Airo Lam Ltd
Incorporated in 2008, Airolam Ltd is in
the business of production, processing
and marketing of decorative laminate
and plywood[1]
- Market Cap ₹ 209 Cr.
- Current Price ₹ 139
- High / Low ₹ 197 / 85.6
- Stock P/E 26.6
- Book Value ₹ 47.0
- Dividend Yield 0.00 %
- ROCE 12.7 %
- ROE 11.7 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.96 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.2% 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.
Peer comparison
Sector: Plywood Boards/Laminates Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 105 | 133 | 168 | 198 | 206 | |
| 97 | 121 | 153 | 181 | 187 | |
| Operating Profit | 9 | 12 | 15 | 17 | 19 |
| OPM % | 8% | 9% | 9% | 8% | 9% |
| 1 | 1 | 0 | 1 | 1 | |
| Interest | 2 | 2 | 3 | 4 | 5 |
| Depreciation | 2 | 2 | 3 | 3 | 4 |
| Profit before tax | 6 | 8 | 9 | 10 | 12 |
| Tax % | 25% | 29% | 29% | 24% | 32% |
| 5 | 5 | 6 | 7 | 8 | |
| EPS in Rs | 3.19 | 3.64 | 4.33 | 4.93 | 5.23 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| TTM: | 6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 59% |
| 1 Year: | 56% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 |
| Reserves | 29 | 35 | 41 | 49 | 55 |
| 34 | 38 | 51 | 51 | 79 | |
| 29 | 42 | 53 | 48 | 42 | |
| Total Liabilities | 107 | 130 | 159 | 162 | 192 |
| 11 | 38 | 37 | 36 | 45 | |
| CWIP | 15 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1 | 0 |
| 82 | 92 | 122 | 126 | 147 | |
| Total Assets | 107 | 130 | 159 | 162 | 192 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 4 | 20 | -6 | 9 | -1 | |
| -14 | -14 | -4 | -5 | -13 | |
| 9 | -2 | 9 | -4 | 11 | |
| Net Cash Flow | -1 | 4 | -1 | -0 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 146 | 114 | 113 | 91 | 97 |
| Inventory Days | 181 | 165 | 194 | 175 | 212 |
| Days Payable | 115 | 132 | 129 | 84 | 79 |
| Cash Conversion Cycle | 212 | 146 | 178 | 182 | 231 |
| Working Capital Days | 178 | 130 | 149 | 143 | 190 |
| ROCE % | 12% | 13% | 13% |
Documents
Announcements
-
Financial Result Updates
29 May 2024 - Airo Lam limited has submitted to the Exchange, the financial results for the period ended March 31, 2024.
-
Disclosure under SEBI Takeover Regulations
29 May 2024 - Airo Lam limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
-
Copy of Newspaper Publication
28 May 2024 - Airo Lam limited has informed about Copy of Newspaper Publication
-
Related Party Transactions
27 May 2024 - Airo Lam limited has informed about related Party Transactions
-
Outcome of Board Meeting
27 May 2024 - Airo Lam limited has informed regarding Board meeting held on May 27, 2024.
Product Profile:
a) Laminates:[1][2]
Decorative Laminates, Decorative
Post forming Laminates, I Lam, I Lite,
Color Code Laminates
b) Specialty Laminates:[3]
Anti Finger Print Laminates, Dura Gloss
Pro Laminates, Chalk Grade Laminates,
Marker Grade Laminates, Synchronized
Laminates Mettalic Laminates, Flicker
Laminates, Color Core Laminates,
Digital Laminates
c) Performance Laminates:[4]
Electrostatic Dissipative Laminates, Fire Retardant Laminates, Chemical Resistant Laminates, Magnetic Laminates.
d) Compact Laminates:[5]
Exterior Wall Cladding Laminates, Interior Wall Cladding Laminates, Restroom and cubicle laminates
e) Plywood:[6]
Airoply Plywoods, Airoply Block
boards, Airoply Flushdoor
f) Panel:[7]
Gloss Acrylic Panels, Matte Acrylic
Panels
g) Luce:[8]
Luxury Matt Finish