Why is Patels Airtemp (India) Ltd ?
1
Poor long term growth as Net Sales has grown by an annual rate of 0.98% and Operating profit at 0.26% over the last 5 years
2
With a fall in Operating Profit of -20.13%, the company declared Very Negative results in Dec 25
- The company has declared negative results for the last 3 consecutive quarters
- NET SALES(Q) At Rs 58.81 cr has Fallen at -33.47%
- PBT LESS OI(Q) At Rs 2.05 cr has Fallen at -53.20%
- PAT(Q) At Rs 2.66 cr has Fallen at -30.2%
3
Below par performance in long term as well as near term
- Along with generating -58.98% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- 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 Industrial Manufacturing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Patels Airtemp for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Patels Airtemp
-58.98%
-1.22
48.26%
Sensex
-3.52%
-0.27
12.93%
Quality key factors
Factor
Value
Sales Growth (5y)
0.98%
EBIT Growth (5y)
0.26%
EBIT to Interest (avg)
2.41
Debt to EBITDA (avg)
2.86
Net Debt to Equity (avg)
0.35
Sales to Capital Employed (avg)
1.44
Tax Ratio
29.34%
Dividend Payout Ratio
11.17%
Pledged Shares
0
Institutional Holding
0.07%
ROCE (avg)
13.00%
ROE (avg)
9.98%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
28
Price to Book Value
0.72
EV to EBIT
8.14
EV to EBITDA
6.99
EV to Capital Employed
0.79
EV to Sales
0.64
PEG Ratio
NA
Dividend Yield
1.41%
ROCE (Latest)
10.88%
ROE (Latest)
6.60%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
Technical Movement
3What is working for the Company
DEBTORS TURNOVER RATIO(HY)
Highest at 4.55 times
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 35.98 cr
-27What is not working for the Company
NET SALES(Q)
At Rs 58.81 cr has Fallen at -33.47%
PBT LESS OI(Q)
At Rs 2.05 cr has Fallen at -53.20%
PAT(Q)
At Rs 2.66 cr has Fallen at -30.2%
ROCE(HY)
Lowest at 10.44%
INTEREST(Q)
At Rs 3.50 cr has Grown at 76.77%
Loading Valuation Snapshot...
Here's what is working for Patels Airtemp
Debtors Turnover Ratio- Half Yearly
Highest at 4.55 times and Grown
each half year in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Cash and Cash Equivalents - Half Yearly
Highest at Rs 35.98 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Patels Airtemp
Net Sales - Quarterly
At Rs 58.81 cr has Fallen at -33.47%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 2.05 cr has Fallen at -53.20%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 2.66 cr has Fallen at -30.2%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Interest - Quarterly
At Rs 3.50 cr has Grown at 76.77%
Quarter on Quarter (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)






