Pattech Fitwell Tube Components Ltd
Incorporated in 2011, Pattech Fitwell Tube is engaged in manufacturing of forging products for the non-automotive sector.[1]
- Market Cap ₹ 70.6 Cr.
- Current Price ₹ 91.0
- High / Low ₹ 97.0 / 45.0
- Stock P/E 144
- Book Value ₹ 23.6
- Dividend Yield 0.00 %
- ROCE 7.78 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 88.4 days to 39.0 days
Cons
- Stock is trading at 3.90 times its book value
- Company might be capitalizing the interest cost
* 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
| Nov 2021 | Nov 2022 | Mar 2023 | |
|---|---|---|---|
| 18.34 | 11.32 | 11.80 | |
| 17.42 | 10.65 | 10.39 | |
| Operating Profit | 0.92 | 0.67 | 1.41 |
| OPM % | 5.02% | 5.92% | 11.95% |
| 0.11 | 0.05 | 0.06 | |
| Interest | 0.66 | 0.34 | 0.57 |
| Depreciation | 0.40 | 0.07 | 0.24 |
| Profit before tax | -0.03 | 0.31 | 0.66 |
| Tax % | 66.67% | 35.48% | 25.76% |
| -0.01 | 0.20 | 0.49 | |
| EPS in Rs | 0.37 | 0.91 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 5000% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 50% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Nov 2021 | Nov 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|
| Equity Capital | 3.21 | 5.36 | 5.36 | 7.76 |
| Reserves | 0.00 | 0.20 | 0.49 | 10.52 |
| 9.76 | 17.46 | 12.81 | 10.76 | |
| 0.89 | 3.59 | 5.64 | 1.67 | |
| Total Liabilities | 13.86 | 26.61 | 24.30 | 30.71 |
| 5.95 | 15.36 | 15.31 | 15.23 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 7.91 | 11.25 | 8.99 | 15.48 | |
| Total Assets | 13.86 | 26.61 | 24.30 | 30.71 |
Cash Flows
Figures in Rs. Crores
| Nov 2021 | Nov 2022 | Mar 2023 | |
|---|---|---|---|
| 1.14 | -1.84 | 0.06 | |
| -2.88 | 0.04 | -15.74 | |
| 1.71 | 2.21 | 16.04 | |
| Net Cash Flow | -0.03 | 0.42 | 0.35 |
Ratios
Figures in Rs. Crores
| Nov 2021 | Nov 2022 | Mar 2023 | |
|---|---|---|---|
| Debtor Days | 139.51 | 215.71 | 145.07 |
| Inventory Days | 16.30 | 117.85 | 111.21 |
| Days Payable | 18.26 | 117.85 | 40.84 |
| Cash Conversion Cycle | 137.56 | 215.71 | 215.45 |
| Working Capital Days | 137.92 | 225.71 | 38.97 |
| ROCE % | 3.61% | 7.78% |
Documents
Announcements
Annual reports
No data available.
Business Area[1] Co. converts semifinished/raw products to finished products by carrying out various value-added processes like forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing, and packaging.