Talbros Engineering Ltd
Incorporated in 1980, Talbros Engineering Ltd manufactures & sells Rear Axle Shafts[1]
- Market Cap ₹ 318 Cr.
- Current Price ₹ 626
- High / Low ₹ 840 / 500
- Stock P/E 17.7
- Book Value ₹ 267
- Dividend Yield 0.64 %
- ROCE 14.3 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 18.3% CAGR over last 5 years
- Debtor days have improved from 57.0 to 44.6 days.
Cons
* 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: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
130 | 117 | 126 | 139 | 161 | 204 | 269 | 216 | 239 | 351 | 444 | 410 | 411 | |
118 | 108 | 116 | 130 | 145 | 183 | 245 | 197 | 211 | 306 | 391 | 367 | 369 | |
Operating Profit | 12 | 9 | 10 | 10 | 16 | 21 | 24 | 19 | 28 | 45 | 53 | 43 | 42 |
OPM % | 9% | 8% | 8% | 7% | 10% | 10% | 9% | 9% | 12% | 13% | 12% | 10% | 10% |
1 | 3 | 3 | 2 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | |
Interest | 4 | 4 | 2 | 3 | 3 | 3 | 7 | 7 | 6 | 8 | 9 | 10 | 9 |
Depreciation | 2 | 3 | 4 | 4 | 4 | 5 | 7 | 8 | 8 | 9 | 9 | 10 | 10 |
Profit before tax | 8 | 6 | 7 | 5 | 10 | 13 | 11 | 5 | 14 | 29 | 38 | 24 | 24 |
Tax % | 32% | 34% | 31% | 35% | 31% | 31% | 36% | 20% | 26% | 24% | 26% | 26% | |
5 | 4 | 5 | 3 | 7 | 9 | 7 | 4 | 11 | 22 | 28 | 18 | 18 | |
EPS in Rs | 18.18 | 7.63 | 8.92 | 6.61 | 13.71 | 17.63 | 14.18 | 7.92 | 20.98 | 43.53 | 55.02 | 35.12 | 35.47 |
Dividend Payout % | 8% | 20% | 33% | 0% | 7% | 9% | 11% | 0% | 7% | 5% | 4% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 9% |
3 Years: | 20% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 18% |
3 Years: | 19% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 46% |
3 Years: | 38% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 19% |
3 Years: | 21% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 3 | 3 | 3 | 3 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 21 | 28 | 30 | 33 | 40 | 46 | 52 | 56 | 66 | 88 | 114 | 130 |
25 | 20 | 13 | 22 | 32 | 53 | 81 | 69 | 76 | 98 | 101 | 113 | |
21 | 17 | 20 | 18 | 23 | 33 | 48 | 31 | 41 | 56 | 54 | 41 | |
Total Liabilities | 68 | 67 | 66 | 76 | 97 | 138 | 186 | 160 | 188 | 246 | 275 | 289 |
22 | 22 | 21 | 21 | 41 | 54 | 66 | 79 | 75 | 86 | 110 | 120 | |
CWIP | 0 | 0 | 2 | 5 | 10 | 8 | 15 | 8 | 10 | 9 | 22 | 39 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
45 | 44 | 42 | 50 | 46 | 76 | 105 | 73 | 102 | 151 | 143 | 130 | |
Total Assets | 68 | 67 | 66 | 76 | 97 | 138 | 186 | 160 | 188 | 246 | 275 | 289 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 5 | 1 | 10 | 10 | 9 | 21 | 16 | 14 | 9 | 31 | 31 | |
-5 | -3 | -5 | -6 | -28 | -15 | -26 | -14 | -6 | -19 | -45 | -38 | |
1 | -0 | -1 | -4 | 19 | 7 | 4 | -3 | -4 | 6 | 14 | 7 | |
Net Cash Flow | 3 | 2 | -5 | -0 | 1 | 1 | -0 | -1 | 4 | -4 | 0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 53 | 48 | 44 | 44 | 41 | 51 | 58 | 52 | 62 | 74 | 52 | 45 |
Inventory Days | 70 | 77 | 76 | 85 | 105 | 149 | 143 | 112 | 130 | 106 | 100 | 112 |
Days Payable | 77 | 42 | 53 | 48 | 55 | 82 | 87 | 63 | 88 | 75 | 52 | 30 |
Cash Conversion Cycle | 46 | 83 | 68 | 81 | 91 | 118 | 114 | 102 | 104 | 104 | 100 | 126 |
Working Capital Days | 47 | 44 | 46 | 58 | 41 | 64 | 62 | 57 | 84 | 80 | 70 | 75 |
ROCE % | 28% | 20% | 19% | 16% | 20% | 18% | 16% | 9% | 15% | 22% | 23% | 14% |
Documents
Announcements
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Voting Results_38Th Annual General Meeting
30 Sep - Results of the 38th AGM and voting outcomes.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
30 Sep - Results of 38th AGM and voting outcomes.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
30 Sep - Re-appointment of Mr. Sarabjeet Singh as Independent Director.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
30 Sep - Final dividend payment announcement for FY 2023-24.
-
Announcement under Regulation 30 (LODR)-Date of payment of Dividend
30 Sep - Final dividend payment approved at 25% for FY 2023-24.
Annual reports
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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 2010
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Financial Year 2009
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Business Overview:[1][2]
TEL is a part of BNT Talbros Group. It is an IATF 16949:2016, ISO 14001:2015 & ISO 45001:2018 certified manufacturer of Semi-Float and Full Float Axle Shafts for OEM’s
in India, servicing Passenger Vehicle, Commercial Vehicle, Off-road and Tractor segments with their Light, Medium and Heavy Duty product range