Financials Aaron Industries Limited

Equities

AARON

INE721Z01010

Heavy Electrical Equipment

Market Closed - NSE India S.E. 07:49:09 2024-05-14 EDT 5-day change 1st Jan Change
264 INR +2.98% Intraday chart for Aaron Industries Limited +1.89% -6.40%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 229.1 216.2 574.5 1,139 1,842
Enterprise Value (EV) 1 277.1 266.9 645 1,231 1,955
P/E ratio 19.2 x 15.2 x 29.8 x 30.7 x 34.1 x
Yield - 1.46% - 0.71% 0.55%
Capitalization / Revenue 1.31 x 1.01 x 2.31 x 3.02 x 3.3 x
EV / Revenue 1.58 x 1.25 x 2.59 x 3.26 x 3.5 x
EV / EBITDA 13.6 x 8.53 x 18.9 x 20.8 x 20.4 x
EV / FCF -3.24 x -47.4 x -24.8 x -38 x -120 x
FCF Yield -30.8% -2.11% -4.03% -2.63% -0.84%
Price to Book 2.44 x 2 x 4.72 x 7.17 x 8.99 x
Nbr of stocks (in thousands) 10,044 10,044 10,044 10,044 10,044
Reference price 2 22.81 21.53 57.20 113.4 183.4
Announcement Date 19-07-31 20-07-25 21-08-06 22-08-06 23-08-11
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 117.7 175.5 214 249.2 377.4 558.5
EBITDA 1 15.62 20.33 31.28 34.15 59.1 95.74
EBIT 1 14.66 18.4 25.83 27.91 50.67 84.31
Operating Margin 12.45% 10.48% 12.07% 11.2% 13.43% 15.1%
Earnings before Tax (EBT) 1 13.39 15.73 20.14 24.56 48.61 74.35
Net income 1 9.305 10.59 14.24 19.27 37.09 54.04
Net margin 7.9% 6.03% 6.65% 7.73% 9.83% 9.68%
EPS 2 2.306 1.186 1.418 1.919 3.693 5.381
Free Cash Flow 1 -21.52 -85.43 -5.63 -25.99 -32.39 -16.34
FCF margin -18.28% -48.67% -2.63% -10.43% -8.58% -2.93%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 0.3143 - 0.8000 1.000
Announcement Date 18-05-04 19-07-31 20-07-25 21-08-06 22-08-06 23-08-11
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 10.5 48 50.6 70.5 91.2 113
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.669 x 2.361 x 1.619 x 2.064 x 1.543 x 1.183 x
Free Cash Flow 1 -21.5 -85.4 -5.63 -26 -32.4 -16.3
ROE (net income / shareholders' equity) 48.6% 16.4% 14.1% 16.9% 26.4% 29.7%
ROA (Net income/ Total Assets) 19.3% 9.4% 8.82% 8.59% 12.3% 15.4%
Assets 1 48.32 112.7 161.6 224.3 301.3 351.1
Book Value Per Share 2 4.780 9.330 10.80 12.10 15.80 20.40
Cash Flow per Share 2 0.0100 0.3800 0.1400 0.0200 0.0300 0.0500
Capex 1 14.3 74.6 15 46.3 30.9 40.7
Capex / Sales 12.12% 42.5% 7% 18.59% 8.2% 7.29%
Announcement Date 18-05-04 19-07-31 20-07-25 21-08-06 22-08-06 23-08-11
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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