Ameya Precision Engineers Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: AMEYA | Engineering | Small Cap

BSE Share Price
Not Listed

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Ameya Precision Engineers stock performance -

mw4me loader
P/E Ratio (SA):
20.07
Market Cap:
37.1 Cr.
52-wk low:
0
52-wk high:
0

Is Ameya Precision Engineers Ltd an attractive stock to invest in?

1. Is Ameya Precision Engineers Ltd a good quality company?

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

2. Is Ameya Precision Engineers Ltd undervalued or overvalued?

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

3. Is Ameya Precision Engineers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ameya Precision Engineers 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 Ameya Precision Engg:

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.
Ameya Precision Engineers 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'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10.7%14.1%17.2%9.7%9.7%-
Value Creation
Index
-0.20.00.2-0.3-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 21.823.524.723.828.529
Sales YoY Gr.-7.4%5.1%-3.5%19.9%-
Adj EPS 2.95.98.72.42.22.5
YoY Gr.-102.8%47.6%-72%-8.7%-
BVPS (₹) 24.930.94022.525.825.8
Adj Net
Profit
0.91.82.61.51.72
Cash Flow from Ops. 3.11.55.61.1-2-
Debt/CF from Ops. 25.40.92.6-0.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA6.7%19.9%
Adj EPS NANA-27.8%-8.7%
BVPSNANA-5.8%14.6%
Share Price - - - 47.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
11.62124.411.410.19.5
Op. Profit
Mgn %
13.317.219.912.610.211.3
Net Profit
Mgn %
47.510.56.15.86.5
Debt to
Equity
0.80.90.40.200
Working Cap
Days
023422621520797
Cash Conv.
Cycle
0919411513683

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 9.50%

Sales growth has been subdued in last 3 years 6.73%

Net Profit has been subdued in last 3 years -27.75%

Sales growth is not so good in last 4 quarters at -2.87%

Latest Financials - Ameya Precision Engineers Ltd.

Standalone Consolidated
TTM EPS (₹) 2.5 -
TTM Sales (₹ Cr.) 28.5 -
BVPS (₹.) 25.8 -
Reserves (₹ Cr.) 12 -
P/BV 1.92 -
PE 20.07 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 37.1
Equity (₹ Cr.) 7.5
Face Value (₹) 10
Industry PE 32.8

Management X-Ray of Ameya Precision Engg:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Ameya Precision Engg

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Sales21.8323.4524.6523.7828.51
Operating Expenses 18.9619.4319.7320.8025.61
Manufacturing Costs3.133.341.811.883.01
Material Costs9.579.089.219.6113.50
Employee Cost 2.522.703.484.965.21
Other Costs 3.744.325.234.353.89
Operating Profit 2.874.024.912.992.89
Operating Profit Margin (%) 13.2%17.2%19.9%12.6%10.1%
Other Income 0.100.030.240.180.40
Interest 0.850.600.510.260.17
Depreciation 11.050.990.810.78
Exceptional Items 1.260.06000
Profit Before Tax 2.392.463.662.102.35
Tax 0.660.660.930.580.50
Profit After Tax 1.731.802.731.521.85
PAT Margin (%) 7.9%7.7%11.1%6.4%6.5%
Adjusted EPS (₹)5.86.09.12.52.5
Dividend Payout Ratio (%)0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 7.469.2611.9913.5119.35
Share Capital 11267.50
Reserves 6.468.269.997.5111.85
Minority Interest00000
Debt6.277.925.082.990.82
Long Term Debt3.683.932.530.330
Short Term Debt2.593.992.552.650.82
Trade Payables3.474.342.442.452.11
Others Liabilities 0.810.551.720.601.49
Total Liabilities 18.0122.0821.2219.5423.77

Fixed Assets

Gross Block10.2411.5512.0312.7713.62
Accumulated Depreciation5.446.377.368.168.90
Net Fixed Assets4.805.184.674.614.72
CWIP 00000
Investments 000.900.561
Inventories3.565.054.424.975.02
Trade Receivables4.967.224.926.3610.18
Cash Equivalents 0.020.031.960.100.03
Others Assets4.674.604.342.952.82
Total Assets 18.0122.0821.2219.5423.77

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 3.081.475.611.13-1.98
PBT 2.392.463.662.102.35
Adjustment 1.561.481.350.960.80
Changes in Working Capital -0.15-1.821.55-1.36-4.66
Tax Paid -0.72-0.65-0.95-0.57-0.47
Cash Flow From Investing Activity -1.35-1.23-0.43-0.73-1.28
Capex -1.16-1.37-0.48-0.74-0.89
Net Investments 00.1400-0.44
Others -0.1900.050.010.05
Cash Flow From Financing Activity -1.72-0.23-3.25-2.253.19
Net Proceeds from Shares 00004.81
Net Proceeds from Borrowing -1.030.25-1.40-2.190.40
Interest Paid -0.69-0.48-0.41-0.16-0.08
Dividend Paid 00000
Others 00-1.440.10-1.94
Net Cash Flow 0.010.011.93-1.85-0.07
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)23.1421.5425.6711.9311.24
ROCE (%)23.5719.8124.3114.0613.71
Asset Turnover Ratio1.211.171.141.171.32
PAT to CFO Conversion(x)1.780.822.050.74-1.07
Working Capital Days
Receivable Days83959087106
Inventory Days6067707264
Payable Days1321571349362

Ameya Precision Engineers Ltd Stock News

Ameya Precision Engineers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ameya Precision Engg 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 Ameya Precision Engg stood at ₹37.05.
The latest P/E ratio of Ameya Precision Engg as of 01-Jan-1970 05:30 is 20.07.
The latest P/B ratio of Ameya Precision Engg as of 01-Jan-1970 05:30 is 1.92.
The 52-week high of Ameya Precision Engg is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ameya Precision Engg is ₹28.51 ( Cr.) .

About Ameya Precision Engineers Ltd

The company was incorporated as Private Limited Company under the name “Ameya Precision Engineers Private Limited” under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated December 06, 2012 issued by Registrar of Companies, Pune, Maharashtra. Subsequently, the Company was converted into a public limited company to approval of the shareholders at an extraordinary general meeting held on January 19, 2022 and consequently, the name of the Company was changed to Ameya Precision Engineers Limited and a Fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company was issued by the Registrar of Companies, Pune, Maharashtra on January 25, 2022.

Ameya Precision Engineers is engaged in manufacturing of high-end precision components (shafts, and other trim components) for the general engineering industry, but in particular valve and pump manufacturing. It also offers specialised processes like hard-facing and overlay of wear and corrosion-resistant alloys in line with ASME procedures. It offers an end-to-end solution from procurement of raw material to final despatch of hard-facing and overlay components. All the company’s hard-facing and overlay is done to ASME IX qualifications, an international stipulation for doing this kind of work in the high-pressure valve and pump industry (high pressure here is different from low pressure valve and pump side, which does not always need hard-facing and overlay). Its major customers are valve and pump manufacturers. Though currently, its customer base in these sectors, the set-up of machinery is flexible to can cater to any engineering industry that needs high precision components.

The company has a manufacturing facility situated at Pune Satara Road, Village Kasurdi (KB), Village Kasurdi (KB), Bhor, Pune, Maharashtra, India. The unit exports to the United States of America, United Kingdom, Germany, Singapore, Slovenija, Austria, and Brazil. The company has purchased the said business vide Slump Sale agreement dated April 01, 2013. The seller, Ameya Engineers, has been carrying on the business of manufacturing of engineering, valve components and shafts and thereby exporting the same. Whereas, the company has purchased the entire running business as going concern, it was essentially a partnership with the same ownership being converted to a private limited company. Its manufacturing facility is well equipped with the required facilities including machinery, other handling equipment’s to facilitate smooth manufacturing process and easy logistics. It endeavours to maintain safety in its premises by adhering to key safety norms, established through its internal health and safety manual, accompanied by regular safety meetings.

Business area of the company

Established in 1987, Ameya Precision Engineers is a Engineering component manufacturer, supplying high quality, cost effective products to a range of leading local and international valve and pump manufacturers.

Key Events

  • 2012: Incorporation of the Company as Ameya Precision Engineers Private Limited.
  • 2012: Purchased Business of Ameya Engineers via Slump Sales.
  • 2019: ISO 9001:2015 in accordance with TUV Nord.
  • 2020: Membership in Mahratta Chamber of Commerce, Industries and Agriculture, Pune.
  • 2021: One Star Export House.
  • 2022: Conversion of the Company from Private limited company to public limited company.
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