BSE: 544186 | NSE: | Engineering - Industrial Equipments | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Forbes Precision Tools And Machine Parts Ltd is a below average quality company.
The key valuation ratios of Forbes Precision Tools And Machine Parts Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Forbes Precision Tools And Machine Parts Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'23 | Mar'24 | TTM | |
|---|---|---|---|
| ROCE % ⓘ | -30.9% | 57.2% | - |
| Value Creation Index ⓘ | -3.2 | 3.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||
| Sales ⓘ | 0 | 229 | 229 |
| Sales YoY Gr. | - | NA | - |
| Adj EPS ⓘ | -2.4 | 5.8 | 5.8 |
| YoY Gr. | - | NA | - |
| BVPS (₹) ⓘ | 7.6 | 26.7 | 29 |
| Adj Net Profit ⓘ | 0 | 29.7 | 30 |
| Cash Flow from Ops. ⓘ | 0 | 9.5 | - |
| Debt/CF from Ops. ⓘ | 0 | 0.6 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | NA | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | NA | NA | NA | 249.5% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'23 | Mar'24 | TTM | |
|---|---|---|---|
| Return on Equity % ⓘ | -30.9 | 43.2 | 20.7 |
| Op. Profit Mgn % ⓘ | 0 | 22.3 | 22.6 |
| Net Profit Mgn % ⓘ | 0 | 13 | 13 |
| Debt to Equity ⓘ | 0 | 0 | 0 |
| Working Cap Days ⓘ | 0 | 74 | 69 |
| Cash Conv. Cycle ⓘ | 0 | 32 | 33 |
Return on Equity has increased versus last 3 years average to 20.70%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 3.59%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 5.8 | - |
| TTM Sales (₹ Cr.) | 229 | - |
| BVPS (₹.) ⓘ | 29 | - |
| Reserves (₹ Cr.) ⓘ | 98 | - |
| P/BV ⓘ | 9.71 | - |
| PE ⓘ | 48.84 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 209.00 / 416.75 |
| All Time Low / High (₹) | 209.00 / 416.75 |
| Market Cap (₹ Cr.) | 1,451 |
| Equity (₹ Cr.) | 51.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 57.5 |
| Pledged * | 98.25 | 98.25 | 98.25 |
| PARTICULARS | Mar'23 | Mar'24 |
|---|---|---|
| Sales | 0 | 228 |
| Operating Expenses ⓘ | 0 | 178 |
| Manufacturing Costs | 0 | 40 |
| Material Costs | 0 | 80 |
| Employee Cost | 0 | 41 |
| Other Costs ⓘ | 0 | 17 |
| Operating Profit ⓘ | 0 | 51 |
| Operating Profit Margin (%) | - | 22.3% |
| Other Income ⓘ | 0 | 1 |
| Interest ⓘ | 0 | 1 |
| Depreciation ⓘ | 0 | 11 |
| Exceptional Items ⓘ | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 40 |
| Tax ⓘ | 0 | 10 |
| Profit After Tax | 0 | 30 |
| PAT Margin (%) | - | 13.0% |
| Adjusted EPS (₹) | -2.4 | 5.8 |
| Dividend Payout Ratio (%) | 0% | 0% |
| PARTICULARS | Mar'23 | Mar'24 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0 | 138 | ||||||||
| Share Capital ⓘ | 0 | 52 | ||||||||
| Reserves ⓘ | 0 | 86 | ||||||||
| Minority Interest | 0 | 0 | ||||||||
| Debt | 0 | 3 | ||||||||
| Long Term Debt | 0 | 3 | ||||||||
| Short Term Debt | 0 | 0 | ||||||||
| Trade Payables | 0 | 22 | ||||||||
| Others Liabilities ⓘ | 0 | 40 | ||||||||
| Total Liabilities ⓘ | 0 | 203 | ||||||||
Fixed Assets | ||||||||||
| Gross Block | 0 | 232 | ||||||||
| Accumulated Depreciation | 0 | 143 | ||||||||
| Net Fixed Assetsⓘ | 0 | 89 | ||||||||
| CWIP ⓘ | 0 | 5 | ||||||||
| Investmentsⓘ | 0 | 0 | ||||||||
| Inventories | 0 | 38 | ||||||||
| Trade Receivables | 0 | 29 | ||||||||
| Cash Equivalents | 0 | 16 | ||||||||
| Others Assetsⓘ | 0 | 25 | ||||||||
| Total Assets ⓘ | 0 | 203 | ||||||||
| PARTICULARS | Mar'23 | Mar'24 |
|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0 | 9 |
| PBT ⓘ | 0 | 40 |
| Adjustment ⓘ | 0 | 12 |
| Changes in Working Capital ⓘ | 0 | -46 |
| Tax Paid ⓘ | 0 | 4 |
| Cash Flow From Investing Activity ⓘ | 0 | -97 |
| Capex | 0 | -97 |
| Net Investments | 0 | 0 |
| Others ⓘ | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 0 | 104 |
| Net Proceeds from Shares ⓘ | 0 | 98 |
| Net Proceeds from Borrowing ⓘ | 0 | 5 |
| Interest Paid ⓘ | 0 | 1 |
| Dividend Paid ⓘ | 0 | 0 |
| Others ⓘ | 0 | 0 |
| Net Cash Flow ⓘ | 0 | 16 |
| PARTICULARS | Mar'23 | Mar'24 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | N/A | 43.12 | ||||||||
| ROCE (%) | N/A | 57.24 | ||||||||
| Asset Turnover Ratio | 0 | 2.26 | ||||||||
| PAT to CFO Conversion(x) | N/A | 0.3 | Working Capital Days | |||||||
| Receivable Days | 0 | 47 | ||||||||
| Inventory Days | 0 | 61 | ||||||||
| Payable Days | 0 | 50 | ||||||||
Forbes Precision Tools and Machine Parts is a public limited company incorporated under the provisions of Companies Act, 2013 on August 30, 2022 and having registered office at Forbes Building, Charanjit Rai Marg, Fort, Mumbai. The company is a wholly owned subsidiary of Forbes & Company Limited. The company is engaged in the business as manufacturers, importers, exporters, buyers, sellers, traders, dealers, distributors, service providers of engineering and electrical products and services including taps, carbon and/or steel taps, drills, rotary burrs, tools, threading tools, solid carbide tools, spring washers, grinding tools, measuring tools, hand tools, precision tools, tools of any kind, jigs, fixtures, dies, spare parts, accessories, filtering materials, designs, patterns, plants, apparatus, equipment, machinery, machine parts and to carry on such other activities as may be incidental or conducive or advantageously carried on with any of the above activities.
Business area of the company
The company is mainly engaged in the business of manufacturing, trading & servicing of engineering and electrical products and Machine & Machine parts.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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