Saraswati Commercial (India) Ltd
Incorporated in 1983, Saraswati Commercial (India) Ltd deals in shares and securities & lending[1]
- Market Cap ₹ 2,337 Cr.
- Current Price ₹ 22,694
- High / Low ₹ 27,775 / 2,800
- Stock P/E 13.6
- Book Value ₹ 8,285
- Dividend Yield 0.00 %
- ROCE 21.8 %
- ROE 18.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 73.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.5% 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: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 22 | 99 | 19 | 11 | 16 | 9 | 1 | 28 | 87 | 24 | 128 | 217 | |
| 0 | 21 | 87 | 1 | 3 | 2 | 2 | 14 | 2 | 2 | 3 | 3 | 5 | |
| Operating Profit | 0 | 1 | 12 | 18 | 8 | 14 | 8 | -13 | 26 | 85 | 21 | 125 | 212 |
| OPM % | 81% | 5% | 13% | 95% | 75% | 86% | 82% | -938% | 94% | 97% | 87% | 98% | 98% |
| 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 5 | 4 | 3 | 0 | 0 | 0 | 2 | 1 | 2 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 8 | 14 | 5 | 14 | 7 | -13 | 25 | 84 | 19 | 123 | 211 |
| Tax % | 18% | 0% | 18% | 0% | -2% | -17% | 10% | -26% | 14% | 22% | 39% | 16% | |
| 0 | 0 | 7 | 14 | 5 | 16 | 7 | -10 | 21 | 65 | 12 | 104 | 171 | |
| EPS in Rs | 159.56 | 66.64 | -96.01 | 213.21 | 629.96 | 113.21 | 1,008.93 | 1,664.92 | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 69% |
| 3 Years: | 66% |
| TTM: | 312% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 120% |
| 5 Years: | 73% |
| 3 Years: | 69% |
| TTM: | 337% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 212% |
| 3 Years: | 103% |
| 1 Year: | 629% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 13% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.64 | 0.64 | 0.64 | 0.64 | 0.64 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 14 | 14 | 21 | 35 | 115 | 128 | 135 | 155 | 275 | 421 | 432 | 689 | 852 |
| 0 | 41 | 32 | 42 | 8 | 32 | 0 | 10 | 5 | 28 | 22 | 0 | 5 | |
| 0 | 12 | 6 | 5 | 9 | 1 | 0 | 0 | 12 | 30 | 26 | 67 | 96 | |
| Total Liabilities | 15 | 67 | 59 | 82 | 133 | 162 | 137 | 166 | 293 | 480 | 482 | 758 | 955 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 13 | 37 | 44 | 51 | 97 | 119 | 117 | 135 | 286 | 465 | 480 | 749 | 867 |
| 2 | 30 | 16 | 32 | 36 | 42 | 20 | 31 | 7 | 14 | 2 | 8 | 87 | |
| Total Assets | 15 | 67 | 59 | 82 | 133 | 162 | 137 | 166 | 293 | 480 | 482 | 758 | 955 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 25 | -5 | -16 | -23 | -6 | -16 | -18 | -5 | 50 | 27 | 33 | |
| 1 | -23 | 10 | 20 | 27 | 8 | 16 | 16 | 4 | -81 | -22 | -7 | |
| 0 | -1 | -5 | -4 | -3 | -3 | -0 | 9 | -7 | 33 | -7 | -24 | |
| Net Cash Flow | 0 | 0 | -0 | 0 | 2 | -1 | -0 | 7 | -7 | 2 | -2 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 0 | 2 | 2 | 119 | 91 | 0 | 0 | 32 | 0 | 4 | 0 | 4 |
| Inventory Days | 368 | 59 | ||||||||||
| Days Payable | 194 | 0 | ||||||||||
| Cash Conversion Cycle | 0 | 176 | 61 | 119 | 91 | 0 | 0 | 32 | 0 | 4 | 0 | 4 |
| Working Capital Days | 446 | 283 | 36 | 493 | 744 | 792 | 534 | 4,750 | 64 | 44 | 5 | -30 |
| ROCE % | 3% | 3% | 23% | 28% | 8% | 10% | 5% | -8% | 12% | 23% | 5% | 22% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov - Newspaper Publication of an Un Audited Standalone & Consolidated Financials of the Company.
-
Announcement under Regulation 30 (LODR)-Change in Management
12 Nov - Appointment of Mr. Rohit Kothari as Additional Non-Executive Director.
- Un-Audited Standalone & Consolidated Financial Results Of The Company For The Quarter And Half Year Ended 30Th September, 2024 & Limited Review Report For The Same. 12 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 12Th November, 2024
12 Nov - Approval of financial results and director appointment.
-
Board Meeting Intimation for Forthcoming Meeting Of Board Scheduled To Be Held On Tuesday, 12Th November, 2024.
5 Nov - Board meeting scheduled for financial results approval.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2][3]
SCIL is a Systemically Important Non
deposit-taking Non-Banking Financial
Company registered with RBI under the category of Investment and Credit Company.
It is in the business of investment in shares
and securities and lending activities. Company is identified for categorization as NBFC -Middle Layer under Scale Based Regulation, as the asset size of the company together with other NBFCs in a group is 1000+ crores.