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 26-Mar, Emkay Taps & Cutting Tools Ltd's stock price has risen to 95.40, reflecting a 2.03% increase, despite a mixed performance over various time frames and declining investor participation. The stock's short-term gains contrast with significant long-term declines, indicating potential concerns about liquidity and investor interest.

As of 26-Mar, Emkay Taps & Cutting Tools Ltd is experiencing a rise in its stock price, currently at 95.40, which reflects an increase of 1.9 or 2.03%. This upward movement is notable given the stock's performance relative to the benchmark Sensex, which has declined by 1.98% over the past week. <BR><BR>Despite the current rise, the stock has shown a mixed performance over different time frames. In the past week, it has gained 4.84%, which is a positive sign compared to the broader market. However, over the past month, the stock has decreased by 5.54%, and year-to-date, it has fallen by 15.58%. The one-year performance is particularly concerning, with a significant drop of 75.43%, while the Sensex has only decreased by 1.53% in the same period.<BR><BR>Today's trading activity indicates that the stock's performance is in line with its sector, although it is currently above the 5-day moving averages but below the longer-term moving averages (20-day, 50-day, 100-day, and 200-day). Additionally, there has been a decline in investor participation, as evidenced by a 13.79% drop in delivery volume compared to the 5-day average. This suggests that while the stock is rising today, there may be underlying concerns regarding its overall liquidity and investor interest.<BR><BR>In summary, the rise in Emkay Taps & Cutting Tools Ltd's stock price today can be attributed to its relative performance against the Sensex and its position within the sector, despite ongoing challenges reflected in its longer-term performance metrics and declining investor participation.

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

As of 27-Mar, Emkay Taps & Cutting Tools Ltd's stock price has declined to 89.95, reflecting a significant drop of -75.30% over the past year, underperforming against the Sensex. The stock is trading below all moving averages and is close to its 52-week low, indicating a bearish trend despite increased investor participation.

As of 27-Mar, Emkay Taps & Cutting Tools Ltd is experiencing a decline in its stock price, currently at 89.95, which reflects a change of -5.45 or -5.71%. This downward movement can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed significantly compared to the benchmark Sensex, with a one-week decline of -6.79% against the Sensex's -1.28%. Over the past month, the stock has dropped by -9.28%, while the Sensex has only decreased by -9.37%. Year-to-date, Emkay Taps & Cutting Tools Ltd has seen a substantial decline of -20.40%, compared to the Sensex's -12.67%. The most alarming statistic is the one-year performance, where the stock has plummeted by -75.30%, while the Sensex has only fallen by -3.27%. <BR><BR>Additionally, the stock is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. It is also close to its 52-week low, being only 2.17% away from that low of Rs 88. Although there has been a rise in investor participation, with delivery volume increasing by 80.56% against the 5-day average, this has not been enough to counteract the overall negative performance of the stock. <BR><BR>In summary, the combination of poor stock performance relative to the market, significant declines over various periods, and trading below moving averages are key factors contributing to the falling stock price of Emkay Taps & Cutting Tools Ltd.

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

As of 28-Mar, Emkay Taps & Cutting Tools Ltd's stock price is declining at 89.95, down 5.71%, with significant underperformance over various periods, including a 20.40% year-to-date drop. The stock is near its 52-week low and trading below multiple moving averages, indicating a bearish trend despite increased investor participation.

As of 28-Mar, Emkay Taps & Cutting Tools Ltd is experiencing a decline in its stock price, currently at 89.95, which reflects a change of -5.45 or -5.71%. This downward movement is evident in the stock's performance over various periods; for instance, it has fallen by 6.79% over the past week and 9.28% over the past month. Year-to-date, the stock has decreased by 20.40%, significantly underperforming compared to the Sensex, which has only declined by 12.67% in the same timeframe.<BR><BR>Additionally, the stock is trading close to its 52-week low, being only 2.17% away from this low point of Rs 88. It has also underperformed its sector by 2.78% today. The stock is trading below its moving averages across multiple timeframes, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Despite a rise in investor participation, with a delivery volume increase of 80.56% against the 5-day average, the overall sentiment remains negative, contributing to the stock's decline. The liquidity of the stock is adequate for trading, but the persistent underperformance relative to both the market and its sector suggests ongoing challenges for Emkay Taps & Cutting Tools Ltd.

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

As of 29-Mar, Emkay Taps & Cutting Tools Ltd's stock price is declining at 89.95, down 5.71%, with significant drops over various periods, including a year-to-date decrease of 20.40% and a yearly decline of 75.30%. The stock is near its 52-week low and is underperforming its sector while trading below all key moving averages.

As of 29-Mar, Emkay Taps & Cutting Tools Ltd is experiencing a decline in its stock price, currently at 89.95, which reflects a change of -5.45 or -5.71%. This downward movement is evident in the stock's performance over various periods, with a 1-week decline of -6.79%, a 1-month decline of -9.28%, and a year-to-date drop of -20.40%. Over the past year, the stock has fallen significantly by -75.30%, while the benchmark Sensex has only decreased by -3.27% during the same timeframe.<BR><BR>The stock is also close to its 52-week low, being just 2.17% away from a low of Rs 88. Furthermore, it has underperformed its sector by -2.78% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Despite a rise in investor participation, with delivery volume increasing by 80.56% on March 25, the overall liquidity remains low, indicating challenges in trading activity. These factors collectively contribute to the stock's falling price.

Which are the latest news on Emkay Taps & Cut?

Which are the latest news on Emkay Taps & Cut?

Which are the latest news on Emkay Taps & Cut?