A V Thomas Unlisted Share

₹19222

*Average Price as per 7 May, 2024

Fundamentals

FACE VALUE

BOOK VALUE

7187

NO OF SHARES

459152

EPS

1082.78

SALES

1021.58

INDUSTRY PE

79.44

DIVIDEND

150

DIVIDEND YIELD

0.73

18.98

2.86

0.92

MARKET CAP

943.79

EQUITY

0.45

PAT

50.37

MESSAGE

2022-23

OVERVIEW

The company primarily derives its revenue from 2 sources -

1. Sale of products

2. Sale of Services

The proportion of revenue from sale of services is 95% and has been constant for 2019 as well. In sale of Products there are 3 kinds of products that the company deals in -

Sale of Tea, Coffee and Premix

Sale of Traded Goods

Sale of Roofing Materials and Pipes

In 2020, the share of each of the aforementioned segments in the total revenue from sale of goods was: sale of Tea, Coffee and Premix (71%), Sale of Traded Goods (23%) and Sale of Roofing Materials and Pipes (6%). These percentages have changed since 2019 when the share of revenue from sale of tea and coffee to sale of goods was 65%, from sale of traded goods was 28% and from sale of roofing material and pipes was 7%.

INSIGHT

A V Thomas and co ltd's performance in fiscal 2020 and the first quarter of fiscal 2021 remained stable despite the Covid-19 pandemic because of the essential nature of its key products, tea and coffee, which contribute to over 60% of the revenue and 80% of the operating profit. Performance of the trading (aluminium sheets), roofing and logistics businesses was, however, impacted by slowdown in end user demand.
A V Thomas and co ltd business performance is expected to remain steady over the medium term, but with slow revenue growth, expected at 5-7% in fiscal 2021. Revenue from tea and coffee is expected to grow at a steady pace, driven by strong brand equity in markets in the south and increased focus on market penetration. Demand for aluminium sheets, roofing materials and logistics is expected to gradually recover over the medium term, in line with expected recovery in overall economy.
Financial risk profile should remain healthy, as capital expenditure (capex) is expected at a nominal Rs 9-11 crore annually, to be met entirely through internal accrual and liquid surplus. Besides, incremental working capital requirement is also expected to be negligible. Hence, A V Thomas and co ltd should sustain its healthy capital structure and debt protection metrics.
In fiscal 2020, the company liquidated one of its investments for a consideration of Rs 140 crore (including profit of Rs 93 crore). Consequently, liquid surplus increased to Rs 86 crore despite special dividend payout. These funds are expected to remain in the business over the medium term, thus supporting liquidity

ANNUAL REPORT

A V Thomas and Company Annual Report 2022-2023

A V Thomas and Company Annual Report 2021-22

A V Thomas and Company Annual Report 2020-21

A V Thomas and Company Annual Report 2019-2020

A V Thomas and Company Annual Report 2018-2019

SECONDARY NAME

A V Thomas Unlisted Share

ISIN

INE944K01010

CDSL

Yes