Asian Electronics Ltd

Asian Electronics Ltd

₹ 1.78 4.09%
16 Mar 2015
About

Asian Electronics Limited, incorporated in India, Listed on the Bombay Stock exchange Limited, and National Stock Exchange Limited, the company is engaged in Lighting Products / Systems.

  • Market Cap Cr.
  • Current Price 1.78
  • High / Low /
  • Stock P/E
  • Book Value 6.64
  • Dividend Yield 0.00 %
  • ROCE -5.73 %
  • ROE -41.2 %
  • Face Value 5.00

Pros

  • Stock is trading at 0.27 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -39.0% over past five years.
  • Company has a low return on equity of -63.0% over last 3 years.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 2,318 days.
  • Working capital days have increased from 792 days to 1,493 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2012 Sep 2012 Mar 2013 Jun 2013 Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015
5.88 4.75 2.94 1.61 2.80 1.95 0.81 0.50 0.30 0.13 0.48
10.70 6.57 6.72 5.42 4.75 4.11 2.77 5.48 5.54 5.03 5.24
Operating Profit -4.82 -1.82 -3.78 -3.81 -1.95 -2.16 -1.96 -4.98 -5.24 -4.90 -4.76
OPM % -81.97% -38.32% -128.57% -236.65% -69.64% -110.77% -241.98% -996.00% -1,746.67% -3,769.23% -991.67%
0.00 -0.28 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.11 0.08 0.05 0.19 0.19 0.00 0.02 0.01 0.03 0.00 0.00
Depreciation 0.97 0.97 -0.31 0.65 0.64 0.55 0.61 0.59 0.60 0.60 0.60
Profit before tax -5.90 -3.15 -3.52 -4.65 -2.78 -2.71 -2.59 -5.58 -5.87 -5.50 -5.36
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-5.90 -3.15 -3.52 -4.65 -2.78 -2.71 -2.59 -5.58 -5.87 -5.50 -5.36
EPS in Rs -1.66 -0.89 -0.89 -1.17 -0.70 -0.68 -0.65 -1.41 -1.48 -1.39 -1.35
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 TTM
155 366 215 211 224 148 79 18 1
122 276 177 196 190 190 181 31 21
Operating Profit 33 90 38 15 34 -43 -102 -13 -20
OPM % 21% 25% 18% 7% 15% -29% -130% -69% -1,410%
7 13 -158 26 2 -7 3 1 0
Interest 9 17 23 32 32 25 20 0 0
Depreciation 8 9 10 5 4 4 4 3 2
Profit before tax 23 77 -153 5 1 -79 -124 -14 -22
Tax % -12% 14% 1% 6% 0% 0% 0% 0%
25 67 -154 5 1 -79 -124 -14 -22
EPS in Rs 23.97 -51.54 1.68 0.26 -22.36 -34.86 -3.64 -5.63
Dividend Payout % 9% 9% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -39%
3 Years: -57%
TTM: -80%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -75%
Stock Price CAGR
10 Years: 1%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: -27%
3 Years: -63%
Last Year: -41%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013
Equity Capital 9 14 15 15 15 17 17 17
Reserves 128 338 198 203 216 146 22 9
159 165 208 239 134 195 197 197
48 90 163 209 210 144 189 192
Total Liabilities 344 606 584 665 574 502 426 415
43 49 55 42 38 33 31 28
CWIP 10 33 3 11 11 8 7 6
Investments 2 4 51 48 111 111 111 111
288 520 474 564 414 350 278 271
Total Assets 344 606 584 665 574 502 426 415

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013
-30 -139 48 -25 195 -17 15 -2
-18 -12 -27 20 -60 0 0 1
77 144 -14 -0 -131 13 -18 0
Net Cash Flow 28 -7 8 -6 4 -4 -2 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013
Debtor Days 225 339 393 558 296 326 530 2,318
Inventory Days 333 222 650 388 356 321 187 1,698
Days Payable 158 133 285 345 316 91 128 1,193
Cash Conversion Cycle 400 429 759 600 336 556 589 2,824
Working Capital Days 504 432 509 603 316 495 389 1,493
ROCE % 23% 10% 7% 9% -13% -35% -6%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

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