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Akar Auto Indust

  • Market Cap: Micro Cap
  • Industry: Engineering
  • ISIN: INE864E01021
  • NSEID:
  • BSEID: 530621
INR
98.50
-0.4 (-0.4%)
BSENSE

Apr 11, 12:52 PM

BSE+NSE Vol: 985

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

985 (-63.96%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

73.06%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

High Debt company with Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of 11.99% and Operating profit at 18.13% over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.39
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Engineering

stock-summary
Market cap

INR 109 Cr (Micro Cap)

stock-summary
P/E

17.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.61%

stock-summary
Debt Equity

1.51

stock-summary
Return on Equity

12.90%

stock-summary
Price to Book

2.23

Revenue and Profits (1 Year):
Net Sales:
92 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.61%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-14.24%
0%
-14.24%
1 Year
-18.93%
0.53%
-18.4%
2 Years
32.23%
1.41%
33.64%
3 Years
45.39%
2.74%
48.13%
4 Years
448.75%
7.80%
456.55%
5 Years
519.5%
9.74%
529.24%

Latest dividend: 0.6 per share ex-dividend date: Sep-23-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
11.99%
EBIT Growth (5y)
18.13%
EBIT to Interest (avg)
1.39
Debt to EBITDA (avg)
5.24
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.78
Tax Ratio
37.00%
Dividend Payout Ratio
7.84%
Pledged Shares
3.62%
Institutional Holding
0
ROCE (avg)
12.75%
ROE (avg)
11.35%
Valuation key factors
Factor
Value
P/E Ratio
17
Industry P/E
28
Price to Book Value
2.23
EV to EBIT
7.84
EV to EBITDA
6.49
EV to Capital Employed
1.49
EV to Sales
0.47
PEG Ratio
NA
Dividend Yield
0.61%
ROCE (Latest)
18.54%
ROE (Latest)
12.90%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

3.6236

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Usha Gupta (20.72%)

Highest Public shareholder

Mahendra Girdharilal Wadhwani (1.03%)

Individual Investors Holdings

21.66%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -3.88% vs 1.07% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -0.54% vs 19.48% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "92.24",
          "val2": "95.96",
          "chgp": "-3.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "7.18",
          "val2": "7.33",
          "chgp": "-2.05%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.37",
          "val2": "3.28",
          "chgp": "2.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.83",
          "val2": "1.84",
          "chgp": "-0.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.78%",
          "val2": "7.64%",
          "chgp": "0.14%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 2.90% vs 8.50% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 29.01% vs 5.65% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "190.91",
          "val2": "185.53",
          "chgp": "2.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "13.68",
          "val2": "10.72",
          "chgp": "27.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.18",
          "val2": "4.69",
          "chgp": "31.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.38",
          "val2": "2.62",
          "chgp": "29.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.17%",
          "val2": "5.78%",
          "chgp": "1.39%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 1.42% vs 5.20% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 14.76% vs 11.27% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "283.15",
          "val2": "279.19",
          "chgp": "1.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.86",
          "val2": "17.18",
          "chgp": "21.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.55",
          "val2": "7.47",
          "chgp": "27.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "5.21",
          "val2": "4.54",
          "chgp": "14.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.37%",
          "val2": "6.15%",
          "chgp": "1.22%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 1.84% vs 36.60% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -20.20% vs 0.00% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "373.82",
          "val2": "367.07",
          "chgp": "1.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.89",
          "val2": "22.21",
          "chgp": "7.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "11.18",
          "val2": "10.04",
          "chgp": "11.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "5.49",
          "val2": "6.88",
          "chgp": "-20.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.39%",
          "val2": "6.05%",
          "chgp": "0.34%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
92.24
95.96
-3.88%
Operating Profit (PBDIT) excl Other Income
7.18
7.33
-2.05%
Interest
3.37
3.28
2.74%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.83
1.84
-0.54%
Operating Profit Margin (Excl OI)
7.78%
7.64%
0.14%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -3.88% vs 1.07% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -0.54% vs 19.48% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
190.91
185.53
2.90%
Operating Profit (PBDIT) excl Other Income
13.68
10.72
27.61%
Interest
6.18
4.69
31.77%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.38
2.62
29.01%
Operating Profit Margin (Excl OI)
7.17%
5.78%
1.39%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 2.90% vs 8.50% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 29.01% vs 5.65% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
283.15
279.19
1.42%
Operating Profit (PBDIT) excl Other Income
20.86
17.18
21.42%
Interest
9.55
7.47
27.84%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.21
4.54
14.76%
Operating Profit Margin (Excl OI)
7.37%
6.15%
1.22%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 1.42% vs 5.20% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 14.76% vs 11.27% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
373.82
367.07
1.84%
Operating Profit (PBDIT) excl Other Income
23.89
22.21
7.56%
Interest
11.18
10.04
11.35%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.49
6.88
-20.20%
Operating Profit Margin (Excl OI)
6.39%
6.05%
0.34%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 1.84% vs 36.60% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -20.20% vs 0.00% in Mar 2023

stock-summaryCompany CV
About Akar Auto Industries Ltd stock-summary
stock-summary
Akar Auto Industries Ltd
Micro Cap
Engineering
Akar Auto Industries Limited (the erstwhile Akar Tools Ltd.), an ISO 9001-2000 company, is the forward integrated enterprise of the R. L. Group of Industries. Akar Auto Industries Limited was incorporated in 1989. The Company is in the business of manufacturing hand tools, auto leaf spring, parabolic springs & commercial automotive forging & has its manufacturing facilities in and around Aurangabad in Maharashtra.
Company Coordinates stock-summary
Company Details
304 Abhay Steel House, Carnac Bunder Baroda Street Mumbai Maharashtra : 400009
stock-summary
Tel:
stock-summary
corporate@akartoolsltd.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai