Emkay Tools

Why is Emkay Tools Ltd falling/rising?

As of 11-Jun, Emkay Tools Ltd's stock price is at 925.00, reflecting a 3.14% decrease. The stock has underperformed against the Sensex and its sector, with significant declines in both short-term and month-long performance, alongside reduced investor participation.

As of 11-Jun, Emkay Tools Ltd's stock price is falling, currently at 925.00, which reflects a decrease of 30.0 or 3.14%. This decline can be attributed to several factors. Over the past week, the stock has underperformed the benchmark Sensex, with a slight drop of 0.54% compared to the Sensex's decline of 1.09%. However, the stock has experienced a more significant downturn over the past month, with a decrease of 9.67%, while the Sensex fell only 2.75%.<BR><BR>Additionally, today's performance indicates that Emkay Tools Ltd has underperformed its sector by 1.14%. The stock's moving averages show that it is currently higher than the 100-day and 200-day moving averages but lower than the 5-day, 20-day, and 50-day moving averages, suggesting a short-term weakness. Furthermore, there has been a notable drop in investor participation, with delivery volume on June 10 falling by 60.53% against the 5-day average, indicating reduced trading interest. Overall, these factors contribute to the stock's current downward trend.

Which are the latest news on Emkay Tools?

What does Emkay Tools do?

Emkay Tools Ltd, a wholly owned subsidiary of Emkay Taps and Cutting Tools Ltd, operates in the Other Industrial Products industry and was incorporated on April 25, 2023. It has a market cap of INR 1,094 Cr and key metrics include a P/E of 17.00 and a return on equity of 55.79%.

Overview:<BR>Emkay Tools Ltd is a company operating in the Other Industrial Products industry within the Small Cap market-cap bracket.<BR><BR>History:<BR>Emkay Tools Limited was incorporated on April 25, 2023, as a wholly owned subsidiary of Emkay Taps and Cutting Tools Limited. The company filed a declaration of Commencement of Business with the Registrar of Companies on May 23, 2023. The Scheme of Arrangement between Emkay Taps and Cutting Tools Limited and Emkay Tools became effective on November 19, 2024.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 1,094 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 17.00<BR>Industry P/E: 13<BR>Dividend Yield: 0.00%<BR>Debt Equity: -0.03<BR>Return on Equity: 55.79%<BR>Price to Book: 10.39<BR><BR>Contact Details:<BR>Address: Not available<BR>Phone: N/A<BR>Email: N/A<BR>Website: N/A

Who are the peers of the Emkay Tools?

Emkay Tools' peers include KRN Heat Exchan, Harsha Engg Intl, Kirloskar Indus., Ador Welding, Diffusion Eng, Mallcom (India), Spunweb Nonwoven, Oriental Rail, and Sealmatic India. KRN Heat Exchan shows the highest 1-year return at 59.51%, while Kirloskar Indus. has the lowest at -20.29%.

Peers: The peers of Emkay Tools are KRN Heat Exchan, Harsha Engg Intl, Kirloskar Indus., Ador Welding, Diffusion Eng, Mallcom (India), Spunweb Nonwoven, Oriental Rail, and Sealmatic India.<BR><BR>Quality Snapshot: Excellent management risk is observed at KRN Heat Exchan, Ador Welding, and Spunweb Nonwoven, while Average management risk is found at Harsha Engg Intl, Kirloskar Indus., Mallcom (India), Oriental Rail, Sealmatic India, and the rest. Good growth is noted at KRN Heat Exchan, Ador Welding, and Spunweb Nonwoven, while Average growth is seen at Kirloskar Indus. and Oriental Rail, and Below Average growth is present at Harsha Engg Intl, Diffusion Eng, Mallcom (India), and Sealmatic India. Excellent capital structure is attributed to KRN Heat Exchan, Ador Welding, Diffusion Eng, and Mallcom (India), while Good capital structure is found at Kirloskar Indus. and Emkay Tools, and Average capital structure is noted at Spunweb Nonwoven and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is KRN Heat Exchan at 59.51%, while the lowest is Kirloskar Indus. at -20.29%. Emkay Tools does not have a 1-year return available for comparison. Additionally, the peers Mallcom (India) and Spunweb Nonwoven have negative six-month returns.

How has been the historical performance of Emkay Tools?

Emkay Tools reported a total operating income of 116.55 crore and a profit after tax of 44.49 crore for the year ending March 2025, resulting in an earnings per share of 41.58 and a PAT margin of 38.17%. The company has no long-term borrowings, with total liabilities and assets both at 110.45 crore, indicating a strong financial position.

Answer:<BR>The historical performance of Emkay Tools for the year ending March 2025 shows a total operating income of 116.55 crore, with a total expenditure of 55.30 crore, resulting in an operating profit (PBDIT) of 61.63 crore. After accounting for interest and depreciation, the profit before tax stands at 59.58 crore, leading to a profit after tax of 44.49 crore. The earnings per share (EPS) for the period is reported at 41.58, with a PAT margin of 38.17%. The company has no long-term borrowings and total liabilities amounting to 110.45 crore, which matches its total assets. <BR><BR>Breakdown:<BR>Emkay Tools has demonstrated a solid financial performance in the fiscal year ending March 2025, highlighted by net sales of 116.55 crore and an operating profit margin of 52.55%. The company's total expenditure, excluding depreciation, was 55.30 crore, allowing for a substantial operating profit of 61.63 crore. With a profit before tax of 59.58 crore and a profit after tax of 44.49 crore, the company maintains a healthy PAT margin of 38.17%. On the balance sheet, total liabilities and total assets are both recorded at 110.45 crore, indicating a balanced financial position with no long-term borrowings. The earnings per share reflect a strong performance, further underscoring the company's profitability during this period.