BSE: 0 | NSE: PRESSTONIC | Engineering | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Presstonic Engineering Ltd is a average quality company.
The key valuation ratios of Presstonic Engineering Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Presstonic Engineering 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'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 11.1% | 11.9% | 28.3% | 18.5% | - |
| Value Creation Index ⓘ | -0.2 | -0.2 | 1.0 | 0.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 7.6 | 12.6 | 21 | 26.2 | 26 |
| Sales YoY Gr. | - | 66% | 66.5% | 24.5% | - |
| Adj EPS ⓘ | -0.4 | 0.3 | 5.5 | 3.3 | 3.3 |
| YoY Gr. | - | NA | 1658.1% | -40% | - |
| BVPS (₹) ⓘ | 5 | 5.3 | 11 | 32.2 | 32.2 |
| Adj Net Profit ⓘ | -0.2 | 0.1 | 2.4 | 2.5 | 3 |
| Cash Flow from Ops. ⓘ | 1.4 | 4.5 | 5.7 | -1.4 | - |
| Debt/CF from Ops. ⓘ | 13.2 | 4 | 3.1 | -10.3 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 51% | 24.5% | ||||
| Adj EPS ⓘ | NA | NA | NA | -40% | ||||
| BVPSⓘ | NA | NA | 86.2% | 193.5% | ||||
| Share Price | - | - | - | -14.5% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | -7.6 | 6.1 | 66.9 | 17 | 10.2 |
| Op. Profit Mgn % ⓘ | 38.5 | 23.8 | 32.5 | 21.5 | NAN |
| Net Profit Mgn % ⓘ | -2.2 | 1.1 | 11.6 | 9.6 | 9.7 |
| Debt to Equity ⓘ | 8 | 7.6 | 3.6 | 0.6 | - |
| Working Cap Days ⓘ | 0 | 465 | 297 | 282 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 279 | 168 | 191 | 0 |
Sales growth is growing at healthy rate in last 3 years 50.98%
Debt to equity has declined versus last 3 years average to 0.57
Return on Equity has declined versus last 3 years average to 10.20%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 3.3 | - |
| TTM Sales (₹ Cr.) | 26.2 | - |
| BVPS (₹.) ⓘ | 32.2 | - |
| Reserves (₹ Cr.) ⓘ | 17 | - |
| P/BV ⓘ | 3.55 | - |
| PE ⓘ | 34.85 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 88 |
| Equity (₹ Cr.) | 7.7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 47.4 |
| Pledged * | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 7.61 | 12.63 | 21.03 | 26.19 |
| Operating Expenses ⓘ | 4.69 | 9.62 | 14.19 | 20.55 |
| Manufacturing Costs | 1.96 | 2.92 | 3.25 | 5.31 |
| Material Costs | 0.63 | 4.99 | 8.77 | 10.62 |
| Employee Cost | 1.20 | 0.88 | 1.27 | 2.33 |
| Other Costs ⓘ | 0.89 | 0.83 | 0.90 | 2.30 |
| Operating Profit ⓘ | 2.93 | 3.01 | 6.84 | 5.64 |
| Operating Profit Margin (%) | 38.4% | 23.8% | 32.5% | 21.5% |
| Other Income ⓘ | 0.08 | 0.09 | 0.10 | 0.89 |
| Interest ⓘ | 2.44 | 2.18 | 2.61 | 3 |
| Depreciation ⓘ | 0.78 | 0.71 | 0.89 | 0.85 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -0.22 | 0.21 | 3.44 | 2.67 |
| Tax ⓘ | -0.05 | 0.07 | 1.01 | 0.15 |
| Profit After Tax | -0.17 | 0.14 | 2.43 | 2.53 |
| PAT Margin (%) | -2.2% | 1.1% | 11.6% | 9.6% |
| Adjusted EPS (₹) | -0.4 | 0.3 | 5.5 | 3.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 2.23 | 2.37 | 4.90 | 24.82 | ||||||
| Share Capital ⓘ | 2.24 | 2.24 | 2.24 | 7.71 | ||||||
| Reserves ⓘ | 0 | 0.14 | 2.67 | 17.11 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 16.91 | 15.85 | 16.03 | 12.62 | ||||||
| Long Term Debt | 3.76 | 4.33 | 4.44 | 1.61 | ||||||
| Short Term Debt | 13.15 | 11.52 | 11.60 | 11.01 | ||||||
| Trade Payables | 3 | 3.29 | 3.73 | 1.47 | ||||||
| Others Liabilities ⓘ | 1.66 | 3.38 | 3.79 | 1.95 | ||||||
| Total Liabilities ⓘ | 23.80 | 24.89 | 28.46 | 40.86 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 4.34 | 6.14 | 5.55 | 10.17 | ||||||
| Accumulated Depreciation | 0.79 | 1.50 | 1.65 | 2.50 | ||||||
| Net Fixed Assetsⓘ | 3.55 | 4.64 | 3.90 | 7.67 | ||||||
| CWIP ⓘ | 1.34 | 2.69 | 3.83 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 10.73 | 10.63 | 10.87 | 11.37 | ||||||
| Trade Receivables | 3.23 | 2.93 | 5.25 | 6.75 | ||||||
Cash Equivalents  ⓘ
| 2.38 | 1.89 | 2.20 | 11.21 | ||||||
| Others Assetsⓘ | 2.56 | 2.12 | 2.41 | 3.85 | ||||||
| Total Assets ⓘ | 23.80 | 24.89 | 28.46 | 40.86 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 1.35 | 4.52 | 5.68 | -1.37 |
| PBT ⓘ | -0.22 | 0.21 | 3.44 | 2.67 |
| Adjustment ⓘ | 3.17 | 2.82 | 3.56 | 3.39 |
| Changes in Working Capital ⓘ | -1.6 | 1.55 | -1.2 | -5.78 |
| Tax Paid ⓘ | -0.01 | -0.06 | -0.12 | -1.66 |
| Cash Flow From Investing Activity ⓘ | -1.04 | -3.06 | -1.36 | -0.79 |
| Capex | -1.27 | -3.15 | -1.34 | -1.05 |
| Net Investments | 0.15 | 0 | -0.12 | -0.03 |
| Others ⓘ | 0.08 | 0.09 | 0.09 | 0.29 |
| Cash Flow From Financing Activityⓘ | 1.08 | -1.96 | -4.13 | 11.14 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 23.31 |
| Net Proceeds from Borrowing ⓘ | -0.43 | 0.57 | -1.85 | -2.81 |
| Interest Paid ⓘ | -2.44 | -2.18 | -2.61 | -2.85 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 3.95 | -0.35 | 0.33 | -6.50 |
| Net Cash Flow ⓘ | 1.38 | -0.49 | 0.19 | 8.98 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -7.59 | 6.11 | 66.93 | 16.99 | ||||||
| ROCE (%) | 11.13 | 11.86 | 28.31 | 18.49 | ||||||
| Asset Turnover Ratio | 0.32 | 0.52 | 0.79 | 0.76 | ||||||
| PAT to CFO Conversion(x) | N/A | 32.29 | 2.34 | -0.54 | Working Capital Days | |||||
| Receivable Days | 155 | 89 | 71 | 84 | ||||||
| Inventory Days | 515 | 309 | 187 | 155 | ||||||
| Payable Days | 1,730 | 230 | 146 | 89 | ||||||
Presstonic Engineering Limited was originally formed as a Partnership Firm under the name and style off ‘Presston Engineering Corporation’ pursuant to a Deed of Partnership dated June 03, 1996. M/s Presston Engineering Corporation was thereafter converted into a Private Limited Company in the name of ‘Presstonic Engineering Private Limited’ on March 23, 2021 under the provision of the Companies Act, 2013 issued by Registrar of Companies, Central Registration Centre. Subsequently, the company was converted into Public Limited Company under the Companies Act, 2013 and the name of the Company was changed to ‘Presstonic Engineering Limited’ vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated July 31, 2023 issued by Registrar of Companies - Bangalore.
The company manufactures Metro Rail Rolling Stock Products, Metro Rail Signalling Products, Infrastructure Products and supplies to renowned Global and Domestic OEM’s engaged in the Rail and Metro Rail Rolling stock and Signalling equipments manufacturing and servicing companies. The company has started its manufacturing operations in the year 2011 in Metro Rail Segment with its manufacturing plant set up in Pillappa Industrial Layout and since then it has consistently grown its presence, enhanced the scope of services, and increased its capabilities and expertise. The company is promoted by Herga Poornachandra Kedilaya and Yermal Giridhar Rao who have been instrumental in the growth of the company and has collective experience of more than 50 years in the said industry. Driven by the passion for building an integrated company for metro and railway sector, backed by their experience have been the pillars of the company’s growth and have built a strong value system for the company.
The company has offered cost effective and customized solutions in accordance with the standardized quality requirements of the company’s customers who work in various sectors such as railway and the infrastructure sectors. The company manufactures products which are compliant with the stringent quality requirements prescribed by its customers. Further, its business model provides customised solutions to customers and also manufacture innovate solution-oriented products. Its R&D Division is equipped with the necessary facilities to carry out all necessary trials to develop and devise products suitable to the different types of its customers or for catering to the infrastructure needs of its customers. Its team of experts employed in the R&D Division carries out various tests in its in-house R&D laboratory to innovate additional applications and solutions for its products and to manufacture customizable products for its customers which are also compliant with the customer quality requirements and regulatory standards. Its R&D Division is located in its manufacturing unit with the objective to implement a performance-oriented approach with the help of technologies developed in-house. With R&D Division in place, the company ensures that the needs and demands of its customers suitable to their final products are effectively met.
Business area of the company
The company manufactures Metro Rail Rolling Stock Products, Metro Rail Signalling Products, Infrastructure Products and supplies to renowned Global and Domestic OEM’s engaged in the Rail and Metro Rail Rolling stock and Signalling equipments manufacturing and servicing companies.
Products of the company
Rolling stock interior products
Rolling stock non-interior products
Signalling products
Infrastructure products
History and milestones
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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