Precision Metaliks Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: PRECISION | Metal - Non Ferrous | Small Cap

BSE Share Price
Not Listed

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Precision Metaliks stock performance -

mw4me loader
P/E Ratio (SA):
14.62
Market Cap:
99.2 Cr.
52-wk low:
0
52-wk high:
0

Is Precision Metaliks Ltd an attractive stock to invest in?

1. Is Precision Metaliks Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Precision Metaliks Ltd is a below average quality company.

2. Is Precision Metaliks Ltd undervalued or overvalued?

The key valuation ratios of Precision Metaliks Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Precision Metaliks Ltd a good buy now?

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

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.
Precision Metaliks Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 1.6%15.3%11.7%15.3%16.9%11.8%-
Value Creation
Index
-0.90.1-0.20.10.2-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 022.249.2126189196196
Sales YoY Gr.-55,350%122%155.1%50.2%3.8%-
Adj EPS 0.10.91.32.14.433
YoY Gr.-750%47.1%70.4%105.2%-32.5%-
BVPS (₹) 94.610312.825.129.437.837.8
Adj Net
Profit
00.81.53.57.16.87
Cash Flow from Ops. 0.2-8.4-2.7-11.2-5.4-24.4-
Debt/CF from Ops. 0000-0.80-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA447%58.4%3.8%
Adj EPS NA96.8%33.1%-32.5%
BVPSNA-16.8%43.3%28.5%
Share Price - - - 18.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
114.911.512.31610.17.8
Op. Profit
Mgn %
-0.343.33.444NAN
Net Profit
Mgn %
11.33.732.83.83.53.5
Debt to
Equity
00000.10-
Working Cap
Days
092105731252190
Cash Conv.
Cycle
041775959470

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 58.43%

Net Profit is growing at healthy rate in last 3 years 33.14%

Return on Equity has declined versus last 3 years average to 7.80%

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

Latest Financials - Precision Metaliks Ltd.

Standalone Consolidated
TTM EPS (₹) 3 -
TTM Sales (₹ Cr.) 196 -
BVPS (₹.) 37.8 -
Reserves (₹ Cr.) 64 -
P/BV 1.14 -
PE 14.62 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 99.2
Equity (₹ Cr.) 23
Face Value (₹) 10
Industry PE 17.5

Management X-Ray of Precision Metaliks:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Precision Metaliks

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales0.0422.1849.24125.60188.63195.79
Operating Expenses 0.0421.3047.60121.27181.11188.04
Manufacturing Costs00.227.7419.524.564.50
Material Costs020.4634.9492.44170.22179.26
Employee Cost 00.042.583.312.482.71
Other Costs 0.030.582.3363.851.57
Operating Profit 00.881.654.327.527.75
Operating Profit Margin (%) -0.2%4.0%3.3%3.4%4.0%4.0%
Other Income 0.01000.070.430.65
Interest 00.010.010.020.490.98
Depreciation 00.040.120.100.090.16
Exceptional Items 000000
Profit Before Tax 0.010.841.514.277.367.26
Tax 00.010.020.810.250.48
Profit After Tax 00.821.493.467.106.78
PAT Margin (%) 11.3%3.7%3.0%2.8%3.8%3.5%
Adjusted EPS (₹)0.10.91.32.14.43.0
Dividend Payout Ratio (%)0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 0.4710.5815.3640.7547.8686.80
Share Capital 0.051.031.2616.2616.2622.96
Reserves 0.429.5514.1024.4931.6063.84
Minority Interest000000
Debt00004.450
Long Term Debt000000
Short Term Debt00004.450
Trade Payables1.832.242.440.6454.9164.18
Others Liabilities 0.720.853.674.412.252.72
Total Liabilities 3.0213.6721.4845.80109.47153.70

Fixed Assets

Gross Block0.070.810.820.820.961.35
Accumulated Depreciation0.040.070.200.300.390.55
Net Fixed Assets0.030.740.620.520.570.80
CWIP 00000.020
Investments 2.292.392.392.392.392.39
Inventories00.7715.567.190.470.56
Trade Receivables0.058.50021.6892.9980.89
Cash Equivalents 0.040.070.6810.609.5212.12
Others Assets0.611.192.223.423.5256.94
Total Assets 3.0213.6721.4845.80109.47153.70

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.23-8.40-2.65-11.21-5.44-24.39
PBT 0.010.841.514.277.367.26
Adjustment -0.010.040.130.120.461.13
Changes in Working Capital 0.23-9.28-4.29-15.58-12.53-31.66
Tax Paid 0000-0.30-0.48
Cash Flow From Investing Activity -0.19-0.84-0.010.010.270.27
Capex 0-0.75-0.010.01-0.16-0.37
Net Investments -0.20-0.100000
Others 0.010000.430.65
Cash Flow From Financing Activity 09.273.2721.124.0926.73
Net Proceeds from Shares 09.283.2921.93032.16
Net Proceeds from Borrowing 000000
Interest Paid 0-0.0100-0.37-0.98
Dividend Paid 000000
Others 00-0.03-0.814.45-4.45
Net Cash Flow 0.040.030.609.92-1.082.61
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.9714.9111.5212.3316.0410.08
ROCE (%)1.5915.3311.7415.2916.8811.84
Asset Turnover Ratio0.012.662.83.732.431.49
PAT to CFO Conversion(x)N/A-10.24-1.78-3.24-0.77-3.6
Working Capital Days
Receivable Days44670063111162
Inventory Days013613371
Payable Days03624660121

Precision Metaliks Ltd Stock News

Precision Metaliks Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Precision Metaliks 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 Precision Metaliks stood at ₹99.18.
The latest P/E ratio of Precision Metaliks as of 01-Jan-1970 05:30 is 14.62.
The latest P/B ratio of Precision Metaliks as of 01-Jan-1970 05:30 is 1.14.
The 52-week high of Precision Metaliks is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Precision Metaliks is ₹195.8 ( Cr.) .

About Precision Metaliks Ltd

Precision Metaliks  was incorporated in the year 2012. The company was initially engaged in the business of trading of the metals prior to FY 2018-19. After that, the company commenced manufacturing activity from FY 2019-20 in the SEZ Unit. Its SEZ Unit is situated at Visakhapatnam Special Economic Zone, Duvvada, Visakhapatnam, Andhra Pradesh. Under this unit, the company carries out the manufacturing activities / process on Semi-finished Wheels by rendering value added services such as cleaning, washing, buffing, polishing, testing and packing.

The company converts semifinished / raw wheels to finished wheels by carrying its value added services such as Polishing, Buffing, Testing and Packing for its major client, Synergies Castings, Visakhapatnam. The company is also planning to offer these services to the USA market through Silver MetalX INC, USA by way of supplying finished Alloy Wheels with accessories to cater to the aftermarket. It also provide high-end design engineering services, analysis, product development, prototyping, tooling design and various other services such as flow forming, skin cut services etc.

Major Products / services

  • Value added services on alloy wheels.
  • Automated cleaning of Aluminium chips + briquetting into Ingots.
  • Robotic polishing of alloy wheels.
  • Other Engineering Services.

Business area of the company

The company is engaged in trading and manufacturing Aluminium Alloy Wheels and finishing Alloy wheels i.e. cleaning, washing, buffing, polishing, testing, and packing.

Major Events and Milestones

  • 2012: Incorporated under Companies Act, 1956 as “Precision Metaliks Limited”.
  • 2018: Established SEZ Unit.
  • 2019: Commencement of manufacturing activities.
  • 2019: Executed 1st Export Order.
  • 2021: Conversion of Company to Limited Company for IPO.
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