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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Indo Tech Transformers Ltd

About the Company -Indo Tech Transformers Ltd

Indo Tech Transformers Ltd. is a Public Limited Listed company incorporated on 16/01/1992 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L29113TN1992PLC022011 and registration number is 022011. Currently Company is involved in the business activities of Manufacture of electric motors, generators, transformers and electricity distribution and control apparatus. Company’s Total Operating Revenue is Rs. 280.07 Cr. and Equity Capital is Rs. 10.62 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Power - Transmission/EquipmentSurvey no.153-210, llluppapattu Village, Kancheepuram Dist. Tamil Nadu 631561investor@indo-tech.com
http://www.indo-tech.com
Management
NamePosition Held
Mr. N Visweswara ReddyChairman & Non-Exe.Director
Mr. Shridhar GokhaleWhole Time Director
Mr. Sharat Chandra KollaNon Executive Director
Mr. Sudheer VennamNon Executive Director
Mr. Ajay Kumar DhagatIndependent Director
Mr. Sutanu BehuriaIndependent Director
Ms. Leena M SathyanarayananIndependent Director

Indo Tech Transformers Ltd. Share Price Update

Share PriceValue
Today₹1,004.20
Previous Day₹1,049.00

Basic Stock Data of Indo Tech Transformers Ltd

Market Cap 1,116 Cr.
Current Price 1,051
High / Low1,184/164
Stock P/E27.5
Book Value 170
Dividend Yield0.00 %
ROCE20.8 %
ROE16.3 %
Face Value 10.0

Data Source: screener.in

Indo Tech Transformers Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales38.9453.8396.8122.6576.3281.8199.2954.0888.5483.62144.6793.2295.81
Expenses41.1351.8784.0327.5370.0373.9791.6552.1686.7078.53122.9387.1684.57
Operating Profit-2.191.9612.78-4.886.297.847.641.921.845.0921.746.0611.24
OPM %-5.62%3.64%13.20%-21.55%8.24%9.58%7.69%3.55%2.08%6.09%15.03%6.50%11.73%
Other Income0.230.202.170.590.220.240.640.740.820.370.730.812.36
Interest0.050.000.040.070.270.430.810.510.390.651.170.691.28
Depreciation1.251.201.181.111.141.151.120.920.940.972.001.131.21
Profit before tax-3.260.9613.73-5.475.106.506.351.231.333.8419.305.0511.11
Tax %0.00%0.00%0.51%0.00%0.00%0.00%4.57%0.00%0.00%0.00%0.00%29.90%36.36%
Net Profit-3.260.9613.66-5.475.106.506.061.231.333.8419.303.547.07
EPS in Rs-3.070.9012.86-5.154.806.125.711.161.253.6218.173.336.66

Indo Tech Transformers Ltd Quarterly Chart

Indo Tech Transformers Ltd Profit & Loss

MonthMar 2012Jun 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales11511494157190149220213205206280371417
Expenses147153109166191152221215203195258335373
Operating Profit-32-39-15-9-1-3-1-2211223644
OPM %-28%-34%-16%-6%-0%-2%-1%-1%1%5%8%10%11%
Other Income1111171325153234
Interest58126232223784
Depreciation4535555555555
Profit before tax-40-50-19-44-9-4-806122639
Tax %0%0%0%0%0%-24%0%0%-1,820%1%2%0%
Net Profit-40-50-19-44-11-4-826122634
EPS in Rs-37.65-47.25-17.70-3.523.79-10.61-3.47-7.901.815.9211.4824.2031.78
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Indo Tech Transformers Ltd Profit & Loss Yearly Chart

Indo Tech Transformers Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:11%
3 Years:22%
TTM:45%
Compounded Profit Growth
10 Years:%
5 Years:55%
3 Years:137%
TTM:226%
Stock Price CAGR
10 Years:34%
5 Years:64%
3 Years:120%
1 Year:472%
Return on Equity
10 Years:%
5 Years:6%
3 Years:10%
Last Year:16%

Indo Tech Transformers Ltd Balance Sheet

MonthMar 2012Jun 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital11111111111111111111111111
Reserves6414-4140144128123115116123134160170
Borrowings538112500000001115
Other Liabilities4872525759647569775594121154
Total Liabilities176177184207214202209195203188240303340
Fixed Assets77737166625450524844414448
CWIP1210000000111
Investments0000000000000
Other Assets98102112141152148159143155144197258291
Total Assets176177184207214202209195203188240303340

Indo Tech Transformers Ltd Reserves and Borrowings Chart

Indo Tech Transformers Ltd Cash Flow

MonthMar 2012Jun 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -38-18-32-13-3-12417-14822-4
Cash from Investing Activity -2-0-3-08-1-1-1-2-3-9-15
Cash from Financing Activity 372134190-1-0-0-0-0-09
Net Cash Flow-32-156-14216-16513-9

Indo Tech Transformers Ltd Financial Efficiency Indicators

MonthMar 2012Jun 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days109111172121124146132106131123106127
Inventory Days921361511178816291791139298102
Days Payable1311801489710112711610113496130123
Cash Conversion Cycle69661761411111811078411011875105
Working Capital Days11851182150123168110671051127592
ROCE %-28%-36%1%-3%-4%-1%-5%2%7%14%21%

Indo Tech Transformers Ltd Financial Efficiency Indicators Chart

Indo Tech Transformers Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters78.63%78.63%78.63%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.00%0.00%0.01%0.02%0.02%0.08%0.03%0.00%0.00%0.00%0.02%0.00%
Public21.37%21.37%21.36%24.98%24.98%24.92%24.97%25.01%25.00%25.00%25.00%25.00%
No. of Shareholders8,9548,8108,8389,0178,9289,8069,8349,6459,4749,2099,7028,932

Indo Tech Transformers Ltd Shareholding Pattern Chart

No. of Indo Tech Transformers Ltd Shareholders

This stock is not held by any mutual fund

Indo Tech Transformers Ltd ROCE Trend

Indo Tech Transformers Ltd EPS Trend

Indo Tech Transformers Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)24.2011.4841.761.81-7.90
Diluted EPS (Rs.)24.2011.4841.761.81-7.90
Cash EPS (Rs.)28.7415.7310.466.32-3.01
Book Value[Excl.RevalReserv]/Share (Rs.)160.92136.65125.45119.14117.86
Book Value[Incl.RevalReserv]/Share (Rs.)160.92136.65125.45119.14117.86
Revenue From Operations / Share (Rs.)349.26263.72193.97193.34200.93
PBDIT / Share (Rs.)31.3017.4910.674.78-2.52
PBIT / Share (Rs.)26.7613.236.130.26-7.41
PBT / Share (Rs.)24.2011.755.980.09-7.90
Net Profit / Share (Rs.)24.2011.485.921.81-7.90
PBDIT Margin (%)8.966.635.492.47-1.25
PBIT Margin (%)7.665.013.150.13-3.68
PBT Margin (%)6.924.453.080.04-3.93
Net Profit Margin (%)6.924.353.050.93-3.93
Return on Networth / Equity (%)15.038.394.711.51-6.70
Return on Capital Employeed (%)16.389.624.840.22-6.23
Return On Assets (%)8.545.113.360.95-4.33
Long Term Debt / Equity (X)0.010.000.000.000.00
Total Debt / Equity (X)0.060.000.000.000.00
Asset Turnover Ratio (%)1.381.321.061.041.06
Current Ratio (X)1.972.062.591.952.01
Quick Ratio (X)1.411.501.931.331.50
Inventory Turnover Ratio (X)4.504.963.354.224.07
Interest Coverage Ratio (X)12.2211.7773.9527.30-5.11
Interest Coverage Ratio (Post Tax) (X)10.458.7242.0311.34-15.02
Enterprise Value (Cr.)152.64190.1670.6281.7680.78
EV / Net Operating Revenue (X)0.410.670.340.390.37
EV / EBITDA (X)4.5910.246.2316.12-30.18
MarketCap / Net Operating Revenue (X)0.490.820.440.450.52
Price / BV (X)1.071.600.690.740.88
Price / Net Operating Revenue (X)0.490.820.440.450.52
EarningsYield0.130.050.060.02-0.07

Indo Tech Transformers Ltd Profitability Ratios (%)

Indo Tech Transformers Ltd Liquidity Ratios

Indo Tech Transformers Ltd Liquidity Ratios (%)

Indo Tech Transformers Ltd Interest Coverage Ratios (%)

Indo Tech Transformers Ltd Valuation Ratios

Fair Value of Indo Tech Transformers Ltd Stock

Fair Value: ₹777.27

The stock is overvalued by 26.05% compared to the current price ₹1051

*Investments are subject to market risks

Strength and Weakness of Indo Tech Transformers Ltd Stock

StrengthWeakness
  1. The company has higher reserves (109.77 cr) compared to borrowings (21.23 cr), indicating strong financial stability.
  1. The stock is trading at a high valuation with an average P/B ratio of 7.79 and average Dividend Yield of 2.11%.
  2. The stock has a low average ROCE of -2.67%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 112.75, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 111.92, which may not be favorable.
  5. The company has not shown consistent growth in sales (210.08) and profit (-3.62).

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 Indo Tech Transformers 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