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ChangeEstablished 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
ZF Steering Gear started in 1981 to manufacture Mechanical - worm & roller and integral hydraulic power steering gears in financial and technical collaboration with ZF Friedrichafen AG Germany, the world's largest independent steering gears
| AUTOMOTIVE AXLES | ZF STEERING | AUTOMOTIVE AXLES/ ZF STEERING |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 22.6 | 23.0 | 98.2% | View Chart |
| P/BV | x | 3.4 | 4.7 | 71.0% | View Chart |
| Dividend Yield | % | 0.8 | 1.1 | 70.6% |
 AUTOMOTIVE AXLES  ZF STEERING |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| AUTOMOTIVE AXLES Mar-16 |
ZF STEERING Mar-16 |
AUTOMOTIVE AXLES/ ZF STEERING |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 830 | 2,118 | 39.2% | |
| Low | Rs | 510 | 975 | 52.3% | |
| Sales per share (Unadj.) | Rs | 718.7 | 467.5 | 153.7% | |
| Earnings per share (Unadj.) | Rs | 23.0 | 28.0 | 82.3% | |
| Cash flow per share (Unadj.) | Rs | 49.1 | 61.0 | 80.5% | |
| Dividends per share (Unadj.) | Rs | 5.50 | 12.50 | 44.0% | |
| Dividend yield (eoy) | % | 0.8 | 0.8 | 101.6% | |
| Book value per share (Unadj.) | Rs | 216.5 | 246.7 | 87.8% | |
| Shares outstanding (eoy) | m | 15.11 | 9.07 | 166.6% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 0.9 | 3.3 | 28.2% | |
| Avg P/E ratio | x | 29.1 | 55.3 | 52.7% | |
| P/CF ratio (eoy) | x | 13.6 | 25.3 | 53.8% | |
| Price / Book Value ratio | x | 3.1 | 6.3 | 49.4% | |
| Dividend payout | % | 23.9 | 44.7 | 53.5% | |
| Avg Mkt Cap | Rs m | 10,124 | 14,027 | 72.2% | |
| No. of employees | `000 | 0.4 | 0.6 | 63.7% | |
| Total wages/salary | Rs m | 798 | 466 | 171.1% | |
| Avg. sales/employee | Rs Th | 30,165.7 | 7,504.1 | 402.0% | |
| Avg. wages/employee | Rs Th | 2,217.2 | 825.5 | 268.6% | |
| Avg. net profit/employee | Rs Th | 965.8 | 449.0 | 215.1% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 10,860 | 4,240 | 256.1% | |
| Other income | Rs m | 16 | 62 | 25.4% | |
| Total revenues | Rs m | 10,875 | 4,302 | 252.8% | |
| Gross profit | Rs m | 947 | 634 | 149.4% | |
| Depreciation | Rs m | 394 | 300 | 131.6% | |
| Interest | Rs m | 54 | 18 | 302.3% | |
| Profit before tax | Rs m | 515 | 379 | 136.1% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 168 | 125 | 134.1% | |
| Profit after tax | Rs m | 348 | 254 | 137.1% | |
| Gross profit margin | % | 8.7 | 15.0 | 58.3% | |
| Effective tax rate | % | 32.5 | 33.0 | 98.6% | |
| Net profit margin | % | 3.2 | 6.0 | 53.5% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 3,410 | 1,206 | 282.6% | |
| Current liabilities | Rs m | 1,894 | 1,002 | 189.0% | |
| Net working cap to sales | % | 14.0 | 4.8 | 289.7% | |
| Current ratio | x | 1.8 | 1.2 | 149.5% | |
| Inventory Days | Days | 37 | 25 | 146.8% | |
| Debtors Days | Days | 67 | 56 | 118.4% | |
| Net fixed assets | Rs m | 1,773 | 1,356 | 130.7% | |
| Share capital | Rs m | 151 | 91 | 166.6% | |
| "Free" reserves | Rs m | 3,121 | 2,143 | 145.6% | |
| Net worth | Rs m | 3,272 | 2,238 | 146.2% | |
| Long term debt | Rs m | 0 | 79 | 0.0% | |
| Total assets | Rs m | 5,268 | 3,372 | 156.2% | |
| Interest coverage | x | 10.6 | 22.4 | 47.5% | |
| Debt to equity ratio | x | 0 | 0 | 0.0% | |
| Sales to assets ratio | x | 2.1 | 1.3 | 163.9% | |
| Return on assets | % | 7.6 | 8.0 | 94.6% | |
| Return on equity | % | 10.6 | 11.3 | 93.7% | |
| Return on capital | % | 17.4 | 17.1 | 101.6% | |
| Exports to sales | % | 0 | 1.3 | 0.0% | |
| Imports to sales | % | 2.1 | 7.7 | 27.1% | |
| Exports (fob) | Rs m | NA | 57 | 0.0% | |
| Imports (cif) | Rs m | 226 | 326 | 69.4% | |
| Fx inflow | Rs m | 0 | 57 | 0.0% | |
| Fx outflow | Rs m | 232 | 389 | 59.7% | |
| Net fx | Rs m | -232 | -332 | 69.9% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 569 | 523 | 108.8% | |
| From Investments | Rs m | -253 | -446 | 56.7% | |
| From Financial Activity | Rs m | -349 | -141 | 248.6% | |
| Net Cashflow | Rs m | -33 | -64 | 52.1% | |
| Indian Promoters | % | 35.5 | 47.9 | 74.1% | |
| Foreign collaborators | % | 35.5 | 25.8 | 137.6% | |
| Indian inst/Mut Fund | % | 12.5 | 0.1 | 12,500.0% | |
| FIIs | % | 0.1 | 0.1 | 100.0% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 16.4 | 26.2 | 62.6% | |
| Shareholders | 8,280 | 7,851 | 105.5% | ||
| Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare AUTOMOTIVE AXLES With: DENSO INDIA AMTEK AUTO FAG BEARINGS SWARAJ ENGINES SONA KOYO STEER
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