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

Axtel Inds.

₹558.7 -21.3 | 3.7%

Market Cap ₹902 Cr.

Stock P/E 28.1

P/B 8

Current Price ₹558.7

Book Value ₹ 70

Face Value 10

52W High ₹850.3

Dividend Yield 1.07%

52W Low ₹ 256.8

Axtel Inds. Research see more...

Overview Inc. Year: 1991Industry: Engineering - Industrial Equipments

Axtel Industries Ltd is engaged in production of meals processing plants and machineries. The Company supplies process engineering system and turnkey systems to the meals and pharmaceutical industries. It offers method system under numerous categories, inclusive of solids handling, storgae and discharge, sieving and straining/cleansing and grading, blending, size reduction and mixing, and specialized procedure gadget. Its solids dealing with merchandise include sack tip stations, bulk loaders, belt conveyors, screw feeder and conveyors, screw feeder with critical valves, twin tunnel diverter valves, z-bucket elevators, cyclones, reverse jet filters, and horizontal reverse jet bin filters. Its storage and discharge merchandise encompass technique tanks, outside storage silos, intermediate bulk packing containers, table feeders, knife gate valves, butterfly valves and big bag handling structures. Its size reduction merchandise encompass hammer mills, nibblers, cone generators, shredders and roller mills.

Read More..

Axtel Inds. Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Axtel Inds. 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 38 55 30 42 40 67 48 69 54 52
Other Income 0 0 0 1 0 2 1 1 1 1
Total Income 38 56 31 43 41 70 49 71 55 53
Total Expenditure 35 46 31 36 37 54 41 53 41 44
Operating Profit 4 10 0 7 4 15 8 18 13 8
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 0 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 9 -1 6 3 14 7 17 12 7
Provision for Tax 1 2 -0 1 1 3 2 5 3 2
Profit After Tax 2 7 -1 5 2 11 5 12 10 5
Adjustments -0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 7 -1 5 2 11 5 12 10 5
Adjusted Earnings Per Share 1.2 4.2 -0.4 2.9 1.4 6.9 3.3 7.4 5.9 3.3

Axtel Inds. 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 60 48 40 67 76 82 111 100 153 144 180 223
Other Income 0 0 0 0 1 1 3 4 3 3 4 4
Total Income 61 48 40 67 77 82 114 104 157 147 184 228
Total Expenditure 54 39 42 57 65 71 91 85 125 127 157 179
Operating Profit 7 9 -2 11 12 11 23 18 32 20 26 47
Interest 1 2 2 1 1 1 0 1 1 0 1 0
Depreciation 1 3 4 3 3 2 3 3 3 3 2 3
Exceptional Income / Expenses 0 0 0 0 0 0 -1 0 0 2 0 0
Profit Before Tax 5 4 -8 6 8 8 18 15 29 19 23 43
Provision for Tax 2 1 -0 1 1 2 5 4 8 5 6 12
Profit After Tax 3 3 -8 5 7 6 13 11 21 14 17 32
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 3 3 -8 5 7 6 13 11 21 14 17 32
Adjusted Earnings Per Share 3.4 2.8 -4.7 3 4.2 3.7 8 6.7 13.2 8.6 10.7 19.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 25% 22% 17% 12%
Operating Profit CAGR 30% 13% 19% 14%
PAT CAGR 21% 16% 23% 19%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 114% 24% 35% 55%
ROE Average 20% 24% 24% 15%
ROCE Average 27% 32% 32% 21%

Axtel Inds. 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 26 29 26 30 37 43 52 55 71 81 96
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 8 8 5 2 0 1 1 1 0 0 0
Other Non-Current Liabilities 3 4 3 3 4 3 4 4 4 4 2
Total Current Liabilities 25 25 35 26 26 39 35 47 39 51 86
Total Liabilities 62 67 69 61 66 87 91 106 115 135 184
Fixed Assets 17 24 21 19 17 17 16 16 16 14 13
Other Non-Current Assets 5 3 3 4 8 19 20 8 4 5 9
Total Current Assets 40 39 44 39 42 51 56 83 95 116 162
Total Assets 62 67 69 61 66 87 91 106 115 135 184

Axtel Inds. 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 5 1 2 6 1 7 4 5 4 8 6
Cash Flow from Operating Activities 1 8 7 -1 15 12 9 12 25 -11 30
Cash Flow from Investing Activities -11 -8 -1 -1 -4 -13 -2 -11 -8 14 -20
Cash Flow from Financing Activities 6 -0 -1 -4 -6 -1 -6 -2 -13 -5 -5
Net Cash Inflow / Outflow -3 0 5 -5 5 -3 1 -1 4 -2 5
Closing Cash & Cash Equivalent 1 2 6 1 7 4 5 4 8 6 12

Axtel Inds. 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) 3.38 2.76 -4.67 2.97 4.23 3.67 8.02 6.74 13.18 8.56 10.71
CEPS(Rs) 4.76 5.56 -2.26 5.11 5.96 5.15 9.75 8.4 14.79 10.32 12.2
DPS(Rs) 0 0 0 0 0 1.5 1.5 2.5 6 2 3
Book NAV/Share(Rs) 24.21 26.98 15.84 18.63 22.82 26.63 32.23 34.05 44.18 50.03 59.52
Core EBITDA Margin(%) 10.09 16.77 -5.28 13.84 12.87 12.16 17.95 14.4 18.71 11.83 12.65
EBIT Margin(%) 8.54 11.9 -13.69 9.51 10.93 10.1 16.86 15.62 19.29 13.4 13.35
Pre Tax Margin(%) 7.48 7.8 -18.16 7.67 10.03 9.5 16.43 14.92 18.82 13.07 12.74
PAT Margin (%) 5.05 5.18 -17.35 6.44 8.24 7.14 11.7 10.93 13.88 9.61 9.6
Cash Profit Margin (%) 7.1 10.43 -8.41 11.06 11.6 10.02 14.23 13.62 15.57 11.58 10.94
ROA(%) 6.13 4.29 -11.13 7.37 10.73 7.76 14.54 11.04 19.23 11.03 10.83
ROE(%) 15.01 10.8 -28.69 17.24 20.42 14.85 27.26 20.34 33.7 18.18 19.55
ROCE(%) 16.05 14.77 -14.27 18.11 22.1 18.84 37.17 26.85 43.91 25.19 27.11
Receivable days 81.48 118.97 128.55 76.56 79.5 83.56 65.16 57.31 37.98 83.59 108.86
Inventory Days 53.78 63.24 120.42 77.21 57.04 66.13 65.19 96.04 63.4 74.99 82.7
Payable days 74.92 160.25 201.62 122.11 99.98 138.16 110.91 119.12 81.82 120.3 135.81
PER(x) 2.35 2.28 0 4.95 19.51 25.46 15.8 13.96 23.83 31.25 22.43
Price/Book(x) 0.33 0.23 0.72 0.79 3.62 3.51 3.93 2.76 7.11 5.35 4.04
Dividend Yield(%) 0 0 0 0 0 1.6 1.18 2.66 1.91 0.75 1.25
EV/Net Sales(x) 0.36 0.44 0.62 0.49 1.73 1.85 1.81 1.56 3.26 2.96 2.09
EV/Core EBITDA(x) 3.04 2.34 -11.93 3.14 11.09 14 8.86 8.52 15.53 21.14 14.23
Net Sales Growth(%) 1.69 -20.29 -17.05 68.12 13.39 7.09 35.89 -10.02 53.93 -6.13 25.11
EBIT Growth(%) 6.01 10.96 -193.76 219.23 27.86 -7.46 122.58 -16.63 90.01 -34.76 24.6
PAT Growth(%) 12.06 -18.22 -372.79 163.68 42.43 -13.25 118.45 -15.96 95.53 -35.04 25.09
EPS Growth(%) 12.06 -18.22 -268.86 163.68 42.43 -13.25 118.45 -15.96 95.53 -35.04 25.08
Debt/Equity(x) 0.62 0.62 0.49 0.34 0.13 0.1 0.02 0.14 0.01 0.01 0
Current Ratio(x) 1.59 1.53 1.27 1.54 1.62 1.29 1.6 1.77 2.42 2.3 1.89
Quick Ratio(x) 1.28 1.11 0.76 1 1.14 0.84 0.98 1.11 1.85 1.57 1.37
Interest Cover(x) 8.07 2.9 -3.06 5.17 12.15 16.65 38.84 22.09 41.27 40.37 22.02
Total Debt/Mcap(x) 1.88 2.66 0.68 0.43 0.04 0.03 0.01 0.05 0 0 0

Axtel Inds. Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95
FII 0.19 0.19 0.19 0.09 0.06 0 0 0 0 0.02
DII 0 0 0 0 0 0 0 0 0 0.25
Public 49.86 49.86 49.86 49.96 49.99 50.05 50.05 50.05 50.05 49.78
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 23% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 24%
  • Company is almost debt free.

Cons

  • Promoter holding is low: 49.95%.
  • Debtor days have increased from 120.3 to 135.81days.
  • Stock is trading at 8 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.

Axtel Inds. 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.....