Creative Castings Ltd
Incorporated in 1980, Creative Castings Ltd manufactures and sells all types of Steel and
Alloy Steel Investment Castings and generates power from wind energy[1]
- Market Cap ₹ 91.6 Cr.
- Current Price ₹ 705
- High / Low ₹ 1,196 / 430
- Stock P/E 20.5
- Book Value ₹ 274
- Dividend Yield 1.42 %
- ROCE 18.8 %
- ROE 13.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 2.58 times its book value
- Company has a low return on equity of 11.3% over last 3 years.
- Debtor days have increased from 85.7 to 106 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: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
29.15 | 31.31 | 27.19 | 20.95 | 24.93 | 25.43 | 33.37 | 30.30 | 31.31 | 29.86 | 41.70 | 50.73 | 53.97 | |
25.55 | 28.11 | 23.86 | 18.47 | 21.66 | 22.24 | 29.56 | 26.35 | 28.13 | 26.60 | 37.92 | 45.49 | 48.55 | |
Operating Profit | 3.60 | 3.20 | 3.33 | 2.48 | 3.27 | 3.19 | 3.81 | 3.95 | 3.18 | 3.26 | 3.78 | 5.24 | 5.42 |
OPM % | 12.35% | 10.22% | 12.25% | 11.84% | 13.12% | 12.54% | 11.42% | 13.04% | 10.16% | 10.92% | 9.06% | 10.33% | 10.04% |
0.36 | 0.69 | 0.78 | 0.14 | 0.61 | 0.67 | 0.89 | 1.06 | 1.34 | 1.30 | 1.03 | 2.00 | 1.38 | |
Interest | 0.10 | 0.01 | 0.00 | 0.03 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 |
Depreciation | 0.70 | 0.74 | 0.75 | 0.52 | 0.56 | 0.55 | 0.61 | 0.60 | 0.59 | 0.66 | 0.59 | 0.75 | 0.75 |
Profit before tax | 3.16 | 3.14 | 3.36 | 2.07 | 3.32 | 3.30 | 4.08 | 4.40 | 3.92 | 3.89 | 4.22 | 6.48 | 6.05 |
Tax % | 25.32% | 23.57% | 23.21% | 23.67% | 22.89% | 19.70% | 24.51% | 21.14% | 23.21% | 26.99% | 22.27% | 25.93% | |
2.36 | 2.39 | 2.58 | 1.58 | 2.56 | 2.65 | 3.08 | 3.47 | 3.01 | 2.83 | 3.28 | 4.79 | 4.48 | |
EPS in Rs | 18.15 | 18.38 | 19.85 | 12.15 | 19.69 | 20.38 | 23.69 | 26.69 | 23.15 | 21.77 | 25.23 | 36.85 | 34.45 |
Dividend Payout % | 27.54% | 43.51% | 12.60% | 8.23% | 15.23% | 49.06% | 42.21% | 37.46% | 43.19% | 45.94% | 39.63% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 9% |
3 Years: | 17% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 15% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 26% |
1 Year: | 64% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | 11% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
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 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 | 1.30 |
Reserves | 10.94 | 12.11 | 14.32 | 15.72 | 17.81 | 18.84 | 22.03 | 23.99 | 25.33 | 27.41 | 29.77 | 33.51 | 34.27 |
0.78 | 0.00 | 2.24 | 0.00 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | 0.23 | |
6.26 | 5.41 | 3.40 | 3.75 | 3.85 | 3.85 | 5.37 | 5.76 | 6.02 | 4.56 | 5.44 | 7.21 | 9.59 | |
Total Liabilities | 19.28 | 18.82 | 21.26 | 20.77 | 23.13 | 23.99 | 28.70 | 31.05 | 32.65 | 33.27 | 36.51 | 42.14 | 45.39 |
3.37 | 3.04 | 7.41 | 7.24 | 7.11 | 7.57 | 7.64 | 7.22 | 6.72 | 6.38 | 6.34 | 6.18 | 9.35 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.00 |
Investments | 0.18 | 1.68 | 2.23 | 2.23 | 4.13 | 5.28 | 5.48 | 9.26 | 9.43 | 11.40 | 8.25 | 7.53 | 7.48 |
15.73 | 14.10 | 11.62 | 11.30 | 11.89 | 11.14 | 15.58 | 14.57 | 16.50 | 15.49 | 21.92 | 28.18 | 28.56 | |
Total Assets | 19.28 | 18.82 | 21.26 | 20.77 | 23.13 | 23.99 | 28.70 | 31.05 | 32.65 | 33.27 | 36.51 | 42.14 | 45.39 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.84 | 3.76 | 5.50 | 1.83 | 1.85 | 4.23 | 0.97 | 4.74 | 2.48 | 1.79 | 0.36 | -0.48 | |
-0.07 | -1.84 | -5.49 | -0.24 | -2.03 | -1.81 | -0.75 | -3.46 | 0.03 | -1.27 | 3.05 | 0.34 | |
-1.22 | -1.55 | 0.15 | -1.79 | 0.01 | -2.21 | -0.01 | -1.58 | -1.57 | -1.31 | -1.30 | -1.18 | |
Net Cash Flow | -0.45 | 0.37 | 0.16 | -0.20 | -0.17 | 0.21 | 0.21 | -0.30 | 0.94 | -0.79 | 2.11 | -1.33 |
Ratios
Figures in Rs. Crores
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 | 104.30 | 69.01 | 66.72 | 97.22 | 90.04 | 75.35 | 94.83 | 91.67 | 73.91 | 79.94 | 71.42 | 105.69 |
Inventory Days | 145.94 | 138.93 | 118.34 | 142.24 | 111.81 | 118.01 | 88.10 | 110.30 | 167.43 | 169.81 | 151.00 | 118.79 |
Days Payable | 114.17 | 80.93 | 46.79 | 111.38 | 76.46 | 103.26 | 104.79 | 103.55 | 98.78 | 47.15 | 42.00 | 53.56 |
Cash Conversion Cycle | 136.08 | 127.01 | 138.27 | 128.08 | 125.39 | 90.11 | 78.14 | 98.42 | 142.56 | 202.60 | 180.42 | 170.92 |
Working Capital Days | 114.20 | 91.51 | 95.58 | 125.09 | 119.47 | 103.20 | 108.40 | 95.04 | 95.71 | 116.37 | 110.81 | 128.79 |
ROCE % | 25.82% | 21.49% | 21.49% | 12.04% | 18.35% | 16.84% | 19.23% | 18.06% | 15.14% | 13.19% | 12.91% | 18.85% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
- Disclosures Under Reg. 7(2) Of SEBI (PIT) Regulations, 2015 And Reg. 29(2) Of SEBI (SAST) Regulations, 2011 On Account Of Acquistion And Sale Of Shares Through Gift. 24 Mar
- Regulation 7(1)(B) Disclosure Under SEBI (PIT) Regulations, 2015 For Inclusion Of The Name Of Mr. Nachiketa Bambhania In The List Of Members Of The Promoters Group 5 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 26 Feb
- Disclosures Under Reg. 7(2) Of SEBI (PIT) Regulations, 2015 And Reg. 29(2) Of SEBI (SAST) Regulations, 2011 On Account Of Acquistion And Sale Of Shares Through Gift. 24 Feb
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2005
from bse
-
Financial Year 2004
from bse
Business Overview:[1][2]
Company is a ferrous investment & precision casting manufacturer and exporter of the lost wax process. It supplies over 5593 different types of castings in as cast & in fully machined conditions for various engineering applications viz. pumps & valves, Defense, oil & refinery, fire control equipment automobiles, etc. It generates revenue from windmill turbines