Circuit Systems (India) Ltd
Circuit Systems (India) Limited, domiciled in India, listed on Bombay Stock Exchange, the company business is Printed Circuit Boards.
- Market Cap ₹ 19.3 Cr.
- Current Price ₹ 13.9
- High / Low ₹ /
- Stock P/E 8.88
- Book Value ₹ 20.7
- Dividend Yield 0.00 %
- ROCE 10.5 %
- ROE 7.86 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.67 times its book value
- Debtor days have improved from 24.4 to 19.2 days.
- Company's working capital requirements have reduced from 121 days to 94.1 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.58% 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.
Peer comparison
Sector: Consumer Durables Industry: Electronics - Components
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
37.62 | 36.12 | 35.96 | 36.83 | 30.39 | 26.11 | 24.78 | 24.25 | 21.29 | 23.79 | 25.91 | 36.60 | |
31.79 | 33.93 | 34.29 | 35.33 | 26.96 | 23.90 | 22.14 | 21.47 | 18.08 | 18.33 | 19.49 | 28.97 | |
Operating Profit | 5.83 | 2.19 | 1.67 | 1.50 | 3.43 | 2.21 | 2.64 | 2.78 | 3.21 | 5.46 | 6.42 | 7.63 |
OPM % | 15.50% | 6.06% | 4.64% | 4.07% | 11.29% | 8.46% | 10.65% | 11.46% | 15.08% | 22.95% | 24.78% | 20.85% |
1.00 | 0.41 | 2.53 | 0.63 | 0.15 | -3.86 | 0.24 | -6.38 | 1.08 | 0.28 | 0.68 | 1.34 | |
Interest | 1.42 | 1.70 | 1.13 | 0.96 | 1.77 | 1.44 | 0.92 | 1.06 | 1.25 | 1.39 | 1.43 | 1.57 |
Depreciation | 1.39 | 1.54 | 1.55 | 1.76 | 1.38 | 1.45 | 1.56 | 1.03 | 1.39 | 2.39 | 3.19 | 4.44 |
Profit before tax | 4.02 | -0.64 | 1.52 | -0.59 | 0.43 | -4.54 | 0.40 | -5.69 | 1.65 | 1.96 | 2.48 | 2.96 |
Tax % | 35.32% | 62.50% | 51.97% | -133.90% | 6.98% | -0.44% | 22.50% | -1.41% | -0.00% | -69.39% | 34.27% | 27.03% |
2.60 | -1.04 | 0.73 | 0.20 | 0.40 | -4.52 | 0.32 | -5.62 | 1.64 | 3.33 | 1.63 | 2.17 | |
EPS in Rs | 2.17 | -0.87 | 0.46 | 0.13 | 0.25 | -2.88 | 0.23 | -4.05 | 1.18 | 2.40 | 1.18 | 1.56 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 8% |
3 Years: | 20% |
TTM: | 41% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 41% |
3 Years: | 5% |
TTM: | 35% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 8% |
3 Years: | 10% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12.00 | 12.00 | 15.70 | 15.70 | 15.70 | 15.70 | 13.87 | 13.87 | 13.87 | 13.87 | 13.87 | 13.87 |
Reserves | 22.39 | 21.36 | 23.56 | 23.77 | 24.17 | 19.65 | 20.34 | 6.05 | 7.69 | 11.02 | 12.65 | 14.82 |
20.04 | 27.88 | 23.02 | 14.89 | 14.53 | 6.60 | 1.79 | 8.96 | 10.34 | 13.85 | 10.83 | 19.90 | |
9.07 | 10.16 | 16.71 | 13.62 | 7.92 | 5.65 | 6.72 | 3.11 | 1.33 | 3.82 | 4.40 | 3.21 | |
Total Liabilities | 63.50 | 71.40 | 78.99 | 67.98 | 62.32 | 47.60 | 42.72 | 31.99 | 33.23 | 42.56 | 41.75 | 51.80 |
22.37 | 21.18 | 19.41 | 18.38 | 19.10 | 18.33 | 19.00 | 9.92 | 12.12 | 16.32 | 16.81 | 20.53 | |
CWIP | 13.65 | 22.21 | 23.66 | 22.05 | 21.79 | 1.38 | -0.00 | -0.00 | -0.00 | 0.03 | 1.62 | 0.11 |
Investments | 1.05 | 1.10 | 1.10 | 1.10 | 1.10 | 6.47 | 6.42 | 6.42 | 8.32 | 9.25 | 9.49 | 13.79 |
26.43 | 26.91 | 34.82 | 26.45 | 20.33 | 21.42 | 17.30 | 15.65 | 12.79 | 16.96 | 13.83 | 17.37 | |
Total Assets | 63.50 | 71.40 | 78.99 | 67.98 | 62.32 | 47.60 | 42.72 | 31.99 | 33.23 | 42.56 | 41.75 | 51.80 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.39 | 2.54 | 6.21 | 2.62 | 3.09 | 0.04 | 5.89 | 2.84 | 3.60 | 9.91 | 6.32 | 8.14 | |
-12.57 | -9.07 | -0.24 | 1.28 | -1.74 | 8.83 | 1.27 | -5.14 | -5.45 | -7.71 | -5.49 | -13.07 | |
9.68 | 6.27 | -0.74 | -9.11 | -2.21 | -8.81 | -7.34 | 5.51 | -0.97 | -2.43 | -0.84 | 4.88 | |
Net Cash Flow | 0.50 | -0.26 | 5.23 | -5.21 | -0.86 | 0.06 | -0.18 | 3.22 | -2.82 | -0.23 | -0.01 | -0.05 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 135.25 | 142.48 | 153.78 | 132.30 | 110.74 | 97.16 | 94.27 | 58.40 | 41.49 | 28.23 | 25.78 | 19.25 |
Inventory Days | 95.57 | 102.02 | 112.22 | 130.54 | 183.76 | 257.55 | 286.59 | 127.83 | 211.63 | 213.48 | 276.24 | 138.33 |
Days Payable | 95.57 | 101.82 | 195.91 | 163.56 | 97.18 | 59.01 | 73.34 | 7.27 | 40.70 | 116.72 | 165.96 | 48.96 |
Cash Conversion Cycle | 135.25 | 142.68 | 70.09 | 99.28 | 197.31 | 295.69 | 307.52 | 178.96 | 212.42 | 125.00 | 136.07 | 108.62 |
Working Capital Days | 179.88 | 189.27 | 159.26 | 122.49 | 170.67 | 232.20 | 190.75 | 135.01 | 188.24 | 179.66 | 89.59 | 94.14 |
ROCE % | 11.75% | 1.94% | 3.25% | 1.29% | 4.25% | 2.10% | 3.69% | 6.50% | 10.40% | 10.11% | 10.30% | 10.54% |
Documents
Announcements
-
Updates on Post Delisting Offer
23 Mar 2016 - PL Capital Markets Private Limited (‘Manager to the Offer’) has submitted to BSE a Copy of exit offer public announcement (‘Exit Offer PA’) is being …
- Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 4 Mar 2016
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Mar 2016
-
Post Delisting Offer
29 Feb 2016 - PL Capital Markets Private Limited (‘Manager to the Offer’) and Mr. Paresh N. Vasani (‘Promoter’) has informed this post offer public announcement (‘Post Offer PA’) …
- Financial Results, Limited Review Report for December 31, 2015 12 Feb 2016