NDR Auto Components Ltd
NDR Auto Component operates in the auto components industry and manufactures seat frames and trims for four-wheelers and two-wheeler vehicles and other accessories relating to car seats [1]
It was incorporated and listed in 2019 as a part of Rohit Relan Group. It was listed post demerger of the automobile seating business from Sharda Motor Industries Ltd [2]
- Market Cap ₹ 1,016 Cr.
- Current Price ₹ 849
- High / Low ₹ 988 / 284
- Stock P/E 27.4
- Book Value ₹ 196
- Dividend Yield 0.30 %
- ROCE 16.6 %
- ROE 14.1 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 58.7 to 28.9 days.
Cons
- Stock is trading at 4.33 times its book value
- Company has a low return on equity of 9.36% 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
97 | 114 | 233 | 393 | 556 | |
97 | 108 | 218 | 360 | 505 | |
Operating Profit | -1 | 6 | 15 | 33 | 51 |
OPM % | -1% | 6% | 6% | 8% | 9% |
14 | 10 | 12 | 13 | 13 | |
Interest | 0 | 0 | 1 | 2 | 3 |
Depreciation | 7 | 5 | 7 | 9 | 14 |
Profit before tax | 6 | 11 | 18 | 35 | 47 |
Tax % | -11% | 23% | 18% | 20% | |
7 | 9 | 15 | 28 | 37 | |
EPS in Rs | 5.54 | 7.17 | 12.51 | 23.62 | 31.15 |
Dividend Payout % | 0% | 7% | 10% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 60% |
TTM: | 62% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 64% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 104% |
1 Year: | 180% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 9% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 12 |
Reserves | 164 | 172 | 185 | 212 | 222 |
0 | 4 | 13 | 34 | 32 | |
19 | 40 | 46 | 92 | 86 | |
Total Liabilities | 189 | 223 | 250 | 344 | 352 |
33 | 41 | 47 | 133 | 139 | |
CWIP | 0 | 3 | 32 | 13 | 15 |
Investments | 39 | 40 | 43 | 51 | 53 |
117 | 138 | 128 | 146 | 145 | |
Total Assets | 189 | 223 | 250 | 344 | 352 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
3 | -2 | 1 | 48 | |
-10 | 1 | -4 | -35 | |
-1 | -1 | 0 | -5 | |
Net Cash Flow | -7 | -1 | -3 | 8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 23 | 99 | 48 | 29 |
Inventory Days | 35 | 53 | 44 | 48 |
Days Payable | 80 | 154 | 84 | 91 |
Cash Conversion Cycle | -22 | -1 | 8 | -14 |
Working Capital Days | 3 | 26 | 43 | -12 |
ROCE % | 6% | 10% | 17% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 5h
- ANNUAL CERTIFICATION FOR THE YEAR ENDED 31ST MARCH 2024 UNDER REGULATION 40(9) OF SEBI (LODR) REGULATIONS, 2015 1d
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Apr
- Compliances - Compliance Certificate For The Period Ended March 2024 11 Apr
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 10 Apr
Annual reports
Concalls
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
Jun 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
Product Portfolio
Co. manufactures products like Car Seat for passenger vehicles, Seat Frames and Seat Covers for 2-wheelers, Floor Carpets for Passenger vehicles, body sealing products, etc. [1]
The company is supplying seats for 11 Models across 3 OEMS as of Q1FY24.[2]