Austin Engineering Company Ltd

Austin Engineering Company Ltd

₹ 149 -1.55%
11 Jun - close price
About

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]

Key Points

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.

  • Market Cap 52.0 Cr.
  • Current Price 149
  • High / Low 252 / 136
  • Stock P/E 13.5
  • Book Value 189
  • Dividend Yield 0.00 %
  • ROCE 7.87 %
  • ROE 6.08 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.79 times its book value
  • Debtor days have improved from 90.8 to 64.6 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 8.09% over past five years.
  • Promoter holding is low: 34.2%
  • Company has a low return on equity of 6.65% over last 3 years.
  • Earnings include an other income of Rs.2.11 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
29.68 30.55 28.93 25.86 25.46 26.83 28.02 25.52 31.01 26.08 26.28 24.74 29.57
28.52 29.15 28.14 24.15 25.54 25.41 27.64 24.74 29.82 24.31 25.06 23.74 29.04
Operating Profit 1.16 1.40 0.79 1.71 -0.08 1.42 0.38 0.78 1.19 1.77 1.22 1.00 0.53
OPM % 3.91% 4.58% 2.73% 6.61% -0.31% 5.29% 1.36% 3.06% 3.84% 6.79% 4.64% 4.04% 1.79%
0.36 0.17 0.88 0.03 1.41 0.12 1.35 0.51 0.90 0.12 0.36 0.59 1.05
Interest 0.33 0.06 0.08 0.07 0.08 0.06 0.09 0.06 0.10 0.07 0.06 0.06 0.09
Depreciation 0.16 0.22 0.23 0.23 0.29 0.34 0.28 0.28 0.48 0.34 0.36 0.36 0.51
Profit before tax 1.03 1.29 1.36 1.44 0.96 1.14 1.36 0.95 1.51 1.48 1.16 1.17 0.98
Tax % 29.13% 63.57% 3.68% 8.33% -29.17% 43.86% 32.35% 45.26% -5.96% 21.62% 13.79% 30.77% 9.18%
0.73 0.47 1.31 1.32 1.24 0.65 0.92 0.51 1.60 1.15 0.99 0.81 0.89
EPS in Rs 2.10 1.35 3.77 3.80 3.57 1.87 2.65 1.47 4.60 3.31 2.85 2.33 2.56
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
88 99 70 71 77 97 72 69 91 111 111 107
82 93 72 72 77 94 74 70 89 107 107 102
Operating Profit 6 7 -1 -2 -0 3 -2 -0 2 4 4 5
OPM % 7% 7% -2% -2% -0% 3% -2% -1% 2% 4% 3% 4%
1 0 2 1 1 1 2 1 1 2 3 2
Interest 1 1 1 1 1 1 1 1 1 0 0 0
Depreciation 2 1 1 1 1 1 1 1 1 1 1 2
Profit before tax 4 4 -2 -3 -1 2 -2 -1 2 5 5 5
Tax % 21% 31% -17% -9% 17% 20% -9% -7% -4% 14% 26% 20%
4 3 -2 -3 -1 2 -2 -1 2 4 4 4
EPS in Rs 10.12 8.86 -4.54 -8.57 -3.42 5.61 -4.72 -2.88 4.80 12.48 10.58 11.04
Dividend Payout % 15% 17% -0% -0% -0% 9% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 1%
5 Years: 8%
3 Years: 5%
TTM: -4%
Compounded Profit Growth
10 Years: 2%
5 Years: 34%
3 Years: 32%
TTM: 5%
Stock Price CAGR
10 Years: 9%
5 Years: 37%
3 Years: 32%
1 Year: -32%
Return on Equity
10 Years: 1%
5 Years: 4%
3 Years: 7%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 53 55 54 50 49 51 49 48 50 54 57 62
6 10 9 8 6 8 6 6 4 -0 1 1
30 29 28 28 30 28 35 35 41 46 32 31
Total Liabilities 92 98 94 89 88 90 93 92 98 103 94 98
13 12 12 11 11 10 11 10 10 11 12 14
CWIP -0 -0 0 -0 -0 -0 -0 -0 -0 -0 1 0
Investments 0 0 0 0 0 0 -0 -0 2 3 15 19
79 85 82 77 77 79 82 82 86 89 67 65
Total Assets 92 98 94 89 88 90 93 92 98 103 94 98

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
4 -1 2 4 4 -0 5 9 -0 5 15 7
-1 -1 -1 -0 -0 -1 -2 -0 -2 -3 -14 -6
-3 2 -3 -3 -2 1 -3 -1 -3 -4 1 -0
Net Cash Flow -0 0 -2 1 1 0 1 8 -5 -3 1 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 109 98 117 102 89 81 94 101 99 133 75 65
Inventory Days 390 414 603 525 440 342 443 380 361 231 209 279
Days Payable 177 162 185 192 185 122 128 172 217 212 105 139
Cash Conversion Cycle 322 351 535 435 345 301 410 309 243 151 179 205
Working Capital Days 188 195 277 249 217 193 235 203 167 137 108 168
ROCE % 8% 8% -2% -4% -1% 5% -1% -0% 4% 9% 9% 8%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
34.00% 34.01% 34.17% 34.17% 34.17% 34.17% 34.17% 34.17% 34.17% 34.17% 34.17% 34.17%
2.30% 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% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
63.70% 65.99% 65.76% 65.77% 65.76% 65.76% 65.76% 65.76% 65.76% 65.76% 65.76% 65.77%
No. of Shareholders 4,1374,2404,2444,2254,4494,5644,4105,0304,8564,6184,6484,644

* 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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