Acrow India Ltd - Stock Valuation and Financial Performance

BSE: 513149 | NSE: | Engineering - Industrial Equipments | Small Cap

Acrow India Share Price

737.95 -34.10 -4.42%
as on 12-Jul'24 16:01

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Acrow India stock performance -

mw4me loader
P/E Ratio (SA):
46.12
Market Cap:
47.2 Cr.
52-wk low:
600
52-wk high:
945

Is Acrow India Ltd an attractive stock to invest in?

1. Is Acrow India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Acrow India Ltd is a below average quality company.

2. Is Acrow India Ltd undervalued or overvalued?

The key valuation ratios of Acrow India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Acrow India Ltd a good buy now?

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

10 Year X-Ray of Acrow 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.
Acrow India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -5.7%-6.4%-0.1%-1.5%-0.9%1.3%-1%-0.7%-0.5%0.6%-
Value Creation
Index
-1.4-1.5-1.0-1.1-1.1-0.9-1.1-1.1-1.0-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00.2000000000
Sales YoY Gr.-600%-100%NA-100%NANANANANA-
Adj EPS -9.4-10.5-0.8-5.1-3.44.5-3.5-2.2-1.9216
YoY Gr.-NANANANANA-176.7%NANANA-
BVPS (₹) 132.9151.4342337.1337.7340.9336.2334347.4347.7363.7
Adj Net
Profit
-0.6-0.7-0.1-0.3-0.20.3-0.2-0.1-0.10.11
Cash Flow from Ops. -0.7-0.6-7.4-2.1-0.8-0.1-0.7-0.6-0.6-1-
Debt/CF from Ops. -2.2-1.9-0.1-0.3-0.4-1.1-0.1000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%NANANA
Adj EPS NANANANA
BVPS11.3%0.6%1.1%0.1%
Share Price 26.4% 41.3% 74% -13.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-6.8-7.4-0.3-1.5-11.3-1-0.7-0.60.64.5
Op. Profit
Mgn %
-2505.8-3650-4721.7000000NAN
Net Profit
Mgn %
-1929.6-321.30-1344.5000000INF
Debt to
Equity
0.20.1000000000
Working Cap
Days
61,52510,47901,19,8830000000
Cash Conv.
Cycle
15,1621,948015,5010000000

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.50%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Acrow India Ltd.

Standalone Consolidated
TTM EPS (₹) 16 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 363.7 -
Reserves (₹ Cr.) 23 -
P/BV 2.03 -
PE 46.12 -
From the Market
52 Week Low / High (₹) 600.00 / 945.00
All Time Low / High (₹) 10.00 / 1210.00
Market Cap (₹ Cr.) 47.2
Equity (₹ Cr.) 0.6
Face Value (₹) 10
Industry PE 71.4

Management X-Ray of Acrow 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 Acrow India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0.030.2100.02000000
Operating Expenses 0.880.981.551.181.110.830.910.681.440.98
Manufacturing Costs0.080.060.020.020.040.040.030.020.070.01
Material Costs0.030.170.29000000.630
Employee Cost 0.060.020.040.070.080.060.070.180.230.16
Other Costs 0.710.721.191.090.990.720.810.480.510.80
Operating Profit -0.85-0.77-1.55-1.15-1.11-0.83-0.91-0.68-1.44-0.98
Operating Profit Margin (%) -2,704.5%-365.0%--4,721.7%------
Other Income 0.480.840.951.271.511.250.930.601.391.11
Interest 0.020.010.0400.030.010000
Depreciation 0.310.300.460.460.390.330.270.240.240.18
Exceptional Items 02.6417.57000001.400
Profit Before Tax -0.702.4016.48-0.35-0.010.09-0.26-0.321.10-0.05
Tax -0.051.114.28-0.04-0.01-0.120.04-0.180.24-0.07
Profit After Tax -0.651.2912.19-0.3100.21-0.30-0.140.860.02
PAT Margin (%) -2,068.7%614.0%--1,273.4%------
Adjusted EPS (₹)-10.120.1190.5-4.90.03.2-4.7-2.213.40.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 8.519.6921.8921.5821.6121.8221.5121.3722.2322.25
Share Capital 0.640.640.640.640.640.640.640.640.640.64
Reserves 7.879.0521.2520.9420.9721.1820.8720.7321.5921.61
Minority Interest0000000000
Debt1.310.860.530.280.140.050000
Long Term Debt1.130.860.530.280.140.050000
Short Term Debt0.17000000000
Trade Payables0.170.120.380.150.060.020.030.020.010.01
Others Liabilities 1.662.400.650.500.230.036.570.620.12-0.23
Total Liabilities 11.6513.0723.4522.5222.0421.9128.1222.0222.3622.03

Fixed Assets

Gross Block9.6511.6211.2511.2511.2511.2711.2911.299.018.49
Accumulated Depreciation5.175.615.586.046.436.767.037.275.034.62
Net Fixed Assets4.486.025.675.214.834.514.264.023.983.86
CWIP 0000000000
Investments 0.310.289.201.710.719.509.258.998.950
Inventories1.321.150.850.850.660.660.660.6600
Trade Receivables0.100.080.080.580.0600.040.140.150
Cash Equivalents 0.050.020.036.085.455.895.985.767.180.03
Others Assets5.405.517.628.0910.321.357.922.462.1118.14
Total Assets 11.6513.0723.4522.5222.0421.9128.1222.0222.3622.03

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.70-0.59-7.40-2.09-0.75-0.13-0.65-0.64-0.60-1.01
PBT -0.702.4016.48-0.35-0.010.09-0.26-0.321.10-0.05
Adjustment -0.08-3.17-17.97-0.77-0.88-0.05-0.44-0.36-2.54-0.90
Changes in Working Capital 0.120.270.49-0.890.14-0.16-0.11-0.190.860.15
Tax Paid -0.03-0.09-6.40-0.08000.160.23-0.02-0.20
Cash Flow From Investing Activity 0.921.027.748.40-0.080.660.790.412.02-6.14
Capex -0.090.6517.470-0.01-0.02-0.0201.60-0.09
Net Investments 2.730.19-97.501.01-8.910.130.740.799.45
Others -1.720.18-0.720.90-1.089.590.68-0.33-0.37-15.50
Cash Flow From Financing Activity -0.22-0.46-0.33-0.260.20-0.10-0.05000
Net Proceeds from Shares 00000.0300000
Net Proceeds from Borrowing -0.23-0.28-0.32-0.25-0.14-0.10-0.05000
Interest Paid -0.02-0.01000-0.010000
Dividend Paid 00-0.01-0.01-0.0100000
Others 0.03-0.17000.3200000
Net Cash Flow 0-0.020.016.05-0.630.440.09-0.231.42-7.15
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-7.3314.1677.23-1.430.010.94-1.39-0.653.940.08
ROCE (%)-6.5323.0998.4-1.560.110.42-1.17-1.515.06-0.23
Asset Turnover Ratio00.0200000000
PAT to CFO Conversion(x)N/A-0.46-0.61N/AN/A-0.62N/AN/A-0.7-50.5
Working Capital Days
Receivable Days1,11314404,394000000
Inventory Days01,90700000000
Payable Days2,2093103130000090

Acrow India Ltd Stock News

Acrow India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Acrow India on 12-Jul-2024 16:01 is ₹738.0.
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 12-Jul-2024 16:01 the market cap of Acrow India stood at ₹47.23.
The latest P/E ratio of Acrow India as of 12-Jul-2024 16:01 is 46.12.
The latest P/B ratio of Acrow India as of 12-Jul-2024 16:01 is 2.03.
The 52-week high of Acrow India is ₹945.0 and the 52-week low is ₹600.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Acrow India is ₹0.00 ( Cr.) .

About Acrow India Ltd

Acrow India was incorporated in 1960 at Mumbai as a joint venture between Hindustan construction of the Walchand Group & Acrow (Engineers), U.K for manufacturing the modern system of Acrow Steel formwork scaffolding and allied equipment for the construction industry. Acrow (Engineers), U.K. provided the company with the technical know-how and plant and machinery as part of their capital.The company's registered office is located at plot No 2 & 3,At & P O Ravalgaon,Tal Malegaon Nashik,Maharashtra-423108.

Business profile:

The company is in the business of marketing, designing, developing, manufacturing, installing and servicing of handling, storage, processing equipment and machinery, industrial pumps, weighing and bagging machines for sugar and other industries, industrial storage systems and related accessories. It also provides complete range of adjustable storage systems for light or heavy storage, drive in racks eliminating aisles and maximizing density of storage, automatic storage and retrieval systems, cantilever racks for long length material storage, mezzanine floor arrangements.

Certifications:

  • ISO 9001-2000
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