Pattech Fitwell Tube Components Ltd
Incorporated in 2012, Pattech
Fitwell Tube Components Ltd
is in the business of Corrugated
Plastic Sheets[1]
- Market Cap ₹ 69.2 Cr.
- Current Price ₹ 89.2
- High / Low ₹ 166 / 60.1
- Stock P/E 35.1
- Book Value ₹ 26.1
- Dividend Yield 0.00 %
- ROCE 12.0 %
- ROE 11.5 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.42 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Working capital days have increased from 89.2 days to 139 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|
| 11.80 | 37.71 | 43.16 | |
| 10.39 | 34.51 | 38.97 | |
| Operating Profit | 1.41 | 3.20 | 4.19 |
| OPM % | 11.95% | 8.49% | 9.71% |
| 0.06 | 0.02 | -0.02 | |
| Interest | 0.57 | 1.06 | 1.29 |
| Depreciation | 0.24 | 0.23 | 0.17 |
| Profit before tax | 0.66 | 1.93 | 2.71 |
| Tax % | 25.76% | 25.39% | |
| 0.49 | 1.44 | 1.97 | |
| EPS in Rs | 0.91 | 1.86 | 2.54 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 114% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 5.36 | 7.76 | 7.76 |
| Reserves | 0.49 | 11.53 | 12.49 |
| 12.82 | 11.67 | 19.22 | |
| 5.64 | 4.69 | 2.93 | |
| Total Liabilities | 24.31 | 35.65 | 42.40 |
| 15.31 | 15.44 | 15.90 | |
| CWIP | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 |
| 9.00 | 20.21 | 26.50 | |
| Total Assets | 24.31 | 35.65 | 42.40 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 0.07 | -10.18 | |
| -15.75 | -0.51 | |
| 16.03 | 10.53 | |
| Net Cash Flow | 0.35 | -0.16 |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 145.07 | 119.73 |
| Inventory Days | 111.21 | 57.20 |
| Days Payable | 41.20 | 41.95 |
| Cash Conversion Cycle | 215.08 | 134.98 |
| Working Capital Days | 38.97 | 139.38 |
| ROCE % | 12.05% |
Documents
Announcements
-
Structural Digital Database
18 April 2025 - Submission of SEBI SDD compliance certificate for FY2024-25
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
16 April 2025 - Submission of dematerialization compliance certificate for March 2025 quarter.
-
Appointment
27 March 2025 - Board approves appointment of internal auditor and secretarial auditor effective FY2024‑25 onwards.
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
27 March 2025 - PATTECH FITWELL TUBE COMPONENTS LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Appointment
27 March 2025 - Board approved appointment of internal auditor and secretarial auditor
Business Overview:[1]
PFTCL is manufactures pipe fittings, flanges and forgings and machined components, pipe spools and fabrication works for industries like fertilizers, power, chemical & pharmaceutical petrochemical, food processing, oil & gas, desalination, water treatment, ship building, defence, fabrication of process equipment, and instrumentation etc. It converts semi-finished /raw products to finished products by carrying its value-added process such as forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing and packaging.