Precision Camshafts Ltd
Incorporated in 1992, Precision Camshafts Limited is manufacturer and supplier of camshafts in India and globally. It supplies more than 150 varieties of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications. [1]
- Market Cap ₹ 2,460 Cr.
- Current Price ₹ 260
- High / Low ₹ 293 / 173
- Stock P/E 69.4
- Book Value ₹ 78.8
- Dividend Yield 0.38 %
- ROCE 5.98 %
- ROE 3.86 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 22.3%
Cons
- Stock is trading at 3.30 times its book value
- The company has delivered a poor sales growth of 8.20% over past five years.
- Company has a low return on equity of 4.75% over last 3 years.
- Earnings include an other income of Rs.50.2 Cr.
* 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: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
359 | 467 | 532 | 440 | 442 | 421 | 695 | 746 | 709 | 895 | 1,080 | 1,031 | 1,024 | |
301 | 405 | 390 | 322 | 343 | 342 | 570 | 635 | 648 | 781 | 970 | 931 | 922 | |
Operating Profit | 58 | 62 | 143 | 118 | 99 | 80 | 125 | 112 | 61 | 114 | 111 | 101 | 102 |
OPM % | 16% | 13% | 27% | 27% | 22% | 19% | 18% | 15% | 9% | 13% | 10% | 10% | 10% |
9 | 13 | -8 | 34 | 42 | 40 | -10 | 19 | 41 | 46 | 33 | 50 | 50 | |
Interest | 11 | 13 | 11 | 9 | 7 | 5 | 9 | 9 | 8 | 7 | 8 | 8 | 8 |
Depreciation | 19 | 28 | 41 | 39 | 37 | 45 | 78 | 86 | 79 | 92 | 75 | 82 | 77 |
Profit before tax | 37 | 35 | 83 | 103 | 97 | 69 | 28 | 35 | 15 | 61 | 60 | 60 | 66 |
Tax % | 35% | 62% | 44% | 34% | 31% | 33% | 75% | 28% | 105% | 24% | 23% | 33% | |
24 | 13 | 46 | 69 | 67 | 46 | 7 | 26 | -1 | 46 | 46 | 40 | 48 | |
EPS in Rs | 773.61 | 320.87 | 5.67 | 7.25 | 7.02 | 4.86 | 1.21 | 3.68 | 0.24 | 4.84 | 4.87 | 4.25 | 5.04 |
Dividend Payout % | 1% | 3% | 1% | 14% | 21% | 21% | 82% | 26% | 415% | 23% | 21% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 13% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 18% |
3 Years: | 223% |
TTM: | -23% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 53% |
3 Years: | 44% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 4 | 82 | 95 | 95 | 95 | 95 | 95 | 95 | 95 | 95 | 95 |
Reserves | 106 | 170 | 150 | 399 | 464 | 487 | 510 | 523 | 548 | 587 | 622 | 653 |
179 | 223 | 222 | 166 | 111 | 107 | 169 | 200 | 176 | 136 | 105 | 110 | |
108 | 115 | 141 | 111 | 112 | 196 | 256 | 214 | 202 | 239 | 281 | 178 | |
Total Liabilities | 396 | 512 | 595 | 771 | 781 | 885 | 1,030 | 1,031 | 1,020 | 1,057 | 1,102 | 1,037 |
199 | 229 | 231 | 191 | 216 | 349 | 490 | 444 | 426 | 360 | 311 | 325 | |
CWIP | 24 | 5 | 16 | 14 | 9 | 9 | 26 | 34 | 9 | 34 | 82 | 28 |
Investments | 0 | 62 | 62 | 76 | 117 | 154 | 100 | 130 | 196 | 194 | 177 | 225 |
173 | 216 | 285 | 490 | 440 | 373 | 414 | 423 | 388 | 469 | 532 | 459 | |
Total Assets | 396 | 512 | 595 | 771 | 781 | 885 | 1,030 | 1,031 | 1,020 | 1,057 | 1,102 | 1,037 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 78 | 120 | 78 | 64 | 103 | 40 | 58 | 120 | 88 | 103 | 131 | |
-36 | -100 | -97 | -300 | -2 | -22 | -33 | -57 | -85 | -39 | -37 | -94 | |
-11 | 39 | 2 | 194 | -67 | -71 | -10 | 3 | -37 | -61 | -60 | -13 | |
Net Cash Flow | -17 | 16 | 24 | -28 | -5 | 10 | -3 | 4 | -2 | -13 | 6 | 25 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 82 | 88 | 72 | 74 | 87 | 96 | 74 | 84 | 79 | 67 | 70 | 62 |
Inventory Days | 107 | 104 | 96 | 110 | 88 | 161 | 169 | 185 | 160 | 196 | 171 | 130 |
Days Payable | 152 | 153 | 151 | 177 | 187 | 219 | 153 | 134 | 144 | 98 | 97 | 106 |
Cash Conversion Cycle | 37 | 38 | 17 | 8 | -11 | 39 | 91 | 135 | 96 | 166 | 144 | 86 |
Working Capital Days | 40 | 26 | 8 | 21 | 21 | 31 | 73 | 96 | 75 | 76 | 62 | 64 |
ROCE % | 17% | 14% | 26% | 19% | 16% | 11% | 8% | 6% | 0% | 4% | 8% | 6% |
Documents
Announcements
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Clarification On Significant Price Movement.
24 Aug - Clarification on significant price movement compliance.
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Clarification sought from Precision Camshafts Ltd
23 Aug - Exchange has sought clarification from Precision Camshafts Ltd on August 23, 2024, with reference to significant movement in price, in order to ensure that investors …
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 Aug - Transcript of Earnings Call held on Monday, 19th August 2024 at 12:15 PM.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
19 Aug - Audio recording of Q1 FY25 earnings call uploaded.
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Announcement under Regulation 30 (LODR)-Investor Presentation
19 Aug - Addendum to our letter number PCL/SEC/24-25/039 dated 17th August 2024 submitting revised Investor Presentation for the quarter ended 30th June 2024.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Concalls
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Aug 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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Jun 2024Transcript PPT
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Mar 2024Transcript PPT
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Dec 2023Transcript PPT REC
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Sep 2023Transcript PPT REC
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Jun 2023Transcript PPT REC
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Mar 2023Transcript PPT
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Dec 2022Transcript PPT
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Sep 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Dec 2021TranscriptPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021Transcript PPT
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May 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Mar 2020Transcript PPT
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Feb 2020TranscriptNotesPPT
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Nov 2019Transcript PPT
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Sep 2019Transcript PPT
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Jul 2019TranscriptPPT
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May 2019TranscriptNotesPPT
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Aug 2018Transcript PPT
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Jun 2018Transcript PPT
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Apr 2018TranscriptPPT
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Mar 2018Transcript PPT
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Nov 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Dec 2016TranscriptNotesPPT
Leader in Camshaft business
The company has a market share of ~70% in the Camshaft industry in India and a 9% Global market share. The co. has an export presence in 17 countries. [1]