Quadrant Future Tek Ltd

Quadrant Future Tek Ltd

₹ 538 20.00%
15 Jan 4:01 p.m.
About

Incorporated in 2015, Quadrant Future-
Tek Ltd manufactures specialty cables
and develops train control & signalling
systems[1]

Key Points

Business Overview:[1][2]
QFT is a technology & research-oriented company certified under ISO 14001:2015, ISO 9001:2015, IRIS, and TS Quality Management Systems. It develops next-generation Train Control and Signalling Systems under the KAVACH project for Indian Railways and operates a specialty cable manufacturing facility with an Electron Beam Irradiation Centre. The cables are used in railway rolling stock and the naval (defense) industry. QFT also has full infrastructure for producing solar and EV cables, along with a facility for manufacturing and testing specialty cables and hardware for the Train Control and Signalling Division.

  • Market Cap 1,392 Cr.
  • Current Price 538
  • High / Low 538 / 362
  • Stock P/E 94.8
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 23.0 %
  • ROE 40.0 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 41.3%

Cons

  • Company might be capitalizing the interest cost

* 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: Cables Industry: Cables - Telephone

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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Sep 2024
62 65
37 64
Operating Profit 25 1
OPM % 40% 1%
0 0
Interest 2 4
Depreciation 2 10
Profit before tax 21 -12
Tax % 30% -3%
15 -12
EPS in Rs 14.89 -4.03
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
73 104 153 151
62 95 126 115
Operating Profit 11 9 26 37
OPM % 15% 9% 17% 24%
0 0 0 0
Interest 2 3 3 4
Depreciation 3 3 4 10
Profit before tax 6 3 20 22
Tax % 18% 34% 30% 33%
5 2 14 15
EPS in Rs 4.81 1.94 13.90 14.71
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 28%
TTM: -1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 45%
TTM: 6%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 41%
Last Year: 40%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 10 10 10 10 30
Reserves 4 6 19 34 4
41 81 74 82 98
4 16 15 17 17
Total Liabilities 59 113 119 143 150
18 20 21 28 75
CWIP 6 33 48 53 0
Investments 0 0 0 0 0
34 60 49 62 75
Total Assets 59 113 119 143 150

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
6 -5 30 18
-8 -32 -20 -21
3 36 -10 3
Net Cash Flow -0 0 0 0

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 85 94 56 77
Inventory Days 118 113 63 86
Days Payable 9 64 22 28
Cash Conversion Cycle 193 143 97 135
Working Capital Days 149 150 77 102
ROCE % 8% 23% 23%

Shareholding Pattern

Numbers in percentages

20 Recently
Jan 2025
70.00%
2.64%
16.11%
11.25%
No. of Shareholders 22,337

* 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.

Documents