Is TVS Srichakra a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that TVS Srichakra Ltd is a average quality company .

Is TVS Srichakra undervalued or overvalued?

The key valuation ratios of TVS Srichakra Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is TVS Srichakra share price return in the past 10 years?

TVS Srichakra Ltd share price has appreciated 7.8% annually (CAGR) over the past ten years.

Is TVS Srichakra a good buy now?

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

TVS Srichakra Ltd - Stock Valuation and Financial Performance

Name: TVS Srichakra
Brand: TVS Srichakra

BSE: 509243 | NSE: TVSSRICHAK | Tyres & Allied | Small Cap

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TVS Srichakra Share Price

₹3,522.75 -90.30 -2.50%
as on 21-Nov'24 16:59

10 Year X-Ray of TVS Srichakra:

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'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	29.5%	55%	32.5%	21.9%	18.1%	11.3%	12.3%	7.2%	8.9%	10.7%	-
Value Creation Index ⓘ	1.1	2.9	1.3	0.6	0.3	-0.2	-0.1	-0.5	-0.4	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	2,176	2,185	1,961	2,152	2,431	2,104	1,939	2,543	2,985	2,926	3,117
Sales YoY Gr.	-	0.4%	-10.3%	9.8%	13%	-13.5%	-7.8%	31.1%	17.4%	-2%	-
Adj EPS ⓘ	144.9	238	194	-1.3	137.2	107.2	98.9	57.7	108.3	149.2	84.7
YoY Gr.	-	64.2%	-18.5%	-100.7%	NA	-21.8%	-7.8%	-41.7%	87.8%	37.7%	-
BVPS (₹) ⓘ	368.5	538	732.5	834.1	950.7	972.5	1,076.7	1,267.4	1,350.1	1,451.9	1,404.2
Adj Net Profit ⓘ	111	182	149	-1	105	82.1	75.7	44.2	83	114	65
Cash Flow from Ops. ⓘ	244	400	63.7	185	64	299	307	-62.1	206	228	-
Debt/CF from Ops. ⓘ	1.1	0.4	4.9	1.7	6.7	1.2	0.7	-9.8	3.2	3.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	3.3%	3.8%	14.7%	-2%
Adj EPS ⓘ	0.3%	1.7%	14.7%	37.7%
BVPSⓘ	16.5%	8.8%	10.5%	7.5%
Share Price	7.8%	14.5%	17.1%	-28%

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 % ⓘ	44.8	52.5	30.5	-0.2	15.4	11.2	9.7	4.9	8.3	10.7	5.9
Op. Profit Mgn % ⓘ	10.3	15.6	14.6	11.9	11	10.3	12	6.7	7.9	10.3	8.3
Net Profit Mgn % ⓘ	5	8.6	7.7	5.5	4.3	3.9	3.9	1.7	2.8	3.9	2.1
Debt to Equity ⓘ	1	0.4	0.6	0.5	0.6	0.5	0.3	0.6	0.6	0.8	0.4
Working Cap Days ⓘ	94	80	103	118	127	153	146	131	131	134	62
Cash Conv. Cycle ⓘ	40	36	52	62	64	74	68	64	63	58	1

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 14.70%

Net Profit is growing at healthy rate in last 3 years 14.70%

Debt to equity has declined versus last 3 years average to 0.75

Return on Equity has declined versus last 3 years average to 5.90%

Sales growth is not so good in last 4 quarters at 9.20%

Latest Financials - TVS Srichakra Ltd.

	Standalone	Consolidated
TTM EPS (₹)	101	84.7
TTM Sales (₹ Cr.)	2,905	3,117
BVPS (₹.) ⓘ	1,423.1	1,404.2
Reserves (₹ Cr.) ⓘ	1,082	1,068
P/BV ⓘ	2.54	2.57
PE ⓘ	35.78	42.65

From the Market
52 Week Low / High (₹)	3500.05 / 5094.95
All Time Low / High (₹)	10.00 / 5094.95
Market Cap (₹ Cr.)	2,767
Equity (₹ Cr.)	7.7
Face Value (₹)	10
Industry PE ⓘ	29

Management X-Ray of TVS Srichakra:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of TVS Srichakra

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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 TVS Srichakra

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'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	2,176	2,185	1,961	2,152	2,431	2,104	1,939	2,543	2,985	2,926
Operating Expenses ⓘ	1,958	1,858	1,676	1,899	2,168	1,887	1,709	2,373	2,751	2,625
Manufacturing Costs	127	135	149	155	177	245	225	292	331	318
Material Costs	1,310	1,208	1,089	1,270	1,477	1,134	1,041	1,498	1,768	1,610
Employee Cost	187	216	207	234	268	263	259	295	308	341
Other Costs ⓘ	334	299	232	240	246	245	184	289	344	356
Operating Profit ⓘ	219	326	284	253	263	217	230	170	234	301
Operating Profit Margin (%)	10.1%	14.9%	14.5%	11.8%	10.8%	10.3%	11.9%	6.7%	7.8%	10.3%
Other Income ⓘ	4	23	5	15	12	10	5	6	9	7
Interest ⓘ	33	22	22	31	37	39	33	34	44	48
Depreciation ⓘ	42	44	56	69	85	100	104	80	92	104
Exceptional Items ⓘ	-11	0	0	0	0	0	0	-3	-5	-9
Profit Before Tax ⓘ	137	284	211	169	153	87	98	59	101	146
Tax ⓘ	39	93	61	52	50	5	24	16	24	38
Profit After Tax	98	191	150	117	103	82	74	43	78	108
PAT Margin (%)	4.5%	8.8%	7.6%	5.5%	4.2%	3.9%	3.8%	1.7%	2.6%	3.7%
Adjusted EPS (₹)	130.1	243.0	192.7	-3.5	134.4	107.5	96.5	56.8	101.8	140.9
Dividend Payout Ratio (%)	26%	25%	26%	-1,152%	30%	19%	31%	29%	31%	34%

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	282	412	561	639	728	745	825	971	1,034	1,112
Share Capital ⓘ	8	8	8	8	8	8	8	8	8	8
Reserves ⓘ	275	404	553	631	721	737	817	963	1,027	1,104
Minority Interest	31	0	0	0	0	-0	-0	-0	-0	-1
Debt	243	131	300	301	417	330	147	555	615	777
Long Term Debt	130	44	24	8	47	129	105	363	324	432
Short Term Debt	113	87	276	293	370	201	42	191	291	345
Trade Payables	188	114	201	174	335	218	292	417	413	402
Others Liabilities ⓘ	226	313	329	312	329	324	358	417	391	403
Total Liabilities ⓘ	970	969	1,391	1,426	1,809	1,616	1,622	2,359	2,453	2,693
Fixed Assets
Gross Block	571	401	604	761	891	1,015	1,097	1,219	1,506	1,785
Accumulated Depreciation	190	42	98	166	254	353	456	535	625	726
Net Fixed Assetsⓘ	382	359	506	595	638	662	641	684	881	1,059
CWIP ⓘ	18	44	63	26	34	48	63	226	145	143
Investmentsⓘ	1	49	49	68	97	97	101	254	255	260
Inventories	264	208	412	332	499	421	426	813	779	703
Trade Receivables	225	174	204	244	337	207	245	240	221	282
Cash Equivalents	11	20	16	22	18	14	9	13	16	19
Others Assetsⓘ	69	115	142	139	188	168	137	129	157	228
Total Assets ⓘ	970	969	1,391	1,426	1,809	1,616	1,622	2,359	2,453	2,693

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 ⓘ	244	400	64	185	64	299	307	-62	206	228
PBT ⓘ	148	284	211	169	153	87	98	59	101	146
Adjustment ⓘ	71	69	78	86	103	125	147	106	131	144
Changes in Working Capital ⓘ	76	140	-170	-22	-142	115	82	-201	-2	-27
Tax Paid ⓘ	-40	-92	-55	-48	-50	-28	-19	-26	-25	-35
Cash Flow From Investing Activity ⓘ	-84	-120	-215	-102	-120	-136	-92	-282	-202	-325
Capex	-86	-85	-221	-105	-135	-139	-98	-285	-207	-251
Net Investments	-1	-40	0	-13	5	-1	1	0	1	-76
Others ⓘ	2	5	6	15	10	3	5	4	4	2
Cash Flow From Financing Activityⓘ	-158	-271	149	-79	52	-169	-215	348	0	101
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-57	-108	-21	-20	87	94	-24	-51	-55	-47
Interest Paid ⓘ	-34	-21	-20	-30	-36	-38	-32	-31	-40	-46
Dividend Paid ⓘ	-14	-86	0	-46	-37	-55	0	-23	-12	-25
Others ⓘ	-53	-56	190	17	38	-170	-159	453	107	219
Net Cash Flow ⓘ	2	9	-3	5	-4	-5	1	4	4	3

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 (%)	39.46	55.06	30.76	19.56	15.11	11.17	9.41	4.83	7.76	10.04
ROCE (%)	29.48	55.02	32.49	21.92	18.11	11.27	12.33	7.16	8.9	10.68
Asset Turnover Ratio	2.35	2.44	1.81	1.56	1.5	1.23	1.2	1.36	1.33	1.23
PAT to CFO Conversion(x)	2.49	2.09	0.43	1.58	0.62	3.65	4.15	-1.44	2.64	2.11
Working Capital Days
Receivable Days	43	31	32	37	44	47	43	33	26	29
Inventory Days	41	36	53	62	62	80	80	84	91	85
Payable Days	64	46	53	54	63	89	89	86	86	92

TVS Srichakra Ltd Stock News

TVS Srichakra Ltd FAQs

What is the share price of TVS Srichakra?

Company share prices are keep on changing according to the market conditions. The closing price of TVS Srichakra on 21-Nov-2024 16:59 is ₹3,522.8.

What is the market cap of TVS Srichakra?

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-Nov-2024 16:59 the market cap of TVS Srichakra stood at ₹2,766.5.

What is the P/E ratio of TVS Srichakra?

The latest P/E ratio of TVS Srichakra as of 21-Nov-2024 16:59 is 35.78.

What is the P/B ratio of TVS Srichakra?

The latest P/B ratio of TVS Srichakra as of 21-Nov-2024 16:59 is 2.54.

What is the 52-week high and low of TVS Srichakra?

The 52-week high of TVS Srichakra is ₹5,095 and the 52-week low is ₹3,500.1.

What is the TTM revenue of TVS Srichakra?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TVS Srichakra is ₹2,905 ( Cr.) .

About TVS Srichakra Ltd

TVS Srichakra Ltd. is one of India’s largest manufacturers and exporters of Two and Three-Wheeler tyres and Off-Highway tyres. It is a major OEM supplier to not just TVS Motors, but to the most leading brands. Its domestic after-market supply is backed by a strong network of several dealers and many depots. TVS Srichakra exports to several countries across the world. Through export, it continues expanding its presence in the USA, Europe, South America, Africa and Australia. It is passionate about making tyres that elevate the riding experience. Its cutting-edge technology, complemented with a decades-long understanding of the local road conditions, make its tyres dependable and precision performance accessories. With tyres rolling out of its state-of-the-art manufacturing units at Madurai (Tamil Nadu) and Rudrapur (Uttarakhand).

Business area of the company

The company is engaged in Manufacturing of tyres. It specialises in Two & Three-wheeler tyres, Industrial Pneumatic tyres, Farm and Implement tyres, Skid-steer tyres, Multi-purpose tyres and Floatation tyres.

Products of the company

The company is manufacturing wide range of tyres for motorcycle, scooter, moped and three-wheelers. The company produces these tyres keeping in mind various features of different automobiles. Under export segment, it manufactures wide range of tyres that can be used on various surfaces. It manufactures tyres for farm equipment, small tractor, industrial pneumatic, harbour, compactor, and many more.

Awards and Recognition

2020: The Company was certified for Occupational Health & Safety Standard ISO 45001 in 2020. This is in addition to the Certification of Quality (IATF 16949) & Environmental (ISO 14001) Management Standards.