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 ₹ 124 Cr.
- Current Price ₹ 65.3
- High / Low ₹ 145 / 52.8
- Stock P/E 12.7
- 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.
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: | % |
| 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
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Unaudited Financial Results For Half Year Ending 30Th September 2024
14 Nov - Unaudited financial results for half year ended September 2024.
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Board Meeting Outcome for Outcome Of Board Meeting
14 Nov - Unaudited financial results for half year ended September 2024.
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Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (LODR) Regulations, 2015 (SEBI Listing Regulations)
11 Nov - Statement of deviation in IPO fund utilization.
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Board Meeting Intimation for Board Meeting Intimation For Consider And Approve Un-Audited Financial Results For Half Yearly Ended 30Th September 2024
7 Nov - Board meeting to approve unaudited financial results.
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Reply In Respect Discrepancy Related To To Delay Submission Of Information Regarding Resignation Details Within 24 Hours. Ref: Exchange Communication Dated November 6, 2024 Regarding Additional Details Required For Corporate Announcement Filed Under Regulation 30 Of SEBI (LODR) Regulations, 2015 Submit Reason For Delay For Not Informing The Details Of Resignation Of (Change In Directors, KMP (Managing Director, Chief Executive Officer, Chief Financial Officer, Company Secretary Etc.), Senior Management, Auditor And Compliance Officer) To The Exchange Within 24 Hours From The Effective Date Of Resignation
7 Nov - Company explains delay in resignation disclosure.
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