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Last Updated on: 04 April, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Thejo Engineering Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 2, 2025, 9:01 pm

Market Cap 1,952 Cr.
Current Price 1,800
High / Low 3,708/1,539
Stock P/E41.4
Book Value 250
Dividend Yield0.17 %
ROCE28.3 %
ROE24.6 %
Face Value 10.0
PEG Ratio3.58

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

View Share Price Target for Thejo Engineering Ltd

Competitors of Thejo Engineering Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Miven Machine Tools Ltd 32.1 Cr. 107 126/67.0 17.80.00 %%% 10.0
Incon Engineers Ltd 5.95 Cr. 13.8 24.8/10.9 0.440.00 %72.7 %162 % 10.0
Hittco Tools Ltd 8.20 Cr. 13.3 16.0/9.64 4.300.00 %7.27 %5.66 % 10.0
Harshil Agrotech Ltd 367 Cr. 5.16 19.3/1.1432.7 0.860.00 %16.4 %13.5 % 1.00
Gujarat Toolroom Ltd 214 Cr. 1.54 5.99/1.332.05 1.2410.8 %179 %170 % 1.00
Industry Average3,420.59 Cr438.7542.80120.550.54%29.10%26.17%6.30

All Competitor Stocks of Thejo Engineering Ltd

Quarterly Result

MetricJun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 111119122122135134150141131133136
Expenses 92104107112112111121115112117111
Operating Profit 1915151023232926181724
OPM % 17%13%12%8%17%17%19%18%14%13%18%
Other Income 0111102-014-0
Interest 11112221111
Depreciation 33335556455
Profit before tax 161212617172418131518
Tax % 25%23%23%24%23%20%22%25%27%16%24%
Net Profit 1299514141913101214
EPS in Rs 9.827.758.384.3911.8412.2516.1511.598.8510.9812.13

Last Updated: February 28, 2025, 4:36 pm

Below is a detailed analysis of the quarterly data for Thejo Engineering Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is ₹136.00 Cr.. The value appears strong and on an upward trend. It has increased from 133.00 Cr. (Sep 2024) to ₹136.00 Cr., marking an increase of 3.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹111.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 117.00 Cr. (Sep 2024) to ₹111.00 Cr., marking a decrease of 6.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is ₹24.00 Cr.. The value appears strong and on an upward trend. It has increased from 17.00 Cr. (Sep 2024) to ₹24.00 Cr., marking an increase of 7.00 Cr..
  • For OPM %, as of Dec 2024, the value is 18.00%. The value appears strong and on an upward trend. It has increased from 13.00% (Sep 2024) to 18.00%, marking an increase of 5.00%.
  • For Other Income, as of Dec 2024, the value is ₹0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Sep 2024) to ₹0.00 Cr., marking a decrease of 4.00 Cr..
  • For Interest, as of Dec 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹5.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 5.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹18.00 Cr.. The value appears strong and on an upward trend. It has increased from 15.00 Cr. (Sep 2024) to ₹18.00 Cr., marking an increase of 3.00 Cr..
  • For Tax %, as of Dec 2024, the value is 24.00%. The value appears to be increasing, which may not be favorable. It has increased from 16.00% (Sep 2024) to 24.00%, marking an increase of 8.00%.
  • For Net Profit, as of Dec 2024, the value is ₹14.00 Cr.. The value appears strong and on an upward trend. It has increased from 12.00 Cr. (Sep 2024) to ₹14.00 Cr., marking an increase of 2.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 12.13. The value appears strong and on an upward trend. It has increased from 10.98 (Sep 2024) to 12.13, marking an increase of 1.15.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 2:35 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 126147186175178220229303327424474559540
Expenses 110133175162158192197254276355414458455
Operating Profit 161411132027314950696010085
OPM % 13%9%6%7%11%12%14%16%15%16%13%18%16%
Other Income 2110011031334
Interest 4566665543565
Depreciation 34665566911122020
Profit before tax 1260191722384156467764
Tax % 34%79%1,240%149%34%23%31%21%27%24%24%23%
Net Profit 81-2-161315302943355949
EPS in Rs 7.493.04-0.220.205.5910.7312.9724.1725.1935.3130.3051.6943.55
Dividend Payout % 11%38%-522%572%21%12%13%7%8%6%7%6%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-87.50%-300.00%50.00%700.00%116.67%15.38%100.00%-3.33%48.28%-18.60%68.57%
Change in YoY Net Profit Growth (%)0.00%-212.50%350.00%650.00%-583.33%-101.28%84.62%-103.33%51.61%-66.88%87.18%

Thejo Engineering Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:14%
5 Years:20%
3 Years:20%
TTM:0%
Compounded Profit Growth
10 Years:45%
5 Years:33%
3 Years:28%
TTM:-1%
Stock Price CAGR
10 Years:%
5 Years:65%
3 Years:14%
1 Year:-33%
Return on Equity
10 Years:20%
5 Years:23%
3 Years:23%
Last Year:25%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:42 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 23333333411111111
Reserves 4950484652627498125154186240260
Borrowings 26313739413431361838454341
Other Liabilities 41506054415460799498121119113
Total Liabilities 118135148143138153169216240301362412425
Fixed Assets 23333130293234324666112108107
CWIP 0100110011222
Investments 0000000000000
Other Assets 95101116112108119135184193234249301316
Total Assets 118135148143138153169216240301362412425

Below is a detailed analysis of the balance sheet data for Thejo Engineering Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹11.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 11.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹260.00 Cr.. The value appears strong and on an upward trend. It has increased from 240.00 Cr. (Mar 2024) to ₹260.00 Cr., marking an increase of 20.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹41.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 43.00 Cr. (Mar 2024) to ₹41.00 Cr., marking a decrease of 2.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹113.00 Cr.. The value appears to be improving (decreasing). It has decreased from 119.00 Cr. (Mar 2024) to ₹113.00 Cr., marking a decrease of 6.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹425.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 412.00 Cr. (Mar 2024) to ₹425.00 Cr., marking an increase of 13.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹107.00 Cr.. The value appears to be declining and may need further review. It has decreased from 108.00 Cr. (Mar 2024) to ₹107.00 Cr., marking a decrease of 1.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹2.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 2.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹316.00 Cr.. The value appears strong and on an upward trend. It has increased from 301.00 Cr. (Mar 2024) to ₹316.00 Cr., marking an increase of 15.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹425.00 Cr.. The value appears strong and on an upward trend. It has increased from 412.00 Cr. (Mar 2024) to ₹425.00 Cr., marking an increase of 13.00 Cr..

Notably, the Reserves (₹260.00 Cr.) exceed the Borrowings (41.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +05141224201952275952
Cash from Investing Activity +-10-13-4-4-5-8-6-5-13-15-51-19
Cash from Financing Activity +1944-4-4-15-9-2-31-0-8-15
Net Cash Flow10-41-431513813-017

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-10.00-17.00-26.00-26.00-21.00-7.000.0013.0032.0031.0015.0057.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days117115108112120109102122104928389
Inventory Days133117110281221196315229214198201194
Days Payable131107131193185155207178223131161126
Cash Conversion Cycle1191248720015715021017394159123156
Working Capital Days9991829410582969582887688
ROCE %25%13%7%8%16%22%24%33%28%31%21%28%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Sep 2021Oct 2021Mar 2022Sep 2022Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters55.32%54.84%54.84%54.71%54.44%54.34%54.22%54.15%54.02%53.64%53.63%53.62%
FIIs0.00%0.00%0.00%0.00%0.00%0.14%0.00%0.00%0.49%0.12%0.23%0.66%
DIIs0.00%0.00%0.00%0.00%0.00%0.45%0.72%0.72%0.76%0.89%2.41%2.45%
Public44.67%45.16%45.16%45.30%45.56%45.07%45.06%45.13%44.72%45.36%43.72%43.27%
No. of Shareholders6087758791,0381,2201,1561,4493,6114,3425,4687,2497,743

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 51.8630.3535.4125.3172.91
Diluted EPS (Rs.) 51.4330.0034.9224.9272.20
Cash EPS (Rs.) 74.1643.9149.77108.66106.04
Book Value[Excl.RevalReserv]/Share (Rs.) 253.21205.11174.24409.46326.69
Book Value[Incl.RevalReserv]/Share (Rs.) 253.21205.11174.24409.46326.69
Revenue From Operations / Share (Rs.) 519.68443.38398.29930.13878.22
PBDIT / Share (Rs.) 96.1558.4765.64150.67142.60
PBIT / Share (Rs.) 77.1647.0855.76125.75124.30
PBT / Share (Rs.) 71.1942.7752.81115.25111.03
Net Profit / Share (Rs.) 55.1732.5239.8983.7487.74
NP After MI And SOA / Share (Rs.) 51.6930.2935.3175.2372.64
PBDIT Margin (%) 18.5013.1816.4816.1916.23
PBIT Margin (%) 14.8410.6114.0013.5114.15
PBT Margin (%) 13.699.6413.2512.3912.64
Net Profit Margin (%) 10.617.3310.019.009.99
NP After MI And SOA Margin (%) 9.946.838.868.088.27
Return on Networth / Equity (%) 22.2316.5122.8020.5724.82
Return on Capital Employeed (%) 26.7119.2626.6228.0534.32
Return On Assets (%) 13.448.8912.4210.9611.70
Long Term Debt / Equity (X) 0.030.050.070.030.11
Total Debt / Equity (X) 0.050.080.100.070.29
Asset Turnover Ratio (%) 1.441.421.161.051.19
Current Ratio (X) 2.892.392.862.251.98
Quick Ratio (X) 2.281.822.201.791.60
Inventory Turnover Ratio (X) 1.951.991.921.331.36
Dividend Payout Ratio (NP) (%) 3.856.585.646.556.85
Dividend Payout Ratio (CP) (%) 2.814.784.414.925.47
Earning Retention Ratio (%) 96.1593.4294.3693.4593.15
Cash Earning Retention Ratio (%) 97.1995.2295.5995.0894.53
Interest Coverage Ratio (X) 16.1013.5822.2114.3510.74
Interest Coverage Ratio (Post Tax) (X) 10.248.5514.508.977.61
Enterprise Value (Cr.) 2600.661406.591268.64399.08169.15
EV / Net Operating Revenue (X) 4.652.962.991.220.55
EV / EBITDA (X) 25.1322.4818.137.533.43
MarketCap / Net Operating Revenue (X) 4.712.993.021.260.51
Retention Ratios (%) 96.1493.4194.3593.4493.14
Price / BV (X) 10.527.237.773.201.54
Price / Net Operating Revenue (X) 4.712.993.021.260.51
EarningsYield 0.020.020.020.060.16

After reviewing the key financial ratios for Thejo Engineering Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 51.86. This value is within the healthy range. It has increased from 30.35 (Mar 23) to 51.86, marking an increase of 21.51.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 51.43. This value is within the healthy range. It has increased from 30.00 (Mar 23) to 51.43, marking an increase of 21.43.
  • For Cash EPS (Rs.), as of Mar 24, the value is 74.16. This value is within the healthy range. It has increased from 43.91 (Mar 23) to 74.16, marking an increase of 30.25.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 253.21. It has increased from 205.11 (Mar 23) to 253.21, marking an increase of 48.10.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 253.21. It has increased from 205.11 (Mar 23) to 253.21, marking an increase of 48.10.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 519.68. It has increased from 443.38 (Mar 23) to 519.68, marking an increase of 76.30.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 96.15. This value is within the healthy range. It has increased from 58.47 (Mar 23) to 96.15, marking an increase of 37.68.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 77.16. This value is within the healthy range. It has increased from 47.08 (Mar 23) to 77.16, marking an increase of 30.08.
  • For PBT / Share (Rs.), as of Mar 24, the value is 71.19. This value is within the healthy range. It has increased from 42.77 (Mar 23) to 71.19, marking an increase of 28.42.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 55.17. This value is within the healthy range. It has increased from 32.52 (Mar 23) to 55.17, marking an increase of 22.65.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 51.69. This value is within the healthy range. It has increased from 30.29 (Mar 23) to 51.69, marking an increase of 21.40.
  • For PBDIT Margin (%), as of Mar 24, the value is 18.50. This value is within the healthy range. It has increased from 13.18 (Mar 23) to 18.50, marking an increase of 5.32.
  • For PBIT Margin (%), as of Mar 24, the value is 14.84. This value is within the healthy range. It has increased from 10.61 (Mar 23) to 14.84, marking an increase of 4.23.
  • For PBT Margin (%), as of Mar 24, the value is 13.69. This value is within the healthy range. It has increased from 9.64 (Mar 23) to 13.69, marking an increase of 4.05.
  • For Net Profit Margin (%), as of Mar 24, the value is 10.61. This value exceeds the healthy maximum of 10. It has increased from 7.33 (Mar 23) to 10.61, marking an increase of 3.28.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 9.94. This value is within the healthy range. It has increased from 6.83 (Mar 23) to 9.94, marking an increase of 3.11.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 22.23. This value is within the healthy range. It has increased from 16.51 (Mar 23) to 22.23, marking an increase of 5.72.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 26.71. This value is within the healthy range. It has increased from 19.26 (Mar 23) to 26.71, marking an increase of 7.45.
  • For Return On Assets (%), as of Mar 24, the value is 13.44. This value is within the healthy range. It has increased from 8.89 (Mar 23) to 13.44, marking an increase of 4.55.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.03. This value is below the healthy minimum of 0.2. It has decreased from 0.05 (Mar 23) to 0.03, marking a decrease of 0.02.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.05. This value is within the healthy range. It has decreased from 0.08 (Mar 23) to 0.05, marking a decrease of 0.03.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.44. It has increased from 1.42 (Mar 23) to 1.44, marking an increase of 0.02.
  • For Current Ratio (X), as of Mar 24, the value is 2.89. This value is within the healthy range. It has increased from 2.39 (Mar 23) to 2.89, marking an increase of 0.50.
  • For Quick Ratio (X), as of Mar 24, the value is 2.28. This value exceeds the healthy maximum of 2. It has increased from 1.82 (Mar 23) to 2.28, marking an increase of 0.46.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.95. This value is below the healthy minimum of 4. It has decreased from 1.99 (Mar 23) to 1.95, marking a decrease of 0.04.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 3.85. This value is below the healthy minimum of 20. It has decreased from 6.58 (Mar 23) to 3.85, marking a decrease of 2.73.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 2.81. This value is below the healthy minimum of 20. It has decreased from 4.78 (Mar 23) to 2.81, marking a decrease of 1.97.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 96.15. This value exceeds the healthy maximum of 70. It has increased from 93.42 (Mar 23) to 96.15, marking an increase of 2.73.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 97.19. This value exceeds the healthy maximum of 70. It has increased from 95.22 (Mar 23) to 97.19, marking an increase of 1.97.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 16.10. This value is within the healthy range. It has increased from 13.58 (Mar 23) to 16.10, marking an increase of 2.52.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 10.24. This value is within the healthy range. It has increased from 8.55 (Mar 23) to 10.24, marking an increase of 1.69.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 2,600.66. It has increased from 1,406.59 (Mar 23) to 2,600.66, marking an increase of 1,194.07.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 4.65. This value exceeds the healthy maximum of 3. It has increased from 2.96 (Mar 23) to 4.65, marking an increase of 1.69.
  • For EV / EBITDA (X), as of Mar 24, the value is 25.13. This value exceeds the healthy maximum of 15. It has increased from 22.48 (Mar 23) to 25.13, marking an increase of 2.65.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 4.71. This value exceeds the healthy maximum of 3. It has increased from 2.99 (Mar 23) to 4.71, marking an increase of 1.72.
  • For Retention Ratios (%), as of Mar 24, the value is 96.14. This value exceeds the healthy maximum of 70. It has increased from 93.41 (Mar 23) to 96.14, marking an increase of 2.73.
  • For Price / BV (X), as of Mar 24, the value is 10.52. This value exceeds the healthy maximum of 3. It has increased from 7.23 (Mar 23) to 10.52, marking an increase of 3.29.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 4.71. This value exceeds the healthy maximum of 3. It has increased from 2.99 (Mar 23) to 4.71, marking an increase of 1.72.
  • For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Thejo Engineering Ltd as of April 4, 2025 is: 2,040.34

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 April 4, 2025, Thejo Engineering Ltd is Undervalued by 13.35% compared to the current share price 1,800.00

Intrinsic Value of Thejo Engineering Ltd as of April 4, 2025 is: 2,276.43

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 April 4, 2025, Thejo Engineering Ltd is Undervalued by 26.47% compared to the current share price 1,800.00

Last 5 Year EPS CAGR: 11.57%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 21.33%, which is a positive sign.
  2. The company has higher reserves (111.08 cr) compared to borrowings (35.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (299.08 cr) and profit (29.92 cr) over the years.
  1. The stock has a high average Working Capital Days of 89.83, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 146.00, 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 Thejo Engineering Ltd:
    1. Net Profit Margin: 10.61%
      • 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: 26.71% (Industry Average ROCE: 29.1%)
      • 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%: 22.23% (Industry Average ROE: 26.17%)
      • 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): 10.24
      • 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: 2.28
      • 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: 41.4 (Industry average Stock P/E: 42.8)
      • 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: 0.05
      • 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

Thejo Engineering Ltd. is a Public Limited Listed company incorporated on 26/03/1986 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L27209TN1986PLC012833 and registration number is 012833. Currently Company is involved in the business activities of Repair of machinery. Company's Total Operating Revenue is Rs. 391.57 Cr. and Equity Capital is Rs. 10.76 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Engineering - General3rd Floor, VDS House, No. 41, Cathedral Road, Chennai (Madras) Tamil Nadu 600086investor@thejo-engg.com
http://www.thejo-engg.com
Management
NamePosition Held
Mr. K J JosephChairman Emeritus
Mr. V A GeorgeExecutive Chairman
Mr. Thomas JohnVice Chairman
Mr. Manoj JosephManaging Director
Mr. Rajesh JohnWhole Time Director
Mrs. Sujatha JayarajanIndependent Director
Mr. Srinivas AcharyaIndependent Director
Mr. K JairajIndependent Director
Mr. Sridhar GaneshIndependent Director
Mr. Nilesh S VikamseyIndependent Director
Prof. N VenkiteswaranIndependent Director

FAQ

What is the intrinsic value of Thejo Engineering Ltd?

Thejo Engineering Ltd's intrinsic value (as of 04 April 2025) is ₹2040.34 — 13.35% higher the current market price of ₹1,800.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,952 Cr. market cap, FY2025-2026 high/low of ₹3,708/1,539, reserves of 260 Cr, and liabilities of 425 Cr.

What is the Market Cap of Thejo Engineering Ltd?

The Market Cap of Thejo Engineering Ltd is 1,952 Cr..

What is the current Stock Price of Thejo Engineering Ltd as on 04 April 2025?

The current stock price of Thejo Engineering Ltd as on 04 April 2025 is 1,800.

What is the High / Low of Thejo Engineering Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Thejo Engineering Ltd stocks is ₹3,708/1,539.

What is the Stock P/E of Thejo Engineering Ltd?

The Stock P/E of Thejo Engineering Ltd is 41.4.

What is the Book Value of Thejo Engineering Ltd?

The Book Value of Thejo Engineering Ltd is 250.

What is the Dividend Yield of Thejo Engineering Ltd?

The Dividend Yield of Thejo Engineering Ltd is 0.17 %.

What is the ROCE of Thejo Engineering Ltd?

The ROCE of Thejo Engineering Ltd is 28.3 %.

What is the ROE of Thejo Engineering Ltd?

The ROE of Thejo Engineering Ltd is 24.6 %.

What is the Face Value of Thejo Engineering Ltd?

The Face Value of Thejo Engineering Ltd is 10.0.

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 Thejo Engineering 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