Aartech Solonics Ltd.
Snapshot View

29.00 ▼0%

11 May 2022, 04:00:00 PM

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Electric Equipment Compare with Industry peers
Website http://www.aartechsolonics.com
Market Cap 30.71 Cr.
Enterprise Value(EV) 30.59 Cr. 2021-03
Financial Indicators
Earnings per share (EPS) 2.64 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 10.98 Trailing Twelve Months Ending 2022-03
Industry PE 66.24 Trailing Twelve Months Ending 2022-03
Book Value / Share 26.85 Trailing Twelve Months Ending 2022-03
Price to Book Value 1.08 Calculated using Price: 29.00
Dividend Yield 1.72 Period Ending 2020-03
No. of Shares Subscribed 1.06 Cr. 10,590,125 Shares
FaceValue 10
Company Profile

The Company was originally incorporated as ‘Aartech Solonics Private Limited’ on August, 24th, 1982 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Gwalior, Madhya Pradesh. Later on, company was converted into public limited company; the name of Company was changed to ‘Aartech Solonics Limited’ and fresh Certificate of Incorporation dated April 23rd, 1992 was issued by the Registrar of Companies, Gwalior, Madhya Pradesh. The Company is an ISO 9001: 2015 certified 30 years old company working in the field of Specialized and Selected Energy Applications.

Business area of the company:

The company is involved in the manufacturing of electricity distribution & control apparatus [electrical apparatus for switching or protecting electrical circuits (e.g. switches, fuses, voltage limiters, surge suppressors, junction boxes etc.) for a voltage exceeding 1000 volts; similar apparatus (including relays, sockets etc.) for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors.

Major Events & Milestones:

  • 1982: Company was incorporated as Aartech Solonics Private Limited under Gwalior ROC.
  • 1992: In order to showcase the company's presence in wide spectrum, the Company Changed its name from ‘Aartech Solonics Private Limited’ to ‘Aartech Solonics Limited’, pursuant to conversion of company.
  • 2011: Company registers itself as Manufacturer/Assembler/ Distributor of Ultra Capacitor, Control Panel, Electrical Products under Government of India, Ministry of Defence Research and Development Organization.
  • 2012: Company registers itself as Distributor of Electrical Items under Aeronautical Development Establishment of Government of India, Ministry of Defence Research and Development Organization.
  • 2017: Incorporation of two wholly owned subsidiary company - AIC Aartech Solonics Private Limited and Faradigm Ultracapacitors Private Limited.

Major Awards and Recognitions:

  • 2014: Aartechs in-house Research & Development department is recognized by Department of Scientific & Industrial Research, DSIR under its RDI program.
  • 2017: Company got the approval from NITI Aayog, for financial support for establishment of Atal Incubation Center.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
1 Month
-29.61%
3 Month
-35.84%
6 Month
-32.56%
1 Year
+17.55%
2 Year
+24.30%
5 Year
10 Year
3 years 2018-03 2019-03 2020-03
Return on Equity (%) 4.33 2.40 -0.78
Return on Capital Employed (%) 5.91 5.11 0.52
Return on Assets (%) 3.83 2.14 -0.67

Balance Sheet View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2020-09* Rs. Cr.
Shh. Funds 18 25 25 25
Non Curr. Liab. 0 1 1 1
Curr. Liab. 2 2 4 3
Minority Int. 0 0 0 0
Equity & Liab. 20 28 30 28
Non Curr. Assets 6 9 11 11
Curr. Assets 13 19 18 17
Misc. Exp. not W/O
Total Assets 20 28 30 28

Profit Loss View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 10 14 10
Other Income 1 1 0
Total Income 11 15 11
Total Expenditure -10 -14 -10
PBIDT 1 1 0
Interest 0 0 0
Depreciation 0 0 0
Taxation 0 0 0
Exceptional Items
PAT 1 1 0
Minority Interest
Share Associate
Other Related Items
Consolidated Net Profit 1 1 0
Adjusted EPS 1 0 0

Cash Flow View Details

Particulars 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 0 -1 1
Cash Fr. Inv. -1 -6 -4
Cash Fr. Finan. 2 8 0
Net Change 1 1 -3
Cash & Cash Eqvt 2 3 0

Shareholding Pattern View Details

8 Qtrs 2018-03 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%) 2021-09 (%) 2022-03 (%)
Promoter 74.85 52.38 52.38 52.38 52.38 52.38 52.38 52.38
Public 25.15 47.62 47.62 47.62 47.62 47.62 47.62 47.62
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 04 May 2022
Board Meeting Intimation for Audited Financial Results Of The Company For Half And Year Ended March 31 2022 Dividend For FY 2021-22 Appointment Of Internal And Statutory Auditor For FY 2022-23 Revision In Managerial Remuneration
Aartech Solonics Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/05/2022 inter alia to consider and approve 1. the standalone audited financial results of the company for the half and financial year ended March 31 2022.2. the consolidated audited financial results of the company for the half and financial year ended March 31 2022.3. Recommend dividend for the financial year 2021-22 if any.4. Appointment of Internal Auditor of the company for the year 2022-23.5. Appointment of Secretarial Auditor of the company for the year 2022-23.6. Revision in payment of managerial remuneration.
Mon, 18 Apr 2022
Compliances- Compliance Certificate For The Period Ended 31St March 2022
Compliance Certificate for the period ended 31st March 2022
Fri, 08 Apr 2022
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

Technical Scans View Details

No Scans Found

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