Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 24 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 543276 | NSE: CRAFTSMAN

Craftsman Automation Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 24, 2024, 8:23 pm

Market Cap 12,430 Cr.
Current Price 5,211
High / Low7,121/3,782
Stock P/E49.7
Book Value 1,167
Dividend Yield0.22 %
ROCE20.0 %
ROE20.0 %
Face Value 5.00
PEG Ratio2.14

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Craftsman Automation Ltd

Competitors of Craftsman Automation Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Incon Engineers Ltd 6.62 Cr. 15.324.8/12.1 0.440.00 %72.7 %162 % 10.0
Hittco Tools Ltd 8.53 Cr. 13.816.0/9.53 4.590.00 %7.27 %5.66 % 10.0
Harshil Agrotech Ltd 616 Cr. 12.113.7/0.29104 1.200.00 %16.4 %13.5 % 1.00
Gujarat Toolroom Ltd 202 Cr. 12.645.9/10.81.72 14.87.92 %179 %170 % 1.00
GTV Engineering Ltd 158 Cr. 506640/39524.1 1250.00 %12.7 %13.5 % 10.0
Industry Average4,347.46 Cr533.9644.67117.390.43%29.65%27.04%6.35

All Competitor Stocks of Craftsman Automation Ltd

Quarterly Result

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Sales5715546576777767499801,0381,1791,1301,1051,1511,214
Expenses4274265025126045917928239429108989541,021
Operating Profit144128155165172158188214238220207197193
OPM %25%23%24%24%22%21%19%21%20%19%19%17%16%
Other Income1241255454657
Interest18202425233042424244464941
Depreciation50525453555460686770727276
Profit before tax77588187968092107134109948182
Tax %35%35%37%35%35%35%12%25%22%26%25%26%25%
Net Profit503851576252808110481715962
EPS in Rs23.6517.8024.3626.8129.5724.4336.7635.2544.7534.6129.5022.3025.86

Last Updated: November 6, 2024, 6:58 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:46 pm

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales1,1021,4791,8181,4921,5602,2173,1834,4524,565
Expenses8741,1851,3751,0951,1221,6832,4993,5733,703
Operating Profit228294443398438534684879862
OPM %21%20%24%27%28%24%21%20%19%
Other Income1112143108131819
Interest9011214114910784120175181
Depreciation113149176196192206222278282
Profit before tax374414056149252355445418
Tax %-117%28%30%28%35%35%29%24%
Net Profit8032974097163251337316
EPS in Rs1,387.02313.3948.3919.8846.0877.19117.56144.11131.16
Dividend Payout %0%3%5%0%0%5%10%8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-60.00%203.12%-58.76%142.50%68.04%53.99%34.26%
Change in YoY Net Profit Growth (%)0.00%263.12%-261.89%201.26%-74.46%-14.05%-19.72%

Craftsman Automation Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:20%
3 Years:42%
TTM:17%
Compounded Profit Growth
10 Years:%
5 Years:26%
3 Years:46%
TTM:-16%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:29%
1 Year:2%
Return on Equity
10 Years:%
5 Years:16%
3 Years:19%
Last Year:20%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:30 pm

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital61010101111111112
Reserves5665876737129591,1251,3661,6472,772
Borrowings7778479851,0588068001,2401,7551,958
Other Liabilities4695566575275767391,1901,2931,187
Total Liabilities1,8181,9992,3252,3072,3522,6753,8074,7065,930
Fixed Assets1,2281,3231,5891,5461,5101,5442,1242,5672,757
CWIP11249189324297179394
Investments344323346
Other Assets5766486426698071,0861,5831,9562,774
Total Assets1,8181,9992,3252,3072,3522,6753,8074,7065,930

Reserves and Borrowings Chart

Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +257283360306362327608513
Cash from Investing Activity +-319-210-359-138-95-209-683-625
Cash from Financing Activity +78-60-18-128-296-12073148
Net Cash Flow1612-1740-28-2-236

Free Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-549.00-553.00-542.00397.00-368.00-266.00683.00878.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days5750424856496147
Inventory Days217168203222221187160
Days Payable285172175193163155120
Cash Conversion Cycle-11503875851079488
Working Capital Days2220104353605252
ROCE %11%18%12%14%18%21%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters59.76%59.76%59.76%59.48%58.77%58.77%58.77%54.99%54.99%54.99%54.99%48.70%
FIIs3.73%3.70%3.55%3.91%4.26%9.33%8.79%12.10%12.68%12.52%12.55%15.76%
DIIs14.35%14.50%14.82%15.41%16.34%15.84%16.55%17.20%17.28%17.23%16.00%21.45%
Public22.16%22.03%21.87%21.19%20.60%16.04%15.87%15.72%15.04%15.26%16.45%14.08%
No. of Shareholders67,64163,38860,14065,90369,76379,03276,21476,64179,17682,69585,91479,498

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Axis Small Cap Fund513,0831.13227.1179,1362024-11-23548.36%
Mirae Asset Midcap Fund250,3600.73110.8279,1362024-11-23216.37%
Mirae Asset Aggressive Hybrid Fund185,6740.9682.1979,1362024-11-23134.63%
Aditya Birla Sun Life Multi-Cap Fund117,7950.9552.1479,1362024-11-2348.85%
Tata ELSS Tax Saver Fund117,0001.2351.7979,1362024-11-2347.85%
Tata Multicap Fund100,0001.5144.2679,1362024-11-2326.36%
Invesco India Smallcap Fund85,7160.9637.9479,1362024-11-238.31%
Tata Focused Equity Fund81,2462.1235.9679,1362024-11-232.67%
Axis Multicap Fund79,1360.6635.0379,1362024-11-230%
Edelweiss Balanced Advantage Fund74,8980.333.1579,1362024-11-23-5.36%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)144.11117.5677.1948.3219.88
Diluted EPS (Rs.)144.11117.5677.1948.3219.88
Cash EPS (Rs.)290.80175.53174.57137.14117.51
Book Value[Excl.RevalReserv]/Share (Rs.)829.38680.82537.76459.01358.64
Book Value[Incl.RevalReserv]/Share (Rs.)829.38680.82537.76459.01358.64
Revenue From Operations / Share (Rs.)2107.831506.911049.72738.61741.78
PBDIT / Share (Rs.)424.28329.62256.42212.27202.07
PBIT / Share (Rs.)292.79272.69158.89121.15104.45
PBT / Share (Rs.)210.15167.76119.0170.3627.73
Net Profit / Share (Rs.)159.32118.6077.0446.0219.90
NP After MI And SOA / Share (Rs.)144.16117.6177.2246.0219.90
PBDIT Margin (%)20.1221.8724.4228.7327.24
PBIT Margin (%)13.8918.0915.1316.4014.08
PBT Margin (%)9.9711.1311.339.523.73
Net Profit Margin (%)7.557.877.336.232.68
NP After MI And SOA Margin (%)6.837.807.356.232.68
Return on Networth / Equity (%)18.3618.0314.3510.025.54
Return on Capital Employeed (%)19.4722.4519.7716.3213.66
Return On Assets (%)6.476.526.094.131.73
Long Term Debt / Equity (X)0.670.650.320.450.92
Total Debt / Equity (X)0.930.830.630.611.26
Asset Turnover Ratio (%)1.050.990.870.660.65
Current Ratio (X)1.161.201.050.980.81
Quick Ratio (X)0.480.520.410.460.39
Inventory Turnover Ratio (X)2.692.362.071.851.78
Dividend Payout Ratio (NP) (%)7.803.190.000.0015.16
Dividend Payout Ratio (CP) (%)4.082.150.000.002.56
Earning Retention Ratio (%)92.2096.810.000.0084.84
Cash Earning Retention Ratio (%)95.9297.850.000.0097.44
Interest Coverage Ratio (X)5.133.146.434.182.74
Interest Coverage Ratio (Post Tax) (X)2.932.132.931.911.31
Enterprise Value (Cr.)10684.638022.465648.413543.170.00
EV / Net Operating Revenue (X)2.402.522.552.270.00
EV / EBITDA (X)11.9211.5210.437.900.00
MarketCap / Net Operating Revenue (X)2.052.152.241.920.00
Retention Ratios (%)92.1996.800.000.0084.83
Price / BV (X)5.514.984.383.090.00
Price / Net Operating Revenue (X)2.052.152.241.920.00
EarningsYield0.030.030.030.030.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Craftsman Automation Ltd as of November 24, 2024 is: 11,625.50

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 24, 2024, Craftsman Automation Ltd is Undervalued by 123.10% compared to the current share price 5,211.00

Intrinsic Value of Craftsman Automation Ltd as of November 24, 2024 is: 14,330.77

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 24, 2024, Craftsman Automation Ltd is Undervalued by 175.01% compared to the current share price 5,211.00

Last 5 Year EPS CAGR: 23.27%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (1,156.33 cr) compared to borrowings (1,136.22 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (2.00 cr) and profit (210.67 cr) over the years.
  1. The stock has a low average ROCE of 14.25%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 39.00, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 65.75, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Craftsman Automation Ltd:
    1. Net Profit Margin: 7.55%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 19.47% (Industry Average ROCE: 29.65%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 18.36% (Industry Average ROE: 27.04%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 2.93
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.48
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 49.7 (Industry average Stock P/E: 44.67)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.93
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Craftsman Automation Ltd. is a Public Limited Listed company incorporated on 18/07/1986 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L28991TZ1986PLC001816 and registration number is 001816. Currently Company is involved in the business activities of Manufacture of parts and accessories for motor vehicles. Company’s Total Operating Revenue is Rs. 2206.43 Cr. and Equity Capital is Rs. 10.56 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Engineering - General123/4, Sangothipalayam Road, Arasur Post, Coimbatore Tamil Nadu 641407investor@craftsmanautomation.com
http://www.craftsmanautomation.com
Management
NamePosition Held
Mr. Srinivasan RaviChairman & Managing Director
Mr. Ravi GauthamramWhole Time Director
Mrs. Vijaya SampathIndependent Director
Mr. Tamraparni Srinivasan Venkata RajagopalIndependent Director
Mr. Sundararaman KalyanaramanIndependent Director
Mrs. Rajeswari KarthigeyanIndependent Director

FAQ

What is the latest intrinsic value of Craftsman Automation Ltd?

The latest intrinsic value of Craftsman Automation Ltd as on 24 November 2024 is ₹11625.50, which is 123.10% higher than the current market price of ₹5,211.00.

What is the Market Cap of Craftsman Automation Ltd?

The Market Cap of Craftsman Automation Ltd is 12,430 Cr..

What is the current Stock Price of Craftsman Automation Ltd as on 24 November 2024?

The current stock price of Craftsman Automation Ltd as on 24 November 2024 is 5,211.

What is the High / Low of Craftsman Automation Ltd stocks in FY 2024?

In FY 2024, the High / Low of Craftsman Automation Ltd stocks is 7,121/3,782.

What is the Stock P/E of Craftsman Automation Ltd?

The Stock P/E of Craftsman Automation Ltd is 49.7.

What is the Book Value of Craftsman Automation Ltd?

The Book Value of Craftsman Automation Ltd is 1,167.

What is the Dividend Yield of Craftsman Automation Ltd?

The Dividend Yield of Craftsman Automation Ltd is 0.22 %.

What is the ROCE of Craftsman Automation Ltd?

The ROCE of Craftsman Automation Ltd is 20.0 %.

What is the ROE of Craftsman Automation Ltd?

The ROE of Craftsman Automation Ltd is 20.0 %.

What is the Face Value of Craftsman Automation Ltd?

The Face Value of Craftsman Automation Ltd is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Craftsman Automation Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE