Aaron Industries Ltd

Aaron Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Aaron Industries Ltd

₹ 258 -0.50%
18 Apr - close price
aaronindustries.net NSE : AARON
About

Incorporated in 2013, Aaron Industries
Ltd manufactures Elevators and Elevators
parts and Stainless -Steel press plates[1]

Key Points

Business Overview:[1]
AIL is the 1st public limited company in the Elevator Industry that is listed on the NSE SME platform. It is also in the Stainless Steel Polishing business

Website NSE
  • Market Cap ₹ 270 Cr.
  • Current Price ₹ 258
  • High / Low ₹ 326 / 200
  • Stock P/E 47.7
  • Book Value ₹ 30.9
  • Dividend Yield 0.39 %
  • ROCE 29.7 %
  • ROE 29.7 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 42.2% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%
  • Debtor days have improved from 21.9 to 16.6 days.

Cons

  • Stock is trading at 8.36 times its book value
  • Company might be capitalizing the interest cost

* 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: Capital Goods-Non Electrical Equipment Industry: Engineering

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
6.55 6.74 5.85 9.71 9.16 13.02 12.01 14.10 13.68 16.06 15.52 14.00 14.62
5.39 5.44 4.95 8.21 7.84 10.88 9.86 11.79 11.43 13.27 12.74 11.83 12.10
Operating Profit 1.16 1.30 0.90 1.50 1.32 2.14 2.15 2.31 2.25 2.79 2.78 2.17 2.52
OPM % 17.71% 19.29% 15.38% 15.45% 14.41% 16.44% 17.90% 16.38% 16.45% 17.37% 17.91% 15.50% 17.24%
0.00 0.06 0.00 0.01 0.01 0.02 0.02 0.02 0.02 0.03 0.01 0.02 0.03
Interest 0.17 -0.01 0.18 0.16 -0.27 0.12 0.23 0.27 0.24 0.26 0.24 0.42 0.42
Depreciation 0.17 0.17 0.20 0.21 0.22 0.22 0.24 0.28 0.32 0.31 0.33 0.35 0.36
Profit before tax 0.82 1.20 0.52 1.14 1.38 1.82 1.70 1.78 1.71 2.25 2.22 1.42 1.77
Tax % 29.27% 30.00% 28.85% 28.07% 26.09% 18.13% 27.65% 27.53% 28.07% 25.78% 27.93% 15.49% 32.20%
0.59 0.83 0.37 0.82 1.02 1.49 1.23 1.28 1.24 1.66 1.61 1.20 1.20
EPS in Rs 0.59 0.83 0.37 0.82 1.02 1.48 1.22 1.27 1.23 1.65 1.60 1.15 1.15
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
3.31 4.80 11.77 17.55 21.40 24.96 37.74 55.85 60.20
3.17 4.55 10.21 15.51 18.33 21.49 31.88 46.31 49.94
Operating Profit 0.14 0.25 1.56 2.04 3.07 3.47 5.86 9.54 10.26
OPM % 4.23% 5.21% 13.25% 11.62% 14.35% 13.90% 15.53% 17.08% 17.04%
0.01 0.00 0.02 0.03 0.04 0.06 0.04 0.06 0.09
Interest 0.08 0.17 0.14 0.29 0.59 0.44 0.19 1.01 1.34
Depreciation 0.01 0.01 0.10 0.20 0.55 0.63 0.85 1.15 1.35
Profit before tax 0.06 0.07 1.34 1.58 1.97 2.46 4.86 7.44 7.66
Tax % 33.33% 28.57% 29.85% 32.28% 31.47% 21.54% 23.66% 27.28%
0.04 0.05 0.93 1.06 1.34 1.93 3.71 5.40 5.67
EPS in Rs 1.00 1.25 2.32 1.06 1.34 1.92 3.69 5.38 5.55
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 23.55% 0.00% 21.65% 18.59%
Compounded Sales Growth
10 Years: %
5 Years: 37%
3 Years: 38%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: 42%
3 Years: 59%
TTM: 8%
Stock Price CAGR
10 Years: %
5 Years: 64%
3 Years: 68%
1 Year: 18%
Return on Equity
10 Years: %
5 Years: 22%
3 Years: 25%
Last Year: 30%

Balance Sheet

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.19 0.19 1.88 4.78 5.26 10.04 10.04 10.04 10.47
Reserves 0.05 0.10 1.66 4.59 5.30 2.13 5.85 10.44 21.85
1.15 1.33 1.05 5.27 5.20 7.07 9.15 11.37 19.69
0.82 0.94 2.37 2.87 3.08 2.51 4.66 6.91 6.48
Total Liabilities 2.21 2.56 6.96 17.51 18.84 21.75 29.70 38.76 58.49
0.10 0.12 1.45 8.71 9.29 12.88 14.85 18.92 21.01
CWIP 0.00 0.00 0.00 0.00 0.36 0.50 0.76 0.41 4.53
Investments 0.00 0.00 0.00 0.04 0.00 0.00 0.00 0.00 0.00
2.11 2.44 5.51 8.76 9.19 8.37 14.09 19.43 32.95
Total Assets 2.21 2.56 6.96 17.51 18.84 21.75 29.70 38.76 58.49

Cash Flows

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.91 -0.06 -0.47 -0.15 1.40 3.27 1.17 4.07
-0.02 -0.03 -1.51 -7.71 -1.50 -4.28 -3.08 -4.84
0.93 0.03 1.97 8.24 -0.65 1.00 1.91 0.78
Net Cash Flow 0.00 -0.06 -0.01 0.38 -0.76 -0.02 0.01 0.01

Ratios

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 83.81 53.23 48.38 38.27 41.11 25.30 23.70 16.60
Inventory Days 239.97 180.69 172.59 157.50 151.49 140.40 104.85 143.68
Days Payable 155.28 92.76 95.94 55.13 42.16 21.79 32.89 38.77
Cash Conversion Cycle 168.50 141.17 125.03 140.65 150.44 143.91 95.66 121.51
Working Capital Days 134.53 113.30 95.20 96.29 89.37 89.79 93.91 81.43
ROCE % 15.95% 47.67% 19.34% 16.84% 16.63% 22.81% 29.71%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 74.97% 73.06% 73.06% 73.06%
25.03% 25.03% 25.03% 25.03% 25.03% 25.03% 25.03% 25.03% 25.03% 26.94% 26.94% 26.94%
No. of Shareholders 1,8002,3362,3742,5882,6645,4345,8276,9889,50310,67511,82612,497

Documents

Announcements

Annual reports

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