IST Ltd

IST Ltd

₹ 972 -1.47%
19 Apr - 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 1,134 Cr.
  • Current Price 972
  • High / Low 1,050 / 443
  • Stock P/E 9.43
  • Book Value 1,041
  • Dividend Yield 0.00 %
  • ROCE 10.3 %
  • ROE 7.71 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.93 times its book value
  • Debtor days have improved from 28.8 to 20.8 days.
  • Company's working capital requirements have reduced from 88.0 days to 56.9 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 1.75% over past five years.
  • Company has a low return on equity of 9.41% over last 3 years.
  • Earnings include an other income of Rs.89.4 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

Consolidated Figures in Rs. Crores / View Standalone

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
32 41 29 35 28 34 28 31 25 37 29 24 28
8 14 5 11 9 20 17 5 7 18 6 5 8
Operating Profit 24 27 24 24 19 14 11 26 18 20 23 19 20
OPM % 76% 66% 81% 69% 68% 41% 38% 84% 73% 53% 80% 78% 73%
11 11 14 14 18 12 10 11 10 10 29 21 30
Interest 1 1 1 1 2 2 1 2 1 1 1 1 1
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 33 36 35 36 34 23 18 35 27 27 50 38 48
Tax % 30% 27% 21% 25% 25% 31% 11% 26% 23% 31% 26% 15% 33%
23 27 28 28 25 16 16 26 21 19 37 32 32
EPS in Rs 20.00 22.86 24.01 23.85 21.53 13.40 14.03 22.22 17.67 16.15 31.66 27.61 27.66
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
52 63 75 76 78 107 111 116 118 137 125 121 118
16 17 21 21 22 31 23 25 35 34 44 45 36
Operating Profit 36 46 54 55 56 76 88 91 83 103 82 76 81
OPM % 69% 73% 72% 72% 72% 71% 79% 78% 70% 75% 65% 63% 69%
6 5 7 9 24 25 25 35 35 41 58 40 89
Interest 0 0 0 0 0 3 2 3 4 6 5 4 3
Depreciation 1 2 2 3 3 4 4 4 5 5 5 5 5
Profit before tax 40 49 59 62 77 94 107 119 108 133 128 107 162
Tax % 6% 5% 5% 5% 9% 8% 6% 17% 26% 28% 25% 24%
38 46 58 58 70 86 100 98 80 96 97 82 120
EPS in Rs 32.68 39.68 49.70 49.79 60.18 73.68 85.89 84.09 68.90 82.07 82.79 70.07 103.08
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 7%
5 Years: 2%
3 Years: 1%
TTM: 0%
Compounded Profit Growth
10 Years: 6%
5 Years: -4%
3 Years: 1%
TTM: 53%
Stock Price CAGR
10 Years: 23%
5 Years: 25%
3 Years: 37%
1 Year: 110%
Return on Equity
10 Years: 13%
5 Years: 10%
3 Years: 9%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 208 254 310 368 439 536 636 731 797 918 1,027 1,104 1,209
0 -0 0 -0 13 4 0 -0 -0 5 14 16 6
38 34 38 39 44 45 46 49 57 47 48 58 62
Total Liabilities 251 294 354 413 501 590 687 785 861 975 1,095 1,184 1,282
127 146 144 143 141 205 201 221 238 253 250 236 251
CWIP 18 -0 1 -0 -0 -0 -0 -0 0 -0 -0 -0 -0
Investments 24 88 111 154 252 271 356 435 494 608 701 832 944
82 61 98 115 108 115 130 129 128 114 144 116 86
Total Assets 251 294 354 413 501 590 687 785 861 975 1,095 1,184 1,282

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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 11 16 37 68 72 74 79 78 75 37 114
46 -43 -18 -38 -80 -60 -71 -84 -75 -75 -30 -99
0 -0 0 -0 13 -10 -4 -0 -2 -1 8 -2
Net Cash Flow 37 -32 -2 -1 1 2 -1 -5 2 -1 15 13

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 22 27 28 20 31 30 25 21 27 30 35 21
Inventory Days 539 406 528 489 167 168 191
Days Payable 80 25 34 31 38 26 21
Cash Conversion Cycle 481 27 409 514 31 489 25 21 27 160 177 191
Working Capital Days 82 76 85 119 149 51 46 42 59 59 148 57
ROCE % 21% 21% 20% 18% 16% 19% 19% 18% 15% 16% 14% 10%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
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% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
25.01% 25.01% 25.01% 25.01% 25.01% 25.02% 25.01% 25.01% 25.01% 25.01% 25.02% 25.02%
No. of Shareholders 6,9177,4837,4377,5967,8948,1478,1808,2608,3818,7839,0519,666

* 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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