Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Aaron Industries

₹279.6 1.6 | 0.6%

Market Cap ₹293 Cr.

Stock P/E 54.6

P/B 8.5

Current Price ₹279.6

Book Value ₹ 33

Face Value 10

52W High ₹326.4

Dividend Yield 0.36%

52W Low ₹ 210.1

Aaron Industries Research see more...

Overview Inc. Year: 2013Industry: Engineering

Aaron Industries Ltd manufactures and sells elevators and elevator components in India. The agency operates thru Elevator, Electrical, and Steel Polishing Divisions. It offers elevator cabins, doors and frame, swing, guide doorways, elevator components, etc.; and auto door systems, door operators, and gearless machines. The organisation additionally provides electrical equipment, together with distribution board and container, busbar, MS box and so on. In addition, it engages metallic polishing activities comprising stainless-steel press plates, stainless steel designer sheets, stainless-steel polishing of mirrors and matts, and so forth. Aaron Industries Ltd was founded in 2013 and is based in Surat, India.

Read More..

Aaron Industries Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Peer Comparison

Aaron Industries Quarterly Results

#(Fig in Cr.) Mar 2021 Jun 2021 Sep 2021 Dec 2021 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 7 6 10 9 12 14 14 16 14 15
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 7 6 10 9 12 14 14 16 14 15
Total Expenditure 5 5 8 8 10 12 11 13 12 12
Operating Profit 1 1 2 1 2 2 2 3 2 3
Interest -0 0 0 -0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 1 1 2 2 2 2 1 2
Provision for Tax 0 0 0 0 0 0 0 1 0 1
Profit After Tax 1 0 1 1 1 1 1 2 1 1
Adjustments 0 0 0 0 0 0 0 0 0 -0
Profit After Adjustments 1 0 1 1 1 1 1 2 1 1
Adjusted Earnings Per Share 0.8 0.4 0.8 1 1.2 1.3 1.2 1.6 1.1 1.1

Aaron Industries Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 0 2 3 5 12 18 21 25 38 56 59
Other Income 0 0 0 0 0 0 0 0 1 0 0
Total Income 0 2 3 5 12 18 21 25 38 56 59
Total Expenditure 0 2 3 5 10 16 18 21 32 46 48
Operating Profit 0 0 0 0 2 2 3 4 6 10 10
Interest 0 0 0 0 0 0 1 1 1 1 0
Depreciation 0 0 0 0 0 0 1 1 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 1 2 2 2 5 7 7
Provision for Tax 0 0 0 0 0 1 1 1 1 2 2
Profit After Tax 0 0 0 0 1 1 1 2 4 5 5
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 1 1 1 2 4 5 5
Adjusted Earnings Per Share 0 0 0 0 0 1.1 1.3 1.9 3.7 5.4 5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 47% 39% 36% 0%
Operating Profit CAGR 67% 49% 38% 0%
PAT CAGR 25% 71% 38% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 19% 42% 66% NA%
ROE Average 30% 24% 21% 34%
ROCE Average 30% 24% 22% 25%

Aaron Industries Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 0 0 0 0 4 9 11 12 16 20
Minority's Interest 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 1 1 0 4 3 4 6 5
Other Non-Current Liabilities 0 0 0 0 0 0 1 1 1 1
Total Current Liabilities 0 1 1 1 3 4 5 5 8 13
Total Liabilities 0 1 2 3 7 18 19 22 31 40
Fixed Assets 0 0 0 0 1 9 9 13 15 19
Other Non-Current Assets 0 0 0 0 0 0 1 1 1 1
Total Current Assets 0 1 2 2 5 8 9 8 15 21
Total Assets 0 1 2 3 7 18 19 22 31 40

Aaron Industries Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 0 0 -1 -0 -0 -0 1 3 1 4
Cash Flow from Investing Activities 0 0 0 0 -2 -8 -2 -4 -3 -5
Cash Flow from Financing Activities 0 0 1 0 2 8 -1 1 2 1
Net Cash Inflow / Outflow 0 0 0 0 -0 0 -1 -0 0 0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 -1 0 0 0

Aaron Industries Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0 0 0 0 0 1.05 1.34 1.92 3.69 5.38
CEPS(Rs) 0.39 1.34 0.38 0.56 1.4 1.26 1.89 2.55 4.54 6.53
DPS(Rs) 0 0 0 0 0 0 0.6 0 0.8 1
Book NAV/Share(Rs) 0 0 0 0 0 9.33 10.52 12.12 15.82 20.39
Core EBITDA Margin(%) 4.44 2.87 4.04 5.28 13.26 11.55 14.33 13.88 15.55 17.07
EBIT Margin(%) 4.34 2.9 4.05 5.1 12.59 10.59 11.92 12.2 14.75 15.22
Pre Tax Margin(%) 4.26 2.11 1.55 1.52 11.38 8.96 9.17 9.84 12.88 13.31
PAT Margin (%) 2.74 1.46 1.01 1.06 7.91 6.03 6.28 7.72 9.83 9.68
Cash Profit Margin (%) 2.91 1.67 1.27 1.3 8.76 7.18 8.87 10.25 12.08 11.74
ROA(%) 2.75 4.77 2.04 2.14 19.56 8.65 7.32 9.33 14.06 15.21
ROE(%) 51.71 91.18 22.69 19.23 48.6 16.4 13.48 16.95 26.44 29.72
ROCE(%) 30.96 27.27 14.6 16.25 47.64 19.34 16.77 17.4 25.14 29.88
Receivable days 225.11 64.96 75.02 55.23 34.96 35.37 36.28 30.25 20.19 16.3
Inventory Days 51.62 26.41 81.23 101.9 74.52 82.19 86.65 85.45 63.99 70.57
Payable days 362.46 95.53 122.9 76.78 67.76 59.06 43.02 28.7 23.41 30.4
PER(x) 0 0 0 0 0 21.64 16.09 29.81 30.72 34.07
Price/Book(x) 0 0 0 0 0 2.44 2.05 4.72 7.17 8.99
Dividend Yield(%) 0 0 0 0 0 0 1.46 0 0.71 0.55
EV/Net Sales(x) 0.09 0.17 0.41 0.31 0.25 1.58 1.25 2.58 3.25 3.48
EV/Core EBITDA(x) 1.91 5.47 9.28 5.87 1.85 13.48 8.6 17.51 19.14 20.16
Net Sales Growth(%) 0 507.72 37.17 47.32 145.46 49.15 21.91 16.66 51.18 47.98
EBIT Growth(%) 0 306.49 94.69 82.87 504.74 25.5 37.15 19.43 82.79 52.68
PAT Growth(%) 0 224.12 -3.82 52.92 1723.25 13.8 26.92 43.38 92.49 45.7
EPS Growth(%) 0 0 0 0 0 -16.34 26.92 43.38 92.48 45.7
Debt/Equity(x) 1.64 7.12 4.8 4.58 0.3 0.56 0.49 0.58 0.58 0.56
Current Ratio(x) 0.93 1.17 2.18 2.01 1.86 1.95 1.69 1.65 1.81 1.56
Quick Ratio(x) 0.78 0.8 0.92 0.78 0.73 0.89 0.66 0.46 0.94 0.48
Interest Cover(x) 60.42 3.67 1.62 1.42 10.39 6.5 4.33 5.17 7.88 7.98
Total Debt/Mcap(x) 0 0 0 0 0 0.23 0.24 0.12 0.08 0.06

Aaron Industries Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 74.97 74.97 74.97 74.97 74.97 74.97 74.97 73.06 73.06 73.06
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.03 25.03 25.03 25.03 25.03 25.03 25.03 26.94 26.94 26.94
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 37% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 24%
  • Company has reduced debt.

Cons

  • Debtor days have increased from 23.41 to 30.4days.
  • Stock is trading at 8.5 times its book value.

* 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.

Aaron Industries News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....