GNA Axles Ltd
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.
- Market Cap ₹ 1,586 Cr.
- Current Price ₹ 739
- High / Low ₹ 977 / 471
- Stock P/E 12.2
- Book Value ₹ 333
- Dividend Yield 0.68 %
- ROCE 21.6 %
- 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
399 | 349 | 403 | 430 | 509 | 513 | 670 | 928 | 909 | 890 | 1,270 | 1,583 | |
347 | 305 | 353 | 370 | 426 | 433 | 567 | 783 | 784 | 746 | 1,090 | 1,350 | |
Operating Profit | 52 | 44 | 51 | 60 | 82 | 80 | 103 | 145 | 124 | 144 | 181 | 233 |
OPM % | 13% | 13% | 13% | 14% | 16% | 16% | 15% | 16% | 14% | 16% | 14% | 15% |
0 | 0 | 0 | 1 | 0 | 3 | 3 | 0 | 1 | 2 | 1 | 1 | |
Interest | 12 | 13 | 15 | 17 | 16 | 13 | 7 | 8 | 14 | 9 | 11 | 11 |
Depreciation | 12 | 14 | 17 | 23 | 27 | 24 | 25 | 35 | 42 | 41 | 50 | 49 |
Profit before tax | 28 | 18 | 18 | 21 | 39 | 47 | 74 | 103 | 70 | 96 | 121 | 175 |
Tax % | 39% | 73% | 28% | -4% | 34% | 37% | 31% | 36% | 24% | 27% | 26% | 25% |
Net Profit | 17 | 5 | 13 | 22 | 26 | 30 | 51 | 66 | 53 | 71 | 89 | 130 |
EPS in Rs | 11.16 | 3.17 | 8.75 | 14.24 | 17.12 | 13.79 | 23.70 | 30.68 | 24.57 | 32.85 | 41.36 | 60.67 |
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: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | 39% |
5 Years: | 21% |
3 Years: | 35% |
TTM: | 47% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 57% |
1 Year: | 41% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 15 | 15 | 15 | 15 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | |
Reserves | 59 | 63 | 76 | 98 | 123 | 275 | 320 | 380 | 425 | 496 | 574 | 693 |
85 | 111 | 134 | 153 | 139 | 117 | 142 | 170 | 194 | 197 | 222 | 186 | |
109 | 128 | 157 | 160 | 170 | 163 | 199 | 211 | 180 | 245 | 225 | 270 | |
Total Liabilities | 267 | 318 | 382 | 426 | 447 | 577 | 682 | 782 | 821 | 960 | 1,042 | 1,171 |
88 | 108 | 145 | 159 | 147 | 132 | 191 | 229 | 244 | 295 | 291 | 306 | |
CWIP | 7 | 29 | 24 | 0 | 0 | 3 | 0 | 16 | 61 | 0 | 0 | 12 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
172 | 181 | 213 | 267 | 299 | 443 | 492 | 538 | 515 | 665 | 751 | 853 | |
Total Assets | 267 | 318 | 382 | 426 | 447 | 577 | 682 | 782 | 821 | 960 | 1,042 | 1,171 |
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% | 22% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report for the year ended March 31, 2023 issued by Ms. Harsimran Kaur, Practicing Company Secretary and Secretarial Auditor of the Company.
-
Disclosure Under SEBI (SAST) & (PIT) Regulations
29 May - Received Disclosure under regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 and regulation 29 of SEBI (Substantial Acquisition of shares and takeovers) Regulations, …
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 26 May
-
Disclosure Under SEBI (SAST) & (PIT) Regulations
25 May - Received Disclosure under regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 and regulation 29 of SEBI (Substantial Acquisition of shares and takeovers) Regulations, …
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]