TVS Srichakra Ltd

TVS Srichakra Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

TVS Srichakra Ltd

₹ 2,862 -0.05%
02 Jun - close price
tvstyres.com BSE: 509243 NSE : TVSSRICHAK
About

TVS Srichakra, incorporated in 1982, is part of the TVS automotive-ancillary group. It is a manufacturer and exporter of Two and Three-Wheeler tyres and Off-Highway tyres. It is a major OEM supplier to TVS motors and many other leading brands. [1]

Key Points

Business Segment
The company’s product portfolio includes tyres for 2/3-wheeler, Industrial Pneumatic, Farm and Implement, Skid-steer, Multi-purpose, etc. [1]

Website BSE NSE
  • Market Cap ₹ 2,193 Cr.
  • Current Price ₹ 2,862
  • High / Low ₹ 3,700 / 1,520
  • Stock P/E 26.7
  • Book Value ₹ 1,351
  • Dividend Yield 0.57 %
  • ROCE 8.95 %
  • ROE 8.18 %
  • Face Value ₹ 10.0
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Pros

  • Company has been maintaining a healthy dividend payout of 30.4%
  • Debtor days have improved from 35.9 to 27.0 days.

Cons

  • The company has delivered a poor sales growth of 6.76% over past five years.
  • Company has a low return on equity of 7.50% 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: Tyres Industry: Tyres

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
431 212 552 573 602 498 691 677 670 737 834 731 683
398 230 466 493 523 472 628 636 636 706 751 671 628
Operating Profit 34 -17 87 80 79 26 63 40 35 31 83 60 55
OPM % 8% -8% 16% 14% 13% 5% 9% 6% 5% 4% 10% 8% 8%
4 1 1 0 3 3 1 0 2 -3 1 0 6
Interest 10 11 9 7 6 7 8 8 9 9 9 10 11
Depreciation 31 23 25 26 30 21 22 20 17 22 23 24 23
Profit before tax -3 -50 54 48 46 2 34 12 11 -3 52 26 27
Tax % 935% 25% 26% 24% 24% 32% 26% 26% 30% 24% 26% 24% 16%
Net Profit 24 -37 40 36 35 1 25 9 8 -2 38 20 22
EPS in Rs 31.60 -48.62 52.04 47.37 45.75 1.45 33.05 11.79 10.47 -2.86 49.91 25.56 29.21
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1,453 1,652 1,938 2,176 2,185 1,961 2,152 2,431 2,104 1,939 2,528 2,985
1,324 1,551 1,787 1,958 1,858 1,676 1,899 2,168 1,887 1,709 2,359 2,756
Operating Profit 129 101 150 219 326 284 253 263 217 230 170 229
OPM % 9% 6% 8% 10% 15% 14% 12% 11% 10% 12% 7% 8%
5 33 2 -7 23 5 15 12 10 5 4 4
Interest 57 62 50 33 22 22 31 37 39 33 34 40
Depreciation 23 25 26 42 44 56 69 85 100 104 80 92
Profit before tax 55 47 77 137 284 211 169 153 87 98 59 101
Tax % 28% 30% 15% 29% 33% 29% 31% 33% 6% 24% 27% 23%
Net Profit 39 33 65 98 190 148 116 103 82 74 43 78
EPS in Rs 51.18 35.51 73.89 130.11 243.09 192.79 151.68 134.44 107.53 96.54 56.77 101.85
Dividend Payout % 26% 21% 22% 26% 25% 26% 26% 30% 19% 31% 29% 31%
Compounded Sales Growth
10 Years: 6%
5 Years: 7%
3 Years: 12%
TTM: 18%
Compounded Profit Growth
10 Years: 18%
5 Years: -7%
3 Years: 0%
TTM: 81%
Stock Price CAGR
10 Years: 31%
5 Years: -1%
3 Years: 27%
1 Year: 67%
Return on Equity
10 Years: 17%
5 Years: 9%
3 Years: 8%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
8 8 8 8 8 8 8 8 8 8 8 8
Reserves 133 154 206 275 404 553 631 721 737 817 963 1,027
402 297 383 274 145 315 312 426 351 208 610 662
367 484 428 414 412 515 475 655 520 590 779 759
Total Liabilities 911 942 1,025 970 969 1,391 1,426 1,809 1,616 1,622 2,359 2,456
248 278 344 382 384 532 620 662 687 666 708 936
CWIP 22 31 20 18 44 63 26 34 48 63 226 114
Investments 1 1 0 1 49 49 68 97 97 101 254 255
640 632 661 569 493 748 711 1,016 785 793 1,171 1,151
Total Assets 911 942 1,025 970 969 1,391 1,426 1,809 1,616 1,622 2,359 2,456

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
80 187 14 244 400 64 185 64 299 307 -62 206
-154 8 -89 -84 -120 -215 -102 -120 -136 -92 -282 -202
78 -159 38 -158 -271 149 -79 52 -169 -215 348 0
Net Cash Flow 5 35 -37 2 9 -3 5 -4 -5 1 4 4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 57 50 62 38 29 38 41 51 36 46 35 27
Inventory Days 124 94 74 74 63 138 95 123 135 149 198 161
Days Payable 104 115 77 52 34 67 50 83 70 102 102 85
Cash Conversion Cycle 77 28 58 59 58 109 86 91 101 93 131 102
Working Capital Days 56 30 42 26 19 51 47 60 52 47 72 47
ROCE % 25% 16% 24% 31% 52% 32% 22% 18% 11% 12% 7% 9%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
45.36 45.36 45.36 45.36 45.36 45.36 45.36 45.36 45.36 45.37 45.58 45.70
0.97 0.94 1.13 1.49 1.97 2.32 2.31 2.10 1.88 1.41 1.20 1.08
5.93 5.58 6.26 5.26 2.97 0.65 0.30 0.03 0.03 0.02 0.05 0.36
47.73 48.11 47.24 47.88 49.70 51.67 52.03 52.51 52.72 53.21 53.17 52.85

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls

  • Aug 2022
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