Bhoruka Aluminium
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Key Insights
Strengths
1- Stock is trading at 0.90 times its book value
Weaknesses
3- Company has low interest coverage ratio.
- Company has a low return on equity of -1.21% over last 3 years.
- Contingent liabilities of Rs.8.17 Cr.
Growth Rate
Annual windows: The latest annual results are more than two years old, so no annual growth is shown.
Trailing twelve months: The latest quarterly results are more than a year old.
Quarterly Results
₹ CrResults for the period ended Dec 2023 were due by 14 Feb 2024 and are not in this table yet.
| Particulars | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −11 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −11 |
| Tax % | 0% | — | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −11 |
| EPS (₹) | 0 | 0 | −0.01 | −0.01 | 0 | 0 | −0.02 | −0.01 | −0.01 | −0.01 | −0.01 | −0.02 | −2.06 |
Profit & Loss
₹ Cr| Particulars | Sep 2012 18m | Mar 2013 6m | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 144 | 23 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 151 | 30 | 12 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | −7 | −7 | −5 | −1 | −1 | −1 | −1 | −1 | 0 | 0 | 0 | 0 | 0 |
| OPM % | −4.8% | −31% | −75% | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | — | — | — | — | — | — | — | — | — |
| Other Income | −32 | 1 | 44 | 1 | 0 | 0 | 3 | 0 | 2 | 0 | 0 | 0 | −11 |
| Interest | 17 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 6 | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | −62 | −9 | 37 | 0 | −1 | −1 | 2 | −1 | 1 | 0 | 0 | 0 | −11 |
| Tax % | −2% | 0% | 15% | 0% | 0% | 0% | 29% | 0% | 0% | 0% | 0% | 0% | — |
| Net Profit | −61 | −9 | 31 | 0 | −1 | −1 | 1 | −1 | 1 | 0 | 0 | 0 | −11 |
| EPS (₹) | −11.05 | −1.58 | 5.69 | −0.06 | −0.14 | −0.15 | 0.21 | −0.15 | 0.23 | −0.02 | −0.03 | −0.04 | −2.1 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Sep 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 |
| Reserves | −28 | −37 | −6 | −6 | −7 | −8 | −42 | −43 | −43 | −44 | −40 | −41 | −52 |
| Borrowings | 99 | 99 | 12 | 11 | 10 | 11 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
| Other Liabilities | 31 | 36 | 14 | 12 | 12 | 11 | 12 | 13 | 11 | 11 | 12 | 12 | 22 |
| Total Liabilities | 156 | 152 | 75 | 72 | 70 | 69 | 28 | 28 | 27 | 26 | 30 | 28 | 28 |
| Fixed Assets | 52 | 50 | 3 | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 43 | 43 | 43 | 43 | 43 | 45 | 6 | 6 | 5 | 4 | 9 | 8 | 8 |
| Other Assets | 62 | 59 | 29 | 27 | 26 | 23 | 22 | 21 | 22 | 22 | 20 | 21 | 19 |
| Total Assets | 156 | 152 | 75 | 72 | 70 | 69 | 28 | 28 | 27 | 26 | 30 | 28 | 28 |
Cash Flow
₹ Cr| Particulars | Sep 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −21 | 1 | −25 | −2 | −2 | 1 | −38 | 0 | −2 | −1 | 5 | −2 |
| Investing | −29 | 0 | 90 | 5 | 1 | −2 | 42 | 0 | 2 | 1 | −5 | 2 |
| Financing | 11 | −1 | −65 | −1 | −2 | 1 | −4 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | −39 | 0 | 1 | 2 | −3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | −19 | 1 | 65 | 3 | −1 | 1 | −35 | 0 | −1 | −1 | 5 | −2 |
| CFO/OP | 295 | −16 | 481 | 221 | 262 | −172 | 2,815 | −43 | 759 | 970 | −3,124 | 835 |
Ratios
| Particulars | Sep 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 5 | 37 | 4 | — | — | — | — | — | — | — | — | — |
| Inventory Days | 92 | 434 | 0 | — | — | — | — | — | — | — | — | — |
| Days Payable | 83 | 391 | — | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 14 | 81 | 4 | — | — | — | — | — | — | — | — | — |
| Working Capital Days | −221 | −1,480 | −685 | — | — | — | — | — | — | — | — | — |
| ROCE % | −9% | — | 42% | 6% | −2% | −1% | −3% | −4% | −1% | −1% | −1% | −1% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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59 extracted metrics across FY10–FY24.
Documents
Frequently Asked Questions about Bhoruka Aluminium
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Company Information
Bhoruka Aluminium is a cutting-edge organization with a combination of highly talented people, pioneering in Aluminium extrusions, backed up by advanced technologies and a dedicated customer-focused culture.
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