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Patels Airtemp (India) Ltd share Price Today

Company details

464.00
482.50
190.00
489.00
6M Return 61.13%
1Y Return 113.36%
Mkt Cap.(Cr) 259.09
Volume 8,677
Div Yield 0.64%
OI
-
OI Chg %
-
Volume 8,677

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Patels Airtemp (India) Ltd shares SWOT Analysis

Strengths (8)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with high TTM EPS Growth

Weakness (2)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 482.8
R2 491.9
R3 501.3
Pivot

473.38

S1 464.3
S2 454.9
S3 445.8
EMA SMA
434.4
422.6
403.8
364.9
424.7
420.2
413.3
351.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ZAKI ABBAS NASSER Bulk Purchase 2023-07-05 270.19 45000 BSE
RAMESH CHIMANLAL SHAH Bulk Sell 2023-07-05 270.29 31840 BSE
ROHA ASSET MANAGERS LLP Bulk Sell 2023-05-29 228.53 51418 BSE
Name Category Shares
DEVIDAS CHELARAM NARUMALANI PROMOTER 5.3%
NARAYANBHAI GANGARAM PATEL PROMOTER 4.16%
AARTI PRAKASHBHAI PATEL PROMOTER 3.38%
SANJIV NARAYANBHAI PATEL PROMOTER 3.35%
SHIVANG PRAKASHCHANDRA PATEL PROMOTER 1.51%
JALPA SANJIV PATEL PROMOTER 1.22%
SANJIVKUMAR NARAYANBHAI PATEL HUF PROMOTER 0.82%
THERM FLOW ENGINEERS PVT LTD PROMOTER 24.91%
SHIV FINTRADE LLP PROMOTER 1.27%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Patels Airtemp (India) Ltd Stocks COMPARISON

Financials( in Cr) Patels Airtemp Cummins India Thermax Grindwell Norton Carborundum Uni.
Price 473.65 2,810.95 3,739.85 2,143.90 1,090.45
% Change 1 1.81 0.49 0.57 0.27
Mcap Cr 259.09 77,919.53 44,562.56 23,737.26 20,724.55
Revenue TTM Cr 281.48 7,772.09 8,089.81 2,012.76 4,654.28
Net Profit TTM Cr 11.17 1,228.15 450.70 295.08 441.70
PE TTM 18.71 50.06 80.98 60.51 56.06
1 Year Return 113.36 77.98 75.81 9.97 11.15
ROCE 12.92 26.89 14.53 27.49 20.69
ROE 9.30 22.53 12.25 20.97 17.04
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 129.56 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 24,237.34 -6,671.37
LAST 3M 66,180.77 -16,581.78
LAST 6M 123,999.37 13,119.57
LAST 12M 183,206.60 175,293.18

Patels Airtemp (India) Ltd Information

Stock PE (TTM)
18.71
Promoter Holding
46.44%
Book Value
245.7098
ROCE
12.92%
ROE
9.3%
Description
  • Promoted by N G Patel and Associates Patel, Airtemp (India) Ltd was incorporated in June, 1992 with the objective of taking over two of the eight existing units of the group in order to create a harmony in the group`s product range and to avoid competition among the group companies. The Company is presently engaged in manufacture and sale of extensive range of Heat Exchangers such as Shell & Tube Type, Finned Tube Type and Air Cooled Heat Exchangers, Pressure Vessels, Air-conditioning and Refrigeration equipments and Turnkey HVAC Projects in India & marketing of equipments even outside India. All these products are supplied to leading Industrial Sections like Power Projects, Refineries, Fertilizers, Cements, Petrochemicals, Pharmaceuticals, Textile and Chemical Industries. The two existing profit-making companies -- Patel Airtemp Pvt Ltd and Gujarat Patcon Pvt Ltd -- have been merged with Patel Airtemp (India) pursuant to the order of the Gujarat High Court dated 1 May `93. These two companies had their independent manufacturing facilities at GIDC Vatva, near Ahmedabad, which are now designated as Unit I and II of the company. The company has set up another plant at Kalol in Mehasana district, Gujarat, for which it came out with a public issue in Mar.`94, aggregating Rs 3.5 cr. The company manufactures a wide range of engineering equipment such as heat exchangers, pressure vessels, industrial fans and blowers as well as air-conditioning and refrigeration equipment. The company`s product range is used extensively as capital equipment in several projects like fertilisers, petrochemicals, cement, agro-chemicals, chemicals, pharmaceuticals, power plants, etc. With the third unit on stream, the company manufactures special pressure vessels like horten spheres, LPG bullets and storage vessels for hazardous chemicals. Company has completed two prestigious Jobs for Nirma Ltd for their LAB as well as Soda Ash Project. These jobs were sucessfully completed with rigid quality specifications. Similarly, Company also executed certian critical jobs pertaining to ventilation and Airconditioning Equipment & Project for M/s Reliance Petroleum Ltd- Jamnagar, also some Special Heat Exchanger for Indo Gulf Fertilisers & over 16 Bullets for IOCL for its various plants located all over country. Company also seriously exploring the possibility of going for the lucrative line of Turnkey Projects. In August 2004, the Vatva Division of the Company got demerged into Patels Airflow Ltd. In consideration thereof, 1 equity share of Rs.10/- each of Patels Airflow Ltd was issued for every 4 existing equity shares held. Consequently the existing equity shares of Rs.10/- each got reduced to Rs.7.50 each, which were consolidated into 3 equity shares Rs.10/- each for every 4 shares of Rs.7.50 each. The Company in 2019-20, set up a Greenfield project at Village Dudhai, in Dist. Mehsana, Gujarat with total capital outlay of around Rs.19.10 Crores for dedicated manufacturing of Air Cooled Heat Exchanger / Air Fin Cooler. Patels Airtemp (USA) Inc. became wholly owned subsidiary of the Company on 13th January, 2020 by acquiring its 100% shares in 2019-20.

Registered Address

5th Floor Kalpana Complex, Nr Memnagar Fire Station, Ahmedabad, Gujarat, 380009

Tel : 91-2764286634/35
Email : share:patelsairtemp.com
Website : http://www.patelsairtemp.com
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 517417
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : X
ISIN : INE082C01024

FAQ’s on Patels Airtemp (India) Ltd Shares

You can buy Patels Airtemp (India) Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Patels Airtemp (India) Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Feb 23, 2024 04:01 PM the closing price of Patels Airtemp (India) Ltd was ₹ 473.65.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Feb 23, 2024 04:01 PM, the market cap of Patels Airtemp (India) Ltd stood at ₹ 259.09.

The latest PE ratio of Patels Airtemp (India) Ltd as of Feb 23, 2024 04:01 PM is 18.71

The latest PB ratio of Patels Airtemp (India) Ltd as of Feb 23, 2024 04:01 PM is 0.52

The 52-week high of Patels Airtemp (India) Ltd is ₹ 489.00 while the 52-week low is ₹ 190.00

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