Igarashi Motors India Ltd.

NSE: IGARASHI BSE: 517380 SECTOR: Electric Equipment  43k   55   8

496.20
+34.70 (7.52%)
NSE: Today, 03:58 PM

Price Summary

Today's High

₹ 506

Today's Low

₹ 461

52 Week High

₹ 488

52 Week Low

₹ 249.5

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

1561.79 Cr.

Enterprise Value

1634.94 Cr.

No. of Shares

3.15 Cr.

P/E

298.22

P/B

3.55

Face Value

₹ 10

Div. Yield

2.02 %

Book Value (TTM)

₹  139.64

CASH

6.63 Cr.

DEBT

79.78 Cr.

Promoter Holding

75 %

EPS (TTM)

₹  1.66

Sales Growth

4.42%

ROE

0.27 %

ROCE

1.82%

Profit Growth

-95.36 %

* 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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Brands

These are the brands of Igarashi Motors India Ltd.

DC MOTORS

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 Year4.42%
3 Year-2.81%
5 Year1.5%

Profit Growth

1 Year-95.36%
3 Year-72.53%
5 Year-56.38%

ROE%

1 Year0.27%
3 Year4.5%
5 Year10.49%

ROCE %

1 Year1.82%
3 Year6.01%
5 Year14%

Debt/Equity

0.182

Price to Cash Flow

21.46

Interest Cover Ratio

1.32079734956126

CFO/PAT (5 Yr. Avg.)

2.206602366093

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 75 0
Dec 2022 75 0
Sep 2022 75 0
Jun 2022 75 0
Mar 2022 75 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 52.5408469717749 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.206602366093.
  • The company has a high promoter holding of 75%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 15.7367335006882.

 Limitations

  • The company has shown a poor profit growth of -72.5311307037851% for the Past 3 years.
  • The company has shown a poor revenue growth of -2.81457863386343% for the Past 3 years.
  • Company has a poor ROE of 4.50440793054386% over the past 3 years.
  • The company is trading at a high PE of 298.22.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 137.82 142.61 173.73 166.98 172.93
Total Expenditure 129.71 134.77 158.38 151.66 151.05
Operating Profit 8.11 7.84 15.35 15.32 21.88
Other Income 0.46 0.31 0.59 3.8 3.33
Interest 1.66 2.5 3.11 3.35 3.18
Depreciation 11.11 11.26 12.07 11.88 11.94
Exceptional Items 0 0 0 0 0
Profit Before Tax -4.2 -5.62 0.76 3.88 10.08
Tax -0.92 -1.42 0.29 2.54 2.45
Profit After Tax -3.28 -4.2 0.47 1.34 7.63
Adjusted EPS (Rs) -1.04 -1.34 0.15 0.43 2.42

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 671.2 606.16 534.39 532.86 556.4
Total Expenditure 513.17 489.62 456.06 458.4 509.34
Operating Profit 158.04 116.54 78.34 74.46 47.07
Other Income 33.85 25.04 11.67 9.54 6.93
Interest 13.11 15.73 15.02 6.87 7.21
Depreciation 37.91 39.93 42.54 44.68 44.47
Exceptional Items 0 0 0 0 0
Profit Before Tax 140.86 85.93 32.46 32.45 2.31
Tax 45.6 28.51 2.55 6.83 1.12
Net Profit 95.26 57.41 29.91 25.62 1.19
Adjusted EPS (Rs.) 31.12 18.24 9.5 8.14 0.38

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 30.61 31.48 31.48 31.48 31.48
Total Reserves 368.16 398.11 391.38 407.84 406.81
Borrowings 43.22 40.51 28.29 19.15 20.09
Other N/C liabilities 16.42 20.45 24.4 20.71 36.92
Current liabilities 346.29 179.76 197.47 220.59 181.33
Total Liabilities 804.71 670.3 673.02 699.77 676.63
Assets
Net Block 319.83 382.51 393.77 369.57 378.2
Capital WIP 41.64 19.03 5.18 5.93 10.42
Intangible WIP 2.16 4.01 6.15 3.58 0.11
Investments 35.07 21.59 7.3 0.56 0.63
Loans & Advances 9.59 6.02 10.49 7.57 10.56
Other N/C Assets 1.76 3.16 0.15 0.11 2.39
Current Assets 394.65 233.97 249.98 312.45 274.31
Total Assets 804.71 670.3 673.02 699.77 676.63
* 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 140.86 85.93 32.46 32.45 2.31
Adjustment 41 59.06 60.74 49.06 48.84
Changes in Assets & Liabilities -46.12 43.69 8.83 -40.99 28.42
Tax Paid -41.38 -24.73 -11.72 0.13 -6.81
Operating Cash Flow 94.36 163.95 90.32 40.65 72.77
Investing Cash Flow -68.81 -104.1 -40.63 5.95 -54.58
Financing Cash Flow -26.97 -59.47 -49.42 -37.84 -23.71
Net Cash Flow -1.41 0.37 0.27 8.76 -5.52

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 75.00 75.00 75.00 75.00 75.00
agile electric sub... 42.83 - - - -
agile electric sub... - 42.83 42.83 - 41.92
agile electric sub... - - - 41.92 -
mukund p 21.15 21.15 21.15 21.75 21.75
igarashi electric ... 3.07 - - - -
igarashi electric ... - - - 3.16 -
igarashi electric ... - 3.07 3.07 - 3.16
m s igarashi elect... - 7.94 7.94 - 8.17
m s igarashi elect... - - - 8.17 -
igarashi electric ... 7.94 - - - -
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 25.00 25.00 25.00 25.00 25.00
uti - ccf -investm... 5.20 5.10 5.20 - -
uti - ccp advantag... - - - 2.93 3.54
pinebridge investm... - 3.42 2.80 - 3.13
pinebridge investm... 2.47 - - 3.13 -
dsp blackrock micr... - - - 2.67 -
tata aia life insu... - 2.28 2.05 - 1.31
tata aia life insu... 1.44 - - - -
ginni finance pvt ... - - - - -
dsp blackrock smal... - - - - 1.27
dsp small cap fund - 1.34 1.07 - -
idfc sterling valu... 1.17 1.11 1.10 - -
tata aia life insu... - - - 1.05 -
indus india fund (... 1.03 1.04 1.04 - -
idfc tax advantage... - - - - 1.01
investor education... - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Igarashi Motors - Quaterly Results25 May 2023, 3:34PM Igarashi Motors - Quaterly Results25 May 2023, 3:34PM Igarashi Motors - Quaterly Results25 May 2023, 3:34PM Igarashi Motors India informs about loss of share certificate 27 Feb 2023, 5:04PM Igarashi Motors India informs about loss of share certificate27 Feb 2023, 4:58PM Igarashi Motors - Quaterly Results13 Feb 2023, 2:38PM Igarashi Motors - Quaterly Results13 Feb 2023, 2:38PM Igarashi Motors - Quaterly Results13 Feb 2023, 2:38PM Igarashi Motors India informs about disclosure27 Jan 2023, 5:26PM Igarashi Motors - Quaterly Results9 Nov 2022, 2:37PM Igarashi Motors - Quaterly Results9 Nov 2022, 2:37PM Igarashi Motors - Quaterly Results9 Nov 2022, 2:37PM Igarashi Motors India informs about AGM proceedings11 Aug 2022, 4:21PM Igarashi Motors - Quaterly Results10 Aug 2022, 2:39PM Igarashi Motors - Quaterly Results10 Aug 2022, 2:39PM lgarashi Motors India informs about secretarial compliance report 27 May 2022, 2:43PM Igarashi Motors - Quaterly Results23 May 2022, 4:15PM Igarashi Motors - Quaterly Results23 May 2022, 4:15PM Igarashi Motors - Quaterly Results23 May 2022, 4:15PM lgarashi Motors India informs about board meeting12 May 2022, 4:51PM Igarashi Motors - Quaterly Results9 Feb 2022, 4:10PM Igarashi Motors - Quaterly Results9 Feb 2022, 4:10PM Igarashi Motors - Quaterly Results9 Feb 2022, 4:10PM lgarashi Motors India informs about certificate6 Jan 2022, 12:32PM Igarashi Motors India informs about transfer of shares to IEPF authority18 Oct 2021, 1:41PM Igarashi Motors India informs about book closure8 Jul 2021, 3:31PM Igarashi Motors India informs about disclosure 21 Jun 2021, 2:47PM Igarashi Motors India informs about loss of share certificate 10 May 2021, 5:26PM Igarashi Motors enters into SPA for sale of stake in BEDIPL11 Mar 2021, 10:29AM Post Session: Quick Review31 Aug 2020, 4:05PM Igarashi Motors India informs about suspension of operations17 Jun 2020, 4:14PM Igarashi Motors India informs about resignation of chairman4 Jun 2020, 3:54PM

Igarashi Motors Stock Price Analysis and Quick Research Report. Is Igarashi Motors 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). Igarashi Motors has a PE ratio of 298.215036961356 which is high and comparatively overvalued .

  • 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. Igarashi Motors has ROA of 0.172914837771372 % 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. Igarashi Motors has a Current ratio of 1.51274052195166 .

  • 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. Igarashi Motors has a ROE of 0.273093528911138 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Igarashi Motors has a D/E ratio of 0.182 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. Igarashi Motors has an Inventory turnover ratio of 6.07678374353651 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Igarashi Motors has reported revenue growth of 4.41843596963936 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Igarashi Motors for the current financial year is 8.45907816002958 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Igarashi Motors is Rs 0 and the yield is 2.0243 %.

 

Brief about Igarashi Motors

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