Aeonx Digital Technology Ltd

Aeonx Digital Technology Ltd

₹ 123 1.32%
16 Apr 4:01 p.m.
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 56.6 Cr.
  • Current Price 123
  • High / Low 216 / 88.0
  • Stock P/E 29.2
  • Book Value 94.0
  • Dividend Yield 0.81 %
  • ROCE 6.29 %
  • ROE 4.89 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • The company has delivered a poor sales growth of -29.3% over past five years.
  • Company has a low return on equity of 5.35% over last 3 years.
  • Earnings include an other income of Rs.3.44 Cr.
  • Company has high debtors of 257 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

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
7.48 1.73 9.57 2.10 3.28 2.23 4.15 4.69 11.11 7.77 7.83 7.47 8.93
8.39 2.39 9.92 2.33 4.07 2.90 3.78 5.76 10.73 7.97 8.02 7.58 8.59
Operating Profit -0.91 -0.66 -0.35 -0.23 -0.79 -0.67 0.37 -1.07 0.38 -0.20 -0.19 -0.11 0.34
OPM % -12.17% -38.15% -3.66% -10.95% -24.09% -30.04% 8.92% -22.81% 3.42% -2.57% -2.43% -1.47% 3.81%
4.17 1.41 0.69 0.54 1.05 1.12 0.71 0.96 0.40 2.31 0.30 1.07 -0.24
Interest 0.07 0.11 0.07 0.09 0.09 0.06 0.06 0.06 0.04 0.01 -0.00 0.04 0.04
Depreciation 0.14 0.15 0.13 0.14 0.14 0.22 0.20 0.21 0.21 0.22 0.17 0.26 0.30
Profit before tax 3.05 0.49 0.14 0.08 0.03 0.17 0.82 -0.38 0.53 1.88 -0.06 0.66 -0.24
Tax % 32.79% 69.39% 7.14% 75.00% -966.67% -264.71% 24.39% 23.68% -32.08% 33.51% 33.33% 31.82% -79.17%
2.04 0.15 0.13 0.03 0.32 0.61 0.62 -0.30 0.69 1.24 -0.03 0.45 -0.44
EPS in Rs 4.43 0.33 0.28 0.07 0.70 1.33 1.35 -0.65 1.50 2.70 -0.07 0.98 -0.96
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
160.72 157.21 171.56 112.51 20.02 17.18 27.72 32.00
155.86 153.89 173.24 126.17 21.98 19.22 28.27 32.16
Operating Profit 4.86 3.32 -1.68 -13.66 -1.96 -2.04 -0.55 -0.16
OPM % 3.02% 2.11% -0.98% -12.14% -9.79% -11.87% -1.98% -0.50%
3.35 4.52 1.59 6.55 6.98 3.40 4.39 3.44
Interest 1.82 2.05 1.48 0.91 0.31 0.31 0.16 0.09
Depreciation 1.05 1.14 1.18 0.65 0.58 0.63 0.84 0.95
Profit before tax 5.34 4.65 -2.75 -8.67 4.13 0.42 2.84 2.24
Tax % 35.77% 37.63% -4.73% 17.88% 17.19% -164.29% 20.42%
3.43 2.90 -2.89 -7.12 3.42 1.10 2.25 1.22
EPS in Rs 7.46 6.30 -6.28 -15.48 7.43 2.39 4.89 2.65
Dividend Payout % 13.41% 15.86% -15.92% -3.23% 6.73% 20.91% 20.44%
Compounded Sales Growth
10 Years: %
5 Years: -29%
3 Years: -37%
TTM: 44%
Compounded Profit Growth
10 Years: %
5 Years: -7%
3 Years: 30%
TTM: 20%
Stock Price CAGR
10 Years: 22%
5 Years: 18%
3 Years: 15%
1 Year: 30%
Return on Equity
10 Years: %
5 Years: -3%
3 Years: 5%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4.60 4.60 4.60 4.60 4.60 4.60 4.60 4.60
Reserves 42.13 44.13 40.72 32.67 35.85 36.72 38.72 38.66
11.64 10.31 8.40 5.99 3.27 3.62 0.20 1.03
54.06 52.35 54.87 20.80 14.49 15.39 12.72 15.53
Total Liabilities 112.43 111.39 108.59 64.06 58.21 60.33 56.24 59.82
15.07 15.23 14.58 13.84 13.69 13.95 13.36 14.69
CWIP 0.52 0.05 0.25 0.24 -0.00 -0.00 0.02 0.35
Investments -0.00 -0.00 -0.00 -0.00 -0.00 7.40 1.25 4.36
96.84 96.11 93.76 49.98 44.52 38.98 41.61 40.42
Total Assets 112.43 111.39 108.59 64.06 58.21 60.33 56.24 59.82

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-15.03 6.64 -1.65 2.90 2.29 0.75 0.34
-2.49 -0.83 -0.88 3.77 -0.19 -8.29 5.87
1.78 -0.28 -3.22 -2.92 -1.24 1.56 -1.60
Net Cash Flow -15.75 5.54 -5.75 3.75 0.86 -5.98 4.61

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 77.15 64.03 65.34 38.61 208.21 239.86 257.03
Inventory Days 63.42 71.30 49.39 2.02 13.25 29.36 18.25
Days Payable 106.58 53.75 60.94 33.71 303.56 432.26 235.93
Cash Conversion Cycle 33.98 81.58 53.79 6.92 -82.11 -163.04 39.35
Working Capital Days 87.53 82.77 76.12 66.96 374.12 418.75 265.72
ROCE % 11.41% -2.18% -23.57% 10.14% 1.31% 6.29%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
54.79% 54.79% 54.81% 54.81% 54.81% 54.81% 54.81% 54.81% 54.76% 54.76% 54.76% 54.76%
0.65% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.31% 1.40% 1.52% 1.59%
44.55% 45.21% 45.19% 45.19% 45.19% 45.19% 45.20% 45.19% 43.93% 43.84% 43.71% 43.65%
No. of Shareholders 4,2874,1994,2704,3344,3084,3524,4454,0293,9373,8864,3794,460

* 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.

Click on the line-items to see the names of individual entities.

Documents