Amic Forging Ltd

Amic Forging Ltd

₹ 768 -1.91%
08 May 12:01 p.m.
About

Incorporated in 2007, AMIC Forging Limited manufactures forged components catering to various industries.[1]

Key Points

Product Portfolio[1] The company manufactures precision machined components such as Rounds, Shafts, Blanks, and complete finished engineering, spare parts e.g. Gear coupling, Hub, Round, Flange, and other engineering spares as per customer specifications and International Standards like AISI, BS, IS, DIN, etc,
These products are manufactured in carbon steel, alloy steel, stainless steel, Nickel, and Tools Alloys.

  • Market Cap 806 Cr.
  • Current Price 768
  • High / Low 890 / 239
  • Stock P/E 83.0
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 65.8 %
  • ROE 69.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 42.0%
  • Debtor days have improved from 88.1 to 68.6 days.

Cons

* 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.

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023
52
42
Operating Profit 10
OPM % 19%
0
Interest 0
Depreciation 0
Profit before tax 10
Tax % 26%
7
EPS in Rs 9.22
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
13 26 71 116
12 25 69 102
Operating Profit 1 2 2 14
OPM % 8% 6% 3% 12%
0 0 0 1
Interest 0 0 1 1
Depreciation 0 0 1 1
Profit before tax 1 1 1 13
Tax % 21% 18% 24% 26%
0 1 1 10
EPS in Rs 7.24 9.29 13.93 112.52
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 105%
TTM: 63%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 183%
TTM: 881%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 42%
Last Year: 70%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1 1 1 1 8
Reserves 4 6 7 19 19
2 4 11 4 6
2 5 13 37 28
Total Liabilities 9 16 32 61 61
4 4 5 8 10
CWIP 0 0 0 0 0
Investments 0 2 2 8 11
4 11 24 46 40
Total Assets 9 16 32 61 61

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0 -2 6 18
-1 -2 -12 -13
1 4 6 -5
Net Cash Flow 0 0 0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 83 125 71 69
Inventory Days 30 16 1 27
Days Payable 69 73 74 120
Cash Conversion Cycle 44 68 -2 -25
Working Capital Days 48 73 7 -20
ROCE % 13% 13% 66%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2023Mar 2024
57.74% 57.82%
6.99% 1.33%
3.11% 1.19%
32.16% 39.66%
No. of Shareholders 1,3781,026

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents