Ameya Precision Engineers Ltd

Ameya Precision Engineers Ltd

₹ 130 -2.28%
26 Jul - close price
About

Ameya Precision Engineers Limited is engaged in manufacturing high-end precision components (shafts, and other trim components) for the general engineering industry, focussing on the valve and pump manufacturing.[1]

Key Points

Product Portfolio[1] Company manufactures shafts/stems such as Gate valves, Butterfly valves, Pumps, Flanges such as Valve Bonnets, Seats/Discs, Plugs, and Hard Facing and Corrosion Resistant Overlays such as Stellite / Colmonoy, Valve Seats /Discs / Plugs and Pump Wear Rings

  • Market Cap 97.9 Cr.
  • Current Price 130
  • High / Low 140 / 38.1
  • Stock P/E 33.1
  • Book Value 30.6
  • Dividend Yield 0.00 %
  • ROCE 20.9 %
  • ROE 15.3 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 9.29% over past five years.
  • Company has a low return on equity of 13.0% 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: Engineering Industry: Engineering

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Half Yearly Results

Figures in Rs. Crores

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
11.57 12.22 13.14 15.36 15.06 18.98
9.73 11.08 11.99 13.71 13.70 16.17
Operating Profit 1.84 1.14 1.15 1.65 1.36 2.81
OPM % 15.90% 9.33% 8.75% 10.74% 9.03% 14.81%
0.07 0.11 0.14 0.26 0.66 0.34
Interest 0.28 -0.02 0.06 0.09 0.04 0.07
Depreciation 0.40 0.40 0.37 0.41 0.48 0.47
Profit before tax 1.23 0.87 0.86 1.41 1.50 2.61
Tax % 26.02% 28.74% 25.58% 18.44% 25.33% 29.89%
0.91 0.62 0.64 1.15 1.12 1.84
EPS in Rs 45.50 1.03 0.85 1.53 1.49 2.45
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
21.83 23.40 24.65 23.64 28.51 34.03
18.95 19.43 19.64 20.66 25.61 29.85
Operating Profit 2.88 3.97 5.01 2.98 2.90 4.18
OPM % 13.19% 16.97% 20.32% 12.61% 10.17% 12.28%
1.36 0.14 0.24 0.18 0.40 0.99
Interest 0.85 0.60 0.60 0.26 0.17 0.11
Depreciation 1.00 1.05 0.99 0.81 0.78 0.95
Profit before tax 2.39 2.46 3.66 2.09 2.35 4.11
Tax % 27.62% 26.83% 25.41% 27.75% 21.28% 28.22%
1.73 1.80 2.73 1.52 1.85 2.96
EPS in Rs 173.00 180.00 136.50 2.53 2.47 3.95
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 9%
3 Years: 11%
TTM: 19%
Compounded Profit Growth
10 Years: %
5 Years: 28%
3 Years: 3%
TTM: 61%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 235%
Return on Equity
10 Years: %
5 Years: 16%
3 Years: 13%
Last Year: 15%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1.00 1.00 2.00 6.00 7.50 7.50
Reserves 6.46 8.26 9.99 7.51 11.85 15.49
6.27 7.93 5.07 2.98 0.82 0.06
4.57 5.16 4.46 3.34 3.86 4.34
Total Liabilities 18.30 22.35 21.52 19.83 24.03 27.39
4.80 5.18 4.67 4.61 4.72 4.07
CWIP 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.90 0.56 1.00 1.90
13.50 17.17 15.95 14.66 18.31 21.42
Total Assets 18.30 22.35 21.52 19.83 24.03 27.39

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.08 1.47 5.61 1.13 -1.98 6.18
-1.35 -1.23 -0.43 -0.73 -1.28 -1.06
-1.72 -0.23 -3.25 -2.25 3.19 -0.87
Net Cash Flow 0.01 0.01 1.93 -1.85 -0.07 4.25

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 82.93 112.62 72.85 98.20 130.33
Inventory Days 135.78 203.00 175.17 188.77 135.73
Days Payable 132.35 174.46 96.70 93.05 57.05
Cash Conversion Cycle 86.36 141.16 151.32 193.91 209.01
Working Capital Days 139.45 180.16 135.78 167.99 188.45
ROCE % 19.40% 24.88% 13.77% 13.69%

Shareholding Pattern

Numbers in percentages

12 Recently
Sep 2022Mar 2023Sep 2023Mar 2024
72.00% 72.64% 72.69% 72.69%
0.05% 0.00% 0.00% 0.00%
27.95% 27.36% 27.31% 27.31%
No. of Shareholders 348356339417

* 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.

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