Holmarc Opto-Mechatronics Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: HOLMARC | Medical Equipment/Supplies/Accessories | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Holmarc Opto-Mech

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

1. Quality

2. Valuation

Undervalued

3. Price Trend

Holmarc Opto-Mechatronics stock performance -

mw4me loader
P/E Ratio (SA):
30.21
Market Cap:
107.6 Cr.
52-wk low:
0
52-wk high:
0

Is Holmarc Opto-Mechatronics Ltd an attractive stock to invest in?

1. Is Holmarc Opto-Mechatronics Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Holmarc Opto-Mechatronics Ltd is a below average quality company.

2. Is Holmarc Opto-Mechatronics Ltd undervalued or overvalued?

The key valuation ratios of Holmarc Opto-Mechatronics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Holmarc Opto-Mechatronics Ltd a good buy now?

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

10 Year X-Ray of Holmarc Opto-Mech:

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.
Holmarc Opto-Mechatronics 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 % 9.6%18.4%32.7%-
Value Creation
Index
-0.30.31.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15.5212929
Sales YoY Gr.-35.4%38.2%-
Adj EPS 12.253.5
YoY Gr.-124.7%128%-
BVPS (₹) 9.611.416.122.9
Adj Net
Profit
0.71.63.64
Cash Flow from Ops. 0.42.62.1-
Debt/CF from Ops. 40.80.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA38.2%
Adj EPS NANANA128%
BVPSNANANA40.8%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23TTM
Return on
Equity %
10.120.836.118.2
Op. Profit
Mgn %
9.81417.6NAN
Net Profit
Mgn %
4.57.512.312.3
Debt to
Equity
0.20.30.1-
Working Cap
Days
0115960
Cash Conv.
Cycle
099850

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 18.20%

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 - Holmarc Opto-Mechatronics Ltd.

Standalone Consolidated
TTM EPS (₹) 3.5 -
TTM Sales (₹ Cr.) 29 -
BVPS (₹.) 22.9 -
Reserves (₹ Cr.) 13 -
P/BV 4.68 -
PE 30.21 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 108
Equity (₹ Cr.) 10.1
Face Value (₹) 10
Industry PE 60.7

Management X-Ray of Holmarc Opto-Mech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Holmarc Opto-Mech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Sales162129
Operating Expenses 141824
Manufacturing Costs112
Material Costs357
Employee Cost 7911
Other Costs 334
Operating Profit 235
Operating Profit Margin (%) 9.7%13.9%17.5%
Other Income 000
Interest 000
Depreciation 111
Exceptional Items 001
Profit Before Tax 125
Tax 011
Profit After Tax 124
PAT Margin (%) 4.4%7.4%12.3%
Adjusted EPS (₹)1.02.25.0
Dividend Payout Ratio (%)29%13%6%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 7812
Share Capital 007
Reserves 784
Minority Interest000
Debt121
Long Term Debt011
Short Term Debt100
Trade Payables000
Others Liabilities 343
Total Liabilities 121416

Fixed Assets

Gross Block81011
Accumulated Depreciation456
Net Fixed Assets455
CWIP 000
Investments 000
Inventories122
Trade Receivables556
Cash Equivalents 122
Others Assets100
Total Assets 121416

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Cash Flow From Operating Activity 032
PBT 125
Adjustment 110
Changes in Working Capital -10-2
Tax Paid 0-1-1
Cash Flow From Investing Activity -1-20
Capex 0-20
Net Investments 000
Others 000
Cash Flow From Financing Activity 00-1
Net Proceeds from Shares 000
Net Proceeds from Borrowing 010
Interest Paid 000
Dividend Paid 000
Others 0-10
Net Cash Flow 011
PARTICULARSMar'21Mar'22Mar'23
Ratios
ROE (%)9.9920.5235.91
ROCE (%)13.425.8544.11
Asset Turnover Ratio1.321.631.93
PAT to CFO Conversion(x)01.50.5
Working Capital Days
Receivable Days1198467
Inventory Days242323
Payable Days432317

Holmarc Opto-Mechatronics Ltd Stock News

Holmarc Opto-Mechatronics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Holmarc Opto-Mech 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 Holmarc Opto-Mech stood at ₹107.6.
The latest P/E ratio of Holmarc Opto-Mech as of 01-Jan-1970 05:30 is 30.21.
The latest P/B ratio of Holmarc Opto-Mech as of 01-Jan-1970 05:30 is 4.68.
The 52-week high of Holmarc Opto-Mech is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Holmarc Opto-Mech is ₹29.04 ( Cr.) .

About Holmarc Opto-Mechatronics Ltd

Holmarc Opto-Mechatronics was originally incorporated as Private Limited Company in the name of ‘Holmarc Slides and Controls Private Limited’ on February 11, 1993 under the provision of the Companies Act, 1956 issued by Registrar of Companies, Kerala. Subsequently, the name of the company was changed to ‘Holmarc OptoMechatronics Private Limited’ vide a fresh Certificate of Incorporation Consequent upon Change of Name dated May 01, 2007, issued by Registrar of Companies, Kerala and Lakshadweep. Subsequently, the company was converted into Public Limited Company under the Companies Act, 2013 and the name of the company was changed to ‘Holmarc Opto-Mechatronics Limited’ vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated December 11, 2021.

Holmarc Opto-Mechatronics is engaged in the manufacture of scientific and engineering instruments for research, industry and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc. Its manufacturing facility situated at, Ernakulam, Kerala is equipped with latest machineries, equipment and instruments which is capable to manufacture diverse products. With state-of-the-art machines, equipment and instruments, Holmarc’s technicians and engineers bring out quality products, each distinct and best in its kind. All its departments, be it optics design, optics manufacturing, mechanics design, electronics R&D or software development are all manned by experienced professionals in the respective disciplines. 

The company is unique in its approach to providing after sales service. It gives maintenance and modification support for all its products as long as its customer needs it irrespective of warranty or year of purchase. It do not make any of its products obsolete, rather encourage its users to modify and use as long as it is technically possible. The company is an ISO 9001:2015 certified company for designing, developing and manufacturing scientific instruments and devices for Industries, Research and Educational Institutes. It has successfully implemented quality management system as per industry standard. The goal of the company is to design, manufacture and service quality products that consistently meet its customer's requirement and needs.

Business area of the company

The company is engaged in the manufacture of scientific and engineering instruments for research, industry and education.

Products of the company 

  • Imaging instruments
  • Measuring instruments
  • Spectroscopy
  • Analytical instruments
  • Lab equipment
  • Physical lab equipment
  • Breadboard/table tops Optics
  • Opto-Mechanics Linear and rotation stages
  • Motorized linear and rotation stages
  • Industrial automation

History and milestones 

  • 1993: Company incorporated as a Private Limited Company in the name of ‘Holmarc Slides and Controls Private Limited’.
  • 2006: Company purchased 10.0625 cents of land at HMT Industrial Estate along with Shed from Government of Kerala on Hire Purchase basis to set up its own manufacturing facility.
  • 2007: Company purchased additional 13 cents of land at HMT Industrial Estate from Government of Kerala on Hire Purchase basis.
  • 2007: The name of the company changed to ‘Holmarc Opto-Mechatronics Private Limited
  • 2011: Company purchased additional 7 cents of land at HMT Industrial Estate from Government of Kerala on Hire Purchase basis.
  • 2011: Executed Technical Tie-ups agreement with a premier Research Institution, wherein the said Institution will share its technical data and knowhow to Holmarc for manufacturing ‘Fluorescence Correlation Spectroscopy Apparatus’ developed by said Institution and sell the same in India and abroad.
  • 2014: Executed Technical Tie-ups agreement with a premier Government Research Institution, wherein the said Institution will share its technical data and knowhow to Holmarc for manufacturing ‘Dual Polarisation LIDAR’ developed by said Institution and sell the same in India and abroad.
  • 2021: Company converted from Private Limited Company to Public Limited Company i.e. ‘Holmarc Opto-Mechatronics Limited’.
  • 2023: Executed License agreement with a premier Research Institution, for end market commercialization of the products developed by said Institution such as ‘Universal Measuring Machine’ in the initial.

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