Sar Auto Products Ltd

About

SAR Auto Products is also engaged in business of Real Estate Development.

  • Market Cap 105 Cr.
  • Current Price 220
  • High / Low 390 / 203
  • Stock P/E
  • Book Value 28.3
  • Dividend Yield 0.00 %
  • ROCE 2.26 %
  • ROE 2.18 %
  • Face Value 10.0

Pros

  • Company is virtually debt free.

Cons

  • Stock is trading at 7.80 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 2.05% for last 3 years.
  • Earnings include an other income of Rs.0.32 Cr.
  • Debtor days have increased from 112.54 to 143.74 days.
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
1.07 1.31 2.35 3.05 2.79 2.35 1.63 2.01 1.63 1.60 1.56 0.57
0.77 1.02 2.11 2.19 2.17 2.00 1.97 1.58 1.32 1.23 1.40 0.51
Operating Profit 0.30 0.29 0.24 0.86 0.62 0.35 -0.34 0.43 0.31 0.37 0.16 0.06
OPM % 28.04% 22.14% 10.21% 28.20% 22.22% 14.89% -20.86% 21.39% 19.02% 23.12% 10.26% 10.53%
Other Income 0.05 0.09 0.16 0.06 0.05 0.07 0.14 0.05 0.06 0.06 0.15 0.05
Interest 0.02 0.02 0.03 0.04 0.03 0.03 0.02 0.02 0.02 0.01 0.02 0.00
Depreciation 0.28 0.31 0.35 0.35 0.35 0.36 0.36 0.28 0.29 0.39 0.32 0.25
Profit before tax 0.05 0.05 0.02 0.53 0.29 0.03 -0.58 0.18 0.06 0.03 -0.03 -0.14
Tax % 0.00% 0.00% 200.00% 0.00% 0.00% 0.00% 10.34% 0.00% 0.00% 0.00% 133.33% 0.00%
Net Profit 0.05 0.05 -0.02 0.53 0.29 0.04 -0.53 0.18 0.07 0.03 0.02 -0.14
EPS in Rs 0.10 0.10 -0.04 1.11 0.61 0.08 -1.11 0.38 0.15 0.06 0.04 -0.29
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
2.94 2.13 2.23 1.98 2.06 2.20 2.95 5.06 6.81 9.81 6.78 5.36
4.94 1.81 2.24 2.01 2.09 4.95 2.75 3.88 5.60 8.33 5.50 4.46
Operating Profit -2.00 0.32 -0.01 -0.03 -0.03 -2.75 0.20 1.18 1.21 1.48 1.28 0.90
OPM % -68.03% 15.02% -0.45% -1.52% -1.46% -125.00% 6.78% 23.32% 17.77% 15.09% 18.88% 16.79%
Other Income 1.84 0.59 0.52 0.36 0.71 0.50 0.67 0.24 0.27 0.32 0.31 0.32
Interest 0.18 0.05 0.02 0.02 0.02 0.08 0.02 0.04 0.07 0.12 0.07 0.05
Depreciation 1.02 0.86 0.73 0.62 0.55 1.04 0.76 1.12 1.21 1.41 1.27 1.25
Profit before tax -1.36 0.00 -0.24 -0.31 0.11 -3.37 0.09 0.26 0.20 0.27 0.25 -0.08
Tax % 8.82% 16.67% 9.68% -9.09% 5.34% -88.89% -19.23% 20.00% -22.22% -16.00%
Net Profit -1.24 0.03 -0.20 -0.28 0.12 -3.19 0.18 0.30 0.16 0.33 0.29 -0.02
EPS in Rs -2.60 0.06 -0.42 -0.59 0.25 -6.70 0.38 0.63 0.34 0.69 0.61 -0.04
Dividend Payout % 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:9%
5 Years:25%
3 Years:10%
TTM:-39%
Compounded Profit Growth
10 Years:9%
5 Years:16%
3 Years:-1%
TTM:0%
Stock Price CAGR
10 Years:%
5 Years:-0%
3 Years:15%
1 Year:-36%
Return on Equity
10 Years:-2%
5 Years:2%
3 Years:2%
Last Year:2%

Balance Sheet

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
4.76 4.76 4.76 4.76 4.76 4.76 4.76 4.76 4.76 4.76 4.76
Reserves 11.02 11.05 10.85 10.53 10.65 7.43 7.60 7.91 8.07 8.40 8.71
Borrowings 1.53 0.38 0.25 0.16 0.34 0.14 0.94 0.62 1.11 0.83 0.88
0.68 0.61 0.53 0.44 0.54 0.57 0.81 0.66 2.13 1.41 0.91
Total Liabilities 17.99 16.80 16.39 15.89 16.29 12.90 14.11 13.95 16.07 15.40 15.26
5.89 4.98 4.16 3.70 3.63 3.13 3.20 5.21 6.96 6.16 5.14
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 2.68 1.25 0.75 0.47 0.07 0.05 0.04 0.19 0.18 0.01 0.02
9.42 10.57 11.48 11.72 12.59 9.72 10.87 8.55 8.93 9.23 10.10
Total Assets 17.99 16.80 16.39 15.89 16.29 12.90 14.11 13.95 16.07 15.40 15.26

Cash Flows

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
-1.87 -1.47 -0.22 -0.24 0.63 1.02 -0.72 3.83 4.77 1.35 0.68
-1.85 1.52 0.38 0.24 -1.52 -0.40 -1.38 -3.29 -4.35 0.05 -0.81
-0.61 -1.10 0.00 0.05 0.34 0.20 1.37 -0.13 0.63 -0.12 0.27
Net Cash Flow -4.33 -1.04 0.16 0.05 -0.55 0.82 -0.74 0.41 1.05 1.28 0.15

Ratios

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 0.06% -1.37% -1.92% 0.96% -23.43% 0.70% 2.26% 2.35% 2.72% 2.26%
Debtor Days 260.71 462.68 541.77 687.60 636.09 232.27 164.56 125.51 98.62 95.25 143.74
Inventory Turnover 0.35 0.92 1.01 0.87 0.80 0.12 0.29 1.54 4.27 5.54

Shareholding Pattern

Numbers in percentages

Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020
68.94 70.41 70.41 70.41 70.41 74.65 74.65 74.65 74.47 74.47 74.47 74.47
4.63 4.63 4.63 4.63 4.63 4.63 4.63 4.63 4.63 4.63 4.63 4.63
26.44 24.97 24.97 24.97 24.97 20.72 20.72 20.72 20.90 20.90 20.90 20.90

Documents