CFF Fluid Control Ltd
Incorporated in 2012, CFF Fluid Control Limited is primarily engaged in the business of manufacturing and servicing shipboard machinery.[1]
- Market Cap ₹ 1,344 Cr.
- Current Price ₹ 690
- High / Low ₹ 949 / 355
- Stock P/E 63.9
- Book Value ₹ 71.4
- Dividend Yield 0.15 %
- ROCE 24.0 %
- ROE 22.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.9%
- Debtor days have improved from 58.1 to 30.1 days.
Cons
- Stock is trading at 9.30 times its book value
* 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: Aerospace & Defence Industry: Engineering
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 32 | 15 | 47 | 71 | 107 | 127 | |
| 27 | 12 | 34 | 52 | 76 | 91 | |
| Operating Profit | 5 | 3 | 13 | 18 | 31 | 36 |
| OPM % | 16% | 19% | 27% | 26% | 29% | 28% |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 2 | 2 | 1 | 3 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 4 | 5 |
| Profit before tax | 2 | 0 | 10 | 14 | 24 | 29 |
| Tax % | 25% | 4% | 25% | 30% | 29% | |
| 1 | 0 | 8 | 10 | 17 | 21 | |
| EPS in Rs | 18.92 | 3.50 | 108.31 | 7.10 | 8.78 | 10.80 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 6% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 95% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 309% |
| TTM: | 52% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 56% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 33% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.71 | 0.71 | 0.71 | 14 | 19 | 19 |
| Reserves | 6 | 6 | 14 | 11 | 106 | 120 |
| 14 | 23 | 17 | 46 | 23 | 20 | |
| 23 | 13 | 25 | 18 | 12 | 26 | |
| Total Liabilities | 45 | 42 | 56 | 89 | 161 | 185 |
| 10 | 9 | 8 | 26 | 30 | 38 | |
| CWIP | 0 | 0 | 0 | 0 | 8 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 34 | 33 | 48 | 62 | 122 | 147 | |
| Total Assets | 45 | 42 | 56 | 89 | 161 | 185 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 20 | -7 | 15 | -9 | -27 | |
| 0 | 0 | -6 | -19 | -17 | |
| -19 | 7 | -7 | 26 | 59 | |
| Net Cash Flow | 1 | -1 | 2 | -2 | 16 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 41 | 166 | 102 | 42 | 30 |
| Inventory Days | 282 | 746 | 244 | 307 | 351 |
| Days Payable | 134 | 225 | 230 | 77 | 17 |
| Cash Conversion Cycle | 189 | 687 | 116 | 272 | 364 |
| Working Capital Days | 96 | 468 | 148 | 220 | 317 |
| ROCE % | 8% | 38% | 34% | 24% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17h - Certificate under Regulation 74(5) for Q4 2024.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On January 11, 2025
11 Jan - Board approved Draft Prospectus for Further Public Offer.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
26 Dec - CFF Fluid Control received order worth Rs. 3.91 Crores.
-
Announcement under Regulation 30 (LODR)-Credit Rating
23 Dec - CRISIL assigns 'CRISIL BBB/Positive/CRISIL A3+' ratings to CFFFCL.
-
Capital Expenditure For Production Of Towed Array Sonar
11 Dec 2024 - Lease agreement for new production facility in Pune.
Service Offerings
The company manufactures and services critical component systems and test facilities for submarines and surface ships for the Indian Navy. It also designs and develops mechanical equipment and systems for industries such as nuclear and clean energy. [1]