Affordable Robotic & Automation Ltd

Affordable Robotic & Automation Ltd

₹ 498 -0.82%
21 Feb 4:01 p.m.
About

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]

Key Points

Key Product Offerings
Warehousing Solutions – Offerings include Truck Loading and Unloading Solutions, Order Fulfilment, Conveyor Systems etc.
Robotic Welding Automation – Offerings include Project Management, Supply and Installation of turn-key Robotic Lines including Process Study; Ergonomic Study etc.
Car Parking Automated Solutions – Offerings include Stack Parking System (Motorized/Hydraulic), Puzzle Parking System (Overground/Pit), Tower Parking System / Puzzle Tower Parking System etc. [1]

  • Market Cap 560 Cr.
  • Current Price 498
  • High / Low 851 / 291
  • Stock P/E 142
  • Book Value 47.0
  • Dividend Yield 0.00 %
  • ROCE 7.74 %
  • ROE 3.83 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 10.9 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

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Sep 2019 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
40 24 7 49 30 51 18 96 43
34 26 12 44 28 47 25 81 48
Operating Profit 5 -2 -6 6 2 4 -7 14 -5
OPM % 14% -9% -84% 12% 7% 8% -38% 15% -11%
-1 0 0 0 0 0 0 0 0
Interest 1 1 1 1 1 1 1 2 2
Depreciation 1 1 1 1 1 1 1 1 1
Profit before tax 3 -4 -8 4 0 2 -9 12 -7
Tax % 13% 2% 0% -1% 14% 1% 0% 13% 0%
2 -4 -8 4 0 2 -9 11 -7
EPS in Rs 2.06 -3.48 -6.76 3.61 0.32 1.79 -7.64 9.57 -6.06
Raw PDF

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: 41%
3 Years: 69%
1 Year: 50%
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%

Shareholding Pattern

Numbers in percentages

Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
61.40% 61.40% 61.40% 61.48% 61.48% 61.48% 61.48% 61.48% 61.48% 61.48% 61.48%
7.98% 7.98% 7.98% 7.98% 7.76% 1.43% 0.00% 0.00% 0.00% 0.00% 0.00%
30.62% 30.62% 30.62% 30.54% 30.76% 37.09% 38.52% 38.52% 38.53% 38.53% 38.53%
No. of Shareholders 3413563573443796206497108788661,672

* 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.

Documents

Concalls