Quest Flow Controls Q4 FY24 Share Price & Earnings Call Analysis

₹181.00+1.60% today
Market cap
₹186 Cr
ROE
-4.60%
Price to sales
3.16
Debt to equity
0.05
52W high / low
₹289 / ₹120
EBITDA margin
-30.73%
Net profit margin
-5.47%
Promoter holding
25.63%
Sales (last year)
₹59 Cr

Incorporated in 2016, Quest Flow Controls Ltd is engagedin the manufacturing of special purpose machinery

Guidance scorecard · Q4 FY24 call

What Quest Flow's management guided
and where it ranks in Industrial Products

RevenueQ4 FY24 call

20–40%
  • The company targets sustainable growth of 25% to 30% year-on-year in revenue.
  • Full-scale management of the newly formed JV is expected from September, potentially generating revenue in the second half of the financial year.
  • With the addition of new products and backward integration, the company anticipates consolidation over the next couple of years, with eventual equalization of revenues across quarters.
  • CapEx plans include about INR 15 crore for FY24 and potential additional investments for FY25 to enhance productivity with new technology and machinery.

2 more points from Quest Flow's call on revenue

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Full Q4 FY24 analysis

MarginsQ4 FY24 call

Up 2%+

See what Quest Flow said on margins — free account, 30 seconds.

Full Q4 FY24 analysis

CapexQ4 FY24 call

Planned
  • Present CapEx of around INR 15 crore planned for May 2024 focusing on new machinery and technology to enhance productivity and increase ROCE.
  • Future CapEx for FY25 is in the planning stage, expected to be finalized within a couple of months.
  • Capital infusion post-listing on SME increased CapEx, including addition of CNC machines and integration of a foundry for backward integration starting July to scale up production and reduce delays.
  • Strategic JV formed, with management in place from 1st September 2024, expected to start generating revenue in the second half of FY25.

2 more points from Quest Flow's call on capex

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Full Q4 FY24 analysis

FundraisingQ4 FY24 call

See what Quest Flow said on fundraising — free account, 30 seconds.

Full Q4 FY24 analysis

Order bookQ4 FY24 call

Rising
  • The company has a strong and growing order book, with repeat inquiries from sectors like power (e.g., NTPC), oil and gas, and aviation fuel.
  • They have received about 20-25 inquiries recently in the water treatment segment, indicating promising business opportunities.
  • The shipbuilding and marine sector is a core focus, with ongoing development and certifications to meet stringent requirements.
  • For FY24, H2 order inflows and revenues were approximately double those of H1, reflecting seasonality and growth momentum.
  • The company is strategically consolidating and adding new products, with backward integration like an in-house foundry to scale production.

2 more points from Quest Flow's call on the order book

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Full Q4 FY24 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. 3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹448 Cr17.9
240%+Up 2%+₹413 Cr12.0
340%+Up 2%+₹324 Cr22.7
440%+Up 0–2%₹1,496 Cr32.8
540%+Up 0–2%₹1,079 Cr12.7
640%+Flat₹827 Cr21.4

Financials of Quest Flow

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Quest Flow

Quarterly Results

Quarter-by-quarter operating performance

No quarterly results data available for this company yet.

Financials of Quest Flow

Profit & Loss

Annual income statement trend

Mar 2024Mar 2025Mar 2026
Sales +63.1467.2162.36
Expenses +48.3754.7462.30
Operating Profit14.7712.470.06
OPM %23.39%18.55%0.10%
Other Income +0.180.735.29
Interest0.870.810.67
Depreciation1.163.445.00
Profit before tax12.928.95-0.32
Tax %29.95%23.46%159.38%
Net Profit +9.056.80-4.28
EPS in Rs-4.17
Dividend Payout %0.00%0.00%0.00%

Financials of Quest Flow

Balance Sheet

Capital structure and asset base

Mar 2024Mar 2025Mar 2026
Equity Capital10.1610.1610.26
Reserves50.0056.2671.64
Borrowings +5.6119.585.48
Other Liabilities +19.1119.0136.83
Total Liabilities84.88105.01124.21
Fixed Assets +13.9519.4322.74
CWIP3.580.000.00
Investments0.000.001.98
Other Assets +67.3585.5899.49
Total Assets84.88105.01124.21

Financials of Quest Flow

Cash Flows

Operating, investing and financing cash movement

Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-13.124.49
Cash from Investing Activity +-17.20-16.27
Cash from Financing Activity +31.0913.07
Net Cash Flow0.771.29
Free Cash Flow-30.32-0.85
CFO/OP-89%68%

Financials of Quest Flow

Ratios

Working capital efficiency and return ratios

Mar 2024Mar 2025Mar 2026
Debtor Days201.35251.01294.70
Inventory Days140.9478.42166.53
Days Payable124.93114.70289.67
Cash Conversion Cycle217.36214.73171.57
Working Capital Days257.88275.88256.07
ROCE %12.82%3.38%

What Quest Flow's management said in earlier quarters

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