Alicon Castalloy Ltd
Alicon Castalloy manufactures aluminium castings including cylinder heads, support brackets, intake manifolds, crankshafts, and engine brackets for the auto industry. It has a presence in 18 countries and is a part of Alicon Group.
The co. was established as Enkei Castalloy Ltd, a joint venture between Pegasus Castalloy Ltd and Enkei Corporation (now Alicon Castalloy), in Japan; one of the largest manufacturers of alloy wheels in the world. [1] [2] [3]
- Market Cap ₹ 1,540 Cr.
- Current Price ₹ 947
- High / Low ₹ 1,543 / 776
- Stock P/E 27.9
- Book Value ₹ 336
- Dividend Yield 0.79 %
- ROCE 12.7 %
- ROE 9.26 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 29.5%
Cons
- Stock is trading at 2.82 times its book value
- Promoter holding has decreased over last quarter: -1.02%
- Company has a low return on equity of 7.57% 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: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
431 | 441 | 639 | 683 | 711 | 929 | 1,081 | 856 | 732 | 957 | 1,259 | 1,392 | 1,504 | |
381 | 394 | 569 | 609 | 630 | 826 | 942 | 754 | 660 | 867 | 1,118 | 1,222 | 1,311 | |
Operating Profit | 50 | 47 | 70 | 74 | 81 | 103 | 139 | 102 | 72 | 90 | 140 | 171 | 194 |
OPM % | 12% | 11% | 11% | 11% | 11% | 11% | 13% | 12% | 10% | 9% | 11% | 12% | 13% |
4 | 3 | 2 | 3 | 4 | 9 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |
Interest | 10 | 10 | 19 | 22 | 25 | 29 | 34 | 38 | 35 | 29 | 30 | 38 | 40 |
Depreciation | 18 | 18 | 23 | 24 | 25 | 30 | 35 | 41 | 46 | 50 | 61 | 74 | 82 |
Profit before tax | 26 | 22 | 30 | 32 | 34 | 53 | 73 | 25 | -6 | 14 | 52 | 61 | 74 |
Tax % | 19% | 27% | 30% | 31% | 31% | 32% | 31% | 32% | 35% | 33% | 16% | 25% | |
21 | 16 | 21 | 22 | 23 | 36 | 50 | 17 | -7 | 9 | 44 | 46 | 55 | |
EPS in Rs | 19.31 | 14.66 | 18.85 | 17.84 | 19.01 | 27.06 | 36.80 | 12.22 | -5.36 | 5.70 | 27.46 | 28.44 | 34.09 |
Dividend Payout % | 10% | 17% | 16% | 21% | 22% | 23% | 19% | 10% | -0% | 39% | 23% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 5% |
3 Years: | 24% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | -2% |
3 Years: | 101% |
TTM: | 29% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 18% |
3 Years: | 6% |
1 Year: | -2% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 6% |
3 Years: | 8% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 8 |
Reserves | 96 | 109 | 130 | 145 | 161 | 249 | 302 | 309 | 305 | 422 | 462 | 511 | 538 |
83 | 90 | 152 | 168 | 231 | 245 | 285 | 328 | 332 | 241 | 273 | 296 | 312 | |
104 | 119 | 163 | 170 | 161 | 243 | 231 | 197 | 211 | 265 | 273 | 307 | 360 | |
Total Liabilities | 288 | 323 | 450 | 490 | 559 | 744 | 824 | 840 | 855 | 935 | 1,017 | 1,123 | 1,218 |
128 | 131 | 170 | 224 | 252 | 286 | 329 | 362 | 356 | 380 | 400 | 452 | 459 | |
CWIP | 1 | 1 | 25 | 2 | 11 | 5 | 13 | 13 | 18 | 18 | 25 | 22 | 62 |
Investments | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 14 | 14 | 16 |
148 | 180 | 245 | 253 | 286 | 441 | 471 | 455 | 469 | 526 | 578 | 635 | 681 | |
Total Assets | 288 | 323 | 450 | 490 | 559 | 744 | 824 | 840 | 855 | 935 | 1,017 | 1,123 | 1,218 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
29 | 3 | 41 | 64 | 27 | 39 | 91 | 55 | 97 | 77 | 89 | 142 | |
-20 | -15 | -82 | -55 | -57 | -56 | -84 | -59 | -44 | -71 | -88 | -89 | |
-11 | 12 | 42 | -10 | 28 | 17 | -7 | 3 | -46 | -10 | -1 | -56 | |
Net Cash Flow | -2 | -0 | 1 | -0 | -1 | 0 | 0 | -1 | 7 | -4 | -0 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 73 | 92 | 84 | 83 | 86 | 116 | 105 | 127 | 148 | 136 | 115 | 122 |
Inventory Days | 42 | 46 | 55 | 44 | 58 | 64 | 72 | 82 | 120 | 82 | 76 | 61 |
Days Payable | 96 | 113 | 115 | 117 | 118 | 136 | 109 | 109 | 146 | 139 | 102 | 116 |
Cash Conversion Cycle | 19 | 25 | 24 | 10 | 27 | 44 | 68 | 100 | 122 | 79 | 90 | 67 |
Working Capital Days | 11 | 29 | 30 | 25 | 47 | 60 | 71 | 104 | 126 | 100 | 87 | 82 |
ROCE % | 20% | 17% | 20% | 18% | 17% | 18% | 19% | 10% | 5% | 7% | 12% | 13% |
Documents
Announcements
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Board Meeting Intimation for Considering And Apporving Unaudited Financial Result For Quarter And Nine Months'' Period Ended 31St December, 2024.
1d - Board meeting to approve Q3 financial results.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
6 Jan - Approval of two new independent directors via postal ballot.
- Closure of Trading Window 27 Dec
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Market Presence
The company operates one of the largest aluminum foundries in India and is a pioneer in processing Low-Pressure Die Casting (LPDC) and Gravity Die Casting (GDC) and is the leading developer of Pro-Cast and Magma space in India. [1]