Clutch Auto Ltd - Stock Valuation and Financial Performance

BSE: 505052 | NSE: CLUTCHAUTO | Auto Ancillary | Small Cap

BSE Share Price
Not Listed

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Clutch Auto stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
11.9 Cr.
52-wk low:
6.3
52-wk high:
6.3

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Clutch Auto:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 15.6%10.1%5.8%6.3%5.9%5.9%-5.1%-16.6%-41%-23.8%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 23521719723025124595.430.638.946.547
Sales YoY Gr.--7.7%-9%16.5%8.9%-2.3%-61%-67.9%27.2%19.5%-
Adj EPS 13.58.32.754.64-18.3-37.8-46.7-11.8-25.2
YoY Gr.--38.9%-67%84.3%-8.2%-13.6%-558.7%NANANA-
BVPS (₹) 59.370.573.277.880.883.665.3-5.6-101.9-127.1-105.4
Adj Net
Profit
2113.54.58.48.37.5-34.3-70.9-87.5-22.1-47
Cash Flow from Ops. -323.616.1-5.42.518.1-53.4-33.42.7-0.2-
Debt/CF from Ops. -31.24.17.8-3378.712-4.2-9108-1592.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -16.5%-28.6%-21.3%19.5%
Adj EPS -198.5%-220.6%NANA
BVPS-208.8%-209.5%-224.8%NA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on
Equity %
21.710.73.25.75.14.3-21.3-92.5107.911.321.7
Op. Profit
Mgn %
1715.914.116.41718.2-7.6-71.1-82.2-3-3
Net Profit
Mgn %
8.96.22.33.73.33.1-36-231.6-224.8-47.5-101.6
Debt to
Equity
10.81.11.41.41.41.9-28.7-1.5-1.2-
Working Cap
Days
1902402702682963177932,06676311929
Cash Conv.
Cycle
138161156140187181322675122-74-198

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Clutch Auto Ltd.

Standalone Consolidated
TTM EPS (₹) -25.2 -
TTM Sales (₹ Cr.) 46.5 -
BVPS (₹.) -105.4 -
Reserves (₹ Cr.) -216 -
P/BV -0.06 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 6.32 / 6.32
All Time Low / High (₹) 3.10 / 195.00
Market Cap (₹ Cr.) 11.9
Equity (₹ Cr.) 18.8
Face Value (₹) 10
Industry PE 47.3

Management X-Ray of Clutch Auto:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *91.9291.270.0019.2411.9711.9721.5124.8241.6241.62
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Clutch Auto

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Sales235.07216.98197.45229.98250.52244.6895.4130.6038.9346.53
Operating Expenses 195.22182.56169.65192.23208.04200.08102.6552.3471.8447.91
Manufacturing Costs20.8419.9220.0624.8425.3223.786.091.952.031.85
Material Costs138.46130.19111.11130.01143.66141.5673.1442.1755.6336.49
Employee Cost 15.8018.8619.9620.7821.4018.8915.893.185.813.70
Other Costs 20.1113.5918.5216.6017.6515.867.525.048.385.87
Operating Profit 39.8534.4327.8037.7542.4944.60-7.24-21.75-32.91-1.38
Operating Profit Margin (%) 17.0%15.9%14.1%16.4%17.0%18.2%-7.6%-71.1%-84.5%-3.0%
Other Income 0.040.070.070.260.910.550.2503.230.01
Interest 9.5212.5814.4814.9117.5521.0221.3721.040.010.02
Depreciation 5.175.867.7613.9716.2815.755.943.5519.2210.01
Exceptional Items 0000000-88.71-132.30-35.96
Profit Before Tax 25.2016.055.639.129.578.38-34.31-135.05-181.21-47.35
Tax 4.242.581.170.730.800.57-0.09-2.08-0.47-0.09
Profit After Tax 20.9613.474.468.408.777.81-34.22-132.97-180.74-47.27
PAT Margin (%) 8.9%6.2%2.3%3.7%3.5%3.2%-35.9%-434.0%-464.0%-101.0%
Adjusted EPS (₹)13.58.32.75.04.94.2-18.2-70.9-96.4-25.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16

Equity and Liabilities

Shareholders Fund 114.14136.95141.31151.45166.37178.23143.929.35-171.49-221.11
Share Capital 15.5216.3216.3216.6817.9318.7618.7618.7618.7618.76
Reserves 98.63120.64125134.77148.44159.47125.16-9.41-190.25-239.87
Minority Interest0000000000
Debt92.9596.37125.15177.46195.07216.83226.27299.05289.81288.64
Long Term Debt92.9596.37125.15177.4693112.24161.45201.51199.38199.51
Short Term Debt0000102.07104.5964.8297.5490.4289.13
Trade Payables28.0333.1246.1548.7235.0222.6223.578.5533.2611.18
Others Liabilities 17.3618.1718.9821.4022.6036.8634.9827.0424.5953.85
Total Liabilities 252.48284.61331.60399.03419.06454.54428.73343.98176.16132.57

Fixed Assets

Gross Block94.62115.13183.06221.63232.44231.81231.78248.48246.94223.81
Accumulated Depreciation37.7342.7549.7362.6078.2391.0297.0684.09102.97106.92
Net Fixed Assets56.8972.38133.33159.03154.21140.79134.72164.39143.97116.89
CWIP 11.7719.7917.9632.4749.6194.7193.0131.58150
Investments 0000000000
Inventories38.0644.6846.3155.6263.7466.3457.6137.157.684.55
Trade Receivables105.87100.5296.74107.97123.8654.9932.350.454.713.38
Cash Equivalents 28.4934.5612.5310.815.273.971.531.121.331.23
Others Assets11.4012.6924.7233.1522.3693.73109.51109.293.466.52
Total Assets 252.48284.61331.60399.03419.06454.54428.73343.98176.16132.57

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Cash Flow From Operating Activity -2.9823.6116.14-5.392.4818.10-53.38-33.402.68-0.18
PBT 25.2016.055.639.129.578.38-34.31-46.33-48.92-11.40
Adjustment 15.3117.3721.2227.3732.6635.4026.55-30.84-95.593.60
Changes in Working Capital -27.241.724.77-26.11-23.28-4.42-25.0161.43148.097.63
Tax Paid -7.35-0.03-2.01-2.25-0.02-1.5402.95-0.890
Cash Flow From Investing Activity -18.03-29.41-66.91-54.08-28.63-47.45-1.73-7.100.20-0.05
Capex -18.06-29.47-66.98-54.28-28.70-47.53-0.03-7.100.20-0.05
Net Investments 0000000000
Others 0.020.060.070.190.070.07-1.70000
Cash Flow From Financing Activity 40.8211.8628.7857.7120.6128.0552.6840.09-2.670.13
Net Proceeds from Shares 15.158.4401.846.254.140000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 25.673.4128.7855.8714.3723.9152.6840.09-2.670.13
Net Cash Flow 19.816.06-21.99-1.76-5.53-1.31-2.44-0.410.21-0.10
PARTICULARSMar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Ratios
ROE (%)29.1513.023.86.746.395.18-24.5-237.2N/AN/A
ROCE (%)22.4914.418.828.658.328.23-3.58-35.77N/AN/A
Asset Turnover Ratio1.190.890.710.680.610.560.220.080.150.3
PAT to CFO Conversion(x)-0.141.753.62-0.640.282.32N/AN/AN/AN/A
Working Capital Days
Receivable Days1291581641511691331671962432
Inventory Days50637675879723756521048
Payable Days588613013310674115139137222

Clutch Auto Ltd Stock News

Clutch Auto Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Clutch Auto on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Clutch Auto stood at ₹11.86.
The latest P/E ratio of Clutch Auto as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Clutch Auto as of 01-Jan-1970 05:30 is -0.06.
The 52-week high of Clutch Auto is ₹6.32 and the 52-week low is ₹6.32.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Clutch Auto is ₹46.53 ( Cr.) .

About Clutch Auto Ltd

Clutch Auto was founded way back in 1971 and now it is India’s largest clutch manufacturer & exporter. Clutch Auto Ltd (CAL) is the largest supplier of clutches to the commercial vehicle and tractor segment in India. It also caters to the passenger vehicle and replacement demand

The company is India’s largest clutch manufacturer & exporter has held 3 Decades of undisputed Leadership

The company is also India’s largest exporter of clutches and exports to 40 countries, 85% to Americas.The company is having largest aftermarket distribution network in India and has state-of-the-art testing facility for Clutches. The company is having Govt. of India recognized Research &development facility.

Clutch Auto Ltd (CAL) is the largest supplier of clutches to the commercial vehicle and tractor segment in India. It also caters to the passenger vehicle and replacement demand and its clientele includes Tata Motors, Ashok Leyland, Maruti Udyog, TAFE, Toyota, BEML, Escort Tractors and StateTransport Undertakings, among others.

Clutch is a technology intensive business dominated by 6 players in the world, all operating either as joint ventures or as technology partners or license arrangements. CAL is the only standalone clutch company in the world, which is testimony to its technology capability.

The company has developed, upgraded and upsized Ceramic and Cushioned Organic Clutches with Retrofittability on old models of the popular trucks and buses, carving a new market segment with a long term aftermarket potential besides fitment on current ongoing production.Peculiarities of Indian operating conditions both in case of passenger carriers and commercial vehicles and driving habits have been taken into consideration and performance demonstrated after simulation and evaluation of modified Designs based on the valuable field data.

The ‘Cool Clutch’ developed for the US market alongwith Wear Indication capability – the ‘Whisper’ series and ‘Ez N Lite’ – Twin Ceramic Self-Aligning clutch for heavy applications have been offered to the Indiancustomers.

The company has ventured into the US truck market through the aftermarket route making it the only offshore company to be able to do so. It plans to be a niche player in the low volume, high value added heavy-duty clutch segment for class 7 and 8 trucks. This is because, the replacement demand for trucks in US, with a population of nearly 4.5-5mn units, is nearly as high (250,000 units pa) asthe demand for new trucks.

CAL invested in technology, research and filed for patents and trademarks for a number of products that it developed. Today, the company is the only independent component company from India with an independent patents and trademarks portfolio. It has built many innovative products like the ‘Cool Clutch’,’ Whisper’ and ‘EZ N Lite’ offering interchangeability unit-to-unit, component-to component with the same serviceability norms and tools.

The company’s clientele includes Tata Motors, Ashok, Leyland, Maruti Udyog, TAFE, Toyota, BEML, Escort Tractors and state transport undertakings, among others.

Awards/ Achievements

  • In 1996-ISO 9002 Certification by KPMG Peat Marwick LLp Certification  
  • In 2000 -QS 9000 Certification by KPMG Peat Marwick LLp          
  •  In 2003 -QS-9000:1998 Certification by TUV Anlagentechnik Gmbh
  • In 2005 - TS 16949:2002 Certification by TUV Anlagentechnik Gmbh. R& D Certification by - Ministry of science & Technology   Department of Science & research
  • In 2004 - Export House Certification by - Ministry of Commerce & Industry, Office of Joint Director General of foreign Trade

Apart from these the company is a recipient of many prestigious national awards.

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