New Swan Multitech Ltd
Incorporated in 2014, New Swan Multitech Limited manufactures precision-engineered components and parts for two sectors: the automotive industry and modern farming.[1]
- Market Cap ₹ 106 Cr.
- Current Price ₹ 55.5
- High / Low ₹ 114 / 48.0
- Stock P/E 10.8
- Book Value ₹ 38.7
- Dividend Yield 0.00 %
- ROCE 21.4 %
- ROE 19.0 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 24.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.20% over past five years.
- Working capital days have increased from 24.6 days to 89.0 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: Auto Ancillaries Industry: Auto Ancillaries
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 123 | 127 | 149 | 145 | 150 | 152 | 158 | |
| 114 | 117 | 137 | 133 | 130 | 128 | 134 | |
| Operating Profit | 9 | 10 | 12 | 12 | 21 | 23 | 24 |
| OPM % | 8% | 8% | 8% | 8% | 14% | 15% | 15% |
| 0 | 0 | -0 | -0 | 0 | -0 | 1 | |
| Interest | 2 | 2 | 3 | 3 | 3 | 5 | 5 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 4 | 4 |
| Profit before tax | 6 | 6 | 6 | 6 | 14 | 14 | 15 |
| Tax % | 15% | 27% | 32% | 32% | 29% | 35% | |
| 5 | 4 | 4 | 4 | 10 | 9 | 10 | |
| EPS in Rs | 14.77 | 11.54 | 11.43 | 10.74 | 28.74 | 4.94 | 5.15 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 1% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 32% |
| TTM: | -7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 24% |
| Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 19 | 19 |
| Reserves | 7 | 10 | 14 | 18 | 28 | 49 | 55 |
| 26 | 36 | 44 | 45 | 39 | 43 | 38 | |
| 32 | 55 | 58 | 59 | 61 | 45 | 39 | |
| Total Liabilities | 67 | 105 | 119 | 125 | 132 | 157 | 151 |
| 31 | 43 | 44 | 45 | 48 | 50 | 52 | |
| CWIP | 6 | 6 | 7 | 7 | 8 | 8 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 31 | 56 | 68 | 72 | 76 | 99 | 91 | |
| Total Assets | 67 | 105 | 119 | 125 | 132 | 157 | 151 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 8 | 11 | 13 | 5 | 8 | -4 | |
| -10 | -18 | -11 | -8 | 0 | -6 | |
| 3 | 6 | -2 | 2 | -8 | 20 | |
| Net Cash Flow | 1 | -2 | 0 | -1 | 0 | 10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 9 | 10 | 18 | 31 | 27 | 32 |
| Inventory Days | 78 | 170 | 140 | 112 | 185 | 222 |
| Days Payable | 112 | 221 | 169 | 163 | 166 | 89 |
| Cash Conversion Cycle | -24 | -41 | -12 | -20 | 46 | 166 |
| Working Capital Days | -26 | -33 | -20 | -26 | 11 | 89 |
| ROCE % | 18% | 16% | 14% | 26% | 21% |
Documents
Announcements
-
Statement Of Deviation & Variation For Half Year Ended On March 31, 2025
15 May - IPO proceeds fully utilized as of March 31, 2025; no further deviation filings required.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Company confirms it is not a 'Large Corporate' under SEBI circular, no disclosure required.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31.03.2025
-
Closure of Trading Window
29 Mar - Closure of trading window for securities.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jan - Certificate under SEBI regulations for Q4 2024.
Product Portfolio
A) Automotive Sector [1]
The company's product portfolio includes assembly engine hangers, hinge body covers, front cover stay components, fuel filler cap components, main stand complete assemblies, engine guard plates, rear brake arm assemblies, separator breathers, cable guide assemblies, battery tray components, and many other parts that are important for two-wheeler vehicles.
They design and manufacture brackets, such as cooling recovery reservoir brackets, exhaust tailpipe brackets, fuse block brackets, floor panel brackets, and passenger car air cleaner inlet hose brackets