Acrow India Ltd
₹ 807
-4.99%
20 Dec
- close price
About
Incorporated in 1960, Acrow India Limited manufactures engineering items, primarily for the Sugar Industry. The company manufactures material-handling systems, sugar factory equipment, industrial storage solutions and electronic bulk-weighing systems.
Key Points
- Market Cap ₹ 51.6 Cr.
- Current Price ₹ 807
- High / Low ₹ 1,020 / 600
- Stock P/E
- Book Value ₹ 348
- Dividend Yield 0.00 %
- ROCE 2.02 %
- ROE 4.09 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -0.34% over last 3 years.
- Earnings include an other income of Rs.3.21 Cr.
* 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: Diversified Industry: Diversified - Medium / Small
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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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.37 | 0.03 | 0.21 | 0.00 | 0.01 | 0.00 | 0.00 | -0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 1.75 | 0.86 | 0.98 | 1.55 | 1.17 | 1.10 | 0.67 | 0.71 | 0.68 | 1.44 | 0.83 | 1.90 | 1.92 | |
| Operating Profit | -0.38 | -0.83 | -0.77 | -1.55 | -1.16 | -1.10 | -0.67 | -0.81 | -0.68 | -1.44 | -0.83 | -1.90 | -1.92 |
| OPM % | -27.74% | -2,766.67% | -366.67% | -11,600.00% | |||||||||
| 0.77 | 0.46 | 3.48 | 18.52 | 1.27 | 1.51 | 1.10 | 0.83 | 0.60 | 2.78 | 0.96 | 2.81 | 3.21 | |
| Interest | 0.01 | 0.02 | 0.01 | 0.04 | 0.00 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.33 | 0.31 | 0.30 | 0.46 | 0.46 | 0.38 | 0.33 | 0.27 | 0.24 | 0.24 | 0.18 | 0.30 | 0.30 |
| Profit before tax | 0.05 | -0.70 | 2.40 | 16.47 | -0.35 | 0.00 | 0.09 | -0.25 | -0.32 | 1.10 | -0.05 | 0.61 | 0.99 |
| Tax % | 20.00% | -7.14% | 46.25% | 25.99% | -11.43% | -133.33% | 20.00% | -56.25% | 22.73% | -140.00% | -68.85% | ||
| 0.04 | -0.65 | 1.29 | 12.19 | -0.31 | 0.00 | 0.21 | -0.30 | -0.14 | 0.86 | 0.02 | 1.02 | -0.46 | |
| EPS in Rs | 0.62 | -10.16 | 20.16 | 190.47 | -4.84 | 0.00 | 3.28 | -4.69 | -2.19 | 13.44 | 0.31 | 15.94 | -7.19 |
| Dividend Payout % | 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: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 31% |
| 3 Years: | 65% |
| TTM: | -175% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 48% |
| 3 Years: | 76% |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -1% |
| 3 Years: | 0% |
| Last Year: | 4% |
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 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 |
| Reserves | 8.52 | 7.87 | 9.05 | 21.25 | 20.94 | 20.97 | 21.18 | 20.87 | 20.73 | 21.59 | 21.61 | 22.64 | 21.62 |
| 1.69 | 1.53 | 1.13 | 0.86 | 0.53 | 0.14 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 1.75 | 1.62 | 2.25 | 0.70 | 0.44 | 0.27 | 0.13 | 0.11 | 0.08 | 0.13 | 0.05 | 0.53 | 1.68 | |
| Total Liabilities | 12.60 | 11.66 | 13.07 | 23.45 | 22.55 | 22.02 | 22.00 | 21.62 | 21.45 | 22.36 | 22.30 | 23.81 | 23.94 |
| 4.70 | 4.48 | 6.02 | 5.67 | 5.21 | 4.83 | 4.51 | 4.26 | 4.02 | 3.98 | 3.86 | 3.53 | 2.53 | |
| 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 | 3.10 | 0.31 | 0.28 | 9.20 | 1.71 | 0.71 | 9.50 | 9.25 | 8.99 | 8.95 | 0.00 | 0.00 | 0.00 |
| 4.80 | 6.87 | 6.77 | 8.58 | 15.63 | 16.48 | 7.99 | 8.11 | 8.44 | 9.43 | 18.44 | 20.28 | 21.41 | |
| Total Assets | 12.60 | 11.66 | 13.07 | 23.45 | 22.55 | 22.02 | 22.00 | 21.62 | 21.45 | 22.36 | 22.30 | 23.81 | 23.94 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.83 | -0.69 | -0.59 | -7.40 | -2.09 | -0.75 | -0.13 | -0.65 | -0.64 | -0.60 | -1.01 | -0.82 | |
| -2.54 | 0.91 | 1.02 | 7.74 | 8.40 | -0.08 | 0.66 | 0.79 | 0.41 | 2.02 | -6.14 | 0.80 | |
| 0.10 | -0.22 | -0.46 | -0.33 | -0.26 | 0.20 | -0.10 | -0.05 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | -3.27 | 0.00 | -0.02 | 0.01 | 6.05 | -0.63 | 0.44 | 0.09 | -0.23 | 1.42 | -7.15 | -0.02 |
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 | 29.31 | 1,216.67 | 139.05 | 21,170.00 | -146.00 | |||||||
| Inventory Days | 1,407.86 | 16,060.00 | 2,469.12 | 1,034.17 | -2,409.00 | 0.00 | ||||||
| Days Payable | 229.43 | 2,068.33 | 257.65 | 462.33 | ||||||||
| Cash Conversion Cycle | 1,207.74 | 15,208.33 | 2,350.52 | 21,170.00 | -2,555.00 | |||||||
| Working Capital Days | 1,012.41 | 71,783.33 | 10,063.57 | 316,455.00 | 6,606.50 | |||||||
| ROCE % | -1.59% | -6.32% | -3.64% | -6.32% | -1.60% | -1.32% | 0.60% | -0.69% | -2.57% | -3.81% | -1.80% | 2.02% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Listing Obligation and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the copies of the newspaper advertisement published both in English and Marathi in Free …
- Unaudited Financials And Limited Review Report For The Quarter And Half Year Ended September 30, 2024. 13 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting
13 Nov - Board approved unaudited financial results for Q2 2024.
-
Board Meeting Intimation for Intimation Of The Meeting Of The Board As Per Regulation 29 Of LODR
6 Nov - Board meeting to approve financial statements on Nov 13, 2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Oct - Compliance Certificate for quarter ended September 30, 2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Product Portfolio:[1]
a) Material Handling Systems:
Ravalgaon Brand Sugar Graders
Ravalgaon Brand Hoppers
Ravalgaon Brand Bin System (Silo)
Ravalgaon Brand Elevators
b) Sugar Factory Equipment:
Gear Molasses Pumps
Rotary Molasses Pumps
Rotary Magma / Massecuite Pumps
Chokeless Pumps
Rapi Pol Extractor
c) Industrial Storage Solutions:
Adjustable Storage System
Drive-in / Drive-out Storage Systems
Automatic Storage & Retrieval Systems
Gravity Flow Storage Systems
Cantilever Storage Systems
d) Electronic Bulk-Weighing Machines:
E-Gross Weighing Machine
E-Net Weighing Machin
The company’s product portfolio includes Ravalgaon (sister concern) branded machinery for the sugar industry. Both Acrow and Ravalgaon are former members of The Walchand Group of Industries