Emkay Taps & Cut

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.

Who are the peers of the Emkay Taps & Cut?

Emkay Taps & Cut's peers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, and others, with varying management and growth risks. Kaynes Tech leads in 1-year returns at 65.93%, while Emkay Taps & Cut has a return of 0.00%.

Peers: The peers of Emkay Taps & Cut are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Taylormade Renew, Loyal Equipments, Lokesh Mach., GP Eco, and Rudrabhish. Ent.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto, Jyoti CNC Auto., and GP Eco, while Good management risk is found at Kaynes Tech, Loyal Equipments, and the rest. Average management risk is noted for Emkay Taps & Cut, LMW, Jupiter Wagons, and Rudrabhish. Ent., while Below Average management risk is present at Taylormade Renew, Lokesh Mach., and the rest. For Growth, Excellent growth is seen at Kaynes Tech, Jyoti CNC Auto., Jupiter Wagons, Taylormade Renew, and GP Eco, while Average growth is found at Loyal Equipments and the rest. Below Average growth is noted for Emkay Taps & Cut, LMW, and Rudrabhish. Ent. Lastly, Excellent capital structure is observed at Honeywell Auto, LMW, Jupiter Wagons, Taylormade Renew, and the rest, while Good capital structure is found at Kaynes Tech, Jyoti CNC Auto., Loyal Equipments, and GP Eco, and Below Average capital structure is noted for Lokesh Mach.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kaynes Tech at 65.93%, while the peer with the lowest is Jupiter Wagons at -39.31%. Emkay Taps & Cut's 1-year return is 0.00%, which is lower than both. Additionally, the six-month return is negative for LMW, Jupiter Wagons, Taylormade Renew, Lokesh Mach., and Rudrabhish. Ent.

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.

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

As of March 2022, 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.

As of March 2022, the management team of Emkay Taps & Cut includes:<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

What does Emkay Taps & Cut do?

Emkay Taps & Cutting Tools Ltd manufactures taps and cutting tools in the industrial sector and is classified as a micro-cap company with a market cap of INR 228 Cr. The company has a P/E ratio of 8.00 and a return on equity of 8.97%.

Overview: <BR>Emkay Taps & Cutting Tools Ltd specializes in the manufacturing of taps and cutting tools and operates within the industrial manufacturing sector, categorized as a micro-cap company.<BR><BR>History: <BR>The company was originally incorporated on July 27, 1995, as Emkay Taps and Cutting Tools Private Limited. It later converted to a Public Limited Company and changed its name to Emkay Taps and Cutting Tools Limited on April 24, 2015. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 228 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.01 <BR>Return on Equity: 8.97% <BR>Price to Book: 0.76 <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 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.

How big is Emkay Taps & Cut?

As of 24th July, Emkay Taps & Cutting Tools Ltd has a market capitalization of 226.00 Cr, classifying it as a Micro Cap company. Shareholder's Funds are 298.91 Cr, and Total Assets are 337.44 Cr, but recent quarterly performance data is unavailable.

As of 24th July, Emkay Taps & Cutting Tools Ltd has a market capitalization of 226.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent quarterly performance data is not available, so there are no figures for Net Sales or Net Profit for the latest four quarters.<BR><BR>In the balance sheet snapshot for the period ending March 2024, Shareholder's Funds are reported at 298.91 Cr, and Total Assets amount to 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.

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

As of 04-Mar, Emkay Taps & Cutting Tools Ltd's stock price has risen slightly to 101.30, outperforming its sector today, but it has faced significant declines over the past year and lower investor participation. Despite a recent uptick, the stock shows mixed signals with long-term downward trends.

As of 04-Mar, Emkay Taps & Cutting Tools Ltd is experiencing a slight rise in its stock price, currently at 101.30, reflecting an increase of 0.3 (0.3%). This upward movement is notable as the stock has outperformed its sector by 2.46% today. Additionally, over the past week and month, the stock has shown positive returns of +0.30% and +1.50%, respectively, while the benchmark Sensex has declined by -3.93% and -5.03% during the same periods. <BR><BR>However, despite this recent uptick, the stock has faced significant declines over longer time frames, with a year-to-date drop of -10.35% and a staggering -72.24% over the past year. The stock's performance is also characterized by lower investor participation, as evidenced by a delivery volume that has decreased by -43.55% compared to the 5-day average. Furthermore, while the stock is currently above its 20-day moving average, it remains below its 5-day, 50-day, 100-day, and 200-day moving averages, indicating mixed signals regarding its overall trend.<BR><BR>In summary, while Emkay Taps & Cutting Tools Ltd is experiencing a minor rise today, the broader context reveals significant challenges and a long-term downward trend in its stock performance.

Which are the latest news on Emkay Taps & Cut?