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Omax Autos Ltd Stock Analysis

Small Cap
Evaluated by 415 users | BSE: 520021 | NSE: OMAXAUTO |
Trading
Omax Auto Ltd. was incorporated in 1983. It is a member of Munjal group of companies. The company is having a very broad customer base and supplies products to Maruti Udyog, Hero Honda, Escorts Bharat seats and other leading manufacturers of automobile industry. The company has also...

Analysis of Financial Track Record

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
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Capital Employed 9.32%10.92%8.37%2.48%4.68%5.25%4.11%7.89%5.12%5.93%-
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1,1571,2871,0989751,0041,0271,0421,179992467178
Y-o-Y Gr. Rt.-11.3%-14.7%-11.2%3%2.3%1.5%13.1%-15.9%-52.9%-
Adjusted EPS (Rs.) 8.7711.197.25-3.361.283.5-0.933.530.134.41-2.76
Y-o-Y Gr. Rt.-27.6%-35.2%-146.3%NA173.4%-126.6%NA-96.3%3292.3%-
Book Value per Share (Rs.) 83.5994.41100.597.57100.37102.86103.1107.62107.1126.83131.23
Adjusted Net Profit 18.823.915.5-7.22.77.5-27.50.39.4-6
Net Op. Cash Flow (Rs. Cr.) 10813760.449.234.650.2-21.468.5-87.415.1-
Debt to Cash Flow from Ops 2.441.453.243.283.971.95-7.281.88-2.1814.62-
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Omax Autos Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -9.6%-14.2%-23.5%-52.9%
Adjusted EPS -7.4%28.1%NA3292.3%
Book Value per Share 4.74.87.218.4
Share Price 0.5% -8.4% -22% 13.4%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Equity (%) 11.0312.577.44-3.391.293.45-0.93.350.123.77-2.14
Operating Profit Margin (%) 6.786.916.473.934.455.163.173.574.074.45-19.7
Net Profit Margin (%) 1.621.861.41-0.740.270.73-0.190.640.032.02-3.31
Debt to Equity 1.470.990.910.770.640.450.710.560.830.81-
Working Capital Days 69686566656784100135284-
Cash Conversion Cycle 7-5-11-11-10-66182764-
Loading price chart...
Entity Percentage Holding
Promoters 57.67%
Non-Institutions 42.33%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Omax Autos Ltd's earnings have grown by 28.1%, whereas share price has declined -8.4% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.

Omax Autos Ltd share price has appreciated 2% annually (CAGR) over the past ten years.

Data is not available for this company.

Omax Auto Ltd. was incorporated in 1983. It is a member of Munjal group of companies. The company is having a very broad customer base and supplies products to Maruti Udyog, Hero Honda, Escorts Bharat seats and other leading manufacturers of automobile industry. The company has also started supplying to SRF Nippon Denro Carrier Aircon and Eisher Mitsubishi on regular basis.

Fully attuned to evolving customer needs & requirements, over the years, the Omax group has grown from

Omax Auto Ltd. was incorporated in 1983. It is a member of Munjal group of companies. The company is having a very broad customer base and supplies products to Maruti Udyog, Hero Honda, Escorts Bharat seats and other leading manufacturers of automobile industry. The company has also started supplying to SRF Nippon Denro Carrier Aircon and Eisher Mitsubishi on regular basis.

Fully attuned to evolving customer needs & requirements, over the years, the Omax group has grown from strength to strength. It has not only multiplied its manufacturing and engineering capabilities in a big way, but also taken a giant leap in the highly dynamic international market. The group is working hand in hand with a multitude of new clients across many industries.

The company is amongst top Three companies in sheet metal and tubular segment – (Process 85k Tons Steel pa) It is having the largest Sprocket manufacturing capacity (11 Million pa) in South East Asia.

The company is also having the largest Tri Nickel Chrome Plating facility (120 Million DM2) and the largest welding facility in India with 800 machines (100 Km welding capacity per day)

Product range of the company includes:

The company is a composite solution provider to different customer requirement.

Automotive

  • Tubular Welded Component
  • Sprocket
  • Welded Component in all
  • Sheet Metal Component in all

Engineering

  • Model Developed By UG-NX4 Software
  • 3D-Tool Model By UG-NX4

Railway & Defense Supplies  Metal Home Furnishing 

  • Carbon Steel
  • Stainless Steel

Clientele:

  • Hero Honda Motors Ltd.
  • Honda Motorcycle & Scooter India Pvt. Ltd.
  • Honda - Siel Car India Ltd. 
  • Carrier Aircon Ltd.
  • International Tractors 
  • Maruti Udyog Ltd. (Suzuki J.V) 
  • New Holland Tractor 
  • TVS Motors Limited  
  • Atlantic Global Services
  • Cummins
  • Delphi

Milestones:

1984 – 90- Started commercial production at Dharuhera for Hero Honda- Went public and established 2nd Plant at Gurgaon

1991 - 98- Expanded customer base to include TVS- Expanded product profile to include complete 2 wheeler body frame- Certified ISO 9002 compliant by TUV – Germany

1999 – 03- Established 3rd facility at Sidhrawali- Expanded process capability to include paint shop with technology from ABB- Major expansion and upgradation of electro plating facility- Kaizen process initiated across all plants- New customers added – New Holland Tractors, Honda Seil Cars- Set up separate Sprocket Division.

2003 – 08- ISO/TS-16949, ISO-14001 & OHSAS - 18001 compliant- 6th Plant at Bangalore (Karnataka)- 7th Plant INDITAL at Dharuhera (Haryana).- Started Exports to North America and Europe: Delphi, Tenneco,, Piaggio.- Established 8th Plant at Binola (Gurgaon).- TPM Activities initiated.- SAP rolled out in all plants.- Diversified in Home Furnishing Business with IKEA – Sweden.- Further diversified into Defence and Railway business as well.- Signed a Joint Venture Agreement with COC (China Oghiara Corporation),- Chassis project for TATA MOTORS under construction

Achievements/ recognition:

Certification

  • ISO/TS 16949
  • ISO 14001
  • ISO 18001
  • India Govt. Approved, NABL Calibrated Lab
  • DOL to Suzuki Motors & HHML
  • Quality Tools
  • 5S & 5W
  • KAIZEN
  • TPM

OMAX AUTOS has established, documented, implemented and maintained an Integrated Management System in line with the requirement of ISO/TS 16949: 2002, ISO 14001:2004, OHSAS 18001:2007.

Awards

  • Hero Honda Award
  • Q Way Award
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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