SM Auto Stamping Ltd
Incorporated in 1995, SM Auto Stamping Ltd is in the business of manufacturing Auto Components
- Market Cap ₹ 66.7 Cr.
- Current Price ₹ 48.7
- High / Low ₹ 64.0 / 0.00
- Stock P/E 33.7
- Book Value ₹ 13.7
- Dividend Yield 2.57 %
- ROCE 19.0 %
- ROE 14.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company's working capital requirements have reduced from 33.9 days to 26.3 days
Cons
- Stock is trading at 3.56 times its book value
- Company has a low return on equity of 8.42% over last 3 years.
- Company's cost of borrowing seems high
* 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
40.05 | 49.45 | 44.24 | 45.33 | 42.61 | 49.43 | 58.13 | 44.27 | 38.93 | 54.33 | 68.66 | 69.83 | |
38.36 | 47.62 | 39.49 | 42.93 | 40.98 | 46.10 | 53.96 | 45.47 | 37.65 | 49.52 | 63.27 | 65.31 | |
Operating Profit | 1.69 | 1.83 | 4.75 | 2.40 | 1.63 | 3.33 | 4.17 | -1.20 | 1.28 | 4.81 | 5.39 | 4.52 |
OPM % | 4.22% | 3.70% | 10.74% | 5.29% | 3.83% | 6.74% | 7.17% | -2.71% | 3.29% | 8.85% | 7.85% | 6.47% |
0.00 | 0.00 | 0.16 | 1.86 | 2.54 | 2.18 | 0.76 | 0.12 | 1.14 | 0.86 | 1.54 | 0.90 | |
Interest | 0.00 | 0.00 | 2.37 | 2.05 | 2.20 | 1.68 | 1.36 | 1.28 | 1.91 | 1.32 | 1.27 | 1.17 |
Depreciation | 0.00 | 0.00 | 2.05 | 1.73 | 1.56 | 1.32 | 1.20 | 1.25 | 1.14 | 1.15 | 1.21 | 1.36 |
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 | 2.89 |
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 | 1.98 | |
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 | 1.38 |
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: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 45% |
TTM: | -63% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 8% |
Last Year: | 14% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.99 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 1.31 | 14.29 | 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 | 5.28 |
8.01 | 8.58 | 17.85 | 18.15 | 16.98 | 13.73 | 12.73 | 14.85 | 10.35 | 8.86 | 7.32 | 3.71 | |
17.97 | 19.79 | 8.20 | 9.63 | 12.36 | 14.84 | 13.88 | 4.46 | 8.04 | 8.67 | 9.77 | 10.00 | |
Total Liabilities | 31.27 | 35.28 | 33.30 | 35.36 | 37.13 | 38.39 | 38.18 | 34.48 | 31.86 | 34.64 | 35.50 | 33.28 |
13.72 | 13.60 | 12.26 | 11.28 | 9.88 | 8.88 | 8.39 | 8.58 | 8.83 | 9.16 | 10.51 | 10.12 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.69 | 1.32 | 0.29 | 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 | 10.61 |
16.91 | 20.17 | 19.53 | 22.50 | 25.08 | 27.34 | 26.62 | 15.29 | 11.73 | 13.55 | 14.09 | 12.55 | |
Total Assets | 31.27 | 35.28 | 33.30 | 35.36 | 37.13 | 38.39 | 38.18 | 34.48 | 31.86 | 34.64 | 35.50 | 33.28 |
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 | 3.22 | 6.31 | |||
-0.63 | 36.33 | -0.71 | 0.30 | 1.01 | -4.10 | -0.93 | -1.28 | -0.10 | |||
-2.29 | -1.72 | -1.57 | -4.28 | -1.91 | 5.59 | -2.84 | -1.93 | -6.20 | |||
Net Cash Flow | -0.04 | 0.01 | 0.02 | -0.06 | -0.09 | 3.18 | -3.24 | 0.01 | 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 | 42.32 |
Inventory Days | 131.11 | 110.98 | 103.54 | 78.31 | 74.93 | 41.38 | 43.59 | 41.64 | 28.43 | ||
Days Payable | 71.47 | 81.75 | 116.00 | 118.47 | 91.31 | 21.61 | 67.56 | 60.02 | 44.87 | ||
Cash Conversion Cycle | 87.13 | 71.60 | 113.76 | 91.88 | 56.07 | 37.45 | 46.16 | 70.15 | 40.45 | 28.91 | 25.88 |
Working Capital Days | -9.48 | 56.02 | 74.25 | 66.91 | 42.15 | 31.60 | 43.39 | 51.28 | 43.13 | 32.38 | 26.31 |
ROCE % | 12.71% | 14.09% | 9.95% | 10.34% | 14.69% | 15.59% | -7.36% | 3.01% | 18.16% | 18.99% |
Documents
Announcements
- Closure of Trading Window 1d
- Appointment Of Secretarial Auditor 6 Mar
-
Announcement under Regulation 30 (LODR)-Change in Directorate
6 Mar - Board in their Meeting held on 05.03.2024 have reappointed Dr. Sanjay Ramchandra Bhargave as additional Non executive Independent Director w.e.f 08.03.2024 for term of 1 …
- Board Meeting Outcome for Outcome Of Board Meeting Dated 05Th March, 2024,Under Regulation 30(6) Of SEBI (LODR) Regulations, 2015. 5 Mar
- Board Meeting Intimation for Board Meeting Intimation For Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015. 26 Feb
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