BSE:532933

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Porwal Auto Components

Executive Summary

Porwal Auto Components Limited manufactures and sells automobile components in India.


Snowflake Analysis

Excellent balance sheet unattractive dividend payer.

Share Price & News

How has Porwal Auto Components's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532933's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.4%

532933

0.6%

IN Auto Components

0.1%

IN Market


1 Year Return

-48.8%

532933

-11.8%

IN Auto Components

-6.1%

IN Market

Return vs Industry: 532933 underperformed the Indian Auto Components industry which returned -11.8% over the past year.

Return vs Market: 532933 underperformed the Indian Market which returned -6.1% over the past year.


Shareholder returns

532933IndustryMarket
7 Day-5.4%0.6%0.1%
30 Day-12.1%8.7%7.6%
90 Day51.5%33.3%19.4%
1 Year-46.8%-48.8%-10.4%-11.8%-4.3%-6.1%
3 Year-65.5%-67.7%-32.9%-34.9%-2.9%-7.5%
5 Year-8.8%-15.4%-7.0%-10.9%21.9%12.7%

Price Volatility Vs. Market

How volatile is Porwal Auto Components's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Porwal Auto Components undervalued compared to its fair value and its price relative to the market?

34.27x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532933 (₹12.68) is trading above our estimate of fair value (₹3.39)

Significantly Below Fair Value: 532933 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532933 is poor value based on its PE Ratio (34.3x) compared to the IN Auto Components industry average (15.2x).

PE vs Market: 532933 is poor value based on its PE Ratio (34.3x) compared to the Indian market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532933's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532933 is good value based on its PB Ratio (0.3x) compared to the IN Auto Components industry average (1.1x).


Next Steps

Future Growth

How is Porwal Auto Components forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.3%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Porwal Auto Components has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Porwal Auto Components performed over the past 5 years?

-1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532933 has high quality earnings.

Growing Profit Margin: 532933's current net profit margins (0.7%) are lower than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: 532933's earnings have declined by -1.4% per year over the past 5 years.

Accelerating Growth: 532933's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532933 had negative earnings growth (-83.6%) over the past year, making it difficult to compare to the Auto Components industry average (-29.8%).


Return on Equity

High ROE: 532933's Return on Equity (0.9%) is considered low.


Next Steps

Financial Health

How is Porwal Auto Components's financial position?


Financial Position Analysis

Short Term Liabilities: 532933's short term assets (₹163.3M) exceed its short term liabilities (₹140.2M).

Long Term Liabilities: 532933's short term assets (₹163.3M) exceed its long term liabilities (₹73.9M).


Debt to Equity History and Analysis

Debt Level: 532933's debt to equity ratio (19.8%) is considered satisfactory.

Reducing Debt: 532933's debt to equity ratio has reduced from 26.1% to 19.8% over the past 5 years.

Debt Coverage: 532933's debt is well covered by operating cash flow (63.9%).

Interest Coverage: 532933's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Porwal Auto Components's current dividend yield, its reliability and sustainability?

5.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532933's dividend (5.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.68%).

High Dividend: 532933's dividend (5.91%) is in the top 25% of dividend payers in the Indian market (2.75%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 532933 has been paying a dividend for less than 10 years.

Growing Dividend: 532933's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (202.7%), 532933's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

17.2yrs

Average management tenure


CEO

Surendra Kumar Jain (68yo)

no data

Tenure

Mr. Surendra Kumar Utsavlal Jain serves as CEO & Chairman at Porwal Auto Components Ltd. Mr. Jain served as Executive Chairman of Porwal Auto Components Ltd since August 1, 2005. Mr. Jain has many experien ...


CEO Compensation Analysis

Compensation vs Market: Surendra Kumar's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD49.95K).

Compensation vs Earnings: Surendra Kumar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Surendra Kumar Jain
Chairman & CEOno datano data2.91% 5.6m
Devendra Jain
MD & Director28.42yrsno data2.79% 5.3m
Shailesh Jain
Chief Financial Officer21.25yrs₹2.70m1.59% 3.0m
Atin Jain
Chief Operating Officerno datano data0.52% 996.2k
Hansika Mittal
Company Secretary & Compliance Officer2.42yrs₹258.00kno data
Mukesh Jain
Financial Officer & Whole Time Director22.33yrsno data2.25% 4.3m
G. Tirole
Accounts & Finance Manager25.42yrsno datano data
Anil Mendiratta
Marketing Manager6.17yrsno datano data
R. Sahu
HR Manager19.42yrsno datano data

17.2yrs

Average Tenure

58yo

Average Age

Experienced Management: 532933's management team is seasoned and experienced (17.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Surendra Kumar Jain
Chairman & CEOno datano data2.91% 5.6m
Devendra Jain
MD & Director28.42yrsno data2.79% 5.3m
Mukesh Jain
Financial Officer & Whole Time Director22.33yrsno data2.25% 4.3m
Surajmal Kucheria
Independent Non-Executive Director13.25yrs₹5.00kno data
Nitin Dafria
Independent Non-Executive Director17.83yrs₹5.00kno data
Ramesh Kashyap
Independent Non-Executive Director7.17yrs₹5.00kno data

16.4yrs

Average Tenure

67yo

Average Age

Experienced Board: 532933's board of directors are seasoned and experienced ( 16.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Porwal Auto Components Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Porwal Auto Components Limited
  • Ticker: 532933
  • Exchange: BSE
  • Founded: 1992
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ₹191.619m
  • Shares outstanding: 15.10m
  • Website: https://www.porwalauto.com

Number of Employees


Location

  • Porwal Auto Components Limited
  • Plot No. 209 & 215
  • Industrial Area
  • Pithampur
  • Madhya Pradesh
  • 454775
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532933BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2008

Biography

Porwal Auto Components Limited manufactures and sells automobile components in India. It provides ductile iron, grey cast iron, and steel alloy casting components and subassemblies. The company’s products include automobile parts, such as axle, chassis, engine, transmission, and differential parts; railway products comprising axle box housing, water casing pumps, end shields, steel suspension tubes, cylinder brackets, end frames, and pendulums; heavy casting products that include pipe fittings and discharge heads; and earth moving parts, which comprise link loaders, housings, and back plate lube oil pumps. In addition, the company engages in the generation of solar power. It serves various sectors, including automobile, engineering, pumps and valves, agriculture and tractor equipment, construction equipment, machine tools, railways, etc. The company was incorporated in 1992 and is headquartered in Pithampur, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/14 12:45
End of Day Share Price2020/07/14 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.