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Unlisted Shares
Canara Workshops Essentials
As of July 27, 2024, Canara Workshops, Unlisted Shares are trading at ₹110.00 per share, with a 52-week high of ₹110 and 52-week low of ₹110. The minimun lot size is 1815 shares, and the shares are traded on NSDL.
ISIN
An International Securities Identification Number (ISIN) is a code that uniquely identifies a specific securities issue. The numbers are allocated by a country's respective national numbering agency (NNA).
Face Value
Value of a security, as stated by its issuer. It has no relation with market price of the stock.
Total Share
Total shares or total number of shares outstanding represents the amount of stock on the open market, including shares held by institutional investors and restricted shares held by insiders and company officers.
P/E
It is a valuation parameter that measures the company's current share price relative to its per-share earnings. Generally, high P/E is Overvalued & low P/E is Undervalued.
Market Capitalisation
Market capitalization is the aggregate valuation of the company based on its current share price and the total number of outstanding shares.
Enterprise Value
It measures companys total value, which includes market capitalization, debt and excludes cash.
Sector
A sector is an area in which businesses share the same or a related product or service. It can also be known as an industry or market that shares common operating characteristics
Sub-sector
Subsectors are the divisions of a sector. They are areas that vary from the rest of the sector substantially enough to justify creating a plan just for the subsector.
Category
Category is defined as a class or division of things regarded as having particular shared characteristics.
Canara Workshops Growth
Compounded Sales Growth
Highlights
- Market leader: Canara Workshops Limited is a leading manufacturer of springs and suspension components in India, known for their brand name "Canara Springs.They specialize in laminated leaf springs for heavy commercial vehicles, light commercial vehicles, passenger vehicles, and even some passenger cars.
- Revenue growth: The company experienced a 9.12% increase in revenue in FY23 compared to FY22. However, when examining the (CAGR) over the past 5 years, the company's revenue has decreased at a rate of 24%.
- Asset growth: The company's fixed assets saw an uptick due to the addition of a new plant worth Rs 40 lakh and computers valued at 17 lakh to its unit. Concurrently, the asset turnover ratio improved, rising from 0.71 in FY22 to 0.92 in FY23.
- Profit margins: The company continues to incur losses primarily due to its lower gross margins of 41%, falling below industry standards. Additionally, the impact of employee benefit expenses and finance costs has further compressed the company's margins, resulting in negative net profit margins.
- Investment thesis: The company's market capitalization to sales ratio is below 1, contrasting with the industry average that exceeds 4. This discrepancy implies potential financial distress or challenges within the company. Investors may be apprehensive about the company's capability to consistently generate profits and meet its financial obligations, contributing to a reduced valuation.
Business Rating
Managment
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Recommendation
Our Team
Mr. V. Mahesh Kamath
( Executive Director )
Mr. M. Venkatesh Pai
( Independent Director )
₹
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Invest
₹
, Min. Investment: ₹