Sharat Industries Ltd
Incorporated in 1990, Sharat Industries
Ltd is in the business of Shrimp Aquaculture
and manufactures & sells shrimp feeds[1]
- Market Cap ₹ 126 Cr.
- Current Price ₹ 52.7
- High / Low ₹ 64.9 / 32.6
- Stock P/E 15.6
- Book Value ₹ 26.0
- Dividend Yield 0.47 %
- ROCE 9.99 %
- ROE 7.22 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 4.63% over last quarter.
Cons
- The company has delivered a poor sales growth of 9.39% over past five years.
- Company has a low return on equity of 7.23% over last 3 years.
- Promoter holding has decreased over last 3 years: -8.51%
* 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: Miscellaneous Industry: Aquaculture
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
59 | 137 | 199 | 145 | 158 | 147 | 193 | 199 | 250 | 246 | 332 | 302 | 316 | |
54 | 131 | 189 | 136 | 152 | 140 | 181 | 187 | 239 | 233 | 313 | 281 | 291 | |
Operating Profit | 5 | 7 | 10 | 9 | 6 | 8 | 12 | 12 | 11 | 14 | 19 | 21 | 25 |
OPM % | 8% | 5% | 5% | 7% | 4% | 5% | 6% | 6% | 5% | 6% | 6% | 7% | 8% |
1 | 1 | 2 | 2 | 4 | 1 | 1 | 2 | 2 | 1 | 3 | 1 | 0 | |
Interest | 0 | 1 | 2 | 4 | 5 | 4 | 6 | 8 | 6 | 6 | 9 | 10 | 10 |
Depreciation | 3 | 3 | 5 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 5 | 5 |
Profit before tax | 2 | 4 | 4 | 3 | 3 | 2 | 4 | 3 | 4 | 5 | 9 | 8 | 11 |
Tax % | 33% | 35% | 34% | 34% | 34% | 31% | 18% | 31% | 34% | 23% | 28% | 23% | |
2 | 3 | 3 | 2 | 2 | 1 | 3 | 2 | 3 | 3 | 7 | 6 | 8 | |
EPS in Rs | 0.42 | 0.71 | 0.71 | 0.58 | 0.47 | 0.29 | 0.80 | 0.49 | 0.71 | 0.88 | 1.66 | 1.49 | 2.03 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 6% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 15% |
3 Years: | 32% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 7% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 7% |
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 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 24 | 24 | 24 | 24 |
Reserves | 18 | 21 | 23 | 25 | 27 | 28 | 31 | 33 | 35 | 46 | 55 | 60 | 79 |
0 | 11 | 30 | 39 | 30 | 43 | 55 | 58 | 82 | 89 | 89 | 96 | 108 | |
16 | 17 | 26 | 17 | 17 | 17 | 34 | 40 | 42 | 27 | 30 | 24 | 23 | |
Total Liabilities | 56 | 71 | 101 | 103 | 96 | 110 | 142 | 152 | 181 | 186 | 198 | 204 | 234 |
27 | 29 | 34 | 36 | 36 | 37 | 43 | 42 | 42 | 46 | 49 | 46 | 45 | |
CWIP | 3 | 4 | 0 | 0 | 0 | 1 | 0 | 2 | 2 | 3 | 1 | 2 | 2 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
26 | 38 | 67 | 67 | 60 | 72 | 98 | 109 | 137 | 138 | 147 | 156 | 188 | |
Total Assets | 56 | 71 | 101 | 103 | 96 | 110 | 142 | 152 | 181 | 186 | 198 | 204 | 234 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 7 | -2 | -2 | 7 | -3 | -3 | 7 | -11 | 2 | 17 | -2 | |
-2 | -10 | -8 | -8 | 0 | -4 | -9 | -3 | -6 | -8 | -6 | -2 | |
-0 | -1 | 16 | 5 | -8 | 3 | 13 | -5 | 17 | 9 | -7 | -4 | |
Net Cash Flow | 3 | -3 | 7 | -4 | -1 | -3 | 1 | -0 | 0 | 3 | 4 | -7 |
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 | 75 | 59 | 26 | 44 | 30 | 57 | 79 | 71 | 61 | 84 | 62 | 68 |
Inventory Days | 39 | 24 | 90 | 128 | 105 | 115 | 103 | 136 | 122 | 114 | 82 | 106 |
Days Payable | 95 | 55 | 57 | 44 | 27 | 45 | 50 | 61 | 50 | 26 | 24 | 19 |
Cash Conversion Cycle | 18 | 28 | 60 | 128 | 107 | 128 | 132 | 146 | 133 | 172 | 120 | 155 |
Working Capital Days | 11 | 40 | 52 | 103 | 97 | 123 | 121 | 129 | 133 | 155 | 117 | 155 |
ROCE % | 6% | 10% | 13% | 9% | 9% | 7% | 9% | 9% | 8% | 7% | 11% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper Publication under Regulation 47 of the SEBI (LODR) Regulations, 2015
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Intimation Of Statement Of Deviation Or Variation Of Funds Raised Through Rights Issue
12 Nov - Confirmation of no deviation in Rights Issue fund utilization.
- Results-Financial Results For 30Th September 2024 12 Nov
-
Board Meeting Outcome for Board Meeting Outcome
12 Nov - Approved unaudited financial results for Q2 FY2024.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 6 Nov
Annual reports
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Financial Year 2024
from bse
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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 2009
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Financial Year 2008
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Financial Year 2007
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Financial Year 2006
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Financial Year 2005
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Business Overview:[1]
SIL is a vertically integrated aquaculture company with operations across shrimp, hatchery, farming, shrimp feed manufacturing, shrimp processing and cold storage. Co started with Black Tiger and Scampi shrimps and then became a pioneer of Vannamei (white shrimp) culture in India. At present, company produces a wide range of raw and cooked frozen-shrimp and also sells shrimp feed