SM Auto Stamping Ltd
Incorporated in 1995, SM Auto Stamping Ltd is in the business of manufacturing Auto Components
- Market Cap ₹ 70.6 Cr.
- Current Price ₹ 49.4
- High / Low ₹ 57.0 / 0.00
- Stock P/E 18.6
- Book Value ₹ 12.6
- Dividend Yield 2.53 %
- ROCE 17.5 %
- ROE 23.4 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 42.3 days to 32.4 days
Cons
- Stock is trading at 3.90 times its book value
- The company has delivered a poor sales growth of 1.34% over past five years.
- Company has a low return on equity of 0.35% 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| Net Profit |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|
| 50.84 | 63.35 | 58.13 | 44.27 | 38.93 | 54.33 | |
| 48.42 | 58.24 | 53.96 | 45.47 | 37.65 | 49.52 | |
| Operating Profit | 2.42 | 5.11 | 4.17 | -1.20 | 1.28 | 4.81 |
| OPM % | 4.76% | 8.07% | 7.17% | -2.71% | 3.29% | 8.85% |
| 2.53 | 2.79 | 0.76 | 0.12 | 1.14 | 0.86 | |
| Interest | 3.41 | 2.69 | 1.36 | 1.28 | 1.91 | 1.32 |
| Depreciation | 2.54 | 2.34 | 1.20 | 0.67 | 1.14 | 1.15 |
| Profit before tax | -1.00 | 2.87 | 2.37 | -3.03 | -0.63 | 3.20 |
| Tax % | -56.00% | 21.60% | 25.74% | 29.70% | -169.84% | -13.75% |
| Net Profit | -1.57 | 8.94 | 2.26 | -1.96 | -1.65 | 3.79 |
| EPS in Rs | -12.71 | 66.92 | 17.30 | -1.37 | -1.15 | 2.65 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | -2% |
| TTM: | 40% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 19% |
| TTM: | 279% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 40% |
| 1 Year: | 253% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 0% |
| Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|
| 1.31 | 1.31 | 1.31 | 14.29 | 14.29 | 14.29 | |
| Reserves | 7.73 | 9.88 | 10.87 | 1.66 | 0.00 | 3.79 |
| 26.59 | 21.50 | 12.73 | 14.85 | 10.35 | 8.86 | |
| 16.88 | 21.82 | 13.88 | 4.45 | 8.03 | 8.68 | |
| Total Liabilities | 52.51 | 54.51 | 38.79 | 35.25 | 32.67 | 35.62 |
| 26.09 | 24.51 | 8.39 | 8.58 | 8.83 | 9.16 | |
| CWIP | 0.03 | 0.00 | 0.00 | 0.00 | 0.69 | 1.32 |
| Investments | 0.12 | 0.05 | 3.78 | 11.38 | 11.43 | 11.58 |
| 26.27 | 29.95 | 26.62 | 15.29 | 11.72 | 13.56 | |
| Total Assets | 52.51 | 54.51 | 38.79 | 35.25 | 32.67 | 35.62 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|
| 54.26 | 5.28 | 0.81 | 1.69 | 0.53 | 3.22 | |
| -52.35 | 1.68 | 1.01 | -4.10 | -0.93 | -1.41 | |
| -1.80 | -7.07 | -1.91 | 5.59 | -2.84 | -1.93 | |
| Net Cash Flow | 0.11 | -0.12 | -0.09 | 3.18 | -3.24 | -0.12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|
| Debtor Days | 74.09 | 83.49 | 62.54 | 50.38 | 64.41 | 47.30 |
| Inventory Days | 110.90 | 85.86 | 74.93 | 41.38 | 43.59 | 41.64 |
| Days Payable | 121.70 | 128.03 | 91.31 | 21.61 | 67.56 | 59.93 |
| Cash Conversion Cycle | 63.29 | 41.32 | 46.16 | 70.15 | 40.45 | 29.00 |
| Working Capital Days | 45.73 | 30.54 | 43.39 | 51.28 | 43.13 | 32.45 |
| ROCE % | 14.40% | 12.95% | -4.67% | 2.92% | 17.53% |
Documents
Announcements
-
Appointment Of Internal Auditor For The Financial Year 2023-24
31 May - The Board in their meeting held on Tuesday, 30th May, 2023, approved the appointment of Archana Pathak & Associates, Chartered Accountants (having Firm Registration No. …
- Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations 2015 For The Half Year Ended 31St March 2023. 30 May
- Audited Standalone Financial Results Of The Company Along With Audit Report For The Half Year And Financial Year Ended 31St March, 2023, Pursuant To Regulation 33 Of SEBI (LODR) Regulations, 2015. 30 May
- Board Meeting Outcome for Outcome Of Board Meeting Dated 30Th May, 2023, Under Regulation 30(6) Of SEBI (LODR) Regulations, 2015. 30 May
- Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015. 23 May
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