Pritika Engineering Components Ltd

Pritika Engineering Components Ltd

₹ 197 3.36%
22 Nov - close price
About

Incorporated in 2018, Pritika Engineering Components Ltd manufactures tractor
and automobile components[1]

Key Points

Business Overview:[1][2]
PECL is a subsidiary of Pritika Auto Industries Limited and a key unit of the Pritika Group of Industries, which is the largest tractor machined components manufacturer in North India. Company manufactures precision machined components for tractor and automotive sectors with major dependency on Original Equipment Manufacturers

  • Market Cap 259 Cr.
  • Current Price 197
  • High / Low 197 / 46.5
  • Stock P/E 58.8
  • Book Value 32.6
  • Dividend Yield 0.00 %
  • ROCE 12.2 %
  • ROE 10.9 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 67.0 to 46.6 days.

Cons

  • Stock is trading at 6.03 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 13.2% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
20.87 22.45 18.13 20.88 21.49 22.75 22.28 20.66 22.16 29.96
18.43 19.30 16.09 18.24 18.77 19.74 19.04 18.21 18.93 25.49
Operating Profit 2.44 3.15 2.04 2.64 2.72 3.01 3.24 2.45 3.23 4.47
OPM % 11.69% 14.03% 11.25% 12.64% 12.66% 13.23% 14.54% 11.86% 14.58% 14.92%
0.01 0.07 0.13 0.16 0.07 0.09 0.12 0.22 0.14 0.16
Interest 0.80 1.01 0.95 0.88 0.78 1.00 1.04 1.09 1.10 1.20
Depreciation 0.68 0.69 0.71 0.71 0.71 0.76 0.80 0.90 0.95 1.24
Profit before tax 0.97 1.52 0.51 1.21 1.30 1.34 1.52 0.68 1.32 2.19
Tax % 11.34% 34.87% -47.06% 23.14% 24.62% 25.37% 24.34% 13.24% 23.48% 24.66%
0.86 1.00 0.76 0.94 0.98 1.00 1.15 0.59 1.02 1.65
EPS in Rs 1.13 1.31 0.70 0.86 0.90 0.76 0.87 0.45 0.77 1.25
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
16.47 21.68 32.07 53.61 82.33 87.18 95.06
14.69 19.10 28.91 47.28 72.02 75.75 81.67
Operating Profit 1.78 2.58 3.16 6.33 10.31 11.43 13.39
OPM % 10.81% 11.90% 9.85% 11.81% 12.52% 13.11% 14.09%
0.02 0.05 0.37 3.79 0.38 0.49 0.64
Interest 1.19 1.70 1.91 2.19 3.64 3.91 4.43
Depreciation 0.51 0.78 1.04 2.06 2.79 3.17 3.89
Profit before tax 0.10 0.15 0.58 5.87 4.26 4.84 5.71
Tax % 20.00% 6.67% 34.48% 6.47% 16.90% 23.35%
0.08 0.14 0.38 5.49 3.54 3.72 4.41
EPS in Rs 0.16 0.28 0.50 7.19 3.25 2.82 3.34
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 40%
3 Years: 40%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: 116%
3 Years: 165%
TTM: 20%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 170%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 13%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5.00 5.00 7.63 7.63 10.88 13.18 13.18
Reserves -0.03 0.39 4.99 8.89 16.76 27.18 29.85
18.60 20.23 21.97 25.08 28.88 46.38 51.59
13.18 15.70 21.33 29.45 35.29 21.89 23.87
Total Liabilities 36.75 41.32 55.92 71.05 91.81 108.63 118.49
16.79 16.50 32.93 40.99 45.11 58.38 63.62
CWIP 6.50 9.99 2.22 1.43 0.78 0.00 0.61
Investments 0.00 1.69 2.65 0.00 8.32 8.32 8.32
13.46 13.14 18.12 28.63 37.60 41.93 45.94
Total Assets 36.75 41.32 55.92 71.05 91.81 108.63 118.49

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
11.18 0.90 2.54 0.18 2.89 2.95
-24.21 -5.42 -10.79 -4.15 -14.39 -15.21
11.73 4.49 8.30 4.12 11.52 12.16
Net Cash Flow -1.30 -0.02 0.05 0.15 0.02 -0.11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 113.02 85.19 55.54 95.25 59.14 46.56
Inventory Days 187.21 162.22 193.51 110.88 108.21 123.17
Days Payable 114.13 59.23 73.84 77.00 52.88 37.68
Cash Conversion Cycle 186.10 188.18 175.21 129.13 114.47 132.05
Working Capital Days 93.08 118.86 93.44 105.87 79.40 101.91
ROCE % 7.52% 7.34% 11.55% 16.10% 12.22%

Shareholding Pattern

Numbers in percentages

17 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
70.15% 70.15% 70.15% 74.60% 74.60% 74.60% 74.60% 70.81%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.43%
29.85% 29.85% 29.85% 25.40% 25.40% 25.40% 25.40% 27.76%
No. of Shareholders 676441451453621713664591

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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