Alicon Castalloy Ltd

Alicon Castalloy Ltd

₹ 1,216 0.07%
22 Jul - close price
About

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]

Key Points

Market Presence
The Co. operates one of the largest Aluminum foundries in India. It is one of the leaders in the processing of Low Pressure Die Casting (LPDC) and Gravity Die Casting (GDC) and in the development of Pro-Cast and Magma space in India. [1]

  • Market Cap 1,976 Cr.
  • Current Price 1,216
  • High / Low 1,399 / 776
  • Stock P/E 43.1
  • Book Value 322
  • Dividend Yield 0.51 %
  • ROCE 12.7 %
  • ROE 9.26 %
  • Face Value 5.00

Pros

  • Company has been maintaining a healthy dividend payout of 24.3%

Cons

  • Stock is trading at 3.77 times its book value
  • Company has a low return on equity of 7.57% over last 3 years.
  • Promoter holding has decreased over last 3 years: -6.91%

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
279 176 241 251 289 307 347 331 273 320 359 354 360
238 166 222 224 255 274 308 292 245 285 315 308 313
Operating Profit 41 10 19 27 34 33 40 39 28 35 43 46 47
OPM % 15% 6% 8% 11% 12% 11% 11% 12% 10% 11% 12% 13% 13%
0 1 1 1 1 1 1 1 1 1 1 1 1
Interest 8 8 7 7 7 7 7 8 8 9 10 10 10
Depreciation 12 12 12 13 13 14 15 16 16 18 17 19 20
Profit before tax 21 -9 0 8 14 13 18 16 5 9 17 17 18
Tax % 6% 11% 0% 7% 20% 35% 26% 12% -56% 22% 21% 26% 28%
20 -10 0 8 11 8 14 14 8 7 13 13 13
EPS in Rs 14.36 -6.41 0.11 4.80 6.98 5.12 8.41 8.95 4.98 4.46 8.09 7.91 7.98
Raw PDF

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
431 441 639 683 711 929 1,081 856 732 957 1,259 1,392
381 394 569 609 630 826 942 754 660 867 1,118 1,222
Operating Profit 50 47 70 74 81 103 139 102 72 90 140 171
OPM % 12% 11% 11% 11% 11% 11% 13% 12% 10% 9% 11% 12%
4 3 2 3 4 9 3 3 3 3 3 3
Interest 10 10 19 22 25 29 34 38 35 29 30 38
Depreciation 18 18 23 24 25 30 35 41 46 50 61 74
Profit before tax 26 22 30 32 34 53 73 25 -6 14 52 61
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
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
Dividend Payout % 10% 17% 16% 21% 22% 23% 19% 10% 0% 39% 23% 11%
Compounded Sales Growth
10 Years: 12%
5 Years: 5%
3 Years: 24%
TTM: 11%
Compounded Profit Growth
10 Years: 11%
5 Years: -2%
3 Years: 101%
TTM: 3%
Stock Price CAGR
10 Years: 20%
5 Years: 19%
3 Years: 14%
1 Year: 45%
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
Equity Capital 6 6 6 6 6 7 7 7 7 8 8 8
Reserves 96 109 130 145 161 249 302 309 305 422 462 511
83 90 152 168 231 245 285 328 332 241 273 296
104 119 163 170 161 243 231 197 211 265 273 307
Total Liabilities 288 323 450 490 559 744 824 840 855 935 1,017 1,123
128 131 170 224 252 286 329 362 356 380 400 463
CWIP 1 1 25 2 11 5 13 13 18 18 25 11
Investments 11 11 11 11 11 11 11 11 11 11 14 14
148 180 245 253 286 441 471 455 469 526 578 635
Total Assets 288 323 450 490 559 744 824 840 855 935 1,017 1,123

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 86 142
-20 -15 -82 -55 -57 -56 -84 -59 -44 -71 -88 -89
-11 12 42 -10 28 17 -7 3 -46 -10 2 -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 96 113 115 117 118 136 109 109 146 139 115 116
Cash Conversion Cycle 19 25 24 10 27 44 68 100 122 79 76 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%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
55.71% 55.71% 55.71% 55.71% 55.72% 55.72% 55.72% 55.72% 55.72% 55.72% 55.72% 55.20%
0.00% 0.07% 0.04% 0.00% 0.10% 0.02% 0.10% 0.09% 0.07% 0.25% 0.37% 0.76%
9.45% 9.78% 9.42% 9.13% 8.40% 8.50% 8.52% 8.51% 8.81% 9.00% 9.00% 9.16%
34.84% 34.44% 34.82% 35.15% 35.79% 35.78% 35.68% 35.68% 35.40% 35.02% 34.91% 34.87%
No. of Shareholders 9,4209,0139,8959,9759,63710,1069,93210,66011,50611,53910,59212,864

* 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

Concalls