Tata Metaliks Ltd

Tata Metaliks is a subsidiary of Tata Steel Limited. The Company is engaged in the manufacture and sale of pig iron and ductile iron pipes.

  • Market Cap: 1,403 Cr.
  • Current Price: 499.60
  • 52 weeks High / Low 688.00 / 308.00
  • Book Value: 327.36
  • Stock P/E: 10.47
  • Dividend Yield: 0.50 %
  • ROCE: 32.19 %
  • ROE: 33.84 %
  • Sales Growth (3Yrs): 15.74 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00
Edit ratios
Pros:
Company has reduced debt.
Company has a good return on equity (ROE) track record: 3 Years ROE 47.05%
Cons:
Tax rate seems low
** Remarks:
Some businesses are provided tax benefits to encourage their development
Return on equity is exceptional

Peer comparison Sector: Steel // Industry: Steel - Pig Iron

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
451 490 546 468 547 546 594 499 511 519 522 210
384 418 459 402 462 472 513 454 471 441 401 200
Operating Profit 67 72 88 66 85 74 81 45 41 78 120 10
OPM % 15% 15% 16% 14% 16% 14% 14% 9% 8% 15% 23% 5%
Other Income 0 0 9 1 1 1 3 4 6 3 3 1
Interest 10 10 18 11 10 11 12 7 8 9 9 8
Depreciation 12 12 13 15 13 14 15 14 16 17 17 20
Profit before tax 45 50 66 41 63 51 57 27 23 55 96 -17
Tax % 25% 19% 17% 27% 25% 22% -14% 28% -3% 17% 20% 26%
Net Profit 34 40 55 30 48 40 64 20 23 46 77 -12
EPS in Rs 13.27 15.96 21.61 12.02 18.79 15.67 25.40 6.98 8.32 16.35 27.43 -4.40
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
1,032 1,003 1,044 1,318 1,133 864 1,161 1,098 1,390 1,410 1,895 2,155 1,762
910 1,137 965 1,254 1,238 876 1,067 944 1,173 1,184 1,617 1,848 1,512
Operating Profit 122 -134 79 65 -105 -12 94 154 217 226 277 308 249
OPM % 12% -13% 8% 5% -9% -1% 8% 14% 16% 16% 15% 14% 14%
Other Income 22 23 29 12 27 -6 -20 -0 1 1 20 7 12
Interest 21 38 40 31 31 20 27 34 47 39 48 44 34
Depreciation 16 16 16 17 16 16 16 13 33 36 49 58 70
Profit before tax 106 -165 51 29 -125 -55 32 107 138 152 200 212 157
Tax % 34% 10% 10% 20% 28% -0% -21% 22% 19% 23% 21% 14%
Net Profit 70 -149 46 23 -91 -55 39 84 112 116 159 182 134
EPS in Rs 26.34 0.00 18.01 9.07 0.00 0.00 15.27 33.08 44.40 45.89 62.95 64.76 47.70
Dividend Payout % 25% -0% 0% 0% -0% -0% 0% 0% 5% 5% 5% 5%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:7.95%
5 Years:13.16%
3 Years:15.74%
TTM:-19.44%
Compounded Profit Growth
10 Years:12.40%
5 Years:24.96%
3 Years:17.12%
TTM:-21.71%
Stock Price CAGR
10 Years:13.53%
5 Years:35.49%
3 Years:-9.38%
1 Year:-1.83%
Return on Equity
10 Years:37.83%
5 Years:51.87%
3 Years:47.05%
Last Year:33.84%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
25 25 25 25 125 125 125 125 25 25 25 28 28
Reserves 167 18 64 87 -4 -58 -20 63 74 182 333 683 891
Borrowings 111 392 209 342 442 355 245 214 410 540 475 42 302
288 85 321 217 207 410 432 402 350 319 291 629 473
Total Liabilities 592 521 620 671 671 732 683 704 859 1,066 1,125 1,382 1,695
243 233 220 204 188 152 226 200 353 590 586 630 668
CWIP 5 6 4 5 26 114 3 0 88 34 24 31 98
Investments 8 38 47 74 102 99 134 134 0 0 10 0 10
336 244 348 387 355 367 320 370 419 442 505 721 918
Total Assets 592 521 620 671 671 732 683 704 859 1,066 1,125 1,382 1,695

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
53 -198 234 -64 -27 154 182 79 91 77 196 369
-8 -33 -14 -53 -72 -100 -15 -21 -79 -125 -70 -87
-40 230 -220 110 170 -125 -152 -72 -13 49 -125 -257
Net Cash Flow 5 -1 0 -7 70 -70 16 -15 -1 0 1 25

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 47% -34% 25% 16% -18% -4% 21% 38% 41% 30% 31% 32%
Debtor Days 27 23 20 26 14 51 48 72 45 49 41 47
Inventory Turnover 5.09 6.05 4.38 4.69 5.90 4.68 7.11 9.92 7.34 5.07 6.22 5.34

Shareholding pattern in percentages

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
50.09 50.09 50.09 50.09 50.09 50.09 55.06 55.06 55.06 55.06 55.06 55.06
3.11 3.16 2.69 3.14 2.54 2.18 1.72 1.77 1.52 1.43 1.34 1.28
7.98 10.71 11.67 11.96 13.76 14.55 13.91 14.84 16.30 16.89 17.29 17.66
0.99 0.99 0.99 0.99 0.99 0.99 0.89 0.89 0.89 0.89 0.89 0.89
37.83 35.05 34.56 33.81 32.62 32.18 28.42 27.43 26.23 25.73 25.42 25.11