Akar Auto Industries
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Akar Auto Industries share price

Akar Auto Industries Ltd.

BSE: 530621 SECTOR: Auto Ancillary  10k   12   1

102.00
-1.15 (-1.11%)
BSE: 22 Nov 04:00 PM

Price Summary

Today's High

₹ 104.85

Today's Low

₹ 101.35

52 Week High

₹ 169.7

52 Week Low

₹ 87.8

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

₹ 110.04 Cr.

Enterprise Value

₹ 189.76 Cr.

No. of Shares

1.08 Cr.

P/E

17.58

P/B

2.3

Face Value

₹ 5

Div. Yield

0.58 %

Book Value (TTM)

₹  44.35

CASH

₹ 3.36 Cr.

DEBT

₹ 83.08 Cr.

Promoter Holding

73.06 %

EPS (TTM)

₹  5.8

Sales Growth

1.84%

ROE

13.07 %

ROCE

17.33%

Profit Growth

-20.16 %

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* 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

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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 Year1.84%
3 Year25.73%
5 Year6.12%

Profit Growth

1 Year-20.16%
3 Year57.87%
5 Year1.06%

ROE%

1 Year13.07%
3 Year18.62%
5 Year7.06%

ROCE %

1 Year17.33%
3 Year16.56%
5 Year12.2%

Debt/Equity

1.868

Price to Cash Flow

11.11

Interest Cover Ratio

1.7967

CFO/PAT (5 Yr. Avg.)

4.84158044965201

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 73.06 3.62
Jun 2024 73.06 3.62
Mar 2024 73.06 3.62
Dec 2023 73.06 3.62
Sep 2023 73.06 3.62
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 57.8714265977816% for the Past 3 years.
  • The company has shown a good revenue growth of 25.7349641500285% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 48.8754 days.
  • The company has a good cash flow management; CFO/PAT stands at 4.84158044965201.
  • The company has a high promoter holding of 73.06%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.11855933159361.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 95.76 93.66 94.62 94.94 95.96
Total Expenditure 90.19 87.2 87.91 88.6 88.64
Operating Profit 5.57 6.46 6.71 6.34 7.33
Other Income 0.06 0.04 0.1 0.06 0.05
Interest 2.47 2.78 3.71 2.9 3.28
Depreciation 0.9 1.07 1.12 1.2 1.21
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.26 2.65 1.98 2.31 2.89
Tax 0.8 0.73 1.02 0.77 1.05
Profit After Tax 1.46 1.92 0.96 1.54 1.84
Adjusted EPS (Rs) 1.36 1.78 0.89 1.42 1.71

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 198.83 188.06 270.41 367.07 373.82
Total Expenditure 189.48 179.36 251.22 344.86 349.92
Operating Profit 9.35 8.7 19.19 22.21 23.9
Other Income 0.15 1.76 0.79 0.18 0.24
Interest 7.66 8.05 8.02 10.04 11.18
Depreciation 4.32 4.5 4.43 4.05 4.04
Exceptional Items 0 0 -0.2 0 0
Profit Before Tax -2.49 -2.09 7.34 8.29 8.91
Tax 0.57 0.74 0.46 1.41 3.42
Net Profit -3.06 -2.84 6.88 6.88 5.49
Adjusted EPS (Rs.) -2.84 -2.63 6.37 6.38 5.09

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 5.39 5.39 5.39 5.39 5.39
Total Reserves 23.17 20.21 27.09 34.18 39.08
Borrowings 21.74 28.12 25.17 20.12 27.48
Other N/C liabilities 7.26 8.25 7.26 6.98 9.29
Current liabilities 86.75 97.41 93.85 120.25 134.99
Total Liabilities 144.32 159.38 158.76 186.91 216.24
Assets
Net Block 43.38 42.13 37.65 41.15 55.46
Capital WIP 0 0 0.22 0.77 0
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 0 0 0 0
Current Assets 98.38 114.69 118.32 142.43 158.22
Total Assets 144.32 159.38 158.76 186.91 216.24
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -2.49 -2.09 7.34 8.29 8.91
Adjustment 11.84 10.79 11.85 13.91 14.99
Changes in Assets & Liabilities 6.56 -8.45 -2.25 4.4 -12.66
Tax Paid -1.47 0 -1.48 -2.04 -1.33
Operating Cash Flow 14.44 0.25 15.47 24.56 9.91
Investing Cash Flow -4.68 -1.49 0.42 -7.92 -17.34
Financing Cash Flow -9 0.7 -14.91 -15.86 6.95
Net Cash Flow 0.76 -0.54 0.97 0.78 -0.49

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 73.06 73.06 73.06 73.06 73.06
akar alloys private limit... 7.96 7.96 7.96 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 ltd - - 1.85 1.85 1.85
lavanya finvest private l... 2.97 2.97 2.97 2.97 2.97
narendrakumar gupta 27.03 15.55 15.55 15.55 15.55
nitin narendrakumar gupta... 5.88 5.88 5.88 5.88 5.88
raghunandan lal gupta - 11.48 11.48 11.48 11.48
sant eknath rolling mills... 0.26 0.26 0.26 0.26 0.26
shatrunji investment priv... 3.64 3.64 3.64 3.64 3.64
sushiladevi raghunandanla... - - 0.34 0.34 0.34
usha gupta 20.72 20.72 20.72 20.72 20.72
gupta concast limited 1.85 1.85 - - -
sushiladevi gupta 0.34 0.34 - - -
akar industries private l... 0.09 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 26.94 26.94 26.94 26.94 26.94
investor education and pr... 0.54 - 0.54 0.54 0.54
varun gupta 1.00 1.00 1.00 1.00 1.00
national stock exchange o... - 1.01 1.01 - -
dr ramesh chimanlal shah - 1.23 - - -
dr ramesh chimmanlal shah... 1.30 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Akar Auto Industries informs about confirmation certificate 17 Oct, 12:38 PM Akar Auto Industries - Quaterly Results 14 Aug, 3:28 PM Akar Auto Industries - Quaterly Results 14 Aug, 3:28 PM Akar Auto Industries submits board meeting intimation 22 May, 6:19 PM Akar Auto Industries informs about disclosure 15 Apr, 3:28 PM Akar Auto Industries informs about independent directors meet 6 Mar, 12:19 PM Akar Auto Industries informs about updates 4 Mar, 11:12 AM Akar Auto Industries - Quaterly Results 13 Feb, 3:27 PM Akar Auto Industries - Quaterly Results 13 Feb, 3:27 PM Akar Auto Industries - Quaterly Results 13 Feb, 3:27 PM Akar Auto Industries informs about issue of duplicate share certificate 12 Jan, 3:23 PM Akar Auto Industries informs about trading window closure 29 Dec, 3:14 PM Akar Auto Industries informs about credit rating 6 Dec, 2:04 PM Akar Auto Industries informs about closure of trading window 30 Sep, 1:12 PM Akar Auto Industries informs about AGM 22 Sep, 4:57 PM Akar Auto Industries submits annual report and AGM notice 31 Aug, 3:52 PM Akar Auto Industries informs about newspaper advertisement 28 Aug, 12:22 PM Akar Auto Industries informs about newspaper advertisement 17 Jun, 2:11 PM Akar Auto Industries informs about clarification 14 Jun, 4:21 PM Akar Auto Industries informs about issuance of duplicate share certificate 17 May, 4:30 PM Akar Auto Industries informs about compliance certificate 22 Apr, 12:18 PM Akar Auto Industries informs about compliance certificate 21 Apr, 4:41 PM Akar Auto Industries informs about resignation of CS cum CO 31 Mar, 5:02 PM Akar Auto Industries - Quaterly Results 14 Feb, 3:06 PM Akar Auto Industries informs about compliance certificate 19 Jan, 3:15 PM Akar Auto Industries informs about closure of trading window 31 Mar, 10:24 AM Akar Auto Industries informs about confirmation certificate 13 Jan, 2:03 PM Akar Auto Industries informs about board meeting 8 Nov, 5:20 PM Akar Auto Industries informs about issuance of duplicate share certificate 21 Oct, 12:28 PM Akar Auto Industries informs about book closure 7 Sep, 4:37 PM Akar Auto Industries informs about AGM notice 7 Sep, 11:08 AM Akar Auto Industries informs about audited financial results 30 Jun, 5:03 PM Akar Auto Industries informs about demise of chairman & non-executive director 19 May, 4:24 PM Akar Auto Industries informs about revised compliance certificate 6 May, 4:20 PM Akar Auto Industries informs about board meeting 6 Feb, 11:44 AM Akar Auto Industries - Quaterly Results 29 Aug, 4:52 PM

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 poor sales growth of 1.8394 % and in the latest quarter sales was Rs 95.963 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 4.4647 times for Akar Auto Industries . It is managing its inventory poorly .
     
  • Akar Auto Industries reported Profit loss of -20.1645 % over the year, where the latest year profit is Rs 5.4922 Cr compared to the previous year of Rs 6.8794 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 7.327 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 13.07 %. 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 1.868.
     
  • Akar Auto Industries pays a dividend of 0.6 Rs per share. It tells us that a company dislikes to share profits with its shareholders. The dividend yield is low at 0.5806 %.
     
  • 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 17.5807508014754 compared to the 5 year average PE of 8.28060446919662 .
     
  • Share Price: - The current share price of Akar Auto Industries is Rs 102. One can use valuation calculators of ticker to know if Akar Auto Industries share price is undervalued or overvalued.
Last Updated on:
Brief about Akar Auto Industries
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