Is Alicon Castalloy a good quality company?

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

Is Alicon Castalloy undervalued or overvalued?

The key valuation ratios of Alicon Castalloy Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Alicon Castalloy share price return in the past 10 years?

Alicon Castalloy Ltd share price has appreciated 9.7% annually (CAGR) over the past ten years.

Is Alicon Castalloy a good buy now?

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

Alicon Castalloy Ltd - Stock Valuation and Financial Performance

Name: Alicon Castalloy
Brand: Alicon Castalloy

BSE: 531147 | NSE: ALICON | Castings/Forgings | Small Cap

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Alicon Castalloy Share Price

₹695.25 0.85 0.12%
as on 23-Apr'25 15:44

10 Year X-Ray of Alicon Castalloy:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	19.8%	17.5%	16.6%	18.2%	19.5%	10.2%	4.5%	6.6%	11.7%	12.9%	-
Value Creation Index ⓘ	0.4	0.3	0.2	0.3	0.4	-0.3	-0.7	-0.5	-0.2	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	639	683	711	929	1,081	856	732	957	1,259	1,392	1,505
Sales YoY Gr.	-	6.8%	4.2%	30.6%	16.4%	-20.8%	-14.5%	30.8%	31.4%	10.6%	-
Adj EPS ⓘ	18.8	17.3	19	26.6	36.8	12.2	-5.4	5.8	27.6	28.5	25.5
YoY Gr.	-	-8.1%	9.8%	39.9%	38.4%	-66.8%	-143.9%	NA	377.8%	3.2%	-
BVPS (₹) ⓘ	122.2	123.6	132.4	178.9	214.2	221.2	218.5	266.7	292	313.4	335.3
Adj Net Profit ⓘ	20.7	21.2	23.3	35.5	50.2	16.8	-7.5	9.3	44.4	45.8	41
Cash Flow from Ops. ⓘ	41.1	64.4	27.1	39.3	91.4	55	97	77.4	89.1	142	-
Debt/CF from Ops. ⓘ	3.7	2.6	8.5	6.3	3.1	6	3.4	3.1	3.1	1.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9%	5.2%	23.9%	10.6%
Adj EPS ⓘ	4.7%	-5%	NA	3.2%
BVPSⓘ	11%	7.9%	12.8%	7.3%
Share Price	9.7%	23.2%	1.2%	-24.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	16.6	14.8	14.6	16.8	17.8	5.4	-2.4	2.5	9.9	9.3	7.9
Op. Profit Mgn % ⓘ	10.9	10.8	11.4	11.1	12.9	11.9	9.9	9.4	11.2	12.3	11.8
Net Profit Mgn % ⓘ	3.2	3.1	3.3	3.8	4.6	2	-1	1	3.5	3.3	2.8
Debt to Equity ⓘ	1.1	1.1	1.4	1	1	1.1	1.1	0.6	0.6	0.5	-
Working Cap Days ⓘ	102	112	117	135	151	194	225	186	158	158	72
Cash Conv. Cycle ⓘ	37	33	34	60	83	111	137	121	114	122	17

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.80%

Sales growth is growing at healthy rate in last 3 years 23.91%

Debt to equity has declined versus last 3 years average to 0.54

Sales growth is good in last 4 quarters at 16.33%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Alicon Castalloy Ltd.

	Standalone	Consolidated
TTM EPS (₹)	25.5	35.2
TTM Sales (₹ Cr.)	1,505	1,715
BVPS (₹.) ⓘ	335.3	363.6
Reserves (₹ Cr.) ⓘ	537	583
P/BV ⓘ	2.07	1.91
PE ⓘ	27.27	19.75

From the Market
52 Week Low / High (₹)	541.00 / 1543.15
All Time Low / High (₹)	1.50 / 1543.15
Market Cap (₹ Cr.)	1,129
Equity (₹ Cr.)	8.1
Face Value (₹)	5
Industry PE ⓘ	41

Management X-Ray of Alicon Castalloy:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Alicon Castalloy

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Alicon Castalloy

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	639	683	711	929	1,081	856	732	957	1,259	1,392
Operating Expenses ⓘ	569	609	630	826	942	754	660	867	1,119	1,222
Manufacturing Costs	124	118	128	175	193	147	158	191	256	275
Material Costs	334	371	366	468	566	457	351	518	661	696
Employee Cost	79	83	100	131	136	114	107	111	136	168
Other Costs ⓘ	33	37	37	51	47	36	44	47	67	82
Operating Profit ⓘ	70	74	81	103	139	102	72	90	140	171
Operating Profit Margin (%)	10.9%	10.8%	11.4%	11.1%	12.9%	11.9%	9.9%	9.4%	11.1%	12.3%
Other Income ⓘ	2	3	4	9	3	3	3	3	3	3
Interest ⓘ	19	22	25	29	34	38	35	29	30	38
Depreciation ⓘ	23	24	25	30	35	41	46	50	61	74
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	30	32	34	53	73	25	-6	14	52	61
Tax ⓘ	9	10	11	17	23	8	2	4	8	15
Profit After Tax	21	22	23	36	50	17	-7	9	44	46
PAT Margin (%)	3.2%	3.2%	3.3%	3.9%	4.6%	2.0%	-1.0%	1.0%	3.5%	3.3%
Adjusted EPS (₹)	18.8	17.9	19.0	27.1	36.8	12.2	-5.4	5.7	27.5	28.4
Dividend Payout Ratio (%)	16%	21%	22%	23%	19%	10%	0%	39%	23%	26%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	134	151	162	239	292	305	304	430	470	505
Share Capital ⓘ	6	6	6	7	7	7	7	8	8	8
Reserves ⓘ	129	145	156	232	285	298	297	422	462	497
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	137	151	209	219	256	307	294	196	223	213
Long Term Debt	37	49	71	69	70	122	153	115	109	121
Short Term Debt	100	101	138	151	186	185	142	81	115	92
Trade Payables	106	119	118	174	168	126	140	198	184	222
Others Liabilities ⓘ	73	69	70	111	108	102	117	111	139	183
Total Liabilities ⓘ	450	490	559	744	824	840	855	935	1,017	1,123
Fixed Assets
Gross Block	321	399	447	511	589	666	702	774	781	908
Accumulated Depreciation	151	174	198	228	263	307	348	397	384	458
Net Fixed Assetsⓘ	170	224	249	283	326	359	354	377	398	450
CWIP ⓘ	25	2	11	5	13	13	18	18	25	22
Investmentsⓘ	11	11	13	14	14	14	11	11	14	14
Inventories	50	45	58	82	111	95	115	116	137	117
Trade Receivables	147	155	168	296	310	298	296	358	398	464
Cash Equivalents	10	11	10	11	8	8	14	6	6	2
Others Assetsⓘ	37	42	49	53	42	53	46	48	39	53
Total Assets ⓘ	450	490	559	744	824	840	855	935	1,017	1,123

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	41	64	27	39	91	55	97	77	89	142
PBT ⓘ	30	32	34	53	73	25	-6	14	52	61
Adjustment ⓘ	40	45	54	75	64	68	78	70	86	131
Changes in Working Capital ⓘ	-33	-3	-54	-76	-31	-27	25	-3	-43	-29
Tax Paid ⓘ	5	-9	-7	-12	-14	-10	-1	-4	-6	-21
Cash Flow From Investing Activity ⓘ	-82	-55	-57	-56	-84	-59	-44	-71	-88	-89
Capex	-87	-56	-58	-58	-86	-61	-46	-73	-68	-74
Net Investments	0	0	-1	0	0	0	0	0	-3	0
Others ⓘ	5	1	2	2	2	2	2	2	-18	-16
Cash Flow From Financing Activityⓘ	42	-10	28	17	-7	3	-46	-10	-1	-56
Net Proceeds from Shares ⓘ	1	0	0	1	0	0	1	110	0	0
Net Proceeds from Borrowing ⓘ	35	15	22	-3	1	52	26	-38	-6	12
Interest Paid ⓘ	-17	-22	-25	-28	-33	-38	-34	-29	-30	-38
Dividend Paid ⓘ	-3	-3	-5	-8	-8	-9	0	0	-4	-10
Others ⓘ	27	1	36	55	33	-3	-39	-53	39	-20
Net Cash Flow ⓘ	1	0	-1	0	0	-1	7	-4	0	-4

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	16.68	15.3	14.86	18.03	18.89	5.64	-2.45	2.5	9.83	9.4
ROCE (%)	19.77	17.51	16.55	18.17	19.47	10.23	4.53	6.61	11.69	12.94
Asset Turnover Ratio	1.88	1.66	1.53	1.46	1.38	1.03	0.86	1.07	1.29	1.3
PAT to CFO Conversion(x)	1.95	2.91	1.17	1.08	1.82	3.24	N/A	8.56	2.02	3.09
Working Capital Days
Receivable Days	65	71	73	89	102	130	148	125	110	113
Inventory Days	20	22	23	27	33	44	53	44	37	33
Payable Days	83	100	110	100	91	103	125	83	57	44

Alicon Castalloy Ltd Stock News

Alicon Castalloy Ltd FAQs

What is the share price of Alicon Castalloy?

Company share prices are keep on changing according to the market conditions. The closing price of Alicon Castalloy on 23-Apr-2025 15:44 is ₹695.2.

What is the market cap of Alicon Castalloy?

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 23-Apr-2025 15:44 the market cap of Alicon Castalloy stood at ₹1,129.2.

What is the P/E ratio of Alicon Castalloy?

The latest P/E ratio of Alicon Castalloy as of 23-Apr-2025 15:44 is 27.27.

What is the P/B ratio of Alicon Castalloy?

The latest P/B ratio of Alicon Castalloy as of 23-Apr-2025 15:44 is 2.07.

What is the 52-week high and low of Alicon Castalloy?

The 52-week high of Alicon Castalloy is ₹1,543.2 and the 52-week low is ₹541.0.

What is the TTM revenue of Alicon Castalloy?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Alicon Castalloy is ₹1,505 ( Cr.) .

About Alicon Castalloy Ltd

Enkei Castalloy Limited, incorporated in 1990, is a joint venture between Rai and Associates of India and Enkei Corporation, Japan. The company is a leading manufacturer of aluminium alloy gravity and low pressure die castings for major automotive manufacturers in India and exports to USA and Europe.

With technical expertise from Enkei Japan, it has developed leadership in establishing one of the most advanced manufacturing systems in India for aluminum die cast products. Enkei Castalloy Limited currently leads the Indian market in manufacturing cylinder heads for two wheelers and alloy wheels for 2 wheelers as well as 4 wheelers. Enkei has the distinction of being a single source supplier of many critical engine parts to some of Indiaâ€™s largest OEMs.

Enkei Corporation was founded on 5th October 1950, in Hamamatsu, Japan as a manufacturer of die cast aluminum engine parts for motorcycles.

Establishing strong mechanisms to control quality, cost and delivery, Enkei Castalloy Ltd. not only supplies its products to India but also is foraying into international markets. Enkei currently supplies its products to various Tier I / Tier II suppliers of global OEMs in Europe and USA. Enkeiâ€™s customers include Maruti Udyog Limited, Honda Siel Cars Limited, Tata Motors, Hyundai Motors, Mahindra & Mahindra, Bajaj Auto Limited, Hero Honda Motor Industries, Honda Scooter and Motorcycle Company, Suzuki Motors India Limited, Yamaha India and many more. International customers include Trelleborg, Behr Group, ZF Group, and GWK Group.

The main plant is located at Shikrapur, Pune with 1500 employees while the second plant has recently come up at Gurgaon in north India. Plans for the third plant are under finalization which is expected to come up at Pantnagar, Uttaranchal. Its annual capacity through the existing facilities is 15000 MT of aluminum castings that include 1,500,000 wheels per annum. State of the art m/c are used with robust processes.

The client list of the company include names like Honda, Yamaha, Bajaj, Tata, Eicher, Sona, Greaves, Faiveley, etc.

Die designing and tool manufacturing is done through its sister concern â€“ Silicon Meadows. More than 100 engineers are dedicated in 3D modeling and design service starting from concept through specification, tool design and validation. Its design and processes enable it to manufacture critical parts such as intake manifolds having a wall thickness of 2mm or components having lengths of 1200mm. it had deployed 60 nos. CNC machines (VMCs and HMCs) of makes like Brother, Argo, Hartford, Makino, Aries, Mazak etc. it has the capability to offer fully machined components with diameter tolerance of +/- 10 microns and angular tolerance of +/- 0.1 degree. Run out are controlled within 0.03mm.

Product range of the ciompany includes:

Cylinder heads for passenger cars
Cylinder heads for four stroke 2/3 wheelers
Support brackets
Steering rods and intake manifolds
Engine crank cases
Valve housings & alloy wheels

Awards/Achievements

The company's plants are TS 16949 certified.

Future plans

In continuation of its growth pursuit, Enkei is aggressively targeting international customers and has a vision to achieve sales of Rs 10,000 million by 2009-10.