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Growth in %
25.05%
1 Year
-4.62%
2 Year
-4.50%
5 Year
The Company’s top-line showed a growth of 25.05 % when current year is compared with previous year mainly due to higher market demand on account of improvement in economic conditions due to lockdown removal. The auto component industry showed a recovery in revenue growth, increasing by 13–15% for 2021–2022, driven by demand from domestic OEMs, parts replacement and export markets, as well as via passing through high commodity prices to end-customers.
Growth in %
16.16%
1 Year
68.76%
3 Year
-6.55%
5 Year
The company has performed fairly well in terms of managing its expenses in accordance with the revenue.
Growth in %
16.16%
1 Year
65.98%
3 Year
-6.46%
5 Year
EPS of GKN driveline has fallen in lieu of fall in the net profit of the company and there were no changes made in the number of shares in FY22.
Growth in %
-16.92%
1 Year
-9.54%
3 Year
0.50%
5 Year
GKN Driveline's book values were damaged as a result of the 36.2% decline in the company's retained earnings. This is due to the fact that the business had a profit of 65.6 crores in FY22 and dispersed 158.3 crores as dividends, which had an effect on equity.
Growth in %
15.70%
1 Year
7.62%
3 Year
-4.37%
5 Year
EBITDA is better than previous year due to volume increase, despite increase in cost of material due to steel price increase and rationalization of employee cost. However EBITDA (in percentage) is lower this year as last year there was one off write back of provision for interest and penalty on Income tax for INR 17.9 Cr as company has opted for Vivad se Vishwas Scheme for settlement of Income tax litigations.
Growth in %
26.82%
1 Year
10.08%
3 Year
-7.61%
5 Year
As a percentage of revenue, depreciation and amortization now have a greater impact as the company's revenue has not increased over the past five years, but because the company has effectively managed its expenses, this has not had an influence on operating profit margins.
Growth in %
1.51%
1 Year
-3.32%
2 Year
-0.09%
5 Year
Assets of the company have been
Growth in %
82.79%
1 Year
10.28%
3 Year
-0.30%
5 Year
In FY22, the cash flow from operations increased primarily as a result of higher profits. Additionally, working capital requirements fell as a result of increase in trade payables and fall in inventory.
Current ratio less than 1.33 signifies poor liquidity situation of the company. Current assets like inventories and trade receivables are decreasing consistently from last few years. In FY 22, the current liabilities of the company shown a significant jump of 48% mainly because of significant increase in trade payables and provisions made for dividend payable.
The company's weak liquidity situation is also indicated by a quick ratio of less than 1.
The company currently has no debt, which is the primary factor in their strong interest coverage ratio.
The business has done a great job of preserving its profitability margins. As a result of the company's excellent expense management, FY22 margins are higher than the 3 and 5 year average margins.
Decrease in equity and increase in PAT has led to a significant rise in ROE.
Since the company has no debt, ROCE has climbed dramatically while equity has decreased.
GKN Driveline Dividend Yield
