Precision Metaliks Ltd

Precision Metaliks Ltd

₹ 48.8 -0.10%
21 Nov - close price
About

Incorporated in 2012, Precision Metaliks Ltd does trading and manufacturing of Aluminum Alloy Wheels in a variety of sizes and finishing of Alloy Wheels[1]

Key Points

Business Overview:[1]
Company does processing of semi-finished alloy wheels by rendering value added services and other engineering services

  • Market Cap 79.3 Cr.
  • Current Price 48.8
  • High / Low 70.9 / 33.6
  • Stock P/E 13.4
  • Book Value 54.1
  • Dividend Yield 0.00 %
  • ROCE 11.8 %
  • ROE 10.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.90 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 12.4% over last 3 years.
  • Company has high debtors of 151 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.

Peer comparison

Sector: Auto Ancillaries Industry: Auto Ancillaries

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Half Yearly Results

Figures in Rs. Crores

Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
42 48 77 75 114 64 132 78
41 45 76 72 109 61 127 76
Operating Profit 1 3 2 3 4 3 5 2
OPM % 2% 6% 2% 4% 4% 4% 4% 3%
0 0 0 0 0 0 0 1
Interest 0 0 0 0 0 0 1 2
Depreciation 0 0 0 0 0 0 0 0
Profit before tax 1 3 2 3 4 3 5 2
Tax % 3% 17% 22% 27% -14% 26% -5% 28%
1 2 1 2 5 2 5 1
EPS in Rs 5.39 1.80 0.81 1.40 2.96 1.24 2.93 0.71
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0 22 49 126 189 196 209
0 21 48 121 181 188 202
Operating Profit 0 1 2 4 8 8 7
OPM % 0% 4% 3% 3% 4% 4% 3%
0 0 0 0 0 1 2
Interest 0 0 0 0 0 1 2
Depreciation 0 0 0 0 0 0 0
Profit before tax 0 1 2 4 7 7 6
Tax % 0% 1% 1% 19% 4% 6%
0 1 1 3 7 7 6
EPS in Rs 0.00 7.99 11.81 2.13 4.37 4.17 3.64
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 447%
3 Years: 58%
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 66%
TTM: -13%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 32%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 12%
Last Year: 10%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.05 1 1 16 16 23 23
Reserves 0 10 14 24 32 64 65
0 0 0 0 4 0 0
3 3 6 5 57 67 77
Total Liabilities 3 14 21 46 109 154 164
0 1 1 1 1 1 1
CWIP 0 0 0 0 0 0 0
Investments 2 2 2 2 2 2 2
1 11 18 43 106 151 161
Total Assets 3 14 21 46 109 154 164

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 -8 -3 -11 -5 -24
-0 -1 -0 0 0 0
0 9 3 21 4 27
Net Cash Flow 0 0 1 10 -1 3

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 456 140 0 63 180 151
Inventory Days 14 163 23 1 1
Days Payable 40 25 2 115 127
Cash Conversion Cycle 456 114 137 84 66 24
Working Capital Days -17,246 122 87 79 77 133
ROCE % 15% 12% 15% 17% 12%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2022Sep 2022Mar 2023Sep 2023Dec 2023Mar 2024Sep 2024
58.62% 58.62% 58.62% 58.62% 58.62% 58.62% 41.51%
41.38% 41.38% 41.37% 41.38% 41.38% 41.38% 58.49%
No. of Shareholders 1,6471,5831,5531,4611,4811,4231,545

Documents