Auto.Axle

Automotive Axles Ltd.

NSE: AUTOAXLES BSE: 505010 SECTOR: Auto Ancillary  24k   100   13

2184.00
-10.15 (-0.46%)
NSE: 09 Jun 03:59 PM

Price Summary

Today's High

₹ 2220

Today's Low

₹ 2164.25

52 Week High

₹ 2693.2

52 Week Low

₹ 1485.45

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 3300.46 Cr.

Enterprise Value

₹ 3234.53 Cr.

No. of Shares

1.51 Cr.

P/E

20.37

P/B

4.35

Face Value

₹ 10

Div. Yield

1.46 %

Book Value (TTM)

₹  502.46

CASH

₹ 80.51 Cr.

DEBT

₹ 14.58 Cr.

Promoter Holding

71.04 %

EPS (TTM)

₹  107.22

Sales Growth

64.6%

ROE

12.66 %

ROCE

16.97%

Profit Growth

227.14 %

Add Your Ratio

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

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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.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* 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 Year64.6%
3 Year-8.39%
5 Year4.92%

Profit Growth

1 Year227.14%
3 Year-14.44%
5 Year8.51%

ROE%

1 Year12.66%
3 Year8.18%
5 Year13.75%

ROCE %

1 Year16.97%
3 Year11.14%
5 Year19.8%

Debt/Equity

0.0235

Price to Cash Flow

76.25

Interest Cover Ratio

41.5553303607621

CFO/PAT (5 Yr. Avg.)

1.31649558690871

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 71.04 0
Dec 2022 71.04 0
Sep 2022 71.04 0
Jun 2022 71.04 0
Mar 2022 71.04 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 41.5553303607621.
  • Company’s PEG ratio is 0.0896797460191348.
  • The company has an efficient Cash Conversion Cycle of 21.9276284180427 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.31649558690871.
  • The company has a high promoter holding of 71.04%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.68519779094456.

 Limitations

  • The company has shown a poor profit growth of -14.4355138389136% for the Past 3 years.
  • The company has shown a poor revenue growth of -8.39346025393983% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 552.28 500.2 474.72 655.78 693.01
Total Expenditure 490.23 448.67 424.27 578.01 615.28
Operating Profit 62.05 51.52 50.45 77.77 77.73
Other Income 0.44 1.09 1.19 1.35 1.29
Interest 0.63 0.75 0.75 0.81 0.62
Depreciation 10.32 10.29 10.34 10.37 10.37
Exceptional Items 0 0 0 0 0
Profit Before Tax 51.55 41.58 40.55 67.94 68.03
Tax 12.71 11.17 10.42 17.26 17.22
Profit After Tax 38.84 30.4 30.13 50.68 50.81
Adjusted EPS (Rs) 25.7 20.12 19.94 33.54 33.62

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 1519.37 1939.04 951.96 905.57 1490.62
Total Expenditure 1354.21 1712.81 858.67 839.74 1355.94
Operating Profit 165.16 226.24 93.28 65.83 134.68
Other Income 4.52 2.96 7.72 7.07 4.26
Interest 0.55 0.55 1.81 2.97 2.47
Depreciation 42.95 46.19 37.22 36 36.42
Exceptional Items 0 0 -2.02 -3.77 0
Profit Before Tax 126.18 182.46 59.95 30.17 100.05
Tax 43.89 63.76 18.82 7.44 25.69
Net Profit 82.3 118.7 41.13 22.73 74.36
Adjusted EPS (Rs.) 54.46 78.55 27.22 15.04 49.2

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 15.11 15.11 15.11 15.11 15.11
Total Reserves 429.22 523.33 516.83 538.94 605.95
Borrowings 0 65.9 18.75 14.58 10.42
Other N/C liabilities -0.64 -7.12 9.4 6.11 8.59
Current liabilities 284.62 321.25 158.36 364.86 397.18
Total Liabilities 728.32 918.47 718.45 939.61 1037.25
Assets
Net Block 117.62 108.85 255.37 245.28 258.73
Capital WIP 16.71 115.5 24.06 32.36 3.27
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 11.31 41.05 18.42 14.12 8.51
Other N/C Assets 9.6 9.4 11.17 11.28 11.95
Current Assets 573.08 643.68 409.43 636.57 754.78
Total Assets 728.32 918.47 718.45 939.61 1037.25
* 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 127.82 185.31 59.95 30.17 100.05
Adjustment 46.15 58.88 38.49 40.61 40
Changes in Assets & Liabilities -71.99 -68.92 114.05 -12.59 -73.89
Tax Paid -50.78 -69.66 -14.69 -9.49 -22.87
Operating Cash Flow 51.19 105.61 197.8 48.69 43.29
Investing Cash Flow -27.2 -157.11 -58.91 -39.76 -26.54
Financing Cash Flow -14.6 47.02 -104.89 -10.07 -15.15
Net Cash Flow 9.39 -4.48 33.99 -1.13 1.6

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 71.04 71.04 71.04 71.04 71.04
bf investment limi... 35.52 35.52 35.52 35.52 35.52
meritor heavy vehi... 35.52 35.52 35.52 35.52 35.52
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 28.96 28.96 28.96 28.96 28.96
nippon life india ... - - - - -
nippon life india ... 8.54 8.54 - 8.54 8.51
nippon life india ... - - 8.54 - -
bajaj allianz life... - - - - -
sbi contra fund 2.18 1.54 1.32 1.32 1.32
sbi infrastructure... - - - - -
idfc emerging busi... 1.59 1.73 - 1.97 1.88
idfc multi cap fund - - 1.83 - -
siddharth iyer 1.04 1.04 - - -
iepf 0.23 0.25 - - -
investor education... - - 0.25 0.25 0.25

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Automotive Axles informs about details of loss of certificate 7 Jun 2023, 4:42PM Automotive Axles informs about transcript of analyst meet22 May 2023, 12:16PM Automotive Axles informs about investor presentation18 May 2023, 2:40PM Auto.Axle - Quaterly Results16 May 2023, 6:27PM Auto.Axle - Quaterly Results16 May 2023, 6:27PM Automotive Axles informs about details of loss of certificate6 May 2023, 11:35AM Automotive Axles to invest in equity shares of Torrent Saurya Urja 313 Apr 2023, 2:30PM Automotive Axles informs about details of loss of certificate21 Mar 2023, 2:57PM Automotive Axles informs about details of loss of certificate 23 Feb 2023, 5:00PM Automotive Axles informs about outcome of board meeting 31 Jan 2023, 3:03PM Auto.Axle - Quaterly Results31 Jan 2023, 2:13PM Auto.Axle - Quaterly Results31 Jan 2023, 2:13PM Auto.Axle - Quaterly Results31 Jan 2023, 2:13PM Automotive Axles informs about confirmation certificate 7 Jan 2023, 12:14PM Automotive Axles informs about loss of share certificate29 Dec 2022, 4:16PM Automotive Axles informs about updates on open offer21 Dec 2022, 3:24PM Automotive Axles informs about newspaper advertisement17 Dec 2022, 3:36PM Automotive Axles informs about open offer16 Dec 2022, 5:17PM Automotive Axles informs about loss of share certificate22 Nov 2022, 10:12AM Automotive Axles informs about disclosure of related party transactions19 Nov 2022, 3:11PM Auto.Axle - Quaterly Results7 Nov 2022, 1:12PM Auto.Axle - Quaterly Results7 Nov 2022, 1:12PM Auto.Axle - Quaterly Results7 Nov 2022, 1:12PM Automotive Axles informs about board meeting intimation 29 Oct 2022, 3:27PM Automotive Axles informs about loss of share certificate25 Oct 2022, 4:59PM Automotive Axles informs about issuance of letter of confirmation22 Oct 2022, 2:27PM Automotive Axles informs about loss of share certificate19 Oct 2022, 9:58AM Automotive Axles informs about disclosure 14 Oct 2022, 3:19PM Automotive Axles informs about confirmation certificate 11 Oct 2022, 4:52PM Automotive Axles informs about details of loss of certificate6 Aug 2022, 2:14PM Auto.Axle - Quaterly Results5 Aug 2022, 2:21PM Auto.Axle - Quaterly Results5 Aug 2022, 2:21PM Auto.Axle - Quaterly Results5 Aug 2022, 2:21PM Automotive Axles informs about board meeting25 Jul 2022, 2:38PM Automotive Axles informs about newspaper publication15 Jul 2022, 4:22PM Automotive Axles informs about press release14 Jul 2022, 3:51PM Auto.Axle - Quaterly Results17 May 2022, 2:15PM Auto.Axle - Quaterly Results17 May 2022, 2:15PM Auto.Axle - Quaterly Results17 May 2022, 2:15PM Automotive Axles informs about details of loss of certificate 29 Apr 2022, 2:46PM Automotive Axles informs about letter of confirmation21 Apr 2022, 10:26AM Automotive Axles to acquire 26% stake in Parola Renewables8 Feb 2022, 10:10AM Automotive Axles informs about analyst meet5 Feb 2022, 12:44PM Auto.Axle - Quaterly Results4 Feb 2022, 5:23PM Auto.Axle - Quaterly Results4 Feb 2022, 5:23PM Automotive Axles planning to acquire stake in Suryaurja One21 Jan 2022, 10:34AM Automotive Axles informs about details of loss of share certificate 24 Nov 2021, 1:31PM Automotive Axles informs about statement of unaudited financial results8 Nov 2021, 4:20PM Auto.Axle - Quaterly Results8 Nov 2021, 2:46PM Automotive Axles informs about loss of share certificate18 Aug 2021, 9:47AM

Auto.Axle Stock Price Analysis and Quick Research Report. Is Auto.Axle an attractive stock to invest in?

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The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Auto.Axle is performing and if it is the right time to buy the stock of Auto.Axle with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Auto.Axle has reported outstanding sales growth of 64.604880440472 % and in the latest quarter sales was Rs 693.013 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 7.45667420361774 times for Auto.Axle . It is managing its inventory poorly .
     
  • The company reported Profit growth of 227.135943686758 % over the year, where the latest year profit is Rs 74.358 Cr compared to the previous year of Rs 22.73 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of the company in the latest quarter is Rs 77.73 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Auto.Axle has a average ROE of 12.6554314637874 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Auto.Axle has a low Debt to Equity ratio of 0.0235.
     
  • Auto.Axle pays a dividend of 15 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 1.4714 %.
     
  • The share of promoter in the company is high at 71.04 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Auto.Axle is 20.3695430563082 compared to the 5 year average PE of 32.2798903535558 .
Brief about Auto.Axle

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