Samrat Forgings Ltd - Stock Valuation and Financial Performance

BSE: 543229 | NSE: | Forgings | Small Cap

Samrat Forgings Ltd. Share Price

312 -4.00 -1.27%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Samrat Forgings Ltd.

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

1. Quality

2. Valuation

Fair

3. Price Trend

Samrat Forgings stock performance -

mw4me loader
P/E Ratio (SA):
45.86
Market Cap:
156 Cr.
52-wk low:
145.1
52-wk high:
575

Is Samrat Forgings Ltd an attractive stock to invest in?

1. Is Samrat Forgings Ltd a good quality company?

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

2. Is Samrat Forgings Ltd undervalued or overvalued?

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

3. Is Samrat Forgings Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Samrat Forgings 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 Samrat Forgings Ltd.:

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.
Samrat Forgings 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 9.4%7.5%7.4%7.9%9%8.3%7.1%10.5%10.5%10.6%-
Value Creation
Index
-0.3-0.5-0.5-0.4-0.4-0.4-0.5-0.3-0.3-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 77.468.366.8718096.282.1118139181168
Sales YoY Gr.--11.7%-2.3%6.3%12.7%20.3%-14.6%43.4%18.5%30%-
Adj EPS 2.10.20.612.62.10.14.579.66.8
YoY Gr.--90%185.7%71.7%151.5%-20.9%-96.1%5475%57.6%36.8%-
BVPS (₹) 27.727.928.529.532.134.134.939.746.95761.7
Adj Net
Profit
1.10.10.30.51.3102.23.54.83
Cash Flow from Ops. 8.95.21.84.22.39.69.34.211.315.7-
Debt/CF from Ops. 3.25.515.8614.93.94.1104.13.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.9%17.8%30.2%30%
Adj EPS 18.4%30%393.6%36.8%
BVPS8.4%12.2%17.8%21.5%
Share Price - - 41.2% 101.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
7.90.82.13.58.46.20.21216.218.511.5
Op. Profit
Mgn %
6.879.59.29.48.410.39.78.98.28
Net Profit
Mgn %
1.40.20.50.71.61.10.11.92.52.72
Debt to
Equity
2.121.91.72.22.22.22.122.1-
Working Cap
Days
17720421120220919824119118214572
Cash Conv.
Cycle
7786877998981159796755

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 30.22%

Net Profit is growing at healthy rate in last 3 years 393.58%

Return on Equity has declined versus last 3 years average to 11.50%

Debt to equity has increased versus last 3 years average to 2.09

Sales growth is not so good in last 4 quarters at 1.55%

Latest Financials - Samrat Forgings Ltd.

Standalone Consolidated
TTM EPS (₹) 6.8 -
TTM Sales (₹ Cr.) 168 -
BVPS (₹.) 61.7 -
Reserves (₹ Cr.) 26 -
P/BV 5.06 -
PE 45.86 -
From the Market
52 Week Low / High (₹) 145.05 / 575.00
All Time Low / High (₹) 43.60 / 575.00
Market Cap (₹ Cr.) 156
Equity (₹ Cr.) 5
Face Value (₹) 10
Industry PE 37.4

Management X-Ray of Samrat Forgings Ltd.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *22.8822.8822.8822.8822.880.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Samrat Forgings Ltd.

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
Sales77686771809682118139181
Operating Expenses 72646064728874106127166
Manufacturing Costs17161416202619253343
Material Costs43363435374438637397
Employee Cost 98910121414141619
Other Costs 3333443557
Operating Profit 5566888111215
Operating Profit Margin (%) 6.8%7.0%9.5%9.2%9.4%8.4%10.3%9.7%8.9%8.2%
Other Income 2200000000
Interest 4444455655
Depreciation 2222233333
Exceptional Items 0000000000
Profit Before Tax 1001210357
Tax 0000000122
Profit After Tax 1001110245
PAT Margin (%) 1.4%0.1%0.4%0.7%1.6%1.1%0.0%1.9%2.6%2.7%
Adjusted EPS (₹)2.10.20.61.02.62.00.14.57.19.8
Dividend Payout Ratio (%)0%0%0%0%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 14141415161717202328
Share Capital 5555555555
Reserves 99910111212151823
Minority Interest0000000000
Debt24252524333536384153
Long Term Debt8565121213151629
Short Term Debt17201919212323242524
Trade Payables19172020212323272630
Others Liabilities 9877101011141517
Total Liabilities 6765676679848798106128

Fixed Assets

Gross Block32373940445357586585
Accumulated Depreciation12141619202326293234
Net Fixed Assets20232222233032293450
CWIP 3000400003
Investments 0000000000
Inventories28293131363940434846
Trade Receivables12101210121211211823
Cash Equivalents 0111111112
Others Assets3322333454
Total Assets 6765676679848798106128

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 9524210941116
PBT 1001211357
Adjustment 3433478888
Changes in Working Capital 52-20-321-7-12
Tax Paid 00000-100-1-1
Cash Flow From Investing Activity -3-1-2-2-9-5-40-7-23
Capex -2-2-2-2-8-9-5-1-8-20
Net Investments 0000000000
Others -1100-14000-3
Cash Flow From Financing Activity -6-40-26-5-5-4-48
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -4-21-17012113
Interest Paid -2-1-1-1-1-5-5-6-5-5
Dividend Paid 0000000000
Others 0-100000000
Net Cash Flow 0000000001
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.890.732.113.478.46.120.2312.0716.4618.81
ROCE (%)13.0311.4510.511.2712.6211.310.5814.6915.2315.27
Asset Turnover Ratio1.331.161.131.191.131.180.961.271.371.55
PAT to CFO Conversion(x)9INFINF4210INF22.753.2
Working Capital Days
Receivable Days52525250504651505242
Inventory Days11113814714214814117613011994
Payable Days147185202212203179223144132106

Samrat Forgings Ltd Stock News

Samrat Forgings Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Samrat Forgings Ltd. on 28-Mar-2024 16:01 is ₹312.0.
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 28-Mar-2024 16:01 the market cap of Samrat Forgings Ltd. stood at ₹156.0.
The latest P/E ratio of Samrat Forgings Ltd. as of 28-Mar-2024 16:01 is 45.86.
The latest P/B ratio of Samrat Forgings Ltd. as of 28-Mar-2024 16:01 is 5.06.
The 52-week high of Samrat Forgings Ltd. is ₹575.0 and the 52-week low is ₹145.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Samrat Forgings Ltd. is ₹167.8 ( Cr.) .

About Samrat Forgings Ltd

Samrat Forgings Limited is one of the Largest Suppliers of Quality Forgings in the country. Recognized as one of the prime supplier of forgings of various dimensions and profile, its band of extremely satisfied customers have already classified it as a ‘Zero Defect’ supplier.

Situated about 16 miles from Chandigarh, the company factory is fully self-contained with modern facilities for Tool Room, Heat Treatment, Material Testing etc. It has excellent facilities for in-house development of Dies and Toolings. A large contingent of experienced engineers and Technicians take up the task of supplying quality products to its esteemed customers on their toes with a dedicated motto of “Quality in time”.

Business area of the company

The company operates in single segment i.e. manufacturing of closed die steel forgings and machined components.

Business segments

  • Locomotive
  • Earth moving & construction equipment
  • Oil & energy
  • Farm equipment
  • Automotive
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