IIRM Holdings India Ltd

IIRM Holdings India Ltd

₹ 111 1.99%
28 Aug 4:01 p.m.
About

Incorporated in 1992, Sudev Industries
Ltd does trading of Plastic Products[1]

Key Points

Business Overview:[1]
Company has its manufacturing facilities at Sikandrabad, Uttar Pradesh to manufacture Plastics, lkathene, Natural, and Synthetic Rubber molded Goods, Foams, etc. Also, the company had Foreign Technical Collaboration with M/s T&D Rotomoulding Division of Tanks and Drums Group of the U.K

  • Market Cap 754 Cr.
  • Current Price 111
  • High / Low 111 / 19.8
  • Stock P/E 542
  • Book Value 4.66
  • Dividend Yield 0.00 %
  • ROCE 6.23 %
  • ROE 4.83 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Debtor days have improved from 67.8 to 19.3 days.

Cons

  • Stock is trading at 23.7 times its book value
  • Working capital days have increased from 135 days to 382 days

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
0.00 0.00 0.00 0.00 0.00 0.30 0.30 0.25 0.30 0.31 1.01 0.08 1.00
0.00 0.01 0.04 0.10 0.12 0.27 0.37 0.22 0.27 0.25 0.13 0.07 0.11
Operating Profit 0.00 -0.01 -0.04 -0.10 -0.12 0.03 -0.07 0.03 0.03 0.06 0.88 0.01 0.89
OPM % 10.00% -23.33% 12.00% 10.00% 19.35% 87.13% 12.50% 89.00%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.00 -0.01 -0.04 -0.10 -0.12 0.03 -0.07 0.03 0.03 0.06 0.88 0.01 0.89
Tax % 0.00% 0.00% 110.00% 0.00% 0.00% 0.00% 0.00% 0.00% -16.67% 26.14% 0.00% 25.84%
0.00 -0.01 -0.04 -0.21 -0.12 0.03 -0.07 0.03 0.03 0.07 0.65 0.01 0.66
EPS in Rs 0.00 -0.01 -0.05 -0.25 -0.14 0.04 -0.08 0.04 0.04 0.08 0.77 0.00 0.10
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.00 0.00 0.00 0.02 0.06 0.13 0.00 0.00 0.00 0.00 0.91 1.70 2.40
1.17 0.04 0.04 0.03 0.05 0.14 0.07 0.03 0.02 0.15 0.73 0.72 0.56
Operating Profit -1.17 -0.04 -0.04 -0.01 0.01 -0.01 -0.07 -0.03 -0.02 -0.15 0.18 0.98 1.84
OPM % -50.00% 16.67% -7.69% 19.78% 57.65% 76.67%
1.22 0.00 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.05 -0.04 -0.01 -0.01 0.01 -0.01 -0.07 -0.03 -0.02 -0.15 0.18 0.98 1.84
Tax % 20.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 73.33% 22.22% 22.45%
0.04 -0.04 -0.01 -0.01 0.01 -0.01 -0.07 -0.03 -0.02 -0.26 0.15 0.76 1.39
EPS in Rs 0.05 -0.05 -0.01 -0.01 0.01 -0.01 -0.08 -0.04 -0.02 -0.31 0.18 0.11 0.95
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 109%
Compounded Profit Growth
10 Years: 55%
5 Years: 67%
3 Years: 242%
TTM: 6850%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 459%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3.50 3.50 3.50 3.50 3.50 3.50 3.50 3.50 3.50 3.50 2.79 34.07
Reserves -3.45 -3.48 -3.49 -3.50 -3.49 -3.50 -3.62 -3.65 -3.67 -3.93 -3.07 -2.31
0.33 0.33 0.33 0.33 0.33 0.33 0.36 0.36 0.36 0.36 0.00 0.00
0.06 0.05 0.06 0.07 0.09 0.10 0.19 0.22 0.24 0.46 0.62 0.14
Total Liabilities 0.44 0.40 0.40 0.40 0.43 0.43 0.43 0.43 0.43 0.39 0.34 31.90
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 29.86
0.44 0.40 0.40 0.40 0.43 0.43 0.43 0.43 0.43 0.39 0.34 2.04
Total Assets 0.44 0.40 0.40 0.40 0.43 0.43 0.43 0.43 0.43 0.39 0.34 31.90

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.69 -0.04 -0.02 0.00 0.03 0.02 -0.01 -0.01 0.00 0.00 -0.31 -1.30
1.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -29.87
-3.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.31 31.28
Net Cash Flow 0.04 -0.04 -0.02 0.00 0.03 0.02 -0.01 -0.01 0.00 0.00 0.00 0.12

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 365.00 121.67 0.00 116.32 19.32
Inventory Days 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 365.00 121.67 0.00 116.32 19.32
Working Capital Days 547.50 60.83 -56.15 -112.31 382.18
ROCE % 32.38% -10.96% -2.90% -2.99% 2.99% -2.99% -13.33% -10.00% -250.00% 6.23%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
31.05% 31.05% 31.05% 31.05% 31.04% 46.92% 46.92% 31.04% 64.87% 64.88% 60.85% 60.82%
7.02% 7.02% 7.02% 7.02% 7.02% 10.60% 10.60% 7.02% 7.02% 5.34% 0.66% 0.66%
61.94% 61.94% 61.94% 61.94% 61.94% 42.48% 42.48% 61.93% 28.12% 29.78% 38.49% 38.52%
No. of Shareholders 929929929929929873875871869201394406

* 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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