Tata Metaliks
MergedNo trades in 1Y
Peer Comparison
Commodities › Ferrous Metals › Pig Iron
| ₹405.80 | 18.82 | ₹6,802 Cr | 1.68 | 1.44% | 14.50% | 13.40% | ₹6,935 Cr | ₹355 Cr | |
Tata Metaliks (this company) | — | — | — | — | — | 5.18% | 7.91% | ₹3,121 Cr | — |
| Median 2 companies | ₹405.80 | 18.82 | ₹6,802 Cr | 1.68 | 1.44% | 9.84% | 10.66% | ₹5,028 Cr | ₹355 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Key Insights
Strengths
2- Company is almost debt free.
- Company's working capital requirements have reduced from 50.0 days to 22.9 days
Weaknesses
3- Company has a low return on equity of 12.6% over last 3 years.
- Dividend payout has been low at 12.0% of profits over last 3 years
- Company's cost of borrowing seems high
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 2 | 5 | 12 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Neutral
Overall
Strong Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 66.48
- Neutral
- MACD (12,26,9)
- 15.34
- Bullish
- SMA (50)
- 1,011.07
- Bullish
- SMA (200)
- 875.99
- Bullish
As of , the latest day with price data, so these readings are not current.
Growth Rate
Annual windows: The latest annual results are more than two years old, so no annual growth is shown.
Trailing twelve months: The latest quarterly results are more than a year old.
Quarterly Results
₹ CrResults for the period ended Dec 2023 were due by 14 Feb 2024 and are not in this table yet.
| Particulars | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 520 | 526 | 661 | 603 | 645 | 690 | 808 | 666 | 877 | 790 | 926 | 650 | 755 |
| Expenses | 410 | 400 | 518 | 450 | 545 | 622 | 751 | 642 | 836 | 751 | 833 | 615 | 665 |
| Operating Profit | 109 | 126 | 143 | 153 | 100 | 68 | 57 | 24 | 41 | 39 | 93 | 35 | 90 |
| OPM % | 21% | 24% | 22% | 25% | 15% | 10% | 7% | 3.6% | 4.7% | 4.9% | 10% | 5% | 12% |
| Other Income | 2 | 2 | 3 | 3 | 3 | 3 | 38 | 3 | 5 | 2 | 4 | 3 | 3 |
| Interest | 5 | 4 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 10 | 9 | 11 | 10 |
| Depreciation | 16 | 15 | 16 | 16 | 16 | 15 | 15 | 18 | 19 | 19 | 22 | 21 | 22 |
| PBT | 90 | 109 | 124 | 135 | 81 | 50 | 73 | 2 | 20 | 12 | 67 | 6 | 62 |
| Tax % | 9% | 31% | 39% | 30% | 32% | 29% | 28% | 29% | 29% | 23% | 17% | 26% | 28% |
| Net Profit | 82 | 75 | 75 | 95 | 55 | 36 | 52 | 1 | 14 | 9 | 56 | 5 | 44 |
| EPS (₹) | 25.95 | 23.79 | 23.73 | 29.97 | 17.28 | 11.28 | 16.6 | 0.39 | 4.52 | 3 | 17.58 | 1.44 | 13.97 |
Profit & Loss
₹ Cr| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,133 | 864 | 1,161 | 1,098 | 1,390 | 1,410 | 1,895 | 2,155 | 2,051 | 1,917 | 2,746 | 3,260 | 3,121 |
| Expenses | 1,238 | 876 | 1,067 | 944 | 1,173 | 1,184 | 1,617 | 1,849 | 1,765 | 1,527 | 2,366 | 3,061 | 2,864 |
| Operating Profit | −105 | −12 | 94 | 154 | 217 | 226 | 277 | 306 | 285 | 390 | 379 | 198 | 257 |
| OPM % | −9% | −1.4% | 8% | 14% | 16% | 16% | 15% | 14% | 14% | 20% | 14% | 6% | 8% |
| Other Income | 27 | −6 | −20 | 0 | 1 | 1 | 20 | 8 | 16 | 8 | 47 | 14 | 13 |
| Interest | 31 | 20 | 27 | 34 | 47 | 39 | 48 | 44 | 35 | 25 | 26 | 34 | 40 |
| Depreciation | 16 | 16 | 16 | 13 | 33 | 36 | 49 | 58 | 65 | 67 | 62 | 77 | 84 |
| PBT | −125 | −55 | 32 | 107 | 138 | 152 | 200 | 212 | 201 | 306 | 339 | 101 | 147 |
| Tax % | −28% | 0% | −21% | 22% | 19% | 23% | 21% | 14% | 18% | 28% | 30% | 20% | — |
| Net Profit | −91 | −55 | 39 | 84 | 112 | 116 | 159 | 182 | 166 | 220 | 237 | 81 | 114 |
| EPS (₹) | −35.81 | −21.56 | 15.26 | 33.07 | 44.38 | 45.87 | 62.92 | 64.73 | 59.06 | 69.56 | 75.14 | 25.49 | 35.99 |
| Div. Payout % | 0% | 0% | 0% | 0% | 5% | 5% | 5% | 5% | 4% | 6% | 11% | 20% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 28 | 28 | 32 | 32 | 32 | 32 |
| Reserves | −4 | −58 | −20 | 63 | 74 | 182 | 333 | 739 | 891 | 1,268 | 1,494 | 1,548 | 1,580 |
| Borrowings | 542 | 455 | 345 | 314 | 410 | 540 | 475 | 42 | 302 | 160 | 148 | 145 | 142 |
| Other Liabilities | 107 | 310 | 332 | 302 | 350 | 319 | 291 | 573 | 473 | 402 | 676 | 781 | 734 |
| Total Liabilities | 671 | 732 | 683 | 704 | 859 | 1,066 | 1,125 | 1,382 | 1,695 | 1,862 | 2,349 | 2,506 | 2,487 |
| Fixed Assets | 188 | 152 | 226 | 200 | 353 | 590 | 586 | 630 | 668 | 793 | 1,005 | 1,182 | 1,247 |
| CWIP | 26 | 114 | 3 | 0 | 88 | 34 | 24 | 31 | 98 | 134 | 233 | 164 | 190 |
| Investments | 102 | 99 | 134 | 134 | 0 | 0 | 10 | 0 | 10 | 0 | 60 | 100 | 0 |
| Other Assets | 355 | 367 | 320 | 370 | 419 | 442 | 505 | 721 | 918 | 936 | 1,051 | 1,060 | 1,051 |
| Total Assets | 671 | 732 | 683 | 704 | 859 | 1,066 | 1,125 | 1,382 | 1,695 | 1,862 | 2,349 | 2,506 | 2,487 |
Cash Flow
₹ Cr| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −27 | 154 | 182 | 79 | 91 | 77 | 196 | 375 | 70 | 281 | 470 | 92 |
| Investing | −72 | −100 | −15 | −21 | −79 | −125 | −70 | −87 | −146 | −279 | −381 | 5 |
| Financing | 170 | −125 | −152 | −72 | −13 | 49 | −125 | −262 | 156 | −70 | −56 | −68 |
| Net Cash Flow | 70 | −70 | 16 | −15 | −1 | 0 | 1 | 25 | 80 | −68 | 33 | 28 |
| Free Cash Flow | −72 | 48 | 202 | 58 | 11 | −49 | 135 | 277 | −69 | 137 | 190 | −72 |
| CFO/EBITDA | 25 | −1,137 | 196 | 66 | 53 | 49 | 87 | 138 | 38 | 86 | 140 | 59 |
Ratios
| Particulars | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14 | 51 | 48 | 72 | 45 | 49 | 41 | 47 | 50 | 47 | 28 | 34 |
| Inventory Days | 46 | 87 | 35 | 36 | 68 | 89 | 67 | 86 | 117 | 154 | 102 | 94 |
| Days Payable | 25 | 127 | 106 | 126 | 142 | 95 | 66 | 132 | 118 | 102 | 96 | 88 |
| Cash Conversion Cycle | 35 | 12 | −24 | −18 | −28 | 43 | 41 | 2 | 48 | 99 | 34 | 40 |
| Working Capital Days | −96 | −112 | −81 | −36 | −56 | −69 | −14 | 15 | 10 | 89 | 38 | 23 |
| ROCE % | −18% | −4% | 21% | 38% | 41% | 30% | 31% | 31% | 23% | 25% | 21% | 8% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Tata Metaliks insights
62 extracted metrics across FY11–FY24.
Documents
- Concall · Aug 2023PPT
- Concall · Aug 2022PPT
- Concall · Jan 2022Transcript
- Concall · Jul 2021Transcript
- Concall · Oct 2020Transcript
- 12 Feb 2024
- 6 Oct 2023
- 16 Dec 2022
- 29 Nov 2022
- 4 Oct 2022
Frequently Asked Questions about Tata Metaliks
What does Tata Metaliks Ltd do?
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Company Information
Tata Metaliks incorporated in 1990 as a subsidiary of Tata Steel, is one of India’s leading producers of high-quality Pig Iron (PI) and Ductile Iron Pipes (DIP). Co. products find use in the water infrastructure industry and partly cast into PI for use in foundries.
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