Axtel Industries Ltd

About [ edit ]

Axtel Industries is engaged in the business of Manufacturing of food processing plant & machinery.

Key Points [ edit ]
  • Market Cap 512 Cr.
  • Current Price 317
  • High / Low 355 / 78.0
  • Stock P/E 23.9
  • Book Value 41.5
  • Dividend Yield 0.95 %
  • ROCE 26.7 %
  • ROE 20.2 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 32.21%
  • Debtor days have improved from 65.87 to 43.48 days.

Cons

  • Stock is trading at 7.64 times its book value

Peer comparison

Sector: Trading Industry: Trading

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
30.06 21.37 30.28 28.97 30.13 17.83 30.83 27.55 23.44 31.26 40.16 44.39
25.22 18.86 24.86 23.19 23.96 16.54 26.10 21.63 21.00 22.44 32.12 35.67
Operating Profit 4.84 2.51 5.42 5.78 6.17 1.29 4.73 5.92 2.44 8.82 8.04 8.72
OPM % 16.10% 11.75% 17.90% 19.95% 20.48% 7.23% 15.34% 21.49% 10.41% 28.21% 20.02% 19.64%
Other Income 0.29 0.24 0.84 0.63 -0.12 0.41 0.92 1.01 1.55 0.89 0.02 1.50
Interest 0.12 0.07 0.15 0.13 0.13 0.10 0.13 0.24 0.24 0.20 0.22 0.17
Depreciation 0.61 0.66 0.70 0.72 0.71 0.60 0.66 0.70 0.72 0.56 0.61 0.70
Profit before tax 4.40 2.02 5.41 5.56 5.21 1.00 4.86 5.99 3.03 8.95 7.23 9.35
Tax % 44.55% 0.00% 0.00% 0.00% 28.79% 29.00% 29.22% 25.71% 24.42% 25.14% 25.31% 25.13%
Net Profit 2.45 2.02 5.41 5.56 3.71 0.71 3.44 4.45 2.29 6.71 5.40 7.00
EPS in Rs 1.52 1.25 3.35 3.44 2.30 0.44 2.13 2.75 1.42 4.15 3.34 4.33
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
34 27 54 58 60 48 39 67 76 82 111 100 139
30 25 49 52 53 39 42 57 65 71 91 85 111
Operating Profit 4 2 5 6 7 9 -2 10 11 10 20 14 28
OPM % 11% 7% 10% 11% 11% 19% -6% 15% 14% 12% 18% 14% 20%
Other Income -0 0 0 0 0 0 0 0 1 1 2 4 4
Interest 0 0 0 1 1 2 2 1 1 0 0 1 1
Depreciation 1 1 1 1 1 3 4 3 3 2 3 3 3
Profit before tax 3 1 4 4 5 4 -8 6 8 8 18 15 29
Tax % 34% 38% 44% 32% 33% 34% 4% 16% 18% 25% 29% 27%
Net Profit 2 1 2 3 3 3 -8 5 7 6 13 11 21
EPS in Rs 1.92 0.66 2.42 3.02 3.38 2.76 -4.67 2.97 4.23 3.67 8.02 6.74 13.24
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 41% 19% 37%
Compounded Sales Growth
10 Years:14%
5 Years:21%
3 Years:9%
TTM:31%
Compounded Profit Growth
10 Years:32%
5 Years:28%
3 Years:17%
TTM:63%
Stock Price CAGR
10 Years:38%
5 Years:91%
3 Years:47%
1 Year:150%
Return on Equity
10 Years:15%
5 Years:21%
3 Years:22%
Last Year:20%

Balance Sheet

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
10 10 10 10 10 10 16 16 16 16 16 16 16
Reserves 5 6 8 11 15 17 10 14 21 27 36 39 51
Borrowings 3 2 7 8 15 17 12 10 5 4 1 8 6
8 12 21 19 23 23 31 21 23 36 31 40 44
Total Liabilities 26 30 47 48 62 67 69 61 64 83 84 103 117
7 6 7 7 17 24 21 19 17 17 16 16 16
CWIP 0 0 1 3 3 0 0 0 0 0 0 1 0
Investments 0 0 0 0 0 0 0 0 4 14 15 26 23
19 23 39 37 42 42 47 43 44 52 53 60 78
Total Assets 26 30 47 48 62 67 69 61 64 83 84 103 117

Cash Flows

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
-0 2 -2 5 1 8 7 -1 15 12 9 12
-2 -0 -2 -3 -11 -8 -1 -1 -4 -13 -2 -11
1 -1 5 2 6 -0 -1 -4 -6 -1 -6 -2
Net Cash Flow -1 0 1 3 -3 0 5 -5 5 -3 1 -1

Ratios

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 19% 8% 22% 20% 17% 15% -14% 18% 22% 19% 39% 27%
Debtor Days 81 62 110 79 105 134 121 99 86 90 64 43
Inventory Turnover 3.07 1.72 2.82 2.83 3.66 2.30 1.43 2.04 2.86 2.74 2.78 1.83

Shareholding Pattern

Numbers in percentages

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.00
50.05 50.05 50.05 50.05 50.05 50.05 50.05 50.03 50.05 50.05 50.05 50.05

Documents

Add document