Trending stocks

Simplex Castings reports 13.6 pp EBITDA Margin decline from 13.6% to in 2015

28-05-2015 • About Simplex Castings ($SIMPLEXCAS) • By InTwits

Simplex Castings reported FY2015 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.

Simplex Castings ($SIMPLEXCAS) key annual financial indicators

mln. INR201120122013201420152015/2014
P&L
Revenue2,0352,1752,0311,5881,6997.0%
EBITDA347357274215-100.0%
Net Income129106501512-22.2%
Balance Sheet
Cash24
Short Term Debt469519
Long Term Debt133236
Cash flow
Capex168232
Ratios
Revenue growth4.0%6.9%-6.6%-21.9%7.0%
EBITDA growth28.5%2.9%-23.3%-21.5%
EBITDA Margin17.1%16.4%13.5%13.6%0.0%-13.6%
Net Income Margin6.3%4.9%2.4%1.0%0.7%-0.3%
CAPEX, % of revenue8.3%10.7%0.0%
ROIC24.3%20.9%0.0%
ROE21.4%15.3%0.0%
Net Debt/EBITDA1.7x2.1x0.0x0.0x0.0x

Revenue and profitability


The company's Revenue increased on 7.0% in FY2015.

Net Income marign showed almost no change in FY2015.


Appendix 1: Peers in Other Industrial Products


Below you can find Simplex Castings benchmarking vs. other companies in Other Industrial Products industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.

Top companies by Revenue growth, %

Top  FY2011 FY2012 FY2013 FY2014 FY2015
Bharat Forge ($BHARATFORG)26.4%-18.8%31.7%13.5%
Welcast Steels ($ZWELCAST)8.3%11.1%-1.5%0.0%
Carborundum Universal ($CARBORUNIV)24.1%-1.2%7.8%-3.5%
 
Median (3 companies)41.0%16.2%-10.0%3.2%0.0%
Simplex Castings ($SIMPLEXCAS)6.9%-6.6%-21.9%7.0%


Top companies by EBITDA margin, %

Top 5 FY2011 FY2012 FY2013 FY2014 FY2015
Hindustan Wires ($HINDWRS)27.3%
Bharat Forge ($BHARATFORG)16.0%16.0%15.8%15.5%18.9%
Carborundum Universal ($CARBORUNIV)18.2%19.7%12.3%12.2%13.2%
Hilton Metal Forging ($HILTON)7.1%
Lgb Forge ($LGBFORGE)4.6%
 
Median (8 companies)16.8%15.2%7.5%12.2%5.9%


Top companies by CAPEX/Revenue, %

Top  FY2011 FY2012 FY2013 FY2014 FY2015
Bharat Forge ($BHARATFORG)10.2%15.6%11.0%10.1%9.4%
Everest Kanto Cylinder ($EKC)9.4%5.7%0.4%4.0%
Carborundum Universal ($CARBORUNIV)5.0%8.5%10.9%3.6%3.8%
 
Median (3 companies)7.2%7.1%10.9%4.0%6.6%


Top companies by ROIC, %

Top 5 FY2011 FY2012 FY2013 FY2014 FY2015
Gujarat Intrux ($GUJINTRX)10.1%26.0%23.7%19.7%
Bharat Forge ($BHARATFORG)12.6%14.6%9.1%12.6%18.5%
Carborundum Universal ($CARBORUNIV)20.1%25.3%11.8%10.6%11.0%
Lgb Forge ($LGBFORGE)-4.7%8.6%2.5%-3.6%-0.6%
Everest Kanto Cylinder ($EKC)6.5%2.6%-7.3%-7.9%
 
Median (12 companies)10.4%13.5%10.8%10.6%11.0%
Simplex Castings ($SIMPLEXCAS)24.3%20.9%


Top companies by Net Debt / EBITDA

Top 5 FY2011 FY2012 FY2013 FY2014 FY2015
Lgb Forge ($LGBFORGE)5.8x4.4x3.7x4.0x5.9x
Bharat Forge ($BHARATFORG)2.3x2.6x3.0x2.2x1.3x
Carborundum Universal ($CARBORUNIV)1.2x0.8x1.5x1.2x0.7x
Hindustan Wires ($HINDWRS)0.0x
Welcast Steels ($ZWELCAST)0.8x1.1x-0.1x0.0x
 
Median (6 companies)4.3x2.6x1.8x0.6x0.3x