Cospower Engineering Ltd
₹ 524
-4.90%
26 Dec
4:01 p.m.
About
Incorporated in 2004, Cospower Engineering Ltd is in the business of manufacturing & supply of re-active power compensation systems, harmonic filters & other engineering goods[1]
Key Points
- Market Cap ₹ 78.6 Cr.
- Current Price ₹ 524
- High / Low ₹ 740 / 200
- Stock P/E 87.3
- Book Value ₹ 49.8
- Dividend Yield 0.00 %
- ROCE 8.12 %
- ROE 1.54 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 10.5 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.15% over last 3 years.
- Earnings include an other income of Rs.1.29 Cr.
* 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
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Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10.02 | 9.60 | 7.79 | 4.59 | 9.00 | 8.56 | 12.99 | 11.02 | 12.10 | 12.10 | 14.07 | 22.29 | 22.29 | |
| 9.57 | 9.11 | 7.08 | 4.12 | 8.54 | 7.88 | 11.93 | 9.63 | 10.48 | 10.25 | 13.04 | 19.04 | 17.87 | |
| Operating Profit | 0.45 | 0.49 | 0.71 | 0.47 | 0.46 | 0.68 | 1.06 | 1.39 | 1.62 | 1.85 | 1.03 | 3.25 | 4.42 |
| OPM % | 4.49% | 5.10% | 9.11% | 10.24% | 5.11% | 7.94% | 8.16% | 12.61% | 13.39% | 15.29% | 7.32% | 14.58% | 19.83% |
| 0.00 | 0.00 | 0.01 | 0.20 | 0.45 | 0.03 | 0.02 | 0.06 | 0.02 | 0.14 | 0.25 | 0.61 | 1.29 | |
| Interest | 0.15 | 0.32 | 0.51 | 0.48 | 0.39 | 0.36 | 0.32 | 0.31 | 0.50 | 0.65 | 0.63 | 1.90 | 1.84 |
| Depreciation | 0.05 | 0.06 | 0.15 | 0.08 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.19 | 0.28 | 1.77 | 1.84 |
| Profit before tax | 0.25 | 0.11 | 0.06 | 0.11 | 0.47 | 0.31 | 0.72 | 1.10 | 1.09 | 1.15 | 0.37 | 0.19 | 2.03 |
| Tax % | 28.00% | 36.36% | 33.33% | 45.45% | 42.55% | 35.48% | 26.39% | 27.27% | 33.03% | 34.78% | 43.24% | 42.11% | |
| 0.17 | 0.08 | 0.05 | 0.07 | 0.28 | 0.19 | 0.53 | 0.81 | 0.73 | 0.75 | 0.21 | 0.11 | 1.55 | |
| EPS in Rs | 170.00 | 80.00 | 3.33 | 4.67 | 18.67 | 12.67 | 35.33 | 5.40 | 4.87 | 5.00 | 1.40 | 0.73 | 10.33 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 22.22% | 20.55% | 20.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 23% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -27% |
| 3 Years: | -47% |
| TTM: | 331% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 97% |
| 1 Year: | 75% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 5% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 |
| Reserves | 0.21 | 0.29 | 0.38 | 0.45 | 0.72 | 0.92 | 1.55 | 4.25 | 4.80 | 5.40 | 5.61 | 5.72 | 5.97 |
| 2.14 | 2.53 | 3.90 | 4.13 | 4.28 | 4.43 | 2.51 | 2.51 | 5.85 | 10.34 | 17.55 | 19.58 | 19.83 | |
| 3.72 | 5.53 | 2.97 | 1.07 | 3.65 | 4.08 | 4.96 | 4.20 | 5.14 | 5.43 | 6.72 | 8.04 | 8.34 | |
| Total Liabilities | 6.08 | 8.36 | 7.40 | 5.80 | 8.80 | 9.58 | 9.17 | 12.46 | 17.29 | 22.67 | 31.38 | 34.84 | 35.64 |
| 0.38 | 1.06 | 0.97 | 0.27 | 0.23 | 0.22 | 0.21 | 0.20 | 1.84 | 2.67 | 3.24 | 11.71 | 12.32 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.89 | 3.60 | 9.10 | 1.42 | 0.00 |
| Investments | 0.01 | 0.03 | 0.07 | 0.01 | 0.01 | 0.01 | 0.26 | 0.20 | 0.52 | 0.00 | 0.00 | 0.00 | 0.00 |
| 5.69 | 7.27 | 6.36 | 5.52 | 8.56 | 9.35 | 8.70 | 12.06 | 14.04 | 16.40 | 19.04 | 21.71 | 23.32 | |
| Total Assets | 6.08 | 8.36 | 7.40 | 5.80 | 8.80 | 9.58 | 9.17 | 12.46 | 17.29 | 22.67 | 31.38 | 34.84 | 35.64 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 1.08 | -0.01 | 2.43 | -1.21 | 1.40 | -0.01 | 0.21 | 5.56 | |||
| 0.00 | 0.00 | -0.08 | 0.02 | -0.14 | -0.34 | -2.74 | -3.69 | -6.32 | -2.54 | |||
| 0.00 | 0.00 | -0.53 | -0.33 | -2.19 | 1.73 | 1.29 | 3.25 | 5.74 | -3.02 | |||
| Net Cash Flow | 0.00 | 0.00 | 0.47 | -0.31 | 0.10 | 0.18 | -0.05 | -0.46 | -0.36 | 0.01 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2012 | Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 96.17 | 154.36 | 90.43 | 27.04 | 129.78 | 188.04 | 148.08 | 182.17 | 118.55 | 93.81 | 71.86 | 77.45 |
| Inventory Days | 88.44 | 93.96 | 195.17 | 479.06 | 127.44 | 143.14 | 71.80 | 233.78 | 294.40 | 463.20 | 405.42 | 310.91 |
| Days Payable | 145.46 | 250.88 | 167.78 | 104.08 | 127.44 | 177.73 | 171.27 | 170.37 | 127.17 | 177.67 | 183.33 | 127.09 |
| Cash Conversion Cycle | 39.15 | -2.56 | 117.82 | 402.02 | 129.78 | 153.45 | 48.61 | 245.58 | 285.78 | 379.34 | 293.94 | 261.27 |
| Working Capital Days | 51.00 | 42.96 | 116.20 | 291.84 | 182.91 | 276.73 | 79.80 | 219.93 | 180.09 | 240.42 | 248.52 | 182.75 |
| ROCE % | 25.64% | 16.57% | 12.88% | 17.41% | 12.58% | 21.42% | 22.61% | 15.48% | 12.25% | 4.77% | 8.12% |
Documents
Announcements
-
Non-Applicability Of Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015
14 Nov - Non-applicability of disclosure for related party transactions.
- Standalone Un-Audited Financial Results Of The Company For The Half Year Ended On 30Th September, 2024 Along With Limited Review Report 14 Nov
-
Board Meeting Outcome for Outcome Of The Meeting Of Board Held On 14Th November, 2024 At 3:00 P.M.
14 Nov - Approval of standalone un-audited financial results.
-
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Thursday, November 14, 2024
28 Oct - Board meeting scheduled for November 14, 2024.
-
Non-Applicability Of Statement For Deviation(S) Or Variation(S) Under Regulation 32 Of The SEBI (LODR) Regulations, 2015
23 Oct - Confirmation of no deviation in IPO proceeds usage.
Business Overview:[1]
Company is currently engaged in the business of manufacturing of electrical panels, harmonic filters and substation and equipment mounting structure. Company also provides turnkey services which involves supply, installation, commissioning, testing and comprehensive maintenance of electric products. There are few products which company does not manufacture but has to provide turnkey services by buying from other manufacturers. Company has extended its product range to other power related products that are needed to complete the electrical system.