Autoline Industries Ltd

Autoline Industries Ltd

₹ 124 -0.82%
24 Jul - 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 482 Cr.
  • Current Price 124
  • High / Low 165 / 78.4
  • Stock P/E 30.4
  • Book Value 34.8
  • Dividend Yield 0.00 %
  • ROCE 11.1 %
  • ROE 15.0 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 18.3% CAGR over last 5 years
  • Company's working capital requirements have reduced from 82.5 days to 66.0 days

Cons

  • Stock is trading at 3.55 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%
  • Tax rate seems low
  • Company has a low return on equity of 8.94% 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

Consolidated Figures in Rs. Crores / View Standalone

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
117.78 80.31 135.49 164.61 188.02 179.89 167.71 153.40 148.74 149.39 161.57 153.77 189.42
107.84 78.30 123.70 151.81 168.33 167.39 161.02 140.38 142.09 138.87 149.26 141.27 174.13
Operating Profit 9.94 2.01 11.79 12.80 19.69 12.50 6.69 13.02 6.65 10.52 12.31 12.50 15.29
OPM % 8.44% 2.50% 8.70% 7.78% 10.47% 6.95% 3.99% 8.49% 4.47% 7.04% 7.62% 8.13% 8.07%
0.60 5.25 0.19 0.46 1.32 -0.07 13.88 0.62 -3.12 -0.05 -0.11 0.10 2.54
Interest 9.25 6.64 5.98 6.41 6.65 5.74 5.20 5.07 5.97 5.70 5.18 4.94 7.22
Depreciation 5.01 5.06 5.00 4.99 5.08 4.97 5.07 4.09 3.50 3.46 3.49 3.42 3.45
Profit before tax -3.72 -4.44 1.00 1.86 9.28 1.72 10.30 4.48 -5.94 1.31 3.53 4.24 7.16
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.51% 3.82% 6.23% 1.18% 1.12%
-3.72 -4.44 1.00 1.86 9.28 1.72 10.30 4.48 -5.97 1.26 3.31 4.19 7.08
EPS in Rs -0.28 -1.15 0.31 0.51 2.47 0.46 2.66 1.17 -1.44 0.36 0.90 1.10 1.85
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
801 677 507 311 359 385 452 316 285 568 650 654
743 655 512 312 354 388 445 329 276 522 611 604
Operating Profit 58 22 -5 -1 6 -3 7 -13 9 46 39 51
OPM % 7% 3% -1% -0% 2% -1% 2% -4% 3% 8% 6% 8%
11 -1 9 14 -30 10 46 -1 2 7 12 2
Interest 37 34 32 27 37 37 38 31 32 26 22 23
Depreciation 23 25 28 25 23 22 21 21 20 20 18 14
Profit before tax 9 -38 -56 -39 -84 -52 -5 -66 -42 8 11 16
Tax % -22% 5% 2% 0% -15% 0% 1% 0% 0% 0% 0% 2%
11 -40 -57 -39 -72 -52 -5 -66 -42 8 11 16
EPS in Rs 8.91 -32.36 -46.12 -29.50 -44.86 -24.94 -1.83 -24.43 -13.53 2.03 2.71 4.21
Dividend Payout % 11% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 0%
5 Years: 8%
3 Years: 32%
TTM: 1%
Compounded Profit Growth
10 Years: 9%
5 Years: 18%
3 Years: 33%
TTM: 1092%
Stock Price CAGR
10 Years: 4%
5 Years: 22%
3 Years: 32%
1 Year: 44%
Return on Equity
10 Years: -38%
5 Years: -27%
3 Years: 9%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 12 12 12 13 16 21 27 27 31 38 39 39
Reserves 266 269 148 113 58 45 78 12 -9 23 36 97
246 266 183 198 224 250 220 187 197 237 173 194
168 121 172 175 209 181 201 205 207 190 191 245
Total Liabilities 693 669 516 499 507 497 526 432 426 487 439 575
291 296 252 223 240 221 205 187 169 150 141 200
CWIP 19 0 0 1 0 3 1 1 1 4 11 2
Investments 66 32 32 32 0 0 0 0 0 0 0 0
317 342 232 244 267 273 320 244 256 333 287 373
Total Assets 693 669 516 499 507 497 526 432 426 487 439 575

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
41 -52 69 -16 44 -17 19 23 7 -53 76 19
-32 21 7 19 -5 7 4 -3 -0 5 2 -55
-5 21 -76 -3 -40 13 -25 -19 -7 47 -79 35
Net Cash Flow 3 -10 -0 -0 -0 2 -2 1 -1 -0 0 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 22 52 19 36 54 43 36 31 57 71 42 64
Inventory Days 119 143 154 266 238 237 196 241 295 148 122 129
Days Payable 65 53 68 128 139 73 60 82 133 56 56 63
Cash Conversion Cycle 76 142 105 174 153 208 171 190 219 163 109 129
Working Capital Days 46 91 74 121 54 66 41 -18 95 110 72 66
ROCE % 7% 0% -7% -6% -4% -7% -3% -9% -4% 9% 7% 11%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
31.64% 31.64% 31.64% 33.39% 33.40% 33.40% 33.40% 33.40% 33.40% 33.40% 33.40% 33.40%
0.00% 0.00% 0.00% 0.00% 0.01% 0.22% 0.00% 0.03% 0.01% 0.00% 0.15% 0.06%
19.75% 19.75% 19.75% 19.24% 12.31% 12.31% 12.31% 12.31% 12.31% 12.31% 12.58% 12.31%
48.61% 48.61% 48.61% 47.36% 54.30% 54.09% 54.32% 54.28% 54.31% 54.31% 53.89% 54.26%
No. of Shareholders 16,05217,29219,03119,48819,14419,32019,63920,71121,94424,25425,76326,561

* 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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