Cranex Ltd Stock Analysis

BSE: 522001 | NSE: | Engineering - Industrial Equipments | Small Cap

BSE Share Price 09-Dec-2022 12:27
27.50 0.45 (1.66%)

DeciZen - Make an Informed Decision on Cranex

M-Cap below 100cr DeciZen not available

Cranex Price Chart

P/E Ratio (SA) :
21.47
Market Cap :
16.2 Cr.
52-wk low :
12.6
52-wk high :
34.8
Bole Toh?

1. Is Cranex Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Cranex Ltd is a below average quality company.

2. Is Cranex Ltd undervalued or overvalued?

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

3. Is Cranex Ltd a good buy now?

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

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.
Cranex Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 4.3%4.2%4.8%5.8%4.8%5.3%6.3%5.3%5%5.4%-
Value Creation Index -0.7-0.7-0.7-0.6-0.7-0.6-0.6-0.6-0.6-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 20.414.320.121.722.825.931.135.535.740.146
YoY Gr. Rt. %--30.1%41%7.9%4.7%14%20%14.2%0.4%12.6%-
Adj EPS 0.70.60.710.811.61.31.31.31.3
YoY Gr. Rt. %--20.3%27.3%37.1%-13.5%21.7%54.5%-18.6%-1.6%3.2%-
BVPS (₹) 6.77.27.98.99.710.811.913.114.315.616
Adj Net Profit 0.40.30.40.60.50.60.90.80.80.81
Cash Flow from Ops. -1.10.3-1.1-3.81.40.4-1.6-12.8-0.9-
Debt/CF from Ops. -832.1-8.9-3.99.936.7-12-21.47-24.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.8%12%8.9%12.6%
Adj EPS 7.2%9.2%-6.1%3.2%
BVPS 9.99.99.69
Share Price 15.8% 12.2% 37% 61.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 10.97.99.311.499.913.810.29.18.68
Op. Profit Mgn % 4.35.83.85.54.33.464.65.35.45.9
Net Profit Mgn % 22.32.12.62.22.332.12.11.91.7
Debt to Equity 2.22.122.82.42.52.82.72.32.42
Working Cap Days 305488401478487441379363404355444
Cash Conv. Cycle 100165158185191208168147151135177

Recent Performance Summary

Sales growth is good in last 4 quarters at 27.28%

Return on Equity has declined versus last 3 years average to 8.00%

Sales growth has been subdued in last 3 years 8.85%

Net Profit has been subdued in last 3 years -6.14%

Debt to equity has increased versus last 3 years average to 2.44

Latest Financials - Cranex Ltd.

Standalone Consolidated
TTM EPS (₹) 1.3 1.1
TTM Sales (₹ Cr.) 45.5 45.5
BVPS (₹.) 16 15.7
Reserves (₹ Cr.) 4 3
P/BV 1.70 1.77
PE 21.47 24.70
From the Market
52 Week Low / High (₹) 12.60 / 34.75
All Time Low / High (₹) 0.74 / 73.90
Market Cap (₹ Cr.) 16.2
Equity (₹ Cr.) 6
Face Value (₹) 10
Industry PE 22.3

Management X-Ray of Cranex :

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Cranex

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Cranex Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Cranex on 09-Dec-2022 12:27 is : 27.50.
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 09-Dec-2022 12:27 the market cap of Cranex stood at ₹ 16.23.
The latest PE ratio of Cranex as of 09-Dec-2022 12:27 is 21.47.
The latest PB ratio of Cranex as of 09-Dec-2022 12:27 is 1.70
The 52-week high of Cranex is ₹ 34.75 and the 52-week low is ₹ 12.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Cranex is ₹ 45.53 ( Cr.) .

About Cranex Ltd

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

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now