Birla Precision Technologies Ltd - Stock Valuation and Financial Performance

BSE: 522105 | NSE: | Engineering - Industrial Equipments | Small Cap

Birla Precision Tech Share Price

80.93 0.78 0.97%
as on 06-Sep'24 16:01

DeciZen - make an informed investing decision on Birla Precision Tech

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Birla Precision Technologies stock performance -

mw4me loader
P/E Ratio (SA):
60.87
Market Cap:
533.3 Cr.
52-wk low:
38.5
52-wk high:
93.5

Is Birla Precision Technologies Ltd an attractive stock to invest in?

1. Is Birla Precision Technologies Ltd a good quality company?

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

2. Is Birla Precision Technologies Ltd undervalued or overvalued?

The key valuation ratios of Birla Precision Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Birla Precision Technologies Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Birla Precision Technologies 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 Birla Precision Tech:

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.
Birla Precision Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 4.5%1%-16.5%5.8%10.5%-5.7%5%12%15.6%11.9%-
Value Creation
Index
-0.7-0.9-2.2-0.6-0.3-1.4-0.7-0.10.1-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 154149153184215174171246253226231
Sales YoY Gr.--3.1%2.3%20.5%16.7%-19.2%-1.2%43.6%2.9%-10.9%-
Adj EPS -0.1-0.2-1.60.51.6-0.80.21.71.81.61.3
YoY Gr.-NANANA230.6%-148.8%NA700%6.6%-10.1%-
BVPS (₹) 24.724.51919.620.717.616.318.120.322.422.4
Adj Net
Profit
-0.4-1.3-8.12.68.8-4.51.41111.710.69
Cash Flow from Ops. 8.29136.79.45.724.622.226.7-10.5-
Debt/CF from Ops. 4.23.72.34.33.14.91.11.11.2-4.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.3%1%9.6%-10.9%
Adj EPS NA-0.1%97.2%-10.1%
BVPS-1.1%1.6%11.1%10%
Share Price 38.4% 62.4% 88.1% 84.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-0.3-1-7.12.68.2-4.21.39.89.37.45.9
Op. Profit
Mgn %
5.41.95.4-9.27.44.15.47.67.211.610.9
Net Profit
Mgn %
-0.3-0.8-5.31.44.1-2.60.84.54.64.73.8
Debt to
Equity
0.30.30.30.30.30.30.30.20.20.3-
Working Cap
Days
345352318277279340305210200243134
Cash Conv.
Cycle
165164123818411199738510055

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 97.18%

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

Sales growth has been subdued in last 3 years 9.60%

Sales growth is not so good in last 4 quarters at 0.27%

Latest Financials - Birla Precision Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 1.3 1.3
TTM Sales (₹ Cr.) 231 232
BVPS (₹.) 22.4 22.1
Reserves (₹ Cr.) 135 133
P/BV 3.60 3.66
PE 60.87 62.89
From the Market
52 Week Low / High (₹) 38.51 / 93.50
All Time Low / High (₹) 1.86 / 124.80
Market Cap (₹ Cr.) 533
Equity (₹ Cr.) 13.2
Face Value (₹) 2
Industry PE 54.9

Management X-Ray of Birla Precision Tech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.340.340.340.340.340.340.340.000.340.34
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Birla Precision Tech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales154149153184215173171246253226
Operating Expenses 146146145201199166162228235200
Manufacturing Costs31333641463935505448
Material Costs60544965635258757557
Employee Cost 33353738444540465350
Other Costs 23252357453128585346
Operating Profit 838-171679191826
Operating Profit Margin (%) 5.1%1.9%5.3%-9.3%7.4%4.1%5.3%7.6%7.2%11.5%
Other Income 653314422102
Interest 7555565533
Depreciation 7666654456
Exceptional Items 00-2900-130000
Profit Before Tax 0-3-2939-131112118
Tax 1-200000057
Profit After Tax -1-1-2939-131111511
PAT Margin (%) -0.4%-0.7%-18.8%1.4%4.2%-7.7%0.8%4.5%6.0%4.7%
Adjusted EPS (₹)-0.1-0.2-5.40.51.7-2.30.21.72.31.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%3%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 130129100103113100107118133148
Share Capital 11111111111113131313
Reserves 11911889921028994105120134
Minority Interest0000000000
Debt34332927272627243244
Long Term Debt6522113133
Short Term Debt28282626272524232941
Trade Payables22222933342527323435
Others Liabilities 20172130433639403744
Total Liabilities 206201179194217188199214236270

Fixed Assets

Gross Block115116124126128133134142182186
Accumulated Depreciation7479859296101105109113120
Net Fixed Assets41373935323229336967
CWIP 0200000904
Investments 0000007777
Inventories28293334534543565962
Trade Receivables72684146433233374044
Cash Equivalents 75769923212624
Others Assets57595874807063523461
Total Assets 206201179194217188199214236270

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 8913796252227-10
PBT 0-3-293901112118
Adjustment 1310111218131226412
Changes in Working Capital -2330-8-17-811-145-37
Tax Paid -3-1000000-2-4
Cash Flow From Investing Activity -2-5-5-1-30-8-17-27-9
Capex -2-5-5-2-3-1-2-18-27-9
Net Investments 0000000000
Others 100100-7000
Cash Flow From Financing Activity -7-6-7-6-4-6-1-8518
Net Proceeds from Shares 0000225005
Net Proceeds from Borrowing 0-100000000
Interest Paid -7-5-5-5-5-6-5-5-3-3
Dividend Paid 0000000000
Others 10-3-10-2-1-2817
Net Cash Flow 0-21-13-115-35-2
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-0.45-0.83-25.042.598.39-12.51.379.9412.187.61
ROCE (%)4.520.97-16.455.7510.48-5.724.9612.0415.5811.87
Asset Turnover Ratio0.80.80.881.011.040.860.891.191.130.89
PAT to CFO Conversion(x)N/AN/AN/A2.331N/A2521.8-0.91
Working Capital Days
Receivable Days15915812084757969525668
Inventory Days646569657410393738298
Payable Days134150193175194209164143161221

Birla Precision Technologies Ltd Stock News

Birla Precision Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Birla Precision Tech on 06-Sep-2024 16:01 is ₹80.93.
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 06-Sep-2024 16:01 the market cap of Birla Precision Tech stood at ₹533.2.
The latest P/E ratio of Birla Precision Tech as of 06-Sep-2024 16:01 is 60.87.
The latest P/B ratio of Birla Precision Tech as of 06-Sep-2024 16:01 is 3.60.
The 52-week high of Birla Precision Tech is ₹93.50 and the 52-week low is ₹38.51.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Birla Precision Tech is ₹231.4 ( Cr.) .

About Birla Precision Technologies Ltd

Birla Precision Technologies Ltd (BPT), the erstwhile Birla Kennametal Ltd, was established in 1986, as a joint venture company between Yash Birla Group (YBG) and Kennametal Inc, USA In July 2007. YBG acquired the stake of Kennametal in the JV consequent upon which Birla Kennametal was renamed as “Birla Precision Technologies” (BPT).

BPT is a world class organization with expertise in manufacture of a wide range of CNC tooling.

Product range of the company includes:

WORK HOLDING PRODUCTS-  Speed Indexers, Expanding Mandrel & Sleeves.  Birla Precision offers wide range of special work holding equipments for I.D & O.D holding applications.  Standard expanding mandrels like between centre application / face plate mounted with draw bar operation are available for grinding & turning applications.  Special tailor made work holding solutions based on application can also been provided.

ROTATING TOOL HOLDERS-

(STANDARD PRODUCTS) 1. Collet Chucks-Birla Precision offers the largest variety and highest quality standard Collet Chucks.

2. End Mill Holders- Birla Precision offers the largest variety and highest quality End Mill Holders on BT/DV/CAT/HSK shanks.

3. Shell Mill Holders - Birla Precision offers the largest variety and highest quality Shell Mill Holders on BT/DV/CAT/HSK shanks.

4. Drill Chuck & MT Holders- Birla Precision offers the wide variety of drill chucks & Morse Taper Holders for drilling application.

5. Collets and Pull Studs- Birla Precision offers all varieties of ER/TG/DA collets in metric & Inch sizes. Collets in sets are also supplied as per DIN 6499.

6. Boring Bar Blanks- Birla Precision offers boring bar blanks on various tapers in Different dia. & in standard gauge lengths.

.(ADVANCED PRODUCTS)

1. Hydraulic Chucks - Birla Precision offers a wide range in hydraulic chucks on BT/DV/CAT & HSK tapers.

2. Shrink Fit Holders- Birla Precision offers wide range in Shrink Fit adaptors on BT/DV/CAT & HSK tapers.

MACHINED CASTINGS

  • Shell Moulded Casting Auto Components
  • High Precision Fuel Injection System parts: Retainer Shafts, Adaptors, Guides, Covers, Housings

Other companies in the group are-Zenith Birla (India), Birla Power Solutions, Birla Cotsyn (India), Dagger Forst Tools, Birla Transasia Carpets, Birla Perucchini, Birla Lifestyle, Birla Electricals, and Birla Concepts (India).

Customers of the company include: MSC Industrial Supply Co, Kennametal, Coventry Tool Holders, Bosch, Rexroth and Cummins etc.

Award/ Achievements

The company was adjudged as second out of more than 300,000 Indian aspirants in SME Sector Emerging India Awards, London 2008.

Highest rating in the ranking of India's Top 500 manufacturing Small and Mid Sized company rating - Industry 2.0.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.