Creative Castings Ltd

Creative Casting Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Creative Castings Ltd

₹ 845 -0.14%
25 Jul 10:34 a.m.
creative-cast.com BSE: 539527
About

Incorporated in 1980, Creative Castings Ltd manufactures and sells all types of Steel and
Alloy Steel Investment Castings and generates power from wind energy[1]

Key Points

Business Overview:[1][2]
Company is a ferrous investment & precision casting manufacturer and exporter of the lost wax process. It supplies over 5593 different types of castings in as cast & in fully machined conditions for various engineering applications viz. pumps & valves, Defense, oil & refinery, fire control equipment automobiles, etc. It generates revenue from windmill turbines

Website BSE
  • Market Cap ₹ 110 Cr.
  • Current Price ₹ 845
  • High / Low ₹ 1,196 / 511
  • Stock P/E 21.7
  • Book Value ₹ 300
  • Dividend Yield 1.18 %
  • ROCE 17.8 %
  • ROE 13.7 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 12.7% 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: Castings, Forgings & Fastners Industry: Castings & Forgings

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
8.25 9.15 6.46 9.94 11.57 12.09 12.21 9.49 16.99 11.70 12.82 12.46 15.29
7.35 8.40 5.38 8.90 11.06 11.11 11.14 7.89 15.41 10.17 11.69 11.28 12.86
Operating Profit 0.90 0.75 1.08 1.04 0.51 0.98 1.07 1.60 1.58 1.53 1.13 1.18 2.43
OPM % 10.91% 8.20% 16.72% 10.46% 4.41% 8.11% 8.76% 16.86% 9.30% 13.08% 8.81% 9.47% 15.89%
0.35 0.13 0.57 0.27 0.40 0.55 0.51 0.44 0.50 -0.09 0.44 0.55 0.01
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.01 0.01
Depreciation 0.17 0.15 0.17 0.16 0.13 0.15 0.15 0.16 0.30 0.15 0.15 0.15 0.18
Profit before tax 1.08 0.73 1.48 1.15 0.78 1.38 1.43 1.88 1.77 1.29 1.42 1.57 2.25
Tax % 25.00% -1.37% 42.57% 31.30% 28.21% 19.57% 25.17% 29.26% 28.25% 17.83% 20.42% 33.76% 18.22%
0.81 0.73 0.84 0.80 0.57 1.12 1.08 1.33 1.26 1.06 1.13 1.03 1.84
EPS in Rs 6.23 5.62 6.46 6.15 4.38 8.62 8.31 10.23 9.69 8.15 8.69 7.92 14.15
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
31.31 27.19 20.95 24.93 25.43 33.37 30.30 31.31 29.86 41.70 50.73 52.26
28.11 23.86 18.47 21.66 22.24 29.56 26.35 28.13 26.60 37.92 45.49 45.97
Operating Profit 3.20 3.33 2.48 3.27 3.19 3.81 3.95 3.18 3.26 3.78 5.24 6.29
OPM % 10.22% 12.25% 11.84% 13.12% 12.54% 11.42% 13.04% 10.16% 10.92% 9.06% 10.33% 12.04%
0.69 0.78 0.14 0.61 0.67 0.89 1.06 1.34 1.30 1.03 2.00 0.91
Interest 0.01 0.00 0.03 0.00 0.01 0.01 0.01 0.01 0.01 0.00 0.01 0.03
Depreciation 0.74 0.75 0.52 0.56 0.55 0.61 0.60 0.59 0.66 0.59 0.75 0.63
Profit before tax 3.14 3.36 2.07 3.32 3.30 4.08 4.40 3.92 3.89 4.22 6.48 6.54
Tax % 23.57% 23.21% 23.67% 22.89% 19.70% 24.51% 21.14% 23.21% 26.99% 22.27% 25.93% 22.32%
2.39 2.58 1.58 2.56 2.65 3.08 3.47 3.01 2.83 3.28 4.79 5.07
EPS in Rs 18.38 19.85 12.15 19.69 20.38 23.69 26.69 23.15 21.77 25.23 36.85 39.00
Dividend Payout % 43.51% 12.60% 8.23% 15.23% 49.06% 42.21% 37.46% 43.19% 45.94% 39.63% 0.00% 0.00%
Compounded Sales Growth
10 Years: 7%
5 Years: 12%
3 Years: 21%
TTM: 3%
Compounded Profit Growth
10 Years: 7%
5 Years: 8%
3 Years: 24%
TTM: 10%
Stock Price CAGR
10 Years: %
5 Years: 18%
3 Years: 33%
1 Year: 48%
Return on Equity
10 Years: 13%
5 Years: 12%
3 Years: 13%
Last Year: 14%

Balance Sheet

Figures in Rs. Crores

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 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30
Reserves 12.11 14.32 15.72 17.81 18.84 22.03 23.99 25.33 27.41 29.77 33.51 37.69
0.00 2.24 0.00 0.17 0.00 0.00 0.00 0.00 0.00 0.00 0.12 0.08
5.41 3.40 3.75 3.85 3.85 5.37 5.76 6.02 4.56 5.44 7.21 6.35
Total Liabilities 18.82 21.26 20.77 23.13 23.99 28.70 31.05 32.65 33.27 36.51 42.14 45.42
3.04 7.41 7.24 7.11 7.57 7.64 7.22 6.72 6.38 6.34 6.18 9.39
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 0.02
Investments 1.68 2.23 2.23 4.13 5.28 5.48 9.26 9.43 11.40 8.25 7.53 7.78
14.10 11.62 11.30 11.89 11.14 15.58 14.57 16.50 15.49 21.92 28.18 28.23
Total Assets 18.82 21.26 20.77 23.13 23.99 28.70 31.05 32.65 33.27 36.51 42.14 45.42

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.76 5.50 1.83 1.85 4.23 0.97 4.74 2.48 1.79 0.36 -0.48 3.83
-1.84 -5.49 -0.24 -2.03 -1.81 -0.75 -3.46 0.03 -1.27 3.05 0.34 -3.13
-1.55 0.15 -1.79 0.01 -2.21 -0.01 -1.58 -1.57 -1.31 -1.30 -1.18 -1.36
Net Cash Flow 0.37 0.16 -0.20 -0.17 0.21 0.21 -0.30 0.94 -0.79 2.11 -1.33 -0.67

Ratios

Figures in Rs. Crores

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 69.01 66.72 97.22 90.04 75.35 94.83 91.67 73.91 79.94 71.42 105.69 92.96
Inventory Days 138.93 118.34 142.24 111.81 118.01 88.10 110.30 167.43 169.81 151.00 118.79 175.10
Days Payable 80.93 46.79 111.38 76.46 103.26 104.79 103.55 98.78 47.15 42.00 53.56 49.35
Cash Conversion Cycle 127.01 138.27 128.08 125.39 90.11 78.14 98.42 142.56 202.60 180.42 170.92 218.71
Working Capital Days 91.51 95.58 125.09 119.47 103.20 108.40 95.04 95.71 116.37 110.81 128.79 200.66
ROCE % 21.49% 21.49% 12.04% 18.35% 16.84% 19.23% 18.06% 15.14% 13.19% 12.91% 18.85% 17.76%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96% 74.96%
25.04% 25.04% 25.04% 25.04% 25.04% 25.04% 25.04% 25.05% 25.04% 25.04% 25.04% 25.03%
No. of Shareholders 8087857987821,1241,2651,3961,5131,6211,7721,8221,900

Documents

Announcements

Annual reports