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SAL Automotive Ltd dividend

SAL Automotive Ltd dividend

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Last Updated time: 19 Jul 9.00 AM

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SAL Automotive Ltd

NSE: SALAUTOMOTIVE

DPS

4

Last updated : FY 2023

Key Highlights

    The Dividend per Share of SAL Automotive Ltd is ₹ 4 as of 2023 .a1#The Dividend Payout of SAL Automotive Ltd changed from 31.12 % on March 2019 to 20.43 % on March 2023 . This represents a CAGR of -8.07% over 5 years. a1#The Latest Trading Price of SAL Automotive Ltd is ₹ 515.3 as of 18 Jul 15:30 .a1#The Market Cap of SAL Automotive Ltd changed from ₹ 57.41 crore on March 2019 to ₹ 58.98 crore on March 2023 . This represents a CAGR of 0.54% over 5 years. a1#The Revenue of SAL Automotive Ltd changed from ₹ 60.46 crore to ₹ 60.75 crore over 8 quarters. This represents a CAGR of 0.24% a1#The EBITDA of SAL Automotive Ltd changed from ₹ 1.54 crore to ₹ 2.91 crore over 8 quarters. This represents a CAGR of 37.46% a1#The Net Pr of SAL Automotive Ltd changed from ₹ 0.38 crore to ₹ 0.93 crore over 8 quarters. This represents a CAGR of 56.44% a1#

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Company Fundamentals For SAL Automotive Ltd

Market Cap

123 Cr

EPS

21.3

P/E Ratio (TTM) *

24.2

P/B Ratio (TTM) *

3.2

DTE *

0.7

ROE *

13.1

ROCE *

14.3

Dividend Yield *

1.63

DPS *

4

Dividend Payout *

20.43

Ann.Dividend % *

40

* All values are consolidated

Last Updated time: 19 Jul 9.00 AM

* All values are consolidated

Last Updated time: 19 Jul 9.00 AM

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Historical Dividend Payout of SAL Automotive Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of SAL Automotive Ltd

Period
Mar '1931
Mar '2067
Mar '21100
Mar '220
Mar '2320

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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SAL Automotive Ltd

NSE: SALAUTOMOTIVE

PRICE

515.3

-6.10 (-1.17%)

stock direction

Last updated : 18 Jul 15:30

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of SAL Automotive Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of SAL Automotive Ltd

Period
Mar '1957
Mar '2022
Mar '2140
Mar '2247
Mar '2359

* All values are a in crore

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Historical Revenue of SAL Automotive Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of SAL Automotive Ltd

Period
Jun '2260
Sep '2276
Dec '2277
Mar '2393
Jun '2385
Sep '2381
Dec '2382
Mar '2461

* All values are a in crore

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Historical EBITDA of SAL Automotive Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of SAL Automotive Ltd

Period
Jun '222
Sep '222
Dec '223
Mar '236
Jun '234
Sep '234
Dec '233
Mar '243

* All values are a in crore

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Historical Net Profit of SAL Automotive Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of SAL Automotive Ltd

Period
Jun '220
Sep '221
Dec '221
Mar '233
Jun '232
Sep '231
Dec '231
Mar '241

* All values are a in crore

About SAL Automotive Ltd

About SAL Automotive Ltd

    Swaraj Automotives Limited (SAL) (formerly known Swaraj Automotives Limited) was incorporated as Public Limited Company on 20th November 1974. The Company is an emerging global manufacturer of automotive components, seats and agricultural implements and also a leading and preferred supplier to the Indian automotive industry. The Company was inaugurated by the Hon'ble President of India as 'Punjab Scooters Limited' and started manufacturing scooter named as 'Vijay Kesari'. The Company diversified into manufacturing of seats in 1986 and seat mechanism in 1994 in technological tie-up with Fuji Kiko of Japan. The company is engaged in manufacturing business of Automobile Components, which includes Tractor seats, LCV (Light Commercial Vehicles) seats, seat mechanisms for passenger cars & commercial vehicles and seat frames for commercial vehicles and agriculture Implements, which include Rotavators, Tractor trailers and Planter etc. The Company has manufacturing plant at Nabha located in the State of Punjab and second plant at Dharwad located in the State of Karnataka. The product line of the Company includes seats, seat adjusters/ sliders, seat recliners, and agri implements namely Rotavators & Tractor Trolleys. During the year 2016, Mahindra & Mahindra Ltd, one of the promoters of the Company (the Seller) entered into a Share Purchase Agreement on 16th October 2015 with b4S Solutions Private Ltd (the Acquirer) for sale of their entire equity stake of 71.19% held in the Company at Rs. 145.50 per share. The acquirer subsequently acquired the entire equity stake of 2.99% of other promoter, Punjab State Industrial Development Corporation (PSIDC), held in the Company, at the same rate. Thereafter, pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the acquirer had also made an open offer to the shareholders of the Company for acquiring another 25.82% equity shares of the Company. The entire process was successfully completed on 1st February 2016, taking b4S Solutions Private Limited' s equity holding in the Company to 88.28% and they became promoter of the Company. During the year 2017, B4S Solutions Private Ltd (b4S or the promoter) acquired the entire equity stake of 71.19% held by Mahindra & Mahindra Ltd (M&M), one of the then promoters of the Company (the Seller), by entering into Share Purchase Agreement with M&M on 16th October 2015. b4S subsequently also acquired the entire equity stake of 2.99% held by the then other promoter, Punjab State Industrial Development Corporation (PSIDC). Thereafter, pursuant to SEBI (SAST) Regulations, 2011, b4S made an open offer to the shareholders of the Company. The entire process completed on 1st February 2016 and b4S's total equity holding in the Company stood at 88.28%. To comply with requirements applicable regulations to restore public shareholding in the Company to a minimum of 25%, the promoter divested 158,359 equity shares to the public via three offers for sale during the period December 2016 and January 2017, which has brought down the promoter's shareholding in the Company to 81.68% as on March 31, 2017. The promoter proposes to meet its obligation to divest the remaining 6.68% of its shareholding in near future. During the year under review, the Company set up new seat frames using robots of manufacturing facilities at Dharwad, Karnataka to serve its customers in the West and South Region. The plant started its operations on 24th January 2018. During the year 2018, b4S solutions Private Ltd (b4S or the promoter) acquired the entire equity stake of 71.19% held by Mahindra & Mahindra Ltd (M&M), one of the then promoters of the Company (the Seller), by entering into Share Purchase Agreement with M&M on 16th October 2015. b4S subsequently also acquired the entire equity stake of 2.99% held by the then other promoter, Punjab State Industrial Development Corporation (PSIDC). Thereafter, pursuant to SEBI (SAST) Regulations, 2011, b4S made an open offer to the shareholders of the Company. The entire process completed on 1st February 2016 and b4S's total equity holding in the Company stood at 88.28%. To comply with requirements applicable regulations to restore public shareholding in the Company to a minimum of 25%, the promoter divested 3,18,445 equity shares to the public via seven offers for sale during the period December 2016 to November 2017, which has brought down the promoter's shareholding in the Company to 75% as on March 31, 2018. Meanwhile on July 19, 2017, SEBI passed an interim order to prohibit Company, Directors, and Promoter from buying, selling, or otherwise dealing in securities of the Company, either directly or indirectly, due to non-compliant to Minimum public shareholding (MPS) requirement. After dilution of shareholding to 75% via OFS as mentioned above, the company achieved Minimum Public Shareholding as on 23rd November 2017. On February 14, 2018, SEBI passed a final order stating that there is no violation on part of Company/ Promoter considering enough to warrant any other enforcement action against the Company or its Directors. Further, SEBI found this matter to be disposed of without any further enforcement action. During the financial year 2021, to manufacture seat and seat frame for commercial and passenger vehicle an additional facility is under commissioning at Rudrapur in the State of Uttrakhand. Out of the initial setup cost of Rs.15.37 lakhs incurred till 31 March 2021, Rs. 7 lakhs being capex has been accounted for CWIP and rest amount of Rs. 8.37 lakhs of revenue has been charged to profit & loss account.

SAL Automotive Ltd News Hub

News

Board of SAL Automotives recommends final dividend

SAL Automotives announced that the Board of Directors of the Company at its meeting held o...

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30 May 202412:12

News

SAL Automotives to announce Quarterly Result

SAL Automotives will hold a meeting of the Board of Directors of the Company on 29 May 202...

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25 May 202414:15

News

SAL Automotives to announce Quarterly Result

SAL Automotives will hold a meeting of the Board of Directors of the Company on 13 Februar...

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09 Feb 202414:54

News

SAL Automotives to discuss results

SAL Automotives will hold a meeting of the Board of Directors of the Company on 30 October...

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25 Oct 202315:15

News

SAL Automotives AGM scheduled

SAL Automotives announced that the Annual General Meeting (AGM) of the company will be hel...

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19 Aug 202315:53

News

SAL Automotives to announce Quarterly Result

SAL Automotives will hold a meeting of the Board of Directors of the Company on 10 August ...

Read more

04 Aug 202315:32

FAQs for dividends of SAL Automotive Ltd

What is the current market price of SAL Automotive Ltd Ltd as of July 19, 2024?

The current market price of SAL Automotive Ltd Ltd stands at 515.3 per share.

What dividend did SAL Automotive Ltd declare in the last fiscal year?

In the last fiscal year, SAL Automotive Ltd declared a dividend totaling ₹4.5.

What is the most recent dividend declared by SAL Automotive Ltd?

SAL Automotive Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has SAL Automotive Ltd declared dividends in the current fiscal year

SAL Automotive Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did SAL Automotive Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), SAL Automotive Ltd declared dividends 4 times totaling ₹0.
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