1. Is Amara Raja Batteries Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Amara Raja Batteries Ltd is a good quality company.
2. Is Amara Raja Batteries Ltd undervalued or overvalued?
The key valuation ratios of Amara Raja Batteries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
3. Is Amara Raja Batteries Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Amara Raja Batteries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||27.8%||27.9%||25%||24.6%||19.6%||16.2%||15%||18.6%||16.1%||11.4%||-|
|Value Creation Index ⓘ||1.0||1.1||0.9||0.8||0.5||0.2||0.1||0.4||0.2||-0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||16.2%||22.5%||9.7%||15.2%||14%||12.1%||0.7%||4.5%||21.6%||-|
|Adj EPS ⓘ||16.7||21.2||23.6||28.3||27.6||26.7||27.7||38.1||37||28.8||30.4|
|YoY Gr. Rt. %||-||26.4%||11.4%||20.3%||-2.8%||-3.3%||4%||37.5%||-3%||-22%||-|
|BVPS (₹) ⓘ||62.1||79.8||99.5||123.9||151.8||172||195.3||214||246.5||266.5||274.2|
|Adj Net Profit ⓘ||286||361||402||484||471||455||473||651||631||493||519|
|Cash Flow from Ops. ⓘ||335||279||395||555||553||322||541||1,177||802||633||-|
|Debt/CF from Ops. ⓘ||0.3||0.3||0.2||0.1||0.1||0.2||0.1||0||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||6.2%||0.9%||1.3%||-22%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||30.4||29.8||26.3||25.4||20||16.5||15.1||18.6||16.1||11.3||11.2|
|Op. Profit Mgn % ⓘ||15.2||16.2||16.7||17.9||16||14.6||14.1||16.1||15.6||11.8||11|
|Net Profit Mgn % ⓘ||9.7||10.5||9.6||10.5||8.9||7.5||7||9.5||8.8||5.7||5.5|
|Debt to Equity ⓘ||0.1||0.1||0||0||0||0||0||0||0||0||-|
|Working Cap Days ⓘ||88||85||87||92||87||106||117||117||117||114||0|
|Cash Conv. Cycle ⓘ||53||53||49||47||48||59||65||61||62||66||0|
Sales growth is good in last 4 quarters at 20.07%
Return on Equity has declined versus last 3 years average to 11.20%
Sales growth has been subdued in last 3 years 8.58%
Net Profit has been subdued in last 3 years 1.34%
|TTM EPS (₹)||30.4||30.5|
|TTM Sales (₹ Cr.)||9,430||9,432|
|BVPS (₹.) ⓘ||274.2||274.3|
|Reserves (₹ Cr.) ⓘ||4,666||4,667|
|From the Market|
|52 Week Low / High (₹)||438.15 / 781.00|
|All Time Low / High (₹)||1.67 / 1132.00|
|Market Cap (₹ Cr.)||8,597|
|Equity (₹ Cr.)||17.1|
|Face Value (₹)||1|
|Industry PE ⓘ||5.1|
Amara Raja Batteries (ARBL), the flagship company of the Amara Raja Group, is a leading manufacturer of automotive batteries under the brands - Amaron and PowerZone, which are distributed through a large pan-India sales & service retail network. The company's Industrial and Automotive batteries are exported to several countries across the globe. It is the first company to manufacture Valve Regulated Lead-Acid (VRLA) batteries in India. They are engineered to provide the performance reliability and consistency over the life of the product and they offer a long battery life with minimal maintenance. In India, the company is the preferred supplier to major telecom service providers, Telecom equipment manufacturers, UPS sector (OEM & Replacement), Indian Railways and to Power, Oil & Gas among other industry segments.
The company’s manufacturing facilities are equipped with state-of-the-art machines and technology. Each plant is designed to improve shop floor efficiencies by adopting globally recognized concepts such as Lean Six Sigma, 5S and Quality Circle projects. The manufacturing facilities have imbibed low-cost automation to reduce operator fatigue which helps in improving product quality and person productivity. Its World-Class integrated manufacturing facilities are constantly evolving and are ever ready to adopt the latest technological advancements. Its in-house R & D centre, which is recognized by Government of India, ensures constant innovation and best in class products.
Business area of the company
The company is the technology leader and is one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. Amara Raja Automotive Batteries offers a wide range of battery solutions in Passenger Vehicles, Three Wheelers, Two Wheelers, Commercial Vehicles, Farm Vehicles, and Home UPS/Inverters. Besides, Amara Raja Industrial Batteries offers a broad range of battery solutions in segments like UPS, Telecom, Railways, Defence and Motive.
Awards and Accolades
History and Milestones