Touchwood Entertainment Ltd

Touchwood Entertainment Ltd

₹ 147 -1.44%
26 Apr 3:32 p.m.
About

Incorporated in 1997, Touchwood
Entertainment Ltd provides Event
Management Services[1]

Key Points

Business Overview:[1]
TEL is India’s first NSE Listed event management company. It specializes in Wedding and Event Management for bespoke & luxury weddings and celebrations. Company curates and executes bespoke event experiences for Destinations within India and Internationally

  • Market Cap 163 Cr.
  • Current Price 147
  • High / Low 222 / 118
  • Stock P/E 49.2
  • Book Value 30.3
  • Dividend Yield 0.24 %
  • ROCE 21.1 %
  • ROE 15.2 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Debtor days have improved from 123 to 71.2 days.
  • Company's working capital requirements have reduced from 104 days to 40.1 days

Cons

  • Company has a low return on equity of 12.5% over last 3 years.
  • Promoter holding has decreased over last 3 years: -5.46%

* 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: Entertainment Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
2.15 7.08 0.43 11.75 4.81 9.64 5.75 2.21 5.42 22.68 1.49 3.78 6.52
1.00 5.16 0.75 10.92 3.53 8.09 5.15 1.74 4.31 20.77 1.14 2.60 5.15
Operating Profit 1.15 1.92 -0.32 0.83 1.28 1.55 0.60 0.47 1.11 1.91 0.35 1.18 1.37
OPM % 53.49% 27.12% -74.42% 7.06% 26.61% 16.08% 10.43% 21.27% 20.48% 8.42% 23.49% 31.22% 21.01%
0.02 0.01 0.02 0.18 0.14 -0.02 0.46 0.02 0.06 0.09 0.02 0.21 0.11
Interest 0.01 0.02 0.02 0.02 0.07 0.01 0.03 0.01 0.01 0.01 0.01 0.01 0.02
Depreciation 0.16 0.16 0.15 0.14 0.14 0.15 0.13 0.11 0.13 0.13 0.11 0.11 0.09
Profit before tax 1.00 1.75 -0.47 0.85 1.21 1.37 0.90 0.37 1.03 1.86 0.25 1.27 1.37
Tax % -12.00% 32.57% 0.00% 16.47% 31.40% 21.17% 13.33% 21.62% 23.30% 38.71% 32.00% 32.28% 16.06%
1.12 1.19 -0.47 0.72 0.83 1.09 0.78 0.29 0.79 1.14 0.17 0.86 1.14
EPS in Rs 1.10 1.17 -0.46 0.71 0.82 1.07 0.77 0.28 0.78 1.12 0.17 0.78 1.03
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
2.64 2.33 3.60 6.14 12.29 13.02 18.11 32.28 20.81 10.06 26.62 36.06 34.47
2.96 2.33 4.54 5.91 12.25 11.29 15.07 27.80 17.99 8.03 23.29 31.98 29.66
Operating Profit -0.32 0.00 -0.94 0.23 0.04 1.73 3.04 4.48 2.82 2.03 3.33 4.08 4.81
OPM % -12.12% 0.00% -26.11% 3.75% 0.33% 13.29% 16.79% 13.88% 13.55% 20.18% 12.51% 11.31% 13.95%
0.00 0.00 0.34 0.07 0.48 0.37 -0.38 0.48 0.43 0.06 0.33 0.64 0.43
Interest 0.00 0.00 0.09 0.06 0.16 0.17 0.12 0.07 0.06 0.05 0.12 0.06 0.05
Depreciation 0.00 0.00 0.09 0.11 0.14 0.33 0.45 0.63 0.61 0.62 0.58 0.51 0.44
Profit before tax -0.32 0.00 -0.78 0.13 0.22 1.60 2.09 4.26 2.58 1.42 2.96 4.15 4.75
Tax % 0.00% -3.85% 46.15% 90.91% 36.25% 27.75% 30.75% 31.40% 30.99% 27.36% 27.95%
-0.32 -0.01 -0.81 0.06 0.03 1.01 1.51 2.96 1.76 0.98 2.16 2.99 3.31
EPS in Rs -0.64 -0.02 -1.62 0.12 0.06 2.02 1.48 2.90 1.73 0.96 2.12 2.94 3.10
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 27.50% 11.57% 12.47% 7.07% 11.92%
Compounded Sales Growth
10 Years: %
5 Years: 15%
3 Years: 20%
TTM: 50%
Compounded Profit Growth
10 Years: %
5 Years: 8%
3 Years: 14%
TTM: 31%
Stock Price CAGR
10 Years: %
5 Years: 42%
3 Years: 15%
1 Year: -15%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 13%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 2.01 2.01 2.01 2.01 2.01 2.01 4.07 4.07 10.18 10.18 10.18 10.18 11.08
Reserves 0.61 0.60 -0.20 -0.16 -0.14 0.79 4.74 7.80 2.10 3.33 5.54 8.48 22.50
0.11 0.24 0.39 0.33 0.81 0.70 0.78 0.73 0.40 0.66 0.45 0.26 0.57
1.10 1.31 3.25 2.25 4.13 4.62 5.91 8.73 6.16 3.75 2.37 14.81 4.41
Total Liabilities 3.83 4.16 5.45 4.43 6.81 8.12 15.50 21.33 18.84 17.92 18.54 33.73 38.56
1.98 2.13 1.35 1.19 1.41 2.71 3.58 3.40 2.80 2.73 2.55 2.07 2.28
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.17 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.45 0.60 0.53 0.46 0.55 0.00 0.00 0.02 0.02 0.02
1.85 2.03 4.10 2.79 4.80 4.88 11.46 17.38 16.04 15.02 15.97 31.64 36.26
Total Assets 3.83 4.16 5.45 4.43 6.81 8.12 15.50 21.33 18.84 17.92 18.54 33.73 38.56

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.00 0.45 0.20 0.76 0.83 0.24 1.66 0.54 3.32 2.86
0.00 0.00 -0.41 -0.16 -1.70 -1.37 -0.49 0.50 -0.69 -0.19 0.10
0.00 0.00 -0.18 0.22 -0.16 4.51 -0.12 -1.62 0.21 -0.45 7.00
Net Cash Flow 0.00 0.00 -0.14 0.26 -1.10 3.97 -0.37 0.54 0.06 2.69 9.96

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 94.02 76.76 33.46 22.00 11.88 45.41 82.84 95.89 118.22 250.71 47.17 71.16
Inventory Days
Days Payable
Cash Conversion Cycle 94.02 76.76 33.46 22.00 11.88 45.41 82.84 95.89 118.22 250.71 47.17 71.16
Working Capital Days 84.34 93.99 -176.42 -77.87 -90.28 -62.52 -24.39 27.70 67.70 203.18 70.20 40.08
ROCE % 0.00% 8.68% 2.06% 58.25% 40.49% 39.03% 20.89% 10.95% 18.79% 21.09%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.84% 69.84% 70.05% 70.05% 70.07% 70.07% 70.07% 70.07% 70.07% 64.38% 64.38% 64.38%
30.17% 30.17% 29.94% 29.94% 29.94% 29.93% 29.93% 29.93% 29.93% 35.62% 35.62% 35.62%
No. of Shareholders 1,7711,6561,7711,9491,9762,0971,8091,5071,6541,5261,5301,882

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