Get 50% OFF This Monsoon!
Stovec Industries
No Data Available
No Stocks
Unlock Smart Score
See Detailed Analysis & Insights
Unlock Insights
See Detailed Analysis & Insights
No Research Report
ROE
Avg ROE (3 Yrs) : NaN%
ROCE
Avg ROCE (3 Yrs) : NaN%
ROA
Avg ROA (3 Yrs) : NaN%
NPM
Avg NPM (3 Yrs) : NaN%
No Data Available
Unlock Management Data
See Detailed Analysis & Insights
Originally incorporated in Jun.'72 as Stovec Screens India, Stovec Industries Ltd (SIL) acquired its present name on 12 Aug.'88. SIL was promoted by A T E Enterprises. The Company is a subsidiary of the SPGPrints Group, head-quartered at Boxmeer, Netherlands. The Company is Market leader in India for Rotary Screens and Printing Machines. It essentially operates in three verticals viz. Textile Printing, Graphics Printing and Sugar Filtration. The Group takes pride in owning around 10 offices all over the world.
SIL came out with a rights issue (premium : Rs 90) aggregating Rs 8.98 cr in Feb.'93, to finance various modernisation, diversification and expansion projects, to meet the normal capital expenditure, at a project cost of Rs 26.78 cr. The company is engaged in screens, graphics, industrial machinery, electronics and sintered metal and ferrites. Some of SIL's customers are - DOT, DOT, ITI, etc. Its ferrite division was incurring losses and therefore it discontinued operations of its ferrites division in Apr.'96, as decided by the BIFR.
SIL has tied up with Stork Screens, the Netherlands; Prestwick Circuits, Scotland, UK; Imprinta, Switzerland; and Stork Brabant, the Netherlands, etc. Presently, Stork Screens, the Netherlands, holds the majority stake of 51% in the company.
The company exports to the US and Europe. SIL's subsidiary is Stork Pumps (India). In 1999 Stormex India was merged with Stovec Industries Ltd with the approval of Mumbai High Court.
During 2001-02 the company Stork N V had entered into contract for providing services in connection with the refinery project at Pennar in South India.
During the year 2014, Company acquired 100% Equity Shares of Atul Sugar Screens Private Limited, and was made Wholly Owned Subsidiary on May 30, 2014.
Decommissioning of Contract Manufacturing Agreement (CMA) with Atul Sugar Screens Private Limited was completed in May 2022. The Company launched new innovative rotary textile screen printing machine 'Teak' at the ITME exhibition in India in 2022.
Stovec Industries share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Stovec Industries indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Stovec Industries is valued compared to its competitors.
Stovec Industries PE ratio helps investors understand what is the market value of each stock compared to Stovec Industries 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Stovec Industries evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Stovec Industries generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Stovec Industries in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Stovec Industries shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Stovec Industries compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Stovec Industries over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Stovec Industries helps investors get an insight into when they can enter or exit the stock. Key components of Stovec Industries Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Stovec Industries shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Stovec Industries ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Stovec Industries provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Stovec Industries highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Stovec Industries .
The balance sheet presents a snapshot of Stovec Industries ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.