Patels Airtemp (India) Ltd

Patels Airtemp Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Patels Airtemp (India) Ltd

₹ 548 0.45%
02 May 4:01 p.m.
patelairtemp.com BSE: 517417
About

Incorporated in 1972, Patels Airtemp India
Ltd manufactures and sells extensive range
of Heat Exchangers, other related equipment and undertakes Turnkey HVAC Projects[1]

Key Points

Business Overview:[1]
PAIL is in the business of design and fabrication of process equipment and engineering goods. It manufactures capital goods equipment and executes turnkey heating, ventilation and air conditioning (HVAC) projects

Website BSE
  • Market Cap ₹ 300 Cr.
  • Current Price ₹ 548
  • High / Low ₹ 593 / 202
  • Stock P/E 21.9
  • Book Value ₹ 246
  • Dividend Yield 0.55 %
  • ROCE 12.9 %
  • ROE 9.29 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is expected to give good quarter

Cons

  • Company has a low return on equity of 10.9% over last 3 years.
  • Contingent liabilities of Rs.105 Cr.
  • Dividend payout has been low at 12.4% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Capital Goods-Non Electrical Equipment Industry: Engineering

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
83.13 72.10 48.33 61.37 113.22 80.29 35.38 80.71 64.20 101.19 82.83 85.23 87.27
76.02 64.80 41.86 54.68 105.31 73.06 29.71 72.68 56.67 92.23 75.11 76.76 79.53
Operating Profit 7.11 7.30 6.47 6.69 7.91 7.23 5.67 8.03 7.53 8.96 7.72 8.47 7.74
OPM % 8.55% 10.12% 13.39% 10.90% 6.99% 9.00% 16.03% 9.95% 11.73% 8.85% 9.32% 9.94% 8.87%
0.16 0.17 0.18 0.18 0.16 0.61 0.50 0.29 0.44 0.26 0.26 0.15 0.56
Interest 1.96 2.35 2.35 2.51 1.92 2.24 2.31 3.44 3.59 2.89 2.63 3.12 2.59
Depreciation 0.86 0.88 0.83 0.83 0.83 1.13 1.06 1.05 1.05 0.95 1.03 1.04 1.03
Profit before tax 4.45 4.24 3.47 3.53 5.32 4.47 2.80 3.83 3.33 5.38 4.32 4.46 4.68
Tax % 25.17% 29.25% 25.94% 25.50% 25.75% 28.19% 25.71% 23.50% 29.73% 29.00% 25.93% 25.56% 27.99%
3.33 3.01 2.57 2.63 3.95 3.21 2.07 2.93 2.34 3.82 3.20 3.32 3.37
EPS in Rs 6.57 5.94 5.07 5.19 7.79 6.33 4.08 5.78 4.28 6.98 5.85 6.07 6.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
151 237 255 303 281 357
134 214 229 275 251 324
Operating Profit 17 23 26 28 30 33
OPM % 12% 10% 10% 9% 11% 9%
1 2 1 1 1 1
Interest 5 7 8 9 12 11
Depreciation 3 3 3 4 4 4
Profit before tax 11 15 15 17 15 19
Tax % 30% 24% 26% 26% 27%
7 11 11 12 11 14
EPS in Rs 14.44 22.31 22.39 24.40 20.42 25.06
Dividend Payout % 17% 11% 11% 11% 15%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 6%
TTM: 37%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -1%
TTM: 30%
Stock Price CAGR
10 Years: 26%
5 Years: 41%
3 Years: 56%
1 Year: 137%
Return on Equity
10 Years: %
5 Years: %
3 Years: 11%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 5 5 5 5
Reserves 75 84 94 106 124 129
42 45 64 88 95 95
69 126 119 86 136 150
Total Liabilities 191 261 282 284 360 380
22 33 43 47 47 46
CWIP 0 4 1 0 0 0
Investments 0 0 0 0 0 0
169 224 239 237 313 334
Total Assets 191 261 282 284 360 380

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
7 11 8 -13 5
-3 -17 -9 -6 -3
6 -6 10 14 3
Net Cash Flow 10 -12 9 -5 5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 157 141 131 110 144
Inventory Days 309 260 258 189 314
Days Payable 123 164 147 77 160
Cash Conversion Cycle 343 236 242 221 298
Working Capital Days 184 134 140 158 200
ROCE % 17% 16% 14% 13%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
47.21% 47.14% 48.17% 48.11% 41.98% 42.22% 46.45% 46.45% 46.45% 46.45% 46.45% 46.45%
52.79% 52.86% 51.83% 51.89% 58.02% 57.77% 53.57% 53.55% 53.55% 53.56% 53.55% 53.55%
No. of Shareholders 7,7958,6077,8507,5117,4236,9926,6086,4576,6836,7746,9477,195

Documents

Announcements

Annual reports

Credit ratings