Automot. Stamp&Assem

₹865.1 5.2 | 0.6%

WEBSITE BSE:520119 NSE : AUTOMOTIVE S 10 May, 16:01

Market Cap ₹1372 Cr.

Stock P/E 68.0

P/B -191.4

Current Price ₹865.1

Book Value ₹ -4.5

Face Value 10

52W High ₹925

Dividend Yield 0%

52W Low ₹ 310

Edit Ratio

Automot. Stamp&Assem Research see more...

Overview Inc. Year: 1990Industry: Auto Ancillary

Automotive Stampings and Assemblies Ltd designs, develops, manufactures, assembles, and sells sheet steel stampings, welded assemblies, and modules for passenger vehicles, commercial cars and tractors in India. The corporation offers skin panels, consisting of panel front doors, side panel outers, assembly front panel and side wall outers, the front cabin shields, assembly front bumpers, and assembly outer tail gates; and frame in whites additives, comprising meeting panel planium, boad side inners, panel dash, cabin rear walls, fire walls, rail under bodies, and reinf hinge pillars, in addition to cabin floors and assy reinf rears. It also offers suspension panels, which incorporates front suspension modules, assembly cross member, and assy semi trailing arm and rear suspension modules, in addition to oil sumps, rear twist beams, and fuel tanks. The organisation turned into previously called JBM Tools Ltd and changed its call to Automotive Stampings and Assemblies Ltd in August 2003. The agency was integrated in 1990 and is based in Pune, India. Automotive Stampings and Assemblies Ltd is a subsidiary of Tata AutoComp Systems Ltd.

Automot. Stamp&Assem Share Price

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Peer Comparison

Automot. Stamp&Assem Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	162	203	209	216	193	210	219	212	216	232
Other Income	0	2	1	1	0	1	0	0	0	0
Total Income	163	205	210	216	194	211	219	212	217	233
Total Expenditure	156	201	203	208	185	200	208	201	204	217
Operating Profit	7	4	7	9	9	11	11	12	13	16
Interest	4	3	3	3	3	4	4	4	4	4
Depreciation	3	3	3	3	4	4	4	4	4	4
Exceptional Income / Expenses	0	62	0	0	0	0	0	0	0	0
Profit Before Tax	0	60	1	2	2	3	4	4	5	8
Provision for Tax	0	0	0	0	0	0	0	0	0	0
Profit After Tax	0	60	1	2	2	3	4	4	5	8
Adjustments	0	0	-0	0	0	0	0	0	0	0
Profit After Adjustments	0	60	1	2	2	3	4	4	5	8
Adjusted Earnings Per Share	0.2	38	0.5	1.4	1.3	2.1	2.4	2.5	3	4.8

Automot. Stamp&Assem 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	465	342	291	263	304	331	482	362	339	608	828	879
Other Income	0	0	0	1	2	0	2	0	0	2	2	0
Total Income	465	342	291	264	306	331	484	363	339	610	831	881
Total Expenditure	452	332	297	266	303	356	470	372	339	592	796	830
Operating Profit	14	10	-6	-2	3	-25	14	-9	0	18	35	52
Interest	5	7	8	9	9	11	17	17	18	15	13	16
Depreciation	15	15	10	10	9	10	10	11	11	11	14	16
Exceptional Income / Expenses	0	0	0	0	13	0	0	21	0	60	0	0
Profit Before Tax	-6	-12	-24	-21	-3	-47	-13	-17	-30	52	8	21
Provision for Tax	-2	-4	-1	0	0	0	0	0	0	0	0	0
Profit After Tax	-4	-8	-23	-21	-3	-47	-13	-17	-30	52	8	21
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-4	-8	-23	-21	-3	-47	-13	-17	-30	52	8	21
Adjusted Earnings Per Share	-2.8	-5.2	-14.6	-13.1	-1.8	-29.3	-8	-10.7	-18.7	33	5.2	12.7

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	36%	32%	20%	6%
Operating Profit CAGR	94%	0%	0%	10%
PAT CAGR	-85%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	168%	189%	78%	38%
ROE Average	0%	0%	0%	-13%
ROCE Average	163%	109%	66%	24%

Automot. Stamp&Assem 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	74	66	42	21	18	-29	-42	-59	-89	-36	-27
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	14	39	36	52	53	38	28	27	36	0	0
Other Non-Current Liabilities	8	5	3	3	4	4	4	5	7	40	42
Total Current Liabilities	100	76	88	130	130	164	253	212	222	176	215
Total Liabilities	196	185	169	206	205	177	243	185	176	181	229
Fixed Assets	111	121	113	105	110	104	105	99	84	90	93
Other Non-Current Assets	25	7	8	17	7	5	9	10	9	11	10
Total Current Assets	60	56	48	85	88	68	129	76	84	80	126
Total Assets	196	185	169	206	205	177	243	185	176	181	229

Automot. Stamp&Assem 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	0	0	0	0	2	0	0	1	0	0	4
Cash Flow from Operating Activities	7	5	8	-14	18	4	-21	8	4	44	25
Cash Flow from Investing Activities	-21	-7	-3	-7	-7	-3	-6	11	3	91	-14
Cash Flow from Financing Activities	14	2	-6	24	-13	-1	28	-19	-7	-132	-12
Net Cash Inflow / Outflow	-0	-0	0	2	-2	0	0	-0	-0	4	-1
Closing Cash & Cash Equivalent	0	0	0	2	0	0	1	0	0	4	3

Automot. Stamp&Assem 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)	-2.79	-5.23	-14.61	-13.11	-1.81	-29.35	-7.96	-10.72	-18.72	32.97	5.25
CEPS(Rs)	6.81	4.35	-8.5	-7.04	4.07	-23.02	-1.81	-3.59	-11.49	39.81	13.96
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	46.72	41.5	26.78	13.31	11.07	-18.22	-26.19	-37.09	-55.92	-22.51	-17.23
Core EBITDA Margin(%)	2.67	2.57	-2.03	-1.07	0.29	-7.48	2.42	-2.63	0	2.61	3.93
EBIT Margin(%)	-0.31	-1.44	-5.04	-3.98	1.9	-10.45	0.8	0.16	-3.36	11.07	2.54
Pre Tax Margin(%)	-1.24	-3.2	-7.61	-7.21	-0.87	-13.87	-2.62	-4.66	-8.76	8.61	1.01
PAT Margin (%)	-0.87	-2.2	-7.24	-7.21	-0.87	-13.87	-2.62	-4.69	-8.76	8.61	1.01
Cash Profit Margin (%)	2.12	1.83	-4.21	-3.87	1.96	-10.88	-0.6	-1.57	-5.38	10.39	2.67
ROA(%)	-2.31	-4.36	-13.09	-11.09	-1.4	-24.39	-6.01	-7.94	-16.42	29.28	4.06
ROE(%)	-5.8	-11.85	-42.79	-65.41	-14.84	0	0	0	0	0	0
ROCE(%)	-1.33	-4.27	-13.81	-10.21	5.47	-38.03	4.34	0.62	-14.71	177.49	163.11
Receivable days	13.07	21.7	23.73	40.64	53.49	44.51	36.46	48.53	33.81	16.27	15.02
Inventory Days	23.09	25.4	27.23	28.1	24.94	28.93	30.84	42.31	36.66	23.21	20.24
Payable days	42.18	51.62	51.32	68.26	83.35	89.21	79.92	103.34	96.28	48.82	39.48
PER(x)	0	0	0	0	0	0	0	0	0	17.82	56.57
Price/Book(x)	0.67	0.87	1.51	2.52	6.62	-4.21	-2.03	-0.36	-0.6	-26.1	-17.22
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.22	0.35	0.44	0.56	0.69	0.68	0.48	0.46	0.62	1.6	0.62
EV/Core EBITDA(x)	7.52	12.07	-19.81	-80.2	76.47	-8.96	16.85	-18.2	3583.67	53.51	14.75
Net Sales Growth(%)	-18.64	-26.54	-14.97	-9.52	15.67	8.81	45.61	-24.76	-6.42	79.18	36.3
EBIT Growth(%)	-110.98	-244.15	-197.72	28.85	154.46	-661.33	111.04	-84.79	-2036.42	689.92	-68.74
PAT Growth(%)	-174.1	-87.36	-179.41	10.22	86.2	-1521.99	72.88	-34.74	-74.56	276.14	-84.08
EPS Growth(%)	-179.53	-87.36	-179.41	10.22	86.2	-1521.95	72.88	-34.74	-74.56	276.14	-84.08
Debt/Equity(x)	0.71	0.93	1.51	4.59	5.29	-3.56	-3.51	-2.47	-1.77	-1.2	-1.68
Current Ratio(x)	0.6	0.74	0.55	0.65	0.68	0.41	0.51	0.36	0.38	0.45	0.59
Quick Ratio(x)	0.32	0.43	0.27	0.49	0.49	0.24	0.3	0.21	0.21	0.22	0.35
Interest Cover(x)	-0.33	-0.82	-1.96	-1.23	0.69	-3.06	0.23	0.03	-0.62	4.49	1.66
Total Debt/Mcap(x)	1.06	1.07	1	1.82	0.8	0.84	1.73	6.94	2.97	0.05	0.1

Automot. Stamp&Assem Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	75	75	75	75	75	75	75	75	75	75
FII	0	0	0	0	0	0	0	0	0	0.08
DII	0	0	0	0	0	0	0	0	0.01	0
Public	25	25	25	25	25	25	25	25	24.99	24.92
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	1.19	1.19	1.19	1.19	1.19	1.19	1.19	1.19	1.19	1.19
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.4	0.4	0.4	0.4	0.4	0.4	0.4	0.4	0.4	0.4
Others	0	0	0	0	0	0	0	0	0	0
Total	1.59	1.59	1.59	1.59	1.59	1.59	1.59	1.59	1.59	1.59

Pros

Stock is trading at -191.4 times its book value
Debtor days have improved from 48.82 to 39.48days.
Company is almost debt free.

Cons

Company has a low return on equity of 0% 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.