Auto Pins (India) Ltd

₹ 59.5 4.99%

02 Jun - close price

autopinsindia.com BSE: 531994

About

Established in 1953, APIL has specializes in design, development and manufacture of Leaf & Parabolic Springs and Automotive Components under the brand name of SIROCCO.

Key Points

Product Portfolio:
a) Leaf Springs^[1]
b) Parabolic Springs^[2]
c) U Bolts^[3]
d) Spring Pins^[4]
e) Trailer Parts/ Suspension Kits^[5]

Website BSE

Market Cap ₹ 34.0 Cr.
Current Price ₹ 59.5
High / Low ₹ 88.0 / 45.0
Stock P/E 40.0
Book Value ₹ 12.6
Dividend Yield 0.00 %
ROCE 14.1 %
ROE 12.5 %
Face Value ₹ 10.0

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Pros

Company is expected to give good quarter

Cons

Stock is trading at 4.71 times its book value
Though the company is reporting repeated profits, it is not paying out dividend
Company has a low return on equity of 12.9% over last 3 years.

* 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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Detailed Comparison with:

Quarterly Results

Figures in Rs. Crores

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
	6.08	3.29	5.63	8.21	11.14	5.63	9.25	10.25	10.66	9.30	9.45	10.13	16.56
	5.96	3.10	5.43	8.04	10.39	5.44	9.01	10.03	10.50	9.09	9.20	9.77	15.80
Operating Profit	0.12	0.19	0.20	0.17	0.75	0.19	0.24	0.22	0.16	0.21	0.25	0.36	0.76
OPM %	1.97%	5.78%	3.55%	2.07%	6.73%	3.37%	2.59%	2.15%	1.50%	2.26%	2.65%	3.55%	4.59%
	0.11	0.00	0.06	0.09	0.12	0.09	0.08	0.06	0.09	0.08	0.07	0.06	0.04
Interest	0.03	0.03	0.03	0.02	0.06	0.04	0.04	0.05	0.13	0.08	0.08	0.09	0.19
Depreciation	0.11	0.12	0.12	0.12	0.17	0.14	0.14	0.14	0.02	0.12	0.13	0.13	0.13
Profit before tax	0.09	0.04	0.11	0.12	0.64	0.10	0.14	0.09	0.10	0.09	0.11	0.20	0.48
Tax %	-77.78%	25.00%	18.18%	16.67%	-6.25%	20.00%	14.29%	11.11%	-250.00%	0.00%	0.00%	0.00%	6.25%
Net Profit	0.16	0.03	0.09	0.10	0.68	0.09	0.12	0.07	0.36	0.09	0.11	0.20	0.45
EPS in Rs	0.28	0.05	0.16	0.18	1.19	0.16	0.21	0.12	0.63	0.16	0.19	0.35	0.79
Raw PDF

Profit & Loss

Figures in Rs. Crores

	Jun 2012	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
	16.86	14.94	13.52	10.10	7.84	12.84	22.24	34.34	26.94	28.27	35.79	45.44
	16.35	15.01	13.42	10.23	8.57	12.32	21.59	33.74	26.29	26.95	34.96	43.87
Operating Profit	0.51	-0.07	0.10	-0.13	-0.73	0.52	0.65	0.60	0.65	1.32	0.83	1.57
OPM %	3.02%	-0.47%	0.74%	-1.29%	-9.31%	4.05%	2.92%	1.75%	2.41%	4.67%	2.32%	3.46%
	4.97	1.42	7.31	0.52	0.54	0.02	0.14	0.41	0.41	0.26	0.31	0.25
Interest	0.08	0.07	0.02	0.01	0.03	0.10	0.13	0.15	0.13	0.14	0.27	0.44
Depreciation	1.05	1.06	1.07	0.21	0.13	0.23	0.27	0.37	0.44	0.53	0.43	0.51
Profit before tax	4.35	0.22	6.32	0.17	-0.35	0.21	0.39	0.49	0.49	0.91	0.44	0.87
Tax %	0.00%	0.00%	0.00%	0.00%	-5.71%	19.05%	17.95%	-26.53%	0.00%	0.00%	-45.45%	3.45%
Net Profit	4.35	0.23	6.32	0.17	-0.38	0.17	0.31	0.63	0.49	0.91	0.64	0.85
EPS in Rs	7.62	0.40	11.07	0.30	-0.67	0.30	0.54	1.10	0.86	1.59	1.12	1.49
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Compounded Sales Growth
10 Years:	10%
5 Years:	15%
3 Years:	19%
TTM:	27%

Compounded Profit Growth
10 Years:	-15%
5 Years:	30%
3 Years:	20%
TTM:	33%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	19%
1 Year:	-22%

Return on Equity
10 Years:	%
5 Years:	13%
3 Years:	13%
Last Year:	13%

Balance Sheet

Figures in Rs. Crores

	Jun 2012	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
	5.71	5.71	5.71	5.71	5.71	5.71	5.71	5.71	5.71	5.71	5.71	5.71
Reserves	-6.52	-6.29	0.03	-2.00	-2.15	-1.97	-1.67	-1.04	-0.55	0.36	0.66	1.50
	6.49	6.65	1.86	2.28	2.14	2.06	2.31	2.32	1.92	2.58	2.46	2.58
	7.94	6.47	3.05	2.73	2.67	3.15	3.84	5.01	4.66	5.62	6.14	8.70
Total Liabilities	13.62	12.54	10.65	8.72	8.37	8.95	10.19	12.00	11.74	14.27	14.97	18.49
	5.98	5.14	4.27	1.89	2.41	2.79	3.77	4.65	4.88	4.95	5.01	5.12
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.03	0.03	0.03	0.03	0.03	0.04	0.04	0.04	0.03	0.03	0.03	0.02
	7.61	7.37	6.35	6.80	5.93	6.12	6.38	7.31	6.83	9.29	9.93	13.35
Total Assets	13.62	12.54	10.65	8.72	8.37	8.95	10.19	12.00	11.74	14.27	14.97	18.49

Cash Flows

Figures in Rs. Crores

	Jun 2012	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
	4.92	0.17	4.84	-0.53	0.53	0.84	1.38	1.65	1.34	-0.19	0.96
	-0.30	-0.22	-0.20	-0.02	-0.43	-0.60	-1.24	-1.23	-0.65	-0.57	-0.35
	-4.56	0.24	-4.79	0.43	-0.15	-0.22	-0.18	-0.23	-0.44	0.57	-0.39
Net Cash Flow	0.06	0.19	-0.15	-0.13	-0.05	0.02	-0.04	0.19	0.25	-0.19	0.22

Ratios

Figures in Rs. Crores

	Jun 2012	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	26.63	17.10	8.37	10.84	18.16	21.04	26.75	18.60	21.81	50.61	35.59	36.23
Inventory Days	172.09	206.94	236.65	365.62	359.86	263.73	109.31	56.98	63.96	64.36	63.51	75.06
Days Payable	48.99	50.66	38.33	44.15	54.35	39.53	54.93	44.19	53.80	64.20	58.37	69.28
Cash Conversion Cycle	149.72	173.38	206.69	332.32	323.67	245.23	81.14	31.39	31.98	50.77	40.73	42.02
Working Capital Days	-14.72	8.80	78.02	137.33	141.53	76.47	28.56	10.31	8.13	32.79	27.43	31.65
ROCE %	79.68%	4.94%	92.76%	2.65%	-4.81%	5.39%	6.91%	9.60%	8.81%	13.35%	8.12%	14.07%

Shareholding Pattern

Numbers in percentages

Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
70.02	70.02	70.02	70.02	70.15	70.03	70.03	70.03	70.03	70.03	70.03	70.03
0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
29.94	29.94	29.94	29.94	29.82	29.94	29.94	29.94	29.94	29.94	29.94	29.94

Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
70.02	70.02	70.02	70.02	70.02	70.03	70.03
0.19	0.19	0.03	0.03	0.03	0.03	0.03
29.79	29.79	29.94	29.94	29.94	29.94	29.94

* 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.

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Auto Pins (India) Ltd

Auto Pins (India) Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Shareholding Pattern

Documents

Announcements

Annual reports