Australian Premium Solar (India) Ltd
Incorporated in 2013, Australian Premium Solar (India) Limited manufactures monocrystalline and polycrystalline solar panelmodules and provides engineering, procurement, and construction (EPC) services for residential, agricultural, and commercial applications.[1]
- Market Cap ₹ 1,021 Cr.
- Current Price ₹ 517
- High / Low ₹ 670 / 140
- Stock P/E 61.2
- Book Value ₹ 31.0
- Dividend Yield 0.00 %
- ROCE 22.3 %
- ROE 19.6 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 16.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 29.4 to 40.2 days.
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 50 | 74 | 98 | 95 | 150 | 232 | |
| 47 | 70 | 93 | 89 | 141 | 208 | |
| Operating Profit | 3 | 4 | 5 | 6 | 9 | 24 |
| OPM % | 5% | 5% | 5% | 6% | 6% | 10% |
| 0 | 0 | 0 | 0 | 1 | 1 | |
| Interest | 0 | 0 | 0 | 1 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 3 |
| Profit before tax | 2 | 2 | 4 | 5 | 8 | 22 |
| Tax % | 27% | 25% | 26% | 28% | 25% | |
| 1 | 2 | 3 | 3 | 6 | 17 | |
| EPS in Rs | 610.00 | 900.00 | 1,350.00 | 1,650.00 | 3.12 | 8.45 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| TTM: | 81% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 51% |
| TTM: | 291% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.02 | 0.02 | 0.02 | 20 | 20 |
| Reserves | 7 | 8 | 11 | 15 | 28 | 41 |
| 1 | 3 | 3 | 2 | 10 | 9 | |
| 18 | 23 | 21 | 22 | 23 | 46 | |
| Total Liabilities | 26 | 35 | 35 | 39 | 80 | 116 |
| 5 | 8 | 7 | 7 | 19 | 20 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 1 | 0 | 0 | 0 |
| 21 | 26 | 27 | 32 | 61 | 96 | |
| Total Assets | 26 | 35 | 35 | 39 | 80 | 116 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 5 | 3 | 3 | -5 | ||
| -6 | -1 | -3 | -13 | ||
| 2 | -1 | -1 | 35 | ||
| Net Cash Flow | 1 | 2 | -1 | 16 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 36 | 14 | 11 | 37 | 40 |
| Inventory Days | 48 | 51 | 30 | 22 | 12 |
| Days Payable | 141 | 118 | 67 | 88 | 48 |
| Cash Conversion Cycle | -57 | -53 | -26 | -29 | 5 |
| Working Capital Days | 18 | 4 | 10 | 23 | 47 |
| ROCE % | 28% | 31% | 33% | 22% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
22 November 2024 - Premium Solar (India) Limited has informed about Schedule of meet
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Updates
19 November 2024 - Company has received New Purchase Orders of total Rs. 19,05,11,815/- from a client Company for supply of APS - DCR & Non DCR Bificial - …
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Clarification - Financial Results
6 November 2024 - Exchange has sought clarification from Australian Premium Solar (India) Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, …
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Analysts/Institutional Investor Meet/Con. Call Updates
30 October 2024 - Premium Solar (India) Limited has informed about Transcript
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Analysts/Institutional Investor Meet/Con. Call Updates
24 October 2024 - Premium Solar (India) Limited has informed about Link of Recording
Annual reports
Concalls
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Oct 2024Transcript PPT REC
Business Division[1]
The company manufactures two types of solar panels:
A) Monocrystalline solar panels: The solar cells used in monocrystalline solar panels are more efficient and have a darker, uniform appearance due to their monocrystalline structure, allowing the busbars (copper-coated thin ribbons) to be placed more strategically without significantly detracting from the appearance.