Assam Carbon Products Ltd (ACPL) | Latest Share Price & Updates
Company Overview
Assam Carbon Products Ltd is the leading manufacturer of carbon and carbon related mechanical products in India. The company was founded in 1963 at Bamunimaidan, Guwahati, Assam. The company was a subsidiary of Morgans UK till 2016. In 2016, the present management acquired the shareholding of Morgans UK after Morgans UK decided to exit the Indian carbon business . Currently, the major shareholders of the company are Mr. Shaurya Veer Himatsingka with 31.53% shares and Mr. Rakesh Himatsingka with 28.90% shareholding and company has no subsidiary as on 31-March-2021.
Products
- Electrical Products – Current Collector, Brush, Carbon Electrical blocks, Silver Impregnated Contacts.
- Mechanical Products- carbon bearings, carbon seal rings, thrust pads.
- Graphite Products- Casting Dyes, Fuel Cells, Insulators, Heating Elements.
- Aegis Ring.
Business Model
Assam Carbon Products Ltd operates two manufacturing plants in India, one at Guwahati and second near Hyderabad with 350 employee strength. The Guwahati factory manufactures various types of carbon & graphitised blocks and blanks, which are further used in making of electrical carbon brushes for use by Indian Railways and other sectors like steel plants, sugar mills, power generators, power plants etc. The Hyderabad factory manufactures carbon brushes and other railway traction items, like pantograph carbons, and carbon seals, current collectors, bearings, vanes and thrust pads.
The company supplies mechanical carbon products like carbon blocks, carbon brushes to diversified client bases like railways, cement, steel plants, sugar mills, paper mills and hardware manufacturing industries. In FY 2020-21, the mechanical and special carbon components constituted 55%, carbon brush 39% and carbon blocks 6% of its turnover.
Registered Office
The company is headquartered at Birkuchi, Narengi Chandrapur Road, Narengi, Guwahati, Assam. The company is a public company and currently not listed on any stock exchange.
| Symbol: | Assam Carbon Ltd |
|---|---|
| Face Value (₹): | 10 |
| ISIN: | INE496C01018 |
| Demat Status: | NSDL & CDSL |
| Lot Size: | 60 Shares |
Board of Directors
| Name | Designation | Profile |
|---|---|---|
| Mr. Kali Krishna Bhattacharya | Managing Director |  |
| Mr. Rakesh Himatsingka | Non-Executive Chairman |  |
| Ms. Anita Himatsingka | Non-Executive Chairman | |
| Ms. Maalika Himatsingka | Non-Executive Chairman | |
| Mr. Susheel Kumar Sharma | Non-Executive Director | |
| Mr. Avinash Kumar Gupta | Independent Director | |
| Mr. S K Lhila | Independent Director | |
| Mr. Rupanjana De | Independent Director | |
Key Business Highlights
- Total Income CAGR growth is 12% over the period of 4 years.
- PAT CAGR growth is 42% over the period of 4 years.
- In order to explore the prospect of its product in the foreign markets , Assam Carbon have incorporated a wholly owned subsidiary company in UK name i.e “ Assam Carbon Products UK Limited”.
Ratio
| Ratio | FY22 | FY21 |
|---|---|---|
| Operating Margin | 19% | 15% |
| Net Margin | 13% | 10% |
| Return on Equity | 18% | 14% |
| Debt-Equity | 0.05 | 0.10 |
| Current Ratio | 2.38 | 1.71 |
| Dividend Payout Ratio | 0% | 0% |
Financial Highlights
| Particulars | 2021-22 | 2020-21 | 2019-20 | 2018-19 |
|---|---|---|---|---|
| Total Income (₹ Crores) | 50.42 | 42.54 | 49.53 | 52.48 |
| PAT (₹ Crores) | 6.31 | 4.10 | 7.85 | 5.05 |
| Diluted EPS | 22.88 | 14.88 | 28.48 | 18.33 |
| Book Value per Share (₹) | 127.41 | 103.66 | 89.63 | 49.57 |
| Equity (₹ Crores) | 35.11 | 28.57 | 24.70 | 13.66 |
Peer Comparison
Company Market Cap (₹ Crores) Profitability Margin (%) ROCE (%) ROE (%) D/E Ratio P/E Ratio P/B Ratio Book Value per Share (₹)
ASSAM CARBON PRODUCTS LTD 62.00 12.51% 50.05% 17.97% 0.05 9.83 1.77 127.41
JOSTS ENGINEERS COMPANY LTD 82.00 3.67% 18.71% 13.85% 0.25 19.03 2.60 193.07
TEGA INDUSTRIES LTD 3198 16.20% 13.43% 10.45% 0.18 29.16 3.40 138.38
Media Updates
“Bonus Share Issue Propose in June 2021.”
The Board of Directors, at its meeting held on 14th June, 2021 has recommended for issuance of
bonus shares in the proportion of 1:2 [i.e.1 (One) new fully paid up equity share for every 2 (Two)
existing equity shares held].
