Autoline Industries Ltd

Autoline Industries Ltd

₹ 126 -1.68%
25 Apr - close price
About

Incorporated in 1996, Autoline Industries Ltd is in the business of manufacturing sheet metal stampings, welded assemblies and modules for the automotive industry[1]

Key Points

Business Overview:[1]
AIL is a medium-sized auto engineering firm which crafts sheet metal components, subassemblies, and assorted parts for top-
tier automotive OEMs, including
a) Foot Control Modules
b) Parking brakes
c) Hinges, cab stay and tilt
d) Exhaust systems
e) Tubular structures
f) Prototyping
g) Fabrications

  • Market Cap 490 Cr.
  • Current Price 126
  • High / Low 165 / 61.4
  • Stock P/E 43.5
  • Book Value 17.4
  • Dividend Yield 0.00 %
  • ROCE 8.79 %
  • ROE 1.72 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 54.9 to 41.6 days.

Cons

  • Stock is trading at 7.23 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 33.4%
  • Company has a low return on equity of -42.0% over last 3 years.

* 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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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
92.05 117.78 80.31 135.49 164.21 186.36 179.67 166.57 151.40 148.95 148.46 160.54 152.82
90.19 107.60 78.50 123.73 152.08 167.07 167.49 160.38 140.65 141.06 138.11 148.59 140.57
Operating Profit 1.86 10.18 1.81 11.76 12.13 19.29 12.18 6.19 10.75 7.89 10.35 11.95 12.25
OPM % 2.02% 8.64% 2.25% 8.68% 7.39% 10.35% 6.78% 3.72% 7.10% 5.30% 6.97% 7.44% 8.02%
0.39 5.86 5.39 0.38 0.66 1.50 0.09 14.33 0.77 1.48 0.56 0.60 0.62
Interest 7.64 9.25 6.64 5.95 6.41 6.32 5.63 5.07 4.93 5.76 5.50 4.98 4.76
Depreciation 5.13 5.01 5.06 5.00 4.99 5.06 4.97 5.05 4.08 3.30 3.39 3.41 3.34
Profit before tax -10.52 1.78 -4.50 1.19 1.39 9.41 1.67 10.40 2.51 0.31 2.02 4.16 4.77
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-10.52 1.78 -4.50 1.19 1.39 9.41 1.67 10.40 2.51 0.31 2.02 4.16 4.77
EPS in Rs -3.40 0.57 -1.19 0.31 0.37 2.48 0.43 2.67 0.64 0.08 0.52 1.07 1.22
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
575 573 397 362 311 359 385 452 316 284 566 647 611
513 536 397 378 312 353 387 444 328 275 521 610 568
Operating Profit 63 37 0 -16 -1 6 -3 8 -12 9 45 37 42
OPM % 11% 6% 0% -4% -0% 2% -1% 2% -4% 3% 8% 6% 7%
23 12 -2 42 15 -30 10 46 -1 7 8 17 3
Interest 29 34 31 31 27 37 37 37 31 32 25 21 21
Depreciation 19 20 22 26 24 23 22 21 21 20 20 17 13
Profit before tax 38 -6 -55 -32 -38 -83 -51 -4 -65 -36 8 15 11
Tax % 11% 118% -0% -3% -0% 15% 0% 0% 0% 0% 0% 0%
33 1 -55 -33 -39 -71 -51 -4 -65 -36 8 15 11
EPS in Rs 27.42 0.78 -44.93 -26.42 -29.17 -44.21 -24.44 -1.49 -24.18 -11.50 1.98 3.82 2.89
Dividend Payout % 15% 128% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 1%
5 Years: 11%
3 Years: 27%
TTM: -11%
Compounded Profit Growth
10 Years: 8%
5 Years: 15%
3 Years: 26%
TTM: 19%
Stock Price CAGR
10 Years: 6%
5 Years: 21%
3 Years: 52%
1 Year: 74%
Return on Equity
10 Years: -50%
5 Years: -70%
3 Years: -42%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 12 12 12 12 13 16 21 27 27 31 38 39 39
Reserves 219 220 166 132 99 43 27 61 -5 -25 5 22 29
231 229 200 183 198 224 250 214 181 192 234 169 197
111 116 94 115 114 148 113 135 135 140 123 123 151
Total Liabilities 573 577 472 442 424 431 412 437 338 338 400 354 416
273 273 276 252 223 207 184 164 145 125 106 100 185
CWIP 15 19 0 0 1 0 3 1 1 1 4 4 2
Investments 97 98 64 64 68 67 74 74 74 77 76 76 0
189 187 131 125 132 156 150 198 118 136 214 174 228
Total Assets 573 577 472 442 424 431 412 437 338 338 400 354 416

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-8 31 -3 23 -2 44 -9 23 17 12 -52 76
-27 -26 28 -2 8 -4 1 4 -1 -3 4 10
28 -8 -29 -18 -6 -40 10 -29 -16 -10 47 -86
Net Cash Flow -7 -2 -4 3 1 -0 2 -2 0 -1 -0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 25 25 23 24 33 52 40 33 28 53 70 42
Inventory Days 74 77 74 69 91 84 86 70 66 79 45 37
Days Payable 70 78 75 92 127 138 71 60 90 132 56 55
Cash Conversion Cycle 29 24 22 1 -3 -3 55 44 3 -0 59 24
Working Capital Days 46 0 -19 -1 -8 -55 -46 -17 -147 -50 36 12
ROCE % 11% 5% -5% -12% -8% -4% -8% -4% -12% -5% 11% 9%

Shareholding Pattern

Numbers in percentages

8 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
31.64% 31.64% 31.64% 31.64% 33.39% 33.40% 33.40% 33.40% 33.40% 33.40% 33.40% 33.40%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.22% 0.00% 0.03% 0.01% 0.00% 0.15%
19.75% 19.75% 19.75% 19.75% 19.24% 12.31% 12.31% 12.31% 12.31% 12.31% 12.31% 12.58%
48.61% 48.61% 48.61% 48.61% 47.36% 54.30% 54.09% 54.32% 54.28% 54.31% 54.31% 53.89%
No. of Shareholders 16,15016,05217,29219,03119,48819,14419,32019,63920,71121,94424,25425,763

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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