Akar Auto Industries Ltd

Akar Auto Indust Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Akar Auto Industries Ltd

₹ 136 -0.48%
13 Dec - close price
akartoolsltd.com BSE: 530621
About

Incorporated in 1989, Akar Auto Industries Ltd manufactures automobile parts for heavy commercial vehicles and passenger vehicles[1]

Key Points

Business Overview:[1]
AAIL is a forward integrated enterprise of R.L. Group of Industries. It is in the business of manufacturing precision engineered forging components, Hand Tools and Leaf Springs for major Auto & Non-Auto OEM's

Website BSE
  • Market Cap ₹ 147 Cr.
  • Current Price ₹ 136
  • High / Low ₹ 170 / 87.8
  • Stock P/E 23.4
  • Book Value ₹ 44.4
  • Dividend Yield 0.44 %
  • ROCE 17.3 %
  • ROE 13.1 %
  • Face Value ₹ 5.00
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Pros

Cons

  • Company has low interest coverage ratio.

* 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: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
59.84 65.38 86.80 82.57 88.42 94.40 101.68 89.77 95.76 93.66 94.62 94.94 95.96
55.41 60.61 81.00 78.01 83.42 88.55 94.88 84.62 90.19 87.19 87.92 88.60 88.63
Operating Profit 4.43 4.77 5.80 4.56 5.00 5.85 6.80 5.15 5.57 6.47 6.70 6.34 7.33
OPM % 7.40% 7.30% 6.68% 5.52% 5.65% 6.20% 6.69% 5.74% 5.82% 6.91% 7.08% 6.68% 7.64%
0.02 0.12 0.43 0.03 0.04 0.06 0.05 0.05 0.06 0.03 0.10 0.06 0.05
Interest 1.83 2.09 2.22 1.90 2.21 2.64 3.29 2.22 2.47 2.78 3.71 2.90 3.28
Depreciation 1.15 1.10 1.02 0.99 1.00 1.01 1.05 0.95 0.90 1.07 1.12 1.20 1.21
Profit before tax 1.47 1.70 2.99 1.70 1.83 2.26 2.51 2.03 2.26 2.65 1.97 2.30 2.89
Tax % -4.76% -23.53% 30.43% 27.65% 31.15% 28.76% -11.16% 43.35% 35.40% 27.17% 51.78% 33.48% 36.33%
1.54 2.10 2.08 1.23 1.26 1.60 2.79 1.15 1.46 1.92 0.96 1.54 1.84
EPS in Rs 1.43 1.95 1.93 1.14 1.17 1.48 2.59 1.07 1.35 1.78 0.89 1.43 1.71
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
141 142 159 184 189 241 277 198 187 269 366 373 379
132 133 149 171 175 223 258 188 178 250 344 349 352
Operating Profit 9 9 9 12 14 18 18 9 9 19 22 24 27
OPM % 7% 6% 6% 7% 7% 8% 7% 5% 5% 7% 6% 6% 7%
0 0 1 0 0 -1 -0 0 2 1 0 0 0
Interest 5 5 6 7 7 8 8 8 8 8 10 11 13
Depreciation 2 2 3 3 3 4 4 4 4 4 4 4 5
Profit before tax 2 1 2 3 4 5 6 -2 -2 7 8 9 10
Tax % 42% 49% 32% 36% 37% 36% 12% 23% 35% 6% 17% 38%
1 1 1 2 2 3 5 -3 -3 7 7 5 6
EPS in Rs 0.86 0.64 1.14 1.70 2.28 2.97 4.83 -2.84 -2.63 6.38 6.38 5.09 5.81
Dividend Payout % 29% 47% 31% 29% 24% 19% 11% 0% 0% 4% 8% 12%
Compounded Sales Growth
10 Years: 10%
5 Years: 6%
3 Years: 26%
TTM: -1%
Compounded Profit Growth
10 Years: 23%
5 Years: -1%
3 Years: 58%
TTM: -11%
Stock Price CAGR
10 Years: 26%
5 Years: 47%
3 Years: 32%
1 Year: 4%
Return on Equity
10 Years: 9%
5 Years: 8%
3 Years: 18%
Last Year: 13%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5 5 5 5 5 5 5 5 5 5 5 5 5
Reserves 19 19 18 20 20 23 27 23 20 27 34 39 42
39 35 35 45 51 57 66 66 79 71 65 83 76
45 50 56 56 49 56 54 50 55 55 83 89 108
Total Liabilities 109 110 115 126 125 140 153 144 159 159 187 216 232
35 34 29 30 35 37 39 43 42 38 41 55 53
CWIP 0 0 0 1 3 1 4 0 0 0 1 0 1
Investments 1 1 0 0 0 0 0 0 0 0 0 0 0
72 75 86 95 88 102 110 101 117 121 145 161 178
Total Assets 109 110 115 126 125 140 153 144 159 159 187 216 232

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
8 11 6 1 12 9 7 14 0 15 25 10
-1 -1 1 -4 -10 -4 -8 -5 -1 0 -8 -17
-7 -9 -7 3 -2 -4 1 -9 1 -15 -16 7
Net Cash Flow -1 0 0 0 0 1 -0 1 -1 1 1 -0

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 59 60 65 71 60 56 50 57 77 48 49 54
Inventory Days 181 188 176 147 145 127 125 180 223 167 121 140
Days Payable 176 200 185 148 106 95 82 111 127 93 99 110
Cash Conversion Cycle 64 48 56 70 100 88 93 125 173 122 70 84
Working Capital Days 81 65 65 72 76 70 73 93 116 83 57 69
ROCE % 10% 10% 11% 15% 15% 18% 16% 5% 6% 15% 18% 17%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06% 73.06%
0.00% 0.00% 0.00% 0.00% 0.65% 0.65% 0.37% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.54% 0.00% 0.00% 0.00%
26.94% 26.94% 26.94% 26.94% 26.29% 26.29% 26.56% 26.94% 26.40% 26.94% 26.94% 26.93%
No. of Shareholders 3,2513,5543,4303,3483,4393,4163,8364,0434,1274,5494,7024,766

* 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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