Metal Coatings (India) Ltd Stock Analysis

BSE: 531810 | NSE: | Steel & Iron Products | Small Cap

BSE Share Price Jan 17, 18:01
55.95 -0.45 (-0.80%)

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10 Year X-Ray:

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 11.4%8.5%8.5%7.7%6.3%7.9%6.8%10%8.5%6.7%-
Value Creation Index -0.2-0.4-0.4-0.5-0.6-0.4-0.5-0.3-0.4-0.5-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 96.710110911491.597.911015412094.1126
YoY Gr. Rt. %-4.6%8.2%4.5%-19.9%7%12.8%39.5%-22%-21.7%-
Adj EPS 2.81.92.51.92.12.72.74.23.83.35.2
YoY Gr. Rt. %--31.5%29.8%-22.6%7.8%28.5%3%53.7%-9.3%-13.4%-
BVPS (₹) 24.227.628.929.630.532.833.936.539.64345
Adj Net Profit 1.41.41.81.41.5223.12.82.44
Cash Flow from Ops. 1.50.103.8-0.83.91.42.58.3-4-
Debt/CF from Ops. 9.2227.2-2711.23.5-22.22.76.830.5-2.4-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -0.3%0.6%-5.2%-21.7%
Adj EPS 1.9%9.8%6.5%-13.4%
BVPS 6.67.18.28.6
Share Price 13% -1.6% 25.4% 92.9%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 127.98.86.66.98.48.21210811.7
Op. Profit Mgn % 4.44.34.13.94.34.63.62.83.13.44
Net Profit Mgn % 1.51.41.71.21.721.822.32.63
Debt to Equity 1.10.70.80.60.80.40.40.30.10.30
Working Cap Days 66818180103105104799412399
Cash Conv. Cycle 627677769798100769011782

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.70%

Sales growth is good in last 4 quarters at 161.37%

Sales growth has been subdued in last 3 years -5.20%

Net Profit has been subdued in last 3 years 6.50%

Latest Financials - Metal Coatings (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 5.2 -
TTM Sales (₹ Cr.) 126 -
BVPS (₹.) 45 -
Reserves (₹ Cr.) 26 -
P/BV 1.24 -
PE 10.84 -
From the Market
52 Week Low / High (₹) 23.05 / 59.90
All Time Low / High (₹) 2.00 / 62.60
Market Cap (₹ Cr.) 41
Equity (₹ Cr.) 7.3
Face Value (₹) 10
Industry PE 7.5

Management X-Ray:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Metal Coatings (India) Ltd

Metal Coatings (India) was incorporated on December 12, 1994 to take over the assets of a profit-making partnership firm set up in 1988 with the same name. The company has been promoted by R C Khandelwal, R S Khandelwal and V P Khandelwal.

Cold-rolled steel strips, hot-rolled pickled & oiled coils and strips, cold-rolled flat wire strips, and galvanized wires and strips are manufactured by the company, which find application in the auto components, power transmission equipment, white goods, defence equipment, electrical equipment and other industrial sectors. Manufacturing facilities are located in the Faridabad district of Haryana with installed capacities of 17,000 MTPA cold-rolled strips and 3,500 MTPA galvanized iron wires and strips.

The company now envisages enhancing its capacity to 13200 MT through an expansion-cum-backward integration scheme spread over the existing and new site at Plot No. 113, HSIDC Industrial Estate, Sector 59, Faridabad. In order to meet its requirement of CRCA strips, MCIL is installing a CR Mill of 13000 TPA, CR slitting unit of 12300 TPA and other balancing equipments. After the implementation of the project, the entire requirement of CRCA strips would be met from in-house. 

The registered office of the company is located at A-178/12A, Ground Floor, Dayanand Colony, Lajpat Nagar-IV, New Delhi-110024.

Business area of the company

The company is engaged in the manufacture and sale of different types of steel coils and strips.

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