BSE: 532776 | NSE: SHIVAMAUTO | Auto Ancillary | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Shivam Autotech Ltd is a average quality company.
The key valuation ratios of Shivam Autotech Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Shivam Autotech Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 17% | 9.8% | 2.9% | 6.4% | 5.8% | -0.2% | 5.6% | 6.2% | 3.3% | 2.3% | - |
| Value Creation Index ⓘ | 0.2 | -0.3 | -0.8 | -0.5 | -0.6 | -1.0 | -0.6 | -0.6 | -0.8 | -0.8 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 446 | 424 | 456 | 557 | 636 | 588 | 487 | 469 | 470 | 470 | 478 |
| Sales YoY Gr. | - | -4.9% | 7.4% | 22.2% | 14.2% | -7.5% | -17.1% | -3.7% | 0.3% | -0.2% | - |
| Adj EPS ⓘ | 2.6 | 1.8 | -0.4 | -0.1 | -1.7 | -3.4 | -2.2 | -1.3 | -2.9 | -4.1 | -3.6 |
| YoY Gr. | - | -32.3% | -119.7% | NA | NA | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 16.9 | 18.2 | 17.9 | 17.8 | 16.1 | 12.6 | 10.5 | 11.3 | 8.6 | 4.6 | 2.8 |
| Adj Net Profit ⓘ | 28.3 | 19.1 | -3.8 | -1 | -17.9 | -36.7 | -23.6 | -15.9 | -35.2 | -50.2 | -44 |
| Cash Flow from Ops. ⓘ | 6.8 | 46.8 | 26.6 | 78.7 | 94 | 104 | 71.7 | 64.9 | 64.8 | 32.9 | - |
| Debt/CF from Ops. ⓘ | 29.3 | 6.5 | 15 | 5.2 | 4.6 | 4.1 | 6.7 | 5.9 | 6.5 | 11.7 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 0.6% | -5.9% | -1.2% | -0.2% | ||||
| Adj EPS ⓘ | -205.1% | NA | NA | NA | ||||
| BVPSⓘ | -13.6% | -22.3% | -24.4% | -46.9% | ||||
| Share Price | 2.7% | 15.8% | 23.4% | 56.1% | ||||
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 % ⓘ | 16.5 | 10.1 | -2 | -0.5 | -9.9 | -23.8 | -19 | -12.6 | -28.9 | -62.7 | -98 |
| Op. Profit Mgn % ⓘ | 18.7 | 16.6 | 10.5 | 14.2 | 13 | 8.9 | 16 | 15.3 | 10.5 | 9.3 | 10.4 |
| Net Profit Mgn % ⓘ | 6.3 | 4.5 | -0.8 | -0.2 | -2.8 | -6.2 | -4.8 | -3.4 | -7.5 | -10.7 | -9.2 |
| Debt to Equity ⓘ | 1.1 | 1.6 | 2.1 | 2.2 | 2.5 | 3.2 | 4.3 | 2.8 | 4 | 6.9 | 3.9 |
| Working Cap Days ⓘ | 161 | 199 | 180 | 143 | 137 | 145 | 154 | 160 | 158 | 156 | 64 |
| Cash Conv. Cycle ⓘ | 41 | 63 | 68 | 67 | 58 | 46 | 44 | 63 | 72 | 77 | -61 |
No data to display
Return on Equity is Poor
Sales growth has been subdued in last 3 years -1.23%
Debt to equity has increased versus last 3 years average to 6.90
Sales growth is not so good in last 4 quarters at 7.95%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -3.6 | - |
| TTM Sales (₹ Cr.) | 478 | - |
| BVPS (₹.) ⓘ | 2.8 | - |
| Reserves (₹ Cr.) ⓘ | 9 | - |
| P/BV ⓘ | 15.10 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 28.13 / 64.86 |
| All Time Low / High (₹) | 2.80 / 100.69 |
| Market Cap (₹ Cr.) | 512 |
| Equity (₹ Cr.) | 24.4 |
| Face Value (₹) | 2 |
| Industry PE ⓘ | 51.6 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 446 | 424 | 456 | 557 | 636 | 588 | 487 | 469 | 470 | 470 |
| Operating Expenses ⓘ | 363 | 354 | 408 | 478 | 553 | 536 | 410 | 398 | 421 | 426 |
| Manufacturing Costs | 159 | 160 | 183 | 214 | 235 | 192 | 170 | 147 | 159 | 161 |
| Material Costs | 151 | 140 | 165 | 186 | 230 | 252 | 158 | 172 | 183 | 182 |
| Employee Cost | 40 | 42 | 44 | 54 | 62 | 61 | 61 | 55 | 56 | 57 |
| Other Costs ⓘ | 14 | 11 | 16 | 24 | 27 | 30 | 21 | 24 | 23 | 26 |
| Operating Profit ⓘ | 83 | 70 | 48 | 78 | 82 | 52 | 78 | 71 | 49 | 43 |
| Operating Profit Margin (%) | 18.7% | 16.6% | 10.4% | 14.1% | 13.0% | 8.8% | 15.9% | 15.2% | 10.5% | 9.2% |
| Other Income ⓘ | 0 | 0 | 0 | 1 | 1 | 1 | 4 | 4 | 3 | 4 |
| Interest ⓘ | 20 | 21 | 29 | 46 | 49 | 53 | 57 | 51 | 50 | 58 |
| Depreciation ⓘ | 27 | 28 | 32 | 41 | 49 | 54 | 49 | 41 | 35 | 36 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 36 | 21 | -13 | -8 | -14 | -54 | -25 | -16 | -33 | -46 |
| Tax ⓘ | 8 | 2 | -10 | -6 | 5 | -17 | -2 | 0 | 2 | 4 |
| Profit After Tax | 28 | 19 | -4 | -1 | -18 | -37 | -23 | -16 | -35 | -50 |
| PAT Margin (%) | 6.3% | 4.5% | -0.8% | -0.2% | -2.9% | -6.3% | -4.6% | -3.4% | -7.4% | -10.7% |
| Adjusted EPS (₹) | 2.6 | 1.8 | -0.3 | -0.1 | -1.7 | -3.5 | -2.1 | -1.3 | -2.8 | -4.1 |
| Dividend Payout Ratio (%) | 21% | 21% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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 | 181 | 195 | 192 | 191 | 173 | 135 | 113 | 139 | 105 | 56 |
| Share Capital ⓘ | 10 | 20 | 20 | 20 | 20 | 20 | 20 | 24 | 24 | 24 |
| Reserves ⓘ | 171 | 175 | 172 | 171 | 153 | 115 | 93 | 114 | 80 | 31 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 170 | 275 | 362 | 360 | 373 | 382 | 382 | 277 | 309 | 238 |
| Long Term Debt | 103 | 171 | 216 | 211 | 199 | 204 | 245 | 173 | 215 | 179 |
| Short Term Debt | 67 | 105 | 146 | 150 | 174 | 178 | 137 | 104 | 93 | 59 |
| Trade Payables | 48 | 46 | 60 | 54 | 105 | 102 | 79 | 74 | 75 | 55 |
| Others Liabilities ⓘ | 96 | 88 | 50 | 68 | 85 | 72 | 124 | 115 | 134 | 185 |
| Total Liabilities ⓘ | 496 | 605 | 664 | 674 | 735 | 691 | 698 | 604 | 621 | 534 |
Fixed Assets | ||||||||||
| Gross Block | 463 | 486 | 624 | 758 | 828 | 863 | 892 | 898 | 901 | 904 |
| Accumulated Depreciation | 212 | 239 | 272 | 313 | 362 | 415 | 463 | 504 | 539 | 574 |
| Net Fixed Assetsⓘ | 251 | 246 | 353 | 445 | 467 | 448 | 429 | 394 | 362 | 330 |
| CWIP ⓘ | 6 | 101 | 81 | 6 | 1 | 28 | 1 | 2 | 1 | 3 |
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 80 | 91 | 96 | 90 | 109 | 86 | 89 | 90 | 79 | 78 |
| Trade Receivables | 49 | 47 | 67 | 83 | 94 | 71 | 67 | 83 | 93 | 85 |
| Cash Equivalents | 6 | 3 | 5 | 6 | 6 | 7 | 62 | 1 | 58 | 1 |
| Others Assetsⓘ | 105 | 116 | 62 | 44 | 58 | 50 | 49 | 34 | 28 | 36 |
| Total Assets ⓘ | 496 | 605 | 664 | 674 | 735 | 691 | 698 | 604 | 621 | 534 |
| 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 ⓘ | 7 | 47 | 27 | 79 | 94 | 104 | 72 | 65 | 65 | 33 |
| PBT ⓘ | 36 | 21 | -13 | -8 | -14 | -55 | -24 | -14 | -33 | -46 |
| Adjustment ⓘ | 50 | 58 | 61 | 87 | 97 | 111 | 108 | 92 | 87 | 97 |
| Changes in Working Capital ⓘ | -72 | -28 | -20 | 1 | 10 | 48 | -14 | -10 | 9 | -18 |
| Tax Paid ⓘ | -7 | -5 | -1 | -1 | 0 | 0 | 3 | -3 | 2 | 0 |
| Cash Flow From Investing Activity ⓘ | -55 | -118 | -86 | -48 | -68 | -43 | -18 | -5 | -1 | -4 |
| Capex | -55 | -118 | -86 | -48 | -68 | -44 | -19 | -5 | -1 | -5 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 |
| Cash Flow From Financing Activityⓘ | 54 | 68 | 62 | -33 | -26 | -58 | -3 | -113 | -7 | -86 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 74 | 68 | 54 | 9 | -2 | -9 | 93 | -70 | 6 | -1 |
| Interest Paid ⓘ | -22 | -31 | -29 | -46 | -48 | -52 | -54 | -53 | -47 | -50 |
| Dividend Paid ⓘ | -5 | -6 | -4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 7 | 37 | 40 | 4 | 24 | 3 | -42 | 1 | 34 | -35 |
| Net Cash Flow ⓘ | 6 | -3 | 2 | -3 | 1 | 2 | 50 | -52 | 57 | -57 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 16.42 | 10.21 | -1.85 | -0.64 | -10.02 | -24.13 | -18.15 | -12.77 | -28.56 | -62.67 |
| ROCE (%) | 16.96 | 9.75 | 2.89 | 6.38 | 5.79 | -0.2 | 5.58 | 6.21 | 3.26 | 2.34 |
| Asset Turnover Ratio | 1.03 | 0.81 | 0.76 | 0.85 | 0.9 | 0.82 | 0.7 | 0.72 | 0.77 | 0.81 |
| PAT to CFO Conversion(x) | 0.25 | 2.47 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Working Capital Days |
| Receivable Days | 30 | 39 | 43 | 48 | 51 | 51 | 52 | 58 | 68 | 69 |
| Inventory Days | 55 | 70 | 71 | 60 | 57 | 61 | 65 | 69 | 65 | 61 |
| Payable Days | 111 | 122 | 117 | 112 | 126 | 150 | 208 | 162 | 149 | 130 |
Shivam Autotech Limited, formerly known as Munjal Auto Components (MAC) commenced operations in September 1999 as a full fledged, autonomous wing of the HERO Group, a renowned corporate giant with $ 4.2 Billion turnover annually. Shivam Autotech produces several different kinds of gears Spline Shafts
With an Employee Strength of around 800 members, it manufactures and markets Components for the Auto Sector to an Original Equipment Manufacturer (OEM). Its current product offering includes different kinds of Gear Blanks, Spline Shafts, and Finished Gears & Plungers.
Shivam Autotech’s Unique Selling Proposition is the fact that it is among the few auto component manufacturers in the country today which uses Near Net Shape Technology for Cold and Warm Forging.
The Hero group has two flagship companies under it Hero Honda Motors Limited world’s Largest Two-wheeler Company & Hero Cycles Limited world’s largest in bicycles manufacturing.
Product range of the company includes:
Milestones:
Achievements/ recognition:
Certifications:
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