TechTrek India Ltd - Stock Valuation and Financial Performance

BSE: 513153 | NSE: | Miscellaneous | Small Cap

BSE Share Price
Not Listed

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TechTrek India stock performance -

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P/E Ratio (SA):
2.59
Market Cap:
1.6 Cr.
52-wk low:
7.1
52-wk high:
7.1

Is TechTrek India Ltd an attractive stock to invest in?

1. Is TechTrek India Ltd a good quality company?

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

2. Is TechTrek India Ltd undervalued or overvalued?

No data found

3. Is TechTrek India Ltd a good buy now?

No data found

10 Year X-Ray of TechTrek India:

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.
TechTrek 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'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13TTM
ROCE % 0%0%0%0%3%3.9%3.8%1.1%0.6%5%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00000000.80.30.31
Sales YoY Gr.-NANANANANANANA-67.5%28%-
Adj EPS 00001.11.51.8-0-0.31.12.7
YoY Gr.-NANANANA38.3%21.6%-102.2%NANA-
BVPS (₹) 0000-2.5-1.10.80.70.30.8-2.9
Adj Net
Profit
00000.40.50.70-0.10.41
Cash Flow from Ops. 00000000.21.6-0.4-
Debt/CF from Ops. 000000016.22.3-13.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA28%
Adj EPS NA0.9%-14.6%NA
BVPSNANA1.7%150%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13TTM
Return on
Equity %
00002.73.74.4-0.1-0.72.8-264.7
Op. Profit
Mgn %
000000029.9-223-161.5-49.4
Net Profit
Mgn %
0000000-1.8-44.9126.161.3
Debt to
Equity
0000-2.6-4.59.514.832.318.7-
Working Cap
Days
00000007892,1571,945568
Cash Conv.
Cycle
0000000-166-47100-60

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 18.71

Return on Equity is Poor

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years -14.63%

Sales growth is not so good in last 4 quarters at -12.24%

Latest Financials - TechTrek India Ltd.

Standalone Consolidated
TTM EPS (₹) 2.7 -
TTM Sales (₹ Cr.) 1 -
BVPS (₹.) -2.9 -
Reserves (₹ Cr.) -3 -
P/BV -2.47 -
PE 2.59 -
From the Market
52 Week Low / High (₹) 7.08 / 7.08
All Time Low / High (₹) 0.50 / 125.00
Market Cap (₹ Cr.) 1.6
Equity (₹ Cr.) 2.3
Face Value (₹) 10
Industry PE 12

Management X-Ray of TechTrek India:

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 TechTrek India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13
Sales0000.770.250.32
Operating Expenses 0.250.600.450.540.860.84
Manufacturing Costs0.060.460.210.050.100.21
Material Costs000000
Employee Cost 0.01000.190.210.23
Other Costs 0.180.140.240.300.550.41
Operating Profit -0.25-0.60-0.450.23-0.61-0.52
Operating Profit Margin (%) ---29.9%-241.0%-161.0%
Other Income 1.011.491.340.131.111.87
Interest 0.150.1400.310.320.80
Depreciation 0.060.040.040.040.060.06
Exceptional Items 00000-0.06
Profit Before Tax 0.560.710.850.010.120.43
Tax 0.170.170.200.020.270.07
Profit After Tax 0.390.540.66-0.01-0.150.37
PAT Margin (%) ----1.8%-57.5%113.2%
Adjusted EPS (₹)1.11.51.80.0-0.41.0
Dividend Payout Ratio (%)0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 14.1614.7015.3615.3415.2014.25
Share Capital 3.633.633.633.633.633.63
Reserves 10.5311.0711.7311.7111.5710.62
Minority Interest000000
Debt2.391.702.633.863.755.46
Long Term Debt2.391.702.632.062.223.72
Short Term Debt0001.801.541.74
Trade Payables0.020.010.070.300.370.14
Others Liabilities 1.734.343.513.173.633.10
Total Liabilities 18.3020.7521.5622.6722.9522.94

Fixed Assets

Gross Block16.5816.5918.4818.5620.1620.35
Accumulated Depreciation0.610.650.690.730.792.16
Net Fixed Assets15.9715.9417.7917.8319.3718.19
CWIP 0001.1300
Investments 000000
Inventories000000
Trade Receivables0.010.0100.300.090.42
Cash Equivalents 0.311.142.102.072.242.66
Others Assets2.023.671.671.351.251.69
Total Assets 18.3020.7521.5622.6722.9522.94

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13
Cash Flow From Operating Activity 0000.241.60-0.40
PBT 0000.010.120.43
Adjustment 0000.340.420.76
Changes in Working Capital 000-0.11.08-1.59
Tax Paid 0000-0.020
Cash Flow From Investing Activity 000-1.21-0.52-0.19
Capex 000-1.21-0.52-0.19
Net Investments 000000
Others 000000
Cash Flow From Financing Activity 000-0.86-0.640.85
Net Proceeds from Shares 000000
Net Proceeds from Borrowing 000000
Interest Paid 0000-0.32-0.70
Dividend Paid 000000
Others 000-0.86-0.321.56
Net Cash Flow 000-1.830.450.27
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13
Ratios
ROE (%)000-5.24-76.95179.19
ROCE (%)48.1860.5640.49.1611.1325.52
Asset Turnover Ratio0000.030.010.01
PAT to CFO Conversion(x)000N/AN/A-1.08
Working Capital Days
Receivable Days00071279285
Inventory Days000000
Payable Days000000

TechTrek India Ltd Stock News

TechTrek India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of TechTrek India 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 TechTrek India stood at ₹1.60.
The latest P/E ratio of TechTrek India as of 01-Jan-1970 05:30 is 2.59.
The latest P/B ratio of TechTrek India as of 01-Jan-1970 05:30 is -2.47.
The 52-week high of TechTrek India is ₹7.08 and the 52-week low is ₹7.08.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TechTrek India is ₹1.01 ( Cr.) .

About TechTrek India Ltd

Zentronics Technologies was incorporated in January 1983 as a private limited company, it was converted into a public limited company in August 1985. Earlier known as Nirmal Metal Fabricators, the name of the company was changed to the present one with effect from Jan. 17, 2008. The company has been engaged in the business of fabrication.

The Company changed it name from Zentroncis Technologies Limited to Techtrek India Limited in the Extra Ordinary General Meeting held on 23rd February, 2010, considering brand name and goodwill of 'TECHTREK'(Group Company Name) in the international market.

Products such as control panels, cable trays, collapsible drums, cabinets and enclosures were manufactured by the company. Business activities have been restricted on account of lesser margins and shortage of working funds. It is suspended from the BSE on account of noncompliance with listing agreement clauses.

As the Company was unable to start any Manufacturing activities due to pending litigations and clearing of debts. The management decided to exit the main business activities in the year 2007-08 and altered its main object to IT and IT enabled services. To generate some income the Company has started to lease the premises. The company's proposed business plans could not be materialized, due to worldwide recession during the period 2008-09 and 2009-10. The management is giving its best efforts to generate the income from the IT and IT enabled services. Further the Company decided to merge its other group company M/s Tech Trek Technologies Limited who is having vast skill and know-how in IT Sector with itself.

The registered office of the company is located at Plot No 124, Road No 17, MIDC, Marol, Andheri (E), Mumbai-400093.

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