Astal Laboratories Ltd

Astal Laboratories Ltd

₹ 82.0 -4.66%
20 Dec - close price
About

Incorporated in 1993, Macro International Ltd used to export goods as well as sales through departmental stores. Presently, company is engaged in real estate business

Key Points

Business Overview:[1]
Company used to have a departmental store at Kanpur and a saddlery export business. Company used to sell company bridles, halters, rugs, saddles, strip leather, reins, shoes and bell boots, etc. But due to unavoidable circumstances, business was closed down. Afterwards, company entered in real estate business.

  • Market Cap 145 Cr.
  • Current Price 82.0
  • High / Low 132 / 35.3
  • Stock P/E 30.5
  • Book Value 30.0
  • Dividend Yield 0.00 %
  • ROCE 7.63 %
  • ROE 5.47 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 2.73 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 19.9%
  • Company has a low return on equity of 3.17% over last 3 years.
  • Company has high debtors of 244 days.
  • Promoter holding has decreased over last 3 years: -47.0%

* 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.

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.00 0.00 0.00 0.00 0.00 0.00 3.43 1.36 12.25 8.41 12.25 13.15 13.16
0.05 0.06 0.06 0.10 0.02 0.09 3.40 1.36 11.67 7.92 11.67 10.77 10.27
Operating Profit -0.05 -0.06 -0.06 -0.10 -0.02 -0.09 0.03 0.00 0.58 0.49 0.58 2.38 2.89
OPM % 0.87% 0.00% 4.73% 5.83% 4.73% 18.10% 21.96%
0.05 0.05 0.06 0.09 0.05 0.00 0.09 0.01 0.00 0.00 0.00 0.03 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.09
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.02 0.01 0.03
Profit before tax 0.00 -0.01 0.00 -0.01 0.03 -0.09 0.12 0.01 0.56 0.48 0.56 2.34 2.77
Tax % 0.00% 0.00% 0.00% 0.00% 16.67% 0.00% 0.00% 0.00% 0.00% 27.78% 27.80%
-0.01 -0.01 0.00 -0.01 0.02 -0.09 0.10 0.01 0.56 0.49 0.56 1.69 2.00
EPS in Rs -0.03 -0.03 0.00 -0.03 0.05 -0.23 0.25 0.03 1.41 1.00 0.57 1.72 2.03
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.20 0.00 3.43 23.65 46.97
1.17 0.21 0.27 0.27 0.28 0.29 0.36 0.21 0.18 0.20 3.57 22.53 40.63
Operating Profit -0.09 -0.21 -0.27 -0.27 -0.28 -0.29 -0.36 -0.21 0.02 -0.20 -0.14 1.12 6.34
OPM % -8.33% 10.00% -4.08% 4.74% 13.50%
0.26 0.34 0.33 0.30 0.31 0.30 0.30 0.20 0.00 0.20 0.18 0.01 0.03
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.15
Depreciation 0.02 0.01 0.01 0.01 0.01 0.01 0.02 0.02 0.02 0.01 0.01 0.03 0.07
Profit before tax 0.15 0.12 0.05 0.02 0.02 0.00 -0.08 -0.03 0.00 -0.01 0.03 1.09 6.15
Tax % 260.00% 25.00% -260.00% 50.00% 0.00% 12.50% 0.00% 0.00% 66.67% 27.52%
-0.23 0.09 0.18 0.01 0.01 -0.01 -0.08 -0.03 0.01 -0.02 0.02 0.78 4.74
EPS in Rs -0.58 0.23 0.45 0.03 0.03 -0.03 -0.20 -0.08 0.03 -0.05 0.05 0.79 5.32
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: %
5 Years: %
3 Years: 391%
TTM: 176%
Compounded Profit Growth
10 Years: 24%
5 Years: 64%
3 Years: 327%
TTM: 717%
Stock Price CAGR
10 Years: 14%
5 Years: 55%
3 Years: 132%
1 Year: 132%
Return on Equity
10 Years: 1%
5 Years: 2%
3 Years: 3%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3.99 3.99 3.99 3.99 3.99 3.99 3.99 3.99 3.99 3.99 3.99 9.85 9.85
Reserves 1.01 1.10 1.28 1.29 1.30 1.29 1.21 1.18 1.19 1.17 1.19 13.49 19.63
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.31 3.07
0.19 0.19 0.06 0.06 0.12 0.13 0.13 0.10 0.13 0.07 4.73 12.96 28.02
Total Liabilities 5.19 5.28 5.33 5.34 5.41 5.41 5.33 5.27 5.31 5.23 9.91 36.61 60.57
0.08 0.08 0.07 0.12 0.10 0.10 0.08 0.07 0.05 0.01 0.01 0.69 0.85
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 0.48 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
4.63 5.20 5.26 5.22 5.31 5.31 5.25 5.20 5.26 5.22 9.90 35.92 59.72
Total Assets 5.19 5.28 5.33 5.34 5.41 5.41 5.33 5.27 5.31 5.23 9.91 36.61 60.57

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.81 -0.82 -0.33 -0.23 -0.30 -0.29 -0.30 -0.20 -0.19 -0.25 -1.44 -5.59
0.81 0.82 0.33 0.23 0.31 0.29 0.30 0.20 0.20 0.24 1.50 -6.11
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17.69
Net Cash Flow 0.00 0.00 -0.01 0.00 0.00 0.00 0.00 0.01 0.02 -0.01 0.07 5.99

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 0.00 337.33 244.16
Inventory Days 0.00 0.00 18.13
Days Payable 197.04
Cash Conversion Cycle 0.00 0.00 337.33 65.25
Working Capital Days 1,554.63 -73.00 138.34 118.68
ROCE % 2.93% 2.38% 0.97% 0.57% 0.38% 0.00% -1.53% -0.58% 0.00% 0.00% 0.58% 7.63%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
66.94% 66.81% 66.81% 68.18% 68.18% 68.18% 61.13% 55.72% 39.79% 19.93% 19.93% 19.93%
33.06% 33.19% 33.19% 31.82% 31.83% 31.82% 38.86% 44.28% 60.21% 80.07% 80.07% 80.07%
No. of Shareholders 1,2321,2621,2191,1881,1791,1631,1561,1691,1851,2411,2421,629

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