Arrowhead Seperation Engineering Ltd
Incorporated in 1991, Arrowhead Seperation Engineering Limited is engaged in the manufacturing, trading, and exporting of various types of dryers.[1]
- Market Cap ₹ 29.9 Cr.
- Current Price ₹ 160
- High / Low ₹ 255 / 122
- Stock P/E 14.7
- Book Value ₹ 86.4
- Dividend Yield 0.00 %
- ROCE 33.4 %
- ROE 82.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 79.6%
- Debtor days have improved from 167 to 133 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 35.1%
- 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: Engineering Industry: Engineering
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
16.35 | 18.05 | 9.12 | 10.87 | 21.50 | 24.76 | |
15.52 | 17.21 | 9.51 | 9.80 | 18.28 | 21.33 | |
Operating Profit | 0.83 | 0.84 | -0.39 | 1.07 | 3.22 | 3.43 |
OPM % | 5.08% | 4.65% | -4.28% | 9.84% | 14.98% | 13.85% |
0.04 | 0.07 | 0.04 | 0.05 | 0.21 | 0.13 | |
Interest | 0.61 | 0.80 | 0.82 | 0.93 | 1.55 | 0.79 |
Depreciation | 0.06 | 0.08 | 0.06 | 0.06 | 0.04 | 0.02 |
Profit before tax | 0.20 | 0.03 | -1.23 | 0.13 | 1.84 | 2.75 |
Tax % | 50.00% | 0.00% | -45.53% | 30.77% | 8.15% | 26.18% |
0.10 | 0.03 | -1.79 | 0.09 | 1.69 | 2.04 | |
EPS in Rs | 12.87 | 10.90 | ||||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 40% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 83% |
3 Years: | 46% |
TTM: | 21% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 80% |
Last Year: | 83% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 0.81 | 0.81 | 0.81 | 0.81 | 1.31 | 1.87 |
Reserves | 2.21 | 2.24 | -0.13 | -0.04 | 1.15 | 14.30 |
4.85 | 5.09 | 6.01 | 6.99 | 8.13 | 1.80 | |
11.47 | 7.70 | 8.98 | 10.56 | 10.12 | 6.82 | |
Total Liabilities | 19.34 | 15.84 | 15.67 | 18.32 | 20.71 | 24.79 |
0.52 | 0.44 | 0.38 | 0.33 | 0.29 | 0.29 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
18.82 | 15.40 | 15.29 | 17.99 | 20.42 | 24.50 | |
Total Assets | 19.34 | 15.84 | 15.67 | 18.32 | 20.71 | 24.79 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-0.97 | 0.57 | -2.27 | ||||
-0.02 | 0.00 | -0.02 | ||||
0.14 | -0.27 | 4.59 | ||||
Net Cash Flow | -0.84 | 0.30 | 2.30 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 191.09 | 140.14 | 259.74 | 216.58 | 152.79 | |
Inventory Days | 385.64 | 258.87 | 544.51 | 840.85 | 286.04 | |
Days Payable | 145.50 | 100.72 | 262.42 | 258.65 | 127.77 | |
Cash Conversion Cycle | 431.24 | 298.29 | 541.83 | 798.78 | 311.06 | |
Working Capital Days | 151.58 | 173.70 | 226.12 | 259.23 | 178.93 | |
ROCE % | 10.37% | -5.53% | 14.67% | 36.95% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
13 Jun - Announcement under Regulation 30 (LODR) - Award of order / Receipt of order.
- Board Meeting Outcome for Revised Outcome Of Board Meeting Held On May 22Nd, 2024. 23 May
- Disclosure Under Regulation 32 Of The SEBI (LODR) Regulations, 2015. 22 May
-
Announcement under Regulation 30 (LODR)-Change in Management
22 May - Announcement under Regulation 30 (LODR) - Intimation for Appointment of Internal Auditor.
- Results For The Financials Year Ended 31St March 2024 22 May
Annual reports
No data available.
Business Profile[1] ASEL has been in the dryer manufacturing business for 2+ decades and specializes in manufacturing and designing chemical process Equipment with specialization in continuous drying and cooling system equipment