NSEI:PRABHAT

Stock Analysis Report

Executive Summary

Prabhat Dairy Limited operates as an integrated milk and dairy products company in India.


Snowflake Analysis

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Prabhat Dairy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PRABHAT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.0%

PRABHAT

3.6%

IN Food

-2.9%

IN Market


1 Year Return

-30.0%

PRABHAT

-3.2%

IN Food

-29.3%

IN Market

Return vs Industry: PRABHAT underperformed the Indian Food industry which returned -3.2% over the past year.

Return vs Market: PRABHAT matched the Indian Market which returned -29.3% over the past year.


Shareholder returns

PRABHATIndustryMarket
7 Day5.0%3.6%-2.9%
30 Day-28.4%-16.3%-26.5%
90 Day-35.5%-11.5%-28.5%
1 Year-30.0%-30.0%-1.8%-3.2%-27.9%-29.3%
3 Year-55.8%-55.9%45.1%40.6%-15.4%-20.0%
5 Yearn/a87.9%78.8%-3.3%-8.3%

Price Volatility Vs. Market

How volatile is Prabhat Dairy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Prabhat Dairy undervalued compared to its fair value and its price relative to the market?

16.3x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PRABHAT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PRABHAT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PRABHAT is poor value based on its PE Ratio (16.3x) compared to the Food industry average (10.3x).

PE vs Market: PRABHAT is poor value based on its PE Ratio (16.3x) compared to the Indian market (9.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PRABHAT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PRABHAT is good value based on its PB Ratio (0.7x) compared to the IN Food industry average (0.7x).


Next Steps

Future Growth

How is Prabhat Dairy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.1%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Prabhat Dairy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Prabhat Dairy performed over the past 5 years?

2.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRABHAT has high quality earnings.

Growing Profit Margin: PRABHAT's current net profit margins (5.4%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: PRABHAT's earnings have grown by 2.5% per year over the past 5 years.

Accelerating Growth: PRABHAT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PRABHAT had negative earnings growth (-37%) over the past year, making it difficult to compare to the Food industry average (20.6%).


Return on Equity

High ROE: PRABHAT's Return on Equity (4%) is considered low.


Next Steps

Financial Health

How is Prabhat Dairy's financial position?


Financial Position Analysis

Short Term Liabilities: PRABHAT's short term assets (₹27.9B) exceed its short term liabilities (₹19.9B).

Long Term Liabilities: PRABHAT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PRABHAT is debt free.

Reducing Debt: PRABHAT has no debt compared to 5 years ago when its debt to equity ratio was 111.7%.

Debt Coverage: PRABHAT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PRABHAT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: PRABHAT has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PRABHAT's debt is covered by short term assets.


Next Steps

Dividend

What is Prabhat Dairy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PRABHAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PRABHAT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PRABHAT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PRABHAT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PRABHAT is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PRABHAT's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average board tenure


CEO

Vivek Nirmal (36yo)

no data

Tenure

₹200,000

Compensation

Mr. Vivek Sarangdhar Nirmal serves as Chief Executive Officer and Director at Prabhat Dairy Limited and has been its Joint Managing Director and Director since September 28, 2012 and May 1, 2012 respective ...


CEO Compensation Analysis

Compensation vs Market: Vivek's total compensation ($USD2.65K) is below average for companies of similar size in the Indian market ($USD48.15K).

Compensation vs Earnings: Vivek's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Sarangdhar Nirmal
Executive Chairman & MDno data₹2.20m1.15% 60.4m
Vivek Nirmal
CEO, Joint MD & Directorno data₹200.00k1.15% 60.4m
Rahul Rai
Alternate Director7.5yrsno datano data
Ashok Sinha
Independent Director7yrs₹250.00kno data
Seemantinee Khot
Independent Non-Executive Director5yrs₹300.00kno data
Bhaskar Gaikwad
Independent Non-Executive Director0.83yrno datano data
Abdul Abdul Hameed
Independent Non-Executive Director0.83yrno datano data
Vaibhav Parjane
Independent Non-Executive Director0.83yrno datano data

5.0yrs

Average Tenure

59yo

Average Age

Experienced Board: PRABHAT's board of directors are considered experienced (5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Prabhat Dairy Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prabhat Dairy Limited
  • Ticker: PRABHAT
  • Exchange: NSEI
  • Founded: 1998
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹5.240b
  • Shares outstanding: 97.68m
  • Website: https://www.prabhatdairy.in

Number of Employees


Location

  • Prabhat Dairy Limited
  • Plot No. D-37/4
  • TTC Industrial Area
  • Navi Mumbai
  • Maharashtra
  • 400705
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539351BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2015
PRABHATNSEI (National Stock Exchange of India)YesEquity SharesININRSep 2015

Biography

Prabhat Dairy Limited operates as an integrated milk and dairy products company in India. The company procures, processes, and sells milk; and manufactures and sells milk products. It offers pasteurized, ultra-high temperature, sweetened condensed, and flavored milk. The company also provides butter, cheese, skimmed and whole milk powder, ingredients for baby food, lassi, chass, ice creams, paneer, shrikhand, curd, dairy whiteners, milk shakes, butter, yogurt, etc. It sells its products through stockists, distributors, and trade outlets. The company serves institutional and retail customers. It also exports its products primarily to Dubai, Thailand, Sri Lanka, Nepal, Bangladesh, and Bhutan. The company was founded in 1998 and is based in Navi Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/29 13:24
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.