Salguti Industries Ltd

Salguti Industries Ltd

₹ 41.8 -0.12%
23 Dec - close price
About

Incorporated in 1984, Salguti Industries Ltd manufactures HDPE/PP Woven sacks for packing of Fertilizers & Cement[1]

Key Points

Business Divisions:[1][2]
a) Plastic Division: SIL is having 2 Plastic units which manufacture HDPE/PP woven sacks to serve the Fertilizers, Sugar, Cement and Food Grain Industries as a supplier in Telengana/ Andhra Pradesh
b) Textiles Division: Company diversified into Textiles Industry by setting up a weaving division and started manufacturing cotton grey fabric for garments, bed linen and furnishings. Company exited the textile business in Q3 FY18

  • Market Cap 31.5 Cr.
  • Current Price 41.8
  • High / Low 42.2 / 32.5
  • Stock P/E
  • Book Value 11.8
  • Dividend Yield 0.00 %
  • ROCE 6.01 %
  • ROE -1.34 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.55 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.58% over past five years.
  • Company has a low return on equity of -1.00% over last 3 years.

* 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: Packaging Industry: Packaging

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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
29.40 26.12 23.80 29.07 24.47 25.73 21.93 24.22 20.47 21.12 20.79 17.93 20.51
28.02 25.14 22.63 27.76 23.34 24.47 21.12 22.90 19.37 20.19 20.03 16.66 19.72
Operating Profit 1.38 0.98 1.17 1.31 1.13 1.26 0.81 1.32 1.10 0.93 0.76 1.27 0.79
OPM % 4.69% 3.75% 4.92% 4.51% 4.62% 4.90% 3.69% 5.45% 5.37% 4.40% 3.66% 7.08% 3.85%
0.10 0.03 0.31 0.09 0.13 0.02 0.15 0.08 0.00 0.12 0.14 0.01 0.02
Interest 0.94 0.65 0.88 0.89 0.73 0.78 0.48 0.89 0.51 0.65 0.69 0.76 0.50
Depreciation 0.47 0.48 0.50 0.49 0.51 0.48 0.50 0.54 0.52 0.54 0.53 0.51 0.29
Profit before tax 0.07 -0.12 0.10 0.02 0.02 0.02 -0.02 -0.03 0.07 -0.14 -0.32 0.01 0.02
Tax % -114.29% -50.00% 490.00% 250.00% -200.00% -1,150.00% 1,300.00% -333.33% -14.29% -78.57% -40.62% -1,300.00% 150.00%
0.15 -0.05 -0.39 -0.02 0.07 0.25 -0.28 0.07 0.08 -0.03 -0.19 0.14 0.00
EPS in Rs 0.20 -0.07 -0.52 -0.03 0.09 0.33 -0.37 0.09 0.11 -0.04 -0.25 0.19 0.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
110.05 122.77 124.95 116.46 85.27 81.27 84.12 80.98 79.59 111.44 101.20 86.60 80.35
100.90 112.93 114.84 106.85 78.08 78.25 79.05 74.97 73.88 106.45 96.47 82.35 76.60
Operating Profit 9.15 9.84 10.11 9.61 7.19 3.02 5.07 6.01 5.71 4.99 4.73 4.25 3.75
OPM % 8.31% 8.01% 8.09% 8.25% 8.43% 3.72% 6.03% 7.42% 7.17% 4.48% 4.67% 4.91% 4.67%
0.08 0.07 0.09 0.20 0.09 0.04 0.07 0.26 0.30 0.44 0.39 0.34 0.29
Interest 7.15 7.54 6.90 6.96 4.95 5.77 4.17 4.37 4.01 3.40 3.10 2.88 2.60
Depreciation 2.54 2.71 3.27 3.33 2.15 1.81 1.78 1.78 1.85 1.93 1.97 2.13 1.87
Profit before tax -0.46 -0.34 0.03 -0.48 0.18 -4.52 -0.81 0.12 0.15 0.10 0.05 -0.42 -0.43
Tax % 106.52% 111.76% -866.67% -16.67% 177.78% -75.88% -113.58% 566.67% 20.00% 260.00% 80.00% -71.43%
-0.95 -0.71 0.30 -0.40 -0.14 -1.09 0.12 -0.55 0.12 -0.16 0.01 -0.12 -0.08
EPS in Rs -1.26 -0.94 0.40 -0.53 -0.19 -1.45 0.16 -0.73 0.16 -0.21 0.01 -0.16 -0.10
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: -3%
5 Years: 1%
3 Years: 3%
TTM: -13%
Compounded Profit Growth
10 Years: 6%
5 Years: %
3 Years: %
TTM: -167%
Stock Price CAGR
10 Years: 18%
5 Years: 26%
3 Years: 31%
1 Year: 21%
Return on Equity
10 Years: -2%
5 Years: -2%
3 Years: -1%
Last Year: -1%

Balance Sheet

Figures in Rs. Crores

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 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54
Reserves 5.10 4.39 3.58 3.18 3.04 1.95 2.07 1.51 1.63 1.47 1.48 1.36 1.33
58.57 62.40 58.69 56.54 51.62 34.64 37.42 37.22 38.59 37.53 31.61 32.28 30.19
12.87 13.58 17.90 22.43 20.02 11.98 11.29 16.35 13.37 17.02 16.55 16.48 16.79
Total Liabilities 84.08 87.91 87.71 89.69 82.22 56.11 58.32 62.62 61.13 63.56 57.18 57.66 55.85
40.23 38.13 34.36 31.40 25.65 11.23 10.32 9.27 8.60 7.40 5.81 5.20 4.40
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 0.00
Investments 0.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.03 0.03 0.03 0.03
43.69 49.78 53.35 58.29 56.57 44.88 48.00 53.35 52.50 56.13 51.34 52.43 51.42
Total Assets 84.08 87.91 87.71 89.69 82.22 56.11 58.32 62.62 61.13 63.56 57.18 57.66 55.85

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
8.67 6.54 13.25 0.00 0.00 7.00 -0.12 3.43 4.77 4.98 -6.04 3.87
-6.59 -1.00 -0.64 0.00 0.00 11.31 -1.88 -0.63 -0.98 -0.43 0.21 -1.70
-2.08 -5.63 -12.56 0.00 0.00 -18.09 1.77 -2.69 -3.89 -4.56 -9.06 -2.06
Net Cash Flow 0.00 -0.09 0.05 0.00 0.00 0.22 -0.24 0.11 -0.10 -0.01 -14.89 0.12

Ratios

Figures in Rs. Crores

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 63.38 55.45 60.35 66.60 72.34 80.98 91.47 108.94 74.66 76.74 83.06 87.37
Inventory Days 81.82 95.47 91.66 89.93 153.05 117.65 95.08 112.55 148.71 104.14 97.79 129.86
Days Payable 33.66 30.98 47.12 69.16 100.12 65.06 58.01 89.74 72.20 61.56 65.47 89.30
Cash Conversion Cycle 111.53 119.94 104.89 87.37 125.28 133.57 128.54 131.75 151.17 119.31 115.38 127.93
Working Capital Days 96.81 97.81 90.44 99.54 145.97 128.94 139.59 154.51 167.07 119.12 115.34 134.70
ROCE % 9.89% 9.89% 9.62% 9.46% 7.93% 2.35% 7.37% 9.62% 8.85% 7.42% 7.23% 6.01%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07%
3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32%
29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62%
No. of Shareholders 3,1823,1913,2013,2033,2113,2083,2063,2113,2113,2113,2073,210

* 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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