Aerpace Industries Ltd
Incorporated in 2011, Supremex Shine Steels Ltd is in the business of trading of steels and acting as advisor and consultant to steel industry.
The Company has changed its name for better expansion and exploration of business activities and the whole
object of the company has also changed from steel to infrastructure. The company has changed its name from
SUPREMEX SHINE STEELS LIMITED to AERPACE INDUSTRIES LIMITED. The Company received Certificate of
Incorporation pursuant to change of name from ROC Mumbai on 20th April 2023.{#https://www.bseindia.com/xml-data/corpfiling/AttachLive/e8c07ca2-8e12-4564-b2d9-566221320224.pdf # page=34 #}
New Website:
https://www.aerpace.com/about.html
- Market Cap ₹ 739 Cr.
- Current Price ₹ 49.4
- High / Low ₹ 60.0 / 5.61
- Stock P/E
- Book Value ₹ 2.34
- Dividend Yield 0.00 %
- ROCE -12.7 %
- ROE -15.8 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 21.1 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -4.19%
- The company has delivered a poor sales growth of -21.1% over past five years.
- Company has a low return on equity of -8.43% 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.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.98 | 2.19 | 0.60 | 0.09 | 0.14 | 3.45 | 3.86 | 15.01 | 2.22 | -0.00 | -0.00 | 1.18 | 1.38 | |
| 3.24 | 2.40 | 0.58 | 0.07 | 0.13 | 3.37 | 3.99 | 15.10 | 2.36 | 0.17 | 1.53 | 2.39 | 3.35 | |
| Operating Profit | -0.26 | -0.21 | 0.02 | 0.02 | 0.01 | 0.08 | -0.13 | -0.09 | -0.14 | -0.17 | -1.53 | -1.21 | -1.97 |
| OPM % | -8.72% | -9.59% | 3.33% | 22.22% | 7.14% | 2.32% | -3.37% | -0.60% | -6.31% | -102.54% | -142.75% | ||
| 0.28 | 0.24 | -0.00 | -0.00 | -0.00 | -0.00 | 0.30 | 0.29 | 0.22 | 0.05 | 2.04 | 0.32 | 0.61 | |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.11 | 0.10 | 0.08 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.26 | 0.31 | 0.32 |
| Profit before tax | 0.01 | 0.02 | 0.01 | 0.01 | -0.00 | 0.08 | 0.17 | 0.20 | 0.08 | -0.12 | 0.14 | -1.30 | -1.76 |
| Tax % | -0.00% | -0.00% | -0.00% | -0.00% | 25.00% | 23.53% | 25.00% | 25.00% | -0.00% | 7.14% | -0.00% | ||
| -0.00 | 0.01 | -0.00 | -0.00 | -0.00 | 0.06 | 0.12 | 0.15 | 0.06 | -0.12 | 0.13 | -1.29 | -1.72 | |
| EPS in Rs | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | 0.01 | 0.01 | 0.00 | -0.01 | 0.01 | -0.09 | -0.13 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -21% |
| 3 Years: | -19% |
| TTM: | 134% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -118% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 123% |
| 3 Years: | 146% |
| 1 Year: | 798% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -5% |
| 3 Years: | -8% |
| Last Year: | -16% |
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 | 3.15 | 3.15 | 3.15 | 3.15 | 3.15 | 3.15 | 3.15 | 3.15 | 3.15 | 3.15 | 3.15 | 13.67 | 14.95 |
| Reserves | -0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.08 | 0.20 | 0.35 | 0.41 | 0.29 | 0.42 | -0.88 | 20.08 |
| -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.07 | 1.51 | 1.03 | 0.90 | |
| 0.07 | 0.01 | 0.02 | 0.01 | -0.00 | 2.77 | 1.92 | 5.77 | 0.24 | 0.02 | 0.25 | 1.10 | 0.55 | |
| Total Liabilities | 3.22 | 3.17 | 3.18 | 3.17 | 3.17 | 6.00 | 5.27 | 9.27 | 3.80 | 3.53 | 5.33 | 14.92 | 36.48 |
| -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 1.25 | 0.96 | 2.16 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.96 | 0.60 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 3.30 | -0.00 | -0.00 | 8.00 | 8.00 |
| 3.22 | 3.17 | 3.18 | 3.17 | 3.17 | 6.00 | 5.27 | 9.27 | 0.50 | 3.53 | 4.08 | 5.00 | 25.72 | |
| Total Assets | 3.22 | 3.17 | 3.18 | 3.17 | 3.17 | 6.00 | 5.27 | 9.27 | 3.80 | 3.53 | 5.33 | 14.92 | 36.48 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.44 | -0.17 | 0.05 | -0.00 | 0.02 | 2.58 | -2.85 | 0.12 | 2.86 | -3.38 | -0.28 | -0.81 | |
| 0.22 | 0.23 | -0.00 | -0.00 | -0.00 | -0.00 | 0.16 | 0.29 | -3.08 | 3.35 | 0.33 | -8.65 | |
| -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.17 | 9.73 | |
| Net Cash Flow | -0.22 | 0.06 | 0.05 | -0.00 | 0.02 | 2.58 | -2.69 | 0.40 | -0.22 | -0.03 | -0.12 | 0.27 |
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 | -0.00 | -0.00 | 18.25 | 121.67 | 78.21 | 294.12 | 208.98 | 130.83 | 44.39 | 64.96 | ||
| Inventory Days | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 28.52 | -0.00 | -0.00 | ||||
| Days Payable | 179.65 | |||||||||||
| Cash Conversion Cycle | -0.00 | -0.00 | 18.25 | 121.67 | 78.21 | 294.12 | 57.84 | 130.83 | 44.39 | 64.96 | ||
| Working Capital Days | 373.57 | 501.67 | 1,843.25 | 12,288.33 | 7,873.57 | 52.90 | 314.88 | 74.41 | 8.22 | 1,017.67 | ||
| ROCE % | 0.32% | 0.63% | 0.32% | 0.32% | -0.00% | 2.50% | 5.17% | 5.84% | 2.27% | -3.39% | 5.82% | -12.70% |
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
31 Dec - Details of voting results from Extra Ordinary General Meeting.
- Closure of Trading Window 30 Dec
- Shareholder Meeting / Postal Ballot-Outcome of EGM 28 Dec
-
Revised Business Update
28 Dec - Aerpace Industries secures ₹97.50 crores solar panel order.
-
Business Update
27 Dec - Secured ₹97.50 crores order for solar panels.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
BUSINESS SEGMENT[1]
aerpace - main components (Intellectual Property)
The aerpace project consists of four main components:
1. Superwing
2. Supercar
3. Aerdock
4. The aerVerse