SM Auto Stamping Ltd
Incorporated in 1995, SM Auto Stamping Ltd is in the business of manufacturing Auto Components
- Market Cap ₹ 55.8 Cr.
- Current Price ₹ 39.1
- High / Low ₹ 57.0 / 0.00
- Stock P/E 18.2
- Book Value ₹ 12.9
- Dividend Yield 3.20 %
- ROCE 21.8 %
- ROE 17.9 %
- Face Value ₹ 10.0
Pros
- Stock is providing a good dividend yield of 3.20%.
- Debtor days have improved from 49.7 to 37.4 days.
- Company's working capital requirements have reduced from 33.8 days to 25.7 days
Cons
- Stock is trading at 3.03 times its book value
- Company has a low return on equity of 9.70% 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: Auto Ancillaries Industry: Auto Ancillaries
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
40.05 | 49.45 | 44.24 | 45.33 | 42.61 | 49.43 | 58.13 | 44.27 | 38.93 | 54.33 | 68.66 | |
38.36 | 47.62 | 39.49 | 42.93 | 40.98 | 46.10 | 53.96 | 45.47 | 37.65 | 49.52 | 63.27 | |
Operating Profit | 1.69 | 1.83 | 4.75 | 2.40 | 1.63 | 3.33 | 4.17 | -1.20 | 1.28 | 4.81 | 5.39 |
OPM % | 4.22% | 3.70% | 10.74% | 5.29% | 3.83% | 6.74% | 7.17% | -2.71% | 3.29% | 8.85% | 7.85% |
0.00 | 0.00 | 0.16 | 1.86 | 2.54 | 2.18 | 0.76 | 0.12 | 1.14 | 0.86 | 1.54 | |
Interest | 0.00 | 0.00 | 2.37 | 2.05 | 2.20 | 1.68 | 1.36 | 1.28 | 1.91 | 1.32 | 1.27 |
Depreciation | 0.00 | 0.00 | 2.05 | 1.73 | 1.56 | 1.32 | 1.20 | 1.25 | 1.14 | 1.15 | 1.21 |
Profit before tax | 1.69 | 1.83 | 0.49 | 0.48 | 0.41 | 2.51 | 2.37 | -3.61 | -0.63 | 3.20 | 4.45 |
Tax % | 33.73% | 28.42% | 24.49% | 31.25% | 48.78% | 19.12% | 25.74% | 25.76% | -169.84% | -13.75% | 30.56% |
1.12 | 1.31 | 0.37 | 0.33 | 0.21 | 2.03 | 1.76 | -2.68 | -1.70 | 3.64 | 3.09 | |
EPS in Rs | 11.34 | 10.03 | 2.83 | 2.53 | 1.61 | 15.54 | 13.48 | -1.88 | -1.19 | 2.55 | 2.16 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 57.81% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 7% |
3 Years: | 16% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 15% |
3 Years: | 49% |
TTM: | -16% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
1 Year: | 0% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 6% |
3 Years: | 10% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
0.99 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 14.29 | 14.29 | 14.29 | 14.29 | |
Reserves | 4.30 | 5.60 | 5.94 | 6.27 | 6.48 | 8.51 | 10.26 | 0.88 | -0.82 | 2.82 | 4.12 |
8.01 | 8.58 | 17.85 | 18.15 | 16.98 | 13.73 | 12.73 | 14.85 | 10.35 | 8.86 | 7.32 | |
17.97 | 19.79 | 8.20 | 9.63 | 12.36 | 14.84 | 13.88 | 4.46 | 8.04 | 8.67 | 9.77 | |
Total Liabilities | 31.27 | 35.28 | 33.30 | 35.36 | 37.13 | 38.39 | 38.18 | 34.48 | 31.86 | 34.64 | 35.50 |
13.72 | 13.60 | 12.26 | 11.28 | 9.88 | 8.88 | 8.39 | 8.58 | 8.83 | 9.16 | 10.80 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.69 | 1.32 | 0.00 |
Investments | 0.64 | 1.51 | 1.51 | 1.58 | 2.17 | 2.17 | 3.17 | 10.61 | 10.61 | 10.61 | 10.61 |
16.91 | 20.17 | 19.53 | 22.50 | 25.08 | 27.34 | 26.62 | 15.29 | 11.73 | 13.55 | 14.09 | |
Total Assets | 31.27 | 35.28 | 33.30 | 35.36 | 37.13 | 38.39 | 38.18 | 34.48 | 31.86 | 34.64 | 35.50 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
2.87 | -34.60 | 2.30 | 3.92 | 0.81 | 1.69 | 0.53 | 4.67 | 6.31 | |||
-0.63 | 36.33 | -0.71 | 0.30 | 1.01 | -4.10 | -0.93 | -1.26 | -0.09 | |||
-2.29 | -1.72 | -1.57 | -4.28 | -1.91 | 5.59 | -2.84 | -1.32 | -6.20 | |||
Net Cash Flow | -0.04 | 0.01 | 0.02 | -0.06 | -0.09 | 3.18 | -3.24 | 2.09 | 0.02 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 87.13 | 71.60 | 54.12 | 62.65 | 68.53 | 77.61 | 62.54 | 50.38 | 64.41 | 47.30 | |
Inventory Days | 131.11 | 110.98 | 103.54 | 78.31 | 74.93 | 41.38 | 43.59 | 41.64 | |||
Days Payable | 71.47 | 81.75 | 116.00 | 118.47 | 91.31 | 21.61 | 67.56 | 59.93 | |||
Cash Conversion Cycle | 87.13 | 71.60 | 113.76 | 91.88 | 56.07 | 37.45 | 46.16 | 70.15 | 40.45 | 29.00 | |
Working Capital Days | -9.48 | 56.02 | 74.25 | 66.91 | 42.15 | 31.60 | 43.39 | 51.28 | 43.13 | 32.45 | |
ROCE % | 12.71% | 14.09% | 9.95% | 10.34% | 14.69% | 15.59% | -7.36% | 3.01% | 18.16% |
Documents
Announcements
- Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 22 Sep
- Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (LODR) Regulations, 2015. 5 Sep
- Reg. 34 (1) Annual Report. 5 Sep
- Announcement under Regulation 30 (LODR)-Meeting Updates 5 Sep
- Notice Of 17Th Annual General Meeting Of The Company Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015. 5 Sep
Business Overview:[1]
Company is listed on BSE SME platform. Co designs and manufactures sheet metal components and sub-assemblies for automobile manufacturers. Company's components cover clutches, brakes, engine mountings, chassis, shaft drive, body trims, bearings etc. used in passenger cars, commercial vehicles, tractors, etc. Deep drawn components and control panel components also find application in electrical equipment industry. Apart from manufacturing, company also provide job work services of blanking and forming process on metal components