Birla Precision Technologies Ltd

Birla Precision Technologies Ltd

₹ 68.7 2.10%
03 May 4:01 p.m.
About

Incorporated in 1986, Birla Precision Technologies Ltd manufactures and sells Machine Tool Accessories, Tools, Precision / Automotive Components
and Castings[1]

Key Points

Business Overview:[1]
BPTL was formed as a JV company between Birla Group and Kennametal Inc, USA. Company provides tooling solutions via manufacturing of High Precision AT3 class Tool Holders, High Precision Work Holding, Expanding Mandrel, Production Boosters, Capital Items, Boring Bars and custom built solutions

  • Market Cap 448 Cr.
  • Current Price 68.7
  • High / Low 76.7 / 32.0
  • Stock P/E 44.1
  • Book Value 20.8
  • Dividend Yield 0.07 %
  • ROCE 12.0 %
  • ROE 8.66 %
  • Face Value 2.00

Pros

  • Company's working capital requirements have reduced from 122 days to 92.4 days

Cons

  • Stock is trading at 3.31 times its book value
  • Company has a low return on equity of 6.88% over last 3 years.

* 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

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
53.07 60.29 54.08 62.40 60.86 68.93 57.81 71.76 58.98 64.75 40.72 56.95 66.97
47.22 57.38 51.41 59.83 57.96 58.45 55.21 65.31 53.74 61.99 36.28 51.32 55.86
Operating Profit 5.85 2.91 2.67 2.57 2.90 10.48 2.60 6.45 5.24 2.76 4.44 5.63 11.11
OPM % 11.02% 4.83% 4.94% 4.12% 4.77% 15.20% 4.50% 8.99% 8.88% 4.26% 10.90% 9.89% 16.59%
0.25 1.02 0.21 0.32 0.15 1.37 5.37 0.40 0.24 4.33 0.19 0.56 0.39
Interest 1.25 1.49 1.23 1.17 1.27 1.61 0.90 0.74 0.89 0.80 0.79 0.73 0.75
Depreciation 1.11 1.07 1.13 1.09 0.98 0.87 0.92 0.99 0.97 1.74 1.73 1.65 1.62
Profit before tax 3.74 1.37 0.52 0.63 0.80 9.37 6.15 5.12 3.62 4.55 2.11 3.81 9.13
Tax % -0.00% 2.19% -0.00% -0.00% 2.50% 1.17% 0.98% -0.59% 2.21% 115.38% 22.27% 39.63% 24.10%
3.74 1.35 0.51 0.63 0.77 9.27 6.08 5.16 3.54 -0.70 1.64 2.30 6.93
EPS in Rs 0.66 0.21 0.08 0.10 0.12 1.42 0.93 0.79 0.54 -0.11 0.25 0.35 1.06
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
174 171 246 253 229
166 162 228 236 205
Operating Profit 7 9 19 17 24
OPM % 4% 5% 8% 7% 10%
-10 2 2 10 5
Interest 6 5 5 3 3
Depreciation 5 4 4 5 7
Profit before tax -13 1 11 19 20
Tax % -0% 2% 1% 28%
-13 1 11 14 10
EPS in Rs -2.34 0.22 1.71 2.16 1.55
Dividend Payout % -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 13%
TTM: -11%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -58%
Stock Price CAGR
10 Years: 39%
5 Years: 33%
3 Years: 83%
1 Year: 102%
Return on Equity
10 Years: %
5 Years: %
3 Years: 7%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11 13 13 13 13
Reserves 89 94 105 118 122
28 27 24 32 33
60 66 72 71 69
Total Liabilities 188 199 214 235 237
32 29 33 69 68
CWIP 0 0 9 0 2
Investments -0 7 7 7 7
156 163 165 159 160
Total Assets 188 199 214 235 237

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
6 25 22 27
-0 -20 -8 -32
-6 -1 -8 5
Net Cash Flow -0 3 6 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 68 70 55 58
Inventory Days 314 268 271 288
Days Payable 178 169 155 166
Cash Conversion Cycle 203 169 171 180
Working Capital Days 185 161 112 92
ROCE % 5% 12% 12%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
59.85% 59.85% 59.85% 59.84% 59.84% 59.84% 59.84% 59.84% 59.84% 59.84% 59.84% 60.28%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
0.02% 0.02% 0.02% 0.02% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
40.14% 40.14% 40.14% 40.14% 40.14% 40.14% 40.14% 40.14% 40.13% 40.14% 40.12% 39.71%
No. of Shareholders 62,81862,73767,34368,11968,68768,64067,80267,15267,06466,64966,91568,798

* 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.

Documents

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