1. Is Technofab Engineering Ltd a good quality company?
Data is not available for this company.
2. Is Technofab Engineering Ltd undervalued or overvalued?
The key valuation ratios of Technofab Engineering Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
3. Is Technofab Engineering Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Technofab Engineering Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||17.1%||6.6%||6.9%||8%||8.2%||9.6%||-1.9%||-37.1%||-32.7%||-23.8%||-|
|Value Creation Index ⓘ||0.2||-0.5||-0.5||-0.4||-0.4||-0.3||-1.1||-3.7||NA||NA||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-4.5%||3.1%||10.3%||-13.2%||8.1%||-14.8%||-84.7%||-52.9%||324.1%||-|
|Adj EPS ⓘ||32.3||7.3||7.4||10.1||10.9||11.9||-29.2||-144||-90.9||-54.8||-79.8|
|YoY Gr. Rt. %||-||-77.5%||1.7%||36%||8.8%||8.9%||-345.2%||NA||NA||NA||-|
|BVPS (₹) ⓘ||193.1||199.7||207.7||218.7||251.9||265||234.8||5.4||-116.6||-192.6||-119.2|
|Adj Net Profit ⓘ||33.9||7.6||7.8||10.6||11.5||12.5||-30.6||-151||-95.3||-57.5||-84|
|Cash Flow from Ops. ⓘ||-7||-23.3||12.9||8.2||8.8||36.3||-32.6||-149||-36||-16||-|
|Debt/CF from Ops. ⓘ||-10||-3.5||8.2||11.7||11.3||2.8||-4.1||-2||-9.5||-24.2||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-206.1%||-238%||NA||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||18.1||3.7||3.6||4.7||4.7||4.6||-11.7||-119.9||163.5||35.5||51.2|
|Op. Profit Mgn % ⓘ||14||7.2||7.1||8.2||10.4||12.2||-3.5||-106.9||-289.7||-29.8||-24.3|
|Net Profit Mgn % ⓘ||8||1.9||1.9||2.3||2.9||2.9||-8.3||-267.1||-357.9||-50.9||-56|
|Debt to Equity ⓘ||0.4||0.4||0.5||0.4||0.4||0.4||0.5||53.5||-2.8||-1.9||-|
|Working Cap Days ⓘ||241||327||345||319||383||411||517||2,942||5,046||1,014||0|
|Cash Conv. Cycle ⓘ||56||111||154||157||200||203||267||2,100||3,532||586||0|
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 %
|TTM EPS (₹)||-79.8||-79.8|
|TTM Sales (₹ Cr.)||150||150|
|BVPS (₹.) ⓘ||-119.2||-107.1|
|Reserves (₹ Cr.) ⓘ||-135||-123|
|From the Market|
|52 Week Low / High (₹)||6.50 / 6.85|
|All Time Low / High (₹)||4.74 / 339.40|
|Market Cap (₹ Cr.)||6.5|
|Equity (₹ Cr.)||10.5|
|Face Value (₹)||10|
|Industry PE ⓘ||27.5|
Technofab Engineering Limited was incorporated on July 20, 1971 in New Delhi as Technofab Engineering Private Limited under the Companies Act, 1956 with the Registrar of Companies, National Capital Territory of Delhi and Haryana (â€œRoCâ€). The Company became a deemed public limited company in terms of Section 43A (1A) of the Companies Act, 1956 with effect from January 4, 1989. The Company became a public limited company pursuant to the enactment of the Companies (Amendment) Act, 2000 and a special resolution passed by the Company on June 24, 2002. The RoC accordingly altered the Certificate of Incorporation to that effect on May 7, 2003.
The Company is engaged in the business of providing Engineering Procurement and Construction (EPC) services, executing a wide range of Balance-of-Plant (BoP) and electro-mechanical projects on a complete turnkey basis. It provides the services to domestic and overseas markets across a number of industrial and infrastructure sectors which includes power, oil & gas, water & waste water treatment and other industrial & infrastructure sectors.
In the initial years, the company largely targeted individual BoP packages required by customers in steel, metallurgical and power sectors and gradually evolved to undertake comprehensive turnkey projects in liquid waste & effluent treatment, raw & seawater intake systems & pumping stations, rural electrification works comprising transmission mains & distribution lines, rehabilitation and up gradation of city water & sewage treatment plants in the domestic and international market.
With an endeavour to expand more engineered systems to the product portfolio, the Company developed capabilities to design and engineer fire protection systems to protect all types of hazards, with a special focus on facilities with medium to high risk ratings such as power stations and oil refineries / petrochemical facilities. It has provided fire detection and protection systems in 27 different power projects aggregating approximately 17000 mw of installed capacity apart from customers in hydrocarbon and other sectors.
For further growth it expanded the business activities to international market and secured the first overseas project in Kenya, Africa in 1993 and since then it has executed projects in Zambia, Ghana and Kenya.
Leveraging the project management skills, the Company entered into the Water and Wastewater treatment sector and secured three of the first set of Water and Wastewater Treatment & Recycling projects of NTPC at Rihand, Korba and Kahalgaon in 1996, 1997 and 1998 respectively.
The Company experienced certain financial constraints during the period 2001-2005 on account of which dues of one the bankerâ€™s Viz.,Central Bank of India remained unpaid. In the year 2006, the company paid the total outstanding dues payable to them amounting to Rs. 1,113 lakh as a One Time Settlement (OTS) in full. Accordingly, the name of the Company was removed from the RBIâ€™s defaulters list.
The company manages its domestic and overseas operations from its Corporate Office at Faridabad, Haryana in the National Capital Region. To execute overseas projects, it has established offices in Ethiopia, Kenya and Fiji.
The Company provides EPC services for various BoP packages for power, oil & gas and other industrial and infrastructure undertakings. It also provides EPC services to the main plant for water & waste water treatment projects. The company has dealt with engineering consultants such as Development Consultants Private Limited (DCPL), Desein Private Limited, FITCHNER Consulting Engineers (India) Private Limited, Mecon, Tata Consulting Engineers, Engineers India Limited, M.N. Dastur, L&T, Sargent & Lundy, Uhde India Private Limited, Toyo Engineering India Limited, SAUR International, BCEOM France, etc. for its various EPC projects.
Company undertakes the following packages on a complete turnkey basis:
Industrial, Utility and Low Pressure Piping Systems: The scope of service includes the detailed engineering, procurement, fabrication, erection, testing and inspection, commissioning of the piping system along with all related civil/structural works for over-ground and underground piping supports like sleepers, pipe racks and bridges.
Fuel Oil, Unloading, Storage and Handling Systems: The scope of service includes design, engineering, manufacturing, works-based testing, shop painting, transportation packing, works loading, on-site reception and unloading, site storage, in-plant transportation, on-site fabrication and assembly, erection, commissioning and testing.
Fire Detection, Alarm and Protection Systems: The scope of service includes design, systems engineering, procurement, supply, erection, testing and commissioning of fire detection, alarm and protection systems. The systems encompass hydrants, automatic high and medium velocity water spray systems, gas extinguishing systems, intelligent alarm and control systems, etc.
Water, Wastewater and Effluent Treatment and Recycling Systems: The Company undertakes Water and Liquid Waste, Effluent Treatment & Recycling Systems, Sewage Treatment Plants to collect, treat and recycle raw water and effluent discharges. The Plants are designed, supplied, constructed, erected and commissioned on a turnkey basis, meeting applicable pollution control norms.
Tankages: The scope of service includes design & engineering, procurement, supply, erection, testing, and commissioning of Site Fabricated Bulk Storage Tanks for storing petroleum products and other liquids such as DM water, condensate water, etc. on a total turnkey basis.
Raw & Sea Water Intake Systems: The Company takes up the plant water intake system and associated cross country pipeline from river / sea to the plant including associated pumping station, civil works, maintenance roads on a complete turnkey basis.
Plant Electrification / Transmission & Distribution / Rural Electrification: The scope involves design and detailed engineering, sizing and specifications for procurement, installation, testing, commissioning of a variety of electrical and control items like HT & LT switchgear, control panels, transformers, metering, cabling and lighting along with associated civil works.
Renovation and Modernization of Coal Feeding Systems: The Company undertakes the retrofitting of existing volumetric coal feeding systems of power plants with microprocessor based gravimetric coal feeding systems sourced from a Company based in USA on a turnkey basis.
The company is an ISO 9001:2000 accredited company for 'Engineering Procurement and Construction of Engineered Systems on Complete Turnkey basis in Core, Energy and Infrastructure Sector Projects'.