Auro Impex & Chemicals Ltd
Incorporated in 1994, Auro Impex & Chemicals is engaged in manufacturing, exporting, and supply of Discharge & Collecting Electrodes, and Electrostatic Precipitator (ESP) internal parts and spares.[1]
- Market Cap ₹ 104 Cr.
- Current Price ₹ 85.1
- High / Low ₹ 118 / 55.2
- Stock P/E 16.1
- Book Value ₹ 27.7
- Dividend Yield 0.00 %
- ROCE 24.5 %
- ROE 57.3 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.5%
- Debtor days have improved from 46.7 to 26.7 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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: Electrodes - Welding Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 37 | 74 | 110 | 181 | 228 | |
| 35 | 71 | 106 | 171 | 216 | |
| Operating Profit | 2 | 3 | 4 | 10 | 12 |
| OPM % | 5% | 4% | 4% | 6% | 5% |
| 0 | 0 | 1 | 0 | 1 | |
| Interest | 2 | 1 | 2 | 2 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 3 | 8 | 9 |
| Tax % | 10% | 3% | 26% | 28% | |
| 0 | 1 | 2 | 6 | 6 | |
| EPS in Rs | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 69% |
| TTM: | 65% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 174% |
| TTM: | 172% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| Last Year: | 57% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 9 | 12 |
| Reserves | 3 | 4 | 6 | 3 | 22 |
| 14 | 16 | 27 | 37 | 36 | |
| 10 | 13 | 14 | 11 | 14 | |
| Total Liabilities | 28 | 34 | 48 | 60 | 84 |
| 6 | 0 | 8 | 9 | 9 | |
| CWIP | 0 | 0 | 1 | 3 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 22 | 33 | 39 | 49 | 71 | |
| Total Assets | 28 | 34 | 48 | 60 | 84 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 4 | 1 | -3 | -5 | |
| -0 | -1 | -3 | -3 | |
| -3 | 0 | 7 | 7 | |
| Net Cash Flow | 0 | -0 | 1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 72 | 65 | 48 | 27 |
| Inventory Days | 113 | 47 | 61 | 51 |
| Days Payable | 76 | 54 | 25 | 4 |
| Cash Conversion Cycle | 110 | 57 | 84 | 74 |
| Working Capital Days | 135 | 73 | 89 | 77 |
| ROCE % | 12% | 17% | 24% |
Product Portfolio[1] Company manufactures Collecting Electrodes of all profiles, Discharge Electrodes, Electromagnetic rapper, Tank Fabrication and Duct Fabrication, and other ESP Internal spare parts, for Original Equipment manufacturers (OEMs) and service providers ranging from sourcing components, designing, manufacturing, quality testing as per OEM specifications