Fine-Line Circuits

₹94 0 | 0%

WEBSITE BSE:517264 NSE : FINELINE CI 06 May, 00:00

Market Cap ₹45 Cr.

Stock P/E 2270.5

P/B 5.3

Current Price ₹94

Book Value ₹ 17.7

Face Value 10

52W High ₹103.5

Dividend Yield 0%

52W Low ₹ 36.5

Edit Ratio

Fine-Line Circuits Research see more...

Overview Inc. Year: 1989Industry: Electronics - Components

Fine-Line Circuits Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Fine-Line Circuits 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	8	7	7	8	7	8	6	5	5	7
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	8	7	7	8	7	8	6	5	5	7
Total Expenditure	7	7	7	7	6	7	6	5	5	6
Operating Profit	0	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	0	-0	-0	0
Provision for Tax	0	0	0	0	0	0	0	0	-0	0
Profit After Tax	0	0	0	0	0	0	0	-0	-0	0
Adjustments	-0	0	0	0	0	0	0	0	-0	0
Profit After Adjustments	0	0	0	0	0	0	0	-0	-0	0
Adjusted Earnings Per Share	0.4	0.5	0.5	0.5	0.1	0.1	0	-0.2	-0.1	0.4

Fine-Line Circuits 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	25	25	24	25	26	28	32	27	23	30	27	23
Other Income	0	0	0	0	0	1	0	1	0	0	1	0
Total Income	25	25	24	26	26	29	32	27	23	31	28	23
Total Expenditure	24	24	23	25	24	27	30	26	22	29	27	22
Operating Profit	1	1	1	1	1	2	2	1	1	2	1	0
Interest	0	0	0	0	1	1	1	1	0	0	1	0
Depreciation	1	0	1	1	1	1	1	1	1	0	1	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	0	0	-0	0	0	0	0	-0	0	1	0	0
Provision for Tax	0	0	-0	0	0	0	-0	0	0	0	-0	0
Profit After Tax	0	0	0	0	0	0	0	-0	0	1	0	0
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	0	0	0	0	0	0	0	-0	0	1	0	0
Adjusted Earnings Per Share	0.2	0.4	0.2	0.2	0.1	0.2	0.3	-0.2	0.1	1.8	0.1	0.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-10%	0%	-1%	1%
Operating Profit CAGR	-50%	0%	-13%	0%
PAT CAGR	-100%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	75%	54%	45%	34%
ROE Average	1%	4%	3%	2%
ROCE Average	5%	7%	6%	7%

Fine-Line Circuits 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	7	7	7	7	7	7	7	7	7	8	9
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	1	2	1	2	1	1	0	0	0
Other Non-Current Liabilities	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Total Current Liabilities	7	5	5	6	6	8	10	9	8	8	10
Total Liabilities	13	11	12	14	14	16	18	16	15	16	18
Fixed Assets	3	3	3	3	4	4	3	3	3	3	3
Other Non-Current Assets	0	0	0	0	0	0	0	1	1	0	0
Total Current Assets	9	8	9	11	10	12	14	13	12	13	15
Total Assets	13	11	12	14	14	16	18	16	15	16	18

Fine-Line Circuits 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	0	0	0	1	1	0	1	2	2	2	2
Cash Flow from Operating Activities	-1	1	1	-0	0	1	0	2	2	1	0
Cash Flow from Investing Activities	-0	-0	-1	-0	-1	-1	-1	-0	-0	-0	-3
Cash Flow from Financing Activities	1	-1	1	1	-0	1	1	-1	-2	-1	2
Net Cash Inflow / Outflow	-0	-0	1	1	-1	1	1	0	0	-0	-0
Closing Cash & Cash Equivalent	0	0	1	1	0	1	2	2	2	2	2

Fine-Line Circuits 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)	0.16	0.45	0.16	0.18	0.07	0.19	0.34	-0.18	0.11	1.83	0.15
CEPS(Rs)	1.4	1.49	1.24	1.38	1.48	1.88	2.01	1.48	1.35	2.87	1.2
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	13.51	13.95	14.02	14.2	14.3	14.56	15.06	15.23	15.52	17.28	17.67
Core EBITDA Margin(%)	3.24	3.13	2.32	2.04	4.58	3.5	3.86	3.31	3.54	4.84	1.95
EBIT Margin(%)	2.16	2.82	1.55	1.96	2.68	2.76	2.73	2.26	2.45	4.65	2.26
Pre Tax Margin(%)	0.52	1.04	-0.1	0.54	0.61	0.47	0.51	-0.32	0.25	3.05	0.24
PAT Margin (%)	0.31	0.87	0.32	0.34	0.14	0.33	0.52	-0.33	0.23	2.93	0.26
Cash Profit Margin (%)	2.69	2.88	2.52	2.63	2.78	3.19	3.07	2.67	2.87	4.58	2.1
ROA(%)	0.64	1.78	0.64	0.65	0.25	0.62	0.96	-0.51	0.34	5.71	0.42
ROE(%)	1.2	3.27	1.14	1.26	0.52	1.34	2.3	-1.19	0.72	11.16	0.85
ROCE(%)	7.53	9.21	4.71	5.45	6.8	7.17	6.8	4.49	4.5	11.92	4.63
Receivable days	38.56	48.11	45.98	45.82	50.68	48.93	52.39	64.08	61.28	47.88	59.43
Inventory Days	74.33	72.58	71.13	72.42	79.47	78.88	75.31	82.29	86.18	65.21	79.28
Payable days	119.82	156.02	152.04	133.41	113.79	96.05	94.03	109.86	101.51	73.77	77.92
PER(x)	32.79	9.38	43.83	56.47	181.64	54.86	46.61	0	200	25.96	301.41
Price/Book(x)	0.39	0.3	0.5	0.7	0.94	0.73	1.06	1.57	1.42	2.75	2.55
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.15	0.1	0.18	0.26	0.38	0.3	0.38	0.57	0.55	0.82	0.89
EV/Core EBITDA(x)	3.29	2.03	6.99	7.19	7.06	5.36	7.25	10.78	10.73	12.92	21.65
Net Sales Growth(%)	12.87	-0.68	-4.56	6.79	0.9	10.91	11.41	-15.34	-15.13	32.66	-8.65
EBIT Growth(%)	121.63	29.67	-47.44	34.77	38.02	14.3	10.14	-29.96	-7.88	151.76	-55.67
PAT Growth(%)	102.78	178.09	-64.41	10.94	-58.2	160.96	76.53	-153.05	160.8	1562.95	-91.84
EPS Growth(%)	102.78	178.1	-64.41	10.9	-58.19	160.96	76.53	-153.05	160.79	1563.36	-91.84
Debt/Equity(x)	0.21	0.08	0.23	0.44	0.49	0.65	0.89	0.79	0.54	0.44	0.74
Current Ratio(x)	1.43	1.68	1.92	1.81	1.65	1.59	1.45	1.5	1.56	1.66	1.51
Quick Ratio(x)	0.6	0.79	0.89	0.93	0.68	0.76	0.78	0.86	0.85	0.96	0.86
Interest Cover(x)	1.32	1.59	0.94	1.39	1.3	1.21	1.23	0.87	1.11	2.9	1.12
Total Debt/Mcap(x)	0.55	0.28	0.46	0.63	0.52	0.89	0.85	0.5	0.38	0.16	0.29

Fine-Line Circuits Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	34.33	33.4	33.4	33.4	33.4	33.4	33.4	33.4	33.4	33.4
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	65.66	66.6	66.6	66.6	66.6	66.6	66.6	66.6	66.6	66.6
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.17	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.32	0.32	0.32	0.32	0.32	0.32	0.32	0.32	0.32	0.32
Others	0	0	0	0	0	0	0	0	0	0
Total	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48	0.48

Pros

Cons

Promoter holding is low: 33.4%.
Company has a low return on equity of 4% over the last 3 years.
Debtor days have increased from 73.77 to 77.92days.
Stock is trading at 5.3 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.