Axtel Industries Ltd
Axtel Industries is engaged in the business of Manufacturing of food processing plant & machinery.
- Market Cap ₹ 1,041 Cr.
- Current Price ₹ 644
- High / Low ₹ 850 / 246
- Stock P/E 27.5
- Book Value ₹ 67.0
- Dividend Yield 0.93 %
- ROCE 26.2 %
- ROE 18.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 32.3%
Cons
- Stock is trading at 9.62 times its book value
- Debtor days have increased from 96.3 to 125 days.
* 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: Engineering Industry: Engineering
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
58 | 60 | 48 | 39 | 67 | 76 | 82 | 111 | 100 | 153 | 144 | 180 | 238 | |
52 | 53 | 39 | 42 | 57 | 65 | 71 | 91 | 85 | 124 | 127 | 157 | 189 | |
Operating Profit | 6 | 7 | 9 | -2 | 10 | 11 | 10 | 20 | 14 | 29 | 17 | 23 | 50 |
OPM % | 11% | 11% | 19% | -6% | 15% | 14% | 12% | 18% | 14% | 19% | 12% | 13% | 21% |
0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 4 | 3 | 5 | 4 | 5 | |
Interest | 1 | 1 | 2 | 2 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 1 | 2 |
Depreciation | 1 | 1 | 3 | 4 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 2 |
Profit before tax | 4 | 5 | 4 | -8 | 6 | 8 | 8 | 18 | 15 | 29 | 19 | 23 | 50 |
Tax % | 32% | 33% | 34% | 4% | 16% | 18% | 25% | 29% | 27% | 26% | 26% | 25% | |
3 | 3 | 3 | -8 | 5 | 7 | 6 | 13 | 11 | 21 | 14 | 17 | 38 | |
EPS in Rs | 3.02 | 3.38 | 2.76 | -4.67 | 2.97 | 4.23 | 3.67 | 8.02 | 6.74 | 13.18 | 8.56 | 10.71 | 23.46 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | 41% | 19% | 37% | 46% | 23% | 28% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 17% |
3 Years: | 22% |
TTM: | 42% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 23% |
3 Years: | 15% |
TTM: | 191% |
Stock Price CAGR | |
---|---|
10 Years: | 57% |
5 Years: | 38% |
3 Years: | 32% |
1 Year: | 157% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 22% |
3 Years: | 22% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
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 | 10 | 10 | 10 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
Reserves | 13 | 15 | 17 | 10 | 14 | 21 | 27 | 36 | 39 | 55 | 65 | 80 | 92 |
8 | 15 | 17 | 12 | 10 | 5 | 4 | 1 | 8 | 1 | 0 | -0 | -0 | |
17 | 23 | 23 | 31 | 21 | 23 | 36 | 31 | 40 | 36 | 50 | 83 | 81 | |
Total Liabilities | 48 | 62 | 67 | 69 | 61 | 64 | 83 | 84 | 103 | 108 | 131 | 179 | 190 |
7 | 17 | 24 | 21 | 19 | 17 | 17 | 16 | 16 | 16 | 14 | 13 | 15 | |
CWIP | 3 | 3 | 0 | 0 | -0 | 0 | -0 | 0 | 1 | -0 | 0 | 5 | 7 |
Investments | 0 | -0 | -0 | -0 | -0 | 4 | 14 | 15 | 26 | 34 | 18 | 34 | 30 |
37 | 42 | 42 | 47 | 43 | 44 | 52 | 53 | 60 | 59 | 98 | 127 | 137 | |
Total Assets | 48 | 62 | 67 | 69 | 61 | 64 | 83 | 84 | 103 | 108 | 131 | 179 | 190 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 1 | 8 | 7 | -1 | 15 | 12 | 9 | 12 | 25 | -11 | 30 | |
-3 | -11 | -8 | -1 | -1 | -4 | -13 | -2 | -11 | -8 | 14 | -20 | |
2 | 6 | -0 | -1 | -4 | -6 | -1 | -6 | -2 | -13 | -5 | -5 | |
Net Cash Flow | 3 | -3 | 0 | 5 | -5 | 5 | -3 | 1 | -1 | 4 | -2 | 5 |
Ratios
Figures in Rs. Crores
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 | 79 | 105 | 134 | 121 | 99 | 86 | 90 | 64 | 43 | 48 | 116 | 125 |
Inventory Days | 117 | 78 | 191 | 327 | 158 | 123 | 161 | 146 | 235 | 101 | 175 | 172 |
Days Payable | 57 | 90 | 164 | 233 | 97 | 116 | 172 | 93 | 132 | 86 | 148 | 153 |
Cash Conversion Cycle | 140 | 92 | 160 | 216 | 160 | 93 | 78 | 117 | 147 | 62 | 143 | 143 |
Working Capital Days | 98 | 114 | 155 | 97 | 113 | 67 | 46 | 51 | 54 | 34 | 106 | 62 |
ROCE % | 19% | 16% | 15% | -14% | 18% | 22% | 19% | 39% | 27% | 43% | 22% | 26% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 3h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 18 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Apr
- Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 16 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 16 Apr
Annual reports
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Financial Year 2023
from bse
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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 2011
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Financial Year 2010
from bse
Overview[1]
Axtel is a specialist in engineering process systems for the food industry. It is recognized for expertise in Turnkey Systems, Product Development and Customer Service. Company's advanced manufacturing facility, located on Vadodara – Halol highway, is equipped to build robust and aesthetically designed machines.