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Titagarh Steels Ltd (TITAGRSTEL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 500416 NSE: TITAGRSTEL | Castings/Forgings | Small Cap

BSE Share Price
Not Listed

Titagarh Steels Ltd (TITAGRSTEL)

BSE: 500416 NSE: TITAGRSTEL
Key Metrics
Market Cap
₹16 Cr.
P/E Ratio
0.00
Price to Book (P/B)
2.37
Price to Sales (P/S)
0.20
EV/EBITDA
5.58
Return on Capital Employed (ROCE)
-26.34%
Current Price
₹0
Return on Equity (ROE)
-64.89%
Return on Assets (ROA)
-8.80%
Operating Profit Margin
-2.8%
Net Profit Margin
-6.11%
Gross Profit Margin
-5.3%
Book Value per Share
₹5.1
Sales Growth (YoY)
11.28%
Sales Growth (3 Years)
21.52%
Operating Profit Growth (1 Year)
-152.25%
Operating Profit Growth (3 Years)
NAN%
Net Profit Growth (1 Year)
-1630.56%
52-Week Low / High
₹12 / 12
Net Profit Growth (3 Years)
NAN%
Dividend Yield
0.00%
Promoter Holding
38.52%
Pledged shares (%)
of Promoter's holding (%)
0.00%

DeciZen - make an informed investing decision on Titagarh Steels

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Titagarh Steels stock performance

Key Ratios
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10 Year X-Ray :

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09TTM
ROCE % 1.1%1%-0.3%-0.4%-0.3%0.3%4%19.6%21%-26.3%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 33.741.628.126.431.348.650.374.28190.278
Sales YoY Gr.-23.4%-32.4%-6.1%18.5%55.6%3.3%47.6%9.3%11.3%-
Adj EPS 1.6-0.1-4.6-5.1-5.6-2.52.42.80.3-3.1-4.6
YoY Gr.--108.6%NANANANANA15.5%-90.2%-1255.6%-
BVPS (₹) 58.658.545.940.833.132.13.28.28.54.35.1
Adj Net
Profit
2-0.2-5.7-6.3-7-3.12.13.70.4-4.1-6
Cash Flow from Ops. 6.53.9-11.86.72.12.18.955.24.6-
Debt/CF from Ops. 42.585.6-29.151.6162.3161.322.622-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11.6%23.6%21.5%11.3%
Adj EPS -207.6%NA-209.3%-1255.6%
BVPS-25.1%-33.4%11%-49%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09TTM
Return on
Equity %
2.7-0.2-8.8-11.8-15.3-7.68.839.93.3-27-97.8
Op. Profit
Mgn %
15.511.5-37.5-2-3.1-2.34.76.76-2.85.5
Net Profit
Mgn %
6-0.4-20.3-24-22.3-6.34.14.90.5-4.6-7.8
Debt to
Equity
3.84.66.16.98.38.46.31.20.91.6-
Working Cap
Days
5524415664913662091671141521600
Cash Conv.
Cycle
2862393553312631511066991940

Recent Performance Summary

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Latest Financials

Standalone Consolidated
TTM EPS (₹) -4.6 -
TTM Sales (₹ Cr.) 78.2 -
BVPS (₹) 5.1 -
Reserves (₹ Cr.) -7 -
P/BV 2.37 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 12.00 / 12.30
All Time Low / High (₹) 0.45 / 84.00
Market Cap (₹ Cr.) 15.9
Equity (₹ Cr.) 13.2
Face Value (₹) 10
Industry PE 42.4

Management X-Ray

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 (%)

Valuation of Titagarh Steels - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09
Sales33.6741.5628.0826.3731.2648.6350.2574.1581.0390.17
Operating Expenses + 32.1336.7838.6026.9032.2249.7447.8969.1776.1692.71
Manufacturing Costs12.5412.1011.258.9911.4113.8814.6321.7923.2127.89
Material Costs10.8020.1812.7413.6416.0228.1327.9041.0344.8550.25
Employee Cost 2.402.392.422.212.482.823.504.274.584.49
Other Costs 6.392.1112.192.052.314.911.862.093.5110.08
Operating Profit 1.544.78-10.52-0.53-0.97-1.112.364.984.88-2.55
Operating Profit Margin (%) 4.6%11.5%-37.5%-2.0%-3.1%-2.3%4.7%6.7%6.0%-2.8%
Other Income + 4.890.8310.720.200.861.910.060.810.670.43
Exceptional Items 000001.366.51-0.110-1.97
Interest 43.904.234.655.512.171.411.2123.32
Depreciation 2.871.851.561.351.130.940.870.870.740.73
Profit Before Tax -0.44-0.15-5.58-6.33-6.75-0.946.653.602.81-8.13
Tax 0000000.030.032.44-2.63
Profit After Tax -0.44-0.15-5.58-6.33-6.75-0.946.623.570.36-5.51
PAT Margin (%) -1.3%-0.4%-19.9%-24.0%-21.6%-1.9%13.2%4.8%0.5%-6.1%
Adjusted EPS (₹)-0.4-0.1-4.5-5.1-5.5-0.87.72.70.3-4.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09

Equity and Liabilities

Shareholders Fund + 73.1872.6856.9150.4240.8839.732.7810.9211.2819.23
Share Capital 12.3612.3612.3612.3612.3612.368.6813.2613.2613.26
Reserves 60.8260.3244.5538.0628.5227.37-5.90-2.33-1.975.98
Debt +277.73329.29343.85347.62339.33335.4817.5113.2810.339.15
Long Term Debt277.73329.29343.85347.62339.33335.4817.5113.2810.339.15
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables4.385.755.545.734.946.116.105.305.046.30
Others Liabilities 11.0313.081.120.952.052.828.5213.5431.8831.95
Total Liabilities 366.33420.80407.43404.73387.20384.1434.9143.0558.5466.62

Fixed Assets

Net Fixed Assets +60.5858.7457.1855.8753.2251.795.765.014.7918.04
Gross Block87.7787.7587.7887.8586.2285.6633.5933.7234.2348.21
Accumulated Depreciation27.1929.0130.6131.993333.8827.8328.7029.4430.17
CWIP 243.19299.89302.82305.50298.40298.430000
Investments 3.593.543.543.391.301.295.745.685.685.68
Inventories21.0820.1320.1016.8817.1616.5713.3016.9819.4521.66
Trade Receivables15.3519.3016.6516.2613.8412.446.7210.0413.5611.52
Cash Equivalents 0.940.210.181.320.321.960.660.890.900.64
Others Assets 21.5918.996.955.512.941.672.724.4514.159.08
Total Assets 366.33420.80407.43404.73387.20384.1434.9143.0558.5466.62

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09
Cash Flow From Operating Activity + 6.533.85-11.826.742.092.088.885.035.164.63
PBT -0.44-0.15-5.58-6.33-6.75-2.300.143.602.96-6.03
Adjustment 2.845.52-4.365.9812.321.412.551.833.244.20
Changes in Working Capital 7.872.742.37.11-3.565.29.31-0.36-0.279.11
Tax Paid 0.390.03-0-0.01-0.040-0.02-0.04-0.04-0.55
Cash Flow From Investing Activity + -41.79-56.15-2.74-2.552.232.19-1.45-0.03-0.47-0.46
Capex -46.18-56.72-2.75-2.711.761.83-0.63-0.12-0.51-0.53
Net Investments 3.820.0900.150.150.3100.0600
Others 0.570.480.010.010.320.05-0.820.030.040.07
Cash Flow From Financing Activity + 35.9551.5814.52-3.05-5.31-2.63-8.72-4.76-4.68-4.43
Net Proceeds from Shares 0000000.01000
Net Proceeds from Borrowing 35.9551.5814.521.600-3.86-14.941.32-2.140
Interest Paid 000-4.65-2.470-1.41-1.21-2-3.32
Dividend Paid 0000000000
Others 000-0-2.841.237.63-4.87-0.54-1.11
Net Cash Flow 0.69-0.72-0.031.14-0.991.63-1.290.230.01-0.27

Finance Ratio

PARTICULARSMar'00Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09
Ratios
ROE (%)-0.59-0.21-8.65-11.81-14.79-2.3331.1752.423.28-64.89
ROCE (%)1.071-0.34-0.42-0.320.334.0319.5920.98-26.34
Asset Turnover Ratio0.110.120.080.080.090.150.282.221.851.63
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A1.341.4114.33N/A
Working Capital Days
Receivable Days154.90132.40200.40196.40151.608559.8035.4045.7044.90
Inventory Days196157.40224.20220.70171.50109.2093.306470.6073.60
Payable Days176.8091.60161.70150.70121.6071.7079.9050.7042.1041.20

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Announcements

Titagarh Steels Ltd FAQs

The current trading price of Titagarh Steels on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Titagarh Steels stood at ₹15.89 Cr

The latest P/E ratio of Titagarh Steels as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Titagarh Steels as of 31-Dec-1969 is 2.37.

The 52-week high of Titagarh Steels is ₹12.30 and the 52-week low is ₹12.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Titagarh Steels is ₹78.18 ( Cr.) .

About Titagarh Steels Ltd

Titagarh Steels Ltd.(TSL) formerly the Titagarh Industries Ltd. was incorporated on August 17, 1981 as a company with limited liability and commenced business by taking over the Steel Foundry Division of Britannia Engineering Company Limited (in liquidation). Post modernization of the facilities TSL commenced commercial production with initial capacity of 4800 M.T. per annum which was soon enhanced to 15000 M.T.

Promoted by J P Chowdhary, an Industrialist with vast experience of 45 years in the Industry, TSL is managed by a Board of Directors comprising eminent professionals and the day to day affairs of the company are looked after by J P Chowdhary, Chairman & Managing Director assisted by a team of dedicated personnel.

Titagarh Steels Limited (TSL) is a manufacturer of value added alloy steel castings used as critical components for Railway Wagons and other heavy engineering products.

TSL owns a modern steel foundry spread over 9.16 Acres of land situated at Titagarh, District North 24 Parganas in the State of West Bengal strategically located about 20 K.M. from the city of Kolkata and is primarily engaged in the business of ferrous and non-ferrous metals for the manufacture of general and special castings including bogies, couplers, centre buffer couplers, crossings and other steel castings. 

The foundry at Titagarh granted Class “A” Foundry status by Research and Development Standard Organisation, Ministry of Railways, Government of India (RDSO) has an installed processing capacity of 15000 M.T. of steel castings per annum, employing Green Sand Moulding technology and is equipped with two Arc Furnaces of 5 M.T. each heat for melting resulting in about 100 M.T. of liquid metal tapped per day.

Product range of the company includes:

The company is a manufacturer of Value Added Alloy Steel Castings

  • Bogies
  • Couplers
  • Centre
  • Buffer couplers
  • Crossings 
  • Other Steel Castings

Achievements/ recognition:

  • TSL is accredited with Lloyd’s Prestige Certificate
  • An ISO 9001 certified company
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