Emkay Taps & Cutting Tools Ltd
Incorporated in 1995, Emkay Taps & Cutting Tools Ltd manufactures Taps & Cutting Tools and does production of Power through Windmill[1]
- Market Cap ₹ 104 Cr.
- Current Price ₹ 97.0
- High / Low ₹ 480 / 88.0
- Stock P/E 1.08
- Book Value ₹ 331
- Dividend Yield 0.00 %
- ROCE 19.3 %
- ROE 15.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.29 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.71.7 Cr.
* 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 89 | 103 | |
| 45 | 55 | |
| Operating Profit | 43 | 48 |
| OPM % | 49% | 47% |
| 16 | 45 | |
| Interest | 0 | 0 |
| Depreciation | 3 | 3 |
| Profit before tax | 57 | 90 |
| Tax % | 22% | 20% |
| 44 | 72 | |
| EPS in Rs | 41.24 | 67.20 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | -5% |
| 1 Year: | -72% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Equity Capital | 11 | 11 |
| Reserves | 215 | 288 |
| 6 | 6 | |
| 25 | 32 | |
| Total Liabilities | 257 | 337 |
| 16 | 14 | |
| CWIP | 0 | 0 |
| Investments | 187 | 255 |
| 53 | 69 | |
| Total Assets | 257 | 337 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 25 | 25 | |
| -28 | -23 | |
| 2 | 1 | |
| Net Cash Flow | 0 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 81 | 84 |
| Inventory Days | 518 | 350 |
| Days Payable | 155 | 91 |
| Cash Conversion Cycle | 443 | 343 |
| Working Capital Days | 88 | 95 |
| ROCE % | 19% |
Insights
In beta| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2017 | Mar 2019 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Actual Production - Taps & Cutting Tools Lakh Units ・Standalone data |
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| Capacity Utilization - Manufacturing % ・Standalone data |
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| Installed Capacity - Taps & Cutting Tools Lakh Units ・Standalone data |
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| Windmill Installed Capacity MW ・Standalone data |
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| Number of Authorized Dealers/Distributors Numbers ・Standalone data |
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| Number of Machines in Nagpur Plant Numbers ・Standalone data |
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| Number of Product Variants (SKUs) Numbers ・Standalone data |
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Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 January 2026 - RTA confirms Reg.74(5) not applicable; all shares dematerialised for quarter ended 31-Dec-2025.
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Outcome of Board Meeting
14 November 2025 - Board approved unaudited H1 results (Sep 30, 2025): profit ₹233.56 lakh, EPS ₹2.19.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
13 October 2025 - RTA confirms Reg.74(5) non-applicability for quarter ended 30 Sep 2025; all shares dematerialised.
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Trading Window
30 September 2025 - Trading window closed Oct 1, 2025 until 48 hours after H1 results (30 Sep 2025).
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Shareholders meeting
15 September 2025 - AGM Sept 15, 2025: audited FY2024-25 approved; Ajayprakash Kanoria reappointed; secretarial auditor appointed.
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.