ASL Industries Ltd

ASL Industries Ltd

₹ 55.8 4.99%
06 Jun - close price
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

  • Market Cap 58.1 Cr.
  • Current Price 55.8
  • High / Low 80.0 / 16.6
  • Stock P/E 116
  • Book Value 33.6
  • Dividend Yield 0.00 %
  • ROCE 1.93 %
  • ROE 1.44 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

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 3.60% over last 3 years.
  • 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 Sep 2023 Mar 2024
25.09 8.89 4.53 7.24 3.22 0.95 7.25 0.00 0.00 0.00 0.00
24.69 9.98 4.32 8.63 3.47 1.12 7.67 0.21 0.22 0.10 0.49
Operating Profit 0.40 -1.09 0.21 -1.39 -0.25 -0.17 -0.42 -0.21 -0.22 -0.10 -0.49
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 0.74 0.33
Interest 1.45 1.09 0.45 0.00 0.00 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 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 0.64 -0.16
Tax % 25.98% -6.84% -82.26% 27.84% 44.10% 32.00% 15.70% 25.00% 25.42% 25.00% 25.00%
-2.07 3.27 -1.13 -0.70 1.09 0.51 1.01 0.75 0.88 0.48 -0.12
EPS in Rs -1.99 3.14 -1.08 -0.67 1.05 0.49 0.97 0.72 0.84 0.46 -0.12
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
40.55 31.25 44.74 55.66 56.45 70.76 67.27 13.42 10.46 8.15 -0.02 0.00
38.90 29.85 41.35 50.06 48.54 67.85 65.38 14.29 12.10 8.74 0.41 0.57
Operating Profit 1.65 1.40 3.39 5.60 7.91 2.91 1.89 -0.87 -1.64 -0.59 -0.43 -0.57
OPM % 4.07% 4.48% 7.58% 10.06% 14.01% 4.11% 2.81% -6.48% -15.68% -7.24%
0.13 0.14 0.24 0.29 0.21 0.46 0.16 5.21 2.84 2.55 2.61 1.06
Interest 1.49 1.48 1.79 2.37 3.73 3.16 2.96 1.55 0.00 0.00 0.00 0.00
Depreciation 1.28 1.17 1.75 2.92 3.40 3.43 3.83 0.35 0.22 0.01 0.01 0.01
Profit before tax -0.99 -1.11 0.09 0.60 0.99 -3.22 -4.74 2.44 0.98 1.95 2.17 0.48
Tax % 32.32% 27.93% 111.11% 20.00% 49.49% 31.06% 28.27% 11.89% 60.20% 22.56% 25.35% 25.00%
-0.67 -0.79 0.00 0.48 0.49 -2.22 -3.40 2.15 0.39 1.51 1.63 0.36
EPS in Rs -16.60 -19.58 0.00 6.30 0.64 -2.13 -3.26 2.06 0.37 1.45 1.56 0.35
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: 10%
5 Years: 17%
3 Years: 165%
TTM: -69%
Stock Price CAGR
10 Years: %
5 Years: 38%
3 Years: 68%
1 Year: 165%
Return on Equity
10 Years: -1%
5 Years: 1%
3 Years: 4%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4.04 4.04 7.62 7.62 7.62 10.42 10.42 10.42 10.42 10.42 10.42 10.42
Reserves 9.90 9.11 17.58 17.98 18.48 23.26 19.75 21.23 21.16 22.67 24.31 24.61
13.56 12.04 21.36 31.04 33.09 28.42 26.02 0.00 0.00 0.00 0.00 0.00
4.79 5.11 9.67 10.05 12.10 13.45 7.11 4.55 0.44 0.06 0.37 -0.03
Total Liabilities 32.29 30.30 56.23 66.69 71.29 75.55 63.30 36.20 32.02 33.15 35.10 35.00
18.09 17.52 32.98 37.87 37.59 37.93 40.49 2.73 0.03 0.03 0.02 0.02
CWIP 0.15 0.15 1.66 2.10 5.40 5.67 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
14.01 12.59 21.55 26.68 28.26 31.91 22.77 33.43 31.95 33.08 35.04 34.94
Total Assets 32.29 30.30 56.23 66.69 71.29 75.55 63.30 36.20 32.02 33.15 35.10 35.00

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2.81 4.16 -4.26 0.26 13.15 -2.42 4.62 -17.24 -4.25 -0.69 0.36 -0.30
-0.63 -0.45 -18.84 -5.49 -6.44 -3.76 -0.85 42.89 4.13 0.02 0.00 0.00
0.28 -6.10 23.54 5.88 -7.24 5.98 -4.23 -24.96 0.00 0.00 0.00 0.00
Net Cash Flow 2.47 -2.39 0.44 0.65 -0.54 -0.20 -0.46 0.68 -0.12 -0.67 0.36 -0.30

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 4.68 11.68 31.74 35.15 36.14 39.41 26.53 97.64 130.86 4.03 -547.50
Inventory Days 93.55 136.30 131.67 178.21 213.35 172.40 116.14 281.74 0.00 0.00 0.00
Days Payable 28.87 46.50 24.50 76.33 107.36 90.32 43.38 12.20
Cash Conversion Cycle 69.36 101.48 138.91 137.03 142.13 121.49 99.29 367.17 130.86 4.03 -547.50
Working Capital Days 51.94 72.53 59.23 82.76 47.14 65.87 54.64 715.04 1,062.20 1,465.82 621,777.50
ROCE % 1.83% 1.40% 5.24% 6.01% 8.20% -0.35% -2.89% -0.75% -0.09% 6.03% 6.40%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2018Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
70.98% 70.98% 70.88% 70.88% 70.88% 70.89% 71.01% 26.24% 26.24% 26.24% 26.24% 26.24%
29.02% 29.02% 29.11% 29.12% 29.12% 29.10% 28.99% 73.76% 73.76% 73.76% 73.76% 73.77%
No. of Shareholders 125131127123886368949291101105

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