Cranex Ltd
Incorporated in 1973, Cranex Ltd is in the business of manufacturing and selling cranes and its parts.[1]
- Market Cap ₹ 50.6 Cr.
- Current Price ₹ 77.0
- High / Low ₹ 98.0 / 56.0
- Stock P/E 21.0
- Book Value ₹ 41.0
- Dividend Yield 0.00 %
- ROCE 10.4 %
- ROE 9.39 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.20% over past five years.
- Company has a low return on equity of 10.9% over last 3 years.
- Contingent liabilities of Rs.15.8 Cr.
- Company has high debtors of 241 days.
- Working capital days have increased from 78.8 days to 115 days
* 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 19.92 | 21.35 | 22.76 | 25.94 | 31.12 | 35.53 | 35.66 | 40.14 | 41.38 | 62.11 | 51.54 | 55.37 | |
| 19.17 | 20.14 | 21.79 | 25.07 | 29.63 | 33.95 | 33.80 | 37.98 | 39.12 | 59.19 | 47.40 | 50.83 | |
| Operating Profit | 0.75 | 1.21 | 0.97 | 0.87 | 1.49 | 1.58 | 1.86 | 2.16 | 2.26 | 2.92 | 4.14 | 4.54 |
| OPM % | 3.77% | 5.67% | 4.26% | 3.35% | 4.79% | 4.45% | 5.22% | 5.38% | 5.46% | 4.70% | 8.03% | 8.20% |
| 0.32 | 0.32 | 0.36 | 0.78 | 0.44 | 0.55 | 0.23 | 0.28 | 0.47 | 1.01 | 0.43 | 0.55 | |
| Interest | 0.34 | 0.61 | 0.65 | 0.73 | 0.88 | 1.02 | 0.99 | 1.22 | 1.16 | 1.45 | 1.71 | 1.55 |
| Depreciation | 0.13 | 0.15 | 0.05 | 0.14 | 0.22 | 0.23 | 0.24 | 0.29 | 0.31 | 0.31 | 0.34 | 0.31 |
| Profit before tax | 0.60 | 0.77 | 0.63 | 0.78 | 0.83 | 0.88 | 0.86 | 0.93 | 1.26 | 2.17 | 2.52 | 3.23 |
| Tax % | 30.00% | 25.97% | 20.63% | 23.08% | 20.48% | 18.18% | 13.95% | 16.13% | 50.79% | 29.95% | 22.62% | 25.39% |
| 0.42 | 0.57 | 0.50 | 0.61 | 0.66 | 0.72 | 0.74 | 0.78 | 0.62 | 1.52 | 1.95 | 2.41 | |
| EPS in Rs | 0.70 | 0.95 | 0.83 | 1.02 | 1.10 | 1.20 | 1.23 | 1.30 | 1.03 | 2.53 | 2.97 | 3.67 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | 10% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 27% |
| 3 Years: | 57% |
| TTM: | 24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 53% |
| 3 Years: | 31% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 10% |
| 3 Years: | 11% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.57 | 6.57 |
| Reserves | -1.24 | -0.67 | -0.17 | 0.45 | 1.11 | 1.83 | 2.57 | 3.35 | 3.50 | 5.02 | 17.84 | 20.36 |
| 9.39 | 14.93 | 13.99 | 15.82 | 19.48 | 21.24 | 19.89 | 22.78 | 24.10 | 27.07 | 19.92 | 20.98 | |
| 14.29 | 16.14 | 16.02 | 13.34 | 13.20 | 14.23 | 20.96 | 12.06 | 18.89 | 17.37 | 12.38 | 11.61 | |
| Total Liabilities | 28.44 | 36.40 | 35.84 | 35.61 | 39.79 | 43.30 | 49.42 | 44.19 | 52.49 | 55.46 | 56.71 | 59.52 |
| 1.27 | 2.46 | 2.67 | 2.92 | 4.10 | 4.49 | 5.46 | 6.05 | 5.79 | 6.00 | 5.69 | 6.08 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 1.82 | 1.82 | 1.82 | 1.82 | 1.82 | 2.14 | 2.14 | 2.14 | 2.14 |
| 27.17 | 33.94 | 33.17 | 30.87 | 33.87 | 36.99 | 42.14 | 36.32 | 44.56 | 47.32 | 48.88 | 51.30 | |
| Total Assets | 28.44 | 36.40 | 35.84 | 35.61 | 39.79 | 43.30 | 49.42 | 44.19 | 52.49 | 55.46 | 56.71 | 59.52 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.06 | -3.79 | 1.42 | 0.43 | -1.64 | -1.00 | 2.84 | -0.94 | 0.69 | -1.12 | -1.78 | -1.23 | |
| -0.20 | -1.34 | 0.09 | -1.87 | -1.05 | -0.21 | -0.99 | -0.62 | -0.99 | -0.42 | -0.82 | 1.85 | |
| -0.04 | 5.16 | -1.41 | 1.32 | 2.66 | 1.19 | -1.83 | 1.66 | 0.16 | 1.52 | 2.59 | -0.49 | |
| Net Cash Flow | -1.29 | 0.03 | 0.09 | -0.12 | -0.03 | -0.01 | 0.01 | 0.10 | -0.13 | -0.02 | -0.01 | 0.13 |
| Free Cash Flow | -1.26 | -5.13 | 1.16 | 0.05 | -3.04 | -1.62 | 1.63 | -1.81 | -0.69 | -1.65 | -1.80 | -1.81 |
| CFO/OP | -117% | -297% | 160% | 69% | -99% | -53% | 159% | -37% | 42% | -19% | -35% | -11% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 295.55 | 331.32 | 328.76 | 208.11 | 195.17 | 209.67 | 203.59 | 144.49 | 185.50 | 158.96 | 227.75 | 240.81 |
| Inventory Days | 181.00 | 186.94 | 129.01 | 154.69 | 135.63 | 136.23 | 236.04 | 180.55 | 228.57 | 95.23 | 101.79 | 64.50 |
| Days Payable | 296.25 | 280.41 | 243.33 | 130.97 | 173.52 | 190.06 | 301.17 | 149.01 | 196.06 | 109.79 | 98.81 | 74.21 |
| Cash Conversion Cycle | 180.30 | 237.85 | 214.44 | 231.83 | 157.27 | 155.84 | 138.46 | 176.03 | 218.01 | 144.40 | 230.74 | 231.10 |
| Working Capital Days | 158.50 | 113.69 | 249.86 | 204.45 | 164.55 | 187.59 | 181.89 | 169.86 | 32.02 | 27.39 | 94.26 | 114.64 |
| ROCE % | 6.79% | 8.02% | 6.39% | 7.18% | 7.00% | 6.83% | 6.40% | 7.10% | 7.36% | 10.10% | 10.22% | 10.36% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Count |
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| Revenue from Sale of Products (Cranes/Accessories) INR Lakhs |
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| Revenue from Sale of Services INR Lakhs |
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| Maximum Crane Capacity Manufactured Tonnes |
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| Order Book Visibility Months |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Please find attached herewith Newspaper Publication of Audited Financial Results (Standalone and Consolidated) of the Company for the Fourth Quarter and Financial Year ended on …
- Submission Of Audited Financial Results Of The Company For The Quarter And Financial Year Ended On 31St March, 2026 Pursuant To Regulation 33 Of SEBI (LODR) Regulations, 2015 29 May
-
Board Meeting Outcome for The Meeting Of Board Of The Company Held Today I.E. Friday, May 29Th, 2026.
29 May - Cranex Ltd approved FY26 audited standalone and consolidated results on 29 May 2026; auditors issued qualified opinion.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - Annual Secretarial Compliance Report for FY ended March 31, 2026 submitted to BSE.
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Intimation Of Loan Agreement Under Regulation 30 Of SEBI (LODR) Regulations, 2015
21 May - Cranex entered a ₹3 crore inter-corporate loan agreement with Kalyan Capitals on 21 May 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
CL is engaged in manufacturing of cranes and its construction equipment including electric overhead travelling (EOT) cranes, gantry cranes, elevators and escalators.