Birla Precision Technologies Ltd

Birla Precision Technologies Ltd

₹ 65.2 -3.12%
04 Oct - close price
About

Incorporated in 1986, Birla Precision Technologies Ltd manufactures and sells Machine Tool Accessories, Tools, Precision / Automotive Components
and Castings[1]

Key Points

Business Overview:[1]
BPTL was formed as a JV company between Birla Group and Kennametal Inc, USA. Company provides tooling solutions via manufacturing of High Precision AT3 class Tool Holders, High Precision Work Holding, Expanding Mandrel, Production Boosters, Capital Items, Boring Bars and custom built solutions

  • Market Cap 430 Cr.
  • Current Price 65.2
  • High / Low 93.5 / 44.1
  • Stock P/E 47.0
  • Book Value 22.4
  • Dividend Yield 0.15 %
  • ROCE 12.2 %
  • ROE 7.75 %
  • Face Value 2.00

Pros

Cons

  • Stock is trading at 2.92 times its book value
  • The company has delivered a poor sales growth of 1.02% over past five years.
  • Company has a low return on equity of 8.99% over last 3 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
54.08 62.40 60.86 68.93 57.81 71.76 59.05 64.74 40.76 56.73 67.29 60.99 46.40
51.41 59.83 57.96 58.45 55.21 65.09 53.29 61.52 35.74 50.83 56.07 57.16 42.15
Operating Profit 2.67 2.57 2.90 10.48 2.60 6.67 5.76 3.22 5.02 5.90 11.22 3.83 4.25
OPM % 4.94% 4.12% 4.77% 15.20% 4.50% 9.29% 9.75% 4.97% 12.32% 10.40% 16.67% 6.28% 9.16%
0.21 0.32 0.15 1.37 5.37 0.38 0.26 4.33 0.19 0.56 0.39 0.87 -0.06
Interest 1.23 1.17 1.27 1.61 0.90 0.74 0.89 0.79 0.79 0.73 0.74 1.23 1.19
Depreciation 1.13 1.09 0.98 0.87 0.92 0.99 0.97 1.74 1.73 1.65 1.62 1.49 2.16
Profit before tax 0.52 0.63 0.80 9.37 6.15 5.32 4.16 5.02 2.69 4.08 9.25 1.98 0.84
Tax % 0.00% 0.00% 2.50% 1.17% 0.98% -0.56% 1.68% 104.78% 17.47% 37.01% 23.68% 160.10% 61.90%
0.51 0.63 0.77 9.27 6.08 5.36 4.09 -0.24 2.22 2.57 7.06 -1.19 0.33
EPS in Rs 0.08 0.10 0.12 1.42 0.93 0.82 0.63 -0.04 0.34 0.39 1.08 -0.18 0.05
Raw PDF

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
167 155 154 149 153 184 215 174 171 246 253 226 231
147 141 144 146 144 171 199 166 162 228 235 200 206
Operating Profit 20 14 10 3 9 13 16 7 9 19 18 26 25
OPM % 12% 9% 6% 2% 6% 7% 7% 4% 5% 8% 7% 12% 11%
6 7 4 4 -27 1 4 -10 2 2 10 2 2
Interest 8 8 7 5 5 5 5 6 5 5 3 3 4
Depreciation 9 9 7 6 6 6 6 5 4 4 5 6 7
Profit before tax 9 5 0 -3 -29 3 9 -13 1 11 21 18 16
Tax % -11% 38% 3,100% -67% 0% -2% 0% 0% 2% 1% 26% 41%
10 3 -1 -1 -29 3 9 -13 1 11 15 11 9
EPS in Rs 1.94 0.54 -0.11 -0.21 -5.44 0.50 1.66 -2.34 0.22 1.71 2.34 1.62 1.34
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 6%
Compounded Sales Growth
10 Years: 4%
5 Years: 1%
3 Years: 10%
TTM: -2%
Compounded Profit Growth
10 Years: 14%
5 Years: 4%
3 Years: 96%
TTM: -20%
Stock Price CAGR
10 Years: 35%
5 Years: 57%
3 Years: 55%
1 Year: 40%
Return on Equity
10 Years: 4%
5 Years: 6%
3 Years: 9%
Last Year: 8%

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
Equity Capital 11 11 11 11 11 11 11 11 13 13 13 13
Reserves 118 121 119 118 89 92 102 89 94 105 120 134
48 32 34 34 30 29 30 28 27 24 32 44
59 48 41 39 49 62 75 60 66 72 71 79
Total Liabilities 235 211 206 201 179 194 217 188 199 214 236 270
54 46 41 37 39 35 32 32 29 33 69 67
CWIP 0 0 0 2 0 0 0 0 0 9 0 4
Investments 0 0 0 0 0 0 0 0 7 7 7 7
180 164 164 162 139 159 185 156 163 165 159 191
Total Assets 235 211 206 201 179 194 217 188 199 214 236 270

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
10 21 8 9 13 7 9 6 25 22 27 -10
-1 0 -1 -5 -5 -1 -7 0 -20 -9 -32 -3
-12 -23 -7 -6 -7 -6 -4 -6 -1 -8 5 18
Net Cash Flow -3 -2 0 -2 1 0 -1 -0 3 6 -1 4

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 141 169 172 167 98 91 73 68 70 55 58 71
Inventory Days 226 182 173 200 254 183 306 314 268 271 287 399
Days Payable 167 131 136 149 223 180 197 178 169 155 166 224
Cash Conversion Cycle 200 220 208 217 129 93 182 203 169 171 179 246
Working Capital Days 235 247 264 274 190 172 163 185 161 111 94 154
ROCE % 10% 7% 5% 1% 4% 6% 10% 4% 5% 12% 13% 12%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
59.85% 59.85% 59.84% 59.84% 59.84% 59.84% 59.84% 59.84% 59.84% 59.84% 60.28% 60.28%
0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
0.02% 0.02% 0.02% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
40.14% 40.14% 40.14% 40.14% 40.14% 40.14% 40.14% 40.13% 40.14% 40.12% 39.71% 39.70%
No. of Shareholders 62,73767,34368,11968,68768,64067,80267,15267,06466,64966,91568,79868,081

* 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.

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