GNA Axles Ltd

GNA Axles Ltd

₹ 380 -1.86%
28 Mar - close price
About

GNA Axles is engaged in the Business of manufactures auto components for the four-wheeler industry, primary product being Rear Axles, Shafts, Spindles & other Automobiles Components for sale in domestic and foreign market.

Key Points

Product Portfolio
The Co. has an extensive product portfolio, built over the years, offering a large variety of axle shafts, spindles, and other shafts having a combined capacity of 6.7 million pieces. [1]

  • Market Cap 1,634 Cr.
  • Current Price 380
  • High / Low 583 / 366
  • Stock P/E 13.9
  • Book Value 181
  • Dividend Yield 1.58 %
  • ROCE 21.4 %
  • ROE 19.9 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 20.7% CAGR over last 5 years

Cons

  • Company might be capitalizing the interest cost

* 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
276 310 329 340 301 300 375 420 404 384 374 404 357
228 262 274 291 263 261 325 360 341 324 315 349 310
Operating Profit 48 48 54 48 38 40 51 60 63 59 59 55 47
OPM % 17% 16% 17% 14% 13% 13% 13% 14% 16% 15% 16% 14% 13%
0 1 0 0 0 0 0 0 0 0 1 1 0
Interest 2 1 3 3 3 2 3 3 3 2 3 3 2
Depreciation 10 10 12 13 13 13 12 13 12 12 12 15 13
Profit before tax 36 37 40 33 23 25 36 45 48 45 45 37 32
Tax % 26% 26% 26% 26% 28% 26% 26% 25% 26% 25% 26% 26% 30%
27 28 29 25 17 18 27 33 36 34 33 28 22
EPS in Rs 6.21 6.44 6.87 5.71 3.89 4.23 6.31 7.78 8.34 7.93 7.73 6.44 5.23
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
399 349 403 430 509 513 670 928 909 890 1,270 1,583 1,519
347 305 353 370 426 433 567 783 784 746 1,090 1,350 1,298
Operating Profit 52 44 51 60 82 80 103 145 124 144 181 233 221
OPM % 13% 13% 13% 14% 16% 16% 15% 16% 14% 16% 14% 15% 15%
0 0 0 1 0 3 3 0 1 2 1 1 2
Interest 12 13 15 17 16 13 7 8 14 9 11 11 11
Depreciation 12 14 17 23 27 24 25 35 42 41 50 49 53
Profit before tax 28 18 18 21 39 47 74 103 70 96 121 175 160
Tax % 39% 73% 28% -4% 34% 37% 31% 36% 24% 27% 26% 25%
17 5 13 22 26 30 51 66 53 71 89 130 117
EPS in Rs 5.59 1.59 4.38 7.13 8.57 6.90 11.86 15.35 12.30 16.44 20.70 30.36 27.33
Dividend Payout % 0% 0% 0% 0% 0% 0% 8% 9% 0% 15% 12% 10%
Compounded Sales Growth
10 Years: 16%
5 Years: 19%
3 Years: 20%
TTM: 1%
Compounded Profit Growth
10 Years: 39%
5 Years: 21%
3 Years: 35%
TTM: 3%
Stock Price CAGR
10 Years: %
5 Years: 18%
3 Years: 29%
1 Year: -2%
Return on Equity
10 Years: 16%
5 Years: 16%
3 Years: 17%
Last Year: 20%

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 15 15 15 15 15 21 21 21 21 21 21 21 43
Reserves 59 63 76 98 123 275 320 380 425 496 574 693 733
85 111 134 153 139 117 142 170 194 197 222 203 198
109 128 157 160 170 163 199 211 180 245 225 252 329
Total Liabilities 267 318 382 426 447 577 682 782 821 960 1,042 1,171 1,303
88 108 145 159 147 132 191 229 244 295 291 306 329
CWIP 7 29 24 0 0 3 0 16 61 0 0 12 6
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
172 181 213 267 299 443 492 538 515 665 751 853 967
Total Assets 267 318 382 426 447 577 682 782 821 960 1,042 1,171 1,303

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
28 40 36 27 74 -90 60 72 119 33 41 105
-23 -54 -61 -14 -16 -8 -78 -88 -123 -28 -46 -66
-5 15 24 -13 -58 98 19 16 4 -5 4 -39
Net Cash Flow -1 1 -1 -0 -0 -0 0 -0 -0 0 -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 78 91 101 103 116 130 128 123 119 180 136 129
Inventory Days 72 83 82 120 105 126 132 96 90 100 82 65
Days Payable 127 169 163 194 177 174 157 113 102 149 88 78
Cash Conversion Cycle 23 4 19 30 44 82 103 107 106 130 130 116
Working Capital Days 58 64 65 107 67 103 121 109 106 146 135 121
ROCE % 27% 17% 16% 15% 20% 17% 18% 21% 14% 15% 17% 21%

Shareholding Pattern

Numbers in percentages

10 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
67.51% 67.52% 67.52% 67.52% 67.88% 67.94% 67.96% 68.08% 68.09% 68.15% 68.15% 68.15%
1.48% 2.03% 1.54% 0.94% 0.60% 0.45% 0.18% 0.02% 2.17% 1.05% 1.12% 0.37%
11.10% 10.14% 9.04% 8.34% 8.77% 9.78% 10.63% 11.19% 11.91% 11.32% 10.83% 10.95%
19.91% 20.32% 21.91% 23.19% 22.75% 21.82% 21.22% 20.69% 17.83% 19.48% 19.90% 20.54%
No. of Shareholders 24,16527,47040,16346,93140,39538,62738,60535,95231,47836,17045,72849,424

* 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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