Arcotech Ltd
About
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Arcotech is principally engaged in the business of manufacturing non-ferrous semis.
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- Market Cap ₹ 23.1 Cr.
- Current Price ₹ 2.20
- High / Low ₹ 4.20 / 0.70
- Stock P/E
- Book Value ₹ 9.31
- Dividend Yield 0.00 %
- ROCE -13.1 %
- ROE -41.7 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.24 times its book value
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -35.10% over past five years.
- Promoter holding is low: 39.96%
- Company has a low return on equity of -25.97% for last 3 years.
- Contingent liabilities of Rs.76.45 Cr.
- Company might be capitalizing the interest cost
- Promoters have pledged 45.65% of their holding.
- Company has high debtors of 1173.09 days.
- Promoter holding has decreased over last 3 years: -34.38%
Peer comparison
Sector: Non Ferrous Metals Industry: Mining / Minerals / Metals
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Quarterly Results
Figures in Rs. Crores
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
218.40 | 155.26 | 127.07 | 117.24 | 52.54 | 40.50 | 30.30 | 2.75 | 1.94 | 0.00 | 7.13 | 18.64 | |
221.10 | 133.84 | 126.40 | 178.36 | 84.14 | 77.50 | 33.07 | 8.01 | 23.50 | 0.51 | 8.03 | 19.47 | |
Operating Profit | -2.70 | 21.42 | 0.67 | -61.12 | -31.60 | -37.00 | -2.77 | -5.26 | -21.56 | -0.51 | -0.90 | -0.83 |
OPM % | -1.24% | 13.80% | 0.53% | -52.13% | -60.14% | -91.36% | -9.14% | -191.27% | -1,111.34% | -12.62% | -4.45% | |
Other Income | 0.30 | 0.38 | 0.62 | 0.54 | 0.74 | 0.15 | 0.47 | 0.24 | 0.31 | 0.06 | 0.01 | -0.02 |
Interest | 22.29 | 13.77 | 15.87 | 12.41 | 16.03 | 7.62 | 10.48 | 9.59 | -14.61 | 5.41 | 5.48 | 7.83 |
Depreciation | 2.05 | 2.54 | 2.55 | 2.72 | 2.79 | 2.77 | 2.77 | 2.77 | 2.77 | 2.77 | 2.77 | 2.77 |
Profit before tax | -26.74 | 5.49 | -17.13 | -75.71 | -49.68 | -47.24 | -15.55 | -17.38 | -9.41 | -8.63 | -9.14 | -11.45 |
Tax % | 42.26% | 43.53% | 29.01% | 34.47% | 32.63% | 34.42% | 22.83% | 27.85% | 65.99% | 35.23% | 34.57% | 27.69% |
Net Profit | -15.44 | 3.09 | -12.16 | -49.61 | -33.47 | -30.98 | -12.00 | -12.53 | -3.20 | -5.59 | -5.98 | -8.28 |
EPS in Rs | -1.47 | 0.29 | -1.16 | -4.72 | -3.19 | -2.95 | -1.14 | -1.19 | -0.30 | -0.53 | -0.57 | -0.79 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
46 | 93 | 202 | 253 | 369 | 625 | 656 | 728 | 734 | 764 | 452 | 75 | 28 | |
44 | 76 | 168 | 213 | 318 | 534 | 563 | 630 | 629 | 684 | 520 | 142 | 52 | |
Operating Profit | 3 | 17 | 34 | 40 | 52 | 91 | 93 | 98 | 105 | 80 | -67 | -67 | -24 |
OPM % | 6% | 18% | 17% | 16% | 14% | 15% | 14% | 13% | 14% | 10% | -15% | -88% | -86% |
Other Income | 1 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 3 | 4 | 2 | 1 | 0 |
Interest | 1 | 4 | 11 | 15 | 20 | 38 | 39 | 40 | 62 | 72 | 61 | 13 | 4 |
Depreciation | 1 | 1 | 2 | 2 | 3 | 4 | 4 | 5 | 6 | 8 | 11 | 11 | 11 |
Profit before tax | 1 | 12 | 22 | 23 | 31 | 51 | 52 | 56 | 41 | 4 | -137 | -90 | -39 |
Tax % | -316% | 34% | 34% | 23% | 25% | 35% | 35% | 35% | 33% | 9% | 33% | 34% | |
Net Profit | 5 | 8 | 14 | 18 | 23 | 33 | 34 | 36 | 27 | 4 | -92 | -59 | -23 |
EPS in Rs | 0.51 | 0.77 | 1.42 | 1.77 | 2.29 | 3.15 | 3.22 | 3.47 | 2.60 | 0.37 | -8.78 | -5.59 | -2.19 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 1% | 6% | 9% | 12% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | -35% |
3 Years: | -53% |
TTM: | -78% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 74% |
Stock Price CAGR | |
---|---|
10 Years: | -10% |
5 Years: | -50% |
3 Years: | -63% |
1 Year: | 76% |
Return on Equity | |
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10 Years: | 3% |
5 Years: | -9% |
3 Years: | -26% |
Last Year: | -42% |
Balance Sheet
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
20 | 20 | 20 | 20 | 20 | 21 | 21 | 21 | 21 | 21 | 30 | 23 | 21 | |
Reserves | 17 | 25 | 39 | 57 | 80 | 115 | 146 | 178 | 206 | 206 | 140 | 88 | 77 |
Borrowings | 9 | 45 | 70 | 80 | 141 | 214 | 203 | 313 | 300 | 347 | 442 | 445 | 385 |
7 | 9 | 33 | 52 | 94 | 110 | 150 | 196 | 211 | 206 | 114 | 73 | 143 | |
Total Liabilities | 52 | 99 | 162 | 209 | 334 | 460 | 520 | 709 | 738 | 779 | 716 | 627 | 626 |
14 | 32 | 41 | 49 | 69 | 87 | 93 | 120 | 139 | 186 | 192 | 181 | 175 | |
CWIP | 2 | 4 | 2 | 2 | 2 | 0 | 11 | 54 | 14 | 0 | 0 | 0 | 0 |
Investments | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
35 | 63 | 119 | 158 | 263 | 373 | 416 | 535 | 584 | 593 | 524 | 446 | 451 | |
Total Assets | 52 | 99 | 162 | 209 | 334 | 460 | 520 | 709 | 738 | 779 | 716 | 627 | 626 |
Cash Flows
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-2 | -18 | 10 | 22 | 21 | 0 | 41 | -3 | 48 | 56 | -94 | 37 | |
0 | -18 | -7 | -16 | -32 | 0 | -30 | -73 | 9 | -39 | -15 | 0 | |
2 | 37 | -2 | -4 | 16 | 0 | -7 | 76 | -56 | -17 | 110 | -37 | |
Net Cash Flow | 0 | 1 | 1 | 2 | 4 | 0 | 5 | 1 | 0 | 0 | 0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
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ROCE % | 6% | 23% | 30% | 27% | 25% | 30% | 25% | 22% | 20% | 14% | -13% | -13% |
Debtor Days | 39 | 96 | 117 | 111 | 124 | 98 | 98 | 120 | 122 | 138 | 228 | 1,173 |
Inventory Turnover | 4.16 | 3.82 | 4.47 | 3.53 | 3.45 | 3.62 | 3.02 | 3.02 | 2.85 | 3.12 | 3.12 | 1.54 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 12 Feb
- Announcement under Regulation 30 (LODR)-Change in Directorate 12 Feb
- 1. Approved The Standalone Unaudited Financial Results Along With Auditor'S Limited Review Report Prepared In Accordance With The IND-AS For The Quarter & Nine Month Ended 31Th December, 2020 As Reviewed By The Audit Committee. 12 Feb
- Outcome Of Board Meeting Held On Friday, 12Th February, 2021 12 Feb
- Board Meeting Intimation for Inter Alia, To Consider And Approve The Un-Audited Financial Results For The Quarter Ended 31St December, 2020, 4 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2010 from bse