1. Is ISMT Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that ISMT Ltd is a average quality company.
2. Is ISMT Ltd undervalued or overvalued?
The key valuation ratios of ISMT Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is ISMT Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of ISMT Ltd is likely to Rise-somewhat 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.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||3.3%||-1.5%||-2.4%||-7.9%||-4.8%||-3%||-1.5%||-4.3%||-19.7%||49.4%||-|
|Value Creation Index ⓘ||-0.8||-1.1||-1.2||NA||NA||NA||NA||NA||NA||NA||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-1.9%||-3.6%||-34.1%||17.2%||28.2%||22.5%||-28.5%||-5.3%||74.3%||-|
|Adj EPS ⓘ||-3.4||-10.6||-14.3||-23.9||-19.1||-16.7||-14.8||-16.7||-24.2||18.5||81|
|YoY Gr. Rt. %||-||NA||NA||NA||NA||NA||NA||NA||NA||NA||-|
|BVPS (₹) ⓘ||33.4||20.8||4.7||-18.4||-37.9||-54.1||-69.6||-85.8||-109.4||40.9||41.6|
|Adj Net Profit ⓘ||-49.5||-155||-209||-351||-280||-244||-216||-245||-355||556||2,435|
|Cash Flow from Ops. ⓘ||131||79.1||68||-275||-92.5||32||42.4||118||35.5||101||-|
|Debt/CF from Ops. ⓘ||9.6||19.1||24.3||-7.5||-23.5||68.4||51.5||18||58.8||2||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||NA||NA||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||-9.2||-39||-71.8||-326.1||135.4||52||30.7||26||28.7||32734.1||196.4|
|Op. Profit Mgn % ⓘ||10||5.6||2.3||1.2||3.7||5.1||6.2||6.1||-1.5||2.9||3.2|
|Net Profit Mgn % ⓘ||-3.1||-9.9||-13.9||-35.4||-24.1||-16.4||-11.8||-18.8||-28.7||25.9||107.5|
|Debt to Equity ⓘ||2.6||5||23.9||-7.6||-3.9||-2.8||-2.1||-1.7||-1.3||0.2||-|
|Working Cap Days ⓘ||170||162||164||241||229||178||126||159||161||86||0|
|Cash Conv. Cycle ⓘ||79||67||65||100||94||76||66||102||97||47||0|
Sales growth is good in last 4 quarters at 46.41%
Return on Equity has declined versus last 3 years average to 196.40%
Sales growth has been subdued in last 3 years 5.65%
Net Profit has been subdued in last 3 years 0.00%
|TTM EPS (₹)||81||81.5|
|TTM Sales (₹ Cr.)||2,265||2,276|
|BVPS (₹.) ⓘ||41.6||40.5|
|Reserves (₹ Cr.) ⓘ||1,101||1,066|
|From the Market|
|52 Week Low / High (₹)||22.85 / 74.35|
|All Time Low / High (₹)||2.00 / 140.00|
|Market Cap (₹ Cr.)||1,621|
|Equity (₹ Cr.)||150.3|
|Face Value (₹)||5|
|Industry PE ⓘ||7.1|
The Indian Seamless Metal Tubes Limited (ISMT) was promoted in 1977 by a group of technocrats to produce specialized seamless tubes in India. Beginning with an installed capacity of 15,000 metric tons per annum, ISMT commenced production in 1980 with the installation and commissioning of an Assel mill in technical collaboration with Mannesman Demag Meer of Germany.
Subsequently, in 1990 the production capacity was raised to 50,000 metric tons per annum with the addition of a second Assel Mill. In 1995, the Indian Seamless Metal Tubes Limited promoted another company, Indian Seamless Steels and Alloys Ltd. (ISSAL), to produce alloy Steel, the raw material used in the manufacture of seamless tubes, giving ISMT better control over product quality as well as deliveries.
Business area of the company
ISMT is predominantly engaged in the manufacturing of specialty alloy and bearing Steel. The end user segments are largely Bearing, Automotive, Engineering and Forging Customers apart from some customers requiring steel for specialized application. The fortunes of the specialty and alloy steel products is closely linked to automotive and auto component industry.