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Stovec Inds share price

Stovec Industries Ltd.

BSE: 504959 SECTOR: Textile - Machinery  12k   30   0

2944.50
-132.30 (-4.30%)
BSE: 14 Nov 04:01 PM

Price Summary

Today's High

₹ 3134

Today's Low

₹ 2900

52 Week High

₹ 4372

52 Week Low

₹ 2302

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

614.82 Cr.

Enterprise Value

580.76 Cr.

No. of Shares

0.21 Cr.

P/E

47.6

P/B

5.09

Face Value

₹ 10

Div. Yield

5.91 %

Book Value (TTM)

₹  578.4

CASH

34.05 Cr.

DEBT

0 Cr.

Promoter Holding

71.06 %

EPS (TTM)

₹  61.85

Sales Growth

-12.12%

ROE

5.76 %

ROCE

7.33%

Profit Growth

-63.51 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-12.12%
3 Year11.13%
5 Year1.43%

Profit Growth

1 Year-63.51%
3 Year-12.44%
5 Year-25.25%

ROE%

1 Year5.76%
3 Year13.53%
5 Year14.47%

ROCE %

1 Year7.33%
3 Year17.7%
5 Year18.99%

Debt/Equity

0

Price to Cash Flow

46.6

Interest Cover Ratio

130.761363636364

CFO/PAT (5 Yr. Avg.)

0.815947350851257

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 71.06 0.00
Jun 2024 71.06 0.00
Mar 2024 71.06 0.00
Dec 2023 71.06 0.00
Sep 2023 71.06 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 130.761363636364.
  • The company has an efficient Cash Conversion Cycle of 76.5637842650305 days.
  • Company has a healthy liquidity position with current ratio of 3.19500555664509.
  • The company has a high promoter holding of 71.06%.

 Limitations

  • The company has shown a poor profit growth of -12.4423401870939% for the Past 3 years.
  • The company has shown a poor revenue growth of 11.1273304000918% for the Past 3 years.
  • The company is trading at a high PE of 47.6.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 57.25 47.64 57.97 59.96 61.2
Total Expenditure 54.6 45.97 52.19 53.09 55.24
Operating Profit 2.65 1.67 5.78 6.86 5.97
Other Income 1.47 0.6 0.99 1.15 0.47
Interest 0 0.09 0 0 0
Depreciation 1.48 1.49 1.89 1.68 1.68
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.64 0.7 4.88 6.33 4.76
Tax 0.63 0.13 0.88 1.58 1.16
Profit After Tax 2.02 0.57 4.01 4.75 3.59
Adjusted EPS (Rs) 9.66 2.72 19.19 22.75 17.2

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023
Net Sales 194.25 151.02 233.36 235.85 207.26
Total Expenditure 158.04 135.15 196.42 209.75 193.82
Operating Profit 36.21 15.87 36.94 26.1 13.44
Other Income 5.49 5.83 5.62 4.62 4.43
Interest 0.07 0 0 0 0.09
Depreciation 4.41 4.53 5.1 5.98 6.36
Exceptional Items 0 0 1.59 7.71 0
Profit Before Tax 37.22 17.16 39.05 32.45 11.42
Tax 9.28 3.7 9.41 7.68 2.38
Net Profit 27.94 13.46 29.64 24.77 9.04
Adjusted EPS (Rs.) 133.8 64.48 141.96 118.62 43.28

Balance Sheet (All Figures are in Crores.)

Particulars Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023
Equity and Liabilities
Share Capital 2.09 2.09 2.09 2.09 2.09
Total Reserves 132.65 133.37 158.62 171.63 137.98
Borrowings 0 0 0 0 0
Other N/C liabilities 1.6 1.59 1.58 1.23 1.08
Current liabilities 47.71 46.72 38.2 38.5 45.89
Total Liabilities 184.05 183.76 200.49 213.45 187.04
Assets
Net Block 25.96 29.65 36.07 34.48 35.41
Capital WIP 4.57 0 0.05 0.26 0.12
Intangible WIP 0 0 0 0.18 0.68
Investments 0.7 0.84 0 0 0
Loans & Advances 2.32 3.64 5.59 4.19 2.7
Other N/C Assets 0 0 7.3 9.1 1.5
Current Assets 150.5 149.64 151.49 165.25 146.62
Total Assets 184.05 183.76 200.49 213.45 187.04
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023
Profit from operations 37.22 17.16 39.05 32.45 11.42
Adjustment 0.47 0.12 1 3.12 3.53
Changes in Assets & Liabilities -7.2 11.35 -24.54 -3.87 -0.54
Tax Paid -9.08 -6.46 -11.23 -7.21 -1.21
Operating Cash Flow 21.41 22.18 4.28 24.49 13.19
Investing Cash Flow 15.74 -27.45 2.38 -4.55 27.65
Financing Cash Flow -13.89 -12.44 -4.59 -11.9 -42.68
Net Cash Flow 23.26 -17.71 2.07 8.04 -1.84

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 71.06 71.06 71.06 71.06 71.06
spgprints b v 71.06 71.06 71.06 71.06 71.06
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 28.94 28.94 28.94 28.94 28.94
investor education and pr... 1.76 1.76 1.76 1.76 1.86
kalpesh harakhchand gala - 1.16 1.16 1.20 1.20
llp - - 0.01 0.02 0.01

Ratings & Research Reports

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Company Presentations

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Company News

Stovec Inds - Quaterly Results 12 Aug, 7:24 PM Stovec Inds - Quaterly Results 12 Aug, 7:24 PM Stovec Industries informs about board meeting 1 Aug, 3:32 PM Stovec Industries informs about loss of share certificates 14 Jun, 2:32 PM Stovec Inds - Quaterly Results 9 May, 4:58 PM Stovec Inds - Quaterly Results 9 May, 4:58 PM Stovec Inds - Quaterly Results 9 May, 4:58 PM Stovec Inds - Quaterly Results 26 Feb, 6:17 PM Stovec Inds - Quaterly Results 26 Feb, 6:17 PM Stovec Inds - Quaterly Results 10 Aug, 5:15 PM Stovec Inds - Quaterly Results 10 Aug, 5:15 PM Stovec Industries informs about loss of share certificate 12 May, 4:54 PM Stovec Inds - Quaterly Results 9 May, 5:55 PM Stovec Inds - Quaterly Results 9 May, 5:55 PM Stovec Inds - Quaterly Results 9 May, 5:55 PM Stovec Industries informs about loss of share certificate 22 Apr, 3:07 PM Stovec Industries informs about newspaper publication 8 Apr, 11:54 AM Stovec Inds - Quaterly Results 28 Feb, 6:11 PM Stovec Inds - Quaterly Results 28 Feb, 6:11 PM Stovec Inds - Quaterly Results 28 Feb, 6:11 PM Stovec Industries informs about loss of share certificate 2 Feb, 2:54 PM Stovec Industries informs about details of loss of certificate 23 Dec, 4:55 PM Stovec Inds - Quaterly Results 14 Nov, 4:24 PM Stovec Inds - Quaterly Results 14 Nov, 4:24 PM Stovec Industries informs about loss of share certificate 21 Oct, 10:32 AM Stovec Inds - Quaterly Results 10 Aug, 4:19 PM Stovec Inds - Quaterly Results 10 Aug, 4:19 PM Stovec industries informs about summary of proceedings of 48th AGM 7 May, 2:31 PM Stovec Inds - Quaterly Results 6 May, 6:21 PM Stovec Inds - Quaterly Results 6 May, 6:21 PM Stovec Inds - Quaterly Results 25 Feb, 6:58 PM Stovec Inds - Quaterly Results 25 Feb, 6:58 PM Stovec Industries informs about loss of share certificate 17 Feb, 5:01 PM Stovec Industries informs about termination of agreement 8 Sep, 5:17 PM Stovec Industries submits summary of proceedings of 47th AGM 12 May, 4:28 PM Stovec Industries informs about board meeting 29 Apr, 1:55 PM

Stovec Inds Stock Price Analysis and Quick Research Report. Is Stovec Inds an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Stovec Inds stock price today is Rs 2944.5. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Stovec Inds . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Stovec Inds has a PE ratio of 47.6048049407466 which is high and comparatively overvalued .

  • Share Price: - The current share price of Stovec Inds is Rs 2944.5. One can use valuation calculators of ticker to know if Stovec Inds share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Stovec Inds has ROA of 4.51300541590613 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Stovec Inds has a Current ratio of 3.19500555664509 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Stovec Inds has a ROE of 5.76004997099897 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Stovec Inds has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Stovec Inds has reported revenue growth of -12.1234349096244 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Stovec Inds for the current financial year is 6.48280387540048 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Stovec Inds is Rs 174 and the yield is 5.9093 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Stovec Inds is Rs 61.853 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Stovec Inds in Ticker for free. Also, one can get the intrinsic value of Stovec Inds by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Stovec Inds
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