Emkay Taps & Cutting Tools Ltd

Emkay Taps & Cut Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Emkay Taps & Cutting Tools Ltd

₹ 123 -1.56%
05 Dec 3:31 p.m.
etctl.com NSE - SME: EMKAYTOOLS
About

Incorporated in 1995, Emkay Taps & Cutting Tools Ltd manufactures Taps & Cutting Tools and does production of Power through Windmill[1]

Key Points

Business Overview:[1][2]
ETCTL manufactures high-speed steel (HSS) threading taps and cutting tools, mainly for the automobile and auto ancillary industries. It also owns and operates wind-mills in Rajasthan and Karnataka.

Website NSE - SM
  • Market Cap ₹ 131 Cr.
  • Current Price ₹ 123
  • High / Low ₹ 512 / 120
  • Stock P/E
  • Book Value ₹ 271
  • Dividend Yield 0.00 %
  • ROCE -0.35 %
  • ROE -0.36 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.46 times its book value
  • Company's working capital requirements have reduced from 65.2 days to 12.5 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -3.75% over past five years.
  • Company has a low return on equity of 9.67% over last 3 years.

* 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

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025
27.27 23.40 19.81 36.46 32.92 37.88 44.54 44.07 48.91 54.54 0.82 41.04 32.13
14.82 15.54 13.44 19.73 17.90 19.33 21.01 24.15 24.89 30.46 3.57 42.52 33.22
Operating Profit 12.45 7.86 6.37 16.73 15.02 18.55 23.53 19.92 24.02 24.08 -2.75 -1.48 -1.09
OPM % 45.65% 33.59% 32.16% 45.89% 45.63% 48.97% 52.83% 45.20% 49.11% 44.15% -335.37% -3.61% -3.39%
0.82 0.62 2.76 6.60 9.23 4.64 3.35 13.07 16.54 28.27 43.26 -7.59 4.45
Interest 0.03 0.02 0.03 0.02 0.04 0.07 0.05 0.09 0.06 0.16 0.00 0.07 0.07
Depreciation 1.42 1.56 1.68 1.69 1.58 1.76 1.54 1.57 1.30 1.31 0.12 0.12 0.11
Profit before tax 11.82 6.90 7.42 21.62 22.63 21.36 25.29 31.33 39.20 50.88 40.39 -9.26 3.18
Tax % 29.44% 14.93% 18.46% 17.81% 17.76% 22.10% 23.84% 20.65% 21.28% 19.34% 13.22% -11.12% 26.73%
8.33 5.86 6.06 17.77 18.60 16.66 19.26 24.86 30.87 41.03 35.05 -8.24 2.34
EPS in Rs 7.79 5.48 5.66 16.61 17.38 15.57 18.00 23.23 28.85 38.35 32.76 -7.70 2.19
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
29.75 44.14 49.12 52.65 55.69 64.16 50.65 56.19 70.70 88.58 103.27 41.85 73.17
18.43 27.41 32.24 33.88 32.78 35.47 30.29 33.06 37.09 45.10 55.09 46.07 75.74
Operating Profit 11.32 16.73 16.88 18.77 22.91 28.69 20.36 23.13 33.61 43.48 48.18 -4.22 -2.57
OPM % 38.05% 37.90% 34.36% 35.65% 41.14% 44.72% 40.20% 41.16% 47.54% 49.09% 46.65% -10.08% -3.51%
0.26 2.47 4.67 2.13 6.20 -12.58 1.44 9.36 13.87 16.42 44.81 35.66 -3.14
Interest 0.03 0.15 0.22 0.40 0.48 0.35 0.11 0.07 0.15 0.17 0.30 0.07 0.14
Depreciation 2.57 2.64 2.22 2.84 3.16 2.93 2.99 3.37 3.33 3.11 2.61 0.24 0.23
Profit before tax 8.98 16.41 19.11 17.66 25.47 12.83 18.70 29.05 44.00 56.62 90.08 31.13 -6.08
Tax % 36.08% 33.94% 26.48% 32.96% 21.91% 58.92% 24.12% 17.97% 19.86% 22.06% 20.18% 13.85%
5.74 10.84 14.05 11.85 19.89 5.27 14.20 23.83 35.26 44.13 71.90 26.82 -5.90
EPS in Rs 11.96 10.04 13.01 10.97 18.42 4.93 13.27 22.27 32.95 41.24 67.20 25.07 -5.51
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 2.68% 10.12% 3.01% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -1%
5 Years: -4%
3 Years: -16%
TTM: 32%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -108%
Stock Price CAGR
10 Years: %
5 Years: 33%
3 Years: -1%
1 Year: -74%
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 10%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 0.85 1.78 1.78 1.78 1.78 10.67 10.67 10.67 10.67 10.67 10.67 10.67 10.67
Reserves 48.71 56.25 70.58 82.68 102.15 97.88 111.09 135.08 170.34 215.25 288.24 277.02 279.36
1.86 1.67 2.26 5.10 4.27 2.86 3.36 0.00 3.27 5.73 6.48 4.00 0.00
6.70 7.18 6.12 7.68 9.65 16.57 11.19 13.06 19.17 25.19 32.05 7.15 3.61
Total Liabilities 58.12 66.88 80.74 97.24 117.85 127.98 136.31 158.81 203.45 256.84 337.44 298.84 293.64
15.57 13.94 16.39 18.15 16.99 17.11 20.95 19.06 19.03 16.45 13.85 2.15 2.07
CWIP 0.00 0.00 0.00 0.53 0.00 1.44 0.08 0.08 0.00 0.00 0.00 0.00 0.00
Investments 24.40 30.61 36.35 48.55 70.80 65.04 78.36 98.65 144.10 187.47 254.75 282.94 286.39
18.15 22.33 28.00 30.01 30.06 44.39 36.92 41.02 40.32 52.92 68.84 13.75 5.18
Total Assets 58.12 66.88 80.74 97.24 117.85 127.98 136.31 158.81 203.45 256.84 337.44 298.84 293.64

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
7.84 7.82 5.19 11.70 19.21 13.77 17.93 15.25 32.14 25.44 24.90 19.28
-7.79 -4.03 -5.88 -14.89 -17.31 -11.27 -17.25 -12.41 -34.85 -27.71 -22.97 19.25
0.00 -2.86 0.48 2.50 -1.67 -2.29 -0.72 -3.40 3.15 2.32 0.53 -40.69
Net Cash Flow 0.05 0.93 -0.21 -0.69 0.24 0.21 -0.04 -0.57 0.44 0.05 2.46 -2.16

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 91.40 78.97 81.96 92.34 99.16 93.92 100.46 117.25 89.83 80.93 84.08 1.05
Inventory Days 484.29 612.16 546.40 827.12 604.72 680.64 634.67 193.98 416.69 517.61 349.83 0.00
Days Payable 84.28 150.33 80.82 146.00 210.61 172.96 97.84 84.88 156.66 155.34 91.04
Cash Conversion Cycle 491.42 540.79 547.55 773.46 493.27 601.61 637.29 226.34 349.86 443.20 342.87 1.05
Working Capital Days 132.14 114.61 144.16 134.77 110.57 140.74 158.32 181.17 93.13 88.47 94.76 12.47
ROCE % 18.65% 29.81% 28.78% 21.90% 26.82% 11.98% 15.90% 15.56% 19.10% 20.54% 19.32% -0.35%

Shareholding Pattern

Numbers in percentages

Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025
74.57% 74.57% 74.57% 74.57% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99%
25.44% 25.43% 25.43% 25.44% 25.01% 25.01% 25.01% 25.01% 25.00% 25.01% 25.01% 25.01%
No. of Shareholders 87106961071351451592253383981,1401,398

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