Taylormade Renewables Ltd
₹ 468
-2.24%
17 Sep
4:01 p.m.
About
Incorporated in 2010, Taylormade Renewables Ltd is in the business of providing renewable energy solutions[1]
Key Points
- Market Cap ₹ 519 Cr.
- Current Price ₹ 468
- High / Low ₹ 856 / 382
- Stock P/E 48.9
- Book Value ₹ 44.5
- Dividend Yield 0.00 %
- ROCE 39.4 %
- ROE 30.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 54.4% CAGR over last 5 years
Cons
- Stock is trading at 10.5 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 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 8 | 12 | 18 | 20 | 25 | 3 | 0 | 6 | 20 | 47 | |
| 1 | 2 | 8 | 12 | 17 | 17 | 23 | 3 | 2 | 5 | 16 | 31 | |
| Operating Profit | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 1 | -1 | 1 | 3 | 16 |
| OPM % | 3% | 3% | 3% | 4% | 7% | 11% | 8% | 24% | -332% | 16% | 17% | 34% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 0 | -2 | 0 | 3 | 15 |
| Tax % | 0% | 25% | 0% | 18% | 36% | 29% | 25% | 38% | -1% | 15% | 26% | 30% |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | -2 | 0 | 2 | 11 | |
| 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 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 34% |
| 5 Years: | 13% |
| 3 Years: | 385% |
| TTM: | 137% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 80% |
| 5 Years: | 54% |
| 3 Years: | 98% |
| TTM: | 439% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 144% |
| 3 Years: | 287% |
| 1 Year: | -16% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 10% |
| 3 Years: | 18% |
| Last Year: | 31% |
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 | 0 | 0 | 0 | 0 | 0 | 7 | 10 | 10 | 10 | 10 | 10 | 11 |
| Reserves | 0 | 0 | 0 | 0 | 1 | 14 | 10 | 10 | 8 | 8 | 10 | 38 |
| 0 | 0 | 3 | 5 | 7 | 6 | 1 | 4 | 4 | 4 | 3 | 7 | |
| 0 | 1 | 1 | 2 | 2 | 4 | -0 | 0 | 0 | 6 | 8 | 39 | |
| Total Liabilities | 1 | 2 | 4 | 8 | 11 | 30 | 21 | 24 | 22 | 28 | 32 | 96 |
| 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 1 | 4 | 8 | 9 | 28 | 18 | 22 | 21 | 26 | 28 | 90 | |
| Total Assets | 1 | 2 | 4 | 8 | 11 | 30 | 21 | 24 | 22 | 28 | 32 | 96 |
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 | -2 | -0 | -2 | -8 | -2 | 0 | 1 | 2 | -22 | |||
| -0 | 0 | -1 | -0 | -1 | 0 | 0 | -0 | -2 | -10 | |||
| 3 | 2 | 2 | 16 | -2 | -1 | -0 | -1 | 0 | 32 | |||
| Net Cash Flow | 0 | -0 | 0 | 13 | -10 | -3 | -0 | 0 | 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 | 20 | 113 | 127 | 135 | 97 | 182 | 115 | 1,360 | 11,048 | 918 | 189 | 232 |
| Inventory Days | 195 | 111 | 39 | 104 | 95 | 97 | 72 | 1,886 | 845 | 503 | 192 | |
| Days Payable | 132 | 200 | 42 | 66 | 45 | 90 | 2 | 39 | 257 | 261 | 250 | |
| Cash Conversion Cycle | 84 | 24 | 125 | 173 | 147 | 189 | 186 | 1,360 | 12,894 | 1,505 | 430 | 175 |
| Working Capital Days | 24 | 18 | 117 | 158 | 132 | 207 | 224 | 2,278 | 18,197 | 1,192 | 338 | 428 |
| ROCE % | 4% | 8% | 11% | 10% | 16% | 12% | 7% | 3% | -7% | 4% | 14% | 39% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Sep - News Papaper Advertisement for 14th AGM, Remote E-Voting and Book Closure information
-
Notice Of 14Th Annual General Meeting Of The Company Schedule To Be Held On Monday, 30Th September, 2024 @ 2.00 P.M At 1201 To 1215, 12Th Floor, Solitaire Connect, Nr. B.M.W Showroom, S. G. Highway, Makaraba, Jivraj Park, Ahmedabad- 380051, Gujarat.
6 Sep - Notice of 14th Annual General Meeting scheduled for September 30, 2024.
-
Reg. 34 (1) Annual Report.
6 Sep - Submission of Annual Report for FY 2023-24.
- BOOK CLOSURE FOR AGM 5 Sep
-
Appointment of Company Secretary and Compliance Officer
5 Sep - Appointment of Ms. Jinesha Anil Mehta as Company Secretary.
Annual reports
-
Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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.