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 ₹ 69.2 Cr.
- Current Price ₹ 199
- High / Low ₹ 268 / 167
- Stock P/E 16.3
- Book Value ₹ 182
- Dividend Yield 0.00 %
- ROCE 8.91 %
- ROE 6.17 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.17 times its book value
- Debtor days have improved from 102 to 75.1 days.
- Company's working capital requirements have reduced from 137 days to 108 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 34.2%
- Company has a low return on equity of 5.78% over last 3 years.
- Earnings include an other income of Rs.1.89 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
87 | 88 | 99 | 70 | 71 | 77 | 97 | 72 | 69 | 91 | 111 | 111 | 109 | |
80 | 82 | 93 | 72 | 72 | 77 | 94 | 74 | 70 | 89 | 107 | 107 | 104 | |
Operating Profit | 7 | 6 | 7 | -1 | -2 | -0 | 3 | -2 | -0 | 2 | 4 | 4 | 5 |
OPM % | 8% | 7% | 7% | -2% | -2% | -0% | 3% | -2% | -1% | 2% | 4% | 3% | 5% |
1 | 1 | 0 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 3 | 2 | |
Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
Depreciation | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 4 | 4 | 4 | -2 | -3 | -1 | 2 | -2 | -1 | 2 | 5 | 5 | 5 |
Tax % | 25% | 21% | 31% | -17% | -9% | 17% | 20% | -9% | -7% | -4% | 14% | 26% | |
3 | 4 | 3 | -2 | -3 | -1 | 2 | -2 | -1 | 2 | 4 | 4 | 4 | |
EPS in Rs | 9.11 | 10.12 | 8.86 | -4.54 | -8.57 | -3.42 | 5.61 | -4.72 | -2.88 | 4.80 | 12.48 | 10.58 | 12.23 |
Dividend Payout % | 16% | 15% | 17% | 0% | 0% | 0% | 9% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 3% |
3 Years: | 17% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | 13% |
3 Years: | 78% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 38% |
3 Years: | 45% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 3% |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 50 | 53 | 55 | 54 | 50 | 49 | 51 | 49 | 48 | 50 | 54 | 57 | 60 |
8 | 6 | 10 | 9 | 8 | 6 | 8 | 6 | 6 | 4 | 0 | 1 | 0 | |
28 | 30 | 29 | 28 | 28 | 30 | 28 | 35 | 35 | 41 | 46 | 32 | 34 | |
Total Liabilities | 89 | 92 | 98 | 94 | 89 | 88 | 90 | 93 | 92 | 98 | 103 | 94 | 97 |
14 | 13 | 12 | 12 | 11 | 11 | 10 | 11 | 10 | 10 | 11 | 12 | 12 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 15 | 18 |
75 | 79 | 85 | 82 | 77 | 77 | 79 | 82 | 82 | 86 | 89 | 67 | 67 | |
Total Assets | 89 | 92 | 98 | 94 | 89 | 88 | 90 | 93 | 92 | 98 | 103 | 94 | 97 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 4 | -1 | 2 | 4 | 4 | -0 | 5 | 9 | -0 | 5 | 15 | |
-2 | -1 | -1 | -1 | -0 | -0 | -1 | -2 | -0 | -2 | -3 | -14 | |
-3 | -3 | 2 | -3 | -3 | -2 | 1 | -3 | -1 | -3 | -4 | 1 | |
Net Cash Flow | 0 | -0 | 0 | -2 | 1 | 1 | 0 | 1 | 8 | -5 | -3 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 95 | 109 | 98 | 117 | 102 | 89 | 81 | 94 | 101 | 99 | 133 | 75 |
Inventory Days | 443 | 390 | 414 | 603 | 525 | 440 | 342 | 443 | 380 | 361 | 231 | 209 |
Days Payable | 184 | 177 | 162 | 185 | 192 | 185 | 122 | 128 | 172 | 217 | 212 | 105 |
Cash Conversion Cycle | 355 | 322 | 351 | 535 | 435 | 345 | 301 | 410 | 309 | 243 | 151 | 179 |
Working Capital Days | 173 | 188 | 195 | 277 | 249 | 217 | 193 | 235 | 203 | 167 | 137 | 108 |
ROCE % | 9% | 8% | 8% | -2% | -4% | -1% | 5% | -1% | -0% | 4% | 9% | 9% |
Documents
Announcements
- Revised Unaudited Financial Results For The Quarter Ended 30Th September,2024 26 Nov
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Newspapers advertisements clipping of Unaudited Financial Results for the quarter/half year ended 30th September,2024 on 15th November,2024
- Unaudited Financial Results For The Quarter Ended 30Th September,2024 14 Nov
-
Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended 30Th September,2024
14 Nov - Board approved standalone and consolidated financial results.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Nov - Find newspapers clipping of the company for intimation of Board Meeting held on 14th November, 2024
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
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.