Is AIA Engineering a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that AIA Engineering Ltd is a good quality company .

Is AIA Engineering undervalued or overvalued?

The key valuation ratios of AIA Engineering Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is AIA Engineering share price return in the past 10 years?

AIA Engineering Ltd share price has appreciated 11.6% annually (CAGR) over the past ten years.

Is AIA Engineering a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of AIA Engineering Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

AIA Engineering Ltd - Stock Valuation and Financial Performance

Name: AIA Engineering
Brand: AIA Engineering

BSE: 532683 | NSE: AIAENG | Castings/Forgings | Mid Cap

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AIA Engineering Share Price

₹3,407.40 -42.70 -1.24%
as on 21-Nov'24 16:59

10 Year X-Ray of AIA Engineering:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	29.8%	27.7%	25%	19.9%	20.8%	19.6%	17.9%	17.2%	25.3%	22.9%	-
Value Creation Index ⓘ	1.2	1.1	0.9	0.5	0.5	0.5	0.3	0.3	1.3	1.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	2,184	2,098	2,246	2,445	3,070	2,970	2,881	3,567	4,909	4,854	4,313
Sales YoY Gr.	-	-3.9%	7%	8.9%	25.5%	-3.2%	-3%	23.8%	37.6%	-1.1%	-
Adj EPS ⓘ	42	46.3	46.5	44.3	52	59.8	54.9	61.3	104.5	118.8	113.2
YoY Gr.	-	10.3%	0.4%	-4.6%	17.2%	15%	-8.2%	11.8%	70.4%	13.6%	-
BVPS (₹) ⓘ	220.9	246.3	288.1	319.1	372.5	392.4	450	504.1	603.4	705.9	685.8
Adj Net Profit ⓘ	396	437	439	418	490	564	518	579	986	1,120	1,056
Cash Flow from Ops. ⓘ	307	595	231	294	190	679	598	-39.6	868	903	-
Debt/CF from Ops. ⓘ	0.3	0.3	0.6	0.4	0.7	0.2	0.3	-0.1	0.6	0.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.3%	9.6%	19%	-1.1%
Adj EPS ⓘ	12.3%	18%	29.3%	13.6%
BVPSⓘ	13.8%	13.6%	16.2%	17%
Share Price	11.6%	15.8%	21.7%	-1.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	20.7	19.8	17.4	14.6	15	15.6	13	12.9	18.9	18.1	16.3
Op. Profit Mgn % ⓘ	26.9	29.3	28.4	22.1	21.6	23.1	23	20.4	25.4	27.6	27.2
Net Profit Mgn % ⓘ	18.1	20.8	19.5	17.1	16	19	18	16.2	20.1	23.1	24.5
Debt to Equity ⓘ	0.1	0.1	0.1	0	0	0	0	0	0.1	0.1	0
Working Cap Days ⓘ	172	180	179	200	190	210	307	368	241	194	238
Cash Conv. Cycle ⓘ	105	113	119	133	133	154	154	154	129	133	213

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.98%

Net Profit is growing at healthy rate in last 3 years 29.34%

Return on Equity has declined versus last 3 years average to 16.30%

Sales growth is not so good in last 4 quarters at -12.91%

Latest Financials - AIA Engineering Ltd.

	Standalone	Consolidated
TTM EPS (₹)	116.7	113.2
TTM Sales (₹ Cr.)	3,677	4,313
BVPS (₹.) ⓘ	659.5	685.8
Reserves (₹ Cr.) ⓘ	6,136	6,381
P/BV ⓘ	5.23	5.03
PE ⓘ	29.57	30.48

From the Market
52 Week Low / High (₹)	3369.45 / 4940.00
All Time Low / High (₹)	78.24 / 4940.00
Market Cap (₹ Cr.)	32,196
Equity (₹ Cr.)	18.7
Face Value (₹)	2
Industry PE ⓘ	30.9

Management X-Ray of AIA Engineering:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of AIA Engineering

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of AIA Engineering

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	2,184	2,098	2,246	2,445	3,070	2,970	2,881	3,567	4,909	4,854
Operating Expenses ⓘ	1,596	1,486	1,607	1,906	2,406	2,285	2,222	2,841	3,663	3,515
Manufacturing Costs	539	492	558	568	747	666	596	677	798	776
Material Costs	762	715	742	964	1,225	1,173	1,143	1,471	2,066	2,073
Employee Cost	98	102	107	113	126	134	134	139	152	171
Other Costs ⓘ	198	176	200	260	308	311	350	554	648	495
Operating Profit ⓘ	587	613	639	540	663	685	659	726	1,245	1,339
Operating Profit Margin (%)	26.9%	29.2%	28.4%	22.1%	21.6%	23.1%	22.9%	20.3%	25.4%	27.6%
Other Income ⓘ	84	102	104	122	121	142	172	156	235	281
Interest ⓘ	8	8	8	11	11	10	8	9	25	33
Depreciation ⓘ	70	66	72	66	79	98	94	92	93	100
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	594	641	662	585	694	719	730	781	1,362	1,488
Tax ⓘ	163	184	205	141	183	128	164	162	306	351
Profit After Tax	431	457	457	444	511	590	566	620	1,057	1,137
PAT Margin (%)	19.7%	21.8%	20.4%	18.1%	16.7%	19.9%	19.6%	17.4%	21.5%	23.4%
Adjusted EPS (₹)	45.7	48.4	48.4	47.0	54.2	62.6	60.0	65.7	112.0	120.4
Dividend Payout Ratio (%)	18%	37%	17%	17%	17%	43%	15%	14%	14%	13%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	2,084	2,323	2,717	3,009	3,514	3,701	4,244	4,755	5,691	6,658
Share Capital ⓘ	19	19	19	19	19	19	19	19	19	19
Reserves ⓘ	2,065	2,304	2,698	2,990	3,495	3,682	4,225	4,736	5,672	6,639
Minority Interest	8	8	8	9	9	9	9	8	9	10
Debt	64	151	116	123	128	97	184	3	496	455
Long Term Debt	55	25	0	0	15	0	0	1	0	0
Short Term Debt	9	125	115	123	113	97	184	2	496	455
Trade Payables	119	98	137	158	174	136	166	197	261	179
Others Liabilities ⓘ	274	212	212	259	208	218	1,765	1,611	173	193
Total Liabilities ⓘ	2,549	2,791	3,190	3,559	4,033	4,162	6,369	6,574	6,630	7,494
Fixed Assets
Gross Block	848	1,028	845	909	1,155	1,293	1,283	1,352	1,656	1,857
Accumulated Depreciation	296	355	175	238	311	403	472	562	653	746
Net Fixed Assetsⓘ	551	672	670	671	845	890	811	790	1,003	1,110
CWIP ⓘ	46	38	43	97	60	32	161	210	107	92
Investmentsⓘ	637	946	960	1,092	1,145	1,418	809	1,055	2,254	3,043
Inventories	460	389	534	553	786	778	755	1,226	1,218	1,205
Trade Receivables	394	430	495	600	706	648	638	800	861	880
Cash Equivalents	187	124	248	265	216	155	1,395	506	806	554
Others Assetsⓘ	274	191	241	280	275	240	1,799	1,986	381	610
Total Assets ⓘ	2,549	2,791	3,190	3,559	4,033	4,162	6,369	6,574	6,630	7,494

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	307	595	231	294	190	679	598	-40	868	903
PBT ⓘ	594	641	662	585	694	719	730	781	1,362	1,488
Adjustment ⓘ	59	47	-27	-25	-16	-13	-6	-57	-38	-147
Changes in Working Capital ⓘ	-153	81	-243	-105	-308	123	60	-601	-152	-111
Tax Paid ⓘ	-193	-174	-162	-161	-181	-149	-184	-163	-304	-328
Cash Flow From Investing Activity ⓘ	-257	-449	-16	-205	-164	-311	-351	100	-1,208	-819
Capex	-182	-177	-80	-137	-199	-131	-123	-125	-192	-210
Net Investments	-102	-281	58	-74	22	-203	-257	149	-1,075	-790
Others ⓘ	27	9	6	6	13	23	29	76	59	181
Cash Flow From Financing Activityⓘ	-83	-208	-91	-158	0	-429	67	-267	395	-211
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-28	-31	0	0	15	0	-15	1	-1	0
Interest Paid ⓘ	-4	-5	-5	-7	-7	-4	-3	-4	-17	-27
Dividend Paid ⓘ	-57	-289	-44	-133	0	-399	0	-76	-77	-137
Others ⓘ	6	116	-42	-18	-8	-25	85	-189	491	-47
Net Cash Flow ⓘ	-33	-63	123	-69	26	-60	314	-207	54	-127

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	22.55	20.73	18.14	15.49	15.68	16.36	14.24	13.77	20.23	18.41
ROCE (%)	29.79	27.69	25	19.9	20.83	19.55	17.9	17.19	25.34	22.88
Asset Turnover Ratio	0.94	0.81	0.78	0.73	0.81	0.73	0.55	0.55	0.74	0.69
PAT to CFO Conversion(x)	0.71	1.3	0.51	0.66	0.37	1.15	1.06	-0.06	0.82	0.79
Working Capital Days
Receivable Days	67	69	73	81	78	83	81	74	62	65
Inventory Days	66	71	73	80	80	96	97	101	91	91
Payable Days	60	55	58	56	49	48	48	45	40	39

AIA Engineering Ltd Stock News

AIA Engineering Ltd FAQs

What is the share price of AIA Engineering?

Company share prices are keep on changing according to the market conditions. The closing price of AIA Engineering on 21-Nov-2024 16:59 is ₹3,407.4.

What is the market cap of AIA Engineering?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of AIA Engineering stood at ₹32,196.5.

What is the P/E ratio of AIA Engineering?

The latest P/E ratio of AIA Engineering as of 21-Nov-2024 16:59 is 29.57.

What is the P/B ratio of AIA Engineering?

The latest P/B ratio of AIA Engineering as of 21-Nov-2024 16:59 is 5.23.

What is the 52-week high and low of AIA Engineering?

The 52-week high of AIA Engineering is ₹4,940 and the 52-week low is ₹3,369.5.

What is the TTM revenue of AIA Engineering?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of AIA Engineering is ₹3,677 ( Cr.) .

About AIA Engineering Ltd

AIA Engineering, a certified ISO 9001 company, specializes in the design, development, manufacture, installation and servicing of high chromium wear, corrosion and abrasion resistant castings used in the cement, mining and thermal power generation industries. Vega Industries is a wholly owned subsidiary of AIA Engineering, exclusively supplying its products, providing customer support and technical services to customers from its offices worldwide.

The company’s philosophy is to provide customers with optimized solutions through technical evaluation of their requirements, thereby providing specifically designed solutions in ideal metallurgy for the application, plus offering process optimization services worldwide. As a result of this approach, the Group is today the leading company for Quality, Services and Innovation in its field with an enviable reputation providing Global Solutions.

Business area of the company

The company is specializes in four business zones namely:

Cement: The Group Industries has its origins in the cement manufacturing industry and its continued success in this sector has enabled it to continually develop new products that can be demonstrated to provide reduced maintenance costs and improved cost-effectiveness for customers. For Tube Mill applications, the company manufactures and supplies Grinding media, Shell liners, Diaphragms (partition wall, discharge diaphragms, drying chamber diaphragms and dopple rotator diaphragms).

Mining: The Group Industries has developed new alloys and manufacturing techniques that provide improved wear components for all types of minerals including iron, gold, lead/zinc, bauxite, copper and phosphates, etc.

Power: Processing fuel is a critical part of the cost of power generation. By designing components that significantly reduce downtime and maintenance costs, the Group is helping power plants worldwide to keep down generating costs.

Aggregate: The Group Industries has developed new alloys and manufacturing techniques that provide improved wear components for all types of minerals including iron, gold, lead/zinc, bauxite, copper and phosphates.