Amara Raja Batteries Ltd.

NSE: AMARAJABAT BSE: 500008 SECTOR: Batteries  277k   3k   698

610.80
+6.45 (1.07%)
NSE: Today, 10:14 AM

Price Summary

Today's High

₹ 611.85

Today's Low

₹ 601.3

52 Week High

₹ 668.15

52 Week Low

₹ 438.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

10433.23 Cr.

Enterprise Value

10403.05 Cr.

No. of Shares

17.08 Cr.

P/E

15.02

P/B

1.97

Face Value

₹ 1

Div. Yield

1.01 %

Book Value (TTM)

₹  310.16

CASH

53.57 Cr.

DEBT

23.39 Cr.

Promoter Holding

28.06 %

EPS (TTM)

₹  40.65

Sales Growth

21.63%

ROE

11.67 %

ROCE

15.99%

Profit Growth

-20.96 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

These are the brands of Amara Raja Batteries Ltd.

AMARON AMARON QUANTA POWERZONE GENPRO AMARON VOLT AMARON BRUTE AMARON SLEEK POWERSTACK AMARON solar

Index Presence

The company is present in 20 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year21.63%
3 Year8.58%
5 Year10.34%

Profit Growth

1 Year-20.96%
3 Year1.88%
5 Year1.33%

ROE%

1 Year11.67%
3 Year15.67%
5 Year15.9%

ROCE %

1 Year15.99%
3 Year20.76%
5 Year22.14%

Debt/Equity

0.0051

Price to Cash Flow

16.48

Interest Cover Ratio

46.682119205298

CFO/PAT (5 Yr. Avg.)

1.25280402640526

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 28.06 0
Dec 2022 28.06 0
Sep 2022 28.06 0
Jun 2022 28.06 0
Mar 2022 28.06 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 10.95 Cr.
  • Company has been maintaining healthy ROCE of 20.7555319643534% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 46.682119205298.
  • The company has an efficient Cash Conversion Cycle of 54.902192520524 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.25280402640526.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 7.611109592613.

 Limitations

  • The company has shown a poor profit growth of 1.87835916216517% for the Past 3 years.
  • The company has shown a poor revenue growth of 8.57936516163045% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 2180.7 2620 2699.46 2637.24 2429.21
Total Expenditure 1960.83 2359.11 2339.26 2240.38 2091.96
Operating Profit 219.87 260.89 360.2 396.86 337.25
Other Income 15.97 16.99 23.67 26.07 22.6
Interest 4.62 4.58 5.43 5.84 6.23
Depreciation 98.73 96.34 101.92 114.52 114.45
Exceptional Items 0 0 0 0 -47.65
Profit Before Tax 132.49 176.96 276.52 302.57 191.52
Tax 33.95 45.51 74.35 79.76 53.54
Profit After Tax 98.54 131.45 202.17 222.81 137.98
Adjusted EPS (Rs) 5.77 7.7 11.84 13.05 8.08

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 6059.15 6793.11 6839.46 7149.68 8695.82
Total Expenditure 5175.97 5842.32 5741.19 6035.04 7674.74
Operating Profit 883.18 950.79 1098.27 1114.64 1021.08
Other Income 66.42 47.73 55.34 88.38 79.54
Interest 5.06 6.95 12.19 10.53 15.1
Depreciation 230.34 261.2 300.74 319.16 395.72
Exceptional Items 0 0 0 0 0
Profit Before Tax 714.2 730.37 840.68 873.33 689.8
Tax 242.88 246.88 179.86 226.52 178.55
Net Profit 471.32 483.49 660.82 646.81 511.25
Adjusted EPS (Rs.) 27.59 28.31 38.69 37.87 29.93

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 17.08 17.08 17.08 17.08 17.08
Total Reserves 2920.31 3318.24 3638.53 4193.18 4534.31
Borrowings 58.43 46.8 34.34 23.39 16.52
Other N/C liabilities 179.75 211.35 208.68 233.98 280.6
Current liabilities 992.98 902.47 1101.96 1329.45 1527.34
Total Liabilities 4168.55 4495.94 5000.59 5797.08 6375.85
Assets
Net Block 1703.25 1812.76 1829.22 2454.76 2492.3
Capital WIP 226.38 233.88 732.58 397.56 829.32
Intangible WIP 0 80.86 94.44 1.72 0.33
Investments 19.81 20.16 13.92 7.12 43.05
Loans & Advances 65.88 142.69 107.17 113.76 185.66
Other N/C Assets 0.93 1.52 0.36 1.29 1.17
Current Assets 2152.3 2204.07 2222.9 2820.87 2824.02
Total Assets 4168.55 4495.94 5000.59 5797.08 6375.85
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 714.2 730.37 840.68 873.33 689.8
Adjustment 196.71 236.96 283.36 258.32 383.09
Changes in Assets & Liabilities -344.97 -184.31 289.24 -130.1 -240.6
Tax Paid -244.28 -241.68 -236.37 -199.52 -199.34
Operating Cash Flow 321.66 541.34 1176.91 802.03 632.95
Investing Cash Flow -235.51 -448.3 -830.67 -616.4 -481.89
Financing Cash Flow -138.16 -91.62 -363.79 -121.5 -213.48
Net Cash Flow -52.01 1.42 -17.55 64.13 -62.42

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 28.06 28.06 28.06 28.06 28.06
rngalla family pri... 24.24 24.24 24.24 24.24 24.24
johnson controls (... 26.00 26.00 - - -
johnson controls (... - - 26.00 26.00 2.00
mangal industries ... 1.82 1.82 1.82 1.82 1.82
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 71.94 71.94 71.94 71.94 71.94
panther arbl holdi... - - - - 24.00
clarios arbl holdi... - - - - -
clarios arbl holdi... - - - - -
clarios arbl holdi... - - - - -
nalanda india equi... 6.17 6.24 6.92 7.81 7.99
life insurance cor... - - - - -
icici mutual fund ... 2.33 2.05 2.15 2.74 3.97
uti mutual fund- a... - - 1.56 1.59 2.06
franklin templeton... - - - - -
reliance capital m... - - - - -
icici prudential m... - - - - -
franklin templeton... 1.61 1.38 - - -
smallcap world fun... 1.83 1.83 1.94 - -
reliance capital m... 1.21 - - - -
uti mutual fund - ... 1.23 1.41 - - -
kotak emerging equ... - - - - -
vanguard emerging ... - - - - -
icici prudential l... - - - - 1.08
vanguard emerging ... - - - - -
kotak mutual fund ... - - - 1.02 -
iepf 0.43 0.43 0.44 0.44 0.44
investor education... - - - - -
investor education... - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Amara Raja Batteries submits investor presentation24 May 2023, 12:51PM Amara Raja Batteries reports 41% rise in Q4 consolidated net profit24 May 2023, 12:47PM Amara Raja Batteries gets nod for secondary acquisition in Amara Raja Power Systems24 May 2023, 9:41AM Amara Raja Batteries - Quaterly Results23 May 2023, 7:49PM Amara Raja Batteries - Quaterly Results23 May 2023, 7:49PM Amara Raja Batteries informs about investor call23 May 2023, 12:35PM Amara Raja Batteries reports 53% rise in Q3 consolidated net profit27 Jan 2023, 12:59PM Amara Raja Batteries gets nod to sell new energy business to ARACT27 Jan 2023, 11:00AM Amara Raja Batteries - Quaterly Results25 Jan 2023, 4:59PM Amara Raja Batteries - Quaterly Results25 Jan 2023, 4:59PM Amara Raja Batteries - Quaterly Results25 Jan 2023, 4:59PM Amara Raja Batteries informs about press release2 Dec 2022, 4:49PM Amara Raja Batteries inks MoU with Govt of Telangana to setup Lithium-ion Battery Gigafactory2 Dec 2022, 2:59PM Amara Raja Batteries reports 39% rise in Q2 consolidated net profit4 Nov 2022, 11:25AM Amara Raja Batteries gets nod to incorporate Wholly-Owned Subsidiary 4 Nov 2022, 11:08AM Amara Raja Batteries - Quaterly Results3 Nov 2022, 6:19PM Amara Raja Batteries - Quaterly Results3 Nov 2022, 6:19PM Amara Raja Batteries informs about audio recording27 Sep 2022, 9:39AM Amara Raja Batteries completes investment in Log 9 Materials Scientific 30 Aug 2022, 5:29PM Amara Raja Batteries to invest Rs 77 crore in Log 925 Aug 2022, 9:20AM Amara Raja Batteries reports 6% rise in Q1 consolidated net profit8 Aug 2022, 12:00PM Amara Raja Batteries - Quaterly Results6 Aug 2022, 1:18PM Amara Raja Batteries - Quaterly Results6 Aug 2022, 1:18PM Amara Raja Batteries - Quaterly Results6 Aug 2022, 1:18PM Amara Raja Group’s arm bags contract from NTPC to set up green hydrogen fuelling station 14 Jun 2022, 10:12AM Amara Raja Batteries gets nod to incorporate wholly-owned subsidiary23 May 2022, 11:42AM Amara Raja Batteries - Quaterly Results20 May 2022, 8:10PM Amara Raja Batteries - Quaterly Results20 May 2022, 8:10PM Amara Raja Batteries informs about newspaper publication5 Mar 2022, 3:37PM Amara Raja Batteries reports 25% fall in Q3 consolidated net profit11 Feb 2022, 12:24PM Amara Raja Batteries - Quaterly Results10 Feb 2022, 3:22PM Amara Raja Batteries - Quaterly Results10 Feb 2022, 3:22PM Amara Raja Batteries - Quaterly Results10 Feb 2022, 3:22PM Amara Raja Batteries informs about loss of share certificates9 Feb 2022, 4:57PM Amara Raja Batteries informs about compliances-certificate11 Jan 2022, 4:34PM Amara Raja Batteries informs about press release29 Dec 2021, 9:41AM Amara Raja Batteries planning to invest in InoBat Auto29 Dec 2021, 9:24AM Amara Raja Batteries informs about updates8 Dec 2021, 12:11PM Amara Raja Batteries completes acquisition of 11.36% stake in Log 9 Materials Scientific31 Aug 2021, 4:22PM Amara Raja Batteries reports 99% rise in Q1 consolidated net profit16 Aug 2021, 11:35AM Amara Raja Batteries informs about outcome of AGM16 Aug 2021, 10:03AM Amara Raja Batteries planning to invest $1 billion in 5-7 years towards capex9 Aug 2021, 4:57PM Amara Raja Batteries informs about disclosure9 Aug 2021, 11:49AM Amara Raja Batteries to invest Rs 36.99 crore in Log 9 Materials Scientific9 Aug 2021, 10:40AM Amara Raja Batteries informs about notice of AGM and annual report20 Jul 2021, 4:20PM Amara Raja Batteries informs about disclosure of related party transactions21 Jun 2021, 11:02AM Amara Raja Batteries gets nod to invest in green technologies14 Jun 2021, 2:27PM Amara Raja Batteries informs about press release14 Jun 2021, 9:57AM Amara Raja Batteries informs about newspaper advertisement24 May 2021, 12:17PM Amara Raja Batteries resumes operations at Nunegundlapalli, Karkambadi plants 10 May 2021, 10:25AM

Amara Raja Batteries Stock Price Analysis and Quick Research Report. Is Amara Raja Batteries an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Amara Raja Batteries has a PE ratio of 14.8659518415479 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Amara Raja Batteries has ROA of 8.39978542553025 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Amara Raja Batteries has a Current ratio of 1.84897927115115 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Amara Raja Batteries has a ROE of 11.670176279582 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Amara Raja Batteries has a D/E ratio of 0.0051 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Amara Raja Batteries has an Inventory turnover ratio of 5.36444562340763 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Amara Raja Batteries has reported revenue growth of 21.6253035100872 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Amara Raja Batteries for the current financial year is 11.7421933756678 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Amara Raja Batteries is 4.5 and the yield is 1.0044 %.

Brief about Amara Raja Batteries

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