Amforge Industries Ltd

Amforge Industries Ltd

₹ 9.60 -4.19%
28 Mar 2:33 p.m.
About

Amforge Industries is engaged in the business of Financial service activities and except insurance.(Source : 201903 Annual Report Page No:15)

  • Market Cap 13.8 Cr.
  • Current Price 9.60
  • High / Low 17.2 / 4.36
  • Stock P/E 40.6
  • Book Value 8.75
  • Dividend Yield 0.00 %
  • ROCE 3.18 %
  • ROE 1.53 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Stock is trading at 1.17 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -8.47% over past five years.
  • Company has a low return on equity of 6.19% over last 3 years.
  • Contingent liabilities of Rs.6.08 Cr.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 913 days to 1,378 days

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.33 0.43 0.29 0.35 0.32 0.42 0.43 0.57 0.57 0.38 0.35 0.46 0.41
Operating Profit -0.33 -0.43 -0.29 -0.35 -0.32 -0.42 -0.43 -0.57 -0.57 -0.38 -0.35 -0.46 -0.41
OPM %
0.72 0.67 0.66 0.68 0.68 0.67 0.66 0.64 0.65 0.78 0.50 0.64 0.51
Interest 0.14 0.10 0.08 0.07 0.06 0.07 0.09 0.06 0.06 0.04 0.05 0.05 0.03
Depreciation 0.12 0.12 0.12 0.12 0.12 0.09 0.08 0.08 0.08 0.08 0.07 0.07 0.07
Profit before tax 0.13 0.02 0.17 0.14 0.18 0.09 0.06 -0.07 -0.06 0.28 0.03 0.06 0.00
Tax % 7.69% -400.00% 17.65% 14.29% 22.22% -1,244.44% 16.67% 0.00% 0.00% 0.00% 33.33% 33.33%
0.13 0.09 0.14 0.12 0.14 1.21 0.04 -0.07 -0.07 0.28 0.03 0.04 -0.01
EPS in Rs 0.09 0.06 0.10 0.08 0.10 0.84 0.03 -0.05 -0.05 0.19 0.02 0.03 -0.01
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
4.30 2.79 3.88 6.57 3.61 2.21 4.00 2.26 2.81 2.80 2.70 2.57 0.00
12.79 4.29 2.71 2.85 2.84 6.44 2.52 1.75 1.50 1.49 1.39 1.95 1.60
Operating Profit -8.49 -1.50 1.17 3.72 0.77 -4.23 1.48 0.51 1.31 1.31 1.31 0.62 -1.60
OPM % -197.44% -53.76% 30.15% 56.62% 21.33% -191.40% 37.00% 22.57% 46.62% 46.79% 48.52% 24.12%
11.08 -0.14 0.40 -0.10 0.45 0.24 2.45 -0.03 -0.39 0.00 0.00 0.16 2.43
Interest 0.73 0.85 0.82 0.37 0.34 0.46 0.54 0.38 0.43 0.51 0.28 0.24 0.17
Depreciation 0.39 0.39 0.37 0.74 0.42 0.46 0.47 0.50 0.49 0.47 0.44 0.33 0.29
Profit before tax 1.47 -2.88 0.38 2.51 0.46 -4.91 2.92 -0.40 0.00 0.33 0.59 0.21 0.37
Tax % 153.74% 63.54% -228.95% 15.14% -93.48% -236.05% 19.18% 25.00% 3.03% -174.58% 4.76%
-0.78 -1.05 1.25 2.14 0.88 -16.51 2.36 -0.30 0.03 0.32 1.62 0.19 0.34
EPS in Rs -0.53 -0.71 0.84 1.44 0.59 -11.14 1.64 -0.21 0.02 0.22 1.13 0.13 0.23
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -1%
5 Years: -8%
3 Years: -3%
TTM: -5%
Compounded Profit Growth
10 Years: 8%
5 Years: -40%
3 Years: -26%
TTM: -69%
Stock Price CAGR
10 Years: 20%
5 Years: 48%
3 Years: 77%
1 Year: 76%
Return on Equity
10 Years: -5%
5 Years: 5%
3 Years: 6%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 2.96 2.96 2.96 2.96 2.96 2.96 2.88 2.88 2.88 2.88 2.88 2.88 2.88
Reserves 19.12 18.06 19.32 21.18 22.07 5.56 7.74 7.45 7.47 7.80 9.42 9.61 9.71
0.28 0.38 3.61 3.32 2.71 4.74 2.28 3.54 4.52 2.40 1.82 1.71 1.21
3.93 11.68 3.08 3.28 3.18 2.99 4.90 4.69 4.57 5.02 4.49 3.59 3.83
Total Liabilities 26.29 33.08 28.97 30.74 30.92 16.25 17.80 18.56 19.44 18.10 18.61 17.79 17.63
6.68 6.23 6.47 6.41 6.17 5.93 5.46 5.89 5.39 4.93 4.50 4.18 4.05
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 4.23 9.14 3.71 3.16 3.02 2.73 1.79 2.23 1.13 0.07 0.07 0.07 6.57
15.38 17.71 18.79 21.17 21.73 7.59 10.55 10.44 12.92 13.10 14.04 13.54 7.01
Total Assets 26.29 33.08 28.97 30.74 30.92 16.25 17.80 18.56 19.44 18.10 18.61 17.79 17.63

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
8.82 -1.61 -0.88 -0.53 0.77 -5.25 3.18 -2.31 -2.55 -1.08 -0.92 -2.92
10.76 -5.40 7.55 1.74 -0.12 3.58 -2.63 1.21 2.05 4.45 1.40 4.60
-19.57 7.18 -6.67 -0.77 -0.91 1.50 -0.79 0.89 0.55 -2.63 -0.85 -0.35
Net Cash Flow 0.01 0.17 0.00 0.43 -0.25 -0.16 -0.24 -0.21 0.04 0.74 -0.37 1.33

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 108.65 66.72 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Days 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 108.65 66.72 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Working Capital Days 404.05 675.05 455.31 366.11 710.79 -186.63 -169.72 -239.03 -192.24 -204.66 1,566.80 1,377.63
ROCE % -14.19% -8.73% 4.14% 11.17% 3.22% -22.83% 26.45% 2.02% 5.98% 6.01% 6.40% 3.18%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
56.89% 56.89% 56.89% 56.89% 56.89% 56.89% 56.89% 56.89% 56.96% 56.96% 56.96% 56.96%
0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20%
42.92% 42.92% 42.92% 42.92% 42.92% 42.92% 42.91% 42.91% 42.83% 42.84% 42.84% 42.84%
No. of Shareholders 16,63616,65416,79517,06817,32217,27117,21417,16417,13317,01717,12217,263

* 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.

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