Sunita Tools Ltd
Incorporated in 1988, Sunita Tools Ltd is in the business of manufacturing, machining & grinding of engineering of goods, steel plates & manufacture of mould base & dies sets[1]
- Market Cap ₹ 362 Cr.
- Current Price ₹ 593
- High / Low ₹ 1,064 / 363
- Stock P/E 71.2
- Book Value ₹ 77.4
- Dividend Yield 0.00 %
- ROCE 17.3 %
- ROE 14.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 59.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.3%
Cons
- Stock is trading at 7.67 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -5.80%
- Company has high debtors of 180 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: Engineering Industry: Engineering
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 6.44 | 6.66 | 8.73 | 13.84 | 26.09 | 29.62 | |
| 4.48 | 4.91 | 6.51 | 9.04 | 18.32 | 21.88 | |
| Operating Profit | 1.96 | 1.75 | 2.22 | 4.80 | 7.77 | 7.74 |
| OPM % | 30.43% | 26.28% | 25.43% | 34.68% | 29.78% | 26.13% |
| 0.29 | 0.25 | 0.15 | 0.33 | 0.19 | 0.53 | |
| Interest | 1.39 | 1.36 | 1.15 | 1.55 | 1.19 | 0.52 |
| Depreciation | 0.37 | 0.37 | 0.41 | 0.62 | 0.63 | 0.94 |
| Profit before tax | 0.49 | 0.27 | 0.81 | 2.96 | 6.14 | 6.81 |
| Tax % | 0.00% | 3.70% | 0.00% | -1.35% | 21.01% | 25.40% |
| 0.49 | 0.27 | 0.81 | 3.00 | 4.85 | 5.09 | |
| EPS in Rs | 27.15 | 14.96 | 44.88 | 6.97 | 8.62 | 8.33 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 50% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 85% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 36% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.81 | 1.81 | 1.81 | 4.31 | 5.63 | 6.11 |
| Reserves | -5.43 | -5.29 | -4.48 | -1.08 | 20.00 | 41.17 |
| 14.93 | 13.34 | 12.49 | 16.60 | 7.84 | 4.14 | |
| 2.19 | 3.66 | 4.41 | 5.55 | 5.01 | 6.04 | |
| Total Liabilities | 13.50 | 13.52 | 14.23 | 25.38 | 38.48 | 57.46 |
| 2.20 | 2.13 | 2.24 | 4.18 | 6.25 | 9.47 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.75 |
| 11.30 | 11.39 | 11.99 | 21.20 | 32.23 | 46.24 | |
| Total Assets | 13.50 | 13.52 | 14.23 | 25.38 | 38.48 | 57.46 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 3.22 | 2.62 | -2.77 | -3.35 | -8.10 | ||
| -0.32 | -0.50 | -2.34 | -2.70 | -5.59 | ||
| -2.95 | -2.01 | 5.06 | 7.67 | 12.35 | ||
| Net Cash Flow | -0.04 | 0.11 | -0.05 | 1.62 | -1.35 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 92.95 | 135.37 | 116.65 | 163.25 | 182.15 | 180.16 |
| Inventory Days | 1,743.50 | 1,313.61 | 718.72 | 679.22 | 333.95 | 424.34 |
| Days Payable | 641.41 | 591.42 | 366.03 | 334.83 | 69.19 | 77.97 |
| Cash Conversion Cycle | 1,195.04 | 857.56 | 469.35 | 507.64 | 446.91 | 526.53 |
| Working Capital Days | 262.98 | 317.32 | 230.37 | 358.41 | 326.67 | 370.91 |
| ROCE % | 15.40% | 19.92% | 30.42% | 27.50% | 17.27% |
Documents
Announcements
- Clarification Regarding Inadvertent Upload 3m
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Board Meeting Outcome for Outcome Of Board Meeting Held On May 21, 2025
5h - Naksh Precious Metals approved incorporation of a new Indian private limited subsidiary on May 21, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
13 May - Sunita Tools completes artillery shell plant purchase, starts refurbishing for defense production expansion.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
13 May - Sunita Tools announces FY 2024-25 audited results; growth despite steel price drop; new projects and partnerships underway.
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Results For The Financial Year Ended March 31, 2025
9 May - Approved audited FY25 results; proposed equity capital raise subject to shareholder approval.
Concalls
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Nov 2024TranscriptPPTREC
Business Overview:[1]
STL operates in the engineering and mould-based business, offering customized solutions to various industries. The company manufactures ground plates, mould bases, and precision CNC machining parts, which are essential for manufacturing sectors such as automotive, pharmaceutical, electronics, and consumer goods. STL's products, including mould bases and machined parts, serve as industrial capital goods for these industries.