Assam Carbon Unlisted Shares
About Assam Carbon Unlisted Shares
Investing in Assam Carbon Products Ltd unlisted share price provides a unique chance to gain exposure to a company with over 50 years of industry leadership. For the railway, steel, electricity, and petrochemical industries, Assam Carbon Products Limited is a recognized provider of carbon and graphite products.
Assam Carbon, a corporation based in Guwahati with plants in Assam and Telangana, has the potential to grow significantly as it combines traditional knowledge with contemporary innovations.
After becoming independent from Morgan’s JV in 2016, Assam Carbon retained proprietary global-grade technologies. In 2024, the company reached a remarkable ₹6,264 crore in revenue, enhancing the attractiveness of its Assam Carbon Products Ltd unlisted share price for investors.
Business Segments
- Electrical & Mechanical Carbons (Core Revenue):
- Carbon brushes, pantograph collectors, railway signaling contacts, seals, bearings.
- Serves Indian Railways, cement, steel, and power sectors.
- Specialty Graphite Division:
- Solutions for diamond tools, optical fiber, fuel cells, and electronics.
- Products: Hi-temp insulators, lubricating blocks, casting dyes.
- Modernization Initiatives:
- Upgraded Guwahati plant (2017) and Hyderabad facility for export-ready production.
Financial Highlights (2021–2024)
- Revenue Growth: Steady CAGR of 15%, reaching ₹6,264 crore in 2024.
- Profitability Surge: PAT jumped 101% (₹410 crore in 2021 to ₹823 crore in 2024), with NPM improving to 13.14% (2024).
- Operational Efficiency: EBITDA rose 62% (₹689 crore to ₹1,113 crore), driven by cost optimization.
- Asset Expansion: Total assets grew 15% (₹5,400 crore to ₹6,235 crore), supported by trade receivables (+44%) and inventory management.
- Shareholder Value: EPS surged from ₹14.88 (2021) to ₹29.82 (2024), reflecting enhanced earnings.
- Reserves Accumulation: Reserves doubled to ₹4,719 crore (2024), ensuring financial stability.
Assam Carbon Unlisted Shares Considerations
Assam Carbon unlisted shares appeal to investors targeting India’s industrial growth. The company’s leadership in carbon products, debt-free trajectory (borrowings at ₹116 crore in 2024), and modernization efforts position it for sustained demand from railways and infrastructure sectors.
Key Risks to Consider:
Despite the growth prospects, investors should be aware of certain risks:
- Commodity Price Volatility: Rising raw material costs (material consumed up 169% since 2021).
- Industrial Dependency: 70%+ revenue linked to cyclical sectors like steel and power.
- Operational Costs: Employee expenses remain high (₹1,222 crore in 2024).
Key Drivers for Valuation Drivers:
Several factors will drive growth in the Assam Carbon unlisted share price:
- Railway Expansion: Rising Indian Railways investments in electrification and modernization.
- Export Growth: Leveraging global-quality products to expand overseas markets.
- Margin Recovery: Stabilizing gross margins through pricing power and efficiency.
Pros
- Market Leadership – Leading player in India’s carbon products sector with 50+ years of expertise.
- Diversified Clientele – Serves key industries like railways, steel, power, and petrochemicals.
- Strong Financials – Revenue grew 51% to ₹6,264 crore in 2024, with steady PAT growth.
Cons
- Margin Pressures – Gross margins declined from 81% (2021) to 66% (2024) due to rising input costs.
- Industrial Cyclicality – Revenue is dependent on infrastructure sectors, making it vulnerable to downturns.
- Geographic Concentration – Manufacturing limited to Assam and Telangana, leading to logistical challenges.
Key Details
| Share Name | Particulars |
|---|---|
| Assam Carbon Products Limited Unlisted | 280.00 |
| Shares Price | Per Equity Share |
| Lot Size | 100 Shares |
| 52 Week High | ₹ 600 |
| 52 Week LoW | ₹ 240 |
| Depository | NSDL & CDSL |
| PAN Number | AACCA4236D |
| ISIN Number | INE496C01018 |
| CIN | L23101AS1963PLC001206 |
| RTA | Link Intime |
| Fundamentals | Value |
|---|---|
| Market Cap (in cr.) | 77.16 |
| P/E Ratio | 8.24 |
| P/B Ratio | 1.32 |
| Debt to Equity | 0.15 |
| ROE (%) | 16% |
| Book Value | 212.19 |
| EPS | 34 |
| Face Value | 10 |
| Total Shares | 2755600 |
Financials
| P&L Statement | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 6264 | 5489 | |
| Cost of Material Consumed | 2114 | 1661 | |
| Gross Margins | 66.25 | 69.74 | |
| Change in Inventory | 52 | 76 | |
| Employee Benefit Expenses | 1222 | 1292 | |
| Other Expenses | 1763 | 1568 | |
| EBITDA | 1113 | 892 | |
| OPM | 17.77 | 16.25 | |
| Other Income | 168 | 189 | |
| Finance Cost | 10 | 11 | |
| D&A | 116 | 115 | |
| EBIT | 997 | 777 | |
| EBIT Margins | 15.92 | 14.16 | |
| PBT | 1155 | 954 | |
| PBT Margins | 18.44 | 17.38 | |
| Tax | 332 | 320 | |
| PAT | 823 | 634 | |
| NPM | 13.14 | 11.55 | |
| EPS | 29.82 | 23.01 |
| Ratio | FY24 | FY23 | FY22 |
|---|---|---|---|
| Operating Margin | 18% | 17% | |
| Net Margin | 13% | 11% | |
| Return on Eqyity | 16% | 15% | |
| Debt-Equity | 0.02 | 0.04 | |
| Current Ratio | 4.57 | 3.81 | |
| Dividend Payout Ratio | 10% | 9% |
| Company | ASSAM CARBON PRODUCTS LTD | JOSTS ENGINEERS COMPANY LTD | TEGA INDUSTRIES LTD |
|---|---|---|---|
| Market Cap (₹ Crores) | 165 | 525 | 10688 |
| Profitability Margin (%) | 13.39% | 7.53% | 12.20% |
| ROCE (%) | 14.51% | 30.60% | 17.70% |
| ROE (%) | 16.03% | 26.40% | 15.50% |
| D/E Ratio | 0.15 | 0.3 | 0.24 |
| P/E Ratio | 17.65 | 29.2 | 53.4 |
| P/B Ratio | 2.83 | 6.68 | 7.66 |
| Book Value per Share (₹) | 212.19 | 78.6 | 210 |
| Assets | 2024 | 2023 | 2022 |
|---|---|---|---|
| Fixed Assets | 1160 | 1236 | |
| CWIP | 23 | 0 | |
| Investments | 262 | 254 | |
| Trade Receivables | 1617 | 1394 | |
| Inventory | 1441 | 1604 | |
| Other Assets | 1732 | 1033 | |
| Total Assets | 6235 | 5521 |
| Liabilities | 2024 | 2023 | 2022 |
|---|---|---|---|
| Share Capital | 276 | 275.5 | |
| FV | 10 | 10 | |
| Reserves | 4719 | 3958 | |
| Borrowings | 116 | 171 | |
| Trade Payables | 412 | 350 | |
| Other Liabilities | 712 | 766.5 | |
| Total Liabilities | 6235 | 5521 |
