Shivam Autotech Ltd

Shivam Autotech Ltd

₹ 42.9 -1.94%
19 Apr - close price
About

Incorporated in 1999, Shivam Autotech Ltd is in the manufacturing of Near-Net-Shaped, auto transmission components for Original Equipment Manufacturers[1]

Key Points

Business Overview:[1]
Company serves OEMs by manufacturing a range of auto components and accessories including transmission gears, transmission shafts, alternator components, starter motor components, magneto components and steering components using cold, warm and hot forging employing near net shape technology.

  • Market Cap 524 Cr.
  • Current Price 42.9
  • High / Low 49.8 / 23.6
  • Stock P/E
  • Book Value 6.45
  • Dividend Yield 0.00 %
  • ROCE 3.23 %
  • ROE -28.5 %
  • Face Value 2.00

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 6.65 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -3.32% over past five years.
  • Company has a low return on equity of -19.6% over last 3 years.
  • Company's cost of borrowing seems high

* 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

Figures in Rs. Crores

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
155 162 113 130 115 112 118 134 103 115 108 117 121
124 131 99 122 87 90 101 122 94 104 99 108 111
Operating Profit 31 31 13 8 28 22 17 12 9 11 9 9 10
OPM % 20% 19% 12% 6% 24% 20% 14% 9% 9% 10% 9% 8% 8%
1 1 2 2 -1 2 1 1 0 0 1 1 0
Interest 14 16 18 8 12 12 12 13 12 12 13 14 15
Depreciation 13 10 10 10 10 10 9 9 9 9 9 9 9
Profit before tax 5 6 -13 -9 4 2 -3 -9 -11 -9 -13 -13 -14
Tax % -139% 183% 0% 0% 0% 0% 0% 0% 0% -20% 0% -14% -7%
12 -5 -13 -9 4 2 -3 -9 -11 -11 -13 -15 -15
EPS in Rs 0.98 -0.42 -1.09 -0.72 0.35 0.15 -0.26 -0.75 -0.93 -0.90 -1.03 -1.24 -1.19
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
360 372 399 446 425 456 557 636 588 487 469 470 461
275 284 318 363 355 409 478 553 536 410 398 421 422
Operating Profit 85 87 80 83 70 48 78 82 52 78 71 49 40
OPM % 24% 23% 20% 19% 17% 10% 14% 13% 9% 16% 15% 11% 9%
-0 0 0 -0 0 0 1 1 1 3 4 3 2
Interest 27 25 20 20 21 29 46 49 53 57 51 50 55
Depreciation 29 31 31 27 28 32 41 49 54 49 41 35 36
Profit before tax 29 32 29 36 21 -13 -8 -14 -54 -25 -16 -33 -49
Tax % 35% 11% 2% 22% 10% 73% 84% -33% 32% 8% 0% -6%
19 28 28 28 19 -4 -1 -18 -37 -23 -16 -35 -53
EPS in Rs 1.53 2.31 2.33 2.30 1.57 -0.29 -0.10 -1.49 -3.04 -1.84 -1.31 -2.84 -4.36
Dividend Payout % 17% 14% 16% 21% 21% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: -3%
3 Years: -7%
TTM: -1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 2%
TTM: -145%
Stock Price CAGR
10 Years: 13%
5 Years: 2%
3 Years: 43%
1 Year: 69%
Return on Equity
10 Years: -4%
5 Years: -18%
3 Years: -20%
Last Year: -29%

Balance Sheet

Figures in Rs. Crores

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 10 10 10 10 20 20 20 20 20 20 24 24 24
Reserves 104 128 151 172 175 172 171 153 115 93 114 80 54
172 128 117 199 305 399 412 434 439 489 389 428 184
76 70 75 79 80 87 91 145 150 133 114 124 332
Total Liabilities 362 336 353 460 580 678 694 752 724 734 641 656 595
260 242 229 251 246 353 445 467 448 429 394 362 344
CWIP 0 0 1 6 101 81 6 1 28 1 2 1 1
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
102 94 124 203 233 244 243 284 248 304 244 293 250
Total Assets 362 336 353 460 580 678 694 752 724 734 641 656 595

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
82 83 55 7 47 27 79 94 104 72 65 65
-40 -12 -19 -55 -118 -86 -48 -68 -43 -18 -4 -1
-49 -70 -36 54 68 62 -33 -26 -58 -3 -113 -7
Net Cash Flow -7 0 -0 6 -3 2 -3 1 2 50 -52 57

Ratios

Figures in Rs. Crores

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 29 24 27 40 40 53 54 54 44 50 64 73
Inventory Days 173 168 178 193 235 213 176 173 124 205 190 158
Days Payable 119 127 125 117 118 133 107 167 147 182 157 149
Cash Conversion Cycle 83 65 81 116 158 133 124 60 21 74 98 81
Working Capital Days -17 -7 15 45 70 69 40 21 1 46 62 50
ROCE % 19% 20% 18% 17% 10% 3% 6% 6% -0% 6% 6% 3%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80% 74.80%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07%
0.02% 0.02% 0.02% 0.02% 0.02% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
25.18% 25.18% 25.18% 25.18% 25.19% 25.17% 25.19% 25.18% 25.19% 25.18% 25.18% 25.11%
No. of Shareholders 28,08627,89929,90532,45629,35427,86727,65127,21027,05328,41328,27027,737

* 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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