X

Simmonds Marshall Ltd. Stock Analysis

Small Cap
Evaluated by 329 users | BSE: 507998 | NSE: |
Fasteners
Simmonds Marshall Limited was incorporated in 1960 as a Private Company in technical and financial collaboration with Firth Cleveland Fastenings UK holding 51% of the equity of the company. This shareholding was diluted progressively and the balance of foreign holding was purchased fully by...

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 20.88%27.38%20.14%10.43%11.28%14.03%10.25%10.24%13.51%9.26%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 48.171.291.190.3104135136145175182
Y-o-Y Gr. Rt.-47.9%28%-0.8%15.5%29.6%0.7%6.5%20.7%3.9%
Adjusted EPS (Rs.) 3.897.427.233.434.626.634.825.778.595.82
Y-o-Y Gr. Rt.-90.8%-2.6%-52.6%34.7%43.5%-27.3%19.7%48.9%-32.3%
Book Value per Share (Rs.) 13.7520.727.1129.6132.9438.5242.3348.3156.3360.26
Adjusted Net Profit 4.48.38.13.95.27.45.46.59.66.5
Net Op. Cash Flow (Rs. Cr.) 7.11.86.86.48.48.69.3910.9-2.1
Debt to Cash Flow from Ops 1.9310.784.535.073.654.033.463.512.55-17.58
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.
Simmonds Marshall Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 15.9%11.8%10.1%3.9%
Adjusted EPS 4.6%4.7%6.5%-32.3%
Book Value per Share 17.812.812.57
Share Price 2.6% -14.9% -23.6% -16.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 34.5743.130.2512.1114.7918.5411.9212.7416.429.98
Operating Profit Margin (%) 20.7322.418.7612.4312.3314.051211.3811.968.85
Net Profit Margin (%) 9.0611.688.894.264.975.493.974.465.53.59
Debt to Equity 0.890.851.010.980.830.810.680.580.440.55
Working Capital Days 203158152170157148163175166191
Cash Conversion Cycle 1129710412010999109121108126
Entity Percentage Holding
Promoters 58.63%
Institutions 1.00%
Non-Institutions 40.36%
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 Simmonds Marshall Ltd.'s performance infers:

Simmonds Marshall Ltd. earnings have grown by 4.7%, whereas share price has depreciated -14.9% 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 Simmonds Marshall Ltd. share prices over the last 10 years. Here is what we found out:

Simmonds Marshall Ltd. share price has depreciated -3.3% annually over the past ten years.

Simmonds Marshall Limited was incorporated in 1960 as a Private Company in technical and financial collaboration with Firth Cleveland Fastenings UK holding 51% of the equity of the company. This shareholding was diluted progressively and the balance of foreign holding was purchased fully by the promoters in 1987.

In 1986, the company went public and is now a quoted company on the stock exchange. The company manufactures a range of Specialized Nylon Insert Self Locking Nuts and other

Simmonds Marshall Limited was incorporated in 1960 as a Private Company in technical and financial collaboration with Firth Cleveland Fastenings UK holding 51% of the equity of the company. This shareholding was diluted progressively and the balance of foreign holding was purchased fully by the promoters in 1987.

In 1986, the company went public and is now a quoted company on the stock exchange. The company manufactures a range of Specialized Nylon Insert Self Locking Nuts and other Special Fasteners.

The company has been augmenting its cold forming capacity and can produce over 500 million nuts per annum in a wide range from M4 to M48 diameter and equivalent imperial sizes. These nuts are manufactured either to American, British, Japanese, ISO or Indian Standards in a variety of thread forms and protective finishes.

The company also has a battery of multi-spindle automatic bar turning centres capable of producing related automotive components as well.

The company is fully equipped to supply a wide range of Bolts from our associated companies ranging from M5 to M70.

Product range of the company includes:

  • Cap castle & Coupling Nuts
  • Cleveloc Self-Locking Nut
  • Cold Forged Automotive Components
  • Flange, Cage & Weld Nuts
  • Nalco Self-Locking Nuts
  • U-Nuts & Wheel Nuts
  • Bolts

Clientele:

Simmonds Marshall  caters to the automotive and industrial sectors and supplies to almost all the major Automobile Manufacturers in India as OE suppliers. Furthermore, General Motors, Fiat, Honda, Caterpillar, Suzuki, Leyland, Dana, New Holland are some of the world's finest companies that source their requirements from it.

Achievements/ recognition:

  • An  ISO/TS 16949:2002 certified company
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback