NDR Auto Components

₹829.5 1 | 0.1%

WEBSITE BSE:543214 NSE : NDRAUTO 18 May, 12:50

Market Cap ₹986 Cr.

Stock P/E 26.6

P/B 4.1

Current Price ₹829.5

Book Value ₹ 202.1

Face Value 10

52W High ₹988

Dividend Yield 0.6%

52W Low ₹ 335

Edit Ratio

NDR Auto Components Research see more...

Overview Inc. Year: 2019Industry: Auto Ancillary

NDR Auto Components Ltd engages inside the manufacturing, fabricating, assembling, selling, and trading of automotive additives for passenger and utility motors in India. It gives seat frames and seat trims for two-wheeler and 4-wheeler vehicles, as well as BIW elements. The company become integrated in 2019 and is based totally in Gurugram, India.

NDR Auto Components Share Price

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Peer Comparison

NDR Auto Components 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	53	55	80	63	94	106	130	128	158	140
Other Income	2	3	1	1	1	1	3	1	1	1
Total Income	55	58	81	64	95	107	133	129	158	141
Total Expenditure	50	53	74	59	85	98	119	116	142	127
Operating Profit	5	5	7	6	10	9	14	13	16	14
Interest	0	0	0	0	0	1	1	1	1	1
Depreciation	2	2	2	2	1	3	3	3	4	4
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	3	3	5	3	8	6	10	9	12	9
Provision for Tax	1	1	1	1	2	1	3	2	3	2
Profit After Tax	3	2	4	3	6	4	8	6	9	7
Adjustments	1	1	3	1	2	1	2	2	2	2
Profit After Adjustments	3	3	6	4	8	6	10	8	10	9
Adjusted Earnings Per Share	2.7	2.7	5.1	3.4	7.1	4.8	8.4	6.9	8.7	7.2

NDR Auto Components Profit & Loss

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	97	114	233	393	556
Other Income	8	8	8	6	6
Total Income	105	122	240	399	561
Total Expenditure	97	108	219	361	504
Operating Profit	7	14	22	38	57
Interest	0	0	1	2	4
Depreciation	7	5	7	9	14
Exceptional Income / Expenses	0	0	0	0	0
Profit Before Tax	-0	9	18	35	40
Provision for Tax	-1	3	3	7	10
Profit After Tax	1	6	15	28	30
Adjustments	6	2	0	0	8
Profit After Adjustments	7	9	15	28	37
Adjusted Earnings Per Share	5.5	7.2	12.5	23.6	31.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	69%	59%	0%	0%
Operating Profit CAGR	73%	76%	0%	0%
PAT CAGR	87%	204%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	150%	104%	NA%	NA%
ROE Average	14%	8%	6%	6%
ROCE Average	18%	11%	8%	8%

NDR Auto Components Balance Sheet

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	170	178	191	218
Minority's Interest	0	0	0	0
Borrowings	0	0	2	2
Other Non-Current Liabilities	-0	4	9	29
Total Current Liabilities	19	39	47	94
Total Liabilities	188	222	248	343
Fixed Assets	33	41	47	133
Other Non-Current Assets	39	48	77	78
Total Current Assets	115	133	124	131
Total Assets	188	222	248	343

NDR Auto Components Cash Flow

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	12	5	4	1
Cash Flow from Operating Activities	3	-2	1	48
Cash Flow from Investing Activities	-10	1	-4	-35
Cash Flow from Financing Activities	-1	-1	0	-5
Net Cash Inflow / Outflow	-7	-1	-3	8
Closing Cash & Cash Equivalent	5	4	1	9

NDR Auto Components Ratios

#	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	5.54	7.17	12.52	23.63
CEPS(Rs)	6.68	9.54	18.68	30.93
DPS(Rs)	0	1	2.5	5
Book NAV/Share(Rs)	142.59	149.82	160.78	183.24
Core EBITDA Margin(%)	-0.68	5.58	5.99	8.08
EBIT Margin(%)	0.05	7.99	8.15	9.42
Pre Tax Margin(%)	-0.11	7.88	7.84	8.96
PAT Margin (%)	0.58	5.58	6.4	7.16
Cash Profit Margin (%)	8.22	9.94	9.55	9.36
ROA(%)	0.3	3.11	6.34	9.51
ROE(%)	0.33	3.66	8.06	13.74
ROCE(%)	0.03	5.24	10.21	17.91
Receivable days	22.91	59.44	48.32	28.6
Inventory Days	26.07	30.84	26.41	28.16
Payable days	79.69	110.61	78.87	70.63
PER(x)	0	13.25	15.69	11.76
Price/Book(x)	0	0.63	1.22	1.52
Dividend Yield(%)	0	0.53	0.64	0.9
EV/Net Sales(x)	-0.93	0.24	0.79	0.71
EV/Core EBITDA(x)	-12.15	1.95	8.51	7.38
Net Sales Growth(%)	0	18.13	103.76	68.9
EBIT Growth(%)	0	0	107.94	95.06
PAT Growth(%)	0	1030.87	133.65	88.81
EPS Growth(%)	0	29.45	74.49	88.81
Debt/Equity(x)	0	0	0.01	0.01
Current Ratio(x)	6.1	3.39	2.67	1.39
Quick Ratio(x)	5.73	3.07	2.21	0.97
Interest Cover(x)	0.31	75.37	26.14	20.7
Total Debt/Mcap(x)	0	0	0.01	0.01

NDR Auto Components Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	73.95	73.95	73.95	73.95	73.95	73.95	73.95	73.06	73.06	73.06
FII	0	0	0.84	0.84	0.24	0	0	0.01	0.01	0
DII	0	0	0	0	0	0	0	0	0	0
Public	26.05	26.05	25.21	25.21	25.81	26.05	26.05	26.93	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

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.87	0.87	0.87
FII	0	0	0.01	0.01	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.32	0.32	0.32
Others	0	0	0	0	0	0	0	0	0	0
Total	0.59	0.59	0.59	0.59	0.59	0.59	0.59	1.19	1.19	1.19

Pros

Debtor days have improved from 78.87 to 70.63days.
Company is almost debt free.

Cons

Company has a low return on equity of 8% over the last 3 years.
Stock is trading at 4.1 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.