Transteel Seating Technologies Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: TRANSTEEL | Household & Personal Products | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Transteel Seat Tech

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

Transteel Seating Technologies stock performance -

mw4me loader
P/E Ratio (SA):
16.45
Market Cap:
149.6 Cr.
52-wk low:
0
52-wk high:
0

Is Transteel Seating Technologies Ltd an attractive stock to invest in?

1. Is Transteel Seating Technologies Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Transteel Seating Technologies Ltd is a below average quality company.

2. Is Transteel Seating Technologies Ltd undervalued or overvalued?

The key valuation ratios of Transteel Seating Technologies Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Transteel Seating Technologies Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Transteel Seating Technologies Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Transteel Seat Tech:

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.
Transteel Seating Technologies Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23TTM
ROCE % 6.1%15.2%31%-
Value Creation
Index
-0.60.11.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 22.82859.559
Sales YoY Gr.-22.7%112.5%-
Adj EPS 0.22.96.94.5
YoY Gr.-1345%137%-
BVPS (₹) 8.611.518.343.1
Adj Net
Profit
0.11.69.29
Cash Flow from Ops. 1.96-4-
Debt/CF from Ops. 5.42.2-6.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA112.5%
Adj EPS NANANA137%
BVPSNANANA58.7%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23TTM
Return on
Equity %
2.328.759.714.7
Op. Profit
Mgn %
8.714.926.6NAN
Net Profit
Mgn %
0.55.715.415.3
Debt to
Equity
2.12.11.1-
Working Cap
Days
03313130
Cash Conv.
Cycle
048580

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 1.10

Return on Equity has declined versus last 3 years average to 14.70%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Transteel Seating Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 4.5 -
TTM Sales (₹ Cr.) 59.5 -
BVPS (₹.) 43.1 -
Reserves (₹ Cr.) 67 -
P/BV 1.72 -
PE 16.45 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 150
Equity (₹ Cr.) 20.2
Face Value (₹) 10
Industry PE 55.3

Management X-Ray of Transteel Seat Tech:

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Event Update

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Analyst's Notes

Key Ratios of Transteel Seat Tech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Sales232859
Operating Expenses 212444
Manufacturing Costs124
Material Costs101121
Employee Cost 4510
Other Costs 669
Operating Profit 2416
Operating Profit Margin (%) 8.1%14.9%26.5%
Other Income 000
Interest 113
Depreciation 111
Exceptional Items 000
Profit Before Tax 0213
Tax 013
Profit After Tax 029
PAT Margin (%) 0.0%5.7%15.3%
Adjusted EPS (₹)0.02.96.8
Dividend Payout Ratio (%)0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 5624
Share Capital 001
Reserves 4624
Minority Interest000
Debt91224
Long Term Debt2416
Short Term Debt888
Trade Payables81118
Others Liabilities 4617
Total Liabilities 253683

Fixed Assets

Gross Block778
Accumulated Depreciation234
Net Fixed Assets444
CWIP 000
Investments 006
Inventories121324
Trade Receivables2418
Cash Equivalents 111
Others Assets61429
Total Assets 253683

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Cash Flow From Operating Activity 26-4
PBT 0213
Adjustment 123
Changes in Working Capital 13-16
Tax Paid 0-1-3
Cash Flow From Investing Activity -5-8-16
Capex -10-1
Net Investments 00-6
Others -4-8-9
Cash Flow From Financing Activity 3220
Net Proceeds from Shares 009
Net Proceeds from Borrowing 1212
Interest Paid -1-1-2
Dividend Paid 000
Others 322
Net Cash Flow 000
PARTICULARSMar'21Mar'22Mar'23
Ratios
ROE (%)-0.1328.9159.17
ROCE (%)8.8221.3342.63
Asset Turnover Ratio0.90.911
PAT to CFO Conversion(x)N/A3-0.44
Working Capital Days
Receivable Days384369
Inventory Days190162114
Payable Days288303250

Transteel Seating Technologies Ltd Stock News

Transteel Seating Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Transteel Seat Tech 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 Transteel Seat Tech stood at ₹149.6.
The latest P/E ratio of Transteel Seat Tech as of 01-Jan-1970 05:30 is 16.45.
The latest P/B ratio of Transteel Seat Tech as of 01-Jan-1970 05:30 is 1.72.
The 52-week high of Transteel Seat Tech is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Transteel Seat Tech is ₹59.48 ( Cr.) .

About Transteel Seating Technologies Ltd

The company was originally incorporated on February 08, 1995 as a Private Limited Company as ‘Transteel Seating Technologies Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Karnataka, Bangalore. Later in the year 2022, pursuant to a Special Resolution of the company’s Shareholders passed in the Extra-Ordinary General Meeting held on November 04, 2022, the company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the company was changed to ‘Transteel Seating Technologies Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on April 19, 2023 by the Registrar of Companies, Bangalore. 

Transteel Seating Technologies is a known furniture provider with many years of corporate and B2B experience. The company has developed the skill and expertise in making chairs, office furniture and other residential and commercial furniture. Over the years it has continued to focus on what it do well i.e. craft performance oriented Tables and Chairs. Its furniture solutions are a mix of design, value, and ergonomics, which ensure that back stays in good shape, day after day. It has also developed the in house Technical & Design team to provide turnkey solution and implementation of interior and work space in Commercial, Residential and Educational Institutions. Its aim is to develop creative and innovative Designs in furniture space and to develop techniques to make all products as part of ‘Make in India’ initiative. The company’s proficiency lies in understanding the specific requirement of its potential customers and based on which it take the orders and it design according to the client’s requirements and deliver the final product. It provides wide assortment of products, such as Office Chairs and Office Furniture. Its professionals are devoted to develop a product range capable to gain a nationwide interest for its finish, designs, colour combinations, flawless detailing, quality and higher durability.

The company’s diversified product portfolio enables it to cater to a wide range of preferences and consumer segments. Its products are ready to use and provide space management and are primarily targeted to clients in Education, Healthcare, Hospitality, Banking, Insurance and Info Tech Companies. The company provides the right kind of furniture that is practical and affordable as well as attractive and enduring. It can be tailored as per unique needs. The company is using latest machineries and technology. The company keeps on upgrading its Manufacturing set-up, design capabilities and workmanship to deliver superior quality products with on-time deliveries and without any compromise on quality. With its digital-first approach, it has empowered customers to effortlessly transform their office spaces by selecting furniture that suits their requirements, style, and budget. Transteel has extensive product range with better quality, and a customer-centric approach. The company looks forward to serving more businesses and individuals with its exceptional furniture solutions as it forge ahead into the future.

The company has its manufacturing facility situated at No. 28, 4th Main, Industrial Suburb, Yeshwanthpur, Bangalore, Karnataka, India. The company outsources the mould of its products to the vendors for preparing them as per its requirements, these mould are then given to Injection moulding vendors to mould the part of the products. Once the parts are ready they are sourced to the factory where it has developed assembly lines to assemble each product. Also, some of the products are manufactured at its factory. The company has also expanded its presence in Mumbai, Chennai, Delhi NCR, Pune and Hyderabad. 

Business area of the company

The company, a leading producer of office furniture’s, provides a wide range of furniture to meet every need in a fully functional office or even at home. It provides a wide variety of furniture, including workstations, lounge chairs, meeting tables, office storage, office tables and office chairs. 

Major events and milestones

  • 1995: Incorporation of the Company.
  • 1995: Started Manufacturing Ergonomic Furniture to cater to the needs of the Indian IT companies that were being setup in and around Bangalore.
  • 1997: Moved to larger factory to address the growing demands of the IT Sector.
  • 2001: Acquired orders from Infosys, ITC, Bosh as corporate accounts. Expanded to Chennai to diversify clientele in 2001.
  • 2006-2017: Acquired more corporate accounts like IBM, Sony, SBI etc. and executed work on a Pan India basis.
  • 2018: Moved to a built to suite 2.5-acre 50,000 sq. ft. fully integrated manufacturing facility.
  • 2019: Digital first Direct to Consumer pivot in response to Covid 2019.
  • 2020: Opened Mumbai Branch.
  • 2022: Conversion of Company from Private Limited to Public Limited Company.


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