INVESTMENT & PREC. | STEELCAST | INVESTMENT & PREC./ STEELCAST |
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P/E (TTM) | x | 69.1 | 24.3 | 284.0% | View Chart |
P/BV | x | 4.7 | 5.6 | 83.1% | View Chart |
Dividend Yield | % | 0.1 | 1.0 | 13.0% |
INVESTMENT & PREC. STEELCAST |
EQUITY SHARE DATA | |||||
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INVESTMENT & PREC. Mar-24 |
STEELCAST Mar-24 |
INVESTMENT & PREC./ STEELCAST |
5-Yr Chart Click to enlarge
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High | Rs | 765 | 781 | 98.0% | |
Low | Rs | 285 | 454 | 62.8% | |
Sales per share (Unadj.) | Rs | 341.9 | 202.5 | 168.9% | |
Earnings per share (Unadj.) | Rs | 15.6 | 37.1 | 42.0% | |
Cash flow per share (Unadj.) | Rs | 31.2 | 45.9 | 68.0% | |
Dividends per share (Unadj.) | Rs | 1.00 | 7.20 | 13.9% | |
Avg Dividend yield | % | 0.2 | 1.2 | 16.3% | |
Book value per share (Unadj.) | Rs | 171.3 | 133.2 | 128.6% | |
Shares outstanding (eoy) | m | 5.00 | 20.24 | 24.7% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 1.5 | 3.0 | 50.4% | |
Avg P/E ratio | x | 33.7 | 16.7 | 202.2% | |
P/CF ratio (eoy) | x | 16.8 | 13.4 | 125.0% | |
Price / Book Value ratio | x | 3.1 | 4.6 | 66.1% | |
Dividend payout | % | 6.4 | 19.4 | 33.0% | |
Avg Mkt Cap | Rs m | 2,625 | 12,498 | 21.0% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 68 | 412 | 16.4% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 1,710 | 4,098 | 41.7% | |
Other income | Rs m | 11 | 27 | 41.5% | |
Total revenues | Rs m | 1,721 | 4,125 | 41.7% | |
Gross profit | Rs m | 255 | 1,174 | 21.7% | |
Depreciation | Rs m | 78 | 179 | 43.6% | |
Interest | Rs m | 73 | 13 | 571.6% | |
Profit before tax | Rs m | 115 | 1,009 | 11.4% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 37 | 259 | 14.2% | |
Profit after tax | Rs m | 78 | 750 | 10.4% | |
Gross profit margin | % | 14.9 | 28.7 | 52.0% | |
Effective tax rate | % | 32.1 | 25.7 | 124.9% | |
Net profit margin | % | 4.6 | 18.3 | 24.9% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 1,013 | 1,657 | 61.1% | |
Current liabilities | Rs m | 969 | 444 | 218.3% | |
Net working cap to sales | % | 2.6 | 29.6 | 8.7% | |
Current ratio | x | 1.0 | 3.7 | 28.0% | |
Inventory Days | Days | 24 | 33 | 73.5% | |
Debtors Days | Days | 778 | 831 | 93.6% | |
Net fixed assets | Rs m | 1,003 | 1,580 | 63.5% | |
Share capital | Rs m | 50 | 101 | 49.4% | |
"Free" reserves | Rs m | 807 | 2,595 | 31.1% | |
Net worth | Rs m | 857 | 2,696 | 31.8% | |
Long term debt | Rs m | 123 | 0 | - | |
Total assets | Rs m | 2,016 | 3,236 | 62.3% | |
Interest coverage | x | 2.6 | 80.1 | 3.2% | |
Debt to equity ratio | x | 0.1 | 0 | - | |
Sales to assets ratio | x | 0.8 | 1.3 | 67.0% | |
Return on assets | % | 7.5 | 23.6 | 31.8% | |
Return on equity | % | 9.1 | 27.8 | 32.7% | |
Return on capital | % | 19.2 | 37.9 | 50.5% | |
Exports to sales | % | 13.1 | 53.5 | 24.5% | |
Imports to sales | % | 0 | 1.0 | 0.0% | |
Exports (fob) | Rs m | 224 | 2,193 | 10.2% | |
Imports (cif) | Rs m | NA | 40 | 0.0% | |
Fx inflow | Rs m | 224 | 2,193 | 10.2% | |
Fx outflow | Rs m | 0 | 124 | 0.0% | |
Net fx | Rs m | 224 | 2,069 | 10.8% |
CASH FLOW | |||||
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From Operations | Rs m | 58 | 680 | 8.5% | |
From Investments | Rs m | -72 | -237 | 30.6% | |
From Financial Activity | Rs m | 23 | -446 | -5.2% | |
Net Cashflow | Rs m | 9 | -2 | -359.0% |
Indian Promoters | % | 52.0 | 45.0 | 115.5% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 0.6 | 0.1 | 572.7% | |
FIIs | % | 0.2 | 0.1 | 240.0% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 48.0 | 55.0 | 87.3% | |
Shareholders | 3,984 | 13,138 | 30.3% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare INVESTMENT & PREC. With: ELECTROSTEEL CAST ALICON CASTALLOY AIA ENGINEERING
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | INVESTMENT & PREC. | STEELCAST | S&P BSE METAL |
---|---|---|---|
1-Day | -2.08% | -0.05% | -0.21% |
1-Month | -6.06% | -2.02% | -9.00% |
1-Year | 14.09% | 22.09% | 25.00% |
3-Year CAGR | 40.63% | 35.34% | 15.91% |
5-Year CAGR | 36.26% | 44.95% | 26.47% |
* Compound Annual Growth Rate
Here are more details on the INVESTMENT & PREC. share price and the STEELCAST share price.
Moving on to shareholding structures...
The promoters of INVESTMENT & PREC. hold a 52.0% stake in the company. In case of STEELCAST the stake stands at 45.0%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of INVESTMENT & PREC. and the shareholding pattern of STEELCAST.
Finally, a word on dividends...
In the most recent financial year, INVESTMENT & PREC. paid a dividend of Rs 1.0 per share. This amounted to a Dividend Payout ratio of 6.4%.
STEELCAST paid Rs 7.2, and its dividend payout ratio stood at 19.4%.
You may visit here to review the dividend history of INVESTMENT & PREC., and the dividend history of STEELCAST.
For a sector overview, read our steel sector report.
On Thursday, Indian share markets traded lower throughout the trading session and ended on a weak note.