Accurate Transformers Ltd

Accurate Transformers Ltd

₹ 24.4 -4.88%
29 Feb 2016
About

Accurate Transformers Limited is an electrical equipment manufacturing company. The Company is engaged in the business of manufacturing and dealing in electrical and electronic products. It is engaged in manufacturing of products of various kinds, such as transformers, generators, meters, wires, cables and electronics devices, control and their spare parts.

  • Market Cap 7.23 Cr.
  • Current Price 24.4
  • High / Low /
  • Stock P/E
  • Book Value 129
  • Dividend Yield %
  • ROCE 4.59 %
  • ROE -37.2 %
  • Face Value

Pros

  • Stock is trading at 0.19 times its book value
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -25.6% over past five years.
  • Company has a low return on equity of -10.2% over last 3 years.
  • Earnings include an other income of Rs.7.12 Cr.
  • Company has high debtors of 1,445 days.
  • Working capital days have increased from 962 days to 2,149 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2013 Jun 2013 Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015
70.09 15.65 84.63 41.03 81.09 72.36 73.21 40.97 61.02
60.35 12.60 73.91 33.44 70.67 63.53 64.43 31.72 51.09
Operating Profit 9.74 3.05 10.72 7.59 10.42 8.83 8.78 9.25 9.93
OPM % 13.90% 19.49% 12.67% 18.50% 12.85% 12.20% 11.99% 22.58% 16.27%
1.00 0.06 0.75 0.85 0.41 0.05 0.31 0.26 0.40
Interest 11.10 2.76 11.02 8.04 9.95 8.40 8.51 9.25 9.81
Depreciation 0.09 0.21 0.26 0.26 0.36 0.18 0.18 0.18 0.22
Profit before tax -0.45 0.14 0.19 0.14 0.52 0.30 0.40 0.08 0.30
Tax % 51.11% 21.43% 31.58% 0.00% 34.62% 33.33% 32.50% 37.50% 33.33%
-0.68 0.11 0.13 0.14 0.34 0.20 0.27 0.05 0.20
EPS in Rs -2.29 0.37 0.44 0.47 1.14 0.67 0.91 0.17 0.67
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
145 162 177 179 190 219 247 198 199 190 50
136 150 159 159 168 194 221 169 165 157 44
Operating Profit 9 12 17 21 22 25 26 29 35 33 6
OPM % 6% 7% 10% 12% 12% 12% 10% 15% 17% 17% 12%
0 2 0 1 1 1 1 2 1 1 7
Interest 4 6 9 12 13 17 22 28 34 33 30
Depreciation 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 5 7 8 8 8 8 4 1 1 1 -18
Tax % 10% 12% 12% 14% 24% 28% 23% 116% 27% 20% -0%
4 6 7 7 6 6 3 -0 1 1 -18
EPS in Rs 20.90 20.09 10.90 -0.57 2.86 1.78 -58.92
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -10%
5 Years: -26%
3 Years: -37%
TTM: -74%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -3404%
Stock Price CAGR
10 Years: -4%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 4%
5 Years: -5%
3 Years: -10%
Last Year: -37%

Balance Sheet

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Equity Capital 3 3 3 3 3 3 3 3 3 3 3
Reserves 15 22 29 36 42 48 52 51 52 53 35
16 25 39 41 55 77 119 167 162 168 269
49 58 41 49 45 63 63 33 40 39 19
Total Liabilities 83 108 113 129 145 191 236 254 257 263 326
6 6 5 7 7 6 7 6 6 5 4
CWIP 0 0 0 0 0 0 0 1 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0
77 102 107 122 138 185 230 247 251 258 322
Total Assets 83 108 113 129 145 191 236 254 257 263 326

Cash Flows

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
2 -6 -19 10 -6 -18 -46 -53 -53 -53 -69
-1 -0 -0 -3 -1 -0 -1 -1 0 0 -0
6 11 12 2 14 22 42 48 73 57 57
Net Cash Flow 8 5 -8 9 8 4 -5 -6 21 4 -12

Ratios

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016
Debtor Days 130 157 157 137 141 182 224 261 276 292 1,445
Inventory Days 20 10 26 50 54 49 44 130 132 138 489
Days Payable 137 140 97 117 100 118 101 74 94 96 165
Cash Conversion Cycle 14 27 86 70 96 112 167 317 314 334 1,770
Working Capital Days 45 64 120 114 132 149 206 357 356 381 2,149
ROCE % 32% 28% 27% 24% 22% 17% 15% 16% 15% 5%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

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