Financials Amara Raja Energy & Mobility Limited NSE India S.E.

Equities

ARE&M

INE885A01032

Electrical Components & Equipment

End-of-day quote NSE India S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
1,128 INR +1.11% Intraday chart for Amara Raja Energy & Mobility Limited +1.99% +38.25%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 122,806 81,665 145,788 91,581 98,935 206,151 - -
Enterprise Value (EV) 1 122,553 79,741 141,853 90,863 97,795 203,760 202,193 200,165
P/E ratio 25.4 x 12.4 x 22.5 x 17.9 x 14.2 x 22.3 x 19.9 x 18.2 x
Yield 0.71% 2.3% 1.29% 0.84% 0.55% 0.9% 0.97% 1.03%
Capitalization / Revenue 1.81 x 1.19 x 2.04 x 1.05 x 0.95 x 1.83 x 1.67 x 1.54 x
EV / Revenue 1.8 x 1.17 x 1.98 x 1.04 x 0.94 x 1.81 x 1.64 x 1.49 x
EV / EBITDA 12.9 x 7.26 x 12.7 x 8.88 x 7.22 x 13.3 x 11.7 x 10.5 x
EV / FCF 934 x 16.8 x 46.5 x -71 x 20.4 x 25.4 x 24.3 x 21.6 x
FCF Yield 0.11% 5.96% 2.15% -1.41% 4.9% 3.94% 4.12% 4.64%
Price to Book 3.68 x 2.23 x 3.46 x 2.01 x 1.87 x 3.22 x 2.83 x 2.51 x
Nbr of stocks (in thousands) 170,813 170,813 170,813 170,813 170,813 183,025 - -
Reference price 2 719.0 478.1 853.5 536.2 579.2 1,126 1,126 1,126
Announcement Date 5/15/19 5/30/20 5/22/21 5/20/22 5/23/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 67,931 68,395 71,497 86,958 103,859 112,809 123,218 134,016
EBITDA 1 9,518 10,986 11,157 10,227 13,552 15,358 17,313 19,065
EBIT 1 6,906 7,978 7,965 6,270 9,280 10,689 12,156 13,296
Operating Margin 10.17% 11.66% 11.14% 7.21% 8.93% 9.48% 9.87% 9.92%
Earnings before Tax (EBT) 1 7,304 8,407 8,733 6,899 9,476 11,627 13,347 14,671
Net income 1 4,835 6,608 6,468 5,112 6,944 8,633 9,813 10,778
Net margin 7.12% 9.66% 9.05% 5.88% 6.69% 7.65% 7.96% 8.04%
EPS 2 28.31 38.69 37.87 29.93 40.65 50.48 56.54 61.74
Free Cash Flow 1 131.2 4,755 3,054 -1,280 4,789 8,028 8,331 9,286
FCF margin 0.19% 6.95% 4.27% -1.47% 4.61% 7.12% 6.76% 6.93%
FCF Conversion (EBITDA) 1.38% 43.29% 27.37% - 35.34% 52.27% 48.12% 48.71%
FCF Conversion (Net income) 2.71% 71.96% 47.21% - 68.96% 92.99% 84.9% 86.16%
Dividend per Share 2 5.080 11.00 11.00 4.500 3.200 10.16 10.94 11.60
Announcement Date 5/15/19 5/30/20 5/22/21 5/20/22 5/23/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 19,601 21,027 18,859 22,642 23,651 21,807 26,200 26,995 26,372 24,292 27,699 28,669 28,837 28,338
EBITDA 1 3,064 3,165 2,499 2,689 2,840 2,199 2,609 3,602 3,969 3,372 3,535 3,882 3,986 4,074
EBIT 1 2,273 2,294 1,536 1,703 1,819 1,211 1,646 2,583 2,823 2,228 2,424 2,600 2,778 2,666
Operating Margin 11.6% 10.91% 8.14% 7.52% 7.69% 5.56% 6.28% 9.57% 10.71% 9.17% 8.75% 9.07% 9.64% 9.41%
Earnings before Tax (EBT) 1 2,599 2,588 1,670 1,932 1,970 1,325 1,770 2,765 3,026 1,915 2,584 2,792 2,964 3,112
Net income 1 1,932 1,895 1,239 1,441 1,446 985.4 1,314 2,022 2,228 1,380 1,925 2,155 2,247 2,404
Net margin 9.86% 9.01% 6.57% 6.37% 6.12% 4.52% 5.02% 7.49% 8.45% 5.68% 6.95% 7.52% 7.79% 8.48%
EPS 2 11.31 11.09 7.260 8.440 8.470 5.770 7.700 11.84 13.04 8.080 11.27 12.56 13.03 13.98
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 2/13/21 5/22/21 8/14/21 11/12/21 2/10/22 5/20/22 8/6/22 11/3/22 1/25/23 5/23/23 8/12/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 253 1,924 3,936 718 1,140 2,391 3,958 5,985
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 131 4,755 3,054 -1,280 4,789 8,028 8,331 9,286
ROE (net income / shareholders' equity) 15.4% 18.9% 16.4% 11.7% 14.1% 14.9% 14.9% 14.5%
ROA (Net income/ Total Assets) - 13.9% - 8.42% 10.3% 11.2% 10.8% 10.4%
Assets 1 - 47,483 - 60,708 67,375 76,904 90,451 103,401
Book Value Per Share 2 195.0 214.0 247.0 267.0 310.0 350.0 397.0 448.0
Cash Flow per Share 31.70 - - - - - - -
Capex 1 5,285 7,014 4,967 7,598 4,459 4,460 4,904 5,454
Capex / Sales 7.78% 10.25% 6.95% 8.74% 4.29% 3.95% 3.98% 4.07%
Announcement Date 5/15/19 5/30/20 5/22/21 5/20/22 5/23/23 - - -
1INR in Million2INR
Estimates
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