Onix Solar Energy Ltd
₹ 345
2.00%
17 Jan
- close price
About
Established in 1980 as a manufacturer and trader non ferrous metals like brass rods & tubes and copper pipes, ABC Gas International Limited (formerly known as Brassco Extrusions Ltd.) is now the largest ISO certified Gas Reticulation Company in India.
The company works in designing, installing and maintaining LPG Reticulated Systems.
Key Points
- Market Cap ₹ 68.2 Cr.
- Current Price ₹ 345
- High / Low ₹ 345 / 51.0
- Stock P/E 107
- Book Value ₹ 21.0
- Dividend Yield 0.00 %
- ROCE -13.5 %
- ROE -15.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 16.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -58.0% over past five years.
- Company has a low return on equity of -24.1% 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.
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Quarterly Results
Figures in Rs. Crores
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14.80 | 2.66 | 4.07 | 2.34 | 3.95 | 1.58 | 0.77 | 1.16 | 0.42 | 1.54 | 0.02 | 0.01 | 6.12 | |
| 14.84 | 2.54 | 4.15 | 2.67 | 4.32 | 2.02 | 1.03 | 1.54 | 1.08 | 2.99 | 0.17 | 0.54 | 5.79 | |
| Operating Profit | -0.04 | 0.12 | -0.08 | -0.33 | -0.37 | -0.44 | -0.26 | -0.38 | -0.66 | -1.45 | -0.15 | -0.53 | 0.33 |
| OPM % | -0.27% | 4.51% | -1.97% | -14.10% | -9.37% | -27.85% | -33.77% | -32.76% | -157.14% | -94.16% | -750.00% | -5,300.00% | 5.39% |
| 0.29 | 0.30 | 0.47 | 0.18 | 0.31 | 0.38 | 0.45 | 0.15 | 0.28 | 1.85 | 2.56 | 0.83 | 1.14 | |
| Interest | 0.04 | 0.19 | 0.16 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.13 | 0.02 | 0.01 | 0.00 |
| Depreciation | 0.01 | 0.03 | 0.06 | 0.06 | 0.06 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.01 |
| Profit before tax | 0.20 | 0.20 | 0.17 | -0.23 | -0.13 | -0.11 | 0.16 | -0.26 | -0.41 | 0.25 | 2.36 | 0.26 | 1.46 |
| Tax % | 20.00% | 20.00% | 5.88% | -4.35% | -7.69% | -36.36% | 18.75% | -3.85% | 0.00% | 0.00% | 11.44% | 19.23% | |
| 0.16 | 0.16 | 0.16 | -0.22 | -0.12 | -0.06 | 0.13 | -0.26 | -0.41 | 0.25 | 2.09 | 0.21 | 1.45 | |
| EPS in Rs | 0.81 | 0.81 | 0.81 | -1.11 | -0.61 | -0.30 | 0.66 | -1.31 | -2.07 | 1.26 | 10.56 | 1.06 | 7.32 |
| 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: | -43% |
| 5 Years: | -58% |
| 3 Years: | -71% |
| TTM: | 61100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -21% |
| TTM: | 176% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 118% |
| 3 Years: | 203% |
| 1 Year: | 529% |
| Return on Equity | |
|---|---|
| 10 Years: | -12% |
| 5 Years: | -22% |
| 3 Years: | -24% |
| Last Year: | -16% |
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 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 | 1.98 |
| Reserves | 0.13 | 0.29 | 0.41 | 0.17 | 0.03 | -0.03 | 0.10 | -0.16 | -0.57 | -0.32 | 1.77 | 1.98 | 2.17 |
| 0.52 | 1.54 | 1.63 | 1.84 | 1.67 | 1.33 | 1.02 | 1.33 | 1.52 | 0.12 | 0.57 | 0.00 | 0.00 | |
| 19.81 | 5.06 | 1.99 | 1.70 | 3.42 | 3.38 | 2.02 | 1.74 | 1.93 | 5.61 | 0.34 | 0.07 | 0.07 | |
| Total Liabilities | 22.44 | 8.87 | 6.01 | 5.69 | 7.10 | 6.66 | 5.12 | 4.89 | 4.86 | 7.39 | 4.66 | 4.03 | 4.22 |
| 0.17 | 0.39 | 0.39 | 0.33 | 0.28 | 0.25 | 0.22 | 0.20 | 0.16 | 0.14 | 0.19 | 0.02 | 0.01 | |
| 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 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.00 | 0.00 |
| 22.19 | 8.40 | 5.54 | 5.28 | 6.74 | 6.33 | 4.82 | 4.61 | 4.62 | 7.17 | 4.39 | 4.01 | 4.21 | |
| Total Assets | 22.44 | 8.87 | 6.01 | 5.69 | 7.10 | 6.66 | 5.12 | 4.89 | 4.86 | 7.39 | 4.66 | 4.03 | 4.22 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.89 | -0.05 | -0.26 | 0.05 | -0.17 | -0.05 | -0.12 | -0.43 | 0.16 | 1.13 | -6.14 | 3.20 | |
| 0.75 | 0.02 | 0.20 | 0.03 | 0.24 | 0.39 | 0.45 | 0.13 | -0.33 | 0.37 | 5.66 | 1.05 | |
| -0.04 | -0.02 | -0.01 | 0.00 | -0.15 | -0.34 | -0.32 | 0.32 | 0.18 | -1.53 | 0.45 | -0.59 | |
| Net Cash Flow | -0.18 | -0.05 | -0.07 | 0.07 | -0.08 | 0.00 | 0.01 | 0.02 | 0.02 | -0.03 | -0.03 | 3.66 |
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 | 394.59 | 134.47 | 41.25 | 188.74 | 386.25 | 859.37 | 1,336.75 | 1,192.54 | 3,241.55 | 654.16 | 0.00 | 0.00 |
| Inventory Days | 51.86 | 984.98 | 443.43 | 571.94 | 198.33 | 622.34 | 1,043.67 | 215.83 | 680.68 | 84.77 | 12,775.00 | 1,407.86 |
| Days Payable | 481.74 | 785.89 | 160.88 | 244.42 | 299.82 | 845.54 | 1,072.19 | 501.48 | 1,736.22 | 35.32 | 6,205.00 | 312.86 |
| Cash Conversion Cycle | -35.29 | 333.56 | 323.80 | 516.26 | 284.76 | 636.17 | 1,308.24 | 906.89 | 2,186.01 | 703.61 | 6,570.00 | 1,095.00 |
| Working Capital Days | 54.50 | 443.21 | 313.88 | 536.58 | 298.47 | 669.94 | 1,294.09 | 874.74 | 2,224.76 | 353.15 | 71,540.00 | 8,760.00 |
| ROCE % | 10.46% | 12.11% | 7.92% | -5.74% | -3.65% | -2.87% | 5.02% | -8.32% | -13.16% | -47.56% | -1.31% | -13.53% |
Documents
Announcements
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Board Meeting Outcome for Outcome Of Board Meeting_Results
2d - Board approved unaudited financial results for Q3 2024.
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Board Meeting Intimation for Quarterly Results
13 Jan - Board meeting to discuss financial results on January 16, 2025.
- Closure of Trading Window 31 Dec
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Clarification On Price Movement
18 Dec 2024 - Clarification on price movement of Onix Solar shares.
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Clarification sought from Onix Solar Energy Ltd
17 Dec 2024 - Exchange has sought clarification from Onix Solar Energy Ltd on December 17, 2024 with reference to significant movement in price, in order to ensure that …
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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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 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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Import of Products:[1]
The company imports Copper, DZR Endfeed and Solder fittings from France for trading. The company also manufactures and imports Copper Pipes, Pressure Regulators, Meters and accessories.