Saraswati Commercial (India) Ltd
Incorporated in 1983, Saraswati Commercial (India) Ltd deals in shares and securities & lending[1]
- Market Cap ₹ 1,287 Cr.
- Current Price ₹ 12,500
- High / Low ₹ 27,775 / 4,893
- Stock P/E 13.0
- Book Value ₹ 8,349
- Dividend Yield 0.00 %
- ROCE 21.5 %
- ROE 18.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 72.8% CAGR over last 5 years
- Promoter holding has increased by 1.67% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.3% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 19 | 11 | 16 | 9 | 1 | 28 | 87 | 24 | 128 | 132 | |
| 1 | 3 | 2 | 2 | 14 | 2 | 2 | 3 | 3 | 5 | |
| Operating Profit | 18 | 8 | 14 | 8 | -13 | 26 | 85 | 21 | 125 | 127 |
| OPM % | 95% | 74% | 86% | 82% | -938% | 94% | 97% | 87% | 98% | 96% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 4 | 3 | 0 | 0 | 0 | 2 | 1 | 2 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 14 | 5 | 14 | 8 | -13 | 25 | 84 | 19 | 123 | 126 |
| Tax % | 0% | -2% | -17% | 10% | -26% | 14% | 22% | 39% | 16% | |
| 14 | 5 | 16 | 7 | -10 | 21 | 65 | 12 | 104 | 99 | |
| EPS in Rs | 159.46 | 67.44 | -96.01 | 213.11 | 630.35 | 113.51 | 1,008.84 | 958.83 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 69% |
| 3 Years: | 66% |
| TTM: | 64% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 73% |
| 3 Years: | 70% |
| TTM: | 54% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 138% |
| 3 Years: | 64% |
| 1 Year: | 116% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 13% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 35 | 115 | 128 | 135 | 156 | 278 | 426 | 437 | 696 | 859 |
| 42 | 8 | 32 | 0 | 10 | 5 | 28 | 22 | 0 | 5 | |
| 5 | 9 | 1 | 1 | 1 | 15 | 34 | 30 | 73 | 102 | |
| Total Liabilities | 82 | 133 | 162 | 137 | 168 | 299 | 488 | 490 | 770 | 967 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 51 | 97 | 119 | 117 | 137 | 292 | 474 | 489 | 762 | 880 |
| 32 | 36 | 42 | 20 | 31 | 7 | 14 | 2 | 8 | 88 | |
| Total Assets | 82 | 133 | 162 | 137 | 168 | 299 | 488 | 490 | 770 | 967 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| -16 | -23 | -6 | -16 | -18 | -5 | 50 | 27 | 33 | |
| 20 | 27 | 8 | 16 | 16 | 4 | -81 | -22 | -7 | |
| -4 | -3 | -3 | -0 | 9 | -7 | 33 | -7 | -24 | |
| Net Cash Flow | 0 | 2 | -1 | -0 | 7 | -7 | 2 | -2 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 119 | 91 | 0 | 0 | 32 | 0 | 4 | 0 | 4 |
| Inventory Days | |||||||||
| Days Payable | |||||||||
| Cash Conversion Cycle | 119 | 91 | 0 | 0 | 32 | 0 | 4 | 0 | 4 |
| Working Capital Days | 495 | 746 | 792 | 530 | 4,748 | 64 | 44 | 5 | -30 |
| ROCE % | 8% | 10% | 5% | -8% | 12% | 23% | 5% | 21% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4h - Certificate under SEBI regulations for Q1 2025.
-
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
1d - Company confirms no large corporate criteria met.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
1d - Company confirms it is not a Large Corporate.
-
Closure of Trading Window
25 Mar - Closure of trading window until financial results are declared.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 21 Mar
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
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.