Stovec Industries Ltd
- Market Cap ₹ 465 Cr.
- Current Price ₹ 2,224
- High / Low ₹ 2,900 / 2,100
- Stock P/E 21.1
- Book Value ₹ 819
- Dividend Yield 2.56 %
- ROCE 25.3 %
- ROE 19.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 39.7%
Cons
- The company has delivered a poor sales growth of 4.36% over past five years.
- Earnings include an other income of Rs.14.3 Cr.
* 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: Textiles Industry: Textile Machinery
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
59 | 60 | 73 | 77 | 95 | 157 | 189 | 210 | 193 | 194 | 151 | 233 | 232 | |
49 | 54 | 64 | 64 | 79 | 124 | 153 | 168 | 153 | 158 | 135 | 196 | 203 | |
Operating Profit | 10 | 6 | 9 | 13 | 16 | 33 | 35 | 42 | 40 | 36 | 16 | 37 | 29 |
OPM % | 17% | 10% | 13% | 17% | 17% | 21% | 19% | 20% | 21% | 19% | 11% | 16% | 13% |
2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 20 | 5 | 6 | 7 | 14 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 1 | 2 | 2 | 3 | 5 | 5 | 6 | 5 | 4 | 5 | 5 | 6 |
Profit before tax | 11 | 7 | 11 | 15 | 17 | 31 | 34 | 39 | 54 | 37 | 17 | 39 | 38 |
Tax % | 33% | 31% | 31% | 30% | 33% | 34% | 34% | 35% | 29% | 25% | 22% | 24% | |
Net Profit | 7 | 5 | 7 | 11 | 11 | 21 | 22 | 26 | 39 | 28 | 13 | 30 | 29 |
EPS in Rs | 34.53 | 22.70 | 35.44 | 50.67 | 53.16 | 98.37 | 107.23 | 123.04 | 185.44 | 133.81 | 64.46 | 141.95 | 138.98 |
Dividend Payout % | 30% | 30% | 30% | 30% | 29% | 30% | 29% | 29% | 30% | 45% | 34% | 40% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 4% |
3 Years: | 7% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 5% |
3 Years: | 0% |
TTM: | -22% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | -6% |
3 Years: | 0% |
1 Year: | -11% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 20% |
3 Years: | 17% |
Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Jun 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
Reserves | 34 | 37 | 41 | 48 | 56 | 69 | 83 | 109 | 119 | 133 | 133 | 159 | 169 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
20 | 19 | 20 | 20 | 30 | 47 | 57 | 37 | 55 | 43 | 45 | 40 | 35 | |
Total Liabilities | 56 | 58 | 63 | 71 | 88 | 118 | 142 | 148 | 177 | 178 | 181 | 201 | 206 |
11 | 12 | 13 | 13 | 25 | 25 | 23 | 37 | 29 | 26 | 30 | 36 | 34 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | 5 | 0 | 0 | 1 |
Investments | 0 | 0 | 2 | 3 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
44 | 45 | 48 | 55 | 63 | 92 | 112 | 109 | 146 | 147 | 150 | 164 | 171 | |
Total Assets | 56 | 58 | 63 | 71 | 88 | 118 | 142 | 148 | 177 | 178 | 181 | 201 | 206 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 2 | 10 | 9 | 5 | 18 | 25 | 20 | 41 | 21 | 22 | 4 | |
-4 | -1 | -7 | 1 | -11 | -13 | -19 | -7 | -36 | 16 | -27 | 2 | |
-3 | -3 | -2 | -3 | -4 | -4 | -8 | -8 | -9 | -14 | -12 | -5 | |
Net Cash Flow | 5 | -1 | 2 | 7 | -10 | 1 | -1 | 5 | -5 | 23 | -18 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 67 | 71 | 62 | 63 | 76 | 70 | 50 | 60 | 52 | 59 | 59 | 49 |
Inventory Days | 91 | 139 | 86 | 94 | 136 | 114 | 127 | 101 | 94 | 127 | 142 | 113 |
Days Payable | 141 | 97 | 77 | 68 | 94 | 80 | 89 | 87 | 90 | 82 | 92 | 44 |
Cash Conversion Cycle | 17 | 113 | 71 | 89 | 118 | 104 | 88 | 74 | 55 | 104 | 109 | 118 |
Working Capital Days | 19 | 68 | 39 | 44 | 78 | 44 | 31 | 59 | 3 | 47 | 39 | 60 |
ROCE % | 33% | 19% | 26% | 32% | 31% | 49% | 44% | 40% | 35% | 29% | 13% | 25% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 12 Jan
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 12 Jan
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st December, 2022.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 9 Jan
- Closure of Trading Window 29 Dec
Annual reports
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Financial Year 2021
from bse
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
Product Offerings
The Company’s product offerings include Rotary screen-printing machines, Laser engraving machines, digital printing machines, Rotary screen consumables for textile printing and Digital inks, Anilox and Rota screens for graphics printing.
It also offers lacquers and chemicals that lead to the highest quality results in textile printing. Stovec also provides products for conventional and digital engraving in the printing domain. [1] [2]