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 ₹ 59.3 Cr.
- Current Price ₹ 36.4
- High / Low ₹ 53.5 / 26.0
- Stock P/E 9.50
- Book Value ₹ 30.7
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 16.0 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has high debtors of 180 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 | TTM | |
|---|---|---|---|---|---|---|
| 0 | 22 | 49 | 126 | 189 | 178 | |
| 0 | 21 | 48 | 121 | 181 | 171 | |
| Operating Profit | 0 | 1 | 2 | 4 | 8 | 7 |
| OPM % | 0% | 4% | 3% | 3% | 4% | 4% |
| 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 2 | 4 | 7 | 7 |
| Tax % | 0% | 1% | 1% | 19% | 4% | |
| 0 | 1 | 1 | 3 | 7 | 6 | |
| EPS in Rs | 0.00 | 7.99 | 11.81 | 2.13 | 4.37 | 3.83 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 104% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 105% |
| TTM: | 74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0 | 1 | 1 | 16 | 16 | 16 |
| Reserves | 0 | 10 | 14 | 24 | 32 | 34 |
| 0 | 0 | 0 | 0 | 4 | 4 | |
| 3 | 3 | 6 | 5 | 58 | 55 | |
| Total Liabilities | 3 | 14 | 21 | 46 | 111 | 109 |
| 0 | 1 | 1 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 2 | 2 | 2 | 2 |
| 1 | 11 | 18 | 43 | 108 | 106 | |
| Total Assets | 3 | 14 | 21 | 46 | 111 | 109 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 0 | -8 | -3 | -11 | -5 | |
| -0 | -1 | -0 | 0 | 0 | |
| 0 | 9 | 3 | 21 | 4 | |
| Net Cash Flow | 0 | 0 | 1 | 10 | -1 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 456 | 140 | 0 | 63 | 180 |
| Inventory Days | 14 | 163 | 23 | 1 | |
| Days Payable | 40 | 25 | 2 | 115 | |
| Cash Conversion Cycle | 456 | 114 | 137 | 84 | 66 |
| Working Capital Days | -17,246 | 122 | 87 | 79 | 77 |
| ROCE % | 15% | 12% | 15% | 17% |
Business Overview:[1]
Company does processing of semi-finished alloy wheels by rendering value added services and other engineering services