Metalyst Forgings Ltd
Incorporated in 1977, Metalyst Forgings Ltd manufactures automotive components viz. front axle beam, crankshaft, and other small and medium components[1]
- Market Cap ₹ 17.6 Cr.
- Current Price ₹ 4.05
- High / Low ₹ 5.40 / 3.21
- Stock P/E
- Book Value ₹ -580
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 151 to 54.4 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.89% over past five years.
* 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: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Jun 2012 | Sep 2013 | Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,214 | 1,718 | 2,395 | 2,345 | 869 | 1,106 | 374 | 380 | 188 | 174 | 231 | 262 | 260 | |
919 | 1,302 | 1,796 | 1,848 | 682 | 581 | 374 | 369 | 237 | 248 | 232 | 257 | 258 | |
Operating Profit | 295 | 416 | 599 | 496 | 187 | 526 | 0 | 11 | -49 | -74 | -1 | 5 | 2 |
OPM % | 24% | 24% | 25% | 21% | 22% | 48% | 0% | 3% | -26% | -42% | -1% | 2% | 1% |
4 | 43 | 20 | -19 | -207 | -440 | -412 | 1 | 1 | -342 | 1 | -73 | -73 | |
Interest | 67 | 105 | 199 | 368 | 198 | 408 | 342 | 27 | 2 | 0 | 1 | 2 | 1 |
Depreciation | 61 | 98 | 137 | 190 | 142 | 573 | 260 | 255 | 254 | 252 | 250 | 244 | 243 |
Profit before tax | 171 | 257 | 282 | -81 | -360 | -896 | -1,013 | -271 | -303 | -668 | -252 | -314 | -316 |
Tax % | 29% | 33% | 32% | -33% | -24% | -28% | -8% | 8% | 0% | 0% | 0% | 0% | |
121 | 173 | 193 | -54 | -273 | -645 | -930 | -292 | -303 | -668 | -252 | -314 | -316 | |
EPS in Rs | 32.89 | 47.15 | 52.54 | -14.66 | -74.26 | -158.29 | -213.59 | -67.13 | -69.67 | -153.39 | -57.97 | -72.07 | -72.53 |
Dividend Payout % | 3% | 2% | 2% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -14% |
5 Years: | -7% |
3 Years: | 12% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 6% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | -37% |
5 Years: | -7% |
3 Years: | -8% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Jun 2012 | Sep 2013 | Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 37 | 37 | 37 | 37 | 37 | 41 | 44 | 44 | 44 | 44 | 44 | 44 |
Reserves | 702 | 931 | 1,059 | 1,044 | 774 | 129 | -775 | -1,067 | -1,369 | -2,002 | -2,255 | -2,569 |
670 | 2,134 | 2,563 | 2,862 | 2,767 | 1,182 | 1,331 | 1,332 | 1,678 | 1,643 | 1,644 | 1,646 | |
370 | 453 | 553 | 872 | 1,029 | 2,850 | 3,054 | 3,067 | 2,709 | 2,705 | 2,700 | 2,701 | |
Total Liabilities | 1,778 | 3,554 | 4,212 | 4,814 | 4,607 | 4,202 | 3,654 | 3,375 | 3,062 | 2,390 | 2,132 | 1,821 |
968 | 1,992 | 2,773 | 2,679 | 2,578 | 2,748 | 2,512 | 2,258 | 2,005 | 1,749 | 1,499 | 1,255 | |
CWIP | 45 | 707 | 147 | 115 | 145 | 95 | 138 | 138 | 138 | 138 | 139 | 141 |
Investments | 1 | 1 | 1 | 347 | 347 | 347 | 347 | 347 | 347 | 0 | 0 | 0 |
764 | 854 | 1,291 | 1,673 | 1,536 | 1,011 | 657 | 632 | 571 | 503 | 494 | 425 | |
Total Assets | 1,778 | 3,554 | 4,212 | 4,814 | 4,607 | 4,202 | 3,654 | 3,375 | 3,062 | 2,390 | 2,132 | 1,821 |
Cash Flows
Figures in Rs. Crores
Jun 2012 | Sep 2013 | Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
257 | 635 | 331 | 745 | 158 | 709 | 57 | -1 | 0 | -7 | -2 | -2 | |
-212 | -1,642 | -339 | -400 | -58 | -690 | -66 | -1 | 2 | 1 | 2 | 1 | |
-18 | 1,171 | -96 | -436 | -99 | -34 | -4 | 6 | -0 | -0 | -0 | 0 | |
Net Cash Flow | 28 | 164 | -104 | -91 | 1 | -15 | -13 | 5 | 2 | -6 | -0 | -1 |
Ratios
Figures in Rs. Crores
Jun 2012 | Sep 2013 | Sep 2014 | Sep 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 85 | 56 | 78 | 90 | 157 | 75 | 200 | 199 | 301 | 227 | 172 | 54 |
Inventory Days | 122 | 99 | 139 | 228 | 576 | 129 | 174 | 179 | 355 | 325 | 225 | 194 |
Days Payable | 44 | 31 | 29 | 20 | 70 | 53 | 197 | 206 | 383 | 411 | 289 | 255 |
Cash Conversion Cycle | 163 | 124 | 188 | 297 | 663 | 151 | 177 | 172 | 272 | 142 | 107 | -6 |
Working Capital Days | 97 | 48 | 53 | 128 | 227 | -530 | -2,214 | -2,196 | -4,707 | -5,213 | -3,935 | -3,563 |
ROCE % | 19% | 16% | 14% | 8% | 2% | -2% | -27% | -54% | -91% | -1,754% |
Documents
Announcements
- Disclosure under Regulation 30A of LODR 11 Jun
- Disclosure under Regulation 30A of LODR 8 Jun
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Corporate Action-Delisting
28 May - Dear Sir Please find enclosed herewith attached delisting application
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Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal
16 May - Dear Sir Please find enclosed the attached documents
-
Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal
15 May - Dear Sir, Please find enclosed herewith the approval of the resolution plan in respect of Metalyst Forgings Limited by the Hon''ble National Company Law Tribunal, …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1][2]
Company manufactures engineered forging components viz. hot forged parts and high tensile fasteners for automotive and non-automotive segments for two/three wheelers, cars, tractors, light commercial vehicles (LCV), heavy commercial vehicles (HCV) and stationary engines