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Taneja Aerospace share price

Taneja Aerospace & Aviation Ltd.

NSE: TANEJAERO BSE: 522229 SECTOR: Airlines  52k   297   25

488.20
+13.05 (2.75%)
BSE: 23 Feb 04:01 PM

Price Summary

Today's High

₹ 501

Today's Low

₹ 470.05

52 Week High

₹ 502.3

52 Week Low

₹ 104

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.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1217.12 Cr.

Enterprise Value

1206.8 Cr.

No. of Shares

2.49 Cr.

P/E

105.9

P/B

10.87

Face Value

₹ 5

Div. Yield

0.82 %

Book Value (TTM)

₹  44.91

CASH

10.32 Cr.

DEBT

0 Cr.

Promoter Holding

51.23 %

EPS (TTM)

₹  4.61

Sales Growth

2.12%

ROE

10.07 %

ROCE

15.03%

Profit Growth

100.9 %

* 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 Taneja Aerospace & Aviation Ltd.

Taal

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 Year2.12%
3 Year-0.41%
5 Year0.22%

Profit Growth

1 Year100.9%
3 Year23.44%
5 Year136.02%

ROE%

1 Year10.07%
3 Year7.11%
5 Year6.64%

ROCE %

1 Year15.03%
3 Year10.81%
5 Year9.98%

Debt/Equity

0

Price to Cash Flow

76.77

Interest Cover Ratio

25.0893045708252

CFO/PAT (5 Yr. Avg.)

1.76648557178482

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 51.23 0
Sep 2023 51.23 0
Jun 2023 51.23 0
Mar 2023 51.23 0
Dec 2022 51.23 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 23.4444042880534% for the Past 3 years.
  • The company has significantly decreased its debt by 3 Cr.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 25.0893045708252.
  • The Company has been maintaining an effective average operating margins of 47.5120102162657% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of 74.0968182916838 days.
  • Company has a healthy liquidity position with current ratio of 2.1736026450021.
  • The company has a good cash flow management; CFO/PAT stands at 1.76648557178482.
  • The company has a high promoter holding of 51.23%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 14.3799454869122.

 Limitations

  • The company has shown a poor revenue growth of -0.405901603431391% for the Past 3 years.
  • Company has a poor ROE of 7.11114282372565% over the past 3 years.
  • The company is trading at a high EV/EBITDA of 59.8889.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 9.18 9.93 7.57 7.15 7.45
Total Expenditure 4.04 4.9 2.06 2.25 3.14
Operating Profit 5.14 5.03 5.51 4.9 4.31
Other Income 0.27 0.18 0.16 0.05 0.05
Interest 0.15 0.13 0.15 0.11 0.11
Depreciation 0.77 0.86 0.88 0.93 0.95
Exceptional Items 0 0 0 0 0
Profit Before Tax 4.49 4.22 4.64 3.91 3.31
Tax 1.53 1.34 1.2 1.24 0.8
Profit After Tax 2.97 2.88 3.44 2.67 2.5
Adjusted EPS (Rs) 1.19 1.16 1.38 1.07 1

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 32.73 32.25 34.52 31.2 31.86
Total Expenditure 18.85 18.63 19.89 15 13.19
Operating Profit 13.88 13.62 14.63 16.2 18.67
Other Income 0.6 0.27 0.29 0.79 1.39
Interest 4.93 3.86 2.56 0.94 0.66
Depreciation 3.04 3.96 4.09 3.22 2.96
Exceptional Items 0 0 0 -4.76 -0.47
Profit Before Tax 6.51 6.08 8.28 8.06 15.97
Tax 1.35 0.24 2.05 2.59 4.98
Net Profit 5.16 5.84 6.23 5.47 10.99
Adjusted EPS (Rs.) 2.07 2.34 2.5 2.19 4.41

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 12.47 12.47 12.47 12.47 12.47
Total Reserves 80.06 85.91 92.12 96.19 97.13
Borrowings 16.25 9.25 1.86 0 0
Other N/C liabilities 7.58 7.66 7.71 7.31 9.88
Current liabilities 24.74 17.46 13.68 10.66 10.25
Total Liabilities 141.1 132.75 127.84 126.64 129.73
Assets
Net Block 98.54 97.05 94.54 85.49 89.62
Capital WIP 0 0 0 3.83 1.68
Intangible WIP 0 0 0 0 0
Investments 18.27 17.8 6.52 6.53 6.53
Loans & Advances 2.43 0.11 0.3 0.81 0.3
Other N/C Assets 0 0 10.82 16.87 9.32
Current Assets 21.87 17.79 15.67 13.11 22.29
Total Assets 141.1 132.75 127.84 126.64 129.73
* 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 6.51 6.08 8.28 8.06 15.97
Adjustment 7.35 7.25 5.89 3.49 2.69
Changes in Assets & Liabilities -5.42 0.21 -3.27 0.26 -0.09
Tax Paid -0.29 -1.44 2.79 -2.1 -2.71
Operating Cash Flow 8.15 12.1 13.69 9.71 15.85
Investing Cash Flow 0.65 -1.96 -0.32 -4.21 2.74
Financing Cash Flow -10.1 -12.18 -10.37 -7.07 -13.04
Net Cash Flow -1.3 -2.04 3 -1.58 5.55

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 51.23 51.23 51.23 51.23 51.23
alka mehta 0.12 0.12 0.12 0.12 0.12
asscher enterprises limit... - 50.75 50.75 50.75 50.75
laurus tradecon pvt ltd 0.18 0.18 0.18 0.18 0.18
salil baldev taneja 0.01 0.01 0.01 0.01 0.01
vishkul enterprises priva... 0.16 0.16 0.16 0.16 0.16
indian seamless enterpr... 50.75 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 48.77 48.77 48.77 48.77 48.77
bhagwandas k sahu 1.60 1.60 1.60 1.60 1.60
prakash chandra modi 1.06 1.06 1.06 1.10 1.24
porinju veliyath 1.20 1.16 1.16 - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Taneja Aerospace & Aviation informs about outcome of board meeting 21 Feb 2024, 5:05PM Taneja Aerospace and Aviation informs about loss of share certificates1 Feb 2024, 12:33PM Taneja Aerospace & Aviation gets nod to invest upto Rs 20 crore in Altair Infrasec19 Jan 2024, 6:34PM Taneja Aerospace - Quaterly Results19 Jan 2024, 3:17PM Taneja Aerospace - Quaterly Results19 Jan 2024, 3:17PM Taneja Aerospace - Quaterly Results19 Jan 2024, 3:17PM Taneja Aerospace and Aviation enters into MoU with Altair Infrasec 29 Dec 2023, 2:26PM Taneja Aerospace and Aviation informs about closure of trading window 19 Dec 2023, 5:35PM Taneja Aerospace & Aviation informs about board meeting19 Dec 2023, 4:52PM Taneja Aerospace - Quaterly Results3 Nov 2023, 4:08PM Taneja Aerospace - Quaterly Results3 Nov 2023, 4:08PM Taneja Aerospace - Quaterly Results3 Nov 2023, 4:08PM Taneja Aerospace and Aviation informs about loss of share certificates19 Oct 2023, 5:14PM Taneja Aerospace and Aviation informs about loss of share certificates25 Aug 2023, 2:50PM Taneja Aerospace - Quaterly Results28 Jul 2023, 4:12PM Taneja Aerospace - Quaterly Results28 Jul 2023, 4:12PM Taneja Aerospace - Quaterly Results28 Jul 2023, 4:12PM Taneja Aerospace & Aviation informs about loss of share certificate28 Jun 2023, 2:50PM Taneja Aerospace & Aviation informs about annual secretarial compliance report30 May 2023, 2:11PM Taneja Aerospace - Quaterly Results13 May 2023, 3:46PM Taneja Aerospace - Quaterly Results13 May 2023, 3:46PM Taneja Aerospace - Quaterly Results13 May 2023, 3:46PM Taneja Aerospace and Aviation informs about disclosure11 May 2023, 4:09PM Taneja Aerospace and Aviation informs about loss of share certificates9 Mar 2023, 10:51AM Taneja Aerospace and Aviation informs about loss of share certificate 2 Mar 2023, 12:51PM Taneja Aerospace and Aviation informs about loss of share certificate8 Feb 2023, 10:20AM Taneja Aerospace and Aviation informs about loss of share certificate6 Feb 2023, 1:07PM Taneja Aerospace - Quaterly Results24 Jan 2023, 4:16PM Taneja Aerospace - Quaterly Results24 Jan 2023, 4:16PM Taneja Aerospace - Quaterly Results24 Jan 2023, 4:16PM Taneja Aerospace & Aviation informs about certificate11 Jan 2023, 3:11PM Taneja Aerospace and Aviation informs about loss of share certificate4 Jan 2023, 10:42AM Taneja Aerospace and Aviation informs about closure of trading window 29 Dec 2022, 2:20PM Taneja Aerospace and Aviation informs about loss of share certificates26 Dec 2022, 12:26PM Taneja Aerospace and Aviation informs about loss of share certificate20 Dec 2022, 12:30PM Taneja Aerospace & Aviation informs about details of loss of certificate7 Dec 2022, 4:56PM Taneja Aerospace & Aviation informs about loss of share certificate30 Nov 2022, 3:40PM Taneja Aerospace & Aviation informs about details of loss of certificate16 Nov 2022, 5:04PM Taneja Aerospace - Quaterly Results21 Oct 2022, 2:38PM Taneja Aerospace - Quaterly Results21 Oct 2022, 2:38PM Taneja Aerospace and Aviation informs about loss of share certificate20 Oct 2022, 9:53AM Taneja Aerospace & Aviation informs about annual report23 Sep 2022, 12:49PM Taneja Aerospace enters into agreement with Aerospace Engineers 12 Aug 2022, 11:50AM Taneja Aerospace - Quaterly Results9 Aug 2022, 5:59PM Taneja Aerospace - Quaterly Results9 Aug 2022, 5:59PM Taneja Aerospace and Aviation informs about loss of share certificates20 Jul 2022, 12:44PM Taneja Aerospace and Aviation informs about resignation of CS cum CO1 Jul 2022, 1:02PM Taneja Aerospace & Aviation informs about declaration20 Jun 2022, 2:12PM Taneja Aerospace - Quaterly Results23 May 2022, 5:05PM Taneja Aerospace - Quaterly Results23 May 2022, 5:05PM

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

 

The civil aviation industry in India has emerged as one of the fastest-growing industries in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. 

A rise in the working group and middle-class demography has created a positive demand for the airline sector, to cater to the rising air traffic, the Government of India has been working towards increasing the number of airports. Investments to the tune of ($5.99 to $6.41) are expected in India’s airport infrastructure between FY18-23. While assessing the health of an airline company these financial metrics should be analyzed thoroughly.

Let us have a look into Taneja Aerospace for more understanding.

  • Quick ratio: - It measures an airline company’s short-term liquidity, whether a company can cover all of its short-term debt obligations with its liquid/quick assets. This financial ratio is particularly useful for analyzing airline companies because they are capital-intensive and have significant amounts of debt. Taneja Aerospace has a 2.1736026450021 of which is considered disadvantageous in terms of liquidity.
     
  • Return on Assets: - ROA indicates profitability earned on its assets, Airplane companies have planes as its primary assets, so bulk revenues are generated through Air travels. Taneja Aerospace has a ROA of 8.57139625135013 % which is significantly bad to its peers. 
     
  • Debt to equity ratio: - With significant debt portion and capital expenditures it is a good metric to check out Debt to Equity ratio for an airline company. Taneja Aerospace has a D/E ratio of 0 which is an insignificant indicative measure of financial risk when compared to its peers.
     
  • Cash flows analysis: - Airline companies usually have high fixed costs and major capital expenditures, so it is a good metric to measure the company’s growth and future performance. Taneja Aerospace has weak net cash flows of 5.5526 Cr over the year.
     
  • Share Price: - The current share price of Taneja Aerospace is Rs 488.2. One can use valuation calculators of ticker to know if Taneja Aerospace share price is undervalued or overvalued.
Last Updated on:
Brief about Taneja Aerospace
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