Assam Carbon Products Ltd

₹2,100 - ₹3,500

Platform	Last Traded Price	Min Quantity
★★★★☆	₹2,100	596	Visit
★★★★☆	₹2,600	829	Visit
★★★★★☆	₹2,700	728	Visit
★★★★★☆	₹2,800	703	Visit
★★★★☆☆	₹2,900	37	Visit

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★★★★☆

LTP:₹2,100

Min Qty:681

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★★★★☆

LTP:₹2,600

Min Qty:764

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★★★★★☆

LTP:₹2,700

Min Qty:983

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★★★★★☆

LTP:₹2,800

Min Qty:543

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★★★★☆☆

LTP:₹2,900

Min Qty:835

Strengths & Weaknesses

Strengths

Diverse Product Range: The company offers a variety of products, including carbon brushes, mechanical seals, piston rings, and current collectors, catering to multiple industries such as railways, automotive, and engineering

Manufacturing Growth: The “Make in India” initiative and government support for manufacturing are expected to bolster demand for the company’s products

Improved Operational Efficiency: Continued cost-saving measures, modernization of factories in Assam and Telangana, and focus on productivity improvements enhance operational efficiency.

Robust Financial Performance: The company recorded a 14.12% increase in revenue from operations, highlighting its ability to sustain growth despite challenges.

Weaknesses

Profit Margin Pressures: Volatility in raw material and consumable prices has significantly reduced profit margins

Dependence on Specific Industries: Heavy reliance on railways and DC motors puts the company at risk if these markets declin

Balance Sheet	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Equity Capital	2.76	2.76	2.76	2.76	2.76	2.76
Reserves	47.19	39.58	32.35	25.81	21.94	10.90
Total Equity	49.94	42.33	35.11	28.57	24.70	13.66
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00
Provisions	0.74	1.18	1.63	2.94	2.77	2.95
Deferred Tax Liability	0.73	0.63	0.00	0.00	0.00	0.00
Total Non Current Liabilities	1.47	1.81	1.63	2.94	2.77	2.95
Borrowings	1.16	1.71	2.05	6.51	5.95	4.95
Other Current Liabilities	9.77	9.36	13.99	15.99	21.10	26.63
Total Current Liabilities	10.94	11.07	16.03	22.50	27.05	31.58
Equity + Liabilities	62.35	55.21	52.77	54.01	54.52	48.19
Fixed Assets (incl. WIP)	11.83	12.37	13.07	13.01	14.41	14.52
Other Non Current Assets	0.52	0.62	1.48	2.56	2.92	0.59
Total Non Current Assets	12.35	12.99	14.55	15.57	17.33	15.10
Trade Receivables	16.17	13.94	12.32	11.27	11.86	15.81
Cash & Cash Equivalents	10.94	5.60	5.19	4.03	1.38	1.41
Other Current Assets	22.90	22.68	20.72	23.13	23.95	15.87
Total Current Assets	50.01	42.22	38.23	38.44	37.19	33.09
Total Assets	62.35	55.21	52.77	54.01	54.52	48.19

Profit & Loss	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue from Operations	62.64	54.89	47.05	41.41	48.44	51.27
Growth %	14.11%	16.68%	13.61%	-14.52%	-5.51%	0
Operating Expenses	51.50	45.98	39.80	34.54	36.24	44.52
Growth %	12.01%	15.53%	15.23%	-4.69%	-18.61%	0
Operating Profit	11.14	8.91	7.25	6.87	12.21	6.75
Op. Profit Margin %	17.78%	16.24%	15.41%	16.60%	25.20%	13.16%
Other Income	1.68	1.89	3.37	1.13	1.09	1.21
Finance Costs	0.10	0.11	0.63	0.93	0.71	0.04
Depreciation	1.16	1.16	1.16	1.65	1.78	1.57
Profit Before Tax	11.55	9.54	8.83	5.42	10.80	6.34
Tax	3.32	3.20	2.52	1.32	2.95	1.29
Tax %	28.78%	33.59%	28.59%	24.38%	27.30%	20.34%
Profit After Tax	8.23	6.33	6.30	4.10	7.85	5.05
Growth %	29.87%	0.48%	53.75%	-47.76%	55.38%	0
PAT %	13.13%	11.54%	13.40%	9.90%	16.20%	9.85%
Diluted EPS	29.85	22.99	22.88	14.88	28.48	18.33

Shareholding Pattern

Color	Shareholder	Holding
	Shaurya Veer Himatsingka	31.53
	Rakesh Himatsingka	28.9
	Anita Himatsingka	6.82
	Assam Industrial Development Corporation Ltd	3.63
	Maalika Himatsingka	3.27
	Other	25.85

Fundamentals

Quick Insights

Diverse Product Range: The company offers a variety of products, including carbon brushes, mechanical seals, piston rings, and current collectors, catering to multiple industries such as railways, automotive, and engineering
Manufacturing Growth: The “Make in India” initiative and government support for manufacturing are expected to bolster demand for the company’s products
Improved Operational Efficiency: Continued cost-saving measures, modernization of factories in Assam and Telangana, and focus on productivity improvements enhance operational efficiency.
Robust Financial Performance: The company recorded a 14.12% increase in revenue from operations, highlighting its ability to sustain growth despite challenges.

Market Cap₹106.09 Cr

PE Ratio12.90

EPS29.85

Dividend Yield0%

Book Value₹153.63

Debt/Equity0.02

Price/Book2.51

Industry PE0

Sales₹62.64 Cr

Profit After Tax₹8.23 Cr

ISININE496C01018

SectorChemicals/Manufacturing

About Company

Assam Carbon Products Limited (ACPL) is one of the leading manufacturer of carbon and graphite products in India.

Established in 1963, the company specializes in producing carbon brushes, mechanical carbon seals, current collectors, and other carbon-based components for various industries.

Platform	Last Traded Price	Min Quantity
★★★★☆	₹2,100	77	Visit
★★★★☆	₹2,600	21	Visit
★★★★★☆	₹2,700	757	Visit
★★★★★☆	₹2,800	222	Visit
★★★★☆☆	₹2,900	360	Visit

Quick Insights

Diverse Product Range: The company offers a variety of products, including carbon brushes, mechanical seals, piston rings, and current collectors, catering to multiple industries such as railways, automotive, and engineering
Manufacturing Growth: The “Make in India” initiative and government support for manufacturing are expected to bolster demand for the company’s products
Improved Operational Efficiency: Continued cost-saving measures, modernization of factories in Assam and Telangana, and focus on productivity improvements enhance operational efficiency.
Robust Financial Performance: The company recorded a 14.12% increase in revenue from operations, highlighting its ability to sustain growth despite challenges.

Market Cap₹106.09 Cr

PE Ratio12.90

EPS29.85

Dividend Yield0%

Book Value₹153.63

Debt/Equity0.02

Price/Book2.51

Industry PE0

Sales₹62.64 Cr

Profit After Tax₹8.23 Cr

ISININE496C01018

SectorChemicals/Manufacturing

About Company

Strengths

Manufacturing Growth: The “Make in India” initiative and government support for manufacturing are expected to bolster demand for the company’s products

Improved Operational Efficiency: Continued cost-saving measures, modernization of factories in Assam and Telangana, and focus on productivity improvements enhance operational efficiency.

Robust Financial Performance: The company recorded a 14.12% increase in revenue from operations, highlighting its ability to sustain growth despite challenges.

Weaknesses

Profit Margin Pressures: Volatility in raw material and consumable prices has significantly reduced profit margins

Dependence on Specific Industries: Heavy reliance on railways and DC motors puts the company at risk if these markets declin

Annual Reports

FY 2023-24 FY 2022-23 FY 2021-22 FY 2020-21 FY 2019-20

Balance Sheet	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Equity Capital	2.76	2.76	2.76	2.76	2.76	2.76
Reserves	47.19	39.58	32.35	25.81	21.94	10.90
Total Equity	49.94	42.33	35.11	28.57	24.70	13.66
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00
Provisions	0.74	1.18	1.63	2.94	2.77	2.95
Deferred Tax Liability	0.73	0.63	0.00	0.00	0.00	0.00
Total Non Current Liabilities	1.47	1.81	1.63	2.94	2.77	2.95
Borrowings	1.16	1.71	2.05	6.51	5.95	4.95
Other Current Liabilities	9.77	9.36	13.99	15.99	21.10	26.63
Total Current Liabilities	10.94	11.07	16.03	22.50	27.05	31.58
Equity + Liabilities	62.35	55.21	52.77	54.01	54.52	48.19
Fixed Assets (incl. WIP)	11.83	12.37	13.07	13.01	14.41	14.52
Other Non Current Assets	0.52	0.62	1.48	2.56	2.92	0.59
Total Non Current Assets	12.35	12.99	14.55	15.57	17.33	15.10
Trade Receivables	16.17	13.94	12.32	11.27	11.86	15.81
Cash & Cash Equivalents	10.94	5.60	5.19	4.03	1.38	1.41
Other Current Assets	22.90	22.68	20.72	23.13	23.95	15.87
Total Current Assets	50.01	42.22	38.23	38.44	37.19	33.09
Total Assets	62.35	55.21	52.77	54.01	54.52	48.19

Profit & Loss	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue from Operations	62.64	54.89	47.05	41.41	48.44	51.27
Growth %	14.11%	16.68%	13.61%	-14.52%	-5.51%	0
Operating Expenses	51.50	45.98	39.80	34.54	36.24	44.52
Growth %	12.01%	15.53%	15.23%	-4.69%	-18.61%	0
Operating Profit	11.14	8.91	7.25	6.87	12.21	6.75
Op. Profit Margin %	17.78%	16.24%	15.41%	16.60%	25.20%	13.16%
Other Income	1.68	1.89	3.37	1.13	1.09	1.21
Finance Costs	0.10	0.11	0.63	0.93	0.71	0.04
Depreciation	1.16	1.16	1.16	1.65	1.78	1.57
Profit Before Tax	11.55	9.54	8.83	5.42	10.80	6.34
Tax	3.32	3.20	2.52	1.32	2.95	1.29
Tax %	28.78%	33.59%	28.59%	24.38%	27.30%	20.34%
Profit After Tax	8.23	6.33	6.30	4.10	7.85	5.05
Growth %	29.87%	0.48%	53.75%	-47.76%	55.38%	0
PAT %	13.13%	11.54%	13.40%	9.90%	16.20%	9.85%
Diluted EPS	29.85	22.99	22.88	14.88	28.48	18.33

Shareholding Pattern

Color	Shareholder	Holding
	Shaurya Veer Himatsingka	31.53
	Rakesh Himatsingka	28.9
	Anita Himatsingka	6.82
	Assam Industrial Development Corporation Ltd	3.63
	Maalika Himatsingka	3.27
	Other	25.85

Board of Directors

Mr. Rakesh HimatsingkaChairman

Mrs. Anita HimatsingkaNon Executive Director

Ms. Maalika HimatsingkaWhole-time Director

Mr. Jayant KumarWhole-time Director

Mrs. Rupanjana DeIndependent Director

Dr. Sharmistha BanerjeeIndependent Director

Mr. Hemant Kumar KhaitanIndependent Director

Mr. Avinash Kumar GuptaIndependent Director

Mr. Sanjay Kumar LhilaIndependent Director

Mr. Susheel Kumar Sharma Non Executive Director

Mr. Jnyan Prasad DeuriAIDC Nominee

Senior Management

Mr. Pijush BysackCFO

Ms. Parinita GoenkaCompany Secretary