Power & Instrumentation (Gujarat) Ltd
Incorporated in 1975, Power & Instrumentation (Gujarat) Ltd is in the business of Electrical Contract Work and deals in electrical
equipment[1]
- Market Cap ₹ 411 Cr.
- Current Price ₹ 325
- High / Low ₹ 350 / 43.2
- Stock P/E 44.4
- Book Value ₹ 76.2
- Dividend Yield 0.06 %
- ROCE 17.0 %
- ROE 12.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Debtor days have improved from 162 to 115 days.
Cons
- Stock is trading at 4.26 times its book value
- Promoter holding has decreased over last quarter: -11.1%
- The company has delivered a poor sales growth of 2.13% over past five years.
- Company has a low return on equity of 10.1% over last 3 years.
- Company's cost of borrowing seems high
* 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: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|
60 | 72 | 88 | 89 | 85 | 91 | 93 | 97 | 132 | |
55 | 66 | 80 | 81 | 78 | 84 | 86 | 87 | 118 | |
Operating Profit | 5 | 6 | 7 | 8 | 7 | 7 | 8 | 11 | 14 |
OPM % | 9% | 8% | 8% | 10% | 9% | 7% | 8% | 11% | 11% |
1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 2 | |
Interest | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 2 | 3 | 4 | 4 | 5 | 4 | 5 | 8 | 12 |
Tax % | 33% | 33% | 26% | 28% | 26% | 31% | 27% | 24% | |
2 | 2 | 3 | 3 | 3 | 3 | 4 | 6 | 9 | |
EPS in Rs | 15.91 | 3.82 | 4.36 | 4.26 | 4.91 | 3.36 | 2.86 | 4.66 | 7.32 |
Dividend Payout % | 0% | 13% | 0% | 0% | 0% | 0% | 7% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 5% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 20% |
TTM: | 117% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 111% |
3 Years: | 89% |
1 Year: | 599% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 10% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.98 | 5 | 7 | 7 | 7 | 9 | 13 | 13 | 16 |
Reserves | 11 | 9 | 17 | 19 | 23 | 28 | 33 | 39 | 80 |
18 | 17 | 15 | 11 | 22 | 29 | 32 | 15 | 17 | |
21 | 18 | 34 | 20 | 12 | 32 | 30 | 42 | 39 | |
Total Liabilities | 51 | 50 | 73 | 57 | 64 | 97 | 107 | 107 | 152 |
1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
49 | 48 | 72 | 56 | 63 | 95 | 105 | 106 | 150 | |
Total Assets | 51 | 50 | 73 | 57 | 64 | 97 | 107 | 107 | 152 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
-1 | -2 | 0 | 3 | -1 | -3 | 1 | 8 | |
-1 | 0 | -0 | 0 | 0 | 1 | -4 | -0 | |
3 | 1 | 3 | -4 | 1 | 2 | 4 | -8 | |
Net Cash Flow | 1 | -1 | 3 | -1 | 1 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 103 | 113 | 133 | 98 | 158 | 221 | 151 | 115 |
Inventory Days | 139 | 90 | 101 | 40 | 15 | 80 | 161 | 190 |
Days Payable | 118 | 94 | 139 | 84 | 46 | 132 | 107 | 153 |
Cash Conversion Cycle | 124 | 108 | 95 | 54 | 127 | 168 | 204 | 152 |
Working Capital Days | 134 | 124 | 114 | 100 | 153 | 197 | 221 | 166 |
ROCE % | 20% | 21% | 24% | 18% | 12% | 12% | 17% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
8 Dec - Outcome of Analyst/Institutional Investor Meeting on December 7, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
4 Dec - Announcement of analyst/investor meeting on 07-12-2024.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
21 Nov - Transcript of Q2 FY25 earnings conference call.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
20 Nov - Outcome of Analyst/Institutional Investor Meeting held on November 19, 2024.
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Compliances- Statement Of Deviation For The Quarter Ended On September 30, 2024
14 Nov - Statement confirming no deviation in fund utilization.
Annual reports
Concalls
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Nov 2024Transcript PPT REC
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Sep 2024TranscriptNotesPPT
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Aug 2024Transcript PPT REC
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Jun 2024TranscriptNotesPPT
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Mar 2024TranscriptNotesPPT
Business Overview:[1]
Company proviees EPC solutions for Electrical requirements. It is a domain specialist in electrical installations, maintenance, repairs and
offer services in electrical contracting, Indoor substation, field services, generator sales and service, etc. It also provides design, installation, maintenance, and repairs for energy-efficient power and distribution transformer, generators, load banks, compressors, etc.