Aartech Solonics Ltd

Aartech Solonics Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Aartech Solonics Ltd

₹ 58.9 -3.63%
28 Feb - close price
aartechsolonics.com BSE: 542580 NSE: AARTECH
About

Incorporated in 1982, Aartech Solonics Ltd is a manufacturer of Electrical Machinery and Apparatus N.E.C.

Key Points

Business Overview[1]
Aartech Solonics, established in 1982, specializes in advanced energy applications with a focus on R&D-driven products like Bus Transfer Systems, Control Relay Panels, and Ultracapacitors. Serving 15 industries across 20 countries, the company balances product and project revenues, emphasizing innovation, sustainability, and defense modernization.

Website BSE NSE - BE
  • Market Cap ₹ 190 Cr.
  • Current Price ₹ 58.9
  • High / Low ₹ 106 / 48.3
  • Stock P/E 47.5
  • Book Value ₹ 9.92
  • Dividend Yield 0.42 %
  • ROCE 4.81 %
  • ROE 1.64 %
  • Face Value ₹ 5.00
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Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 148 to 106 days.
  • Company's working capital requirements have reduced from 177 days to 131 days

Cons

  • Stock is trading at 5.94 times its book value
  • Company has a low return on equity of 4.21% over last 3 years.
  • Earnings include an other income of Rs.3.97 Cr.

* 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: Capital Goods - Electrical Equipment Industry: Electric Equipment

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
10.01 4.95 3.90 2.83 6.38 9.05 7.34 9.98 6.61 9.41 9.78
9.25 6.52 3.41 3.26 6.01 8.99 7.81 9.46 6.92 8.41 8.69
Operating Profit 0.76 -1.57 0.49 -0.43 0.37 0.06 -0.47 0.52 -0.31 1.00 1.09
OPM % 7.59% -31.72% 12.56% -15.19% 5.80% 0.66% -6.40% 5.21% -4.69% 10.63% 11.15%
0.56 0.31 0.84 0.15 0.80 0.63 1.44 0.28 2.08 0.98 0.63
Interest 0.08 0.20 0.18 0.04 0.14 0.13 0.14 0.16 0.13 0.18 0.13
Depreciation 0.39 0.43 0.05 0.01 0.01 0.11 0.12 0.14 0.12 0.14 0.13
Profit before tax 0.85 -1.89 1.10 -0.33 1.02 0.45 0.71 0.50 1.52 1.66 1.46
Tax % 41.18% 8.99% 12.73% -3.03% 27.45% 0.00% 18.31% 176.00% 30.92% 9.64% -26.03%
0.50 -2.06 0.95 -0.31 0.73 0.45 0.59 -0.38 1.04 1.51 1.84
EPS in Rs 0.17 -0.64 0.30 -0.10 0.23 0.14 0.19 -0.13 0.33 0.48 0.58
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
9.79 14.04 10.10 10.96 16.34 21.69 32.74 35.78
9.65 13.71 10.12 10.46 13.81 20.40 32.26 33.48
Operating Profit 0.14 0.33 -0.02 0.50 2.53 1.29 0.48 2.30
OPM % 1.43% 2.35% -0.20% 4.56% 15.48% 5.95% 1.47% 6.43%
1.22 1.09 0.49 0.58 1.45 1.47 3.14 3.97
Interest 0.08 0.19 0.21 0.24 0.21 0.28 0.57 0.60
Depreciation 0.32 0.27 0.30 0.38 0.34 0.44 0.47 0.53
Profit before tax 0.96 0.96 -0.04 0.46 3.43 2.04 2.58 5.14
Tax % 20.83% 45.83% 400.00% 45.65% 18.08% 30.39% 49.22%
0.76 0.51 -0.19 0.26 2.80 1.42 1.32 4.01
EPS in Rs 0.34 0.16 -0.06 0.08 0.88 0.45 0.42 1.26
Dividend Payout % 0.00% 0.00% 0.00% 135.77% 18.91% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 18%
3 Years: 44%
TTM: 40%
Compounded Profit Growth
10 Years: %
5 Years: 8%
3 Years: 188%
TTM: 175%
Stock Price CAGR
10 Years: %
5 Years: 48%
3 Years: 62%
1 Year: 13%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 4%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4.94 7.06 7.06 7.06 10.59 10.59 10.59 15.89
Reserves 12.56 18.19 17.66 17.94 16.79 18.28 18.94 15.63
-0.01 1.10 2.36 1.11 0.65 2.69 4.15 4.25
2.26 1.97 2.80 2.55 4.02 5.11 7.28 8.19
Total Liabilities 19.75 28.32 29.88 28.66 32.05 36.67 40.96 43.96
4.68 5.06 5.27 5.01 5.10 4.91 5.07 4.85
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 4.41 6.42 8.47 6.62 8.13 10.60 14.00 16.32
10.66 16.84 16.14 17.03 18.82 21.16 21.89 22.79
Total Assets 19.75 28.32 29.88 28.66 32.05 36.67 40.96 43.96

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.04 -1.40 1.26 -1.61 1.66 -4.82 1.49
-1.14 -6.06 -3.83 2.28 -1.27 3.84 -0.93
2.28 8.30 -0.48 -0.39 -0.23 1.17 0.40
Net Cash Flow 1.18 0.85 -3.04 0.28 0.16 0.19 0.97

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 128.63 132.07 168.04 212.81 160.39 177.70 105.69
Inventory Days 275.16 104.76 194.22 138.23 121.23 147.32 131.77
Days Payable 33.95 38.77 118.54 89.18 96.63 118.03 93.63
Cash Conversion Cycle 369.84 198.05 243.72 261.85 184.98 207.00 143.82
Working Capital Days 225.19 186.92 251.52 259.76 173.12 227.51 130.99
ROCE % 3.74% -0.26% 1.06% 8.47% 7.45% 4.81%

Shareholding Pattern

Numbers in percentages

20 Recently
Sep 2021Mar 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
52.38% 52.38% 52.38% 52.38% 52.68% 52.68% 52.68% 52.68% 52.68% 52.68% 52.68% 52.72%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.01% 0.00% 0.02% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.39% 1.39% 1.39% 1.39%
47.62% 47.62% 47.63% 47.62% 47.33% 47.32% 47.30% 47.32% 45.92% 45.93% 45.91% 45.88%
No. of Shareholders 1241211402262382703,5524,2274,7345,66211,25113,082

* 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.

Documents

Announcements

Annual reports

Concalls

  • Nov 2024
    Transcript
    Notes
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