Arcotech Ltd Stock Analysis

BSE: 532914 | NSE: ARCOTECH | Metal - Non Ferrous | Small Cap

BSE Share Price Aug 30, 18:01
2.34 0.00 (0.00%)

DeciZen - Make an Informed Decision on Arcotech

M-Cap below 100cr DeciZen not available

FAQs

1. Is Arcotech Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Arcotech Ltd is a average quality company.

2. Is Arcotech Ltd undervalued or overvalued?

The key valuation ratios of Arcotech Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Arcotech Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Arcotech Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Arcotech:

Analysis of Financial Track Record

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.
Arcotech Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 19.7%18.3%20%17%14.6%13.5%9.8%-8.4%-8.6%-1.7%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 25336962565672873476445275.552.473
YoY Gr. Rt. %-46%69.3%4.9%11%0.8%4.1%-40.8%-83.3%-30.6%-
Adj EPS 1.82.33.23.23.52.60.4-8.8-5.6-2.6-2.8
YoY Gr. Rt. %-29.9%37%1.9%8.1%-25.1%-86.2%-2547.2%NANA-
BVPS (₹) 7.71012.915.91921.621.612.97.34.74.1
Adj Net Profit 17.72333.133.736.427.33.8-92.5-59.1-27-29
Cash Flow from Ops. 22.32126.241.2-2.647.856.1-94.537.51.6-
Debt/CF from Ops. 3.66.78.25-122.86.36.2-4.811.9293-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -16.1%-40.9%-59.1%-30.6%
Adj EPS -204.2%-194.2%-292.6%NA
BVPS -5.2-24.3-39.7-34.7
Share Price -8.8% -49.5% -17.3% 90.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 2625.327.522.319.912.81.7-47.7-43.7-28.1-62.5
Op. Profit Mgn % 15.713.914.514.213.514.310.4-14.9-88.2-7.2-27.6
Net Profit Mgn % 76.25.35.153.70.5-20.5-78.2-51.5-39.6
Debt to Equity 11.41.61.21.61.31.52.84.15.6-
Working Cap Days 1761801591862032402644312,1402,6970
Cash Conv. Cycle 1071091001181211381593161,6822,0720

Recent Performance Summary

Sales growth is good in last 4 quarters at 472.35%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -59.07%

Debt to equity has increased versus last 3 years average to 5.60

Latest Financials - Arcotech Ltd.

Standalone Consolidated
TTM EPS (₹) -2.8 -
TTM Sales (₹ Cr.) 73 -
BVPS (₹.) 4.1 -
Reserves (₹ Cr.) 22 -
P/BV 0.58 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 1.17 / 2.34
All Time Low / High (₹) 0.20 / 162.29
Market Cap (₹ Cr.) 24.6
Equity (₹ Cr.) 21
Face Value (₹) 2
Industry PE 11.1

Management X-Ray of Arcotech :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *67.6245.6545.6545.6545.6545.6545.6545.6545.6545.65
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Arcotech Ltd

Arcotech has been promoted by Arvind K Saraf in 1981 for manufacturing internationally acceptable quality of copper and brass strips and foils. The organization is managed by a team of highly qualified and experienced professionals from the non ferrous industry and has moreover, established itself as one of the leading manufacturers of copper/brass strips and foils in the country by creating a niche for itself by producing micro thin foils up to 0.04 mm with close tolerance. The company has now expanded and increased its product range to include other non ferrous alloys like phosphor bronze, nickel silver, cupro nickel, aluminium bronze, tin bearing copper and silver bearing copper, etc. These are produced in the form of semis like ingots, strips, sheets, plates, foils, bus bars, etc. Moreover, the company plans to broaden the already wide range of products to include products like tubes, coin blanks, rods and wires.

In order to develop its existing facilities and to make best use of the technological advances of recent years, the company has relocated itself to its modern factory premises at Bawal, Haryana. Arcotech also continually invests in human resources and machinery to further facilitate the company’s vision.

The company has a rigorous quality control system with a state of art laboratory to achieve precise dimensions with close tolerances.

Industrial Growth Centre, Bawal is conveniently located on the National Highway No. 8 and is only 60 km from the Indira Gandhi International Airport at New Delhi. Industrial Growth Centre, Bawal is earmarked for large and strategic industries and is a showcase for the Haryana government. Leading automobile companies like Maruti Suzuki, Honda Motors, and Hero Honda, together with their ancillary units, are in close proximity.

Arcotech Ltd is the lead company of the Arcotech Group, which aims at creating a benchmarked, professional venture fostering learning and continuous growth in every aspect of its presence. Arcotech Info Pvt Ltd, a group company, is an information technology and services company. It offers effective evaluation, implementation, integration and support of Automatic Identification & Data Capture (AIDC) technologies and biometrics. It is focused on delivery of solutions to the government, healthcare industry and banking sector. Medsave Healthcare (TPA) Ltd, a joint venture with Medsave USA, is a third party administrator for medical insurance and provides healthcare services. The company has a nationwide presence with more than 30 branches across India.

Products

  • ETP Grade Copper
  • DHP Grade Copper
  • Tin Bearing Copper
  • Silver Bearing Copper
  • Brass 90/10 - Cu Zn 10
  • Brass 70/30 - Cu Zn 30
  • Brass 63/37 - Cu Zn 37
  • Brass 60/40 -Cu Zn 40
  • Leaded Brass
  • Nickel silver
  • Phosphor bronze
  • Cupro-nickel
  • Aluminium bronze

Certification/ Recognition

  • ISO 9001:2000 certifications
  • ISO 14001: 2004 certifications
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