Simplex Castings Ltd

Simplex Castings Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Simplex Castings Ltd

₹ 315 -2.28%
22 Nov - close price
simplexcastings.com BSE: 513472
About

Incorporated in 1980, Simplex Castings Ltd manufactures SG Iron, Steel, Special Alloy Castings, C.I. Castings and Equipment.

Key Points

Business Overview:[1]
Company manufactures iron and steel casting products at its two manufacturing units in Bhilai and Tedsara. These facilities include Cast Iron Foundry, Heavy Engineering and Fabrication Plant, etc. Company provides engineering components, castings, forging, fabrication, machining, assembly, equipment building, in-house testing, EPC division and Designing facility.

Website BSE
  • Market Cap ₹ 217 Cr.
  • Current Price ₹ 315
  • High / Low ₹ 355 / 52.8
  • Stock P/E 33.8
  • Book Value ₹ 67.3
  • Dividend Yield 0.00 %
  • ROCE 10.5 %
  • ROE 4.62 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 4.68 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.66% over past five years.
  • Company has a low return on equity of 5.96% over last 3 years.
  • Promoter holding has decreased over last 3 years: -4.18%

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
19.56 22.69 31.54 16.19 25.70 30.28 44.44 34.70 26.48 29.48 31.47 27.49 29.38
15.98 19.39 26.05 12.43 21.07 27.03 41.46 31.98 23.59 25.63 27.71 22.48 21.50
Operating Profit 3.58 3.30 5.49 3.76 4.63 3.25 2.98 2.72 2.89 3.85 3.76 5.01 7.88
OPM % 18.30% 14.54% 17.41% 23.22% 18.02% 10.73% 6.71% 7.84% 10.91% 13.06% 11.95% 18.22% 26.82%
0.09 0.06 0.24 -13.86 6.74 -13.44 0.60 1.11 0.73 0.34 0.78 0.17 0.15
Interest 2.06 1.78 2.86 2.13 2.17 1.81 2.26 2.08 2.16 2.44 1.92 2.11 2.25
Depreciation 1.46 1.46 1.24 1.46 1.46 1.49 0.79 1.11 1.13 1.12 1.11 0.91 0.92
Profit before tax 0.15 0.12 1.63 -13.69 7.74 -13.49 0.53 0.64 0.33 0.63 1.51 2.16 4.86
Tax % 26.67% 16.67% 22.70% -24.91% 27.39% -16.53% 303.77% 29.69% 36.36% 23.81% 17.22% 25.00% 25.31%
0.11 0.10 1.25 -10.27 5.63 -11.26 -1.09 0.44 0.21 0.48 1.26 1.62 3.64
EPS in Rs 0.18 0.16 2.04 -16.75 9.18 -18.37 -1.78 0.72 0.34 0.78 2.06 2.35 5.28
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
203 158 167 208 220 222 107 54 81 92 117 122 118
175 137 144 187 199 196 106 95 68 76 102 109 97
Operating Profit 28 22 23 21 21 26 1 -41 13 16 15 13 20
OPM % 14% 14% 14% 10% 10% 12% 1% -75% 16% 17% 13% 11% 17%
1 1 1 3 2 1 2 17 5 1 -20 3 1
Interest 16 14 15 12 11 12 8 10 10 9 8 9 9
Depreciation 6 6 8 7 8 12 15 7 6 6 5 4 4
Profit before tax 7 3 1 5 4 3 -20 -40 1 2 -19 3 9
Tax % 32% 45% -11% 33% 40% -2% -21% -29% 31% 25% -10% 23%
5 2 1 4 2 3 -16 -29 1 2 -17 2 7
EPS in Rs 8.29 2.56 1.99 5.95 3.74 5.60 -25.80 -46.57 1.65 2.48 -27.71 3.90 10.47
Dividend Payout % 12% 20% 0% 8% 13% 9% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -3%
5 Years: 3%
3 Years: 15%
TTM: -13%
Compounded Profit Growth
10 Years: 0%
5 Years: 16%
3 Years: 49%
TTM: 238%
Stock Price CAGR
10 Years: 22%
5 Years: 54%
3 Years: 99%
1 Year: 527%
Return on Equity
10 Years: -4%
5 Years: -10%
3 Years: 6%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6 7
Reserves 70 73 71 75 73 75 61 38 39 41 24 27 39
92 73 67 73 85 89 80 68 75 67 66 72 70
62 78 93 82 72 128 165 55 52 65 52 43 40
Total Liabilities 230 230 236 237 235 298 312 167 173 180 148 148 156
87 87 79 74 72 98 56 53 46 43 39 36 33
CWIP 4 1 1 0 5 16 0 1 2 0 0 0 7
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
138 142 157 162 158 183 256 113 124 137 109 112 116
Total Assets 230 230 236 237 235 298 312 167 173 180 148 148 156

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
20 34 18 8 12 34 -6 -32 -0 19 12 -3
-6 -3 -1 -5 -13 -33 -1 83 3 -0 -1 5
-13 -32 -18 -3 0 0 7 -50 -3 -20 -10 -2
Net Cash Flow 1 -0 -1 -1 -0 1 -1 0 -0 -1 1 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 89 79 75 90 108 100 299 139 99 107 46 74
Inventory Days 188 343 318 171 157 245 276 408 517 561 336 325
Days Payable 99 169 177 140 119 233 498 298 260 260 183 106
Cash Conversion Cycle 178 254 215 122 146 113 76 250 356 408 199 293
Working Capital Days 99 105 91 90 110 103 330 242 255 224 131 171
ROCE % 14% 11% 11% 11% 9% 9% -7% -22% 8% 9% 10% 10%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
56.54% 56.54% 56.54% 56.55% 56.51% 56.51% 56.53% 56.53% 56.53% 56.53% 52.39% 52.36%
43.46% 43.46% 43.46% 43.44% 43.49% 43.49% 43.46% 43.47% 43.46% 43.48% 47.60% 47.64%
No. of Shareholders 3,9533,8063,7073,7003,6273,6213,4523,4903,5493,3443,3293,349

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