Sharp Chucks and Machines Ltd
Incorporated in 1994, Sharp Chucks and Machines Ltd manufactures casting products, forging products, lathe chucks, power chucks, drill chuck, and other machine tools accessories, etc.[1]
- Market Cap ₹ 153 Cr.
- Current Price ₹ 142
- High / Low ₹ 148 / 55.0
- Stock P/E 18.5
- Book Value ₹ 71.7
- Dividend Yield 0.00 %
- ROCE 12.7 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 18.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.1% over last 3 years.
* 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
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 105 | 111 | 134 | 151 | 174 | 198 | 241 | |
| 93 | 98 | 119 | 133 | 153 | 173 | 213 | |
| Operating Profit | 12 | 13 | 15 | 17 | 21 | 24 | 28 |
| OPM % | 12% | 12% | 11% | 11% | 12% | 12% | 12% |
| 1 | 1 | 0 | 1 | 1 | 0 | 0 | |
| Interest | 6 | 6 | 6 | 7 | 9 | 10 | 10 |
| Depreciation | 3 | 4 | 4 | 5 | 6 | 7 | 7 |
| Profit before tax | 4 | 4 | 5 | 6 | 7 | 9 | 11 |
| Tax % | 34% | 27% | 30% | 29% | 35% | 28% | |
| 3 | 3 | 3 | 5 | 5 | 6 | 8 | |
| EPS in Rs | 2.71 | 3.05 | 3.38 | 4.63 | 4.83 | 5.67 | 7.66 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 14% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 23% |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 55% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 10% |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 11 | 12 |
| Reserves | 26 | 30 | 33 | 38 | 42 | 50 | 66 |
| 46 | 53 | 63 | 103 | 87 | 84 | 117 | |
| 29 | 32 | 28 | 34 | 40 | 52 | 33 | |
| Total Liabilities | 110 | 125 | 134 | 184 | 179 | 197 | 227 |
| 45 | 48 | 54 | 63 | 73 | 80 | 80 | |
| CWIP | 0 | 0 | 1 | 1 | 4 | 0 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 65 | 77 | 79 | 120 | 102 | 118 | 144 | |
| Total Assets | 110 | 125 | 134 | 184 | 179 | 197 | 227 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 9 | 12 | 7 | 6 | 15 | 21 | |
| -5 | -6 | -10 | -14 | -19 | -10 | |
| -6 | -6 | 4 | 33 | -21 | -12 | |
| Net Cash Flow | -2 | 0 | 0 | 25 | -24 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 47 | 70 | 58 | 81 | 61 | 60 |
| Inventory Days | 377 | 314 | 252 | 216 | 200 | 207 |
| Days Payable | 142 | 151 | 87 | 98 | 71 | 88 |
| Cash Conversion Cycle | 281 | 233 | 223 | 199 | 190 | 180 |
| Working Capital Days | 138 | 150 | 144 | 149 | 142 | 128 |
| ROCE % | 12% | 11% | 10% | 11% | 13% |
Documents
Announcements
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Clarification - Financial Results
13 December 2024 - Exchange has sought clarification from Sharp Chucks and Machines Limited for the quarter ended with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
13 December 2024 - CHUCKS AND MACHINES LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Change in Company Secretary/Compliance Officer
13 December 2024 - Appointment of Mrs. Harmandeep Kaur (ACS: 72697) as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company w.e.f., 13.12.2024.
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Outcome of Board Meeting
13 December 2024 - Chucks and Machines Limited has informed regarding Board meeting held on December 13, 2024.
-
Outcome of Board Meeting
14 November 2024 - Chucks and Machines Limited has informed regarding Board meeting held on November 14, 2024.
Business Overview:[1]
SCM is a specialized manufacturer and exporter of hand tools, machine tools, and fully finished forged and graded casting parts and assemblies for major OEMs in the tractor and automobile industries in India. The company also produces customized components tailored to customer-specific requirements.