Aartech Solonics Ltd.
Snapshot View

33.80 ▼0%

15 July 2021, 04:00:00 P.M.

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Electric Equipment Compare with Industry peers
Website http://www.aartechsolonics.com
Financial Indicators
Market Cap 23.86 Cr.
Earnings per share (EPS) 0.37 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 92.49 Trailing Twelve Months Ending 2021-03
Industry PE 91.45 Trailing Twelve Months Ending 2021-03
Book Value / Share 35.27 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.96 Calculated using Price: 33.80
Dividend Yield 1.48 Period Ending 2020-03
No. of Shares Subscribed 0.71 Cr. 7,060,094 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
3 Month
-8.65%
6 Month
-8.65%
1 Year
-3.43%
2 Year
-4.79%
5 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 3 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 18 25 25
Non Curr. Liab. 0 1 1
Curr. Liab. 2 2 4
Minority Int. 0 0 0
Equity & Liab. 20 28 30
Non Curr. Assets 6 9 11
Curr. Assets 13 19 18
Misc. Exp. not W/O
Total Assets 20 28 30

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

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

6 Qtrs 2018-03 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 74.85 52.38 52.38 52.38 52.38 52.38
Public 25.15 47.62 47.62 47.62 47.62 47.62
Depository Receipts 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

Announcements View Details

Fri, 16 Jul 2021
Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayAartech Solonics Ltd
2CINL31200MP1982PLC002030
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 8755427.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: K R TANUJ REDDY
Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER
EmailId: treddy@aartechsolonics.com
Name of the Chief Financial Officer: PRADEEP VASANT NARKHEDE
Designation: CHIEF FINANCIAL OFFICER
EmailId: pvnarkhede@aartechsolonics.com

Date: 16/07/2021

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Sat, 03 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Sat, 03 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- AMIT ANIL RAJE
Designation :- Managing Director / Whole Time Director

Technical Scans View Details

Thu, 15 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index

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