Autoline Industries Ltd

Autoline Industries Ltd

₹ 124 -1.51%
26 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 483 Cr.
  • Current Price 124
  • High / Low 165 / 61.4
  • Stock P/E 56.7
  • Book Value 20.6
  • Dividend Yield 0.00 %
  • ROCE 6.83 %
  • ROE 1.96 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 56.9 to 42.4 days.
  • Company's working capital requirements have reduced from 92.2 days to 71.9 days

Cons

  • Stock is trading at 6.03 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%
  • Tax rate seems low
  • Company has a low return on equity of -27.8% 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

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
92.60 117.78 80.31 135.49 164.61 188.02 179.89 167.71 153.40 148.74 149.39 161.57 153.77
90.78 107.84 78.30 123.70 151.81 168.33 167.39 161.02 140.38 142.09 138.87 149.26 141.27
Operating Profit 1.82 9.94 2.01 11.79 12.80 19.69 12.50 6.69 13.02 6.65 10.52 12.31 12.50
OPM % 1.97% 8.44% 2.50% 8.70% 7.78% 10.47% 6.95% 3.99% 8.49% 4.47% 7.04% 7.62% 8.13%
0.34 0.60 5.25 0.19 0.46 1.32 -0.07 13.88 0.62 -3.12 -0.05 -0.11 0.10
Interest 7.70 9.25 6.64 5.98 6.41 6.65 5.74 5.20 5.07 5.97 5.70 5.18 4.94
Depreciation 5.13 5.01 5.06 5.00 4.99 5.08 4.97 5.07 4.09 3.50 3.46 3.49 3.42
Profit before tax -10.67 -3.72 -4.44 1.00 1.86 9.28 1.72 10.30 4.48 -5.94 1.31 3.53 4.24
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.51% 3.82% 6.23% 1.18%
-10.67 -3.72 -4.44 1.00 1.86 9.28 1.72 10.30 4.48 -5.97 1.26 3.31 4.19
EPS in Rs -3.44 -0.28 -1.15 0.31 0.51 2.47 0.46 2.66 1.17 -1.44 0.36 0.90 1.10
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
748 801 677 507 311 359 385 452 316 285 568 650 613
672 743 655 512 312 354 388 445 329 276 522 611 571
Operating Profit 76 58 22 -5 -1 6 -3 7 -13 9 46 39 42
OPM % 10% 7% 3% -1% -0% 2% -1% 2% -4% 3% 8% 6% 7%
23 11 -1 9 14 -30 10 46 -1 2 7 12 -3
Interest 31 37 34 32 27 37 37 38 31 32 26 22 22
Depreciation 21 23 25 28 25 23 22 21 21 20 20 18 14
Profit before tax 47 9 -38 -56 -39 -84 -52 -5 -66 -42 8 11 3
Tax % 16% -22% -5% -2% -0% 15% -0% -1% 0% 0% 0% 0%
39 11 -40 -57 -39 -72 -52 -5 -66 -42 8 11 3
EPS in Rs 32.51 8.91 -32.36 -46.12 -29.50 -44.86 -24.94 -1.83 -24.43 -13.53 2.03 2.71 0.92
Dividend Payout % 12% 11% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -2%
5 Years: 11%
3 Years: 27%
TTM: -11%
Compounded Profit Growth
10 Years: -17%
5 Years: 15%
3 Years: 26%
TTM: -26%
Stock Price CAGR
10 Years: 6%
5 Years: 21%
3 Years: 51%
1 Year: 66%
Return on Equity
10 Years: -36%
5 Years: -51%
3 Years: -28%
Last Year: 2%

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 12 12 12 12 13 16 21 27 27 31 38 39 39
Reserves 255 266 269 148 113 58 45 78 12 -9 23 36 41
245 246 266 183 198 224 250 220 187 197 237 173 202
168 168 121 172 175 209 181 201 205 207 190 191 219
Total Liabilities 681 693 669 516 499 507 497 526 432 426 487 439 500
287 291 296 252 223 240 221 205 187 169 150 141 160
CWIP 15 19 0 0 1 0 3 1 1 1 4 11 2
Investments 66 66 32 32 32 0 0 0 0 0 0 0 0
314 317 342 232 244 267 273 320 244 256 333 287 338
Total Assets 681 693 669 516 499 507 497 526 432 426 487 439 500

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
48 41 -52 69 -16 44 -17 19 23 7 -53 76
-61 -32 21 7 19 -5 7 4 -3 -0 5 2
10 -5 21 -76 -3 -40 13 -25 -19 -7 47 -79
Net Cash Flow -3 3 -10 -0 -0 -0 2 -2 1 -1 -0 0

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 30 22 52 19 36 54 43 36 31 57 71 42
Inventory Days 124 119 143 154 266 238 237 196 241 295 148 122
Days Payable 69 65 53 68 128 139 73 60 82 133 56 56
Cash Conversion Cycle 85 76 142 105 174 153 208 171 190 219 163 109
Working Capital Days 84 46 91 74 121 54 66 41 -18 95 110 72
ROCE % 11% 7% 0% -7% -6% -4% -7% -3% -9% -4% 9% 7%

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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