Taylormade Renewables Ltd
₹ 609
4.99%
26 Apr
2:45 p.m.
About
Incorporated in 2010, Taylormade Renewables Ltd is in the business of providing renewable energy solutions[1]
Key Points
- Market Cap ₹ 675 Cr.
- Current Price ₹ 609
- High / Low ₹ 856 / 281
- Stock P/E 67.9
- Book Value ₹ 37.7
- Dividend Yield 0.00 %
- ROCE 13.7 %
- ROE 10.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 15.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.34%
- Company has a low return on equity of 0.53% over last 3 years.
- Company has high debtors of 189 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
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Half Yearly 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.92 | 1.07 | 2.45 | 8.40 | 12.09 | 18.17 | 19.65 | 25.22 | 3.49 | 0.41 | 6.07 | 19.79 | 38.36 | |
| 0.88 | 1.04 | 2.38 | 8.12 | 11.58 | 16.90 | 17.45 | 23.28 | 2.67 | 1.77 | 5.08 | 16.47 | 25.71 | |
| Operating Profit | 0.04 | 0.03 | 0.07 | 0.28 | 0.51 | 1.27 | 2.20 | 1.94 | 0.82 | -1.36 | 0.99 | 3.32 | 12.65 |
| OPM % | 4.35% | 2.80% | 2.86% | 3.33% | 4.22% | 6.99% | 11.20% | 7.69% | 23.50% | -331.71% | 16.31% | 16.78% | 32.98% |
| 0.01 | 0.02 | -0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.04 | 0.09 | 0.02 | 0.01 | 0.02 | 0.02 | |
| Interest | -0.00 | -0.00 | -0.00 | 0.16 | 0.34 | 0.50 | 0.70 | 0.11 | 0.42 | 0.27 | 0.63 | 0.46 | 0.51 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.08 | 0.08 | 0.13 | 0.16 | 0.25 | 0.28 | 0.22 | 0.17 | 0.23 | 0.30 |
| Profit before tax | 0.02 | 0.02 | 0.04 | 0.05 | 0.11 | 0.66 | 1.36 | 1.62 | 0.21 | -1.83 | 0.20 | 2.65 | 11.86 |
| Tax % | -0.00% | -0.00% | 25.00% | -0.00% | 18.18% | 36.36% | 28.68% | 25.31% | 38.10% | 0.55% | 15.00% | 25.66% | |
| 0.01 | 0.01 | 0.03 | 0.04 | 0.08 | 0.42 | 0.97 | 1.21 | 0.13 | -1.81 | 0.16 | 1.97 | 9.95 | |
| EPS in Rs | 10.00 | 10.00 | 30.00 | 0.89 | 1.78 | 9.33 | 1.47 | 1.23 | 0.13 | -1.84 | 0.16 | 2.01 | 9.26 |
| Dividend Payout % | -0.00% | -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: | 34% |
| 5 Years: | 0% |
| 3 Years: | 78% |
| TTM: | 191% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 70% |
| 5 Years: | 15% |
| 3 Years: | 147% |
| TTM: | 444% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 127% |
| 3 Years: | 339% |
| 1 Year: | 88% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 2% |
| 3 Years: | 1% |
| Last Year: | 10% |
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 | 0.01 | 0.01 | 0.01 | 0.45 | 0.45 | 0.45 | 6.58 | 9.82 | 9.82 | 9.82 | 9.82 | 9.82 | 10.99 |
| Reserves | 0.01 | 0.02 | 0.04 | 0.08 | 0.16 | 0.58 | 13.96 | 9.86 | 9.98 | 8.17 | 8.34 | 10.31 | 30.40 |
| 0.50 | 0.44 | 0.43 | 2.88 | 5.23 | 7.26 | 5.86 | 0.97 | 3.94 | 4.10 | 3.71 | 3.33 | 0.91 | |
| 0.50 | 0.46 | 1.17 | 1.01 | 2.07 | 2.30 | 3.74 | -0.01 | 0.17 | 0.18 | 6.43 | 8.14 | 11.57 | |
| Total Liabilities | 1.02 | 0.93 | 1.65 | 4.42 | 7.91 | 10.59 | 30.14 | 20.64 | 23.91 | 22.27 | 28.30 | 31.60 | 53.87 |
| 0.24 | 0.21 | 0.29 | 0.42 | 0.34 | 1.49 | 1.75 | 1.95 | 1.67 | 1.45 | 1.68 | 1.70 | 3.34 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 1.52 | 0.60 |
| Investments | 0.11 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.10 | 0.21 | 0.21 | 0.12 | 0.23 | 0.25 | 0.35 |
| 0.67 | 0.72 | 1.36 | 4.00 | 7.57 | 9.10 | 28.29 | 18.48 | 22.03 | 20.70 | 26.39 | 28.13 | 49.58 | |
| Total Assets | 1.02 | 0.93 | 1.65 | 4.42 | 7.91 | 10.59 | 30.14 | 20.64 | 23.91 | 22.27 | 28.30 | 31.60 | 53.87 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.00 | -2.34 | -2.05 | -0.26 | -2.42 | -7.74 | -1.57 | 0.14 | 1.16 | 2.06 | |||
| -0.00 | -0.21 | 0.02 | -1.26 | -0.36 | -0.53 | 0.09 | 0.12 | -0.50 | -1.79 | |||
| -0.00 | 2.73 | 2.01 | 1.53 | 16.19 | -2.21 | -1.39 | -0.27 | -0.62 | 0.03 | |||
| Net Cash Flow | -0.00 | 0.18 | -0.02 | 0.01 | 13.40 | -10.48 | -2.87 | -0.01 | 0.04 | 0.31 |
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 | 91.25 | 20.47 | 113.22 | 126.88 | 134.95 | 96.62 | 181.85 | 115.20 | 1,359.60 | 11,047.93 | 917.61 | 188.86 |
| Inventory Days | 858.82 | 195.23 | 110.80 | 39.37 | 104.07 | 95.31 | 97.35 | 72.34 | 1,885.83 | 844.95 | 502.67 | |
| Days Payable | 386.47 | 131.57 | 199.88 | 41.62 | 65.81 | 45.35 | 89.86 | 1.90 | 39.36 | 257.16 | 261.05 | |
| Cash Conversion Cycle | 563.60 | 84.13 | 24.15 | 124.63 | 173.21 | 146.58 | 189.34 | 185.65 | 1,359.60 | 12,894.40 | 1,505.40 | 430.48 |
| Working Capital Days | 63.48 | 23.88 | 17.88 | 117.32 | 158.20 | 131.98 | 206.93 | 224.18 | 2,277.85 | 18,196.59 | 1,192.41 | 338.07 |
| ROCE % | 5.00% | 4.04% | 8.42% | 10.80% | 9.73% | 16.42% | 11.88% | 7.35% | 2.84% | -6.90% | 3.78% | 13.72% |
Documents
Announcements
-
Clarification sought from Taylormade Renewables Ltd
1d - Exchange has sought clarification from Taylormade Renewables Ltd on April 24, 2024 with reference to significant movement in price, in order to ensure that investors …
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Apr
- Compliance Of Regulation 40 Of The Listing Obligation 10 Apr
- Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON APRIL 08TH 2024 8 Apr
- Appointment of Company Secretary and Compliance Officer 8 Apr
Annual reports
Concalls
-
Mar 2024TranscriptNotesPPT
Business Overview:[1][2][3]
Company is an SME which does manufacturing of Solar Parabolic Concentrating Systems for steam generation used in steam cooking and other industrial application, direct or in-direct heating, including solar air-conditioning, and solar space heating, solar drying, solar waste water evaporation and many more applications requiring thermal energy. Company does manufacturing of components and carries out Engineering, Procurement, and Construction work for renewable energy and solar thermal applications, primarily parabolic concentrators. Company also manufactures bio-mass cook stoves, Eco Chullas, CPC collectors for thermal, box cookers, dish cookers, solar CPC, PV cells and modules from Linuo-Ritter, Solar Dryers, etc.