Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 20 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 530621 | NSE: AAIL

Fundamental Analysis of Akar Auto Industries Ltd

Basic Stock Data

Last Updated: April 19, 2024, 11:30 am

Market Cap 122 Cr.
Current Price 113
High / Low170/74.0
Stock P/E16.6
Book Value 39.1
Dividend Yield0.44 %
ROCE17.6 %
ROE19.1 %
Face Value 5.00

Data Source: screener.in

Competitors of Akar Auto Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Sandhar Technologies Ltd 3,170 Cr. 526599/19532.3 1590.47 %8.70 %8.01 % 10.0
Sharda Motor Industries Ltd 4,478 Cr. 1,5041,644/61716.6 2911.15 %37.9 %28.8 % 2.00
Pricol Ltd 5,212 Cr. 428444/21140.4 63.00.00 %20.1 %18.3 % 1.00
Precision Camshafts Ltd 1,975 Cr. 208319/13355.3 75.80.48 %8.30 %6.55 % 10.0
Lumax Auto Technologies Ltd 3,196 Cr. 469508/28129.0 1030.96 %14.8 %15.9 % 2.00
Industry Average3,606.20 Cr627.0034.72138.360.61%17.96%15.51%5.00

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales53.1270.2356.7059.8465.3886.8082.5788.4294.40101.6889.7795.7693.66
Expenses51.2565.6652.5255.4160.6181.0078.0183.4288.5594.8884.6290.1987.19
Operating Profit1.874.574.184.434.775.804.565.005.856.805.155.576.47
OPM %3.52%6.51%7.37%7.40%7.30%6.68%5.52%5.65%6.20%6.69%5.74%5.82%6.91%
Other Income1.630.130.020.020.120.430.030.040.060.050.050.060.03
Interest2.122.231.871.832.092.221.902.212.643.292.222.472.78
Depreciation1.131.051.151.151.101.020.991.001.011.050.950.901.07
Profit before tax0.251.421.181.471.702.991.701.832.262.512.032.262.65
Tax %116.00%29.58%1.69%-4.76%-23.53%30.43%27.65%31.15%28.76%-11.16%43.35%35.40%27.17%
Net Profit-0.031.001.171.542.102.081.231.261.602.791.151.461.92
EPS in Rs-0.030.931.081.431.951.931.141.171.482.591.071.351.78

Last Updated: April 10, 2024, 5:51 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 6, 2024, 1:36 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales142141142159184189241277198187269366381
Expenses131132133149171175223258188178250344357
Operating Profit119991214181899192224
OPM %8%7%6%6%7%7%8%7%5%5%7%6%6%
Other Income000100-1-002100
Interest655677888881011
Depreciation2223334444444
Profit before tax32123456-2-2789
Tax %17%42%49%32%36%37%36%12%-23%-35%6%17%
Net Profit21112235-3-3777
EPS in Rs2.060.860.641.141.702.282.974.83-2.84-2.636.386.386.79
Dividend Payout %12%29%47%31%29%24%19%11%0%0%4%8%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-50.00%0.00%0.00%100.00%0.00%50.00%66.67%-160.00%0.00%333.33%0.00%
Change in YoY Net Profit Growth (%)0.00%50.00%0.00%100.00%-100.00%50.00%16.67%-226.67%160.00%333.33%-333.33%

Growth

Compounded Sales Growth
10 Years:10%
5 Years:9%
3 Years:23%
TTM:8%
Compounded Profit Growth
10 Years:22%
5 Years:11%
3 Years:62%
TTM:19%
Stock Price CAGR
10 Years:30%
5 Years:24%
3 Years:88%
1 Year:50%
Return on Equity
10 Years:8%
5 Years:9%
3 Years:12%
Last Year:19%

Last Updated: April 16, 2024, 9:09 pm

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital5555555555555
Reserves19191918202023272320273437
Borrowings46393535455157666679716561
Other Liabilities41455056564956545055558399
Total Liabilities111109110115126125140153144159159187202
Fixed Assets36353429303537394342384149
CWIP0000131400011
Investments1110000000000
Other Assets747275869588102110101117121145153
Total Assets111109110115126125140153144159159187202

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -28116112971401525
Cash from Investing Activity -3-1-11-4-10-4-8-5-10-8
Cash from Financing Activity 5-7-9-73-2-41-91-15-16
Net Cash Flow0-100001-01-111

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-35.00-30.00-26.00-26.00-33.00-37.00-39.00-48.00-57.00-70.00-52.00-43.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days785960657160565057774849
Inventory Days138181188176147145127125180223167121
Days Payable15317620018514810695821111279399
Cash Conversion Cycle6364485670100889312517312270
Working Capital Days9281656572767073931168357
ROCE %13%10%10%11%15%15%18%16%5%6%15%18%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters73.06%73.06%73.06%73.06%73.06%73.06%73.06%73.06%73.06%73.06%73.06%73.06%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.65%0.65%0.37%0.00%0.00%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.54%
Public26.94%26.94%26.94%26.94%26.94%26.94%26.94%26.29%26.29%26.56%26.94%26.40%
No. of Shareholders2,8762,8762,9293,2513,5543,4303,3483,4393,4163,8364,0434,127

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 11
FaceValue10.00
Basic EPS (Rs.)7.45
Diluted EPS (Rs.)7.45
PBDIT Margin (%)9.87
PBIT Margin (%)8.04
PBT Margin (%)4.32
Net Profit Margin (%)3.05
NP After MI And SOA Margin (%)3.05
Interest Coverage Ratio (X)2.16
Interest Coverage Ratio (Post Tax) (X)1.82

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 124.52

The stock is undervalued by 10.19% compared to the current price ₹113

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Akar Auto Industries Ltd:
    1. Net Profit Margin: 3.05%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: N/A% (Industry Average ROCE: 17.96%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: N/A% (Industry Average ROE: 15.51%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.82
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: N/A
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. ✓ Stock P/E: 16.6 (Industry average Stock P/E: 34.72)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: N/A
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating: ★★★★︎☆

About the Company

Akar Auto Industries Ltd. is a Public Limited Listed company incorporated on 21/06/1989 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29220MH1989PLC052305 and registration number is 052305. Currently Company is involved in the business activities of Manufacture of metal-forming machinery and machine tools. Company’s Total Operating Revenue is Rs. 268.52 Cr. and Equity Capital is Rs. 5.39 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Auto Ancl - Others304, Abhay Steel House, Baroda Street, Mumbai Maharashtra 400009corporate@akartoolsltd.com
http://www.akartoolsltd.com
Management
NamePosition Held
Mr. N K GuptaNon Executive Chairman
Mr. Sunil TodiManaging Director
Mr. P M NijampurkarWhole Time Director
Mr. Bhimsen Raghavendra GalgaliIndependent Director
Mrs. Bhavana Vijay SabooIndependent Director
Mr. Anil Kumar GuptaIndependent Director
Mr. Ulhas GaoliIndependent Director

Akar Auto Industries Ltd. Share Price Update

Share PriceValue
Today₹112.95
Previous Day₹112.20

FAQ

What is the latest fair value of Akar Auto Industries Ltd?

The latest fair value of Akar Auto Industries Ltd is 124.52.

What is the Market Cap of Akar Auto Industries Ltd?

The Market Cap of Akar Auto Industries Ltd is 122 Cr..

What is the current Stock Price of Akar Auto Industries Ltd as on 20 April 2024?

The current stock price of Akar Auto Industries Ltd as on 20 April 2024 is 113.

What is the High / Low of Akar Auto Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of Akar Auto Industries Ltd stocks is ₹170/74.0.

What is the Stock P/E of Akar Auto Industries Ltd?

The Stock P/E of Akar Auto Industries Ltd is 16.6.

What is the Book Value of Akar Auto Industries Ltd?

The Book Value of Akar Auto Industries Ltd is 39.1.

What is the Dividend Yield of Akar Auto Industries Ltd?

The Dividend Yield of Akar Auto Industries Ltd is 0.44 %.

What is the ROCE of Akar Auto Industries Ltd?

The ROCE of Akar Auto Industries Ltd is 17.6 %.

What is the ROE of Akar Auto Industries Ltd?

The ROE of Akar Auto Industries Ltd is 19.1 %.

What is the Face Value of Akar Auto Industries Ltd?

The Face Value of Akar Auto Industries Ltd is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Akar Auto Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE