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VARROC ENGINEERING vs STEEL STRIPS WHEELS - Comparison Results

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Current Valuations

    VARROC ENGINEERING STEEL STRIPS WHEELS VARROC ENGINEERING/
STEEL STRIPS WHEELS
 
P/E (TTM) x 15.5 4.8 323.9% View Chart
P/BV x 5.2 2.2 235.5% View Chart
Dividend Yield % 0.0 0.5 -  

Financials

 VARROC ENGINEERING   STEEL STRIPS WHEELS
EQUITY SHARE DATA
    VARROC ENGINEERING
Mar-24
STEEL STRIPS WHEELS
Mar-24
VARROC ENGINEERING/
STEEL STRIPS WHEELS
5-Yr Chart
Click to enlarge
High Rs631299 211.1%   
Low Rs251146 171.4%   
Sales per share (Unadj.) Rs494.3277.6 178.0%  
Earnings per share (Unadj.) Rs36.243.0 84.2%  
Cash flow per share (Unadj.) Rs58.249.6 117.3%  
Dividends per share (Unadj.) Rs01.00 0.0%  
Avg Dividend yield %00.4 0.0%  
Book value per share (Unadj.) Rs98.091.7 106.8%  
Shares outstanding (eoy) m152.79156.93 97.4%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x0.90.8 111.3%   
Avg P/E ratio x12.25.2 235.3%  
P/CF ratio (eoy) x7.64.5 168.8%  
Price / Book Value ratio x4.52.4 185.4%  
Dividend payout %02.3 0.0%   
Avg Mkt Cap Rs m67,34134,921 192.8%   
No. of employees `000NANA-   
Total wages/salary Rs m8,0923,580 226.0%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m75,51943,571 173.3%  
Other income Rs m421137 308.6%   
Total revenues Rs m75,94143,708 173.7%   
Gross profit Rs m8,0349,367 85.8%  
Depreciation Rs m3,3681,042 323.2%   
Interest Rs m1,9391,027 188.8%   
Profit before tax Rs m3,1497,434 42.4%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m-2,381687 -346.4%   
Profit after tax Rs m5,5306,747 82.0%  
Gross profit margin %10.621.5 49.5%  
Effective tax rate %-75.69.2 -817.9%   
Net profit margin %7.315.5 47.3%  
BALANCE SHEET DATA
Current assets Rs m16,95112,020 141.0%   
Current liabilities Rs m21,58713,254 162.9%   
Net working cap to sales %-6.1-2.8 216.8%  
Current ratio x0.80.9 86.6%  
Inventory Days Days329 341.3%  
Debtors Days Days24368 6.5%  
Net fixed assets Rs m26,68721,017 127.0%   
Share capital Rs m153157 97.4%   
"Free" reserves Rs m14,81814,237 104.1%   
Net worth Rs m14,97014,393 104.0%   
Long term debt Rs m6,5173,814 170.9%   
Total assets Rs m43,63733,036 132.1%  
Interest coverage x2.68.2 31.8%   
Debt to equity ratio x0.40.3 164.3%  
Sales to assets ratio x1.71.3 131.2%   
Return on assets %17.123.5 72.7%  
Return on equity %36.946.9 78.8%  
Return on capital %23.746.5 50.9%  
Exports to sales %2.912.5 23.4%   
Imports to sales %3.615.3 23.5%   
Exports (fob) Rs m2,2145,467 40.5%   
Imports (cif) Rs m2,7066,653 40.7%   
Fx inflow Rs m2,2745,467 41.6%   
Fx outflow Rs m3,7056,653 55.7%   
Net fx Rs m-1,432-1,186 120.7%   
CASH FLOW
From Operations Rs m6,3851,929 331.0%  
From Investments Rs m-1,665-3,650 45.6%  
From Financial Activity Rs m-6,6411,710 -388.4%  
Net Cashflow Rs m-1,919-11 17,193.3%  

Share Holding

Indian Promoters % 75.0 61.0 123.0%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 16.5 11.3 145.1%  
FIIs % 3.8 6.6 57.9%  
ADR/GDR % 0.0 0.0 -  
Free float % 25.0 39.0 64.1%  
Shareholders   99,500 68,050 146.2%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare VARROC ENGINEERING With:   BOSCH    TALBROS AUTO    GNA AXLES    GABRIEL INDIA    FIEM INDUSTRIES    


More on VARROC ENGINEERING vs STEEL STRIPS WHEELS

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

VARROC ENGINEERING vs STEEL STRIPS WHEELS Share Price Performance

Period VARROC ENGINEERING STEEL STRIPS WHEELS S&P BSE CAPITAL GOODS
1-Day 1.67% -2.61% -0.70%
1-Month -9.28% -5.34% -6.98%
1-Year -7.50% -29.36% 35.50%
3-Year CAGR 19.41% 5.25% 33.06%
5-Year CAGR 2.86% 21.21% 29.76%

* Compound Annual Growth Rate

Here are more details on the VARROC ENGINEERING share price and the STEEL STRIPS WHEELS share price.

Moving on to shareholding structures...

The promoters of VARROC ENGINEERING hold a 75.0% stake in the company. In case of STEEL STRIPS WHEELS the stake stands at 61.0%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of VARROC ENGINEERING and the shareholding pattern of STEEL STRIPS WHEELS.

Finally, a word on dividends...

In the most recent financial year, VARROC ENGINEERING paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of 0.0%.

STEEL STRIPS WHEELS paid Rs 1.0, and its dividend payout ratio stood at 2.3%.

You may visit here to review the dividend history of VARROC ENGINEERING, and the dividend history of STEEL STRIPS WHEELS.

For a sector overview, read our engineering sector report.



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