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Coventry Coil-O-Matic (Haryana) Ltd

Company details

1.58
1.58
1.32
1.58
6M Return 0.00%
1Y Return 43.64%
Mkt Cap.(Cr) 0.71
Volume 300
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 300

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: -11.11 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 41.01 -16,297.57
LAST 3M 16,935.72 -4,368.10
LAST 6M 40,997.71 72,693.54
LAST 12M 176,172.92 -109,962.90

INFORMATION

Stock PE (TTM)

0.56

Promoter Holding

44.23%

Book Value

-24.3716

ROCE

44.66%

ROE

-31.38%

Description

  • Coventry Coil-o-Matic (Haryana) Limited (CCHL) was incorporated in the year September 23, 1988. The Company is one of India`s leading integrated spring Solutions Company offering a comprehensive range of products and solutions catering to multiple industries. The Company is a leading manufacturer of Auto Suspension Springs as well as Power Brake Actuator Springs for Commercial Vehicles and is the leading market players in springs for other Industrial Applications. Business from the Auto Suspension Springs and Power Brake Actuator Springs accounted for more than 90% of the total turnover. During the year 2013, the Company started developing springs with high strength materials for the 2-wheeler segment and modifying the springs to make it lighter in weight thereby reducing the overall price for potential customers. The company also developed springs for Mono-Shock Suspension, thus widening its product range to two wheeler segments as well. Other than Suspension Springs, the company made springs for PCB Kits and Medical applications. During FY16, the Company availed term loans of Rs.925.67 lakhs between 1990 and 1992 from consortium of ICICI; IDBI and IFCI of with ICICI was the lead institution. Due to financial crisis in the country during implementation of project, there was cost over runs leading to tight cash flows and incurring huge losses. The Company went to BIFR and during that time had repaid the institutions, a substantial amount. However the loans were assigned to various asset reconstructions companies who went to Court for recovery of exorbitant amounts of the balance of debts. On 18th January 2016, the Debt Recovery Tribunal-1, Delhi (DRT-I) pronounced an Order for recovery of Rs. 8449.40 lakhs together with simple interest @ 13.5% p.a. The Company has filed an Appeal in the Appellate Court against this Order, as the Company is of the view that the Said Order is not in accordance with the law and after applying the Reserve Bank of India One-Time Settlement (RBI OTS) Guidelines and after adjusting amounts already paid, physical possession of part property given and amount deposited with the DRT. The Company is of the opinion that nothing will be due and payable by the Company to the lenders/ assignees. On the contrary amounts may become recoverable which claims the Company has filed.

No Data Found

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 523415
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : Z
ISIN : INE964D01013

ICICIdirect Coventry Coil-O-Matic (Haryana) Ltd FAQ

You can buy Coventry Coil-O-Matic (Haryana) Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Coventry Coil-O-Matic (Haryana) Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Aug 16, 2022 04:01 PM the closing price of Coventry Coil-O-Matic (Haryana) Ltd was ₹ 1.58.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Aug 16, 2022 04:01 PM, the market cap of Coventry Coil-O-Matic (Haryana) Ltd stood at ₹ 0.71.
The latest PE ratio of Coventry Coil-O-Matic (Haryana) Ltd as of Aug 16, 2022 04:01 PM is 0.56
The latest PB ratio of Coventry Coil-O-Matic (Haryana) Ltd as of Aug 16, 2022 04:01 PM is -15.43
The 52-week high of Coventry Coil-O-Matic (Haryana) Ltd is ₹ 1.58 while the 52-week low is ₹ 1.32

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