Alicon Castalloy Ltd
Alicon Castalloy manufactures aluminium castings including cylinder heads, support brackets, intake manifolds, crankshafts, and engine brackets for the auto industry. It has a presence in 18 countries and is a part of Alicon Group.
The co. was established as Enkei Castalloy Ltd, a joint venture between Pegasus Castalloy Ltd and Enkei Corporation (now Alicon Castalloy), in Japan; one of the largest manufacturers of alloy wheels in the world. [1] [2] [3]
- Market Cap ₹ 1,436 Cr.
- Current Price ₹ 891
- High / Low ₹ 1,070 / 723
- Stock P/E 28.5
- Book Value ₹ 316
- Dividend Yield 0.70 %
- ROCE 12.5 %
- ROE 11.0 %
- Face Value ₹ 5.00
Pros
Cons
- Stock is trading at 2.82 times its book value
- The company has delivered a poor sales growth of 6.69% over past five years.
- Company has a low return on equity of 6.34% over last 3 years.
- Promoter holding has decreased over last 3 years: -6.91%
* 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
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
469 | 525 | 533 | 714 | 749 | 772 | 1,013 | 1,189 | 957 | 849 | 1,078 | 1,401 | 1,459 | |
423 | 478 | 479 | 641 | 671 | 687 | 905 | 1,042 | 851 | 765 | 965 | 1,247 | 1,290 | |
Operating Profit | 46 | 46 | 53 | 73 | 78 | 85 | 108 | 146 | 106 | 83 | 113 | 154 | 169 |
OPM % | 10% | 9% | 10% | 10% | 10% | 11% | 11% | 12% | 11% | 10% | 10% | 11% | 12% |
5 | 7 | 4 | 2 | 3 | 4 | 9 | 3 | 3 | 3 | 3 | 3 | 4 | |
Interest | 13 | 11 | 11 | 20 | 22 | 26 | 30 | 35 | 39 | 36 | 30 | 31 | 38 |
Depreciation | 17 | 20 | 21 | 26 | 27 | 27 | 32 | 38 | 44 | 49 | 53 | 64 | 73 |
Profit before tax | 20 | 22 | 25 | 29 | 32 | 35 | 56 | 76 | 25 | 1 | 33 | 62 | 61 |
Tax % | 29% | 23% | 24% | 32% | 31% | 30% | 30% | 31% | 33% | 279% | 26% | 17% | |
14 | 17 | 19 | 20 | 22 | 25 | 39 | 53 | 17 | -2 | 24 | 51 | 50 | |
EPS in Rs | 13.11 | 15.35 | 17.42 | 18.04 | 18.12 | 20.14 | 28.94 | 38.82 | 12.36 | -1.39 | 15.01 | 31.91 | 31.31 |
Dividend Payout % | 10% | 13% | 14% | 17% | 21% | 21% | 22% | 18% | 10% | 0% | 15% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 7% |
3 Years: | 14% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 6% |
3 Years: | 45% |
TTM: | -8% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 7% |
3 Years: | 28% |
1 Year: | 14% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 8% |
3 Years: | 6% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 8 | 8 |
Reserves | 72 | 86 | 100 | 123 | 138 | 155 | 246 | 301 | 308 | 310 | 441 | 480 | 502 |
113 | 105 | 114 | 172 | 190 | 248 | 268 | 310 | 357 | 354 | 265 | 301 | 314 | |
122 | 122 | 139 | 176 | 182 | 176 | 260 | 256 | 230 | 236 | 295 | 299 | 322 | |
Total Liabilities | 311 | 319 | 359 | 476 | 516 | 585 | 781 | 874 | 901 | 907 | 1,008 | 1,088 | 1,145 |
138 | 142 | 146 | 180 | 234 | 258 | 293 | 337 | 370 | 366 | 388 | 408 | 438 | |
CWIP | 2 | 1 | 1 | 25 | 2 | 12 | 5 | 21 | 23 | 28 | 26 | 25 | 34 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 |
171 | 176 | 212 | 271 | 280 | 315 | 483 | 516 | 508 | 513 | 594 | 652 | 670 | |
Total Assets | 311 | 319 | 359 | 476 | 516 | 585 | 781 | 874 | 901 | 907 | 1,008 | 1,088 | 1,145 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 41 | 17 | 53 | 69 | 35 | 41 | 102 | 57 | 112 | 77 | 87 | |
-41 | -21 | -24 | -79 | -57 | -60 | -63 | -96 | -68 | -47 | -72 | -82 | |
13 | -22 | 6 | 28 | -9 | 23 | 22 | -7 | 6 | -55 | -9 | -4 | |
Net Cash Flow | 3 | -2 | -1 | 3 | 3 | -2 | 0 | -1 | -4 | 11 | -4 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 74 | 70 | 85 | 80 | 82 | 87 | 116 | 104 | 129 | 139 | 136 | 115 |
Inventory Days | 58 | 51 | 63 | 64 | 48 | 62 | 66 | 73 | 79 | 119 | 88 | 78 |
Days Payable | 117 | 98 | 121 | 116 | 116 | 120 | 135 | 112 | 114 | 148 | 145 | 113 |
Cash Conversion Cycle | 15 | 23 | 28 | 28 | 14 | 28 | 47 | 65 | 95 | 110 | 79 | 81 |
Working Capital Days | 16 | 14 | 31 | 32 | 27 | 48 | 61 | 69 | 101 | 115 | 99 | 89 |
ROCE % | 20% | 17% | 17% | 19% | 17% | 17% | 18% | 19% | 10% | 6% | 9% | 12% |
Documents
Announcements
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Concalls
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Nov 2023TranscriptNotesPPT
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Feb 2022TranscriptNotesPPT
-
Nov 2021Transcript PPT
-
Sep 2021TranscriptPPT
-
Aug 2021TranscriptNotesPPT
-
May 2021Transcript PPT
-
Mar 2021Transcript PPT
-
Nov 2020TranscriptPPT
-
Aug 2020Transcript PPT
-
Jul 2020Transcript PPT
-
Jun 2020TranscriptNotesPPT
-
Feb 2020Transcript PPT
-
Jan 2020TranscriptNotesPPT
-
Jan 2020TranscriptNotesPPT
-
Nov 2019Transcript PPT
-
Aug 2019Transcript PPT
-
May 2019Transcript PPT
-
Feb 2019Transcript PPT
-
Dec 2018Transcript PPT
-
Nov 2018TranscriptNotesPPT
Market Presence
The Co. operates one of the largest Aluminum foundries in India. It is one of the leaders in the processing of Low Pressure Die Casting (LPDC) and Gravity Die Casting (GDC) and in the development of Pro-Cast and Magma space in India. [1]