SAL Automotive Ltd
₹ 238
-0.04%
28 Nov
- close price
About
Incorporated in 1974, SAL Automotive Ltd is engaged in automotive (Passenger and Commercial Vehicle) and agriculture segments
Key Points
- Market Cap ₹ 114 Cr.
- Current Price ₹ 238
- High / Low ₹ 347 / 224
- Stock P/E 22.5
- Book Value ₹ 92.9
- Dividend Yield 1.05 %
- ROCE 15.4 %
- ROE 13.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 44.3% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 17.6%
Cons
- Stock is trading at 2.56 times its book value
- Company has a low return on equity of 13.8% 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 81 | 94 | 96 | 93 | 114 | 131 | 85 | 95 | 151 | 304 | 308 | 378 | 391 | |
| 77 | 90 | 93 | 90 | 109 | 125 | 86 | 93 | 152 | 293 | 295 | 365 | 379 | |
| Operating Profit | 4 | 4 | 3 | 3 | 5 | 6 | -1 | 2 | -1 | 10 | 13 | 13 | 12 |
| OPM % | 5% | 4% | 3% | 3% | 5% | 4% | -1% | 2% | -1% | 3% | 4% | 3% | 3% |
| 1 | 1 | 1 | 1 | 1 | 1 | 4 | 1 | 2 | 2 | 1 | 2 | 2 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 3 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 | 4 | 4 |
| Profit before tax | 4 | 4 | 3 | 3 | 5 | 5 | 2 | 1 | -3 | 6 | 7 | 8 | 7 |
| Tax % | 34% | 32% | 34% | 32% | 31% | 28% | 32% | 1% | -22% | 24% | 25% | 32% | |
| 2 | 2 | 2 | 2 | 3 | 3 | 1 | 1 | -2 | 5 | 5 | 5 | 5 | |
| EPS in Rs | 4.90 | 5.02 | 4.23 | 4.79 | 7.10 | 7.23 | 2.60 | 1.75 | -4.85 | 9.79 | 10.62 | 11.25 | 10.55 |
| Dividend Payout % | 36% | 35% | 41% | 42% | 32% | 31% | 67% | 100% | 0% | 20% | 21% | 11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 35% |
| 3 Years: | 36% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 44% |
| 3 Years: | 63% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 22% |
| 3 Years: | 27% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 8% |
| 3 Years: | 14% |
| Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 5 |
| Reserves | 22 | 23 | 24 | 26 | 29 | 31 | 31 | 31 | 28 | 33 | 36 | 41 | 40 |
| 0 | 0 | 0 | 0 | 4 | 5 | 5 | 10 | 28 | 39 | 27 | 24 | 27 | |
| 25 | 26 | 23 | 24 | 34 | 28 | 26 | 35 | 47 | 56 | 46 | 57 | 74 | |
| Total Liabilities | 50 | 51 | 49 | 53 | 69 | 66 | 65 | 78 | 105 | 130 | 112 | 123 | 145 |
| 10 | 9 | 9 | 10 | 13 | 14 | 9 | 9 | 13 | 33 | 34 | 36 | 35 | |
| CWIP | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 10 | 1 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 39 | 41 | 39 | 42 | 56 | 52 | 56 | 68 | 82 | 96 | 78 | 87 | 109 | |
| Total Assets | 50 | 51 | 49 | 53 | 69 | 66 | 65 | 78 | 105 | 130 | 112 | 123 | 145 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 1 | 4 | -0 | -1 | 3 | -7 | -1 | -9 | 17 | 11 | 10 | |
| -0 | -1 | -0 | -1 | -3 | -1 | 7 | -0 | -14 | -10 | -3 | -6 | |
| -1 | -1 | -1 | -1 | 3 | -0 | -2 | 2 | 16 | 6 | -16 | -7 | |
| Net Cash Flow | -1 | -0 | 3 | -2 | -1 | 1 | -1 | 0 | -7 | 13 | -8 | -3 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 78 | 62 | 76 | 99 | 73 | 90 | 108 | 84 | 44 | 44 | 43 |
| Inventory Days | 28 | 31 | 30 | 31 | 28 | 26 | 44 | 45 | 46 | 36 | 33 | 28 |
| Days Payable | 120 | 104 | 89 | 101 | 122 | 82 | 125 | 149 | 125 | 75 | 62 | 60 |
| Cash Conversion Cycle | 4 | 5 | 3 | 6 | 4 | 17 | 9 | 4 | 6 | 6 | 15 | 10 |
| Working Capital Days | 33 | 36 | 25 | 35 | 26 | 21 | 16 | 11 | -36 | -13 | -4 | 2 |
| ROCE % | 15% | 14% | 12% | 12% | 16% | 14% | -2% | 3% | -4% | 13% | 14% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper Advertisement for Unaudited financial results for the quarter and half year ended 30 September 2025.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Approval Of New Plant.
13 Nov - Board approved new Haridwar seat-frame plant (≈1,800 sqm) and Nabha extension (~100,000 sq ft) on 13 Nov 2025.
-
Financial Results For The Quarter And Half-Year Ended September 30, 2025
13 Nov - Board approved Q2/H1 results (30 Sep 2025) and new Haridwar plant plus 100,000 sq ft Nabha shed.
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Board Meeting Outcome for Financial Results For The Quarter And Half-Year Ended September 30, 2025
13 Nov - Approved unaudited Q2/H1 results; Haridwar plant and 100,000 sq ft Nabha shed (13 Nov 2025)
-
Board Meeting Intimation for Board Meeting Intimation For Un-Audited Standalone Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2025.
4 Nov - Board meeting on 13 Nov 2025 to approve unaudited Q2 and H1 results for period ended 30 Sep 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Business Overview:[1]
Company manufactures automotive components and agricultural implements which it supplies to manufacturers of passenger vehicles, commercial vehicles and tractors. The product line of company includes seats, seat mechanisms, seat frames, rotavators, planters and tractor trollies