Swadeshi Polytex Ltd

Swadeshi Polytex Ltd

₹ 338 -5.00%
18 May - close price
About

Incorporated in 1970, Swadeshi Polytex Ltd
is in the business of real estate development.

Key Points

Business Overview:[1]
Company is engaged in the business of owning, purchasing, selling, leasing and developing real estate including land, plot, buildings, factories, warehouses, residential, commercial, agricultural and industrial infrastructures. Company also deals in immovable properties and other related assets as owners, advisors, developers, service providers and brokers.

  • Market Cap 1,316 Cr.
  • Current Price 338
  • High / Low 413 / 35.0
  • Stock P/E 16.0
  • Book Value 27.9
  • Dividend Yield 0.00 %
  • ROCE 147 %
  • ROE 122 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 59.5% CAGR over last 5 years

Cons

  • Stock is trading at 12.1 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

* 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: Realty Industry: Construction

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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
0.00 0.00 0.00 0.00 36.23 13.69 4.48 9.95 16.21 4.54 40.17 54.55 0.00
0.58 0.39 0.46 0.39 1.65 0.81 0.50 0.87 1.36 0.65 1.81 2.67 1.69
Operating Profit -0.58 -0.39 -0.46 -0.39 34.58 12.88 3.98 9.08 14.85 3.89 38.36 51.88 -1.69
OPM % 95.45% 94.08% 88.84% 91.26% 91.61% 85.68% 95.49% 95.11%
0.04 0.16 0.04 0.04 0.31 0.35 0.43 0.66 1.00 1.21 1.82 1.85 1.65
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04
Profit before tax -0.54 -0.23 -0.42 -0.35 34.89 13.23 4.41 9.74 15.85 5.10 40.18 53.73 -0.08
Tax % -11.11% 30.43% -611.90% 28.57% 17.08% 19.73% 17.46% 19.20% 19.68% 23.14% 18.89% 14.83% 225.00%
-0.60 -0.17 -2.99 -0.25 28.94 10.62 3.64 7.88 12.71 3.91 32.59 45.75 0.10
EPS in Rs -0.15 -0.04 -0.77 -0.06 7.42 2.72 0.93 2.02 3.26 1.00 8.36 11.73 0.03
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
14 6 7 2 2 3 13 16 0 36 44 99
2 2 2 2 2 2 3 4 2 3 4 7
Operating Profit 12 4 5 -1 -0 1 10 12 -2 33 41 92
OPM % 83% 64% 68% -42% -12% 26% 78% 77% 92% 92% 93%
0 1 1 2 6 3 2 2 0 1 2 7
Interest 12 4 5 3 3 4 3 1 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 1 0 -2 2 0 9 14 -2 34 43 99
Tax % 900% -115% 74% -291% 45% 409% 12% 15% 18% 25% 19% 17%
1 3 0 -7 1 -0 8 12 -2 26 35 82
EPS in Rs 0.35 0.82 0.02 -1.76 0.29 -0.09 2.05 3.04 -0.42 6.55 8.94 21.12
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 31%
5 Years: 50%
3 Years: %
TTM: 124%
Compounded Profit Growth
10 Years: 38%
5 Years: 60%
3 Years: 275%
TTM: 137%
Stock Price CAGR
10 Years: 66%
5 Years: 150%
3 Years: 320%
1 Year: 777%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 122%

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 4 4 4 4 4 4 4 4 4 4 4 4
Reserves -53 -50 -50 -57 -56 -56 -48 -36 -38 -12 22 105
61 51 26 25 25 25 16 2 2 0 0 0
18 18 40 42 40 40 41 48 47 42 39 3
Total Liabilities 30 23 20 15 13 13 13 17 15 34 65 112
0 0 0 0 0 0 0 0 0 0 0 5
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
30 23 20 15 13 13 13 17 15 34 65 107
Total Assets 30 23 20 15 13 13 13 17 15 34 65 112

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
-1 27 25 0 -3 -1 19 17 -2 26 32 44
0 1 2 2 6 3 0 0 0 -22 -34 -44
-1 -25 -29 -2 -3 -1 -20 -16 0 -2 0 0
Net Cash Flow -2 3 -2 1 -1 1 -0 2 -2 2 -3 0

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 331 52 26 0 0 0 0 0 0 0 0
Inventory Days 6,168
Days Payable 271
Cash Conversion Cycle 331 5,948 26 0 0 0 0 0 0 0 0
Working Capital Days 116 -428 -1,463 -6,703 -5,328 -3,458 -864 -886 -334 -248 4
ROCE % 108% 61% 482%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.21% 63.21% 63.21% 63.21% 63.21% 63.20% 63.20% 63.20% 66.38% 68.08% 68.08% 68.08%
0.07% 0.07% 0.07% 0.07% 0.07% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06% 0.06%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
36.71% 36.71% 36.71% 36.72% 36.72% 36.71% 36.72% 36.74% 33.55% 31.85% 31.86% 31.85%
No. of Shareholders 9,8699,90810,21710,54310,47410,86410,94911,02311,98212,67514,56816,171

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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