Macpower CNC Machines Ltd
Macpower CNC Machines Limited is engaged in the manufacture of Computerized Numerically Controlled (CNC) machines and Lathe Machines.[1]
- Market Cap ₹ 1,148 Cr.
- Current Price ₹ 1,148
- High / Low ₹ 1,243 / 207
- Stock P/E 63.0
- Book Value ₹ 105
- Dividend Yield 0.13 %
- ROCE 19.3 %
- ROE 14.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 11.0 times its book value
- Company has a low return on equity of 13.2% over last 3 years.
- Working capital days have increased from 55.6 days to 81.2 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: Engineering Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
57 | 55 | 42 | 64 | 64 | 68 | 105 | 140 | 82 | 113 | 190 | 202 | 224 | |
55 | 53 | 41 | 62 | 62 | 66 | 94 | 124 | 77 | 104 | 170 | 181 | 196 | |
Operating Profit | 2 | 2 | 1 | 2 | 2 | 2 | 12 | 17 | 5 | 9 | 20 | 21 | 28 |
OPM % | 4% | 4% | 2% | 3% | 3% | 2% | 11% | 12% | 6% | 8% | 11% | 10% | 12% |
0 | 0 | 0 | 1 | 0 | 0 | 1 | 3 | 1 | 0 | 1 | 0 | 1 | |
Interest | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 4 |
Profit before tax | 1 | 1 | 0 | 0 | 1 | 1 | 11 | 18 | 4 | 7 | 18 | 17 | 24 |
Tax % | 36% | 29% | 34% | -26% | 35% | 20% | 35% | 30% | 30% | 11% | 30% | 26% | |
1 | 1 | 0 | 0 | 0 | 1 | 7 | 13 | 3 | 6 | 13 | 13 | 18 | |
EPS in Rs | 19.00 | 14.60 | 5.60 | 5.80 | 8.17 | 13.00 | 7.04 | 12.64 | 2.73 | 6.03 | 12.83 | 12.88 | 18.22 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 14% | 8% | 0% | 0% | 12% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 35% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 68% |
TTM: | 35% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 52% |
3 Years: | 130% |
1 Year: | 277% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 0 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 2 | 2 | 2 | 1 | 2 | 3 | 43 | 56 | 57 | 62 | 75 | 87 | 95 |
1 | 1 | 9 | 8 | 4 | 4 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | |
15 | 12 | 15 | 17 | 18 | 25 | 41 | 43 | 31 | 62 | 58 | 46 | 61 | |
Total Liabilities | 18 | 16 | 26 | 27 | 25 | 33 | 95 | 109 | 98 | 134 | 143 | 143 | 167 |
5 | 5 | 4 | 3 | 3 | 3 | 5 | 6 | 36 | 37 | 40 | 44 | 44 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 1 | 1 | 0 | 0 | 0 |
Investments | 5 | 4 | 3 | 1 | 0 | 0 | 8 | 1 | 1 | 20 | 5 | 5 | 5 |
8 | 7 | 19 | 22 | 22 | 30 | 83 | 97 | 60 | 76 | 98 | 95 | 118 | |
Total Assets | 18 | 16 | 26 | 27 | 25 | 33 | 95 | 109 | 98 | 134 | 143 | 143 | 167 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | -0 | -0 | 6 | -2 | 10 | -11 | 2 | 23 | -7 | 5 | ||
0 | 1 | 1 | 1 | -1 | -10 | -3 | -1 | -20 | 10 | -7 | ||
0 | -0 | -2 | -2 | -4 | 39 | 2 | -1 | -1 | -1 | -1 | ||
Net Cash Flow | 0 | 0 | -1 | 6 | -6 | 39 | -11 | -0 | 2 | 3 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 5 | 3 | 14 | 13 | 19 | 56 | 14 | 23 | 15 | 12 | 11 | 23 |
Inventory Days | 145 | 125 | 78 | 127 | 142 | 183 | 306 | 285 | 208 | 184 | ||
Days Payable | 130 | 114 | 119 | 176 | 183 | 143 | 155 | 208 | 114 | 73 | ||
Cash Conversion Cycle | 5 | 3 | 29 | 25 | -22 | 7 | -27 | 63 | 165 | 89 | 105 | 134 |
Working Capital Days | -48 | -37 | 21 | 23 | -14 | 16 | -2 | 59 | 104 | 26 | 60 | 81 |
ROCE % | 37% | 8% | 19% | 18% | 36% | 30% | 6% | 10% | 23% | 19% |
Documents
Announcements
Annual reports
Concalls
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Nov 2022TranscriptPPT
Companies Overview
Company is engaged in the manufacturing of Computerised Numerically Controlled (CNC) machines. It currently offers a range of 27 different product segments namely Turning Center, Twin Spindle Turning Center, VMC, Twin Spindle VMC, Turn Mill Center etc having 315+ variants and models. It has completed 9945+ installations to date. [1]