Calcom Vision Ltd

Calcom Vision Ltd

₹ 162 0.25%
21 Feb 4:01 p.m.
About

Incorporated in 1969, Calcom Vision
Ltd manufactures and sells Lighting
and Electronics products[1]

Key Points

Business Overview:[1][2]
CVL is an ISO 9001-2015, SA 8000:2014 and an ISO 14001:2015 original, designer, manufacturer and supplier of a range of lighting products to several Multi-National Brands including Philips, Thomson, BPL, LG, Samsung etc., both in India and abroad. It does manufacturing and selling of Light Emitting Diode (LED) and related electronic products for domestic and industrial applications. The operations of the company can be broadly classified as Electronics Manufacturing Services (EMS) wherein it undertakes manufacturing of any electronic component and supplies to Other Equipment Manufacturers (OEMs) and Original Design & Manufacturing (ODM) wherein the company carries end-to-end activity including designing for the lighting product.

  • Market Cap 218 Cr.
  • Current Price 162
  • High / Low 205 / 118
  • Stock P/E 109
  • Book Value 55.6
  • Dividend Yield 0.00 %
  • ROCE 13.2 %
  • ROE 9.34 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 2.98 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 5.35% over last 3 years.
  • Promoter holding has decreased over last 3 years: -17.7%

* 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

Figures in Rs. Crores

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
17.75 22.24 7.58 24.02 30.30 38.16 30.08 39.02 44.09 46.88 33.08 39.17 40.88
16.55 19.78 7.75 22.47 29.32 35.28 28.01 35.71 40.24 43.31 30.89 37.25 38.95
Operating Profit 1.20 2.46 -0.17 1.55 0.98 2.88 2.07 3.31 3.85 3.57 2.19 1.92 1.93
OPM % 6.76% 11.06% -2.24% 6.45% 3.23% 7.55% 6.88% 8.48% 8.73% 7.62% 6.62% 4.90% 4.72%
0.02 0.10 0.12 0.02 0.01 0.04 0.08 0.16 0.10 0.54 0.16 0.05 0.24
Interest 0.49 0.56 0.47 0.57 0.67 0.54 0.51 0.84 0.88 0.96 1.08 1.18 1.32
Depreciation 0.22 0.24 0.44 0.42 0.48 0.48 0.58 0.57 0.62 0.64 0.70 0.73 0.76
Profit before tax 0.51 1.76 -0.96 0.58 -0.16 1.90 1.06 2.06 2.45 2.51 0.57 0.06 0.09
Tax % 0.00% 16.48% 0.00% 0.00% 0.00% 26.32% 25.47% 25.24% 25.31% 41.04% 24.56% 33.33% 55.56%
0.51 1.47 -0.96 0.57 -0.16 1.40 0.79 1.54 1.84 1.48 0.43 0.05 0.04
EPS in Rs 0.48 1.39 -0.91 0.54 -0.15 1.10 0.62 1.21 1.44 1.16 0.32 0.04 0.03
Raw PDF

Profit & Loss

Figures in Rs. Crores

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 17 15 15 14 14 25 52 47 58 100 160 160
19 17 15 15 13 13 23 48 45 54 95 147 150
Operating Profit 0 0 1 0 0 1 2 5 3 4 5 13 10
OPM % 2% 0% 4% 1% 1% 7% 8% 9% 5% 6% 5% 8% 6%
0 0 0 0 0 0 2 0 0 0 0 1 1
Interest 0 0 0 0 0 0 1 1 2 2 2 3 5
Depreciation 1 1 1 0 0 0 0 1 1 1 2 2 3
Profit before tax -0 -0 -0 -0 0 1 3 3 0 1 1 8 3
Tax % 0% 0% 0% 0% 0% 0% 0% 0% -64% 28% 37% 30%
-0 -0 -0 -0 0 1 3 3 0 1 1 6 2
EPS in Rs -0.62 -0.95 -0.18 -1.26 0.22 1.27 3.29 2.85 0.44 0.72 0.67 4.42 1.55
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 25%
5 Years: 45%
3 Years: 50%
TTM: 6%
Compounded Profit Growth
10 Years: 29%
5 Years: 43%
3 Years: 129%
TTM: -64%
Stock Price CAGR
10 Years: 42%
5 Years: 40%
3 Years: 105%
1 Year: 21%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 5%
Last Year: 9%

Balance Sheet

Figures in Rs. Crores

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 3 3 3 3 3 6 8 11 11 11 13 13 13
Reserves -21 -21 -21 -22 -22 -1 -1 -1 -0 31 45 51 61
22 22 22 22 22 0 0 5 11 19 18 32 34
7 8 5 5 5 16 18 15 16 17 24 34 30
Total Liabilities 12 12 9 8 8 21 25 30 37 77 99 129 139
4 3 3 2 3 9 9 11 13 44 48 54 55
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 3
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
8 9 6 6 5 12 15 19 24 33 51 76 81
Total Assets 12 12 9 8 8 21 25 30 37 77 99 129 139

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 0 0 -0 2 1 4 -1 -3 1 -5 -1
-0 -0 -0 0 -1 -1 -4 -4 -3 -3 -7 -9
0 -0 0 -0 0 0 -1 5 6 2 12 10
Net Cash Flow 0 0 -0 -0 0 1 -0 0 0 0 -0 -0

Ratios

Figures in Rs. Crores

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 67 108 107 66 57 79 44 40 38 81 76 83
Inventory Days 52 55 35 83 87 291 222 109 167 129 101 86
Days Payable 114 144 151 132 168 389 151 97 122 127 97 83
Cash Conversion Cycle 5 19 -9 18 -25 -18 115 53 82 83 80 86
Working Capital Days 5 10 28 41 14 7 2 26 55 94 94 89
ROCE % -3% -11% 0% -6% 8% 20% 34% 39% 11% 7% 5% 13%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
81.53% 81.53% 74.49% 74.49% 67.81% 67.32% 67.32% 67.17% 67.17% 64.19% 63.85% 63.85%
0.00% 0.00% 0.00% 0.00% 7.03% 6.98% 6.98% 6.96% 6.96% 7.60% 7.56% 7.56%
0.08% 0.08% 0.08% 0.08% 3.84% 3.82% 3.83% 3.82% 3.67% 3.20% 3.18% 3.18%
18.40% 18.40% 25.44% 25.44% 21.31% 21.88% 21.88% 22.05% 22.21% 25.01% 25.40% 25.40%
No. of Shareholders 4,6744,6644,9826,8546,5556,5396,6696,8116,6467,0107,1127,119

* 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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