Sibar Auto Parts Ltd
Incorporated in 1983, Sibar Auto Parts Ltd manufactures and sells automobile spare parts[1]
- Market Cap ₹ 16.3 Cr.
- Current Price ₹ 9.85
- High / Low ₹ 15.2 / 6.52
- Stock P/E
- Book Value ₹ 6.49
- Dividend Yield 0.00 %
- ROCE -0.64 %
- ROE -6.41 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 108 to 65.1 days.
- Company's working capital requirements have reduced from 40.6 days to 19.3 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.32% over past five years.
- Company has a low return on equity of -9.93% over last 3 years.
- Company's cost of borrowing seems high
* 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: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
12.03 | 10.97 | 12.21 | 16.21 | 15.94 | 19.32 | 23.09 | 27.22 | 20.17 | 11.72 | 21.87 | 25.89 | 21.25 | |
11.52 | 10.77 | 11.74 | 15.79 | 15.48 | 18.96 | 23.86 | 29.98 | 21.99 | 12.91 | 21.32 | 25.71 | 22.64 | |
Operating Profit | 0.51 | 0.20 | 0.47 | 0.42 | 0.46 | 0.36 | -0.77 | -2.76 | -1.82 | -1.19 | 0.55 | 0.18 | -1.39 |
OPM % | 4.24% | 1.82% | 3.85% | 2.59% | 2.89% | 1.86% | -3.33% | -10.14% | -9.02% | -10.15% | 2.51% | 0.70% | -6.54% |
2.12 | 1.86 | 0.58 | 0.23 | 0.20 | 0.75 | 0.62 | 0.75 | 0.08 | 0.11 | 0.69 | 1.05 | 1.61 | |
Interest | 0.00 | 0.00 | 0.00 | 0.04 | 0.37 | 0.56 | 0.67 | 0.66 | 0.57 | 0.55 | 0.61 | 0.65 | 0.53 |
Depreciation | 0.09 | 0.10 | 0.13 | 0.20 | 0.27 | 0.47 | 0.77 | 0.93 | 0.99 | 0.58 | 0.55 | 0.56 | 0.56 |
Profit before tax | 2.54 | 1.96 | 0.92 | 0.41 | 0.02 | 0.08 | -1.59 | -3.60 | -3.30 | -2.21 | 0.08 | 0.02 | -0.87 |
Tax % | 0.79% | -1.02% | 2.17% | 39.02% | 350.00% | 75.00% | -1.89% | -0.28% | -0.30% | 3.17% | -62.50% | -150.00% | |
2.52 | 1.97 | 0.90 | 0.25 | -0.04 | 0.02 | -1.62 | -3.61 | -3.31 | -2.14 | 0.12 | 0.06 | -0.84 | |
EPS in Rs | 4.55 | 3.56 | 1.63 | 0.26 | -0.04 | 0.02 | -1.44 | -2.31 | -2.00 | -1.29 | 0.07 | 0.04 | -0.51 |
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: | 9% |
5 Years: | 2% |
3 Years: | 9% |
TTM: | -20% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 21% |
TTM: | -304% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | -18% |
3 Years: | 14% |
1 Year: | 41% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -17% |
3 Years: | -10% |
Last Year: | -6% |
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 | 5.54 | 5.54 | 5.54 | 9.54 | 9.54 | 9.54 | 11.28 | 15.60 | 16.53 | 16.53 | 16.53 | 16.53 | 16.53 |
Reserves | -9.45 | -7.48 | -6.57 | -6.32 | -6.37 | -1.89 | -1.14 | -0.85 | -3.47 | -5.61 | -5.49 | -5.43 | -5.81 |
8.39 | 6.65 | 5.78 | 2.36 | 4.82 | 7.36 | 6.79 | 3.97 | 3.63 | 4.58 | 5.14 | 3.90 | 2.45 | |
2.39 | 2.44 | 3.90 | 3.82 | 3.45 | 5.04 | 7.94 | 6.31 | 3.68 | 4.89 | 8.02 | 8.29 | 10.77 | |
Total Liabilities | 6.87 | 7.15 | 8.65 | 9.40 | 11.44 | 20.05 | 24.87 | 25.03 | 20.37 | 20.39 | 24.20 | 23.29 | 23.94 |
1.81 | 1.90 | 2.10 | 3.13 | 4.34 | 10.34 | 12.70 | 12.42 | 12.26 | 11.83 | 11.52 | 11.26 | 11.15 | |
CWIP | 0.25 | 0.00 | 0.35 | 0.00 | 0.73 | 1.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
4.74 | 5.18 | 6.13 | 6.20 | 6.30 | 8.59 | 12.17 | 12.61 | 8.11 | 8.56 | 12.68 | 12.03 | 12.79 | |
Total Assets | 6.87 | 7.15 | 8.65 | 9.40 | 11.44 | 20.05 | 24.87 | 25.03 | 20.37 | 20.39 | 24.20 | 23.29 | 23.94 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4.56 | 1.22 | 1.72 | 0.20 | 0.35 | 0.55 | 0.13 | -5.27 | 0.50 | -0.46 | 0.62 | 2.02 | |
-0.52 | 0.04 | -0.65 | -0.99 | -2.23 | -1.84 | -2.01 | -0.65 | -0.82 | -0.16 | -0.24 | -0.29 | |
-4.04 | -1.08 | -0.91 | 0.69 | 1.65 | 1.39 | 3.27 | 4.57 | 0.46 | 0.35 | -0.23 | -1.89 | |
Net Cash Flow | 0.00 | 0.18 | 0.16 | -0.10 | -0.22 | 0.10 | 1.39 | -1.34 | 0.14 | -0.27 | 0.15 | -0.17 |
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 | 73.12 | 83.51 | 97.75 | 82.64 | 86.33 | 88.79 | 82.36 | 57.53 | 43.61 | 127.69 | 130.51 | 65.13 |
Inventory Days | 33.84 | 41.18 | 32.27 | 61.26 | 64.22 | 112.40 | 126.36 | 115.23 | 116.42 | 152.98 | 108.80 | 144.21 |
Days Payable | 153.34 | 116.78 | 177.21 | 152.38 | 104.05 | 149.87 | 185.34 | 105.45 | 79.30 | 185.72 | 173.38 | 122.52 |
Cash Conversion Cycle | -46.39 | 7.92 | -47.19 | -8.48 | 46.49 | 51.33 | 23.37 | 67.30 | 80.74 | 94.95 | 65.94 | 86.83 |
Working Capital Days | 61.90 | 73.20 | 45.14 | 41.43 | 49.00 | 44.59 | 29.72 | 40.23 | 43.61 | 57.30 | 45.23 | 19.31 |
ROCE % | 8.49% | 2.61% | 7.82% | 5.03% | 5.01% | 5.57% | -5.76% | -16.49% | -14.57% | -10.31% | 0.19% | -0.64% |
Documents
Announcements
- Closure of Trading Window 19m
- Disclosure Under Regulation 32(1) Of SEBI (LODR) Regulations, 2015 14 Feb
- Submission Of Un-Audited Financial Results For The Third Quarter Ended On 31St December, 2023 As Per The SEBI (LODR) Regulations, 2015 14 Feb
- Board Meeting Outcome for Outcome Of The Board Meeting Held On 14.02.2024 14 Feb
- Board Meeting Intimation for Notice Of Board Meeting To Be Held On Wednesday, The 14Th Day Of February, 2024 3 Feb
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
Company is in technical collaboration with an Italian firm to refine its technology in Electroplating. It manufactures auto components viz Cylinder Heads, Crankcases for Three Wheelers, Aluminium parts for CAC tanks, Aluminium Parts in Electrical Segments such as Connectors, Core boxes etc. Company has given Nickel Silicon Coated Electro Plated Cylinder blocks for trials for 2 wheeler manufacturers