Arfin India Ltd

Arfin India Ltd

₹ 44.5 -0.34%
02 Jul - close price
About

Incorporated in 1992, Arfin India Ltd manufactures and trades non-ferrous
metals[1]

Key Points

Business Overview:[1]
AIL is in the business of manufacturing aluminum products which it supplies to the Steel, Automobile, and Power Sector. It is a registered member of the Aluminum Association of India, Bureau of International Recycling, and Metal Recycling Association of India.

  • Market Cap 751 Cr.
  • Current Price 44.5
  • High / Low 62.7 / 30.8
  • Stock P/E 91.3
  • Book Value 6.06
  • Dividend Yield 0.00 %
  • ROCE 13.6 %
  • ROE 8.91 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 7.34 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -4.30%
  • Company has a low return on equity of 11.2% 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
105.65 99.29 132.33 135.61 158.87 146.05 125.90 120.27 151.89 148.70 134.22 115.44 136.80
100.82 94.27 126.15 129.35 152.36 139.59 119.26 113.74 145.07 141.12 127.11 108.19 128.52
Operating Profit 4.83 5.02 6.18 6.26 6.51 6.46 6.64 6.53 6.82 7.58 7.11 7.25 8.28
OPM % 4.57% 5.06% 4.67% 4.62% 4.10% 4.42% 5.27% 5.43% 4.49% 5.10% 5.30% 6.28% 6.05%
0.60 0.05 0.12 0.25 1.09 0.27 0.54 0.22 1.45 0.61 0.71 0.47 0.20
Interest 2.70 2.99 2.94 2.94 3.49 3.05 3.53 3.47 4.34 4.34 4.22 4.66 5.36
Depreciation 0.72 0.82 0.83 0.83 0.84 0.89 0.89 0.89 0.88 0.93 0.96 0.93 1.09
Profit before tax 2.01 1.26 2.53 2.74 3.27 2.79 2.76 2.39 3.05 2.92 2.64 2.13 2.03
Tax % 16.92% 12.70% 6.32% 5.84% 4.28% 1.79% 5.43% 0.42% 15.08% 20.89% 34.09% 7.04% -7.39%
1.67 1.10 2.37 2.58 3.14 2.74 2.61 2.38 2.59 2.32 1.74 1.99 2.18
EPS in Rs 0.11 0.07 0.15 0.16 0.20 0.17 0.16 0.15 0.16 0.15 0.11 0.13 0.14
Raw PDF

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
186 213 250 286 363 466 413 359 303 526 544 535
181 207 238 271 336 421 390 364 287 502 518 505
Operating Profit 5 6 12 15 27 45 23 -6 16 24 26 30
OPM % 3% 3% 5% 5% 8% 10% 6% -2% 5% 5% 5% 6%
1 0 1 1 0 1 0 2 2 2 2 2
Interest 1 2 5 5 6 10 12 14 11 12 14 19
Depreciation 0 0 1 1 1 2 2 3 3 3 4 4
Profit before tax 4 4 7 10 20 34 10 -21 5 10 11 10
Tax % 30% 34% 34% 34% 36% 36% 34% -5% 12% 6% 6% 15%
3 3 5 7 13 22 7 -22 4 9 10 8
EPS in Rs 0.28 0.24 0.43 0.61 0.89 1.37 0.41 -1.36 0.25 0.58 0.65 0.52
Dividend Payout % 0% 0% 6% 7% 6% 12% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 5%
3 Years: 21%
TTM: -2%
Compounded Profit Growth
10 Years: 12%
5 Years: 4%
3 Years: 39%
TTM: -20%
Stock Price CAGR
10 Years: %
5 Years: 37%
3 Years: 85%
1 Year: 40%
Return on Equity
10 Years: 10%
5 Years: 2%
3 Years: 11%
Last Year: 9%

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 2 3 3 3 4 13 16 16 16 16 16 16
Reserves 4 10 15 21 51 69 70 49 52 62 72 80
26 34 34 44 62 95 114 109 109 112 112 120
22 28 38 51 44 35 24 25 53 58 67 69
Total Liabilities 54 75 90 119 160 213 224 199 230 247 267 285
8 9 12 14 21 30 38 46 61 62 65 66
CWIP 0 0 2 4 0 10 17 13 0 0 1 0
Investments 0 0 0 0 4 4 5 5 0 0 0 0
46 66 76 101 135 168 164 135 168 185 201 220
Total Assets 54 75 90 119 160 213 224 199 230 247 267 285

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
-14 -12 6 -2 -22 -10 13 23 11 11 29 5
-2 -1 -5 -4 -7 -20 -17 -6 0 -3 -8 -4
20 12 1 6 29 30 4 -18 -12 -8 -14 -8
Net Cash Flow 4 -2 2 0 0 -0 -0 0 -0 0 7 -7

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 55 60 34 42 59 59 44 32 51 51 38 36
Inventory Days 30 58 75 95 92 79 114 121 165 83 88 122
Days Payable 50 58 60 71 46 21 21 23 71 43 49 54
Cash Conversion Cycle 35 61 48 66 105 117 138 129 145 91 77 104
Working Capital Days 38 60 50 58 88 101 120 109 140 89 84 102
ROCE % 24% 15% 24% 25% 29% 30% 12% -4% 8% 12% 13%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024
74.11% 74.11% 74.11% 74.11% 74.11% 74.11% 74.11% 74.11% 74.11% 74.09% 74.09% 69.79%
1.78% 1.78% 1.78% 1.90% 0.00% 0.00% 0.00% 0.00% 0.95% 2.56% 2.56% 2.41%
0.00% 0.00% 0.04% 0.04% 0.04% 0.04% 0.04% 0.08% 0.08% 0.08% 0.08% 0.07%
24.11% 24.11% 24.07% 23.95% 25.85% 25.85% 25.86% 25.80% 24.86% 23.27% 23.26% 27.73%
No. of Shareholders 2,0262,5792,3702,3473,9535,3825,2135,1555,4005,6336,2816,418

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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