Uniparts India Ltd.

Market Capital

₹2,653 Cr.

P/E

12.95

Share Price

₹ 582.45 -4.3 (-0.73%)

Uniparts India Ltd.

Price
Growth Table
Balance Sheet
Profit & Loss
Cash Flow
Cash Flow Analysis
Ratios
Quarterly Results
Reverse DCF

Price

₹ 582.45 -4.3 (-0.73%)

CHART MODE

Price

CHART MODE

EV/EBITDA

Price to Sales

Price to Book

CHART MODE

Capex

CHART MODE

Debt

Growth Table

Uniparts India Ltd.

(in %)	1yr	2yr	3yr	4yr	5yr	6yr	7yr	8yr	9yr	10yr
Share Price CAGR	—	—	—	—	—	—	—	—	—	—
TTM EPS CAGR	—	—	—	—	—	—	—	—	—	—
Sales CAGR	—	—	—	—	—	—	—	—	—	—
PAT Margin (Abs Growth)	1.25	4.9	8.09	8.44	8.67	11.23	9.26	11.38	9.65	11.14
Show More
Show Less
PE CAGR	—	—	—	—	—	—	—	—	—	—
CFO CAGR	197.81	28.63	23.84	—	—	24.46	26.88	35.64	15.82	18.29

* Share price and PE growth are updated everyday. All other fields are as of latest financial year end. EPS adjusted for bonus and splits.

BALANCE SHEET

| View Detailed

(in Rs. Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Assets	390	397	428	433	507	581	533	553	620	615
Non Current Assets	204	201	215	221	245	271	277	260	266	261
Net Block	149	143	163	160	162	212	215	208	207	201
Capital Work in Progress	2.34	1.33	2.26	10.91	29.90	6.67	7.62	0.80	0.74	3.43
Intangible Assets Under Development	0.32	0.14	0.45	1.80	2.16	1.75	0.63	—	—	0.14
Long Term Investments	50.26	50.26	50.26	50.26	50.26	50.27	50.60	50.54	53.64	50.88
Show More
Show Less
Current Assets	173	184	199	200	248	295	246	282	345	347
Inventory	79.43	82.21	80.56	91.80	119	144	128	134	155	153
Accounts Receivable	72.88	76.58	86.50	82.75	91.38	101	84.71	116	161	129
Short Term Investments	—	—	—	—	—	—	—	—	—	16.01
Cash & Bank Balances	2.85	1.79	1.77	1.25	2.14	10.29	4.77	5.75	5.13	28.53
Show More
Show Less
Show More
Show Less
Liabilities	390	397	428	433	507	581	533	553	620	615
Shareholders Funds	193	197	221	233	247	266	273	321	403	499
Share Capital	22.05	44.62	44.62	44.62	44.62	44.62	44.62	44.62	44.62	44.62
Reserves	169	149	174	185	200	218	225	273	354	453
Show More
Show Less
Non Current Liabilities	47.61	33.59	34.19	25.22	36.83	63.01	46.24	32.38	25.42	30.74
Secured Loans	26.65	18.58	17.13	7.38	15.15	37.52	17.43	3.33	—	—
Unsecured Loans	4.28	—	—	—	—	—	—	—	—	—
Show More
Show Less
Current Liabilities	150	167	172	176	223	252	214	199	191	85.24
Accounts Payable	26.18	30.26	30.35	37.89	61.03	46.63	35.91	70.65	68.91	55.35
Short Term Loans	83.15	107	115	110	128	172	139	103	87.88	—
Show More
Show Less
Show More
Show Less

(in Rs. Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Assets	586	607	649	646	774	958	899	893	1,031	1,057
Non Current Assets	229	233	250	248	278	358	342	314	324	337
Net Block	235	234	256	250	252	356	340	322	325	337
Capital Work in Progress	2.38	1.47	2.47	11.81	30.56	8.88	9.95	2.29	2.20	7.27
Intangible Assets Under Development	0.32	0.14	0.45	1.80	2.16	3.00	0.63	—	—	0.14
Long Term Investments	—	—	—	—	—	—	—	—	—	—
Show More
Show Less
Current Assets	328	347	372	369	471	574	532	551	682	698
Inventory	218	223	229	227	304	367	353	339	442	453
Accounts Receivable	81.97	91.44	98.30	101	116	145	123	168	194	155
Short Term Investments	—	—	—	—	—	—	—	1.25	—	25.02
Cash & Bank Balances	7.81	3.61	5.07	5.64	9.15	15.09	16.96	10.82	14.00	38.68
Show More
Show Less
Show More
Show Less
Liabilities	586	607	649	646	774	958	899	893	1,031	1,057
Shareholders Funds	232	260	294	318	365	422	464	558	685	831
Share Capital	22.05	44.62	44.62	44.62	44.62	44.62	44.62	44.62	44.62	44.62
Reserves	208	213	247	270	317	374	416	510	637	785
Show More
Show Less
Non Current Liabilities	83.57	67.37	66.98	58.02	62.72	128	95.13	78.66	70.81	85.76
Secured Loans	39.46	31.53	29.79	17.69	24.17	47.52	21.61	5.72	4.86	9.39
Unsecured Loans	4.28	—	0.03	0.18	0.13	—	—	—	—	—
Show More
Show Less
Current Liabilities	270	279	288	270	347	409	339	256	275	141
Accounts Payable	51.89	61.13	57.85	60.51	87.55	69.84	52.68	90.09	89.58	70.47
Short Term Loans	157	170	187	163	210	282	216	114	117	5.43
Show More
Show Less
Show More
Show Less

(in Rs. Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Assets	390	397	428	433	507	581	533	553	620	615
Non Current Assets	204	201	215	221	245	271	277	260	266	261
Gross Block	211	220	252	261	162	340	363	377	399	411
Less: Accumulated Depreciation	62.30	76.36	88.85	102	—	128	147	169	192	210
Less: Impairment of Assets	—	—	—	—	—	—	—	—	—	—
Net Block	149	143	163	160	162	212	215	208	207	201
Lease Adjustment A/c	—	—	—	—	—	—	—	—	—	—
Capital Work in Progress	2.34	1.33	2.26	10.91	29.90	6.67	7.62	0.80	0.74	3.43
Long Term Investments	50.26	50.26	50.26	50.26	50.26	50.27	50.60	50.54	53.64	50.88
Long Term Loans & Advances	10.55	11.03	8.73	12.70	16.69	16.80	13.19	11.86	13.12	11.84
Other Non Current Assets	4.71	7.01	4.06	0	0	0.00	0.01	0.01	0.01	0.00
Show More
Show Less
Current Assets	173	184	199	200	248	295	246	282	345	347
Inventory	79.43	82.21	80.56	91.80	119	144	128	134	155	153
Accounts Receivable	72.88	76.58	86.50	82.75	91.38	101	84.71	116	161	129
Short Term Investments	—	—	—	—	—	—	—	—	—	16.01
Cash & Bank Balances	2.85	1.79	1.77	1.25	2.14	10.29	4.77	5.75	5.13	28.53
Other Current Assets	7.63	13.15	14.96	12.90	9.76	15.88	13.75	12.45	11.26	5.87
Short Term Loans and Advances	10.68	10.74	15.67	11.39	25.72	23.42	15.17	12.76	13.53	14.59
Show More
Show Less
Show More
Show Less
Liabilities	390	397	428	433	507	581	533	553	620	615
Shareholders Funds	193	197	221	233	247	266	273	321	403	499
Share Capital	22.05	44.62	44.62	44.62	44.62	44.62	44.62	44.62	44.62	44.62
Share Warrants	—	—	—	—	—	—	—	—	—	—
Reserves	169	149	174	185	200	218	225	273	354	453
Show More
Show Less
Non Current Liabilities	47.61	33.59	34.19	25.22	36.83	63.01	46.24	32.38	25.42	30.74
Secured Loans	26.65	18.58	17.13	7.38	15.15	37.52	17.43	3.33	—	—
Unsecured Loans	4.28	—	—	—	—	—	—	—	—	—
Deferred Tax Assets/Liabilities	12.84	11.73	12.82	11.92	13.24	14.81	9.43	10.36	8.32	6.57
Other Long Term Liabilities	—	—	—	—	—	0.37	8.65	6.33	4.18	11.44
Long Term Provisions	3.84	3.28	4.24	5.91	8.44	10.31	10.73	12.36	12.92	12.74
Show More
Show Less
Current Liabilities	150	167	172	176	223	252	214	199	191	85.24
Accounts Payable	26.18	30.26	30.35	37.89	61.03	46.63	35.91	70.65	68.91	55.35
Short Term Loans	83.15	107	115	110	128	172	139	103	87.88	—
Other Current Liabilities	34.86	27.18	22.34	24.39	31.17	29.63	35.28	19.53	28.77	25.89
Share Application Money	—	—	—	—	—	—	—	—	—	—
Show More
Show Less
Short Term Provisions	5.33	2.90	4.58	3.22	3.21	3.70	3.44	6.11	5.81	4.00
Show More
Show Less
Show More
Show Less

(in Rs. Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Assets	586	607	649	646	774	958	899	893	1,031	1,057
Non Current Assets	229	233	250	248	278	358	342	314	324	337
Gross Block	363	380	422	432	455	584	599	593	632	648
Less: Accumulated Depreciation	128	146	166	182	203	228	259	270	308	311
Less: Impairment of Assets	—	—	—	—	—	—	—	—	—	—
Net Block	235	234	256	250	252	356	340	322	325	337
Lease Adjustment A/c	—	—	—	—	—	—	—	—	—	—
Capital Work in Progress	2.38	1.47	2.47	11.81	30.56	8.88	9.95	2.29	2.20	7.27
Long Term Investments	—	—	—	—	—	—	—	—	—	—
Long Term Loans & Advances	12.69	24.21	19.03	15.02	20.18	20.53	16.71	17.95	22.06	15.39
Other Non Current Assets	8.53	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Show More
Show Less
Current Assets	328	347	372	369	471	574	532	551	682	698
Inventory	218	223	229	227	304	367	353	339	442	453
Accounts Receivable	81.97	91.44	98.30	101	116	145	123	168	194	155
Short Term Investments	—	—	—	—	—	—	—	1.25	—	25.02
Cash & Bank Balances	7.81	3.61	5.07	5.64	9.15	15.09	16.96	10.82	14.00	38.68
Other Current Assets	8.99	14.59	19.62	20.24	12.55	19.59	22.85	18.29	14.88	8.01
Short Term Loans and Advances	11.47	14.37	20.50	14.88	29.79	26.01	16.67	13.63	17.06	17.77
Show More
Show Less
Show More
Show Less
Liabilities	586	607	649	646	774	958	899	893	1,031	1,057
Shareholders Funds	232	260	294	318	365	422	464	558	685	831
Share Capital	22.05	44.62	44.62	44.62	44.62	44.62	44.62	44.62	44.62	44.62
Share Warrants	—	—	—	—	—	—	—	—	—	—
Reserves	208	213	247	270	317	374	416	510	637	785
Show More
Show Less
Non Current Liabilities	83.57	67.37	66.98	58.02	62.72	128	95.13	78.66	70.81	85.76
Secured Loans	39.46	31.53	29.79	17.69	24.17	47.52	21.61	5.72	4.86	9.39
Unsecured Loans	4.28	—	0.03	0.18	0.13	—	—	—	—	—
Deferred Tax Assets/Liabilities	29.06	26.19	26.94	28.85	24.85	27.36	24.15	28.55	24.79	22.89
Other Long Term Liabilities	5.13	4.64	4.06	2.97	2.28	39.52	35.54	28.79	24.44	37.04
Long Term Provisions	5.64	5.00	6.16	8.33	11.30	13.38	13.83	15.61	16.73	16.45
Show More
Show Less
Current Liabilities	270	279	288	270	347	409	339	256	275	141
Accounts Payable	51.89	61.13	57.85	60.51	87.55	69.84	52.68	90.09	89.58	70.47
Short Term Loans	157	170	187	163	210	282	216	114	117	5.43
Other Current Liabilities	52.39	43.53	33.99	40.54	41.70	49.95	63.75	41.54	46.35	49.45
Share Application Money	—	—	—	—	—	—	—	—	—	—
Show More
Show Less
Short Term Provisions	9.70	4.30	9.12	6.26	6.90	7.14	7.08	10.60	22.23	15.62
Show More
Show Less
Show More
Show Less

Balance Sheet Snapshot

+ Add a Comparison

Fund Flow Analysis

+ Add a Comparison

Increase
Decrease
Total

*Data is as of latest FY end

Profit & Loss

| View Detailed

(in Rs. Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	394	450	412	529	653	538	591	883	929	858
Operating Expenses	373	395	383	498	599	494	524	748	767	701
Raw Material	177	180	174	246	300	221	258	393	388	358
Others	0	0	0	0	300	221	258	393	388
Show More
Show Less
Employee Cost	68.44	74.28	79.61	90.51	108	106	102	125	131	131
Power & Fuel Cost	21.73	23.65	24.67	28.48	31.41	28.54	28.48	41.18	43.39	—
Show More
Show Less
Operating Profit	21.03	54.56	29.02	30.80	53.52	43.88	67.15	135	162	157
Other Income	7.57	4.95	12.50	11.38	6.30	7.67	18.71	42.32	52.51	75.90
Depreciation and Amortisation Expenses	13.48	13.17	14.36	15.26	18.67	24.74	24.82	25.02	26.05	26.17
Interest	8.96	7.00	6.05	5.76	11.53	11.31	5.03	3.38	3.18	2.44
Profit Before Tax	6.17	39.38	21.34	21.75	29.61	15.51	56.01	149	185	204
Tax	0.13	11.33	4.75	7.15	6.17	-0.26	12.62	27.71	35.55	33.48
Net Profit	6.04	28.05	16.59	14.60	23.44	15.77	43.40	121	150	170
Number of shares(Crs)	—	—	—	—	—	—	—	—	4.51	—
Dividend Payout Ratio	36.91	12.07	0	0	22.84	0	0	33.85	42.52	—

*TTM Values as of Jun 2023

(in Rs. Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	782	769	693	842	1,061	907	903	1,227	1,366	1,303
Operating Expenses	722	681	635	756	923	814	790	974	1,077	1,026
Raw Material	316	282	239	337	428	332	338	501	497	473
Employee Cost	161	160	158	177	222	212	185	220	240	240
Power & Fuel Cost	26.44	28.47	29.00	33.81	37.67	34.25	33.34	47.73	50.95	—
Show More
Show Less
Operating Profit	59.88	88.26	57.99	86.18	138	92.92	113	253	289	277
Other Income	1.75	2.02	9.94	14.33	1.91	34.89	51.19	18.28	24.60	15.29
Depreciation and Amortisation Expenses	17.40	18.49	19.77	20.85	30.10	35.44	37.26	36.65	39.03	39.11
Interest	11.92	10.05	8.66	9.03	18.20	17.97	8.11	5.70	5.97	5.35
Profit Before Tax	32.31	61.75	39.51	70.62	91.55	74.40	119	229	268	248
Tax	3.64	17.04	12.99	17.09	21.96	11.76	27.35	60.54	63.34	58.28
Net Profit	28.68	44.71	26.52	53.53	69.60	62.64	91.21	169	205	189
Number of shares(Crs)	—	—	—	—	—	—	—	—	4.51	—
Dividend Payout Ratio	7.78	7.57	0	0	7.69	0	0	24.32	31.03	—

*TTM Values as of Jun 2023

(in Rs. Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Gross Sales	394	450	412	529	653	538	591	883	929	—
Less: Excise Duty	10.56	10.64	10.65	4.40	—	—	—	—	—	—
Net Sales	394	450	412	529	653	538	591	883	929	858
Operating Expenses	373	395	383	498	599	494	524	748	767	701
Raw Material	177	180	174	246	300	221	258	393	388	358
Others	0	0	0	0	300	221	258	393	388
Show More
Show Less
Increase/Decrease in Stock	1.69	1.29	-10.78	-19.49	-16.40	11.69	-1.12	-19.87	5.61	-1.50
Other Manufacturing Expenses	57.31	102	100	138	119	84.31	93.10	125	121	—
Employee Cost	68.44	74.28	79.61	90.51	108	106	102	125	131	131
Selling and Distribution Expenses	28.35	1.20	1.25	0.84	35.04	29.30	30.26	71.64	64.44	—
Power & Fuel Cost	21.73	23.65	24.67	28.48	31.41	28.54	28.48	41.18	43.39	—
General and Administration Expenses	13.80	11.81	12.11	13.56	17.24	11.62	8.52	10.21	11.40	—
Miscellaneous Expenses	3.81	1.42	0.93	1.18	5.73	1.52	4.38	1.33	2.45	—
Show More
Show Less
Operating Profit	21.03	54.56	29.02	30.80	53.52	43.88	67.15	135	162	157
Other Income	7.57	4.95	12.50	11.38	6.30	7.67	18.71	42.32	52.51	75.90
Interest	8.96	7.00	6.05	5.76	11.53	11.31	5.03	3.38	3.18	2.44
PBDT	19.65	52.51	35.47	36.41	48.29	40.25	80.83	174	211	230
Depreciation and Amortization	13.48	13.17	14.36	15.26	18.67	24.74	24.82	25.02	26.05	26.17
Profit Before Taxation & Exceptional Items	6.17	39.34	21.10	21.16	29.61	15.51	56.01	149	185	—
Exceptional Income / Expenses	—	0.04	0.24	0.59	—	—	—	—	—	—
Profit Before Tax	6.17	39.38	21.34	21.75	29.61	15.51	56.01	149	185	204
Provision for Taxs	0.13	11.33	4.75	7.15	6.17	-0.26	12.62	27.71	35.55	33.48
Current Income Tax	0.31	8.15	4.56	4.64	5.43	1.90	13.20	29.99	36.96	—
Deferred Tax	-0.57	1.08	-0.90	1.32	1.24	-3.98	-0.58	-1.55	-1.23	—
Other taxes	0	0	0	0	0	0	0	0	0	—
Show More
Show Less
Profit After Tax	6.04	28.05	16.59	14.60	23.44	15.77	43.40	121	150	170
Extra items	0	0	0	0	0	0	0	0	0	0
Minority Interest	—	—	—	—	—	—	—	—	—	—
Share of Associate	—	—	—	—	—	—	—	—	—	—
Net Profit	6.04	28.05	16.59	14.60	23.44	15.77	43.40	121	150	170
Number of shares(Crs)	—	—	—	—	—	—	—	—	4.51	—
Dividend Payout Ratio	36.91	12.07	0	0	22.84	0	0	33.85	42.52	—

*TTM Values as of Jun 2023

(in Rs. Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Gross Sales	782	769	693	842	1,061	907	903	1,227	1,366	—
Less: Excise Duty	10.56	10.64	10.65	4.40	—	—	—	—	—	—
Net Sales	782	769	693	842	1,061	907	903	1,227	1,366	1,303
Operating Expenses	722	681	635	756	923	814	790	974	1,077	1,026
Increase/Decrease in Stock	-1.43	-5.26	2.71	-54.80	-55.96	-3.53	14.71	-99.70	-9.15	5.79
Raw Material	316	282	239	337	428	332	338	501	497	473
Other Manufacturing Expenses	137	177	167	223	204	145	142	183	180	—
Employee Cost	161	160	158	177	222	212	185	220	240	240
Selling and Distribution Expenses	38.62	1.28	1.49	1.44	49.45	39.27	40.86	95.58	86.91	—
Power & Fuel Cost	26.44	28.47	29.00	33.81	37.67	34.25	33.34	47.73	50.95	—
General and Administration Expenses	39.26	33.69	35.85	36.36	32.26	30.98	22.62	24.21	29.14	—
Miscellaneous Expenses	4.01	4.36	1.41	1.79	5.40	24.12	13.57	2.03	3.57	—
Show More
Show Less
Operating Profit	59.88	88.26	57.99	86.18	138	92.92	113	253	289	277
Other Income	1.75	2.02	9.94	14.33	1.91	34.89	51.19	18.28	24.60	15.29
Interest	11.92	10.05	8.66	9.03	18.20	17.97	8.11	5.70	5.97	5.35
PBDT	49.71	80.24	59.27	91.48	122	110	156	266	307	287
Depreciation and Amortization	17.40	18.49	19.77	20.85	30.10	35.44	37.26	36.65	39.03	39.11
Profit Before Taxation & Exceptional Items	32.31	61.75	39.51	70.62	91.55	74.40	119	229	268	—
Exceptional Income / Expenses	—	—	—	—	—	—	—	—	—	—
Profit Before Tax	32.31	61.75	39.51	70.62	91.55	74.40	119	229	268	248
Provision for Taxs	3.64	17.04	12.99	17.09	21.96	11.76	27.35	60.54	63.34	58.28
Current Income Tax	5.98	13.71	10.01	19.52	20.38	12.75	24.66	65.50	66.12	—
Deferred Tax	-2.85	-0.03	0.91	-3.79	2.04	-2.90	2.60	-3.07	-2.26	—
Other taxes	0	0	0	0	0	0	0	0	0	—
Show More
Show Less
Profit After Tax	28.68	44.71	26.52	53.53	69.60	62.64	91.21	169	205	189
Extra items	0	0	0	0	0	0	0	0	0	0
Minority Interest	—	—	—	—	—	—	—	—	—	—
Share of Associate	—	—	—	—	—	—	—	—	—	—
Net Profit	28.68	44.71	26.52	53.53	69.60	62.64	91.21	169	205	189
Number of shares(Crs)	—	—	—	—	—	—	—	—	4.51	—
Dividend Payout Ratio	7.78	7.57	0	0	7.69	0	0	24.32	31.03	—

*TTM Values as of Jun 2023

CASH FLOW

Standalone
Consolidated

(in Rs. Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity	39.74	2.66	34.93	38.45	16.39	6.20	93.02	72.37	55.69	153
Profit Before Tax	15.86	6.17	39.38	21.34	21.75	29.61	15.51	56.01	149	185
Adjustments	21.74	17.06	16.31	19.45	19.68	24.58	29.58	15.62	-3.49	-15.66
OCF Before Working Capital	37.60	23.23	55.69	35.54	41.43	54.19	45.09	71.64	145	169
Working Capital Changes	4.41	-19.88	-10.51	8.56	-19.21	-43.06	51.65	13.94	-60.54	22.37
Taxes Paid	-2.27	-0.70	-10.24	-5.65	-5.83	-4.93	-3.72	-13.20	-29.25	-39.07
Show More
Show Less
Cash from Investing Activity	-29.62	-3.64	-30.82	-19.75	-36.60	-42.78	-22.72	0.24	3.70	20.42
Net Fixed Assets Purchased	-29.77	-8.39	-33.88	-20.12	-36.72	-46.92	-29.11	-10.32	-24.27	-12.82
Fixed Assets Purchased	-30.09	-8.57	-34.05	-20.58	-36.83	-47.87	-29.70	-11.15	-24.61	-13.77
Fixed Assets Sold	0.32	0.17	0.16	0.46	0.12	0.96	0.60	0.83	0.35	0.96
Show More
Show Less
Investment Purchased	—	—	—	—	—	—	—	—	-3	-16.01
Investment Sold	—	—	—	—	—	—	—	—	—	—
Interest Recieved	0.14	0.13	0.76	0.37	0.12	0.39	1.20	0.48	0.87	1.05
Dividends Recieved	—	-4.61	-2.30	—	—	-3.74	-5.18	-10.08	-30.10	-45.73
Subsidiary Investments	—	—	—	—	—	—	—	—	-3	2.47
Show More
Show Less
Cash from Financing Activity	-10.04	-0.08	-4.13	-19.23	21.10	49.59	-74.20	-71.88	-59.76	-149.74
Proceeds From Shares	—	—	—	—	—	—	—	—	—	—
Net Long Term Borrowings	13.37	0	-2.79	-9.48	8.10	22.37	-20.09	-24.34	-3.33	0
Proceeds From Borrowings	30.17	—	7.54	—	16.93	22.37	—	—	—	—
Repayment From Borrowings	-16.80	—	-10.33	-9.48	-8.83	—	-20.09	-24.34	-3.33	—
Show More
Show Less
Interest Paid	-9.53	-7.92	-5.91	-4.97	-4.38	-9.70	-8.79	-4.05	-2.47	-2.27
Dividend Paid	—	-4.51	-3.61	—	—	-4.67	-5.46	—	-40.17	-53.49
Show More
Show Less
Net Cash Flow	0.08	-1.06	-0.02	-0.52	0.89	13.01	-3.90	0.73	-0.37	23.40
Opening Cash & Cash Equivalents	2.77	2.85	1.79	1.77	1.25	2.13	10.29	4.76	5.75	5.13
Effect of FX	—	—	—	—	—	—	—	—	—	—
Closing Cash & Cash Equivalents	2.85	1.79	1.77	1.25	2.14	10.29	4.77	5.75	5.13	28.53
Net Capex (est)	29.77	8.39	33.88	20.12	36.72	46.92	29.11	10.32	24.27	12.82
Free Cash Flow (est)	9.97	-5.73	1.05	18.33	-20.33	-40.71	63.91	62.05	31.42	140

(in Rs. Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity	67.42	22.06	47.76	67.99	-5.63	-5.65	133	153	84.87	253
Profit Before Tax	61.20	32.31	61.75	39.51	70.62	91.55	74.40	119	229	268
Adjustments	11.13	25.50	17.60	22.22	22.24	34.55	30.22	40.86	29.64	32.78
OCF Before Working Capital	72.34	57.81	79.35	61.73	92.87	126	105	159	259	301
Working Capital Changes	2.22	-29.26	-13.18	18.33	-77.62	-111.90	40.21	20.74	-113.55	15.08
Taxes Paid	-7.14	-6.49	-18.41	-12.07	-20.88	-19.85	-11.76	-27.35	-60.54	-63.34
Show More
Show Less
Cash from Investing Activity	-33.13	-14.16	-39.41	-24.27	-41.66	-108.19	-10.11	-15.74	-32.55	-53.61
Net Fixed Assets Purchased	-33.24	-14.30	-40.26	-24.74	-41.85	-108.69	-11.35	-15.27	-34.68	-29.96
Fixed Assets Purchased	-33.99	-14.52	-40.70	-25.22	-42.63	-110.12	-24.47	-16.35	-35.09	-31.77
Fixed Assets Sold	0.74	0.22	0.44	0.48	0.78	1.43	13.13	1.08	0.41	1.81
Show More
Show Less
Investment Purchased	—	—	—	—	—	—	—	-1.25	—	-25.02
Investment Sold	—	—	—	0.01	—	—	—	—	1.25	—
Interest Recieved	0.11	0.13	0.84	0.46	0.19	0.49	1.24	0.78	0.88	1.36
Dividends Recieved	—	—	—	—	—	—	—	—	—	—
Subsidiary Investments	—	—	—	—	—	—	—	—	—	—
Show More
Show Less
Cash from Financing Activity	-42.53	-12.04	2.38	-43.43	46.62	125	-123.21	-141.42	-49.32	-175.25
Proceeds From Shares	—	—	—	—	—	—	—	—	—	—
Net Long Term Borrowings	3.95	0	-1.72	-11.95	6.43	23.22	-25.90	-15.89	-0.86	4.53
Proceeds From Borrowings	30.30	—	—	—	6.43	35	—	—	—	6.61
Repayment From Borrowings	-26.35	—	-1.72	-11.95	—	-11.78	-25.90	-15.89	-0.86	-2.08
Show More
Show Less
Interest Paid	-12.64	-10.31	-8.59	-7.18	-7.26	-15.85	-15.60	-5.36	-4.65	-4.77
Dividend Paid	—	-5.30	-4.09	—	—	-5.44	-6.53	—	-40.49	-53.94
Show More
Show Less
Net Cash Flow	-8.24	-4.14	10.73	0.29	-0.67	11.02	-0.26	-4.41	3.00	23.89
Opening Cash & Cash Equivalents	14.53	7.81	3.61	5.07	5.64	9.15	15.09	16.96	10.82	14.00
Effect of FX	1.53	-0.06	0.20	-0.14	0.25	0.25	0.30	0.85	0.76	1.05
Closing Cash & Cash Equivalents	7.81	3.61	5.07	5.64	9.15	15.09	16.96	10.82	14.00	38.68
Net Capex (est)	33.24	14.30	40.26	24.74	41.85	109	11.35	15.27	34.68	29.96
Free Cash Flow (est)	34.17	7.76	7.50	43.25	-47.47	-114.34	122	137	50.19	223

Cash Flow Analysis

+ Add a Comparison

Increase
Decrease
Total

Ratios

Standalone
Consolidated

= Dominant Factor

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Operational Ratios
Quick Ratio	0.70	0.61	0.70	0.63	0.60	0.60	0.55	0.74	1.00	2.28
Liquid Assets (Crs)	104	102	120	110	133	152	118	147	191	194
Current Liabilities (Crs)	150	167	172	176	223	252	214	199	191	85.24
Show More
Show Less
Current Ratio	1.16	1.10	1.16	1.14	1.11	1.17	1.15	1.42	1.81	4.07
Current Assets (Crs)	173	184	199	200	248	295	246	282	345	347
Current Liabilities (Crs)	150	167	172	176	223	252	214	199	191	85.24
Show More
Show Less
Interest Coverage Ratio	2.48	1.69	6.62	4.53	4.78	3.57	2.37	12.14	45.02	59.13
EBIT (Crs)	26.61	15.13	46.34	27.16	26.92	41.14	26.82	61.04	152	188
Interest Expenses (Crs)	10.75	8.96	7.00	6.05	5.76	11.53	11.31	5.03	3.38	3.18
Show More
Show Less
Fixed Asset Turnover	2.00	1.79	1.79	1.58	3.27	1.92	1.48	1.57	2.21	2.26
Net Sales (Crs)	422	394	450	412	529	653	538	591	883	929
Fixed Assets (Crs)	211	220	252	261	162	340	363	377	399	411
Show More
Show Less
Cash Conversion Cycle	87.51	82.97	67.94	71.48	51.99	58.08	90.43	67.36	48.89	59.79
Inventory Days	66.59	72.98	64.48	74.50	72.21	73.51	92.02	80.87	59.83	60.53
Days Receivable	61.43	67.48	64.61	73.15	59.56	53.90	63.17	62.07	57.28	56.88
Days Payable	40.51	57.49	61.15	76.16	79.77	69.32	64.77	75.58	68.21	57.62
Show More
Show Less
Debt to Equity Ratio	0.64	0.69	0.64	0.55	0.62	0.84	0.63	0.33	0.23	0
Total Debt (Crs)	123	136	141	127	152	222	173	106	91.21	0
Shareholders Equity (Crs)	193	197	221	233	247	266	273	321	403	499
Show More
Show Less
Free Cash Flow/Sales (%)	2.36	-1.46	0.23	4.45	-3.84	-6.23	11.88	10.50	3.56	15.06
Free Cash Flow(est) (Crs)	9.97	-5.73	1.05	18.33	-20.33	-40.71	63.91	62.05	31.42	140
Net Sales (Crs)	422	394	450	412	529	653	538	591	883	929
Show More
Show Less
Show More
Show Less
Profitability Ratios
Op Profit Margin (%)	9.15	7.27	13.22	10.09	7.97	9.16	9.59	14.52	20.10	23.06
Operating Profit (Crs)	38.62	28.60	59.51	41.52	42.17	59.82	51.56	85.86	177	214
Net Sales (Crs)	422	394	450	412	529	653	538	591	883	929
Show More
Show Less
Net Profit Margin (%)	2.15	1.54	6.23	4.03	2.76	3.59	2.93	7.34	13.74	16.09
Net Profit (Crs)	9.07	6.04	28.05	16.59	14.60	23.44	15.77	43.40	121	150
Net Sales (Crs)	422	394	450	412	529	653	538	591	883	929
Show More
Show Less
ROCE (%)	11.05	6.57	18.15	10.53	9.48	12.51	8.40	17.26	35.56	35.56
EBIT (Crs)	26.61	15.13	46.34	27.16	26.92	41.14	26.82	61.04	152	188
Capital Employed (Crs)	241	230	255	258	284	329	319	354	428	529
Show More
Show Less
Return on Assets (%)	2.32	1.52	6.56	3.83	2.88	4.04	2.96	7.85	19.57	24.33
Net Profit (Crs)	9.07	6.04	28.05	16.59	14.60	23.44	15.77	43.40	121	150
Total Assets (Crs)	390	397	428	433	507	581	533	553	620	615
Show More
Show Less
ROIC (%)	8.03	4.43	15.15	5.89	4.85	10.97	7.76	11.49	25.12	25.03
Op Profit after Taxes (Crs)	14.24	7.40	29.48	11.40	10.43	27.59	19.46	32.80	89.57	110
Invested Capital (Crs)	177	167	195	194	215	251	251	285	357	438
Show More
Show Less
ROE (%)	4.69	3.07	12.68	7.13	5.91	8.82	5.78	13.51	30.09	29.99
Net Profit Margin (%)	2.15	1.54	6.23	4.03	2.76	3.59	2.93	7.34	13.74	16.09
Asset Turnover ratio	1.08	0.99	1.05	0.95	1.04	1.12	1.01	1.07	1.42	1.51
Equity Multiplier	2.02	2.02	1.93	1.86	2.05	2.18	1.95	1.72	1.54	1.23
Show More
Show Less
Adjusted EPS	2.06	1.35	6.29	3.72	3.27	5.25	3.53	9.73	27.18	33.51
Show More
Show Less
Valuation Ratios
P/E	0	0	0	0	0	0	0	0	0	16.18
Price to Book	0	0	0	0	0	0	0	0	0	4.86
EV/EBITDA	3.69	6.24	3.09	4.10	4.62	4.29	4.13	1.69	0.74	11.16
Dividend Yield (%)	—	—	—	—	—	—	—	—	—	2.63
Show More
Show Less

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Operational Ratios
Quick Ratio	0.44	0.46	0.50	0.53	0.49	0.51	0.53	0.83	0.87	1.74
Liquid Assets (Crs)	119	130	145	143	171	207	181	212	240	245
Current Liabilities (Crs)	270	279	288	270	347	409	339	256	275	141
Show More
Show Less
Current Ratio	1.21	1.24	1.29	1.37	1.36	1.40	1.57	2.15	2.48	4.95
Current Assets (Crs)	328	347	372	369	471	574	532	551	682	698
Current Liabilities (Crs)	270	279	288	270	347	409	339	256	275	141
Show More
Show Less
Interest Coverage Ratio	5.17	3.71	7.15	5.56	8.82	6.03	5.14	15.62	41.24	45.91
EBIT (Crs)	75.89	44.23	71.80	48.16	79.66	110	92.37	127	235	274
Interest Expenses (Crs)	14.68	11.92	10.05	8.66	9.03	18.20	17.97	8.11	5.70	5.97
Show More
Show Less
Fixed Asset Turnover	2.25	2.06	1.82	1.60	1.85	1.82	1.52	1.52	1.94	2.11
Net Sales (Crs)	816	782	769	693	842	1,061	907	903	1,227	1,366
Fixed Assets (Crs)	363	380	422	432	455	584	599	593	632	648
Show More
Show Less
Cash Conversion Cycle	85.04	76.04	71.72	80.72	65.56	83.35	131	125	88.26	106
Inventory Days	94.87	102	106	118	115	116	145	140	116	120
Days Receivable	35.76	39.94	44.42	51.68	46.70	44.92	53.95	58.68	53.79	46.70
Days Payable	45.58	65.50	78.55	89.34	95.77	77.14	68.01	73.84	81.66	59.91
Show More
Show Less
Debt to Equity Ratio	0.91	0.83	0.78	0.61	0.68	0.82	0.55	0.23	0.19	0.02
Total Debt (Crs)	212	216	230	195	247	346	256	128	127	17.46
Shareholders Equity (Crs)	232	260	294	318	365	422	464	558	685	831
Show More
Show Less
Free Cash Flow/Sales (%)	4.19	0.99	0.98	6.25	-5.64	-10.78	13.42	15.22	4.09	16.31
Free Cash Flow(est) (Crs)	34.17	7.76	7.50	43.25	-47.47	-114.34	122	137	50.19	223
Net Sales (Crs)	816	782	769	693	842	1,061	907	903	1,227	1,366
Show More
Show Less
Show More
Show Less
Profitability Ratios
Op Profit Margin (%)	11.21	7.88	11.74	9.81	11.94	13.19	14.09	18.15	22.13	22.93
Operating Profit (Crs)	91.42	61.63	90.29	67.93	101	140	128	164	272	313
Net Sales (Crs)	816	782	769	693	842	1,061	907	903	1,227	1,366
Show More
Show Less
Net Profit Margin (%)	5.42	3.67	5.82	3.83	6.36	6.56	6.90	10.10	13.75	15.00
Net Profit (Crs)	44.24	28.68	44.71	26.52	53.53	69.60	62.64	91.21	169	205
Net Sales (Crs)	816	782	769	693	842	1,061	907	903	1,227	1,366
Show More
Show Less
ROCE (%)	24.04	13.52	19.88	12.81	18.64	19.96	16.52	19.89	31.08	29.92
EBIT (Crs)	75.89	44.23	71.80	48.16	79.66	110	92.37	127	235	274
Capital Employed (Crs)	316	327	361	376	427	550	559	637	756	916
Show More
Show Less
Return on Assets (%)	7.55	4.73	6.89	4.10	6.92	7.26	6.97	10.21	16.37	19.38
Net Profit (Crs)	44.24	28.68	44.71	26.52	53.53	69.60	62.64	91.21	169	205
Total Assets (Crs)	586	607	649	646	774	958	899	893	1,031	1,057
Show More
Show Less
ROIC (%)	18.24	12.59	14.99	7.22	12.44	15.94	9.21	9.55	22.16	22.11
Op Profit after Taxes (Crs)	53.84	37.70	50.52	25.66	49.52	81.98	48.39	58.07	160	191
Invested Capital (Crs)	295	299	337	355	398	514	526	608	720	862
Show More
Show Less
ROE (%)	19.06	11.04	15.20	8.34	14.69	16.49	13.50	16.34	24.63	24.67
Net Profit Margin (%)	5.42	3.67	5.82	3.83	6.36	6.56	6.90	10.10	13.75	15.00
Asset Turnover ratio	1.39	1.29	1.18	1.07	1.09	1.11	1.01	1.01	1.19	1.29
Equity Multiplier	2.53	2.33	2.21	2.03	2.12	2.27	1.94	1.60	1.50	1.27
Show More
Show Less
Adjusted EPS	10.03	6.43	10.02	5.94	12.00	15.60	14.04	20.44	37.83	45.92
Show More
Show Less
Valuation Ratios
P/E	0	0	0	0	0	0	0	0	0	11.81
Price to Book	0	0	0	0	0	0	0	0	0	2.92
EV/EBITDA	2.48	4.17	2.99	3.44	2.81	2.68	2.22	0.99	0.58	7.66
Dividend Yield (%)	—	—	—	—	—	—	—	—	—	2.63
Show More
Show Less

Quarterly Results

Standalone
Consolidated

(in Rs. Cr.)	Dec 2021	Mar 2022	Jun 2022	Dec 2022	Mar 2023	Jun 2023
Net Sales	244	226	227	236	216	179
Operating Expenses	200	191	191	188	178	145
Increase/Decrease in Stock	-7.16	6.52	-13.45	10.53	12.95	-11.54
Raw Material	109	88.27	108	89.47	79.04	82.23
Employee Cost	31.43	33.21	33.09	33.51	32.16	31.97
Selling and Distribution Expenses	0	0	0	0	0	0
Electricity, Power & Fuel Cost	0	0	0	0	0	0
Gen_AdminExpenses	0	0	0	0	0	0
Miscellaneous Expenses	0	0	0	0	0	0
Show More
Show Less
Operating Profit	43.28	34.42	36.64	47.87	38.48	33.57
Other Income	1.17	25.37	16.60	0.81	30.65	27.85
Interest	0.86	0.82	0.76	0.91	0.50	0.27
PBDT	43.60	58.97	52.48	47.76	68.63	61.15
Depreciation and Amortization	6.31	6.30	6.40	6.62	6.55	6.60
Profit Before Tax	37.29	52.67	46.08	41.14	62.08	54.55
Tax	9.24	4.65	7.54	11.11	7.72	7.10
Profit After Tax	28.05	48.02	38.54	30.03	54.36	47.45
Extra items	0	0	0	0	0	0
Net Profit	28.05	48.02	38.54	30.03	54.36	47.45
Quarterly Ratios
EPS	6.22	10.76	8.64	6.65	12.18	10.63
Operating Profit Margin	17.76	15.25	16.11	20.31	17.81	18.79
Net Profit Margin	11.51	21.28	16.95	12.74	25.16	26.55
Show More
Show Less

(in Rs. Cr.)	Dec 2021	Mar 2022	Jun 2022	Dec 2022	Mar 2023	Jun 2023
Net Sales	303	347	347	331	328	297
Operating Expenses	236	277	272	252	265	237
Increase/Decrease in Stock	-47.74	12.42	-16.47	-0.43	20.65	2.03
Raw Material	136	115	140	115	105	113
Employee Cost	54.44	59.10	58.73	60.45	60.67	60.10
Selling and Distribution Expenses	0	0	0	0	0	0
Electricity, Power & Fuel Cost	0	0	0	0	0	0
Gen_AdminExpenses	0	0	0	0	0	0
Miscellaneous Expenses	0	0	0	0	0	0
Show More
Show Less
Operating Profit	66.83	70.00	75.20	78.89	63.30	59.31
Other Income	2.29	0.32	0.92	6.64	6.85	0.88
Interest	1.45	1.47	1.34	1.64	1.23	1.14
PBDT	67.68	68.84	74.77	83.89	68.92	59.05
Depreciation and Amortization	9.18	9.48	9.59	10.09	9.48	9.95
Profit Before Tax	58.50	59.36	65.19	73.80	59.44	49.11
Tax	14.58	14.05	14.67	17.49	14.12	12.00
Profit After Tax	43.92	45.31	50.52	56.31	45.31	37.11
Extra items	0	0	0	0	0	0
Net Profit	43.92	45.31	50.52	56.31	45.31	37.11
Quarterly Ratios
EPS	9.73	10.16	11.32	12.48	10.15	8.32
Operating Profit Margin	22.09	20.20	21.68	23.82	19.28	19.98
Net Profit Margin	14.52	13.08	14.56	17	13.80	12.50
Show More
Show Less

Reverse DCF

Earnings

(Cr)

Discount Rate (%)

5 YEAR

Terminal Multiple

Implied Growth Rate over a 5 year period*

10 YEAR

Terminal Multiple

Implied Growth Rate over a 10 year period*

20 YEAR

Terminal Multiple

Implied Growth Rate over a 20 year period*

*Implied Growth calculated using Newton-Rhapson method.

Learn how to use Reverse DCF

Data feed provided by Accord Fintech