Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of GNA Axles Ltd

About the Company - GNA Axles Ltd

GNA Axles Ltd. is a Public Limited Listed company incorporated on 06/09/1993 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L29130PB1993PLC013684 and registration number is 013684. Currently company belongs to the Industry of Auto Ancl - Engine Parts. Company’s Total Operating Revenue is Rs. 1270.47 Cr. and Equity Capital is Rs. 21.47 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Auto Ancl - Engine PartsGNA House, Jalandhar Punjab 144001gjain@gnagroup.com
http://www.gnagroup.com
Management
NamePosition Held
Mr. Gursaran SinghExecutive Chairman
Mr. Jasvinder SinghExecutive Vice Chairman
Mr. Ranbir SinghManaging Director & CEO
Mr. Maninder SinghWhole Time Director
Mr. Harwinder SinghWhole Time Director
Mr. Kulwin SeehraWhole Time Director
Mr. Gurdeep SinghDirector
Air V M'shal (Retd.) S S HothiIndependent Director
Mrs. Pooja UppalIndependent Director
Mr. Rajan WadheraIndependent Director
Mr. Jasminder Singh JohalIndependent Director
Mr. Ajit SinghIndependent Director
Lt. Gen. (Retd.) Praveen BakshiIndependent Director
Mr. Ashwani Kumar MalhotraIndependent Director

GNA Axles Ltd. Share Price Update

Share PriceValue
Today₹415.00
Previous Day₹400.00

Basic Stock Data of GNA Axles Ltd

Market Cap 1,816 Cr.
Current Price 423
High / Low583/366
Stock P/E15.5
Book Value 181
Dividend Yield1.37 %
ROCE21.4 %
ROE19.9 %
Face Value 10.0

Data Source: screener.in

GNA Axles Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales222276310329340301300375420404384374404
Expenses180228262274291263261325360341324315349
Operating Profit42484854483840516063595955
OPM %19%17%16%17%14%13%13%13%14%16%15%16%14%
Other Income0010000000011
Interest2213332333233
Depreciation10101012131313121312121215
Profit before tax29363740332325364548454537
Tax %22%26%26%26%26%28%26%26%25%26%25%26%26%
Net Profit23272829251718273336343328
EPS in Rs5.356.216.446.875.713.894.236.317.788.347.937.736.44

GNA Axles Ltd Quarterly Chart

GNA Axles Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3993494034305095136709289098901,2701,5831,566
Expenses3473053533704264335677837847461,0901,3501,330
Operating Profit524451608280103145124144181233236
OPM %13%13%13%14%16%16%15%16%14%16%14%15%15%
Other Income0001033012112
Interest12131517161378149111111
Depreciation12141723272425354241504952
Profit before tax281818213947741037096121175176
Tax %39%73%28%-4%34%37%31%36%24%27%26%25%
Net Profit175132226305166537189130131
EPS in Rs5.591.594.387.138.576.9011.8615.3512.3016.4420.7030.3630.44
Dividend Payout %0%0%0%0%0%0%8%9%0%15%12%10%

GNA Axles Ltd Profit & Loss Yearly Chart

GNA Axles Ltd Growth

Compounded Sales Growth
10 Years:16%
5 Years:19%
3 Years:20%
TTM:1%
Compounded Profit Growth
10 Years:39%
5 Years:21%
3 Years:35%
TTM:3%
Stock Price CAGR
10 Years:%
5 Years:24%
3 Years:28%
1 Year:-7%
Return on Equity
10 Years:16%
5 Years:16%
3 Years:17%
Last Year:20%

GNA Axles Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital15151515152121212121212143
Reserves59637698123275320380425496574693733
Borrowings85111134153139117142170194197222203198
Other Liabilities109128157160170163199211180245225252329
Total Liabilities2673183824264475776827828219601,0421,1711,303
Fixed Assets88108145159147132191229244295291306329
CWIP729240030166100126
Investments0000000000000
Other Assets172181213267299443492538515665751853967
Total Assets2673183824264475776827828219601,0421,1711,303

GNA Axles Ltd Reserves and Borrowings Chart

GNA Axles Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 2840362774-9060721193341105
Cash from Investing Activity -23-54-61-14-16-8-78-88-123-28-46-66
Cash from Financing Activity -51524-13-589819164-54-39
Net Cash Flow-11-1-0-0-00-0-00-00

GNA Axles Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days7891101103116130128123119180136129
Inventory Days72838212010512613296901008265
Days Payable1271691631941771741571131021498878
Cash Conversion Cycle23419304482103107106130130116
Working Capital Days58646510767103121109106146135121
ROCE %27%17%16%15%20%17%18%21%14%15%17%21%

GNA Axles Ltd Financial Efficiency Indicators Chart

GNA Axles Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters67.51%67.51%67.52%67.52%67.52%67.88%67.94%67.96%68.08%68.09%68.15%68.15%
FIIs1.13%1.48%2.03%1.54%0.94%0.60%0.45%0.18%0.02%2.17%1.05%1.12%
DIIs12.45%11.10%10.14%9.04%8.34%8.77%9.78%10.63%11.19%11.91%11.32%10.83%
Public18.91%19.91%20.32%21.91%23.19%22.75%21.82%21.22%20.69%17.83%19.48%19.90%
No. of Shareholders20,80224,16527,47040,16346,93140,39538,62738,60535,95231,47836,17045,728

GNA Axles Ltd Shareholding Pattern Chart

No. of GNA Axles Ltd Shareholders

GNA Axles Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
HDFC Small Cap Fund - Regular Plan32021020.54125.47

GNA Axles Ltd ROCE Trend

GNA Axles Ltd EPS Trend

GNA Axles Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
BasicEPS60.6641.3532.9024.5630.68
DilutedEPS60.6641.3532.9024.5630.68
CashEPS83.2664.5151.8744.3046.85
BVPerShareExclRevalReserve332.88277.29241.12208.15187.11
BVPerShareInclRevalReserve332.88277.29241.12208.15187.11
OperatingRevenuePerShare737.43591.87414.43423.48432.45
PBDITPerShare109.0684.5567.7058.5967.76
PBITPerShare86.4661.4048.7338.8651.58
PBTPerShare81.3556.1644.7532.5247.81
NPPerShare60.6641.3532.9024.5630.67
NPAfterMIPerShare60.6641.3532.9024.5630.67
PBDITMargin14.7814.2816.3313.8315.66
PBITMargin11.7210.3711.759.1711.92
PBTMargin11.039.4810.797.6811.05
NPMargin8.226.987.935.807.09
NPAfterMIMargin8.226.987.935.807.09
RONW18.2214.9113.6411.8016.39
ROCE24.9220.5117.5915.0823.14
Return On Assets (%)11.128.517.366.428.41
LongTermDebtEquity0.040.070.140.230.18
DebtEquity0.260.340.330.360.37
AssetTurnover1.431.270.991.131.27
Current Ratio (X)1.931.791.761.851.66
Quick Ratio (X)1.481.321.351.311.13
InventoryTurnoverRatio5.615.103.563.843.91
DividendPayoutNP8.2412.09-0.1913.497.86
DividendPayoutCP6.007.75-0.127.485.14
EarningRetention91.7687.910.0086.5192.14
CashEarningRetention94.0092.250.0092.5294.86
InterestCoverage21.3416.1617.009.2517.94
InterestCoveragePostTax12.878.909.264.889.12
EnterpriseValue1850.561247.95882.55442.03857.62
EVPerNetSales1.170.980.990.480.92
EVPerEBITDA7.906.886.073.515.90
MarketCapPerSales1.070.820.820.330.76
RetentionRatios91.7587.900.0086.5092.13
PriceToBV2.371.761.410.671.76
PriceToSales1.070.820.820.330.76
EarningsYield0.070.080.090.170.09

GNA Axles Ltd Profitability Ratios (%)

GNA Axles Ltd Liquidity Ratios

GNA Axles Ltd Liquidity Ratios (%)

GNA Axles Ltd Interest Coverage Ratios (%)

GNA Axles Ltd Valuation Ratios

Fair Value of GNA Axles Ltd Stock

Fair Value: ₹565.94

The stock is undervalued by 33.79% compared to the current price ₹423

*Investments are subject to market risks

Strength and Weakness of GNA Axles Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 18.17%, which is a positive sign.
  2. The company has higher reserves (331.92 cr) compared to borrowings (158.85 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (461.77 cr) and profit (75.85 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 57.41 and average Dividend Yield of 10.99%.
  2. The stock has a high average Working Capital Days of 100.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 74.50, which may not be favorable.

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 GNA Axles 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