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Akar Auto Industries share price

Akar Auto Industries Ltd.

BSE: 530621 SECTOR: Auto Ancillary  8051   10   1

109.65
+0.10 (0.09%)
BSE: 28 Mar 04:01 PM

Price Summary

Today's High

₹ 113.9

Today's Low

₹ 108

52 Week High

₹ 169.7

52 Week Low

₹ 65.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
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

118.29 Cr.

Enterprise Value

179.19 Cr.

No. of Shares

1.08 Cr.

P/E

16.14

P/B

2.68

Face Value

₹ 5

Div. Yield

0.46 %

Book Value (TTM)

₹  40.88

CASH

3.85 Cr.

DEBT

64.75 Cr.

Promoter Holding

73.06 %

EPS (TTM)

₹  6.79

Sales Growth

35.74%

ROE

19.1 %

ROCE

17.61%

Profit Growth

0.04 %

* 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.
* 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

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

 Group Companies

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Ratios

Sales Growth

1 Year35.74%
3 Year22.67%
5 Year8.68%

Profit Growth

1 Year0.04%
3 Year61.95%
5 Year16.53%

ROE%

1 Year19.1%
3 Year10.76%
5 Year7.9%

ROCE %

1 Year17.61%
3 Year12.77%
5 Year11.79%

Debt/Equity

1.6364

Price to Cash Flow

4.82

Interest Cover Ratio

1.82573622411887

CFO/PAT (5 Yr. Avg.)

4.75640927527359

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 73.06 3.62
Sep 2023 73.06 3.62
Jun 2023 73.06 3.62
Mar 2023 73.06 3.62
Dec 2022 73.06 3.62
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 61.9452036813583% for the Past 3 years.
  • The company has shown a good revenue growth of 22.6749454222167% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 54.6744361459601 days.
  • The company has a good cash flow management; CFO/PAT stands at 4.75640927527359.
  • The company has a high promoter holding of 73.06%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 94.4 101.68 89.77 95.76 93.66
Total Expenditure 88.55 94.88 84.62 90.19 87.2
Operating Profit 5.85 6.8 5.15 5.57 6.46
Other Income 0.06 0.05 0.05 0.06 0.04
Interest 2.64 3.29 2.22 2.47 2.78
Depreciation 1.01 1.05 0.95 0.9 1.07
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.26 2.51 2.03 2.26 2.65
Tax 0.65 -0.28 0.88 0.8 0.73
Profit After Tax 1.6 2.79 1.16 1.46 1.92
Adjusted EPS (Rs) 1.49 2.59 1.07 1.36 1.78

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 277.79 198.83 188.06 270.41 367.07
Total Expenditure 259.29 189.48 179.36 251.22 344.86
Operating Profit 18.5 9.35 8.7 19.19 22.21
Other Income 0.22 0.15 1.76 0.79 0.18
Interest 8.11 7.66 8.05 8.02 10.04
Depreciation 4.07 4.32 4.5 4.43 4.05
Exceptional Items -0.63 0 0 -0.2 0
Profit Before Tax 5.91 -2.49 -2.09 7.34 8.29
Tax 0.7 0.57 0.74 0.46 1.41
Net Profit 5.21 -3.06 -2.84 6.88 6.88
Adjusted EPS (Rs.) 4.83 -2.84 -2.63 6.37 6.38

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5.39 5.39 5.39 5.39 5.39
Total Reserves 26.97 23.17 20.21 27.09 34.18
Borrowings 23.98 21.74 28.12 25.17 20.12
Other N/C liabilities 6.41 7.26 8.25 7.26 6.98
Current liabilities 89.98 86.75 97.41 93.85 120.25
Total Liabilities 152.73 144.32 159.38 158.76 186.91
Assets
Net Block 38.77 43.38 42.13 37.65 41.15
Capital WIP 4.11 0 0 0.22 0.77
Intangible WIP 0 0 0 0 0
Investments 0.06 0.06 0.06 0.06 0.06
Loans & Advances 2.5 2.5 2.5 2.5 2.5
Other N/C Assets 0.01 0 0 0 0
Current Assets 107.29 98.38 114.69 118.32 142.43
Total Assets 152.73 144.32 159.38 158.76 186.91
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 5.91 -2.49 -2.09 7.34 8.29
Adjustment 11.96 11.84 10.79 11.85 13.91
Changes in Assets & Liabilities -9.15 6.56 -8.45 -2.25 4.4
Tax Paid -1.29 -1.47 0 -1.48 -2.04
Operating Cash Flow 7.43 14.44 0.25 15.47 24.56
Investing Cash Flow -8.34 -4.68 -1.49 0.42 -7.92
Financing Cash Flow 0.55 -9 0.7 -14.91 -15.86
Net Cash Flow -0.36 0.76 -0.54 0.97 0.78

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 73.06 73.06 73.06 73.06 73.06
akar alloys private limit... - - - 7.96 7.96
akar industries private l... 0.09 0.09 0.09 - 0.09
aurangabad forging privat... 2.33 2.33 2.33 2.33 2.33
gupta concast limited - - 1.85 1.85 1.85
lavanya finvest private l... 2.97 2.97 2.97 2.97 2.97
narendrakumar gupta - - 27.03 27.03 15.55
nitin narendrakumar gupta... 5.88 5.88 5.88 5.88 5.88
raghunandan lal gupta - - - - 11.48
sant eknath rolling mills... 0.26 0.26 - 0.26 0.26
shatrunji investment priv... - - 3.64 3.64 3.64
sushiladevi gupta - - 0.34 0.34 0.34
usha gupta 20.72 20.72 20.72 20.72 20.72
akar industries private l... - - - 0.09 -
akar auto industries limi... - - 7.96 - -
sant eknath rolling mills... - - 0.26 - -
akar alloys private ltd 7.96 7.96 - - -
gupta concast ltd 1.85 1.85 - - -
narendrakumar raghunandan... 15.55 15.55 - - -
r l gupta (huf) 11.48 11.48 - - -
shatrunji investments pri... 3.64 3.64 - - -
sushila devi gupta 0.34 0.34 - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 26.94 26.94 26.94 26.94 26.94
dr ramesh chimanlal shah - - 1.53 - 1.23
national stock exchange o... 1.01 1.01 - - 1.01
varun gupta 1.00 1.00 1.00 1.00 1.00
dr ramesh chimmanlal shah... - - - 1.30 -
investor education and pr... - - - 0.54 -
investor education and pr... 0.54 0.54 0.54 - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Akar Auto Industries informs about independent directors meet 6 Mar 2024, 12:19PM Akar Auto Industries informs about updates 4 Mar 2024, 11:12AM Akar Auto Industries - Quaterly Results13 Feb 2024, 3:27PM Akar Auto Industries - Quaterly Results13 Feb 2024, 3:27PM Akar Auto Industries - Quaterly Results13 Feb 2024, 3:27PM Akar Auto Industries informs about issue of duplicate share certificate12 Jan 2024, 3:23PM Akar Auto Industries informs about trading window closure29 Dec 2023, 3:14PM Akar Auto Industries informs about credit rating6 Dec 2023, 2:04PM Akar Auto Industries informs about closure of trading window30 Sep 2023, 1:12PM Akar Auto Industries informs about AGM22 Sep 2023, 4:57PM Akar Auto Industries submits annual report and AGM notice 31 Aug 2023, 3:52PM Akar Auto Industries informs about newspaper advertisement28 Aug 2023, 12:22PM Akar Auto Industries informs about newspaper advertisement17 Jun 2023, 2:11PM Akar Auto Industries informs about clarification 14 Jun 2023, 4:21PM Akar Auto Industries informs about issuance of duplicate share certificate17 May 2023, 4:30PM Akar Auto Industries informs about compliance certificate22 Apr 2023, 12:18PM Akar Auto Industries informs about compliance certificate21 Apr 2023, 4:41PM Akar Auto Industries informs about resignation of CS cum CO31 Mar 2023, 5:02PM Akar Auto Industries - Quaterly Results14 Feb 2023, 3:06PM Akar Auto Industries informs about compliance certificate19 Jan 2023, 3:15PM Akar Auto Industries informs about closure of trading window31 Mar 2022, 10:24AM Akar Auto Industries informs about confirmation certificate13 Jan 2022, 2:03PM Akar Auto Industries informs about board meeting 8 Nov 2021, 5:20PM Akar Auto Industries informs about issuance of duplicate share certificate21 Oct 2021, 12:28PM Akar Auto Industries informs about book closure 7 Sep 2021, 4:37PM Akar Auto Industries informs about AGM notice7 Sep 2021, 11:08AM Akar Auto Industries informs about audited financial results30 Jun 2021, 5:03PM Akar Auto Industries informs about demise of chairman & non-executive director19 May 2021, 4:24PM Akar Auto Industries informs about revised compliance certificate6 May 2021, 4:20PM Akar Auto Industries informs about board meeting6 Feb 2021, 11:44AM Akar Auto Industries - Quaterly Results29 Aug 2020, 4:52PM

Akar Auto Industries Stock Price Analysis and Quick Research Report. Is Akar Auto Industries 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 Akar Auto Industries is performing and if it is the right time to buy the stock of Akar Auto Industries with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Akar Auto Industries has reported outstanding sales growth of 35.7449508910758 % and in the latest quarter sales was Rs 93.661 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 4.78022699998893 times for Akar Auto Industries . It is managing its inventory poorly .
     
  • Akar Auto Industries reported Profit growth of 0.0407177965855097 % over the year, where the latest year profit is Rs 6.8794 Cr compared to the previous year of Rs 6.8766 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Akar Auto Industries in the latest quarter is Rs 6.46299999999999 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Akar Auto Industries has a average ROE of 19.0963157273819 %. 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. Akar Auto Industries has a low Debt to Equity ratio of 1.6364.
     
  • Akar Auto Industries pays a dividend of 0.5 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0.4604 %.
     
  • The share of promoter in Akar Auto Industries is high at 73.06 %, where the pledging is 3.62 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Akar Auto Industries is 16.1378153239337 compared to the 5 year average PE of 5.47101212653407 .
     
  • Share Price: - The current share price of Akar Auto Industries is Rs 109.65. One can use valuation calculators of ticker to know if Akar Auto Industries share price is undervalued or overvalued.
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Brief about Akar Auto Industries
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