Akar Auto Industries

₹119 -3 | 2.5%

WEBSITE BSE:530621 NSE : AAIL 18 May, 12:50

Market Cap ₹128 Cr.

Stock P/E 20.9

P/B 2.9

Current Price ₹119

Book Value ₹ 40.9

Face Value 5

52W High ₹169.7

Dividend Yield 0.42%

52W Low ₹ 74.2

Edit Ratio

Akar Auto Industries Research see more...

Overview Inc. Year: 1989Industry: Auto Ancillary

Akar Auto Industries Share Price

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Peer Comparison

Akar Auto Industries Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023
Net Sales	57	60	65	87	83	88	94	90	96	94
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	57	60	66	87	83	88	94	90	96	94
Total Expenditure	53	55	61	81	78	83	89	85	90	87
Operating Profit	4	4	5	6	5	5	6	5	6	6
Interest	2	2	2	2	2	2	3	2	2	3
Depreciation	1	1	1	1	1	1	1	1	1	1
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1	1	2	3	2	2	2	2	2	3
Provision for Tax	0	-0	-0	1	0	1	1	1	1	1
Profit After Tax	1	2	2	2	1	1	2	1	1	2
Adjustments	0	-0	0	-0	-0	0	0	-0	-0	-0
Profit After Adjustments	1	2	2	2	1	1	2	1	1	2
Adjusted Earnings Per Share	1.1	1.4	1.9	1.9	1.1	1.2	1.5	1.1	1.4	1.8

Akar Auto Industries Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	142	143	159	185	190	242	278	199	188	270	367	374
Other Income	0	0	0	0	0	0	0	0	2	1	0	0
Total Income	142	143	159	185	190	242	278	199	190	271	367	374
Total Expenditure	133	134	150	172	176	224	259	189	179	251	345	351
Operating Profit	9	9	9	12	14	19	19	9	10	20	22	23
Interest	5	5	6	7	7	8	8	8	8	8	10	10
Depreciation	2	2	3	3	3	4	4	4	5	4	4	4
Exceptional Income / Expenses	0	0	1	0	0	-1	-1	0	0	-0	0	0
Profit Before Tax	2	1	2	3	4	5	6	-2	-2	7	8	9
Provision for Tax	1	1	1	1	1	2	1	1	1	0	1	4
Profit After Tax	1	1	1	2	2	3	5	-3	-3	7	7	6
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	1	1	1	2	2	3	5	-3	-3	7	7	6
Adjusted Earnings Per Share	0.9	0.6	1.1	1.7	2.3	3	4.8	-2.8	-2.6	6.4	6.4	5.8

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	36%	23%	9%	10%
Operating Profit CAGR	10%	35%	3%	9%
PAT CAGR	0%	0%	18%	21%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	56%	87%	30%	30%
ROE Average	19%	11%	8%	7%
ROCE Average	18%	13%	12%	13%

Akar Auto Industries Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	25	25	24	25	26	28	32	29	26	32	40
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	5	1	3	11	13	14	24	22	28	25	20
Other Non-Current Liabilities	5	5	4	4	6	7	6	7	8	7	7
Total Current Liabilities	74	80	84	86	80	91	90	87	97	94	120
Total Liabilities	109	110	115	126	125	140	153	144	159	159	187
Fixed Assets	35	34	29	30	35	37	39	43	42	38	41
Other Non-Current Assets	1	2	3	6	5	5	7	3	3	3	3
Total Current Assets	73	75	83	91	85	98	107	98	115	118	142
Total Assets	109	110	115	126	125	140	153	144	159	159	187

Akar Auto Industries Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	2	1	1	1	1	2	2	2	3	2	3
Cash Flow from Operating Activities	8	11	6	1	12	9	7	14	0	15	25
Cash Flow from Investing Activities	-1	-1	1	-4	-10	-4	-8	-5	-1	0	-8
Cash Flow from Financing Activities	-7	-9	-7	3	-2	-4	1	-9	1	-15	-16
Net Cash Inflow / Outflow	-1	0	0	0	0	1	-0	1	-1	1	1
Closing Cash & Cash Equivalent	1	1	1	1	2	2	2	3	2	3	4

Akar Auto Industries Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.86	0.64	1.14	1.7	2.28	2.97	4.83	-2.84	-2.63	6.37	6.38
CEPS(Rs)	3.05	2.88	3.6	4.39	5.19	6.4	8.61	1.17	1.54	10.48	10.13
DPS(Rs)	0.25	0.3	0.35	0.5	0.55	0.55	0.55	0	0	0.25	0.5
Book NAV/Share(Rs)	22.74	23.03	22.08	23.15	23.65	25.94	30	26.48	23.73	30.11	36.68
Core EBITDA Margin(%)	5.94	5.5	5.32	6.06	6.68	7.47	6.66	4.7	4.62	7.1	6.05
EBIT Margin(%)	4.48	4.02	4.35	4.71	5.3	5.43	5.05	2.6	3.17	5.68	4.99
Pre Tax Margin(%)	1.02	0.87	1.03	1.4	1.86	2.01	2.13	-1.25	-1.11	2.71	2.26
PAT Margin (%)	0.6	0.44	0.7	0.91	1.18	1.3	1.88	-1.54	-1.51	2.54	1.87
Cash Profit Margin (%)	2.12	1.99	2.22	2.34	2.69	2.8	3.34	0.63	0.88	4.18	2.98
ROA(%)	0.84	0.63	1.09	1.52	1.95	2.41	3.55	-2.06	-1.87	4.32	3.98
ROE(%)	3.83	2.79	5.04	7.52	9.73	11.97	17.27	-10.05	-10.48	23.68	19.1
ROCE(%)	10.39	10.11	12.77	14.82	15.04	16.61	15.26	5.35	5.98	14.73	17.61
Receivable days	62.46	54.11	53.84	57.29	58.54	50.29	49.32	63.34	68.27	50.6	41.86
Inventory Days	82.96	93.73	91.43	86.71	85.47	75.51	75.73	111	124.45	97.03	76.36
Payable days	152.22	168.11	161.06	135.67	103.33	70.16	65.97	93.46	98.44	70.93	63.54
PER(x)	10.08	12.36	12.53	13.49	12.74	15.8	7.99	0	0	8.99	10.37
Price/Book(x)	0.38	0.34	0.65	0.99	1.23	1.81	1.29	0.59	0.77	1.9	1.8
Dividend Yield(%)	2.88	3.8	2.46	2.18	1.9	1.17	1.42	0	0	0.44	0.76
EV/Net Sales(x)	0.34	0.3	0.31	0.37	0.43	0.44	0.38	0.4	0.51	0.48	0.36
EV/Core EBITDA(x)	5.12	4.92	5.24	5.48	5.77	5.73	5.67	8.47	9.24	6.51	5.91
Net Sales Growth(%)	-0.61	0.41	11.75	15.85	2.8	27.6	14.75	-28.43	-5.42	43.79	35.74
EBIT Growth(%)	-21.93	-9.99	21.49	25.33	15.32	21.9	4.47	-63.06	15	157.85	19.4
PAT Growth(%)	-58.35	-25.74	77.9	49.62	33.76	30.39	62.78	-158.75	7.27	342.24	0.04
EPS Growth(%)	-58.35	-25.74	77.9	49.62	33.76	30.39	62.77	-158.75	7.27	342.24	0.04
Debt/Equity(x)	1.6	1.42	1.48	1.79	2	2.04	2.05	2.32	3.08	2.2	1.64
Current Ratio(x)	0.98	0.94	0.99	1.06	1.06	1.08	1.19	1.13	1.18	1.26	1.18
Quick Ratio(x)	0.44	0.43	0.43	0.49	0.46	0.49	0.51	0.45	0.47	0.46	0.53
Interest Cover(x)	1.3	1.28	1.31	1.42	1.54	1.59	1.73	0.68	0.74	1.91	1.83
Total Debt/Mcap(x)	4.2	4.15	2.29	1.81	1.63	1.13	1.59	3.92	3.99	1.15	0.91

Akar Auto Industries Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	73.06	73.06	73.06	73.06	73.06	73.06	73.06	73.06	73.06	73.06
FII	0	0	0	0	0.65	0.65	0.37	0	0	0
DII	0	0	0	0	0	0	0	0	0.54	0
Public	26.94	26.94	26.94	26.94	26.29	26.29	26.57	26.94	26.4	26.94
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.79	0.79	0.79	0.79	0.79	0.79	0.79	0.79	0.79	0.79
FII	0	0	0	0	0.01	0.01	0	0	0	0
DII	0	0	0	0	0	0	0	0	0.01	0
Public	0.29	0.29	0.29	0.29	0.28	0.28	0.29	0.29	0.28	0.29
Others	0	0	0	0	0	0	0	0	0	0
Total	1.08	1.08	1.08	1.08	1.08	1.08	1.08	1.08	1.08	1.08

Pros

Debtor days have improved from 70.93 to 63.54days.
Company has reduced debt.

Cons

Company has a low return on equity of 11% over the 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.