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Metalyst Forgings Ltd Stock Analysis

Small Cap
Evaluated by 787 users | BSE: 513335 | NSE: METALFORGE |
Forgings
Ahmednagar Forgings (AFL) was incorporated under the Companies Act and registered with the Registrar of Companies, Mumbai on March 21, 1977. The registered office of AFL is currently situated at Gat No. 614 at Village Kuruli, Khed Taluka, Pune District, 410501.Amtek acquired AFL in order to...

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.
Metalyst Forgings Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation
 Jun'10Jun'11Jun'12Sep'13Sep'14Sep'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 9.54%12.85%13.17%10.9%9.78%5.82%0.46%-1.42%-21.52%-10.68%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 6349351,2141,3752,3972,3451,7381,106374380
Y-o-Y Gr. Rt.-47.5%29.8%13.2%74.4%-2.2%-25.9%-36.4%-66.2%1.7%
Adjusted EPS (Rs.) 16.129.4432.7737.5952.01-9.96-65.88-82.39-207.33-67.13
Y-o-Y Gr. Rt.-82.9%11.3%14.7%38.4%-119.2%NANANANA
Book Value per Share (Rs.) 142.07169.17200.9197.51298.22294.01441.3650.41-159.81-226.91
Adjusted Net Profit 59.2108120138191-36.6-242-336-903-292
Net Op. Cash Flow (Rs. Cr.) 46.419525750833174531770957.5-0.9
Debt to Cash Flow from Ops 11.572.612.613.367.753.8417.474.5759.06-4,028.74
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.
Metalyst Forgings Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -5.5%-30.8%-39.8%1.7%
Adjusted EPS -217.2%-205.2%NANA
Book Value per Share -205.3-194.7-180.10
Share Price -28.2% -42.7% -47.1% -28.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Jun'10Jun'11Jun'12Sep'13Sep'14Sep'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 12.0418.9217.7120.2518.53-3.36-12.79-64.54387.0534.72
Operating Profit Margin (%) 22.8926.3724.3124.2324.9721.1717.315.92-10.292.93
Net Profit Margin (%) 9.3311.579.9210.057.97-1.56-13.93-30.35-241.56-76.93
Debt to Equity 1.030.820.912.352.342.643.4115.78-4.88-3.45
Working Capital Days 163150172139135217656387629411
Cash Conversion Cycle 9910911993107190567275352230
Entity Percentage Holding
Promoters 61.32%
Institutions 0.36%
Non-Institutions 38.32%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Metalyst Forgings Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Metalyst Forgings Ltd is a average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Metalyst Forgings Ltd's performance infers:

Metalyst Forgings Ltd earnings have declined by -205.2%, whereas share price has depreciated -42.7% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Metalyst Forgings Ltd share prices over the last 10 years. Here is what we found out:

Metalyst Forgings Ltd share price has depreciated -29.1% annually over the past ten years.

Ahmednagar Forgings (AFL) was incorporated under the Companies Act and registered with the Registrar of Companies, Mumbai on March 21, 1977. The registered office of AFL is currently situated at Gat No. 614 at Village Kuruli, Khed Taluka, Pune District, 410501.

Amtek acquired AFL in order to establish a manufacturing business in western India, as there were a number of automotive companies which were being supplied by AFL in that region.

AFL is a manufacturer of forging and machined

Ahmednagar Forgings (AFL) was incorporated under the Companies Act and registered with the Registrar of Companies, Mumbai on March 21, 1977. The registered office of AFL is currently situated at Gat No. 614 at Village Kuruli, Khed Taluka, Pune District, 410501.

Amtek acquired AFL in order to establish a manufacturing business in western India, as there were a number of automotive companies which were being supplied by AFL in that region.

AFL is a manufacturer of forging and machined automotive components, cold forged parts and high tensile fasteners.

AFL operates four plants; two of them are located at Ahmednagar, Maharashtra and the other two near Pune, Maharashtra.

One of AFL's plants at Ahmednagar also manufactures high tensile fasteners and cold-formed components. It supplies products to its customers based on the technical specifications provided by them.

The shares of the company are listed on Bombay Stock Exchange and National Stock Exchange.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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