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Cenlub Inds

₹414 7.6 | 1.9%

Market Cap ₹193 Cr.

Stock P/E 18.5

P/B 3.6

Current Price ₹414

Book Value ₹ 116

Face Value 10

52W High ₹609.4

Dividend Yield 0%

52W Low ₹ 178.2

Cenlub Inds Research see more...

Overview Inc. Year: 1992Industry: Engineering - Industrial Equipments

Cenlub Industries Limited is a leading company in the field of Centralised Lubrication Systems. Founded by late Mr. V.K. MIttal in 1992, the company designs, manufactures and supplies various lubrication products and solutions for machines, plants and equipment in different industries. The company is ISO certified and follows a quality improvement culture. The company’s main products include lubrication pumps, distributors, timers, controllers, specialized lubricators, tubes, hoses, pipes, fittings, clamps and mobile lube vans. The company also develops customized products and solutions as per customer requirements and applications. The company’s promoters are individuals / Hindu Undivided Family who hold 51.07% of the company’s shares, with Madhu Mittal as the Chairman & Managing Director.

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Cenlub Inds Share Price

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Quarterly Price

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Cenlub Inds Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 7 16 13 17 13 14 16 12 19 20
Other Income 0 0 0 1 0 0 0 0 0 0
Total Income 7 17 13 17 13 14 16 12 20 21
Total Expenditure 7 13 11 13 11 12 11 10 16 17
Operating Profit 1 4 1 4 2 2 5 2 4 4
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 4 1 4 2 2 5 2 4 3
Provision for Tax 0 1 0 0 0 1 1 0 1 1
Profit After Tax 0 3 1 3 1 2 4 1 3 2
Adjustments 0 0 0 0 0 0 0 0 -0 0
Profit After Adjustments 0 3 1 3 1 2 4 1 3 2
Adjusted Earnings Per Share 0.5 5.7 1.6 7.2 3 3.2 7.6 3.2 6.3 5.2

Cenlub Inds Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 33 25 30 31 36 37 48 39 41 52 54 67
Other Income 0 1 1 1 1 1 1 2 1 1 1 0
Total Income 34 26 30 32 37 38 50 41 42 54 55 69
Total Expenditure 29 23 26 28 31 31 40 35 35 44 45 54
Operating Profit 5 3 4 4 6 7 9 6 8 10 10 15
Interest 1 2 2 2 2 1 1 1 1 1 0 0
Depreciation 0 0 0 1 1 1 1 1 1 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 0 2 2 3 5 7 4 6 9 9 14
Provision for Tax 1 0 1 1 1 1 2 1 2 2 2 3
Profit After Tax 2 0 1 1 2 3 5 3 4 7 7 10
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 0 1 1 2 3 5 3 4 7 7 10
Adjusted Earnings Per Share 5.4 0.7 2.9 2.4 4.7 7.5 10.6 5.9 8.6 15 14.3 22.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 4% 11% 8% 5%
Operating Profit CAGR 0% 19% 7% 7%
PAT CAGR 0% 33% 18% 13%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 64% 78% 43% 38%
ROE Average 15% 16% 15% 13%
ROCE Average 19% 19% 18% 16%

Cenlub Inds Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 14 14 15 16 20 23 28 29 34 41 47
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 4 4 2 7 4 3 2 3 1 0
Other Non-Current Liabilities 1 1 1 1 1 1 1 2 2 1 1
Total Current Liabilities 14 17 18 18 18 17 19 21 18 17 14
Total Liabilities 28 36 38 37 46 46 52 54 56 60 63
Fixed Assets 5 6 7 10 19 17 19 19 18 18 18
Other Non-Current Assets 6 10 13 4 4 4 7 7 9 12 21
Total Current Assets 17 20 18 23 24 24 26 28 28 29 23
Total Assets 28 36 38 37 46 46 52 54 56 60 63

Cenlub Inds Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 5 6 7 5 1 1 1 1 1 1 1
Cash Flow from Operating Activities 3 3 4 1 4 7 7 1 6 3 6
Cash Flow from Investing Activities -2 -4 -5 6 -0 1 -5 0 -1 -1 -3
Cash Flow from Financing Activities -0 3 -1 -5 -3 -8 -2 -1 -5 -1 -1
Net Cash Inflow / Outflow 1 1 -2 2 1 -0 0 0 -0 0 3
Closing Cash & Cash Equivalent 6 7 5 7 1 1 1 1 1 1 4

Cenlub Inds Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 5.44 0.68 2.88 2.43 4.69 7.47 10.6 5.93 8.61 15.02 14.29
CEPS(Rs) 6.2 1.54 3.87 3.76 6.29 9.14 12.77 8 10.66 17 16.01
DPS(Rs) 0 0 0 0 0 0 2.5 0 0 0 0
Book NAV/Share(Rs) 32.97 33.65 36.53 39.11 42.51 50 60.51 63.12 71.95 86.96 101.3
Core EBITDA Margin(%) 13.52 8.48 12.27 10.36 12.76 15.19 16.56 10.06 15.68 16.74 16.37
EBIT Margin(%) 13.88 9.36 12.67 10.94 13.23 15.8 17.48 13.24 16.68 17.66 17.23
Pre Tax Margin(%) 9.78 1.6 5.91 4.88 8.6 12.6 14.94 10.42 14.07 16.54 16.75
PAT Margin (%) 6.75 1.1 3.99 3.19 5.58 9.23 10.27 7.08 9.8 13.36 12.36
Cash Profit Margin (%) 7.69 2.49 5.34 4.94 7.49 11.29 12.37 9.55 12.14 15.12 13.85
ROA(%) 7.95 0.87 3.21 2.66 5.25 7.58 10.1 5.2 7.3 12.13 10.9
ROE(%) 18 2.04 8.22 6.42 12.18 16.14 19.18 9.59 12.74 18.9 15.19
ROCE(%) 21.87 9.39 12.9 11.84 16.16 16.86 23.22 12.88 16.37 21 18.83
Receivable days 94.96 110.41 85.77 86.91 87.37 102.48 89.39 118.89 132.15 118.75 99.56
Inventory Days 40.04 55.2 65.24 68.97 52.72 50.17 33.42 39.56 28.76 17.15 30.08
Payable days 86.86 100.22 102.35 115.81 117.87 116.92 96.42 132.34 117.27 101.15 97.88
PER(x) 5.22 27.85 8.93 7.83 12.55 6.37 6.02 4.18 6.55 7.06 15.14
Price/Book(x) 0.86 0.56 0.7 0.49 1.39 0.95 1.05 0.39 0.78 1.22 2.14
Dividend Yield(%) 0 0 0 0 0 0 3.92 0 0 0 0
EV/Net Sales(x) 0.45 0.58 0.71 0.38 1.04 0.68 0.65 0.37 0.62 0.9 1.88
EV/Core EBITDA(x) 3.07 5.42 5.06 3 6.24 3.73 3.32 2.34 3.25 4.65 10.06
Net Sales Growth(%) -6.61 -23.31 17 5.11 13.79 4.05 29.64 -18.83 4.91 27.97 2.89
EBIT Growth(%) -5.52 -48.28 58.31 -9.2 51.27 14.92 41.03 -38.51 32.19 35.45 0.4
PAT Growth(%) -12.02 -87.53 324.99 -15.87 118.98 59.07 41.91 -44.08 45.21 74.54 -4.83
EPS Growth(%) -12.02 -87.53 325 -15.87 93.48 59.07 41.91 -44.08 45.21 74.54 -4.83
Debt/Equity(x) 0.67 1.03 1.02 0.71 0.85 0.46 0.36 0.42 0.24 0.15 0.1
Current Ratio(x) 1.26 1.21 1 1.28 1.3 1.45 1.35 1.36 1.6 1.75 1.66
Quick Ratio(x) 1.06 0.92 0.69 0.93 1.02 1.14 1.17 1.12 1.51 1.55 1.27
Interest Cover(x) 3.39 1.21 1.87 1.81 2.86 4.94 6.9 4.69 6.39 15.74 35.44
Total Debt/Mcap(x) 0.78 1.83 1.45 1.45 0.7 0.48 0.34 1.08 0.31 0.12 0.05

Cenlub Inds Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 51.64 51.64 51.64 51.09 51.48 51.29 51.34 51 51.07 51.26
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 48.36 48.36 48.36 48.91 48.52 48.71 48.66 49 48.93 48.74
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 101.15 to 97.88days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.6 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Cenlub Inds News

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