Sal Automotive

₹501 21.1 | 4.4%

WEBSITE BSE:539353 NSE : SALAUTO 18 May, 12:50

Market Cap ₹120 Cr.

Stock P/E 17.4

P/B 3.1

Current Price ₹501

Book Value ₹ 159.1

Face Value 10

52W High ₹696.9

Dividend Yield 0.8%

52W Low ₹ 260.1

Edit Ratio

Sal Automotive Research see more...

Overview Inc. Year: 1974Industry: Auto Ancillary

Sal Automotive Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Sal Automotive Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	31	48	38	60	75	76	92	85	80	82
Other Income	0	1	0	0	0	0	1	0	1	0
Total Income	32	48	38	60	76	77	93	85	81	82
Total Expenditure	31	47	39	59	73	74	87	81	77	79
Operating Profit	1	1	-1	2	2	3	6	4	4	3
Interest	0	0	0	0	1	1	1	1	1	1
Depreciation	0	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	0	1	-2	1	1	1	4	2	2	1
Provision for Tax	0	0	-0	0	0	0	1	1	1	0
Profit After Tax	0	0	-1	0	1	1	3	2	1	1
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	0	0	-1	0	1	1	3	2	1	1
Adjusted Earnings Per Share	0.9	1.8	-5.5	1.6	3.2	3.3	11.5	7.4	6.2	3.8

Sal Automotive 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	75	81	94	96	93	114	131	85	95	151	304	339
Other Income	1	1	1	1	1	1	1	1	1	2	2	2
Total Income	76	81	95	96	94	115	131	87	96	152	305	341
Total Expenditure	71	77	90	93	90	109	125	86	93	152	293	324
Operating Profit	4	5	5	4	4	6	7	1	3	0	12	17
Interest	0	0	0	0	0	0	0	0	1	1	3	4
Depreciation	1	1	1	1	1	1	1	1	2	2	3	4
Exceptional Income / Expenses	0	0	0	0	0	0	0	3	0	0	0	0
Profit Before Tax	3	4	4	3	3	5	5	2	1	-3	6	9
Provision for Tax	1	1	1	1	1	2	1	1	0	-1	1	3
Profit After Tax	2	2	2	2	2	3	3	1	1	-2	5	7
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	2	2	2	2	2	3	3	1	1	-2	5	7
Adjusted Earnings Per Share	0	0	0	8.5	9.6	14.2	14.5	5.2	3.5	-9.7	19.6	28.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	101%	53%	22%	15%
Operating Profit CAGR	0%	129%	15%	12%
PAT CAGR	0%	71%	11%	10%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	89%	44%	18%	NA%
ROE Average	14%	3%	5%	7%
ROCE Average	14%	5%	7%	11%

Sal Automotive 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	23	24	25	26	29	31	33	33	34	30	35
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	0	0	0	0	0	2	2	9
Other Non-Current Liabilities	2	2	2	1	1	1	1	1	2	1	4
Total Current Liabilities	20	23	23	21	21	35	31	30	39	71	82
Total Liabilities	45	49	50	48	51	67	65	64	77	104	130
Fixed Assets	10	10	9	9	6	9	9	9	9	13	33
Other Non-Current Assets	1	1	1	1	6	9	9	14	17	34	13
Total Current Assets	34	38	40	38	39	50	47	41	50	57	84
Total Assets	45	49	50	48	51	67	65	64	77	104	130

Sal Automotive 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	8	9	8	8	10	9	7	9	8	8	1
Cash Flow from Operating Activities	3	0	1	4	-0	-1	3	-7	-1	-9	17
Cash Flow from Investing Activities	-2	-0	-1	-0	-1	-3	-1	7	-0	-14	-10
Cash Flow from Financing Activities	-1	-1	-1	-1	-1	3	-0	-2	2	16	6
Net Cash Inflow / Outflow	1	-1	-0	3	-2	-1	1	-1	0	-7	13
Closing Cash & Cash Equivalent	9	8	8	10	9	7	9	8	8	1	14

Sal Automotive 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	0	0	8.48	9.6	14.21	14.49	5.22	3.5	-9.7	19.6
CEPS(Rs)	13.19	14.21	14.07	11.82	12.75	17.97	20.19	11.22	9.91	-0.84	32.42
DPS(Rs)	3	3.5	3.5	3.5	4	4.5	4.5	3.5	3.5	0	4
Book NAV/Share(Rs)	0	0	0	109.23	120.53	130.37	139.42	139.4	139.94	126.54	145.75
Core EBITDA Margin(%)	4.29	4.4	3.6	2.8	3.12	4.42	4.39	-0.7	1.6	-0.83	3.42
EBIT Margin(%)	3.99	3.94	3.46	2.84	3.35	4.44	3.98	2.64	1.46	-1.22	2.91
Pre Tax Margin(%)	3.97	3.91	3.44	2.82	3.29	4.26	3.69	2.15	0.9	-1.99	2.04
PAT Margin (%)	2.67	2.58	2.33	1.93	2.23	2.93	2.66	1.46	0.89	-1.54	1.55
Cash Profit Margin (%)	3.72	3.75	3.26	2.69	2.97	3.7	3.7	3.15	2.51	-0.13	2.56
ROA(%)	5.22	5.01	4.89	4.17	4.66	5.76	5.27	1.95	1.19	-2.57	4.02
ROE(%)	10.22	9.93	9.75	7.92	8.36	11.32	10.74	3.75	2.51	-7.28	14.4
ROCE(%)	15.25	15.13	14.48	11.68	12.55	17.1	15.97	6.74	3.64	-3.68	13.78
Receivable days	75.75	76.62	72.62	62.99	63.11	78.53	79.5	100.57	94.62	76.2	43.15
Inventory Days	16	17.19	17.86	19.99	20.06	18.73	18.53	30.52	30.88	28.57	23.59
Payable days	105.05	114	107.18	97.28	99.49	102.88	93.93	129.52	131.16	107.03	67.93
PER(x)	0	0	0	0	5.05	8.86	16.53	17.54	47.11	0	12.55
Price/Book(x)	0	0	0	0	0.4	0.97	1.72	0.66	1.18	1.56	1.69
Dividend Yield(%)	0	0	0	0	8.26	3.57	1.88	3.82	2.12	0	1.63
EV/Net Sales(x)	-0.09	-0.07	-0.06	-0.08	0.03	0.2	0.37	0.17	0.43	0.49	0.27
EV/Core EBITDA(x)	-1.55	-1.23	-1.16	-2.13	0.73	3.83	7.46	22.74	13.82	257.02	6.83
Net Sales Growth(%)	6.58	7.6	16.36	1.93	-2.77	22.28	14.9	-34.58	10.62	59.27	101.74
EBIT Growth(%)	29.87	5.47	0.14	-16.31	15.24	49.48	0.6	-56.5	-38.94	-233.25	581.07
PAT Growth(%)	47.42	3.27	2.76	-15.75	13.25	47.93	1.99	-63.96	-32.96	-377.11	302.04
EPS Growth(%)	0	0	0	0	13.25	47.93	1.99	-63.96	-32.96	-377.11	302.04
Debt/Equity(x)	0	0	0	0	0	0.01	0	0	0.26	0.89	1.03
Current Ratio(x)	1.72	1.7	1.74	1.83	1.83	1.44	1.53	1.38	1.28	0.81	1.03
Quick Ratio(x)	1.5	1.51	1.48	1.56	1.56	1.4	1.56	1.36	1.06	0.6	0.73
Interest Cover(x)	191.68	144.87	267.43	130.96	51.66	25.34	13.97	5.35	2.61	-1.59	3.34
Total Debt/Mcap(x)	0	0	0	0	0	0.01	0	0	0.22	0.57	0.61

Sal Automotive 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
DII	4.44	4.44	4.44	4.44	4.44	4.44	4.44	4.44	4.44	4.44
Public	20.56	20.56	20.56	20.56	20.56	20.56	20.56	20.56	20.56	20.56
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	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18
FII	0	0	0	0	0	0	0	0	0	0
DII	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Public	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05
Others	0	0	0	0	0	0	0	0	0	0
Total	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24

Pros

Debtor days have improved from 107.03 to 67.93days.

Cons

Company has a low return on equity of 3% over the last 3 years.
Stock is trading at 3.1 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.