GNA Axles Ltd

GNA Axles Ltd

₹ 420 1.87%
24 Jul - close price
About

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.

Key Points

Product Portfolio
The company is engaged in manufacturing forged and machined automotive transmission components such as spindles, drive shafts, and axles. [1]

  • Market Cap 1,802 Cr.
  • Current Price 420
  • High / Low 583 / 357
  • Stock P/E 19.0
  • Book Value 187
  • Dividend Yield 0.48 %
  • ROCE 15.3 %
  • 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
329 340 301 300 375 420 404 384 374 404 357 371 400
274 291 263 261 325 360 341 324 315 349 310 335 345
Operating Profit 54 48 38 40 51 60 63 59 59 55 47 36 55
OPM % 17% 14% 13% 13% 13% 14% 16% 15% 16% 14% 13% 10% 14%
0 0 0 0 0 0 0 0 1 1 0 0 1
Interest 3 3 3 2 3 3 3 2 3 3 2 3 4
Depreciation 12 13 13 13 12 13 12 12 12 15 13 13 14
Profit before tax 40 33 23 25 36 45 48 45 45 37 32 20 38
Tax % 26% 26% 28% 26% 26% 25% 26% 25% 26% 26% 30% 17% 26%
29 25 17 18 27 33 36 34 33 28 22 17 28
EPS in Rs 6.87 5.71 3.89 4.23 6.31 7.78 8.34 7.93 7.73 6.44 5.23 3.90 6.47
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
349 403 430 509 513 670 928 909 890 1,270 1,583 1,506 1,532
305 353 370 426 433 567 783 784 746 1,090 1,350 1,309 1,339
Operating Profit 44 51 60 82 80 103 145 124 144 181 233 197 193
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 12
Depreciation 14 17 23 27 24 25 35 42 41 50 49 53 55
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 95
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 22.04
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: -31%
Stock Price CAGR
10 Years: %
5 Years: 28%
3 Years: 15%
1 Year: -15%
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
Equity Capital 15 15 15 15 21 21 21 21 21 21 21 43
Reserves 63 76 98 123 275 320 380 425 496 574 693 759
111 134 153 139 117 142 170 194 197 222 203 189
128 157 160 170 163 199 211 180 245 225 252 228
Total Liabilities 318 382 426 447 577 682 782 821 960 1,042 1,171 1,219
108 145 159 147 132 191 229 244 295 291 306 344
CWIP 29 24 0 0 3 0 16 61 0 0 12 8
Investments 0 0 0 0 0 0 0 0 0 0 0 0
181 213 267 299 443 492 538 515 665 751 853 866
Total Assets 318 382 426 447 577 682 782 821 960 1,042 1,171 1,219

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 65 72
Days Payable 169 163 194 177 174 157 113 102 149 88 78 66
Cash Conversion Cycle 4 19 30 44 82 103 107 106 130 130 116 144
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%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
67.52% 67.52% 67.88% 67.94% 67.96% 68.08% 68.09% 68.15% 68.15% 68.15% 68.16% 68.16%
1.54% 0.94% 0.60% 0.45% 0.18% 0.02% 2.17% 1.05% 1.12% 0.37% 0.20% 0.28%
9.04% 8.34% 8.77% 9.78% 10.63% 11.19% 11.91% 11.32% 10.83% 10.95% 11.01% 11.23%
21.91% 23.19% 22.75% 21.82% 21.22% 20.69% 17.83% 19.48% 19.90% 20.54% 20.63% 20.32%
No. of Shareholders 40,16346,93140,39538,62738,60535,95231,47836,17045,72849,42450,80550,100

* 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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