Patels Airtemp (India) Ltd
Incorporated in 1972, Patels Airtemp India
Ltd manufactures and sells extensive range
of Heat Exchangers, other related equipment and undertakes Turnkey HVAC Projects[1]
- Market Cap ₹ 323 Cr.
- Current Price ₹ 591
- High / Low ₹ 900 / 341
- Stock P/E 19.7
- Book Value ₹ 273
- Dividend Yield 0.51 %
- ROCE 14.4 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 10.6% over last 3 years.
- Contingent liabilities of Rs.123 Cr.
- Dividend payout has been low at 12.4% of profits 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: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
91 | 71 | 113 | 127 | 136 | 158 | 151 | 237 | 255 | 303 | 281 | 371 | 398 | |
79 | 61 | 98 | 112 | 119 | 138 | 134 | 214 | 229 | 275 | 251 | 336 | 361 | |
Operating Profit | 11 | 10 | 14 | 15 | 17 | 20 | 17 | 23 | 26 | 28 | 30 | 35 | 37 |
OPM % | 13% | 14% | 13% | 12% | 13% | 12% | 12% | 10% | 10% | 9% | 11% | 9% | 9% |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | |
Interest | 3 | 1 | 3 | 2 | 3 | 5 | 5 | 7 | 8 | 9 | 12 | 13 | 13 |
Depreciation | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 |
Profit before tax | 7 | 7 | 10 | 11 | 12 | 13 | 11 | 15 | 15 | 17 | 15 | 20 | 22 |
Tax % | 33% | 35% | 36% | 36% | 35% | 32% | 30% | 24% | 26% | 26% | 27% | 27% | |
5 | 5 | 6 | 7 | 8 | 9 | 7 | 11 | 11 | 12 | 11 | 15 | 16 | |
EPS in Rs | 9.76 | 9.19 | 12.23 | 14.10 | 15.60 | 16.98 | 14.44 | 22.31 | 22.43 | 24.46 | 20.46 | 26.85 | 29.95 |
Dividend Payout % | 20% | 22% | 18% | 16% | 16% | 15% | 17% | 11% | 11% | 11% | 15% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 20% |
3 Years: | 13% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 15% |
3 Years: | 9% |
TTM: | 29% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 41% |
3 Years: | 43% |
1 Year: | 46% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 11% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 41 | 44 | 48 | 54 | 62 | 69 | 75 | 84 | 94 | 106 | 124 | 137 | 144 |
14 | 15 | 25 | 10 | 24 | 30 | 42 | 45 | 64 | 88 | 95 | 93 | 95 | |
16 | 21 | 25 | 27 | 38 | 44 | 69 | 126 | 119 | 86 | 136 | 136 | 91 | |
Total Liabilities | 76 | 85 | 104 | 97 | 128 | 148 | 191 | 261 | 282 | 284 | 360 | 371 | 335 |
20 | 22 | 23 | 23 | 23 | 21 | 22 | 33 | 43 | 47 | 47 | 45 | 44 | |
CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 4 | 1 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
57 | 62 | 81 | 74 | 105 | 127 | 169 | 224 | 239 | 237 | 313 | 326 | 291 | |
Total Assets | 76 | 85 | 104 | 97 | 128 | 148 | 191 | 261 | 282 | 284 | 360 | 371 | 335 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 12 | -0 | 8 | -3 | -5 | 7 | 11 | 8 | -13 | 5 | 11 | |
-1 | -6 | -1 | -6 | -1 | -1 | -3 | -17 | -9 | -6 | -3 | -1 | |
-6 | -2 | 7 | -18 | 11 | 2 | 6 | -6 | 10 | 14 | 3 | -17 | |
Net Cash Flow | 6 | 4 | 6 | -16 | 6 | -4 | 10 | -12 | 9 | -5 | 5 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 76 | 67 | 74 | 101 | 152 | 144 | 157 | 141 | 131 | 110 | 144 | 105 |
Inventory Days | 135 | 229 | 154 | 117 | 150 | 224 | 309 | 260 | 258 | 189 | 314 | 253 |
Days Payable | 68 | 136 | 80 | 62 | 100 | 138 | 123 | 164 | 147 | 77 | 160 | 110 |
Cash Conversion Cycle | 144 | 160 | 148 | 157 | 202 | 230 | 343 | 236 | 242 | 221 | 298 | 248 |
Working Capital Days | 105 | 112 | 106 | 101 | 150 | 174 | 184 | 134 | 140 | 158 | 200 | 164 |
ROCE % | 17% | 14% | 17% | 17% | 19% | 18% | 14% | 17% | 16% | 14% | 13% | 14% |
Documents
Announcements
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Levy Of Settlement Charges
7 Nov - Payment of settlement charges to SEBI.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Oct - News paper Publication of Unaudited Standalone Financial Results for the Quarter and Half-year ended 30th September, 2024
- Unaudited Financial Results For The Quarter And Half-Year Ended On 30Th September, 2024 28 Oct
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 28Th October, 2024
28 Oct - Approval of Q2 financial results for 2024.
-
Board Meeting Intimation for Unaudited Standalone Financial Results For The Quarter And Half-Year Ended On 30Th September, 2024.
18 Oct - Board meeting to approve Q2 financial results.
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
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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
from bse
Business Overview:[1]
PAIL is in the business of design and fabrication of process equipment and engineering goods. It manufactures capital goods equipment and executes turnkey heating, ventilation and air conditioning (HVAC) projects