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
Motherson Sumi Systems Limited (MSSL), the flagship company of the Sumi Motherson Group, is a joint venture between Sumitomo Wiring Systems (Japan), Sojitz Corporation (Japan) and Motherson Group. MSSL is the largest producer of automotive wiring har... More
BHARAT FORGE | MOTHERSON SUMI | BHARAT FORGE/ MOTHERSON SUMI |
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---|---|---|---|---|---|
P/E (TTM) | x | 407.2 | -136.7 | - | View Chart |
P/BV | x | 5.3 | 4.6 | 116.3% | View Chart |
Dividend Yield | % | 0.6 | 0.9 | 62.1% |
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EQUITY SHARE DATA | |||||
---|---|---|---|---|---|
BHARAT FORGE Mar-20 |
MOTHERSON SUMI Mar-19 |
BHARAT FORGE/ MOTHERSON SUMI |
5-Yr Chart Click to enlarge
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High | Rs | 533 | 359 | 148.5% | |
Low | Rs | 230 | 128 | 180.6% | |
Sales per share (Unadj.) | Rs | 173.0 | 201.2 | 86.0% | |
Earnings per share (Unadj.) | Rs | 7.5 | 6.6 | 112.9% | |
Cash flow per share (Unadj.) | Rs | 19.3 | 13.2 | 146.4% | |
Dividends per share (Unadj.) | Rs | 3.50 | 1.50 | 233.3% | |
Dividend yield (eoy) | % | 0.9 | 0.6 | 148.7% | |
Book value per share (Unadj.) | Rs | 112.1 | 34.7 | 322.9% | |
Shares outstanding (eoy) | m | 465.59 | 3,157.93 | 14.7% | |
Bonus/Rights/Conversions | - | B | - | ||
Price / Sales ratio | x | 2.2 | 1.2 | 182.4% | |
Avg P/E ratio | x | 50.9 | 36.6 | 139.0% | |
P/CF ratio (eoy) | x | 19.8 | 18.5 | 107.2% | |
Price / Book Value ratio | x | 3.4 | 7.0 | 48.6% | |
Dividend payout | % | 46.7 | 22.6 | 206.7% | |
Avg Mkt Cap | Rs m | 177,716 | 768,324 | 23.1% | |
No. of employees | `000 | 5.2 | 10.7 | 48.4% | |
Total wages/salary | Rs m | 11,955 | 141,694 | 8.4% | |
Avg. sales/employee | Rs Th | 15,633.3 | 59,617.9 | 26.2% | |
Avg. wages/employee | Rs Th | 2,319.9 | 13,298.4 | 17.4% | |
Avg. net profit/employee | Rs Th | 677.8 | 1,969.1 | 34.4% |
INCOME DATA | |||||
---|---|---|---|---|---|
Net Sales | Rs m | 80,558 | 635,229 | 12.7% | |
Other income | Rs m | 1,879 | 2,202 | 85.3% | |
Total revenues | Rs m | 82,437 | 637,431 | 12.9% | |
Gross profit | Rs m | 11,147 | 53,484 | 20.8% | |
Depreciation | Rs m | 5,477 | 20,582 | 26.6% | |
Interest | Rs m | 1,713 | 4,232 | 40.5% | |
Profit before tax | Rs m | 5,835 | 30,872 | 18.9% | |
Minority Interest | Rs m | -429 | 1,131 | -37.9% | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | -789 | 0 | - | |
Tax | Rs m | 1,125 | 11,022 | 10.2% | |
Profit after tax | Rs m | 3,493 | 20,981 | 16.6% | |
Gross profit margin | % | 13.8 | 8.4 | 164.3% | |
Effective tax rate | % | 19.3 | 35.7 | 54.0% | |
Net profit margin | % | 4.3 | 3.3 | 131.3% |
BALANCE SHEET DATA | |||||
---|---|---|---|---|---|
Current assets | Rs m | 52,711 | 199,496 | 26.4% | |
Current liabilities | Rs m | 39,674 | 188,906 | 21.0% | |
Net working cap to sales | % | 16.2 | 1.7 | 970.7% | |
Current ratio | x | 1.3 | 1.1 | 125.8% | |
Inventory Days | Days | 79 | 27 | 293.3% | |
Debtors Days | Days | 68 | 35 | 191.0% | |
Net fixed assets | Rs m | 52,666 | 152,306 | 34.6% | |
Share capital | Rs m | 931 | 3,158 | 29.5% | |
"Free" reserves | Rs m | 51,266 | 106,469 | 48.2% | |
Net worth | Rs m | 52,197 | 109,627 | 47.6% | |
Long term debt | Rs m | 18,747 | 80,995 | 23.1% | |
Total assets | Rs m | 115,628 | 433,302 | 26.7% | |
Interest coverage | x | 4.4 | 8.3 | 53.1% | |
Debt to equity ratio | x | 0.4 | 0.7 | 48.6% | |
Sales to assets ratio | x | 0.7 | 1.5 | 47.5% | |
Return on assets | % | 4.5 | 5.8 | 77.4% | |
Return on equity | % | 6.7 | 19.1 | 35.0% | |
Return on capital | % | 8.9 | 19.0 | 46.9% | |
Exports to sales | % | 0 | 1.6 | 0.0% | |
Imports to sales | % | 0 | 0 | - | |
Exports (fob) | Rs m | NA | 9,944 | 0.0% | |
Imports (cif) | Rs m | NA | NA | - | |
Fx inflow | Rs m | 26,753 | 11,073 | 241.6% | |
Fx outflow | Rs m | 5,481 | 30,702 | 17.9% | |
Net fx | Rs m | 21,272 | -19,629 | -108.4% |
CASH FLOW | |||||
---|---|---|---|---|---|
From Operations | Rs m | 15,220 | 43,124 | 35.3% | |
From Investments | Rs m | -11,322 | -33,105 | 34.2% | |
From Financial Activity | Rs m | -3,814 | -2,246 | 169.8% | |
Net Cashflow | Rs m | 264 | 7,773 | 3.4% |
Indian Promoters | % | 46.7 | 37.5 | 124.5% | |
Foreign collaborators | % | 0.0 | 28.1 | - | |
Indian inst/Mut Fund | % | 16.9 | 5.8 | 291.9% | |
FIIs | % | 13.7 | 16.7 | 82.0% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 22.7 | 12.0 | 189.2% | |
Shareholders | 51,211 | 49,643 | 103.2% | ||
Pledged promoter(s) holding | % | 0.0 | 10.2 | - |
Compare BHARAT FORGE With: ZF STEERING WABCO INDIA MUNJAL SHOWA HIMADRI SPECIALITY CHEMICAL AUTOMOTIVE AXLES
Share markets in India are presently trading on a strong note. The BSE Sensex is trading up by 642 points, up 1.3% at 49,206 levels.
Here's an analysis of the annual report of BHARAT FORGE for 2019-20. It includes a full income statement, balance sheet and cash flow analysis of BHARAT FORGE. Also includes updates on the valuation of BHARAT FORGE.
For the quarter ended March 2020, MOTHERSON SUMI has posted a net profit of Rs 1 bn (down 66.4% YoY). Sales on the other hand came in at Rs 152 bn (down 11.7% YoY). Read on for a complete analysis of MOTHERSON SUMI's quarterly results.
For the quarter ended December 2019, BHARAT FORGE has posted a net profit of Rs 1 bn (down 58.7% YoY). Sales on the other hand came in at Rs 11 bn (down 36.4% YoY). Read on for a complete analysis of BHARAT FORGE's quarterly results.
For the quarter ended December 2019, MOTHERSON SUMI has posted a net profit of Rs 3 bn (down 39.4% YoY). Sales on the other hand came in at Rs 157 bn (down 4.9% YoY). Read on for a complete analysis of MOTHERSON SUMI's quarterly results.
Here's an analysis of the annual report of BHARAT FORGE for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of BHARAT FORGE. Also includes updates on the valuation of BHARAT FORGE.
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