Acrow India Ltd

Acrow India Ltd

₹ 714 3.75%
12 Jun 11:52 a.m.
About

Incorporated in 1960, Acrow India Limited manufactures engineering items, primarily for the Sugar Industry. The company manufactures material-handling systems, sugar factory equipment, industrial storage solutions and electronic bulk-weighing systems.

Key Points

Product Portfolio:[1]
a) Material Handling Systems:
Ravalgaon Brand Sugar Graders
Ravalgaon Brand Hoppers
Ravalgaon Brand Bin System (Silo)
Ravalgaon Brand Elevators
b) Sugar Factory Equipment:
Gear Molasses Pumps
Rotary Molasses Pumps
Rotary Magma / Massecuite Pumps
Chokeless Pumps
Rapi Pol Extractor
c) Industrial Storage Solutions:
Adjustable Storage System
Drive-in / Drive-out Storage Systems
Automatic Storage & Retrieval Systems
Gravity Flow Storage Systems
Cantilever Storage Systems
d) Electronic Bulk-Weighing Machines:
E-Gross Weighing Machine
E-Net Weighing Machin

The company’s product portfolio includes Ravalgaon (sister concern) branded machinery for the sugar industry. Both Acrow and Ravalgaon are former members of The Walchand Group of Industries

  • Market Cap 45.7 Cr.
  • Current Price 714
  • High / Low 1,020 / 601
  • Stock P/E
  • Book Value 350
  • Dividend Yield 0.00 %
  • ROCE 5.12 %
  • ROE -3.85 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of -0.41% over last 3 years.
  • Earnings include an other income of Rs.2.50 Cr.
  • Company has high debtors of 383 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.24
0.93 0.47 0.16 0.11 0.72 0.10 0.11 0.08 1.62 0.10 0.12 0.20 3.91
Operating Profit -0.93 -0.47 -0.16 -0.11 -0.72 -0.10 -0.11 -0.08 -1.62 -0.10 -0.12 -0.20 -0.67
OPM % -20.68%
2.13 0.15 0.36 0.43 0.65 0.54 0.42 0.66 1.20 0.42 0.93 0.71 0.45
Interest 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
Depreciation 0.06 0.04 0.05 0.05 0.05 0.04 0.10 0.08 0.08 0.08 0.06 0.07 0.05
Profit before tax 1.14 -0.36 0.15 0.27 -0.12 0.40 0.21 0.50 -0.50 0.24 0.75 0.44 -0.27
Tax % 18.42% -5.56% -40.00% -25.93% 66.67% 27.50% 14.29% 28.00% -140.00% 41.67% 253.33% 9.09% 3.70%
0.94 -0.34 0.21 0.35 -0.20 0.28 0.18 0.36 0.19 0.14 -1.15 0.41 -0.27
EPS in Rs 14.69 -5.31 3.28 5.47 -3.12 4.38 2.81 5.62 2.97 2.19 -17.97 6.41 -4.22
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0.03 0.21 0.00 0.01 0.00 0.00 -0.10 0.00 0.00 0.00 0.00 3.24
0.86 0.98 1.55 1.17 1.10 0.67 0.71 0.68 1.44 0.83 1.90 4.32
Operating Profit -0.83 -0.77 -1.55 -1.16 -1.10 -0.67 -0.81 -0.68 -1.44 -0.83 -1.90 -1.08
OPM % -2,766.67% -366.67% -11,600.00% -33.33%
0.46 3.48 18.52 1.27 1.51 1.10 0.83 0.60 2.78 0.96 2.81 2.50
Interest 0.02 0.01 0.04 0.00 0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.31 0.30 0.46 0.46 0.38 0.33 0.27 0.24 0.24 0.18 0.30 0.25
Profit before tax -0.70 2.40 16.47 -0.35 0.00 0.09 -0.25 -0.32 1.10 -0.05 0.61 1.17
Tax % -7.14% 46.25% 25.99% -11.43% -133.33% 20.00% -56.25% 22.73% -140.00% -68.85% 174.36%
-0.65 1.29 12.19 -0.31 0.00 0.21 -0.30 -0.14 0.86 0.02 1.02 -0.88
EPS in Rs -10.16 20.16 190.47 -4.84 0.00 3.28 -4.69 -2.19 13.44 0.31 15.94 -13.75
Dividend Payout % 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: 31%
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -2%
TTM: -195%
Stock Price CAGR
10 Years: 24%
5 Years: 53%
3 Years: 75%
1 Year: -11%
Return on Equity
10 Years: -1%
5 Years: -1%
3 Years: 0%
Last Year: -4%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.64 0.64 0.64 0.64 0.64 0.64 0.64 0.64 0.64 0.64 0.64 0.64
Reserves 7.87 9.05 21.25 20.94 20.97 21.18 20.87 20.73 21.59 21.61 22.64 21.76
1.53 1.13 0.86 0.53 0.14 0.05 0.00 0.00 0.00 0.00 0.00 0.00
1.62 2.25 0.70 0.44 0.27 0.13 0.11 0.08 0.13 0.05 0.53 5.47
Total Liabilities 11.66 13.07 23.45 22.55 22.02 22.00 21.62 21.45 22.36 22.30 23.81 27.87
4.48 6.02 5.67 5.21 4.83 4.51 4.26 4.02 3.98 3.86 3.53 2.40
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
Investments 0.31 0.28 9.20 1.71 0.71 9.50 9.25 8.99 8.95 0.00 0.00 0.00
6.87 6.77 8.58 15.63 16.48 7.99 8.11 8.44 9.43 18.44 20.28 25.47
Total Assets 11.66 13.07 23.45 22.55 22.02 22.00 21.62 21.45 22.36 22.30 23.81 27.87

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0.69 -0.59 -7.40 -2.09 -0.75 -0.13 -0.65 -0.64 -0.60 -1.01 -0.82 -0.78
0.91 1.02 7.74 8.40 -0.08 0.66 0.79 0.41 2.02 -6.14 0.80 0.83
-0.22 -0.46 -0.33 -0.26 0.20 -0.10 -0.05 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.00 -0.02 0.01 6.05 -0.63 0.44 0.09 -0.23 1.42 -7.15 -0.02 0.06

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 1,216.67 139.05 21,170.00 -146.00 383.02
Inventory Days 16,060.00 2,469.12 1,034.17 -2,409.00 0.00 0.00
Days Payable 2,068.33 257.65 462.33
Cash Conversion Cycle 15,208.33 2,350.52 21,170.00 -2,555.00 383.02
Working Capital Days 71,783.33 10,063.57 316,455.00 6,606.50 2,311.67
ROCE % -6.32% -3.64% -6.32% -1.60% -1.32% 0.60% -0.69% -2.57% -3.81% -1.80% 2.02% 5.12%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
54.59% 0.00% 54.61% 54.61% 54.61% 54.63% 54.63% 54.63% 54.63% 54.63% 54.63% 54.63%
45.41% 100.00% 45.38% 45.39% 45.39% 45.37% 45.37% 45.37% 45.37% 45.36% 45.37% 45.38%
No. of Shareholders 1,3241,3011,3261,3671,3841,3701,3941,3571,3671,4451,4091,392

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