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 ₹ 62.4 Cr.
- Current Price ₹ 179
- High / Low ₹ 216 / 102
- Stock P/E 15.1
- Book Value ₹ 169
- Dividend Yield 0.00 %
- ROCE 9.27 %
- ROE 7.81 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.06 times its book value
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 3.13% over last 3 years.
- Earnings include an other income of Rs.2.91 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
105 | 87 | 88 | 99 | 70 | 71 | 77 | 97 | 72 | 69 | 91 | 111 | 106 | |
93 | 80 | 82 | 93 | 72 | 72 | 77 | 94 | 74 | 70 | 89 | 107 | 103 | |
Operating Profit | 11 | 7 | 6 | 7 | -1 | -2 | -0 | 3 | -2 | -0 | 2 | 4 | 3 |
OPM % | 11% | 8% | 7% | 7% | -2% | -2% | -0% | 3% | -2% | -1% | 2% | 3% | 3% |
1 | 1 | 1 | 0 | 2 | 1 | 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 | -2 | -3 | -1 | 2 | -2 | -1 | 2 | 5 | 5 |
Tax % | 30% | 25% | 21% | 31% | 17% | 9% | -17% | 20% | 9% | 7% | -4% | 14% | |
7 | 3 | 4 | 3 | -2 | -3 | -1 | 2 | -2 | -1 | 2 | 4 | 4 | |
EPS in Rs | 19.01 | 9.11 | 10.12 | 8.86 | -4.54 | -8.57 | -3.42 | 5.61 | -4.72 | -2.88 | 4.80 | 12.48 | 11.89 |
Dividend Payout % | 13% | 16% | 15% | 17% | 0% | 0% | 0% | 9% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 8% |
3 Years: | 15% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 41% |
3 Years: | 67% |
TTM: | 52% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 22% |
3 Years: | 74% |
1 Year: | 33% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 48 | 50 | 53 | 55 | 54 | 50 | 49 | 51 | 49 | 48 | 50 | 54 | 55 |
9 | 8 | 6 | 10 | 9 | 8 | 6 | 8 | 6 | 6 | 4 | 0 | 0 | |
27 | 28 | 30 | 29 | 28 | 28 | 30 | 28 | 35 | 35 | 41 | 46 | 44 | |
Total Liabilities | 87 | 89 | 92 | 98 | 94 | 89 | 88 | 90 | 93 | 92 | 98 | 103 | 103 |
15 | 14 | 13 | 12 | 12 | 11 | 11 | 10 | 11 | 10 | 10 | 11 | 12 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 7 |
72 | 75 | 79 | 85 | 82 | 77 | 77 | 79 | 82 | 82 | 86 | 89 | 84 | |
Total Assets | 87 | 89 | 92 | 98 | 94 | 89 | 88 | 90 | 93 | 92 | 98 | 103 | 103 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
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 | 5 | 4 | -1 | 2 | 4 | 4 | -0 | 5 | 9 | -0 | 5 | |
-2 | -2 | -1 | -1 | -1 | -0 | -0 | -1 | -2 | -0 | -2 | -3 | |
-2 | -3 | -3 | 2 | -3 | -3 | -2 | 1 | -3 | -1 | -3 | -4 | |
Net Cash Flow | -2 | 0 | -0 | 0 | -2 | 1 | 1 | 0 | 1 | 8 | -5 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 70 | 95 | 109 | 98 | 117 | 102 | 89 | 81 | 94 | 101 | 99 | 133 |
Inventory Days | 370 | 443 | 390 | 414 | 603 | 525 | 440 | 342 | 443 | 380 | 361 | 231 |
Days Payable | 144 | 184 | 177 | 162 | 185 | 192 | 185 | 122 | 128 | 172 | 217 | 212 |
Cash Conversion Cycle | 296 | 355 | 322 | 351 | 535 | 435 | 345 | 301 | 410 | 309 | 243 | 151 |
Working Capital Days | 138 | 173 | 188 | 195 | 277 | 249 | 217 | 193 | 235 | 203 | 167 | 137 |
ROCE % | 19% | 9% | 8% | 8% | -2% | -4% | -1% | 5% | -1% | -0% | 4% | 9% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 29 Nov
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Nov - Apf New papers advertisements clipping of Unaudited Financial Results of the company for the quarter ended 30th September,2023.
- Unaudited Financial Result For The Quarter Ended 30Th September,2023 9 Nov
- Board Meeting Outcome for Outcome Board Meeting Financial Results For The Quarter Ended 30Th September,2023 9 Nov
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 4 Nov
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]
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.