BSE: 504605 | NSE: | Castings/Forgings | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Uni Abex Alloy Products Ltd is a good quality company.
The key valuation ratios of Uni Abex Alloy Products Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Uni Abex Alloy Products Ltd is likely to Fall 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 % ⓘ | -6.7% | 0.2% | -7.1% | 7.8% | 19.8% | 23.8% | 26.4% | 25.2% | 30.9% | 43.8% | - |
| Value Creation Index ⓘ | -1.5 | -1.0 | -1.5 | -0.4 | 0.4 | 0.7 | 0.9 | 0.8 | 1.2 | 2.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 78.2 | 62.1 | 62.2 | 81 | 89.9 | 102 | 105 | 137 | 163 | 180 | 169 |
| Sales YoY Gr. | - | -20.6% | 0.1% | 30.3% | 11% | 14% | 2.2% | 30.5% | 19.3% | 10.4% | - |
| Adj EPS ⓘ | -11.8 | -18 | -43.5 | 1.4 | 46.6 | 24.5 | 51.6 | 61 | 90.4 | 177 | 149.6 |
| YoY Gr. | - | NA | NA | NA | 3251.1% | -47.5% | 111% | 18.3% | 48.2% | 95.8% | - |
| BVPS (₹) ⓘ | 234.3 | 216.1 | 161.3 | 168.1 | 213.8 | 232.4 | 281.2 | 333.5 | 413.1 | 573 | 627.2 |
| Adj Net Profit ⓘ | -2.3 | -3.6 | -8.6 | 0.3 | 9.2 | 4.8 | 10.2 | 12.1 | 17.9 | 35 | 30 |
| Cash Flow from Ops. ⓘ | -9.9 | 12.1 | 11 | 9.2 | 4.8 | 13.2 | 26.5 | 12.5 | 25.9 | 28 | - |
| Debt/CF from Ops. ⓘ | -4.5 | 3.4 | 2.7 | 2.7 | 5.3 | 1.5 | 0.4 | 0.9 | 0.4 | 0.6 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 9.7% | 14.9% | 19.8% | 10.4% | ||||
| Adj EPS ⓘ | NA | 30.6% | 50.8% | 95.8% | ||||
| BVPSⓘ | 10.5% | 21.8% | 26.8% | 38.7% | ||||
| Share Price | 18.8% | 40.1% | 67.3% | -7.4% | ||||
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 % ⓘ | -4.6 | -8 | -23.1 | 0.8 | 24.4 | 11 | 20.1 | 19.9 | 24.2 | 35.9 | 24.9 |
| Op. Profit Mgn % ⓘ | 9.6 | 8.8 | -0.8 | 9.2 | 18.3 | 18.8 | 19.8 | 15.5 | 17.2 | 27.4 | 23 |
| Net Profit Mgn % ⓘ | -3 | -5.7 | -13.8 | 0.3 | 10.2 | 4.7 | 9.7 | 8.8 | 11 | 19.4 | 17.5 |
| Debt to Equity ⓘ | 1 | 1 | 0.9 | 0.8 | 0.6 | 0.4 | 0.2 | 0.2 | 0.1 | 0.2 | 0 |
| Working Cap Days ⓘ | 199 | 272 | 244 | 189 | 243 | 244 | 248 | 208 | 157 | 172 | 134 |
| Cash Conv. Cycle ⓘ | 97 | 112 | 78 | 46 | 72 | 93 | 87 | 72 | 53 | 41 | 80 |
Sales growth is growing at healthy rate in last 3 years 19.79%
Net Profit is growing at healthy rate in last 3 years 50.82%
Return on Equity has declined versus last 3 years average to 24.90%
Sales growth is not so good in last 4 quarters at -10.13%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 149.6 | - |
| TTM Sales (₹ Cr.) | 169 | - |
| BVPS (₹.) ⓘ | 627.2 | - |
| Reserves (₹ Cr.) ⓘ | 122 | - |
| P/BV ⓘ | 4.51 | - |
| PE ⓘ | 18.93 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 2132.00 / 3998.90 |
| All Time Low / High (₹) | 1.00 / 3998.90 |
| Market Cap (₹ Cr.) | 559 |
| Equity (₹ Cr.) | 2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 31.2 |
| 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 | 78 | 62 | 62 | 81 | 90 | 102 | 105 | 137 | 163 | 180 |
| Operating Expenses ⓘ | 72 | 57 | 63 | 74 | 73 | 83 | 84 | 115 | 135 | 131 |
| Manufacturing Costs | 20 | 17 | 18 | 21 | 24 | 26 | 23 | 31 | 28 | 28 |
| Material Costs | 32 | 24 | 29 | 36 | 30 | 38 | 41 | 59 | 78 | 71 |
| Employee Cost | 7 | 6 | 6 | 7 | 8 | 8 | 9 | 10 | 10 | 12 |
| Other Costs ⓘ | 12 | 10 | 9 | 10 | 11 | 11 | 12 | 16 | 19 | 20 |
| Operating Profit ⓘ | 6 | 5 | 0 | 7 | 16 | 19 | 21 | 21 | 28 | 49 |
| Operating Profit Margin (%) | 7.6% | 8.8% | -0.8% | 9.2% | 18.3% | 18.7% | 19.8% | 15.5% | 17.2% | 27.4% |
| Other Income ⓘ | 1 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 4 |
| Interest ⓘ | 4 | 4 | 4 | 3 | 4 | 3 | 2 | 1 | 1 | 1 |
| Depreciation ⓘ | 7 | 7 | 6 | 5 | 5 | 5 | 5 | 4 | 4 | 5 |
| Exceptional Items ⓘ | -7 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -11 | -4 | -9 | 2 | 8 | 13 | 15 | 17 | 25 | 48 |
| Tax ⓘ | -3 | -1 | -1 | 0 | -1 | 8 | 5 | 5 | 7 | 13 |
| Profit After Tax | -8 | -3 | -8 | 1 | 9 | 5 | 11 | 12 | 19 | 35 |
| PAT Margin (%) | -9.9% | -5.0% | -13.5% | 1.7% | 10.5% | 5.2% | 10.2% | 9.0% | 11.4% | 19.7% |
| Adjusted EPS (₹) | -39.1 | -15.8 | -42.6 | 6.9 | 47.6 | 27.2 | 54.1 | 62.3 | 93.8 | 179.5 |
| Dividend Payout Ratio (%) | -8% | -13% | 0% | 22% | 16% | 18% | 18% | 20% | 21% | 14% |
| 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 | 46 | 43 | 32 | 33 | 42 | 46 | 56 | 66 | 82 | 113 |
| Share Capital ⓘ | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves ⓘ | 44 | 41 | 30 | 31 | 40 | 44 | 54 | 64 | 80 | 111 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 36 | 33 | 22 | 24 | 24 | 19 | 9 | 11 | 10 | 17 |
| Long Term Debt | 12 | 10 | 2 | 2 | 2 | 1 | 1 | 1 | 0 | 0 |
| Short Term Debt | 25 | 23 | 20 | 22 | 22 | 18 | 7 | 10 | 10 | 17 |
| Trade Payables | 11 | 18 | 19 | 18 | 25 | 13 | 29 | 27 | 24 | 24 |
| Others Liabilities ⓘ | 8 | 8 | 6 | 6 | 14 | 16 | 23 | 21 | 18 | 27 |
| Total Liabilities ⓘ | 102 | 101 | 79 | 82 | 105 | 94 | 116 | 125 | 133 | 182 |
Fixed Assets | ||||||||||
| Gross Block | 64 | 68 | 41 | 43 | 45 | 48 | 50 | 52 | 58 | 59 |
| Accumulated Depreciation | 22 | 28 | 6 | 11 | 15 | 20 | 25 | 29 | 32 | 35 |
| Net Fixed Assetsⓘ | 43 | 40 | 35 | 32 | 29 | 28 | 26 | 23 | 26 | 24 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 |
| Investmentsⓘ | 3 | 3 | 3 | 2 | 1 | 1 | 1 | 11 | 21 | 28 |
| Inventories | 21 | 21 | 19 | 15 | 31 | 28 | 31 | 43 | 34 | 39 |
| Trade Receivables | 17 | 18 | 12 | 20 | 23 | 18 | 28 | 18 | 18 | 19 |
| Cash Equivalents | 6 | 6 | 2 | 1 | 1 | 1 | 10 | 13 | 22 | 23 |
| Others Assetsⓘ | 12 | 13 | 8 | 11 | 20 | 17 | 20 | 16 | 12 | 48 |
| Total Assets ⓘ | 102 | 101 | 79 | 82 | 105 | 94 | 116 | 125 | 133 | 182 |
| 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 ⓘ | -10 | 12 | 11 | 9 | 5 | 13 | 26 | 12 | 26 | 28 |
| PBT ⓘ | -11 | -4 | -9 | 2 | 8 | 13 | 15 | 17 | 25 | 48 |
| Adjustment ⓘ | 11 | 11 | 10 | 8 | 9 | 7 | 7 | 4 | 4 | 2 |
| Changes in Working Capital ⓘ | -9 | 5 | 9 | -0 | -11 | -5 | 7 | -4 | 4 | -9 |
| Tax Paid ⓘ | -1 | 0 | 2 | 0 | -1 | -2 | -3 | -5 | -7 | -13 |
| Cash Flow From Investing Activity ⓘ | 4 | -4 | 5 | -3 | 0 | -4 | -5 | -9 | -12 | -34 |
| Capex | -1 | -5 | -2 | -3 | -2 | -4 | -2 | -2 | -3 | -3 |
| Net Investments | 5 | 0 | 0 | 1 | 1 | 0 | 0 | -10 | -9 | -11 |
| Others ⓘ | 0 | 0 | 6 | 0 | 0 | 0 | -3 | 3 | 0 | -20 |
| Cash Flow From Financing Activityⓘ | -7 | -7 | -15 | -8 | -4 | -10 | -13 | -1 | -4 | 2 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | -7 | -7 | 0 | 0 | 1 | -1 | -1 | 0 |
| Interest Paid ⓘ | -4 | -4 | -4 | -3 | -4 | -2 | -1 | -1 | -1 | 0 |
| Dividend Paid ⓘ | -1 | -1 | 0 | 0 | 0 | -2 | -1 | -2 | -2 | -4 |
| Others ⓘ | -2 | -2 | -3 | 2 | 0 | -6 | -11 | 3 | -1 | 6 |
| Net Cash Flow ⓘ | -13 | 1 | 1 | -1 | 1 | -1 | 9 | 3 | 9 | -5 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -15.29 | -7.01 | -22.56 | 4.18 | 24.95 | 12.17 | 21.07 | 20.26 | 25.13 | 36.41 |
| ROCE (%) | -6.73 | 0.19 | -7.06 | 7.79 | 19.84 | 23.76 | 26.41 | 25.17 | 30.89 | 43.78 |
| Asset Turnover Ratio | 0.77 | 0.68 | 0.75 | 1.03 | 0.96 | 1.03 | 1 | 1.14 | 1.26 | 1.14 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | 9 | 0.56 | 2.6 | 2.36 | 1 | 1.37 | 0.8 | Working Capital Days |
| Receivable Days | 74 | 92 | 80 | 71 | 88 | 73 | 81 | 61 | 40 | 38 |
| Inventory Days | 80 | 112 | 107 | 74 | 93 | 106 | 104 | 99 | 86 | 74 |
| Payable Days | 122 | 218 | 229 | 191 | 261 | 184 | 189 | 173 | 118 | 123 |
Uni Abex Alloy Products incorporated in 1972 is a Neterwala Group of Company, pioneer and leading manufacturer of centrifugal and static casting in heat, wear and corrosion resistant alloys located at Thane, near Mumbai, and has an excellent track record of supplying critical components to a wide range of industries.
Uni Abex Alloy Products is equipped with modern manufacturing & testing facilities. It is backed by superior infrastructure that is the prime reason for its quality output.
During incorporation, Uni Abex collaborated with Abex Corporation, USA and grew stronger by absorbing the technology and has been catering to the requirements of customers since 1975.
In 1992 Uni Abex collaborated with Schmidt + Clemens Gmbh +Co. Germany and further perfected the art of manufacturing and fabricating various critical components. While Uni Abex has mastered the technology from its technology partners, it has its own in-house R&D, recognized by Department of Scientific & Industrial Research, Ministry of Science & Technology, Government of India.
Uni Abex is considered as a premier source for high nickel and chromium alloys as per international standards by industries worldwide.
Product range of the company includes:
Uni Abex Alloy Products Ltd. produces static, centrifugal castings and assemblies in heat and corrosion resistant alloys. Manufacturing quality alloy products is its prime focus. As a leader in alloy steel castings, Uni Abex has made a significant contribution to various industries in the last three decades.
Achievements/ recognition:
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