Holmarc Opto-Mechatronics Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: HOLMARC | Medical Equipment/Supplies/Accessories | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Holmarc Opto-Mech

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Holmarc Opto-Mechatronics stock performance -

mw4me loader
P/E Ratio (SA):
52.89
Market Cap:
181.6 Cr.
52-wk low:
0
52-wk high:
0

Is Holmarc Opto-Mechatronics Ltd an attractive stock to invest in?

1. Is Holmarc Opto-Mechatronics Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Holmarc Opto-Mechatronics Ltd is a average quality company.

2. Is Holmarc Opto-Mechatronics Ltd undervalued or overvalued?

The key valuation ratios of Holmarc Opto-Mechatronics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Holmarc Opto-Mechatronics Ltd a good buy now?

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

10 Year X-Ray of Holmarc Opto-Mech:

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.
Holmarc Opto-Mechatronics 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'21Mar'22Mar'23Mar'24TTM
ROCE % 13.4%25.9%44.1%26%-
Value Creation
Index
0.00.92.20.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 15.5212933.533
Sales YoY Gr.-35.4%38.2%15.2%-
Adj EPS 12.24.33.43.4
YoY Gr.-124.7%95%-20.5%-
BVPS (₹) 9.611.416.123.723.7
Adj Net
Profit
0.71.63.13.43
Cash Flow from Ops. 0.42.62.11.6-
Debt/CF from Ops. 40.80.70-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA29.2%15.2%
Adj EPS NANA51.6%-20.5%
BVPSNANA35.4%47.2%
Share Price - - - 33.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
10.120.830.919.214.4
Op. Profit
Mgn %
9.81417.615.9NAN
Net Profit
Mgn %
4.57.510.510.210.3
Debt to
Equity
0.20.30.10-
Working Cap
Days
0115961090
Cash Conv.
Cycle
09985930

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 29.16%

Net Profit is growing at healthy rate in last 3 years 51.61%

Return on Equity has declined versus last 3 years average to 14.40%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Holmarc Opto-Mechatronics Ltd.

Standalone Consolidated
TTM EPS (₹) 3.4 -
TTM Sales (₹ Cr.) 33.5 -
BVPS (₹.) 23.7 -
Reserves (₹ Cr.) 14 -
P/BV 7.62 -
PE 52.89 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 182
Equity (₹ Cr.) 10.1
Face Value (₹) 10
Industry PE 84.2

Management X-Ray of Holmarc Opto-Mech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Holmarc Opto-Mech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Sales16212933
Operating Expenses 14182428
Manufacturing Costs1122
Material Costs3578
Employee Cost 791113
Other Costs 3345
Operating Profit 2355
Operating Profit Margin (%) 9.7%13.9%17.5%15.9%
Other Income 0000
Interest 0000
Depreciation 1111
Exceptional Items 0010
Profit Before Tax 1255
Tax 0111
Profit After Tax 1243
PAT Margin (%) 4.4%7.4%12.3%10.3%
Adjusted EPS (₹)1.02.25.03.4
Dividend Payout Ratio (%)29%13%6%12%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 781224
Share Capital 00710
Reserves 78414
Minority Interest0000
Debt1210
Long Term Debt0110
Short Term Debt1000
Trade Payables0000
Others Liabilities 3433
Total Liabilities 12141627

Fixed Assets

Gross Block8101113
Accumulated Depreciation4567
Net Fixed Assets4556
CWIP 0000
Investments 0000
Inventories1223
Trade Receivables5567
Cash Equivalents 1229
Others Assets1002
Total Assets 12141627

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0322
PBT 1255
Adjustment 1101
Changes in Working Capital -10-2-3
Tax Paid 0-1-1-1
Cash Flow From Investing Activity -1-20-2
Capex 0-20-2
Net Investments 0000
Others 0000
Cash Flow From Financing Activity 00-17
Net Proceeds from Shares 00011
Net Proceeds from Borrowing 010-1
Interest Paid 0000
Dividend Paid 0000
Others 0-10-3
Net Cash Flow 0117
PARTICULARSMar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)9.9920.5235.9119.38
ROCE (%)13.425.8544.1126.03
Asset Turnover Ratio1.321.631.931.55
PAT to CFO Conversion(x)01.50.50.67
Working Capital Days
Receivable Days119846772
Inventory Days24232327
Payable Days43231718

Holmarc Opto-Mechatronics Ltd Stock News

Holmarc Opto-Mechatronics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Holmarc Opto-Mech on 01-Jan-1970 05:30 is ₹0.00.
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 Holmarc Opto-Mech stood at ₹181.6.
The latest P/E ratio of Holmarc Opto-Mech as of 01-Jan-1970 05:30 is 52.89.
The latest P/B ratio of Holmarc Opto-Mech as of 01-Jan-1970 05:30 is 7.62.
The 52-week high of Holmarc Opto-Mech is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Holmarc Opto-Mech is ₹33.46 ( Cr.) .

About Holmarc Opto-Mechatronics Ltd

Holmarc Opto-Mechatronics was originally incorporated as Private Limited Company in the name of ‘Holmarc Slides and Controls Private Limited’ on February 11, 1993 under the provision of the Companies Act, 1956 issued by Registrar of Companies, Kerala. Subsequently, the name of the company was changed to ‘Holmarc OptoMechatronics Private Limited’ vide a fresh Certificate of Incorporation Consequent upon Change of Name dated May 01, 2007, issued by Registrar of Companies, Kerala and Lakshadweep. Subsequently, the company was converted into Public Limited Company under the Companies Act, 2013 and the name of the company was changed to ‘Holmarc Opto-Mechatronics Limited’ vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated December 11, 2021.

Holmarc Opto-Mechatronics is engaged in the manufacture of scientific and engineering instruments for research, industry and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc. Its manufacturing facility situated at, Ernakulam, Kerala is equipped with latest machineries, equipment and instruments which is capable to manufacture diverse products. With state-of-the-art machines, equipment and instruments, Holmarc’s technicians and engineers bring out quality products, each distinct and best in its kind. All its departments, be it optics design, optics manufacturing, mechanics design, electronics R&D or software development are all manned by experienced professionals in the respective disciplines. 

The company is unique in its approach to providing after sales service. It gives maintenance and modification support for all its products as long as its customer needs it irrespective of warranty or year of purchase. It do not make any of its products obsolete, rather encourage its users to modify and use as long as it is technically possible. The company is an ISO 9001:2015 certified company for designing, developing and manufacturing scientific instruments and devices for Industries, Research and Educational Institutes. It has successfully implemented quality management system as per industry standard. The goal of the company is to design, manufacture and service quality products that consistently meet its customer's requirement and needs.

Business area of the company

The company is engaged in the manufacture of scientific and engineering instruments for research, industry and education.

Products of the company 

  • Imaging instruments
  • Measuring instruments
  • Spectroscopy
  • Analytical instruments
  • Lab equipment
  • Physical lab equipment
  • Breadboard/table tops Optics
  • Opto-Mechanics Linear and rotation stages
  • Motorized linear and rotation stages
  • Industrial automation

History and milestones 

  • 1993: Company incorporated as a Private Limited Company in the name of ‘Holmarc Slides and Controls Private Limited’.
  • 2006: Company purchased 10.0625 cents of land at HMT Industrial Estate along with Shed from Government of Kerala on Hire Purchase basis to set up its own manufacturing facility.
  • 2007: Company purchased additional 13 cents of land at HMT Industrial Estate from Government of Kerala on Hire Purchase basis.
  • 2007: The name of the company changed to ‘Holmarc Opto-Mechatronics Private Limited
  • 2011: Company purchased additional 7 cents of land at HMT Industrial Estate from Government of Kerala on Hire Purchase basis.
  • 2011: Executed Technical Tie-ups agreement with a premier Research Institution, wherein the said Institution will share its technical data and knowhow to Holmarc for manufacturing ‘Fluorescence Correlation Spectroscopy Apparatus’ developed by said Institution and sell the same in India and abroad.
  • 2014: Executed Technical Tie-ups agreement with a premier Government Research Institution, wherein the said Institution will share its technical data and knowhow to Holmarc for manufacturing ‘Dual Polarisation LIDAR’ developed by said Institution and sell the same in India and abroad.
  • 2021: Company converted from Private Limited Company to Public Limited Company i.e. ‘Holmarc Opto-Mechatronics Limited’.
  • 2023: Executed License agreement with a premier Research Institution, for end market commercialization of the products developed by said Institution such as ‘Universal Measuring Machine’ in the initial.

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