Sharp Chucks and Machines Ltd
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]
- Market Cap ₹ 112 Cr.
- Current Price ₹ 97.0
- High / Low ₹ 148 / 66.0
- Stock P/E 13.6
- Book Value ₹ 67.0
- 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
- Promoter holding has decreased over last quarter: -3.25%
- 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.
Peer comparison
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Half Yearly Results
Figures in Rs. Crores
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 | 7.38 |
| 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: | 48% |
| 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% |
Documents
Announcements
-
Alteration Of Capital and Fund Raising-XBRL
20 March 2025 - Chucks and Machines Limited has informed regarding Allotment of Securities
-
Disclosure of material issue
19 March 2025 - Chucks and Machines Limited has informed regarding Outcome of Board Meeting held for Allotment of 575000 Equity Shares pursuant to option exercise for partly conversion …
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Outcome of Board Meeting
19 March 2025 - Chucks and Machines Limited has informed regarding Outcome of Board Meeting held on March 19, 2025.
-
Corrigendum
26 February 2025 - Announcement as per Regulation 30 of the SEBI (LODR) Regulations, 2015 w.r.t Corrigendum issued on 28th September, 2024 to the Notice of 30th Annual General …
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
21 January 2025 - Chucks and Machines Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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.