Simplex Castings Ltd - Stock Valuation and Financial Performance

BSE: 513472 | NSE: SIMPLEXCAS | Castings/Forgings | Small Cap

Simplex Castings Share Price

215 0.00 0.00%
as on 12-Jul'24 16:00

DeciZen - make an informed investing decision on Simplex Castings

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation


3. Price Trend

Simplex Castings stock performance -

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

Is Simplex Castings Ltd an attractive stock to invest in?

1. Is Simplex Castings Ltd a good quality company?

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

2. Is Simplex Castings Ltd undervalued or overvalued?

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

3. Is Simplex Castings Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Simplex Castings 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 Simplex Castings:

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.
Simplex Castings 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

ROCE % 7.5%8.1%8.9%7.2%7%-3.6%-15.5%5.4%6.5%3.6%-
Value Creation

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15917021522022218355.880.691.8117122
Sales YoY Gr.-7%26.3%2.6%0.8%-17.6%-69.5%44.4%14%27%-
YoY Gr.--32.8%274%-29.1%6.5%-494.4%NANANA-245.8%-
BVPS (₹) 127.6127.2135131.8135.1110.271.874.277.749.757.1
Adj Net
Cash Flow from Ops. 34.417.7812.134.2-6.5-32.4-0.41911.9-
Debt/CF from Ops.


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -3.4%-12.1%27.8%27%
Adj EPS -200.2%-188.3%NA-245.8%
Share Price 15.9% 34.4% 67.1% 341.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on
Equity %
Op. Profit
Mgn %
Net Profit
Mgn %
Debt to
Working Cap
Cash Conv.

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.60%

Sales growth is growing at healthy rate in last 3 years 27.84%

Sales growth is good in last 4 quarters at 21.39%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 2.15

Latest Financials - Simplex Castings Ltd.

Standalone Consolidated
TTM EPS (₹) 3.5 18.1
TTM Sales (₹ Cr.) 122 90.9
BVPS (₹.) 57.1 0
Reserves (₹ Cr.) 32 44
P/BV 3.76 0.00
PE 60.97 11.91
From the Market
52 Week Low / High (₹) 45.80 / 219.00
All Time Low / High (₹) 1.00 / 219.00
Market Cap (₹ Cr.) 146
Equity (₹ Cr.) 6.8
Face Value (₹) 10
Industry PE 38.1

Management X-Ray of Simplex Castings:

Shareholding Pattern

Promoter's Holding & Share Pledging

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

Event Update

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Analyst's Notes

Key Ratios of Simplex Castings

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
Operating Expenses 137147194199196183986877104
Manufacturing Costs333647433616104520
Material Costs788311112812712442404663
Employee Cost 14151518161715131312
Other Costs 1212211017253111139
Operating Profit 22232121260-42131513
Operating Profit Margin (%) 13.6%13.6%9.6%9.6%11.6%0.1%-75.9%15.7%16.0%10.9%
Other Income 11322422223
Interest 141512111214101098
Depreciation 687812158665
Exceptional Items 000000-230-21
Profit Before Tax 31543-25-4012-19
Tax 10210-9-1101-2
Profit After Tax 21423-16-2912-17
PAT Margin (%) 1.0%0.7%1.7%1.0%1.5%-8.6%-51.2%1.3%1.7%-14.6%
Adjusted EPS (₹)
Dividend Payout Ratio (%)20%0%8%13%9%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)

Equity and Liabilities

Shareholders Fund 79778179816844454830
Share Capital 6666666666
Reserves 73717573756138394124
Minority Interest0000000000
Long Term Debt18172131292423312726
Short Term Debt47445048535444443636
Trade Payables36404342829535283331
Others Liabilities 4957423553708122410
Total Liabilities 230236237235298311154160168134

Fixed Assets

Gross Block171171173771167178757878
Accumulated Depreciation8392998201825313641
Net Fixed Assets87797469965353444137
CWIP 11051601200
Investments 0003330000
Trade Receivables34345165618821222715
Cash Equivalents 4322365555
Others Assets294756363310827302320
Total Assets 230236237235298311154160168134

Cash Flow

(All Figures are in Crores.)
Cash Flow From Operating Activity 341881234-6-3201912
PBT 31543-19-5712-19
Adjustment 1918152125232316139
Changes in Working Capital 13-1-11-106-275-18422
Tax Paid -10-1-2000000
Cash Flow From Investing Activity -3-1-5-13-33-18330-1
Capex -3-1-5-10-340-3-1-1-1
Net Investments 000-2-100100
Others 000-11086301
Cash Flow From Financing Activity -32-18-3007-50-3-20-10
Net Proceeds from Shares 0000020000
Net Proceeds from Borrowing -12-751304-27-3-1
Interest Paid -12-12-10-11-12-8-9-10-9-8
Dividend Paid -1000000000
Others -711-21210-390-70
Net Cash Flow 0-1-101-100-11
ROE (%)2.051.574.532.84.2-21.33-
ROCE (%)10.8411.0511.419.438.73-6.75-22.61109.21-9.99
Asset Turnover Ratio0.770.8110.840.60.240.510.560.77
PAT to CFO Conversion(x)17182611.33N/AN/A09.5N/A
Working Capital Days
Receivable Days87676690102148355979765
Inventory Days1351439683115138327235253202
Payable Days156168136120178260559289241188

Simplex Castings Ltd Stock News

Simplex Castings Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Simplex Castings on 12-Jul-2024 16:00 is ₹215.0.
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 12-Jul-2024 16:00 the market cap of Simplex Castings stood at ₹145.8.
The latest P/E ratio of Simplex Castings as of 12-Jul-2024 16:00 is 60.97.
The latest P/B ratio of Simplex Castings as of 12-Jul-2024 16:00 is 3.76.
The 52-week high of Simplex Castings is ₹219.0 and the 52-week low is ₹45.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Simplex Castings is ₹122.1 ( Cr.) .

About Simplex Castings Ltd

Simplex Castings was incorporated as a private limited company on January 30, 1980 as per the provisions of the Companies Act 1956. It was converted into a public limited company in March 1993.

Simplex Castings a Simplex Group company is engaged in manufacturing of engineering castings in various grades for core industrial sector like steel, power, railroad equipment, mining, cement, defence, sugar and other specialized areas in as cast, machined and in assembled condition. Simplex Group of Industries is one of the leading Indian manufacturers of different engineering products, castings and equipments for all core industrial sectors for the last 50 years. With 50 years of engineering experience, technical know - how coupled with modern design, manufacturing & NDT facilities, Simplex has become synonym of high quality products. Simplex Castings consists of two major units one heavy grey iron unit and other heavy steel casting foundry. To balance the facilities both the units have been equipped with machine moulding lines also. Both the foundries have their own experienced pattern makers with pattern shop which are fully equipped with various wood working machines. The experienced pattern inspector ensure the quality of patterns.

Both the foundries have in-house facilities for stress relieving, normalising, quenching etc. to achieve the properties of castings as per technical delivery conditions.

The foundries and the Group Company 'Simplex Engineering' are equipped with 350 sophisticated machine tools comprising of horizontal & vertical boring machines, milling machines, CNC lathes, radial drilling machines, plano millers and tool planners backed by 3000 experienced and professional work force. To match the exact machining requirement of the product they also deliver the castings in proof machined as well as in finish machined condition.

Product range of the company includes:

  • Ingot Mould
  • Sprocket
  • Counter Weight for Fork Lift
  • Wheel Hub for 250 m Model Truck

Achievements/ recognition:

The company's products are accepted by inspection agencies such as Lloyds, Rites, RDSO, SGS, Bureau Veritas and other such international inspection agencies.

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