Aeonx Digital Technology Ltd

Aeonx Digital Technology Ltd

₹ 107 0.47%
25 Apr - close price
About

Incorporated in 1992, Ashok Alco - chem Limited is engaged in the business of manufacturing and marketing of Organic Chemicals and Trading in Minerals.

Key Points

Products and Application:
The company's products are under three divisions:
a) Chemical Division:[1]
This consists of three main products viz.,
Ethyl Acetate: It is used in a variety of coating formulations
Glacial Acetic Acid: It is used in paint, varnish, lacquer and related products
Acetaldehyde: It is used as an intermediate for the synthesis of other chemicals

  • Market Cap 49.3 Cr.
  • Current Price 107
  • High / Low 216 / 88.0
  • Stock P/E 29.5
  • Book Value 89.6
  • Dividend Yield 0.93 %
  • ROCE 5.77 %
  • ROE 4.38 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 1.20 times its book value

Cons

  • The company has delivered a poor sales growth of -38.7% over past five years.
  • Company has a low return on equity of 4.37% over last 3 years.
  • Earnings include an other income of Rs.3.60 Cr.
  • Company has high debtors of 440 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: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
6.53 0.00 7.62 0.00 0.00 0.10 0.77 2.18 6.39 4.18 3.50 2.07 2.85
7.33 0.53 8.35 0.58 1.01 0.90 1.20 2.75 6.95 4.70 3.83 2.70 3.40
Operating Profit -0.80 -0.53 -0.73 -0.58 -1.01 -0.80 -0.43 -0.57 -0.56 -0.52 -0.33 -0.63 -0.55
OPM % -12.25% -9.58% -800.00% -55.84% -26.15% -8.76% -12.44% -9.43% -30.43% -19.30%
4.21 1.47 0.82 0.68 0.68 0.66 0.76 1.05 0.65 2.17 0.39 1.18 -0.14
Interest 0.00 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.03 0.03 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax 3.38 0.87 0.07 0.08 -0.35 -0.15 0.32 0.47 0.08 1.64 0.05 0.54 -0.70
Tax % 33.43% -10.34% 28.57% 25.00% 25.71% 40.00% 25.00% 17.02% 12.50% 25.61% 20.00% 24.07% -15.71%
2.25 0.96 0.06 0.07 -0.25 -0.09 0.24 0.39 0.07 1.21 0.04 0.41 -0.80
EPS in Rs 4.89 2.09 0.13 0.15 -0.54 -0.20 0.52 0.85 0.15 2.63 0.09 0.89 -1.74
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
318.83 235.90 222.69 351.20 339.60 147.34 155.78 170.43 112.04 15.57 7.73 13.52 12.60
315.03 228.75 216.05 331.48 321.51 144.84 151.88 172.18 124.69 17.53 10.85 15.60 14.63
Operating Profit 3.80 7.15 6.64 19.72 18.09 2.50 3.90 -1.75 -12.65 -1.96 -3.12 -2.08 -2.03
OPM % 1.19% 3.03% 2.98% 5.62% 5.33% 1.70% 2.50% -1.03% -11.29% -12.59% -40.36% -15.38% -16.11%
2.79 4.31 2.70 3.85 3.28 3.25 4.54 1.58 6.56 7.13 2.85 4.63 3.60
Interest 1.04 0.76 0.57 0.76 0.76 1.77 2.03 1.47 0.90 0.04 0.00 0.00 0.00
Depreciation 0.99 1.17 1.10 0.84 0.89 1.02 1.12 1.17 0.62 0.11 0.06 0.04 0.04
Profit before tax 4.56 9.53 7.67 21.97 19.72 2.96 5.29 -2.81 -7.61 5.02 -0.33 2.51 1.53
Tax % 23.46% 35.89% 37.16% 33.91% 37.22% 34.46% 33.08% -5.69% 20.63% 24.50% 33.33% 23.90%
3.49 6.11 4.82 14.51 12.38 1.93 3.55 -2.97 -6.04 3.79 -0.22 1.91 0.86
EPS in Rs 9.24 16.18 11.61 31.54 26.91 4.20 7.72 -6.46 -13.13 8.24 -0.48 4.15 1.87
Dividend Payout % 0.00% 0.00% 0.00% 3.17% 3.72% 23.83% 12.96% -15.49% -3.81% 6.07% -104.55% 24.08%
Compounded Sales Growth
10 Years: -25%
5 Years: -39%
3 Years: -51%
TTM: 33%
Compounded Profit Growth
10 Years: -12%
5 Years: -13%
3 Years: 30%
TTM: 174%
Stock Price CAGR
10 Years: 20%
5 Years: 16%
3 Years: 5%
1 Year: 15%
Return on Equity
10 Years: 8%
5 Years: -4%
3 Years: 4%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 3.78 3.78 4.15 4.60 4.60 4.60 4.60 4.60 4.60 4.60 4.60 4.60 4.60
Reserves 2.18 8.29 13.86 28.70 40.53 39.14 42.31 38.82 31.84 35.40 34.95 36.63 36.62
7.02 6.45 1.84 1.15 6.94 11.61 10.31 8.40 0.00 0.00 0.00 0.00 0.00
88.25 78.32 75.24 72.73 77.44 49.65 49.63 54.81 19.09 12.22 12.46 11.02 13.09
Total Liabilities 101.23 96.84 95.09 107.18 129.51 105.00 106.85 106.63 55.53 52.22 52.01 52.25 54.31
9.55 11.96 11.12 11.36 13.81 15.01 15.19 14.55 0.03 0.15 0.09 0.06 0.05
CWIP 0.28 0.00 1.02 0.38 0.00 0.52 0.05 0.25 0.24 0.00 0.00 0.00 0.00
Investments 0.25 0.00 0.00 0.00 0.73 0.73 0.73 0.73 8.65 8.65 14.54 14.15 18.01
91.15 84.88 82.95 95.44 114.97 88.74 90.88 91.10 46.61 43.42 37.38 38.04 36.25
Total Assets 101.23 96.84 95.09 107.18 129.51 105.00 106.85 106.63 55.53 52.22 52.01 52.25 54.31

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
19.70 4.98 4.96 10.05 1.53 -14.90 6.62 -1.07 2.67 -0.68 -2.36 0.44
-10.78 -3.27 -1.12 -0.18 -2.40 -2.59 -0.82 -0.88 9.67 0.00 -5.89 0.39
-8.55 -0.58 -3.21 -0.34 5.07 1.81 -0.23 -3.20 -8.86 1.95 2.45 2.46
Net Cash Flow 0.37 1.13 0.63 9.53 4.19 -15.69 5.57 -5.15 3.47 1.26 -5.80 3.28

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 74.55 66.24 49.61 54.38 65.35 75.46 55.81 61.57 34.89 212.15 401.36 440.05
Inventory Days 5.82 22.23 36.98 21.05 30.27 66.17 71.47 49.49 0.00 0.00 0.00 0.00
Days Payable 134.53 184.42 177.53 92.75 94.30 100.96 46.71 61.22
Cash Conversion Cycle -54.15 -95.96 -90.94 -17.32 1.31 40.67 80.57 49.84 34.89 212.15 401.36 440.05
Working Capital Days -21.26 -0.84 0.15 10.58 20.99 88.93 80.04 71.98 64.83 529.10 1,071.86 582.33
ROCE % 39.11% 65.33% 43.42% 83.72% 47.34% 8.79% 13.01% -2.38% -23.52% 13.16% -1.21% 5.77%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
54.79% 54.81% 54.81% 54.81% 54.81% 54.81% 54.81% 54.76% 54.76% 54.76% 54.76% 54.76%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.31% 1.40% 1.52% 1.59% 2.47%
45.21% 45.19% 45.19% 45.19% 45.19% 45.20% 45.19% 43.93% 43.84% 43.71% 43.65% 42.77%
No. of Shareholders 4,1994,2704,3344,3084,3524,4454,0293,9373,8864,3794,4604,199

* 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.

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