Surbhi Industries Ltd
₹ 4.42
4.99%
15 Apr 2024
About
Incorporated in 1992, Surbhi Industries Ltd manufactures Fabric and Yarn (Textile)
Key Points
- Market Cap ₹ 1.52 Cr.
- Current Price ₹ 4.42
- High / Low ₹ 4.42 / 2.74
- Stock P/E
- Book Value ₹ 40.2
- Dividend Yield 0.00 %
- ROCE 0.28 %
- ROE -11.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.11 times its book value
- Debtor days have improved from 52.3 to 36.9 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.64% over past five years.
- Company has a low return on equity of -0.83% over last 3 years.
- Earnings include an other income of Rs.2.12 Cr.
* 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: Textiles Industry: Textiles - Processing
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Quarterly Results
Figures in Rs. Crores
Upcoming result date: 2 August 2024
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
18.41 | 35.32 | 41.34 | 30.77 | 20.80 | 19.80 | 19.43 | 28.76 | 18.03 | 28.61 | 27.07 | 17.89 | |
17.67 | 31.27 | 34.30 | 24.21 | 16.99 | 16.81 | 16.55 | 22.77 | 13.26 | 22.96 | 23.55 | 17.36 | |
Operating Profit | 0.74 | 4.05 | 7.04 | 6.56 | 3.81 | 2.99 | 2.88 | 5.99 | 4.77 | 5.65 | 3.52 | 0.53 |
OPM % | 4.02% | 11.47% | 17.03% | 21.32% | 18.32% | 15.10% | 14.82% | 20.83% | 26.46% | 19.75% | 13.00% | 2.96% |
0.70 | 1.44 | 1.96 | 1.76 | 3.78 | 1.35 | 1.56 | 1.35 | 1.02 | 1.09 | 1.55 | 2.12 | |
Interest | 0.48 | 1.56 | 2.25 | 2.26 | 2.41 | 1.47 | 1.40 | 0.94 | 0.48 | 1.08 | 1.50 | 1.69 |
Depreciation | 0.74 | 1.88 | 2.80 | 3.87 | 4.42 | 4.51 | 4.35 | 3.30 | 2.95 | 3.72 | 3.48 | 2.57 |
Profit before tax | 0.22 | 2.05 | 3.95 | 2.19 | 0.76 | -1.64 | -1.31 | 3.10 | 2.36 | 1.94 | 0.09 | -1.61 |
Tax % | -27.27% | 27.32% | 28.61% | 26.94% | 3.95% | -45.73% | -48.09% | 9.68% | 34.32% | 42.78% | 0.00% | 0.00% |
0.28 | 1.50 | 2.83 | 1.60 | 0.72 | -0.90 | -0.68 | 2.80 | 1.55 | 1.11 | 0.09 | -1.60 | |
EPS in Rs | 0.81 | 4.36 | 8.23 | 4.65 | 2.09 | -2.62 | -1.98 | 8.15 | 4.51 | 3.23 | 0.26 | -4.65 |
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: | -2% |
3 Years: | 0% |
TTM: | -34% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -1555% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 35% |
1 Year: | 69% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | -1% |
Last Year: | -11% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 |
Reserves | 2.06 | 4.42 | 7.25 | 8.85 | 9.57 | 8.68 | 8.00 | 10.80 | 12.45 | 13.58 | 11.81 | 10.37 |
2.92 | 10.08 | 13.96 | 17.83 | 16.57 | 12.93 | 9.79 | 5.72 | 4.23 | 16.13 | 15.97 | 12.47 | |
2.23 | 3.73 | 6.13 | 8.07 | 1.66 | 0.91 | 1.24 | 1.71 | 1.26 | 1.16 | 4.01 | 5.27 | |
Total Liabilities | 10.64 | 21.66 | 30.77 | 38.18 | 31.23 | 25.96 | 22.47 | 21.67 | 21.38 | 34.31 | 35.23 | 31.55 |
4.81 | 11.78 | 20.60 | 26.56 | 20.63 | 16.38 | 12.11 | 8.84 | 7.46 | 15.47 | 18.87 | 18.52 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.00 | 0.00 |
Investments | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 |
5.61 | 9.66 | 9.95 | 11.40 | 10.38 | 9.36 | 10.14 | 12.61 | 13.56 | 18.62 | 16.14 | 12.81 | |
Total Assets | 10.64 | 21.66 | 30.77 | 38.18 | 31.23 | 25.96 | 22.47 | 21.67 | 21.38 | 34.31 | 35.23 | 31.55 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.59 | 4.09 | 6.80 | 6.92 | 6.96 | 4.21 | 3.70 | 4.60 | 3.36 | 1.27 | 7.46 | 5.16 | |
-0.21 | -1.52 | -11.45 | -9.73 | 0.95 | 0.90 | 0.32 | 0.46 | -1.40 | -11.42 | -6.77 | -2.07 | |
-1.37 | -2.59 | 4.67 | 2.82 | -7.92 | -5.11 | -4.02 | -5.01 | -1.97 | 10.60 | -1.20 | -3.08 | |
Net Cash Flow | 0.01 | -0.02 | 0.02 | 0.00 | 0.00 | 0.01 | 0.00 | 0.04 | -0.01 | 0.46 | -0.51 | 0.00 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 37.67 | 56.53 | 50.94 | 50.06 | 56.33 | 81.11 | 87.73 | 91.25 | 106.48 | 64.68 | 55.28 | 36.93 |
Inventory Days | 73.05 | 28.28 | 20.28 | 85.21 | 89.91 | 39.61 | 37.67 | 22.96 | 109.76 | 66.52 | 159.46 | 210.10 |
Days Payable | 41.13 | 36.69 | 19.14 | 45.04 | 5.66 | 5.97 | 25.33 | 17.39 | 45.56 | 16.33 | 14.24 | 38.14 |
Cash Conversion Cycle | 69.60 | 48.12 | 52.09 | 90.23 | 140.58 | 114.75 | 100.07 | 96.82 | 170.68 | 114.87 | 200.51 | 208.89 |
Working Capital Days | 75.14 | 31.62 | 26.22 | 29.30 | 100.73 | 108.76 | 112.52 | 96.07 | 185.84 | 171.46 | 148.32 | 170.36 |
ROCE % | 8.38% | 28.71% | 16.26% | 10.62% | -0.51% | 0.39% | 19.62% | 14.17% | 11.26% | 5.00% | 0.28% |
Documents
Announcements
- Board Meeting Intimation for Approval The Un-Audited Financial Results Of The Company For The Quarter Ended 30.06.2024. 2d
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Confirmation certificate received from RTA in compliance with the Regulation 74(5) of the SEBI (DP) Regulation, 2018 for the quarter ended 30.06.2024
- Compliance-57 (5) : intimation after the end of quarter 2 Jul
- Closure of Trading Window 27 Jun
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
24 May - Non-applicability of annual secretarial compliance report for the year ended on 31.03.2024
Annual reports
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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 2011
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Financial Year 2010
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Financial Year 2008
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Financial Year 2003
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Financial Year 2000
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Financial Year 1999
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Business Overview:[1]
Company is a part of the Surbhi Group which consists of other entities viz., Surbhi Textile Mills Private Limited. Company's manufacturing facility is located at Surat and it sells its products under the brand name ‘Surbhi’.