Patels Airtemp (India) Ltd

Patels Airtemp Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Patels Airtemp (India) Ltd

₹ 678 -1.94%
02 Aug - close price
patelairtemp.com BSE: 517417
About

Incorporated in 1972, Patels Airtemp India
Ltd manufactures and sells extensive range
of Heat Exchangers, other related equipment and undertakes Turnkey HVAC Projects[1]

Key Points

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

Website BSE
  • Market Cap ₹ 371 Cr.
  • Current Price ₹ 678
  • High / Low ₹ 790 / 290
  • Stock P/E 25.2
  • Book Value ₹ 261
  • Dividend Yield 0.44 %
  • ROCE 14.4 %
  • ROE 10.8 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 2.60 times its book value
  • Company has a low return on equity of 10.6% over last 3 years.
  • Dividend payout has been low at 8.72% 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
83.13 72.10 48.33 61.37 113.22 80.29 35.38 80.71 64.20 101.19 82.83 85.23 87.27
76.02 64.80 41.86 54.68 105.31 73.06 29.71 72.68 56.67 92.23 75.11 76.76 79.53
Operating Profit 7.11 7.30 6.47 6.69 7.91 7.23 5.67 8.03 7.53 8.96 7.72 8.47 7.74
OPM % 8.55% 10.12% 13.39% 10.90% 6.99% 9.00% 16.03% 9.95% 11.73% 8.85% 9.32% 9.94% 8.87%
0.16 0.17 0.18 0.18 0.16 0.61 0.50 0.29 0.44 0.26 0.26 0.15 0.56
Interest 1.96 2.35 2.35 2.51 1.92 2.24 2.31 3.44 3.59 2.89 2.63 3.12 2.59
Depreciation 0.86 0.88 0.83 0.83 0.83 1.13 1.06 1.05 1.05 0.95 1.03 1.04 1.03
Profit before tax 4.45 4.24 3.47 3.53 5.32 4.47 2.80 3.83 3.33 5.38 4.32 4.46 4.68
Tax % 25.17% 29.25% 25.94% 25.50% 25.75% 28.19% 25.71% 23.50% 29.73% 29.00% 25.93% 25.56% 27.99%
3.33 3.01 2.57 2.63 3.95 3.21 2.07 2.93 2.34 3.82 3.20 3.32 3.37
EPS in Rs 6.57 5.94 5.07 5.19 7.79 6.33 4.08 5.78 4.28 6.98 5.85 6.07 6.16
Raw PDF
Upcoming result date: today

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
151 237 255 303 281 371
134 214 229 275 251 336
Operating Profit 17 23 26 28 30 35
OPM % 12% 10% 10% 9% 11% 9%
1 2 1 1 1 2
Interest 5 7 8 9 12 13
Depreciation 3 3 3 4 4 4
Profit before tax 11 15 15 17 15 20
Tax % 30% 24% 26% 26% 27% 27%
7 11 11 12 11 15
EPS in Rs 14.44 22.31 22.39 24.40 20.42 26.98
Dividend Payout % 17% 11% 11% 11% 15% 0%
Compounded Sales Growth
10 Years: %
5 Years: 20%
3 Years: 13%
TTM: 32%
Compounded Profit Growth
10 Years: %
5 Years: 15%
3 Years: 9%
TTM: 32%
Stock Price CAGR
10 Years: 24%
5 Years: 53%
3 Years: 45%
1 Year: 106%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 11%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 5 5 5 5 5
Reserves 75 84 94 106 124 137
42 45 64 88 95 93
69 126 119 86 136 136
Total Liabilities 191 261 282 284 360 371
22 33 43 47 47 45
CWIP 0 4 1 0 0 0
Investments 0 0 0 0 0 0
169 224 239 237 313 326
Total Assets 191 261 282 284 360 371

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
7 11 8 -13 5 11
-3 -17 -9 -6 -3 -1
6 -6 10 14 3 -17
Net Cash Flow 10 -12 9 -5 5 -7

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 157 141 131 110 144 105
Inventory Days 309 260 258 189 314 253
Days Payable 123 164 147 77 160 110
Cash Conversion Cycle 343 236 242 221 298 248
Working Capital Days 184 134 140 158 200 164
ROCE % 17% 16% 14% 13% 14%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
47.14% 48.17% 48.11% 41.98% 42.22% 46.45% 46.45% 46.45% 46.45% 46.45% 46.45% 46.45%
52.86% 51.83% 51.89% 58.02% 57.77% 53.57% 53.55% 53.55% 53.56% 53.55% 53.55% 53.57%
No. of Shareholders 8,6077,8507,5117,4236,9926,6086,4576,6836,7746,9477,1958,445

Documents

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