TVS Srichakra Ltd Stock Analysis

BSE: 509243 | NSE: TVSSRICHAK | Tyres & Allied | Small Cap

BSE Share Price May 18, 15:47
1622.15 -8.80 (-0.54%)

DeciZen - Make an Informed Decision on TVS Srichakra

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

FAQs

1. Is TVS Srichakra Ltd a good quality company?

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

2. Is TVS Srichakra Ltd undervalued or overvalued?

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

3. Is TVS Srichakra Ltd a good buy now?

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

Analysis of Financial Track Record

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.
TVS Srichakra 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 % 16.6%9.6%16.7%22.1%34.7%23.1%15.4%12.5%9.8%9.3%-
Value Creation Index 0.2-0.30.20.61.50.70.1-0.1-0.3-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,4531,6521,9382,1762,1851,9612,1522,4312,1041,9392,462
YoY Gr. Rt. %-13.7%17.3%12.3%0.4%-10.3%9.8%13%-13.5%-7.8%-
Adj EPS 47.37.575.4144.9238.8196.7155.4137.6107.298.992.1
YoY Gr. Rt. %--84.2%909.1%92.2%64.8%-17.6%-21%-11.5%-22.1%-7.8%-
BVPS (₹) 184.3210.6278.6368.5538732.5834.1950.7972.51,076.71,092.8
Adj Net Profit 36.25.757.711118315111910582.175.771
Cash Flow from Ops. 80.518713.824440063.718564299307-
Debt/CF from Ops. 51.627.71.10.44.91.76.71.20.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.3%-2.4%-3.4%-7.8%
Adj EPS 8.6%-16.2%-14%-7.8%
BVPS 21.714.98.910.7
Share Price 17.9% -16.7% -7.6% -13.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 28.43.830.844.852.73119.815.411.29.78.5
Op. Profit Mgn % 8.96.17.910.315.614.611.91110.3128.5
Net Profit Mgn % 2.50.73.458.67.75.54.33.93.92.9
Debt to Equity 2.91.81.810.40.60.50.60.50.3-
Working Cap Days 12912510994801031181271531460
Cash Conv. Cycle 513331403652626475680

Recent Performance Summary

Sales growth is good in last 4 quarters at 53.90%

Return on Equity has declined versus last 3 years average to 8.50%

Sales growth has been subdued in last 3 years -3.42%

Net Profit has been subdued in last 3 years -13.99%

Latest Financials - TVS Srichakra Ltd.

Standalone Consolidated
TTM EPS (₹) 89.6 92.1
TTM Sales (₹ Cr.) 2,384 2,462
BVPS (₹.) 1,112.3 1,092.8
Reserves (₹ Cr.) 844 829
P/BV 1.47 1.48
PE 18.21 17.55
From the Market
52 Week Low / High (₹) 1489.00 / 2588.00
All Time Low / High (₹) 10.00 / 4304.05
Market Cap (₹ Cr.) 1,249
Equity (₹ Cr.) 7.7
Face Value (₹) 10
Industry PE 33.7

Management X-Ray of TVS Srichakra :

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

Analyst's Notes

News

About TVS Srichakra Ltd

TVS Srichakra Ltd. is one of India’s largest manufacturers and exporters of Two and Three-Wheeler tyres and Off-Highway tyres. It is a major OEM supplier to not just TVS Motors, but to the most leading brands. Its domestic after-market supply is backed by a strong network of several dealers and many depots. TVS Srichakra exports to several countries across the world. Through export, it continues expanding its presence in the USA, Europe, South America, Africa and Australia. It is passionate about making tyres that elevate the riding experience. Its cutting-edge technology, complemented with a decades-long understanding of the local road conditions, make its tyres dependable and precision performance accessories. With tyres rolling out of its state-of-the-art manufacturing units at Madurai (Tamil Nadu) and Rudrapur (Uttarakhand).

Business area of the company

The company is engaged in Manufacturing of tyres. It specialises in Two & Three-wheeler tyres, Industrial Pneumatic tyres, Farm and Implement tyres, Skid-steer tyres, Multi-purpose tyres and Floatation tyres.

Products of the company

The company is manufacturing wide range of tyres for motorcycle, scooter, moped and three-wheelers. The company produces these tyres keeping in mind various features of different automobiles. Under export segment, it manufactures wide range of tyres that can be used on various surfaces. It manufactures tyres for farm equipment, small tractor, industrial pneumatic, harbour, compactor, and many more.

Awards and Recognition

  • 2020: The Company was certified for Occupational Health & Safety Standard ISO 45001 in 2020. This is in addition to the Certification of Quality (IATF 16949) & Environmental (ISO 14001) Management Standards.
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