Shervani Industrial Syndicate Ltd

Shervani Industrial Syndicate Ltd

₹ 490 -1.60%
22 Nov - close price
About

Incorporated in 1948, Shervani Industrial Syndicate Ltd is in the business of Real Estate and Biscuit manufacturing on job work basis[1]

Key Points

Business Overview:[1]
SISL was engaged in manufacturing of Geep brand Torches & Drycell Batteries. It diversified its activities in the area of Real Estate. Company's maiden real estate project was Sterling Apartments at Prayagraj.

  • Market Cap 126 Cr.
  • Current Price 490
  • High / Low 800 / 469
  • Stock P/E 34.3
  • Book Value 499
  • Dividend Yield 0.00 %
  • ROCE 21.0 %
  • ROE 21.6 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.98 times its book value
  • Company is expected to give good quarter

Cons

  • Company has a low return on equity of 7.24% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.4.04 Cr.

* 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: Realty Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
0.65 0.15 2.97 0.92 15.09 2.05 3.50 72.25 29.17 11.85 24.54 9.60 18.47
1.79 1.22 2.97 1.65 10.57 2.62 3.52 52.14 21.94 9.71 24.43 9.52 16.49
Operating Profit -1.14 -1.07 0.00 -0.73 4.52 -0.57 -0.02 20.11 7.23 2.14 0.11 0.08 1.98
OPM % -175.38% -713.33% 0.00% -79.35% 29.95% -27.80% -0.57% 27.83% 24.79% 18.06% 0.45% 0.83% 10.72%
0.23 0.20 0.36 0.24 0.17 0.59 0.25 0.29 0.36 2.82 0.46 0.32 0.44
Interest 0.03 0.03 0.02 0.02 0.01 0.02 0.02 0.01 0.01 0.03 0.09 0.08 0.10
Depreciation 0.17 0.19 0.18 0.18 0.18 0.19 0.19 0.19 0.17 0.20 0.23 0.36 0.32
Profit before tax -1.11 -1.09 0.16 -0.69 4.50 -0.19 0.02 20.20 7.41 4.73 0.25 -0.04 2.00
Tax % 0.00% 0.00% -137.50% 0.00% 0.00% 0.00% 3,550.00% 0.00% 0.00% 0.00% 1,136.00% 0.00% 21.00%
-1.11 -1.09 0.38 -0.69 4.50 -0.19 -0.69 20.20 7.41 4.73 -2.59 -0.04 1.58
EPS in Rs -4.11 -4.04 1.41 -2.55 16.66 -0.70 -2.55 74.79 27.43 17.51 -9.59 -0.16 6.14
Raw PDF

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
8.60 -0.01 0.00 28.37 41.76 87.29 73.08 87.27 27.49 4.28 21.54 137.80 64.46
7.91 2.47 2.36 26.64 31.42 54.33 30.61 62.71 22.72 7.37 18.35 108.21 60.15
Operating Profit 0.69 -2.48 -2.36 1.73 10.34 32.96 42.47 24.56 4.77 -3.09 3.19 29.59 4.31
OPM % 8.02% 6.10% 24.76% 37.76% 58.11% 28.14% 17.35% -72.20% 14.81% 21.47% 6.69%
-23.46 1.65 1.84 0.17 5.18 1.42 -0.14 1.12 1.03 0.99 1.26 3.93 4.04
Interest 0.03 0.14 0.49 0.51 0.20 0.09 0.20 0.29 0.29 0.11 0.07 0.14 0.30
Depreciation 0.17 0.19 0.28 0.29 0.29 0.40 0.55 0.61 0.64 0.73 0.74 0.79 1.11
Profit before tax -22.97 -1.16 -1.29 1.10 15.03 33.89 41.58 24.78 4.87 -2.94 3.64 32.59 6.94
Tax % -1.74% 0.86% 0.78% 11.82% -0.07% 26.73% 19.89% 20.86% -44.35% -7.48% 19.51% 8.71%
-22.57 -1.17 -1.30 0.97 15.04 24.83 33.31 19.61 7.03 -2.72 2.93 29.75 3.68
EPS in Rs -69.23 -3.59 -3.99 2.98 46.13 79.69 106.90 72.60 26.03 -10.07 10.85 110.14 13.90
Dividend Payout % 0.00% -13.93% 0.00% 0.00% 0.00% 106.81% 0.00% 3.44% 9.60% -19.85% 23.04% 17.28%
Compounded Sales Growth
10 Years: %
5 Years: 14%
3 Years: 71%
TTM: -40%
Compounded Profit Growth
10 Years: 36%
5 Years: -4%
3 Years: 56%
TTM: -86%
Stock Price CAGR
10 Years: 15%
5 Years: -1%
3 Years: 27%
1 Year: -1%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 7%
Last Year: 22%

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 3.26 3.26 3.26 3.26 3.26 3.12 3.12 2.70 2.70 2.70 2.70 2.57 2.59
Reserves 188.23 186.87 185.46 185.64 195.51 172.07 150.60 130.87 130.90 127.20 122.10 131.20 125.71
0.18 5.94 10.68 7.92 1.01 6.82 7.20 5.41 3.59 10.32 0.50 31.44 37.13
6.33 5.46 9.66 7.32 11.78 49.88 70.12 30.51 47.16 78.18 117.15 42.85 45.36
Total Liabilities 198.00 201.53 209.06 204.14 211.56 231.89 231.04 169.49 184.35 218.40 242.45 208.06 210.79
4.92 5.36 6.21 6.05 5.93 7.77 8.63 7.89 8.03 9.69 9.18 13.83 13.52
CWIP 0.00 0.99 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.84 2.40
Investments 17.66 17.89 16.63 14.86 19.56 21.45 20.74 12.01 11.95 15.83 14.23 20.75 13.30
175.42 177.29 186.22 183.23 186.07 202.67 201.67 149.59 164.37 192.88 219.04 171.64 181.57
Total Assets 198.00 201.53 209.06 204.14 211.56 231.89 231.04 169.49 184.35 218.40 242.45 208.06 210.79

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
1.46 -7.25 -2.76 1.65 15.41 25.93 24.81 -12.95 5.24 0.86 6.41 -8.75
2.33 -0.24 2.71 1.09 -5.85 -25.87 8.78 26.28 -0.10 -5.37 -0.14 -11.20
-0.86 5.63 4.05 -3.27 -7.11 0.89 -31.05 -22.79 -2.79 5.95 -10.61 23.10
Net Cash Flow 2.93 -1.86 4.00 -0.53 2.45 0.95 2.54 -9.46 2.35 1.44 -4.34 3.15

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 16.98 0.00 151.04 205.57 0.00 11.74 2.26 21.11 122.80 39.65 3.21
Inventory Days 4,260.58 2,671.68 1,820.56 2,221.47 1,011.87
Days Payable 1.97 4.59 4.94 14.97 23.21
Cash Conversion Cycle 16.98 0.00 4,409.66 2,872.67 1,815.62 11.74 2,208.76 21.11 122.80 39.65 991.87
Working Capital Days 6,603.53 5,803,500.00 2,057.35 1,331.43 444.24 460.89 446.06 1,357.23 8,348.10 1,468.47 285.83
ROCE % 1.27% -0.66% -0.73% 1.26% 5.74% 17.81% 25.64% 16.71% 4.00% -2.05% 2.79% 21.00%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
60.12% 60.12% 60.12% 60.11% 60.11% 60.11% 60.11% 60.07% 62.11% 60.22% 62.07% 62.07%
39.88% 39.88% 39.88% 39.89% 39.89% 39.89% 39.89% 39.93% 37.90% 39.78% 37.92% 37.92%
No. of Shareholders 2,2112,1732,0352,0101,8621,8621,8012,3162,3602,9162,5402,456

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