Igarashi Motors

  • Market Cap: Micro Cap
  • Industry: Auto Components & Equipments
  • ISIN: INE188B01013
  • NSEID: IGARASHI
  • BSEID: 517380
INR
370.65
-3.5 (-0.94%)
BSENSE

Jun 10, 03:30 PM

BSE+NSE Vol: 30.05 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Auto.Corp.of Goa
Bharat Seats
Saint-Gob. Sekur
Kross Ltd
Sar Auto Prod.
Precision Camshf
India Motor Part
Alicon Cast.
Igarashi Motors
GKW
The Hi-Tech Gear

Why is Igarashi Motors India Ltd ?

1
Weak Long Term Fundamental Strength with a -2.42% CAGR growth in Operating Profits over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.77
  • The company has been able to generate a Return on Equity (avg) of 2.28% signifying low profitability per unit of shareholders funds
2
Negative results in Mar 26
  • PBT LESS OI(Q) At Rs 2.00 cr has Fallen at -51.3% (vs previous 4Q average)
  • PAT(9M) At Rs 9.63 cr has Grown at -39.85%
  • ROCE(HY) Lowest at 4.50%
3
With ROCE of 4.2, it has a Expensive valuation with a 2.1 Enterprise value to Capital Employed
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of -24.09%, its profits have fallen by -49.8%
4
Consistent Underperformance against the benchmark over the last 3 years
  • Along with generating -24.09% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Igarashi Motors for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Igarashi Motors
-24.09%
-0.51
46.81%
Sensex
-10.21%
-0.78
13.06%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
10.20%
EBIT Growth (5y)
-2.42%
EBIT to Interest (avg)
1.77
Debt to EBITDA (avg)
1.87
Net Debt to Equity (avg)
0.30
Sales to Capital Employed (avg)
1.24
Tax Ratio
26.47%
Dividend Payout Ratio
32.88%
Pledged Shares
0
Institutional Holding
2.26%
ROCE (avg)
4.14%
ROE (avg)
2.28%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
96
Industry P/E
36
Price to Book Value
2.49
EV to EBIT
50.67
EV to EBITDA
15.76
EV to Capital Employed
2.14
EV to Sales
1.51
PEG Ratio
NA
Dividend Yield
0.68%
ROCE (Latest)
4.23%
ROE (Latest)
2.60%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

1What is working for the Company
NET SALES(Q)

Highest at Rs 225.97 cr

-16What is not working for the Company
PBT LESS OI(Q)

At Rs 2.00 cr has Fallen at -51.3% (vs previous 4Q average

PAT(9M)

At Rs 9.63 cr has Grown at -39.85%

ROCE(HY)

Lowest at 4.50%

PBDIT(Q)

Lowest at Rs 19.27 cr.

OPERATING PROFIT TO NET SALES (Q)

Lowest at 8.53%

EPS(Q)

Lowest at Rs 0.51

Loading Valuation Snapshot...

Here's what is working for Igarashi Motors

Net Sales - Quarterly
Highest at Rs 225.97 cr
in the last five quarters
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Igarashi Motors

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 2.00 cr has Fallen at -51.3% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 4.11 Cr
MOJO Watch
Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly
At Rs 1.59 cr has Fallen at -53.3% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 3.40 Cr
MOJO Watch
Near term PAT trend is very negative

PAT (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Lowest at Rs 19.27 cr.
in the last five quarters
MOJO Watch
Near term Operating Profit trend is negative

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Lowest at 8.53%
in the last five quarters
MOJO Watch
Company's efficiency has deteriorated

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 2.00 cr.
in the last five quarters
MOJO Watch
Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly
Lowest at Rs 0.51
in the last five quarters
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (Rs)