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Aartech Solonics Ltd

Aartech Solonics Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Aartech Solonics Ltd

₹ 61.6 0.16%
31 Oct - close price
aartechsolonics.com BSE: 542580 NSE: AARTECH
About

Incorporated in 1982, Aartech Solonics Ltd is a manufacturer of Electrical Machinery and Apparatus N.E.C.

Key Points

Business Overview:[1]
Company is a system solution-oriented R&D enterprise in the field of specialized and selected energy appliances. Company manufactures electricity distribution & control apparatus.

Website BSE NSE
  • Market Cap ₹ 196 Cr.
  • Current Price ₹ 61.6
  • High / Low ₹ 88.1 / 42.0
  • Stock P/E 84.4
  • Book Value ₹ 9.81
  • Dividend Yield 0.41 %
  • ROCE 5.35 %
  • ROE 2.05 %
  • Face Value ₹ 5.00
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Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 147 to 105 days.
  • Company's working capital requirements have reduced from 156 days to 117 days

Cons

  • Stock is trading at 6.28 times its book value
  • Company has a low return on equity of 2.57% over last 3 years.
  • Earnings include an other income of Rs.4.59 Cr.

* 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 - Electrical Equipment Industry: Electric Equipment

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
10.50 4.85 3.80 2.50 6.30 9.05 7.34 10.00 6.61
10.03 5.86 3.37 3.13 5.91 9.00 7.91 9.47 6.90
Operating Profit 0.47 -1.01 0.43 -0.63 0.39 0.05 -0.57 0.53 -0.29
OPM % 4.48% -20.82% 11.32% -25.20% 6.19% 0.55% -7.77% 5.30% -4.39%
0.61 0.27 0.79 0.12 0.80 0.67 1.46 0.34 2.12
Interest 0.09 0.09 0.09 0.04 0.14 0.13 0.14 0.15 0.13
Depreciation 0.27 0.11 0.07 0.01 0.08 0.08 0.09 0.11 0.09
Profit before tax 0.72 -0.94 1.06 -0.56 0.97 0.51 0.66 0.61 1.61
Tax % 44.44% 17.02% 16.04% -8.93% 27.84% 5.88% 12.12% 77.05% 30.43%
0.39 -1.10 0.89 -0.52 0.70 0.48 0.58 0.14 1.12
EPS in Rs 0.12 -0.35 0.28 -0.16 0.22 0.15 0.18 0.04 0.35
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
8.56 8.86 9.23 9.73 12.73 11.21 14.54 10.04 10.93 16.36 21.65 32.69 33.00
5.95 9.75 8.14 9.47 12.70 10.22 13.36 9.78 10.44 16.06 20.68 32.29 33.28
Operating Profit 2.61 -0.89 1.09 0.26 0.03 0.99 1.18 0.26 0.49 0.30 0.97 0.40 -0.28
OPM % 30.49% -10.05% 11.81% 2.67% 0.24% 8.83% 8.12% 2.59% 4.48% 1.83% 4.48% 1.22% -0.85%
-0.26 0.68 0.71 0.52 0.69 0.78 1.27 0.78 0.94 1.82 1.63 3.27 4.59
Interest 0.03 0.20 0.09 0.18 0.08 0.09 0.11 0.13 0.20 0.20 0.28 0.56 0.55
Depreciation 0.17 0.27 0.29 0.34 0.32 0.31 0.21 0.19 0.21 0.20 0.32 0.35 0.37
Profit before tax 2.15 -0.68 1.42 0.26 0.32 1.37 2.13 0.72 1.02 1.72 2.00 2.76 3.39
Tax % 29.77% 2.94% 20.42% 11.54% 9.38% 13.87% 20.66% 18.06% 17.65% 18.02% 31.00% 47.46%
1.51 -0.70 1.13 0.23 0.30 1.18 1.70 0.59 0.84 1.42 1.38 1.44 2.32
EPS in Rs 0.68 -0.32 0.51 0.10 0.14 0.53 0.53 0.19 0.26 0.45 0.43 0.45 0.72
Dividend Payout % 32.65% -35.29% 21.86% 107.39% 0.00% 0.00% 0.00% 0.00% 42.02% 37.29% 0.00% 0.00%
Compounded Sales Growth
10 Years: 14%
5 Years: 18%
3 Years: 44%
TTM: 89%
Compounded Profit Growth
10 Years: 11%
5 Years: -15%
3 Years: 7%
TTM: 7833%
Stock Price CAGR
10 Years: %
5 Years: 51%
3 Years: 73%
1 Year: 26%
Return on Equity
10 Years: 3%
5 Years: 2%
3 Years: 3%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4.93 4.94 4.94 4.94 4.94 4.94 7.06 7.06 7.06 10.59 10.59 10.59
Reserves 10.16 11.02 11.59 11.53 11.83 12.97 19.76 20.00 20.84 18.38 19.70 20.60
0.00 0.00 0.00 0.00 0.50 0.00 0.00 1.74 0.88 0.65 2.78 4.20
2.93 2.08 2.69 2.26 2.19 1.47 1.70 2.44 2.34 5.28 5.55 7.24
Total Liabilities 18.02 18.04 19.22 18.73 19.46 19.38 28.52 31.24 31.12 34.90 38.62 42.63
3.12 3.19 2.79 2.62 2.47 3.36 3.42 3.60 3.51 3.74 3.67 3.95
CWIP 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 1.82 2.48 2.74 3.08 5.80 3.13 6.43 9.07 10.69 12.59 13.91 13.70
13.08 12.36 13.69 13.03 11.19 12.89 18.67 18.57 16.92 18.57 21.04 24.98
Total Assets 18.02 18.04 19.22 18.73 19.46 19.38 28.52 31.24 31.12 34.90 38.62 42.63

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 2.47 -1.00 0.16 1.99 0.18 0.94 1.52 -1.70 0.95 -6.79 2.23
0.00 -1.08 -0.12 0.84 -2.14 -0.53 -5.82 -4.91 1.93 -0.54 5.64 -1.86
0.00 -0.28 -0.29 -0.30 0.20 0.00 7.21 0.00 0.00 -0.35 1.26 0.57
Net Cash Flow 0.00 1.11 -1.40 0.71 0.06 -0.35 2.32 -3.39 0.23 0.05 0.10 0.94

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 139.43 132.65 237.27 192.82 90.89 112.33 126.27 165.05 212.05 157.96 178.71 105.29
Inventory Days 390.00 169.77 183.41 155.74 170.39 237.43 97.28 190.23 128.41 84.05 123.32 114.71
Days Payable 51.67 72.15 123.48 85.76 66.81 29.30 38.01 118.31 94.25 143.05 127.45 93.52
Cash Conversion Cycle 477.77 230.27 297.20 262.80 194.47 320.47 185.54 236.97 246.21 98.95 174.58 126.48
Working Capital Days 243.48 247.18 304.50 283.60 179.78 204.15 161.92 230.49 243.78 132.52 218.16 117.35
ROCE % 20.32% 9.30% 2.42% 2.07% 7.16% 8.54% 2.19% 2.88% 2.02% 7.05% 5.35%

Shareholding Pattern

Numbers in percentages

22 Recently
Mar 2021Sep 2021Mar 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
52.38% 52.38% 52.38% 52.38% 52.38% 52.68% 52.68% 52.68% 52.68% 52.68% 52.68% 52.68%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.01% 0.00% 0.02%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.39% 1.39% 1.39%
47.62% 47.62% 47.62% 47.63% 47.62% 47.33% 47.32% 47.30% 47.32% 45.92% 45.93% 45.91%
No. of Shareholders 1161241211402262382703,5524,2274,7345,66211,251

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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