International Conveyors Ltd Q1 FY23 Share Price & Earnings Call Analysis

Financials of International Conveyors Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of International Conveyors Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +48.8342.6642.7622.5525.9640.3930.7726.0954.6035.4645.3035.3497.03
Expenses +39.6736.6233.2818.8723.8734.7325.8625.7144.0830.0534.4929.9778.40
Operating Profit9.166.049.483.682.095.664.910.3810.525.4110.815.3718.63
OPM %18.76%14.16%22.17%16.32%8.05%14.01%15.96%1.46%19.27%15.26%23.86%15.20%19.20%
Other Income +4.0214.3421.5822.558.1642.3831.9029.211.4765.90-32.3335.65-10.45
Interest1.202.182.482.202.092.752.181.641.851.872.642.081.84
Depreciation0.570.470.470.490.510.430.440.450.420.380.390.400.40
Profit before tax11.4117.7328.1123.547.6544.8634.1927.509.7269.06-24.5538.545.94
Tax %31.03%20.42%18.53%17.97%20.65%28.96%21.59%27.27%-34.05%24.60%-29.29%22.99%32.83%
Net Profit +7.8714.1122.9019.316.0731.8726.8120.0013.0352.07-17.3629.683.99
EPS in Rs1.192.233.613.050.965.034.233.162.068.22-2.744.650.63

Financials of International Conveyors Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +968460568699169205215134152213
Expenses +918654598688149186186113130173
Operating Profit5-26-3-011202029212140
OPM %5%-2%10%-5%-0%11%12%10%14%16%14%19%
Other Income +468894914146710559
Interest56671010544988
Depreciation533322222222
Profit before tax-1-55-4-432227377711689
Tax %269%-13%34%46%41%-98%25%40%23%19%21%23%
Net Profit +-3-43-7-66171629629268
EPS in Rs-0.44-0.660.49-1.10-0.850.942.462.404.369.8414.4710.72
Dividend Payout %-57%-8%10%-5%-6%21%41%42%25%11%5%0%

Financials of International Conveyors Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital777777776666
Reserves6862117143140116147210209267355418
Borrowings +58584065102634620651258673
Other Liabilities +241111151822286931426071
Total Liabilities157138176230266207228305311439508569
Fixed Assets +242321191715171716151415
CWIP311111000000
Investments4242101143170102147119157252299328
Other Assets +88715267788964168138172195226
Total Assets157138176230266207228305311439508569

Financials of International Conveyors Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +91216-145349374121535
Cash from Investing Activity +-8-37-4-3246-261-18-4843-5
Cash from Financing Activity +-3-8-241826-49-24-371534-54-25
Net Cash Flow-21-10-10-000-144
Free Cash Flow71115-14-8347343111531
CFO/OP217%-753%269%513%-2,264%35%270%231%42%87%102%120%

Financials of International Conveyors Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days966950141110107364529564745
Inventory Days159128198138742209088711618584
Days Payable93517512880108771116911310387
Cash Conversion Cycle1621461731511042205022311053042
Working Capital Days-14-37-19-131-253-57-401304725155646
ROCE %3%0%7%1%3%7%14%14%16%24%27%21%