Taylormade Renewables Ltd
₹ 352
4.97%
13 Dec
- close price
About
Incorporated in 2010, Taylormade Renewables Ltd is in the business of providing renewable energy solutions[1]
Key Points
- Market Cap ₹ 390 Cr.
- Current Price ₹ 352
- High / Low ₹ 849 / 257
- Stock P/E 58.6
- Book Value ₹ 60.8
- Dividend Yield 0.00 %
- ROCE 33.4 %
- ROE 25.3 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 54.4% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.66%
- Company might be capitalizing the interest cost
- Company has high debtors of 232 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.07 | 2.45 | 8.40 | 12.09 | 18.17 | 19.65 | 25.22 | 3.49 | 0.41 | 6.07 | 19.79 | 46.90 | 55.88 | |
| 1.04 | 2.38 | 8.12 | 11.58 | 16.90 | 17.45 | 23.28 | 2.67 | 1.77 | 5.08 | 16.47 | 30.80 | 42.91 | |
| Operating Profit | 0.03 | 0.07 | 0.28 | 0.51 | 1.27 | 2.20 | 1.94 | 0.82 | -1.36 | 0.99 | 3.32 | 16.10 | 12.97 |
| OPM % | 2.80% | 2.86% | 3.33% | 4.22% | 6.99% | 11.20% | 7.69% | 23.50% | -331.71% | 16.31% | 16.78% | 34.33% | 23.21% |
| 0.02 | 0.00 | 0.01 | 0.02 | 0.02 | 0.02 | 0.04 | 0.09 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | |
| Interest | 0.00 | 0.00 | 0.16 | 0.34 | 0.50 | 0.70 | 0.11 | 0.42 | 0.27 | 0.63 | 0.46 | 0.60 | 0.61 |
| Depreciation | 0.03 | 0.03 | 0.08 | 0.08 | 0.13 | 0.16 | 0.25 | 0.28 | 0.22 | 0.17 | 0.23 | 0.36 | 0.89 |
| Profit before tax | 0.02 | 0.04 | 0.05 | 0.11 | 0.66 | 1.36 | 1.62 | 0.21 | -1.83 | 0.20 | 2.65 | 15.23 | 11.49 |
| Tax % | 0.00% | 25.00% | 0.00% | 18.18% | 36.36% | 28.68% | 25.31% | 38.10% | -0.55% | 15.00% | 25.66% | 30.27% | |
| 0.01 | 0.03 | 0.04 | 0.08 | 0.42 | 0.97 | 1.21 | 0.13 | -1.81 | 0.16 | 1.97 | 10.61 | 6.65 | |
| EPS in Rs | 10.00 | 30.00 | 0.89 | 1.78 | 9.33 | 1.47 | 1.23 | 0.13 | -1.84 | 0.16 | 2.01 | 9.56 | 6.00 |
| 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: | 13% |
| 3 Years: | 385% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 80% |
| 5 Years: | 54% |
| 3 Years: | 98% |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 129% |
| 3 Years: | 182% |
| 1 Year: | -50% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 16% |
| Last Year: | 25% |
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 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.45 | 0.45 | 0.45 | 6.58 | 9.82 | 9.82 | 9.82 | 9.82 | 9.82 | 11.09 | 11.09 |
| Reserves | 0.02 | 0.04 | 0.08 | 0.16 | 0.58 | 13.96 | 9.86 | 9.98 | 8.17 | 8.34 | 10.80 | 52.25 | 56.34 |
| 0.44 | 0.43 | 2.88 | 5.23 | 7.26 | 5.86 | 0.97 | 3.94 | 4.10 | 3.71 | 3.33 | 7.05 | 14.90 | |
| 0.46 | 1.17 | 1.01 | 2.07 | 2.30 | 3.74 | -0.01 | 0.17 | 0.18 | 6.43 | 7.65 | 25.15 | 22.49 | |
| Total Liabilities | 0.93 | 1.65 | 4.42 | 7.91 | 10.59 | 30.14 | 20.64 | 23.91 | 22.27 | 28.30 | 31.60 | 95.54 | 104.82 |
| 0.21 | 0.29 | 0.42 | 0.34 | 1.49 | 1.75 | 1.95 | 1.67 | 1.45 | 1.68 | 1.70 | 3.46 | 13.92 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.52 | 1.68 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.21 | 0.21 | 0.12 | 0.23 | 0.25 | 0.41 | 0.39 |
| 0.72 | 1.36 | 4.00 | 7.57 | 9.10 | 28.29 | 18.48 | 22.03 | 20.70 | 26.39 | 28.13 | 89.99 | 90.51 | |
| Total Assets | 0.93 | 1.65 | 4.42 | 7.91 | 10.59 | 30.14 | 20.64 | 23.91 | 22.27 | 28.30 | 31.60 | 95.54 | 104.82 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -2.34 | -2.05 | -0.26 | -2.42 | -7.74 | -1.57 | 0.14 | 1.16 | 2.06 | -21.93 | |||
| -0.21 | 0.02 | -1.26 | -0.36 | -0.53 | 0.09 | 0.12 | -0.50 | -1.79 | -10.29 | |||
| 2.73 | 2.01 | 1.53 | 16.19 | -2.21 | -1.39 | -0.27 | -0.62 | 0.03 | 32.12 | |||
| Net Cash Flow | 0.18 | -0.02 | 0.01 | 13.40 | -10.48 | -2.87 | -0.01 | 0.04 | 0.31 | -0.11 |
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 | 20.47 | 113.22 | 126.88 | 134.95 | 96.62 | 181.85 | 115.20 | 1,359.60 | 11,047.93 | 917.61 | 188.86 | 232.46 |
| Inventory Days | 195.23 | 110.80 | 39.37 | 104.07 | 95.31 | 97.35 | 72.34 | 1,885.83 | 844.95 | 502.67 | 191.88 | |
| Days Payable | 131.57 | 199.88 | 41.62 | 65.81 | 45.35 | 89.86 | 1.90 | 39.36 | 257.16 | 261.05 | 249.81 | |
| Cash Conversion Cycle | 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 | 174.54 |
| Working Capital Days | 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 | 427.57 |
| ROCE % | 4.04% | 8.42% | 10.80% | 9.73% | 16.42% | 11.88% | 7.35% | 2.84% | -6.90% | 3.78% | 13.57% | 33.39% |
Documents
Announcements
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General Announcement
2d - Launch of BOO model and land acquisition for expansion.
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
9 Dec - Resignation of Ms. Jinesha Anil Mehta as Company Secretary.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
27 Nov - Disclosure of investor meeting on sustainable energy.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
25 Nov - Schedule of analyst meetings on November 27, 2024.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Nov
Annual reports
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Financial Year 2024
from bse
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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 2014
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Financial Year 2013
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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.