Integra Engineering India Ltd Stock Analysis

BSE: 505358 | NSE: | Engineering - Industrial Equipments | Small Cap

BSE Share Price 01-Feb-2023 18:03
85.90 1.60 (1.90%)

DeciZen - Make an Informed Decision on Integra Engineering

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Integra Engineering Price Chart

P/E Ratio ( SA) :
18.93
Market Cap :
295.2 Cr.
52-wk low :
52.6
52-wk high :
105
Bole Toh?

1. Is Integra Engineering India Ltd a good quality company?

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

2. Is Integra Engineering India Ltd undervalued or overvalued?

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

3. Is Integra Engineering India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Integra Engineering India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Integra Engineering:

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.
Integra Engineering India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Dec'12Dec'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -2.3%-1.2%1.4%4.1%6%16.3%36.7%14.6%11.2%14%-
Value Creation Index -1.2-1.1-0.9-0.7-0.60.21.60.1-0.20-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 22.823.122.626.331.945.162.762.963104128
YoY Gr. Rt. %-1%-2.1%16.4%21.5%41.3%38.8%0.4%0.1%64.7%-
Adj EPS -0.3-0.200.30.313.31.71.62.74.5
YoY Gr. Rt. %-NANA2800%3.5%233.3%227%-48.6%-4.8%65.6%-
BVPS (₹) 3.63.42.73.72.53.56.88.41012.614.1
Adj Net Profit -1.2-0.80113.411.25.85.59.116
Cash Flow from Ops. -0.53.61.12.30.70.555.412-7.3-
Debt/CF from Ops. -10.112.601829.933.52-5.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18.3%26.6%18.3%64.7%
Adj EPS NA54.6%-6.8%65.6%
BVPS 15.137.923.226.3
Share Price 21% 8.8% 29.5% -2.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'12Dec'13Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -5.3-3.20.24.1632.963.422.117.323.234
Op. Profit Mgn % -3.2-5.101.40.510.214.813.413.114.214.3
Net Profit Mgn % -5-3.40.13.83.27.617.99.28.78.812.2
Debt to Equity 0.20.20.201.41.10.70.70.70.9-
Working Cap Days 2132651881831631701681982212120
Cash Conv. Cycle 1181591011088888951361681530

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.30%

Debt to equity has declined versus last 3 years average to 0.85

Sales growth is good in last 4 quarters at 46.29%

Return on Equity has declined versus last 3 years average to 18.80%

Net Profit has been subdued in last 3 years -6.77%

Latest Financials - Integra Engineering India Ltd.

Standalone Consolidated
TTM EPS (₹) 4.5 4.5
TTM Sales (₹ Cr.) 128 128
BVPS (₹.) 14.1 14.1
Reserves (₹ Cr.) 45 45
P/BV 6.10 6.10
PE 18.93 18.92
From the Market
52 Week Low / High (₹) 52.55 / 105.00
All Time Low / High (₹) 0.85 / 108.50
Market Cap (₹ Cr.) 295
Equity (₹ Cr.) 3.4
Face Value (₹) 1
Industry PE 19.6

Management X-Ray of Integra Engineering :

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 Integra Engineering

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

News

Integra Engineering India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Integra Engineering on 01-Feb-2023 18:03 is : 85.90.
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-Feb-2023 18:03 the market cap of Integra Engineering stood at ₹ 295.2.
The latest PE ratio of Integra Engineering as of 01-Feb-2023 18:03 is 18.93.
The latest PB ratio of Integra Engineering as of 01-Feb-2023 18:03 is 6.10
The 52-week high of Integra Engineering is ₹ 105.0 and the 52-week low is ₹ 52.55.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Integra Engineering is ₹ 128.2 ( Cr.) .

About Integra Engineering India Ltd

Integra Engineering India, earlier known as Schlafhorst Engineering (India) (SCHEI) was incorporated as Padmatex Engineering Private Limited in the State of Maharashtra on June 3, 1981.  Pursuant to provisions of Section 23 of the Companies Act, 1956 and the special resolution passed by the company at its Extra-Ordinary General Meeting held on 29th March, 1982 the company was converted into public limited company and fresh certificate of change of name was received on June 3, 1982.  The name of the company was subsequently changed to Schlafhorst Engineering (India) and a fresh certificate of incorporation consequent on change of name was obtained from the Registrar of Companies, Maharashtra at Mumbai on October 10, 1994. The registered office of the company was shifted to Vadodara as confirmed by the Company Law Board, Western Region Bench, Mumbai (CLB) by its order dated November 23, 1995.  The Registrars of Companies of Maharashtra and Gujarat have registered the Order of the CLB on 12th January, 1996 and 1st February, 1996 respectively. In 2011 the company changed its name from Schlafhorst Engineering (India) Ltd. to Integra Engineering India Ltd.

The company has obtained Industrial Licence No. CIL : 212 (82) dated June 21, 1982 from the Central Government for the manufacture of 200 nos.  Automatic Cone Winding Machines (Autoconers).  The licensed capacity of Autoconers was increased to 300 numbers by Licence No.2.33/87 -IM(I) dated 14th February 1989.  The company also obtained sanction vide letter No. TXM/1399/VOL.I.96 dated 7.1.1985 for manufacture of 170 numbers Draw Frames and Speed Frames, which was later amended to 250 numbers vide letter no. 6(46)BB/87/TXM/251 dated 30th July, 1990.  Copies of these licences are open to public inspection at the Registered Office of the Company.

The company received approval for foreign collaboration with RVG, Germany vide letter no. FC.II.216(90) dated 1st September, 1991 which was later amended vide letter of even no. dated 24th March, 1992 for payment of royalty and vide letter no. FC.II:491(93)/541(93) dated 21st December, 1993 for equity participation upto 51% from the Secretariat for Industrial Approvals, Department of Industrial Development, Ministry of Industry, Government of India. 

Schlafhorst Engineering (India) (SCHEI) was promoted by Mafatlal Industries as Padmatex Engineering in technical and financial collaboration with RVG, Germany - a holding company of W. Schlafhorst AG and Company, Germany, and a part of the Saurer AG Group, Switzerland, for the manufacture of highly sophisticated textile machinery.

The company set up its plant at Halol, Panchmahal district, Gujarat for the manufacture of textile machineries viz. Automatic Cone Winding Machine, Warping Installations in 1983.  It commenced commercial production in the last quarter of 1983.  In 1984, the company acquired a working plant situated in Vadodara from Mafatlal Engineering Industries to enable it to increase its manufacturing capacity to meet the growing demand for the textile machinery. A new product - High Speed Draw Frame was also introduced in its product range in 1985.

During 1990, the company entered into a technical collaboration with Reifenhauser GmbH, Germany, for the manufacture of sophisticated Plastic Processing machinery viz.  Extruders and Extrusion Systems with the approval No. FC.II.52(90)/493(89) Amend dated 25th October, 1990 of Secretariat for Industrial Approvals, Department of Industrial Development, Ministry of Industry, Government of India.  It issued 5,84,000 equity shares of Rs.10 each at par to Reifenhauser as part of the collaboration agreement.  However, the collaboration agreement was terminated by mutual consent with effect from 1st January, 1995, as the Plastic processing machinery business was not compatible with the core business strategy and long-term goals of the company under the new management of RVG.  However, Reifenhauser still continues to hold the equity shares issued to it.

In 1994, the management control of the company was passed on to RVG, Germany the company's collaborator, when their stake in the equity share capital of the company was increased to 51% of the total paid-up capital of the company through issue of fresh capital and consequently the name of the company was changed from Padmatex Engineering to Schlafhorst Engineering (India) with effect from October 10, 1994. The ISO 9002 certified company has its factories in the Panchmahal district of Gujarat with an installed capacity of 24 high speed draw frames, which is used as a spinning preparatory machine by textile mills. The unit also undertakes job work and sale of spare parts.

The registered office is at Chandrapura Village, Halol taluka, Panchmahal district-389350, Gujarat.

 

Business areas of the company:

 The Company is presently manufacturing, in technical collaboration with RVG, Germany new generation Automatic Cone Winding Machine with high degree of automation capable of providing better package size and quality, increased production and reduced winding cost; DrawFrames Model 720M and Speed Frames as per the technical specifications of Zinser Textilmashinen GmbH, Germany at its plants located at Halol and Vadodara. 

It has received ISO 9002 certificate for its factories at Halol and Vadodara for establishing and applying a quality system for textile machinery from TUV- Zertifizierungs gemeinschaft e.V. dated 3.2.1995.

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