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 46.7
  • Book Value ₹ 74.4
  • Dividend Yield 0.00 %
  • ROCE 7.79 %
  • ROE -2.44 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 166 to 92.1 days.

Cons

  • Stock is trading at 4.23 times its book value
  • Company has low interest coverage ratio.
  • 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
137.28 30.12 17.80 13.75 16.37 12.64 20.69 13.81 39.49 18.05 19.56
144.74 35.02 27.17 22.42 37.10 13.10 20.65 11.08 29.34 14.85 16.01
Operating Profit -7.46 -4.90 -9.37 -8.67 -20.73 -0.46 0.04 2.73 10.15 3.20 3.55
OPM % -5.43% -16.27% -52.64% -63.05% -126.63% -3.64% 0.19% 19.77% 25.70% 17.73% 18.15%
2.33 18.20 2.56 -0.34 0.05 0.10 0.54 3.84 0.69 0.50 0.09
Interest 8.50 2.68 2.49 2.98 1.51 2.37 2.55 2.26 2.94 2.08 2.06
Depreciation 6.41 1.66 1.72 1.24 2.52 1.14 1.62 1.63 1.63 1.45 1.46
Profit before tax -20.04 8.96 -11.02 -13.23 -24.71 -3.87 -3.59 2.68 6.27 0.17 0.12
Tax % -20.61% -25.00% -39.93% -15.04% -11.33% -28.17% -24.79% 20.52% 29.98% 41.18% 33.33%
-15.91 11.20 -6.63 -11.24 -21.91 -2.78 -2.69 2.14 4.40 0.10 0.08
EPS in Rs -25.95 18.27 -10.81 -18.33 -35.74 -4.53 -4.39 3.49 7.18 0.16 0.13
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 TTM
137.28 78.05 86.63 90.91
144.75 118.66 74.17 71.28
Operating Profit -7.47 -40.61 12.46 19.63
OPM % -5.44% -52.03% 14.38% 21.59%
2.33 17.42 5.17 5.12
Interest 8.50 9.66 10.11 9.34
Depreciation 6.40 7.14 6.01 6.17
Profit before tax -20.04 -39.99 1.51 9.24
Tax % -20.61% -28.56% 29.14%
-15.91 -28.58 1.06 6.72
EPS in Rs -25.95 -46.61 1.73 10.96
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 43%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 113%
Stock Price CAGR
10 Years: 22%
5 Years: 54%
3 Years: 96%
1 Year: 527%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Sep 2021
Equity Capital 6.13 6.13 6.13 6.13
Reserves 61.33 37.75 39.30 39.49
79.63 67.58 74.63 63.69
182.29 61.81 52.53 66.77
Total Liabilities 329.38 173.27 172.59 176.08
55.97 52.54 46.14 43.42
CWIP 0.12 1.14 2.07 2.09
Investments 0.16 0.11 0.16 0.00
273.13 119.48 124.22 130.57
Total Assets 329.38 173.27 172.59 176.08

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021
-6.45 -32.36 -0.34
-1.03 82.62 3.00
6.99 -49.83 -3.03
Net Cash Flow -0.50 0.44 -0.38

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021
Debtor Days 278.91 126.31 92.06
Inventory Days 192.47 262.85 448.76
Days Payable 411.31 226.20 225.38
Cash Conversion Cycle 60.07 162.96 315.44
Working Capital Days 257.00 170.60 236.70
ROCE % -22.22% 7.79%

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

Documents

Announcements

Annual reports

Credit ratings