Company Akar Auto Industries Limited

Equities

AAIL6

INE864E01021

Industrial Machinery & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Company contact information

Sector

Sales per Business

Sector Other Industrial Machinery & Equipment

Market Closed - Bombay S.E. Other stock markets 06:01:23 2024-06-04 am EDT			5-day change	1st Jan Change
99.8 ^INR	-5.18%		-20.98%	-33.31%

May. 30	Akar Auto Industries Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024	CI
Feb. 13	Akar Auto Industries Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI

Akar Auto Industries Limited is an India-based company, which is engaged in the business of manufacturing hand tools, auto leaf spring, parabolic springs & commercial automotive forging. The Company's hand tools include spanner/wrenches, automotive/working tools, plumbing tools, electrical and electronics tools, striking tools, lubricating tools, tool apron and hand truck. The Company's tool kits include automotive tool kits and non-automotive tool kits. Its forging includes forging-automotive, such as automotive levers, automotive shafts, automotive gear blanks and automotive various other forgings, and forging-non-automotive, such as non-automotive shaft and non-automotive various other forgings. The Company's leaf springs include multi leaf spring, such as bogie type, progressive type, single stage, two stages: parabolic leaf spring and air links, such as air links z springs and air links heavy.

Number of employees: 360

INR in Million	2022	Weight	2023	Weight	Delta
Automotive Components 93.7 %	2,521	93.9 %	3,440	93.7 %	+36.47%
Scrap 4.7 %	129	4.8 %	172	4.7 %	+32.54%
Other Miscellaneous / Others 1.0 %	4	0.2 %	38	1.0 %	+773.49%
Export Incentive 0.5 %	20	0.8 %	17	0.5 %	-17.78%
Net Foreign Exchange Gain/(Losses) 0.1 %	10	0.4 %	4	0.1 %	-62.04%

INR in Million	2022	Weight	2023	Weight	Delta
India 100.0 %	2,685	100.0 %	3,671	100.0 %	+36.70%

Managers	Title	Age	Since
Sunil Todi CEO	Chief Executive Officer	61	10-10-15
Pawan Gupta DFI	Director of Finance/CFO	48	20-06-28
Radhyeshyam Rathi CMP	Compliance Officer	-	23-08-13
Nasim Ahmad COO	Chief Operating Officer	54	05-03-31

Members of the board	Title	Age	Since
Anil Kumar Gupta BRD	Director/Board Member	73	19-08-12
Ulhas Narayanrao Gaoli BRD	Director/Board Member	73	19-08-12
Sunil Todi CEO	Chief Executive Officer	61	10-10-15
Narendrakumar Gupta CHM	Chairman	65	89-06-20
Pradeep M. Nijampurkar BRD	Director/Board Member	65	07-07-30
Bhimsen Raghavendra Galgali BRD	Director/Board Member	68	18-02-11
BhavnaVijay Saboo BRD	Director/Board Member	57	18-08-13

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	10,788,010	2,606,764 ( 24.16 %)	0	24.16 %

Akar Auto Industries Ltd.

E-5, MIDC Area, Waluj

431136, Aurangabad

+91 24 0664 7200

http://www.akartoolsltd.com

address Akar Auto Industries Limited(AAIL6)

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

99.8 INR

Average target price

150 INR

Spread / Average Target

+50.30%

Consensus

Industrials

Industrial Goods

Machinery, Equipment & Components

Industrial Machinery & Equipment

Other Industrial Machinery & Equipment

	1st Jan change	Capi.
AKAR AUTO INDUSTRIES LIMITED	-33.31%	13.66M
ATLAS COPCO AB	+15.30%	90.22B
PARKER-HANNIFIN CORPORATION	+11.45%	65.95B
INGERSOLL RAND INC.	+13.09%	36.33B
XYLEM INC.	+19.81%	33.61B
SANDVIK AB	+2.11%	27.14B
FANUC CORPORATION	+7.43%	26.86B
FORTIVE CORPORATION	-0.90%	25.68B
DOVER CORPORATION	+16.33%	24.91B
TECHTRONIC INDUSTRIES CO. LTD.	+3.39%	22.49B

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