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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Sintercom India Ltd

About the Company - Sintercom India Ltd

Sintercom India Ltd. is a Public Limited Listed company incorporated on 22/05/2007 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29299PN2007PLC129627 and registration number is 129627. Currently Company is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 59.89 Cr. and Equity Capital is Rs. 26.54 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Auto Ancl - Engine PartsGat No. 127, At Post Mangrul, Pune Maharashtra 410507info@sintercom.co.in
http://www.sintercom.co.in
Management
NamePosition Held
Mr. Hari NairChairperson & Non Executive Director
Mr. Jignesh RavalManaging Director
Mr. Satish BarveNon Executive Director
Mr. Madan GodseIndependent Director
Ms. Madhavi PandrangiIndependent Director
Mr. Dara KalyaniwalaIndependent Director

Sintercom India Ltd. Share Price Update

Share PriceValue
Today₹128.35
Previous Day₹127.15

Basic Stock Data of Sintercom India Ltd

Market Cap 353 Cr.
Current Price 128
High / Low140/95.2
Stock P/E360
Book Value 36.3
Dividend Yield0.00 %
ROCE3.65 %
ROE0.07 %
Face Value 10.0

Data Source: screener.in

Competitors of Sintercom India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Rane Engine Valve Ltd 262 Cr. 362506/19518.9 1560.00 %7.48 %7.20 % 10.0
Talbros Automotive Components Ltd 1,756 Cr. 284348/76.022.8 72.90.21 %19.2 %16.5 % 2.00
Autoline Industries Ltd 555 Cr. 142165/60.165.2 20.60.00 %6.83 %1.96 % 10.0
Sundram Fasteners Ltd 22,726 Cr. 1,0821,341/95244.2 1530.60 %19.3 %17.4 % 1.00
Shriram Pistons & Rings Ltd 7,404 Cr. 1,6811,867/49118.0 3940.29 %24.7 %20.8 % 10.0
Industry Average6,540.60 Cr710.2033.82159.300.22%15.50%12.77%6.60

Sintercom India Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales11.5315.4217.8611.5013.8215.1419.4319.6321.6221.2819.6819.0121.93
Expenses10.0913.4615.4911.0012.7913.8917.0617.2818.9018.3716.3215.8618.35
Operating Profit1.441.962.370.501.031.252.372.352.722.913.363.153.58
OPM %12.49%12.71%13.27%4.35%7.45%8.26%12.20%11.97%12.58%13.67%17.07%16.57%16.32%
Other Income0.030.120.320.180.010.010.070.010.020.010.040.020.07
Interest1.001.120.940.530.700.710.950.820.630.910.910.951.07
Depreciation1.531.651.561.601.661.891.931.932.031.931.991.972.14
Profit before tax-1.06-0.690.19-1.45-1.32-1.34-0.44-0.390.080.080.500.250.44
Tax %26.42%27.54%115.79%22.07%27.27%-3.73%20.45%0.00%-12.50%100.00%40.00%88.00%40.91%
Net Profit-0.78-0.50-0.02-1.13-0.97-1.40-0.35-0.390.090.000.300.020.26
EPS in Rs-0.32-0.21-0.01-0.44-0.38-0.55-0.13-0.150.030.000.110.010.09

Sintercom India Ltd Quarterly Chart

Sintercom India Ltd Profit & Loss

MonthMar 2011Mar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales30.0137.6763.1965.3474.2982.7453.5247.2059.8982.2181.90
Expenses24.0829.9848.8252.1256.6064.1245.9743.2153.8469.8168.90
Operating Profit5.937.6914.3713.2217.6918.627.553.996.0512.4013.00
OPM %19.76%20.41%22.74%20.23%23.81%22.50%14.11%8.45%10.10%15.08%15.87%
Other Income0.000.00-2.650.560.310.460.090.49-0.08-0.160.14
Interest4.085.825.996.045.384.444.274.443.454.093.84
Depreciation2.443.494.905.606.027.006.816.237.087.898.03
Profit before tax-0.59-1.620.832.146.607.64-3.44-6.19-4.560.261.27
Tax %0.00%35.19%18.07%40.65%17.27%28.01%16.28%23.91%15.79%103.85%
Net Profit-0.59-1.050.691.275.455.50-2.87-4.70-3.84-0.010.58
EPS in Rs-0.31-0.550.360.662.252.27-1.19-1.84-1.45-0.000.21
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Sintercom India Ltd Profit & Loss Yearly Chart

Sintercom India Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:2%
3 Years:15%
TTM:2%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:25%
TTM:251%
Stock Price CAGR
10 Years:%
5 Years:14%
3 Years:13%
1 Year:28%
Return on Equity
10 Years:%
5 Years:-1%
3 Years:-3%
Last Year:0%

Sintercom India Ltd Balance Sheet

MonthMar 2011Mar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital19.1919.1919.1919.1924.2024.2024.2025.5526.5427.5327.53
Reserves27.0726.0119.0227.8961.9364.8361.9878.1773.0772.1472.45
Borrowings31.6935.1844.6341.0630.7428.3128.1621.5724.4828.0328.61
Other Liabilities9.9312.0521.6918.5724.5432.5633.0926.5830.6944.4145.77
Total Liabilities87.8892.43104.53106.71141.41149.90147.43151.87154.78172.11174.36
Fixed Assets53.2058.5861.1273.3075.9792.4792.3487.0389.0584.6490.54
CWIP3.020.006.330.090.112.284.014.050.918.240.20
Investments0.000.000.000.000.000.000.000.000.000.000.00
Other Assets31.6633.8537.0833.3265.3355.1551.0860.7964.8279.2383.62
Total Assets87.8892.43104.53106.71141.41149.90147.43151.87154.78172.11174.36

Sintercom India Ltd Reserves and Borrowings Chart

Sintercom India Ltd Cash Flow

MonthMar 2011Mar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -13.041.6711.5912.3021.1912.55-4.71-0.9810.18
Cash from Investing Activity -9.66-5.62-3.35-16.05-25.38-8.790.52-6.02-10.64
Cash from Financing Activity 29.13-2.33-8.1018.50-11.08-3.8511.64-0.320.27
Net Cash Flow6.42-6.280.1414.75-15.26-0.097.45-7.32-0.19

Sintercom India Ltd Financial Efficiency Indicators

MonthMar 2011Mar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days126.98154.93125.98101.17120.32109.45127.60190.08175.64149.00
Inventory Days157.95169.12181.12199.54163.47224.65339.48397.64464.02477.34
Days Payable58.27132.7399.65115.58111.09177.45276.65213.38227.56270.12
Cash Conversion Cycle226.66191.33207.44185.13172.71156.64190.43374.33412.11356.22
Working Capital Days199.35199.4164.2371.3995.2777.9991.32186.83186.61141.63
ROCE %5.31%9.70%11.69%10.32%0.72%-1.46%-0.79%3.65%

Sintercom India Ltd Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

Sintercom India Ltd ROCE Trend

Sintercom India Ltd EPS Trend

Sintercom India Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.001.45-1.94-1.182.27
Diluted EPS (Rs.)0.00-1.45-1.79-1.182.27
Cash EPS (Rs.)2.861.220.591.635.17
Book Value[Excl.RevalReserv]/Share (Rs.)33.3032.0232.1532.3033.48
Book Value[Incl.RevalReserv]/Share (Rs.)36.2035.0435.2835.6136.79
Revenue From Operations / Share (Rs.)29.8622.5618.4722.1134.18
PBDIT / Share (Rs.)4.152.041.532.967.61
PBIT / Share (Rs.)1.28-0.63-0.910.144.71
PBT / Share (Rs.)0.09-1.72-2.42-1.423.16
Net Profit / Share (Rs.)0.00-1.45-1.84-1.192.27
PBDIT Margin (%)13.889.028.2713.3622.25
PBIT Margin (%)4.29-2.79-4.920.6413.79
PBT Margin (%)0.31-7.60-13.11-6.419.23
Net Profit Margin (%)0.00-6.41-9.96-5.366.64
Return on Networth / Equity (%)0.00-4.51-5.72-3.676.78
Return on Capital Employeed (%)3.04-1.52-2.010.3210.98
Return On Assets (%)0.00-2.48-3.09-1.943.66
Long Term Debt / Equity (X)0.130.070.080.150.10
Total Debt / Equity (X)0.300.280.180.300.29
Asset Turnover Ratio (%)0.500.390.310.360.56
Current Ratio (X)1.301.291.511.051.06
Quick Ratio (X)0.650.700.980.670.74
Inventory Turnover Ratio (X)1.171.131.091.132.30
Interest Coverage Ratio (X)3.491.871.011.894.88
Interest Coverage Ratio (Post Tax) (X)0.99-0.33-0.210.242.46
Enterprise Value (Cr.)308.91267.34211.23109.21192.57
EV / Net Operating Revenue (X)3.764.464.482.042.33
EV / EBITDA (X)27.0649.4654.1115.2710.46
MarketCap / Net Operating Revenue (X)3.434.074.331.612.05
Price / BV (X)3.072.872.491.102.09
Price / Net Operating Revenue (X)3.434.074.331.612.05
EarningsYield0.00-0.01-0.02-0.030.03

Sintercom India Ltd Profitability Ratios (%)

Sintercom India Ltd Liquidity Ratios

Sintercom India Ltd Liquidity Ratios (%)

Sintercom India Ltd Interest Coverage Ratios (X)

Sintercom India Ltd Valuation Ratios

Fair Value / Intrinsic Value of Sintercom India Ltd

Fair Value: ₹9.33

The stock is overvalued by 92.71% compared to the current price ₹128

*Investments are subject to market risks

Strength and Weakness of Sintercom India Ltd

StrengthWeakness
  1. The company has higher reserves (53.14 cr) compared to borrowings (31.13 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (61.63 cr) and profit (0.21 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 0.92 and average Dividend Yield of -3.52%.
  2. The stock has a low average ROCE of 3.91%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 131.40, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 247.30, which may not be favorable.

Should I Buy Sintercom India Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Sintercom India Ltd:
    1. Net Profit Margin: 0.00%
      • 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: 3.04% (Industry Average ROCE: 15.5%)
      • 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. Interest Coverage Ratio (Post Tax): 0.99
      • 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.
    4. Quick Ratio: 0.65
      • 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.
    5. ✗ Stock P/E: 360 (Industry average Stock P/E: 35.4)
      • 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.
    6. ✓ Total Debt / Equity: 0.30
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Sintercom India 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