Stovec Inds.

how big is Stovec Inds.?

As of Jun 06, Stovec Industries Ltd has a market capitalization of 607.82 Cr, classifying it as a Micro Cap company, with recent net sales of 223.67 Cr and a net profit of 10.79 Cr.

Market Cap: <BR>As of Jun 06, Stovec Industries Ltd has a market capitalization of 607.82 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest four quarters, Stovec Industries Ltd reported net sales of 223.67 Cr and a net profit of 10.79 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: <BR>The balance sheet data is Consolidated and pertains to the reporting period of Dec'18. The Shareholder's Funds are valued at 141.20 Cr, while the Total Assets amount to 176.63 Cr.

What does Stovec Inds. do?

Stovec Industries Ltd is a micro-cap company specializing in rotary screens and printing machines within the industrial manufacturing sector. As of March 2025, it reported net sales of ₹49 Cr and a net profit of ₹3 Cr, with a market cap of ₹606 Cr.

Overview: <BR>Stovec Industries Ltd is a technology and market leader in rotary screens and printing machines, operating within the industrial manufacturing sector and classified as a micro-cap company.<BR><BR>History: <BR>Stovec Industries Ltd was originally incorporated as 'Stovec Screens (India) Limited' on June 5, 1972, and changed its name on August 12, 1988. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 49 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 3 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 606 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 52.00 <BR>Industry P/E: 91 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.34 <BR>Return on Equity: 8.63% <BR>Price to Book: 4.51 <BR><BR>Contact Details: <BR>Address: NIDC Near Lambha Village, Post Narol Ahmedabad Gujarat : 382405 <BR>Tel: 91-79-25710407 <BR>Email: investorawareness@stovec.com <BR>Website: http://www.stovec.com

Has Stovec Inds. declared dividend?

Yes, Stovec Industries Ltd has declared a dividend of 1150% (₹115 per share) with an ex-date of May 27, 2024. While recent total returns have been negative, longer-term performance shows positive trends, particularly over the last 5 years.

Stovec Industries Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1150%<BR>- Amount per share: 115 per share<BR>- Ex-date: May 27, 2024<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -7.32%, the dividend return was 0%, resulting in a total return of -7.32%.<BR><BR>Over the past year, the price return was -12.42%, the dividend return was 0%, leading to a total return of -12.42%.<BR><BR>In the 2-year period, the price return was 34.99%, the dividend return was 13.32%, culminating in a total return of 48.31%.<BR><BR>For the 3-year period, the price return was 19.97%, the dividend return was 14.92%, which resulted in a total return of 34.89%.<BR><BR>In the 4-year period, the price return was 24.76%, the dividend return was 14.92%, giving a total return of 39.68%.<BR><BR>Finally, over the last 5 years, the price return was 44.62%, the dividend return was 22.96%, leading to a total return of 67.58%.<BR><BR>Overall, while Stovec Industries Ltd has declared a substantial dividend, the recent total returns over shorter periods have been negative, indicating potential challenges in the company's performance. However, the longer-term returns show a more favorable trend, particularly in the 5-year period.

Who are the peers of the Stovec Inds.?

Stovec Inds. peers include Kaynes Tech, Honeywell Auto, Jyoti CNC Auto, LMW, Jupiter Wagons, Captain Techno, Fluidomat, Mazda, Sunita Tools Ltd, and Atmastco Ltd. Stovec Inds. has average management risk, below average growth, and a 1-year return of -24.09%, higher than Honeywell Auto but lower than its other peers.

Peers: The peers of Stovec Inds. are Kaynes Tech, Honeywell Auto, Jyoti CNC Auto., LMW, Jupiter Wagons, Captain Techno., Fluidomat, Mazda, Sunita Tools Ltd, and Atmastco Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Honeywell Auto and Mazda, while Good management risk is found at Jyoti CNC Auto., Captain Techno., and the rest. Average management risk is present at Kaynes Tech, LMW, Jupiter Wagons, Stovec Inds., Fluidomat, and Sunita Tools Ltd. For growth, Excellent growth is seen at Kaynes Tech, Jyoti CNC Auto., Jupiter Wagons, and Sunita Tools Ltd, while Good growth is found at Captain Techno. and Fluidomat. Below Average growth is noted at Honeywell Auto, LMW, and Stovec Inds. Lastly, Excellent capital structure is held by Honeywell Auto, LMW, and Mazda, while Good capital structure is seen at Kaynes Tech, Jyoti CNC Auto., Captain Techno., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sunita Tools Ltd at 87.81%, while the lowest is Honeywell Auto at -26.32%. Stovec Inds. has a 1-year return of -24.09%, which is higher than Honeywell Auto but lower than all other peers. Additionally, the six-month return is negative for Honeywell Auto, LMW, Jupiter Wagons, and Stovec Inds.

Who are in the management team of Stovec Inds.?

As of December 2022, the management team of Stovec Inds. includes K M Thanawalla (Chairman), Shailesh Wani (Managing Director), and several independent directors: Marco Philippus A Wadia, Kiran Dhingra, and Eiko Ris, along with Sanjeev Singh Sengar (Company Secretary) and Garrett Forde (Director). Each member contributes to the company's governance and operations.

As of December 2022, the management team of Stovec Inds. includes the following individuals:<BR><BR>1. K M Thanawalla - Chairman & Independent Director<BR>2. Marco Philippus A Wadia - Independent Director<BR>3. Shailesh Wani - Managing Director<BR>4. Eiko Ris - Director<BR>5. Sanjeev Singh Sengar - Company Secretary & Compliance Officer<BR>6. Kiran Dhingra - Independent Director<BR>7. Garrett Forde - Director<BR><BR>Each member plays a crucial role in the governance and operational management of the company.

Who are the top shareholders of the Stovec Inds.?

The top shareholder of Stovec Industries is Spgprints B V, holding 71.06% of the shares, with no pledged promoter holdings. The highest public shareholder is Kalpesh Harakhchand Gala at 1.2%, while individual investors own 23.45% collectively.

The top shareholders of Stovec Industries are primarily the promoters, with Spgprints B V holding the largest stake at 71.06%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors currently do not hold any shares in the company. The highest public shareholder is Kalpesh Harakhchand Gala, who owns 1.2% of the shares. Additionally, individual investors collectively hold 23.45% of the company's shares.

Is Stovec Inds. technically bullish or bearish?

As of July 21, 2025, Stovec Inds. is in a bearish trend with moderate strength, driven by bearish daily moving averages and weekly Bollinger Bands, despite mixed signals from MACD and KST indicators.

As of 21 July 2025, the technical trend for Stovec Inds. has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages which are bearish, and the weekly Bollinger Bands also indicating a bearish trend. Although the weekly MACD is mildly bullish, the monthly MACD is bearish, which adds to the overall bearish sentiment. The KST shows a bullish signal on the weekly but is mildly bearish on the monthly, indicating mixed signals in the longer term. The Dow Theory reflects a mildly bearish stance on the weekly timeframe, further supporting the bearish outlook. Overall, the combination of these indicators suggests a bearish trend for Stovec Inds.

Is Stovec Inds. overvalued or undervalued?

As of August 8, 2025, Stovec Industries is considered undervalued with an attractive valuation grade, a PE ratio of 44.32, and a PEG ratio of 0.00, despite underperforming the Sensex with a year-to-date return of -24.92%.

As of 8 August 2025, Stovec Industries has moved from a fair to an attractive valuation grade, indicating a positive shift in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 44.32, an EV to EBITDA of 24.83, and a ROE of 8.63%. <BR><BR>In comparison to its peers, Bajaj Steel Industries, which is also attractive, has a significantly lower PE ratio of 18.73, while LMW is categorized as very expensive with a PE ratio of 154.21. This suggests that Stovec's valuation may be more favorable relative to its peers, especially given its PEG ratio of 0.00. Notably, Stovec's stock has underperformed against the Sensex, with a year-to-date return of -24.92% compared to the Sensex's 2.20%, reinforcing the notion that the stock may be undervalued in the current market context.

How has been the historical performance of Stovec Inds.?

Stovec Inds. has shown fluctuating net sales and profitability, with net sales decreasing from 220.74 Cr in December 2017 to 194.80 Cr in December 2018, while profit after tax rose from 27.16 Cr to 33.04 Cr in the same period. Despite mixed performance, total assets and cash flow from operations improved.

Answer:<BR>The historical performance of Stovec Inds. shows a fluctuating trend in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Stovec Inds. reported net sales of 194.80 Cr in December 2018, a decrease from 220.74 Cr in December 2017, but an increase from 194.64 Cr in December 2016. The total operating income followed a similar pattern, peaking at 220.74 Cr in December 2017 before declining to 194.80 Cr in December 2018. The company's total expenditure, excluding depreciation, was 154.09 Cr in December 2018, down from 177.04 Cr in December 2017. Operating profit (PBDIT) was 46.90 Cr in December 2018, slightly lower than 47.76 Cr in December 2017, while profit before tax increased to 48.92 Cr in December 2018 from 41.55 Cr in December 2017. Consequently, profit after tax rose to 33.04 Cr in December 2018, compared to 27.16 Cr in December 2017. The company's total assets increased to 176.63 Cr in December 2018 from 156.30 Cr in December 2017, with total liabilities also rising to 176.63 Cr. Cash flow from operating activities improved to 37.63 Cr in December 2018, up from 23.45 Cr in December 2017, although the net cash outflow was recorded at -9.22 Cr in December 2018. Overall, Stovec Inds. demonstrated a mixed performance with fluctuations in sales and profitability, but an upward trend in total assets and cash flow from operations.

When is the next results date for Stovec Industries Ltd?

The next results date for Stovec Industries Ltd is 23 February 2026.

The next results date for Stovec Industries Ltd is scheduled for 23 February 2026.

Are Stovec Industries Ltd latest results good or bad?

Stovec Industries Ltd's latest results are concerning, showing an 86.67% decline in net profit from the previous quarter and a 89.54% drop year-over-year, despite a 25.78% increase in net sales. The company's low operating margin and heavy reliance on non-operating income indicate significant operational challenges, leading to a negative outlook and a "strong sell" recommendation.

Stovec Industries Ltd's latest results indicate a troubling performance. In Q3 FY26, the company reported a net profit of just ₹0.16 crores, which represents a significant decline of 86.67% compared to the previous quarter and a staggering 89.54% year-over-year. While net sales showed a sequential improvement of 25.78% to ₹51.42 crores from ₹40.88 crores in Q2, this figure is still down 8.21% compared to the same quarter last year.<BR><BR>The operating margin, excluding other income, fell to a mere 1.03%, the lowest in seven quarters, down from 4.55% in Q2. This sharp decline in profitability raises serious concerns about the company's operational efficiency and cost management. Furthermore, the company has become heavily reliant on non-operating income, which constituted 625% of profit before tax, indicating underlying operational weaknesses.<BR><BR>Overall, these results suggest that Stovec Industries is facing significant challenges, with deteriorating profitability and a concerning reliance on non-core income to support its financial performance. The outlook appears negative, and the company is currently viewed as a "strong sell" due to these persistent issues.

Should I buy, sell or hold Stovec Industries Ltd?

Which are the latest news on Stovec Inds.?

Why is Stovec Industries Ltd falling/rising?

As of 02-May, Stovec Industries Ltd's stock is experiencing a downward trend, with a year-to-date decline of -10.41% and a significant drop of -26.80% over the past year. Despite some short-term gains, the overall outlook remains negative due to poor long-term growth and financial performance.

As of 02-May, Stovec Industries Ltd's stock price is currently falling, as indicated by a change of -4.5 (-0.25%). The stock has experienced a decline of -2.97% over the past week, although it has shown a significant increase of +29.22% over the past month. Despite this recent monthly gain, the year-to-date performance is down -10.41%, and the stock has underperformed significantly over the last year with a drop of -26.80%.<BR><BR>Today's performance indicates a slight positive trend, as the stock has outperformed its sector by 1.24% and has gained after two consecutive days of decline. However, it reached an intraday low of Rs 1790.1, reflecting a decrease of -2.53%. The stock's moving averages suggest mixed signals; it is higher than the 20-day and 50-day moving averages but lower than the 5-day, 100-day, and 200-day moving averages.<BR><BR>Investor participation has increased, with delivery volume rising by 203.41% compared to the 5-day average, indicating some interest in the stock. However, the overall outlook remains negative due to poor long-term growth, as evidenced by a -19.74% annual decline in operating profit over the last five years and negative results for the last five consecutive quarters. The company's return on capital employed (ROCE) is at a low of 6.96%, and its price-to-book value of 2.9 suggests an expensive valuation compared to peers.<BR><BR>In summary, while there are some short-term positive indicators, the overall trend for Stovec Industries Ltd is downward, driven by long-term underperformance, negative financial results, and a lack of growth.