Sharat Industries Ltd

Sharat Industries Ltd

₹ 53.0 0.65%
22 Nov - close price
About

Incorporated in 1990, Sharat Industries
Ltd is in the business of Shrimp Aquaculture
and manufactures & sells shrimp feeds[1]

Key Points

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

  • Market Cap 127 Cr.
  • Current Price 53.0
  • High / Low 64.9 / 32.6
  • Stock P/E 15.7
  • Book Value 26.0
  • Dividend Yield 0.47 %
  • ROCE 10.0 %
  • ROE 7.22 %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 4.63% over last quarter.

Cons

  • 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2013 Dec 2013 Mar 2014 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
33.52 40.14 35.55 86.36 98.26 85.32 62.60 79.90 96.84 60.75 64.67 89.85 100.34
31.53 38.18 33.84 81.54 92.81 80.86 58.94 74.12 89.64 56.05 61.14 82.47 91.13
Operating Profit 1.99 1.96 1.71 4.82 5.45 4.46 3.66 5.78 7.20 4.70 3.53 7.38 9.21
OPM % 5.94% 4.88% 4.81% 5.58% 5.55% 5.23% 5.85% 7.23% 7.43% 7.74% 5.46% 8.21% 9.18%
0.00 0.00 0.00 1.45 0.13 1.53 0.36 0.17 0.42 0.09 -0.14 0.30 0.22
Interest 0.03 0.10 0.10 1.56 2.12 2.43 2.47 2.31 2.52 2.40 2.16 2.24 2.84
Depreciation 0.72 0.72 0.72 0.97 1.09 1.06 1.13 1.15 1.18 1.17 1.20 1.21 1.17
Profit before tax 1.24 1.14 0.89 3.74 2.37 2.50 0.42 2.49 3.92 1.22 0.03 4.23 5.42
Tax % 0.00% 0.00% 0.00% 27.81% 27.85% 28.00% 35.71% 27.71% 28.32% 25.41% -1,100.00% 27.90% 31.37%
1.24 1.14 0.89 2.70 1.71 1.81 0.28 1.80 2.81 0.91 0.36 3.06 3.73
EPS in Rs 0.34 0.31 0.25 0.68 0.43 0.46 0.07 0.46 0.71 0.23 0.09 0.77 0.94
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 TTM
246 332 302 316
233 313 281 291
Operating Profit 14 19 21 25
OPM % 6% 6% 7% 8%
1 3 1 0
Interest 6 9 10 10
Depreciation 4 4 5 5
Profit before tax 5 9 8 11
Tax % 23% 28% 23%
3 6 6 8
EPS in Rs 0.88 1.65 1.49 2.03
Dividend Payout % 0% 0% 102%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -3%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 20%
Stock Price CAGR
10 Years: %
5 Years: 23%
3 Years: 8%
1 Year: 23%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 24 24 24 24
Reserves 46 55 60 79
89 89 96 108
27 30 24 23
Total Liabilities 186 198 204 234
46 49 46 45
CWIP 3 1 2 2
Investments 0 0 0 0
138 147 156 188
Total Assets 186 198 204 234

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
2 17 -2
-8 -6 -2
9 -7 -4
Net Cash Flow 3 4 -7

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Debtor Days 84 62 68
Inventory Days 114 82 106
Days Payable 26 24 19
Cash Conversion Cycle 172 120 155
Working Capital Days 155 117 155
ROCE % 11% 10%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
45.27% 38.91% 38.95% 38.95% 38.95% 38.95% 38.95% 38.95% 38.95% 38.95% 38.95% 43.58%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.23%
0.39% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.36% 0.22%
54.33% 60.73% 60.69% 60.69% 60.69% 60.68% 60.69% 60.68% 60.68% 60.69% 60.69% 55.97%
No. of Shareholders 37,02037,12137,06137,06636,99836,94936,87136,88037,02337,37737,36238,234

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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