Techno Forge Ltd - Stock Valuation and Financial Performance

BSE: 522142 | NSE: | Forgings | Small Cap

BSE Share Price
Not Listed

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Techno Forge stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
4.8 Cr.
52-wk low:
11.1
52-wk high:
11.1

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Techno Forge:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
ROCE % 12.3%8.6%11.9%10.8%9.5%7.1%-7.2%-17.4%0.5%-48.2%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15.421.221.726.925.52310.66.47.45.15
Sales YoY Gr.-37.6%2.5%24.1%-5.2%-10%-53.6%-39.5%15.5%-31.5%-
Adj EPS 2.40.62.72.52.21.2-11.5-17.3-4.2-22.7-22.7
YoY Gr.--74%335.5%-7%-13.2%-45%-1057.5%NANANA-
BVPS (₹) 15.115.718.720.923.124.312.8-2.6-7.3-30-10.7
Adj Net
Profit
10.31.110.90.5-5-7.4-1.8-9.8-10
Cash Flow from Ops. -1.10.81.62.5-0.5-1.70.4000-
Debt/CF from Ops. -8.313.475-37.7-15.875.3000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -11.5%-27.5%-21.7%-31.5%
Adj EPS -228.5%-259.8%NANA
BVPS-207.9%-205.3%-232.9%NA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
Return on
Equity %
15.73.714.211.99.14.8-56.2-256.3101.9127.1111.4
Op. Profit
Mgn %
17.511.813.314.617.520.8-25.7-94.8-27.6-60.2-4.6
Net Profit
Mgn %
6.21.253.83.52.3-46.6-115.5-24.5-191.9-191.5
Debt to
Equity
1.51.71.41.522.65-22.3-7.8-1.8-
Working Cap
Days
2131972202143234127378734884640
Cash Conv.
Cycle
846254851452426457674143770

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Techno Forge Ltd.

Standalone Consolidated
TTM EPS (₹) -22.7 -
TTM Sales (₹ Cr.) 5.1 -
BVPS (₹.) -10.7 -
Reserves (₹ Cr.) -9 -
P/BV -1.03 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 11.07 / 11.07
All Time Low / High (₹) 1.00 / 29.75
Market Cap (₹ Cr.) 4.8
Equity (₹ Cr.) 4.3
Face Value (₹) 10
Industry PE 37

Management X-Ray of Techno Forge:

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 Techno Forge

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Sales15.3721.1521.6826.9125.5122.9510.646.447.445.10
Operating Expenses 12.6918.6618.7922.9821.0418.1813.3812.549.798.17
Manufacturing Costs2.434.396.045.595.895.493.301.831.601.61
Material Costs7.3011.8211.2714.9512.0610.087.799.516.644.56
Employee Cost 1.510.860.301.251.361.361.200.900.840.77
Other Costs 1.451.581.171.181.731.251.080.310.711.22
Operating Profit 2.682.502.893.944.474.77-2.74-6.10-2.36-3.07
Operating Profit Margin (%) 17.4%11.8%13.3%14.6%17.5%20.8%-25.7%-94.8%-31.7%-60.2%
Other Income 0.110.440.690.050.260.280.351.680.211.44
Interest 0.991.701.561.672.232.663.373.452.772.65
Depreciation 0.370.650.770.790.941.171.371.351.291.26
Exceptional Items 0000000000
Profit Before Tax 1.430.591.251.521.561.22-7.14-9.23-6.21-5.53
Tax 0.480.340.150.490.660.68-2.19-2.46-4.174.23
Profit After Tax 0.940.261.091.030.900.55-4.95-6.77-2.04-9.77
PAT Margin (%) 6.1%1.2%5.0%3.8%3.5%2.4%-46.5%-105.0%-27.5%-191.0%
Adjusted EPS (₹)2.40.62.82.52.21.3-11.5-15.7-4.7-22.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17

Equity and Liabilities

Shareholders Fund 6.526.968.209.2310.1211.076.11-0.77-2.81-12.59
Share Capital 4.044.044.114.114.114.314.314.314.314.31
Reserves 2.482.924.095.126.016.761.80-5.08-7.12-16.90
Minority Interest0000000000
Debt9.2510.4710.7912.6119.1923.9223.7922.5221.2019.21
Long Term Debt9.2510.4710.795.337.1911.379.357.946.955.24
Short Term Debt0007.271212.5514.4314.5814.2413.97
Trade Payables3.506.617.296.0611.112.430.43000
Others Liabilities 2.732.372.435.837.3410.5811.209.477.5314.65
Total Liabilities 2226.4128.7133.7247.7747.9941.5431.2225.9121.28

Fixed Assets

Gross Block13.3617.2617.7918.7125.0330.8730.8128.3927.7527.73
Accumulated Depreciation2.803.464.235.025.967.138.398.9310.0311.28
Net Fixed Assets10.5513.8013.5613.6919.0723.7422.4219.4617.7216.45
CWIP 0.2700.051.970.1700000
Investments 0000000000
Inventories7.158.099.2511.5115.1617.7315.098.084.702.81
Trade Receivables1.641.823.223.9310.303.852.161.942.140.91
Cash Equivalents 0.080.800.770.780.600.390.030.050.030.01
Others Assets2.301.901.861.832.472.291.841.691.321.11
Total Assets 2226.4128.7133.7247.7747.9941.5431.2225.9121.28

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'01Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15
Cash Flow From Operating Activity 0.290.99-1.120.781.552.50-0.51-1.700.360
PBT 0.100.811.430.561.251.521.561.22-7.140
Adjustment 0.290.75-0.80-1.172.062.253.082.141.430
Changes in Working Capital -0.01-0.49-1.751.39-1.76-1.17-5.15-5.066.070
Tax Paid 00000-0.100000
Cash Flow From Investing Activity -0.47-2.23-3.80-3.57-0.50-2.80-4.44-5.6700
Capex -0.47-2.26-3.84-3.63-0.59-2.85-4.52-5.67-0.060
Net Investments 0000000000
Others 00.040.040.060.100.050.0800.060
Cash Flow From Financing Activity 0.081.254.922.79-1.090.314.767.16-2.950
Net Proceeds from Shares 00000.1600.40000
Net Proceeds from Borrowing 0.11-0.151.75-0.430001.7300
Interest Paid 0-0.540.991.71-1.56-1.50-1.83-0.97-3.270
Dividend Paid 0000000000
Others -0.021.942.171.520.321.816.196.400.320
Net Cash Flow -0.09000-0.030.01-0.19-0.21-2.580
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Ratios
ROE (%)17.164.1915.9812.849.915.48-62.08N/AN/AN/A
ROCE (%)18.8214.261616.1215.0611.71-10.66N/AN/AN/A
Asset Turnover Ratio0.850.870.790.860.630.480.240.180.260.22
PAT to CFO Conversion(x)0.313.81-1.030.761.724.55N/AN/AN/AN/A
Working Capital Days
Receivable Days36304248102112103116100109
Inventory Days133132146141191262563657314268
Payable Days14715622516326024567800

Techno Forge Ltd Stock News

Techno Forge Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Techno Forge on 01-Jan-1970 05:30 is ₹0.00.
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-Jan-1970 05:30 the market cap of Techno Forge stood at ₹4.77.
The latest P/E ratio of Techno Forge as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Techno Forge as of 01-Jan-1970 05:30 is -1.03.
The 52-week high of Techno Forge is ₹11.07 and the 52-week low is ₹11.07.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Techno Forge is ₹5.10 ( Cr.) .

About Techno Forge Ltd

Techno Forge Ltd. is an ISO 9001:2000 Certified Company located in the north of Mumbai port. The company makes forged seamless rings upto 1500 mm outer dia. With minimum thickness of 45mm, it also makes none standard forgings such as couplers, forged fittings, forged components for valve bodies and bonnets, gear blanks, pinions, roller shafts, hollow bars and manifolds.

The company is located at the Western  part of India, which is one of the fastest Developing industrial region of India, in  terms  of Transport,  Infrastructure and oil exploration. While the workshop of the company is located at approximately 200 miles north of Mumbai port.

The company’s forging capacity is to make forge flanges right from ½” upto 48” of flanges or a single piece of 1.5 tone maximum, the company makes forged seamless ring up to 1500 mm outer dia. With minimum thickness of 45mm, they also make none standard forgings such as couplers, forged fittings, forged components for valve bodies and bonnets, gear blanks, pinions, roller shafts, hollow bars and manifolds.

The company executes orders under third party inspection agencies such as Lloyds Registrar of Industrial services,TUV, DNV, ABS, udhe India, BVIS Baxcouncil, Nuclear power corporation of India Ltd, EIL, IBR, L &T etc.

It is exporting forged flanges, couplers, forged fittings and forged components for valve bodies and bonnets to European customers.

The company is considered to be preferred vendor for all kinds of forgings with the most reputed organizations such as Nuclear power corporation India Limited, Bhabha Atomic Research centre, Reliance India Limited, Larson and Tubro & oil and Natural Gas Commission of India.

Product range of the company includes:

Non Standard Products

  • Tube, Sheet, Gear Blanks
  • Shaft, Multi Step Shaft
  • Rotary shaft, pinions, Rollers
  • Flats and Blocks
  • Gear Rings
  • Hollow Bars
  • Rolls for rolling mills
  • Forge Valve body

Shipping Products

  • Rudder Stock Assembly
  • Nozzle Support
  • Trunk Boss
  • Upper Stock (shaft)
  • Shaft Holders
  • Winch Assembly
  • Trigger Assembly
  • All other forge components for marine products

Forge Flanges

Achievements/ recognition:

  • It is an organized forged shop, certified ISO 9001: 2000 by International certification services (Asia) Pvt Ltd.
  • Engineers India Ltd, Nuclear power corporation, Indian Boiler Regulation have approved the forge shop.
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