SM Auto Stamping Ltd
Incorporated in 1995, SM Auto Stamping Ltd is in the business of manufacturing Auto Components
- Market Cap ₹ 64.7 Cr.
- Current Price ₹ 47.3
- High / Low ₹ 64.0 / 0.00
- Stock P/E 23.5
- Book Value ₹ 14.8
- Dividend Yield 2.64 %
- ROCE 18.2 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company's working capital requirements have reduced from 33.9 days to 26.3 days
Cons
- Stock is trading at 3.20 times its book value
- Company has a low return on equity of 8.81% over last 3 years.
- Earnings include an other income of Rs.1.54 Cr.
- Company's cost of borrowing seems high
* 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: Auto Ancillaries Industry: Auto Ancillaries
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
50.84 | 63.35 | 58.13 | 44.27 | 38.93 | 54.33 | 68.66 | |
48.42 | 58.24 | 53.96 | 45.47 | 37.65 | 49.52 | 63.27 | |
Operating Profit | 2.42 | 5.11 | 4.17 | -1.20 | 1.28 | 4.81 | 5.39 |
OPM % | 4.76% | 8.07% | 7.17% | -2.71% | 3.29% | 8.85% | 7.85% |
2.53 | 2.79 | 0.76 | 0.12 | 1.14 | 0.86 | 1.54 | |
Interest | 3.41 | 2.69 | 1.36 | 1.28 | 1.91 | 1.32 | 1.27 |
Depreciation | 2.54 | 2.34 | 1.20 | 0.67 | 1.14 | 1.15 | 1.21 |
Profit before tax | -1.00 | 2.87 | 2.37 | -3.03 | -0.63 | 3.20 | 4.45 |
Tax % | -56.00% | 21.60% | 25.74% | 29.70% | -169.84% | -13.75% | 30.56% |
-1.57 | 8.94 | 2.26 | -1.96 | -1.65 | 3.79 | 3.32 | |
EPS in Rs | -12.71 | 66.92 | 17.30 | -1.37 | -1.15 | 2.65 | 2.32 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 53.80% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 16% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -20% |
3 Years: | 56% |
TTM: | -27% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 42% |
1 Year: | 5% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 9% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 1.31 | 1.31 | 1.31 | 14.29 | 14.29 | 14.29 | 14.29 | 14.29 |
Reserves | 7.73 | 9.88 | 10.87 | 1.66 | 0.00 | 3.79 | 5.32 | 6.82 |
26.59 | 21.50 | 12.73 | 14.85 | 10.35 | 8.86 | 7.32 | 3.71 | |
16.88 | 21.82 | 13.88 | 4.45 | 8.03 | 8.68 | 9.78 | 10.00 | |
Total Liabilities | 52.51 | 54.51 | 38.79 | 35.25 | 32.67 | 35.62 | 36.71 | 34.82 |
26.09 | 24.51 | 8.39 | 8.58 | 8.83 | 9.16 | 10.51 | 10.12 | |
CWIP | 0.03 | 0.00 | 0.00 | 0.00 | 0.69 | 1.32 | 0.29 | 0.00 |
Investments | 0.12 | 0.05 | 3.78 | 11.38 | 11.43 | 11.58 | 11.81 | 12.15 |
26.27 | 29.95 | 26.62 | 15.29 | 11.72 | 13.56 | 14.10 | 12.55 | |
Total Assets | 52.51 | 54.51 | 38.79 | 35.25 | 32.67 | 35.62 | 36.71 | 34.82 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
54.26 | 5.28 | 0.81 | 1.69 | 0.53 | 3.38 | 6.54 | |
-52.35 | 1.68 | 1.01 | -4.10 | -0.93 | -1.43 | -0.33 | |
-1.80 | -7.07 | -1.91 | 5.59 | -2.84 | -1.93 | -6.20 | |
Net Cash Flow | 0.11 | -0.12 | -0.09 | 3.18 | -3.24 | 0.01 | 0.02 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 74.09 | 83.49 | 62.54 | 50.38 | 64.41 | 47.30 | 42.32 |
Inventory Days | 110.90 | 85.86 | 74.93 | 41.38 | 43.59 | 41.64 | 28.43 |
Days Payable | 121.70 | 128.03 | 91.31 | 21.61 | 67.56 | 60.02 | 44.87 |
Cash Conversion Cycle | 63.29 | 41.32 | 46.16 | 70.15 | 40.45 | 28.91 | 25.88 |
Working Capital Days | 45.73 | 30.54 | 43.39 | 51.28 | 43.13 | 32.38 | 26.31 |
ROCE % | 14.12% | 12.79% | -4.67% | 2.92% | 17.53% | 18.23% |
Documents
Announcements
-
Announcement Under Reg.30 Of LODR
2 May - Purchase of Machinery to increase capacity of production.
- Compliance Certificate Under Regulation 7 (3) Of SEBI LODR For The Period Ended 31.03.2024 11 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - In accordance with Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 31.03.2024, based on the certificate received from Bigshare …
- Certificate Pursuant To Regulation 40(9) & (10) Of SEBI (Listing Obligations And Disclosure Requirement) Regulations, 2015 For The Financial Year Ended 31St March, 2024. 7 Apr
- Closure of Trading Window 27 Mar
Business Overview:[1]
Company is listed on BSE SME platform. Co designs and manufactures sheet metal components and sub-assemblies for automobile manufacturers. Company's components cover clutches, brakes, engine mountings, chassis, shaft drive, body trims, bearings etc. used in passenger cars, commercial vehicles, tractors, etc. Deep drawn components and control panel components also find application in electrical equipment industry. Apart from manufacturing, company also provide job work services of blanking and forming process on metal components