IST Ltd

IST Ltd

₹ 922 1.20%
28 Mar - close price
About

Incorporated in 1976, the company is primarily engaged in the business of manufacturing of high precision engineering components /
assemblies for Automobile and Consumer Goods Industry. The company also works as SEZ Developers for the development of Infrastructure for IT / ITES Sector

Key Points

Product Portfolio: [1]
a) Automotive Transmission parts
b) Carburetor Parts for two wheeler
c) Fuel Injection Part for four wheeler
d) High precision mechanical electro-mechanical timers
e) Communication Equipment & Office Products
f) Consumer Durable & White Goods
g) Oral Care Products
h) Instrumentation & Engineering Goods
i) Dental & orthopedic screws

  • Market Cap 1,076 Cr.
  • Current Price 922
  • High / Low 1,050 / 415
  • Stock P/E 39.5
  • Book Value 197
  • Dividend Yield 0.00 %
  • ROCE 4.48 %
  • ROE 3.68 %
  • Face Value 5.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 4.67 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 1.66% over past five years.
  • Company has a low return on equity of 4.14% over last 3 years.
  • Earnings include an other income of Rs.36.2 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
5.73 14.80 4.97 10.76 6.64 5.22 6.78 4.46 6.45 8.36 3.88 5.28 5.34
5.87 12.79 4.73 9.38 5.76 8.54 10.22 3.56 5.27 7.70 4.24 4.37 5.05
Operating Profit -0.14 2.01 0.24 1.38 0.88 -3.32 -3.44 0.90 1.18 0.66 -0.36 0.91 0.29
OPM % -2.44% 13.58% 4.83% 12.83% 13.25% -63.60% -50.74% 20.18% 18.29% 7.89% -9.28% 17.23% 5.43%
2.44 2.32 4.39 3.81 3.68 4.41 2.87 3.27 3.39 3.68 9.93 10.31 12.24
Interest 0.04 0.05 0.07 0.06 0.08 0.06 0.06 0.05 0.05 0.20 0.10 0.10 0.09
Depreciation 0.88 0.85 0.77 0.79 0.82 0.79 0.73 0.74 0.74 0.74 0.70 0.71 0.71
Profit before tax 1.38 3.43 3.79 4.34 3.66 0.24 -1.36 3.38 3.78 3.40 8.77 10.41 11.73
Tax % 10.14% 20.99% 15.57% 18.66% 19.95% 237.50% 33.09% 18.34% 17.72% 17.65% 21.21% 19.79% 22.08%
1.24 2.70 3.20 3.53 2.92 -0.32 -0.90 2.77 3.11 2.80 6.91 8.35 9.15
EPS in Rs 1.06 2.31 2.74 3.03 2.50 -0.27 -0.77 2.37 2.67 2.40 5.92 7.16 7.84
Raw PDF

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
19 20 21 18 17 25 24 22 18 30 28 26 23
16 15 19 18 16 21 20 21 18 26 28 27 21
Operating Profit 4 5 2 -0 1 4 4 2 -1 4 -1 -1 2
OPM % 18% 27% 10% -1% 5% 17% 17% 8% -5% 13% -3% -3% 7%
6 5 4 6 10 11 12 11 11 9 16 13 36
Interest 0 0 0 0 0 1 0 0 1 0 0 0 0
Depreciation 1 1 2 2 2 3 3 3 3 3 3 3 3
Profit before tax 8 9 5 3 9 11 13 9 6 10 12 9 34
Tax % 21% 22% 17% 22% 25% 24% 22% 20% 17% 16% 22% 16%
6 7 4 3 7 9 10 8 5 8 9 8 27
EPS in Rs 5.24 5.74 3.40 2.16 5.67 7.51 8.60 6.50 4.28 6.98 8.00 6.67 23.32
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 2%
3 Years: 14%
TTM: 0%
Compounded Profit Growth
10 Years: 1%
5 Years: -5%
3 Years: 16%
TTM: 484%
Stock Price CAGR
10 Years: 24%
5 Years: 29%
3 Years: 35%
1 Year: 127%
Return on Equity
10 Years: 4%
5 Years: 4%
3 Years: 4%
Last Year: 4%

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 6 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 132 138 142 145 151 161 171 179 184 192 201 209 224
0 0 0 0 13 4 0 0 0 1 1 3 3
6 5 6 6 8 7 7 6 8 7 9 8 11
Total Liabilities 143 149 154 156 178 178 184 191 198 206 217 226 244
16 27 26 25 24 68 66 66 65 64 63 63 62
CWIP 11 0 1 0 0 0 0 0 0 0 0 0 0
Investments 25 79 90 97 127 83 90 105 113 128 138 150 169
91 43 38 34 27 26 27 21 20 14 16 12 13
Total Assets 143 149 154 156 178 178 184 191 198 206 217 226 244

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
-12 -0 7 4 11 7 9 9 6 11 3 12
48 -33 -8 -5 -23 3 -4 -12 -6 -10 -1 -11
0 -0 0 -0 13 -10 -4 -0 -1 -1 -1 -1
Net Cash Flow 37 -33 -1 -1 -0 0 1 -3 -0 -0 1 -1

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 57 54 78 51 113 87 83 61 117 71 68 68
Inventory Days 539 1,189 406 528 856 489 543 509 932 167 168 191
Days Payable 69 88 25 34 66 31 32 27 27 38 26 21
Cash Conversion Cycle 527 1,156 458 545 903 546 594 543 1,022 200 210 239
Working Capital Days 337 200 174 148 243 165 155 158 263 94 122 85
ROCE % 6% 6% 3% 2% 3% 7% 7% 5% 4% 5% 6% 4%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
25.01% 25.01% 25.01% 25.01% 25.01% 25.01% 25.02% 25.01% 25.01% 25.01% 25.01% 25.02%
No. of Shareholders 6,7896,9177,4837,4377,5967,8948,1478,1808,2608,3818,7839,051

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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