Patels Airtemp (India) Ltd

Patels Airtemp Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Patels Airtemp (India) Ltd

₹ 494 -0.19%
11 Jun - close price
patelairtemp.com BSE: 517417
About

Incorporated in 1972, Patels Airtemp India
Ltd manufactures and sells extensive range
of Heat Exchangers, other related equipment and undertakes Turnkey HVAC Projects[1]

Key Points

Business Overview:[1]
PAIL is in the business of design and fabrication of process equipment and engineering goods. It manufactures capital goods equipment and executes turnkey heating, ventilation and air conditioning (HVAC) projects

Website BSE
  • Market Cap ₹ 270 Cr.
  • Current Price ₹ 494
  • High / Low ₹ 900 / 445
  • Stock P/E 16.4
  • Book Value ₹ 288
  • Dividend Yield 0.61 %
  • ROCE 13.8 %
  • ROE 11.0 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Debtor days have improved from 112 to 88.4 days.

Cons

  • The company has delivered a poor sales growth of 10.3% over past five years.
  • Company has a low return on equity of 10.4% over last 3 years.
  • Contingent liabilities of Rs.123 Cr.
  • Dividend payout has been low at 11.9% of profits over last 3 years

* 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

Industrials Capital Goods Industrial Manufacturing Industrial Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
80.29 35.38 80.71 64.20 101.19 82.83 85.23 87.27 115.45 113.50 81.87 88.39 104.06
73.04 29.71 72.68 56.67 92.21 75.11 76.76 79.47 104.36 103.14 74.13 79.37 95.58
Operating Profit 7.25 5.67 8.03 7.53 8.98 7.72 8.47 7.80 11.09 10.36 7.74 9.02 8.48
OPM % 9.03% 16.03% 9.95% 11.73% 8.87% 9.32% 9.94% 8.94% 9.61% 9.13% 9.45% 10.20% 8.15%
0.61 0.50 0.29 0.44 0.26 0.26 0.15 0.56 1.05 0.42 0.32 0.27 0.54
Interest 2.24 2.31 3.44 3.59 2.89 2.63 3.12 2.59 4.55 2.96 2.80 3.61 1.97
Depreciation 1.13 1.06 1.05 1.05 0.95 1.03 1.04 1.03 0.96 1.03 1.02 1.03 0.85
Profit before tax 4.49 2.80 3.83 3.33 5.40 4.32 4.46 4.74 6.63 6.79 4.24 4.65 6.20
Tax % 28.06% 25.71% 23.50% 29.73% 28.89% 25.93% 25.56% 27.64% 28.51% 25.48% 25.71% 18.06% 27.58%
3.23 2.07 2.93 2.34 3.84 3.20 3.32 3.43 4.74 5.06 3.15 3.81 4.49
EPS in Rs 6.37 4.08 5.78 4.28 7.02 5.85 6.07 6.27 8.67 9.25 5.76 6.97 8.21
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
71 113 127 136 158 151 237 255 303 281 371 388
61 98 112 119 138 134 214 229 275 251 336 352
Operating Profit 10 14 15 17 20 17 23 26 28 30 35 36
OPM % 14% 13% 12% 13% 12% 12% 10% 10% 9% 11% 9% 9%
0 0 0 0 0 1 2 1 1 1 2 2
Interest 1 3 2 3 5 5 7 8 9 12 13 11
Depreciation 2 2 2 3 3 3 3 3 4 4 4 4
Profit before tax 7 10 11 12 13 11 15 15 17 15 20 22
Tax % 35% 36% 36% 35% 32% 30% 24% 26% 26% 27% 27% 24%
5 6 7 8 9 7 11 11 12 11 15 17
EPS in Rs 9.19 12.23 14.10 15.60 16.98 14.44 22.31 22.43 24.46 20.46 26.85 30.18
Dividend Payout % 22% 18% 16% 16% 15% 17% 11% 11% 11% 15% 11% 10%
Compounded Sales Growth
10 Years: 13%
5 Years: 10%
3 Years: 9%
TTM: 5%
Compounded Profit Growth
10 Years: 10%
5 Years: 8%
3 Years: 10%
TTM: 12%
Stock Price CAGR
10 Years: 14%
5 Years: 40%
3 Years: 32%
1 Year: -10%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 10%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 5 5 5 5 5 5 5 5 5 5 5 5
Reserves 44 48 54 62 69 75 84 94 106 124 137 152
15 25 10 24 30 42 45 64 88 95 93 90
21 25 27 38 44 69 126 119 86 136 136 61
Total Liabilities 85 104 97 128 148 191 261 282 284 360 371 308
22 23 23 23 21 22 33 43 47 47 45 44
CWIP 0 0 0 1 0 0 4 1 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
62 81 74 105 127 169 224 239 237 313 326 264
Total Assets 85 104 97 128 148 191 261 282 284 360 371 308

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
12 -0 8 -3 -5 7 11 8 -13 5 11 40
-6 -1 -6 -1 -1 -3 -17 -9 -6 -3 -1 -1
-2 7 -18 11 2 6 -6 10 14 3 -17 -16
Net Cash Flow 4 6 -16 6 -4 10 -12 9 -5 5 -7 23

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 67 74 101 152 144 157 141 131 110 144 105 88
Inventory Days 229 154 117 150 224 309 260 258 189 314 253 165
Days Payable 136 80 62 100 138 123 164 147 77 160 110 36
Cash Conversion Cycle 160 148 157 202 230 343 236 242 221 298 248 218
Working Capital Days 112 106 101 150 174 184 134 140 158 200 164 164
ROCE % 14% 17% 17% 19% 18% 14% 17% 16% 14% 13% 14% 14%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
41.98% 42.22% 46.45% 46.45% 46.45% 46.45% 46.45% 46.45% 46.45% 46.45% 46.45% 46.45%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04%
58.02% 57.77% 53.57% 53.55% 53.55% 53.56% 53.55% 53.55% 53.57% 53.55% 53.54% 53.52%
No. of Shareholders 7,4236,9926,6086,4576,6836,7746,9477,1958,4458,8999,5489,715

* 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.

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