FinAspiration
FinAspiration

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30 Tweets 1 reads Aug 27, 2024
👉 Automotive components is witnessing massive Growth opportunity in India🇮🇳
⭐ A list of 5 Automotive Stocks Concall Highlights & Future outlook For the business
👉 A Detailed insights🧵
#StockMarket #stockstofocus #Stocks #stockmarketsindia #investing #Investments #automobile #autospare #Automotive
1 NDR Auto Components ltd
NDR Auto Components manufacturing seat frames and seat trims for passenger cars and utility vehicles
#ndrauto
👉 Product
⚡Seat Systems
⚡Trims
⚡Floor carpets
⚡Body sealing products
👉 Client Base :
a) Maruti Suzuki:
Grand Vitara, Brezza, Dzire, Ciaz, Wagon R, Jimny, Fronx, Alto
b) Toyota:
Hyryder, Urban Cruiser
c) Suzuki:
Access, Gixxer
👉 Growth outlook
Deepening relationships: Enhancing participation in the strong growth prospects of Maruti Suzuki and Toyota
• Widening product portfolio: Expanding offerings beyond Seats (Frame and Trims, BIW and sun shades
• Expanding client base: Initiating relationships with new OEMs
• Increasing technology and regulatory requirements proffers a long growth runway accompanied by an improving margin profile
• Adequate land availability and moderate capacity utilization levels across plants
translates to low capex outlay to growing opportunity
👉 Financial performance
⚡Revenue: The company reported a 33.49% increase in total income for the quarter, reaching ₹172.10 crores.
⚡Profit: Net profit after tax (PAT) grew by 39.91% to ₹11.53 crores, indicating improved profitability.
👉Key ratios
⚡Market Cap : ₹ 1,624 Cr.
⚡Current Price : ₹ 1,366
⚡Stock P/E : 38.7
⚡ROCE : 19.4 %
⚡ROE : 16.3 %
⚡Debt to equity : 0.12
⚡Profit Var 3Yrs : 65.2 %
⚡Sales growth 3Years : 74.0 %
2 ASK Automotive Ltd
ASK Automotive Limited is a manufacturer of Advance Braking Systems for two-wheelers in India
#askautomotive
👉 Product portfolio
⚡Advanced Braking Systems
⚡Aluminium Lightweight Precision Solutions
⚡Safety Control Cables
⚡Clutch Plates
⚡Brake Linings
⚡Clutch Shoes
👉 Competitive advantages
⚡Dominant Market Share: The company holds a market share of approximately 50% in two-wheeler Advanced Braking Systems (ABS) for OEMs, making it the largest manufacturer in India.
⚡Diverse Offerings: ASK Automotive offers a comprehensive range of products, including Advanced Braking Systems
👉 Financial performance
⚡Net Sales: Increased by 24.86% YoY to Rs. 566.83 crore.
⚡Operating Profit: Increased by 52.16% YoY to Rs. 127.46 crore.
⚡Profit Before Tax: Increased by 62.12% YoY to Rs. 122.72 crore.
⚡Earnings Per Share (EPS): Increased by 43% YoY to Rs. 8.8.
👉Key ratios
⚡Market Cap : ₹ 8,733 Cr.
⚡Current Price : ₹ 443
⚡Stock P/E : 44.6
⚡ROCE : 24.2 %
⚡ROE : 23.8 %
⚡Debt to equity : 0.42
⚡Profit Var 3Yrs : 22.6 %
⚡Sales growth 3Years : 24.7 %
3 Bajaj Auto Ltd
Bajaj Auto is a two-wheeler and three-wheeler manufacturing company that exports to 79 countries across several countries in Latin America, Southeast Asia, and many more. Its headquarter is in Pune, India
#bajajauto
👉 Product portfolio
⚡Motorcycles
⚡Scooters
👉 Financial performance
⚡Net profit: Rs 1,988 crore (up 19.4% YoY)
⚡Revenue from operations: Rs 11,928 crore (up 15.7% YoY)
⚡Total expenses: Rs 9,703.61 crore (up 14.5% YoY)
⚡EBITDA: Rs 2,415 crore (up 24% YoY)
⚡EBITDA margin: 20.2% (up 130 basis points YoY)
👉Operational Highlights
⚡Volume Growth: The company witnessed double-digit volume growth in both domestic and export markets.
⚡Pulsar Performance: The Pulsar range continued its strong performance, with the launch of the Pulsar NS400z further boosting sales.
⚡Average Selling Price (ASP): ASP increased by 7.9% due to a favorable product mix and higher-value offerings.
👉Key ratios
⚡Market Cap : ₹ 2,90,385 Cr.
⚡Current Price : ₹ 10,401
⚡Stock P/E : 36.2
⚡ROCE : 33.5 %
⚡ROE : 26.5 %
⚡Debt to equity : 0.07
⚡Profit Var 3Yrs : 16.7 %
⚡Sales growth 3Years : 17.4 %
4 Shriram Pistons Ltd
Shriram Pistons & Rings is primarily engaged in the manufacturing of pistons, piston pins, piston rings and engine valves for various automotive companies in the domestic and export markets.
#shrirampistons
👉 Product
⚡Passenger Vehicles: Cars, SUVs, and MPVs
⚡Two/Three Wheelers: Motorcycles and scooters
⚡Commercial Vehicles: Trucks, buses, and construction equipment
Tractors
⚡Industrial Applications: Generators, pumps, and compressors
👉 Financial performance
⚡Revenue: ₹863.38 crore (up 17.39% YoY)
⚡Net profit: ₹115.45 crore (up 13.24% YoY)
⚡Operating profit: ₹135.92 crore (up 10.07% YoY)
⚡EPS: ₹13.69 (up 13.24% YoY)
👉Future outlook
⚡Strong Demand: The automotive industry has been showing signs of recovery, leading to increased demand for pistons and rings.
⚡Market Leadership: Shriram Pistons & Rings has a strong market presence and reputation, which can provide a competitive advantage.
👉Key ratios
⚡Market Cap : ₹ 9,300 Cr.
⚡Current Price : ₹ 2,111
⚡Stock P/E : 20.6
⚡ROCE : 27.9 %
⚡ROE : 25.2 %
⚡Debt to equity : 0.25
⚡Profit Var 3Yrs : 70.4 %
⚡Sales growth 3Years : 24.6 %
5 Subros Ltd
It is engaged in the business of manufacturing and supplying Auto Air Conditioning products for all major Automakers in Passenger and Commercial Vehicle Space
#subros
👉 Products
⚡Compressors: Reciprocating compressors for various refrigerant types.
⚡Condensers: Automotive condensers, including the largest manufacturer in India.
⚡Heat Exchangers: Evaporators, condensers, and other heat exchangers for HVAC systems.
⚡Tubes and Hoses: Components for connecting parts of the AC system.
👉 Financial performance
⚡The company's revenue jumped 17.02% since last year same period to ₹813.08Cr
⚡Subros Ltd's net profit jumped 158.04% since last year same period to ₹34.99Cr
👉Future outlook
⚡Increased demand for automotive air conditioning systems: The growing popularity of cars and the rising demand for air conditioning features in vehicles are expected to drive sales for Subros.
⚡Expansion into new markets: Subros has been actively expanding its operations into new markets, both domestic and international, to capture new growth opportunities.
👉Key ratios
⚡Market Cap : ₹ 4,893 Cr.
⚡Current Price : ₹ 750
⚡Stock P/E : 41.1
⚡ROCE ; 16.5 %
⚡ROE : 10.7 %
⚡Debt to equity : 0.01
⚡Profit Var 3Yrs : 27.0 %
⚡Sales growth 3Years : 19.6 %
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