Stovec Industries Ltd

Stovec Inds. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Stovec Industries Ltd

₹ 2,828 0.56%
22 Nov - close price
stovec.com BSE: 504959
About

Incorporated in 1973, Stovec Industries Ltd manufactures and sellsTextile Machinery & Consumables, Graphics Consumables and Digital Machines[1]

Key Points

Business Overview:[1][2]
SIL is a subsidiary of SPG Prints B.V., Netherlands. It is a printing solutions provider which offers capital & consumables for textile printing industry and non textile segment. Company manufactures Rotary and digital printing machines, engravers, perforated nickel screens for textile & graphic industry, and other textile & graphic consumables and spare parts

Website BSE
  • Market Cap ₹ 591 Cr.
  • Current Price ₹ 2,828
  • High / Low ₹ 4,372 / 2,320
  • Stock P/E 21.0
  • Book Value ₹ 676
  • Dividend Yield 4.07 %
  • ROCE 32.3 %
  • ROE 21.8 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is providing a good dividend yield of 4.07%.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
  • Company has been maintaining a healthy dividend payout of 29.3%

Cons

  • Earnings include an other income of Rs.14.3 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Capital Goods-Non Electrical Equipment Industry: Textile Machinery

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018
77 102 162 195 213 195
64 85 127 155 169 154
Operating Profit 13 17 35 39 44 41
OPM % 17% 17% 22% 20% 21% 21%
3 3 3 4 4 14
Interest 0 0 0 0 0 0
Depreciation 2 3 5 5 6 5
Profit before tax 15 17 33 38 42 49
Tax % 30% 33% 34% 34% 35% 32%
11 12 22 25 27 34
EPS in Rs 50.67 55.56 104.79 119.44 130.08 160.92
Dividend Payout % 30% 28% 28% 26% 28% 34%
Compounded Sales Growth
10 Years: %
5 Years: 20%
3 Years: 6%
TTM: -8%
Compounded Profit Growth
10 Years: %
5 Years: 22%
3 Years: 9%
TTM: 4%
Stock Price CAGR
10 Years: 13%
5 Years: 5%
3 Years: 7%
1 Year: 19%
Return on Equity
10 Years: %
5 Years: 26%
3 Years: 26%
Last Year: 22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018
Equity Capital 2 2 2 2 2 2
Reserves 48 56 71 88 115 139
0 0 0 0 0 0
20 34 49 59 39 35
Total Liabilities 71 92 121 149 156 177
13 25 26 24 37 29
CWIP 0 0 0 6 0 0
Investments 3 0 0 1 1 1
55 67 96 118 117 146
Total Assets 71 92 121 149 156 177

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018
9 1 23 28 23 38
1 -6 -18 -19 -9 -38
-3 -4 -4 -8 -8 -9
Net Cash Flow 7 -8 0 1 7 -9

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018
Debtor Days 63 81 63 47 54 51
Inventory Days 92 142 122 133 110 93
Days Payable 66 108 86 95 95 89
Cash Conversion Cycle 89 114 100 85 69 55
Working Capital Days 44 68 42 31 56 41
ROCE % 32% 51% 47% 40% 32%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
71.06% 71.06% 71.06% 71.06% 71.06% 71.06% 71.06% 71.06% 71.06% 71.06% 71.06% 71.06%
0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
28.89% 28.89% 28.89% 28.89% 28.89% 28.88% 28.89% 28.89% 28.89% 28.89% 28.88% 28.89%
No. of Shareholders 6,8856,9926,8676,7526,7666,8456,8987,6507,2827,0567,8587,408

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports