Pritika Auto Industries Ltd

Pritika Auto Industries Ltd

₹ 23.2 -1.65%
22 Nov - close price
About

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

Key Points

Business Overview:[1]
PAIL is a flagship company of the Pritika Group of Industries. It is in the business of manufacturing & selling of tractors and other automotive parts, components & engineering goods. It is a manufacturer of machined castings and also manufactures components for tractors and CVs.

  • Market Cap 375 Cr.
  • Current Price 23.2
  • High / Low 54.3 / 22.9
  • Stock P/E 24.1
  • Book Value 14.3
  • Dividend Yield 0.00 %
  • ROCE 11.9 %
  • ROE 6.93 %
  • Face Value 2.00

Pros

  • Debtor days have improved from 66.5 to 33.6 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -5.00%
  • Company has a low return on equity of 7.93% over last 3 years.
  • Contingent liabilities of Rs.307 Cr.

* 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

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
86 56 57 96 100 78 88 95 94 71 83 89 86
76 51 50 85 87 69 79 83 81 59 71 74 71
Operating Profit 9 5 7 11 13 8 9 12 12 12 11 14 15
OPM % 11% 9% 13% 12% 13% 11% 10% 13% 13% 16% 14% 16% 18%
1 3 0 0 0 0 0 0 0 0 1 0 8
Interest 2 2 2 2 2 2 2 2 2 3 4 4 4
Depreciation 3 3 3 3 3 3 3 3 3 4 4 5 5
Profit before tax 6 3 2 7 8 3 4 7 7 5 4 6 13
Tax % 31% 5% 1% 25% 34% 12% 31% 23% 31% 18% 26% 28% 20%
4 3 2 5 5 3 3 5 5 4 3 4 11
EPS in Rs 0.44 0.32 0.25 0.58 0.56 0.32 0.21 0.42 0.43 0.19 0.12 0.21 0.45
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0 157 169 208 166 224 317 425 408 328
0 139 144 178 145 200 287 383 355 276
Operating Profit -0 18 25 30 21 24 30 42 52 52
OPM % -22% 11% 15% 14% 13% 11% 9% 10% 13% 16%
0 0 1 2 2 1 8 1 2 9
Interest 0 7 6 8 7 8 9 9 15 15
Depreciation 0 5 6 6 8 8 11 12 17 18
Profit before tax 0 7 14 18 8 9 18 22 23 28
Tax % 33% 35% 21% 20% 27% 31% 20% 27% 25%
0 4 11 14 6 6 14 16 17 22
EPS in Rs 0.03 0.63 1.26 1.59 0.63 0.66 1.63 1.67 0.78 0.97
Dividend Payout % 0% 0% 3% 6% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 14%
3 Years: 22%
TTM: -7%
Compounded Profit Growth
10 Years: %
5 Years: -2%
3 Years: 31%
TTM: 28%
Stock Price CAGR
10 Years: %
5 Years: 8%
3 Years: 10%
1 Year: -18%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 8%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5 14 18 18 18 18 18 18 32 37
Reserves -0 27 78 95 100 110 121 136 177 194
0 45 55 61 68 85 85 95 149 146
0 46 42 59 57 67 66 102 79 93
Total Liabilities 5 132 192 232 243 279 290 350 438 471
0 34 61 92 96 115 129 132 231 237
CWIP 0 2 7 9 15 11 2 9 2 10
Investments 1 0 0 2 5 6 0 0 0 0
4 95 124 129 127 148 158 209 204 224
Total Assets 5 132 192 232 243 279 290 350 438 471

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 3 -9 28 19 21 18 5 42
-0 -36 -24 -40 -19 -26 -6 -23 -97
0 30 36 8 1 4 -12 30 44
Net Cash Flow -0 -2 3 -4 1 -1 1 12 -11

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 151 89 81 83 102 104 82 84 34
Inventory Days 190 173 165 217 170 148 118 238
Days Payable 70 61 59 64 65 59 48 41
Cash Conversion Cycle 151 209 192 189 255 210 172 153 231
Working Capital Days 3,303 102 160 127 162 129 113 112 126
ROCE % 29% 17% 16% 8% 8% 9% 13% 12%

Shareholding Pattern

Numbers in percentages

17 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
47.86% 48.05% 48.13% 48.12% 48.13% 48.54% 48.54% 48.54% 68.38% 65.80% 64.86% 59.85%
11.14% 11.05% 11.02% 1.73% 1.54% 1.55% 1.54% 1.34% 2.41% 4.12% 4.07% 7.27%
40.99% 40.90% 40.85% 50.15% 50.32% 49.91% 49.92% 50.11% 29.21% 30.07% 31.08% 32.88%
No. of Shareholders 12,38217,18517,91721,13322,00722,95525,74231,89342,93965,27461,73468,829

* 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