Circuit Systems (India) Ltd - Stock Valuation and Financial Performance

BSE: 532913 | NSE: | Electronics - Components | Small Cap

BSE Share Price
Not Listed

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Circuit Systems (India) stock performance -

mw4me loader
P/E Ratio (SA):
8.88
Market Cap:
19.3 Cr.
52-wk low:
13.9
52-wk high:
14

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?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Circuit Systems (I):

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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
ROCE % 0.8%0.6%3.3%1.4%2.7%-0.6%8.4%12.3%6.8%7.5%-
Value Creation
Index
-0.9-1.0-0.8-0.9-0.8-1.0-0.4-0.1-0.5-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3737.730.426.124.824.321.423.825.936.637
Sales YoY Gr.-1.9%-19.4%-14.1%-5.1%-2.1%-11.8%11.2%8.9%41.3%-
Adj EPS -0.2-0.30.4-0.20.3-0.71.22.41.11.51.6
YoY Gr.-NANA-155.6%NA-334.5%NA101.7%-53.3%35.1%-
BVPS (₹) 24.825.125.422.524.714.415.61819.120.714.3
Adj Net
Profit
-0.3-0.50.6-0.30.4-0.91.73.41.62.12
Cash Flow from Ops. 6.22.63.105.92.8-0.1126.38.1-
Debt/CF from Ops. 3.75.74.7154.90.33.2-107.21.21.72.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.1%8.1%19.6%41.3%
Adj EPS NA39.6%8.4%35.1%
BVPS-2%-3.5%10%8.2%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
Return on
Equity %
-0.8-1.31.4-0.81.1-3.58.114.66.27.78.9
Op. Profit
Mgn %
7.21.911.79.110.811.215.522.924.820.913.8
Net Profit
Mgn %
-0.8-1.31.9-1.21.6-3.97.914.26.15.85.9
Debt to
Equity
0.60.40.40.20.10.50.50.60.40.7-
Working Cap
Days
247241246256251199186212203152107
Cash Conv.
Cycle
998211415116513611380474230

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 - Circuit Systems (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 1.6 0.2
TTM Sales (₹ Cr.) 36.6 37.7
BVPS (₹.) 14.3 18.2
Reserves (₹ Cr.) 6 11
P/BV 0.97 0.76
PE 8.88 58.70
From the Market
52 Week Low / High (₹) 13.90 / 14.00
All Time Low / High (₹) 3.60 / 59.00
Market Cap (₹ Cr.) 19.3
Equity (₹ Cr.) 13.9
Face Value (₹) 10
Industry PE 93.8

Management X-Ray of Circuit Systems (I):

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

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Analyst's Notes

Key Ratios of Circuit Systems (I)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Sales36.9737.6830.3826.1124.7724.2521.4023.7925.9136.60
Operating Expenses 34.4636.9927.0723.9522.1121.5418.3418.5619.5028.96
Manufacturing Costs6.828.427.556.436.495.404.134.386.597.35
Material Costs19.0618.7913.0710.7910.9312.139.688.736.9614.09
Employee Cost 1.8122.592.252.381.881.722.713.043.97
Other Costs 6.777.773.854.472.302.142.822.742.913.55
Operating Profit 2.500.693.322.162.672.713.065.236.417.64
Operating Profit Margin (%) 6.8%1.8%10.9%8.3%10.8%11.2%14.3%22.0%24.7%20.9%
Other Income 0.901.100.270.250.360.471.230.500.691.34
Interest 1.131.191.771.440.921.061.251.391.431.57
Depreciation 1.561.561.381.451.561.031.392.393.194.44
Exceptional Items 0.790.3700-0.14-6.770000
Profit Before Tax 1.52-0.590.43-0.480.41-5.691.641.962.482.97
Tax 0.79-0.800.03-0.020.09-0.080-1.370.850.80
Profit After Tax 0.730.200.40-0.460.32-5.621.643.331.632.17
PAT Margin (%) 2.0%0.5%1.3%-1.7%1.3%-23.2%7.7%14.0%6.3%5.9%
Adjusted EPS (₹)0.50.10.3-0.30.2-4.11.22.41.21.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19

Equity and Liabilities

Shareholders Fund 39.2739.4739.8735.3534.2119.9221.5624.8926.5228.69
Share Capital 15.7015.7015.7015.7013.8713.8713.8713.8713.8713.87
Reserves 23.5723.7724.1719.6520.346.057.6911.0212.6514.82
Minority Interest0000000000
Debt23.029.4210.556.601.778.349.1311.278.8616.02
Long Term Debt23.023.375.3400.042.066.728.196.4710.28
Short Term Debt06.065.216.601.736.282.413.082.385.74
Trade Payables10.238.423.481.732.170.240.352.753.161.89
Others Liabilities 6.4910.668.433.934.573.502.192.452.865.20
Total Liabilities 7967.9862.3347.6142.7231.9933.2341.3641.3951.80

Fixed Assets

Gross Block29.5530.0332.0332.6034.8214.6018.0823.0526.7134.87
Accumulated Depreciation10.1511.6512.9314.2715.824.685.976.749.9014.34
Net Fixed Assets19.4118.3819.1018.33199.9212.1216.3216.8120.53
CWIP 23.6718.8621.791.380000.031.620.11
Investments 1.101.101.106.476.426.428.329.259.4913.79
Inventories5.866.726.587.558.484.224.945.035.265.34
Trade Receivables15.1513.349.226.956.403.882.421.841.831.93
Cash Equivalents 6.351.140.830.920.323.410.780.190.180.13
Others Assets7.468.433.7162.104.144.668.706.209.97
Total Assets 7967.9862.3347.6142.7231.9933.2341.3641.3951.80

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Cash Flow From Operating Activity 6.212.623.090.045.892.84-0.1012.026.328.14
PBT 1.52-0.590.43-4.540.41-5.691.641.962.482.97
Adjustment 2.012.603.707.432.561.662.705.944.056.10
Changes in Working Capital 2.861.02-0.94-2.813.046.83-4.394.16-0.76-1.56
Tax Paid -0.03-0.32-0.10-0.03-0.120.05-0.04-0.030.560.63
Cash Flow From Investing Activity -0.231.28-1.748.831.26-5.14-5.91-7.71-5.49-13.07
Capex 1.231.28-1.95-1.31-0.82-3.64-3.85-6.95-5.29-8.88
Net Investments 00-0.01-3.450.050-1.90-0.9300
Others -1.4600.2213.582.03-1.50-0.160.17-0.21-4.19
Cash Flow From Financing Activity -0.75-9.11-2.21-8.81-7.345.513.39-4.54-0.844.88
Net Proceeds from Shares 5.18000000000
Net Proceeds from Borrowing 0-8.660.50-8.780.062.020000
Interest Paid -1.06-1.19-1.75-1.45-0.92-1.06-1.26-1.22-0.76-1.71
Dividend Paid 0000000000
Others -4.870.74-0.961.42-6.484.554.65-3.32-0.076.58
Net Cash Flow 5.23-5.21-0.860.06-0.193.22-2.62-0.23-0.01-0.05
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Ratios
ROE (%)2.030.521.01-1.210.92-20.767.9214.336.347.86
ROCE (%)4.311.034.0423.42-14.289.539.4810.2610.57
Asset Turnover Ratio0.520.550.510.520.60.720.730.640.630.79
PAT to CFO Conversion(x)8.5113.17.73N/A18.41N/A-0.063.613.883.75
Working Capital Days
Receivable Days135128124103907048332619
Inventory Days515773901078770777253
Payable Days147181166886536116515565

Circuit Systems (India) Ltd Stock News

Circuit Systems (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Circuit Systems (I) 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 01-Jan-1970 05:30 the market cap of Circuit Systems (I) stood at ₹19.28.
The latest P/E ratio of Circuit Systems (I) as of 01-Jan-1970 05:30 is 8.88.
The latest P/B ratio of Circuit Systems (I) as of 01-Jan-1970 05:30 is 0.97.
The 52-week high of Circuit Systems (I) is ₹14.00 and the 52-week low is ₹13.90.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Circuit Systems (I) is ₹36.60 ( Cr.) .

About Circuit Systems (India) Ltd

Circuit Systems (India) (CSIL) started operations in 1995.It is a leading manufacturer of printed circuit boards having state-of-art manufacturing facilities at Gandhinagar (India).

A customer oriented enterprise with a mission to assist customers to fulfill their requirements at the pinnacle of technology.Today CSIL is a key supplier to Telecom industry, Automobile sector, process control, Industrial applications and various R & D establishments.

Committed to quality and dedicated to services is what CSIL is known for,  They ensure the quality and trust customers  need in making high quality printed circuit boards. Keeping pace with the latest technologies and the directives that is being legislated to put in force from time to time, Lead free norms the Latest directives that are to be enforced.

Services offered by the company:

  • As a total solution provider CSIL offers a wide variety of value added services. Technological consultation, Design assistance,R& D requirements & tailor made express services.
  •  CSIL also have a separate proto type manufacturing facility which offers CAM services to companies world wide, In house CAD center to develop professional PCB designs. Admired to be one of the best
  • It is a solution provider to clients requirements right from Schematic design to manufacturing of prototype PCB's in amazingly less turnaround time. Response to customer with single point communication gives them a cut above the rest and helps to forge a successful partnership with their valued customers.They serve and nurture their customer through their well organized sales network.

Achievements/ recognition :

  • The company  follows  an integrated quality approach with processes that are TS-16949:2002 certified. They also have UL and LCSO accreditations.
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