IST Ltd Stock Analysis

BSE: 508807 | NSE: | Auto Ancillary | Small Cap

BSE Share Price Jul 07, 16:09
461.00 6.20 (1.36%)

DeciZen - Make an Informed Decision on IST

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

FAQs

1. Is IST Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that IST Ltd is a average quality company.

2. Is IST Ltd undervalued or overvalued?

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

3. Is IST Ltd a good buy now?

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

10 Year X-Ray of IST:

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.
IST Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 4.6%4.8%2.7%1.7%2.7%5.1%5.9%3.9%3.9%4.3%-
Value Creation Index -0.7-0.7-0.8-0.9-0.8-0.6-0.6-0.7-0.7-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 19.520.821.318.417.625.32422.417.629.828
YoY Gr. Rt. %-6.6%2.6%-13.7%-4.1%43.3%-5.1%-6.8%-21.6%69.6%-
Adj EPS 5.35.73.42.13.46.88.75.95.878
YoY Gr. Rt. %-9.3%-41.5%-36.6%61.5%97.7%27.4%-31.6%-1.9%20.7%-
BVPS (₹) 117.9123.6127129.2134.8143151.6158.1162.4169.5177.5
Adj Net Profit 6.16.73.92.547.910.16.96.88.29
Cash Flow from Ops. -11.5-0.57.3410.77.19.28.96.511.1-
Debt/CF from Ops. -00001.20.60000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.8%11%7.5%69.6%
Adj EPS 3.3%15.3%-6.8%20.7%
BVPS 4.14.73.84.3
Share Price 19.1% -2.9% 9.4% -24.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 4.64.82.71.72.64.95.93.83.64.24.6
Op. Profit Mgn % 17.926.39.6-1.34.716.918.77.89.113.6-3
Net Profit Mgn % 31.432.218.413.522.731.442.130.938.627.533.8
Debt to Equity 00000.1000000
Working Cap Days 1,147768591616566360444464496239799
Cash Conv. Cycle 145147171173188161188188247139708

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.60%

Sales growth is good in last 4 quarters at 46.18%

Sales growth has been subdued in last 3 years 7.46%

Net Profit has been subdued in last 3 years -6.80%

Latest Financials - IST Ltd.

Standalone Consolidated
TTM EPS (₹) 8 82.8
TTM Sales (₹ Cr.) 27.6 125
BVPS (₹.) 177.5 885.2
Reserves (₹ Cr.) 201 1,027
P/BV 2.56 0.51
PE 56.87 5.49
From the Market
52 Week Low / High (₹) 400.00 / 671.00
All Time Low / High (₹) 21.00 / 794.00
Market Cap (₹ Cr.) 530
Equity (₹ Cr.) 5.8
Face Value (₹) 5
Industry PE 34.1

Management X-Ray of IST :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

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News

About IST Ltd

Indo Swiss Time Limited (IST) was incorporated as a public limited company on 1976 to carry on the business of manufacture, design, import and export of watches and watch parts, components, cases and other ancillary products.

They have a Variety of Turned, Milled, Drilled jobs and Stampings on Swiss and German plant with in-house designing, tooling, surface and heat treatment. 45,000 sq. mtrs. of lush green industrial estate 45 Kms. from New Delhi International Airport.Connected Power Load 750 KW.Self-Generation capacity for Power 600 KVA.

The primary operations of the company are now manufacturing components for exports.  The components manufactured are high quality precision components used in electronic, medical and dental instrument.  The company had developed the components to meet the exacting standards required of its international customers and has been able to secure repeat orders from its buyers. 

They manufacture Precision Turned, Milled, Drilled Components and stampings for the following Industries

  • Auto component industry
  • White goods industry
  • Consumer goods industry
  • Dentel & Orthopeadic Implants

Product range of the company includes:

  • Automotive Transmission Parts.
  • Carburettor Parts
  • Fuel Injection Equipment & Parts
  • Precision Components & Assemblies for-Communication Equipment & Office Products.-Consumer Durable & White Goods. -Oral Care Products. -Instrumentation & Engineering Goods
  • Dental & Orthopeadic Screws

The Major Customers of the company are:

  • General motors, Powertrain Division, Nao, Detroit, USA
  • Borg warner , USA
  • General motors, India
  • Maruti-Suzuki, India
  • Tata-Fiat Automobiles, India
  • Gimmeli Production AG, Switzerland, Hongkong & China
  • Ucal fuel systems (mikuni), India
  • Keihin Fie, India
  • Siemens, India

Achievements/ recognition:

  • ISO/TS 16949:2000 and ISO 14001 Certified Unit. (Through RWTUV Germany).

Future plans:

  • Expansion Projects under execution for Auto Components / Assemblies at Bawal (40,000 sq.mtrs.) and Manesar (9000 sq.mtrs.), Haryana
  • Diversification through Collaborations, Joint Ventures or Technology Transfer Agreements  for new products.
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