Porwal Auto Components Ltd
Incorporated in 1992, Porwal Auto Components Ltd manufactures Ductile Iron, Grey Cast Iron Steel, and Steel Alloy Casting Components and Subassemblies[1]
- Market Cap ₹ 117 Cr.
- Current Price ₹ 77.7
- High / Low ₹ 83.9 / 22.7
- Stock P/E 32.7
- Book Value ₹ 41.6
- Dividend Yield 0.00 %
- ROCE 10.0 %
- ROE 5.90 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company's working capital requirements have reduced from 28.8 days to 22.2 days
Cons
- Promoter holding is low: 37.2%
- Company has a low return on equity of 0.71% over last 3 years.
- Company's cost of borrowing seems high
* 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: Castings, Forgings & Fastners Industry: Castings & Forgings
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
72 | 46 | 71 | 79 | 88 | 110 | 121 | 79 | 70 | 107 | 141 | 146 | |
66 | 42 | 64 | 70 | 78 | 98 | 107 | 71 | 62 | 102 | 133 | 134 | |
Operating Profit | 6 | 4 | 8 | 9 | 10 | 12 | 14 | 8 | 8 | 5 | 8 | 12 |
OPM % | 8% | 8% | 11% | 11% | 11% | 11% | 11% | 10% | 11% | 5% | 5% | 8% |
1 | 0 | 0 | 0 | 0 | 1 | -0 | -0 | 1 | 1 | 0 | 1 | |
Interest | 1 | 1 | 2 | 2 | 1 | 2 | 3 | 2 | 2 | 2 | 3 | 2 |
Depreciation | 4 | 4 | 4 | 4 | 4 | 5 | 6 | 6 | 6 | 7 | 6 | 6 |
Profit before tax | 1 | -1 | 2 | 3 | 4 | 6 | 5 | -0 | 1 | -3 | -1 | 5 |
Tax % | 36% | 29% | 35% | 28% | 54% | 21% | 34% | 242% | 11% | 95% | 0% | 17% |
1 | -1 | 1 | 2 | 2 | 5 | 3 | 1 | 1 | -0 | -1 | 4 | |
EPS in Rs | 0.51 | -0.40 | 0.74 | 1.48 | 1.38 | 3.34 | 2.26 | 0.37 | 0.62 | -0.11 | -0.68 | 2.55 |
Dividend Payout % | 0% | 0% | 0% | 20% | 36% | 22% | 33% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 4% |
3 Years: | 28% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 1% |
3 Years: | 611% |
TTM: | 439% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 28% |
3 Years: | 44% |
1 Year: | 210% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 6% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 34 | 34 | 35 | 37 | 38 | 42 | 44 | 44 | 45 | 45 | 44 | 48 |
8 | 14 | 13 | 8 | 8 | 19 | 14 | 13 | 14 | 15 | 6 | 6 | |
9 | 6 | 8 | 8 | 12 | 17 | 14 | 8 | 10 | 9 | 11 | 16 | |
Total Liabilities | 67 | 68 | 71 | 68 | 73 | 93 | 86 | 81 | 85 | 84 | 76 | 84 |
27 | 36 | 35 | 35 | 37 | 49 | 51 | 46 | 44 | 47 | 44 | 41 | |
CWIP | 0 | 1 | 1 | 2 | 2 | 2 | 0 | 3 | 7 | 0 | 0 | 0 |
Investments | 0 | 2 | 2 | 4 | 4 | 6 | 8 | 9 | 9 | 9 | 10 | 15 |
40 | 30 | 33 | 29 | 29 | 36 | 27 | 23 | 26 | 28 | 23 | 29 | |
Total Assets | 67 | 68 | 71 | 68 | 73 | 93 | 86 | 81 | 85 | 84 | 76 | 84 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 2 | 5 | 3 | 9 | 10 | 9 | 8 | 4 | 7 | 5 | 9 | |
-5 | -15 | -6 | -2 | -7 | -15 | -4 | -6 | -5 | -6 | -3 | -9 | |
1 | 7 | -1 | -1 | -2 | 5 | -5 | -2 | 0 | -0 | -2 | 0 | |
Net Cash Flow | 1 | -7 | -2 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | 0 |
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 | 24 | 26 | 31 | 28 | 39 | 44 | 27 | 37 | 59 | 37 | 16 | 25 |
Inventory Days | 119 | 190 | 98 | 73 | 58 | 70 | 62 | 69 | 115 | 82 | 54 | 64 |
Days Payable | 14 | 22 | 29 | 23 | 28 | 49 | 24 | 32 | 46 | 40 | 29 | 15 |
Cash Conversion Cycle | 129 | 194 | 100 | 78 | 69 | 66 | 65 | 74 | 128 | 79 | 41 | 74 |
Working Capital Days | 59 | 90 | 59 | 46 | 33 | 34 | 28 | 44 | 59 | 44 | 20 | 22 |
ROCE % | 4% | -0% | 5% | 8% | 9% | 11% | 10% | 3% | 2% | -3% | 2% |
Documents
Announcements
- Closure of Trading Window 26 Jun
-
REPLY TO BSE FOR CLARIFICATION SOUGHT ON SIGNIFICANT MOVEMENT IN PRICE
14 Jun - In reference to clarification sought from the Company on June 12, 2024 in relation to movement in price of the securities of the Company.
-
Clarification sought from Porwal Auto Components Ltd
13 Jun - Exchange has sought clarification from Porwal Auto Components Ltd on June 12, 2024 with reference to significant movement in price, in order to ensure that …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Circular CIR/CFD/ CMD1/27/2019 dated February 08, 2019 read with BSE Notice No. 20230316-14 dated March 16, 2023 and Notice No. 20230410-41 dated 10th April, 2023; …
Annual reports
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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 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
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Financial Year 2008
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Business Overview:[1]
PACL is a diversified auto-components company with presence across many processes/ product lines and customers and is involved in manufacturing and marketing of S.G. (Ductile) Iron, Grey Cast Iron and Steel Castings and Components for the Automobile, Engineering, Pumps and Valves, Agriculture and Tractor Equipment, Railway Applications, etc. Company recently developed a new project called lost foam process