Ahmedabad Steelcraft Ltd - Stock Valuation and Financial Performance

BSE: 522273 | NSE: | Steel & Iron Products | Small Cap

Ahmd.Steelcraft Share Price

333.90 6.50 1.99%
as on 11-Oct'24 16:01

DeciZen - make an informed investing decision on Ahmd.Steelcraft

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Ahmedabad Steelcraft stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
136.6 Cr.
52-wk low:
22.3
52-wk high:
333.9

Is Ahmedabad Steelcraft Ltd an attractive stock to invest in?

1. Is Ahmedabad Steelcraft Ltd a good quality company?

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

2. Is Ahmedabad Steelcraft Ltd undervalued or overvalued?

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

3. Is Ahmedabad Steelcraft Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ahmedabad Steelcraft 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 Ahmd.Steelcraft:

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.
Ahmedabad Steelcraft 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 % 7.3%-8.7%3.3%0.2%1%4.9%-2.7%-1.2%-2.1%-2.4%-
Value Creation
Index
-0.5-1.6-0.8-1.0-0.9-0.7-1.2-1.1-1.2-1.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11.82.53.24.28.710.37.11.90.72.20
Sales YoY Gr.--78.8%27.1%31%108.1%18.3%-31.4%-72.5%-64.4%218.8%-
Adj EPS 4.6-1.52-0.20.83.4-2.1-0.5-1.5-1.4-5.2
YoY Gr.--133.6%NA-108.3%NA309.5%-159.9%NANANA-
BVPS (₹) 67.260.561.962.762.76560.762.562.26156.5
Adj Net
Profit
1.9-0.60.8-0.10.31.4-0.8-0.2-0.6-0.6-2
Cash Flow from Ops. 1.20.6-2.50.5-3.2-1.4-1.7-0.6-1.1-1.9-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -17.1%-24%-32.2%218.8%
Adj EPS -187.5%-210.4%NANA
BVPS-1.1%-0.6%0.2%-1.9%
Share Price 30.4% 93.4% 166.2% 1339.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
7.1-2.43.3-0.31.35.4-3.3-0.8-2.4-2.2-8.9
Op. Profit
Mgn %
1.4-48.2-27.5-28.8-9.4-8.6-21.1-60.3-171.5-53.5-1330.4
Net Profit
Mgn %
15.9-25.226.1-1.7413.7-11.9-10.1-87.1-25.6-690
Debt to
Equity
0000000000-
Working Cap
Days
1926574693712042403391,2023,2161,0096,147
Cash Conv.
Cycle
121750706575983257292795,752

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -32.20%

Sales growth is not so good in last 4 quarters at -88.04%

Latest Financials - Ahmedabad Steelcraft Ltd.

Standalone Consolidated
TTM EPS (₹) -5.2 -
TTM Sales (₹ Cr.) 0.3 -
BVPS (₹.) 56.5 -
Reserves (₹ Cr.) 19 -
P/BV 5.91 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 22.25 / 333.90
All Time Low / High (₹) 2.05 / 327.40
Market Cap (₹ Cr.) 137
Equity (₹ Cr.) 4.1
Face Value (₹) 10
Industry PE 32.9

Management X-Ray of Ahmd.Steelcraft:

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 Ahmd.Steelcraft

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
Sales123349107212
Operating Expenses 1264510119324
Manufacturing Costs0000000000
Material Costs9223896202
Employee Cost 0000000000
Other Costs 2412222111
Operating Profit 0-4-1-1-1-1-2-1-1-1
Operating Profit Margin (%) 0.4%-143.0%-27.5%-28.8%-11.7%-10.9%-22.4%-62.6%-171.0%-59.6%
Other Income 2221131111
Interest 0000000000
Depreciation 0000000000
Exceptional Items 0000000000
Profit Before Tax 2-21001-10-1-1
Tax 0000000000
Profit After Tax 2-21001-10-1-1
PAT Margin (%) 15.3%-89.1%26.4%-0.3%2.3%12.1%-12.9%-11.7%-87.0%-29.9%
Adjusted EPS (₹)4.4-5.52.10.00.53.0-2.2-0.6-1.5-1.6
Dividend Payout Ratio (%)23%0%36%-1,650%100%16%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 28252526262725262525
Share Capital 4444444444
Reserves 23212122222221212121
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables0000000000
Others Liabilities 1010101111
Total Liabilities 28252626272726262626

Fixed Assets

Gross Block3322225555
Accumulated Depreciation1110111111
Net Fixed Assets2222224444
CWIP 0000000000
Investments 17181819171613151514
Inventories0000000000
Trade Receivables0011222212
Cash Equivalents 3312222022
Others Assets6343454544
Total Assets 28252626272726262626

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 11-31-3-1-2-1-1-2
PBT 2-21001-10-1-1
Adjustment -21-2-1-1-2-1-1-10
Changes in Working Capital 11-21-2-0-000-1
Tax Paid 0000000000
Cash Flow From Investing Activity 0-110321112
Capex 000000-3000
Net Investments -2-10-12110-11
Others 2021123121
Cash Flow From Financing Activity 0000000000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000000000
Net Cash Flow 0-1-1001-1000
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)6.81-8.543.36-0.050.84.76-3.53-0.9-2.35-2.61
ROCE (%)7.26-8.653.260.150.984.91-2.67-1.24-2.09-2.43
Asset Turnover Ratio0.430.090.120.160.330.380.270.070.030.08
PAT to CFO Conversion(x)0.5N/A-3N/AN/A-1N/AN/AN/AN/A
Working Capital Days
Receivable Days160130816375108356764309
Inventory Days0065500000
Payable Days422322344135621553

Ahmedabad Steelcraft Ltd Stock News

Ahmedabad Steelcraft Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ahmd.Steelcraft on 11-Oct-2024 16:01 is ₹333.9.
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 11-Oct-2024 16:01 the market cap of Ahmd.Steelcraft stood at ₹136.6.
The latest P/E ratio of Ahmd.Steelcraft as of 11-Oct-2024 16:01 is 0.00.
The latest P/B ratio of Ahmd.Steelcraft as of 11-Oct-2024 16:01 is 5.91.
The 52-week high of Ahmd.Steelcraft is ₹333.9 and the 52-week low is ₹22.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ahmd.Steelcraft is ₹0.31 ( Cr.) .

About Ahmedabad Steelcraft Ltd

Ahmedabad Steelcraft, incorporated in 1942, is a pioneer in the manufacturing of component parts of MS steel windows, doors and ventilator fabricated frames. It has a variety of sections to offer and can meet almost any requirement of the clients.

Over 50 types of sections are manufactured at company’s modern, well-equipped and sophisticated plant in Ahmedabad, manned by highly competent and technically qualified personnel. The company is situated in Odhav industrial area in the city of Ahmedabad, the largest city in the state of Gujarat.

In recognition of it’s outstanding export performance the Engineering Export Promotion Council of India (promoted by Government of India, Ministry of Commerce) awarded the EEPC Export Award to company for number of years. 

The company exports sections to fabricators, contractors, builders, engineers for fabricating them into steel doors, windows and ventilators in the US, Canada, UK, Europe, Australia, New Zealand, South East Asia, Caribbean countries, Mauritius, Israel and Guyana.

Ahmedabad Steelcraft can manufacture any shape and profile -- both hot processed and bright bar drawn for engineering technologies like automobiles, railways, textile machinery parts, etc. These parts are developed as per specific orders.

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