Nifty

:

22147.00

Sensex

:

73088.33

151.15 (0.69%)
599.34 (0.83%)

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Nifty
Sensex

:
:

22147.00
73088.33

151.15 (0.69%)
599.34 (0.83%)

Stovec Industries Ltd.

Textile - Machinery

Rating :

54/99

BSE: 504959 | NSE: Not Listed

Watchlist

NSE BSE

2595.80

19-Apr-2024

Open
High
Low
Previous Close

2604.95
2621.60
2557.55
2591.70

Volume
Traded Value (lacs)
52 Week High
52 Week Low

104
17.16
3030.00
2021.00

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

542.01
59.98
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

507.95
6.70%
3.87

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

8.12
1.31
-3.88

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-1.76
-17.98
-18.31

PAT CAGR (%)

10 Years
5 Years
3 Years

-2.03
-20.20
-32.69

P:E (Median)

8 Years
5 Years
3 Years

19.09
17.83
18.93

P:BV (Average)

8 Years
5 Years
3 Years

3.03
3.03
3.09

EV:EBITDA (Average)

8 Years
5 Years
3 Years

12.84
13.44
16.05

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 57.97 60.93 -4.86% 47.64 44.61 6.79% 57.25 64.32 -10.99% 44.39 65.99 -32.73%
Expenses 52.19 57.51 -9.25% 45.97 43.45 5.80% 54.60 55.40 -1.44% 41.06 53.40 -23.11%
EBITDA 5.78 3.42 69.01% 1.67 1.16 43.97% 2.65 8.92 -70.29% 3.33 12.60 -73.57%
EBIDTM 9.98% 5.61% 3.50% 2.60% 4.63% 13.87% 7.51% 19.09%
Other Income 0.99 0.97 2.06% 0.60 0.84 -28.57% 1.47 1.56 -5.77% 1.37 1.24 10.48%
Interest 0.00 0.00 0 0.09 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 1.89 1.50 26.00% 1.49 1.48 0.68% 1.48 1.49 -0.67% 1.51 1.50 0.67%
PBT 4.88 2.89 68.86% 0.70 0.51 37.25% 2.64 16.70 -84.19% 3.20 12.34 -74.07%
Tax 0.88 1.23 -28.46% 0.13 -0.37 - 0.63 4.16 -84.86% 0.75 2.66 -71.80%
PAT 4.01 1.66 141.57% 0.57 0.88 -35.23% 2.02 12.54 -83.89% 2.45 9.68 -74.69%
PATM 6.91% 2.73% 1.19% 1.97% 3.52% 19.50% 5.51% 14.67%
EPS 19.08 7.92 140.91% 2.70 4.19 -35.56% 9.60 59.71 -83.92% 11.65 46.11 -74.73%

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Expenses 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBITDA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBIDTM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Tax 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Dec 23 Dec 22 Dec 21 Dec 20 Dec 19 Dec 18 Dec 17 Dec 16 Dec 15 Dec 14
Net Sales - 207.26 235.85 233.36 150.12 194.25 193.02 209.82 188.51 156.70 94.91 Net Sales Growth - -12.12% 1.07% 55.45% -22.72% 0.64% -8.01% 11.30% 20.30% 65.10% Cost Of Goods Sold - 125.01 138.26 127.43 79.80 95.42 95.88 114.03 105.73 88.01 51.31 Gross Profit - 82.25 97.60 105.93 70.31 98.82 97.13 95.79 82.79 68.69 43.60 GP Margin - 39.68% 41.38% 45.39% 46.84% 50.87% 50.32% 45.65% 43.92% 43.84% 45.94% Total Expenditure - 193.82 209.75 196.42 133.54 158.04 153.30 168.18 153.05 123.86 78.86 Power & Fuel Cost - 15.58 16.88 17.44 11.72 14.80 14.08 11.09 9.34 8.43 6.27 % Of Sales - 7.52% 7.16% 7.47% 7.81% 7.62% 7.29% 5.29% 4.95% 5.38% 6.61% Employee Cost - 24.74 25.54 23.93 20.22 19.94 20.81 19.50 16.37 13.35 11.54 % Of Sales - 11.94% 10.83% 10.25% 13.47% 10.27% 10.78% 9.29% 8.68% 8.52% 12.16% Manufacturing Exp. - 7.88 8.47 7.37 5.68 6.81 8.45 9.32 7.28 5.35 4.11 % Of Sales - 3.80% 3.59% 3.16% 3.78% 3.51% 4.38% 4.44% 3.86% 3.41% 4.33% General & Admin Exp. - 10.76 9.98 9.28 9.43 9.38 6.49 6.45 4.15 2.44 3.22 % Of Sales - 5.19% 4.23% 3.98% 6.28% 4.83% 3.36% 3.07% 2.20% 1.56% 3.39% Selling & Distn. Exp. - 3.04 3.93 4.57 2.62 6.97 1.45 0.00 1.62 1.10 1.60 % Of Sales - 1.47% 1.67% 1.96% 1.75% 3.59% 0.75% 0% 0.86% 0.70% 1.69% Miscellaneous Exp. - 6.82 6.70 6.40 4.07 4.71 6.13 7.79 8.57 5.18 1.60 % Of Sales - 3.29% 2.84% 2.74% 2.71% 2.42% 3.18% 3.71% 4.55% 3.31% 0.85% EBITDA - 13.44 26.10 36.94 16.58 36.21 39.72 41.64 35.46 32.84 16.05 EBITDA Margin - 6.48% 11.07% 15.83% 11.04% 18.64% 20.58% 19.85% 18.81% 20.96% 16.91% Other Income - 4.43 4.62 5.62 5.17 5.49 5.97 3.87 3.95 3.55 3.14 Interest - 0.09 0.00 0.00 0.04 0.07 0.23 0.13 0.31 0.18 0.06 Depreciation - 6.36 5.98 5.10 4.53 4.41 5.25 5.98 5.13 5.16 2.61 PBT - 11.42 24.74 37.46 17.16 37.22 40.21 39.40 33.98 31.07 16.51 Tax - 2.38 7.68 9.40 3.70 9.28 15.59 13.70 11.58 10.53 5.41 Tax Rate - 20.84% 23.67% 24.07% 21.56% 24.93% 28.70% 34.77% 34.08% 33.89% 32.77% PAT - 9.04 24.77 29.64 13.46 27.94 38.72 25.69 22.39 20.54 11.10 PAT before Minority Interest - 9.04 24.77 29.64 13.46 27.94 38.72 25.69 22.39 20.54 11.10 Minority Interest - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin - 4.36% 10.50% 12.70% 8.97% 14.38% 20.06% 12.24% 11.88% 13.11% 11.70% PAT Growth - -63.50% -16.43% 120.21% -51.83% -27.84% 50.72% 14.74% 9.01% 85.05% EPS - 43.05 117.95 141.14 64.10 133.05 184.38 122.33 106.62 97.81 52.86

Description TTM Dec 18 Dec 17 Dec 16 Dec 15 Dec 14 Dec 13
Net Sales - 194.80 212.70 194.64 162.20 102.34 77.28 Net Sales Growth - -8.42% 9.28% 20.0% 58.49% 32.43% Cost Of Goods Sold - 96.53 111.79 105.12 88.18 56.16 42.05 Gross Profit - 98.28 100.91 89.52 74.01 46.18 35.23 GP Margin - 50.45% 47.44% 45.99% 45.63% 45.12% 45.59% Total Expenditure - 154.09 169.03 155.32 126.90 85.49 64.05 Power & Fuel Cost - 14.09 11.10 9.35 8.44 6.28 4.80 % Of Sales - 7.23% 5.22% 4.80% 5.20% 6.14% 6.21% Employee Cost - 20.97 20.22 16.96 13.88 11.73 8.72 % Of Sales - 10.76% 9.51% 8.71% 8.56% 11.46% 11.28% Manufacturing Exp. - 8.49 9.44 7.38 5.43 4.22 2.87 % Of Sales - 4.36% 4.44% 3.79% 3.35% 4.12% 3.71% General & Admin Exp. - 6.55 6.66 4.14 2.65 3.52 3.12 % Of Sales - 3.36% 3.13% 2.13% 1.63% 3.44% 4.04% Selling & Distn. Exp. - 0.00 0.00 1.62 1.10 2.69 1.40 % Of Sales - 0% 0% 0.83% 0.68% 2.63% 1.81% Miscellaneous Exp. - 7.48 9.82 10.76 7.22 0.88 1.09 % Of Sales - 3.84% 4.62% 5.53% 4.45% 0.86% 1.41% EBITDA - 40.71 43.67 39.32 35.30 16.85 13.23 EBITDA Margin - 20.90% 20.53% 20.20% 21.76% 16.46% 17.12% Other Income - 6.19 4.09 4.02 3.33 3.12 3.47 Interest - 0.23 0.16 0.36 0.22 0.08 0.08 Depreciation - 5.26 6.05 5.20 5.23 2.65 1.50 PBT - 41.40 41.55 37.79 33.18 17.25 15.12 Tax - 15.89 14.39 12.84 11.30 5.65 4.54 Tax Rate - 32.11% 34.63% 33.98% 34.06% 32.75% 30.03% PAT - 33.60 27.16 24.94 21.88 11.60 10.58 PAT before Minority Interest - 33.60 27.16 24.94 21.88 11.60 10.58 Minority Interest - 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin - 17.25% 12.77% 12.81% 13.49% 11.33% 13.69% PAT Growth - 23.71% 8.90% 13.99% 88.62% 9.64% EPS - 160.00 129.33 118.76 104.19 55.24 50.38

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Dec 23 Dec 22 Dec 21 Dec 20 Dec 19 Dec 18 Dec 17 Dec 16 Dec 15 Dec 14
Shareholder's Funds 140.06 173.72 160.71 135.46 134.74 121.34 110.99 85.47 70.87 57.61 Share Capital 2.09 2.09 2.09 2.09 2.09 2.09 2.09 2.09 2.09 2.09 Total Reserves 137.98 171.63 158.62 133.37 132.65 119.25 108.90 83.38 68.78 55.53 Non-Current Liabilities 1.08 1.23 1.58 1.59 1.60 3.15 3.19 3.30 43.16 32.66 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 2.38 2.17 2.02 2.11 1.69 1.42 1.08 1.46 41.67 31.37 Current Liabilities 45.89 38.50 38.20 46.72 47.71 61.63 43.84 53.82 43.39 26.90 Trade Payables 27.64 22.86 15.31 20.17 21.50 23.62 27.19 25.78 19.59 13.58 Other Current Liabilities 15.72 13.31 20.71 19.23 15.50 26.46 4.11 17.47 15.46 8.93 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 2.53 2.33 2.17 7.32 10.72 11.55 12.54 10.57 8.34 4.39 Total Liabilities 187.03 213.45 200.49 183.77 184.05 186.12 158.02 142.59 157.42 117.17 Net Block 35.41 34.48 36.07 29.65 25.96 29.25 37.21 23.40 25.24 24.90 Gross Block 67.80 60.76 56.88 45.67 37.84 36.84 43.18 49.86 46.91 41.74 Accumulated Depreciation 32.38 26.28 20.81 16.02 11.88 7.60 5.98 26.46 21.67 16.84 Non Current Assets 40.42 48.20 49.00 34.12 33.55 32.97 45.29 48.90 68.68 56.70 Capital Work in Progress 0.80 0.44 0.05 0.00 4.57 0.44 0.48 5.99 0.27 0.01 Non Current Investment 0.00 0.00 0.00 0.84 0.70 1.11 1.30 1.07 0.01 0.01 Long Term Loans & Adv. 2.70 4.19 5.59 3.64 2.32 2.17 3.34 2.29 41.26 31.20 Other Non Current Assets 1.50 9.10 7.30 0.00 0.00 0.00 2.97 16.16 1.91 0.58 Current Assets 146.62 165.25 151.49 149.64 150.50 153.15 112.73 93.68 88.74 60.46 Current Investments 0.00 0.08 0.58 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 58.53 57.53 39.43 31.08 33.16 24.56 31.68 36.81 28.03 19.53 Sundry Debtors 31.15 23.48 31.32 24.55 31.44 27.44 34.30 25.66 29.85 19.81 Cash & Bank 34.05 71.09 74.40 86.87 77.52 89.70 34.76 23.62 26.51 13.35 Other Current Assets 22.89 1.72 3.55 2.58 8.37 11.44 11.99 7.59 4.33 7.77 Short Term Loans & Adv. 21.88 11.36 2.21 4.56 6.78 10.18 10.36 5.41 3.65 7.21 Net Current Assets 100.73 126.75 113.29 102.93 102.78 91.52 68.88 39.87 45.35 33.57 Total Assets 187.04 213.45 200.49 183.76 184.05 186.12 158.02 142.58 157.42 117.16

Description Dec 18 Dec 17 Dec 16 Dec 15 Dec 14 Dec 13
Shareholder's Funds 141.20 116.95 89.91 72.76 58.16 50.41 Share Capital 2.09 2.09 2.09 2.09 2.09 2.09 Total Reserves 139.12 114.87 87.83 70.67 56.07 48.32 Non-Current Liabilities 3.15 2.97 57.71 44.29 32.93 27.66 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 1.42 1.08 55.89 42.80 31.66 26.73 Current Liabilities 41.76 46.61 55.82 45.36 30.85 17.05 Trade Payables 23.62 29.10 27.23 21.12 17.02 7.83 Other Current Liabilities 6.60 4.22 18.00 15.90 9.37 5.03 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 11.55 13.29 10.58 8.35 4.47 4.20 Total Liabilities 186.11 166.53 203.44 162.41 121.94 95.12 Net Block 29.25 37.41 23.66 25.56 25.22 12.67 Gross Block 36.84 43.45 50.30 47.34 42.10 27.09 Accumulated Depreciation 7.60 6.05 26.64 21.78 16.88 14.42 Non Current Assets 32.97 45.93 103.86 70.51 57.31 39.31 Capital Work in Progress 0.44 0.48 5.99 0.27 0.02 0.46 Non Current Investment 1.11 1.29 1.06 0.00 0.00 0.00 Long Term Loans & Adv. 2.17 3.50 56.76 42.76 31.43 26.17 Other Non Current Assets 0.00 3.24 16.39 1.92 0.65 0.00 Current Assets 153.15 120.61 99.58 91.90 64.62 55.82 Current Investments 0.00 0.00 0.00 0.00 0.00 2.94 Inventories 24.56 33.65 38.34 30.11 22.30 10.88 Sundry Debtors 27.44 31.67 24.92 28.18 22.69 13.31 Cash & Bank 89.70 41.57 27.04 27.74 14.83 26.57 Other Current Assets 11.44 1.84 2.27 0.70 4.81 2.12 Short Term Loans & Adv. 10.18 11.88 7.02 5.17 4.34 1.11 Net Current Assets 111.38 73.99 43.77 46.54 33.78 38.76 Total Assets 186.12 166.54 203.44 162.41 121.93 95.13

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Dec 23 Dec 22 Dec 21 Dec 20 Dec 19 Dec 18 Dec 17 Dec 16 Dec 15 Dec 14
Cash From Operating Activity 13.19 24.49 4.28 22.22 21.41 40.84 20.06 25.36 17.63 4.73 PBT 11.42 32.45 39.05 17.16 37.22 54.32 39.40 33.98 31.07 16.51 Adjustment 3.53 3.12 1.00 0.83 0.47 -11.72 4.08 5.32 4.61 1.14 Changes in Working Capital -0.54 -3.87 -24.54 10.69 -7.20 13.79 -9.90 -1.13 -8.31 -7.30 Cash after chg. in Working capital 14.41 31.70 15.51 28.68 30.48 56.39 33.57 38.17 27.37 10.36 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -1.21 -7.21 -11.23 -6.46 -9.07 -15.55 -13.51 -12.82 -9.75 -5.62 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 27.65 -4.55 2.38 -27.45 15.74 -36.43 -6.79 -18.88 -12.76 -10.71 Net Fixed Assets -7.40 -4.27 -11.26 -3.26 -5.13 6.38 12.19 -8.67 -5.43 -14.20 Net Investments 0.08 0.50 0.26 -0.14 0.41 0.19 -0.23 -1.06 0.00 2.93 Others 34.97 -0.78 13.38 -24.05 20.46 -43.00 -18.75 -9.15 -7.33 0.56 Cash from Financing Activity -42.68 -11.90 -4.59 -12.48 -13.89 -9.29 -7.93 -7.59 -4.07 -3.73 Net Cash Inflow / Outflow -1.84 8.04 2.06 -17.71 23.26 -4.88 5.34 -1.12 0.79 -9.71 Opening Cash & Equivalents 23.75 15.71 13.64 31.36 8.09 12.97 7.63 8.74 7.95 17.66 Closing Cash & Equivalent 21.91 23.75 15.71 13.64 31.36 8.09 12.97 7.63 8.74 7.95

Description Dec 18 Dec 17 Dec 16 Dec 15 Dec 14 Dec 13
Cash From Operating Activity 37.63 23.45 27.69 22.93 1.27 8.73 PBT 49.49 41.55 37.79 33.18 17.25 15.12 Adjustment -6.58 3.96 5.37 4.99 1.35 0.17 Changes in Working Capital 10.40 -7.76 -1.33 -4.67 -11.53 -2.50 Cash after chg. in Working capital 53.31 37.75 41.82 33.50 7.07 12.78 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -15.69 -14.30 -14.13 -10.58 -5.80 -4.05 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -37.56 -8.62 -19.43 -18.40 -5.95 0.80 Net Fixed Assets 6.38 12.19 -8.67 -5.43 -14.20 Net Investments 0.19 -0.23 -1.06 0.00 2.93 Others -44.13 -20.58 -9.70 -12.97 5.32 Cash from Financing Activity -9.30 -7.95 -7.65 -4.12 -3.75 -2.69 Net Cash Inflow / Outflow -9.22 6.87 0.62 0.40 -8.42 6.84 Opening Cash & Equivalents 17.32 10.45 9.83 9.43 17.66 10.82 Closing Cash & Equivalent 8.09 17.32 10.45 9.83 9.43 17.66

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Dec 23 Dec 22 Dec 21 Dec 20 Dec 19 Dec 18 Dec 17 Dec 16 Dec 15 Dec 14
Book Value (Rs.) 670.81 831.98 769.68 648.73 645.32 581.12 531.57 409.35 339.41 275.93 ROA 4.51% 11.97% 15.43% 7.32% 15.09% 22.51% 17.09% 14.93% 14.96% 10.46% ROE 5.76% 14.81% 20.02% 9.97% 21.82% 33.34% 26.16% 28.65% 31.97% 20.55% ROCE 7.33% 19.40% 26.37% 12.74% 29.12% 46.95% 40.24% 43.86% 48.63% 30.69% Fixed Asset Turnover 3.22 4.01 4.55 3.60 5.20 4.83 4.68 4.20 3.82 2.97 Receivable days 48.10 42.40 43.69 68.07 55.32 58.29 50.30 49.85 53.46 59.04 Inventory Days 102.19 75.02 55.14 78.10 54.23 53.10 57.45 58.22 51.21 54.21 Payable days 73.73 50.39 50.82 95.30 53.54 62.02 60.19 53.99 49.10 49.15 Cash Conversion Cycle 76.56 67.03 48.02 50.87 56.01 49.37 47.56 54.08 55.58 64.09 Total Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Interest Cover 130.76 0.00 0.00 391.05 573.55 240.40 294.18 112.18 178.21 262.99

Description Dec 18 Dec 17 Dec 16 Dec 15 Dec 14 Dec 13
Book Value (Rs.) 676.26 560.12 430.62 348.47 278.55 241.44 ROA 19.06% 14.68% 13.64% 15.39% 10.69% 11.12% ROE 26.03% 26.25% 30.67% 33.43% 21.37% 20.99% ROCE 38.52% 40.32% 46.90% 51.03% 31.93% 30.14% Fixed Asset Turnover 4.85 4.71 4.32 3.94 3.20 3.10 Receivable days 55.37 46.78 45.90 52.70 59.42 57.90 Inventory Days 54.53 59.51 59.17 54.29 54.76 47.33 Payable days 64.37 64.70 57.46 56.21 52.78 45.86 Cash Conversion Cycle 45.53 41.59 47.61 50.79 61.41 59.37 Total Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 Interest Cover 212.10 260.21 106.05 148.79 210.90 200.50

Top Investors:

investor education and protection fund authority ministry of corporate affairs

kalpesh harakhchand gala

Annual Reports:

News Update:

Stovec Inds - Quarterly Results
26th Feb 2024, 18:17 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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