Aeron Composites Ltd
Aeron Composite Limited manufactures and supplies glass fiber-reinforced polymer (FRP) products, including FRP pultruded products, FRP molded gratings, and FRP rods, tailored for various industrial applications[1]
- Market Cap ₹ 225 Cr.
- Current Price ₹ 132
- High / Low ₹ 174 / 123
- Stock P/E 22.3
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 36.5 %
- ROE 33.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.2%
- Company's working capital requirements have reduced from 51.5 days to 39.0 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.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Quarterly Results
Figures in Rs. Crores
Operating Profit |
OPM % |
Interest |
Depreciation |
Profit before tax |
Tax % |
EPS in Rs |
Raw PDF |
Profit & Loss
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
45 | 77 | 79 | 108 | 179 | 200 | |
42 | 72 | 73 | 102 | 169 | 184 | |
Operating Profit | 3 | 6 | 6 | 6 | 10 | 16 |
OPM % | 7% | 7% | 8% | 6% | 6% | 8% |
0 | 1 | 0 | 2 | 3 | 2 | |
Interest | 1 | 1 | 1 | 1 | 2 | 1 |
Depreciation | 1 | 1 | 2 | 2 | 2 | 2 |
Profit before tax | 2 | 4 | 4 | 5 | 10 | 15 |
Tax % | 30% | 29% | 30% | 28% | 31% | 30% |
1 | 3 | 3 | 4 | 7 | 10 | |
EPS in Rs | 9.31 | 22.23 | 19.62 | 27.85 | 42.20 | 64.54 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 36% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 58% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 31% |
Last Year: | 33% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 2 | 2 |
Reserves | 3 | 8 | 11 | 14 | 24 | 34 |
7 | 13 | 10 | 13 | 14 | 12 | |
9 | 15 | 21 | 33 | 30 | 54 | |
Total Liabilities | 21 | 38 | 44 | 61 | 69 | 101 |
3 | 9 | 8 | 8 | 9 | 18 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 4 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
18 | 29 | 36 | 53 | 60 | 80 | |
Total Assets | 21 | 38 | 44 | 61 | 69 | 101 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
0 | 6 | 4 | 0 | 2 | 21 | |
0 | -5 | -2 | -2 | -4 | -14 | |
-0 | 3 | -4 | 1 | 3 | -4 | |
Net Cash Flow | -0 | 3 | -2 | -1 | 1 | 3 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 73 | 62 | 88 | 70 | 63 | 76 |
Inventory Days | 76 | 61 | 84 | 106 | 56 | 76 |
Days Payable | 76 | 74 | 133 | 135 | 64 | 125 |
Cash Conversion Cycle | 73 | 49 | 39 | 41 | 55 | 27 |
Working Capital Days | 66 | 43 | 56 | 61 | 54 | 39 |
ROCE % | 21% | 24% | 33% | 36% |
Documents
Announcements
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Updates
28 September 2024 - Aeron Composite Limited has informed regarding 'Unpdation in CIN of the Company'.
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Trading Window-XBRL
26 September 2024 - AERON COMPOSITE LIMITED has informed about Closure of Trading Window
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Code of Conduct under SEBI(PIT) Reg., 2015
26 September 2024 - Aeron Composite Limited has informed about Code of Conduct under SEBI(PIT) Reg., 2015
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Notice Of Shareholders Meetings-XBRL
26 September 2024 - AERON COMPOSITE LIMITED has informed about Notice of Shareholders Meeting for Annual General Meeting to be held on 25-Oct-2024
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Record Date
26 September 2024 - The Record date for the purpose of determining the eligibility of shareholders for remote e-voting for 13th AGM is 18-Oct-2024.
About the Product[1] Fiber Reinforced Polymers (FRP's) are 70% lighter than steel, offering an exceptional strength-to-weight ratio. Compared to traditional materials like metal, concrete, and wood, FRP provides high strength while being significantly lighter.