Stovec Industries Ltd
Incorporated in 1973, Stovec Industries Ltd manufactures and sellsTextile Machinery & Consumables, Graphics Consumables and Digital Machines[1]
- Market Cap ₹ 354 Cr.
- Current Price ₹ 1,696
- High / Low ₹ 2,999 / 1,696
- Stock P/E 12.6
- Book Value ₹ 676
- Dividend Yield 6.77 %
- ROCE 32.3 %
- ROE 21.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 6.77%.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
- Company has been maintaining a healthy dividend payout of 29.3%
Cons
- 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
|---|---|---|---|---|---|---|
| 77 | 102 | 162 | 195 | 213 | 195 | |
| 64 | 85 | 127 | 155 | 169 | 154 | |
| Operating Profit | 13 | 17 | 35 | 39 | 44 | 41 |
| OPM % | 17% | 17% | 22% | 20% | 21% | 21% |
| 3 | 3 | 3 | 4 | 4 | 14 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 3 | 5 | 5 | 6 | 5 |
| Profit before tax | 15 | 17 | 33 | 38 | 42 | 49 |
| Tax % | 30% | 33% | 34% | 34% | 35% | 32% |
| 11 | 12 | 22 | 25 | 27 | 34 | |
| EPS in Rs | 50.67 | 55.56 | 104.79 | 119.44 | 130.08 | 160.92 |
| Dividend Payout % | 30% | 28% | 28% | 26% | 28% | 34% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 6% |
| TTM: | -8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 9% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -1% |
| 3 Years: | -6% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 26% |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves | 48 | 56 | 71 | 88 | 115 | 139 |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| 20 | 34 | 49 | 59 | 39 | 35 | |
| Total Liabilities | 71 | 92 | 121 | 149 | 156 | 177 |
| 13 | 25 | 26 | 24 | 37 | 29 | |
| CWIP | 0 | 0 | 0 | 6 | 0 | 0 |
| Investments | 3 | 0 | 0 | 1 | 1 | 1 |
| 55 | 67 | 96 | 118 | 117 | 146 | |
| Total Assets | 71 | 92 | 121 | 149 | 156 | 177 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
|---|---|---|---|---|---|---|
| 9 | 1 | 23 | 28 | 23 | 38 | |
| 1 | -6 | -18 | -19 | -9 | -38 | |
| -3 | -4 | -4 | -8 | -8 | -9 | |
| Net Cash Flow | 7 | -8 | 0 | 1 | 7 | -9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Debtor Days | 63 | 81 | 63 | 47 | 54 | 51 |
| Inventory Days | 92 | 142 | 122 | 133 | 110 | 93 |
| Days Payable | 66 | 108 | 86 | 95 | 95 | 89 |
| Cash Conversion Cycle | 89 | 114 | 100 | 85 | 69 | 55 |
| Working Capital Days | 44 | 68 | 42 | 31 | 56 | 41 |
| ROCE % | 32% | 51% | 47% | 40% | 32% |
Insights
In beta| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue Contribution - Graphics Products INR Million ・Standalone data |
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| Revenue Contribution - Textile Consumables & Machinery INR Million ・Standalone data |
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| Export Share of Total Turnover % ・Standalone data |
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| Number of Employees Number ・Standalone data |
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| Sales Value - Perforated Rotary Screens INR ・Standalone data |
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| Sales Value - Automatic Rotary Screen Printing Machines INR ・Standalone data |
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| Net Capital Turnover Ratio Times ・Standalone data |
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Documents
Announcements
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Intimation Of Receipt Of Notice Of Demand Under The Income Tax Act, 1961
11 Mar - Income Tax demand Rs.4,02,42,222 for AY 2020-21; company to appeal, 20% pre-deposit required.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Mar - Newspaper advertisement in respect of transfer of shares to IEPF
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 Feb - Annual Secretarial Compliance Report for year ended 31 Dec 2025; RPT exceeded Rs.1 crore omnibus approval.
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Audited Financial Results
23 Feb - Audited FY2025 results approved; PAT Rs.68.98m; recommended dividend Rs.12/share (120%); audit unmodified; meeting Feb 23, 2026.
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Board Meeting Outcome for Outcome Of Board Meeting
23 Feb - Board approved audited FY2025 results; PAT Rs.68.98m; recommended Rs.12/share dividend; auditors unmodified.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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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
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Business Overview:[1][2]
SIL is a subsidiary of SPG Prints B.V., Netherlands. It is a printing solutions provider which offers capital & consumables for textile printing industry and non textile segment. Company manufactures Rotary and digital printing machines, engravers, perforated nickel screens for textile & graphic industry, and other textile & graphic consumables and spare parts