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 ₹ 1,043 Cr.
- Current Price ₹ 977
- High / Low ₹ 1,111 / 414
- Stock P/E 25.2
- Book Value ₹ 280
- Dividend Yield 0.00 %
- ROCE 19.3 %
- ROE 15.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.44.8 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
Sector: Engineering Industry: Engineering
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | 41.35 | 67.38 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 56% |
| 3 Years: | 83% |
| 1 Year: | 148% |
| 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 | 112 | 118 |
| ROCE % | 19% |
Documents
Announcements
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Shareholders meeting
4 September 2024 - Emkay Taps and Cutting Tools Limited has informed regarding Proceedings of Annual General Meeting held on September 04, 2024. Further, the company has submitted the …
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Copy of Newspaper Publication
12 August 2024 - Emkay Taps and Cutting Tools Limited has informed about Copy of Newspaper Publication
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Book Closure
10 August 2024 - Register of Members & Share Transfer Books of the Company will remain closed from 30-Aug-2024 to 04-Sep-2024 for the purpose of Meeting.
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Notice Of Shareholders Meetings-XBRL
10 August 2024 - EMKAY TAPS AND CUTTING TOOLS LIMITED has informed about Notice of Shareholders Meeting for Annual General Meeting to be held on 04-Sep-2024
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Shareholders meeting
10 August 2024 - Emkay Taps and Cutting Tools Limited has informed regarding Notice of Annual General Meeting to be held on September 04, 2024
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.