NDR Auto Components Ltd

NDR Auto Components Ltd

₹ 1,648 1.62%
28 Aug - close price
About

Incorporated in 2019, NDR Auto Components manufacturing seat frames and seat trims for passenger cars and utility vehicles[1]

Key Points

Business Overview:[1][2]
NDRAC operates in auto components industry and does production and manufacturing of seat frames and trims for four-wheeler and two-wheeler vehicles and other accessories relating
to car seats. It manufactures, fabricates and assembles automotive components including seats, spare parts and components for the seats and is associated with manufacturing and trading of components

  • Market Cap 1,960 Cr.
  • Current Price 1,648
  • High / Low 1,803 / 493
  • Stock P/E 46.7
  • Book Value 213
  • Dividend Yield 0.23 %
  • ROCE 19.4 %
  • ROE 16.3 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 7.73 times its book value
  • Company has a low return on equity of 13.2% over last 3 years.
  • Debtor days have increased from 43.2 to 52.9 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.

Peer comparison

Sector: Auto Ancillaries Industry: Auto Ancillaries

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
44 53 55 80 63 94 106 130 128 158 140 176 171
41 50 53 74 59 85 98 119 116 142 127 160 155
Operating Profit 3 3 2 6 5 9 7 11 11 15 13 16 17
OPM % 6% 6% 4% 7% 7% 9% 7% 8% 9% 10% 9% 9% 10%
2 3 4 4 3 3 3 5 3 2 3 3 3
Interest 0 0 0 0 0 0 1 1 1 1 1 1 1
Depreciation 2 2 2 2 2 1 3 3 3 4 4 4 4
Profit before tax 3 4 4 7 5 11 7 13 11 13 11 15 15
Tax % 17% 20% 21% 16% 18% 21% 19% 21% 22% 22% 21% 22% 22%
2 3 3 6 4 8 6 10 8 10 9 12 12
EPS in Rs 1.98 2.74 2.69 5.10 3.40 7.07 4.77 8.37 6.92 8.68 7.18 9.76 9.70
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
97 114 233 393 602 645
97 108 218 360 545 584
Operating Profit -1 6 15 33 56 61
OPM % -1% 6% 6% 8% 9% 10%
14 10 12 13 11 10
Interest 0 0 1 2 3 3
Depreciation 7 5 7 9 15 15
Profit before tax 6 11 18 35 49 54
Tax % -11% 23% 18% 20% 22%
7 9 15 28 39 42
EPS in Rs 5.54 7.17 12.51 23.62 32.55 35.32
Dividend Payout % 0% 7% 10% 11% 12%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 74%
TTM: 41%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 65%
TTM: 30%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 102%
1 Year: 200%
Return on Equity
10 Years: %
5 Years: %
3 Years: 13%
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 6 6 6 6 12
Reserves 164 172 185 212 242
0 4 13 34 31
19 40 46 92 112
Total Liabilities 189 223 250 344 396
33 41 47 133 147
CWIP 0 3 32 13 12
Investments 39 40 43 51 56
117 138 128 146 181
Total Assets 189 223 250 344 396

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3 -2 1 48 27
-10 1 -4 -35 -6
-1 -1 0 -5 -8
Net Cash Flow -7 -1 -3 8 13

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 23 99 48 29 53
Inventory Days 35 53 44 48 23
Days Payable 80 154 84 91 80
Cash Conversion Cycle -22 -1 8 -14 -4
Working Capital Days 3 26 43 -12 14
ROCE % 6% 10% 17% 19%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
73.95% 73.95% 73.95% 73.95% 73.95% 73.95% 73.95% 73.95% 73.06% 73.06% 73.06% 73.06%
0.00% 0.00% 0.00% 0.84% 0.84% 0.24% 0.00% 0.00% 0.01% 0.01% 0.00% 0.00%
26.05% 26.05% 26.05% 25.21% 25.21% 25.80% 26.06% 26.05% 26.93% 26.95% 26.95% 26.95%
No. of Shareholders 6,2065,9985,9656,4506,3846,8858,37811,90112,95313,91715,75416,374

* 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.

Documents