Associated Coaters Ltd

Associated Coaters Ltd

₹ 173 -1.59%
22 Nov - close price
About

Incorporated in 2017, Associated
Coaters Ltd is in business of metal
coating[1]

Key Points

Business Overview:[1]
ACL provides pre-treatment and powder coating of aluminium extrusions in Architect and Real Estate Industry. The process begins with a comprehensive cleaning, where the targeted surface of aluminium extrusions is thoroughly cleansed of any dirt, grease, or contaminants that might impede the subsequent coating process. Following this, a strategic chemical solution is applied to enhance the adhesion of the powder coating. This involves application of an acidic solution for surface etching or usage of a specialized pretreatment agent to optimize surface wettability.

  • Market Cap 23.4 Cr.
  • Current Price 173
  • High / Low 373 / 122
  • Stock P/E 23.2
  • Book Value 45.2
  • Dividend Yield 0.00 %
  • ROCE 170 %
  • ROE 144 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 139%
  • Debtor days have improved from 204 to 102 days.

Cons

  • 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: Miscellaneous Industry: Miscellaneous

Part of BSE SME IPO

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Half Yearly Results

Figures in Rs. Crores

Sep 2024
2.21
1.62
Operating Profit 0.59
OPM % 26.70%
0.01
Interest 0.01
Depreciation 0.07
Profit before tax 0.52
Tax % 21.15%
0.40
EPS in Rs 2.96
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 1.39 3.59 5.38
0.00 1.17 2.77 3.87
Operating Profit 0.00 0.22 0.82 1.51
OPM % 15.83% 22.84% 28.07%
0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.01 0.01
Depreciation 0.00 0.04 0.08 0.15
Profit before tax 0.00 0.18 0.73 1.35
Tax % 27.78% 26.03% 25.19%
0.00 0.14 0.54 1.01
EPS in Rs 0.00 46.67 180.00 10.86
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 50%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 87%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 139%
Last Year: 144%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Sep 2024
Equity Capital 0.03 0.03 0.03 1.35
Reserves -0.01 0.13 0.67 4.76
0.00 0.10 0.10 0.10
0.01 1.76 2.16 2.68
Total Liabilities 0.03 2.02 2.96 8.89
0.00 0.52 0.48 0.85
CWIP 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00
0.03 1.50 2.48 8.04
Total Assets 0.03 2.02 2.96 8.89

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 0.52 0.63 0.80
0.00 -0.56 -0.03 -0.54
0.00 0.10 -0.01 -0.37
Net Cash Flow 0.00 0.05 0.59 -0.11

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 357.12 153.52
Inventory Days 10.53 6.16
Days Payable 343.94 157.09
Cash Conversion Cycle 23.71 2.60
Working Capital Days -86.65 -34.57
ROCE % 128.57% 139.62%

Shareholding Pattern

Numbers in percentages

135 Recently
Jun 2024Sep 2024
68.79% 68.79%
31.21% 31.22%
No. of Shareholders 365113

Documents