SM Auto Stamping Ltd
₹ 17.2
-5.07%
10 Mar
- close price
About
Incorporated in 1995, SM Auto Stamping Ltd manufactures precision sheet metal
stamping and deep drawn components.[1]
Key Points
- Market Cap ₹ 23.6 Cr.
- Current Price ₹ 17.2
- High / Low ₹ 41.0 / 15.0
- Stock P/E 7.80
- Book Value ₹ 15.2
- Dividend Yield 0.00 %
- ROCE 20.3 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.13 times its book value
- Debtor days have improved from 28.3 to 20.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.44% over past five years.
- Contingent liabilities of Rs.16.3 Cr.
- Earnings include an other income of Rs.1.80 Cr.
* 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
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Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 49.45 | 44.24 | 45.33 | 42.61 | 49.43 | 58.13 | 44.27 | 38.93 | 54.33 | 68.66 | 67.56 | 66.38 | 69.61 | |
| 47.62 | 39.49 | 42.93 | 40.98 | 46.10 | 53.96 | 45.47 | 37.65 | 49.52 | 63.27 | 61.17 | 62.46 | 65.27 | |
| Operating Profit | 1.83 | 4.75 | 2.40 | 1.63 | 3.33 | 4.17 | -1.20 | 1.28 | 4.81 | 5.39 | 6.39 | 3.92 | 4.34 |
| OPM % | 3.70% | 10.74% | 5.29% | 3.83% | 6.74% | 7.17% | -2.71% | 3.29% | 8.85% | 7.85% | 9.46% | 5.91% | 6.23% |
| 0.00 | 0.16 | 1.86 | 2.54 | 2.18 | 0.76 | 0.12 | 1.14 | 0.86 | 1.54 | 0.89 | 1.89 | 1.80 | |
| Interest | 0.00 | 2.37 | 2.05 | 2.20 | 1.68 | 1.36 | 1.28 | 1.91 | 1.32 | 1.27 | 1.05 | 0.83 | 0.80 |
| Depreciation | 0.00 | 2.05 | 1.73 | 1.56 | 1.32 | 1.20 | 1.25 | 1.14 | 1.15 | 1.21 | 1.32 | 1.14 | 1.15 |
| Profit before tax | 1.83 | 0.49 | 0.48 | 0.41 | 2.51 | 2.37 | -3.61 | -0.63 | 3.20 | 4.45 | 4.91 | 3.84 | 4.19 |
| Tax % | 28.42% | 24.49% | 31.25% | 48.78% | 19.12% | 25.74% | -25.76% | 169.84% | -13.75% | 30.56% | 38.90% | 28.39% | |
| 1.31 | 0.37 | 0.33 | 0.21 | 2.03 | 1.76 | -2.68 | -1.70 | 3.64 | 3.09 | 3.00 | 2.75 | 3.02 | |
| EPS in Rs | 10.03 | 2.83 | 2.53 | 1.61 | 15.54 | 13.48 | -1.88 | -1.19 | 2.55 | 2.16 | 2.19 | 2.01 | 2.21 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 57.81% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 26% |
| 3 Years: | -9% |
| TTM: | 50% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | -26% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 11% |
| 3 Years: | 15% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 14.29 | 14.29 | 14.29 | 14.29 | 13.69 | 13.69 | 13.69 |
| Reserves | 5.60 | 5.94 | 6.27 | 6.48 | 8.51 | 10.26 | 0.88 | -0.82 | 2.82 | 4.12 | 3.93 | 6.68 | 7.17 |
| 8.58 | 17.85 | 18.15 | 16.98 | 13.73 | 12.73 | 14.85 | 10.35 | 8.86 | 7.32 | 5.52 | 2.54 | 2.19 | |
| 19.79 | 8.20 | 9.63 | 12.36 | 14.84 | 13.88 | 4.46 | 8.04 | 8.67 | 9.77 | 8.83 | 9.60 | 6.58 | |
| Total Liabilities | 35.28 | 33.30 | 35.36 | 37.13 | 38.39 | 38.18 | 34.48 | 31.86 | 34.64 | 35.50 | 31.97 | 32.51 | 29.63 |
| 13.60 | 12.26 | 11.28 | 9.88 | 8.88 | 8.39 | 8.58 | 8.83 | 9.16 | 10.51 | 8.99 | 8.84 | 9.64 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.69 | 1.32 | 0.29 | 0.45 | 1.20 | 0.00 |
| Investments | 1.51 | 1.51 | 1.58 | 2.17 | 2.17 | 3.17 | 10.61 | 10.61 | 10.61 | 10.61 | 10.61 | 10.61 | 10.61 |
| 20.17 | 19.53 | 22.50 | 25.08 | 27.34 | 26.62 | 15.29 | 11.73 | 13.55 | 14.09 | 11.92 | 11.86 | 9.38 | |
| Total Assets | 35.28 | 33.30 | 35.36 | 37.13 | 38.39 | 38.18 | 34.48 | 31.86 | 34.64 | 35.50 | 31.97 | 32.51 | 29.63 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.87 | -34.60 | 2.30 | 3.92 | 0.81 | 1.69 | 0.53 | 3.22 | 6.31 | 4.91 | 0.86 | ||
| -0.63 | 36.33 | -0.71 | 0.30 | 1.01 | -4.10 | -0.93 | -1.28 | -0.12 | 0.25 | -1.71 | ||
| -2.29 | -1.72 | -1.57 | -4.28 | -1.91 | 5.59 | -2.84 | -1.93 | -6.20 | -5.20 | 0.85 | ||
| Net Cash Flow | -0.04 | 0.01 | 0.02 | -0.06 | -0.09 | 3.18 | -3.24 | 0.01 | 0.00 | -0.05 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 71.60 | 54.12 | 62.65 | 68.53 | 77.61 | 62.54 | 50.38 | 64.41 | 47.30 | 42.32 | 22.42 | 20.24 |
| Inventory Days | 131.11 | 110.98 | 103.54 | 78.31 | 74.93 | 41.38 | 43.59 | 41.64 | 28.43 | 42.07 | 39.85 | |
| Days Payable | 71.47 | 81.75 | 116.00 | 118.47 | 91.31 | 21.61 | 67.56 | 60.02 | 44.87 | 35.57 | 41.53 | |
| Cash Conversion Cycle | 71.60 | 113.76 | 91.88 | 56.07 | 37.45 | 46.16 | 70.15 | 40.45 | 28.91 | 25.88 | 28.92 | 18.55 |
| Working Capital Days | -11.59 | 0.74 | -6.52 | -15.50 | -17.28 | 2.57 | -17.73 | -13.41 | -2.28 | -9.62 | -9.18 | 11.93 |
| ROCE % | 12.71% | 14.09% | 9.95% | 10.34% | 14.69% | 15.59% | -7.36% | 3.01% | 18.16% | 18.99% | 23.16% | 20.28% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Capacity Utilization % |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
4 Mar - Company Secretary Pawan Mahajan resigns effective 30 April 2026; resignation received and accepted on 4 March 2026.
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
4 Mar - Company Secretary Pawan Mahajan resigns effective 30 Apr 2026; resignation accepted 4 Mar 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
23 Feb - SM Auto Stamping appoints Suresh Govind Jagdale as CFO/KMP effective 1 March 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Dated 23Rd May, 2025 Under Regulation 30(6) Of SEBI (Listing
Obligations And Disclosure Requirements) Regulations, 2015.
23 Feb - CFO Vaibhav Khadke resigns effective 25 Feb 2026; Suresh Jagdale appointed CFO effective 1 Mar 2026.
-
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015.
17 Feb - Board to note CFO Vaibhav Khadke resignation effective 25 Feb; appoint Suresh Jadale as CFO from 1 Mar 2026.
Business Overview:[1]
SMASL designs and manufactures sheet metal components and sub-assemblies for automotive OEMs, serving passenger vehicles, commercial vehicles, tractors, and electrical equipment, while also providing sheet metal blanking and forming job work services.