Is Pradeep Metals a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Pradeep Metals Ltd is a below average quality company .

Is Pradeep Metals undervalued or overvalued?

The key valuation ratios of Pradeep Metals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Pradeep Metals share price return in the past 10 years?

Pradeep Metals Ltd share price has appreciated 25.3% annually (CAGR) over the past ten years.

Is Pradeep Metals a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Pradeep Metals Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Pradeep Metals Ltd - Stock Valuation and Financial Performance

Name: Pradeep Metals
Brand: Pradeep Metals

BSE: 513532 | NSE: | Engineering - Industrial Equipments | Small Cap

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Pradeep Metals Share Price

₹230.70 0.85 0.37%
as on 29-May'24 16:01

DeciZen - make an informed investing decision on Pradeep Metals

Based on:

Data

Overall Rating ⓘ
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

3. Price Trend

Pradeep Metals stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

21.77

Market Cap:

394.7 Cr.

52-wk low:

137.2

52-wk high:

284

Is Pradeep Metals Ltd an attractive stock to invest in?

10 Year X-Ray of Pradeep Metals: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	9.8%	10.2%	6.9%	7%	8.9%	12.2%	12.3%	6.5%	10.2%	13.1%	-
Value Creation Index ⓘ	-0.3	-0.3	-0.5	-0.5	-0.4	-0.1	-0.1	-0.5	-0.3	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	114	131	119	121	142	175	176	141	207	246	251
Sales YoY Gr.	-	14.8%	-8.8%	1.9%	16.9%	23.2%	0.7%	-19.6%	46.5%	18.7%	-
Adj EPS ⓘ	3	3.9	1.7	2.6	3.9	6.7	7.4	3.5	6.7	10	10.5
YoY Gr.	-	27.9%	-56.9%	56%	51.7%	70.7%	10.1%	-53%	93.4%	49.2%	-
BVPS (₹) ⓘ	19.6	21.4	22.8	25.6	30.3	37.1	42.5	46.2	53.5	61.5	70.7
Adj Net Profit ⓘ	5.2	6.7	2.9	4.5	6.8	11.6	12.8	6	11.6	17.3	18
Cash Flow from Ops. ⓘ	8.5	0.5	22.1	14.6	19.6	11.5	36.1	34	4.5	26.3	-
Debt/CF from Ops. ⓘ	5.5	161.1	3.3	5.5	3.8	6.8	1.7	1.6	14	2.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9%	11.6%	11.8%	18.7%
Adj EPS ⓘ	14.3%	20.6%	10.6%	49.2%
BVPSⓘ	13.6%	15.2%	13.1%	15%
Share Price	25.3%	28.5%	67.5%	47.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	16.3	18.8	7.5	10.7	14.1	19.9	18.6	7.8	13.5	17.4	15.9
Op. Profit Mgn % ⓘ	11.2	12.9	11.6	13	13.8	15.4	17	14.4	12.4	13.9	13.1
Net Profit Mgn % ⓘ	4.6	5.1	2.4	3.7	4.8	6.6	7.3	4.2	5.6	7	7.2
Debt to Equity ⓘ	1.4	2	1.8	1.8	1.4	1.2	0.8	0.7	0.7	0.6	0.1
Working Cap Days ⓘ	241	233	257	247	229	211	210	253	204	201	76
Cash Conv. Cycle ⓘ	147	159	183	170	151	136	147	159	108	106	19

Recent Performance Summary

Latest Financials - Pradeep Metals Ltd.

	Standalone	Consolidated
TTM EPS (₹)	10.5	12.9
TTM Sales (₹ Cr.)	251	277
BVPS (₹.) ⓘ	70.7	66
Reserves (₹ Cr.) ⓘ	105	97
P/BV ⓘ	3.23	3.47
PE ⓘ	21.77	17.71

From the Market
52 Week Low / High (₹)	137.20 / 284.00
All Time Low / High (₹)	0.10 / 284.00
Market Cap (₹ Cr.)	395
Equity (₹ Cr.)	17.3
Face Value (₹)	10
Industry PE ⓘ	62.8

Management X-Ray of Pradeep Metals:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Pradeep Metals

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Pradeep Metals

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	114	131	119	121	142	175	176	141	207	246
Operating Expenses ⓘ	101	114	105	106	123	148	147	122	182	212
Manufacturing Costs	23	25	24	27	27	34	35	29	42	51
Material Costs	55	65	56	53	64	81	78	60	100	115
Employee Cost	14	14	16	16	18	20	21	21	24	28
Other Costs ⓘ	8	10	9	10	13	14	12	12	16	18
Operating Profit ⓘ	13	17	14	15	19	27	29	20	25	34
Operating Profit Margin (%)	11.2%	12.9%	11.5%	12.8%	13.7%	15.4%	16.6%	13.9%	12.2%	13.8%
Other Income ⓘ	2	2	2	2	3	1	2	2	6	4
Interest ⓘ	3	4	7	6	6	7	6	4	4	5
Depreciation ⓘ	2	3	4	4	4	4	5	5	6	6
Exceptional Items ⓘ	0	0	0	0	0	0	-3	-3	-1	-1
Profit Before Tax ⓘ	9	12	5	8	12	17	17	10	19	25
Tax ⓘ	3	4	1	3	4	5	4	3	5	6
Profit After Tax	6	8	4	5	8	12	13	6	14	19
PAT Margin (%)	5.3%	6.0%	3.2%	4.2%	5.8%	6.8%	7.3%	4.4%	6.9%	7.6%
Adjusted EPS (₹)	3.5	4.5	2.2	3.0	4.7	6.9	7.5	3.6	8.3	10.8
Dividend Payout Ratio (%)	34%	26%	28%	0%	0%	14%	13%	28%	18%	19%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	34	37	39	44	52	64	73	80	92	106
Share Capital ⓘ	17	17	17	17	17	17	17	17	17	17
Reserves ⓘ	17	20	22	27	35	47	56	63	75	89
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	44	71	69	74	67	70	53	42	57	54
Long Term Debt	1	10	12	15	19	15	10	19	15	12
Short Term Debt	42	60	58	60	48	55	43	23	42	42
Trade Payables	9	8	6	9	14	16	10	18	21	24
Others Liabilities ⓘ	18	13	15	21	22	25	23	24	20	21
Total Liabilities ⓘ	105	128	130	148	155	176	159	164	190	205
Fixed Assets
Gross Block	43	53	64	49	57	61	74	74	78	85
Accumulated Depreciation	22	24	27	5	9	13	18	22	26	30
Net Fixed Assetsⓘ	20	29	37	44	48	48	56	52	52	55
CWIP ⓘ	2	7	3	7	3	11	2	1	2	5
Investmentsⓘ	0	3	5	9	9	9	6	8	7	5
Inventories	31	36	30	25	28	32	30	26	34	39
Trade Receivables	32	38	35	45	48	59	54	46	60	62
Cash Equivalents	0	0	0	2	2	1	0	0	1	1
Others Assetsⓘ	19	15	20	16	18	17	11	29	35	40
Total Assets ⓘ	105	128	130	148	155	176	159	164	190	205

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	8	0	22	15	20	12	36	34	5	26
PBT ⓘ	9	12	5	8	12	17	17	10	19	25
Adjustment ⓘ	5	5	12	9	9	11	14	12	10	13
Changes in Working Capital ⓘ	-3	-13	6	-1	2	-11	10	17	-19	-4
Tax Paid ⓘ	-2	-3	-2	-2	-3	-5	-4	-4	-6	-7
Cash Flow From Investing Activity ⓘ	-4	-20	-10	-16	-7	-10	-6	-23	-8	-13
Capex	-4	-18	-7	-15	-5	-11	-7	-2	-7	-15
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	-3	-3	-1	-2	1	0	-21	-1	1
Cash Flow From Financing Activityⓘ	-4	20	-12	3	-13	-2	-30	-11	4	-13
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	8	3	7	5	-2	-6	12	-9	-3
Interest Paid ⓘ	-3	-2	-7	-5	-6	-7	-6	-4	-4	-5
Dividend Paid ⓘ	-2	-2	-4	0	0	0	-4	0	-2	-4
Others ⓘ	1	17	-5	2	-12	7	-14	-19	19	0
Net Cash Flow ⓘ	0	0	0	2	-1	-1	0	0	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	18.91	22.16	9.85	12.33	16.98	20.53	18.75	8.07	16.53	18.77
ROCE (%)	16.16	17.22	10.78	11.25	14.29	17.65	16.69	10	16.44	18.94
Asset Turnover Ratio	1.19	1.15	0.96	0.91	0.94	1.06	1.05	0.88	1.17	1.24
PAT to CFO Conversion(x)	1.33	0	5.5	3	2.5	1	2.77	5.67	0.36	1.37
Working Capital Days
Receivable Days	95	95	108	115	119	112	117	129	94	90
Inventory Days	97	92	98	80	67	62	64	72	53	55
Payable Days	71	48	43	49	64	69	62	87	72	71

Pradeep Metals Ltd Stock News

Pradeep Metals Ltd FAQs

What is the share price of Pradeep Metals?

Company share prices are keep on changing according to the market conditions. The closing price of Pradeep Metals on 29-May-2024 16:01 is ₹230.7.

What is the market cap of Pradeep Metals?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 29-May-2024 16:01 the market cap of Pradeep Metals stood at ₹394.7.

What is the P/E ratio of Pradeep Metals?

The latest P/E ratio of Pradeep Metals as of 29-May-2024 16:01 is 21.77.

What is the P/B ratio of Pradeep Metals?

The latest P/B ratio of Pradeep Metals as of 29-May-2024 16:01 is 3.23.

What is the 52-week high and low of Pradeep Metals?

The 52-week high of Pradeep Metals is ₹284.0 and the 52-week low is ₹137.2.

What is the TTM revenue of Pradeep Metals?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pradeep Metals is ₹251.2 ( Cr.) .

About Pradeep Metals Ltd

Pradeep Metals Ltd.started as a private limited company in 1982 and commenced manufacturing precision closed die steel forgings at Dombivli, near Mumbai with an annual installed capacity of 1200 tons. In 1989 the capacity was increased to 2400 tons.

On the strength of excellent all-round performance and wide customer base, Pradeep Metals set up a modern integrated forging plant in 1994 with state-of-the-art technology incorporating forging presses, induction billet heaters and sophisticated die making facilities. With an enhanced annual capacity of 12000 tons in the hands of experienced technocrats & ISO 9002 certification, Pradeep Metals manufactures forgings for the defence, automobile, engineering and petrochemical industries, both for domestic and international markets.

The 'Pradeep Metals' family comprises of an eminent Board of Directors with long experience in managing large industrial corporations, 15000 shareholders all over the world and a workforce of more than 250 dedicated employees.

In line with company philosophy of keeping abreast of the latest in technology development in the world, Pradeep Metals has installed the intergreated ANVIL-5000 mechanical CADD / CAM/ CAE system.

Product range of the company includes: