Sharp Chucks and Machines Ltd

Sharp Chucks and Machines Ltd

₹ 131 0.85%
25 Nov 10:54 a.m.
About

Incorporated in 1994, Sharp Chucks and Machines Ltd manufactures casting products, forging products, lathe chucks, power chucks, drill chuck, and other machine tools accessories, etc.[1]

Key Points

Business Overview:[1]
SCM is a specialized manufacturer and exporter of hand tools, machine tools, and fully finished forged and graded casting parts and assemblies for major OEMs in the tractor and automobile industries in India. The company also produces customized components tailored to customer-specific requirements.

  • Market Cap 141 Cr.
  • Current Price 131
  • High / Low 146 / 55.0
  • Stock P/E 17.1
  • Book Value 71.7
  • Dividend Yield 0.00 %
  • ROCE 12.7 %
  • ROE 10.8 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 18.2% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 10.1% 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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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Mar 2024 Sep 2024
97 105 136
85 92 121
Operating Profit 11 13 15
OPM % 12% 12% 11%
0 0 0
Interest 5 5 5
Depreciation 3 3 4
Profit before tax 3 5 6
Tax % 29% 28% 25%
2 4 5
EPS in Rs 2.46 3.43 4.23
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
105 111 134 151 174 198 241
93 98 119 133 153 173 213
Operating Profit 12 13 15 17 21 24 28
OPM % 12% 12% 11% 11% 12% 12% 12%
1 1 0 1 1 0 0
Interest 6 6 6 7 9 10 10
Depreciation 3 4 4 5 6 7 7
Profit before tax 4 4 5 6 7 9 11
Tax % 34% 27% 30% 29% 35% 28%
3 3 3 5 5 6 8
EPS in Rs 2.71 3.05 3.38 4.63 4.83 5.67 7.66
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 13%
3 Years: 14%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: 18%
3 Years: 23%
TTM: 29%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 67%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 10%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 10 10 10 10 10 11 12
Reserves 26 30 33 38 42 50 66
46 53 63 103 87 84 117
29 32 28 34 40 52 33
Total Liabilities 110 125 134 184 179 197 227
45 48 54 63 73 80 80
CWIP 0 0 1 1 4 0 4
Investments 0 0 0 0 0 0 1
65 77 79 120 102 118 144
Total Assets 110 125 134 184 179 197 227

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
9 12 7 6 15 21
-5 -6 -10 -14 -19 -10
-6 -6 4 33 -21 -12
Net Cash Flow -2 0 0 25 -24 0

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 47 70 58 81 61 60
Inventory Days 377 314 252 216 200 207
Days Payable 142 151 87 98 71 88
Cash Conversion Cycle 281 233 223 199 190 180
Working Capital Days 138 150 144 149 142 128
ROCE % 12% 11% 10% 11% 13%

Shareholding Pattern

Numbers in percentages

Oct 2023Mar 2024Sep 2024
73.01% 73.01% 73.01%
0.48% 0.02% 0.02%
26.51% 26.98% 26.97%
No. of Shareholders 1,227796678

* 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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