Austin Engineering Company Ltd
Incorporated in 1973, Austin Engineering Company Ltd and its subsidiary AEC deals with various types of Bearings and their components for domestic and international market[1]
- Market Cap ₹ 73.5 Cr.
- Current Price ₹ 211
- High / Low ₹ 268 / 147
- Stock P/E 25.3
- Book Value ₹ 166
- Dividend Yield 0.00 %
- ROCE 8.81 %
- ROE 7.35 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.52% over past five years.
- Promoter holding is low: 34.2%
- Company has a low return on equity of 2.97% over last 3 years.
- Earnings include an other income of Rs.3.38 Cr.
* 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.
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
100 | 84 | 85 | 96 | 68 | 69 | 75 | 95 | 71 | 68 | 89 | 108 | 103 | |
89 | 78 | 80 | 90 | 69 | 71 | 76 | 92 | 72 | 68 | 87 | 104 | 101 | |
Operating Profit | 11 | 6 | 5 | 6 | -1 | -2 | -1 | 3 | -1 | -0 | 2 | 3 | 2 |
OPM % | 11% | 7% | 6% | 7% | -1% | -2% | -1% | 3% | -2% | -0% | 2% | 3% | 2% |
1 | 1 | 1 | 0 | 2 | 0 | 1 | 1 | 2 | 1 | 1 | 2 | 3 | |
Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
Depreciation | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 9 | 4 | 4 | 4 | -1 | -3 | -1 | 3 | -2 | -1 | 1 | 5 | 4 |
Tax % | 31% | 28% | 23% | 26% | 13% | 16% | -19% | 18% | 12% | 10% | -4% | 15% | |
6 | 3 | 3 | 3 | -1 | -3 | -1 | 2 | -1 | -1 | 1 | 4 | 3 | |
EPS in Rs | 18.32 | 7.76 | 8.83 | 9.46 | -3.48 | -7.79 | -3.57 | 5.98 | -3.94 | -2.16 | 4.08 | 11.59 | 8.37 |
Dividend Payout % | 14% | 19% | 17% | 16% | 0% | 0% | 0% | 8% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 8% |
3 Years: | 15% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 39% |
3 Years: | 70% |
TTM: | -23% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 31% |
3 Years: | 70% |
1 Year: | 30% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 7% |
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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 47 | 49 | 51 | 54 | 52 | 49 | 48 | 50 | 48 | 47 | 49 | 53 | 54 |
9 | 7 | 6 | 9 | 9 | 7 | 5 | 7 | 6 | 6 | 4 | 0 | 0 | |
25 | 26 | 28 | 28 | 27 | 27 | 30 | 27 | 31 | 30 | 31 | 28 | 30 | |
Total Liabilities | 84 | 85 | 88 | 94 | 92 | 87 | 86 | 88 | 89 | 87 | 88 | 84 | 87 |
14 | 14 | 13 | 12 | 12 | 11 | 10 | 10 | 11 | 10 | 10 | 11 | 12 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 7 |
69 | 71 | 75 | 82 | 79 | 75 | 75 | 77 | 77 | 76 | 76 | 70 | 69 | |
Total Assets | 84 | 85 | 88 | 94 | 92 | 87 | 86 | 88 | 89 | 87 | 88 | 84 | 87 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 4 | 3 | -0 | 2 | 3 | 4 | -1 | 4 | 10 | -0 | 6 | |
-2 | -2 | -1 | -1 | -1 | -0 | -0 | -1 | -2 | -0 | -2 | -6 | |
-2 | -3 | -3 | 2 | -3 | -3 | -2 | 1 | -2 | -1 | -3 | -4 | |
Net Cash Flow | -2 | -1 | -1 | 1 | -2 | 0 | 1 | -0 | 1 | 9 | -5 | -4 |
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 | 67 | 91 | 107 | 94 | 108 | 100 | 87 | 82 | 85 | 82 | 66 | 81 |
Inventory Days | 379 | 437 | 396 | 403 | 616 | 525 | 441 | 342 | 443 | 380 | 361 | 231 |
Days Payable | 137 | 169 | 167 | 148 | 172 | 188 | 179 | 119 | 97 | 133 | 149 | 94 |
Cash Conversion Cycle | 309 | 359 | 335 | 348 | 553 | 438 | 349 | 305 | 432 | 329 | 278 | 217 |
Working Capital Days | 145 | 179 | 194 | 196 | 278 | 252 | 221 | 198 | 248 | 211 | 173 | 145 |
ROCE % | 18% | 8% | 8% | 8% | -1% | -4% | -1% | 6% | -1% | 0% | 4% | 9% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 Apr - Reg. 24(A) Annual Secretarial Compliance Report for the year ended 31st March,2024 from PCS M/s Shahs & Associates, Company Secretaries.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr
-
Compliance Certificate From PCS Reg.40(9) &(10) Of SEBI (LODR) Reg.2015
16 Apr - Compliance certificate for the period 1st April,2023 to 31st March,2024 from PCS.
- Compliance Certificate For The Period 1St April, 2023 To 31St March,2024 From R&T 15 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Attached confirmation certificate of Reg.74(5) of SEBI ( DP ) Reg.2018 for the quarter/year ended 31st March,2024 for R&T.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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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
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
from bse
Business Overview:[1]
Company is a manufacturer of all types of
anti-friction bearings and exports to
the United States and European Union and
has a 100% subsidiary in the USA which also
acts on the marketing front.