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Last Updated on: 22 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 532797 | NSE: AUTOIND

Autoline Industries Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 10:26 pm

Market Cap 399 Cr.
Current Price 103
High / Low165/92.0
Stock P/E19.5
Book Value 37.3
Dividend Yield0.00 %
ROCE11.2 %
ROE15.5 %
Face Value 10.0
PEG Ratio0.24

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Autoline Industries Ltd

Competitors of Autoline Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
IP Rings Ltd 250 Cr. 197262/142 82.80.00 %4.05 %2.95 % 10.0
Talbros Automotive Components Ltd 1,787 Cr. 289396/22020.6 96.40.24 %21.4 %17.2 % 2.00
Sundram Fasteners Ltd 24,393 Cr. 1,1621,506/1,00244.6 1730.59 %18.5 %16.2 % 1.00
Sintercom India Ltd 389 Cr. 141170/121363 36.70.00 %4.82 %1.15 % 10.0
Shriram Pistons & Rings Ltd 8,855 Cr. 2,0102,399/99319.1 4870.50 %27.9 %25.2 % 10.0
Industry Average13,350.91 Cr3,628.8057.98534.830.70%16.39%14.39%7.00

All Competitor Stocks of Autoline Industries Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales80.31135.49164.61188.02179.89167.71153.40148.74149.39161.57153.77189.42151.13
Expenses78.30123.70151.81168.33167.39161.02140.38142.09138.87149.26141.27174.13135.25
Operating Profit2.0111.7912.8019.6912.506.6913.026.6510.5212.3112.5015.2915.88
OPM %2.50%8.70%7.78%10.47%6.95%3.99%8.49%4.47%7.04%7.62%8.13%8.07%10.51%
Other Income5.250.190.461.32-0.0713.880.62-3.12-0.05-0.110.102.540.74
Interest6.645.986.416.655.745.205.075.975.705.184.947.227.25
Depreciation5.065.004.995.084.975.074.093.503.463.493.423.454.08
Profit before tax-4.441.001.869.281.7210.304.48-5.941.313.534.247.165.29
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.51%3.82%6.23%1.18%1.12%0.00%
Net Profit-4.441.001.869.281.7210.304.48-5.971.263.314.197.085.29
EPS in Rs-1.150.310.512.470.462.661.17-1.440.360.901.101.851.38

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales801677507311359385452316285568650654656
Expenses743655512312354388445329276522611604600
Operating Profit5822-5-16-37-13946395156
OPM %7%3%-1%-0%2%-1%2%-4%3%8%6%8%9%
Other Income11-1914-301046-1271223
Interest37343227373738313226222325
Depreciation23252825232221212020181414
Profit before tax9-38-56-39-84-52-5-66-428111620
Tax %-22%5%2%0%-15%0%1%0%0%0%0%2%
Net Profit11-40-57-39-72-52-5-66-428111620
EPS in Rs8.91-32.36-46.12-29.50-44.86-24.94-1.83-24.43-13.532.032.714.215.23
Dividend Payout %11%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-463.64%-42.50%31.58%-84.62%27.78%90.38%-1220.00%36.36%119.05%37.50%45.45%
Change in YoY Net Profit Growth (%)0.00%421.14%74.08%-116.19%112.39%62.61%-1310.38%1256.36%82.68%-81.55%7.95%

Autoline Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:0%
5 Years:8%
3 Years:32%
TTM:6%
Compounded Profit Growth
10 Years:9%
5 Years:18%
3 Years:33%
TTM:144%
Stock Price CAGR
10 Years:3%
5 Years:33%
3 Years:20%
1 Year:4%
Return on Equity
10 Years:-38%
5 Years:-27%
3 Years:9%
Last Year:15%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:39 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital12121213162127273138393939
Reserves26626914811358457812-9233691107
Borrowings246266183198224250220187197237173194209
Other Liabilities168121172175209181201205207190191251304
Total Liabilities693669516499507497526432426487439575658
Fixed Assets291296252223240221205187169150141187224
CWIP19-0-01-031114111525
Investments66323232000000000
Other Assets317342232244267273320244256333287373410
Total Assets693669516499507497526432426487439575658

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +41-5269-1644-1719237-537619
Cash from Investing Activity +-3221719-574-3-052-55
Cash from Financing Activity +-521-76-3-4013-25-19-747-7935
Net Cash Flow3-10-0-0-02-21-1-000

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-188.00-244.00-188.00-199.00-218.00-253.00-213.00-200.00-188.00-191.00-134.00-143.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days225219365443363157714264
Inventory Days119143154266238237196241295148122129
Days Payable655368128139736082133565663
Cash Conversion Cycle76142105174153208171190219163109129
Working Capital Days469174121546641-18951107266
ROCE %7%0%-7%-6%-4%-7%-3%-9%-4%9%7%11%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters31.64%31.64%31.64%33.39%33.40%33.40%33.40%33.40%33.40%33.40%33.40%33.40%
FIIs0.00%0.00%0.00%0.00%0.01%0.22%0.00%0.03%0.01%0.00%0.15%0.06%
DIIs19.75%19.75%19.75%19.24%12.31%12.31%12.31%12.31%12.31%12.31%12.58%12.31%
Public48.61%48.61%48.61%47.36%54.30%54.09%54.32%54.28%54.31%54.31%53.89%54.26%
No. of Shareholders16,05217,29219,03119,48819,14419,32019,63920,71121,94424,25425,76326,561

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)4.072.722.09-14.48-24.43
Diluted EPS (Rs.)3.942.702.05-14.48-24.43
Cash EPS (Rs.)7.627.237.33-6.92-16.68
Book Value[Excl.RevalReserv]/Share (Rs.)51.1635.3532.6526.7137.92
Book Value[Incl.RevalReserv]/Share (Rs.)51.1635.5832.8927.0038.26
Revenue From Operations / Share (Rs.)167.90166.76149.7391.95117.02
PBDIT / Share (Rs.)13.6310.5412.613.31-3.73
PBIT / Share (Rs.)10.086.027.31-3.28-11.48
PBT / Share (Rs.)4.172.712.03-13.52-24.43
Net Profit / Share (Rs.)4.072.702.03-13.52-24.43
NP After MI And SOA / Share (Rs.)4.212.702.03-13.52-24.43
PBDIT Margin (%)8.126.328.423.60-3.18
PBIT Margin (%)6.003.604.88-3.57-9.81
PBT Margin (%)2.481.621.35-14.70-20.87
Net Profit Margin (%)2.421.621.35-14.70-20.87
NP After MI And SOA Margin (%)2.501.621.35-14.70-20.87
Return on Networth / Equity (%)12.0814.3313.01-206.00-163.55
Return on Capital Employeed (%)15.4213.4517.83-6.73-20.15
Return On Assets (%)2.852.391.57-9.81-15.29
Long Term Debt / Equity (X)0.380.420.463.241.23
Total Debt / Equity (X)1.422.323.986.952.83
Asset Turnover Ratio (%)1.291.401.370.730.73
Current Ratio (X)0.990.970.900.810.73
Quick Ratio (X)0.480.350.410.250.18
Inventory Turnover Ratio (X)2.832.973.981.922.10
Interest Coverage Ratio (X)2.311.871.860.32-0.32
Interest Coverage Ratio (Post Tax) (X)1.691.071.08-0.31-0.99
Enterprise Value (Cr.)684.25506.19499.44322.91196.14
EV / Net Operating Revenue (X)1.050.770.871.130.62
EV / EBITDA (X)12.8812.3210.4331.46-19.45
MarketCap / Net Operating Revenue (X)0.680.420.350.440.08
Price / BV (X)3.303.763.456.180.67
Price / Net Operating Revenue (X)0.680.420.350.440.08
EarningsYield0.030.030.03-0.33-2.42

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Autoline Industries Ltd as of November 22, 2024 is: 114.99

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.

As of November 22, 2024, Autoline Industries Ltd is Undervalued by 11.64% compared to the current share price 103.00

Intrinsic Value of Autoline Industries Ltd as of November 22, 2024 is: 208.84

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • 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.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 22, 2024, Autoline Industries Ltd is Undervalued by 102.76% compared to the current share price 103.00

Last 5 Year EPS CAGR: 81.62%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
    1. The stock has a low average ROCE of -0.50%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 68.17, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 153.25, which may not be favorable.
    4. The company has higher borrowings (214.15) compared to reserves (95.15), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (509.31) and profit (-24.46).

    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 Autoline Industries Ltd:
      1. Net Profit Margin: 2.42%
        • 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: 15.42% (Industry Average ROCE: 16.39%)
        • 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%: 12.08% (Industry Average ROE: 14.39%)
        • 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): 1.69
        • 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: 0.48
        • 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: 19.5 (Industry average Stock P/E: 57.98)
        • 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: 1.42
        • 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 - Qualitative Analysis

    Autoline Industries Ltd. is a Public Limited Listed company incorporated on 16/12/1996 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L34300PN1996PLC104510 and registration number is 104510. Currently Company is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 566.38 Cr. and Equity Capital is Rs. 37.96 Cr. for the Year ended 31/03/2022.
    INDUSTRYADDRESSCONTACT
    Auto Ancl - Engine PartsSurvey Nos 313, 314, 320 to 323, Pune District Maharashtra 410501investorservices@autolineind.com
    http://www.autolineind.com
    Management
    NamePosition Held
    Mr. Vilas LandeChairman Emeritus
    Mr. Prakash NimbalkarChairman & Ind.Director
    Mr. Shivaji AkhadeManaging Director & CEO
    Mr. Sudhir MungaseWhole Time Director
    Mr. Vinayak Janardan JadhavAddnl.Non Exe.Independent Director
    CA. Vijay ThanawalaIndependent Director
    Ms. Rajashri SaiIndependent Director
    Mr. Kishor KharatIndependent Director
    Ms. Aishwarya Shivaji AkhadeAdditional Director
    Mr. Siddarth RazdanNominee Director

    FAQ

    What is the latest intrinsic value of Autoline Industries Ltd?

    The latest intrinsic value of Autoline Industries Ltd as on 21 November 2024 is ₹114.99, which is 11.64% higher than the current market price of ₹103.00.

    What is the Market Cap of Autoline Industries Ltd?

    The Market Cap of Autoline Industries Ltd is 399 Cr..

    What is the current Stock Price of Autoline Industries Ltd as on 21 November 2024?

    The current stock price of Autoline Industries Ltd as on 21 November 2024 is ₹103.

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

    In FY 2024, the High / Low of Autoline Industries Ltd stocks is 165/92.0.

    What is the Stock P/E of Autoline Industries Ltd?

    The Stock P/E of Autoline Industries Ltd is 19.5.

    What is the Book Value of Autoline Industries Ltd?

    The Book Value of Autoline Industries Ltd is 37.3.

    What is the Dividend Yield of Autoline Industries Ltd?

    The Dividend Yield of Autoline Industries Ltd is 0.00 %.

    What is the ROCE of Autoline Industries Ltd?

    The ROCE of Autoline Industries Ltd is 11.2 %.

    What is the ROE of Autoline Industries Ltd?

    The ROE of Autoline Industries Ltd is 15.5 %.

    What is the Face Value of Autoline Industries Ltd?

    The Face Value of Autoline Industries Ltd is 10.0.

    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 Autoline 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