Triton Valves Ltd
Incorporated in 1975, Triton Valves Ltd
does manufacturing of valves and cores
for automobile tubes and supplies to tyre,
tube and original equipment manufacturers[1]
- Market Cap ₹ 294 Cr.
- Current Price ₹ 2,826
- High / Low ₹ 3,595 / 1,147
- Stock P/E 73.3
- Book Value ₹ 845
- Dividend Yield 0.00 %
- ROCE 2.05 %
- ROE -2.88 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 73.1 to 58.4 days.
Cons
- Stock is trading at 3.41 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.91% over past five years.
- Company has a low return on equity of 3.36% over last 3 years.
- Earnings include an other income of Rs.8.05 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: Auto Ancillaries Industry: Auto Ancillaries
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
144 | 144 | 161 | 170 | 165 | 187 | 221 | 243 | 214 | 233 | 295 | 323 | 322 | |
130 | 129 | 142 | 146 | 144 | 163 | 198 | 223 | 192 | 211 | 281 | 317 | 308 | |
Operating Profit | 14 | 16 | 18 | 24 | 21 | 24 | 22 | 19 | 22 | 22 | 14 | 6 | 14 |
OPM % | 9% | 11% | 11% | 14% | 13% | 13% | 10% | 8% | 10% | 10% | 5% | 2% | 4% |
0 | 0 | 0 | 0 | 0 | 2 | 2 | 1 | 1 | 3 | 5 | 6 | 8 | |
Interest | 5 | 7 | 8 | 7 | 5 | 5 | 5 | 5 | 4 | 4 | 6 | 7 | 8 |
Depreciation | 5 | 5 | 7 | 8 | 8 | 10 | 10 | 11 | 11 | 10 | 10 | 9 | 9 |
Profit before tax | 3 | 3 | 4 | 10 | 9 | 11 | 9 | 4 | 7 | 11 | 3 | -3 | 5 |
Tax % | 33% | 35% | 26% | 24% | 21% | 20% | 26% | 17% | 27% | 17% | 35% | 30% | |
2 | 2 | 3 | 7 | 7 | 9 | 7 | 3 | 5 | 9 | 2 | -2 | 4 | |
EPS in Rs | 20.91 | 22.42 | 29.39 | 74.85 | 70.40 | 87.68 | 66.06 | 34.85 | 51.17 | 89.22 | 19.62 | -22.31 | 38.56 |
Dividend Payout % | 33% | 31% | 27% | 16% | 17% | 17% | 23% | 34% | 29% | 22% | 25% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 15% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 757% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 24% |
3 Years: | 47% |
1 Year: | 97% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | -3% |
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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Reserves | 44 | 45 | 47 | 51 | 56 | 65 | 70 | 71 | 76 | 86 | 86 | 83 | 87 |
69 | 66 | 58 | 48 | 56 | 55 | 55 | 55 | 44 | 61 | 72 | 81 | 79 | |
26 | 24 | 23 | 21 | 16 | 15 | 27 | 19 | 34 | 38 | 70 | 51 | 54 | |
Total Liabilities | 140 | 135 | 129 | 120 | 130 | 136 | 152 | 146 | 155 | 186 | 229 | 217 | 220 |
59 | 70 | 64 | 56 | 60 | 65 | 60 | 64 | 58 | 67 | 64 | 61 | 57 | |
CWIP | 11 | 1 | 1 | 1 | 3 | 3 | 9 | 3 | 3 | 3 | 4 | 1 | 2 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 |
70 | 65 | 64 | 64 | 66 | 67 | 83 | 78 | 93 | 115 | 159 | 153 | 159 | |
Total Assets | 140 | 135 | 129 | 120 | 130 | 136 | 152 | 146 | 155 | 186 | 229 | 217 | 220 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 17 | 17 | 21 | 13 | 23 | 18 | 16 | 29 | 2 | -6 | -5 | |
-23 | -5 | -1 | -3 | -15 | -14 | -12 | -8 | -8 | -17 | -2 | 3 | |
13 | -12 | -16 | -18 | 2 | -8 | -6 | -7 | -16 | 14 | 3 | 2 | |
Net Cash Flow | -0 | 0 | -0 | 0 | -0 | 1 | -0 | 0 | 5 | -1 | -5 | -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 | 90 | 76 | 80 | 70 | 78 | 60 | 66 | 56 | 60 | 73 | 88 | 58 |
Inventory Days | 109 | 117 | 86 | 90 | 88 | 94 | 89 | 65 | 95 | 71 | 79 | 61 |
Days Payable | 59 | 55 | 45 | 36 | 24 | 32 | 61 | 34 | 79 | 82 | 113 | 68 |
Cash Conversion Cycle | 140 | 139 | 120 | 124 | 142 | 121 | 94 | 87 | 76 | 62 | 54 | 52 |
Working Capital Days | 92 | 89 | 81 | 85 | 108 | 96 | 84 | 81 | 75 | 81 | 63 | 58 |
ROCE % | 8% | 10% | 11% | 16% | 13% | 14% | 11% | 7% | 9% | 11% | 6% | 2% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 1d
- Compliance Certificate Under Reg 40(9) Of SEBI (LODR) Regulations, 2015 23 Apr
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Intimation For Issue Of Patent Certificate
22 Apr - Patent Certificate issued for an invention entitled Rubber Gum Compound Composition .
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Intimation For Issue Of Patent Certificate
22 Apr - Patent certificate issued for an invention entitled Methods and Systems for Managing Abnormalities in a Wheel/Tyre assembly of a Vehicle.
- Intimation For Grant Of Patent_Under A Tyre Pressure Regulating System For A Tyre Of A Vehicle 22 Apr
Annual reports
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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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Financial Year 2009
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Concalls
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Feb 2024TranscriptPPT
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Feb 2016TranscriptNotesPPT
Business Overview:[1]
TVL is a IATF 16949, ISO 14001 and
BS OHSAS 18001 certified company. It is a precision manufacturer and supplier of valves and components to industries ranging from air conditioning and hydraulics to aerospace, mining, defence and industrial HVAC & R. It also operate warehouses in Bengaluru, Chennai and Delhi