Sawaca Business Machines Ltd

Sawaca Business Machines Ltd

₹ 1.56 4.70%
31 May - close price
About

Incorporated in 1994, Sawaca Business Machines Ltd is engaged in sale of various chemical products and scrap material.

Key Points

Services Offered:[1]
a) Scrap Trading: Company sources and supplies premium grade metal scrap with different grades of Copper
scrap, Aluminum Scrap, SS scrap, SS pata patti, etc.
b) Cotton bales: Shankar-6 variety Cotton Bales to local traders and also directly to textile mills all over India.
c) Aromatic Chemicals: Mixture of Aromatic Chemicals, Base Industrial Perfumery Compounds and Essential Oil.
d) Export: Company exports Machinery and various Raw materials to East African countries. Company buys machinery from suppliers across India and then exports it. At present, company is exporting Machinery for Biscuit Manufacturing plant, Mineral Water plant and machinery required for packaging. It also supplies Raw material required for Biscuit Manufacturing Plants.

  • Market Cap 89.2 Cr.
  • Current Price 1.56
  • High / Low 10.5 / 1.01
  • Stock P/E 194
  • Book Value 0.23
  • Dividend Yield 0.00 %
  • ROCE 4.88 %
  • ROE 3.52 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Debtor days have improved from 169 to 20.1 days.

Cons

  • Stock is trading at 6.76 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -3.29%
  • Promoter holding is low: 0.82%
  • Company has a low return on equity of 3.69% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1.39 0.00 0.38 0.17 2.38 0.63 1.17 0.40 0.48 0.21 0.30 0.00 6.03
1.76 0.21 0.51 0.33 2.08 0.78 1.20 0.11 0.81 0.39 0.08 0.11 6.29
Operating Profit -0.37 -0.21 -0.13 -0.16 0.30 -0.15 -0.03 0.29 -0.33 -0.18 0.22 -0.11 -0.26
OPM % -26.62% -34.21% -94.12% 12.61% -23.81% -2.56% 72.50% -68.75% -85.71% 73.33% -4.31%
0.22 0.26 0.26 0.25 0.12 0.24 0.25 0.25 0.22 0.25 0.26 0.26 0.27
Interest 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.00 0.01 0.00 0.00
Depreciation 0.01 0.02 0.04 0.04 0.04 0.03 0.03 0.03 0.03 0.02 0.02 0.02 0.02
Profit before tax -0.16 0.03 0.09 0.05 0.37 0.05 0.18 0.50 -0.14 0.05 0.45 0.13 -0.01
Tax % -18.75% 0.00% 11.11% -40.00% 43.24% 20.00% 27.78% 26.00% 92.86% 60.00% 26.67% 23.08% 100.00%
-0.18 0.03 0.09 0.07 0.22 0.04 0.14 0.38 -0.01 0.02 0.34 0.10 0.01
EPS in Rs -0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 -0.00 0.00 0.01 0.00 0.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
4.59 3.33 10.00 2.60 1.50 1.90 1.44 0.76 2.67 2.93 2.68 6.54
4.58 3.41 10.28 3.18 2.13 2.60 2.19 1.50 3.37 3.09 2.90 6.84
Operating Profit 0.01 -0.08 -0.28 -0.58 -0.63 -0.70 -0.75 -0.74 -0.70 -0.16 -0.22 -0.30
OPM % 0.22% -2.40% -2.80% -22.31% -42.00% -36.84% -52.08% -97.37% -26.22% -5.46% -8.21% -4.59%
0.00 0.30 0.69 0.84 0.83 0.90 1.02 1.01 1.01 0.89 0.96 1.04
Interest 0.00 0.01 0.02 0.00 0.02 0.00 0.00 0.00 0.00 0.03 0.02 0.02
Depreciation 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.13 0.11 0.08
Profit before tax 0.01 0.21 0.38 0.26 0.18 0.20 0.27 0.27 0.30 0.57 0.61 0.64
Tax % 0.00% 33.33% 28.95% 30.77% 33.33% 25.00% 25.93% 25.93% 26.67% 29.82% 8.20% 26.56%
0.01 0.14 0.27 0.18 0.12 0.15 0.20 0.20 0.22 0.41 0.55 0.46
EPS in Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 7%
5 Years: 35%
3 Years: 35%
TTM: 144%
Compounded Profit Growth
10 Years: 12%
5 Years: 18%
3 Years: 28%
TTM: -16%
Stock Price CAGR
10 Years: -24%
5 Years: 15%
3 Years: -6%
1 Year: -66%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 4%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 10.40 10.40 10.40 10.40 10.40 10.40 10.40 10.40 10.40 10.40 11.44 11.44
Reserves 0.49 0.63 0.90 1.08 1.20 1.35 1.55 1.75 1.97 2.37 1.47 1.77
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 0.32 0.25 0.68
1.71 1.64 3.95 1.15 1.04 1.38 0.70 1.14 0.64 2.78 1.22 0.87
Total Liabilities 12.60 12.67 15.25 12.63 12.64 13.13 12.65 13.29 13.15 15.87 14.38 14.76
0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.19 0.34 0.25 0.17
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 10.01 3.99 1.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.56 8.67 14.00 12.63 12.64 13.13 12.65 13.29 12.96 15.53 14.13 14.59
Total Assets 12.60 12.67 15.25 12.63 12.64 13.13 12.65 13.29 13.15 15.87 14.38 14.76

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.03 0.34 -0.14 -0.76 0.42 0.52 0.68 0.65 -0.71 0.08 0.29 -0.95
0.00 -0.45 0.13 0.89 -0.55 -0.53 -0.73 -0.62 0.61 -0.37 0.36 0.69
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 0.18 -0.57 0.26
Net Cash Flow -0.03 -0.11 -0.01 0.13 -0.13 -0.01 -0.06 0.03 0.04 -0.11 0.08 0.00

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 159.84 195.11 155.12 327.10 554.80 165.21 101.39 9.61 56.05 371.23 115.76 20.09
Inventory Days 0.00 0.00 0.00 27.63 0.00 224.47 124.26 410.00 0.00
Days Payable 139.60 257.65 147.55 520.00
Cash Conversion Cycle 159.84 195.11 155.12 215.12 554.80 132.03 78.09 -100.39 56.05 371.23 115.76 20.09
Working Capital Days 26.24 18.63 21.54 216.19 304.17 169.05 101.39 -24.01 -16.40 39.86 -36.77 11.16
ROCE % 0.09% 2.19% 3.58% 2.28% 1.73% 1.71% 2.28% 2.24% 2.43% 4.69% 4.80%

Shareholding Pattern

Numbers in percentages

61 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024May 2024
32.60% 32.60% 23.47% 7.10% 7.10% 4.11% 4.11% 4.11% 4.11% 4.11% 4.11% 0.82%
67.40% 67.40% 76.53% 92.90% 92.90% 95.89% 95.90% 95.89% 95.91% 95.89% 95.90% 99.19%
No. of Shareholders 8,31510,95612,95321,21829,75830,93532,01032,50735,33042,01263,39162,144

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