Cranex Ltd

Cranex Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Cranex Ltd

₹ 102 -4.99%
30 Apr - close price
cranexltd.com BSE: 522001
About

Incorporated in 1973, Cranex Ltd manufactures and sells cranes & its parts and provides maintenance services[1]

Key Points

Business Overview:[1]
Company is a manufacturer of EOT Cranes and Gantry Cranes, and provides after sales service and reconditioning services

Website BSE
  • Market Cap ₹ 61.0 Cr.
  • Current Price ₹ 102
  • High / Low ₹ 127 / 24.2
  • Stock P/E 64.9
  • Book Value ₹ 16.4
  • Dividend Yield 0.00 %
  • ROCE 7.22 %
  • ROE 6.07 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 6.19 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 9.79% over past five years.
  • Company has a low return on equity of 7.65% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 186 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

Sector: Capital Goods-Non Electrical Equipment Industry: Engineering

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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
5.53 14.72 11.82 6.14 10.21 19.58 8.30 7.44 9.48 16.15 8.95 14.85 17.10
5.21 13.91 11.43 5.60 9.84 18.28 7.88 6.95 9.15 15.19 8.75 13.79 16.68
Operating Profit 0.32 0.81 0.39 0.54 0.37 1.30 0.42 0.49 0.33 0.96 0.20 1.06 0.42
OPM % 5.79% 5.50% 3.30% 8.79% 3.62% 6.64% 5.06% 6.59% 3.48% 5.94% 2.23% 7.14% 2.46%
0.07 0.00 0.03 0.04 0.07 -0.36 0.02 0.11 0.20 0.14 0.36 0.12 0.18
Interest 0.20 0.28 0.14 0.24 0.29 0.33 0.25 0.32 0.34 0.25 0.30 0.39 0.40
Depreciation 0.06 0.06 0.06 0.06 0.06 0.11 0.06 0.09 0.08 0.08 0.08 0.08 0.08
Profit before tax 0.13 0.47 0.22 0.28 0.09 0.50 0.13 0.19 0.11 0.77 0.18 0.71 0.12
Tax % 23.08% 6.38% 13.64% 10.71% 33.33% 12.00% 23.08% 47.37% 45.45% 59.74% 27.78% 43.66% 25.00%
0.10 0.42 0.19 0.24 0.04 0.44 0.10 0.10 0.06 0.31 0.14 0.39 0.10
EPS in Rs 0.17 0.70 0.32 0.40 0.07 0.73 0.17 0.17 0.10 0.52 0.23 0.65 0.17
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
22.76 25.94 31.12 35.53 35.66 40.14 41.38 57.05
21.79 25.08 29.66 33.97 33.82 38.02 39.18 54.41
Operating Profit 0.97 0.86 1.46 1.56 1.84 2.12 2.20 2.64
OPM % 4.26% 3.32% 4.69% 4.39% 5.16% 5.28% 5.32% 4.63%
0.36 0.74 0.44 0.56 0.23 0.28 0.47 0.80
Interest 0.65 0.73 0.88 1.02 0.99 1.22 1.16 1.34
Depreciation 0.05 0.14 0.22 0.23 0.24 0.29 0.31 0.32
Profit before tax 0.63 0.73 0.80 0.87 0.84 0.89 1.20 1.78
Tax % 20.63% 24.66% 21.25% 18.39% 14.29% 16.85% 53.33%
0.50 0.56 0.63 0.71 0.72 0.73 0.56 0.94
EPS in Rs 0.83 0.93 1.05 1.18 1.20 1.22 0.93 1.57
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 10%
3 Years: 5%
TTM: 27%
Compounded Profit Growth
10 Years: %
5 Years: 0%
3 Years: -8%
TTM: 34%
Stock Price CAGR
10 Years: 36%
5 Years: 47%
3 Years: 124%
1 Year: 206%
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 8%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00
Reserves -0.17 0.40 1.04 1.75 2.47 3.16 3.30 3.85
13.99 14.69 18.36 19.85 19.89 22.78 24.10 28.00
16.02 12.98 12.79 14.20 21.20 14.01 18.90 18.17
Total Liabilities 35.84 34.07 38.19 41.80 49.56 45.95 52.30 56.02
2.67 2.92 4.10 4.49 5.46 6.05 5.79 5.67
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 1.94 1.92
33.17 31.15 34.09 37.31 44.10 39.90 44.57 48.43
Total Assets 35.84 34.07 38.19 41.80 49.56 45.95 52.30 56.02

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.42 -0.01 -1.77 -1.00 2.84 -0.94 0.69
0.09 -0.05 -0.96 -0.21 -0.99 -0.62 -0.99
-1.41 0.20 2.66 1.19 -1.83 1.66 0.16
Net Cash Flow 0.09 0.14 -0.07 -0.01 0.01 0.10 -0.13

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 328.76 208.11 195.17 209.77 203.69 144.49 185.50
Inventory Days 129.01 154.69 135.63 136.23 236.04 180.55 228.57
Days Payable 243.33 130.97 173.52 190.06 301.17 149.01 196.06
Cash Conversion Cycle 214.44 231.83 157.27 155.95 138.56 176.03 218.01
Working Capital Days 249.86 209.80 169.36 187.89 197.03 197.78 187.97
ROCE % 7.14% 7.23% 7.13% 6.50% 7.00% 7.22%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
42.92% 42.92% 42.92% 42.92% 42.92% 42.92% 42.92% 42.92% 42.92% 42.92% 42.92% 42.92%
0.73% 0.73% 0.73% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37% 0.37%
56.35% 56.35% 56.35% 56.71% 56.71% 56.71% 56.70% 56.71% 56.70% 56.71% 56.70% 56.70%
No. of Shareholders 3,0703,0793,0753,2033,2383,3633,5863,5593,5693,9343,9624,007

* 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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