Advance Metering Technology Ltd

Advance Metering Technology Ltd

₹ 44.8 9.95%
25 Apr - close price
About

Incorporated in 2011, Advance Metering Technology Ltd is in the business of Energy Generation, Energy Measurement and Energy Management

Key Points

Business Overview:[1][2]
Company was incorporated as a Special Purpose Vehicle to take over Metering Division and proposed power generation business of Eon Electric Limited. Company
is involved in Energy Generation through Renewable source, Energy Measurement
and Energy Management. Company manufactures Energy monitoring devices including Energy Meters for Smart Grid and metering solutions for Indian and global markets. Company provides technical services relating to Energy Sector. Company is also in the business of power generation by using technologies in domain of Wind mills, Bio-fuels and Solar Energy as fuels.

  • Market Cap 71.9 Cr.
  • Current Price 44.8
  • High / Low 64.6 / 17.2
  • Stock P/E
  • Book Value 63.4
  • Dividend Yield 0.00 %
  • ROCE -4.57 %
  • ROE -6.62 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Stock is trading at 0.71 times its book value
  • Debtor days have improved from 186 to 131 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -14.6% over past five years.
  • Company has a low return on equity of -5.93% over last 3 years.
  • Earnings include an other income of Rs.6.70 Cr.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
2.81 5.57 4.81 5.63 3.69 2.90 5.34 4.86 3.52 4.72 4.78 5.39 3.56
3.65 6.32 4.42 3.61 3.96 4.30 3.90 4.73 4.91 7.07 4.95 4.69 4.68
Operating Profit -0.84 -0.75 0.39 2.02 -0.27 -1.40 1.44 0.13 -1.39 -2.35 -0.17 0.70 -1.12
OPM % -29.89% -13.46% 8.11% 35.88% -7.32% -48.28% 26.97% 2.67% -39.49% -49.79% -3.56% 12.99% -31.46%
1.57 1.59 1.18 0.61 0.84 0.31 0.21 -0.47 13.10 1.09 1.41 1.21 2.99
Interest 1.86 2.05 0.65 0.31 0.45 0.38 0.34 0.47 0.32 0.26 0.20 0.22 0.24
Depreciation 1.31 1.57 1.36 1.08 1.14 0.98 1.12 1.13 1.13 1.47 1.15 1.18 1.16
Profit before tax -2.44 -2.78 -0.44 1.24 -1.02 -2.45 0.19 -1.94 10.26 -2.99 -0.11 0.51 0.47
Tax % 0.00% -0.36% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.33% 0.00% 0.00% 0.00%
-2.45 -2.79 -0.45 1.24 -1.02 -2.45 0.19 -1.94 10.26 -3.00 -0.11 0.51 0.46
EPS in Rs -1.53 -1.74 -0.28 0.77 -0.64 -1.53 0.12 -1.21 6.39 -1.87 -0.07 0.32 0.29
Raw PDF

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
0.00 6.83 15.00 18.86 26.05 32.50 40.49 87.43 28.10 15.65 17.03 18.43 18.45
0.01 12.81 20.26 23.57 28.16 32.18 41.73 78.95 37.80 16.13 16.28 27.45 21.39
Operating Profit -0.01 -5.98 -5.26 -4.71 -2.11 0.32 -1.24 8.48 -9.70 -0.48 0.75 -9.02 -2.94
OPM % -87.55% -35.07% -24.97% -8.10% 0.98% -3.06% 9.70% -34.52% -3.07% 4.40% -48.94% -15.93%
0.00 6.64 0.11 8.03 6.04 6.05 3.74 3.94 5.09 5.58 2.94 20.78 6.70
Interest 0.00 0.94 3.55 4.74 5.35 5.35 6.15 7.72 8.65 7.80 1.80 1.39 0.92
Depreciation 0.00 3.42 5.14 4.97 4.26 4.75 3.70 4.21 5.72 5.67 4.57 4.85 4.96
Profit before tax -0.01 -3.70 -13.84 -6.39 -5.68 -3.73 -7.35 0.49 -18.98 -8.37 -2.68 5.52 -2.12
Tax % 0.00% 76.22% 0.58% 10.95% 0.00% 0.00% 0.00% 0.00% 0.00% -0.12% 0.00% 0.18%
-0.01 -0.89 -13.77 -5.69 -5.67 -3.73 -7.35 0.49 -18.97 -8.38 -2.68 5.50 -2.14
EPS in Rs -0.55 -8.58 -3.54 -3.53 -2.31 -4.56 0.31 -11.81 -5.22 -1.67 3.43 -1.33
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 10%
5 Years: -15%
3 Years: -13%
TTM: 11%
Compounded Profit Growth
10 Years: 1%
5 Years: 3%
3 Years: 18%
TTM: 52%
Stock Price CAGR
10 Years: 11%
5 Years: 11%
3 Years: 72%
1 Year: 152%
Return on Equity
10 Years: -7%
5 Years: -7%
3 Years: -6%
Last Year: -7%

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 0.05 8.03 8.03 8.03 8.03 8.03 8.03 8.03 8.03 8.03 8.03 8.03 8.03
Reserves -0.01 150.45 140.87 135.00 129.30 125.04 117.68 117.94 98.86 90.53 87.83 93.31 93.71
1.89 28.38 42.78 47.00 50.16 56.80 70.76 82.88 88.03 85.79 17.04 10.60 11.56
5.02 10.06 8.15 5.97 6.60 10.92 16.64 22.66 20.34 17.83 22.84 9.65 6.83
Total Liabilities 6.95 196.92 199.83 196.00 194.09 200.79 213.11 231.51 215.26 202.18 135.74 121.59 120.13
0.00 95.03 85.07 99.94 101.36 99.93 100.11 118.95 120.37 114.87 59.33 63.10 61.85
CWIP 0.00 26.41 34.27 6.58 7.17 12.82 19.68 4.95 0.24 0.24 0.00 0.00 0.00
Investments 0.00 64.85 60.47 53.70 53.66 50.75 56.10 57.96 4.53 5.14 0.97 4.07 21.60
6.95 10.63 20.02 35.78 31.90 37.29 37.22 49.65 90.12 81.93 75.44 54.42 36.68
Total Assets 6.95 196.92 199.83 196.00 194.09 200.79 213.11 231.51 215.26 202.18 135.74 121.59 120.13

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
-11.66 -6.61 2.66 -3.69 -2.34 3.84 2.68 5.70 3.32 8.35
4.01 14.00 -0.53 -2.33 -10.99 -8.62 0.61 9.31 66.54 2.15
10.21 6.81 -12.02 11.46 7.99 4.67 -3.90 -15.16 -64.76 -12.90
Net Cash Flow 2.56 14.20 -9.89 5.45 -5.34 -0.11 -0.61 -0.15 5.10 -2.40

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 148.03 91.01 130.25 124.56 132.64 147.21 87.09 138.34 272.88 155.60 130.91
Inventory Days 545.49 398.25 236.66 246.78 137.54 119.71 86.81 276.78 1,150.37 1,204.87 777.57
Days Payable 1,275.49 292.85 154.44 127.95 176.97 186.19 122.89 202.33 1,089.35 866.72 316.65
Cash Conversion Cycle -581.97 196.40 212.47 243.39 93.20 80.72 51.00 212.79 333.90 493.75 591.84
Working Capital Days -149.10 112.91 155.21 30.26 99.95 74.37 49.60 138.47 185.42 159.67 229.73
ROCE % -9.59% -4.83% -4.80% -2.83% -1.01% -0.74% 4.00% -5.10% -0.27% -0.71% -4.57%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.55% 63.55% 63.55% 63.55% 63.55% 63.55% 63.55% 63.55% 63.55% 63.55% 63.55% 63.55%
36.45% 36.45% 36.45% 36.45% 36.45% 36.45% 36.44% 36.46% 36.44% 36.46% 36.45% 36.44%
No. of Shareholders 10,0439,95310,13510,16710,24810,27010,27110,26410,32710,52312,64912,944

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