Arcotech Ltd - Stock Valuation and Financial Performance

BSE: 532914 | NSE: ARCOTECH | Metal - Non Ferrous | Small Cap

Arcotech Share Price

2.34 0.00 0.00%
as on 30-Aug'21 18:01

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Arcotech stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
24.6 Cr.
52-wk low:
2.3
52-wk high:
2.3

Is an attractive stock to invest in?

1. Is a good quality company?

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

2. Is undervalued or overvalued?

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

3. Is a good buy now?

No data found

10 Year X-Ray of Arcotech:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Arcotech Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 20%17%14.6%13.5%9.8%-8.4%-8.6%-1.7%-8.6%-14.5%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 62565672873476445275.552.474.700
Sales YoY Gr.-4.9%11%0.8%4.1%-40.8%-83.3%-30.6%42.7%-100%-
Adj EPS 3.23.23.52.60.4-8.8-5.6-2.6-5.7-7.8-7.8
YoY Gr.-1.9%8.1%-25.1%-86.2%-2547.2%NANANANA-
BVPS (₹) 12.915.91921.621.612.97.34.7-1-8.84.1
Adj Net
Profit
33.133.736.427.33.8-92.5-59.1-27-60.1-82.1-82
Cash Flow from Ops. 26.241.2-2.647.856.1-94.537.51.61.7-6-
Debt/CF from Ops. 8.25-122.86.36.2-4.811.9293274.9-81.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS -210.6%-285.1%NANA
BVPS-195.8%-183.6%-206.7%NA
Share Price -23.5% -15.7% 8.9% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
27.522.319.912.81.7-47.7-43.7-28.1-113.8448.2329.3
Op. Profit
Mgn %
14.514.213.514.310.4-14.9-88.2-7.2-91.80NAN
Net Profit
Mgn %
5.35.153.70.5-20.5-78.2-51.5-80.50-INF
Debt to
Equity
1.61.21.61.31.52.84.15.620.7-8.3-
Working Cap
Days
1591862032402644312,1402,6971,71400
Cash Conv.
Cycle
1001181211381593161,6822,0721,31400

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Arcotech Ltd.

Standalone Consolidated
TTM EPS (₹) -7.8 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 4.1 -
Reserves (₹ Cr.) 22 -
P/BV 0.58 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 2.34 / 2.34
All Time Low / High (₹) 0.20 / 162.29
Market Cap (₹ Cr.) 24.6
Equity (₹ Cr.) 21
Face Value (₹) 2
Industry PE 11.7

Management X-Ray of Arcotech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *45.6545.6545.6545.6545.6545.6545.6545.6545.6545.65
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Arcotech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales624.95655.80728.19733.76763.97452.1175.4952.3774.730
Operating Expenses 534.09562.98629.95629.06684.23519.52142.0656.17143.3587.48
Manufacturing Costs26.0521.7729.1316.9713.1416.632.091.241.010
Material Costs490.82528.09583.92597.30654.14488.58131.2751.4599.670
Employee Cost 7.608.138.099.438.436.172.570.990.730.30
Other Costs 9.624.998.815.368.528.136.142.4941.9387.18
Operating Profit 90.8692.8198.24104.7079.74-67.41-66.57-3.80-68.61-87.48
Operating Profit Margin (%) 14.5%14.2%13.5%14.3%10.4%-14.9%-88.2%-7.3%-91.8%-
Other Income 1.561.952.313.444.262.281.170.7910.860.04
Interest 37.8839.2639.6761.5171.9261.3113.1025.0721.6721.73
Depreciation 3.873.744.706.057.7610.6011.0711.0611.0510.98
Exceptional Items 0000000000
Profit Before Tax 50.6851.7756.1740.574.32-137.03-89.58-39.15-90.47-120.15
Tax 17.5818.0119.7013.260.41-44.89-30.86-12.63-30.38-37.99
Profit After Tax 33.1033.7636.4727.313.91-92.15-58.71-26.52-60.09-82.16
PAT Margin (%) 5.3%5.1%5.0%3.7%0.5%-20.4%-77.8%-50.6%-80.4%-
Adjusted EPS (₹)3.23.23.52.60.4-8.8-5.6-2.5-5.7-7.8
Dividend Payout Ratio (%)6%6%9%12%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 135.55166.78199.46226.90227.02160.99109.3282.8922.75-59.40
Share Capital 212121212147.0954.1354.1354.1354.13
Reserves 114.55145.78178.46205.90206.02113.9055.2028.77-31.37-113.53
Minority Interest0000000000
Debt208.43198.85291.55263.59304.82391.78376.67394.35401.28422.12
Long Term Debt10.956.7285.3668.3875.3628.022.192.502.883.32
Short Term Debt197.48192.12206.20195.21229.46363.76374.48391.85398.40418.81
Trade Payables80.0696.84109.31120.80113.093.951.191.640.700.70
Others Liabilities 36.2757.53108.23126.50134.36134.0883.3377.0250.9021.22
Total Liabilities 460.32520708.56737.78779.28690.80570.51555.89475.63384.64

Fixed Assets

Gross Block130.29139.18170.78196.53250.89266.88266.88267.23267.21266.60
Accumulated Depreciation42.8246.5651.2657.3164.7374.9986.0697107.93118.32
Net Fixed Assets87.4892.62119.52139.22186.16191.89180.82170.23159.29148.28
CWIP 010.9453.9014.38000000
Investments 0.010.010.050.140.310.120.010.010.010.01
Inventories172.44192.64205.54224.35199.75115.7457.0859.4927.3327.33
Trade Receivables167.96176.78238.98245.13288.52282.99242.62237.65215.09155.21
Cash Equivalents 16.3020.8121.8821.6021.632.221.130.160.160.17
Others Assets16.1526.2068.7092.9682.9297.8488.8588.3573.7553.64
Total Assets 460.32520708.56737.78779.28690.80570.51555.89475.63384.64

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 26.2341.15-2.5547.8256.08-94.4537.481.591.71-6.02
PBT 50.6851.7756.1740.574.32-137.03-89.58-39.15-90.47-120.15
Adjustment 35.5035.1333.0958.2971.0367.4223.5535.7659.48119.26
Changes in Working Capital -14.291.56-80.48-50.22-13.99-15.75103.225.1933.24-5.13
Tax Paid -14.03-15.92-11.33-0.83-5.28-9.090.28-0.21-0.540
Cash Flow From Investing Activity -18.42-29.87-72.718.68-38.99-15.340.26-0.43-0.050.01
Capex -22.15-8.88-31.60-26.06-54.56-16.330-0.48-0.070.01
Net Investments 00-0.04-0.08-0.170.180.12000
Others 3.73-20.99-41.0634.8315.730.800.150.060.020
Cash Flow From Financing Activity -0.39-6.7676.32-56.49-17.05109.79-37.75-1.26-1.676.02
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 2.06-4.2395.060.0112.23-30.41-14.52000
Interest Paid 00-30.29-41.71-59.74-20.20-40.98-1.1700
Dividend Paid -2.10-2.10-2.10-3.15-3.1500000
Others -0.36-0.4313.65-11.6333.61160.3917.75-0.09-1.676.02
Net Cash Flow 7.424.521.070.010.040-0.01-0.1000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)28.1322.3319.9212.811.72-50.92-55.63-42.11-305.09N/A
ROCE (%)29.7325.2821.7319.6513.85-12.78-13.1-2.55-13.22N/A
Asset Turnover Ratio1.771.51.331.131.030.620.120.090.140
PAT to CFO Conversion(x)0.791.22-0.071.7514.34N/AN/AN/AN/AN/A
Working Capital Days
Receivable Days7685931081242311,2711,6741,1060
Inventory Days73908996991274184062120
Payable Days56616470654471040

Arcotech Ltd Stock News

Arcotech Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Arcotech on 30-Aug-2021 18:01 is ₹2.34.
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 30-Aug-2021 18:01 the market cap of Arcotech stood at ₹24.57.
The latest P/E ratio of Arcotech as of 30-Aug-2021 18:01 is 0.00.
The latest P/B ratio of Arcotech as of 30-Aug-2021 18:01 is 0.58.
The 52-week high of Arcotech is ₹2.34 and the 52-week low is ₹2.34.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Arcotech is ₹0.00 ( Cr.) .

About Arcotech Ltd

Arcotech has been promoted by Arvind K Saraf in 1981 for manufacturing internationally acceptable quality of copper and brass strips and foils. The organization is managed by a team of highly qualified and experienced professionals from the non ferrous industry and has moreover, established itself as one of the leading manufacturers of copper/brass strips and foils in the country by creating a niche for itself by producing micro thin foils up to 0.04 mm with close tolerance. The company has now expanded and increased its product range to include other non ferrous alloys like phosphor bronze, nickel silver, cupro nickel, aluminium bronze, tin bearing copper and silver bearing copper, etc. These are produced in the form of semis like ingots, strips, sheets, plates, foils, bus bars, etc. Moreover, the company plans to broaden the already wide range of products to include products like tubes, coin blanks, rods and wires.

In order to develop its existing facilities and to make best use of the technological advances of recent years, the company has relocated itself to its modern factory premises at Bawal, Haryana. Arcotech also continually invests in human resources and machinery to further facilitate the company’s vision.

The company has a rigorous quality control system with a state of art laboratory to achieve precise dimensions with close tolerances.

Industrial Growth Centre, Bawal is conveniently located on the National Highway No. 8 and is only 60 km from the Indira Gandhi International Airport at New Delhi. Industrial Growth Centre, Bawal is earmarked for large and strategic industries and is a showcase for the Haryana government. Leading automobile companies like Maruti Suzuki, Honda Motors, and Hero Honda, together with their ancillary units, are in close proximity.

Arcotech Ltd is the lead company of the Arcotech Group, which aims at creating a benchmarked, professional venture fostering learning and continuous growth in every aspect of its presence. Arcotech Info Pvt Ltd, a group company, is an information technology and services company. It offers effective evaluation, implementation, integration and support of Automatic Identification & Data Capture (AIDC) technologies and biometrics. It is focused on delivery of solutions to the government, healthcare industry and banking sector. Medsave Healthcare (TPA) Ltd, a joint venture with Medsave USA, is a third party administrator for medical insurance and provides healthcare services. The company has a nationwide presence with more than 30 branches across India.

Products

  • ETP Grade Copper
  • DHP Grade Copper
  • Tin Bearing Copper
  • Silver Bearing Copper
  • Brass 90/10 - Cu Zn 10
  • Brass 70/30 - Cu Zn 30
  • Brass 63/37 - Cu Zn 37
  • Brass 60/40 -Cu Zn 40
  • Leaded Brass
  • Nickel silver
  • Phosphor bronze
  • Cupro-nickel
  • Aluminium bronze

Certification/ Recognition

  • ISO 9001:2000 certifications
  • ISO 14001: 2004 certifications
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