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Stovec Industries Ltd

STOVACQ

Stovec Industries Ltd

STOVACQ
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹647 cr, stock is ranked 1,721
Moderate RiskStock is 2.88x as volatile as Nifty
3,100.000.03% (-0.95)
3,100.000.03% (-0.95)

Price Chart

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1M
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IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹647 cr, stock is ranked 1,721
Moderate RiskStock is 2.88x as volatile as Nifty

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IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹647 cr, stock is ranked 1,721
Moderate RiskStock is 2.88x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
41.944.625.61%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
49.026.950.56%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Stovec Industries Limited (Stovec) is engaged in the development & production of consumables for their use in textile & graphic printing industry. It's products & services include perforated rotary screens & automatic rotary screen printing machine.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

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Financial YearFY 2015FY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023TTM
Total Revenue160.25192.46213.66213.10199.74156.85240.57248.17211.69240.25
Raw Materialssubtract93.83112.38111.3691.8799.7280.01130.17149.18129.04213.39
Power & Fuel Costsubtract8.439.3411.0914.0814.8011.7217.4416.8815.58
Employee Costsubtract13.3516.3719.5020.8119.9420.9523.9325.5424.74
Selling & Administrative Expensessubtract4.106.6717.0415.6919.0413.8316.6816.8916.14
Operating & Other expensessubtract4.158.299.1610.854.548.648.211.268.32
Depreciation/Amortizationsubtract5.165.135.985.254.414.535.105.986.366.83
Interest & Other Itemssubtract0.180.310.130.230.070.000.000.000.090.06
Taxes & Other Itemssubtract10.5311.5813.7015.599.273.709.417.682.384.53
EPS98.28107.23123.08185.49133.8664.51141.91118.5843.2973.95
DPS29.0031.0036.0055.0060.0022.0057.0047.00174.00132.00
Payout ratio0.300.290.290.300.450.340.400.404.021.79

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Stovec Industries Ltd71.624.625.61%
Cummins India Ltd53.1313.821.15%
Thermax Limited76.5611.130.27%
AIA Engineering Ltd28.114.790.47%

Price Comparison

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STOVACQ
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding71.06%0.00%0.05%0.00%28.89%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep0.00%0.00%0.00%0.00%0.00%0.00%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 5.69%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹56.95 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateMay 27, 2024

Interim
Interim | Div/Share: ₹115.00

Dividend/Share

115.00

Ex DateEx Date

May 27, 2024

Cash Dividend

Ex DateEx DateApr 18, 2024

Final
Final | Div/Share: ₹17.00

Dividend/Share

17.00

Ex DateEx Date

Apr 18, 2024

Cash Dividend

Ex DateEx DateAug 21, 2023

Special
Special | Div/Share: ₹157.00

Dividend/Share

157.00

Ex DateEx Date

Aug 21, 2023

Cash Dividend

Ex DateEx DateMay 2, 2023

Final
Final | Div/Share: ₹47.00

Dividend/Share

47.00

Ex DateEx Date

May 2, 2023

Cash Dividend

Ex DateEx DateApr 28, 2022

Final
Final | Div/Share: ₹57.00

Dividend/Share

57.00

Ex DateEx Date

Apr 28, 2022

News & Opinions
Earnings
Stovec Industries standalone net profit rises 442.11% in the September 2024 quarter

Net profit of Stovec Industries rose 442.11% to Rs 3.09 crore in the quarter ended September 2024 as against Rs 0.57 crore during the previous quarter ended September 2023. Sales rose 20.47% to Rs 57.39 crore in the quarter ended September 2024 as against Rs 47.64 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales57.3947.64 20 OPM %7.883.53 - PBDT5.582.19 155 PBT4.000.70 471 NP3.090.57 442 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Stovec Industries announces board meeting date

Stovec Industries will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Stovec Industries standalone net profit rises 77.72% in the June 2024 quarter

Net profit of Stovec Industries rose 77.72% to Rs 3.59 crore in the quarter ended June 2024 as against Rs 2.02 crore during the previous quarter ended June 2023. Sales rose 6.90% to Rs 61.20 crore in the quarter ended June 2024 as against Rs 57.25 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales61.2057.25 7 OPM %9.744.63 - PBDT6.434.12 56 PBT4.752.64 80 NP3.592.02 78 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Stovec Industries to declare Quarterly Result

Stovec Industries will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Stovec Industries standalone net profit declines 71.96% in the December 2022 quarter

1 year agoBusiness Standard

Stovec Industries standalone net profit declines 9.62% in the March 2022 quarter

2 years agoBusiness Standard

Stovec Industries standalone net profit rises 27.59% in the December 2021 quarter

2 years agoBusiness Standard

Stocks in the news: Rain Industries, Voda Idea, IndiGo, Bharat Forge and IFCI

2 years agoEconomic Times

Stovec Industries announces termination of contract for manufacturing sugar sieves

3 years agoIndia Infoline

Stovec Industries update on contract manufacturing agreement with Atul Sugar Screens

3 years agoBusiness Standard