Amara Raja Energy

₹1080 -6.8 | 0.6%

WEBSITE BSE:500008 NSE : ARE&M 10 May, 16:01

Market Cap ₹19767 Cr.

Stock P/E 22.7

P/B 3.3

Current Price ₹1080

Book Value ₹ 323.2

Face Value 1

52W High ₹1202

Dividend Yield 0.56%

52W Low ₹ 594.7

Edit Ratio

Amara Raja Energy Research see more...

Overview Inc. Year: 1985Industry: Batteries

Amara Raja Batteries Ltd is an primarily India based manufacturer of lead-acid storage batteries for industrial and automotive packages inside the Indian battery enterprise. The Company's Industrial battery division is the dealer to telecom service carriers, telecom device producers, UPS sector (original device producers (OEM) and alternative), Indian railways and to the power, oil and gas, among different enterprise segments. Its commercial battery manufacturers include PowerStack, Amaron Volt, Amaron Sleek, Amaron Brute, Amaron Solar and Amaron Quanta. The Company's Automotive battery division manufactures automotive batteries below the brands, AMARON and PowerZone, which can be disbursed through its pan-India sales and provider retail network. The Company supplies automotive batteries below OE relationships to various agencies. Its commercial and automotive batteries are exported to nations inside the Indian Ocean Rim.

Amara Raja Energy Share Price

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Amara Raja Energy Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	2264	2366	2181	2621	2700	2638	2429	2796	2959	3044
Other Income	26	19	16	17	24	27	25	23	29	24
Total Income	2291	2385	2197	2638	2724	2664	2454	2819	2989	3068
Total Expenditure	1995	2081	1961	2359	2342	2243	2192	2444	2557	2613
Operating Profit	296	304	236	278	383	421	262	375	432	455
Interest	4	4	5	5	5	6	6	6	6	6
Depreciation	99	102	99	96	102	115	14	111	116	116
Exceptional Income / Expenses	0	0	0	0	0	0	-48	0	0	0
Profit Before Tax	193	198	133	178	275	301	194	258	310	332
Provision for Tax	49	52	34	46	74	79	54	66	83	78
Profit After Tax	144	145	99	132	201	222	139	192	226	255
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	144	145	99	132	201	222	139	192	226	255
Adjusted Earnings Per Share	8.4	8.5	5.8	7.7	11.8	13	8.2	11.2	13.3	14.9

Amara Raja Energy Profit & Loss

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	6793	6839	7150	8697	10388	11228
Other Income	48	55	88	80	93	101
Total Income	6841	6895	7238	8777	10482	11330
Total Expenditure	5843	5741	6035	7675	9037	9806
Operating Profit	998	1154	1203	1102	1444	1524
Interest	7	12	11	15	22	24
Depreciation	261	301	319	396	427	357
Exceptional Income / Expenses	0	0	0	0	-48	-48
Profit Before Tax	730	841	873	691	947	1094
Provision for Tax	247	180	227	179	253	281
Profit After Tax	483	661	647	513	695	812
Adjustments	0	0	0	0	0	0
Profit After Adjustments	483	661	647	513	695	812
Adjusted Earnings Per Share	28.3	38.7	37.9	30	40.7	47.6

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	19%	15%	0%	0%
Operating Profit CAGR	31%	8%	0%	0%
PAT CAGR	35%	2%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	75%	11%	11%	10%
ROE Average	14%	14%	15%	15%
ROCE Average	20%	19%	21%	21%

Amara Raja Energy Balance Sheet

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	3335	3655	4210	4552	5299
Minority's Interest	0	0	0	0	0
Borrowings	47	34	23	17	10
Other Non-Current Liabilities	211	209	234	281	362
Total Current Liabilities	903	1102	1330	1526	1452
Total Liabilities	4496	5000	5797	6376	7123
Fixed Assets	1813	1829	2455	2492	2956
Other Non-Current Assets	479	948	521	1059	759
Total Current Assets	2204	2223	2821	2825	3408
Total Assets	4496	5000	5797	6376	7123

Amara Raja Energy Cash Flow

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	49	50	33	97	35
Cash Flow from Operating Activities	541	1177	802	633	914
Cash Flow from Investing Activities	-463	-849	-635	-482	-754
Cash Flow from Financing Activities	-92	-364	-122	-213	-100
Net Cash Inflow / Outflow	-13	-37	46	-62	60
Closing Cash & Cash Equivalent	50	33	97	35	95

Amara Raja Energy Ratios

#	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	28.29	38.69	37.87	30.01	40.66
CEPS(Rs)	43.58	56.3	56.56	53.18	65.68
DPS(Rs)	7.08	11	11	4.5	6.1
Book NAV/Share(Rs)	195.26	214.01	246.49	266.54	310.26
Core EBITDA Margin(%)	13.99	16.06	15.59	11.38	12.52
EBIT Margin(%)	10.85	12.47	12.36	7.86	8.98
Pre Tax Margin(%)	10.75	12.29	12.22	7.69	8.78
PAT Margin (%)	7.11	9.66	9.05	5.71	6.44
Cash Profit Margin (%)	10.96	14.06	13.51	10.11	10.4
ROA(%)	10.75	13.92	11.98	8.42	10.29
ROE(%)	14.49	18.91	16.45	11.7	14.1
ROCE(%)	21.72	24.04	22.25	16.01	19.6
Receivable days	41.3	37.49	36.33	32.08	28.39
Inventory Days	57.03	58.82	65.9	65.9	59.32
Payable days	40.12	46.19	52.37	46.27	39.68
PER(x)	25.41	12.36	22.54	17.87	14.24
Price/Book(x)	3.68	2.23	3.46	2.01	1.87
Dividend Yield(%)	0.98	2.3	1.29	0.84	1.05
EV/Net Sales(x)	1.81	1.19	2.02	1.05	0.94
EV/Core EBITDA(x)	12.29	7.05	12	8.28	6.79
Net Sales Growth(%)	0	0.68	4.54	21.64	19.44
EBIT Growth(%)	0	15.71	3.64	-20.1	37.25
PAT Growth(%)	0	36.75	-2.11	-20.76	35.5
EPS Growth(%)	0	36.75	-2.11	-20.76	35.5
Debt/Equity(x)	0.02	0.01	0.01	0.01	0
Current Ratio(x)	2.44	2.02	2.12	1.85	2.35
Quick Ratio(x)	1.27	0.98	1.04	0.67	1.17
Interest Cover(x)	106.05	69.96	83.94	46.77	43.9
Total Debt/Mcap(x)	0	0.01	0	0	0

Amara Raja Energy Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	28.06	28.06	28.06	28.06	28.06	28.06	28.06	28.06	28.06	32.86
FII	19.8	18.1	18.34	18.47	35.48	36.19	35.22	24.64	24	24.45
DII	11.68	11.38	10.83	10.02	9.25	9.21	10.48	16.81	17.92	15.35
Public	40.46	42.46	42.77	43.45	27.2	26.54	26.25	30.48	30.01	27.33
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	4.79	4.79	4.79	4.79	4.79	4.79	4.79	4.79	4.79	6.01
FII	3.38	3.09	3.13	3.15	6.06	6.18	6.02	4.21	4.1	4.48
DII	1.99	1.94	1.85	1.71	1.58	1.57	1.79	2.87	3.06	2.81
Public	6.91	7.25	7.31	7.42	4.65	4.53	4.48	5.21	5.13	5
Others	0	0	0	0	0	0	0	0	0	0
Total	17.08	17.08	17.08	17.08	17.08	17.08	17.08	17.08	17.08	18.3

Pros

Debtor days have improved from 46.27 to 39.68days.
Company has reduced debt.
Company is almost debt free.

Cons

Promoter holding is low: 32.86%.
Company has a low return on equity of 14% over the last 3 years.
Stock is trading at 3.3 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.

Amara Raja Energy News

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Amara Raja Energy

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Amara Raja Energy Research see more...

Overview Inc. Year: 1985Industry: Batteries

Amara Raja Energy Share Price

Alert Data

Quarterly Price

Peer Comparison

Amara Raja Energy Quarterly Results

Amara Raja Energy Profit & Loss

Growth Rates

Amara Raja Energy Balance Sheet

Amara Raja Energy Cash Flow

Amara Raja Energy Ratios

Amara Raja Energy Shareholding Pattern

Amara Raja Energy News

IPO

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