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BSE: 0 | NSE: SAAKSHI | Diversified | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Saakshi Medtech & Panels Ltd is a average quality company.
The key valuation ratios of Saakshi Medtech & Panels Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Saakshi Medtech & Panels Ltd is likely to Rise 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.
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 20.2% | 8.1% | 23.7% | 25.1% | - |
| Value Creation Index ⓘ | 0.5 | -0.4 | 0.7 | 0.8 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 61.3 | 59.8 | 91.6 | 122 | 122 |
| Sales YoY Gr. | - | -2.4% | 53.2% | 33.3% | - |
| Adj EPS ⓘ | 4.5 | 1.7 | 7.3 | 9.7 | 7 |
| YoY Gr. | - | -63% | 337.7% | 32.4% | - |
| BVPS (₹) ⓘ | 13.9 | 15.5 | 23 | 32.5 | 55.4 |
| Adj Net Profit ⓘ | 5.9 | 2.2 | 9.5 | 12.6 | 12 |
| Cash Flow from Ops. ⓘ | 11 | 0.3 | 11 | 10.5 | - |
| Debt/CF from Ops. ⓘ | 1.7 | 79.7 | 1.5 | 1.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 25.8% | 33.3% | ||||
| Adj EPS ⓘ | NA | NA | 29% | 32.4% | ||||
| BVPSⓘ | NA | NA | 32.8% | 41.5% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 32.5 | 11.4 | 38 | 34.9 | 16 |
| Op. Profit Mgn % ⓘ | 18.2 | 10 | 17.3 | 17.1 | NAN |
| Net Profit Mgn % ⓘ | 9.6 | 3.6 | 10.4 | 10.3 | 10.1 |
| Debt to Equity ⓘ | 1.1 | 1.1 | 0.6 | 0.5 | - |
| Working Cap Days ⓘ | 0 | 167 | 137 | 140 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 71 | 53 | 55 | 0 |
Sales growth is growing at healthy rate in last 3 years 25.83%
Net Profit is growing at healthy rate in last 3 years 28.99%
Debt to equity has declined versus last 3 years average to 0.48
Return on Equity has declined versus last 3 years average to 16.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 7 | - |
| TTM Sales (₹ Cr.) | 122 | - |
| BVPS (₹.) ⓘ | 55.4 | - |
| Reserves (₹ Cr.) ⓘ | 80 | - |
| P/BV ⓘ | 4.71 | - |
| PE ⓘ | 37.16 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 460 |
| Equity (₹ Cr.) | 17.7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 70.4 |
| Pledged * | 0.00 | 0.00 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|
| Sales | 61 | 60 | 92 | 122 |
| Operating Expenses ⓘ | 50 | 54 | 76 | 102 |
| Manufacturing Costs | 3 | 4 | 4 | 5 |
| Material Costs | 38 | 41 | 60 | 79 |
| Employee Cost | 6 | 6 | 1 | 3 |
| Other Costs ⓘ | 3 | 3 | 10 | 15 |
| Operating Profit ⓘ | 11 | 6 | 16 | 21 |
| Operating Profit Margin (%) | 18.1% | 9.8% | 17.1% | 16.8% |
| Other Income ⓘ | 0 | 0 | 0 | 0 |
| Interest ⓘ | 2 | 1 | 1 | 1 |
| Depreciation ⓘ | 2 | 2 | 2 | 3 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 8 | 3 | 13 | 17 |
| Tax ⓘ | 2 | 1 | 3 | 4 |
| Profit After Tax | 6 | 2 | 9 | 12 |
| PAT Margin (%) | 9.4% | 3.5% | 10.2% | 10.1% |
| Adjusted EPS (₹) | 4.5 | 1.6 | 7.2 | 9.5 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 18 | 20 | 30 | 42 | ||||||
| Share Capital ⓘ | 3 | 3 | 3 | 3 | ||||||
| Reserves ⓘ | 15 | 18 | 27 | 40 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 18 | 19 | 13 | 17 | ||||||
| Long Term Debt | 8 | 8 | 7 | 7 | ||||||
| Short Term Debt | 10 | 11 | 6 | 9 | ||||||
| Trade Payables | 8 | 11 | 14 | 20 | ||||||
| Others Liabilities ⓘ | 5 | 5 | 8 | 14 | ||||||
| Total Liabilities ⓘ | 48 | 56 | 65 | 93 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 32 | 33 | 39 | 50 | ||||||
| Accumulated Depreciation | 10 | 12 | 13 | 16 | ||||||
| Net Fixed Assetsⓘ | 22 | 22 | 26 | 34 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 8 | 11 | 13 | 24 | ||||||
| Trade Receivables | 10 | 15 | 17 | 23 | ||||||
| Cash Equivalents | 2 | 3 | 1 | 3 | ||||||
| Others Assetsⓘ | 6 | 6 | 7 | 9 | ||||||
| Total Assets ⓘ | 48 | 56 | 65 | 93 | ||||||
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 11 | 0 | 11 | 11 |
| PBT ⓘ | 8 | 3 | 13 | 17 |
| Adjustment ⓘ | 4 | 3 | 3 | 4 |
| Changes in Working Capital ⓘ | 1 | -5 | -2 | -6 |
| Tax Paid ⓘ | -2 | -1 | -3 | -4 |
| Cash Flow From Investing Activity ⓘ | -6 | -1 | -5 | -11 |
| Capex | -7 | -1 | -6 | -11 |
| Net Investments | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | -3 | 2 | -7 | 2 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 2 | 0 | -1 | 0 |
| Interest Paid ⓘ | -2 | -1 | -1 | -1 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | -2 | 3 | -5 | 4 |
| Net Cash Flow ⓘ | 2 | 1 | -1 | 2 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 32.09 | 11.03 | 37.51 | 34.35 | ||||||
| ROCE (%) | 26.8 | 11.68 | 31.77 | 33.25 | ||||||
| Asset Turnover Ratio | 1.27 | 1.15 | 1.51 | 1.54 | ||||||
| PAT to CFO Conversion(x) | 1.83 | 0 | 1.22 | 0.92 | Working Capital Days | |||||
| Receivable Days | 62 | 77 | 64 | 60 | ||||||
| Inventory Days | 46 | 56 | 48 | 55 | ||||||
| Payable Days | 73 | 83 | 74 | 78 | ||||||
Saakshi Medtech and Panels was originally incorporated as a Private Limited Company under the name ‘Saakshi Machine and Tools Private Limited’ on March 25, 2009 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Pune, Maharashtra. Later, on January 27, 2012, the Company took over the business of proprietorship concern of Lt. Vijay Laxman Latkar, namely Supreme Industry. Thereafter the name of the Company was changed from ‘Saakshi Machine and Tools Private Limited’ to ‘Saakshi Medtech and Panels Private Limited’ pursuant to special resolution passed by the shareholders at the Extra Ordinary General Meeting held on February 06, 2023 and consequent to name change a fresh Certificate of Incorporation was granted to the company on March 16, 2023 by the Registrar of Companies, Pune. Subsequently, the Company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on May 8, 2023 and consequently the name of the Company was changed from ‘Saakshi Medtech and Panels Private Limited’ to ‘Saakshi Medtech and Panels Limited’ vide a fresh certificate of incorporation dated June 06, 2023, issued by the Registrar of Companies, Pune, Maharashtra.
Saakshi Medtech and Panels is a diversified company engaged in manufacturing of: i) Electrical Control Panels and Cabinets used in elevators, air compressors, renewal energy industry, oil & gas exploration industry, electrical vehicle charging stations etc, ii) Medical X Ray System used in healthcare industry iii) Fabrication works for locomotives and (iv) wire harness division for its captive consumption in electrical control panels and for supply to air compressor industry. The company’s in-house engineering and design capabilities help it to offer diversified products and solutions to its customers in each of the product categories in which it operates. The company’s comprehensive solutions include design, process engineering and manufacturing including fabrication, assembly and testing facilities. The hardware components are imported or sourced from local suppliers which are then programmed and assembled at its manufacturing facilities.
The company designs, program and assemble Electrical Control Panels and Cabinets comprising of micro controller, programmable logic controllers and SCADA system. These Electrical control panels are essential for industrial automation. They provide higher-level monitoring and control various functions of machines to define, organize, and meet production objectives. The end users for its products in this category include OEMs producing elevators, wind turbines, air compressors, oil & gas exploration equipment, electrical vehicle charging stations or diesel generators. These panels direct input and output of equipment in which they are installed like: monitoring directional movement of wind turbines, bi-lateral movement of elevators, set automatic load and unload of pressure in air compressors used in CNG petrol pumps, metal industry, forging industry, chemical industry, aviation industry and allied industries, vibration and temperature monitoring in oil and gas exploration equipment, for charging of EV batteries and alarming of DG sets.
Business area of the company
The company engaged is a diversified company engaged in manufacturing of: i) Electrical Control Panels and Cabinets used in elevators, air compressors, renewal energy industry, oil & gas exploration industry, electrical vehicle charging stations etc, ii) Medical X Ray System used in healthcare industry iii) Fabrication works for locomotives and (iv) wire harness division for its captive consumption in electrical control panels and for supply to air compressor industry.
Products of the company
History and milestones
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