Affordable Robotic & Automation Ltd
Incorporated in 2009, Affordable Robotic
& Automation Ltd is a Turnkey Automation Solution provider for all kind of Industrial Automation[1]
- Market Cap ₹ 734 Cr.
- Current Price ₹ 652
- High / Low ₹ 728 / 410
- Stock P/E 114
- Book Value ₹ 100
- Dividend Yield 0.00 %
- ROCE 12.0 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 180 days to 134 days
Cons
- Stock is trading at 6.51 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -5.84%
- Company has a low return on equity of 6.63% 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: 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 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| 42 | 75 | 97 | 102 | 56 | 81 | 112 | 163 | |
| 34 | 65 | 85 | 94 | 55 | 74 | 104 | 148 | |
| Operating Profit | 9 | 10 | 12 | 8 | 1 | 7 | 8 | 15 |
| OPM % | 21% | 13% | 12% | 8% | 2% | 8% | 8% | 9% |
| 0 | 0 | -1 | 0 | -0 | 0 | 0 | 0 | |
| Interest | 1 | 2 | 3 | 2 | 3 | 3 | 4 | 4 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 3 |
| Profit before tax | 6 | 7 | 7 | 4 | -4 | 2 | 4 | 9 |
| Tax % | 38% | 27% | 23% | 21% | -2% | 3% | 42% | 26% |
| 4 | 5 | 5 | 3 | -4 | 2 | 2 | 6 | |
| EPS in Rs | 28.36 | 7.11 | 4.52 | 2.74 | -3.15 | 2.12 | 1.93 | 5.72 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 43% |
| TTM: | 45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 58% |
| TTM: | 198% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 75% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 7% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 6 | 10 | 10 | 10 | 10 | 10 | 11 |
| Reserves | 6 | 8 | 37 | 39 | 36 | 43 | 49 | 101 |
| 10 | 18 | 24 | 24 | 26 | 31 | 44 | 46 | |
| 38 | 28 | 28 | 41 | 39 | 37 | 63 | 79 | |
| Total Liabilities | 55 | 60 | 99 | 115 | 112 | 121 | 166 | 238 |
| 6 | 10 | 12 | 15 | 14 | 13 | 12 | 12 | |
| CWIP | 0 | 0 | 11 | 12 | 13 | 17 | 21 | 22 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 |
| 49 | 49 | 76 | 87 | 84 | 89 | 131 | 203 | |
| Total Assets | 55 | 60 | 99 | 115 | 112 | 121 | 166 | 238 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| 5 | -14 | 4 | 3 | 1 | 0 | -9 | ||
| -5 | -15 | -4 | -2 | -6 | 0 | -1 | ||
| -0 | 31 | -2 | -0 | 7 | 0 | 42 | ||
| Net Cash Flow | -1 | 2 | -1 | 1 | 2 | 0 | 33 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| 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% |
Business Overview:[1][2]
ARAPL is the 1st robotic BSE-listed company that provides automation solutions for welding lines using robotics and related designing services. It also offers material handling automation services and has forayed into automated car parking systems. Company has 5000+ Robots and 10K car park installed in the last 10 years. It has a customer base in India, China & other parts of Asia