Cospower Engineering Ltd
Incorporated in 2004, Cospower Engineering Ltd is in the business of manufacturing & supply of re-active power compensation systems, harmonic filters & other engineering goods[1]
- Market Cap ₹ 91.5 Cr.
- Current Price ₹ 610
- High / Low ₹ 795 / 260
- Stock P/E 48.7
- Book Value ₹ 121
- Dividend Yield 0.00 %
- ROCE 16.3 %
- ROE 14.8 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.04 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.19% over last 3 years.
- Debtor days have increased from 91.8 to 126 days.
- Promoter holding has decreased over last 3 years: -7.52%
* 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9.60 | 7.79 | 4.59 | 9.00 | 8.56 | 12.99 | 11.02 | 12.10 | 12.10 | 14.07 | 22.29 | 27.70 | |
| 9.11 | 7.08 | 4.12 | 8.54 | 7.88 | 11.93 | 9.63 | 10.48 | 10.25 | 13.04 | 19.04 | 21.74 | |
| Operating Profit | 0.49 | 0.71 | 0.47 | 0.46 | 0.68 | 1.06 | 1.39 | 1.62 | 1.85 | 1.03 | 3.25 | 5.96 |
| OPM % | 5.10% | 9.11% | 10.24% | 5.11% | 7.94% | 8.16% | 12.61% | 13.39% | 15.29% | 7.32% | 14.58% | 21.52% |
| 0.00 | 0.01 | 0.20 | 0.45 | 0.03 | 0.02 | 0.06 | 0.02 | 0.14 | 0.25 | 0.61 | 0.45 | |
| Interest | 0.32 | 0.51 | 0.48 | 0.39 | 0.36 | 0.32 | 0.31 | 0.50 | 0.65 | 0.63 | 1.90 | 2.36 |
| Depreciation | 0.06 | 0.15 | 0.08 | 0.05 | 0.04 | 0.04 | 0.04 | 0.05 | 0.19 | 0.28 | 1.77 | 1.87 |
| Profit before tax | 0.11 | 0.06 | 0.11 | 0.47 | 0.31 | 0.72 | 1.10 | 1.09 | 1.15 | 0.37 | 0.19 | 2.18 |
| Tax % | 36.36% | 33.33% | 45.45% | 42.55% | 35.48% | 26.39% | 27.27% | 33.03% | 34.78% | 43.24% | 42.11% | 29.82% |
| 0.08 | 0.05 | 0.07 | 0.28 | 0.19 | 0.53 | 0.81 | 0.73 | 0.75 | 0.21 | 0.11 | 1.53 | |
| EPS in Rs | 80.00 | 3.33 | 4.67 | 18.67 | 12.67 | 35.33 | 5.40 | 4.87 | 5.00 | 1.40 | 0.73 | 10.20 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 22.22% | 20.55% | 20.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 20% |
| 3 Years: | 32% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 44% |
| 5 Years: | 18% |
| 3 Years: | 36% |
| TTM: | 1609% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 56% |
| 3 Years: | 87% |
| 1 Year: | 110% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | 1.67 |
| Reserves | 0.29 | 0.38 | 0.45 | 0.72 | 0.92 | 1.55 | 4.25 | 4.80 | 5.40 | 5.61 | 5.72 | 16.50 |
| 2.53 | 3.90 | 4.13 | 4.28 | 4.43 | 2.51 | 2.51 | 5.85 | 10.34 | 17.55 | 19.58 | 18.26 | |
| 5.53 | 2.97 | 1.07 | 3.65 | 4.08 | 4.96 | 4.20 | 5.14 | 5.43 | 6.72 | 8.04 | 17.04 | |
| Total Liabilities | 8.36 | 7.40 | 5.80 | 8.80 | 9.58 | 9.17 | 12.46 | 17.29 | 22.67 | 31.38 | 34.84 | 53.47 |
| 1.06 | 0.97 | 0.27 | 0.23 | 0.22 | 0.21 | 0.20 | 1.84 | 2.67 | 3.24 | 11.71 | 11.55 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.89 | 3.60 | 9.10 | 1.42 | 0.00 |
| Investments | 0.03 | 0.07 | 0.01 | 0.01 | 0.01 | 0.26 | 0.20 | 0.52 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7.27 | 6.36 | 5.52 | 8.56 | 9.35 | 8.70 | 12.06 | 14.04 | 16.40 | 19.04 | 21.71 | 41.92 | |
| Total Assets | 8.36 | 7.40 | 5.80 | 8.80 | 9.58 | 9.17 | 12.46 | 17.29 | 22.67 | 31.38 | 34.84 | 53.47 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 1.08 | -0.01 | 2.43 | -1.21 | 1.40 | -0.01 | 0.21 | 5.56 | 2.44 | |||
| 0.00 | -0.08 | 0.02 | -0.14 | -0.34 | -2.74 | -3.69 | -6.32 | -2.54 | -0.27 | |||
| 0.00 | -0.53 | -0.33 | -2.19 | 1.73 | 1.29 | 3.25 | 5.74 | -3.02 | 6.38 | |||
| Net Cash Flow | 0.00 | 0.47 | -0.31 | 0.10 | 0.18 | -0.05 | -0.46 | -0.36 | 0.01 | 8.55 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 154.36 | 90.43 | 27.04 | 129.78 | 188.04 | 148.08 | 182.17 | 118.55 | 93.81 | 71.86 | 77.45 | 126.10 |
| Inventory Days | 93.96 | 195.17 | 479.06 | 127.44 | 143.14 | 71.80 | 233.78 | 294.40 | 463.20 | 405.42 | 310.91 | 424.05 |
| Days Payable | 250.88 | 167.78 | 104.08 | 127.44 | 177.73 | 171.27 | 170.37 | 127.17 | 177.67 | 183.33 | 127.09 | 226.67 |
| Cash Conversion Cycle | -2.56 | 117.82 | 402.02 | 129.78 | 153.45 | 48.61 | 245.58 | 285.78 | 379.34 | 293.94 | 261.27 | 323.48 |
| Working Capital Days | 42.96 | 116.20 | 291.84 | 182.91 | 276.73 | 79.80 | 219.93 | 180.09 | 240.42 | 248.52 | 182.75 | 194.89 |
| ROCE % | 16.57% | 12.88% | 17.41% | 12.58% | 21.42% | 22.61% | 15.48% | 12.25% | 4.77% | 8.12% | 16.29% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jul - No share dematerialization requests received for quarter ended June 30, 2025.
-
Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On Friday, June 06, 2025.
6 Jun - Audited FY25 results approved; new internal auditor appointed; unmodified audit opinion issued.
- Statement Of Audited Financial Results Together With Statement Of Assets And Liabilities For The Half Year & Year Ended 31St March 2025 6 Jun
-
Update on board meeting
29 May - Board meeting postponed to 6 June 2025 to approve FY25 audited results and appoint internal auditor.
-
Board Meeting Intimation for The Standalone Audited Financial Results Of The Company For The Half Year And Year Ended On 31St March, 2025 Along With Auditor''s Report
22 May - Board meeting on May 30, 2025, to approve FY25 results and appoint internal auditor.
Business Overview:[1]
Company is currently engaged in the business of manufacturing of electrical panels, harmonic filters and substation and equipment mounting structure. Company also provides turnkey services which involves supply, installation, commissioning, testing and comprehensive maintenance of electric products. There are few products which company does not manufacture but has to provide turnkey services by buying from other manufacturers. Company has extended its product range to other power related products that are needed to complete the electrical system.