About the Company - Emkay Taps & Cutting Tools Ltd
Emkay Taps and Cutting Tools Ltd. is a Public Limited Listed company incorporated on 27/07/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29220MH1995PLC091091 and registration number is 091091. Currently Company is involved in the business activities of Manufacture of machine tools for turning, drilling, milling, shaping, planning, boring, grinding etc.. Company’s Total Operating Revenue is Rs. 70.81 Cr. and Equity Capital is Rs. 10.67 Cr. for the Year ended 31/03/2022.
Management |
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Name | Position Held |
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Mr. Ajayprakash Kanoria | Chairman & M.D & CEO |
Mrs. Alka Kanoria | Whole Time Director |
Mr. Mahesh Mor | Ind. Non-Executive Director |
Mr. Ravindra Loiya | Ind. Non-Executive Director |
Mr. P C Ramchandran | Ind. Non-Executive Director |
Emkay Taps and Cutting Tools Ltd. Share Price Update |
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Share Price | Value |
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Today | ₹604.00 |
Previous Day | ₹625.00 |
Basic Stock Data of Emkay Taps & Cutting Tools Ltd
Market Cap | 667 Cr. |
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Current Price | 625 |
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High / Low | 708/259 |
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Stock P/E | 12.0 |
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Book Value | 241 |
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Dividend Yield | 0.00 % |
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ROCE | 20.5 % |
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ROE | 16.3 % |
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Face Value | 10.0 |
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Emkay Taps & Cutting Tools Ltd Quarterly Results
Month | Sep 2019 | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 |
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Sales | 27 | 23 | 20 | 36 | 33 | 38 | 45 | 44 | 49 |
Expenses | 15 | 16 | 13 | 20 | 18 | 19 | 21 | 24 | 25 |
Operating Profit | 12 | 8 | 6 | 17 | 15 | 19 | 24 | 20 | 24 |
OPM % | 46% | 34% | 32% | 46% | 46% | 49% | 53% | 45% | 49% |
Other Income | 1 | 1 | 3 | 7 | 9 | 5 | 3 | 13 | 17 |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
Profit before tax | 12 | 7 | 7 | 22 | 23 | 21 | 25 | 31 | 39 |
Tax % | 29% | 15% | 18% | 18% | 18% | 22% | 24% | 21% | 21% |
Net Profit | 8 | 6 | 6 | 18 | 19 | 17 | 19 | 25 | 31 |
EPS in Rs | 7.81 | 5.49 | 5.68 | 16.65 | 17.43 | 15.61 | 18.05 | 23.30 | 28.93 |
Emkay Taps & Cutting Tools Ltd Quarterly Chart
Emkay Taps & Cutting Tools Ltd Profit & Loss
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
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Sales | 35 | 31 | 30 | 44 | 49 | 53 | 56 | 64 | 51 | 56 | 71 | 89 | 93 |
Expenses | 21 | 21 | 18 | 27 | 32 | 34 | 33 | 35 | 30 | 33 | 37 | 45 | 49 |
Operating Profit | 13 | 10 | 11 | 17 | 17 | 19 | 23 | 29 | 20 | 23 | 34 | 43 | 44 |
OPM % | 38% | 31% | 38% | 38% | 34% | 36% | 41% | 45% | 40% | 41% | 48% | 49% | 47% |
Other Income | 1 | 1 | 0 | 2 | 5 | 2 | 6 | -13 | 1 | 9 | 14 | 16 | 30 |
Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Profit before tax | 11 | 7 | 9 | 16 | 19 | 18 | 25 | 13 | 19 | 29 | 44 | 57 | 71 |
Tax % | 25% | 32% | 36% | 34% | 26% | 33% | 22% | 59% | 24% | 18% | 20% | 22% | |
Net Profit | 8 | 5 | 6 | 11 | 14 | 12 | 20 | 5 | 14 | 24 | 35 | 44 | 56 |
EPS in Rs | 16.37 | 9.65 | 11.25 | 10.13 | 13.13 | 11.07 | 18.59 | 4.94 | 13.31 | 22.33 | 33.04 | 41.35 | 52.23 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 3% | 10% | 3% | 0% | 0% | 0% | |
Emkay Taps & Cutting Tools Ltd Profit & Loss Yearly Chart
Emkay Taps & Cutting Tools Ltd Growth
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Compounded Sales Growth |
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10 Years:: | 11% |
5 Years:: | 10% |
3 Years:: | 20% |
TTM:: | 13% |
Emkay Taps & Cutting Tools Ltd Growth
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Compounded Profit Growth |
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10 Years:: | 21% |
5 Years:: | 10% |
3 Years:: | 33% |
TTM:: | 55% |
Emkay Taps & Cutting Tools Ltd Growth
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Stock Price CAGR |
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10 Years:: | % |
5 Years:: | 24% |
3 Years:: | 108% |
1 Year:: | 141% |
Emkay Taps & Cutting Tools Ltd Growth
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Return on Equity |
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10 Years:: | 15% |
5 Years:: | 13% |
3 Years:: | 15% |
Last Year:: | 16% |
Emkay Taps & Cutting Tools Ltd Balance Sheet
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
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Equity Capital | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 38 | 43 | 49 | 56 | 71 | 83 | 102 | 98 | 111 | 135 | 170 | 215 | 246 |
Borrowings | 5 | 2 | 2 | 2 | 2 | 5 | 4 | 3 | 3 | 0 | 3 | 6 | 4 |
Other Liabilities | 7 | 6 | 7 | 7 | 6 | 8 | 10 | 17 | 11 | 13 | 19 | 25 | 20 |
Total Liabilities | 51 | 51 | 58 | 67 | 81 | 97 | 118 | 128 | 136 | 159 | 203 | 257 | 281 |
Fixed Assets | 19 | 18 | 16 | 14 | 16 | 18 | 17 | 17 | 21 | 19 | 19 | 16 | 15 |
CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
Investments | 14 | 16 | 24 | 31 | 36 | 49 | 71 | 65 | 78 | 99 | 144 | 187 | 210 |
Other Assets | 18 | 17 | 18 | 22 | 28 | 30 | 30 | 44 | 37 | 41 | 40 | 53 | 55 |
Total Assets | 51 | 51 | 58 | 67 | 81 | 97 | 118 | 128 | 136 | 159 | 203 | 257 | 281 |
Emkay Taps & Cutting Tools Ltd Reserves and Borrowings Chart
Emkay Taps & Cutting Tools Ltd Cash Flow
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
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Cash from Operating Activity | 9 | 8 | 8 | 8 | 5 | 12 | 19 | 14 | 18 | 15 | 32 | 25 |
Cash from Investing Activity | -7 | -4 | -8 | -4 | -6 | -15 | -17 | -11 | -17 | -12 | -35 | -28 |
Cash from Financing Activity | -3 | -4 | 0 | -3 | 0 | 2 | -2 | -2 | -1 | -3 | 3 | 2 |
Net Cash Flow | -1 | 1 | 0 | 1 | -0 | -1 | 0 | 0 | -0 | -1 | 0 | 0 |
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Emkay Taps & Cutting Tools Ltd Financial Efficiency Indicators
Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
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Debtor Days | 82 | 81 | 91 | 79 | 82 | 92 | 99 | 94 | 100 | 117 | 90 | 81 |
Inventory Days | 295 | 307 | 484 | 612 | 546 | 827 | 605 | 681 | 635 | 194 | 417 | 518 |
Days Payable | 77 | 58 | 84 | 150 | 81 | 146 | 211 | 173 | 98 | 85 | 157 | 155 |
Cash Conversion Cycle | 300 | 330 | 491 | 541 | 548 | 773 | 493 | 602 | 637 | 226 | 350 | 443 |
Working Capital Days | 143 | 149 | 154 | 127 | 161 | 158 | 134 | 157 | 183 | 181 | 107 | 112 |
ROCE % | 29% | 17% | 19% | 30% | 29% | 22% | 27% | 12% | 16% | 16% | 19% | 21% |
Emkay Taps & Cutting Tools Ltd Financial Efficiency Indicators Chart
No valid data available for the Shareholding
Emkay Taps & Cutting Tools Ltd Shareholding Pattern Chart
No. of Emkay Taps & Cutting Tools Ltd Shareholders
This stock is not held by any mutual fund
Emkay Taps & Cutting Tools Ltd ROCE Trend
Emkay Taps & Cutting Tools Ltd EPS Trend
Emkay Taps & Cutting Tools Ltd Key Financial Ratios
Month | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
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FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Basic EPS (Rs.) | 41.35 | 33.04 | 22.33 | 13.31 | 4.94 |
Diluted EPS (Rs.) | 41.35 | 33.04 | 22.33 | 13.31 | 4.94 |
Cash EPS (Rs.) | 44.27 | 36.16 | 25.49 | 16.10 | 7.68 |
Book Value[Excl.RevalReserv]/Share (Rs.) | 211.71 | 169.63 | 136.58 | 114.10 | 101.72 |
Book Value[Incl.RevalReserv]/Share (Rs.) | 211.71 | 169.63 | 136.58 | 114.10 | 101.72 |
Dividend / Share (Rs.) | 0.00 | 0.00 | 0.00 | 0.40 | 0.50 |
Revenue From Operations / Share (Rs.) | 83.04 | 66.35 | 52.73 | 47.49 | 60.15 |
PBDIT / Share (Rs.) | 56.11 | 44.46 | 30.42 | 20.38 | 14.99 |
PBIT / Share (Rs.) | 53.19 | 41.33 | 27.26 | 17.59 | 12.25 |
PBT / Share (Rs.) | 53.06 | 41.23 | 27.22 | 17.53 | 12.02 |
Net Profit / Share (Rs.) | 41.35 | 33.04 | 22.33 | 13.31 | 4.94 |
PBDIT Margin (%) | 67.56 | 67.00 | 57.67 | 42.92 | 24.93 |
PBIT Margin (%) | 64.05 | 62.29 | 51.69 | 37.03 | 20.36 |
PBT Margin (%) | 63.89 | 62.13 | 51.61 | 36.91 | 19.99 |
Net Profit Margin (%) | 49.79 | 49.79 | 42.34 | 28.01 | 8.20 |
Return on Networth / Equity (%) | 19.53 | 19.47 | 16.34 | 11.66 | 4.85 |
Return on Capital Employeed (%) | 25.01 | 24.16 | 19.83 | 15.27 | 11.88 |
Return On Assets (%) | 17.18 | 17.33 | 15.00 | 10.41 | 4.36 |
Total Debt / Equity (X) | 0.02 | 0.01 | 0.00 | 0.02 | 0.02 |
Asset Turnover Ratio (%) | 0.38 | 0.39 | 0.38 | 0.39 | 0.53 |
Current Ratio (X) | 1.76 | 1.92 | 3.36 | 2.74 | 3.44 |
Quick Ratio (X) | 1.19 | 1.42 | 2.85 | 1.61 | 1.91 |
Inventory Turnover Ratio (X) | 1.15 | 1.40 | 0.97 | 0.61 | 0.80 |
Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 0.00 | 6.76 | 10.12 |
Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 0.00 | 5.58 | 6.51 |
Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 93.24 | 89.88 |
Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 94.42 | 93.49 |
Interest Coverage Ratio (%) | 419.60 | 419.40 | 755.59 | 380.14 | 65.92 |
Interest Coverage Ratio (Post Tax) (%) | 310.23 | 312.69 | 555.69 | 249.15 | 22.70 |
Enterprise Value (Cr.) | 318.17 | 300.82 | 132.59 | 116.01 | 172.20 |
EV / Net Operating Revenue (X) | 3.59 | 4.25 | 2.36 | 2.29 | 2.68 |
EV / EBITDA (X) | 5.31 | 6.34 | 4.08 | 5.33 | 10.76 |
MarketCap / Net Operating Revenue (X) | 3.54 | 4.22 | 2.37 | 2.25 | 2.66 |
Retention Ratios (%) | 0.00 | 0.00 | 0.00 | 93.23 | 89.87 |
Price / BV (X) | 1.39 | 1.65 | 0.91 | 0.93 | 1.57 |
Price / Net Operating Revenue (X) | 3.54 | 4.22 | 2.37 | 2.25 | 2.66 |
EarningsYield | 0.14 | 0.11 | 0.17 | 0.12 | 0.03 |
Emkay Taps & Cutting Tools Ltd Profitability Ratios (%)
Emkay Taps & Cutting Tools Ltd Liquidity Ratios
Emkay Taps & Cutting Tools Ltd Liquidity Ratios (%)
Emkay Taps & Cutting Tools Ltd Interest Coverage Ratios (%)
Emkay Taps & Cutting Tools Ltd Valuation Ratios
Fair Value of Emkay Taps & Cutting Tools Ltd Stock
Fair Value: ₹480.82
The stock is overvalued by 23.07% compared to the current price ₹625
*This is not Investment Advice
Strength and Weakness of Emkay Taps & Cutting Tools Ltd Stock
Strength | Weakness |
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The company has higher reserves compared to borrowings, indicating strong financial stability. The company has shown consistent growth in sales and profit over the years. | The stock has a low average ROCE, which may not be favorable. The stock has a high average Working Capital Days, which may not be favorable. The stock has a high average Cash Conversion Cycle, which may not be favorable. |