Is Amara Raja Energy & Mobility a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Amara Raja Energy & Mobility Ltd is a good quality company .

Is Amara Raja Energy & Mobility undervalued or overvalued?

The key valuation ratios of Amara Raja Energy & Mobility Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Amara Raja Energy & Mobility share price return in the past 10 years?

Amara Raja Energy & Mobility Ltd share price has appreciated 5.5% annually (CAGR) over the past ten years.

Is Amara Raja Energy & Mobility a good buy now?

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

What is the P/E ratio of Amara Raja Energy & Mobility?

The latest standalone P/E ratio of Amara Raja Energy & Mobility as of 21-Nov-2024 is 23.95.

What is the P/B ratio of Amara Raja Energy & Mobility?

The latest standalone P/B ratio of Amara Raja Energy & Mobility as of 21-Nov-2024 is 3.15.

What is the 52-week high and low of Amara Raja Energy & Mobility?

The 52-week high of Amara Raja Energy & Mobility is Rs. 1774.90 and the 52-week low is Rs. 639.10.

Amara Raja Energy & Mobility Ltd - Stock Valuation and Financial Performance

Name: Amara Raja Energy & Mobility
Brand: Amara Raja Energy & Mobility

BSE: 500008 | NSE: ARE&M | Batteries | Small Cap

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Amara Raja Energy Share Price

₹1,224.80 -22.10 -1.77%
as on 21-Nov'24 15:51

10 Year X-Ray of Amara Raja Energy:

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 % ⓘ	37.9%	36.7%	29.2%	25.4%	23.1%	24%	22.2%	16%	19.2%	19.2%	-
Value Creation Index ⓘ	1.8	1.7	1.2	0.9	0.7	0.8	0.7	0.2	0.4	0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	4,211	4,618	5,317	6,059	6,793	6,839	7,150	8,696	10,390	11,260	11,945
Sales YoY Gr.	-	9.7%	15.2%	14%	12.1%	0.7%	4.5%	21.6%	19.5%	8.4%	-
Adj EPS ⓘ	23.6	28.3	27.6	26.7	27.7	38.1	37	28.8	43.7	48.5	52.1
YoY Gr.	-	20.3%	-2.8%	-3.3%	4%	37.5%	-3%	-22%	51.5%	11%	-
BVPS (₹) ⓘ	99.5	123.9	151.8	172	195.3	214	246.5	266.5	312.2	369.9	395.4
Adj Net Profit ⓘ	402	484	471	455	473	651	631	493	746	888	953
Cash Flow from Ops. ⓘ	395	555	553	322	541	1,177	802	633	956	1,314	-
Debt/CF from Ops. ⓘ	0.2	0.1	0.1	0.2	0.1	0	0	0	0.1	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.6%	10.6%	16.4%	8.4%
Adj EPS ⓘ	8.4%	11.9%	9.5%	11%
BVPSⓘ	15.7%	13.6%	14.5%	18.5%
Share Price	5.5%	10.4%	23.5%	87%

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 % ⓘ	26.3	25.4	20	16.5	15.1	18.6	16.1	11.3	14.1	13.9	13.6
Op. Profit Mgn % ⓘ	16.7	17.9	16	14.6	14.1	16.1	15.6	11.8	14	14.4	14.1
Net Profit Mgn % ⓘ	9.6	10.5	8.9	7.5	7	9.5	8.8	5.7	7.2	7.9	8
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	87	92	87	106	117	117	117	110	107	106	53
Cash Conv. Cycle ⓘ	49	47	48	59	65	61	62	63	57	56	24

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 13.60%

Sales growth is growing at healthy rate in last 3 years 16.35%

Sales growth is good in last 4 quarters at 12.19%

Net Profit has been subdued in last 3 years 9.48%

Latest Financials - Amara Raja Energy & Mobility Ltd.

	Standalone	Consolidated
TTM EPS (₹)	52.1	53
TTM Sales (₹ Cr.)	11,945	12,466
BVPS (₹.) ⓘ	395.4	397
Reserves (₹ Cr.) ⓘ	7,218	7,248
P/BV ⓘ	3.15	3.14
PE ⓘ	23.95	23.55

From the Market
52 Week Low / High (₹)	639.10 / 1774.90
All Time Low / High (₹)	1.67 / 1774.90
Market Cap (₹ Cr.)	22,821
Equity (₹ Cr.)	18.3
Face Value (₹)	1
Industry PE ⓘ	31.7

Management X-Ray of Amara Raja Energy:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Amara Raja Energy

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Dividend History

Analyst's Notes

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Key Ratios of Amara Raja Energy

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	4,211	4,618	5,317	6,059	6,793	6,839	7,150	8,696	10,390	11,260
Operating Expenses ⓘ	3,510	3,795	4,468	5,176	5,842	5,741	6,035	7,675	8,956	9,639
Manufacturing Costs	195	226	246	266	305	327	328	400	529	465
Material Costs	2,776	2,911	3,488	4,116	4,644	4,447	4,745	6,121	6,998	7,534
Employee Cost	195	243	278	309	345	385	426	499	651	699
Other Costs ⓘ	343	416	456	484	548	582	537	655	778	940
Operating Profit ⓘ	702	823	849	883	951	1,098	1,115	1,021	1,434	1,621
Operating Profit Margin (%)	16.7%	17.8%	16.0%	14.6%	14.0%	16.1%	15.6%	11.7%	13.8%	14.4%
Other Income ⓘ	42	46	50	66	48	55	88	80	91	102
Interest ⓘ	0	6	6	5	7	12	11	15	30	33
Depreciation ⓘ	134	141	191	230	261	301	319	396	450	479
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	-48	0
Profit Before Tax ⓘ	610	723	702	714	730	841	873	690	997	1,211
Tax ⓘ	199	231	224	243	247	180	227	179	266	305
Profit After Tax	411	492	478	471	483	661	647	511	731	906
PAT Margin (%)	9.8%	10.6%	9.0%	7.8%	7.1%	9.7%	9.0%	5.9%	7.0%	8.0%
Adjusted EPS (₹)	24.1	28.8	28.0	27.6	28.3	38.7	37.9	29.9	42.8	49.5
Dividend Payout Ratio (%)	15%	15%	15%	15%	25%	28%	29%	15%	14%	20%

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	1,700	2,116	2,593	2,937	3,335	3,656	4,210	4,551	5,333	6,769
Share Capital ⓘ	17	17	17	17	17	17	17	17	17	18
Reserves ⓘ	1,682	2,099	2,576	2,920	3,318	3,639	4,193	4,534	5,316	6,750
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	74	72	69	58	47	34	23	17	80	26
Long Term Debt	74	72	69	58	47	34	23	17	80	26
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	261	349	418	592	510	615	746	806	759	840
Others Liabilities ⓘ	537	413	504	580	603	696	817	1,001	1,766	1,200
Total Liabilities ⓘ	2,571	2,951	3,585	4,169	4,496	5,001	5,797	6,376	7,937	8,834
Fixed Assets
Gross Block	1,441	1,486	1,816	2,253	2,616	2,927	3,863	4,250	5,724	5,903
Accumulated Depreciation	497	134	323	550	804	1,098	1,408	1,757	2,035	2,353
Net Fixed Assetsⓘ	944	1,352	1,492	1,703	1,813	1,829	2,455	2,492	3,688	3,550
CWIP ⓘ	86	123	240	226	315	827	399	830	234	322
Investmentsⓘ	16	20	147	35	20	156	281	78	486	1,479
Inventories	418	602	817	1,050	1,061	1,143	1,438	1,804	1,733	1,810
Trade Receivables	554	592	570	782	769	636	787	793	890	1,017
Cash Equivalents	222	150	171	111	72	85	176	54	100	104
Others Assetsⓘ	330	112	147	260	446	325	261	326	805	552
Total Assets ⓘ	2,571	2,951	3,585	4,169	4,496	5,001	5,797	6,376	7,937	8,834

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 ⓘ	395	555	553	322	541	1,177	802	633	956	1,314
PBT ⓘ	610	723	702	714	730	841	873	690	997	1,211
Adjustment ⓘ	122	123	167	197	237	283	258	383	502	459
Changes in Working Capital ⓘ	-145	-73	-114	-345	-184	289	-130	-241	-287	-27
Tax Paid ⓘ	-192	-218	-202	-244	-242	-236	-200	-199	-256	-329
Cash Flow From Investing Activity ⓘ	-289	-394	-535	-244	-463	-850	-635	-482	-789	-1,072
Capex	-406	-490	-430	-385	-528	-700	-496	-760	-465	-440
Net Investments	102	86	-110	135	62	-123	-115	214	-54	-130
Others ⓘ	15	10	6	6	4	-27	-24	64	-270	-502
Cash Flow From Financing Activityⓘ	-75	-164	-2	-138	-92	-364	-122	-213	-112	-242
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-1	-2	-2	-9	-5	-12	-12	-11	-11	-58
Interest Paid ⓘ	0	0	0	-1	-1	-5	-4	-7	-16	-19
Dividend Paid ⓘ	0	-161	0	-107	-71	-331	-85	-171	-58	-137
Others ⓘ	-73	0	0	-22	-15	-16	-20	-25	-27	-29
Net Cash Flow ⓘ	31	-3	16	-61	-13	-37	46	-62	55	0

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 (%)	26.83	25.77	20.32	17.04	15.42	18.91	16.45	11.67	14.79	14.97
ROCE (%)	37.85	36.72	29.16	25.39	23.06	24.04	22.24	15.99	19.2	19.23
Asset Turnover Ratio	2.04	1.88	1.83	1.61	1.57	1.44	1.32	1.48	1.51	1.39
PAT to CFO Conversion(x)	0.96	1.13	1.16	0.68	1.12	1.78	1.24	1.24	1.31	1.45
Working Capital Days
Receivable Days	40	40	35	40	42	37	36	32	28	30
Inventory Days	30	36	43	55	57	59	66	66	60	56
Payable Days	26	38	40	45	43	46	52	46	41	39

Amara Raja Energy & Mobility Ltd Stock News

Amara Raja Energy & Mobility Ltd FAQs

What is the share price of Amara Raja Energy?

Company share prices are keep on changing according to the market conditions. The closing price of Amara Raja Energy on 21-Nov-2024 15:51 is ₹1,224.8.

What is the market cap of Amara Raja Energy?

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 15:51 the market cap of Amara Raja Energy stood at ₹22,821.4.

What is the P/E ratio of Amara Raja Energy?

The latest P/E ratio of Amara Raja Energy as of 21-Nov-2024 15:51 is 23.95.

What is the P/B ratio of Amara Raja Energy?

The latest P/B ratio of Amara Raja Energy as of 21-Nov-2024 15:51 is 3.15.

What is the 52-week high and low of Amara Raja Energy?

The 52-week high of Amara Raja Energy is ₹1,774.9 and the 52-week low is ₹639.1.

What is the TTM revenue of Amara Raja Energy?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Amara Raja Energy is ₹11,945 ( Cr.) .

About Amara Raja Energy & Mobility Ltd

Amara Raja Batteries (ARBL), the flagship company of the Amara Raja Group, is a leading manufacturer of automotive batteries under the brands - Amaron and PowerZone, which are distributed through a large pan-India sales & service retail network. The company's Industrial and Automotive batteries are exported to several countries across the globe. It is the first company to manufacture Valve Regulated Lead-Acid (VRLA) batteries in India. They are engineered to provide the performance reliability and consistency over the life of the product and they offer a long battery life with minimal maintenance. In India, the company is the preferred supplier to major telecom service providers, Telecom equipment manufacturers, UPS sector (OEM & Replacement), Indian Railways and to Power, Oil & Gas among other industry segments.

The company’s manufacturing facilities are equipped with state-of-the-art machines and technology. Each plant is designed to improve shop floor efficiencies by adopting globally recognized concepts such as Lean Six Sigma, 5S and Quality Circle projects. The manufacturing facilities have imbibed low-cost automation to reduce operator fatigue which helps in improving product quality and person productivity. Its World-Class integrated manufacturing facilities are constantly evolving and are ever ready to adopt the latest technological advancements. Its in-house R & D centre, which is recognized by Government of India, ensures constant innovation and best in class products.

Business area of the company

The company is the technology leader and is one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. Amara Raja Automotive Batteries offers a wide range of battery solutions in Passenger Vehicles, Three Wheelers, Two Wheelers, Commercial Vehicles, Farm Vehicles, and Home UPS/Inverters. Besides, Amara Raja Industrial Batteries offers a broad range of battery solutions in segments like UPS, Telecom, Railways, Defence and Motive.

Products

PowerStack
Amaron Sleek
Amaron Volt
Genpro
Amaron Quanta
Amaron Quanta-HWS
Amaron Quanta -HUPS
Amaron Brute
Amaron Solar
Amaron Quanta S-XEL

Awards and Accolades

2013: Received the Gold Award for support in the SME category in the event organized by Indus Towers.
2014: Presented with the Silver Award for support in the category 'Infra - Equipment’ in event organized by Indus Towers.
2016: Bagged recognition for being 'Telecom Infra Leader' in the Power Solutions Category for the year 2016 at the 24th Annual CyberMedia ICT Awards.
2016: Received the Gold Award for support in the category 'Infra-Equipment' in event organized by Indus Towers.
2017: Received an award from Tata Motors and this award is in recognition for its excellence in the field of QCDM parameters (Excellence in Quality, Delivery, and Relationship Building).
2017: Bagged 'India's Most Promising Company of The Year 2016-2017' award during the 12th CNBC TV18 India Business Leader Awards that was held in Delhi.
2017: Received awards for 'Consistent High-Quality Performance' and 'Design & Development' from Maruti Suzuki India.
2017: Received Overall Performance Award – Bosch.
2017: Amara Raja Group Small Battery Division has won the First Runner Award in Eleventh CII Six Sigma National Conference and Competition under the 'Manufacturing Industry (Discrete and Assembly Line)' category.
2018: Received first prize in AP Green awards 2017 under Industries (Private) category from A.P. Greening and Beautification Corporation, Government of Andhra Pradesh.
2018: Presented with Gold Award for support in the category 'Infra Equipment- Supply in the event organized by Indus Towers.
2018: Received an award for 'High-Quality Performance' from Bajaj Auto.
2018: Received an award for 'Best Vendor Rating and System Audit' from Maruti Suzuki India.
2018: Secured second place in 'Construction Safety' in a competition held during the quarterly award function in Maharashtra Circle.

History and Milestones

1995: Incorporation of the company.
1989: Inks technology agreement with GNB Batteries Inc.
1990: Introduced VRLA technology in India.
1991: Goes public.
1991: Launched VRLA batteries for telecom application.
1992: Commenced production of VRLA batteries.
1993: Launched batteries for Indian Railways.
1995: First export shipment of Industrial Batteries by company.
1996: Launched VRLA batteries in Indian Railways for Rolling Stack Application.
1997: Received ISO certification.
1997: Diversified into automotive batteries and signed JV with Johnson Controls Inc.
1998: Received QS-9000 certification.
1998: Supply of first batch of automotive batteries to Ford India.
2000: Launched Brand AMARON Automotive batteries.
2001: Received ISO 14001 certification.
2001: Corporate logo launched.
2001: Inauguration of Automotive battery plant.
2002: Industrial Batteries division (IBD) of company launched Quanta Branded UPS Batteries.
2002: Automotive Batteries division (ABD) of company launched Amaron Hi Way and Amaron Harvest batteries.
2004: Automotive Batteries division (ABD) of company launched Amaron PRO, Amaron GO, Amaron FRESH and Amaron SHIELD batteries.
2007: Launched Brand Powerzone Automotive Batteries.
2007: Inaugurated 2 Wheeler battery plant.
2008: Launched Amaron Probike Rider, the first AGM batteries for two wheelers.
2010: Unveiled new Amaron logo.
2010: Launched Amaron Sleek and Amaron Volt brands for Industrial applications.
2012: QRS series introduced for Telecom to aid efforts in reduction of diesel consumption.
2012: Launched Amaron Current HUPS Tubular Batteries.
2014: Inaugurated world’s largest integrated Medium Valve Regulated Lead Acid (MVRLA) battery plant at ARGC, Nunegundlapalli, Chittoor, Andhra Pradesh, India.
2016: Inaugurated Tubular battery plant.
2017: Launch of Amaron Brute brand for Motive Power by Industrial Batteries Division.
2017: Inaugurated India’s largest and most advanced two wheeler battery plant at Amara Raja Growth Corridor (ARGC).
2018: Incorporation of wholly owned subsidiary in Sharjah Airport International Free Zone (SAIF Zone).