Amic Forging Ltd
Incorporated in 2007, AMIC Forging Limited manufactures forged components catering to various industries.[1]
- Market Cap ₹ 1,417 Cr.
- Current Price ₹ 1,256
- High / Low ₹ 1,809 / 239
- Stock P/E 116
- Book Value ₹ 61.6
- Dividend Yield 0.00 %
- ROCE 36.3 %
- ROE 28.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.1%
Cons
- Stock is trading at 20.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
| Sep 2023 | Mar 2024 | |
|---|---|---|
| 52 | 75 | |
| 42 | 68 | |
| Operating Profit | 10 | 7 |
| OPM % | 19% | 9% |
| 0 | 3 | |
| Interest | 0 | 0 |
| Depreciation | 0 | 0 |
| Profit before tax | 10 | 9 |
| Tax % | 26% | 26% |
| 7 | 7 | |
| EPS in Rs | 9.22 | 6.41 |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 13 | 26 | 71 | 116 | 126 | |
| 12 | 25 | 69 | 102 | 109 | |
| Operating Profit | 1 | 2 | 2 | 14 | 16 |
| OPM % | 8% | 6% | 3% | 12% | 13% |
| 0 | 0 | 0 | 1 | 3 | |
| Interest | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 1 | 13 | 19 |
| Tax % | 21% | 18% | 24% | 26% | 26% |
| 0 | 1 | 1 | 10 | 14 | |
| EPS in Rs | 7.24 | 9.29 | 13.93 | 112.52 | 13.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 68% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 165% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| Last Year: | 29% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.59 | 0.71 | 0.71 | 0.86 | 10 |
| Reserves | 4 | 6 | 7 | 19 | 54 |
| 2 | 4 | 11 | 5 | 4 | |
| 2 | 5 | 13 | 37 | 24 | |
| Total Liabilities | 9 | 16 | 32 | 62 | 92 |
| 4 | 4 | 5 | 8 | 12 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 2 | 2 | 8 | 19 |
| 4 | 11 | 24 | 47 | 62 | |
| Total Assets | 9 | 16 | 32 | 62 | 92 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -0 | -2 | 6 | 18 | -8 | |
| -1 | -2 | -12 | -13 | -10 | |
| 1 | 4 | 6 | -4 | 29 | |
| Net Cash Flow | 0 | 0 | 0 | 1 | 11 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 83 | 125 | 71 | 69 | 85 |
| Inventory Days | 30 | 16 | 1 | 27 | 1 |
| Days Payable | 69 | 73 | 74 | 120 | 63 |
| Cash Conversion Cycle | 44 | 68 | -2 | -25 | 23 |
| Working Capital Days | 48 | 73 | 7 | -20 | 37 |
| ROCE % | 13% | 13% | 64% | 36% |
Documents
Announcements
-
Board Meeting Intimation for To Consider And Approve The Un-Audited Financial Result For The Half Year Ended On September 30, 2024
4 Nov - Board meeting scheduled for financial results approval.
-
GENERAL UPDATE
21 Oct - Construction of manufacturing unit for springs commenced.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 17Th October, 2024
17 Oct - Allotment of 8,00,000 convertible warrants on preferential basis.
-
Announcement under Regulation 30 (LODR)-Allotment
17 Oct - Allotment of 8,00,000 convertible warrants on preferential basis.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Oct - Compliance certificate under SEBI regulations submitted.
Product Portfolio[1] The company manufactures precision machined components such as Rounds, Shafts, Blanks, and complete finished engineering, spare parts e.g. Gear coupling, Hub, Round, Flange, and other engineering spares as per customer specifications and International Standards like AISI, BS, IS, DIN, etc,
These products are manufactured in carbon steel, alloy steel, stainless steel, Nickel, and Tools Alloys.