Patels Airtemp (India) Ltd

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

Patels Airtemp (India) Ltd

₹ 240 4.67%
12 Dec - 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 ₹ 131 Cr.
  • Current Price ₹ 240
  • High / Low ₹ 670 / 209
  • Stock P/E 8.88
  • Book Value ₹ 261
  • Dividend Yield 1.25 %
  • ROCE 14.4 %
  • ROE 10.9 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.92 times its book value
  • Company is expected to give good quarter

Cons

  • Company has a low return on equity of 10.6% over last 3 years.
  • Contingent liabilities of Rs.123 Cr.
  • Dividend payout has been low at 12.4% 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

Consolidated Figures in Rs. Crores / View Standalone

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
83.13 72.10 48.33 61.37 113.22 80.29 35.38 80.71 64.20 101.19 82.83 85.23 87.27
76.02 64.80 41.86 54.68 105.31 73.06 29.71 72.68 56.67 92.23 75.11 76.76 79.53
Operating Profit 7.11 7.30 6.47 6.69 7.91 7.23 5.67 8.03 7.53 8.96 7.72 8.47 7.74
OPM % 8.55% 10.12% 13.39% 10.90% 6.99% 9.00% 16.03% 9.95% 11.73% 8.85% 9.32% 9.94% 8.87%
0.16 0.17 0.18 0.18 0.16 0.61 0.50 0.29 0.44 0.26 0.26 0.15 0.56
Interest 1.96 2.35 2.35 2.51 1.92 2.24 2.31 3.44 3.59 2.89 2.63 3.12 2.59
Depreciation 0.86 0.88 0.83 0.83 0.83 1.13 1.06 1.05 1.05 0.95 1.03 1.04 1.03
Profit before tax 4.45 4.24 3.47 3.53 5.32 4.47 2.80 3.83 3.33 5.38 4.32 4.46 4.68
Tax % 25.17% 29.25% 25.94% 25.50% 25.75% 28.19% 25.71% 23.50% 29.73% 29.00% 25.93% 25.56% 27.99%
3.33 3.01 2.57 2.63 3.95 3.21 2.07 2.93 2.34 3.82 3.20 3.32 3.37
EPS in Rs 6.57 5.94 5.07 5.19 7.79 6.33 4.08 5.78 4.28 6.98 5.85 6.07 6.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
151 237 255 303 281 371
134 214 229 275 251 336
Operating Profit 17 23 26 28 30 35
OPM % 12% 10% 10% 9% 11% 9%
1 2 1 1 1 2
Interest 5 7 8 9 12 13
Depreciation 3 3 3 4 4 4
Profit before tax 11 15 15 17 15 20
Tax % 30% 24% 26% 26% 27% 27%
7 11 11 12 11 15
EPS in Rs 14.44 22.31 22.39 24.40 20.42 26.98
Dividend Payout % 17% 11% 11% 11% 15% 11%
Compounded Sales Growth
10 Years: %
5 Years: 20%
3 Years: 13%
TTM: 32%
Compounded Profit Growth
10 Years: %
5 Years: 15%
3 Years: 9%
TTM: 33%
Stock Price CAGR
10 Years: 5%
5 Years: 11%
3 Years: -3%
1 Year: -63%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 11%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 5 5 5 5 5
Reserves 75 84 94 106 124 137
42 45 64 88 95 93
69 126 119 86 136 136
Total Liabilities 191 261 282 284 360 371
22 33 43 47 47 45
CWIP 0 4 1 0 0 0
Investments 0 0 0 0 0 0
169 224 239 237 313 326
Total Assets 191 261 282 284 360 371

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
7 11 8 -13 5 11
-3 -17 -9 -6 -3 -1
6 -6 10 14 3 -17
Net Cash Flow 10 -12 9 -5 5 -7

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 157 141 131 110 144 105
Inventory Days 309 260 258 189 314 253
Days Payable 123 164 147 77 160 110
Cash Conversion Cycle 343 236 242 221 298 248
Working Capital Days 107 86 70 87 102 88
ROCE % 17% 16% 14% 13% 14%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
46.45% 46.45% 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% 0.04% 0.07% 0.07%
53.57% 53.55% 53.55% 53.56% 53.55% 53.55% 53.57% 53.55% 53.54% 53.52% 53.50% 53.48%
No. of Shareholders 6,6086,4576,6836,7746,9477,1958,4458,8999,5489,7159,69410,328

* 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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