Pritika Engineering Components Ltd
Incorporated in 2018, Pritika Engineering Components Ltd manufactures tractor
and automobile components[1]
- 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.
Peer comparison
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
13 November 2024 - Pritika Engineering Components Limited has informed about Transcript for Earnings Conference Call held on 11th November, 2024
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Analysts/Institutional Investor Meet/Con. Call Updates
12 November 2024 - Pritika Engineering Components Limited has informed about Link of Audio Recording of Earnings Conference Call held on 11th November 2024 for Q2 FY 25
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Press Release
8 November 2024 - Pritika Engineering Components Limited has informed regarding a press release dated November 08, 2024, titled "Press Release Unaudited Financial Results of the Company for the …
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Financial Result Updates
7 November 2024 - Pritika Engineering Components Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Outcome of Board Meeting
7 November 2024 - Pritika Engineering Components Limited has informed regarding Outcome of Board meeting held on November 07, 2024.
Annual reports
Concalls
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Nov 2024TranscriptPPT
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Oct 2024TranscriptNotesPPT
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Aug 2024TranscriptPPT
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Mar 2023TranscriptNotesPPT
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Mar 2023TranscriptNotesPPT
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