Technofab Engineering Ltd

Technofab Engineering the main object to carry on the business of Civil, Electrical, Mechanical contractors, Designers, Engineering consultants-technical, managerial, industrial consultants or otherwise as also manufacturers, trader, builders and contractors of every type.

Pros:
Stock is trading at 0.11 times its book value
Stock is providing a good dividend yield of 6.71%.
Cons:
Company has low interest coverage ratio.
The company has delivered a poor growth of 0.40% over past five years.
Company has a low return on equity of 4.43% for last 3 years.
Contingent liabilities of Rs.227.90 Cr.

Peer Comparison Sector: Infrastructure Developers & Operators // Industry: Engineering - Turnkey Services

Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018
142.89 100.54 88.29 92.62 120.72 83.39 76.74 107.85 166.86 102.91 109.18 86.58
130.34 91.34 77.81 80.13 114.71 72.71 65.58 94.80 149.44 94.13 97.71 77.59
Operating Profit 12.55 9.20 10.48 12.49 6.01 10.68 11.16 13.05 17.42 8.78 11.47 8.99
OPM % 8.78% 9.15% 11.87% 13.49% 4.98% 12.81% 14.54% 12.10% 10.44% 8.53% 10.51% 10.38%
Other Income 1.00 0.10 0.55 -0.08 0.77 0.04 0.06 0.31 1.94 2.05 2.50 0.18
Interest 5.95 5.45 4.62 8.10 2.28 7.41 5.93 7.45 8.80 7.02 6.25 8.37
Depreciation 1.26 1.25 1.25 1.23 1.20 1.09 1.03 1.03 1.00 1.00 1.07 1.11
Profit before tax 6.34 2.60 5.16 3.08 3.30 2.22 4.26 4.88 9.56 2.81 6.65 -0.31
Tax % 20.66% 35.00% 30.62% 30.52% 56.06% 40.09% 36.15% 34.63% 34.10% 35.94% 33.38% 3.23%
Net Profit 5.03 1.68 3.58 2.14 1.46 1.33 2.72 3.19 6.30 1.80 4.42 -0.30
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

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

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
61.36 80.99 149.31 200.37 290.08 377.33 426.30 407.24 419.89 463.11 402.17 434.85 465.53
58.48 71.58 127.71 166.72 248.37 326.50 370.21 382.29 390.43 426.01 363.64 382.42 418.87
Operating Profit 2.88 9.41 21.60 33.65 41.71 50.83 56.09 24.95 29.46 37.10 38.53 52.43 46.66
OPM % 4.69% 11.62% 14.47% 16.79% 14.38% 13.47% 13.16% 6.13% 7.02% 8.01% 9.58% 12.06% 10.02%
Other Income 0.25 0.45 0.67 1.40 2.92 4.33 6.17 4.08 2.17 2.07 0.97 2.23 6.67
Interest 1.59 1.59 3.24 4.46 4.95 3.71 11.57 11.96 14.99 18.00 20.44 29.58 30.44
Depreciation 0.33 0.26 1.02 1.35 1.16 2.11 3.55 6.31 4.47 5.02 4.93 4.14 4.18
Profit before tax 1.21 8.01 18.01 29.24 38.52 49.34 47.14 10.76 12.17 16.15 14.13 20.94 18.71
Tax % 34.71% 33.71% 35.09% 34.71% 32.42% 30.75% 30.99% 35.87% 30.57% 28.48% 37.37% 35.24%
Net Profit 0.79 5.31 11.69 19.09 26.03 34.17 32.53 6.91 8.45 11.55 8.86 13.55 12.22
EPS in Rs 24.57 32.25 30.59 6.58 8.05 11.01 8.44 12.92
Dividend Payout % 0.00% 7.06% 6.42% 5.89% 6.04% 6.14% 8.06% 0.00% 0.00% 0.00% 0.00% 15.48%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:18.30%
5 Years:0.40%
3 Years:1.17%
TTM:19.77%
Compounded Profit Growth
10 Years:9.49%
5 Years:-15.35%
3 Years:17.12%
TTM:40.46%
Return on Equity
10 Years:10.00%
5 Years:4.02%
3 Years:4.43%
Last Year:5.03%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Sep 2018
7.00 7.50 7.50 7.50 10.49 10.49 10.49 10.49 10.49 10.49 10.49 10.49 10.49
Reserves 7.01 13.89 24.70 42.48 130.87 162.60 192.06 198.97 207.37 218.92 253.73 267.45 271.20
Borrowings 14.58 4.21 16.21 19.40 15.84 44.30 70.34 80.59 104.89 95.27 99.11 103.01 142.30
15.42 30.93 48.83 48.61 140.22 143.62 191.18 211.90 195.23 189.12 183.75 306.62 222.76
Total Liabilities 44.01 56.53 97.24 117.99 297.42 361.01 464.07 501.95 517.98 513.80 547.08 687.57 646.75
0.98 1.88 4.16 5.48 11.33 16.96 26.93 29.27 40.88 39.08 56.19 54.37 56.57
CWIP 0.00 0.23 0.00 0.00 0.00 0.38 0.00 5.91 0.00 0.00 0.00 0.00 0.00
Investments 0.02 0.70 0.20 0.35 37.82 47.88 58.62 20.96 16.04 9.51 12.00 31.29 10.82
43.01 53.72 92.88 112.16 248.27 295.79 378.52 445.81 461.06 465.21 478.89 601.91 579.36
Total Assets 44.01 56.53 97.24 117.99 297.42 361.01 464.07 501.95 517.98 513.80 547.08 687.57 646.75

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
9.49 16.32 11.96 -9.37 45.24 -11.88 -7.04 -23.28 12.85 8.18 8.80 35.94
-0.14 -2.13 -2.91 -2.87 -43.31 -15.12 -22.21 24.99 -6.01 5.37 0.44 -21.65
-9.91 -9.35 8.74 -0.85 59.04 22.92 16.28 -4.55 9.07 -29.26 -6.00 -14.31
Net Cash Flow -0.56 4.84 17.79 -13.09 60.97 -4.08 -12.97 -2.84 15.91 -15.71 3.24 -0.02

Ratios Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
ROCE % 8.66% 36.54% 57.45% 57.22% 38.37% 26.75% 23.28% 7.23% 8.88% 9.91% 10.15% 13.61%
Debtor Days 156.92 124.39 77.96 102.65 162.62 161.34 181.52 244.25 232.28 239.61 304.47 364.61
Inventory Turnover 37.67 33.93 50.41 34.64 30.42 14.99 8.44 7.51 8.83 9.87 10.91