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 ₹ 1,634 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
509 | 513 | 670 | 928 | 909 | 890 | 1,270 | 1,583 | 1,519 | |
426 | 433 | 567 | 783 | 784 | 746 | 1,090 | 1,350 | 1,298 | |
Operating Profit | 82 | 80 | 103 | 145 | 124 | 144 | 181 | 233 | 221 |
OPM % | 16% | 16% | 15% | 16% | 14% | 16% | 14% | 15% | 15% |
0 | 3 | 3 | 0 | 1 | 2 | 1 | 1 | 2 | |
Interest | 16 | 13 | 7 | 8 | 14 | 9 | 11 | 11 | 11 |
Depreciation | 27 | 24 | 25 | 35 | 42 | 41 | 50 | 49 | 53 |
Profit before tax | 39 | 47 | 74 | 103 | 70 | 96 | 121 | 175 | 160 |
Tax % | 34% | 37% | 31% | 36% | 24% | 26% | 26% | 25% | |
26 | 30 | 51 | 66 | 53 | 71 | 89 | 130 | 117 | |
EPS in Rs | 8.56 | 6.89 | 11.86 | 15.35 | 12.29 | 16.46 | 20.69 | 30.35 | 27.31 |
Dividend Payout % | 0% | 0% | 8% | 9% | 0% | 15% | 12% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 20% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
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: | % |
5 Years: | 16% |
3 Years: | 17% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 43 |
Reserves | 123 | 275 | 320 | 380 | 425 | 496 | 574 | 693 | 732 |
139 | 117 | 142 | 170 | 194 | 197 | 222 | 203 | 198 | |
170 | 163 | 199 | 211 | 180 | 245 | 225 | 253 | 329 | |
Total Liabilities | 447 | 577 | 682 | 782 | 821 | 960 | 1,042 | 1,171 | 1,303 |
147 | 132 | 191 | 229 | 244 | 295 | 291 | 306 | 329 | |
CWIP | 0 | 3 | 0 | 16 | 61 | 0 | 0 | 12 | 6 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
299 | 443 | 492 | 538 | 515 | 665 | 751 | 853 | 967 | |
Total Assets | 447 | 577 | 682 | 782 | 821 | 960 | 1,042 | 1,171 | 1,303 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
74 | -90 | 60 | 72 | 119 | 33 | 41 | 105 | |
-16 | -8 | -78 | -88 | -123 | -28 | -46 | -66 | |
-58 | 98 | 19 | 16 | 4 | -5 | 4 | -39 | |
Net Cash Flow | -0 | -0 | 0 | -0 | -0 | 0 | -0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 116 | 130 | 128 | 123 | 119 | 180 | 136 | 129 |
Inventory Days | 105 | 126 | 132 | 96 | 90 | 100 | 82 | 65 |
Days Payable | 177 | 174 | 157 | 113 | 102 | 150 | 88 | 78 |
Cash Conversion Cycle | 44 | 82 | 103 | 107 | 106 | 130 | 130 | 116 |
Working Capital Days | 67 | 103 | 121 | 109 | 106 | 146 | 135 | 121 |
ROCE % | 17% | 18% | 21% | 14% | 15% | 17% | 21% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Mar
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Mar - Newspaper Publication regarding Postal Ballot is attached.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 11 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 11 Mar
- Announcement under Regulation 30 (LODR)-Change in Directorate 1 Mar
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]