Sarup Industries Ltd
Incorporated in 1979, Sarup Industries Ltd is a manufacturer of footwear including shoes and shoe uppers.
- Market Cap ₹ 13.5 Cr.
- Current Price ₹ 41.6
- High / Low ₹ 47.2 / 20.6
- Stock P/E
- Book Value ₹ -23.9
- Dividend Yield 0.00 %
- ROCE 1.39 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -10.1% over past five years.
- Promoters have pledged 28.9% of their holding.
- Company has high debtors of 299 days.
- Working capital days have increased from 559 days to 898 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.
Peer comparison
Sector: Leather Industry: Leather / Leather Products
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
43.80 | 59.39 | 69.52 | 49.12 | 49.66 | 43.90 | 19.66 | 20.66 | 9.94 | 12.13 | 9.14 | 11.57 | |
39.62 | 54.66 | 63.32 | 47.91 | 46.79 | 44.20 | 25.52 | 22.26 | 10.35 | 11.34 | 9.03 | 10.39 | |
Operating Profit | 4.18 | 4.73 | 6.20 | 1.21 | 2.87 | -0.30 | -5.86 | -1.60 | -0.41 | 0.79 | 0.11 | 1.18 |
OPM % | 9.54% | 7.96% | 8.92% | 2.46% | 5.78% | -0.68% | -29.81% | -7.74% | -4.12% | 6.51% | 1.20% | 10.20% |
0.18 | 0.09 | 0.25 | 0.14 | 1.46 | 1.34 | 0.42 | 0.11 | 0.07 | 0.13 | 0.56 | 0.04 | |
Interest | 1.93 | 1.88 | 2.09 | 2.13 | 2.06 | 2.43 | 2.61 | 2.84 | 2.96 | 2.16 | 2.26 | 2.06 |
Depreciation | 1.39 | 1.21 | 1.82 | 1.75 | 1.73 | 1.90 | 1.61 | 1.26 | 1.03 | 0.87 | 0.82 | 0.74 |
Profit before tax | 1.04 | 1.73 | 2.54 | -2.53 | 0.54 | -3.29 | -9.66 | -5.59 | -4.33 | -2.11 | -2.41 | -1.58 |
Tax % | 20.19% | 20.23% | 20.08% | 7.11% | 0.00% | 4.56% | 5.28% | 0.72% | -0.46% | -2.37% | -3.73% | -7.59% |
0.83 | 1.38 | 2.03 | -2.36 | 0.54 | -3.13 | -9.15 | -5.55 | -4.35 | -2.17 | -2.50 | -1.70 | |
EPS in Rs | 2.55 | 4.24 | 6.24 | -7.26 | 1.66 | -9.62 | -28.13 | -17.06 | -13.37 | -6.67 | -7.69 | -5.23 |
Dividend Payout % | 58.73% | 42.39% | 28.82% | 0.00% | 60.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -15% |
5 Years: | -10% |
3 Years: | 5% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 17% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | -1% |
5 Years: | 0% |
3 Years: | 19% |
1 Year: | 74% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
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 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 | 3.25 |
Reserves | 23.97 | 24.36 | 21.51 | 19.07 | 19.19 | 15.75 | 6.60 | 0.01 | -4.34 | -6.51 | -9.00 | -11.03 |
13.71 | 12.90 | 16.59 | 30.06 | 34.73 | 37.67 | 39.24 | 38.17 | 42.14 | 39.08 | 39.46 | 42.98 | |
13.30 | 16.95 | 22.87 | 21.76 | 20.79 | 17.80 | 26.04 | 30.68 | 29.97 | 29.84 | 30.31 | 30.25 | |
Total Liabilities | 54.23 | 57.46 | 64.22 | 74.14 | 77.96 | 74.47 | 75.13 | 72.11 | 71.02 | 65.66 | 64.02 | 65.45 |
12.41 | 12.46 | 17.09 | 15.05 | 15.07 | 13.39 | 11.86 | 10.74 | 9.74 | 9.15 | 8.33 | 7.02 | |
CWIP | 0.20 | 0.26 | 0.35 | 10.41 | 13.09 | 13.09 | 15.71 | 16.00 | 16.03 | 16.03 | 16.03 | 0.00 |
Investments | 0.43 | 0.43 | 0.43 | 0.43 | 0.71 | 0.71 | 0.40 | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 |
41.19 | 44.31 | 46.35 | 48.25 | 49.09 | 47.28 | 47.16 | 45.08 | 44.96 | 40.19 | 39.37 | 58.14 | |
Total Assets | 54.23 | 57.46 | 64.22 | 74.14 | 77.96 | 74.47 | 75.13 | 72.11 | 71.02 | 65.66 | 64.02 | 65.45 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.85 | 1.02 | 5.30 | -1.70 | 1.43 | 4.59 | 5.13 | -2.65 | -1.15 | 5.45 | 1.65 | 15.01 | |
-0.39 | -1.21 | -5.99 | -9.65 | -4.67 | -0.34 | -2.71 | -1.26 | -0.06 | -0.28 | 0.00 | -16.23 | |
1.53 | -3.08 | 1.17 | 10.97 | 2.85 | -4.06 | -2.44 | -2.68 | 1.10 | -5.12 | -1.84 | 1.55 | |
Net Cash Flow | 0.29 | -3.27 | 0.47 | -0.39 | -0.38 | 0.19 | -0.02 | -6.59 | -0.11 | 0.04 | -0.19 | 0.33 |
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 | 100.08 | 65.76 | 64.79 | 83.22 | 98.86 | 92.12 | 168.95 | 166.95 | 365.73 | 269.61 | 382.97 | 298.75 |
Inventory Days | 324.91 | 331.27 | 272.88 | 361.44 | 403.35 | 525.59 | 866.98 | 842.29 | 1,694.02 | 1,208.62 | 1,745.00 | 2,839.33 |
Days Payable | 107.61 | 125.76 | 83.26 | 131.29 | 152.95 | 136.33 | 314.02 | 397.16 | 791.71 | 670.35 | 1,097.14 | 1,013.67 |
Cash Conversion Cycle | 317.38 | 271.27 | 254.41 | 313.37 | 349.25 | 481.39 | 721.91 | 612.08 | 1,268.05 | 807.88 | 1,030.83 | 2,124.41 |
Working Capital Days | 210.25 | 171.35 | 140.66 | 207.99 | 231.60 | 257.66 | 424.60 | 286.21 | 636.00 | 369.51 | 410.53 | 897.52 |
ROCE % | 7.64% | 8.87% | 11.31% | -0.85% | 4.73% | -1.95% | -13.33% | -6.08% | -3.32% | 0.13% | -0.43% | 1.39% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Director
29 Jun - Took note of the resignation tendered by Mr. Gurendra Singh Bedi ( Din:- 02442047) form the post of Independent director of the Company w.e.f 28.06.2024
- Board Meeting Outcome for OUTCOME OF BOARD MEETING 29 Jun
- Closure of Trading Window 29 Jun
- Reg. 34 (1) Annual Report. 18 Jun
- 45Th Annual General Meeting Of The Company 15 Jun
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]
Company is in the business of leather, tanneries and developing new products with wide range of uppers, soles, tanneries and complete shoes. Company manufactures export quality shoes in Northern India and also a supplier of international brands.