C&S Electric Unlisted Shares
About C&S Electric Unlisted Shares
C&S Electric, established in 1966, has been a cornerstone in India’s power infrastructure development, earning global respect for the “Made in India” label. Over the years, the company has introduced cutting-edge power management solutions, solidifying its reputation as a trusted brand both domestically and internationally.
Business Divisions
C&S Electric operates through several key business divisions:
- Low Voltage Products and Solutions: This division offers circuit breakers and related solutions designed to ensure safety and efficiency in electrical systems.
- Final Distribution Products: Products such as Miniature Circuit Breakers (MCBs) and isolators fall under this category, providing essential components for electrical distribution.
- Lighting: The company provides LED lighting solutions, catering to both industrial and commercial needs.
- Low Voltage Switchboards: C&S Electric designs and manufactures switchboards that are integral to electrical distribution systems.
- Power Busbars: Their metal-clad busducts are crucial for efficient power distribution in various applications.
- Protection & Measurement Devices: This includes feeder protection devices that ensure the safety and reliability of electrical systems.
- Medium Voltage Products: The company offers air-insulated switchgear for medium voltage applications.
- Diesel Gensets: C&S Electric provides diesel generator sets to ensure uninterrupted power supply across various sectors.
Pros
- Technological Leadership: C&S Electric has been at the forefront of introducing advanced power management technologies in India, enhancing its competitive edge.
- Global Reach: A significant portion of the company’s production is exported to countries including the USA, Europe, Russia, Brazil, Malaysia, the Middle East, and Australia, underscoring its international presence.
- Market Leadership: The company holds a dominant market share in the busbars segment within India and is among the largest exporters of electrical switchgear products.
Cons
- Market Competition: The electrical equipment industry is highly competitive, with numerous players vying for market share, which can impact profit margins.
- Dependence on Specific Markets: While the company has a global presence, a significant portion of its revenue is tied to specific international markets, making it susceptible to regional economic fluctuations.
Key Details
| Share Name | Particulars |
|---|---|
| C&S Electric Unlisted | 550.00 |
| Shares Price | Per Equity Share |
| Lot Size | 100 Shares |
| 52 Week High | ₹695 |
| 52 Week LoW | ₹650 |
| Depository | NSDL & CDSL |
| PAN Number | AAACC0909K |
| ISIN Number | INE052F01012 |
| CIN | U31909DL1971PLC005672 |
| RTA | N/A |
| Fundamentals | Value |
|---|---|
| Market Cap (in cr.) | 2434.74 |
| P/E Ratio | 19.99 |
| P/B Ratio | 4.47 |
| Debt to Equity | 0 |
| ROE (%) | 22% |
| Book Value | 123 |
| EPS | 27.51 |
| Face Value | 10 |
| Total Shares | 44268062 |
Financials
| P&L Statement | 2023 | 2022 |
|---|---|---|
| Revenue | 1515 | 1233 |
| Cost of Material Consumed | 954 | 803 |
| Gross Margins | 37.02 | 34.87 |
| Change in Inventory | -11 | -16 |
| Employee Benefit Expenses | 150 | 140 |
| Other Expenses | 224 | 245 |
| EBITDA | 197 | 62 |
| OPM | 13.00 | 5.02 |
| Other Income | 11 | 13 |
| Finance Cost | 2 | 5 |
| D&A | 32 | 30 |
| EBIT | 165 | 31 |
| EBIT Margins | 10.89 | 2.51 |
| PBT | 163 | 26 |
| PBT Margins | 10.75 | 2.10 |
| Tax | 41 | 10 |
| PAT | 122 | 16 |
| NPM | 8.05 | 1.29 |
| EPS | 27.51 | 3.69 |
| Financial Ratios | Sep-23 | Sep-22 |
|---|---|---|
| Operating Margin | 11% | 3% |
| Net Profit Margin | 8% | 1% |
| Return on Equity | 22% | 4% |
| Debt-Equity | 0 | 0 |
| Current Ratio | 1.98 | 1.88 |
| Dividend Payout | 73% | 81% |
| Company | C&S Electric Ltd | MIC Electronics Ltd |
|---|---|---|
| Market Cap (₹ Crores) | 3077 | 1794 |
| Profitability Margin (%) | 8% | 90% |
| ROCE (%) | 28% | 12% |
| ROE (%) | 22% | 60% |
| D/E Ratio | 0 | 0.2 |
| P/E Ratio | 25.26 | 31.9 |
| P/B Ratio | 5.65 | 8.37 |
| Book Value per Share (₹) | 123 | 8.96 |
| Assets | 2023 | 2022 |
|---|---|---|
| Fixed Assets | 145.6 | 147.9 |
| CWIP | 1.4 | 1.6 |
| Investments | 0 | 0 |
| Trade Receivables | 299.2 | 229.3 |
| Inventory | 224.4 | 233.9 |
| Other Assets | 272.5 | 139.3 |
| Total Assets | 943.1 | 752 |
| Liabilities | 2023 | 2022 |
|---|---|---|
| Share Capital | 44.2 | 44.2 |
| FV | 10 | 10 |
| Reserves | 500.2 | 392.6 |
| Borrowings | 0 | 0 |
| Trade Payables | 188.1 | 154.8 |
| Other Liabilities | 470.5 | 878.4 |
| Total Liabilities | 1203 | 1470 |
