Facor Steels Ltd - Stock Valuation and Financial Performance

BSE: 532657 | NSE: | Steel & Iron Products | Small Cap

BSE Share Price
Not Listed

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Facor Steels stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
5.6 Cr.
52-wk low:
0.3
52-wk high:
0.3

Is Facor Steels Ltd. an attractive stock to invest in?

1. Is Facor Steels Ltd. a good quality company?

Data is not available for this company.

2. Is Facor Steels Ltd. undervalued or overvalued?

No data found

3. Is Facor Steels Ltd. a good buy now?

No data found

10 Year X-Ray of Facor Steels:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 18.1%11.8%1.8%-2.2%1.7%-2.7%-18.6%-25.7%-30.9%-25.9%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 42147336622027731424865.929.61.50
Sales YoY Gr.-12.4%-22.6%-39.8%25.6%13.6%-21%-73.4%-55.1%-94.9%-
Adj EPS 0.30.1-0.3-0.4-0.2-0.4-1.2-1.3-1.2-0.7-0.5
YoY Gr.--50%-300%NANANANANANANA-
BVPS (₹) 11.210.60.50-1.2-2.5-3.2-3.9-4.2
Adj Net
Profit
5.42.8-5.3-7.3-3.5-8-24.2-27.8-25.4-14.3-11
Cash Flow from Ops. -1.2-2.91.218.2-0.97.7-10.2-8.22.31.2-
Debt/CF from Ops. -27.4-20.563.83.9-76.68.8-8.2-12.13669.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -46.5%-64.8%-81.8%-94.9%
Adj EPS -211.5%NANANA
BVPS-215.7%-253%NANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on
Equity %
26.511.5-23.6-44.3-18.8-31.9-140.451697.936.113
Op. Profit
Mgn %
2.31.11.1-2.63.81.5-5.5-22.1-64.1-423.3-752.5
Net Profit
Mgn %
1.30.6-1.4-3.3-1.3-2.6-9.8-42.1-85.6-949.7-2684.5
Debt to
Equity
1.52.445.42.92.69.7-5.1-2.5-1.8-
Working Cap
Days
80931121561281251163195203,9203,486
Cash Conv.
Cycle
10142742171518107682,137-10,568

Recent Performance Summary

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 %

Latest Financials - Facor Steels Ltd.

Standalone Consolidated
TTM EPS (₹) -0.5 -
TTM Sales (₹ Cr.) 0.4 -
BVPS (₹.) -4.2 -
Reserves (₹ Cr.) -107 -
P/BV -0.06 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.27 / 0.27
All Time Low / High (₹) 0.25 / 29.00
Market Cap (₹ Cr.) 5.6
Equity (₹ Cr.) 20.7
Face Value (₹) 1
Industry PE 26.8

Management X-Ray of Facor Steels:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *99.9899.9899.9899.9899.9899.9899.9899.9899.9899.98
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Facor Steels

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Sales420.86473.09366.26220.34276.64314.21248.2665.9329.611.50
Operating Expenses 410.99468.14362.24226.11266.39310.33262.9380.9048.867.86
Manufacturing Costs73.3777.6074.8063.3982.9177.8955.4230.059.763.06
Material Costs324.94372.22271.09141.24165.62203.51181.8035.7529.391.20
Employee Cost 2.903.7612.8612.5515.0116.7615.0510.875.593.03
Other Costs 9.7814.573.488.932.8512.1710.664.244.120.57
Operating Profit 9.874.954.02-5.7710.243.87-14.68-14.98-19.25-6.36
Operating Profit Margin (%) 2.3%1.0%1.1%-2.6%3.7%1.2%-5.9%-22.7%-65.0%-423.0%
Other Income 5.519.585.3611.341.630.770.510.440.830.39
Interest 5.707.859.887.467.227.8710.018.147.814.10
Depreciation 3.183.293.713.975.485.435.495.374.694.19
Exceptional Items 0000000018.420
Profit Before Tax 6.503.39-4.21-5.87-0.83-8.66-29.66-28.05-12.51-14.26
Tax 1.100.631.070.732.710-4.66000
Profit After Tax 5.402.77-5.27-6.59-3.54-8.67-25.01-28.05-12.51-14.26
PAT Margin (%) 1.3%0.6%-1.4%-3.0%-1.3%-2.8%-10.1%-42.5%-42.3%-949.0%
Adjusted EPS (₹)0.30.1-0.3-0.3-0.2-0.4-1.2-1.4-0.6-0.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16

Equity and Liabilities

Shareholders Fund 23.0724.9519.6713.0824.5425.878.65-19.40-32.42-46.68
Share Capital 22.1620.6520.6520.6535.6545.6553.4353.4353.4353.43
Reserves 0.914.30-0.98-7.57-11.11-19.78-44.79-72.83-85.85-100.11
Minority Interest0000000000
Debt33.6458.5279.3270.4069.9864.6284.1698.3777.1377.90
Long Term Debt33.6458.5279.3270.4032.8328.4252.2367.4140.4960.22
Short Term Debt000037.1436.2031.9330.9736.6417.68
Trade Payables75.7593.5553.1776.2074.9883.7725.4046.6117.4517.47
Others Liabilities 3.793.786.108.8712.9512.652.498.328.7211.87
Total Liabilities 136.25180.80158.27168.55182.45186.91120.70133.9070.8960.56

Fixed Assets

Gross Block55.7758.3568.0473.71104.06107.54107.96110.44111.07111.07
Accumulated Depreciation28.4231.5035.1839.1444.4449.8654.5759.896569.17
Net Fixed Assets27.3626.8532.8634.5759.6257.6853.3950.5546.0741.90
CWIP 0.8011.4825.2430.630.420.0800.1000
Investments 004.404.404.404.404.404.403.343.34
Inventories63.5985.3358.8852.6370.6978.4431.3345.5410.437.84
Trade Receivables19.2423.9019.4731.4227.2125.1910.8912.444.063.01
Cash Equivalents 1.579.023.972.523.794.058.906.170.330
Others Assets23.7024.2413.4512.3716.3117.0711.7814.706.664.48
Total Assets 136.25180.80158.27168.55182.45186.91120.70133.9070.8960.56

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Cash Flow From Operating Activity -1.23-2.851.2418.16-0.937.65-10.21-8.152.281.22
PBT 6.503.39-4.21-5.87-0.83-8.66-29.66-28.05-12.51-14.26
Adjustment 8.7611.2413.4110.3512.5213.8916.2913.56-5.948.29
Changes in Working Capital -9.82-9.231.820.46-12.892.13.176.3420.737.19
Tax Paid -0.90-0.54-0.4600.260.33-0.01000
Cash Flow From Investing Activity -2.33-13.33-27.72-10.94-0.33-2.88-0.82-2.160.30-0.02
Capex -2.45-13.47-23.50-11.08-0.44-3.14-1.12-2.63-0.89-0.02
Net Investments 00-4.40000001.060
Others 0.120.130.180.140.100.270.300.460.130
Cash Flow From Financing Activity 3.9823.6321.43-8.670.71-4.1016.225.62-4.31-1.40
Net Proceeds from Shares 0-0.890015107.78000
Net Proceeds from Borrowing 3.9924.7421.43-9.61-6.0400000
Interest Paid 0000-8.35-7.90-10.24-6.43-7.81-4.10
Dividend Paid 0000000000
Others 0-0.2200.940.10-6.2018.6812.053.502.71
Net Cash Flow 0.437.45-5.04-1.44-0.550.685.19-4.69-1.73-0.19
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Ratios
ROE (%)28.6111.9-23.64-40.27-31.3-166.410N/AN/AN/A
ROCE (%)23.4616.036.221.757.14-0.84-21.15N/AN/AN/A
Asset Turnover Ratio3.452.982.161.351.711.861.780.570.320.03
PAT to CFO Conversion(x)-0.23-1.03N/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days141722423628245992760
Inventory Days495772927579731933101,963
Payable Days6775881451561421103683985,321

Facor Steels Ltd Stock News

Facor Steels Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Facor Steels 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 Facor Steels stood at ₹5.58.
The latest P/E ratio of Facor Steels as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Facor Steels as of 01-Jan-1970 05:30 is -0.06.
The 52-week high of Facor Steels is ₹0.27 and the 52-week low is ₹0.27.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Facor Steels is ₹0.40 ( Cr.) .

About Facor Steels Ltd

Facor Steels Limited is part of FACOR group owned by the Saraf family. FACOR took over the mini-steel plant located at Nagpur in the year 1978 for manufacture of carbon, alloy, stainless and other special steels as FACOR Steel Division that is now known as Facor Steels ltd.

The company is a leading carbon, alloy, stainless and special steel manufacturer in central India with varied and broad product range, having the most modern state-of-the-art steel processing and quality assurance technologies.

It began its operations with ferro manganese production and slowly diversified into the production of ferro chrome and charge chrome. As a major step towards forward integration, it took over a mini stainless steel plant in 1978 for manufacturing carbon, alloy, special and stainless steels as FACOR (Steel Division). Thereafter, through innovative and sophisticated technological developments, it has been able to develop and manufacture critical grades of alloy and stainless steel to meet stringent requirements of customers both in India and abroad. Erstwhile FACOR (Steel Division) is now known as Facor Steels ltd, an independent company and is now a leading alloy steel producer in the country and has been successful in exporting stainless and special stainless steel products all over the world with a focus on developed countries, apart from catering to critical requirements of automobile, railways, defence, chemical, heavy machinery and engineering sectors in the domestic market.

It has established updated and modernized manufacturing facilities for achieving consistency of product quality to ensure full customer satisfaction both in domestic and international markets. Its products are well accepted all over the globe and always looking for the implementation of new technique whether it is technical or work environment. The Stainless steel and other specialty critical grade products cater to the most stringent requirements of automobiles, railways, defence and engineering sectors in India as well as the global markets in developed countries.Industries being catered by FACOR today are

  • Automobile & auto component industry
  • Boilers
  • Construction
  • Engineering components
  • Fasteners industry
  • Forging
  • Petrochemical
  • Railway Springs
  • Surgical equipment indusry
  • Tool industry
  • Valve industry

It also supplies special steel for critical applications like Aerospace, pressure equipments etc. and had successfully developed over 500 steel grades in its plant over period of time.

To cater the growing demand from auto sector and heavy engineering sector for forged rounds, Facor Steel Limited had set up a modern forging unit at its existing plant and which came into commercial production by 31st Oct, 2008. The company with its enhanced capacity of ingot production and capability to provide higher diameter forged rounds is currently pursuing the global and domestic opportunities in non-auto sectors like sugar mills, cement plants, and heavy machinery units. There is a huge supply-demand gap in this sector and Facor Steel Limited is rightly poised to cater to this segment.

Product range of the company includes:

Stainless Steel, Alloy Steel, Valve Steel, Free Cutting Steel, Semi Free Cutting Steel, Silico Manganese Steel, Carbon Manganese Steel and Carbon Steel etc.

Apart from the rolled bars, it also manufactures bright bars, in peeled, ground and drawn condition for domestic and export markets, in carbon, alloy and stainless steel grades. Profiles such as hexagons; angles; flats; trapezium and squares in stainless steels are also produced.

Awards/ Achievements

  • Facor Steels Ltd. has accreditation of IRQS and awarded ISO/TS 16949:2002 certification in 2008.
  • It first achieved ISO certifiation in 1994 and ISO 9001:2000 in 2004.
  • TUV NORD the international certification agency has recognized it as manufacturer according to AD 2000- Merkblatt w0. Also approved for Quality System according to pressure Equipment Directive 97/23/EC for Stainless steel, Alloy Steel, Ingots, Rolled products and Bright bars as per the annexure.
  • The company has received approvals from various customers like, Ministry of Defence, Government of India, Hindustan Motors Limited, Delphi TVS, L&T-John Deere Limited, Mahindra & Mahindra Limited, Indian Piston Limited, GKN Axles, United Kingdom and many more.
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