Innovative Foods
Innovative Foods
Fast Moving Consumer GoodsTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
3- Company has low interest coverage ratio.
- Company has a low return on equity of -40.8% over last 3 years.
- Earnings include an other income of Rs.1.77 Cr.
Growth Rate
Profit & Loss
| Particulars | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26.59 | 31.64 | 39.04 | 54.64 | 56.11 | 64.54 | 62.71 | 49.18 | 54.1 | 70.91 | 79.86 | 85.29 |
| Expenses | 28.16 | 32.46 | 41.07 | 56.35 | 58.71 | 67.54 | 67.29 | 58.08 | 65.63 | 86.47 | 90.17 | 81.61 |
| Operating Profit | -1.57 | -0.82 | -2.03 | -1.71 | -2.6 | -3 | -4.58 | -8.9 | -11.53 | -15.56 | -10.31 | 3.68 |
| OPM % | -5.9% | -2.59% | -5.2% | -3.13% | -4.63% | -4.65% | -7.3% | -18.1% | -21.31% | -21.94% | -12.91% | 4.31% |
| Other Income | -0.17 | 0.43 | -0.04 | 2.65 | 1.21 | 0.82 | 0.83 | 1.58 | 3.22 | 1.31 | 1.76 | 1.77 |
| Interest | 1.8 | 2.02 | 1.71 | 0.14 | 0.11 | 0.36 | 0.97 | 0.88 | 0.27 | 2.06 | 1.82 | 1.68 |
| Depreciation | 1.3 | 1.06 | 1.28 | 1.29 | 1.2 | 1.17 | 1.3 | 1.48 | 1.26 | 2.48 | 2.96 | 2.7 |
| PBT | -4.84 | -3.47 | -5.06 | -0.49 | -2.7 | -3.71 | -6.02 | -9.68 | -9.84 | -18.79 | -13.33 | 1.07 |
| Tax % | 1.24% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -4.9 | -3.47 | -5.06 | -0.49 | -2.7 | -3.71 | -6.02 | -9.68 | -9.84 | -18.8 | -13.33 | 1.06 |
| EPS in Rs | -4.22 | -2.99 | -4.36 | -0.42 | -2.33 | -3.2 | -5.19 | -8.34 | -8.48 | -16.2 | -11.48 | 0.91 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.61 | 11.61 | 39.01 | 39.01 | 39.01 | 39.01 | 39.13 | 60.78 | 73.94 | 93.94 | 109 | 109 |
| Reserves | -10.5 | -13.97 | -10.93 | -11.42 | -14.13 | -17.84 | -23.83 | -22.24 | -25.23 | -69.56 | -82.9 | -81.83 |
| Borrowings | 15.08 | 16.97 | 0 | 0 | 0 | 3.37 | 7.34 | 2.13 | 2.6 | 19.21 | 16.92 | 18.79 |
| Other Liabilities | 5.16 | 9.34 | 7.67 | 9.62 | 9.14 | 8.94 | 10.09 | 10.75 | 15 | 23.04 | 21.94 | 19.47 |
| Total Liabilities | 21.35 | 23.95 | 35.75 | 37.21 | 34.02 | 33.48 | 32.73 | 51.42 | 66.31 | 66.63 | 64.9 | 65.37 |
| Fixed Assets | 10.69 | 9.89 | 9.11 | 9.82 | 9.41 | 9.63 | 10.41 | 9.09 | 9.43 | 27.86 | 25.61 | 23.67 |
| CWIP | 0.14 | 0.14 | 0 | 0 | 0.16 | 0.32 | 0 | 0.08 | 0.24 | 0 | 0.28 | 0.21 |
| Investments | 0.3 | 0.3 | 0.3 | 0.14 | 0.42 | 0.14 | 0.14 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 10.22 | 13.62 | 26.34 | 27.25 | 24.03 | 23.39 | 22.18 | 42.25 | 56.64 | 38.77 | 39.01 | 41.49 |
| Total Assets | 21.35 | 23.95 | 35.75 | 37.21 | 34.02 | 33.48 | 32.73 | 51.42 | 66.31 | 66.63 | 64.9 | 65.37 |
Cash Flow
| Particulars | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -1.42 | 0.51 | -3.34 | -1.51 | -2.61 | -2.08 | -1.79 | -1.41 | -11.73 | -16.75 | -8.96 | 0.21 |
| Investing | -0.62 | -0.34 | -0.43 | -0.56 | -0.22 | -1.01 | -1.44 | 0.74 | -0.37 | -1.83 | -1.17 | -0.44 |
| Financing | 2.15 | -0.04 | 16.93 | 0 | -0.28 | 0.22 | 3.31 | 27.19 | 20.28 | 18.23 | 10.95 | 0.16 |
| Net Cash Flow | 0.11 | 0.13 | 13.16 | -2.07 | -3.11 | -2.87 | 0.08 | 26.52 | 8.18 | -0.34 | 0.82 | -0.07 |
| Free Cash Flow | -2.06 | 0.15 | -3.83 | -2.96 | -3.71 | -3.63 | -3.51 | -1.05 | -13.62 | -20.28 | -10.57 | -0.66 |
| CFO/OP | 87 | -62 | 166 | 83 | 97 | 67 | 38 | 15 | 100 | 109 | 87 | 2 |
Ratios
| Particulars | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 42.14 | 41.07 | 43.1 | 41.22 | 44.17 | 42.13 | 53.96 | 48.69 | 67.4 | 87.61 | 74.36 | 77.12 |
| Inventory Days | 181 | 193 | 102 | 80.56 | 70.51 | 105 | 72.54 | 83.27 | 86.03 | 73.5 | 65.3 | 85.51 |
| Days Payable | 132 | 198 | 37.71 | 29.56 | 29.77 | 39.65 | 31.12 | 29.43 | 50.36 | 76.4 | 137 | 122 |
| Cash Conversion Cycle | 90.74 | 36.07 | 108 | 92.22 | 84.9 | 107 | 95.38 | 103 | 103 | 84.71 | 2.89 | 40.32 |
| Working Capital Days | 55.32 | 33.8 | 41.14 | 30.86 | 37.27 | 42.87 | 6.64 | 14.4 | 15.99 | -1.03 | 1.92 | 20.71 |
| ROCE % | -16.79% | -8.77% | -14.62% | -2.73% | -10.14% | -13.56% | -21.41% | -29.88% | -23.24% | — | -26.6% | 6.19% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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29 extracted metrics + investor summaries across FY09–FY21.
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Company Information
Innovative Foods Limited is engaged in manufactures and sells frozen ready to eat and ready to cook foods in India
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