Market Cap ₹3031 Cr.
Stock P/E 57.8
P/B 12.6
Current Price ₹2809.4
Book Value ₹ 223.1
Face Value 10
52W High ₹3250
Dividend Yield 0.07%
52W Low ₹ 1296
Thejo Engineering Ltd is an totally India-based organisation, which offers renovation and repair offerings and different rubber merchandise. The Company mostly manufactures rubber and polyurethane-based engineered products. The Company's segments comprises Manufacturing Units, Service Units and Others. The Company's products commercial enterprise centres across the design, development, manufacture and deliver of rubber and polyurethane-based engineered products for belt cleaning, spillage control, flow enhancement, effect and abrasion safety, and screening programs. The Company's service commercial enterprise caters to installation and preservation of conveyor belts and allied offerings, which includes belt splicing, pulley lagging, belt reconditioning and rubber lining. Its products consists of transfer point solutions, conveyor belt repair device, belt monitoring and manage, Grator-screening solutions, Rhino-wear resistant liners, rubber-covered pipes and fittings, rubber hoses and ceramic pulley lagging.
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₹ | |
| #(Fig in Cr.) | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|
| Net Sales | 111 | 119 | 122 | 135 | 134 | 150 |
| Other Income | 0 | 1 | 1 | 1 | 0 | 2 |
| Total Income | 112 | 120 | 123 | 136 | 134 | 152 |
| Total Expenditure | 92 | 104 | 107 | 112 | 111 | 121 |
| Operating Profit | 19 | 16 | 16 | 24 | 23 | 31 |
| Interest | 1 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 3 | 3 | 3 | 5 | 5 | 5 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 15 | 12 | 12 | 17 | 17 | 24 |
| Provision for Tax | 4 | 3 | 3 | 4 | 3 | 5 |
| Profit After Tax | 12 | 9 | 9 | 13 | 14 | 19 |
| Adjustments | -1 | -1 | -0 | -1 | -0 | -2 |
| Profit After Adjustments | 10 | 8 | 9 | 13 | 13 | 17 |
| Adjusted Earnings Per Share | 9.8 | 7.8 | 8.4 | 11.8 | 12.2 | 16.1 |
| #(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 | 137 | 159 | 186 | 175 | 181 | 221 | 229 | 304 | 327 | 424 | 474 | 541 |
| Other Income | 2 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 3 | 1 | 3 | 4 |
| Total Income | 139 | 161 | 187 | 176 | 181 | 222 | 231 | 304 | 330 | 426 | 478 | 545 |
| Total Expenditure | 121 | 146 | 175 | 163 | 161 | 194 | 198 | 255 | 277 | 356 | 415 | 451 |
| Operating Profit | 18 | 15 | 12 | 13 | 20 | 28 | 33 | 49 | 53 | 70 | 63 | 94 |
| Interest | 4 | 5 | 6 | 6 | 6 | 6 | 5 | 5 | 4 | 3 | 5 | 7 |
| Depreciation | 3 | 4 | 6 | 6 | 5 | 5 | 6 | 6 | 9 | 11 | 12 | 18 |
| Exceptional Income / Expenses | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 12 | 6 | 0 | 1 | 9 | 17 | 22 | 38 | 41 | 56 | 46 | 70 |
| Provision for Tax | 4 | 5 | 2 | 2 | 3 | 4 | 7 | 8 | 11 | 14 | 11 | 15 |
| Profit After Tax | 8 | 1 | -2 | -1 | 6 | 13 | 15 | 30 | 29 | 43 | 35 | 55 |
| Adjustments | -0 | 2 | 2 | 1 | -0 | -2 | -1 | -5 | -3 | -5 | -2 | -3 |
| Profit After Adjustments | 8 | 3 | -0 | 0 | 6 | 11 | 13 | 25 | 26 | 38 | 32 | 52 |
| Adjusted Earnings Per Share | 7.6 | 3 | -0.2 | 0.2 | 5.6 | 10.7 | 13 | 24.2 | 25.1 | 35.3 | 30.3 | 48.5 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 12% | 16% | 16% | 13% |
| Operating Profit CAGR | -10% | 9% | 18% | 13% |
| PAT CAGR | -19% | 5% | 22% | 16% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 88% | 64% | 74% | 45% |
| ROE Average | 19% | 25% | 26% | 17% |
| ROCE Average | 26% | 32% | 31% | 23% |
| #(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 | 51 | 53 | 51 | 50 | 56 | 66 | 77 | 101 | 129 | 165 | 196 |
| Minority's Interest | 0 | 1 | 3 | 2 | 2 | 5 | 6 | 12 | 15 | 21 | 23 |
| Borrowings | 0 | 3 | 7 | 8 | 5 | 10 | 8 | 11 | 5 | 12 | 10 |
| Other Non-Current Liabilities | -0 | 1 | 0 | -0 | 0 | -0 | -0 | -0 | 7 | 23 | 30 |
| Total Current Liabilities | 67 | 77 | 87 | 83 | 74 | 71 | 75 | 89 | 84 | 80 | 103 |
| Total Liabilities | 118 | 135 | 148 | 142 | 138 | 151 | 166 | 214 | 239 | 301 | 362 |
| Fixed Assets | 23 | 33 | 31 | 30 | 29 | 32 | 34 | 32 | 46 | 66 | 112 |
| Other Non-Current Assets | 3 | 3 | 4 | 4 | 5 | 6 | 5 | 5 | 5 | 7 | 4 |
| Total Current Assets | 89 | 95 | 110 | 105 | 102 | 112 | 128 | 177 | 188 | 228 | 246 |
| Total Assets | 118 | 135 | 148 | 142 | 138 | 151 | 166 | 214 | 239 | 301 | 362 |
| #(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 | 14 | 10 | 10 | 7 | 9 | 10 | 15 | 22 | 30 | 43 |
| Cash Flow from Operating Activities | 0 | 5 | 1 | 4 | 12 | 22 | 20 | 19 | 52 | 27 | 59 |
| Cash Flow from Investing Activities | -10 | -13 | -4 | -4 | -5 | -8 | -6 | -4 | -14 | -15 | -50 |
| Cash Flow from Financing Activities | 19 | 4 | 4 | -4 | -4 | -13 | -9 | -2 | -31 | -0 | -8 |
| Net Cash Inflow / Outflow | 10 | -4 | 1 | -4 | 3 | 1 | 5 | 13 | 7 | 13 | 0 |
| Closing Cash & Cash Equivalent | 14 | 10 | 10 | 7 | 9 | 10 | 15 | 28 | 30 | 43 | 43 |
| # | 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) | 7.57 | 3.04 | -0.22 | 0.21 | 5.59 | 10.73 | 12.95 | 24.21 | 25.08 | 35.31 | 30.29 |
| CEPS(Rs) | 10.12 | 4.88 | 3.81 | 4.8 | 11.19 | 17.98 | 20.65 | 35.35 | 36.22 | 49.77 | 43.91 |
| DPS(Rs) | 5 | 3.5 | 3.5 | 3.5 | 3.5 | 4 | 5 | 5 | 6 | 2 | 2 |
| Book NAV/Share(Rs) | 46.7 | 48.8 | 47.28 | 46.19 | 52.56 | 62.35 | 74.53 | 96.53 | 120.14 | 153.24 | 181.61 |
| Core EBITDA Margin(%) | 11.4 | 8.38 | 5.96 | 7.14 | 10.82 | 12.3 | 13.71 | 16.04 | 15.24 | 16.13 | 12.47 |
| EBIT Margin(%) | 11.06 | 6.62 | 3.07 | 4.19 | 8.12 | 10.21 | 11.38 | 14.15 | 13.52 | 14 | 10.62 |
| Pre Tax Margin(%) | 8.36 | 3.87 | 0.11 | 0.83 | 5.01 | 7.69 | 9.41 | 12.64 | 12.39 | 13.26 | 9.65 |
| PAT Margin (%) | 5.52 | 0.81 | -1.21 | -0.41 | 3.34 | 5.9 | 6.46 | 9.99 | 9 | 10.02 | 7.34 |
| Cash Profit Margin (%) | 7.37 | 3.07 | 2.07 | 2.75 | 6.22 | 8.34 | 9.28 | 12.07 | 11.68 | 12.5 | 9.9 |
| ROA(%) | 7.72 | 1.05 | -1.62 | -0.51 | 4.41 | 9.06 | 9.33 | 15.98 | 12.99 | 15.73 | 10.49 |
| ROE(%) | 21.7 | 2.69 | -4.62 | -1.52 | 12.14 | 22.14 | 21.02 | 34.3 | 25.95 | 29.31 | 19.46 |
| ROCE(%) | 25.92 | 13.9 | 6.97 | 8.72 | 16.46 | 23.37 | 25.28 | 35.04 | 32.1 | 37.12 | 25.59 |
| Receivable days | 94.77 | 96.15 | 97.23 | 110.33 | 110.95 | 102.05 | 102.75 | 99.13 | 108.19 | 85.71 | 82.58 |
| Inventory Days | 33.65 | 31.94 | 29.55 | 39.53 | 45.35 | 40.33 | 49.15 | 42.15 | 40.28 | 38.9 | 42.78 |
| Payable days | 130.19 | 111.45 | 109.63 | 195.45 | 112.29 | 107.98 | 144.7 | 130.82 | 165.62 | 131.35 | 139.29 |
| PER(x) | 8.34 | 22.46 | 0 | 311.85 | 12.64 | 14.76 | 14.41 | 6.21 | 15.54 | 34.06 | 43.79 |
| Price/Book(x) | 1.35 | 1.4 | 1.37 | 1.39 | 1.34 | 2.54 | 2.5 | 1.56 | 3.24 | 7.85 | 7.3 |
| Dividend Yield(%) | 1.32 | 1.71 | 1.79 | 1.82 | 1.65 | 0.84 | 0.89 | 1.11 | 0.51 | 0.17 | 0.15 |
| EV/Net Sales(x) | 0.56 | 0.58 | 0.5 | 0.56 | 0.58 | 0.84 | 0.91 | 0.54 | 1.17 | 2.94 | 2.92 |
| EV/Core EBITDA(x) | 4.23 | 6.22 | 7.77 | 7.48 | 5.14 | 6.64 | 6.4 | 3.31 | 7.24 | 17.84 | 22.11 |
| Net Sales Growth(%) | 18.39 | 16.58 | 16.58 | -5.68 | 3.23 | 22.05 | 3.86 | 32.44 | 7.63 | 29.78 | 11.78 |
| EBIT Growth(%) | -5.02 | -30.65 | -46.28 | 29 | 99.82 | 50.78 | 15.27 | 64.66 | 2.8 | 34.4 | -15.22 |
| PAT Growth(%) | -12.92 | -83.07 | -272.83 | 67.91 | 941.73 | 112.11 | 13.18 | 104.78 | -3.02 | 44.37 | -18.13 |
| EPS Growth(%) | -40.18 | -59.78 | -107.37 | 191.5 | 2624.03 | 91.96 | 20.72 | 86.92 | 3.57 | 40.81 | -14.21 |
| Debt/Equity(x) | 0.55 | 0.62 | 0.76 | 0.83 | 0.76 | 0.52 | 0.4 | 0.36 | 0.08 | 0.1 | 0.08 |
| Current Ratio(x) | 1.34 | 1.23 | 1.27 | 1.27 | 1.37 | 1.57 | 1.7 | 1.98 | 2.25 | 2.86 | 2.39 |
| Quick Ratio(x) | 1.12 | 1.05 | 1.08 | 1 | 1.06 | 1.21 | 1.22 | 1.6 | 1.79 | 2.2 | 1.82 |
| Interest Cover(x) | 4.1 | 2.4 | 1.04 | 1.25 | 2.62 | 4.05 | 5.77 | 9.37 | 11.97 | 18.87 | 10.93 |
| Total Debt/Mcap(x) | 0.41 | 0.45 | 0.55 | 0.6 | 0.57 | 0.2 | 0.16 | 0.23 | 0.02 | 0.01 | 0.01 |
| # | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 56.25 | 55.9 | 55.32 | 54.84 | 54.71 | 54.44 | 54.34 | 54.22 | 54.15 | 54.02 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0.14 | 0 | 0 | 0.49 |
| DII | 8.37 | 0.3 | 0 | 0 | 0 | 0 | 0.45 | 0.72 | 0.72 | 0.76 |
| Public | 35.38 | 43.8 | 44.68 | 45.16 | 45.29 | 45.56 | 45.07 | 45.06 | 45.13 | 44.72 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.19 | 0.19 | 0.19 | 0.19 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 |
| DII | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 |
| Public | 0.12 | 0.15 | 0.16 | 0.16 | 0.48 | 0.49 | 0.48 | 0.48 | 0.48 | 0.48 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.35 | 0.35 | 0.35 | 0.35 | 1.07 | 1.07 | 1.07 | 1.07 | 1.07 | 1.08 |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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