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Integra Engineering

₹291 3.9 | 1.4%

Market Cap ₹1000 Cr.

Stock P/E 60.3

P/B 13.5

Current Price ₹291

Book Value ₹ 21.5

Face Value 1

52W High ₹328.6

Dividend Yield 0%

52W Low ₹ 161.2

Integra Engineering Research see more...

Overview Inc. Year: 1981Industry: Engineering - Industrial Equipments

Integra Engineering India Ltd is engaged in engineering and manufacturing of machinery, components and job work. The Company gives a range of engineering solutions for machining, in addition to sheet metal fabrication work of ferrous and non-ferrous material with the variety of thicknesses for power region and delivery sectors, together with power converter, traction converter, auxiliary converters, switching devices and switch equipment enclosures. It manufactures metallic to metallic contact relay for Indian railways, fuse automated changeover machine and offers solutions for high volume electro-mechanical assemblies, complex mechanical assemblies and high degree assemblies. It also manufactures high end products, which includes electro-mechanical relays for power sectors and wiring harnesses. It manufactures Pre-stressed Groups, Domino Panels, Point Contactor Units and Key Lock Relays. It serves various verticals, including railways, earthmoving equipment, automobile, instrumentation and preferred engineering.

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Integra Engineering Share Price

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Integra Engineering Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 27 27 31 28 33 37 36 38 35 40
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 27 27 31 28 33 37 36 38 35 41
Total Expenditure 23 23 27 25 28 30 29 32 29 33
Operating Profit 4 4 4 3 5 7 7 7 6 8
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 3 3 2 4 6 6 6 5 7
Provision for Tax 1 1 1 1 1 -3 2 2 1 2
Profit After Tax 3 2 2 1 3 9 5 4 3 4
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 3 2 2 1 3 9 5 4 3 4
Adjusted Earnings Per Share 0.8 0.6 0.6 0.4 0.8 2.7 1.4 1.2 1 1.2

Integra Engineering Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 28 26 32 45 63 63 63 104 133 149
Other Income 2 2 4 2 2 2 2 1 1 0
Total Income 30 29 36 47 64 65 65 105 134 150
Total Expenditure 28 26 32 41 54 55 55 89 112 123
Operating Profit 2 3 4 6 11 11 10 16 22 28
Interest 0 0 1 1 1 1 1 1 1 0
Depreciation 2 1 1 1 1 1 2 2 2 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 2 2 5 9 8 8 13 19 24
Provision for Tax -0 1 1 1 -2 3 2 4 0 7
Profit After Tax -0 1 2 3 11 6 5 9 18 16
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 1 2 3 11 6 5 9 18 16
Adjusted Earnings Per Share -0 0.4 0.5 1 3.2 1.7 1.6 2.7 5.3 4.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 28% 28% 24% 0%
Operating Profit CAGR 38% 26% 30% 0%
PAT CAGR 100% 44% 43% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 76% 101% 42% 35%
ROE Average 35% 25% 32% 24%
ROCE Average 24% 20% 23% 18%

Integra Engineering Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 24 25 9 12 23 29 35 44 62
Minority's Interest 0 0 0 0 0 0 0 0 0
Borrowings 1 0 12 12 12 12 12 12 12
Other Non-Current Liabilities -2 -2 -2 -1 -5 -4 -3 -1 -4
Total Current Liabilities 6 5 12 18 20 22 28 51 31
Total Liabilities 29 28 31 41 50 59 72 106 102
Fixed Assets 8 8 8 11 12 16 16 19 25
Other Non-Current Assets 0 1 2 2 1 1 2 5 3
Total Current Assets 21 19 21 28 37 41 53 82 74
Total Assets 29 28 31 41 50 59 72 106 102

Integra Engineering Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 1 2 3 4 0 4 0 4 0
Cash Flow from Operating Activities 1 2 1 0 5 5 12 -7 9
Cash Flow from Investing Activities 0 2 1 -4 -1 -8 -8 2 -7
Cash Flow from Financing Activities -1 -3 -0 -0 -0 -0 -0 1 0
Net Cash Inflow / Outflow 1 0 1 -4 3 -3 4 -4 3
Closing Cash & Cash Equivalent 2 3 4 0 4 0 4 0 3

Integra Engineering Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -0 0.38 0.46 1 3.25 1.68 1.58 2.66 5.29
CEPS(Rs) 0.45 0.6 0.7 1.26 3.57 2.09 2.03 3.14 5.92
DPS(Rs) 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 3.34 3.72 2.53 3.5 6.75 8.41 10 12.63 18.07
Core EBITDA Margin(%) -0.3 1.21 0.42 9.95 14.57 13.35 12.86 14.19 16.09
EBIT Margin(%) 1.21 7.08 8.37 11.69 15.67 14.57 13.36 13.83 14.9
Pre Tax Margin(%) -0.39 6.64 6.89 10.45 14.45 13.33 12.23 12.87 14.02
PAT Margin (%) -0.04 4.48 4.51 7.39 17.74 9.17 8.58 8.77 13.66
Cash Profit Margin (%) 5.11 7.09 6.78 9.36 19.53 11.36 11.02 10.38 15.28
ROA(%) -0.05 4.53 5.31 9.37 24.37 10.62 8.28 10.25 17.53
ROE(%) -1.19 10.76 14.86 33 63.33 22.22 17.15 23.49 34.52
ROCE(%) 2.04 7.83 12.8 23.11 30.71 21.24 15.78 20.59 24.4
Receivable days 38.51 74.3 73.75 91.81 99.43 121.83 138.55 122.36 111.52
Inventory Days 83.92 73.14 58.27 52.78 52.96 61.83 65 71.48 77.94
Payable days 34.35 67.92 72.37 91.51 88.73 75.55 58.1 60.13 60.17
PER(x) 0 60.37 69.9 52.57 16.62 11.66 16.91 26.65 23.5
Price/Book(x) 5.7 6.16 12.83 14.95 7.99 2.34 2.67 5.61 6.88
Dividend Yield(%) 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 2.66 3.24 3.68 4.19 3.09 1.28 1.58 2.64 3.3
EV/Core EBITDA(x) 38.72 30.21 31.21 29.98 17.68 7.63 10.02 17.11 19.98
Net Sales Growth(%) 252.93 -6.88 21.5 41.35 38.81 0.41 0.14 64.66 28.35
EBIT Growth(%) -76.54 457.2 43.62 82.37 82.09 -6.67 -8.15 70.35 38.3
PAT Growth(%) -101.97 0 22.32 114.17 225.99 -48.11 -6.29 68.37 99.78
EPS Growth(%) -101.13 0 22.32 114.17 225.99 -48.11 -6.29 68.37 99.08
Debt/Equity(x) 0.15 0 1.43 1.13 0.65 0.66 0.71 0.85 0.32
Current Ratio(x) 3.33 3.99 1.73 1.57 1.88 1.9 1.89 1.61 2.36
Quick Ratio(x) 2.29 2.91 1.23 1.16 1.32 1.41 1.46 1.05 1.46
Interest Cover(x) 0.76 16.05 5.64 9.41 12.83 11.72 11.82 14.42 16.89
Total Debt/Mcap(x) 0.06 0 0.11 0.08 0.08 0.28 0.27 0.15 0.05

Integra Engineering Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 54.67 54.67 54.67 54.48 54.48 54.48 54.48 54.48 54.48 54.48
FII 0 0 0 0 0 0 0 0 0 0.03
DII 0.28 0.28 0.28 0.28 0.28 0.28 0.28 0.28 0.28 0.28
Public 45.04 45.04 45.04 45.24 45.24 45.24 45.24 45.24 45.24 45.21
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 43% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25%
  • Company is almost debt free.

Cons

  • Debtor days have increased from 60.13 to 60.17days.
  • Stock is trading at 13.5 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.

Integra Engineering News

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