Pattech Fitwell Tube Components Ltd

Pattech Fitwell Tube Components Ltd

₹ 105 3.09%
27 Jan - close price
About

Incorporated in 2012, Pattech
Fitwell Tube Components Ltd
is in the business of Corrugated
Plastic Sheets[1]

Key Points

Business Overview:[1]
PFTCL is manufactures pipe fittings, flanges and forgings and machined components, pipe spools and fabrication works for industries like fertilizers, power, chemical & pharmaceutical petrochemical, food processing, oil & gas, desalination, water treatment, ship building, defence, fabrication of process equipment, and instrumentation etc. It converts semi-finished /raw products to finished products by carrying its value-added process such as forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing and packaging.

  • Market Cap 81.4 Cr.
  • Current Price 105
  • High / Low 166 / 45.0
  • Stock P/E 41.4
  • Book Value 26.1
  • Dividend Yield 0.00 %
  • ROCE 12.0 %
  • ROE 11.5 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 4.02 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 89.2 days to 139 days

* 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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Half Yearly Results

Figures in Rs. Crores

Mar 2023 Sep 2023 Mar 2024 Sep 2024
11.80 18.87 18.84 24.32
10.39 17.73 16.78 22.19
Operating Profit 1.41 1.14 2.06 2.13
OPM % 11.95% 6.04% 10.93% 8.76%
0.06 0.04 -0.02 0.00
Interest 0.57 0.46 0.60 0.69
Depreciation 0.25 0.17 0.06 0.11
Profit before tax 0.65 0.55 1.38 1.33
Tax % 26.15% 23.64% 26.81% 27.07%
0.49 0.43 1.01 0.96
EPS in Rs 0.91 0.55 1.30 1.24
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2023 Mar 2024 TTM
11.80 37.71 43.16
10.39 34.51 38.97
Operating Profit 1.41 3.20 4.19
OPM % 11.95% 8.49% 9.71%
0.06 0.02 -0.02
Interest 0.57 1.06 1.29
Depreciation 0.24 0.23 0.17
Profit before tax 0.66 1.93 2.71
Tax % 25.76% 25.39%
0.49 1.44 1.97
EPS in Rs 0.91 1.86 2.54
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 41%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 114%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 68%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2023 Mar 2024 Sep 2024
Equity Capital 5.36 7.76 7.76
Reserves 0.49 11.53 12.49
12.82 11.67 19.22
5.64 4.69 2.93
Total Liabilities 24.31 35.65 42.40
15.31 15.44 15.90
CWIP 0.00 0.00 0.00
Investments 0.00 0.00 0.00
9.00 20.21 26.50
Total Assets 24.31 35.65 42.40

Cash Flows

Figures in Rs. Crores

Mar 2023 Mar 2024
0.07 -10.18
-15.75 -0.51
16.03 10.53
Net Cash Flow 0.35 -0.16

Ratios

Figures in Rs. Crores

Mar 2023 Mar 2024
Debtor Days 145.07 119.73
Inventory Days 111.21 57.20
Days Payable 41.20 41.95
Cash Conversion Cycle 215.08 134.98
Working Capital Days 38.97 139.38
ROCE % 12.05%

Shareholding Pattern

Numbers in percentages

Apr 2023Sep 2023Mar 2024Sep 2024
69.06% 69.06% 69.06% 69.06%
30.94% 30.94% 30.94% 30.94%
No. of Shareholders 421232238212

Documents