Shivam Autotech Ltd Stock Analysis

BSE: 532776 | NSE: SHIVAMAUTO | Auto Ancillary | Small Cap

BSE Share Price 08-Jun-2023 18:13
25.62 -0.38 (-1.46%)

DeciZen - Make an Informed Decision on Shivam Autotech

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

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Shivam Autotech Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
313.1 Cr.
52-wk low :
20.5
52-wk high :
50
Bole Toh?

1. Is Shivam Autotech Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shivam Autotech Ltd is a average quality company.

2. Is Shivam Autotech Ltd undervalued or overvalued?

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

3. Is Shivam Autotech Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shivam Autotech Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shivam Autotech:

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.
Shivam Autotech Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 16.6%15.7%12.8%7.7%3%5.2%2.7%0.1%2.8%3.5%-
Value Creation Index 0.20.1-0.1-0.5-0.8-0.6-0.8-1.0-0.8-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 372399446424456557636588487469467
YoY Gr. Rt. %-7.2%11.9%-4.9%7.4%22.2%14.2%-7.5%-17.1%-3.7%-
Adj EPS 2.62.62.61.8-0.4-0.1-1.7-3.4-2.2-1.3-1.8
YoY Gr. Rt. %-0%-0.4%-32.3%-119.7%NANANANANA-
BVPS (₹) 12.81516.918.217.917.816.112.610.511.39.4
Adj Net Profit 28.428.428.319.1-3.8-1-17.9-36.7-23.6-15.9-22
Cash Flow from Ops. 82.755.26.846.826.678.79410471.764.9-
Debt/CF from Ops. 1.62.129.36.5155.24.64.16.75.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.6%0.6%-9.6%-3.7%
Adj EPS -192.4%NANANA
BVPS -1.4-8.7-117.8
Share Price 11.6% -15% 14.7% -17.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 22.51916.510.1-2-0.5-9.9-23.8-19-12.6-17.3
Op. Profit Mgn % 23.520.118.716.610.514.2138.91615.312.9
Net Profit Mgn % 7.67.16.34.5-0.8-0.2-2.8-6.2-4.8-3.4-4.7
Debt to Equity 0.90.71.11.62.12.22.53.24.32.8-
Working Cap Days 1091301611991801431371451541600
Cash Conv. Cycle 282941636867584644630

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 2.75

Return on Equity is Poor

Sales growth has been subdued in last 3 years -9.62%

Sales growth is not so good in last 4 quarters at -8.38%

Latest Financials - Shivam Autotech Ltd.

Standalone Consolidated
TTM EPS (₹) -1.8 -
TTM Sales (₹ Cr.) 467 -
BVPS (₹.) 9.4 -
Reserves (₹ Cr.) 90 -
P/BV 2.73 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 20.50 / 50.00
All Time Low / High (₹) 2.80 / 100.69
Market Cap (₹ Cr.) 313
Equity (₹ Cr.) 24.4
Face Value (₹) 2
Industry PE 40.2

Management X-Ray of Shivam Autotech :

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 Shivam Autotech

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

News

Shivam Autotech Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shivam Autotech on 08-Jun-2023 18:13 is : 25.62.
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 08-Jun-2023 18:13 the market cap of Shivam Autotech stood at ₹ 313.1.
The latest PE ratio of Shivam Autotech as of 08-Jun-2023 18:13 is 0.00.
The latest PB ratio of Shivam Autotech as of 08-Jun-2023 18:13 is 2.73
The 52-week high of Shivam Autotech is ₹ 50.00 and the 52-week low is ₹ 20.50.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Shivam Autotech is ₹ 466.7 ( Cr.) .

About Shivam Autotech Ltd

Shivam Autotech Limited, formerly known as Munjal Auto Components (MAC) commenced operations in September 1999 as a full fledged, autonomous wing of the HERO Group, a renowned corporate giant with $ 4.2 Billion turnover annually. Shivam Autotech produces several different kinds of gears Spline Shafts

With an Employee Strength of around 800 members, it manufactures and markets Components for the Auto Sector to an Original Equipment Manufacturer (OEM). Its current product offering includes different kinds of Gear Blanks, Spline Shafts, and Finished Gears & Plungers.

Shivam Autotech’s Unique Selling Proposition is the fact that it is among the few auto component manufacturers in the country today which uses Near Net Shape Technology for Cold and Warm Forging.

The Hero group has two flagship companies under it Hero Honda Motors Limited world’s Largest Two-wheeler Company & Hero Cycles Limited world’s largest in bicycles manufacturing.

Product range of the company includes:

  • Transmission Gear
  • Transmission Shafts
  • Cold Forge Components
  • Warm Forged Components
  • Power Train Components
  • Near net Shape Technology
  • Engine Transmission Components
  • Hot Formed Components
  • Cold Formed Components

Milestones:

  • 1999-2000 -Production started (Machined GEAR BLANKS from Hot Forging)
  • 2000-2001- Production of SPLINE SHAFTS started from Cold Extrusion with imported toolings from Japan.Production of WARM FORGING (Lug Gears and Ratchets) with imported toolings from Japan.Warm Forging & Cold extrusion Tooling indigenized.
  • 2001-2002- QS 9000 Certification by DNV. Expansion of facilities for 2nd Warm Forging Line.
  • 2002-2003- Improvement in manufacturing effectiveness and quality performances by GEMBA KAIZEN, TPM, 5S. Development for P40, P60, P70, CDN model Parts.Plunger Supply started to MICO BOSCH for Fuel Pump.
  • 2003-2004 -Recognized as DOL (Direct on line) supplier by Hero Honda.Started Shaping, Carburising for finished Gears & ShaftsTS 16949:2002, ISO 14001:2004 & OHSAS 18001:2007 certified by DNV
  • 2004-2005- Awarded by MICO BOSCH in Recognition to Excellence in Performance
  • 2005-2006 -Awarded for 2nd &3 rd Prize in Model Competition in “KAIZEN SUMMIT” Organized by INSSAN on 17th & 18th Nov. 2005.Won “Distinguished Case Study Award” in CCQC 2005 organized by QCFI-Delhi Chapter on 1st Oct. 2005

Achievements/ recognition:

Certifications:

  • ISO/TS: 16949
  • ISO: 14001
  • OHSAS: 18001
  • Excellence in performance 2005-2006.
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