Pradeep Metals Ltd
Incorporated in 1982, Pradeep Metals
Ltd manufactures and sells forged and
machined components[1]
- Market Cap ₹ 444 Cr.
- Current Price ₹ 257
- High / Low ₹ 284 / 137
- Stock P/E 27.4
- Book Value ₹ 64.8
- Dividend Yield 0.78 %
- ROCE 20.0 %
- ROE 20.0 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 21.6%
Cons
- The company has delivered a poor sales growth of 11.6% over past five 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
111 | 125 | 114 | 131 | 119 | 121 | 142 | 175 | 176 | 141 | 207 | 246 | 236 | |
98 | 113 | 101 | 114 | 105 | 106 | 122 | 148 | 146 | 121 | 181 | 212 | 206 | |
Operating Profit | 13 | 12 | 13 | 17 | 14 | 16 | 20 | 27 | 30 | 20 | 26 | 34 | 30 |
OPM % | 12% | 10% | 11% | 13% | 12% | 13% | 14% | 15% | 17% | 14% | 12% | 14% | 13% |
1 | 2 | 2 | 2 | 2 | 2 | 3 | 1 | -2 | -2 | 4 | 2 | 5 | |
Interest | 4 | 4 | 3 | 4 | 7 | 6 | 6 | 7 | 6 | 4 | 4 | 5 | 6 |
Depreciation | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 4 | 5 | 5 | 6 | 6 | 7 |
Profit before tax | 7 | 8 | 9 | 12 | 5 | 8 | 12 | 17 | 17 | 10 | 19 | 25 | 21 |
Tax % | 21% | 43% | 33% | 35% | 27% | 34% | 30% | 29% | 24% | 36% | 26% | 26% | |
6 | 4 | 6 | 8 | 4 | 5 | 8 | 12 | 13 | 6 | 14 | 19 | 16 | |
EPS in Rs | 3.55 | 2.55 | 3.50 | 4.53 | 2.18 | 2.98 | 4.74 | 6.91 | 7.46 | 3.58 | 8.25 | 10.80 | 9.22 |
Dividend Payout % | 28% | 39% | 34% | 26% | 28% | 0% | 0% | 14% | 13% | 28% | 18% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 12% |
3 Years: | 12% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 19% |
3 Years: | 8% |
TTM: | -19% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 33% |
3 Years: | 84% |
1 Year: | 53% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 18% |
3 Years: | 17% |
Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
Reserves | 10 | 13 | 17 | 20 | 22 | 27 | 35 | 47 | 56 | 63 | 75 | 89 | 95 |
49 | 45 | 46 | 72 | 72 | 81 | 74 | 79 | 62 | 54 | 64 | 61 | 59 | |
26 | 20 | 18 | 19 | 18 | 23 | 29 | 33 | 24 | 30 | 34 | 38 | 42 | |
Total Liabilities | 101 | 95 | 98 | 128 | 130 | 148 | 155 | 176 | 159 | 164 | 190 | 205 | 212 |
20 | 19 | 20 | 29 | 37 | 44 | 48 | 48 | 56 | 52 | 52 | 55 | 70 | |
CWIP | 0 | 0 | 2 | 7 | 3 | 7 | 3 | 11 | 2 | 1 | 2 | 4 | 4 |
Investments | 0 | 0 | 0 | 3 | 5 | 9 | 9 | 9 | 6 | 8 | 7 | 5 | 5 |
81 | 76 | 76 | 90 | 85 | 88 | 95 | 109 | 95 | 102 | 130 | 141 | 133 | |
Total Assets | 101 | 95 | 98 | 128 | 130 | 148 | 155 | 176 | 159 | 164 | 190 | 205 | 212 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-6 | 6 | 8 | 0 | 22 | 15 | 20 | 12 | 36 | 34 | 5 | 26 | |
-4 | -1 | -4 | -20 | -10 | -16 | -7 | -10 | -6 | -23 | -8 | -13 | |
10 | -4 | -4 | 20 | -12 | 3 | -13 | -2 | -30 | -11 | 4 | -13 | |
Net Cash Flow | 0 | 0 | 0 | -0 | 0 | 2 | -1 | -1 | -0 | -0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 98 | 89 | 102 | 107 | 106 | 134 | 124 | 123 | 112 | 120 | 106 | 91 |
Inventory Days | 229 | 175 | 208 | 204 | 196 | 170 | 158 | 144 | 138 | 160 | 125 | 124 |
Days Payable | 115 | 66 | 61 | 44 | 36 | 59 | 80 | 74 | 48 | 112 | 78 | 75 |
Cash Conversion Cycle | 213 | 198 | 248 | 268 | 265 | 246 | 202 | 193 | 202 | 168 | 153 | 140 |
Working Capital Days | 165 | 144 | 173 | 186 | 189 | 171 | 145 | 138 | 126 | 138 | 128 | 109 |
ROCE % | 18% | 16% | 16% | 16% | 11% | 11% | 14% | 18% | 20% | 13% | 18% | 20% |
Documents
Announcements
- Corporate Action-Board to consider Dividend 9 May
- Board Meeting Intimation for Board Meeting To Consider And Approve Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended 31St March, 2024 And Consider Payment Of Final Dividend 9 May
- Compliance Certificate For The Year Ended March 31, 2024 - Regulation 40 (9) Of The SEBI (LODR) Regulations, 2015 29 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr
- Compliance Certificate For The Year Ended March 31, 2024 - Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 23 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Business Overview:[1]
PML is an ISO 9001:2015, ISO 14001:2015, ISO 45001-2018, Marine & Norsok certified manufacturer of closed-die stainless, alloy, and carbon steel forgings as finished and semi-finished machined components for multiple sectors