Dr Sabharwal's Manufacturing Labs Ltd

Dr Sabharwal's Manufacturing Labs Ltd

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About

Dr. Sabharwals Manufacturing Labs Limited is engaged in manufacturing, supply and distribution of surgical equipments such as P.O.P and adhesive tapes.

  • Market Cap Cr.
  • Current Price
  • High / Low /
  • Stock P/E
  • Book Value
  • Dividend Yield %
  • ROCE 10.7 %
  • ROE 6.20 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 27.8%

Cons

  • The company has delivered a poor sales growth of 9.76% over past five years.
  • Company has a low return on equity of 7.78% over last 3 years.
  • Debtor days have increased from 70.2 to 118 days.

* 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.

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Quarterly Results

Figures in Rs. Crores

Jun 2013 Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016
1.15 0.97 1.45 3.01 2.42 2.08 2.08 3.50 1.65 1.81 1.95 1.89 1.02
0.96 0.94 1.36 2.71 2.25 1.90 2.07 2.98 1.57 1.78 1.78 2.07 0.91
Operating Profit 0.19 0.03 0.09 0.30 0.17 0.18 0.01 0.52 0.08 0.03 0.17 -0.18 0.11
OPM % 16.52% 3.09% 6.21% 9.97% 7.02% 8.65% 0.48% 14.86% 4.85% 1.66% 8.72% -9.52% 10.78%
-0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.62 -0.00 -0.00 -0.00 1.16 -0.00
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 0.02 0.06 0.06 0.05 -0.00 -0.00 -0.00 0.24 -0.00 0.03 0.07 0.08 0.04
Profit before tax 0.17 -0.03 0.03 0.25 0.17 0.18 0.01 -0.34 0.08 -0.00 0.10 0.90 0.07
Tax % -0.00% -0.00% 166.67% 20.00% -0.00% -0.00% -0.00% -14.71% -0.00% -0.00% 26.67% 42.86%
0.17 -0.04 -0.02 0.11 0.17 0.18 0.01 -0.49 0.08 -0.03 0.11 0.67 0.05
EPS in Rs
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 TTM
4.29 4.12 3.78 3.93 4.09 4.23 5.60 5.69 6.26 6.67
4.08 3.90 3.96 4.26 4.07 4.25 5.33 5.07 5.86 6.54
Operating Profit 0.21 0.22 -0.18 -0.33 0.02 -0.02 0.27 0.62 0.40 0.13
OPM % 4.90% 5.34% -4.76% -8.40% 0.49% -0.47% 4.82% 10.90% 6.39% 1.95%
0.29 0.12 0.16 1.00 0.20 0.23 0.24 0.24 0.28 1.16
Interest 0.11 0.10 0.14 0.14 0.07 -0.00 0.04 0.05 0.01 0.00
Depreciation 0.12 0.11 0.11 0.10 0.10 0.10 0.09 0.09 0.18 0.22
Profit before tax 0.27 0.13 -0.27 0.43 0.05 0.11 0.38 0.72 0.49 1.07
Tax % 33.33% 15.38% 29.63% 16.28% 20.00% -18.18% 34.21% 33.33% 40.82%
0.18 0.11 -0.19 0.36 0.04 0.13 0.26 0.48 0.29 0.80
EPS in Rs
Dividend Payout % 66.67% 72.73% -0.00% -0.00% -0.00% -0.00% 30.77% 25.00% 27.59%
Compounded Sales Growth
10 Years: %
5 Years: 10%
3 Years: 14%
TTM: -28%
Compounded Profit Growth
10 Years: %
5 Years: 71%
3 Years: 31%
TTM: -37%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 6%
3 Years: 8%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
Equity Capital 0.80 0.80 0.80 0.80 0.80 0.80 0.80 0.80 0.80
Reserves 2.93 2.94 2.75 3.11 3.15 3.28 3.44 3.78 3.97
0.35 0.94 0.68 0.70 0.33 -0.00 -0.00 -0.00 -0.00
1.04 1.03 0.91 0.85 1.08 0.86 0.77 1.39 4.16
Total Liabilities 5.12 5.71 5.14 5.46 5.36 4.94 5.01 5.97 8.93
1.36 1.23 1.13 0.99 0.95 0.91 0.90 0.82 5.13
CWIP -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Investments -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
3.76 4.48 4.01 4.47 4.41 4.03 4.11 5.15 3.80
Total Assets 5.12 5.71 5.14 5.46 5.36 4.94 5.01 5.97 8.93

Cash Flows

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
0.85 -0.08 -0.01 -0.12 0.91 0.19 2.05 0.47 1.97
-0.13 -0.01 -0.00 0.03 -0.00 -0.06 -0.08 -0.01 -4.49
-0.66 0.45 -0.26 0.01 -0.37 -0.33 -0.00 -0.09 -0.14
Net Cash Flow 0.06 0.36 -0.27 -0.08 0.54 -0.20 1.97 0.37 -2.66

Ratios

Figures in Rs. Crores

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014
Debtor Days 74.87 101.88 72.42 74.30 91.03 67.30 29.98 62.86 117.78
Inventory Days 185.65 260.71 248.79 203.83 98.58 77.11 63.98 71.03 83.53
Days Payable 45.62 89.62 98.21 88.48 101.24 57.83 24.12 45.90 289.64
Cash Conversion Cycle 214.89 272.97 223.00 189.65 88.36 86.58 69.84 88.00 -88.33
Working Capital Days 224.62 263.12 271.34 322.28 235.60 224.35 41.71 58.37 -22.74
ROCE % 5.71% -2.92% 3.85% 2.70% 2.63% 10.10% 17.46% 10.70%

Shareholding Pattern

Numbers in percentages

Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017
75.00% 75.00% 75.00% 75.00% 75.00%
25.00% 25.00% 25.00% 25.00% 25.00%
No. of Shareholders 1,0841,0841,0841,0841,084

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