Precision Metaliks Ltd
Incorporated in 2012, Precision Metaliks Ltd does trading and manufacturing of Aluminum Alloy Wheels in a variety of sizes and finishing of Alloy Wheels[1]
- Market Cap ₹ 75.1 Cr.
- Current Price ₹ 46.2
- High / Low ₹ 70.9 / 35.2
- Stock P/E 12.7
- Book Value ₹ 54.1
- Dividend Yield 0.00 %
- ROCE 11.8 %
- ROE 10.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.85 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -17.1%
- Tax rate seems low
- Company has a low return on equity of 12.4% over last 3 years.
- Company has high debtors of 151 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: Auto Ancillaries Industry: Auto Ancillaries
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
0 | 22 | 49 | 126 | 189 | 196 | 209 | |
0 | 21 | 48 | 121 | 181 | 188 | 202 | |
Operating Profit | 0 | 1 | 2 | 4 | 8 | 8 | 7 |
OPM % | 0% | 4% | 3% | 3% | 4% | 4% | 3% |
0 | 0 | 0 | 0 | 0 | 1 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | 1 | 2 | 4 | 7 | 7 | 6 |
Tax % | 0% | 1% | 1% | 19% | 4% | 6% | |
0 | 1 | 1 | 3 | 7 | 7 | 6 | |
EPS in Rs | 0.00 | 7.99 | 11.81 | 2.13 | 4.37 | 4.17 | 3.64 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 447% |
3 Years: | 58% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 66% |
TTM: | -13% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 1 | 1 | 16 | 16 | 23 | 23 |
Reserves | 0 | 10 | 14 | 24 | 32 | 64 | 65 |
0 | 0 | 0 | 0 | 4 | 0 | 0 | |
3 | 3 | 6 | 5 | 57 | 67 | 77 | |
Total Liabilities | 3 | 14 | 21 | 46 | 109 | 154 | 164 |
0 | 1 | 1 | 1 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
1 | 11 | 18 | 43 | 106 | 151 | 161 | |
Total Assets | 3 | 14 | 21 | 46 | 109 | 154 | 164 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
0 | -8 | -3 | -11 | -5 | -24 | |
-0 | -1 | -0 | 0 | 0 | 0 | |
0 | 9 | 3 | 21 | 4 | 27 | |
Net Cash Flow | 0 | 0 | 1 | 10 | -1 | 3 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 456 | 140 | 0 | 63 | 180 | 151 |
Inventory Days | 14 | 163 | 23 | 1 | 1 | |
Days Payable | 40 | 25 | 2 | 115 | 127 | |
Cash Conversion Cycle | 456 | 114 | 137 | 84 | 66 | 24 |
Working Capital Days | -17,246 | 122 | 87 | 79 | 77 | 133 |
ROCE % | 15% | 12% | 15% | 17% | 12% |
Documents
Announcements
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Clarification - Financial Results
11 December 2024 - Exchange has sought clarification from Precision Metaliks Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Related Party Transactions
13 November 2024 - Precision Metaliks Limited has informed about non-applicability of disclosure of Related Party Transactions for the period ended September 30, 2024
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Statement of deviation(s) or variation(s) under Reg. 32
13 November 2024 - Precision Metaliks Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
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Outcome of Board Meeting
13 November 2024 - Precision Metaliks Limited has informed regarding Outcome of Board Meeting held on November 13, 2024.
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Financial Result Updates
13 November 2024 - Precision Metaliks Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
Business Overview:[1]
Company does processing of semi-finished alloy wheels by rendering value added services and other engineering services