Financials Igarashi Motors India Limited

Equities

IGARASHI

INE188B01013

Auto, Truck & Motorcycle Parts

Market Closed - Bombay S.E. 06:15:32 2024-04-29 am EDT 5-day change 1st Jan Change
568.5 INR +4.77% Intraday chart for Igarashi Motors India Limited +18.03% +9.76%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 24,732 11,015 5,851 8,730 11,304 10,953
Enterprise Value (EV) 1 23,816 12,014 6,850 9,549 12,044 11,942
P/E ratio 37.3 x 19.2 x 19.6 x 34.1 x 950 x 210 x
Yield 0.74% 1.4% 0.65% 0.54% - 0.29%
Capitalization / Revenue 5.23 x 1.76 x 1.08 x 1.62 x 2.03 x 1.67 x
EV / Revenue 5.04 x 1.92 x 1.26 x 1.77 x 2.16 x 1.82 x
EV / EBITDA 20.5 x 8.83 x 8.56 x 13.1 x 30.2 x 21.6 x
EV / FCF -176 x -18.3 x 22.4 x 67.5 x 41 x -86.6 x
FCF Yield -0.57% -5.46% 4.46% 1.48% 2.44% -1.15%
Price to Book 6.02 x 2.56 x 1.38 x 1.99 x 2.58 x 2.49 x
Nbr of stocks (in thousands) 30,608 31,475 31,475 31,475 31,475 31,475
Reference price 2 808.0 350.0 185.9 277.4 359.2 348.0
Announcement Date 6/11/18 7/6/19 8/18/20 7/8/21 7/13/22 7/15/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 4,727 6,256 5,433 5,391 5,566 6,562
EBITDA 1 1,163 1,360 800.7 730.2 399.4 552
EBIT 1 920 966.8 437.6 353.2 36.5 176.1
Operating Margin 19.46% 15.45% 8.05% 6.55% 0.66% 2.68%
Earnings before Tax (EBT) 1 1,021 859.3 324.6 324.5 23.14 91.01
Net income 1 662.7 574.1 299.1 256.2 11.9 52.38
Net margin 14.02% 9.18% 5.51% 4.75% 0.21% 0.8%
EPS 2 21.65 18.24 9.500 8.140 0.3781 1.660
Free Cash Flow 1 -135.6 -655.7 305.2 141.4 294 -137.9
FCF margin -2.87% -10.48% 5.62% 2.62% 5.28% -2.1%
FCF Conversion (EBITDA) - - 38.12% 19.36% 73.62% -
FCF Conversion (Net income) - - 102.05% 55.19% 2,470.92% -
Dividend per Share 2 6.000 4.900 1.200 1.500 - 1.000
Announcement Date 6/11/18 7/6/19 8/18/20 7/8/21 7/13/22 7/15/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 999 999 819 740 988
Net Cash position 1 916 - - - - -
Leverage (Debt/EBITDA) - 0.7349 x 1.247 x 1.122 x 1.853 x 1.79 x
Free Cash Flow 1 -136 -656 305 141 294 -138
ROE (net income / shareholders' equity) 17.1% 13.9% 7.02% 5.94% 0.27% 1.19%
ROA (Net income/ Total Assets) 11% 8.19% 4.07% 3.22% 0.33% 1.57%
Assets 1 6,020 7,008 7,345 7,967 3,591 3,338
Book Value Per Share 2 134.0 136.0 134.0 140.0 139.0 140.0
Cash Flow per Share 2 0.8300 0.8100 0.9000 3.680 1.930 1.570
Capex 1 818 809 341 139 362 360
Capex / Sales 17.3% 12.94% 6.28% 2.58% 6.5% 5.49%
Announcement Date 6/11/18 7/6/19 8/18/20 7/8/21 7/13/22 7/15/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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