Patels Airtemp (India) Limited

BSE:517417 Stock Report

Market Cap: ₹3.2b

Patels Airtemp (India) Balance Sheet Health

Financial Health criteria checks 3/6

Patels Airtemp (India) has a total shareholder equity of ₹1.5B and total debt of ₹946.6M, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are ₹3.3B and ₹1.9B respectively. Patels Airtemp (India)'s EBIT is ₹330.0M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹44.4M.

Key information

63.4%

Debt to equity ratio

₹946.61m

Debt

Interest coverage ratio4.2x
Cash₹44.44m
Equity₹1.49b
Total liabilities₹1.86b
Total assets₹3.35b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 517417's short term assets (₹2.6B) exceed its short term liabilities (₹1.7B).

Long Term Liabilities: 517417's short term assets (₹2.6B) exceed its long term liabilities (₹179.1M).

Debt to Equity History and Analysis

Debt Level: 517417's net debt to equity ratio (60.4%) is considered high.

Reducing Debt: 517417's debt to equity ratio has increased from 50.4% to 63.4% over the past 5 years.

Debt Coverage: 517417's debt is not well covered by operating cash flow (5.4%).

Interest Coverage: 517417's interest payments on its debt are well covered by EBIT (4.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 20:34
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Patels Airtemp (India) Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shailaja CH.FirstCall Research
Research SharekhanSharekhan Limited