Pulz Electronics Ltd
Incorporated in 2005, Pulz Electronics Ltd is in the business of developing and manufacturing high quality Audio systems
- Market Cap ₹ 120 Cr.
- Current Price ₹ 110
- High / Low ₹ 205 / 56.0
- Stock P/E 19.4
- Book Value ₹ 23.0
- Dividend Yield 0.00 %
- ROCE 42.9 %
- ROE 32.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 20.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%
- Debtor days have improved from 56.6 to 41.4 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.60%
* 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: Electronics Industry: Electronics - Consumer
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4.94 | 5.23 | 11.77 | 12.98 | 13.76 | 18.04 | 24.00 | 28.41 | 5.73 | 12.72 | 29.21 | 31.47 | |
4.09 | 4.67 | 11.30 | 12.31 | 11.55 | 15.72 | 20.60 | 25.80 | 6.37 | 11.36 | 22.17 | 23.63 | |
Operating Profit | 0.85 | 0.56 | 0.47 | 0.67 | 2.21 | 2.32 | 3.40 | 2.61 | -0.64 | 1.36 | 7.04 | 7.84 |
OPM % | 17.21% | 10.71% | 3.99% | 5.16% | 16.06% | 12.86% | 14.17% | 9.19% | -11.17% | 10.69% | 24.10% | 24.91% |
0.00 | 0.00 | 0.13 | 0.10 | 0.30 | 0.50 | 0.80 | 0.70 | 0.87 | 0.41 | 0.67 | 0.81 | |
Interest | 0.00 | 0.00 | 0.24 | 0.21 | 0.19 | 0.25 | 0.21 | 0.06 | 0.03 | 0.04 | 0.05 | 0.04 |
Depreciation | 0.06 | 0.09 | 0.19 | 0.20 | 0.19 | 0.22 | 0.41 | 0.57 | 0.55 | 0.51 | 0.61 | 0.46 |
Profit before tax | 0.79 | 0.47 | 0.17 | 0.36 | 2.13 | 2.35 | 3.58 | 2.68 | -0.35 | 1.22 | 7.05 | 8.15 |
Tax % | 34.18% | 29.79% | 94.12% | 13.89% | 37.56% | 30.64% | 31.01% | 23.51% | 5.71% | 19.67% | 26.52% | 24.05% |
0.51 | 0.33 | 0.01 | 0.30 | 1.34 | 1.63 | 2.47 | 2.05 | -0.33 | 0.98 | 5.18 | 6.19 | |
EPS in Rs | 2.55 | 1.65 | 0.05 | 1.50 | 1.68 | 1.48 | 2.25 | 1.88 | -0.30 | 0.90 | 4.75 | 5.68 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 5.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 76% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 158% |
TTM: | 20% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 62% |
3 Years: | 137% |
1 Year: | 44% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 25% |
Last Year: | 33% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.50 | 0.50 | 0.50 | 0.50 | 2.00 | 2.73 | 2.73 | 5.45 | 5.45 | 5.45 | 10.90 | 10.90 |
Reserves | 0.81 | 1.14 | 1.69 | 1.99 | 1.83 | 6.26 | 8.73 | 7.73 | 7.40 | 8.38 | 8.04 | 14.23 |
0.25 | 0.18 | 1.56 | 1.74 | 1.55 | 1.97 | 0.05 | 0.06 | 0.00 | 0.00 | 0.16 | 0.08 | |
2.36 | 2.82 | 5.63 | 4.73 | 6.16 | 7.06 | 9.14 | 7.88 | 5.57 | 6.21 | 8.02 | 5.03 | |
Total Liabilities | 3.92 | 4.64 | 9.38 | 8.96 | 11.54 | 18.02 | 20.65 | 21.12 | 18.42 | 20.04 | 27.12 | 30.24 |
1.14 | 1.08 | 2.83 | 2.95 | 2.84 | 2.96 | 4.02 | 3.72 | 2.56 | 2.70 | 2.62 | 2.28 | |
CWIP | 0.04 | 0.12 | 0.04 | 0.04 | 0.06 | 0.38 | 0.37 | 0.23 | 0.59 | 0.30 | 0.69 | 1.02 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.91 | 0.91 |
2.74 | 3.44 | 6.51 | 5.97 | 8.64 | 14.67 | 16.25 | 17.16 | 15.26 | 17.03 | 22.90 | 26.03 | |
Total Assets | 3.92 | 4.64 | 9.38 | 8.96 | 11.54 | 18.02 | 20.65 | 21.12 | 18.42 | 20.04 | 27.12 | 30.24 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 1.10 | 0.40 | 0.31 | 0.61 | 0.04 | 2.22 | -2.28 | 1.72 | -1.40 | 2.78 | |
0.00 | 0.00 | -0.24 | -0.29 | -0.10 | -0.66 | -1.46 | -0.13 | 0.24 | -0.36 | -0.91 | -0.46 | |
0.00 | 0.00 | -0.88 | -0.06 | -0.19 | 3.35 | -0.20 | -0.38 | 0.00 | -0.04 | 0.00 | -0.08 | |
Net Cash Flow | 0.00 | 0.00 | -0.02 | 0.05 | 0.02 | 3.29 | -1.62 | 1.72 | -2.04 | 1.32 | -2.31 | 2.25 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61.33 | 20.94 | 21.40 | 28.40 | 82.50 | 21.65 | 19.16 | 28.78 | 164.35 | 83.79 | 44.61 | |
Inventory Days | 169.00 | 356.00 | 260.14 | 198.14 | 318.57 | 323.90 | 365.00 | 217.94 | 1,219.53 | 473.90 | 376.60 | |
Days Payable | 39.90 | 34.70 | 46.41 | 42.24 | 96.43 | 72.37 | 126.16 | 97.53 | 502.41 | 252.51 | 120.19 | |
Cash Conversion Cycle | 190.43 | 342.24 | 235.13 | 184.31 | 304.64 | 273.17 | 258.00 | 149.19 | 881.46 | 305.18 | 301.02 | |
Working Capital Days | 134.47 | 143.77 | 85.59 | 87.73 | 114.86 | 116.14 | 72.54 | 71.05 | 547.82 | 245.92 | 185.31 | |
ROCE % | 27.81% | 14.04% | 48.28% | 31.82% | 33.73% | 22.14% | -3.07% | 9.45% | 43.12% |
Documents
Announcements
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Updates
27 June 2024 - Pulz Electronics Limited has informed regarding 'Shifting of Registered office form state of West Bengal to state of Maharashtra'.
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Financial Result Updates
30 May 2024 - Pulz Electronics Limited has submitted to the Exchange, the financial results for the period ended March 31, 2024.
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Outcome of Board Meeting
30 May 2024 - Pulz Electronics Limited has informed regarding Board meeting held on May 30, 2024.
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Board Meeting Intimation
27 May 2024 - PULZ ELECTRONICS LIMITED has informed about Board Meeting to be held on 30-May-2024 to consider and approve the Yearly Audited Financial results of the Company …
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Board Meeting Intimation
27 May 2024 - PULZ ELECTRONICS LIMITED has informed about Board Meeting to be held on 30-May-2024 to consider and approve the Yearly Audited Financial results of the Company …
Business Overview:[1]
Company develops and manufactures audio systems and solutions using new coaxial technology and line array based speaker systems for cinema, pro audio, studio and home audio industries. Its key components are manufactured in Germany, Italy and Spain