Deem Roll-Tech Ltd
₹ 92.2
-0.54%
12 Dec
3:30 p.m.
- Market Cap ₹ 76.8 Cr.
- Current Price ₹ 92.2
- High / Low ₹ 210 / 74.2
- Stock P/E 13.0
- Book Value ₹ 103
- Dividend Yield 0.00 %
- ROCE 14.2 %
- ROE 11.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.90 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.0% over last 3 years.
- Working capital days have increased from 130 days to 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: Castings, Forgings & Fastners Industry: Castings & Forgings
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 63.79 | 91.70 | 103.37 | 100.83 | 97.28 | |
| 53.35 | 82.18 | 91.24 | 87.15 | 87.55 | |
| Operating Profit | 10.44 | 9.52 | 12.13 | 13.68 | 9.73 |
| OPM % | 16.37% | 10.38% | 11.73% | 13.57% | 10.00% |
| 0.82 | 0.42 | 1.15 | 0.60 | 0.91 | |
| Interest | 2.92 | 2.21 | 1.98 | 2.63 | 2.79 |
| Depreciation | 1.63 | 1.72 | 1.71 | 1.77 | 1.83 |
| Profit before tax | 6.71 | 6.01 | 9.59 | 9.88 | 6.02 |
| Tax % | 55.59% | 31.78% | 26.07% | 20.95% | |
| 2.98 | 4.10 | 7.08 | 7.81 | 5.92 | |
| EPS in Rs | 9.37 | 7.10 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 38% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 1.38 | 1.38 | 1.38 | 8.34 | 8.34 |
| Reserves | 32.18 | 36.27 | 47.84 | 75.92 | 77.33 |
| 18.02 | 16.37 | 20.81 | 22.47 | 22.90 | |
| 27.41 | 28.61 | 23.56 | 27.36 | 23.95 | |
| Total Liabilities | 78.99 | 82.63 | 93.59 | 134.09 | 132.52 |
| 34.26 | 33.15 | 33.08 | 34.02 | 34.79 | |
| CWIP | 0.20 | 0.74 | 0.68 | 0.58 | 1.34 |
| Investments | 0.00 | 1.00 | 0.00 | 0.00 | 14.61 |
| 44.53 | 47.74 | 59.83 | 99.49 | 81.78 | |
| Total Assets | 78.99 | 82.63 | 93.59 | 134.09 | 132.52 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 6.11 | 6.06 | -2.30 | -3.62 | |
| -1.60 | -2.05 | -0.49 | -2.51 | |
| -3.85 | -2.79 | 2.59 | 26.59 | |
| Net Cash Flow | 0.66 | 1.21 | -0.20 | 20.46 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 72.38 | 62.69 | 68.04 | 85.25 |
| Inventory Days | 301.84 | 138.21 | 159.21 | 252.91 |
| Days Payable | 185.15 | 98.52 | 77.10 | 103.27 |
| Cash Conversion Cycle | 189.07 | 102.39 | 150.15 | 234.89 |
| Working Capital Days | 123.36 | 90.83 | 116.52 | 181.72 |
| ROCE % | 15.57% | 18.65% | 14.15% |
Documents
Announcements
-
Statement of deviation(s) or variation(s) under Reg. 32
14 November 2024 - Deem Roll Tech Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
-
Financial Result Updates
14 November 2024 - Deem Roll Tech Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Outcome of Board Meeting
14 November 2024 - Deem Roll Tech Limited has informed regarding Board meeting held on November 14, 2024.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
10 October 2024 - Deem Roll Tech Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
8 October 2024 - Deem Roll Tech Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q2 FY 2024-25
Business Overview:[1][2]
a) DRTL manufactures steel rolls, essential components for the iron and steel rolling mill industry.
b) It produces steel and alloy rolls using materials like steel scrap, roll scrap, pig iron, nickel, ferro molybdenum, other ferro alloys, and resin-coated sand.
c) The company makes custom and various types of rolls for long product mills, flat product mills, and seamless tube rolling mills.
d) DRTL sells its rolls directly to rolling mill manufacturers and the replacement market, including iron and steel rolling mills, through a network of dealers, distributors, and agents. The rolls serve as consumables for these mills.