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Compare AUTOMOTIVE AXLES with Bharat Forge - Equitymaster

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AUTOMOTIVE AXLES vs BHARAT FORGE - Comparison Results

AUTOMOTIVE AXLES    Change

Established in 1981, Automotive Axles Limited (AAL) is a joint venture between the Kalyani Group and Meritor Inc., USA (formerly the automotive division of Rockwell International Corporation). The company has manufacturing facilities located at

BHARAT FORGE 
   Change

Bharat Forge (BFRG) is the second largest forging company in the world with operations at 11 locations in 5 countries. It is the largest exporter of auto components from India and a world leading manufacturer of chassis component. It manufacturers

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Current Valuations

    AUTOMOTIVE AXLES BHARAT FORGE AUTOMOTIVE AXLES/
BHARAT FORGE
 
P/E (TTM) x 22.2 41.6 53.4% View Chart
P/BV x 5.0 7.2 69.4% View Chart
Dividend Yield % 0.6 0.4 164.0%  

Financials

 AUTOMOTIVE AXLES   BHARAT FORGE
EQUITY SHARE DATA
    AUTOMOTIVE AXLES
Mar-17
BHARAT FORGE
Mar-17
AUTOMOTIVE AXLES/
BHARAT FORGE
5-Yr Chart
Click to enlarge
High Rs7801,094 71.3%   
Low Rs561687 81.7%   
Sales per share (Unadj.) Rs759.0283.4 267.8%  
Earnings per share (Unadj.) Rs32.230.5 105.3%  
Cash flow per share (Unadj.) Rs58.349.9 116.7%  
Dividends per share (Unadj.) Rs8.002.50 320.0%  
Dividend yield (eoy) %1.20.3 424.9%  
Book value per share (Unadj.) Rs248.7176.8 140.6%  
Shares outstanding (eoy) m15.11232.79 6.5%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x0.93.1 28.1%   
Avg P/E ratio x20.929.2 71.5%  
P/CF ratio (eoy) x11.517.8 64.6%  
Price / Book Value ratio x2.75.0 53.5%  
Dividend payout %24.98.2 303.9%   
Avg Mkt Cap Rs m10,131207,276 4.9%   
No. of employees `0000.4NA-   
Total wages/salary Rs m8239,309 8.8%   
Avg. sales/employee Rs Th30,828.8NM-  
Avg. wages/employee Rs Th2,212.6NM-  
Avg. net profit/employee Rs Th1,305.9NM-  
INCOME DATA
Net Sales Rs m11,46865,982 17.4%  
Other income Rs m201,193 1.7%   
Total revenues Rs m11,48867,174 17.1%   
Gross profit Rs m1,12212,511 9.0%  
Depreciation Rs m3954,521 8.7%   
Interest Rs m91,000 0.9%   
Profit before tax Rs m7398,183 9.0%   
Minority Interest Rs m00-   
Prior Period Items Rs m0131 0.0%   
Extraordinary Inc (Exp) Rs m01,284 0.0%   
Tax Rs m2532,492 10.1%   
Profit after tax Rs m4867,107 6.8%  
Gross profit margin %9.819.0 51.6%  
Effective tax rate %34.230.4 112.4%   
Net profit margin %4.210.8 39.3%  
BALANCE SHEET DATA
Current assets Rs m3,95542,201 9.4%   
Current liabilities Rs m1,81832,062 5.7%   
Net working cap to sales %18.615.4 121.2%  
Current ratio x2.21.3 165.2%  
Inventory Days Days3159 52.9%  
Debtors Days Days7474 99.3%  
Net fixed assets Rs m1,62637,303 4.4%   
Share capital Rs m151466 32.4%   
"Free" reserves Rs m3,60740,698 8.9%   
Net worth Rs m3,75841,164 9.1%   
Long term debt Rs m010,591 0.0%   
Total assets Rs m5,63688,407 6.4%  
Interest coverage x83.19.2 904.2%   
Debt to equity ratio x00.3 0.0%  
Sales to assets ratio x2.00.7 272.6%   
Return on assets %8.89.2 95.7%  
Return on equity %12.917.3 74.9%  
Return on capital %19.920.5 97.1%  
Exports to sales %00-   
Imports to sales %00-   
Exports (fob) Rs mNANA-   
Imports (cif) Rs mNANA-   
Fx inflow Rs m019,577 0.0%   
Fx outflow Rs m3373,081 10.9%   
Net fx Rs m-33716,496 -2.0%   
CASH FLOW
From Operations Rs m97110,517 9.2%  
From Investments Rs m-225-6,844 3.3%  
From Financial Activity Rs m-398-4,007 9.9%  
Net Cashflow Rs m348-856 -40.6%  

Share Holding

Indian Promoters % 35.5 46.7 76.0%  
Foreign collaborators % 35.5 0.0 -  
Indian inst/Mut Fund % 12.5 16.9 74.0%  
FIIs % 0.1 13.7 0.7%  
ADR/GDR % 0.0 0.0 -  
Free float % 16.4 22.7 72.2%  
Shareholders   8,280 51,211 16.2%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare AUTOMOTIVE AXLES With:   HIMADRI SPECIALITY CHEMICAL LTD  AMARA RAJA BATT.  SKF INDIA  GABRIEL (I)  MOTHERSON SUMI  



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