GNA Axles Ltd
GNA Axles is engaged in the Business of manufactures auto components for the four-wheeler industry, primary product being Rear Axles, Shafts, Spindles & other Automobiles Components for sale in domestic and foreign market.
- Market Cap ₹ 1,691 Cr.
- Current Price ₹ 394
- High / Low ₹ 519 / 357
- Stock P/E 17.7
- Book Value ₹ 198
- Dividend Yield 0.51 %
- ROCE 15.1 %
- ROE 13.2 %
- Face Value ₹ 10.0
Pros
Cons
- Company might be capitalizing the interest cost
- Dividend payout has been low at 10.2% of profits 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
349 | 403 | 430 | 509 | 513 | 670 | 928 | 909 | 890 | 1,270 | 1,583 | 1,506 | 1,515 | |
305 | 353 | 370 | 426 | 433 | 567 | 783 | 784 | 746 | 1,090 | 1,350 | 1,309 | 1,324 | |
Operating Profit | 44 | 51 | 60 | 82 | 80 | 103 | 145 | 124 | 144 | 181 | 233 | 197 | 191 |
OPM % | 13% | 13% | 14% | 16% | 16% | 15% | 16% | 14% | 16% | 14% | 15% | 13% | 13% |
0 | 0 | 1 | 0 | 3 | 3 | 0 | 1 | 2 | 1 | 1 | 2 | 2 | |
Interest | 13 | 15 | 17 | 16 | 13 | 7 | 8 | 14 | 9 | 11 | 11 | 12 | 11 |
Depreciation | 14 | 17 | 23 | 27 | 24 | 25 | 35 | 42 | 41 | 50 | 49 | 53 | 54 |
Profit before tax | 18 | 18 | 21 | 39 | 47 | 74 | 103 | 70 | 96 | 121 | 175 | 135 | 128 |
Tax % | 73% | 28% | -4% | 34% | 37% | 31% | 36% | 24% | 27% | 26% | 25% | 26% | |
5 | 13 | 22 | 26 | 30 | 51 | 66 | 53 | 71 | 89 | 130 | 100 | 96 | |
EPS in Rs | 1.59 | 4.38 | 7.13 | 8.57 | 6.90 | 11.86 | 15.35 | 12.30 | 16.44 | 20.70 | 30.36 | 23.30 | 22.25 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | 8% | 9% | -0% | 15% | 12% | 10% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 10% |
3 Years: | 19% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 9% |
3 Years: | 12% |
TTM: | -27% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 2% |
1 Year: | -7% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 13% |
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 | 15 | 15 | 15 | 15 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 43 | 43 |
Reserves | 63 | 76 | 98 | 123 | 275 | 320 | 380 | 425 | 496 | 574 | 693 | 759 | 807 |
111 | 134 | 153 | 139 | 117 | 142 | 170 | 194 | 197 | 222 | 203 | 213 | 229 | |
128 | 157 | 160 | 170 | 163 | 199 | 211 | 180 | 245 | 225 | 252 | 203 | 292 | |
Total Liabilities | 318 | 382 | 426 | 447 | 577 | 682 | 782 | 821 | 960 | 1,042 | 1,171 | 1,219 | 1,370 |
108 | 145 | 159 | 147 | 132 | 191 | 229 | 244 | 295 | 291 | 306 | 344 | 337 | |
CWIP | 29 | 24 | 0 | 0 | 3 | -0 | 16 | 61 | -0 | -0 | 12 | 8 | 44 |
Investments | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
181 | 213 | 267 | 299 | 443 | 492 | 538 | 515 | 665 | 751 | 853 | 866 | 989 | |
Total Assets | 318 | 382 | 426 | 447 | 577 | 682 | 782 | 821 | 960 | 1,042 | 1,171 | 1,219 | 1,370 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
40 | 36 | 27 | 74 | -90 | 60 | 72 | 119 | 33 | 41 | 105 | 98 | |
-54 | -61 | -14 | -16 | -8 | -78 | -88 | -123 | -28 | -46 | -66 | -86 | |
15 | 24 | -13 | -58 | 98 | 19 | 16 | 4 | -5 | 4 | -39 | -13 | |
Net Cash Flow | 1 | -1 | -0 | -0 | -0 | 0 | -0 | -0 | 0 | -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 | 91 | 101 | 103 | 116 | 130 | 128 | 123 | 119 | 180 | 136 | 129 | 138 |
Inventory Days | 83 | 82 | 120 | 105 | 126 | 132 | 96 | 90 | 100 | 82 | 75 | 84 |
Days Payable | 169 | 163 | 194 | 177 | 174 | 157 | 113 | 102 | 149 | 88 | 89 | 77 |
Cash Conversion Cycle | 4 | 19 | 30 | 44 | 82 | 103 | 107 | 106 | 130 | 130 | 115 | 145 |
Working Capital Days | 64 | 65 | 107 | 67 | 103 | 121 | 109 | 106 | 146 | 135 | 121 | 140 |
ROCE % | 17% | 16% | 15% | 20% | 17% | 18% | 21% | 14% | 15% | 17% | 21% | 15% |
Documents
Announcements
-
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
19 Nov - Disclosure of pledge creation on GNA Axles shares.
-
Board Approves Capex
19 Oct - Board approves Capex plan of 400 crores.
-
Financial Results As On 30.09.2024
18 Oct - Submission of unaudited financial results for Q2 2024.
- Minutes Of 31St Annual General Meeting 17 Oct
-
Board Meeting Intimation for Board Meeting Scheduled On October 18, 2024
5 Oct - Board meeting on October 18 to approve Q2 results.
Product Portfolio
The company is engaged in manufacturing forged and machined automotive transmission components such as spindles, drive shafts, and axles. [1]