Akar Auto Industries Limited manufactures, sells, exports, imports, and trades in automotive components in India and internationally. The company offers various hand tools, including spanners/wrenches, automotive/working tools, plumbing tools, electrical and electronics tools, striking tools, lubricating tools, tool aprons, and hand trucks; and automotive and non-automotive tool kits and forging products. It also provides multi and parabolic leaf springs; and air links. The company serves automotive and non-automotive suppliers, as well as original equipment manufacturers. It also exports its products to various countries, such as the United States, Germany, Europe, and the United Kingdom, etc. The company was formerly known as Akar Tools Limited and changed its name to Akar Auto Industries Limited in November 2017. Akar Auto Industries Limited was incorporated in 1989 and is based in Aurangabad, India.
Metrics to compare | AKAA | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipAKAAPeersSector | |
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P/E Ratio | 29.0x | 16.5x | 11.1x | |
PEG Ratio | 1.66 | 0.18 | 0.02 | |
Price/Book | 3.7x | 2.3x | 1.4x | |
Price / LTM Sales | 0.5x | 0.8x | 0.9x | |
Upside (Analyst Target) | - | 42.5% | 20.0% | |
Fair Value Upside | Unlock | −16.0% | 9.0% | Unlock |