ASL Industries Ltd

ASL Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

ASL Industries Ltd

₹ 21.6 None%
08 May - close price
Company website NSE - SM : ASLIND
About

Incorporated in 1992, ASL Industries Ltd manufactures and trades Automobiles parts, Parts of Railway or tramway and other related services including Jobwork[1]

Key Points

Business Overview:[1][2]
Company deals in iron and steel, sheet metal components, forged components, and assemblies and is an authorized sales and service dealer for TML. It is an OEM of sheet metal Pressing & Deep drawing, Machined Assemblies Fabricated Auto Component and forge Products for Railways, Defence, and Automobiles. Company provides one stop solution from metal forming to assembly under one roof along with logistics and just-in-time solutions

Website NSE - SM
  • Market Cap ₹ 22.5 Cr.
  • Current Price ₹ 21.6
  • High / Low ₹ 31.4 / 21.6
  • Stock P/E 13.8
  • Book Value ₹ 33.3
  • Dividend Yield 0.00 %
  • ROCE 6.56 %
  • ROE 4.93 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 0.65 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 26.2%
  • Company has a low return on equity of 3.20% over last 3 years.
  • Earnings include an other income of Rs.2.61 Cr.
  • Promoter holding has decreased over last 3 years: -44.6%

* 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

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Half Yearly Results

Figures in Rs. Crores

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023
25.09 8.89 4.53 7.24 3.22 0.95 7.25 0.00 0.00
24.69 9.98 4.32 8.63 3.47 1.12 7.67 0.21 0.22
Operating Profit 0.40 -1.09 0.21 -1.39 -0.25 -0.17 -0.42 -0.21 -0.22
OPM % 1.59% -12.26% 4.64% -19.20% -7.76% -17.89% -5.79%
0.05 5.43 -0.22 0.55 2.29 0.92 1.63 1.21 1.40
Interest 1.45 1.09 0.45 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 1.81 0.18 0.16 0.13 0.09 0.00 0.00 0.00 0.00
Profit before tax -2.81 3.07 -0.62 -0.97 1.95 0.75 1.21 1.00 1.18
Tax % 25.98% -6.84% -82.26% 27.84% 44.10% 32.00% 15.70% 25.00% 25.42%
Net Profit -2.07 3.27 -1.13 -0.70 1.09 0.51 1.01 0.75 0.88
EPS in Rs -1.99 3.14 -1.08 -0.67 1.05 0.49 0.97 0.72 0.84
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
53.04 40.55 31.25 44.74 55.66 56.45 70.76 67.27 13.42 10.46 8.20 0.00
49.04 38.90 29.85 41.35 50.06 48.54 67.85 65.38 14.29 12.10 8.79 0.43
Operating Profit 4.00 1.65 1.40 3.39 5.60 7.91 2.91 1.89 -0.87 -1.64 -0.59 -0.43
OPM % 7.54% 4.07% 4.48% 7.58% 10.06% 14.01% 4.11% 2.81% -6.48% -15.68% -7.20%
0.06 0.13 0.14 0.24 0.29 0.21 0.46 0.16 5.21 2.84 2.55 2.61
Interest 1.56 1.49 1.48 1.79 2.37 3.73 3.16 2.96 1.55 0.00 0.00 0.00
Depreciation 1.69 1.28 1.17 1.75 2.92 3.40 3.43 3.83 0.35 0.22 0.01 0.01
Profit before tax 0.81 -0.99 -1.11 0.09 0.60 0.99 -3.22 -4.74 2.44 0.98 1.95 2.17
Tax % 33.33% 32.32% 27.93% 111.11% 20.00% 49.49% 31.06% 28.27% 11.89% 60.20% 22.56% 25.35%
Net Profit 0.53 -0.67 -0.79 0.00 0.48 0.49 -2.22 -3.40 2.15 0.39 1.51 1.63
EPS in Rs 13.14 -16.60 -19.58 0.00 6.30 0.64 -2.13 -3.26 2.06 0.37 1.45 1.56
Dividend Payout % 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: %
5 Years: %
3 Years: %
TTM: -100%
Compounded Profit Growth
10 Years: 16%
5 Years: 22%
3 Years: 42%
TTM: 8%
Stock Price CAGR
10 Years: %
5 Years: -2%
3 Years: 53%
1 Year: -27%
Return on Equity
10 Years: -2%
5 Years: -1%
3 Years: 3%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
4.04 4.04 4.04 7.62 7.62 7.62 10.42 10.42 10.42 10.42 10.42 10.42
Reserves 10.57 9.90 9.11 17.58 17.98 18.48 23.26 19.75 21.23 21.16 22.67 24.31
12.66 13.56 12.04 21.36 31.04 33.09 28.42 26.02 0.00 0.00 0.00 0.00
4.29 4.79 5.11 9.67 10.05 12.10 13.45 7.11 4.55 0.44 0.06 0.37
Total Liabilities 31.56 32.29 30.30 56.23 66.69 71.29 75.55 63.30 36.20 32.02 33.15 35.10
18.67 18.09 17.52 32.98 37.87 37.59 37.93 40.49 2.73 0.03 0.03 0.02
CWIP 0.09 0.15 0.15 1.66 2.10 5.40 5.67 0.00 0.00 0.00 0.00 0.00
Investments 0.02 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
12.78 14.01 12.59 21.55 26.68 28.26 31.91 22.77 33.43 31.95 33.08 35.04
Total Assets 31.56 32.29 30.30 56.23 66.69 71.29 75.55 63.30 36.20 32.02 33.15 35.10

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
4.93 2.81 4.16 -4.26 0.26 13.15 -2.42 4.62 -17.24 -4.25 -0.69 0.36
-3.26 -0.63 -0.45 -18.84 -5.49 -6.44 -3.76 -0.85 42.89 4.13 0.02 0.00
-1.69 0.28 -6.10 23.54 5.88 -7.24 5.98 -4.23 -24.96 0.00 0.00 0.00
Net Cash Flow -0.02 2.47 -2.39 0.44 0.65 -0.54 -0.20 -0.46 0.68 -0.12 -0.67 0.36

Ratios

Figures in Rs. Crores

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 14.52 4.68 11.68 31.74 35.15 36.14 39.41 26.53 97.64 130.86 4.01
Inventory Days 67.51 93.55 136.30 131.67 178.21 213.35 172.40 116.14 281.74 0.00 0.00
Days Payable 19.26 28.87 46.50 24.50 76.33 107.36 90.32 43.38 12.20
Cash Conversion Cycle 62.77 69.36 101.48 138.91 137.03 142.13 121.49 99.29 367.17 130.86 4.01
Working Capital Days 54.16 51.94 72.53 59.23 82.76 47.14 65.87 54.64 715.04 1,062.20 1,456.88
ROCE % 8.89% 1.83% 1.40% 5.24% 6.01% 8.20% -0.35% -2.89% -0.75% -0.09% 6.03%

Shareholding Pattern

Numbers in percentages

Sep 2017 Mar 2018 Sep 2018 Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023
70.98 70.98 70.98 70.98 70.88 70.88 70.88 70.89 71.01 26.24 26.24 26.24
29.02 29.02 29.02 29.02 29.11 29.12 29.12 29.10 28.99 73.76 73.76 73.76

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