Treadsdirect Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: TREADS | Rubber Products | Small Cap

BSE Share Price
Not Listed

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Treadsdirect stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
0 Cr.
52-wk low:
0
52-wk high:
0

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Treadsdirect:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Mar'07Mar'08Mar'09Mar'10TTM
ROCE % 0%18.7%17%26%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0135151163168
Sales YoY Gr.-NA11.7%7.5%-
Adj EPS 0144.60.81.71.6
YoY Gr.-NA-99.5%117.1%-
BVPS (₹) 8.11,622.88.910.110.9
Adj Net
Profit
07.28.718.918
Cash Flow from Ops. 01.630.51.9-
Debt/CF from Ops. 0000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA7.5%
Adj EPS NANANA117.1%
BVPSNANA8%14.3%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'07Mar'08Mar'09Mar'10TTM
Return on
Equity %
015.6917.314.8
Op. Profit
Mgn %
010.59.516.915.9
Net Profit
Mgn %
05.35.811.610.6
Debt to
Equity
00000
Working Cap
Days
09115216455
Cash Conv.
Cycle
06110711151

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Treadsdirect Ltd.

Standalone Consolidated
TTM EPS (₹) 1.6 0
TTM Sales (₹ Cr.) 168 0
BVPS (₹.) 10.9 9.9
Reserves (₹ Cr.) 113 102
P/BV 0.00 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 0
Equity (₹ Cr.) 11.5
Face Value (₹) 1
Industry PE 37.1

Management X-Ray of Treadsdirect:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Treadsdirect

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10
Sales0135.39151.18162.58
Operating Expenses 0123.29136.78136.63
Manufacturing Costs013.1413.9012.14
Material Costs085.11100.1798.12
Employee Cost 07.978.508.42
Other Costs 017.0714.2117.95
Operating Profit 012.1014.4025.95
Operating Profit Margin (%) -8.9%9.5%16.0%
Other Income 01.065.414.97
Interest 00.020.050
Depreciation 04.493.372.66
Exceptional Items 0000
Profit Before Tax 08.6416.3928.25
Tax 02.885.199.58
Profit After Tax 05.7611.2018.68
PAT Margin (%) -4.3%7.4%11.5%
Adjusted EPS (₹)0.0115.31.01.6
Dividend Payout Ratio (%)0%0%17%18%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10

Equity and Liabilities

Shareholders Fund 0.0581.14101.46115.99
Share Capital 0.050.0511.4511.45
Reserves 081.0990.01104.54
Minority Interest0000
Debt0000
Long Term Debt0000
Short Term Debt0000
Trade Payables01.631.735.52
Others Liabilities 023.0916.8930.26
Total Liabilities 0.05105.86120.08151.77

Fixed Assets

Gross Block054.2154.2755
Accumulated Depreciation034.1237.0439.66
Net Fixed Assets020.0917.2315.33
CWIP 0000
Investments 0.049.9510.1810.36
Inventories027.9323.2740.01
Trade Receivables023.9624.4025.82
Cash Equivalents 0.011.8331.4933.80
Others Assets0.0122.1013.5026.45
Total Assets 0.05105.86120.08151.77

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10
Cash Flow From Operating Activity 1.5530.491.91
PBT 8.6416.3928.25
Adjustment 4.021.87-1.16
Changes in Working Capital -9.4324.58-14.11
Tax Paid -1.69-12.35-11.07
Cash Flow From Investing Activity 0.300.542.65
Capex -0.16-0.340.44
Net Investments 00.24-0.50
Others 0.460.642.71
Cash Flow From Financing Activity -0.02-1.37-2.26
Net Proceeds from Shares 000
Net Proceeds from Borrowing 000
Interest Paid -0.02-0.050
Dividend Paid 0-1.32-2.26
Others 000
Net Cash Flow 1.8229.662.31
PARTICULARSMar'07Mar'08Mar'09Mar'10
Ratios
ROE (%)014.212.2717.18
ROCE (%)018.7216.9525.98
Asset Turnover Ratio02.811.441.26
PAT to CFO Conversion(x)N/A5.290.170
Working Capital Days
Receivable Days0595454
Inventory Days0695768
Payable Days04613

Treadsdirect Ltd Stock News

Treadsdirect Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Treadsdirect on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Treadsdirect stood at ₹0.00.
The latest P/E ratio of Treadsdirect as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Treadsdirect as of 01-Jan-1970 05:30 is 0.00.
The 52-week high of Treadsdirect is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Treadsdirect is ₹168.4 ( Cr.) .

About Treadsdirect Ltd

Treadsdirect company is committed to understanding the needs as a retreader and provide the appropriate solutions through a comprehensive range of products and services such as supply of equipment, raw material, service and technology support.

Very few in the industry offer such a complete range of services. This commitment has made it  what it is today-750 customers in 45 countries, 7 manufacturing facilities in five countries producing over 25 million kilograms of retreading materials through modern manufacturing facilities backed by state of art laboratories for research and testing of metals and polymers.

The board of Coimbatore-based Elgi Rubber Company Ltd has approved proposals to amalgamate the company with Treadsdirect Ltd with effect from April 1, 2010. The board also approved de-merging certain divisions of Treadsdirect Ltd to Treadsdirect (India) Limited, which would operate as a wholly-owned subsidiary company of Elgi Rubber International Limited. The Hon'ble High Court of Judicature at Madras has passed order dated December 16, 2010, approving the Scheme of Amalgamation & Arrangement between Elgi Rubber Company Limited and Treadsdirect Limited and Elgi Rubber International Limited and Titan Tyrecare Products Limited and Treadsdirect (India) Limited. The said order was received by the Company on December 29, 2010. The Company fixed January 12, 2011 as the Record Date to determine equity shareholders of the Company entitled to receive 1 (one) equity shares of Elgi Rubber International Limited for every 4 (four) equity shares held in the Company.

Products

Retreading Equipment 

Inspection Spreaders, Tyre Buffers, Tread Builders , Envelope Expander , Curing Chambers , Expanding Hubs , Expanding Rims , Envelope Locking Rings, Envelope Sealing Flanges , Curing Rims , Dust Extractor , Cement Churner , Mono Rail Station for Chamber , Tyre Stands 

Retreading ToolsRasps And Burrs, Hand Tools , Knives , Brushes , Others 

Repair Material

Patches, Chemical Vulcanising Cement , Extruded Rope Rubber, Filler Gum

Retreading Material

Tread Rubber, Cushion Rubber, Vulcanising Cement , Aqua Coat , Curing Envelopes , Curing Tubes, Curing Flaps, Aqua Lube

Repair Equipment  Tyre Vulcaniser , Extruder Gun

 

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