X

Cranex Ltd. Stock Analysis

Small Cap
Evaluated by 101 users | BSE: 522001 | NSE: |
Engineering - Industrial Equipments
Cranex was incorporated in 1973 as a private limited company and has a track record of uninterrupted profit every year from its very inception. It was converted into a public limited company in 1985 and went public when its shares were heavily over subscribed, raising the equity from Rs 2...

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.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed -2.89%9.79%13.4%4.3%4.2%4.78%5.8%4.75%5.31%6.4%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 18.518.420.120.414.320.121.722.825.931.1
Y-o-Y Gr. Rt.--0.7%9.4%1.6%-30.1%41%7.9%4.7%14%20%
Adjusted EPS (Rs.) -0.481.011.940.690.550.70.960.831.011.56
Y-o-Y Gr. Rt.-NA92.1%-64.4%-20.3%27.3%37.1%-13.5%21.7%54.5%
Book Value per Share (Rs.) -0.580.435.996.687.237.938.899.7210.7511.85
Adjusted Net Profit -0.30.61.20.40.30.40.60.50.60.9
Net Op. Cash Flow (Rs. Cr.) -4.81.8-0.9-1.10.3-1.1-3.81.40.4-1.7
Debt to Cash Flow from Ops -1.594.31-11.08-7.9632.1-8.89-3.949.8936.69-11.2
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Cranex Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 5.9%16.9%12.7%20%
Adjusted EPS NA23.2%17.6%54.5%
Book Value per Share 010.410.110.2
Share Price -2.5% 5.6% -6.9% 17.2%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 138.04-1293.1260.5110.917.919.2611.378.959.8513.81
Operating Profit Margin (%) -0.596.73.774.285.823.785.534.263.376.04
Net Profit Margin (%) -1.553.35.792.032.312.092.642.22.333.01
Debt to Equity -21.6929.982.672.192.121.972.82.42.452.68
Working Capital Days 206261253305488401478487441379
Cash Conversion Cycle 359112100165158185191208168
Entity Percentage Holding
Promoters 42.92%
Institutions 0.73%
Non-Institutions 56.35%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Cranex Ltd.'s performance infers:

Cranex Ltd. earnings have grown by 23.2%, whereas share price has appreciated 5.6% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Cranex Ltd. share prices over the last 10 years. Here is what we found out:

Cranex Ltd. share price has appreciated 11% annually over the past ten years.

Cranex was incorporated in 1973 as a private limited company and has a track record of uninterrupted profit every year from its very inception. It was converted into a public limited company in 1985 and went public when its shares were heavily over subscribed, raising the equity from Rs 2 million to Rs 14.5 million and became a quoted company, listed at Bombay and Delhi Stock Exchanges.

To fund diversification and growth plans, a rights issue was made raising the equity from Rs 14.5

Cranex was incorporated in 1973 as a private limited company and has a track record of uninterrupted profit every year from its very inception. It was converted into a public limited company in 1985 and went public when its shares were heavily over subscribed, raising the equity from Rs 2 million to Rs 14.5 million and became a quoted company, listed at Bombay and Delhi Stock Exchanges.

To fund diversification and growth plans, a rights issue was made raising the equity from Rs 14.5 million to Rs 43.6 million. Cranex has its works located at Sahibabad Industrial Area, admeasuring approx 10,000 Sq.Mts. about 14kms. from the heart of the main business centre, Connaught Place, New Delhi. Vast area of land and infrastructure available for expansion and growth.

Technological upgradation and innovation being the key to its modernization drive, Cranex has a strategic alliance with Kuhnezug of Hamburg, Germany, a world leader in latest Crane technology and Ikusi, Spain for Remote Control Systems.

While great challenges lie ahead as India goes through its most momentous transformation ever, tremendous opportunities also exist. The new focus of Cranex is on manufacturing International quality products at competitive prices, taking advantage of our low-costs and technological prowess to position itself as a worthy global player.Different divisions of the company:

Engineering- To further consolidate its leadership in high-tech Crane technology, Cranex has upgraded its manufacturing facilities to produce still higher capacity Cranes upto 250 tonnes. We have recently introduced the latest Remote Radio Control technology for Crane and other applications.

Information Technology- Information Technology has gone through a lot of changes or we should say it is a revolution that has come into the Business world. Cranex has moved a step ahead and is now a well known name in the IT industry. Cranex undertakes all types of Software Development Projects and Internet and Intranet Application based projects. With a very efficient presence in the Cyber hubs, Cranex has a competitive edge.

International Trade- To attain the twin objectives of global contacts and tax free Export earnings, the company is actively engaged in International Trade in the Exports of Garments, Handicrafts, and Engineering Parts to USA, Europe, etc.

Products and services:

Cranex is one of the leading crane manufacturers having supplied equipments to all parts of the country. Cranex specializes  in the design & manufacture of high-tech Cranes for  strategic defence installations, nuclear and space installations, besides railways, power plants and other very high-priority Govt. projects. Cranex has earned a reputation of being one of the most technically advanced crane manufacturing companies in India.

Some of the most complicated & highly sophisticated Cranes for Ballistic Missiles, Satellite launch, Atomic Energy and other applications have been designed, manufactured and installed by Cranex to the satisfaction of all concerned.

Product manufactured by the division:

Both double girder and single girder cranes upto 60 meters span and 150 tonnes. Various types of Jib Cranes like Wall mounted Column mounted with Pull/Hand geared/Electric Swivelling are offered.

Information Technology

Cranex aims to provide knowledge-based software and emphasizes on the fact that Information Technology Sector needs the involvement of dedicated and qualified team to take India to the heights of success and recognition worldwide.

Cranex provides complete solution to the business world. With a very effective, dedicated and intelligent team involved in developing high quality Software Products, efficient Web-Based Solutions and Intranet Applications, Cranex marks its presence everywhere

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback