Disa India Ltd - Stock Valuation and Financial Performance

BSE: 500068 | NSE: GEORGFISCH | Engineering - Industrial Equipments | Small Cap

Disa India Share Price

16,280 95.10 0.59%
as on 14-Jun'24 16:01

DeciZen - make an informed investing decision on Disa India

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Disa India stock performance -

mw4me loader
P/E Ratio (SA):
56.70
Market Cap:
2,355.4 Cr.
52-wk low:
9,300
52-wk high:
17,676.1

Is Disa India Ltd an attractive stock to invest in?

1. Is Disa India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Disa India Ltd is a good quality company.

2. Is Disa India Ltd undervalued or overvalued?

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

3. Is Disa India Ltd a good buy now?

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

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.
Disa India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Dec'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 27.8%19.7%9.7%10.8%16.7%22.9%19.2%13.3%19.3%13.6%-
Value Creation
Index
1.00.4-0.3-0.20.20.60.4-0.10.40.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 174147143157196242224178248252319
Sales YoY Gr.--15.7%-2.9%10.3%24.4%23.5%-7.6%-20.6%39.5%1.9%-
Adj EPS 129.991.46673.9114.9190.7196.2159.1254.1191.1285.7
YoY Gr.--29.6%-27.8%12%55.5%66%2.9%-18.9%59.8%-24.8%-
BVPS (₹) 533.8519.4716.4639748.79381,131.21,293.41,391.91,475.31,644
Adj Net
Profit
19.613.81010.816.727.728.523.13727.841
Cash Flow from Ops. 19.4-814.811.924.914.88.166.117.337.6-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.2%5.2%4.1%1.9%
Adj EPS 4.4%10.7%-0.9%-24.8%
BVPS12%14.5%9.3%6%
Share Price 16.4% 22.4% 53.4% 65.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
27.619.39.710.716.622.71913.21913.418.3
Op. Profit
Mgn %
17.512.88.99.411.714.515.614.817.81315.1
Net Profit
Mgn %
11.39.476.88.511.512.81314.91113
Debt to
Equity
00000000000
Working Cap
Days
165211233209303292293363278303182
Cash Conv.
Cycle
1630604235477772425697

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 18.30%

Sales growth is good in last 4 quarters at 26.07%

Sales growth has been subdued in last 3 years 4.12%

Net Profit has been subdued in last 3 years -0.88%

Latest Financials - Disa India Ltd.

Standalone Consolidated
TTM EPS (₹) 285.7 294.9
TTM Sales (₹ Cr.) 319 329
BVPS (₹.) 1,644 1,691.1
Reserves (₹ Cr.) 238 244
P/BV 9.85 9.58
PE 56.70 54.93
From the Market
52 Week Low / High (₹) 9300.00 / 17676.05
All Time Low / High (₹) 41.00 / 17676.05
Market Cap (₹ Cr.) 2,355
Equity (₹ Cr.) 1.5
Face Value (₹) 10
Industry PE 67.5

Management X-Ray of Disa India:

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 Disa India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales174184143157196242224178248252
Operating Expenses 144160130143174207189151204220
Manufacturing Costs5544575345
Material Costs971007992116140121101139145
Employee Cost 25322627303537313641
Other Costs 17242020232525162528
Operating Profit 30231315223535264433
Operating Profit Margin (%) 17.4%12.8%8.9%9.4%11.4%14.5%15.5%14.8%17.8%13.0%
Other Income 4975578101010
Interest 0100000011
Depreciation 4432223434
Exceptional Items 0000000000
Profit Before Tax 30281718253939325038
Tax 1110679121081310
Profit After Tax 20181111162829243728
PAT Margin (%) 11.2%9.7%7.4%7.1%8.3%11.5%12.8%13.3%15.1%11.3%
Adjusted EPS (₹)129.1118.470.276.6112.3191.6197.0162.5258.2196.0
Dividend Payout Ratio (%)2%2%4%3%2%1%1%6%62%56%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSDec'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 819810893109136164188202214
Share Capital 2221111111
Reserves 799710791107135163186200212
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables25181820322919223745
Others Liabilities 85774082170130131154196178
Total Liabilities 191193166195311295313363435437

Fixed Assets

Gross Block52515150515357617086
Accumulated Depreciation29313334353740414044
Net Fixed Assets23201816151617203042
CWIP 0000000040
Investments 0045554444
Inventories29373936466455285152
Trade Receivables1511108121918193444
Cash Equivalents 615266547998109168189179
Others Assets6473287615293109123122116
Total Assets 191193166195311295313363435437

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 19-10151225158661738
PBT 30281718253939325038
Adjustment 0-1-4-2-2-4-3-4-5-6
Changes in Working Capital -1-259311-9-1546-1517
Tax Paid -10-12-7-7-9-12-12-7-13-12
Cash Flow From Investing Activity -216-1415-21-11-2-76-185
Capex -4-2-1-1-1-2-4-6-14-14
Net Investments 00012-24-13-5-769-12
Others -179-1344577-1331
Cash Flow From Financing Activity 0-10-27-1-113-4-39
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 00000000-1-1
Dividend Paid 00000000-1-38
Others 000-270024-2-1
Net Cash Flow -2-41-1437-7-54
PARTICULARSDec'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)27.4320.0210.2811.0616.1822.7219.0413.419.2313.67
ROCE (%)42.8532.2416.0317.9125.2832.5925.9618.1826.2518.8
Asset Turnover Ratio1.191.030.870.960.790.80.740.530.620.58
PAT to CFO Conversion(x)0.95-0.561.361.091.560.540.282.750.461.36
Working Capital Days
Receivable Days26242520192430383957
Inventory Days58618979758497865874
Payable Days948083768279727378103

Disa India Ltd Stock News

Disa India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Disa India on 14-Jun-2024 16:01 is ₹16,280.
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 14-Jun-2024 16:01 the market cap of Disa India stood at ₹2,355.4.
The latest P/E ratio of Disa India as of 14-Jun-2024 16:01 is 56.70.
The latest P/B ratio of Disa India as of 14-Jun-2024 16:01 is 9.85.
The 52-week high of Disa India is ₹17,676.1 and the 52-week low is ₹9,300.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Disa India is ₹319.1 ( Cr.) .

About Disa India Ltd

DISA India was incorporated in 1984 for manufacturing of modern foundry equipments. It is owned jointly by DISA Holding AG (based in Schaffhousen, Switzerland), DISA Holding A/S (based in Herlev, Denmark and the parent company of DISA Holding) and the Indian public.

It supplies complete foundry systems by integrating the DISA range of moulding machines and sand mixers with proper combination of sand plant equipments, surface treatment machineries, environmental control systems and conveying systems. It serves customers across the country with its three sales offices and two manufacturing plants.

DISA India Limited is head quartered in Bangalore, Karnataka State, South India, called silicon city of India. DISA India is a leading Foundry Machinery Manufacturer in India offering dependable process technology.

It is a part of DISA group, which is the leading supplier of foundry equipment and metal surface finishing systems, with a presence in more than 50 countries globally. DISA group was founded in the year 1900 and in the year 1937, its founder Georg Fischer started production of shot blast machines and from there started the success ctory of the group.

The manufacturing plant at Tumkur, Karnataka basically performs the activity of Manufacturing of Foundry Machinery and Shot Blast Machines and another plant at Hosakote, Karnataka manufactures Air Pollution Control Equipment. Sales offices are strategically located to cover customers in all parts of the country.These are at Bangalore, New Delhi, Kolkata and Pune.

DISA supplies a broad selection of services and products for manufacturing and machining components for the machinery industry, including plants for the production of cast components. In this branch, DISA can cover practically the entire manufacturing spectrum.

Shot blast systems, moreover, are em- ployed for mechanical descaling, or for shot peening of compo- nents subjected to high or alternating stress loads.

DISA India also represents General Kinematics, USA exclusively. It specialises in foundry equipment for casting handling and sand recovery.

Product range of the company include-

  • Moulding- DISA offers solutions employing various moulding configurations - vertical moulding, horizontal moulding and matchplate moulding technology.it offers choice of the type and size of castings, according to the size of production runs, production facility requirements, and the amount of space available in the foundry.
  • Sand technology- Modern sand technology begins with the specific treatment of used sand. It had an array of equipment to cover all stages of the process, such as cleaning, cooling, homogenizing and mixing, and also complete in-line and tower-type sand plants for all throughput capacities.In addition DISA India offers horizontal moulding machines like ARPA, sand plant equipment, sand coolers, mixers, vibratory equipment, control panel etc. for the local market.
  • Shot blast system- solutions include modern blast cleaning systems for foundries (desanding, decoring and surface finishing of iron and light metal castings) and for mechanical descaling of semi-finished or finished products in all branches of the steel producing and manufacturing industries. Shot peening is also provided.
  • Core technology- Core shooting machines, Core handling systems (Robot systems, deburring, core assembly, coating technology, core drying, transport systems), Core boxes, Core sand preparation and Auxiliary core manufacturing systems.

Future plans

DISA Holding has just started a 100 per cent owned R&D Centre called DISA Technologies Private Limited (DTPL) in Bangalore, which will work towards building competencies in India for providing engineering support to world-wide operations.A major spares distribution network is also planned in India, with a warehouse in Peenya in Bangalore. DTPL intends, at a later stage, to bring in manufacturing of the new range of products from overseas to India.

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