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Torrent Cables Ltd.(Amalgamation) (TORRENGUJ) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 523856 NSE: TORRENGUJ | Cable | Small Cap

BSE Share Price
Not Listed

Torrent Cables Ltd.(Amalgamation) (TORRENGUJ)

BSE: 523856 NSE: TORRENGUJ
Key Metrics
Market Cap
₹141 Cr.
P/E Ratio
17.82
Price to Book (P/B)
0.80
Price to Sales (P/S)
0.47
EV/EBITDA
8.46
Return on Capital Employed (ROCE)
1.96%
Current Price
₹0
Return on Equity (ROE)
1.99%
Return on Assets (ROA)
1.74%
Operating Profit Margin
3%
Net Profit Margin
1.24%
Gross Profit Margin
3.6%
Book Value per Share
₹204
Sales Growth (YoY)
25.98%
Sales Growth (3 Years)
-5.35%
Operating Profit Growth (1 Year)
2.68%
Operating Profit Growth (3 Years)
-38.53%
Net Profit Growth (1 Year)
-21.99%
52-Week Low / High
₹162 / 166
Net Profit Growth (3 Years)
-44.11%
Dividend Yield
0.70%
Promoter Holding
61.01%
Pledged shares (%)
of Promoter's holding (%)
0.00%

DeciZen - make an informed investing decision on Torrent Cables

Based on:

M-Cap below 100cr DeciZen not available

Torrent Cables Ltd.(Amalgamation) stock performance

Key Ratios
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Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

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3. Is a good buy now?

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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'06Mar'07Jun'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15TTM
ROCE % -31.7%33%75.5%9.5%7.3%7.3%18.6%16.4%3.4%2%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7.10179184173251320376216272301
Sales YoY Gr.--100%NA3%-6%45.2%27.5%17.4%-42.7%26%-
Adj EPS -4.70.28.415.611.37.823.621.253.89.2
YoY Gr.-NA4544.4%86.7%-27.6%-30.6%200.9%-10.3%-76.2%-24.2%-
BVPS (₹) -12.4-12.227.3191.6152.4157.5175.8192.6195.9198.4204
Adj Net
Profit
-210.837.413.49.76.720.318.24.33.38
Cash Flow from Ops. -0.22.627.310.710.94.810.120.414.1-14.7-
Debt/CF from Ops. -431.616.901.312.20.700.4-0-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 49.9%9.4%-5.4%26%
Adj EPS NA-19.5%-45.5%-24.2%
BVPSNA5.4%4.1%1.3%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'06Mar'07Jun'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15TTM
Return on
Equity %
97.4-1.5150.48.47.65.114.211.52.61.94.6
Op. Profit
Mgn %
-168.3017.27.62.7611.38.93.734.5
Net Profit
Mgn %
-295.3020.97.35.62.76.34.821.22.6
Debt to
Equity
-1.3-0.800.10.10.10.1000-
Working Cap
Days
694063206178134123110183159114
Cash Conv.
Cycle
32704114111684828515313098

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials

Standalone Consolidated
TTM EPS (₹) 9.2 -
TTM Sales (₹ Cr.) 301 -
BVPS (₹) 204 -
Reserves (₹ Cr.) 167 -
P/BV 0.80 -
PE 17.82 -
From the Market
52 Week Low / High (₹) 162.00 / 166.00
All Time Low / High (₹) 2.00 / 174.50
Market Cap (₹ Cr.) 141
Equity (₹ Cr.) 8.6
Face Value (₹) 10
Industry PE 51.9

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 Torrent Cables - 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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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'06Mar'07Jun'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15
Sales7.100223.51138.06172.97251.14320.28376.11215.59271.60
Operating Expenses + 19.040.47185.03127.75168.34236.11285.63343.02207.76263.54
Manufacturing Costs4.45014.6510.7617.4824.8925.1423.4518.8423.64
Material Costs7.750148.92100.53130.17193.96243.18299.56168.90214.76
Employee Cost 3.310.085.484.868.089.099.1512.1212.5514.83
Other Costs 3.530.4015.9711.6012.628.178.167.907.4710.31
Operating Profit -11.94-0.4738.4810.314.6315.0434.6533.097.848.05
Operating Profit Margin (%) -168.0%-17.2%7.5%2.7%6.0%10.8%8.8%3.6%3.0%
Other Income + 2.511.584.943.687.713.131.251.385.333.28
Exceptional Items 0000000000
Interest 0.440.280.400.620.642.062.232.380.340.58
Depreciation 10.540.033.472.102.317.747.617.857.437.95
Profit Before Tax -20.420.8039.5611.279.388.3726.0624.255.402.81
Tax 0.040-7.381.20-1.121.506.766.321.08-0.56
Profit After Tax -20.460.7946.9410.0710.506.8719.2917.924.323.37
PAT Margin (%) -288.0%-21.0%7.3%6.1%2.7%6.0%4.8%2.0%1.2%
Adjusted EPS (₹)-4.60.210.511.712.28.022.420.95.03.9
Dividend Payout Ratio (%)0%0%38.10%25.60%24.60%31.30%15.60%16.80%29.90%25.50%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'06Mar'07Jun'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15

Equity and Liabilities

Shareholders Fund + -55.13-54.33109123.53131.02135.40151.19165.62168.40170.58
Share Capital 44.8444.841.128.608.608.608.608.608.608.60
Reserves -99.97-99.18107.88114.93122.42126.80142.59157.02159.80161.98
Debt +72.5143.510.2210.0410.4610.687.290.375.430.21
Long Term Debt72.5143.510.2210.0410.4600000
Short Term Debt0000010.687.290.375.430.21
Minority Interest0000000000
Trade Payables1.341.018.339.5816.4418.0725.5310.1211.7612.46
Others Liabilities 18.9520.0822.0914.5713.2615.5412.7813.029.508.40
Total Liabilities 37.6810.27139.63157.71171.19179.67196.78189.13195.09191.66

Fixed Assets

Net Fixed Assets +0.140.1016.7015.137066.7159.6457.8353.6546.46
Gross Block0.390.3652.3852.76108.95112.13112.46118.07120.96121.94
Accumulated Depreciation0.240.2535.6837.6338.9545.4252.8360.2467.3175.48
CWIP 001.4030.090.5404.600.140.070.14
Investments 0026.180.040.040.040.04000
Inventories0024.1927.1127.9832.9230.6327.623843.95
Trade Receivables0.02045.4443.5049.5054.9490.2187.6671.4085.34
Cash Equivalents 32.395.9910.9123.877.365.893.018.74243.29
Others Assets 5.124.1814.8117.9915.7719.198.667.147.9912.49
Total Assets 37.6810.27139.63157.71171.19179.67196.78189.13195.09191.66

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'06Mar'07Jun'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15
Cash Flow From Operating Activity + -0.172.5834.177.9910.924.8110.0820.3614.11-14.71
PBT -20.420.8039.5611.279.388.3726.0624.255.402.81
Adjustment 10.780.031.800.38-0.497.8410.2911.143.946.40
Changes in Working Capital 9.791.994.34-3.27-5.44-9.82-26.92-9.215.81-23.28
Tax Paid -0.07-0.23-11.52-0.397.48-1.570.65-5.82-1.03-0.65
Cash Flow From Investing Activity + 53.490.01-30.58-1.31-24.62-0.94-2.75-0.520.961.33
Capex 53.490.01-6.15-29.22-27.06-3.96-5.14-2.08-3.77-1.10
Net Investments 00-26.1026.1800.020000
Others 001.661.732.4432.391.564.732.42
Cash Flow From Financing Activity + -23.90-29-0.086.27-2.82-4.51-8.36-12.811.17-7.32
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -23.90-2900000000
Interest Paid 00-0.04-0.05-1.23-2.09-2.22-2.40-0.36-0.58
Dividend Paid 000-3.50-3.02-3.01-2.50-3.50-3.52-1.53
Others 00-0.059.821.430.60-3.64-6.925.06-5.21
Net Cash Flow 29.43-26.403.5112.95-16.51-0.64-1.037.0316.25-20.71

Finance Ratio

PARTICULARSMar'06Mar'07Jun'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15
Ratios
ROE (%)N/AN/A95.637.298.255.1613.4611.322.581.99
ROCE (%)N/AN/A75.489.57.297.2518.5716.413.381.96
Asset Turnover Ratio0.0903.41.031.131.561.862.161.241.54
PAT to CFO Conversion(x)N/A3.270.730.791.040.70.521.143.27-4.36
Working Capital Days
Receivable Days249.50065.10105.709169.8075.7077.90121.5096.10
Inventory Days0034.706153.9040.7033.2025.5050.1050.30
Payable Days340.10011.4032.5036.5032.5032.7021.7023.7020.60

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Announcements

Torrent Cables Ltd.(Amalgamation) FAQs

The current trading price of Torrent Cables 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 Torrent Cables stood at ₹140.5 Cr

The latest P/E ratio of Torrent Cables as of 31-Dec-1969 is 17.82.

The latest P/B ratio of Torrent Cables as of 31-Dec-1969 is 0.80.

The 52-week high of Torrent Cables is ₹166.0 and the 52-week low is ₹162.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Torrent Cables is ₹301 ( Cr.) .

About Torrent Cables Ltd.(Amalgamation)

Torrent Cables, part of Torent Group, was incorporated in 1989 and since than it is an established source of cables. It is one of the market leaders in HT Power Cable segment with a manufacturing capability of up to 132 kV XLPE Cables. It has maintained its competitive edge, while operating in a market segment that includes SEBs, Utilities, EPCs, Government/Semi-Government/Private Companies.

The company serves the following industries- Petrochemicals, Fertilisers & Chemicals, Energy Sector, Cement, Steel & Aluminium, Ports, Railways, Infrastructure, Engineering & Construction, FMCGs, Information Technology, Aerospace.

The Torrent Group is a multifaceted and dynamic group, dedicated to transforming life by serving two of its most critical needs - pharma and power. The other companies in the group are Torent Power and Torrent Pharmaceuticals.

It has a track record in maintaining delivery commitments and offering quality products and is among the top and one of the very few profitable power cable companies in India, today.

It has the capability to manufacture EHV, HT-XLPE, LT-XLPE/PVC Power Cables and Control Cables, has an in house facility to cater to all Routine, Type, Acceptance and Special Tests. It also has a very well equipped R&D centre, which has made it possible to develop new products, new compounds and analyse material & products. Torrent is commited to maintaining high quality standards. Hence, all EHV and HT XLPE Cables (both single & multi-core) of different types and sizes get regularly tested at CPRI and at ERDA laboratories.

The company has an in-house facility to cater to all Routine, Type, Acceptance and Special Tests, it also has a very well equipped R&D centre, which has made it possible to develop new products, new compounds and analyse material & products.Its products are BIS certified and generally comply with IEC standards.

Product range of the company includes:

  • HT XLPE Cables- 3.3 kv Cable, 6.6 kv Cable, 11 kv Cable, 22 kv Cable, 33 kv Cable and Common Design Details
  • LT XLPE Cables- Armoured, Unarmoured and Common Design Details  
  • LT PV Power Cables & control cables- 1.1kv Power Cables(Armoured), 1.1kv Power Cables(Un Armoured), 1.1kv Control Cables(Armoured) and Common Design Details.

Achievements/ recognition

It is the first company in the cable industry to get ISO 9001 : 2000 certification.

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