Automobile Corporation of Goa Ltd Stock Analysis

BSE: 505036 | NSE: AUTOCORP | Auto Ancillary | Small Cap

BSE Share Price 06-Feb-2023 11:41
795.00 0.00 (0.00%)

DeciZen - Make an Informed Decision on Automobile Corp.Goa

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Fair

3. Price Trend

Automobile Corp.Goa Price Chart

P/E Ratio ( SA) :
19.29
Market Cap :
484.1 Cr.
52-wk low :
705.1
52-wk high :
1,145
Bole Toh?

1. Is Automobile Corporation of Goa Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Automobile Corporation of Goa Ltd is a below average quality company.

2. Is Automobile Corporation of Goa Ltd undervalued or overvalued?

The key valuation ratios of Automobile Corporation of Goa Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Automobile Corporation of Goa Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Automobile Corporation of Goa Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Automobile Corp.Goa:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Automobile Corporation of Goa Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.5%10.3%8.8%9.1%10.8%9.6%11.4%6.6%-6.8%3.9%-
Value Creation Index -0.3-0.3-0.4-0.4-0.2-0.3-0.2-0.5-1.5-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 263303395417467489426333116282467
YoY Gr. Rt. %-15%30.4%5.6%12.1%4.7%-12.9%-21.8%-65.3%143.5%-
Adj EPS 24.427.223.825.732.6303720.9-20.512.541.2
YoY Gr. Rt. %-11.8%-12.7%8.3%26.8%-8.2%23.5%-43.5%-198.1%NA-
BVPS (₹) 256.4266.1271.9294.6306.2317.3327.6298.2273.9277.5309.3
Adj Net Profit 15.617.515.316.52119.323.812.7-12.57.625
Cash Flow from Ops. 23.3101.231.419.539.7-4.721.5-20-28.6-
Debt/CF from Ops. 0.20.32.90.10.10.200-0.8-1.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.8%-9.6%-12.9%143.5%
Adj EPS -7.2%-17.5%-30.4%NA
BVPS 0.9-2-5.41.3
Share Price 12.7% -7.1% 11.9% -15.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 9.710.48.89.110.99.611.56.5-7.24.514.1
Op. Profit Mgn % 7.784.65.86.55.97.43.7-18.62.57
Net Profit Mgn % 5.95.83.944.53.95.63.8-10.82.75.4
Debt to Equity 000000000.10.3-
Working Cap Days 2812372112151771691992235482460
Cash Conv. Cycle 142613810183245123540

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.00%

Sales growth is good in last 4 quarters at 153.79%

Sales growth has been subdued in last 3 years -12.88%

Net Profit has been subdued in last 3 years -30.40%

Latest Financials - Automobile Corporation of Goa Ltd.

Standalone Consolidated
TTM EPS (₹) 41.2 -
TTM Sales (₹ Cr.) 467 -
BVPS (₹.) 309.3 -
Reserves (₹ Cr.) 182 -
P/BV 2.57 -
PE 19.29 -
From the Market
52 Week Low / High (₹) 705.05 / 1145.00
All Time Low / High (₹) 2.18 / 1670.00
Market Cap (₹ Cr.) 484
Equity (₹ Cr.) 6.1
Face Value (₹) 10
Industry PE 34.8

Management X-Ray of Automobile Corp.Goa :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Automobile Corp.Goa

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Automobile Corporation of Goa Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Automobile Corp.Goa on 06-Feb-2023 11:41 is : 795.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Feb-2023 11:41 the market cap of Automobile Corp.Goa stood at ₹ 484.1.
The latest PE ratio of Automobile Corp.Goa as of 06-Feb-2023 11:41 is 19.29.
The latest PB ratio of Automobile Corp.Goa as of 06-Feb-2023 11:41 is 2.57
The 52-week high of Automobile Corp.Goa is ₹ 1,145 and the 52-week low is ₹ 705.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Automobile Corp.Goa is ₹ 466.9 ( Cr.) .

About Automobile Corporation of Goa Ltd

Automobile Corporation of Goa (ACGL), the first major engineering unit to be set up in Goa, a tiny but picturesque state of India, was jointly promoted in 1980 by Tata Motors (formerly known as Tata Engineering and Locomotive), the largest automobile manufacturer in the country and EDC (formerly known as Economic Development Corporation of Goa , Daman and Diu). Right from the inception, ACGL, with its emphasis on quality, safety, productivity and reliability in line with the Tata ethos has been endearing itself to its customers.

The company manufactures sheet metal components, assemblies and bus coaches at its factories situated at villages Honda and Bhuimpal, Goa. The company is in operation since 1982 and is a major supplier of pressings and assemblies to Tata Motors' Pune factory. To meet “Just In Time” supplies to the customer, the company has set up a press shop at Jejuri, Pune. The sheet metal division at its three units has high tonnage presses with an output of more than 17,620 tonnes that have ensured complete customer satisfaction.

In 1987, the company entered into a technical collaboration agreement with Fuji Heavy Industries, Japan, makers of Subaru car for various models of chassis mounted bus bodies and set up a full fledged bus body building division. The company had a further agreement with FHI to build Monocoque buses in 1995.

Excellent production facilities,highly skilled and continuously trained manpower of Engineers,Technicians and other staff have ensured world class products and services. In its quest towards business excellence , the company practices Integrated Management Systems including quality, environment,health and safety in all its operations.The company is professionally managed. The company’s shares are listed on The Stock Exchange, Mumbai.

 

Products:

1. Bus Body:

  • Luxury Buses
  • Standard Buses
  • Mini Buses
  • Utility Vehicles

2. Sheet Metal

Division:

  • Bus Body Building Division 
  • Sheet Metal division

 Certifications:

1. TUV INDIA on April 1998 gave ISO 9000:1994 certifications to its Sheet Metal Division.

2. RWTUV ANLAGENTECHNIK GMBH on March 2002 gave QS 9000 certification to its Sheet Metal Division.

3. TUV SUDDEUTSCHLAND on July 2005 gave TS 16949:2002 certification to its Sheet Metal Division.

4. Bhuimpal Pressing Unit was certified by INTERNATIONAL CERTIFICATION on Feb-2004 as ISO 9001:2000.

5. Bhuimpal Pressing Unit was certified by TUV SUDDEUTSCHLAND on July 2005 as TS 16949:2002.

6. Jejuri Pressing Unit was ISO 9001:2000 certified on April 2004 by INTERNATIONAL CERTIFICATION.

7. Jejuri Pressing Unit was certified as TS16949 Second Edition on February 2008 by BUREAU VERITAS CERTIFICATION.

8. Bus Body Division was certified as TS16949 Second Edition on Jun 2008 by BUREAU VERITAS CERTIFICATION.

 

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