Triton Valves Ltd

Triton Valves Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Triton Valves Ltd

₹ 1,590 -0.53%
28 Sep 11:03 a.m.
tritonvalves.com BSE: 505978
About

Triton Valves was established in 1975, as a manufacturer and supplier of automotive tyre valves, valve cores, and accessories. It is a major Original Equipment (OE) supplier to both the tyre and the automobile industries. The company was set up by Mr. M V Gokarn and is currently managed by his son, Mr. Aditya Gokarn (MD). The Company had a technical collaboration with Pingeot Bardin S.A. of France for the first five years. [1]

Key Points

Structure
The co. operates through a network of 3 subsidiaries :
1 TritonValves FutureTech Pvt Ltd,
2 TritonValves Climatech Pvt Ltd
3 TritonValves Hongkong Ltd.

Website BSE
  • Market Cap ₹ 165 Cr.
  • Current Price ₹ 1,590
  • High / Low ₹ 2,099 / 1,147
  • Stock P/E
  • Book Value ₹ 688
  • Dividend Yield 0.32 %
  • ROCE 1.00 %
  • ROE -11.6 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -1.72% 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: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
29.98 61.54 63.84 74.26 64.68 84.36 88.00 84.81 90.29 86.22 89.36 96.62 106.14
29.56 53.43 57.28 66.46 60.11 83.72 81.66 78.09 84.09 83.13 88.69 92.30 98.81
Operating Profit 0.42 8.11 6.56 7.80 4.57 0.64 6.34 6.72 6.20 3.09 0.67 4.32 7.33
OPM % 1.40% 13.18% 10.28% 10.50% 7.07% 0.76% 7.20% 7.92% 6.87% 3.58% 0.75% 4.47% 6.91%
0.51 0.60 0.69 0.18 0.03 0.52 0.25 0.03 0.02 0.32 0.15 0.05 0.16
Interest 1.17 1.01 1.17 0.93 1.89 1.92 2.29 2.08 2.04 2.84 3.05 3.77 3.28
Depreciation 2.48 2.61 2.61 3.19 3.27 3.27 3.45 3.27 3.13 2.80 3.21 3.51 2.98
Profit before tax -2.72 5.09 3.47 3.86 -0.56 -4.03 0.85 1.40 1.05 -2.23 -5.44 -2.91 1.23
Tax % 8.09% 20.63% 24.78% 5.70% -39.29% 19.11% 32.94% 62.14% 33.33% 4.04% 12.68% 14.43% 52.03%
-2.50 4.04 2.62 3.64 -0.78 -3.26 0.57 0.53 0.70 -2.15 -4.75 -2.49 0.58
EPS in Rs -24.27 39.22 25.44 35.34 -7.57 -31.35 5.48 5.10 6.73 -20.67 -45.67 -23.94 5.58
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
214 230 322 362 378
191 207 304 348 363
Operating Profit 23 23 18 14 15
OPM % 11% 10% 6% 4% 4%
1 2 1 1 1
Interest 5 4 8 12 13
Depreciation 11 11 13 13 12
Profit before tax 7 10 -2 -10 -9
Tax % 26% 20% -25% 9%
5 8 -3 -9 -9
EPS in Rs 52.91 75.73 -28.27 -83.27 -84.70
Dividend Payout % 28% 26% -18% -0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 19%
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -503%
Stock Price CAGR
10 Years: 19%
5 Years: 3%
3 Years: 30%
1 Year: 4%
Return on Equity
10 Years: %
5 Years: %
3 Years: -2%
Last Year: -12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
1 1 1 1
Reserves 76 84 80 70
59 98 122 131
22 32 30 39
Total Liabilities 159 215 233 242
58 89 90 94
CWIP 3 5 4 1
Investments 0 1 1 1
98 120 138 146
Total Assets 159 215 233 242

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
22 6 -9 16
-12 -38 -16 -15
-0 34 15 -4
Net Cash Flow 10 2 -11 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 59 70 53 54
Inventory Days 95 109 112 97
Days Payable 47 71 43 46
Cash Conversion Cycle 107 108 122 105
Working Capital Days 96 114 109 97
ROCE % 9% 3% 1%

Shareholding Pattern

Numbers in percentages

Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
52.40% 52.40% 52.40% 52.40% 52.40% 52.40% 52.85% 52.85% 52.85% 52.85% 52.85% 52.85%
47.60% 47.60% 47.60% 47.60% 47.60% 47.60% 47.15% 47.15% 47.15% 47.13% 47.15% 47.13%
No. of Shareholders 6,4526,1826,0156,3676,3696,6036,6976,7326,4176,1576,0866,132

Documents

Announcements

Annual reports

Credit ratings

Concalls

  • Feb 2016
    Transcript
    Notes
    PPT