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Stovec Inds.

  • Market Cap: Micro Cap
  • Industry: Textile - Machinery
  • ISIN: INE755D01015
  • NSEID:
  • BSEID: 504959
INR
2,502.00
7.9 (0.32%)
BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 170

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

2,499.652,550.00

52 Week

2,000.004,372.00
Valuation
Technical
Day's Volume

CASH

170 (-31.51%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.05%

Held by 0 DIIs

Promoter

71.06%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate -14.96% of over the last 5 years

 
2

The company has declared negative results in Dec'2024 after 4 consecutive positive quarters

3

Stock is technically in a Mildly Bearish range

4

Despite the size of the company, domestic mutual funds hold only 0% of the company

5

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile - Machinery

stock-summary
Market cap

INR 522 Cr (Micro Cap)

stock-summary
P/E

40.00

stock-summary
Industry P/E

76

stock-summary
Dividend Yield

5.29%

stock-summary
Debt Equity

-0.24

stock-summary
Return on Equity

9.25%

stock-summary
Price to Book

3.72

Revenue and Profits (1 Year):
Net Sales:
56 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (5.29%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-23.02%
0%
-23.02%
1 Year
-4.64%
4.36%
-0.28%
2 Years
21.75%
12.87%
34.62%
3 Years
-0.6%
13.55%
12.95%
4 Years
36.07%
17.04%
53.11%
5 Years
61.13%
25.00%
86.13%

Latest dividend: 115 per share ex-dividend date: May-27-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
3.88%
EBIT Growth (5y)
-14.96%
EBIT to Interest (avg)
17.20
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.38
Tax Ratio
25.67%
Dividend Payout Ratio
402.03%
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
36.22%
ROE (avg)
13.60%
Valuation key factors
Factor
Value
P/E Ratio
40
Industry P/E
76
Price to Book Value
3.72
EV to EBIT
34.47
EV to EBITDA
23.51
EV to Capital Employed
4.59
EV to Sales
2.08
PEG Ratio
0.93
Dividend Yield
5.29%
ROCE (Latest)
6.67%
ROE (Latest)
9.25%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Spgprints B V (71.06%)

Highest Public shareholder

Kalpesh Harakhchand Gala (1.2%)

Individual Investors Holdings

23.42%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -2.39% vs -6.23% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -50.49% vs -13.93% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "56.02",
          "val2": "57.39",
          "chgp": "-2.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.35",
          "val2": "4.52",
          "chgp": "-25.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.02",
          "val2": "0.06",
          "chgp": "-66.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.53",
          "val2": "3.09",
          "chgp": "-50.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.98%",
          "val2": "7.88%",
          "chgp": "-1.90%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Jun'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Jun 2024 is 19.19% vs -21.99% in Jun 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Jun 2024 is 87.00% vs -79.93% in Jun 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'24",
        "Jun'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "121.16",
          "val2": "101.65",
          "chgp": "19.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.83",
          "val2": "5.99",
          "chgp": "114.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "8.34",
          "val2": "4.46",
          "chgp": "87.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.59%",
          "val2": "5.89%",
          "chgp": "4.70%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Sep 2024 is 19.60% vs -14.65% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Sep 2024 is 127.24% vs -78.23% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "178.55",
          "val2": "149.29",
          "chgp": "19.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "17.35",
          "val2": "7.66",
          "chgp": "126.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.06",
          "val2": "0.09",
          "chgp": "-33.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "11.43",
          "val2": "5.03",
          "chgp": "127.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "9.72%",
          "val2": "5.13%",
          "chgp": "4.59%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 13.18% vs -12.12% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 43.36% vs -63.50% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "234.57",
          "val2": "207.26",
          "chgp": "13.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.70",
          "val2": "13.44",
          "chgp": "54.02%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.09",
          "val2": "0.09",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "12.96",
          "val2": "9.04",
          "chgp": "43.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.82%",
          "val2": "6.48%",
          "chgp": "2.34%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
56.02
57.39
-2.39%
Operating Profit (PBDIT) excl Other Income
3.35
4.52
-25.88%
Interest
0.02
0.06
-66.67%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.53
3.09
-50.49%
Operating Profit Margin (Excl OI)
5.98%
7.88%
-1.90%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -2.39% vs -6.23% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -50.49% vs -13.93% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Jun'24stock-summary
Jun'24
Jun'23
Change(%)
Net Sales
121.16
101.65
19.19%
Operating Profit (PBDIT) excl Other Income
12.83
5.99
114.19%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
8.34
4.46
87.00%
Operating Profit Margin (Excl OI)
10.59%
5.89%
4.70%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Jun 2024 is 19.19% vs -21.99% in Jun 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Jun 2024 is 87.00% vs -79.93% in Jun 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
178.55
149.29
19.60%
Operating Profit (PBDIT) excl Other Income
17.35
7.66
126.50%
Interest
0.06
0.09
-33.33%
Exceptional Items
0.00
0.00
Standalone Net Profit
11.43
5.03
127.24%
Operating Profit Margin (Excl OI)
9.72%
5.13%
4.59%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Sep 2024 is 19.60% vs -14.65% in Sep 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Sep 2024 is 127.24% vs -78.23% in Sep 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
234.57
207.26
13.18%
Operating Profit (PBDIT) excl Other Income
20.70
13.44
54.02%
Interest
0.09
0.09
Exceptional Items
0.00
0.00
Standalone Net Profit
12.96
9.04
43.36%
Operating Profit Margin (Excl OI)
8.82%
6.48%
2.34%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is 13.18% vs -12.12% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Dec 2024 is 43.36% vs -63.50% in Dec 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Stovec Industries Ltd stock-summary
stock-summary
Stovec Industries Ltd
Micro Cap
Textile - Machinery
Stovec Industries Limited was originally incorporated as 'Stovec Screens (India) Limited' on June 5, 1972. The Company acquired the present name on August 12, 1988. SIL was promoted by ATE Enterprises Pvt. Ltd. Atul Sugar Screens Private Limited (ASSPL) is a Wholly Owned Subsidiary of the Company. The Company is a Technology and Market leader in Rotary Screens and Printing Machines.
Company Coordinates stock-summary
Company Details
NIDC Near Lambha Village, Post Narol Ahmedabad Gujarat : 382405
stock-summary
Tel: 91-79-25710407
stock-summary
http://www.stovec.com
stock-summary
investorawareness@stovec.com
Registrar Details
Stock List
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