Simplex Castings Ltd

Simplex Castings Ltd

₹ 485 2.46%
20 Mar - close price
About

Incorporated in 1971, Simplex Castings Ltd is a manufacturer of castings and engineering solutions.[1]

Key Points

Business Overview:[1][2]
SCL is in the heavy engineering castings business. It manufactures heavy engineering castings in grey cast iron, alloy cast iron, and stainless steel. The company is a complete one-stop shop for all engineering components manufacturing needs, castings, fabrications, forging, machining, assembly, and equipment
building, in-house testing, EPC division, and designing facility.

  • Market Cap 377 Cr.
  • Current Price 485
  • High / Low 624 / 194
  • Stock P/E 81.1
  • Book Value 74.4
  • Dividend Yield 0.00 %
  • ROCE 7.79 %
  • ROE -2.44 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 166 to 92.1 days.

Cons

  • Stock is trading at 6.52 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -24.6% over last 3 years.
  • Promoter holding has decreased over last 3 years: -3.40%

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
137.28 30.12 17.80 13.75 16.37 12.64 20.69 13.81 39.49 18.05 19.56
144.74 35.02 27.17 22.42 37.10 13.10 20.65 11.08 29.34 14.85 16.01
Operating Profit -7.46 -4.90 -9.37 -8.67 -20.73 -0.46 0.04 2.73 10.15 3.20 3.55
OPM % -5.43% -16.27% -52.64% -63.05% -126.63% -3.64% 0.19% 19.77% 25.70% 17.73% 18.15%
2.33 18.20 2.56 -0.34 0.05 0.10 0.54 3.84 0.69 0.50 0.09
Interest 8.50 2.68 2.49 2.98 1.51 2.37 2.55 2.26 2.94 2.08 2.06
Depreciation 6.41 1.66 1.72 1.24 2.52 1.14 1.62 1.63 1.63 1.45 1.46
Profit before tax -20.04 8.96 -11.02 -13.23 -24.71 -3.87 -3.59 2.68 6.27 0.17 0.12
Tax % -20.61% -25.00% -39.93% -15.04% -11.33% -28.17% -24.79% 20.52% 29.98% 41.18% 33.33%
-15.91 11.20 -6.63 -11.24 -21.91 -2.78 -2.69 2.14 4.40 0.10 0.08
EPS in Rs -25.95 18.27 -10.81 -18.33 -35.74 -4.53 -4.39 3.49 7.18 0.16 0.13
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 TTM
137.28 78.05 86.63 90.91
144.75 118.66 74.17 71.28
Operating Profit -7.47 -40.61 12.46 19.63
OPM % -5.44% -52.03% 14.38% 21.59%
2.33 17.42 5.17 5.12
Interest 8.50 9.66 10.11 9.34
Depreciation 6.40 7.14 6.01 6.17
Profit before tax -20.04 -39.99 1.51 9.24
Tax % -20.61% -28.56% 29.14%
-15.91 -28.58 1.06 6.72
EPS in Rs -25.95 -46.61 1.73 10.96
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 43%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 113%
Stock Price CAGR
10 Years: 21%
5 Years: 97%
3 Years: 122%
1 Year: 90%
Return on Equity
10 Years: %
5 Years: %
3 Years: -25%
Last Year: -2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Sep 2021
Equity Capital 6.13 6.13 6.13 6.13
Reserves 68.72 37.75 39.30 39.49
79.63 67.58 74.63 63.69
174.90 61.81 52.53 66.77
Total Liabilities 329.38 173.27 172.59 176.08
55.97 52.54 46.14 43.42
CWIP 0.12 1.14 2.07 2.09
Investments 0.16 0.11 0.16 0.00
273.13 119.48 124.22 130.57
Total Assets 329.38 173.27 172.59 176.08

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021
-6.45 -32.36 -0.34
-1.03 82.62 3.00
6.99 -49.83 -3.03
Net Cash Flow -0.50 0.44 -0.38

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021
Debtor Days 278.91 126.31 92.06
Inventory Days 192.47 262.85 448.76
Days Payable 411.31 226.20 225.38
Cash Conversion Cycle 60.07 162.96 315.44
Working Capital Days 113.16 170.60 236.70
ROCE % -21.61% 7.79%

Insights

In beta
Mar 2023 Mar 2024 Sep 2025
Total Number of Employees
Number ・Standalone data

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Number of Plants/Facilities
Number ・Standalone data
Order Book
₹ Crore ・Standalone data
Defence Products Manufactured (Cumulative)
Number ・Standalone data
Heavy Engineering Division Capacity
MTPA ・Standalone data
Heavy Fabrication Division Capacity
MTPA ・Standalone data
Land Parcel Size
Acres ・Standalone data
Railway Bogies Manufactured (Cumulative)
Number ・Standalone data
Total Production Capacity
MTPA ・Standalone data

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
56.51% 56.53% 56.53% 56.53% 56.53% 52.39% 52.36% 52.36% 52.36% 52.36% 53.11% 53.11%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07%
43.49% 43.46% 43.47% 43.46% 43.48% 47.60% 47.64% 47.64% 47.64% 47.63% 46.89% 46.83%
No. of Shareholders 3,6213,4523,4903,5493,3443,3293,3493,7373,8663,8463,9044,004

* 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.

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