Is Swelect Energy Systems a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Swelect Energy Systems Ltd is a below average quality company .

Is Swelect Energy Systems undervalued or overvalued?

The key valuation ratios of Swelect Energy Systems Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Swelect Energy Systems share price return in the past 10 years?

Swelect Energy Systems Ltd share price has appreciated 21.9% annually (CAGR) over the past ten years.

Is Swelect Energy Systems a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Swelect Energy Systems Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the P/E ratio of Swelect Energy Systems?

The latest standalone P/E ratio of Swelect Energy Systems as of 19-Apr-2024 is 50.59.

What is the P/B ratio of Swelect Energy Systems?

The latest standalone P/B ratio of Swelect Energy Systems as of 19-Apr-2024 is 2.40.

What is the 52-week high and low of Swelect Energy Systems?

The 52-week high of Swelect Energy Systems is Rs. 1250.00 and the 52-week low is Rs. 314.00.

Swelect Energy Systems Ltd - Stock Valuation and Financial Performance

Name: Swelect Energy Systems
Brand: Swelect Energy Systems

BSE: 532051 | NSE: SWELECTES | Electronics - Components | Small Cap

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Swelect Energy Share Price

₹1,268.25 60.35 5.00%
as on 19-Apr'24 16:01

10 Year X-Ray of Swelect Energy:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	2.7%	0.9%	0.7%	2.2%	2.2%	0.8%	0.6%	3.2%	6.5%	5.2%	-
Value Creation Index ⓘ	-0.8	-0.9	-1.0	-0.8	-0.8	-0.9	-1.0	-0.8	-0.5	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	50.8	48.3	163	170	174	120	142	185	225	229	253
Sales YoY Gr.	-	-4.9%	236.3%	4.4%	2.4%	-31%	18.5%	29.9%	21.7%	1.9%	-
Adj EPS ⓘ	11.7	-0.7	-0.9	7.7	8.1	0.7	-1.3	12.2	33.3	24.4	23.9
YoY Gr.	-	-106%	NA	NA	5.2%	-91.6%	-292.7%	NA	172.2%	-26.8%	-
BVPS (₹) ⓘ	426.5	425.3	413.5	432.1	444.1	448.3	433.9	449.2	468.7	485.1	503
Adj Net Profit ⓘ	17.7	-1.1	-1.4	11.6	12.2	1	-2	18.5	50.5	36.9	36
Cash Flow from Ops. ⓘ	-63.5	-21.5	25.1	-30.2	1.8	24.6	7.5	-20.9	85.8	9.3	-
Debt/CF from Ops. ⓘ	-1.5	-5.2	2.4	-2.2	47.2	3.8	16.3	-13.1	3.4	39.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	18.2%	5.7%	17.2%	1.9%
Adj EPS ⓘ	8.5%	24.8%	NA	-26.8%
BVPSⓘ	1.4%	1.8%	3.8%	3.5%
Share Price	21.9%	51.9%	87.3%	277%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	2.8	-0.2	-0.2	1.8	1.8	0.2	-0.3	2.8	7.3	5.1	4.8
Op. Profit Mgn % ⓘ	2.6	-0.2	6.2	5.1	7.1	4.1	13.1	14.4	24.9	22.6	14.6
Net Profit Mgn % ⓘ	34.8	-2.2	-0.9	6.8	7	0.9	-1.4	10	22.5	16.1	14.3
Debt to Equity ⓘ	0.1	0.2	0.1	0.1	0.1	0.1	0.2	0.4	0.4	0.5	-
Working Cap Days ⓘ	942	1,348	391	372	432	609	574	612	633	671	751
Cash Conv. Cycle ⓘ	229	290	56	52	55	-47	3	11	65	-67	243

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 17.24%

Sales growth is good in last 4 quarters at 62.14%

Return on Equity has declined versus last 3 years average to 4.80%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Swelect Energy Systems Ltd.

	Standalone	Consolidated
TTM EPS (₹)	23.9	19.2
TTM Sales (₹ Cr.)	253	325
BVPS (₹.) ⓘ	503	537.1
Reserves (₹ Cr.) ⓘ	747	799
P/BV ⓘ	2.40	2.25
PE ⓘ	50.59	62.79

From the Market
52 Week Low / High (₹)	314.00 / 1250.00
All Time Low / High (₹)	6.42 / 1250.00
Market Cap (₹ Cr.)	1,831
Equity (₹ Cr.)	15.2
Face Value (₹)	10
Industry PE ⓘ	90.4

Management X-Ray of Swelect Energy:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Swelect Energy

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Swelect Energy

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	51	48	163	170	174	120	142	185	225	229
Operating Expenses ⓘ	50	49	153	162	162	118	137	158	173	189
Manufacturing Costs	5	4	15	13	12	16	18	17	15	13
Material Costs	32	27	114	122	126	70	80	115	124	135
Employee Cost	5	6	10	11	10	12	11	11	10	12
Other Costs ⓘ	7	11	14	17	13	20	28	15	24	29
Operating Profit ⓘ	1	0	9	8	12	2	5	26	51	40
Operating Profit Margin (%)	2.6%	-0.8%	5.6%	4.5%	6.9%	1.5%	3.7%	14.3%	22.7%	17.5%
Other Income ⓘ	29	25	33	46	38	35	32	33	31	32
Interest ⓘ	1	11	10	5	6	7	10	12	19	25
Depreciation ⓘ	4	9	13	10	13	14	17	15	14	14
Exceptional Items ⓘ	0	-2	1	0	0	0	-25	-7	0	0
Profit Before Tax ⓘ	25	3	21	38	31	15	-14	24	50	33
Tax ⓘ	0	2	9	9	7	4	3	0	0	0
Profit After Tax	25	1	12	29	23	11	-17	24	50	33
PAT Margin (%)	49.1%	2.8%	7.4%	17.3%	13.5%	9.2%	-11.8%	13.2%	22.1%	14.3%
Adjusted EPS (₹)	16.5	0.9	7.9	19.4	15.5	7.3	-11.0	16.0	32.7	21.5
Dividend Payout Ratio (%)	36%	190%	34%	14%	17%	23%	-18%	19%	9%	6%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	646	645	627	655	673	680	658	681	710	735
Share Capital ⓘ	10	10	10	10	10	10	15	15	15	15
Reserves ⓘ	636	635	617	645	663	669	643	666	695	720
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	92	97	50	58	77	91	119	261	270	344
Long Term Debt	75	89	37	18	9	6	29	132	114	108
Short Term Debt	17	8	14	39	68	85	89	129	156	236
Trade Payables	4	3	59	72	76	76	78	82	176	34
Others Liabilities ⓘ	41	41	17	20	21	22	50	33	38	86
Total Liabilities ⓘ	784	786	754	805	847	868	904	1,056	1,195	1,199
Fixed Assets
Gross Block	170	186	135	144	164	231	271	320	328	302
Accumulated Depreciation	25	33	5	15	27	41	52	66	82	73
Net Fixed Assetsⓘ	145	153	131	129	136	190	219	254	247	229
CWIP ⓘ	11	15	0	0	1	1	0	3	1	2
Investmentsⓘ	393	367	407	404	418	426	387	435	474	523
Inventories	17	12	33	48	57	45	54	49	138	59
Trade Receivables	34	22	45	58	32	18	31	75	59	72
Cash Equivalents	75	50	68	74	78	63	39	6	35	2
Others Assetsⓘ	108	167	71	92	124	124	174	235	242	312
Total Assets ⓘ	784	786	754	805	847	868	904	1,056	1,195	1,199

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	-64	-21	25	-30	2	25	7	-21	86	9
PBT ⓘ	25	3	21	38	31	15	-14	24	34	10
Adjustment ⓘ	-23	-2	-11	-25	-17	-8	35	6	17	38
Changes in Working Capital ⓘ	-39	-18	22	-38	-4	24	-12	-50	38	-36
Tax Paid ⓘ	-27	-5	-7	-6	-8	-7	0	-2	-3	-3
Cash Flow From Investing Activity ⓘ	0	71	9	42	-20	-43	-21	-107	-45	-88
Capex	0	1	0	0	0	0	3	1	-6	-43
Net Investments	-11	40	38	28	-14	14	20	-34	2	0
Others ⓘ	11	30	-29	14	-7	-57	-43	-74	-42	-45
Cash Flow From Financing Activityⓘ	55	-2	-67	-25	-10	-23	4	112	30	-11
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	75	28	-58	-19	0	-11	20	0	0	0
Interest Paid ⓘ	-1	-10	-9	-5	-6	-7	-9	-12	-20	-25
Dividend Paid ⓘ	-8	-9	-6	-1	-4	-4	-4	-1	-5	-5
Others ⓘ	-11	-11	5	0	-1	-1	-2	125	55	18
Net Cash Flow ⓘ	-9	48	-33	-13	-29	-41	-9	-16	71	-90

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	3.9	0.21	1.89	4.58	3.53	1.63	-2.5	3.63	7.12	4.52
ROCE (%)	3.75	1.82	4.27	6.21	4.96	2.99	-0.56	4.25	6.97	5.56
Asset Turnover Ratio	0.07	0.06	0.21	0.22	0.21	0.14	0.16	0.19	0.2	0.19
PAT to CFO Conversion(x)	-2.56	-21	2.08	-1.03	0.09	2.27	N/A	-0.88	1.72	0.27
Working Capital Days
Receivable Days	164	211	75	111	95	75	63	105	109	104
Inventory Days	102	109	50	86	110	156	128	102	152	157
Payable Days	63	44	99	196	214	392	349	253	378	282

Swelect Energy Systems Ltd Stock News

Swelect Energy Systems Ltd FAQs

What is the share price of Swelect Energy?

Company share prices are keep on changing according to the market conditions. The closing price of Swelect Energy on 19-Apr-2024 16:01 is ₹1,268.3.

What is the market cap of Swelect Energy?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Apr-2024 16:01 the market cap of Swelect Energy stood at ₹1,831.

What is the P/E ratio of Swelect Energy?

The latest P/E ratio of Swelect Energy as of 19-Apr-2024 16:01 is 50.59.

What is the P/B ratio of Swelect Energy?

The latest P/B ratio of Swelect Energy as of 19-Apr-2024 16:01 is 2.40.

What is the 52-week high and low of Swelect Energy?

The 52-week high of Swelect Energy is ₹1,250 and the 52-week low is ₹314.0.

What is the TTM revenue of Swelect Energy?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Swelect Energy is ₹252.9 ( Cr.) .

About Swelect Energy Systems Ltd

Numeric Power Systems began operations in 1984, its focus has always been excellence in quality of products and dedication in service. This has facilitated Numeric to carve a niche for itself in the Indian UPS market and has made the brand 'Numeric' a legend in the country.

In 1996, the company reached a milestone when it went public. Its stocks have been listed on BSE, MSE and NSE.

Numeric is an industrial leader and a reliable power solutions partner. It provides excellent power continuity and clean power through its Total Power Management solutions. It brings a wide range of world class power conditioning products, addressing the total spectrum of power protection needs, conforming to International standards such as UL / CE and RoHS compliance.

After a decade of professional relationship, the world's largest consumer electronics company Panasonic Industrial Asia, a member of Panasonic Group of Japan, appointed Numeric as the national distributor for its SLA batteries in 2005. This alliance between Numeric and Panasonic offers the complete range of Panasonic high-performance SLA batteries to the Indian market directly and through its channel partners.

The company is powered by an all new-technology, which represents years of advancement, towards the goal of positioning the company as the market leader and be the single largest source for a wide range of power solutions. It is a MNC in the power management solutions arena with a sales and service network in over 220 locations both in India and overseas.

Product of the company

LED Lighting Solutions
UPS -- 1) Line Interactive 2) Double Conversion Online 3) High Energy Products
Home Power Products -- 1) Digital HPH Series 2) Digital HPX Sine wave inverters
Special Power Systems -- 1) Volt Safe
Numeric Energy Storage
Solar Power Solutions

Awards/ Recognition

Softdisk Awards 2008
Market Leadership award 2005
Product Leadership award 2004
Customer Support Leadership award 2004
IFMA award for excellence 2004

Manufacturing units/ plants of the company

Pondicherry, India: The plant at Pondicherry is a state-of-the-art manufacturing facility for the mass production of UPS. This is the first ISO 9001:2000 accredited UPS manufacturing facility in India.
UPS manufacturing plant, Pondicherry: It has a well integrated manufacturing system. These factories are well equipped and are self-sufficient in terms of man power and machinery. The products undergo stringent quality tests at every stage of manufacturing. The manufacturing plant at Pondicherry designed for mass production of UPS systems with facilities such as conveyorized assembly, wave soldering, computer aided testing and well stacked inventory of raw materials & finished goods.
CNC fabrication plant, Chennai: The CNC fabrication plant at Chennai manufactures MS enclosures for the companyâ€™s UPS systems. The CNC fabrication plant in Chennai, with Muratec & Amada from Japan, Darley - Holland, Gema Volstatic, Switzerland and Automated power coating facility with CNC turret punch press, CNC press brake and powder coating workstations matching international quality and standards.
Magnetic Division, T & S, Chennai: The transformers and chokes manufactured as fully equipped with Toroidal coil winding machinery and vacuum impregnation plant.
EHTP, Chennai: A wide range of well designed mid and high end UPS systems are manufactured in Chennai.
Salem, India: The manufacturing plant in Salem has a fully integrated sheet metal process with in-house magnetic divisions and state-of-art UPS manufacturing facility.
Parwanoo, India: The Parwanoo plant is strategically located to reach its customers in northern, eastern and western part of the country catering to mid range UPS requirements.
Colombo, Sri Lanka: A modern facility (a BOI company) in Colombo, Sri Lanka, manufactures world class Digital HP Series UPS system for the international market.

Clientele

Indian Clientele

Banking Insurance & Finance -- Nationalised banks, multinational banks, private and co-operative banks -- SBI & its associates, Citibank, ICICI, HDFC, etc.
Research & Educational Institutions -- Central and state government research bodies, private institutions, top tech and management Institutions -- BARC, C-DAC, IIT, IIM, ISRO, ISI, NIT, etc.
Information Technology -- IT/ITeS, corporates, BPOs and services -- CTS, Wipro, Infosys, Honeywell, Motorola, etc.
Corporate -- Multinational Indian corporate and manufacturing houses -- Reliance, Times, Murugappa Group, TVS Group, ABB, L&T, MRF, Hero, etc.
Government -- State and central government bodies -- Defence and PSUs AAI, ECIL, ITI, IOCL, APTS, NIC, DGSND, BSNL, Indian Railways, etc.

International Clientele