Shivam Autotech Ltd
Incorporated in 1999, Shivam Autotech Ltd is in the manufacturing of Near-Net-Shaped, auto transmission components for Original Equipment Manufacturers[1]
- Market Cap ₹ 610 Cr.
- Current Price ₹ 49.9
- High / Low ₹ 64.9 / 31.0
- Stock P/E
- Book Value ₹ 2.77
- Dividend Yield 0.00 %
- ROCE 2.28 %
- ROE -62.8 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 18.2 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.87% over past five years.
- Company has a low return on equity of -30.9% over last 3 years.
- Company's cost of borrowing seems high
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
372 | 399 | 446 | 425 | 456 | 557 | 636 | 588 | 487 | 469 | 470 | 470 | 478 | |
284 | 318 | 363 | 355 | 409 | 478 | 553 | 536 | 410 | 398 | 421 | 426 | 428 | |
Operating Profit | 87 | 80 | 83 | 70 | 48 | 78 | 82 | 52 | 78 | 71 | 49 | 43 | 50 |
OPM % | 23% | 20% | 19% | 17% | 10% | 14% | 13% | 9% | 16% | 15% | 11% | 9% | 10% |
0 | 0 | -0 | 0 | 0 | 1 | 1 | 1 | 3 | 4 | 3 | 4 | 4 | |
Interest | 25 | 20 | 20 | 21 | 29 | 46 | 49 | 53 | 57 | 51 | 50 | 58 | 59 |
Depreciation | 31 | 31 | 27 | 28 | 32 | 41 | 49 | 54 | 49 | 41 | 35 | 36 | 36 |
Profit before tax | 32 | 29 | 36 | 21 | -13 | -8 | -14 | -54 | -25 | -16 | -33 | -46 | -41 |
Tax % | 11% | 2% | 22% | 10% | -73% | -84% | 33% | -32% | -8% | 0% | 6% | 8% | |
28 | 28 | 28 | 19 | -4 | -1 | -18 | -37 | -23 | -16 | -35 | -50 | -44 | |
EPS in Rs | 2.31 | 2.33 | 2.30 | 1.57 | -0.29 | -0.10 | -1.49 | -3.04 | -1.84 | -1.31 | -2.84 | -4.11 | -3.59 |
Dividend Payout % | 14% | 16% | 21% | 21% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | -6% |
3 Years: | -1% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 13% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 19% |
3 Years: | 22% |
1 Year: | 50% |
Return on Equity | |
---|---|
10 Years: | -9% |
5 Years: | -27% |
3 Years: | -31% |
Last Year: | -63% |
Balance Sheet
Figures in Rs. Crores
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 | 10 | 10 | 10 | 20 | 20 | 20 | 20 | 20 | 20 | 24 | 24 | 24 | 24 |
Reserves | 128 | 151 | 172 | 175 | 172 | 171 | 153 | 115 | 93 | 114 | 80 | 31 | 9 |
128 | 117 | 199 | 305 | 399 | 412 | 434 | 439 | 489 | 389 | 428 | 390 | 238 | |
70 | 75 | 79 | 80 | 87 | 91 | 145 | 150 | 133 | 114 | 124 | 120 | 269 | |
Total Liabilities | 336 | 353 | 460 | 580 | 678 | 694 | 752 | 724 | 734 | 641 | 656 | 565 | 541 |
242 | 229 | 251 | 246 | 353 | 445 | 467 | 448 | 429 | 394 | 362 | 330 | 316 | |
CWIP | 0 | 1 | 6 | 101 | 81 | 6 | 1 | 28 | 1 | 2 | 1 | 3 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
94 | 124 | 203 | 233 | 244 | 243 | 284 | 248 | 304 | 244 | 293 | 232 | 222 | |
Total Assets | 336 | 353 | 460 | 580 | 678 | 694 | 752 | 724 | 734 | 641 | 656 | 565 | 541 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
83 | 55 | 7 | 47 | 27 | 79 | 94 | 104 | 72 | 65 | 65 | 33 | |
-12 | -19 | -55 | -118 | -86 | -48 | -68 | -43 | -18 | -4 | -1 | -4 | |
-70 | -36 | 54 | 68 | 62 | -33 | -26 | -58 | -3 | -113 | -7 | -86 | |
Net Cash Flow | 0 | -0 | 6 | -3 | 2 | -3 | 1 | 2 | 50 | -52 | 57 | -57 |
Ratios
Figures in Rs. Crores
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 | 24 | 27 | 40 | 40 | 53 | 54 | 54 | 44 | 50 | 64 | 73 | 66 |
Inventory Days | 168 | 178 | 193 | 235 | 213 | 176 | 173 | 124 | 205 | 190 | 158 | 157 |
Days Payable | 127 | 125 | 117 | 118 | 133 | 107 | 167 | 147 | 182 | 157 | 149 | 111 |
Cash Conversion Cycle | 65 | 81 | 116 | 158 | 133 | 124 | 60 | 21 | 74 | 98 | 81 | 112 |
Working Capital Days | -7 | 15 | 45 | 70 | 69 | 40 | 21 | 1 | 46 | 62 | 50 | 50 |
ROCE % | 20% | 18% | 17% | 10% | 3% | 6% | 6% | -0% | 6% | 6% | 3% | 2% |
Documents
Announcements
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Announcement
28 Nov - Intimation of conclusion of GST audit.
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Announcement Under Reg. 30
28 Nov - Disclosure of Show Cause Notice received from tax authority.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Nov
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 21 Nov
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Business Overview:[1]
Company serves OEMs by manufacturing a range of auto components and accessories including transmission gears, transmission shafts, alternator components, starter motor components, magneto components and steering components using cold, warm and hot forging employing near net shape technology.