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Trident Tools Ltd. Stock Analysis

Small Cap
Evaluated by 56 users | BSE: 531972 | NSE: |
Engineering - Industrial Equipments
Trident Tools, earlier known as Magicut Tools was set up in 1982 with the main objective of manufacturing quality cutting tools such as tool bits, hacksaw and bandsaw blades. The company has since has gradually evolved into manufacturing a wide range of hand tools and power tool accessories,...

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
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 10.65%9.25%8.8%8.67%7.62%-12.69%-12.73%-27.73%-13.51%-10.74%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 23.120.336.849.363.254.718.712.58.10
Y-o-Y Gr. Rt.--12.2%81.1%34.1%28.3%-13.6%-65.8%-33.2%-35.1%-100%
Adjusted EPS (Rs.) 1.041.31.581.781.1-9.58-10.44-15.66-6.47-2.72
Y-o-Y Gr. Rt.-25%21.5%12.7%-38.2%-970.9%NANANANA
Book Value per Share (Rs.) 14.4415.8815.2110.3812.021.94-8.49-24.1-30.58-33.42
Adjusted Net Profit 0.50.71.11.21.6-13.4-14.7-22-9.1-3.8
Net Op. Cash Flow (Rs. Cr.) -3.1-1.31.56.22.6-0.3-0.616.40.30
Debt to Cash Flow from Ops -2.86-10.9316.416.1324.24-224.24-146.085.03257.067,332
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Trident Tools Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -100%-100%-100%-100%
Adjusted EPS -211.3%-219.9%NANA
Book Value per Share -209.8-222.700
Share Price -11.8% -28.6% -40.1% -63.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 7.067.4210.49.019.55-133.14335.596.823.728.51
Operating Profit Margin (%) 7.5912.6913.6115.4415.74-5.78-26.94-127.91-14.810
Net Profit Margin (%) 2.253.212.92.432.45-24.6-78.51-176.21-112.160
Debt to Equity 1.371.972.345.463.6927.96-7.27-2.44-1.87-1.71
Working Capital Days 1993621971711732336145492950
Cash Conversion Cycle 42168124115111157453401610
Entity Percentage Holding
Promoters 75.00%
Non-Institutions 25.00%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Trident Tools Ltd.'s performance infers:

Trident Tools Ltd. earnings have declined by -219.9%, whereas share price has depreciated -28.6% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Trident Tools Ltd. share prices over the last 10 years. Here is what we found out:

Trident Tools Ltd. share price has depreciated -16.8% annually over the past ten years.

Trident Tools, earlier known as Magicut Tools was set up in 1982 with the main objective of manufacturing quality cutting tools such as tool bits, hacksaw and bandsaw blades. The company has since has gradually evolved into manufacturing a wide range of hand tools and power tool accessories, as well. In 2011 the company has changed its name from Magicut Tools Ltd. to Trident Tools Ltd.

Today Magicut's portfolio includes hole saws, hand hacksaw blades, junior hacksaw blades, power hacksaw

Trident Tools, earlier known as Magicut Tools was set up in 1982 with the main objective of manufacturing quality cutting tools such as tool bits, hacksaw and bandsaw blades. The company has since has gradually evolved into manufacturing a wide range of hand tools and power tool accessories, as well. In 2011 the company has changed its name from Magicut Tools Ltd. to Trident Tools Ltd.

Today Magicut's portfolio includes hole saws, hand hacksaw blades, junior hacksaw blades, power hacksaw blades, hacksaw frames, jig saw blades, reciprocating saw blades, carbide braze tools, tool bits, cut-off blades, tool holders, boring bars, and lathe tool sets. Magicut is headquartered in Mumbai, India with plants at Mumbai and Palghar offering a comprehensive range of tools, all from a single source. Besides an extensive domestic sales network it has satisfied the needs of numerous, diverse customers across the globe in Europe, Middle East, Africa, Asia Pacific and America.

The company is a member of various organisations such as IMTMA, FIEO and Indo German Chambers of Commerce, etc.

Products:

1. Hole Saw, Accessories & Kits

• Bimetal Hole Saw • Hole Saw Accessories • Hole Saw Kits 

2. Hand Hacksaw Blades & Frames 

• Hand Hacksaw Blades • Hand Hacksaw Frames 

3. Junior Hacksaw Blades & Frames 

• Junior Hacksaw Blades • Junior Hacksaw Frames

4. Power Hacksaw Blades & Frames

5. Jig Saw & Portable Power Hacksaw Blades 

• Jig Saw Blade • Portable Power Hacksaw Blades 

6. Reciprocating Saw & Air Saw Blades

• Reciprocating Saw Blades • Air Saw Blades   

7. Carbon Steel Band Saw Blades 

• Metal Cutting • Meat & Fish Cutting • Endless Welded Bands   

8. Single Point Braze Carbide 

• Tool Bits & Cut off Blades • Tool Holders• Boring Bars • Lathe Tool Sets

 9. Tool Bits, Holders & Sets 

• Tool Bits & Cut off Blades • Tool Holders • Boring Bars • Lathe Tool Sets

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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