Simran Farms Ltd
Incorporated in 1984, Simran Farms Ltd is
in the business of poultry farming and allied activities
- Market Cap ₹ 78.8 Cr.
- Current Price ₹ 208
- High / Low ₹ 270 / 106
- Stock P/E 9.27
- Book Value ₹ 82.0
- Dividend Yield 0.00 %
- ROCE 3.95 %
- ROE 1.23 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 2.53 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.75% over past five years.
- Promoter holding is low: 37.3%
- Company might be capitalizing the interest cost
* 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: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
282 | 360 | 444 | 447 | 410 | 341 | 320 | 281 | 322 | 394 | 367 | 486 | 557 | |
284 | 356 | 438 | 440 | 401 | 330 | 310 | 307 | 297 | 382 | 360 | 484 | 545 | |
Operating Profit | -2 | 4 | 6 | 7 | 9 | 11 | 10 | -26 | 25 | 11 | 7 | 2 | 12 |
OPM % | -1% | 1% | 1% | 2% | 2% | 3% | 3% | -9% | 8% | 3% | 2% | 0% | 2% |
1 | -0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 3 | 1 | 2 | 2 | |
Interest | 1 | 1 | 3 | 5 | 6 | 3 | 2 | 1 | 2 | 2 | 2 | 2 | 1 |
Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | -3 | 1 | 1 | 0 | 2 | 5 | 6 | -29 | 22 | 10 | 3 | 1 | 11 |
Tax % | 2% | 27% | -51% | -53% | 35% | 26% | 34% | -26% | 42% | -3% | -3% | 37% | |
-3 | 1 | 1 | 1 | 1 | 4 | 4 | -22 | 13 | 10 | 4 | 0 | 9 | |
EPS in Rs | -7.41 | 1.98 | 2.56 | 1.77 | 2.58 | 10.60 | 10.73 | -56.73 | 33.18 | 27.14 | 9.44 | 1.00 | 22.42 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 9% |
3 Years: | 15% |
TTM: | 47% |
Compounded Profit Growth | |
---|---|
10 Years: | -7% |
5 Years: | -38% |
3 Years: | -69% |
TTM: | 128% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 25% |
3 Years: | 23% |
1 Year: | 66% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 2% |
3 Years: | 14% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | 11 | 12 | 12 | 13 | 14 | 18 | 22 | 1 | 13 | 24 | 27 | 27 |
1 | 12 | 29 | 49 | 39 | 35 | 29 | 29 | 28 | 28 | 30 | 35 | |
54 | 61 | 85 | 80 | 61 | 40 | 48 | 58 | 47 | 47 | 56 | 73 | |
Total Liabilities | 69 | 88 | 129 | 146 | 118 | 96 | 103 | 92 | 92 | 102 | 117 | 139 |
13 | 16 | 17 | 20 | 19 | 23 | 22 | 21 | 20 | 21 | 23 | 23 | |
CWIP | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
56 | 72 | 110 | 126 | 99 | 73 | 81 | 70 | 71 | 81 | 93 | 116 | |
Total Assets | 69 | 88 | 129 | 146 | 118 | 96 | 103 | 92 | 92 | 102 | 117 | 139 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | 3 | -13 | -17 | 4 | 10 | 16 | -7 | 11 | -2 | -7 | 8 | |
-2 | -4 | -5 | -3 | -1 | -6 | -1 | -2 | -1 | -0 | -4 | -1 | |
-0 | -0 | 20 | 19 | -4 | -1 | 0 | 0 | -2 | -0 | 0 | -1 | |
Net Cash Flow | 2 | -1 | 2 | -1 | -1 | 3 | 15 | -9 | 8 | -3 | -10 | 6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 9 | 13 | 17 | 17 | 9 | 9 | 11 | 13 | 9 | 8 | 10 | 10 |
Inventory Days | 66 | 69 | 83 | 96 | 91 | 75 | 69 | 56 | 57 | 56 | 88 | 76 |
Days Payable | 68 | 69 | 80 | 75 | 63 | 45 | 60 | 76 | 58 | 46 | 60 | 60 |
Cash Conversion Cycle | 7 | 12 | 20 | 38 | 37 | 40 | 20 | -7 | 9 | 18 | 37 | 26 |
Working Capital Days | 2 | 6 | 18 | 35 | 32 | 32 | 16 | -7 | 5 | 14 | 28 | 21 |
ROCE % | -13% | 11% | 11% | 9% | 12% | 16% | 14% | -63% | 59% | 18% | 9% | 4% |
Documents
Announcements
-
Closure of Trading Window
26 Sep - Closure of trading window for financial results.
-
Announcement under Regulation 30 (LODR)-Issue of Securities
13 Sep - Consent for issuance of 10,18,300 convertible warrants.
-
Announcement under Regulation 30 (LODR)-Change in Management
13 Sep - Re-appointment of Managing Director and Whole-time Director.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 13 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 12 Sep
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Business Overview:[1][2][3]
Company does integration and consolidation of poultry products and caters to poultry and its allied sectors. It is mainly focused on integration/contract farming with poultry farmers and consolidation of poultry activities and has also arranged its own manufacturing set-up for production of poultry feeds. Company's parent poultry breeding farms are located near Indore in Madhya Pradesh and hatcheries and contract rearing farms are located in Madhya Pradesh, Chhattisgarh, Punjab, Gujarat, Rajasthan, Jammu & Maharashtra. At present, major part of company’s revenue is generated from selling broilers. Company supplies its products to wholesalers & retailers located in various states