Ameya Precision Engineers Ltd
Ameya Precision Engineers Limited is engaged in manufacturing high-end precision components (shafts, and other trim components) for the general engineering industry, focussing on the valve and pump manufacturing.[1]
- Market Cap ₹ 40.6 Cr.
- Current Price ₹ 54.2
- High / Low ₹ 69.6 / 35.2
- Stock P/E 17.9
- Book Value ₹ 27.3
- Dividend Yield 0.00 %
- ROCE 13.7 %
- ROE 11.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 100 to 130 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: Engineering Industry: Engineering
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
21.83 | 23.40 | 24.65 | 23.64 | 28.51 | 30.78 | |
18.95 | 19.43 | 19.64 | 20.66 | 25.61 | 27.41 | |
Operating Profit | 2.88 | 3.97 | 5.01 | 2.98 | 2.90 | 3.37 |
OPM % | 13.19% | 16.97% | 20.32% | 12.61% | 10.17% | 10.95% |
1.36 | 0.14 | 0.24 | 0.18 | 0.40 | 0.56 | |
Interest | 0.85 | 0.60 | 0.60 | 0.26 | 0.17 | 0.13 |
Depreciation | 1.00 | 1.05 | 0.99 | 0.81 | 0.78 | 0.89 |
Profit before tax | 2.39 | 2.46 | 3.66 | 2.09 | 2.35 | 2.91 |
Tax % | 27.62% | 26.83% | 25.41% | 27.75% | 21.28% | |
1.73 | 1.80 | 2.73 | 1.52 | 1.85 | 2.27 | |
EPS in Rs | 173.00 | 180.00 | 136.50 | 2.53 | 2.47 | 3.02 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 7% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 1% |
TTM: | 80% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 29% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 1.00 | 1.00 | 2.00 | 6.00 | 7.50 | 7.50 |
Reserves | 6.46 | 8.26 | 9.99 | 7.51 | 11.85 | 12.97 |
6.27 | 7.93 | 5.07 | 2.98 | 0.82 | 0.57 | |
4.57 | 5.16 | 4.46 | 3.34 | 3.86 | 5.96 | |
Total Liabilities | 18.30 | 22.35 | 21.52 | 19.83 | 24.03 | 27.00 |
4.80 | 5.18 | 4.67 | 4.61 | 4.72 | 4.47 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.90 | 0.56 | 1.00 | 1.00 |
13.50 | 17.17 | 15.95 | 14.66 | 18.31 | 21.53 | |
Total Assets | 18.30 | 22.35 | 21.52 | 19.83 | 24.03 | 27.00 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
3.08 | 1.47 | 5.61 | 1.13 | -1.98 | |
-1.35 | -1.23 | -0.43 | -0.73 | -1.28 | |
-1.72 | -0.23 | -3.25 | -2.25 | 3.19 | |
Net Cash Flow | 0.01 | 0.01 | 1.93 | -1.85 | -0.07 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 82.93 | 112.62 | 72.85 | 98.20 | 130.33 |
Inventory Days | 135.78 | 203.00 | 175.17 | 188.77 | 135.73 |
Days Payable | 132.35 | 174.46 | 96.70 | 93.05 | 57.05 |
Cash Conversion Cycle | 86.36 | 141.16 | 151.32 | 193.91 | 209.01 |
Working Capital Days | 139.45 | 180.16 | 135.78 | 167.99 | 188.45 |
ROCE % | 19.40% | 24.88% | 13.77% | 13.69% |
Product Portfolio[1] Company manufactures shafts/stems such as Gate valves, Butterfly valves, Pumps, Flanges such as Valve Bonnets, Seats/Discs, Plugs, and Hard Facing and Corrosion Resistant Overlays such as Stellite / Colmonoy, Valve Seats /Discs / Plugs and Pump Wear Rings