Autoline Industries Ltd

Autoline Industries Ltd

₹ 108 -2.17%
26 Dec - close price
About

Incorporated in 1996, Autoline Industries Ltd is in the business of manufacturing sheet metal stampings, welded assemblies and modules for the automotive industry[1]

Key Points

Business Overview:[1]
AIL is a medium-sized auto engineering firm which crafts sheet metal components, subassemblies, and assorted parts for top-
tier automotive OEMs, including
a) Foot Control Modules
b) Parking brakes
c) Hinges, cab stay and tilt
d) Exhaust systems
e) Tubular structures
f) Prototyping
g) Fabrications

  • Market Cap 422 Cr.
  • Current Price 108
  • High / Low 165 / 99.8
  • Stock P/E 18.4
  • Book Value 34.5
  • Dividend Yield 0.00 %
  • ROCE 15.0 %
  • ROE 20.2 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 19.0% CAGR over last 5 years
  • Company's working capital requirements have reduced from 20.5 days to 12.9 days

Cons

  • Stock is trading at 3.14 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 33.4%
  • Company has a low return on equity of 12.6% 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: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
135.49 164.21 186.36 179.67 166.57 151.40 148.95 148.46 160.54 152.82 188.92 150.75 155.98
123.73 152.08 167.07 167.49 160.38 140.65 141.06 138.11 148.59 140.57 171.81 135.14 140.93
Operating Profit 11.76 12.13 19.29 12.18 6.19 10.75 7.89 10.35 11.95 12.25 17.11 15.61 15.05
OPM % 8.68% 7.39% 10.35% 6.78% 3.72% 7.10% 5.30% 6.97% 7.44% 8.02% 9.06% 10.35% 9.65%
0.38 0.66 1.50 0.09 14.33 0.77 1.48 0.56 0.60 0.62 1.15 0.92 1.24
Interest 5.95 6.41 6.32 5.63 5.07 4.93 5.76 5.50 4.98 4.76 7.07 7.12 7.13
Depreciation 5.00 4.99 5.06 4.97 5.05 4.08 3.30 3.39 3.41 3.34 3.36 3.99 4.21
Profit before tax 1.19 1.39 9.41 1.67 10.40 2.51 0.31 2.02 4.16 4.77 7.83 5.42 4.95
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
1.19 1.39 9.41 1.67 10.40 2.51 0.31 2.02 4.16 4.77 7.83 5.42 4.95
EPS in Rs 0.31 0.37 2.48 0.43 2.67 0.64 0.08 0.52 1.07 1.22 2.01 1.39 1.27
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 TTM
573 397 362 311 359 385 452 316 284 566 647 650 648
536 397 378 312 353 387 444 328 275 521 610 598 588
Operating Profit 37 0 -16 -1 6 -3 8 -12 9 45 37 52 60
OPM % 6% 0% -4% -0% 2% -1% 2% -4% 3% 8% 6% 8% 9%
12 -2 42 15 -30 10 46 -1 7 8 17 3 4
Interest 34 31 31 27 37 37 37 31 32 25 21 22 26
Depreciation 20 22 26 24 23 22 21 21 20 20 17 14 15
Profit before tax -6 -55 -32 -38 -83 -51 -4 -65 -36 8 15 19 23
Tax % -118% 0% 3% 0% -15% 0% 0% 0% 0% 0% 0% 0%
1 -55 -33 -39 -71 -51 -4 -65 -36 8 15 19 23
EPS in Rs 0.78 -44.93 -26.42 -29.17 -44.21 -24.44 -1.49 -24.18 -11.50 1.98 3.82 4.82 5.89
Dividend Payout % 128% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: 8%
3 Years: 32%
TTM: 6%
Compounded Profit Growth
10 Years: 9%
5 Years: 19%
3 Years: 35%
TTM: 155%
Stock Price CAGR
10 Years: 4%
5 Years: 34%
3 Years: 25%
1 Year: -20%
Return on Equity
10 Years: -48%
5 Years: -34%
3 Years: 13%
Last Year: 20%

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 12 12 12 13 16 21 27 27 31 38 39 39 39
Reserves 220 166 132 99 43 27 63 -2 -25 5 22 85 95
229 200 183 198 224 250 214 181 192 234 169 193 207
116 94 115 114 148 113 133 133 140 123 123 178 237
Total Liabilities 577 472 442 424 431 412 437 338 338 400 354 495 578
273 276 252 223 207 184 164 145 125 106 100 146 244
CWIP 19 0 0 1 0 3 1 1 1 4 4 2 25
Investments 98 64 64 68 67 74 74 74 77 76 76 76 0
187 131 125 132 156 150 198 118 136 214 174 272 310
Total Assets 577 472 442 424 431 412 437 338 338 400 354 495 578

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
31 -3 23 -2 44 -9 23 17 12 -52 76 15
-26 28 -2 8 -4 1 4 -1 -3 4 10 -46
-8 -29 -18 -6 -40 10 -29 -16 -10 47 -86 31
Net Cash Flow -2 -4 3 1 -0 2 -2 0 -1 -0 -0 0

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 25 23 24 33 52 40 33 28 53 70 42 64
Inventory Days 77 74 69 91 84 86 70 66 79 45 37 41
Days Payable 78 75 92 127 138 71 60 90 132 56 55 62
Cash Conversion Cycle 24 22 1 -3 -3 55 44 3 -0 59 24 43
Working Capital Days 0 -19 -1 -8 -55 -46 -17 -147 -50 36 12 13
ROCE % 5% -5% -12% -8% -4% -8% -4% -12% -5% 11% 9% 15%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
31.64% 31.64% 33.39% 33.40% 33.40% 33.40% 33.40% 33.40% 33.40% 33.40% 33.40% 33.40%
0.00% 0.00% 0.00% 0.01% 0.22% 0.00% 0.03% 0.01% 0.00% 0.15% 0.06% 0.04%
19.75% 19.75% 19.24% 12.31% 12.31% 12.31% 12.31% 12.31% 12.31% 12.58% 12.31% 12.31%
48.61% 48.61% 47.36% 54.30% 54.09% 54.32% 54.28% 54.31% 54.31% 53.89% 54.26% 54.27%
No. of Shareholders 17,29219,03119,48819,14419,32019,63920,71121,94424,25425,76326,56131,611

* 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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