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Avery India Ltd. Stock Analysis

Small Cap
Evaluated by 5 users | BSE: 526556 | NSE: AVERY |
Engineering
Avery India was incorporated in the year 1911. It operates in two segments -- weighing machines and fuel dispensing units. The Group operates only in India.Avery India an ISO 9001-2000 company. The company pants are located at Ballabhgarh, Haryana, spread over 25 acres. It is equipped with...

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'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Return on Capital Employed 12.63%12.07%1.13%14.13%14.97%12.76%14.51%12.7%10.6%10.75%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 73.267.764.279.683.47483.577.67372.6
Y-o-Y Gr. Rt.--7.6%-5.1%23.9%4.7%-11.3%12.9%-7.1%-5.9%-0.6%
Adjusted EPS (Rs.) 5.716.220.568.5210.510.2913.4513.4912.7714.65
Y-o-Y Gr. Rt.-8.9%-91%1421.4%23.2%-2%30.7%0.3%-5.3%14.7%
Book Value per Share (Rs.) 49.2655.8256.4665.0775.7186.199.74113.21129.64144.17
Adjusted Net Profit 5.66.10.68.410.310.113.213.312.614.4
Net Op. Cash Flow (Rs. Cr.) 7.16.14.15.15.810.58.27.94.79.1
Debt to Cash Flow from Ops 0000000000
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.
Avery India Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -0.1%-2.7%-4.6%-0.6%
Adjusted EPS 11%6.9%2.9%14.7%
Book Value per Share 12.713.813.111.2
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Return on Equity (%) 12.3211.830.9914.0214.9112.7114.4712.6710.5110.7
Operating Profit Margin (%) 7.9110.13-1.5713.1616.0914.3717.317.1918.7422.17
Net Profit Margin (%) 7.679.040.8510.5212.3813.6815.8417.117.1919.85
Debt to Equity 0000000000
Working Capital Days 160181197170191234154204332356
Cash Conversion Cycle 43424327424831291925
Entity Percentage Holding
Promoters 100.00%
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.

Data is not available for this company.

Data is not available for this company

Avery India was incorporated in the year 1911. It operates in two segments -- weighing machines and fuel dispensing units. The Group operates only in India.

Avery India an ISO 9001-2000 company. The company pants are located at Ballabhgarh, Haryana, spread over 25 acres. It is equipped with state-of-the-art facilities to manufacture load cells weighing scales and dispensing pumps. It has been supplying weighing machines and weighing automation solutions to customers since its

Avery India was incorporated in the year 1911. It operates in two segments -- weighing machines and fuel dispensing units. The Group operates only in India.

Avery India an ISO 9001-2000 company. The company pants are located at Ballabhgarh, Haryana, spread over 25 acres. It is equipped with state-of-the-art facilities to manufacture load cells weighing scales and dispensing pumps. It has been supplying weighing machines and weighing automation solutions to customers since its inception. The company is the leading electronic scale manufacturer in India. Avery India provides efficient after sales services with a strong network of service establishments across India having a totally dedicated team of more than 200 trained service engineers/technicians. The service includes annual maintenance contracts, repairs, retrofits, capacity enhancements, installations, civil foundations and Calibration & Certification of our products.

Range of Product:

  • Weigh Bridges
  • Electronic Platform Scales
  • Fuel Dispensers / Petrol Pumps
  • Belt Weighers
  • Weigh Feeders
  • Liquid Filling Machines
  • Tank Weighers, Hybrid Kits, load cells and develop tailor made products, Software & Automation Solutions such as unmanned weighing systems as per customers' requirements.

Subsidiary company:

Salter India is a subsidiary company, which is located at Ballabhgarh, specializes in manufacturing mechanical & electronic spring balances.

As  on February 19,2009 ICICI Securities, on behalf of ITW Global Investments Inc. (Acquirer) along with AV Co Ltd (Person Acting in Concert or 'PAC'), issued the Post Offer Public Announcement to the equity shareholders of Avery India Ltd (Target Company), letter of offer dated December 31, 2008, pursuant to and in compliance with Regulations 10 and 12 and other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 1997, as amended ('Regulations'), whereby the Acquirer & the PAC made an open offer to acquire 19,66,461 fully paid-up equity shares of the face value of Rs 10 each, representing in the aggregate 20% of the paid-up equity share capital and voting capital of the Target Company.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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