Bobshell Electrodes
Bobshell Electrodes
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Key Insights
Strengths
1- Company is almost debt free.
Weaknesses
5- The company has delivered a poor sales growth of -4.78% over past five years.
- Company has a low return on equity of -5.01% over last 3 years.
- Earnings include an other income of Rs.2.14 Cr.
- Company has high debtors of 256 days.
- Working capital days have increased from 68.4 days to 248 days
Growth Rate
Quarterly Results
| Particulars | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.24 | 0.87 | 0.47 | 0.38 | 0.61 | 0.66 | 1.65 | 0.29 | 0.41 | 0.64 | 0.73 | 0.71 | 0.19 |
| Expenses | 1.13 | 1.02 | 0.63 | 0.53 | 0.72 | 0.8 | 1.07 | 0.59 | 0.53 | 0.73 | 0.86 | 1.26 | 0.28 |
| Operating Profit | 0.11 | -0.15 | -0.16 | -0.15 | -0.11 | -0.14 | 0.58 | -0.3 | -0.12 | -0.09 | -0.13 | -0.55 | -0.09 |
| OPM % | 8.87% | -17.24% | -34.04% | -39.47% | -18.03% | -21.21% | 35.15% | -103.45% | -29.27% | -14.06% | -17.81% | -77.46% | -47.37% |
| Other Income | 0.02 | 0.02 | 0 | 0.02 | 0 | 0.02 | 0 | 0.03 | 0 | 2.11 | 0 | 0.03 | 0 |
| Interest | 0 | 0 | 0.01 | 0.01 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| PBT | 0.1 | -0.15 | -0.2 | -0.17 | -0.14 | -0.15 | 0.54 | -0.3 | -0.14 | 2 | -0.15 | -0.54 | -0.11 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 12% | 0% | -1.85% | 0% |
| Net Profit | 0.11 | -0.15 | -0.2 | -0.16 | -0.14 | -0.15 | 0.54 | -0.29 | -0.14 | 1.75 | -0.15 | -0.54 | -0.12 |
Profit & Loss
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.38 | 2.49 | 3 | 2.67 | 2.87 | 3.82 | 3.42 | 4.05 | 5.11 | 2.11 | 2.99 | 2.27 |
| Expenses | 2.33 | 2.53 | 3.07 | 2.7 | 2.94 | 4.02 | 3.86 | 4.16 | 4.86 | 2.67 | 2.91 | 3.13 |
| Operating Profit | 0.05 | -0.04 | -0.07 | -0.03 | -0.07 | -0.2 | -0.44 | -0.11 | 0.25 | -0.56 | 0.08 | -0.86 |
| OPM % | 2.1% | -1.61% | -2.33% | -1.12% | -2.44% | -5.24% | -12.87% | -2.72% | 4.89% | -26.54% | 2.68% | -37.89% |
| Other Income | 0.06 | 0.06 | 0.08 | 0.09 | 0.08 | 0.09 | 0.06 | 0.04 | 0.04 | 0.04 | 2.13 | 2.14 |
| Interest | 0.01 | 0.01 | 0 | 0.02 | 0.01 | 0 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0 |
| Depreciation | 0.08 | 0.08 | 0.08 | 0.09 | 0.1 | 0.11 | 0.1 | 0.08 | 0.09 | 0.11 | 0.1 | 0.08 |
| PBT | 0.02 | -0.07 | -0.07 | -0.05 | -0.1 | -0.22 | -0.49 | -0.16 | 0.19 | -0.65 | 2.09 | 1.2 |
| Tax % | 50% | 14.29% | 14.29% | 20% | 0% | 9.09% | -2.04% | 0% | 0% | 0% | 11.48% | — |
| Net Profit | 0 | -0.08 | -0.08 | -0.06 | -0.1 | -0.23 | -0.48 | -0.16 | 0.19 | -0.65 | 1.86 | 0.94 |
| Div. Payout % | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 | 6.01 |
| Reserves | -2.29 | -2.36 | -2.44 | -2.51 | -2.64 | -2.59 | -3.07 | -3.22 | -3.04 | -3.69 | -1.83 | -2.52 |
| Borrowings | 0.01 | 0.03 | 0 | 0.03 | 0.07 | 0 | 0.05 | 0 | 0.31 | 0.16 | 0 | 0.13 |
| Other Liabilities | 0.34 | 0.3 | 0.28 | 0.23 | 0.33 | 0.36 | 0.24 | 0.26 | 0.27 | 1.27 | 0.48 | 0.26 |
| Total Liabilities | 4.07 | 3.98 | 3.85 | 3.76 | 3.77 | 3.78 | 3.23 | 3.05 | 3.55 | 3.75 | 4.66 | 3.88 |
| Fixed Assets | 1.62 | 1.59 | 1.58 | 1.65 | 1.65 | 1.43 | 1.4 | 1.29 | 1.59 | 1.49 | 0.85 | 0.91 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.45 | 2.39 | 2.27 | 2.11 | 2.12 | 2.35 | 1.83 | 1.76 | 1.96 | 2.26 | 3.81 | 2.97 |
| Total Assets | 4.07 | 3.98 | 3.85 | 3.76 | 3.77 | 3.78 | 3.23 | 3.05 | 3.55 | 3.75 | 4.66 | 3.88 |
Cash Flow
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0.23 | -0.25 | 0.67 | 0.02 | 0.06 | — | -0.31 | -0.15 | 0.42 | -0.1 | -1.9 |
| Investing | -0.09 | -0.05 | -0.16 | -0.28 | -0.16 | — | 0.21 | -0.01 | -0.44 | 0 | 2.61 |
| Financing | 0 | 0 | 0 | 0.03 | -0.11 | — | 0 | 0 | 0.31 | 0.08 | -0.39 |
| Net Cash Flow | 0.14 | -0.3 | 0.51 | -0.23 | -0.21 | — | -0.11 | -0.16 | 0.29 | -0.02 | 0.32 |
| Free Cash Flow | 0.17 | -0.31 | 0.61 | -0.14 | -0.1 | — | -0.38 | -0.12 | 0.02 | -0.1 | 0.72 |
| CFO/OP | 460 | 625 | -957 | -67 | -86 | — | 70 | 136 | 168 | 18 | -2,375 |
Ratios
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 166 | 139 | 74.22 | 76.55 | 78.85 | 45.86 | 30.95 | 45.96 | 20.71 | 102 | 256 |
| Inventory Days | 57.9 | 65.18 | 34.07 | 33.91 | 50.93 | 73.78 | 77.14 | 37.55 | 41.37 | 140 | 56.64 |
| Days Payable | 35.24 | 21.73 | 14.6 | 3.99 | 27.59 | 34.95 | 24.46 | 22.53 | 31.63 | 388 | 123 |
| Cash Conversion Cycle | 188 | 183 | 93.68 | 106 | 102 | 84.69 | 83.63 | 60.98 | 30.45 | -146 | 190 |
| Working Capital Days | 173 | 205 | 88.82 | 103 | 95.38 | 57.33 | 59.77 | 53.17 | 21.43 | -64 | 248 |
| ROCE % | — | -1.62% | -1.93% | -0.85% | -2.58% | — | -14.66% | -5.19% | 6.59% | -21.88% | 0.9% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Company Information
Bobshell Electrodes is engaged in the business of manufacturing of Welding Rods.
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