Metal Coatings (India) Ltd Stock Analysis

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

BSE Share Price 07-Feb-2023 16:23
91.00 1.15 (1.28%)

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Metal Coatings (I) Price Chart

P/E Ratio ( SA) :
26.72
Market Cap :
65.8 Cr.
52-wk low :
37
52-wk high :
113
Bole Toh?

1. Is Metal Coatings (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Metal Coatings (India) Ltd is a below average quality company.

2. Is Metal Coatings (India) Ltd undervalued or overvalued?

The key valuation ratios of Metal Coatings (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Metal Coatings (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Metal Coatings (India) 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 Metal Coatings (I):

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.
Metal Coatings (India) 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8.5%8.5%7.7%6.3%7.9%6.8%10%8.5%6.7%6.8%-
Value Creation Index -0.4-0.4-0.5-0.6-0.4-0.5-0.3-0.4-0.5-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10110911491.597.911015412094.1142173
YoY Gr. Rt. %-8.2%4.5%-19.9%7%12.8%39.5%-22%-21.7%51.2%-
Adj EPS 1.92.51.92.12.72.74.23.83.33.83.4
YoY Gr. Rt. %-29.8%-22.6%7.8%28.5%3%53.7%-9.3%-13.4%15.4%-
BVPS (₹) 27.628.929.630.532.833.936.539.64346.447.7
Adj Net Profit 1.41.81.41.5223.12.82.42.82
Cash Flow from Ops. 0.103.8-0.83.91.42.58.3-4.6-5.6-
Debt/CF from Ops. 227.2-2711.23.5-22.22.76.830.5-2.1-1.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.9%7.8%-2.6%51.2%
Adj EPS 8%7.5%-3.2%15.4%
BVPS 5.97.28.47.9
Share Price 15.8% 16.7% 53.8% 110.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 7.98.86.66.98.48.2121088.57.2
Op. Profit Mgn % 4.34.13.94.34.63.62.83.13.42.21.5
Net Profit Mgn % 1.41.71.21.721.822.32.621.4
Debt to Equity 0.70.80.60.80.40.40.30.10.30.30
Working Cap Days 818180103105104799412310284
Cash Conv. Cycle 767776979810076901179274

Recent Performance Summary

Sales growth is good in last 4 quarters at 40.69%

Return on Equity has declined versus last 3 years average to 7.10%

Sales growth has been subdued in last 3 years -2.62%

Net Profit has been subdued in last 3 years -3.19%

Latest Financials - Metal Coatings (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 3.4 -
TTM Sales (₹ Cr.) 173 -
BVPS (₹.) 47.7 -
Reserves (₹ Cr.) 28 -
P/BV 1.88 -
PE 26.72 -
From the Market
52 Week Low / High (₹) 36.95 / 112.95
All Time Low / High (₹) 2.00 / 112.95
Market Cap (₹ Cr.) 65.8
Equity (₹ Cr.) 7.3
Face Value (₹) 10
Industry PE 11.8

Management X-Ray of Metal Coatings (I) :

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

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Analyst's Notes

Key Ratios of Metal Coatings (I)

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Metal Coatings (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Metal Coatings (I) on 07-Feb-2023 16:23 is : 91.00.
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 07-Feb-2023 16:23 the market cap of Metal Coatings (I) stood at ₹ 65.83.
The latest PE ratio of Metal Coatings (I) as of 07-Feb-2023 16:23 is 26.72.
The latest PB ratio of Metal Coatings (I) as of 07-Feb-2023 16:23 is 1.88
The 52-week high of Metal Coatings (I) is ₹ 113.0 and the 52-week low is ₹ 36.95.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Metal Coatings (I) is ₹ 173.0 ( Cr.) .

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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