BSE: 544336 | NSE: QUADFUTURE | Cable |
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Quadrant Future Tek Ltd is a below average quality company.
The key valuation ratios of Quadrant Future Tek Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Quadrant Future Tek Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 15.1% | 8.4% | 22.9% | 23.1% | - |
| Value Creation Index ⓘ | 0.1 | -0.4 | 0.6 | 0.7 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 72.8 | 104 | 153 | 152 | 152 |
| Sales YoY Gr. | - | 43.2% | 46.6% | -0.7% | - |
| Adj EPS ⓘ | 1.6 | 0.7 | 4.6 | 4.9 | 3.7 |
| YoY Gr. | - | -59.4% | 609.2% | 6.3% | - |
| BVPS (₹) ⓘ | 4.6 | 5.2 | 9.8 | 14.7 | 88.5 |
| Adj Net Profit ⓘ | 4.8 | 1.9 | 13.8 | 14.7 | 15 |
| Cash Flow from Ops. ⓘ | 5.6 | -4.6 | 29.9 | 18.5 | - |
| Debt/CF from Ops. ⓘ | 7.3 | -17.6 | 2.5 | 4.4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 27.7% | -0.7% | ||||
| Adj EPS ⓘ | NA | NA | 45.2% | 6.3% | ||||
| BVPSⓘ | NA | NA | 47.6% | 49.9% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 35 | 13.2 | 61.4 | 40 | 7.1 |
| Op. Profit Mgn % ⓘ | 15.4 | 9.1 | 17.3 | 24.1 | NAN |
| Net Profit Mgn % ⓘ | 6.6 | 1.9 | 9 | 9.7 | 9.7 |
| Debt to Equity ⓘ | 3 | 5.2 | 2.5 | 1.9 | - |
| Working Cap Days ⓘ | 0 | 161 | 129 | 132 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 114 | 82 | 92 | 0 |
Sales growth is growing at healthy rate in last 3 years 27.73%
Net Profit is growing at healthy rate in last 3 years 45.22%
Debt to equity has declined versus last 3 years average to 1.85
Return on Equity has declined versus last 3 years average to 7.10%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 3.7 | - |
| TTM Sales (₹ Cr.) | 152 | - |
| BVPS (₹.) ⓘ | 88.5 | - |
| Reserves (₹ Cr.) ⓘ | 314 | - |
| P/BV ⓘ | 5.07 | - |
| PE ⓘ | 122.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 367.00 / 448.75 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 1,795 |
| Equity (₹ Cr.) | 40 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 52.5 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 73 | 104 | 153 | 152 |
| Operating Expenses ⓘ | 62 | 95 | 126 | 115 |
| Manufacturing Costs | 3 | 3 | 4 | 4 |
| Material Costs | 47 | 80 | 110 | 88 |
| Employee Cost | 3 | 7 | 5 | 12 |
| Other Costs ⓘ | 8 | 5 | 7 | 11 |
| Operating Profit ⓘ | 11 | 9 | 26 | 37 |
| Operating Profit Margin (%) | 15.4% | 9.1% | 17.3% | 24.1% |
| Other Income ⓘ | 0 | 0 | 0 | 0 |
| Interest ⓘ | 2 | 3 | 3 | 4 |
| Depreciation ⓘ | 3 | 3 | 4 | 10 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 6 | 3 | 20 | 22 |
| Tax ⓘ | 1 | 1 | 6 | 7 |
| Profit After Tax | 5 | 2 | 14 | 15 |
| PAT Margin (%) | 6.6% | 1.9% | 9.1% | 9.7% |
| Adjusted EPS (₹) | 1.6 | 0.7 | 4.6 | 4.9 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 14 | 16 | 29 | 44 | ||||||
| Share Capital ⓘ | 10 | 10 | 10 | 10 | ||||||
| Reserves ⓘ | 4 | 6 | 19 | 34 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 38 | 77 | 68 | 72 | ||||||
| Long Term Debt | 18 | 56 | 49 | 48 | ||||||
| Short Term Debt | 20 | 21 | 19 | 25 | ||||||
| Trade Payables | 1 | 14 | 6 | 7 | ||||||
| Others Liabilities ⓘ | 5 | 6 | 14 | 20 | ||||||
| Total Liabilities ⓘ | 59 | 113 | 119 | 143 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 29 | 34 | 39 | 49 | ||||||
| Accumulated Depreciation | 11 | 14 | 18 | 21 | ||||||
| Net Fixed Assetsⓘ | 18 | 20 | 21 | 28 | ||||||
| CWIP ⓘ | 6 | 33 | 48 | 53 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 15 | 24 | 19 | 20 | ||||||
| Trade Receivables | 17 | 27 | 23 | 32 | ||||||
| Cash Equivalents | 0 | 0 | 1 | 1 | ||||||
| Others Assetsⓘ | 2 | 8 | 7 | 9 | ||||||
| Total Assets ⓘ | 59 | 113 | 119 | 143 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 6 | -5 | 30 | 18 |
| PBT ⓘ | 6 | 3 | 20 | 22 |
| Adjustment ⓘ | 5 | 7 | 7 | 15 |
| Changes in Working Capital ⓘ | -3 | -13 | 5 | -10 |
| Tax Paid ⓘ | -3 | -1 | -1 | -8 |
| Cash Flow From Investing Activity ⓘ | -8 | -32 | -20 | -21 |
| Capex | -8 | -32 | -20 | -22 |
| Net Investments | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 3 | 36 | -10 | 3 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 5 | 35 | -7 | -1 |
| Interest Paid ⓘ | -2 | -3 | -3 | -4 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 4 | 0 | 9 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 0 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 35.1 | 13.26 | 61.76 | 40.02 | ||||||
| ROCE (%) | 15.07 | 8.37 | 22.88 | 23.06 | ||||||
| Asset Turnover Ratio | 1.24 | 1.23 | 1.32 | 1.16 | ||||||
| PAT to CFO Conversion(x) | 1.2 | -2.5 | 2.14 | 1.2 | Working Capital Days | |||||
| Receivable Days | 85 | 76 | 60 | 66 | ||||||
| Inventory Days | 77 | 69 | 51 | 47 | ||||||
| Payable Days | 9 | 34 | 34 | 27 | ||||||
Quadrant Future Tek Limited was incorporated as ‘Quadrant Cables Private Limited’ on September 18, 2015 at Mohali as private limited company under the Companies Act, 2013. Thereafter, the name of the company was changed from ‘Quadrant Cables Private Limited’ to ‘Quadrant Future Tek Private Limited’, and a fresh certificate of incorporation dated October 08, 2021 was issued by Registrar of Companies, Punjab and Chandigarh (RoC). Subsequently, the company was converted into a public limited company, the word ‘private’ was struck off from the name of the company and consequently, a fresh certificate of incorporation dated October 21, 2021 was issued by the RoC, recording the change of the company’s name to ‘Quadrant Future Tek Limited’.
Quadrant Future Tek is a research-oriented company, engaged in developing new generation Train Control and Signalling Systems under KAVACH project of the Indian Railways that offers the highest level of safety and reliability to rail passengers and also possess a Speciality cable manufacturing facility with Electron Beam Irradiation Centre. The speciality cables manufactured by the company is used in Railways rolling stock and Naval (Defence) industry. Its facility also possess end to end infrastructure capabilities for production of Solar & EV Cables. The company has one facility for manufacturing, testing, researching, and developing specialty cables and also to manufacture the hardware required for Train Control & Signalling Division, which is situated at Village Basma Tehsil Banur, Distt Mohali.
The company offers Speciality Cables for the industrial usage and other applications where fire and safety, light weight and long-term performance are of utmost importance. The in-house formulated low smoke fire resistant polymers for insulation / sheath of the cables are treated with Electron Beam radiations that enable the cross-linking of the molecules to achieve much superior mechanical and thermal properties. The higher temperature-bearing capacity enables the industry users to specify lower cross-section conductor / cable sizes that enables significant weight reduction.
Business area of the company
The company is engaged in the business of manufacturing of speciality cables and design, development & manufacturing of embedded systems for railway signalling & train control applications.
Products of the company
Speciality cables
Train control systems
Interconnect products
History and milestones
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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