Exedy India Ltd Stock Analysis

BSE: 505923 | NSE: | Auto Ancillary | Small Cap

BSE Share Price
Not Listed

DeciZen - Make an Informed Decision on Exedy India

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

2. Valuation

Undervalued

3. Price Trend

Exedy India Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
205.7 Cr.
52-wk low :
342.1
52-wk high :
342.5
Bole Toh?

1. Is Exedy India Ltd. a good quality company?

Data is not available for this company.

2. Is Exedy India Ltd. undervalued or overvalued?

No data found

3. Is Exedy India Ltd. a good buy now?

No data found

10 Year X-Ray of Exedy India:

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'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
ROCE % -2.9%-31%-3.6%-20.5%-13.9%-6.4%22.4%-6.6%21.9%-99.8%-
Value Creation Index -1.2NANANANANA0.6NANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 196216251320311321313347365335335
YoY Gr. Rt. %-9.9%16.2%27.5%-2.6%3.1%-2.5%10.8%5.2%-8.3%-
Adj EPS -10.8-44.3-11.6-24.3-17.9-10.32.2-8.5-1.1-17.9-17.9
YoY Gr. Rt. %-NANANANANANA-486.4%NANA-
BVPS (₹) 26.8-25.3-29.8-54-60.9-71.8-66.3-74.9-75.3-93.3-25.3
Adj Net Profit -6.5-26.6-7-14.6-10.7-6.21.3-5.1-0.6-10.8-11
Cash Flow from Ops. 5.616.121.826.511.320.912.66.56.223.9-
Debt/CF from Ops. 13.74.33.32.86.43.15.19.59.82.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.1%1.5%2.2%-8.3%
Adj EPS NANA-301.3%NA
BVPS -214.9000
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Equity % -33.5-5924.142.258.131.115.5-3.2121.421.330.2
Op. Profit Mgn % -1.2-4.52.40.31.31.94.82.13.90.8-2.7
Net Profit Mgn % -3.3-12.3-2.8-4.6-3.5-1.90.4-1.5-0.2-3.2-3.2
Debt to Equity 4.8-4.6-4-2.3-2-1.5-1.6-1.4-1.4-1-
Working Cap Days 120116107878683868787940
Cash Conv. Cycle -15-32-46-53-67-80-89-59-46-550

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 - Exedy India Ltd.

Standalone Consolidated
TTM EPS (₹) -17.9 -
TTM Sales (₹ Cr.) 335 -
BVPS (₹.) -25.3 -
Reserves (₹ Cr.) -21 -
P/BV -13.54 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 342.05 / 342.50
All Time Low / High (₹) 2.40 / 348.00
Market Cap (₹ Cr.) 206
Equity (₹ Cr.) 6
Face Value (₹) 10
Industry PE 34.7

Management X-Ray of Exedy India :

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 Exedy India

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

News

Exedy India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Exedy India 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 Exedy India stood at ₹ 205.7.
The latest PE ratio of Exedy India as of 01-Jan-1970 05:30 is 0.00.
The latest PB ratio of Exedy India as of 01-Jan-1970 05:30 is -13.54
The 52-week high of Exedy India is ₹ 342.5 and the 52-week low is ₹ 342.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Exedy India is ₹ 334.6 ( Cr.) .

About Exedy India Ltd

Ceekay Daikin was established in 1973 as Ceekay Automotive Limited and in 1987 the name of the company got changed to Ceekay Daikin Limited.

Ceekay Daikin is a leader in the field of automotive clutches. After its incorporation, in 1973 it entered into a technical collaboration agreement with Daikin Manufacturing Co. Ltd. In 1985 it commenced supplies to Maruti Udyog Limited.

Ceekay Daikin’s highly specialised line up of products encompasses a range of clutches for a range of applications – clutch disc assemblies, clutch cover assemblies from Coil type/ Diaphragm spring /DST type and clutch disc regular, silent and unity type.

In 2008 the manufacturing units are located at Noida in Uttar Pradesh and Aurangabad in Maharashtra with installed capacities of 1.2 million clutch cover assemblies and 1.8 million clutch disc assemblies per annum. Diversifying into the manufacture of clutches for two wheelers, a new project was set up at the existing unit of the Greater Noida plant to manufacture 1 million clutches per annum.

Its clientele include companies like Bajaj Tempo, Eicher Motor, M&M, Maruti Udyog Ltd, Tata Motors, Toyota Kirloskar, Swaraj Mazda, Honda, VST Trillers Tractors, Ghatge Patil Limited, etc.

In order to be competitive in market it is now introducing the 3 in 1 in the market. This 3 in 1 will be consisting of clutch disc, clutch cover and clutch release bearing.

It has its distributors located in nearly all the states like Andhra Pradesh, Assam, Chandigarh, Delhi, Goa, Kerala, Maharashtra, Orissa, Punjab, Rajasthan, West Bengal, Uttaranchal.

Excellent technology and precision engineering from Exedy Corporation (formerly known as Daikin Manufacturing Co. Ltd.) Japan, has enabled Ceekay Daikin to attain a position of strength and leadership in quality

Milestones achieved

  • 1973 -Established as Ceekay Automotive Limited
  • 1975 -Entered into a technical collaboration agreement with Daikin Manufacturing Co. Ltd.
  • 1985 -Commenced supplies to Maruti Udyog limited
  • 1987- EXEDY invests 25% in the equity of Ceekay. Equity raised Rs 10 million. Name of the company changed to Ceekay Daikin Limited. 
  • 1995 -Annual capacity for 10,00,000 Clutch Disc and 600,000 Clutch Covers Installed. Machines installed for Diaphragm Spring and Wire Rings production.
  • 1997 -Paid up capital increased to Rs 35 million.
  •  1998- Established Greater Noida facility. Capacity increased to 1.5 million clutch discs and 1.1 million clutch cover assemblies. Increasing capital stock to Rs.40 million. EXEDY's stake increased to 32.5 %.
  • 2005  - Noida plant TS16949 certified. Aurangabad Plant TS16949 certified.
  • 2006 -Clutch Disc production crossed one million

Awards/Achievements

  • Its plants are ISO/TS 16949: 2002, ISO 14001: 2004, OHSAS 18001: 1999 certified.
  • It received award for best quality 04 – 05 at Vendor Conference in Jaipur on 21st March, 2006
  • In 2003-04 received award for best quality at MUL vendor Conference at Bangkok
  • In 2002-03 award for best quality at MUL vendor Conference at Goa

Future Plans

With the joint efforts and ideas, the company is now at the stage of introducing the 3 in 1 in the market. This 3 in 1 will be consisting of clutch disc, clutch cover and clutch release bearing. The supply of 3 in 1 clutch kits is a very common and well accepted practice all over the world. Impact in the USA and Europe is , majority of clutch sales take place in 3 in 1 kits . The reason being the better life of clutch. Initially this will be for the following 4 models- Minidor, 800 CC Car, Omni/Van and Wagon R/ Alto.

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