Auto Pins (India) Ltd
Established in 1953, APIL has specializes in design, development and manufacture of Leaf & Parabolic Springs and Automotive Components under the brand name of SIROCCO.
- Market Cap ₹ 123 Cr.
- Current Price ₹ 215
- High / Low ₹ 215 / 45.0
- Stock P/E 79.1
- Book Value ₹ 13.8
- Dividend Yield 0.00 %
- ROCE 14.1 %
- ROE 12.5 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 15.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.9% over 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.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
16.86 | 14.94 | 13.52 | 10.10 | 7.84 | 12.84 | 22.24 | 34.34 | 26.94 | 28.27 | 35.79 | 45.10 | 63.10 | |
16.35 | 15.01 | 13.42 | 10.23 | 8.57 | 12.32 | 21.59 | 33.74 | 26.29 | 26.95 | 34.96 | 43.53 | 60.36 | |
Operating Profit | 0.51 | -0.07 | 0.10 | -0.13 | -0.73 | 0.52 | 0.65 | 0.60 | 0.65 | 1.32 | 0.83 | 1.57 | 2.74 |
OPM % | 3.02% | -0.47% | 0.74% | -1.29% | -9.31% | 4.05% | 2.92% | 1.75% | 2.41% | 4.67% | 2.32% | 3.48% | 4.34% |
4.97 | 1.42 | 7.31 | 0.52 | 0.54 | 0.02 | 0.14 | 0.41 | 0.41 | 0.26 | 0.31 | 0.25 | 0.10 | |
Interest | 0.08 | 0.07 | 0.02 | 0.01 | 0.03 | 0.10 | 0.13 | 0.15 | 0.13 | 0.14 | 0.27 | 0.44 | 0.73 |
Depreciation | 1.05 | 1.06 | 1.07 | 0.21 | 0.13 | 0.23 | 0.27 | 0.37 | 0.44 | 0.53 | 0.43 | 0.51 | 0.53 |
Profit before tax | 4.35 | 0.22 | 6.32 | 0.17 | -0.35 | 0.21 | 0.39 | 0.49 | 0.49 | 0.91 | 0.44 | 0.87 | 1.58 |
Tax % | 0.00% | 0.00% | 0.00% | 0.00% | -5.71% | 19.05% | 17.95% | -26.53% | 0.00% | 0.00% | -45.45% | 3.45% | |
4.35 | 0.23 | 6.32 | 0.17 | -0.38 | 0.17 | 0.31 | 0.63 | 0.49 | 0.91 | 0.64 | 0.85 | 1.55 | |
EPS in Rs | 7.62 | 0.40 | 11.07 | 0.30 | -0.67 | 0.30 | 0.54 | 1.10 | 0.86 | 1.59 | 1.12 | 1.49 | 2.72 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 15% |
3 Years: | 19% |
TTM: | 60% |
Compounded Profit Growth | |
---|---|
10 Years: | -15% |
5 Years: | 30% |
3 Years: | 20% |
TTM: | 104% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 74% |
1 Year: | 310% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 | 5.71 |
Reserves | -6.52 | -6.29 | 0.03 | -2.00 | -2.15 | -1.97 | -1.67 | -1.04 | -0.55 | 0.36 | 0.66 | 1.50 | 2.16 |
6.49 | 6.65 | 1.86 | 2.28 | 2.14 | 2.06 | 2.31 | 2.32 | 1.92 | 2.58 | 2.46 | 2.57 | 4.15 | |
7.94 | 6.47 | 3.05 | 2.73 | 2.67 | 3.15 | 3.84 | 5.01 | 4.66 | 5.62 | 6.14 | 8.71 | 8.84 | |
Total Liabilities | 13.62 | 12.54 | 10.65 | 8.72 | 8.37 | 8.95 | 10.19 | 12.00 | 11.74 | 14.27 | 14.97 | 18.49 | 20.86 |
5.98 | 5.14 | 4.27 | 1.89 | 2.41 | 2.79 | 3.77 | 4.65 | 4.88 | 4.95 | 5.01 | 5.12 | 5.68 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 |
7.61 | 7.37 | 6.35 | 6.80 | 5.93 | 6.12 | 6.38 | 7.31 | 6.83 | 9.29 | 9.93 | 13.35 | 15.16 | |
Total Assets | 13.62 | 12.54 | 10.65 | 8.72 | 8.37 | 8.95 | 10.19 | 12.00 | 11.74 | 14.27 | 14.97 | 18.49 | 20.86 |
Cash Flows
Figures in Rs. Crores
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4.92 | 0.17 | 4.84 | -0.53 | 0.53 | 0.84 | 1.38 | 1.65 | 1.34 | -0.19 | 0.96 | 0.55 | |
-0.30 | -0.22 | -0.20 | -0.02 | -0.43 | -0.60 | -1.24 | -1.23 | -0.65 | -0.57 | -0.35 | -0.58 | |
-4.56 | 0.24 | -4.79 | 0.43 | -0.15 | -0.22 | -0.18 | -0.23 | -0.44 | 0.57 | -0.39 | -0.33 | |
Net Cash Flow | 0.06 | 0.19 | -0.15 | -0.13 | -0.05 | 0.02 | -0.04 | 0.19 | 0.25 | -0.19 | 0.22 | -0.36 |
Ratios
Figures in Rs. Crores
Jun 2012 | Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 26.63 | 17.10 | 8.37 | 10.84 | 18.16 | 21.04 | 26.75 | 18.60 | 21.81 | 50.61 | 35.59 | 36.50 |
Inventory Days | 172.09 | 206.94 | 236.65 | 365.62 | 359.86 | 263.73 | 109.31 | 56.98 | 63.96 | 64.36 | 63.51 | 75.06 |
Days Payable | 48.99 | 50.66 | 38.33 | 44.15 | 54.35 | 39.53 | 54.93 | 44.19 | 53.80 | 64.20 | 58.37 | 69.28 |
Cash Conversion Cycle | 149.72 | 173.38 | 206.69 | 332.32 | 323.67 | 245.23 | 81.14 | 31.39 | 31.98 | 50.77 | 40.73 | 42.29 |
Working Capital Days | -14.72 | 8.80 | 78.02 | 137.33 | 141.53 | 76.47 | 28.56 | 10.31 | 12.87 | 32.79 | 27.43 | 31.89 |
ROCE % | 79.68% | 4.94% | 92.76% | 2.65% | -4.81% | 5.39% | 6.91% | 9.60% | 8.81% | 13.35% | 8.12% | 14.08% |
Documents
Announcements
- Board Meeting Intimation for Intimation Of Board Meeting Pursuant To Regulation 29(1) (A) Of SEBI (Listing Obligation And Disclosure Requirement) Regulation, 2015 For Approval Of Audited Standalone Financial Results For The Fourth Quarter And Year Ended On 31St March, 2024. 2d
- Non - Applicability Of Annual Secretarial Compliance Report Pursuant To Regulation 24A Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended 31St March 2024. 14 May
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Non Applicability Of Initial Disclosure And Annual Disclosure
30 Apr - Non-Applicability Disclosure pursuant to SEBI Circular No.SEBI/H0/DDHS/CIR/P/2018/144 dated 26th November 2018 in respect of fund raising by issuance of debt securities by large entity.
- Certificate Under Regulation 40 (9) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 For The Year Ended On 31.03.2024 29 Apr
-
Compliance Certificate For The Year Ended 31St March 2024.
16 Apr - Compliance certificate pursuant to Regulation 7(3) of SEBI (LODR)Regulation, 2015, for the year ended on 31st March 2024.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
from bse
Product Portfolio:
a) Leaf Springs[1]
b) Parabolic Springs[2]
c) U Bolts[3]
d) Spring Pins[4]
e) Trailer Parts/ Suspension Kits[5]