Affordable Robotic & Automation Ltd
Affordable Robotic and Automation Limited is a Turnkey Automation Solution provider for all kinds of Industrial Automation needs such as Line Automation, Assembly Line, Conveyor, Robotic Inspection Stations, Pick & Place Systems, Gantry, Auto Assembly stations etc. [1]
- Market Cap ₹ 631 Cr.
- Current Price ₹ 561
- High / Low ₹ 851 / 295
- Stock P/E 161
- Book Value ₹ 47.0
- Dividend Yield 0.00 %
- ROCE 7.74 %
- ROE 3.83 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 11.9 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.55% over past five years.
- Company has a low return on equity of 0.81% over last 3 years.
- Company has high debtors of 215 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: Engineering Industry: Engineering
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 42 | 75 | 97 | 102 | 56 | 81 | 112 | 138 | |
| 34 | 65 | 85 | 94 | 55 | 74 | 104 | 129 | |
| Operating Profit | 9 | 10 | 12 | 8 | 1 | 7 | 8 | 10 |
| OPM % | 21% | 13% | 12% | 8% | 2% | 8% | 8% | 7% |
| 0 | 0 | -1 | 0 | -0 | 0 | 0 | 0 | |
| Interest | 1 | 2 | 3 | 2 | 3 | 3 | 4 | 3 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 |
| Profit before tax | 6 | 7 | 7 | 4 | -4 | 2 | 4 | 6 |
| Tax % | 38% | 27% | 23% | 21% | 2% | 3% | 42% | |
| 4 | 5 | 5 | 3 | -4 | 2 | 2 | 4 | |
| EPS in Rs | 28.36 | 7.11 | 4.52 | 2.74 | -3.15 | 2.12 | 1.93 | 3.51 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 3% |
| TTM: | 100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -16% |
| 3 Years: | -11% |
| TTM: | 160% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 89% |
| 1 Year: | 90% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 1% |
| Last Year: | 4% |
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 | 1 | 6 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 6 | 8 | 37 | 39 | 36 | 43 | 49 | 42 |
| 10 | 18 | 24 | 24 | 26 | 31 | 44 | 43 | |
| 38 | 28 | 28 | 41 | 39 | 37 | 63 | 63 | |
| Total Liabilities | 55 | 60 | 99 | 115 | 112 | 121 | 166 | 158 |
| 6 | 10 | 12 | 15 | 14 | 13 | 12 | 12 | |
| CWIP | 0 | 0 | 11 | 12 | 13 | 17 | 21 | 21 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 |
| 49 | 49 | 76 | 87 | 84 | 89 | 131 | 122 | |
| Total Assets | 55 | 60 | 99 | 115 | 112 | 121 | 166 | 158 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| 5 | -14 | 4 | 3 | 1 | 0 | ||
| -5 | -15 | -4 | -2 | -6 | 0 | ||
| -0 | 31 | -2 | -0 | 7 | 0 | ||
| Net Cash Flow | -1 | 2 | -1 | 1 | 2 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 141 | 95 | 117 | 140 | 274 | 184 | 215 |
| Inventory Days | 463 | 254 | |||||
| Days Payable | 361 | 151 | |||||
| Cash Conversion Cycle | 243 | 198 | 117 | 140 | 274 | 184 | 215 |
| Working Capital Days | 75 | 86 | 159 | 155 | 270 | 212 | 195 |
| ROCE % | 35% | 20% | 9% | -1% | 7% | 8% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
17h - Pursuant to Regulation 15(2) of SEBI(LODR) Regulations, 2015 compliance with the corporate governance provisions as specified in Regulations 17 to 27 and clause (b) to …
-
Board Meeting Outcome for Revised Outcome
10 Apr - Revised outcome of the board meeting proposed to be held on April 08, 2024 in compliance with Regulation 30 of SEBI (LODR)Regulations, 2015 and amendments …
- Statement Of Deviation(S) Or Variation(S) Of Rights Issue Proceeds For The Period Ended March 31, 2024 As per Regulation 32(1) Of The SEBI (LODR) Regulations, 2015 9 Apr
- Board Meeting Outcome for Outcome Of The Board Meeting Proposed To Be Held On April 08, 2024 In Compliance With Regulation 30 Of SEBI (LODR)Regulations, 2015 And Amendments Thereto. 8 Apr
- Revised - Proceedings Of The 14Th Annual General Meeting Held On Thursday, September 28, 2023 8 Apr
Business Overview
Company is a Turnkey Automation Solution provider for all kinds of Industrial Automation needs such as Line Automation, Assembly Line, Conveyor, Robotic Inspection Stations, Pick & Place Systems, Gantry, Auto Assembly stations etc. Automatic Car Parking System is also the Company's major area of expertise. It has a customer base in India & other parts of Asia and the world. [1]