What is Fine-Line Circuits share price return in the past 10 years?

Fine-Line Circuits Ltd share price has appreciated 31.5% annually (CAGR) over the past ten years.

Fine-Line Circuits Ltd - Stock Valuation and Financial Performance

Name: Fine-Line Circuits
Brand: Fine-Line Circuits

BSE: 517264 | NSE: | Electronics - Components | Small Cap

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Fine-Line Circuits Share Price

₹108 0.00 0.00%
as on 21-Mar'25 16:59

DeciZen - make an informed investing decision on Fine-Line Circuits

Based on:

Data

M-Cap below 100cr DeciZen not available

Fine-Line Circuits stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

169.13

Market Cap:

51.9 Cr.

52-wk low:

68.8

52-wk high:

114.7

Is Fine-Line Circuits Ltd an attractive stock to invest in?

1. Is Fine-Line Circuits Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Fine-Line Circuits Ltd is a below average quality company.

2. Is Fine-Line Circuits Ltd undervalued or overvalued?

The key valuation ratios of Fine-Line Circuits Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Fine-Line Circuits Ltd a good buy now?

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

10 Year X-Ray of Fine-Line Circuits:

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

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'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	4.7%	5.5%	6.8%	7.2%	6.8%	4.5%	4.5%	11.9%	4.6%	4.1%	-
Value Creation Index ⓘ	-0.7	-0.6	-0.5	-0.5	-0.5	-0.7	-0.7	-0.2	-0.7	-0.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	23.7	25.3	25.5	28.3	31.5	26.7	22.7	30.1	27.5	24.3	31
Sales YoY Gr.	-	6.8%	0.9%	10.9%	11.4%	-15.4%	-15.1%	32.7%	-8.7%	-11.6%	-
Adj EPS ⓘ	-0.3	-0.6	-0.2	-0.6	-0.3	-0.8	-0.3	1.3	-0.5	-0.2	0.6
YoY Gr.	-	NA	NA	NA	NA	NA	NA	NA	-141.5%	NA	-
BVPS (₹) ⓘ	14	14.2	14.3	14.6	15.1	15.2	15.5	17.3	17.7	17.7	18.2
Adj Net Profit ⓘ	-0.1	-0.3	-0.1	-0.3	-0.1	-0.4	-0.1	0.6	-0.3	-0.1	0
Cash Flow from Ops. ⓘ	0.6	-0.2	0.2	1	0.1	1.7	2.4	1	0.1	-1.9	-
Debt/CF from Ops. ⓘ	2.7	-15.1	14.6	4.5	71.4	3.5	1.7	3.6	121.7	-3.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	0.3%	-5.1%	2.3%	-11.6%
Adj EPS ⓘ	NA	NA	NA	NA
BVPSⓘ	2.6%	3.3%	4.5%	0.3%
Share Price	31.5%	35.2%	26%	44.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-2	-4.3	-1.1	-4.3	-1.7	-5.4	-1.7	7.9	-3.1	-0.9	3.6
Op. Profit Mgn % ⓘ	2.4	2	4.6	3.5	3.9	3.3	3.5	4.8	2	3.5	4
Net Profit Mgn % ⓘ	-0.6	-1.1	-0.3	-1.1	-0.4	-1.5	-0.6	2.1	-0.9	-0.3	1
Debt to Equity ⓘ	0.2	0.4	0.5	0.7	0.9	0.8	0.5	0.4	0.7	0.7	-
Working Cap Days ⓘ	131	131	141	138	139	163	170	129	153	195	93
Cash Conv. Cycle ⓘ	55	65	85	86	84	104	109	79	102	143	32

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.60%

Debt to equity has declined versus last 3 years average to 0.71

Sales growth is good in last 4 quarters at 29.77%

Sales growth has been subdued in last 3 years 2.33%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Fine-Line Circuits Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0.6	-
TTM Sales (₹ Cr.)	31.1	-
BVPS (₹.) ⓘ	18.2	-
Reserves (₹ Cr.) ⓘ	4	-
P/BV ⓘ	5.94	-
PE ⓘ	169.13	-

From the Market
52 Week Low / High (₹)	68.81 / 114.65
All Time Low / High (₹)	0.90 / 114.65
Market Cap (₹ Cr.)	51.9
Equity (₹ Cr.)	4.8
Face Value (₹)	10
Industry PE ⓘ	147.5

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	7.3	0.6	7.1	36.1	7	32.1	9.8	50.3
Adj EPS (₹) ⓘ	0.2	N/A	0.1	N/A	0.1	N/A	0.2	-45
Op. Profit Mgn % ⓘ	4.25	185 bps	4.11	129 bps	3.63	34 bps	4.02	-228 bps
Net Profit Mgn % ⓘ	1.29	140 bps	0.96	309 bps	0.58	195 bps	1.06	-194 bps

Management X-Ray of Fine-Line Circuits:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Fine-Line Circuits

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Fine-Line Circuits

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Syrma SGS Technology	450.4	-16.8 (-3.6%)	Small Cap	1,833	2.8	0.7	170	5.7
Kaynes Technology	4,806.9	-150.1 (-3%)	Small Cap	1,274	31.1	10	159.6	12.3
Centrum Electronics	1,583.5	-78.2 (-4.7%)	Small Cap	501	21.7	4.7	76.6	4.5
Modern Insulators	99.8	-1.7 (-1.7%)	Small Cap	443	9.8	7.8	10.3	1.1
Avalon Technologies	795.4	-12 (-1.5%)	Small Cap	442	5.4	6	149.6	7.6
Apollo Micro Systems	117.1	-6.1 (-5%)	Small Cap	372	1.8	8.6	67.4	6.4
Swelect Energy	559	3.4 (0.6%)	Small Cap	246	20.7	14.9	26.9	1.1
IKIO Technologies	250.8	-4.4 (-1.7%)	Small Cap	241	3.2	11.8	79.1	4.2
Hindusthan Urban	2,200	0 (0%)	Small Cap	234	180	-1.5	12.1	0.7
Insolation Energy	255.6	-2.7 (-1%)	Small Cap	229	0.1	1.2	-	12.8

Shows rows:

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Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	23.68	25.29	25.52	28.31	31.54	26.70	22.66	30.06	27.46	24.28
Operating Expenses ⓘ	23.13	24.78	24.35	27.31	30.32	25.82	21.86	28.60	26.92	23.48
Manufacturing Costs	7.22	7.89	7.72	8.21	8.43	8.29	7.25	7.81	6.23	5.89
Material Costs	8.97	9.42	9.27	11.40	13.62	9.44	7.96	12.95	12.19	9.35
Employee Cost	3.90	4.34	4.25	4.42	5.02	5.18	4.02	4.72	4.74	4.86
Other Costs ⓘ	3.05	3.14	3.11	3.28	3.25	2.91	2.62	3.12	3.78	3.38
Operating Profit ⓘ	0.55	0.52	1.17	0.99	1.22	0.88	0.80	1.46	0.54	0.80
Operating Profit Margin (%)	2.3%	2.0%	4.6%	3.5%	3.9%	3.3%	3.5%	4.8%	2.0%	3.3%
Other Income ⓘ	0.05	0.38	0.19	0.60	0.45	0.52	0.35	0.44	0.59	0.39
Interest ⓘ	0.39	0.36	0.53	0.65	0.70	0.69	0.50	0.48	0.55	0.50
Depreciation ⓘ	0.52	0.58	0.67	0.81	0.80	0.80	0.60	0.50	0.50	0.58
Exceptional Items ⓘ	0.29	0.18	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	-0.02	0.14	0.16	0.13	0.16	-0.09	0.06	0.92	0.07	0.11
Tax ⓘ	-0.10	0.05	0.12	0.04	0	0	0	0.04	-0.01	0
Profit After Tax	0.08	0.09	0.04	0.09	0.16	-0.09	0.05	0.88	0.07	0.11
PAT Margin (%)	0.3%	0.3%	0.1%	0.3%	0.5%	-0.3%	0.2%	2.9%	0.3%	0.4%
Adjusted EPS (₹)	0.2	0.2	0.1	0.2	0.3	-0.2	0.1	1.8	0.2	0.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	6.76	6.85	6.89	7.02	7.26	7.34	7.48	8.33	8.52	8.54
Share Capital ⓘ	4.83	4.83	4.83	4.83	4.83	4.83	4.83	4.83	4.83	4.83
Reserves ⓘ	1.94	2.02	2.07	2.19	2.43	2.51	2.66	3.50	3.69	3.72
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	1.40	2.80	3.09	4.28	6.01	5.29	3.98	3.63	6.32	6.03
Long Term Debt	1.29	1.56	1.32	1.53	1.11	0.58	0	0	0	0
Short Term Debt	0.11	1.24	1.77	2.75	4.90	4.71	3.98	3.63	6.32	6.03
Trade Payables	3.58	3.31	2.47	3.53	3.48	2.20	2.23	3.01	2.19	2.23
Others Liabilities ⓘ	0.60	1.11	1.58	1.30	1.35	1.46	1.14	1.02	1.32	0.99
Total Liabilities ⓘ	12.34	14.06	14.04	16.13	18.10	16.29	14.82	15.99	18.35	17.80
Fixed Assets
Gross Block	16.47	16.87	17.67	18.08	18.49	18.57	18.92	19.50	18.82	17.25
Accumulated Depreciation	13.31	13.89	13.81	14.51	15.20	15.73	16.33	16.83	15.99	14.41
Net Fixed Assetsⓘ	3.16	2.98	3.86	3.57	3.28	2.84	2.60	2.67	2.83	2.84
CWIP ⓘ	0.01	0	0	0	0.06	0.06	0	0	0.12	0
Investmentsⓘ	0	0	0	0.01	0.04	0.05	0.05	0.05	0.05	0.05
Inventories	4.76	5.28	5.84	6.40	6.61	5.42	5.28	5.47	6.46	8.45
Trade Receivables	2.70	3.66	3.43	4.16	4.89	4.48	3.13	4.76	4.18	4.67
Cash Equivalents	0.74	1.37	0.22	1.12	2.06	2.19	2.25	1.95	3.61	0.65
Others Assetsⓘ	0.98	0.78	0.69	0.88	1.15	1.25	1.52	1.09	1.09	1.13
Total Assets ⓘ	12.34	14.06	14.04	16.13	18.10	16.29	14.82	15.99	18.35	17.80

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	0.57	-0.20	0.23	1.01	0.09	1.65	2.43	1.02	0.05	-1.91
PBT ⓘ	-0.31	-0.21	0.16	0.13	0.16	-0.09	0.06	0.92	0.07	0.11
Adjustment ⓘ	0.61	1.03	0.99	1.06	1.32	1.37	1.02	0.75	0.90	1.02
Changes in Working Capital ⓘ	0.28	-1.01	-0.91	-0.18	-1.38	0.39	1.4	-0.64	-0.92	-3.06
Tax Paid ⓘ	-0.01	0	-0.01	0	-0.02	-0.03	-0.04	-0.02	0.01	0.02
Cash Flow From Investing Activity ⓘ	-0.82	-0.46	-1.27	-0.77	-0.53	-0.29	-0.15	-0.49	-2.69	1.56
Capex	-0.85	-0.48	-1.29	-0.80	-0.54	-0.37	-0.29	-0.57	-0.79	-0.53
Net Investments	0	0	0	-0.01	-0.04	-0.01	0	0	-2	2
Others ⓘ	0.03	0.02	0.02	0.03	0.04	0.08	0.14	0.08	0.10	0.09
Cash Flow From Financing Activityⓘ	0.82	1.29	-0.08	0.65	1.38	-1.22	-2.22	-0.83	2.30	-0.60
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	1.44	0.35	-0.21	0.22	-0.22	-0.48	-0.58	0	0	0
Interest Paid ⓘ	-0.13	-0.22	-0.40	-0.44	-0.54	-0.55	-0.44	-0.42	-0.39	-0.32
Dividend Paid ⓘ	-0.03	0	0	0	0	0	0	0	0	0
Others ⓘ	-0.45	1.16	0.52	0.88	2.15	-0.19	-1.20	-0.40	2.69	-0.28
Net Cash Flow ⓘ	0.57	0.63	-1.12	0.90	0.94	0.13	0.06	-0.30	-0.34	-0.96

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	1.14	1.26	0.52	1.34	2.3	-1.19	0.72	11.16	0.85	1.26
ROCE (%)	4.71	5.45	6.8	7.17	6.8	4.49	4.5	11.92	4.63	4.14
Asset Turnover Ratio	1.99	1.92	1.82	1.88	1.84	1.55	1.46	1.95	1.6	1.34
PAT to CFO Conversion(x)	7.13	-2.22	5.75	11.22	0.56	N/A	48.6	1.16	0.71	-17.36
Working Capital Days
Receivable Days	46	46	51	49	52	64	61	48	59	67
Inventory Days	71	72	79	79	75	82	86	65	79	112
Payable Days	152	133	114	96	94	110	102	74	78	86

Fine-Line Circuits Ltd Stock News

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Fine-Line Circuits Ltd FAQs

What is the share price of Fine-Line Circuits?

Company share prices are keep on changing according to the market conditions. The closing price of Fine-Line Circuits on 21-Mar-2025 16:59 is ₹108.0.

What is the market cap of Fine-Line Circuits?

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 21-Mar-2025 16:59 the market cap of Fine-Line Circuits stood at ₹51.92.

What is the P/E ratio of Fine-Line Circuits?

The latest P/E ratio of Fine-Line Circuits as of 21-Mar-2025 16:59 is 169.1.

What is the P/B ratio of Fine-Line Circuits?

The latest P/B ratio of Fine-Line Circuits as of 21-Mar-2025 16:59 is 5.94.

What is the 52-week high and low of Fine-Line Circuits?

The 52-week high of Fine-Line Circuits is ₹114.7 and the 52-week low is ₹68.81.

What is the TTM revenue of Fine-Line Circuits?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Fine-Line Circuits is ₹31.11 ( Cr.) .

About Fine-Line Circuits Ltd

Fine-Line Circuits Ltd (FLCL) being a 100 % export oriented unit (EOU) has been continually maintaining its capabilities to cover standard design & complexities. Given the forthcoming lead free environment, FLCL offers a variety of lead free finishes.

The company's principal activity is to manufacture electronic components. It manufactures printed circuit boards, like, rigid glass epoxy multi layer and double side, rigid CEM, rigid flex, backplane, impedance controlled, metallic heatsink and bind and buries via printed circuit boards.

Fine-Line Circuits commits itself to manufacture and deliver defect-free PCBs to manufacturing industries by continually upgrading the services, process capability, product range, and with a constant customer focus shall achieve customer satisfaction.

Product range of the company includes:

Multi Layer PCBs Complex Highcount MLBs with fine pitch SMDs on both sides. High Copper Board -- The typical high copper thickness achievable is at 210 microns. Upon request & with very special process & material they can go upto 350 micron with varying copper thickness for each layer.
Impedance Controlled PCBs Impedance controlled multilayer boards for high frequency and high speed applications.
Backplane PCBs This type of special purpose board requires very dense package of plated through holes which are structurally strong and ductile to guarantee high speed and stable electronic signal flow.
Single & Double Sided PCBs Most common PCBs for consumer and industrial electronics devices. Large volume single-sided which can be CEM or FR4 pierced and blanked with hard tools & double sided PTH Routed/Scored.

Product quality of the company confirms to