Pattech Fitwell Tube Components Ltd
Incorporated in 2012, Pattech
Fitwell Tube Components Ltd
is in the business of Corrugated
Plastic Sheets[1]
- Market Cap ₹ 84.8 Cr.
- Current Price ₹ 109
- High / Low ₹ 166 / 45.0
- Stock P/E 43.0
- Book Value ₹ 26.1
- Dividend Yield 0.00 %
- ROCE 12.0 %
- ROE 11.5 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.19 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- 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 3m | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 18.34 | 11.32 | 11.80 | 37.71 | 43.16 | |
| 17.42 | 10.65 | 10.39 | 34.51 | 38.97 | |
| Operating Profit | 0.92 | 0.67 | 1.41 | 3.20 | 4.19 |
| OPM % | 5.02% | 5.92% | 11.95% | 8.49% | 9.71% |
| 0.11 | 0.05 | 0.06 | 0.02 | -0.02 | |
| Interest | 0.66 | 0.34 | 0.57 | 1.06 | 1.29 |
| Depreciation | 0.40 | 0.07 | 0.24 | 0.23 | 0.17 |
| Profit before tax | -0.03 | 0.31 | 0.66 | 1.93 | 2.71 |
| Tax % | -66.67% | 35.48% | 25.76% | 25.39% | |
| -0.01 | 0.20 | 0.49 | 1.44 | 1.97 | |
| EPS in Rs | 0.37 | 0.91 | 1.86 | 2.54 | |
| Dividend Payout % | 0.00% | 0.00% | 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: | 82% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Nov 2021 | Nov 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 3.21 | 5.36 | 5.36 | 7.76 | 7.76 |
| Reserves | 0.00 | 0.20 | 0.49 | 11.53 | 12.49 |
| 9.76 | 17.46 | 12.82 | 11.67 | 19.22 | |
| 0.89 | 3.59 | 5.64 | 4.69 | 2.93 | |
| Total Liabilities | 13.86 | 26.61 | 24.31 | 35.65 | 42.40 |
| 5.95 | 15.36 | 15.31 | 15.44 | 15.90 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7.91 | 11.25 | 9.00 | 20.21 | 26.50 | |
| Total Assets | 13.86 | 26.61 | 24.31 | 35.65 | 42.40 |
Cash Flows
Figures in Rs. Crores
| Nov 2021 | Nov 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 1.14 | -1.84 | 0.06 | -10.18 | |
| -2.88 | 0.04 | -15.74 | -0.51 | |
| 1.71 | 2.21 | 16.04 | 10.53 | |
| Net Cash Flow | -0.03 | 0.42 | 0.35 | -0.16 |
Ratios
Figures in Rs. Crores
| Nov 2021 | Nov 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 139.51 | 215.71 | 145.07 | 119.73 |
| Inventory Days | 16.30 | 117.85 | 111.21 | 57.20 |
| Days Payable | 18.26 | 117.85 | 41.20 | 41.95 |
| Cash Conversion Cycle | 137.56 | 215.71 | 215.08 | 134.98 |
| Working Capital Days | 137.92 | 225.71 | 38.97 | 139.38 |
| ROCE % | 3.61% | 7.77% | 12.05% |
Documents
Announcements
-
Updates
15 November 2024 - Pattech Fitwell Tube Components Limited has informed regarding 'Clarification on Outcome of Board Meeting held on November 14, 2024 '.
-
Financial Result Updates
14 November 2024 - Pattech Fitwell Tube Components Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Outcome of Board Meeting
14 November 2024 - Pattech Fitwell Tube Components Limited has informed regarding Board meeting held on November 14, 2024.
-
Board Meeting Intimation
9 November 2024 - PATTECH FITWELL TUBE COMPONENTS LIMITED has informed about Board Meeting to be held on 14-Nov-2024 to inter-alia consider and approve the Unaudited Financial results of …
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 October 2024 - Pattech Fitwell Tube Components Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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.