Competent Automobiles Company Ltd - Stock Valuation and Financial Performance

BSE: 531041 | NSE: | Automobiles - Dealers & Distributors | Small Cap

Competent Auto Share Price

464.25 -1.15 -0.25%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Competent Auto

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

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Competent Automobiles Company stock performance -

mw4me loader
P/E Ratio (SA):
10.59
Market Cap:
286 Cr.
52-wk low:
188.6
52-wk high:
524.4

Is Competent Automobiles Company Ltd an attractive stock to invest in?

1. Is Competent Automobiles Company Ltd a good quality company?

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

2. Is Competent Automobiles Company Ltd undervalued or overvalued?

The key valuation ratios of Competent Automobiles Company Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Competent Automobiles Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Competent Automobiles Company 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 Competent Auto:

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.
Competent Automobiles Company 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 % 11.7%12.8%11.7%11.6%15%7.7%7.8%7%6.5%8.1%-
Value Creation
Index
-0.2-0.1-0.2-0.20.1-0.5-0.4-0.5-0.5-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8089241,0431,2431,2491,2401,1651,2051,2461,7322,074
Sales YoY Gr.-14.4%12.9%19.1%0.5%-0.7%-6%3.5%3.3%39%-
Adj EPS 14.318.820.722.543.625.329.528.131.139.343.9
YoY Gr.-31.8%10%8.8%93.6%-42.1%16.9%-4.9%10.8%26.4%-
BVPS (₹) 130.8148.4167.9186.6319344.9406.8434464.7505533.2
Adj Net
Profit
8.811.612.713.826.815.518.217.319.124.227
Cash Flow from Ops. 12.238-18.939.9-35.2-45.266.186.46.412.3-
Debt/CF from Ops. 2.40.9-3.71.4-2-2.41.6120.313.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.8%6.8%14.1%39%
Adj EPS 11.9%-2%10%26.4%
BVPS16.2%9.6%7.5%8.7%
Share Price 22.2% 22.1% 46.2% 143%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
11.513.513.112.717.27.67.96.76.98.18.5
Op. Profit
Mgn %
2.52.82.82.82.93.13.74.54.43.73.4
Net Profit
Mgn %
1.11.31.21.12.21.31.61.41.51.41.3
Debt to
Equity
0.40.40.70.50.40.50.40.30.50.5-
Working Cap
Days
4038414040516148535417
Cash Conv.
Cycle
242428242235453230284

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.50%

Sales growth is growing at healthy rate in last 3 years 14.11%

Net Profit is growing at healthy rate in last 3 years 10.01%

Sales growth is good in last 4 quarters at 27.40%

No data to display

Latest Financials - Competent Automobiles Company Ltd.

Standalone Consolidated
TTM EPS (₹) 43.9 -
TTM Sales (₹ Cr.) 2,074 -
BVPS (₹.) 533.2 -
Reserves (₹ Cr.) 322 -
P/BV 0.87 -
PE 10.59 -
From the Market
52 Week Low / High (₹) 188.60 / 524.40
All Time Low / High (₹) 6.50 / 524.40
Market Cap (₹ Cr.) 286
Equity (₹ Cr.) 6.2
Face Value (₹) 10
Industry PE 61.2

Management X-Ray of Competent Auto:

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 Competent Auto

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
Sales8089241,0431,2431,2491,2401,1651,2051,2461,732
Operating Expenses 7888981,0141,2081,2131,2011,1221,1511,1901,668
Manufacturing Costs556259788087897796109
Material Costs6887858881,0511,0421,0189511,0011,0141,453
Employee Cost 20242934404545415167
Other Costs 24283846515236313039
Operating Profit 20262935363944545564
Operating Profit Margin (%) 2.5%2.8%2.8%2.8%2.8%3.1%3.7%4.5%4.4%3.7%
Other Income 111182432657
Interest 55799101211817
Depreciation 46558921242519
Exceptional Items 000-3000000
Profit Before Tax 141619191012443262734
Tax 446719948810
Profit After Tax 9121312821639171925
PAT Margin (%) 1.1%1.3%1.2%1.0%6.6%1.3%3.3%1.4%1.6%1.4%
Adjusted EPS (₹)14.918.920.919.7133.625.763.128.231.740.2
Dividend Payout Ratio (%)7%5%5%5%1%4%2%4%3%2%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 8091103115196212250267286310
Share Capital 6666666666
Reserves 748597109190206244261279304
Minority Interest0000000000
Debt283168577010810681129168
Long Term Debt56102211900
Short Term Debt232567566710710562129168
Trade Payables25201251266556
Others Liabilities 27545554121892938375
Total Liabilities 161196238230290344453447503560

Fixed Assets

Gross Block75798374104118259272264277
Accumulated Depreciation32374044485460787490
Net Fixed Assets434243305664199194191187
CWIP 91212126141711
Investments 8123434343535353558
Inventories64627950531051204969112
Trade Receivables18233025386211455644
Cash Equivalents 8321426632824635326
Others Assets131425634344504599132
Total Assets 161196238230290344453447503560

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1238-1940-35-456686612
PBT 141619191012443262734
Adjustment 8111117-64162302931
Changes in Working Capital -417-4213-52-762937-42-45
Tax Paid -5-6-7-8-21-10-7-6-9-8
Cash Flow From Investing Activity -12-11-29-769-18-46-60-52
Capex -5-7-7-768-20-47-7-4-7
Net Investments -8-4-22000002-36
Others 000022112-9
Cash Flow From Financing Activity 1-230-21-234-24-432913
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00002-1-2-254839
Interest Paid -5-5-7-9-9-10-12-11-8-11
Dividend Paid -1-1-1-1-1-1-1-1-1-1
Others 6337-11545-9-6-10-14
Net Cash Flow 124-181232-29-43835-27
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)12.0413.5313.211.1152.867.7516.86.717.048.3
ROCE (%)17.7517.9317.1116.0950.211.7716.0910.379.2611.48
Asset Turnover Ratio5.375.184.815.314.83.912.922.682.623.26
PAT to CFO Conversion(x)1.333.17-1.463.33-0.43-2.811.695.060.320.48
Working Capital Days
Receivable Days98989151181511
Inventory Days27252519152335261719
Payable Days131163332221

Competent Automobiles Company Ltd Stock News

Competent Automobiles Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Competent Auto on 28-Mar-2024 16:01 is ₹464.2.
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 28-Mar-2024 16:01 the market cap of Competent Auto stood at ₹286.0.
The latest P/E ratio of Competent Auto as of 28-Mar-2024 16:01 is 10.59.
The latest P/B ratio of Competent Auto as of 28-Mar-2024 16:01 is 0.87.
The 52-week high of Competent Auto is ₹524.4 and the 52-week low is ₹188.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Competent Auto is ₹2,074 ( Cr.) .

About Competent Automobiles Company Ltd

Competent Automobiles (CACL) was incorporated in 1985 as a private limited company and was converted into a public limited company in 1994.

CACL is a part of Delhi based Competent Group, promoted by Shri Raj Chopra. The profit making company, since its inception, is engaged in automobile business. Presently, the company has two dealerships of Maruti Udyog - one is for Delhi and other for Himachal Pradesh at Mandi. For Delhi dealership the company has four showrooms and three big workshops.

Much before Total Quality Management and ISO accreditations became fashionable buzzwords in management circles; Competent Automobiles was more than living up to its name. This has enabled the company to fully comply with the stringent norms set by MUL while other dealers were only gearing up. Competent has been example and trend setter for Maruti Customers.

Business Segments:

The company operates in two business segments -- Automobile showrooms and Automobile workshops.

a) Automobile showrooms – Helpful executives, working under the over all guidance of Branch Manager, provides answers to customers queries, explain the features of various models and provide advice and assistance. They even accompany customers on test drive of new cars.

The company's main showroom is situated in the heart of New Delhi at Connaught Place. It contributes the highest number of maruti vehicles sales in India.

Besides this it also has showrooms in Lajpat Nagar, Gazipur, Rattan Park and Mandi (H.P.).

b) Automobile workshops – The company opened workshops on persistent demand made by its customers. The workshops are equipped with latest high technology tools and equipment, managed and manned by highly qualified, experienced and motivated managers and workers.

Its workshops are located at Gazipur, Mandi and Mehrauli.

Group Companies:

  • Competent Construction -- A leading name in the field of construction, Competent Construction undertakes turnkey projects, besides real -estate development. There are many prestigious projects to its credit including important Hotels, Embassies, Hospitals, Housing complexes, Auditoriums etc.
  • Competent Hotels -- The Competent group also diversified into hotel business in India. Its first five star hotel was commissioned in, April 1994 in Manali, Himachal Pradesh under the name Holiday Inn Manali which has franchise agreement with the 'Intercontinental Hotels Group, USA’.
  • Competent Leasing & Finance -- A company engaged in the syndication of finance for cars.
  • Competent Films Enterprises -- Engaged in the exhibition and distribution of films for Delhi-U.P circuits and has given many block buster feature films of prominent producers. 
  • Competent Films

Achievements:

The company is accredited with ISO-9002, which is an assurance of Total Quality,

The company’s status was recently re-affirmed at the All India Maruti Dealers' Convention at New Delhi. The company bagged maximum number of awards in all thirteen categories. Chief among these awards were those for best Sales, Service and Customer Satisfaction.

In the past, Competent's services have consistently won the primary award that really matters to any organisation providing services.

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