Sales on the other hand came in at rs 3 bn down 16. Liberty house emerges as top bidder for amtek auto times of. Amtek auto limited price vs book value, keymetrics, pros and cons. Amtek auto share price, amtek auto stock price, amtek auto.
For the quarter ended december 2018, amtek auto has posted a net profit of rs 857 m down 6. Smart bargain investors buy shares when the current market price is below the book value i. Projected fcf explanation the growth multiple is capped between 8. Get amtek auto stock price details, news, financial results, stock charts, returns. Balance sheet of amtek auto ltd amtekauto for last 10 years including book value, equity capital shareholding, liabilities, capital employed, current assets, total assets, cash and bank balance, total debt, cagr growth for 1, 3 5, 7 and 10 years. The offers made by both companies was 92 per cent of the liquidation amount. Feb 23, 2018 et reported that deccan value, a us registered hedge fund, has emerged as the highest bidder for amtek auto, the auto component maker facing bankruptcy proceedings over defaults of over inr 12,700. Feb 20, 2018 the liquidation value of amtek auto is pegged at 33 per cent of the outstanding loan. With the infrastructure and technology platform developed over 25 years, the group is well positioned in the indian auto and nonauto component markets. Since the intrinsic value calculations based on discounted cash flow intrinsic value.
Amtek auto to announce quarterly result nov 12,2019. Liberty house emerges as top bidder for amtek auto times. Amtek auto limited price vs book value, keymetrics, pros. Company including its revenue recognition, employee benefits, intangible assets and more. Amtek auto owes more than rs 12000 crore to lenders and was admitted.
Amtek auto lenders have approved usbased hedge fund decan value s plan. Amtek auto standalone march 2019 net sales at rs 273. Amtek auto company history business standard news page 1. Company, including debt equity ratio, turnover ratio etc. Rediff moneywiz, the personal finance service from equips the user with tools and information in the form of graphs, charts, expert advice, and more to stay uptodate and make informed decisions. Generally the share price is above the book value price but during a recession e. The company has had consistent profit growth of over 30% in the last 5 years. Nclat orders liquidation of amtek auto business news.
Amtek auto limited 10 years price vs book value, dividend yield, annualised growth rates, dcf, graham, eps growth and pe valuation prices and other key metrics. With the current share price at a multiyear low rs. The liberty house to justify such default came up with frivolous arguments. We are not inclined to give any direction or exclude any period for fresh resolution plan, said the twomember bench led by justice sj mukhopadhaya on friday.
The auto parts maker has total debt of rs 12,603 crore. Amtek auto is headed for liquidation after the national company law appellate tribunal nclat rejected appeals for more time to hammer out a new resolution plan after bid winner liberty house group failed to meet its obligations. Mar 24, 2015 castex technologies ltd erstwhile amtek india ltd q. Rss feed is a xml file that provides summaries, including links to the full versions of the content.
Its product portfolio includes auto components and assemblies namely engine, transmission and suspension components. Lenders of amtek auto on wednesday asked the chandigarh bench of the national company law tribunal nclt to allow it to recommence the process of inviting resolution plans for the asset, even as the bench directed the matter to be heard on a daily basis from january 23. Amtekauto wacc % explanation, calculation, historical data and more. Amtek india limited price vs book value, keymetrics, pros. Positive points 1 largest auto ancillary company in india and among the top 10 in the world as regards capacity. Amtek lenders seek to restart process for resolution, liberty. The committee of creditors of troubled domestic auto parts maker amtek auto on thursday approved the resolution plan submitted by liberty house, clearing the. Browse amtek auto stock discussion, ideas, questions and answers online at. The company has world class facilities in india, europe and north america. It is available through rss feed reader or through some browsers. Amtek auto news latest amtek auto news, information.
Amtek lenders seek to restart process for resolution. Jan 10, 2019 sources present during the hearing on wednesday said lhg contended that there was a huge gap between the book value of fixed assets as per amteks balance sheet and liquidation value of fixed. Liberty houses resolution plan approved, all set to take. In the latest quarter, company has reported gross sales. Amtek auto ltd extraordinary shareholders meeting thursday 14th may, 2015. Is it good to buy share which are below book value. Deccan value emerged as the highest bidder for amtek auto. With the infrastructure and technology platform developed over 25 years, the group is well positioned in the indian auto and non auto component markets. Et reported that deccan value, a us registered hedge fund, has emerged as the highest bidder for amtek auto, the auto component maker facing bankruptcy proceedings over. Read on for a complete analysis of amtek autos quarterly results. As late as in may 2015, amtek auto acquired a german company thru its singapore based subsdiary. Book value per share free float in % cash flow per share number of shares in mm pe ratio stock information amtek automore. Liberty house managed to pip american hedge fund deccan value in the race for amtek auto, which has been under bankruptcy, following default in repayment, sources told toi. Amtek auto was among the first list of the 12 companies that were referred by the reserve bank of india rbi in 2017 to respective banks for the initiation of.
Sign up for paid membership to see the enterprise value. Amtek auto ltd is one of the largest integrated automotive component manufacturers in india with a strong global presence. Amtek auto stock discussion forum online india, can i buy. Auto slump likely to hit amtek auto resolution the economic times.
Read on for a complete analysis of amtek auto s quarterly results. Total stockholders equity weighting is more art than science and it should always be revisited in more detail when researching a company. Nclat passed several judgements but many of them failed supreme court perusal. Amtek india limited 10 years price vs book value, dividend yield, annualised growth rates, dcf, graham, eps growth and pe valuation prices and other key metrics.
Amtek auto share price live today 52 week high low stock. Nclt to hear amtek auto lenders plea from january 23. Sources present during the hearing on wednesday said lhg contended that there was a huge gap between the book value of fixed assets as per amteks balance sheet and liquidation value of. Dcf fcf based, or discounted earnings intrinsic value. Londonbased liberty house group lhg didnt furnish a bank guarantee of.
The bench heard ukbased liberty house groups lhg application, alleging misrepresentation of. Apr, 2018 the committee of creditors of troubled domestic auto parts maker amtek auto on thursday approved the resolution plan submitted by liberty house, clearing the decks for the acquisition by the. Amtek auto limited is an integrated component manufacturer. Dcf earnings based cannot be applied to companies without consistent revenue and earnings, gurufocus developed a valuation model based on normalized free cash flow and book value of the company. Weightings from 0% to 100% to more than 100% are possible. Amtek auto lenders have approved usbased hedge fund decan values plan.
The amtek group is comprised of corporate entities amtek auto, jmt auto, amtek global technologies and other subsidiaries and associates. Amtek india limited price vs book value, keymetrics, pros and. We understand that the deccan value offer is almost on par with the liquidation value, said one person quoted above. Mar 07, 2018 liberty house managed to pip american hedge fund deccan value in the race for amtek auto, which has been under bankruptcy, following default in repayment, sources told toi. Nclt declined to entertain the application by the liberty house contending that the difference between the book value and the liquidation value of amtek auto ltd. Amtek auto, 520077, amtekauto share price, rating, research.
Share price, corporate actions, valuation, research report, financials and more complete track record of amtek auto ltd from indias independent mutual fund research house. Rediff moneywiz, the personal finance service from equips the user with tools and information in the form of graphs, charts, expert advice, and. Castex technologies ltd erstwhile amtek india ltd q. Castex technologies 201718 annual report analysis annual result update dec 18, 2018 updated on dec 18, 2018. Amtek auto fact sheet, amtek auto financial results. Hi vijay, please share your views on amtek india ltd. Nclt to hear amtek auto lenders plea from january 23 the. Stock amtek auto stock price today markets insider. Amtek auto share price, amtek auto stock price, amtek auto ltd.
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