BSE:538992

Stock Analysis Report

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Executive Summary

SAR Auto Products Limited manufactures and sells auto components in India.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 538992 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

538992

1.5%

IN Auto Components

1.3%

IN Market


1 Year Return

n/a

538992

-15.7%

IN Auto Components

-8.7%

IN Market

Return vs Industry: Insufficient data to determine how 538992 performed against the Indian Auto Components industry.

Return vs Market: Insufficient data to determine how 538992 performed against the Indian Market.


Shareholder returns

538992IndustryMarket
7 Day0%1.5%1.3%
30 Day4.3%3.9%5.1%
90 Day7.4%41.9%30.2%
1 Yearn/a-14.3%-15.7%-7.0%-8.7%
3 Year284.2%284.2%-33.7%-35.6%1.7%-3.0%
5 Year247.3%247.3%-4.9%-8.9%27.6%17.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is SAR Auto Products undervalued compared to its fair value and its price relative to the market?

13.13x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 538992's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 538992's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 538992 is unprofitable, so we can't compare its PE Ratio to the Auto Components industry average.

PE vs Market: 538992 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 538992's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 538992 is overvalued based on its PB Ratio (13.1x) compared to the IN Auto Components industry average (1.2x).


Next Steps

Future Growth

How is SAR Auto Products 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 SAR Auto Products 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 SAR Auto Products performed over the past 5 years?

55.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 538992 is currently unprofitable.

Growing Profit Margin: 538992 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 538992 is unprofitable, but has reduced losses over the past 5 years at a rate of 55.2% per year.

Accelerating Growth: Unable to compare 538992's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 538992 is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-29.4%).


Return on Equity

High ROE: 538992 has a negative Return on Equity (-1.89%), as it is currently unprofitable.


Next Steps

Financial Health

How is SAR Auto Products's financial position?


Financial Position Analysis

Short Term Liabilities: 538992's short term assets (₹101.9M) exceed its short term liabilities (₹29.3M).

Long Term Liabilities: 538992's short term assets (₹101.9M) exceed its long term liabilities (₹1.4M).


Debt to Equity History and Analysis

Debt Level: 538992's debt to equity ratio (13%) is considered satisfactory.

Reducing Debt: 538992's debt to equity ratio has increased from 1.6% to 13% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if 538992 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 538992 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is SAR Auto Products's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 538992's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 538992's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 538992's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 538992's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 538992's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

5.8yrs

Average board tenure


CEO

Rameshkumar Virani (76yo)

no data

Tenure

₹1,161,552

Compensation

Mr. Rameshkumar Dhurlabjibhai Virani serves as the Chairman, Chief Executive Officer and Managing Director of SAR Auto Products Limited and has been its Non Independent Executive Director since January 14, ...


CEO Compensation Analysis

Compensation vs Market: Rameshkumar's total compensation ($USD15.56K) is below average for companies of similar size in the Indian market ($USD49.57K).

Compensation vs Earnings: Rameshkumar's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Rameshkumar Virani
Chairman & MDno data₹1.16m44.51% 774.1m
Shreyas Virani
MD, CFO & Whole-Time Director1.83yrs₹1.06m11.65% 202.6m
Issacthomas Kavunkal
Independent Director10.33yrsno datano data
Aarti Chintan Sodha
Independent Woman Director5.83yrsno datano data

5.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 538992's board of directors are considered experienced (5.8 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

SAR Auto Products Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SAR Auto Products Limited
  • Ticker: 538992
  • Exchange: BSE
  • Founded: 1987
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ₹1.739b
  • Shares outstanding: 4.76m
  • Website: https://www.sarautoproductsltd.com

Number of Employees


Location

  • SAR Auto Products Limited
  • 50-E, Bhaktinagar Industrial Estate
  • Rajkot
  • Gujarat
  • 360002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
538992BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2015

Biography

SAR Auto Products Limited manufactures and sells auto components in India. It operates through Manufacturing and Construction segments. The company offers automobile gears, such as spur, helical, straight bevel, and sprockets, as well as transmission spline shafts, couplings, and power take off clutches used for transmission, engine, and differential gear boxes. It also engages in the business of real estate development. The company was founded in 1987 and is based in Rajkot, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 12:45
End of Day Share Price2020/06/25 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.