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 ₹ 428 Cr.
- Current Price ₹ 700
- High / Low ₹ 1,064 / 350
- Stock P/E 64.2
- Book Value ₹ 75.6
- Dividend Yield 0.00 %
- ROCE 27.5 %
- ROE 33.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 9.26 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 182 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 6.44 | 6.66 | 8.73 | 13.84 | 26.09 | 32.87 | |
| 4.48 | 4.91 | 6.51 | 9.04 | 18.32 | 23.55 | |
| Operating Profit | 1.96 | 1.75 | 2.22 | 4.80 | 7.77 | 9.32 |
| OPM % | 30.43% | 26.28% | 25.43% | 34.68% | 29.78% | 28.35% |
| 0.29 | 0.25 | 0.15 | 0.33 | 0.19 | 0.71 | |
| Interest | 1.39 | 1.36 | 1.15 | 1.55 | 1.19 | 0.66 |
| Depreciation | 0.37 | 0.37 | 0.41 | 0.62 | 0.63 | 0.69 |
| Profit before tax | 0.49 | 0.27 | 0.81 | 2.96 | 6.14 | 8.68 |
| Tax % | 0.00% | 3.70% | 0.00% | -1.35% | 21.01% | |
| 0.49 | 0.27 | 0.81 | 3.00 | 4.85 | 6.66 | |
| EPS in Rs | 27.15 | 14.96 | 44.88 | 6.97 | 8.62 | 11.36 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 58% |
| TTM: | 89% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 162% |
| TTM: | 62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 91% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 34% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| 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 | 40.08 |
| 14.93 | 13.34 | 12.49 | 16.60 | 7.84 | 2.00 | |
| 2.19 | 3.66 | 4.41 | 5.55 | 5.01 | 4.20 | |
| Total Liabilities | 13.50 | 13.52 | 14.23 | 25.38 | 38.48 | 52.39 |
| 2.20 | 2.13 | 2.24 | 4.18 | 6.25 | 9.04 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.08 |
| 11.30 | 11.39 | 11.99 | 21.20 | 32.23 | 42.27 | |
| Total Assets | 13.50 | 13.52 | 14.23 | 25.38 | 38.48 | 52.39 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 3.22 | 2.62 | -2.77 | -3.35 | ||
| -0.32 | -0.50 | -2.34 | -2.70 | ||
| -2.95 | -2.01 | 5.06 | 7.67 | ||
| Net Cash Flow | -0.04 | 0.11 | -0.05 | 1.62 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 92.95 | 135.37 | 116.65 | 163.25 | 182.15 |
| Inventory Days | 1,743.50 | 1,313.61 | 718.72 | 679.22 | 333.95 |
| Days Payable | 641.41 | 591.42 | 366.03 | 334.83 | 69.19 |
| Cash Conversion Cycle | 1,195.04 | 857.56 | 469.35 | 507.64 | 446.91 |
| Working Capital Days | 262.98 | 317.32 | 230.37 | 358.41 | 326.67 |
| ROCE % | 15.40% | 19.92% | 30.42% | 27.50% |
Documents
Announcements
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
1d - Sunita Tools not classified as Large Corporate; no SEBI disclosures required for FY 2025-26.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
21 Mar - Sunita Tools receives Major LOI for 1,00,000 artillery shells.
- Closure of Trading Window 21 Mar
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
20 Mar - Appointment of Mr. Tarun Thapar as ED Technical.
Concalls
-
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.