Emkay Taps & Cut

Which are the latest news on Emkay Taps & Cut?

Why is Emkay Taps & Cutting Tools Ltd falling/rising?

As of 05-Sep, Emkay Taps & Cutting Tools Ltd's stock price has risen to 98.00, reflecting a 2.03% increase and outperforming its sector today. However, it has significant long-term declines, with a year-to-date drop of 13.27% and a one-year decline of 39.86%, indicating mixed signals for its future performance.

As of 05-Sep, Emkay Taps & Cutting Tools Ltd is experiencing a rise in its stock price, currently at 98.00, which reflects an increase of 1.95 or 2.03%. This upward movement is notable as the stock has outperformed its sector by 2.56% today. Over the past week, the stock has shown a positive return of 4.03%, contrasting with a decline of 1.15% in the Sensex, indicating a stronger performance relative to the broader market.<BR><BR>Despite this recent rise, it is important to note that the stock has faced significant declines over longer periods, with a year-to-date decrease of 13.27% and a one-year decline of 39.86%. Additionally, while the stock is currently above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages, suggesting mixed signals regarding its longer-term trend.<BR><BR>Investor participation has been falling, as evidenced by a decrease in delivery volume by 7.89% against the 5-day average. However, the stock remains liquid enough for trading, with a delivery volume of 1.05 k on 03 Sep, which is 2% of the 5-day average traded value. Overall, the recent rise in stock price appears to be driven by short-term performance improvements, despite the backdrop of longer-term challenges.

Who are in the management team of Emkay Taps & Cut?

The management team of Emkay Taps & Cut includes Ajayprakash Kanoria (Chairman, Managing Director & CEO), Alka Ajayprakash Kanoria (Whole-time Director), and three Independent Non-Executive Directors: Mahesh Mor, Ravindra Loiya, and P C Ramchandran.

The management team of Emkay Taps & Cut includes the following individuals:<BR><BR>1. **Ajayprakash Kanoria** - Chairman, Managing Director & CEO<BR>2. **Alka Ajayprakash Kanoria** - Whole-time Director<BR>3. **Mahesh Mor** - Independent Non-Executive Director<BR>4. **Ravindra Loiya** - Independent Non-Executive Director<BR>5. **P C Ramchandran** - Independent Non-Executive Director<BR><BR>If you need more details about their roles or contributions, feel free to ask!

What does Emkay Taps & Cut do?

Emkay Taps & Cutting Tools Ltd manufactures taps and cutting tools in the industrial sector and is a micro-cap company with a market cap of INR 98 Cr. It has a P/E ratio of 12.00 and no reported sales or profit data.

Overview:<BR>Emkay Taps & Cutting Tools Ltd specializes in the manufacturing of taps and cutting tools and operates within the industrial manufacturing sector as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated in 1995 as Emkay Taps and Cutting Tools Private Limited and later converted into a Public Limited Company in 2015. There is no recent sales or profit data reported.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 98 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 12.00<BR>Industry P/E: 41<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.00<BR>Return on Equity: 2.74%<BR>Price to Book: 0.34<BR><BR>Contact Details:<BR>Address: P No B-27 and B-27/1, MIDC Hingna Indl Estate Nagpur Maharashtra : 440016<BR>Phone: 91-7104-237584<BR>Email: emkaytapsandtools.com<BR>Website: http://www.emkaytapsandtools.com

Who are the peers of the Emkay Taps & Cut?

Emkay Taps & Cut's peers include Rudrabhish. Ent., Somi Conv.Belt., Holmarc Opto, and others, with varying management risks, growth rates, and capital structures. Its 1-year return is -44.05%, better than Rudrabhish. Ent. (-59.95%) but worse than Konstelec Engg. (6.75%).

Peers: The peers of Emkay Taps & Cut are Rudrabhish. Ent., Somi Conv.Belt., Holmarc Opto, Womancart, Readymix Cons., Konstelec Engg., Rexnord Electr., Shri Balaji, Galaxy Agrico, and Intl. Combustion.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shri Balaji, while Average management risk is found at Rudrabhish. Ent., Holmarc Opto, Emkay Taps & Cut, Womancart, Readymix Cons., Konstelec Engg., Rexnord Electr., and Intl. Combustion, and the rest. Good growth is noted at Womancart and Shri Balaji, while Average growth is seen at Holmarc Opto, Konstelec Engg., and the rest, and Below Average growth is present at Rudrabhish. Ent., Somi Conv.Belt., Emkay Taps & Cut, Rexnord Electr., Galaxy Agrico, and Intl. Combustion. Excellent capital structure is held by Rudrabhish. Ent., Emkay Taps & Cut, Readymix Cons., and Rexnord Electr., while Good capital structure is noted at Holmarc Opto, Womancart, and Shri Balaji, and Average capital structure is found at Somi Conv.Belt., Konstelec Engg., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Konstelec Engg. at 6.75%, while the peer with the lowest is Rudrabhish. Ent. at -59.95%. Emkay Taps & Cut's 1-year return of -44.05% is better than Rudrabhish. Ent. but worse than Konstelec Engg. Additionally, several peers, including Womancart, Readymix Cons., and Galaxy Agrico, have negative six-month returns.

How big is Emkay Taps & Cut?

As of 31st August, Emkay Taps & Cutting Tools Ltd has a market capitalization of 98.00 Cr, classified as a Micro Cap, with no valid financial data available for Net Sales and Net Profit for the latest four quarters. Shareholder's Funds are 298.91 Cr and Total Assets are 337.44 Cr as of March 2024.

As of 31st August, <BR><BR>Market Cap: Emkay Taps & Cutting Tools Ltd has a market capitalization of 98.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 298.91 Cr and Total Assets valued at 337.44 Cr.

How has been the historical performance of Emkay Taps & Cut?

Emkay Taps & Cut experienced significant growth from March 2023 to March 2024, with net sales rising to 103.45 crore and profit after tax increasing to 71.90 crore. The company reported a robust operating profit margin of 46.5% and total assets growing to 337.44 crore.

Answer:<BR>The historical performance of Emkay Taps & Cut shows significant growth in various financial metrics from March 2023 to March 2024.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2024, Emkay Taps & Cut reported net sales of 103.45 crore, an increase from 88.62 crore in the previous year. The total operating income mirrored this growth, rising to 103.45 crore from 88.62 crore. Total expenditure, excluding depreciation, also increased to 55.35 crore from 45.16 crore, primarily driven by higher raw material costs and manufacturing expenses. Operating profit before interest, depreciation, and tax (PBDIT) rose to 92.91 crore from 59.88 crore, reflecting a robust operating profit margin of 46.5%, slightly down from 49.04%. Profit before tax surged to 90.08 crore, up from 56.62 crore, leading to a profit after tax of 71.90 crore compared to 44.13 crore the previous year, resulting in a PAT margin of 69.5%. On the balance sheet, total assets increased to 337.44 crore from 256.84 crore, with shareholder's funds rising to 298.91 crore from 225.92 crore. Cash flow from operating activities was 24.00 crore, slightly down from 25.00 crore, while net cash inflow increased to 2.00 crore from no inflow the previous year. Overall, the company demonstrated strong financial performance with significant increases in sales, profits, and assets.

Who are the top shareholders of the Emkay Taps & Cut?

The top shareholder of Emkay Taps & Cut is Ajayprakash Murlidhar Kanoria Huf, holding 38.37%. The highest public shareholder is Rahim Mansoor Khan at 7.39%, with individual investors owning a total of 13.44%.

The top shareholders of Emkay Taps & Cut include the promoters, with Ajayprakash Murlidhar Kanoria Huf holding the largest stake at 38.37%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Rahim Mansoor Khan, who owns 7.39%. Additionally, individual investors collectively hold 13.44% of the shares.

Is Emkay Taps & Cut overvalued or undervalued?

As of June 2, 2025, Emkay Taps & Cut is considered risky and overvalued due to its low PE ratio of 10.79, alarming EV to EBITDA ratio of -69.20, and poor stock performance, with a year-to-date decline of 43.08% compared to the Sensex's gain of 6.22%.

As of 2 June 2025, the valuation grade for Emkay Taps & Cut has moved from does not qualify to risky, indicating a shift in the perception of its financial health. The company is currently assessed as overvalued, particularly given its PE ratio of 10.79, which is relatively low compared to the industry average, and an alarming EV to EBITDA ratio of -69.20, suggesting significant operational inefficiencies. Additionally, the ROE stands at 8.97%, which, while positive, does not compensate for the negative returns indicated by the ROCE of -1.48%.<BR><BR>When compared to peers, Emkay Taps & Cut's valuation appears concerning; for instance, its PE ratio is lower than many competitors in the industrial manufacturing sector, which typically enjoy higher multiples. The company's recent stock performance has been notably poor, with a year-to-date decline of 43.08%, contrasting sharply with the Sensex's gain of 6.22% in the same period. This further reinforces the notion that Emkay Taps & Cut is currently overvalued, as the market seems to be pricing in significant risks that are not adequately reflected in its financial ratios.

What is the technical trend for Emkay Taps & Cut?

As of June 3, 2025, Emkay Taps & Cut shows a bearish trend with moderate strength, supported by bearish signals from Bollinger Bands, moving averages, and the KST, despite a mildly bullish weekly MACD.

As of 3 June 2025, the technical trend for Emkay Taps & Cut has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD indicates a mildly bullish signal, but the monthly MACD is bearish, suggesting a divergence in time frames. The Bollinger Bands are bearish on both weekly and monthly charts, reinforcing the bearish outlook. Daily moving averages are also bearish, and the KST shows a mildly bearish trend on a monthly basis. The OBV is mildly bearish on both weekly and monthly time frames. Overall, the combination of these indicators points to a bearish sentiment in the market.

When is the next results date for Emkay Taps & Cut?

No Upcoming Board Meetings

What is the bonus history of the Emkay Taps & Cut?

Emkay Taps & Cutting Tools Ltd issued a notable bonus of 5:1 on September 24, 2018, meaning shareholders received 5 additional shares for every 1 share held, with a record date of September 25, 2018.

Emkay Taps & Cutting Tools Ltd has a bonus history that includes a notable bonus issue of 5:1, which was announced with an ex-date of September 24, 2018. The record date for this bonus was September 25, 2018. This means that for every 1 share held, shareholders received 5 additional shares. If you have any more questions about the company or its financial activities, feel free to ask!

Has Emkay Taps & Cut declared dividend?

Emkay Taps & Cutting Tools Ltd has declared a 4% dividend, amounting to 0.4 per share, with an ex-date of March 19, 2020. Despite the dividend declaration, the dividend yield is 0%, and total returns have varied significantly, showing negative returns in the short term and positive returns over the long term.

Emkay Taps & Cutting Tools Ltd has declared a 4% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 4%<BR>- Amount per share: 0.4<BR>- Ex-date: 19 Mar 20<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -45.15%, the dividend return was 0%, resulting in a total return of -45.15%.<BR><BR>For the 1-year period, the price return was -67.62%, the dividend return was 0%, leading to a total return of -67.62%.<BR><BR>Over the 2-year period, the price return was -28.84%, with a dividend return of 0%, resulting in a total return of -28.84%.<BR><BR>In the 3-year period, the price return was 57.21%, the dividend return was 0%, culminating in a total return of 57.21%.<BR><BR>For the 4-year period, the price return was 108.0%, the dividend return was 0%, leading to a total return of 108.0%.<BR><BR>In the 5-year period, the price return was 210.8%, with a dividend return of 0%, resulting in a total return of 210.8%.<BR><BR>Overall, while Emkay Taps & Cutting Tools Ltd has declared a dividend, the dividend yield remains at 0%. The total returns show significant fluctuations over the periods, with negative returns in the short term and substantial positive returns over the longer term.