Autolite (India) Ltd.
Snapshot View

17.30 ▼0%

02 August 2021, 04:00:00 P.M.

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.autopal.com
Financial Indicators
Market Cap 19.29 Cr.
Earnings per share (EPS) -12.85 Trailing Twelve Months Ending 2020-09
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2020-09
Industry PE 82.70 Trailing Twelve Months Ending 2020-09
Book Value / Share 22.11 Trailing Twelve Months Ending 2020-09
Price to Book Value 0.78 Calculated using Price: 17.25
Dividend Yield 0.00 Period Ending 2019-03
No. of Shares Subscribed 1.12 Cr. 11,181,241 Shares
FaceValue 10
Company Profile

Autolite India was established in the year 1970. Its plants are located in Sitapur and Vishwakarma Industrial Area, Rajasthan. The company set up a wholly-owned subsidiary in the US at Delaware, Texas, called Autopal.

The company was formed with the objective to design, manufacture and market automotive lighting products globally.

The company is amongst few in the world, which has installed Computerized Photometry Testing Equipments (LMT), CNC, CAD, CAM design and tool manufacturing facilities Catia and Pro-E Softwares. Its testing laboratory is recognized by Govt. of India and equipped with all the facilities to test all the products as per SAE, ECE, ARAI standards.

More than 70% business volume comes from the overseas market spread across more than 70 countries in America, Europe, Asia and Africa. The company caters to major OEMs in India and has received most preferred status in the Indian market.

The company has been following international quality management systems since its inception, accredited with ISO-9001: 2000 and now the company has been recommended for TS 16949 to IATF. The quality of the products have further been upgraded in line with the world class quality parameters and thrust is to achieve ‘0’ p.p.m. level.

Product range offered:

The current product range includes:

  • Head Lamps
  • Auxiliary Lamps,
  • Work Lamps
  • Automotive Horns
  • Halogen Bulbs
  • Miniature Bulbs
  • Incandescent  Bulbs
  • International packaging
  • Rubber Body Lamps
  • Rubber Housing 

Clientele:

  • Maruti Suzuki
  • LCV manufacturers
  • Premier Auto
  • Hindustan Motors
  • Escorts
  • Yamaha
  • BEML

History of the company:

1970 - Year of establishment.

1974 - Establishment of In-house R&D.

1977 - First time export of auto headlamps from India.

1982 - Converted Into a public limited company.

1989 - Set up a 100% export oriented unit.

1992 - Development of halogen lamp manufacturing machinery.

1995 - Conferred IS0 9002 system certification.

1995-96 - Recognition of R&D laboratory by government of India.

1996 - Installed most modern CNC, CAD, CAM, CAE product designing and tool manufacturing facilities.

1997 - Testing laboratory recognised by TUV Germany.

1997-98- Development of rear cornering lamp with free form technology for the first time in India for General Motors USA's GMX-130 Pontiac car , For this, the company received the ACMA technology award.

1998 - Conferred QS-9000.

1999 - Installed Catia Froe Software at its designing centre.

2001 - Development of in-house technology for manufacturing multi-surface reflector lights (MSR).

2010 - Autolite India recognized as Star Export House Status by Ministry of Commerce & Industry Govt. of India.

2012 - All main production units accredited for E1 Compliant Production by TUV

Awards & Certification:

The company has received more than 40 awards in recognition of its outstanding performance in various areas of operation. Some of which are listed here:

  • ACME Technology Award in 1998.
  •  Maruti-Suzuki Vendor Performance Award in 1998.
  • ACMA Export for Export Excellence in 1996.
  • State award for export excellence in 1996.
  • National Productivity Award in 1995.
  • ACMA Certificate of Merit in 1995.
  • ACMA Best Export Performance Award in 1993.
  • Udyog Ratna Award in 1993.
  • EEPC - Export Excellence Award in 1999-2000.
  • EEPC - Export Excellence Award in 1993.
  • EEPC - Export Excellence Award in 1992.
  •  Government of India Certificate of Merit in 1992.
  • ACME Best Export Performance Award in 1992.
  • EEPC Export Excellence Award in 1990.
  • ACMA Best Export Performance Award in 1988.
  • IMM - BATA Award in 1988 by the President of India.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
-1.14%
1 Month
+5.81%
3 Month
-27.31%
6 Month
-39.62%
1 Year
-10.59%
2 Year
-27.77%
5 Year
-69.94%
9 years 2011-03 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03
Return on Equity (%) 2.38 1.76 2.44 2.02 1.09 1.81 1.64 1.24 0.91
Return on Capital Employed (%) 8.38 7.90 8.87 8.16 10.56 12.38 7.83 7.00 6.84
Return on Assets (%) 1.06 0.75 1.02 0.85 0.44 0.70 0.64 0.47 0.34

Balance Sheet View Details

Particulars 9 years 2011-03 Rs. Cr. 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.
Shh. Funds 31 31 32 33 34 38 39 40 40
Non Curr. Liab. 8 5 7 6 16 19 17 17 16
Curr. Liab. 29 35 32 38 32 35 42 50 50
Minority Int.
Equity & Liab. 68 70 70 77 83 92 98 107 107
Non Curr. Assets 46 34 38 37 37 38 44 46 47
Curr. Assets 20 34 31 41 44 52 54 61 60
Misc. Exp. not W/O 1 2 2 2 2
Total Assets 68 70 70 77 83 92 98 107 107

Profit Loss View Details

Particulars 9 years 2011-03 Rs. Cr. 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.
Net Sales 108 121 113 114 122 128 114 125 120
Other Income 1 1 3 2 1 1 1 1 1
Total Income 109 122 116 115 123 129 114 126 121
Total Expenditure -101 -114 -109 -108 -115 -118 -106 -118 -112
PBIDT 8 8 7 7 8 10 9 8 9
Interest -3 -3 -3 -3 -5 -6 -5 -5 -5
Depreciation -4 -4 -4 -3 -2 -2 -3 -3 -4
Taxation 0 0 0 0 0 -1 0 0 0
Exceptional Items -1
PAT 1 1 1 1 0 1 1 0 0

Cash Flow View Details

Particulars 9 years 2011-03 Rs. Cr. 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.
Cash Fr. Operatn. 7 2 6 4 -4 -3 11 12 13
Cash Fr. Inv. -3 2 -4 -1 -2 -4 -6 -7 -6
Cash Fr. Finan. -5 -4 -1 -3 6 7 -7 -4 -7
Net Change -1 0 1 0 -1 1 -1 1 0
Cash & Cash Eqvt 1 0 1 1 0 1 0 1 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 54.08 54.10 54.14 54.14 54.14 54.14 54.15 54.15 54.20
Public 45.92 45.90 45.86 45.86 45.86 45.86 45.85 45.85 45.80
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

Wed, 21 Jul 2021
Shareholding for the Period Ended June 30 2021
Autolite (India) Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Wed, 07 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
0110
Name of the Signatory :- VISHAL AGARWAL
Designation :- Company Secretary and Compliance Officer
Thu, 29 Apr 2021
Statement Of Related Party Transactions For The Half Year Ended September 30 2020
Attached herewith statement of Related Party Transactions for the half year ended September 30 2020.
This is in reference to Financial results for the half year ended September 30 2020 which were approved by the Board of Directors on March 30 2021. Please note that due to COVID -19 outbreak covering letter is not attached. Please consider this submission in compliance with Regulation 23(9) of SEBI( LODR) Regulations 2015.

Technical Scans View Details

Mon, 02 Aug 2021
High Delivery Percentage High Delivery Percentage
Close Crossing Last Month Close from Above Close Crossing Last Month Close from Above
Opening at High Opening at High
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
Mon, 26 Jul 2021
High Delivery Percentage High Delivery Percentage

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 217,385.87 7,203.00 +1.8%
Bajaj Auto Ltd. 110,769.70 3,828.00 -0.3%
Tata Motors Ltd. 100,854.35 303.75 +2.3%
Mahindra & Mahindra Ltd. 95,781.77 770.45 +1.7%
Motherson Sumi Systems Ltd. 74,732.51 236.65 +0.9%
Eicher Motors Ltd. 72,404.19 2,648.40 +1.8%
Hero MotoCorp Ltd. 56,314.78 2,818.00 +1.3%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-06 42.36 7,203.00 +1.8%
Bajaj Auto Ltd. Consolidated 2021-06 19.67 3,828.00 -0.3%
Tata Motors Ltd. Consolidated 2021-06 0.00 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 52.85 770.45 +1.7%
Motherson Sumi Systems Ltd. Consolidated 2021-03 71.92 236.65 +0.9%
Eicher Motors Ltd. Consolidated 2021-03 53.76 2,648.40 +1.8%
Hero MotoCorp Ltd. Consolidated 2021-03 19.30 2,818.00 +1.3%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-06 4.11 7,203.00 +1.8%
Bajaj Auto Ltd. Consolidated 2021-06 3.91 3,828.00 -0.3%
Tata Motors Ltd. Consolidated 2021-06 1.99 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 2.31 770.45 +1.7%
Motherson Sumi Systems Ltd. Consolidated 2021-03 6.40 236.65 +0.9%
Eicher Motors Ltd. Consolidated 2021-03 6.37 2,648.40 +1.8%
Hero MotoCorp Ltd. Consolidated 2021-03 3.66 2,818.00 +1.3%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 0.00 7,203.00 +1.8%
Bajaj Auto Ltd. Consolidated 2021-03 0.00 3,828.00 -0.3%
Tata Motors Ltd. Consolidated 2021-03 2.46 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 1.95 770.45 +1.7%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1.13 236.65 +0.9%
Eicher Motors Ltd. Consolidated 2021-03 0.01 2,648.40 +1.8%
Hero MotoCorp Ltd. Consolidated 2021-03 0.02 2,818.00 +1.3%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 11.52 7,203.00 +1.8%
Bajaj Auto Ltd. Consolidated 2021-03 18.60 3,828.00 -0.3%
Tata Motors Ltd. Consolidated 2021-03 -22.17 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 0.57 770.45 +1.7%
Motherson Sumi Systems Ltd. Consolidated 2020-03 11.98 236.65 +0.9%
Eicher Motors Ltd. Consolidated 2021-03 12.37 2,648.40 +1.8%
Hero MotoCorp Ltd. Consolidated 2021-03 20.03 2,818.00 +1.3%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 14.71 7,203.00 +1.8%
Bajaj Auto Ltd. Consolidated 2021-03 24.16 3,828.00 -0.3%
Tata Motors Ltd. Consolidated 2021-03 -1.27 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 6.52 770.45 +1.7%
Motherson Sumi Systems Ltd. Consolidated 2020-03 12.08 236.65 +0.9%
Eicher Motors Ltd. Consolidated 2021-03 16.42 2,648.40 +1.8%
Hero MotoCorp Ltd. Consolidated 2021-03 25.96 2,818.00 +1.3%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 75,660.00 7,203.00 +1.8%
Bajaj Auto Ltd. Consolidated 2021-03 27,741.08 3,828.00 -0.3%
Tata Motors Ltd. Consolidated 2021-03 249,794.75 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 89,026.76 770.45 +1.7%
Motherson Sumi Systems Ltd. Consolidated 2020-03 63,536.80 236.65 +0.9%
Eicher Motors Ltd. Consolidated 2021-03 8,720.35 2,648.40 +1.8%
Hero MotoCorp Ltd. Consolidated 2021-03 30,959.19 2,818.00 +1.3%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 5,559.20 7,203.00 +1.8%
Bajaj Auto Ltd. Consolidated 2021-03 4,550.70 3,828.00 -0.3%
Tata Motors Ltd. Consolidated 2021-03 -13,016.14 303.75 +2.3%
Mahindra & Mahindra Ltd. Consolidated 2021-03 230.44 770.45 +1.7%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1,237.00 236.65 +0.9%
Eicher Motors Ltd. Consolidated 2021-03 1,315.76 2,648.40 +1.8%
Hero MotoCorp Ltd. Consolidated 2021-03 2,982.61 2,818.00 +1.3%