Aartech Solonics Ltd
Incorporated in 1982, Aartech Solonics Ltd is a manufacturer of Electrical Machinery and Apparatus N.E.C.
- Market Cap ₹ 273 Cr.
- Current Price ₹ 258
- High / Low ₹ 264 / 0.00
- Stock P/E 221
- Book Value ₹ 29.7
- Dividend Yield 0.19 %
- ROCE 6.80 %
- ROE 4.92 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 35.6%
Cons
- Stock is trading at 8.70 times its book value
- Company has a low return on equity of 2.69% over last 3 years.
- Earnings include an other income of Rs.3.05 Cr.
- Company has high debtors of 186 days.
* 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 - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5.09 | 8.56 | 8.86 | 9.23 | 9.73 | 12.73 | 11.21 | 14.54 | 10.04 | 10.93 | 16.36 | 21.65 | 25.19 | |
4.34 | 5.95 | 9.75 | 8.14 | 9.47 | 12.70 | 10.22 | 13.36 | 9.78 | 10.44 | 16.06 | 20.66 | 25.95 | |
Operating Profit | 0.75 | 2.61 | -0.89 | 1.09 | 0.26 | 0.03 | 0.99 | 1.18 | 0.26 | 0.49 | 0.30 | 0.99 | -0.76 |
OPM % | 14.73% | 30.49% | -10.05% | 11.81% | 2.67% | 0.24% | 8.83% | 8.12% | 2.59% | 4.48% | 1.83% | 4.57% | -3.02% |
-0.32 | -0.26 | 0.68 | 0.71 | 0.52 | 0.69 | 0.78 | 1.27 | 0.78 | 0.94 | 1.82 | 1.98 | 3.05 | |
Interest | 0.06 | 0.03 | 0.20 | 0.09 | 0.18 | 0.08 | 0.09 | 0.11 | 0.13 | 0.20 | 0.20 | 0.31 | 0.45 |
Depreciation | 0.11 | 0.17 | 0.27 | 0.29 | 0.34 | 0.32 | 0.31 | 0.21 | 0.19 | 0.21 | 0.20 | 0.26 | 0.26 |
Profit before tax | 0.26 | 2.15 | -0.68 | 1.42 | 0.26 | 0.32 | 1.37 | 2.13 | 0.72 | 1.02 | 1.72 | 2.40 | 1.58 |
Tax % | 53.85% | 29.77% | -2.94% | 20.42% | 11.54% | 9.38% | 13.87% | 20.66% | 18.06% | 17.65% | 18.02% | 19.58% | |
0.11 | 1.51 | -0.70 | 1.13 | 0.23 | 0.30 | 1.18 | 1.70 | 0.59 | 0.84 | 1.42 | 1.93 | 1.24 | |
EPS in Rs | 0.15 | 2.04 | -0.95 | 1.53 | 0.31 | 0.41 | 1.59 | 1.60 | 0.56 | 0.79 | 1.34 | 1.82 | 1.17 |
Dividend Payout % | 0.00% | 32.65% | -35.29% | 21.86% | 107.39% | 0.00% | 0.00% | 0.00% | 0.00% | 42.02% | 37.29% | 27.44% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 29% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 55% |
TTM: | 356% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 62% |
3 Years: | 119% |
1 Year: | 272% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.93 | 4.93 | 4.94 | 4.94 | 4.94 | 4.94 | 4.94 | 7.06 | 7.06 | 7.06 | 10.59 | 10.59 | 10.59 |
Reserves | 9.80 | 10.16 | 11.02 | 11.59 | 11.53 | 11.83 | 12.97 | 19.76 | 20.00 | 20.84 | 18.38 | 19.78 | 20.85 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 0.00 | 0.00 | 1.74 | 0.88 | 0.65 | 2.66 | 3.20 | |
0.55 | 2.93 | 2.08 | 2.69 | 2.26 | 2.19 | 1.47 | 1.70 | 2.44 | 2.34 | 5.28 | 5.45 | 9.40 | |
Total Liabilities | 15.28 | 18.02 | 18.04 | 19.22 | 18.73 | 19.46 | 19.38 | 28.52 | 31.24 | 31.12 | 34.90 | 38.48 | 44.04 |
2.02 | 3.12 | 3.19 | 2.79 | 2.62 | 2.47 | 3.36 | 3.42 | 3.60 | 3.51 | 3.74 | 3.86 | 2.84 | |
CWIP | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 5.63 | 1.82 | 2.48 | 2.74 | 3.08 | 5.80 | 3.13 | 6.43 | 9.07 | 10.69 | 12.59 | 14.08 | 16.77 |
7.63 | 13.08 | 12.36 | 13.69 | 13.03 | 11.19 | 12.89 | 18.67 | 18.57 | 16.92 | 18.57 | 20.54 | 24.43 | |
Total Assets | 15.28 | 18.02 | 18.04 | 19.22 | 18.73 | 19.46 | 19.38 | 28.52 | 31.24 | 31.12 | 34.90 | 38.48 | 44.04 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 2.47 | -1.00 | 0.16 | 1.99 | 0.18 | 0.94 | 1.52 | -1.70 | 0.95 | -5.13 | |
0.00 | 0.00 | -1.08 | -0.12 | 0.84 | -2.14 | -0.53 | -5.82 | -4.91 | 1.93 | -0.54 | 5.93 | |
0.00 | 0.00 | -0.28 | -0.29 | -0.30 | 0.20 | 0.00 | 7.21 | 0.00 | 0.00 | -0.35 | -0.53 | |
Net Cash Flow | 0.00 | 0.00 | 1.11 | -1.40 | 0.71 | 0.06 | -0.35 | 2.32 | -3.39 | 0.23 | 0.05 | 0.27 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 144.14 | 139.43 | 132.65 | 237.27 | 192.82 | 90.89 | 112.33 | 126.27 | 165.05 | 212.05 | 157.96 | 185.79 |
Inventory Days | 149.96 | 390.00 | 169.77 | 183.41 | 155.74 | 170.39 | 237.43 | 97.28 | 190.23 | 128.41 | 84.05 | 123.32 |
Days Payable | 29.71 | 51.67 | 72.15 | 123.48 | 85.76 | 66.81 | 29.30 | 38.01 | 118.31 | 94.25 | 143.05 | 127.45 |
Cash Conversion Cycle | 264.39 | 477.77 | 230.27 | 297.20 | 262.80 | 194.47 | 320.47 | 185.54 | 236.97 | 246.21 | 98.95 | 181.66 |
Working Capital Days | 287.55 | 243.48 | 247.18 | 304.50 | 283.60 | 179.78 | 204.15 | 161.92 | 230.49 | 243.78 | 132.52 | 224.23 |
ROCE % | 4.29% | 20.32% | 9.30% | 2.42% | 2.07% | 7.16% | 8.54% | 2.19% | 2.88% | 2.02% | 6.80% |
Documents
Announcements
- Compliance Certificate For The Period Ended 31St March, 2024 16 Apr
- Reg. 40(10)- PCS Certificate For Transfer / Transmission / Transposition 15 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr
- Closure of Trading Window 27 Mar
- Board Meeting Outcome for Outcome Of Board Meeting 19 Mar
Business Overview:[1]
Company is a system solution-oriented R&D enterprise in the field of specialized and selected energy appliances. Company manufactures electricity distribution & control apparatus.