Pritika Auto Industries Ltd

Pritika Auto Industries Ltd

₹ 18.4 0.49%
12 Mar 10:05 a.m.
About

Incorporated in 1980, Pritika Auto Industries
Ltd manufactures tractor and automobile components[1]

Key Points

Business Overview:[1]
Pritika Group, founded in 1973-74, is the largest manufacturer of machined castings in North India. It specializes in design, engineering, casting, machining, and sub-assembly of components, primarily for automotive and tractor sectors. The group plans to diversify into railway, defense, and electric hybrid tractor components manufacturing.

  • Market Cap 306 Cr.
  • Current Price 18.4
  • High / Low 36.7 / 17.2
  • Stock P/E 17.3
  • Book Value 23.2
  • Dividend Yield 0.00 %
  • ROCE 10.3 %
  • ROE 6.53 %
  • Face Value 2.00

Pros

  • Stock is trading at 0.79 times its book value
  • Debtor days have improved from 77.5 to 39.2 days.
  • Company's median sales growth is 15.1% of last 10 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -2.35%
  • Company has a low return on equity of 6.74% 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

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
47.09 47.58 83.22 87.82 66.35 75.60 81.97 79.89 70.55 82.54 87.89 85.66 80.35
43.02 42.59 74.31 78.12 59.96 69.37 72.67 70.68 62.19 73.63 77.05 75.87 71.49
Operating Profit 4.07 4.99 8.91 9.70 6.39 6.23 9.30 9.21 8.36 8.91 10.84 9.79 8.86
OPM % 8.64% 10.49% 10.71% 11.05% 9.63% 8.24% 11.35% 11.53% 11.85% 10.79% 12.33% 11.43% 11.03%
0.93 0.31 0.43 0.53 0.56 0.57 0.21 0.44 0.51 0.96 0.41 8.07 0.64
Interest 1.62 1.72 1.42 1.75 1.82 1.63 1.53 1.73 2.41 3.56 2.50 2.94 2.53
Depreciation 2.20 2.25 2.07 2.41 2.27 2.37 2.36 2.27 3.10 3.23 3.74 3.84 3.23
Profit before tax 1.18 1.33 5.85 6.07 2.86 2.80 5.62 5.65 3.36 3.08 5.01 11.08 3.74
Tax % 22.03% 40.60% 27.01% 33.28% 22.38% 32.86% 22.42% 32.21% 15.77% 27.60% 29.34% 19.31% 20.05%
0.93 0.80 4.27 4.05 2.22 1.88 4.35 3.83 2.82 2.23 3.54 8.94 2.99
EPS in Rs 0.10 0.09 0.48 0.46 0.25 0.21 0.49 0.43 0.18 0.14 0.22 0.54 0.18
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
0 0 0 0 0 198 228 149 197 236 311 338 336
0 0 0 0 0 173 200 131 176 212 279 297 298
Operating Profit 0 0 0 -0 -0 25 28 18 21 24 31 41 38
OPM % 40% 14% -22% -85% 13% 12% 12% 10% 10% 10% 12% 11%
0 0 0 0 0 1 2 2 1 4 2 2 10
Interest 0 0 0 0 0 6 7 6 6 7 7 12 12
Depreciation 0 0 0 0 0 6 6 7 7 9 9 13 14
Profit before tax 0 0 0 0 0 14 18 8 8 12 18 18 23
Tax % 0% 45% 33% 75% 21% 20% 28% 31% 26% 29% 25%
0 0 0 0 0 11 14 5 6 9 12 13 18
EPS in Rs 0.00 0.08 0.03 0.03 0.00 1.27 1.58 0.61 0.62 1.01 1.40 0.84 1.08
Dividend Payout % 0% 0% 0% 0% 3% 6% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 142%
5 Years: 8%
3 Years: 20%
TTM: 9%
Compounded Profit Growth
10 Years: 92%
5 Years: -1%
3 Years: 35%
TTM: 37%
Stock Price CAGR
10 Years: %
5 Years: 4%
3 Years: 3%
1 Year: -45%
Return on Equity
10 Years: 7%
5 Years: 6%
3 Years: 7%
Last Year: 7%

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 0.50 0.50 5 5 14 18 18 18 18 18 18 32 37
Reserves -0 -0 -0 -0 24 78 98 102 109 117 144 219 349
0 0 0 0 0 46 46 53 63 60 62 102 94
0 0 0 0 0 41 42 42 50 47 51 51 59
Total Liabilities 1 0 5 5 38 182 204 215 240 241 274 404 539
0 0 0 0 0 61 75 80 82 88 86 150 150
CWIP 0 0 0 0 0 7 2 5 8 1 0 2 6
Investments 0 0 1 1 28 5 5 7 15 12 20 67 180
1 0 4 4 10 110 121 124 135 141 169 185 202
Total Assets 1 0 5 5 38 182 204 215 240 241 274 404 539

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
0 -0 -2 0 0 6 14 13 21 13 12 41
0 0 -1 -0 -27 -24 -16 -14 -22 -2 -6 -98
0 0 3 0 27 20 -1 2 -0 -11 3 49
Net Cash Flow 0 -0 0 -0 0 2 -3 1 -1 0 9 -8

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 365 246 151 324 69 70 112 116 95 99 39
Inventory Days 0 0 172 162 218 162 137 102 169
Days Payable 61 56 63 61 47 40 25
Cash Conversion Cycle 365 246 151 324 180 176 268 217 184 161 183
Working Capital Days 2,044 2,182 3,303 5,732 111 110 175 143 144 129 133
ROCE % 0% 6% 4% 2% 0% 22% 16% 8% 8% 8% 12% 10%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
48.05% 48.13% 48.12% 48.13% 48.54% 48.54% 48.54% 68.38% 65.80% 64.86% 59.85% 57.51%
11.05% 11.02% 1.73% 1.54% 1.55% 1.54% 1.34% 2.41% 4.12% 4.07% 7.27% 5.11%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.50%
40.90% 40.85% 50.15% 50.32% 49.91% 49.92% 50.11% 29.21% 30.07% 31.08% 32.88% 35.86%
No. of Shareholders 17,18517,91721,13322,00722,95525,74231,89342,93965,27461,73468,82975,076

* 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

Concalls