Shree Pacetronix Ltd

Shree Pacetronix Ltd

₹ 152 4.80%
28 Mar - close price
About

Incorporated in 1988, Shree Pacetronix Ltd manufactures and exports Implantable Cardiac Pacemakers.

Key Points

Product Profile:[1][2]
Company deals in 3 major products viz, Pacemakers, Pacing Leads, Pacing System which are further bifurcated as: Ventralite 940+/ Tiranga, Pinnacle-8820, Tiranga -302, Pinnacle-R-SSIR-Model-29, Trinity-R, Smart - E, Atrial-J-Bipolar-Lead-3851-VB, Introducer, Zeus -1, Is1 Bipolar Lead 3851 Vb, Screw-in Lead P12, Pace Maker Analyser, Charak DDDR, Indus I SSB, Implantable Cardioverter Pacemaker, Single Chamber Pacemaker, Reuters Pacemakers, Permanent Pacemaker, Medtronic Pacemaker, Pacing System Analyzer

  • Market Cap 54.6 Cr.
  • Current Price 152
  • High / Low 392 / 96.2
  • Stock P/E 14.0
  • Book Value 31.1
  • Dividend Yield 0.00 %
  • ROCE 46.2 %
  • ROE 40.6 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 119 to 84.8 days.
  • Company's working capital requirements have reduced from 125 days to 96.0 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 24.2%

* 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: Healthcare Industry: Healthcare

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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
1.92 2.13 1.79 2.87 2.22 2.36 3.35 4.18 5.21 7.52 5.86 5.23 4.30
1.67 1.94 1.59 2.16 1.94 1.78 2.63 3.52 4.10 4.55 4.48 4.08 3.45
Operating Profit 0.25 0.19 0.20 0.71 0.28 0.58 0.72 0.66 1.11 2.97 1.38 1.15 0.85
OPM % 13.02% 8.92% 11.17% 24.74% 12.61% 24.58% 21.49% 15.79% 21.31% 39.49% 23.55% 21.99% 19.77%
0.01 0.03 0.01 0.01 0.01 0.04 0.02 0.02 0.01 0.04 0.04 0.02 0.03
Interest 0.09 0.09 0.07 0.08 0.06 0.08 0.06 0.09 0.07 0.08 0.07 0.11 0.10
Depreciation 0.12 0.14 0.12 0.12 0.13 0.13 0.14 0.18 0.16 0.15 0.17 0.20 0.22
Profit before tax 0.05 -0.01 0.02 0.52 0.10 0.41 0.54 0.41 0.89 2.78 1.18 0.86 0.56
Tax % 40.00% -300.00% 50.00% 25.00% 30.00% 26.83% 25.93% 31.71% 30.34% 29.50% 27.12% 22.09% 28.57%
0.02 -0.04 0.02 0.39 0.07 0.30 0.40 0.28 0.62 1.96 0.86 0.67 0.40
EPS in Rs 0.06 -0.11 0.06 1.08 0.19 0.83 1.11 0.78 1.72 5.45 2.39 1.86 1.11
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
7.32 6.79 8.00 6.89 7.44 6.94 6.80 7.28 8.77 7.56 9.23 20.26 22.91
6.35 5.53 6.60 5.86 6.37 6.39 5.88 6.50 7.57 6.62 7.45 14.81 16.56
Operating Profit 0.97 1.26 1.40 1.03 1.07 0.55 0.92 0.78 1.20 0.94 1.78 5.45 6.35
OPM % 13.25% 18.56% 17.50% 14.95% 14.38% 7.93% 13.53% 10.71% 13.68% 12.43% 19.28% 26.90% 27.72%
0.10 0.04 0.01 0.03 0.02 0.05 0.01 0.17 0.04 0.05 0.07 0.10 0.13
Interest 0.47 0.42 0.47 0.42 0.37 0.40 0.32 0.32 0.38 0.35 0.29 0.30 0.36
Depreciation 0.59 0.61 0.60 0.76 0.77 0.65 0.42 0.38 0.51 0.51 0.50 0.63 0.74
Profit before tax 0.01 0.27 0.34 -0.12 -0.05 -0.45 0.19 0.25 0.35 0.13 1.06 4.62 5.38
Tax % 100.00% 33.33% 32.35% 58.33% -60.00% 26.67% 31.58% 44.00% 31.43% 61.54% 26.42% 29.44%
0.00 0.17 0.23 -0.06 -0.09 -0.32 0.13 0.14 0.24 0.05 0.78 3.26 3.89
EPS in Rs 0.00 0.47 0.64 -0.17 -0.25 -0.89 0.36 0.39 0.67 0.14 2.17 9.06 10.81
Dividend Payout % 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: 12%
5 Years: 24%
3 Years: 32%
TTM: 52%
Compounded Profit Growth
10 Years: 34%
5 Years: 90%
3 Years: 142%
TTM: 143%
Stock Price CAGR
10 Years: 30%
5 Years: 64%
3 Years: 136%
1 Year: 52%
Return on Equity
10 Years: 7%
5 Years: 14%
3 Years: 21%
Last Year: 41%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 3.60 3.60 3.60 3.60 3.60 3.60 3.60 3.60 3.60 3.60 3.60 3.60 3.60
Reserves 1.46 1.63 1.86 1.77 1.68 1.36 1.60 1.74 1.98 2.03 2.81 6.07 7.60
2.82 2.55 2.14 2.78 1.97 2.71 2.93 3.91 3.33 3.20 3.05 2.19 3.53
1.19 1.46 1.38 0.95 1.35 1.16 1.33 1.35 2.08 2.15 2.72 4.68 5.69
Total Liabilities 9.07 9.24 8.98 9.10 8.60 8.83 9.46 10.60 10.99 10.98 12.18 16.54 20.42
3.78 3.56 3.42 3.13 2.55 2.02 1.88 2.40 2.47 2.69 2.56 3.12 3.71
CWIP 0.00 0.00 0.00 0.00 0.00 0.77 0.99 1.25 1.81 1.64 1.65 1.66 1.66
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
5.29 5.68 5.56 5.97 6.05 6.04 6.59 6.95 6.71 6.65 7.97 11.76 15.05
Total Assets 9.07 9.24 8.98 9.10 8.60 8.83 9.46 10.60 10.99 10.98 12.18 16.54 20.42

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.43 0.76 1.06 0.47 1.35 0.42 1.13 0.31 2.25 1.09 1.76 1.74
0.32 -0.34 -0.44 -0.49 -0.18 -0.86 -0.52 -1.01 -1.00 -0.53 -1.19 -1.41
-0.73 -0.65 -0.85 0.20 -1.14 0.22 -0.50 0.36 -1.17 -0.31 -0.45 -1.15
Net Cash Flow 0.02 -0.23 -0.23 0.18 0.03 -0.22 0.10 -0.34 0.08 0.25 0.12 -0.82

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 72.30 76.33 86.23 70.99 88.31 113.08 143.32 152.92 134.01 145.81 127.73 84.85
Inventory Days 237.41 597.81 443.76 670.58 359.32 243.33 301.93 276.44 216.62 272.02 194.20 157.41
Days Payable 74.29 134.16 48.46 29.71 32.67 18.86 49.65 37.10 54.15 48.57 17.55 32.22
Cash Conversion Cycle 235.42 539.98 481.52 711.86 414.96 337.55 395.60 392.26 296.48 369.25 304.38 210.04
Working Capital Days 165.05 183.84 179.31 235.74 197.71 216.69 209.34 217.09 129.44 159.33 120.22 96.02
ROCE % 5.85% 8.81% 10.53% 3.56% 4.16% -0.80% 6.46% 5.06% 7.93% 5.30% 14.43% 46.15%

Shareholding Pattern

Numbers in percentages

5 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
24.25% 24.25% 24.25% 24.25% 24.25% 24.25% 24.25% 24.25% 24.25% 24.25% 24.25% 24.25%
75.75% 75.75% 75.75% 75.75% 75.75% 75.75% 75.77% 75.77% 75.77% 75.75% 75.76% 75.76%
No. of Shareholders 5,5755,5745,5755,5905,5685,5615,5505,5745,5965,8035,8966,207

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