Alicon Castalloy Ltd.
Snapshot View

680.00 +9.00 ▲1.3%

24 May 2022, 04:01:00 PM
Volume: 63

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Castings/Forgings Compare with Industry peers
Website http://www.alicongroup.co.in
Market Cap 1,095.61 Cr.
Enterprise Value(EV) 1,341.16 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 15.01 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 45.31 Trailing Twelve Months Ending 2022-03
Industry PE 11.08 Trailing Twelve Months Ending 2022-03
Book Value / Share 278.72 Trailing Twelve Months Ending 2022-03
Price to Book Value 2.44 Calculated using Price: 680.00
Dividend Yield 0.33 Period Ending 2021-03
No. of Shares Subscribed 1.61 Cr. 16,111,840 Shares
FaceValue 5
Company Profile

Enkei Castalloy Limited, incorporated in 1990, is a joint venture between Rai and Associates of India and Enkei Corporation, Japan. The company is a leading manufacturer of aluminium alloy gravity and low pressure die castings for major automotive manufacturers in India and exports to USA and Europe.

With technical expertise from Enkei Japan, it has developed leadership in establishing one of the most advanced manufacturing systems in India for aluminum die cast products. Enkei Castalloy Limited currently leads the Indian market in manufacturing cylinder heads for two wheelers and alloy wheels for 2 wheelers as well as 4 wheelers. Enkei has the distinction of being a single source supplier of many critical engine parts to some of India’s largest OEMs.

Enkei Corporation was founded on 5th October 1950, in Hamamatsu, Japan as a manufacturer of die cast aluminum engine parts for motorcycles.

Establishing strong mechanisms to control quality, cost and delivery, Enkei Castalloy Ltd. not only supplies its products to India but also is foraying into international markets. Enkei currently supplies its products to various Tier I / Tier II suppliers of global OEMs in Europe and USA. Enkei’s customers include Maruti Udyog Limited, Honda Siel Cars Limited, Tata Motors, Hyundai Motors, Mahindra & Mahindra, Bajaj Auto Limited, Hero Honda Motor Industries, Honda Scooter and Motorcycle Company, Suzuki Motors India Limited, Yamaha India and many more. International customers include Trelleborg, Behr Group, ZF Group, and GWK Group.

The main plant is located at Shikrapur, Pune with 1500 employees while the second plant has recently come up at Gurgaon in north India. Plans for the third plant are under finalization which is expected to come up at Pantnagar, Uttaranchal. Its annual capacity through the existing facilities is 15000 MT of aluminum castings that include 1,500,000 wheels per annum. State of the art m/c are used with robust processes.

The client list of the company include names like Honda, Yamaha, Bajaj, Tata, Eicher, Sona, Greaves, Faiveley, etc.

Die designing and tool manufacturing is done through its sister concern – Silicon Meadows. More than 100 engineers are dedicated in 3D modeling and design service starting from concept through specification, tool design and validation. Its design and processes enable it to manufacture critical parts such as intake manifolds having a wall thickness of 2mm or components having lengths of 1200mm. it had deployed 60 nos. CNC machines (VMCs and HMCs) of makes like Brother, Argo, Hartford, Makino, Aries, Mazak etc. it has the capability to offer fully machined components with diameter tolerance of +/- 10 microns and angular tolerance of +/- 0.1 degree. Run out are controlled within 0.03mm.

Product range of the ciompany includes:

  • Cylinder heads for passenger cars
  • Cylinder heads for four stroke 2/3 wheelers
  • Support brackets
  • Steering rods and intake manifolds
  • Engine crank cases
  • Valve housings & alloy wheels

Awards/Achievements

The company's plants are TS 16949 certified.

Future plans

In continuation of its growth pursuit, Enkei is aggressively targeting international customers and has a vision to achieve sales of Rs 10,000 million by 2009-10.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.34%
1 Week
+0.12%
1 Month
+1.21%
3 Month
-6.22%
6 Month
-12.29%
1 Year
+15.91%
2 Year
+228.66%
5 Year
+40.98%
10 Year
+1013.84%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 20.02 19.41 17.01 16.37 16.44 19.74 20.08 5.72 -0.63
Return on Capital Employed (%) 17.20 17.44 18.73 17.12 16.57 18.38 19.58 10.03 5.57
Return on Assets (%) 5.36 5.65 4.75 4.48 4.48 5.66 6.40 1.92 -0.21

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 92 106 128 144 161 252 308 315 317 449
Non Curr. Liab. 15 22 52 67 96 97 100 162 187 152
Curr. Liab. 212 231 297 305 328 432 466 425 403 401
Minority Int.
Equity & Liab. 319 359 476 516 585 781 874 901 907 1,002
Non Curr. Assets 156 168 223 262 295 337 381 417 420 442
Curr. Assets 163 191 253 254 290 445 493 484 487 560
Misc. Exp. not W/O
Total Assets 319 359 476 516 585 781 874 901 907 1,002

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 525 533 714 749 772 1,013 1,189 957 849 1,078
Other Income 7 4 2 3 4 9 3 3 3 3
Total Income 532 537 716 752 775 1,023 1,192 960 851 1,081
Total Expenditure -478 -479 -641 -671 -687 -905 -1,042 -851 -765 -966
PBIDT 53 57 75 81 89 118 150 109 86 116
Interest -11 -11 -20 -22 -26 -30 -35 -39 -36 -30
Depreciation -20 -21 -26 -27 -27 -32 -38 -44 -49 -53
Taxation -5 -6 -9 -10 -11 -17 -23 -8 -3 -8
Exceptional Items
PAT 17 19 20 22 25 39 53 17 -2 24
Minority Interest
Share Associate
Other Related Items
Consolidated Net Profit 17 19 20 22 25 39 53 17 -2 24
Adjusted EPS 15 17 18 18 20 29 39 12 -1 15

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 31 41 17 53 69 35 41 102 57 112
Cash Fr. Inv. -41 -21 -24 -79 -57 -60 -63 -96 -68 -47
Cash Fr. Finan. 13 -22 6 28 -9 23 22 -7 6 -54
Net Change 3 -2 -1 3 3 -2 0 -1 -4 12
Cash & Cash Eqvt 9 7 6 9 12 9 9 8 4 16

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 63.23 63.23 62.62 62.62 62.62 61.78 55.71 55.71 55.71
Public 36.77 36.77 37.38 37.38 37.38 38.22 44.29 44.29 44.29
Depository Receipts 0.00 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 0.00

Announcements View Details

Tue, 24 May 2022
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
We are enclosing herewith the transcript of conference call with analysts which took place on ended March 31 2022. 17th May 2022 after announcement of the unaudited Financial Results for quarter and financial year
Wed, 18 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Analyst Call RecordingPursuant to Regulation 46(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby wish to inform that the Audio Call Recording of the Companys Analyst Call to discuss the Audited Financial Results for the Quarter and Financial year ended 31st March 2022 which was held on 17th May 2022 is available on the website of the Company.The link to access the said audio recording ishttps://www.alicongroup.co.in/downloads/Alicon-Q4FY22-Concall-Audio.mp3
Tue, 17 May 2022
Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings Presentation on Q4 FY21-22Dear Sir/ Madam Pursuant to the SEBI (listing Obligations and Disclosure Requirements) Regulations 2015 please findenclosed herewith revised investor presentation on the financials for the quarter ended March 31 2022.This is for your information and records.

Technical Scans View Details

Tue, 24 May 2022
High Delivery Percentage High Delivery Percentage
Opening at Low Opening at Low
High Increase 2 Years High Increase 2 Years
William %R Bullish William %R Bullish
Mon, 23 May 2022
Opening at Low Opening at Low

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