Financials Axtel Industries Limited

Equities

AXTEL6

INE767C01012

Industrial Machinery & Equipment

Market Closed - Bombay S.E. 06:11:22 2024-04-30 am EDT 5-day change 1st Jan Change
649.6 INR +2.73% Intraday chart for Axtel Industries Limited +0.82% +14.16%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,510 2,048 1,520 5,074 4,323 3,880
Enterprise Value (EV) 1 1,509 2,004 1,555 4,998 4,085 3,420
P/E ratio 25.5 x 15.8 x 14 x 23.8 x 31.3 x 22.4 x
Yield 1.6% 1.18% 2.66% 1.91% 0.75% 1.25%
Capitalization / Revenue 1.85 x 1.83 x 1.52 x 3.29 x 2.97 x 2.15 x
EV / Revenue 1.85 x 1.79 x 1.55 x 3.24 x 2.81 x 1.89 x
EV / EBITDA 14.8 x 9.34 x 10.6 x 16.9 x 21.7 x 14.3 x
EV / FCF 18.5 x 27.2 x -9.76 x 62.7 x -24.9 x 15.7 x
FCF Yield 5.41% 3.67% -10.2% 1.6% -4.01% 6.39%
Price to Book 3.51 x 3.93 x 2.76 x 7.11 x 5.35 x 4.04 x
Nbr of stocks (in thousands) 16,155 16,155 16,155 16,155 16,155 16,155
Reference price 2 93.50 126.8 94.10 314.1 267.6 240.2
Announcement Date 5/22/18 8/22/19 9/1/20 8/25/21 9/6/22 6/15/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 817.2 1,117 1,001 1,541 1,454 1,807
EBITDA 1 102 214.5 147 295.7 188.4 239.8
EBIT 1 79.58 187.8 122.7 273.7 164.5 218.8
Operating Margin 9.74% 16.81% 12.26% 17.76% 11.32% 12.11%
Earnings before Tax (EBT) 1 78.87 182 148.6 288.7 188.2 229.6
Net income 1 59.32 129.6 108.9 212.9 138.3 173
Net margin 7.26% 11.6% 10.88% 13.82% 9.52% 9.58%
EPS 2 3.670 8.020 6.740 13.18 8.560 10.71
Free Cash Flow 1 81.66 73.56 -159.3 79.76 -164 218.5
FCF margin 9.99% 6.58% -15.91% 5.17% -11.28% 12.09%
FCF Conversion (EBITDA) 80.03% 34.29% - 26.98% - 91.11%
FCF Conversion (Net income) 137.65% 56.76% - 37.46% - 126.28%
Dividend per Share 2 1.500 1.500 2.500 6.000 2.000 3.000
Announcement Date 5/22/18 8/22/19 9/1/20 8/25/21 9/6/22 6/15/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 34.8 - - -
Net Cash position 1 1.44 43.4 - 76.7 238 460
Leverage (Debt/EBITDA) - - 0.2366 x - - -
Free Cash Flow 1 81.7 73.6 -159 79.8 -164 218
ROE (net income / shareholders' equity) 14.9% 27.3% 20.3% 33.7% 18.2% 19.6%
ROA (Net income/ Total Assets) 6.72% 14% 8.2% 16.2% 8.59% 8.83%
Assets 1 882.3 926 1,329 1,315 1,610 1,960
Book Value Per Share 2 26.60 32.20 34.00 44.20 50.00 59.50
Cash Flow per Share 2 2.720 3.400 2.640 5.130 3.810 7.150
Capex 1 27.7 16.9 30.3 20.2 17.8 52.5
Capex / Sales 3.39% 1.52% 3.03% 1.31% 1.23% 2.91%
Announcement Date 5/22/18 8/22/19 9/1/20 8/25/21 9/6/22 6/15/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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