Is Pritika Engineering Components a good quality company?

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

Is Pritika Engineering Components undervalued or overvalued?

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

What is Pritika Engineering Components share price return in the past 10 years?

Data is not available for this company

Is Pritika Engineering Components a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Pritika Engineering Components Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the P/E ratio of Pritika Engineering Components?

The latest standalone P/E ratio of Pritika Engineering Components as of 01-Jan-1970 is 55.50.

What is the P/B ratio of Pritika Engineering Components?

The latest standalone P/B ratio of Pritika Engineering Components as of 01-Jan-1970 is 5.69.

What is the 52-week high and low of Pritika Engineering Components?

The 52-week high of Pritika Engineering Components is Rs. 0.00 and the 52-week low is Rs. 0.00.

Pritika Engineering Components Ltd - Stock Valuation and Financial Performance

Name: Pritika Engineering Components
Brand: Pritika Engineering Components

BSE: 0 | NSE: PRITIKA | Auto Ancillary | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Pritika Engg. Compnt:

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'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	-0.4%	6.6%	7.5%	8.3%	21.2%	16.1%	12.2%	-
Value Creation Index ⓘ	-1.0	-0.5	-0.5	-0.4	0.5	0.2	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0	16.5	21.7	32.1	53.6	82.3	87.2	95
Sales YoY Gr.	-	NA	31.7%	47.9%	67.2%	53.6%	5.9%	-
Adj EPS ⓘ	-0.2	0.2	0.3	0.5	3.8	3.3	2.8	3.4
YoY Gr.	-	NA	86.7%	78.6%	666%	-15.1%	-13.2%	-
BVPS (₹) ⓘ	9.7	9.9	10.8	16.5	21.6	25.4	30.6	32.6
Adj Net Profit ⓘ	-0.1	0.1	0.1	0.4	2.9	3.5	3.7	4
Cash Flow from Ops. ⓘ	-14.2	11.2	0.9	2.5	0.2	2.9	3	-
Debt/CF from Ops. ⓘ	-0.8	1.7	22.4	8.6	135.8	10	15.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	39.6%	39.6%	5.9%
Adj EPS ⓘ	NA	79.8%	78%	-13.2%
BVPSⓘ	NA	25.2%	22.8%	20.6%
Share Price	-	-	-	151.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-2.4	1.6	2.7	4.2	20.1	16	10.9	10.6
Op. Profit Mgn % ⓘ	0	10.9	11.9	9.8	11.8	12.5	13.1	14.1
Net Profit Mgn % ⓘ	0	0.5	0.6	1.2	5.5	4.3	4.3	4.6
Debt to Equity ⓘ	2.6	3.7	3.8	1.7	1.5	1	1.2	0.8
Working Cap Days ⓘ	0	301	216	170	152	142	162	68
Cash Conv. Cycle ⓘ	0	75	127	108	92	81	91	18

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 39.56%

Net Profit is growing at healthy rate in last 3 years 78.00%

Sales growth is good in last 4 quarters at 14.18%

Return on Equity has declined versus last 3 years average to 10.60%

Debt to equity has increased versus last 3 years average to 1.15

Latest Financials - Pritika Engineering Components Ltd.

	Standalone	Consolidated
TTM EPS (₹)	3.4	3.1
TTM Sales (₹ Cr.)	95.1	97.9
BVPS (₹.) ⓘ	32.6	32.1
Reserves (₹ Cr.) ⓘ	30	29
P/BV ⓘ	5.69	5.79
PE ⓘ	55.50	59.78

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	245
Equity (₹ Cr.)	13.2
Face Value (₹)	10
Industry PE ⓘ	51.1

Management X-Ray of Pritika Engg. Compnt:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Pritika Engg. Compnt

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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 Pritika Engg. Compnt

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'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	0	16	22	32	54	82	87
Operating Expenses ⓘ	0	15	19	29	47	72	76
Manufacturing Costs	0	4	4	8	9	13	15
Material Costs	0	9	12	18	34	52	53
Employee Cost	0	1	2	2	3	4	5
Other Costs ⓘ	0	1	1	1	2	2	3
Operating Profit ⓘ	0	2	3	3	6	10	11
Operating Profit Margin (%)	-	10.9%	11.9%	9.8%	11.8%	12.5%	13.1%
Other Income ⓘ	0	0	0	0	4	0	0
Interest ⓘ	0	1	2	2	2	4	4
Depreciation ⓘ	0	1	1	1	2	3	3
Exceptional Items ⓘ	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0	0	0	1	6	4	5
Tax ⓘ	0	0	0	0	0	1	1
Profit After Tax	0	0	0	0	5	4	4
PAT Margin (%)	-	0.5%	0.6%	1.2%	10.2%	4.3%	4.3%
Adjusted EPS (₹)	-0.2	0.2	0.3	0.5	7.2	3.3	2.8
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	4	5	5	13	17	28	40
Share Capital ⓘ	5	5	5	8	8	11	13
Reserves ⓘ	0	0	0	5	9	17	27
Minority Interest	0	0	0	0	0	0	0
Debt	11	18	20	20	22	25	41
Long Term Debt	11	16	17	17	17	14	31
Short Term Debt	0	2	3	3	5	11	10
Trade Payables	0	3	2	4	7	8	6
Others Liabilities ⓘ	0	11	14	20	25	32	22
Total Liabilities ⓘ	16	37	41	56	71	92	109
Fixed Assets
Gross Block	0	17	18	35	45	52	69
Accumulated Depreciation	0	1	1	2	4	7	10
Net Fixed Assetsⓘ	0	17	17	33	41	45	58
CWIP ⓘ	0	6	10	2	1	1	0
Investmentsⓘ	0	0	2	3	0	8	8
Inventories	0	5	6	10	10	15	18
Trade Receivables	0	5	5	5	14	13	11
Cash Equivalents	1	0	0	1	1	1	1
Others Assetsⓘ	14	3	2	3	3	8	12
Total Assets ⓘ	16	37	41	56	71	92	109

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-14	11	1	3	0	3	3
PBT ⓘ	0	0	0	1	6	4	5
Adjustment ⓘ	0	2	2	3	0	6	6
Changes in Working Capital ⓘ	-14	9	-2	-1	-6	-7	-8
Tax Paid ⓘ	0	0	0	0	0	0	0
Cash Flow From Investing Activity ⓘ	0	-24	-5	-11	-4	-14	-15
Capex	0	-24	-4	-11	-9	-6	-16
Net Investments	0	0	0	0	5	-9	0
Others ⓘ	0	0	-1	1	0	0	0
Cash Flow From Financing Activityⓘ	16	12	4	8	4	12	12
Net Proceeds from Shares ⓘ	5	0	0	7	0	8	9
Net Proceeds from Borrowing ⓘ	11	11	5	3	4	1	6
Interest Paid ⓘ	0	-1	-2	-2	-2	-3	-4
Dividend Paid ⓘ	0	0	0	0	0	0	0
Others ⓘ	0	2	1	0	2	6	1
Net Cash Flow ⓘ	1	-1	0	0	0	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	-2.45	1.63	2.66	4.24	37.73	16.04	10.93
ROCE (%)	-0.36	6.63	7.5	8.26	21.18	16.09	12.23
Asset Turnover Ratio	0	0.63	0.56	0.66	0.84	1.01	0.87
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	0	0.75	0.75
Working Capital Days
Receivable Days	0	113	86	57	64	61	51
Inventory Days	0	110	89	87	68	57	70
Payable Days	0	59	74	58	59	51	45

Pritika Engineering Components Ltd Stock News

Pritika Engineering Components Ltd FAQs

What is the share price of Pritika Engg. Compnt?

Company share prices are keep on changing according to the market conditions. The closing price of Pritika Engg. Compnt on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Pritika Engg. Compnt?

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 Pritika Engg. Compnt stood at ₹244.9.

What is the P/E ratio of Pritika Engg. Compnt?

The latest P/E ratio of Pritika Engg. Compnt as of 01-Jan-1970 05:30 is 55.50.

What is the P/B ratio of Pritika Engg. Compnt?

The latest P/B ratio of Pritika Engg. Compnt as of 01-Jan-1970 05:30 is 5.69.

What is the 52-week high and low of Pritika Engg. Compnt?

The 52-week high of Pritika Engg. Compnt is ₹0.00 and the 52-week low is ₹0.00.

What is the TTM revenue of Pritika Engg. Compnt?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pritika Engg. Compnt is ₹95.06 ( Cr.) .

About Pritika Engineering Components Ltd

The company was incorporated as ‘Pritika Engineering Components Private Limited’ as a private limited company under the Companies Act, 2013 with the Registrar of Companies, Chandigarh dated February 20, 2018 at its registered office situated at Plot No.C-94, Phase-VII Industrial Focal Point, S.A.S Nagar, Mohali, Punjab. Pursuant to a special resolution of its Shareholders passed in the extra-ordinary general meeting held on April 16, 2022, the Company was converted from a private limited company to public limited company and consequently, the name of the Company was changed to ‘Pritika Engineering Components Limited’, and a fresh certificate of incorporation dated April 21, 2022 was issued to the Company by the Registrar of Companies, Chandigarh.

The company caters to the tractor industry in the automotive sector with major dependency on Original Equipment Manufacturers. It supplies its product directly to OEM and through its promoter company Pritika Auto Industries and group company Pritika Industries. The company manufactures various Tractors & Automobile components like End Cover, Cover Sealed Brake, Differential Case, Cover Hydraulic Lift, Cover Transcase, Front Wheel hub, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc.

Business area of the company

The company is engaged in the business of manufacturing of precision machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles, etc.

Major Events and Milestones

2018: The company was incorporated as a private limited company under the name Pritika Engineering Components Private Limited.
2021: The company has increased Installed capacity from 9600 MT to 12000 MT.
2022: The company was converted from a private limited company to a public limited company and its name was changed to Pritika Engineering Components Limited.
2022: The company has subscribed in the shares of Meeta Castings Limited (MCL), MCL being the wholly owned subsidiary of the company.