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- AUTOMOTIVE AXLES - ZF STEERING
AUTOMOTIVE AXLES vs ZF STEERING - 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
ZF STEERING 
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
Current Valuations
| AUTOMOTIVE AXLES | ZF STEERING | AUTOMOTIVE AXLES/ ZF STEERING |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 11.3 | -17.7 | - | View Chart |
| P/BV | x | 2.5 | 1.0 | 238.4% | View Chart |
| Dividend Yield | % | 2.3 | 0.0 | - |
Financials
 AUTOMOTIVE AXLES  ZF STEERING |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| AUTOMOTIVE AXLES Mar-19 |
ZF STEERING Mar-19 |
AUTOMOTIVE AXLES/ ZF STEERING |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 1,688 | 1,270 | 132.9% | |
| Low | Rs | 991 | 653 | 151.8% | |
| Sales per share (Unadj.) | Rs | 1,292.7 | 484.5 | 266.8% | |
| Earnings per share (Unadj.) | Rs | 81.0 | 48.4 | 167.5% | |
| Cash flow per share (Unadj.) | Rs | 111.8 | 82.6 | 135.4% | |
| Dividends per share (Unadj.) | Rs | 20.00 | 0 | - | |
| Dividend yield (eoy) | % | 1.5 | 0 | - | |
| Book value per share (Unadj.) | Rs | 359.0 | 369.7 | 97.1% | |
| Shares outstanding (eoy) | m | 15.00 | 9.07 | 165.4% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 1.0 | 2.0 | 52.2% | |
| Avg P/E ratio | x | 16.5 | 19.9 | 83.2% | |
| P/CF ratio (eoy) | x | 12.0 | 11.6 | 102.9% | |
| Price / Book Value ratio | x | 3.7 | 2.6 | 143.5% | |
| Dividend payout | % | 24.7 | 0 | - | |
| Avg Mkt Cap | Rs m | 20,093 | 8,721 | 230.4% | |
| No. of employees | `000 | 1.1 | 0.4 | 259.3% | |
| Total wages/salary | Rs m | 1,235 | 515 | 239.9% | |
| Avg. sales/employee | Rs Th | 18,466.7 | 10,849.9 | 170.2% | |
| Avg. wages/employee | Rs Th | 1,176.2 | 1,271.1 | 92.5% | |
| Avg. net profit/employee | Rs Th | 1,157.6 | 1,083.2 | 106.9% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 19,390 | 4,394 | 441.3% | |
| Other income | Rs m | 30 | 89 | 33.7% | |
| Total revenues | Rs m | 19,420 | 4,483 | 433.2% | |
| Gross profit | Rs m | 2,291 | 555 | 412.6% | |
| Depreciation | Rs m | 462 | 310 | 148.9% | |
| Interest | Rs m | 6 | 19 | 30.9% | |
| Profit before tax | Rs m | 1,853 | 315 | 589.2% | |
| Minority Interest | Rs m | 0 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 638 | -124 | -513.4% | |
| Profit after tax | Rs m | 1,216 | 439 | 277.1% | |
| Gross profit margin | % | 11.8 | 12.6 | 93.5% | |
| Effective tax rate | % | 34.4 | -39.5 | -87.1% | |
| Net profit margin | % | 6.3 | 10.0 | 62.8% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 6,437 | 1,366 | 471.2% | |
| Current liabilities | Rs m | 3,213 | 960 | 334.8% | |
| Net working cap to sales | % | 16.6 | 9.2 | 179.8% | |
| Current ratio | x | 2.0 | 1.4 | 140.8% | |
| Inventory Days | Days | 35 | 33 | 103.8% | |
| Debtors Days | Days | 65 | 64 | 101.6% | |
| Net fixed assets | Rs m | 2,243 | 1,372 | 163.5% | |
| Share capital | Rs m | 151 | 91 | 166.6% | |
| "Free" reserves | Rs m | 5,233 | 3,262 | 160.4% | |
| Net worth | Rs m | 5,384 | 3,353 | 160.6% | |
| Long term debt | Rs m | 659 | 210 | 314.6% | |
| Total assets | Rs m | 9,333 | 4,541 | 205.5% | |
| Interest coverage | x | 309.9 | 17.2 | 1,800.3% | |
| Debt to equity ratio | x | 0.1 | 0.1 | 195.9% | |
| Sales to assets ratio | x | 2.1 | 1.0 | 214.7% | |
| Return on assets | % | 13.1 | 10.1 | 129.7% | |
| Return on equity | % | 22.6 | 13.1 | 172.5% | |
| Return on capital | % | 30.8 | 9.4 | 328.2% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 8.0 | 0.0% | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | 353 | 0.0% | |
| Fx inflow | Rs m | 0 | 91 | 0.0% | |
| Fx outflow | Rs m | 0 | 18 | 0.0% | |
| Net fx | Rs m | 0 | 73 | 0.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 977 | 722 | 135.5% | |
| From Investments | Rs m | -1,492 | -420 | 355.1% | |
| From Financial Activity | Rs m | 470 | -287 | -163.7% | |
| Net Cashflow | Rs m | -45 | 14 | -317.7% | |
Share Holding
| 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: NRB BEARINGS EXIDE INDUSTRIES BOSCH CASTEX TECHNOLOGIES HIMADRI SPECIALITY CHEMICAL LTD
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ZF STEERING Announces Quarterly Results (2QFY20); Net Profit Down 109.3% (Quarterly Result Update)
Oct 17, 2019 | Updated on Oct 17, 2019For the quarter ended September 2019, ZF STEERING has posted a net profit of Rs 8 m (down 109.3% YoY). Sales on the other hand came in at Rs 669 m (down 38.5% YoY). Read on for a complete analysis of ZF STEERING's quarterly results.
AUTOMOTIVE AXLES 2018-19 Annual Report Analysis (Annual Result Update)
Sep 16, 2019 | Updated on Sep 16, 2019Here's an analysis of the annual report of AUTOMOTIVE AXLES for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of AUTOMOTIVE AXLES. Also includes updates on the valuation of AUTOMOTIVE AXLES.
AUTOMOTIVE AXLES Announces Quarterly Results (1QFY20); Net Profit Down 15.1% (Quarterly Result Update)
Aug 20, 2019 | Updated on Aug 20, 2019For the quarter ended June 2019, AUTOMOTIVE AXLES has posted a net profit of Rs 246 m (down 15.1% YoY). Sales on the other hand came in at Rs 4 bn (down 11.7% YoY). Read on for a complete analysis of AUTOMOTIVE AXLES's quarterly results.
ZF STEERING Announces Quarterly Results (1QFY20); Net Profit Down 50.8% (Quarterly Result Update)
Aug 1, 2019 | Updated on Aug 1, 2019For the quarter ended June 2019, ZF STEERING has posted a net profit of Rs 86 m (down 50.8% YoY). Sales on the other hand came in at Rs 961 m (down 16.3% YoY). Read on for a complete analysis of ZF STEERING's quarterly results.
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Jun 13, 2019 | Updated on Jun 13, 2019For the quarter ended March 2019, ZF STEERING has posted a net profit of Rs 363 m (down 345.1% YoY). Sales on the other hand came in at Rs 1 bn (down 9.3% YoY). Read on for a complete analysis of ZF STEERING's quarterly results.
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