Shri Gang Industries & Allied Products Ltd

Shri Gang Industries & Allied Products Ltd

₹ 117 10.00%
21 Nov - close price
About

Shri Gang Industries and Allied Products Limited (‘earlier known as Suraj Vanaspati Limited’) is a BSE listed entity. The company has setup a Indian Made Foreign Liquor (IMFL) unit in the year 2020 at Sandila, Hardoi, Uttar Pradesh with Bottling capacity of 4 Million cases per annum and a 55 KLPD (Greenfield Project- Grain based) Distillery Unit in the year 2022. The Company has exclusive manufacturing tie- up with Diageo for manufacturing of their brands in the state of Uttar Pradesh. The Company is also selling Uttar Pradesh made Liquor (UPML) under its brand “Golden Cascade” and “Bulldozer”.

Key Points

Product Profile:[1]
Company sells Vanaspati and other edible oils under the brand name of APNA & Mr. Baker.

  • Market Cap 210 Cr.
  • Current Price 117
  • High / Low 147 / 58.8
  • Stock P/E 9.42
  • Book Value -5.35
  • Dividend Yield 0.00 %
  • ROCE 27.2 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 47.2% CAGR over last 5 years

Cons

  • Promoter holding is low: 36.2%

* 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.

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
19 21 23 22 28 41 49 78 70 67 51 80 97
17 19 20 19 25 36 40 65 62 61 48 73 75
Operating Profit 2 2 3 2 2 4 9 13 8 6 3 7 23
OPM % 10% 8% 13% 11% 9% 11% 18% 17% 11% 9% 6% 9% 23%
0 0 0 0 0 0 1 0 0 0 4 0 0
Interest 1 0 1 0 0 2 3 2 3 2 2 3 4
Depreciation 0 0 1 0 0 1 2 1 1 1 1 1 1
Profit before tax 1 1 2 2 2 2 5 10 4 2 4 3 18
Tax % 0% 0% 32% 0% 0% 0% -73% 26% -6% -9% 70% 25% 0%
1 1 1 2 2 2 8 7 4 2 1 2 18
EPS in Rs 1.78 1.56 1.77 1.95 0.93 0.85 4.70 4.07 2.21 1.34 0.64 1.31 10.05
Raw PDF

Profit & Loss

Figures in Rs. Crores

Jun 2010 Jun 2014 Jun 2015 Mar 2016 9m Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
81 0 0 0 1 13 4 0 32 80 139 266 295
91 0 0 0 2 15 6 1 33 72 121 236 256
Operating Profit -11 -0 -0 -0 -1 -2 -1 -1 -0 8 18 30 39
OPM % -13% -141% -15% -28% -12,300% -1% 10% 13% 11% 13%
5 0 0 -0 -1 -0 0 0 0 1 1 5 5
Interest 0 0 0 0 0 2 2 2 2 2 5 10 11
Depreciation 1 0 0 0 0 0 0 0 1 2 3 5 5
Profit before tax -7 -0 0 -1 -3 -5 -3 -4 -4 5 10 20 27
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 12% -37% 24%
-7 -0 0 -1 -3 -5 -3 -4 -4 5 13 15 24
EPS in Rs -8.55 -0.47 0.06 -0.79 -3.51 -6.07 -3.22 -4.55 -4.45 5.95 7.34 8.25 13.34
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 127%
3 Years: 102%
TTM: 24%
Compounded Profit Growth
10 Years: %
5 Years: 47%
3 Years: 74%
TTM: 5%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -3%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Jun 2010 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 8 8 8 8 8 8 8 8 8 8 18 18 18
Reserves -61 -63 -63 -64 -67 -71 -74 -77 -81 -76 -63 -48 -28
44 8 8 8 20 38 69 81 92 121 130 133 99
18 53 53 53 52 53 40 45 53 69 83 60 61
Total Liabilities 8 6 6 6 13 27 43 57 72 121 168 163 151
6 4 4 4 3 19 19 20 53 47 123 125 126
CWIP 0 0 0 0 0 0 10 18 0 53 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
3 2 2 2 9 8 13 19 19 21 45 38 25
Total Assets 8 6 6 6 13 27 43 57 72 121 168 163 151

Cash Flows

Figures in Rs. Crores

Jun 2010 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 0 0 -51 -6 6 12 2 9 13 14
0 0 0 -0 -17 -17 -13 -13 -48 -26 -7
0 0 0 51 23 11 1 12 38 13 -7
Net Cash Flow -0 0 0 0 0 -0 0 0 0 0 1

Ratios

Figures in Rs. Crores

Jun 2010 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 2 48 20 0 0 1 0 8 4
Inventory Days 7 670 28 12 48 28 90 48
Days Payable 70 6,968 104 285 203 42 108 39
Cash Conversion Cycle -61 -6,250 -57 -272 0 -154 -14 -10 13
Working Capital Days -69 -4,957 -32 -640 -752,995 -257 -169 -89 -28
ROCE % -16% -9% 19% 22% 27%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
32.57% 32.58% 32.58% 37.55% 37.55% 37.55% 37.55% 37.55% 36.74% 36.49% 36.30% 36.23%
2.14% 2.14% 2.14% 0.85% 0.80% 0.75% 0.64% 0.63% 0.63% 0.63% 0.63% 0.63%
0.12% 0.12% 0.12% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
65.17% 65.16% 65.16% 61.62% 61.66% 61.69% 61.80% 61.82% 62.63% 62.88% 63.07% 63.15%
No. of Shareholders 11,95811,96011,95812,37812,58912,76112,73612,75113,58813,72813,76913,925

* 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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