---
title: "Punjab Tractors Ltd(merged) (PUNJABTRAC) — Share Price, Financials & Analysis"
symbol: "PUNJABTRAC"
company: "Punjab Tractors Ltd(merged)"
canonical: "https://tapetide.com/stocks/PUNJABTRAC"
generated_at: "2026-10-13T11:01:47.724Z"
---

# Punjab Tractors Ltd(merged) (PUNJABTRAC)

Canonical page: https://tapetide.com/stocks/PUNJABTRAC

## Company

- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** swarajenterprise.com

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 177 to 106 days.
- Company's working capital requirements have reduced from 169 days to 90.3 days

### Weaknesses

- Company has a low return on equity of 12.0% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -7% |
| revenue growth | 1% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 |
| --- | --- | --- | --- |
| Sales | 962 | 956 | 970 |
| Expenses | 898 | 857 | 873 |
| Operating Profit | 64 | 99 | 97 |
| OPM % | 7 | 10 | 10 |
| Other Income | 134 | 33 | 18 |
| Interest | 13 | 7 | 1 |
| Depreciation | 15 | 15 | 17 |
| Profit before tax | 170 | 110 | 97 |
| Tax % | 24 | 29 | 33 |
| Net Profit | 129 | 78 | 65 |
| Dividend Payout % | 49 | 0 | 47 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 |
| --- | --- | --- | --- |
| Equity Capital | 61 | 61 | 61 |
| Reserves | 508 | 586 | 604 |
| Borrowings | 103 | 11 | 4 |
| Other Liabilities | 315 | 300 | 371 |
| Total Liabilities | 987 | 958 | 1040 |
| Fixed Assets | 101 | 94 | 88 |
| CWIP | 1 | 1 | 3 |
| Investments | 9 | 4 | 154 |
| Other Assets | 876 | 859 | 795 |
| Total Assets | 987 | 958 | 1040 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 |
| --- | --- | --- | --- |
| Cash from Operating Activity | -46 | 149 | 293 |
| Cash from Investing Activity | 71 | 18 | -145 |
| Cash from Financing Activity | -6 | -134 | -7 |
| Net Cash Flow | 19 | 33 | 142 |
| Free Cash Flow | -49 | 141 | 280 |
| CFO/OP | 1 | 189 | 340 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 |
| --- | --- | --- | --- |
| Debtor Days | 234 | 192 | 106 |
| Inventory Days | 46 | 72 | 61 |
| Days Payable | 49 | 55 | 45 |
| Cash Conversion Cycle | 231 | 209 | 122 |
| Working Capital Days | 215 | 201 | 90 |
| ROCE % | — | 16 | 15 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 166.83 | Buy |
| EMA (10) | 169.19 | Buy |
| SMA (20) | 172.73 | Sell |
| EMA (20) | 171.75 | Sell |
| SMA (50) | 181.31 | Sell |
| EMA (50) | 180.1 | Sell |
| SMA (100) | 194.48 | Sell |
| EMA (100) | 186.03 | Sell |
| SMA (200) | 190.3 | Sell |
| EMA (200) | 190.85 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.79 | Neutral |
| MACD (12,26,9) | -4 | Buy |
| Stochastic (14,3,3) | 47.98 | Neutral |
| ADX (14) | 22.13 | Neutral |
| Williams %R (14) | -44.67 | Neutral |
| ATR (14) | 9.04 | High Volatility |
| ROC (12) | -1.46 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 50.13 | Neutral |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:47.724Z.