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Miven Machine Tools Ltd Stock Analysis

Small Cap
Evaluated by 20 users | BSE: 522036 | NSE: |
Engineering - Industrial Equipments
Miven Machine Tools was earlier known as Kirloskar Warner Swasey and was incorporated in 1985 as a joint venture between The Mysore Kirloskar and Warner and Swasey Company USA. Right from its inception, the company has taken strides with amazing pace and confidence by introducing state of the...

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed -7.5%-10.66%-15.23%-17.66%-187.82%-328.53%1857.19%84.7%22.08%-15.94%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 5.58.56.86.66.53.72.82.14.85.8
Y-o-Y Gr. Rt.-53.7%-20.1%-2.4%-2.1%-42.5%-24.7%-26.8%136.1%19.4%
Adjusted EPS (Rs.) -2.45-2.86-4.13-5.44-8.23-8.48-9.71-9.61-5.11-1.23
Y-o-Y Gr. Rt.-NANANANANANANANANA
Book Value per Share (Rs.) -10.86-13.71-17.84-23.27-31.73-40.21-46.77-52.46-50.34-30.8
Adjusted Net Profit -0.7-0.9-1.2-1.6-2.5-2.6-2.9-2.9-1.5-0.4
Net Op. Cash Flow (Rs. Cr.) 0.11-3.92.90.9-2.71.7-0.4-0.7-0.2
Debt to Cash Flow from Ops 103.956.1-2.673.1310.63-4.867.55-31.29-16.87-33.51
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.
Miven Machine Tools Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 0.5%-2.2%27.3%19.4%
Adjusted EPS NANANANA
Book Value per Share 0000
Share Price - -3.2% -15.7% 31.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 25.4323.2526.1526.4529.9223.5822.3319.369.943.03
Operating Profit Margin (%) -0.271.21-1.61-3.11-16.09-26.38-52.49-76.22-18.16-29.52
Net Profit Margin (%) -13.35-10.13-18.31-24.71-38.2-68.41-104.05-140.93-31.68-6.4
Debt to Equity -1.79-1.4-1.96-1.29-0.97-1.1-0.9-0.85-0.83-0.64
Working Capital Days 3322603854714186266851,021451260
Cash Conversion Cycle 15212719319012016026646713881
Entity Percentage Holding
Promoters 75.00%
Non-Institutions 25.00%
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 Miven Machine Tools Ltd's performance infers:

Miven Machine Tools Ltd earnings have grown by 0%, whereas share price has depreciated -3.2% 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.

Data is not available for this company

Miven Machine Tools was earlier known as Kirloskar Warner Swasey and was incorporated in 1985 as a joint venture between The Mysore Kirloskar and Warner and Swasey Company USA. Right from its inception, the company has taken strides with amazing pace and confidence by introducing state of the art turning machines.

Looking at the rapid growth of the company, Giddings and Lewis, USA found this to be a lucrative venture and brought it under its wing. In 1998, the company joined Giddings and

Miven Machine Tools was earlier known as Kirloskar Warner Swasey and was incorporated in 1985 as a joint venture between The Mysore Kirloskar and Warner and Swasey Company USA. Right from its inception, the company has taken strides with amazing pace and confidence by introducing state of the art turning machines.

Looking at the rapid growth of the company, Giddings and Lewis, USA found this to be a lucrative venture and brought it under its wing. In 1998, the company joined Giddings and Lewis family. In the year 2002, NASPL acquired a major stake in Giddings and Lewis India and renamed the company as Miven Machine Tools (MMTL).   MMTL is a public limited company having equity holding of 87% by NASPL and balance 13% with the public. Miven is pioneer in the areas of manufacturing of industrial equipments, chip and coolant disposable systems, investments, software and trading. MIVEN was founded by NA Sirur group of companies (NASPL) in the year 1981.

MMTL is located in Tarihal Industrial Area, Hubli. The plant is spread over 21 acres of land with 32,000 square feet of built up area.

Business area of the company

MMTL caters to a wide range of CNC Turning machines ranging from a diameter of 160 to 800 mm chuck size with 350 - 3000 mm admit between centers. Miven offers latest versions of CNC controllers and drives. Miven’s popular model WSU-12 is renowned not only in India but also in European Countries and US. Miven redesigned its universal series to Chucker series for catering to automobile industry requirements. Miven has also developed and supplied machines with live tool and ‘C’ axis (turn mill centers).

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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