New Risk • Jun 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹951.5m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Market cap is less than US$10m (₹951.5m market cap, or US$9.99m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin). Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹0.85 (vs ₹5.98 in FY 2025) Full year 2026 results: EPS: ₹0.85 (down from ₹5.98 in FY 2025). Revenue: ₹3.41b (down 9.5% from FY 2025). Net income: ₹9.22m (down 86% from FY 2025). Profit margin: 0.3% (down from 1.7% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • May 21
Akar Auto Industries Limited to Report Q4, 2026 Results on May 29, 2026 Akar Auto Industries Limited announced that they will report Q4, 2026 results on May 29, 2026 Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹105, the stock trades at a trailing P/E ratio of 42.8x. Average trailing P/E is 30x in the Auto Components industry in India. Total returns to shareholders of 37% over the past three years. Buy Or Sell Opportunity • Apr 08
Now 27% overvalued Over the last 90 days, the stock has fallen 24% to ₹88.54. The fair value is estimated to be ₹69.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹74.90, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 26x in the Auto Components industry in India. Total returns to shareholders of 13% over the past three years. New Risk • Mar 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹930.7m (US$9.90m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Market cap is less than US$10m (₹930.7m market cap, or US$9.90m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). New Risk • Feb 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (₹1.04b market cap, or US$11.4m). Reported Earnings • Feb 18
Third quarter 2026 earnings released: ₹0.87 loss per share (vs ₹1.70 profit in 3Q 2025) Third quarter 2026 results: ₹0.87 loss per share (down from ₹1.70 profit in 3Q 2025). Revenue: ₹840.8m (down 8.8% from 3Q 2025). Net loss: ₹9.41m (down 151% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Feb 06
Akar Auto Industries Limited to Report Q3, 2026 Results on Feb 13, 2026 Akar Auto Industries Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹104, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 31x in the Auto Components industry in India. Total returns to shareholders of 62% over the past three years. New Risk • Nov 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (₹1.48b market cap, or US$16.6m). Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹138, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 32x in the Auto Components industry in India. Total returns to shareholders of 66% over the past three years. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.50 (vs ₹1.71 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.50 (down from ₹1.71 in 2Q 2025). Revenue: ₹873.4m (down 9.0% from 2Q 2025). Net income: ₹5.41m (down 71% from 2Q 2025). Profit margin: 0.6% (down from 1.9% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Announcement • Nov 08
Akar Auto Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Akar Auto Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹190, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 34x in the Auto Components industry in India. Total returns to shareholders of 172% over the past three years. Declared Dividend • Sep 10
Dividend of ₹0.60 announced Dividend of ₹0.60 is the same as last year. Ex-date: 12th September 2025 Payment date: 29th October 2025 Dividend yield will be 0.4%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: ₹1.68 (vs ₹1.42 in 1Q 2025) First quarter 2026 results: EPS: ₹1.68 (up from ₹1.42 in 1Q 2025). Revenue: ₹905.0m (down 4.7% from 1Q 2025). Net income: ₹18.2m (up 18% from 1Q 2025). Profit margin: 2.0% (up from 1.6% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Announcement • Aug 13
Akar Auto Industries Limited, Annual General Meeting, Sep 30, 2025 Akar Auto Industries Limited, Annual General Meeting, Sep 30, 2025, at 11:30 Indian Standard Time. Announcement • Aug 09
Akar Auto Industries Limited to Report Q1, 2026 Results on Aug 13, 2025 Akar Auto Industries Limited announced that they will report Q1, 2026 results on Aug 13, 2025 New Risk • Jul 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹1.81b market cap, or US$21.0m). Buy Or Sell Opportunity • Jun 30
Now 20% undervalued Over the last 90 days, the stock has risen 63% to ₹159. The fair value is estimated to be ₹199, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has declined by 3.7%. New Risk • Jun 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (₹1.19b market cap, or US$13.9m). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹131, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 32x in the Auto Components industry in India. Total returns to shareholders of 158% over the past three years. Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹5.98 (vs ₹5.09 in FY 2024) Full year 2025 results: EPS: ₹5.98 (up from ₹5.09 in FY 2024). Revenue: ₹3.77b (up 1.0% from FY 2024). Net income: ₹64.5m (up 18% from FY 2024). Profit margin: 1.7% (up from 1.5% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • May 24
Akar Auto Industries Limited to Report Q4, 2025 Results on May 30, 2025 Akar Auto Industries Limited announced that they will report Q4, 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹104, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 31x in the Auto Components industry in India. Total returns to shareholders of 102% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹105, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 28x in the Auto Components industry in India. Total returns to shareholders of 83% over the past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹1.70 (vs ₹1.78 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.70 (down from ₹1.78 in 3Q 2024). Revenue: ₹922.9m (down 1.5% from 3Q 2024). Net income: ₹18.3m (down 4.4% from 3Q 2024). Profit margin: 2.0% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Announcement • Feb 10
Akar Auto Industries Limited to Report Q3, 2025 Results on Feb 14, 2025 Akar Auto Industries Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Feb 14, 2025 Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹127, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 34x in the Auto Components industry in India. Total returns to shareholders of 129% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹1.71 (vs ₹1.35 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.71 (up from ₹1.35 in 2Q 2024). Revenue: ₹960.2m (flat on 2Q 2024). Net income: ₹18.4m (up 26% from 2Q 2024). Profit margin: 1.9% (up from 1.5% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 07
Akar Auto Industries Limited to Report Q2, 2025 Results on Nov 14, 2024 Akar Auto Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹98.20, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 31x in the Auto Components industry in India. Total returns to shareholders of 241% over the past three years. Declared Dividend • Sep 07
Dividend increased to ₹0.60 Dividend of ₹0.60 is 20% higher than last year. Ex-date: 23rd September 2024 Payment date: 30th October 2024 Dividend yield will be 0.5%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (12% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹1.42 (vs ₹1.07 in 1Q 2024) First quarter 2025 results: EPS: ₹1.42 (up from ₹1.07 in 1Q 2024). Revenue: ₹950.0m (up 5.8% from 1Q 2024). Net income: ₹15.4m (up 33% from 1Q 2024). Profit margin: 1.6% (up from 1.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 14
Akar Auto Industries Limited, Annual General Meeting, Sep 30, 2024 Akar Auto Industries Limited, Annual General Meeting, Sep 30, 2024, at 11:30 Indian Standard Time. Announcement • Aug 09
Akar Auto Industries Limited to Report Q1, 2025 Results on Aug 14, 2024 Akar Auto Industries Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹118, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 32x in the Auto Components industry in India. Total returns to shareholders of 361% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹5.09 (vs ₹6.38 in FY 2023) Full year 2024 results: EPS: ₹5.09 (down from ₹6.38 in FY 2023). Revenue: ₹3.74b (up 1.9% from FY 2023). Net income: ₹54.9m (down 20% from FY 2023). Profit margin: 1.5% (down from 1.9% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹106, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 28x in the Auto Components industry in India. Total returns to shareholders of 407% over the past three years. Announcement • May 24
Akar Auto Industries Limited to Report Q4, 2024 Results on May 30, 2024 Akar Auto Industries Limited announced that they will report Q4, 2024 results on May 30, 2024 Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹1.78 (vs ₹1.49 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.78 (up from ₹1.49 in 3Q 2023). Revenue: ₹937.0m (flat on 3Q 2023). Net income: ₹19.2m (up 20% from 3Q 2023). Profit margin: 2.0% (up from 1.7% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has increased by 93% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹151, the stock trades at a trailing P/E ratio of 23.3x. Average forward P/E is 26x in the Auto Components industry in India. Total returns to shareholders of 719% over the past three years. New Risk • Dec 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹1.48b market cap, or US$17.7m). Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹137, the stock trades at a trailing P/E ratio of 21.1x. Average forward P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 618% over the past three years. Reported Earnings • Nov 10
Second quarter 2024 earnings released: EPS: ₹1.35 (vs ₹1.17 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.35 (up from ₹1.17 in 2Q 2023). Revenue: ₹958.2m (up 8.4% from 2Q 2023). Net income: ₹14.6m (up 16% from 2Q 2023). Profit margin: 1.5% (up from 1.4% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year whereas the company’s share price has increased by 90% per year. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹105, the stock trades at a trailing P/E ratio of 16.6x. Average forward P/E is 23x in the Auto Components industry in India. Total returns to shareholders of 630% over the past three years. Announcement • Nov 04
Akar Auto Industries Limited to Report Q2, 2024 Results on Nov 09, 2023 Akar Auto Industries Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹99.11, the stock trades at a trailing P/E ratio of 15.7x. Average forward P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 554% over the past three years. Upcoming Dividend • Sep 07
Upcoming dividend of ₹0.50 per share at 0.6% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 22 October 2023. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.8%). New Risk • Aug 17
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₹993.7m market cap, or US$11.9m). Announcement • Aug 15
Akar Auto Industries Limited, Annual General Meeting, Sep 22, 2023 Akar Auto Industries Limited, Annual General Meeting, Sep 22, 2023, at 11:30 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: ₹1.07 (vs ₹1.14 in 1Q 2023) First quarter 2024 results: EPS: ₹1.07 (down from ₹1.14 in 1Q 2023). Revenue: ₹898.2m (up 8.8% from 1Q 2023). Net income: ₹11.5m (down 5.9% from 1Q 2023). Profit margin: 1.3% (down from 1.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 74% per year, which means it is significantly lagging earnings growth. Announcement • Aug 08
Akar Auto Industries Limited to Report Q1, 2024 Results on Aug 14, 2023 Akar Auto Industries Limited announced that they will report Q1, 2024 results on Aug 14, 2023 New Risk • Jun 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (₹1.25b market cap, or US$15.2m). Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹95.51, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 496% over the past three years. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹6.38 (vs ₹6.37 in FY 2022) Full year 2023 results: EPS: ₹6.38 (up from ₹6.37 in FY 2022). Revenue: ₹3.67b (up 37% from FY 2022). Net income: ₹68.8m (flat on FY 2022). Profit margin: 1.9% (down from 2.6% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth. Announcement • May 19
Akar Auto Industries Limited to Report Q4, 2023 Results on May 30, 2023 Akar Auto Industries Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹1.49 (vs ₹1.95 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.49 (down from ₹1.95 in 3Q 2022). Revenue: ₹944.5m (up 45% from 3Q 2022). Net income: ₹16.0m (down 24% from 3Q 2022). Profit margin: 1.7% (down from 3.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Announcement • Feb 05
Akar Auto Industries Limited to Report Q3, 2023 Results on Feb 14, 2023 Akar Auto Industries Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹1.17 (vs ₹1.42 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.17 (down from ₹1.42 in 2Q 2022). Revenue: ₹884.6m (up 48% from 2Q 2022). Net income: ₹12.6m (down 18% from 2Q 2022). Profit margin: 1.4% (down from 2.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year whereas the company’s share price has increased by 57% per year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Additional Independent Director Anil Gupta was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Nov 11
Now 22% undervalued Over the last 90 days, the stock is up 27%. The fair value is estimated to be ₹95.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Earnings per share has grown by 32%. Announcement • Nov 05
Akar Auto Industries Limited to Report Q2, 2023 Results on Nov 14, 2022 Akar Auto Industries Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 17% share price gain to ₹70.70, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 24x in the Auto Components industry in India. Total returns to shareholders of 202% over the past three years. Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Additional Independent Director Anil Gupta was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
First quarter 2023 earnings released: EPS: ₹1.14 (vs ₹1.08 in 1Q 2022) First quarter 2023 results: EPS: ₹1.14 (up from ₹1.08 in 1Q 2022). Revenue: ₹826.0m (up 46% from 1Q 2022). Net income: ₹12.3m (up 5.1% from 1Q 2022). Profit margin: 1.5% (down from 2.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 13
Akar Auto Industries Limited Recommends Dividend for the Financial Year 2021-2022 The Board of Directors of Akar Auto Industries Limited at its meeting held on August 11, 2022 recommended dividend @ 5%, ie. INR 0.25 on each fully paid equity share of INR 5 each, for the financial year 2021-2022, subject To Approve the shareholders in the upcoming Annual General Meeting. Announcement • Aug 12
Akar Auto Industries Limited, Annual General Meeting, Sep 30, 2022 Akar Auto Industries Limited, Annual General Meeting, Sep 30, 2022, at 11:30 Indian Standard Time. Reported Earnings • Jun 05
Full year 2022 earnings released: EPS: ₹6.38 (vs ₹2.63 loss in FY 2021) Full year 2022 results: EPS: ₹6.38 (up from ₹2.63 loss in FY 2021). Revenue: ₹2.69b (up 43% from FY 2021). Net income: ₹68.8m (up ₹97.2m from FY 2021). Profit margin: 2.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 18% share price gain to ₹59.45, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 22x in the Auto Components industry in India. Total returns to shareholders of 91% over the past three years. Announcement • May 22
Akar Auto Industries Limited to Report Q4, 2022 Results on May 30, 2022 Akar Auto Industries Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₹67.55, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 22x in the Auto Components industry in India. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₹47.00, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 21x in the Auto Components industry in India. Total returns to shareholders of 41% over the past three years. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.95 (up from ₹0.03 loss in 3Q 2021). Revenue: ₹655.0m (up 24% from 3Q 2021). Net income: ₹21.0m (up ₹21.3m from 3Q 2021). Profit margin: 3.2% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Announcement • Feb 03
Akar Auto Industries Limited to Report Q3, 2022 Results on Feb 14, 2022 Akar Auto Industries Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₹60.25, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 21x in the Auto Components industry in India. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improved over the past week After last week's 17% share price gain to ₹53.25, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 19x in the Auto Components industry in India. Total returns to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 20% share price gain to ₹40.65, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 19x in the Auto Components industry in India. Total loss to shareholders of 14% over the past three years. Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₹1.42 (vs ₹1.05 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹598.7m (up 29% from 2Q 2021). Net income: ₹15.4m (up ₹26.7m from 2Q 2021). Profit margin: 2.6% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 18
Second quarter 2022 earnings released: EPS ₹1.42 (vs ₹1.05 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹598.7m (up 29% from 2Q 2021). Net income: ₹15.4m (up ₹26.7m from 2Q 2021). Profit margin: 2.6% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 20% share price gain to ₹34.70, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 22x in the Auto Components industry in India. Total loss to shareholders of 9.4% over the past three years. Reported Earnings • Jul 03
Full year 2021 earnings released: ₹2.63 loss per share (vs ₹2.84 loss in FY 2020) The company reported a mediocre full year result with weaker revenues, although its control over expenses remained stable and losses reduced. Full year 2021 results: Revenue: ₹1.90b (down 4.5% from FY 2020). Net loss: ₹28.4m (loss narrowed 7.3% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
Third quarter 2021 earnings released: ₹0.03 loss per share (vs ₹0.13 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: ₹529.8m (up 16% from 3Q 2020). Net loss: ₹321.0k (down 123% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 88% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings. Announcement • Feb 06
Akar Auto Industries Limited to Report Q3, 2021 Results on Feb 12, 2021 Akar Auto Industries Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Dec 31
New 90-day high: ₹19.99 The company is up 26% from its price of ₹15.85 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: ₹18.79 The company is up 20% from its price of ₹15.60 on 04 September 2020. The Indian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 18% over the same period. Is New 90 Day High Low • Nov 02
New 90-day low: ₹14.21 The company is down 9.0% from its price of ₹15.70 on 04 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 8.0% over the same period. Announcement • Aug 21
Akar Auto Industries Limited to Report Q1, 2021 Results on Aug 29, 2020 Akar Auto Industries Limited announced that they will report Q1, 2021 results on Aug 29, 2020