Shiva Global Agro Industries Ltd

Shiva Global Agro Industries Ltd

₹ 39.6 -0.43%
21 Feb - close price
About

Incorporated in 1993, Shiva Global Agro Ltd manufactures and trades fertilizers and also trades in other agricultural commodities[1]

Key Points

Business Overview:[1][2][3]
SGAL manufactures fertilizers, soil and crop health products, Oil, de-oiled cakes, etc. under the brand name TRISHUL, VARDAN and BHUMATA. It is the biggest NPK Mixture product supplier in Karnataka and its Water Soluble Fertilizers are sold in 3 states, whereas de-oil cake produced by the company caters not only to the local poultry feed market but has also to an export market in several Asian countries. SGAL also trades in other agricultural commodities viz. turmeric, chana, tur, etc. in smaller proportions.

  • Market Cap 39.6 Cr.
  • Current Price 39.6
  • High / Low 63.8 / 34.5
  • Stock P/E
  • Book Value 59.9
  • Dividend Yield 0.00 %
  • ROCE -8.22 %
  • ROE -13.9 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.66 times its book value
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.63% over past five years.
  • Company has a low return on equity of 3.58% 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: Fertilizers Industry: Fertilizers

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
33.06 80.29 55.31 55.95 27.81 40.49 31.79 24.91 3.33 20.40 22.35 14.39 18.38
30.72 73.03 50.57 53.43 25.57 38.04 29.16 27.92 10.83 20.35 25.08 14.83 18.79
Operating Profit 2.34 7.26 4.74 2.52 2.24 2.45 2.63 -3.01 -7.50 0.05 -2.73 -0.44 -0.41
OPM % 7.08% 9.04% 8.57% 4.50% 8.05% 6.05% 8.27% -12.08% -225.23% 0.25% -12.21% -3.06% -2.23%
0.10 0.18 0.07 0.10 0.02 0.13 0.05 0.14 0.10 0.20 0.05 0.06 8.98
Interest 0.88 0.85 1.05 0.78 1.24 1.18 1.26 1.17 0.97 0.84 0.41 1.08 0.72
Depreciation 0.25 0.32 0.27 0.27 0.27 0.41 0.30 0.30 0.30 0.29 0.28 0.28 0.28
Profit before tax 1.31 6.27 3.49 1.57 0.75 0.99 1.12 -4.34 -8.67 -0.88 -3.37 -1.74 7.57
Tax % 24.43% 24.88% 25.21% 25.48% 25.33% 31.31% 25.89% -6.68% 0.00% -347.73% 0.00% 0.00% 0.00%
0.98 4.71 2.61 1.18 0.56 0.68 0.82 -4.05 -8.67 2.18 -3.36 -1.74 7.57
EPS in Rs 0.98 4.71 2.61 1.18 0.56 0.68 0.82 -4.05 -8.68 2.18 -3.36 -1.74 7.58
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
103.23 85.93 107.87 106.77 86.04 76.16 113.30 92.85 175.14 204.98 179.56 80.42 75.52
93.45 76.77 99.52 99.40 79.26 67.97 104.42 86.15 167.60 184.73 167.62 88.25 79.05
Operating Profit 9.78 9.16 8.35 7.37 6.78 8.19 8.88 6.70 7.54 20.25 11.94 -7.83 -3.53
OPM % 9.47% 10.66% 7.74% 6.90% 7.88% 10.75% 7.84% 7.22% 4.31% 9.88% 6.65% -9.74% -4.67%
0.36 0.60 0.50 0.65 0.77 0.37 -3.52 0.50 0.25 0.35 0.32 0.48 9.29
Interest 6.35 5.88 4.86 4.06 3.56 3.44 2.81 2.37 1.48 3.42 4.24 4.23 3.05
Depreciation 0.96 1.12 0.92 0.94 0.98 0.97 0.98 1.00 1.02 1.08 1.22 1.21 1.13
Profit before tax 2.83 2.76 3.07 3.02 3.01 4.15 1.57 3.83 5.29 16.10 6.80 -12.79 1.58
Tax % 36.04% 35.14% 31.60% 35.76% 31.56% 29.16% 96.82% 18.28% 23.63% 24.84% 25.88% -23.92%
1.81 1.78 2.10 1.93 2.06 2.94 0.05 3.13 4.03 12.11 5.03 -9.73 4.65
EPS in Rs 1.90 1.87 2.20 2.02 2.06 2.94 0.05 3.13 4.03 12.12 5.03 -9.74 4.66
Dividend Payout % 26.35% 0.00% 0.00% 0.00% 0.00% 20.39% 0.00% 0.00% 12.39% 6.19% 0.00% 0.00%
Compounded Sales Growth
10 Years: -1%
5 Years: -7%
3 Years: -23%
TTM: -25%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 62%
Stock Price CAGR
10 Years: 8%
5 Years: 19%
3 Years: -19%
1 Year: -38%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 4%
Last Year: -14%

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 9.54 9.54 9.54 9.54 9.99 9.99 9.99 9.99 9.99 9.99 9.99 9.99 9.99
Reserves 30.96 32.74 34.80 36.73 39.55 42.51 41.82 44.86 48.89 60.41 64.69 55.00 49.89
46.62 39.41 36.31 25.38 28.55 21.75 17.99 17.27 19.33 33.15 46.58 22.01 25.85
27.89 24.66 32.00 47.04 31.47 16.90 22.62 26.14 7.26 22.98 18.71 2.94 3.38
Total Liabilities 115.01 106.35 112.65 118.69 109.56 91.15 92.42 98.26 85.47 126.53 139.97 89.94 89.11
13.89 17.08 17.82 17.39 16.88 15.91 16.20 19.15 20.13 20.78 20.62 19.84 19.23
CWIP 3.59 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 19.63 19.50 19.49 18.94 18.91 18.76 8.51 8.41 8.46 8.48 8.49 8.30 8.30
77.90 69.69 75.34 82.36 73.77 56.48 67.71 70.70 56.88 97.27 110.86 61.80 61.58
Total Assets 115.01 106.35 112.65 118.69 109.56 91.15 92.42 98.26 85.47 126.53 139.97 89.94 89.11

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
4.98 14.08 8.71 14.75 -1.02 9.38 3.85 4.92 2.52 -8.67 -7.65 28.49
-3.67 -0.06 -1.10 0.68 0.43 0.53 3.45 -1.47 -0.49 -1.38 -0.74 0.27
-0.65 -13.67 -7.96 -15.06 0.21 -9.82 -7.29 -3.12 -2.39 9.91 8.48 -28.80
Net Cash Flow 0.66 0.35 -0.34 0.37 -0.38 0.09 0.01 0.32 -0.36 -0.14 0.08 -0.04

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 142.81 133.76 118.63 120.06 165.28 115.36 67.91 78.35 49.08 94.93 85.86 107.70
Inventory Days 148.20 197.23 154.59 184.15 137.26 204.20 158.86 231.48 74.54 92.68 174.92 161.99
Days Payable 117.76 121.26 116.65 173.84 103.68 33.84 37.69 61.62 5.06 26.90 37.47 1.12
Cash Conversion Cycle 173.25 209.73 156.57 130.37 198.85 285.71 189.08 248.21 118.56 160.70 223.32 268.58
Working Capital Days 166.68 174.96 134.77 110.59 175.16 182.98 119.49 159.64 99.28 123.36 178.37 236.96
ROCE % 11.32% 10.25% 9.82% 9.30% 8.78% 9.96% 11.36% 8.74% 9.01% 21.48% 9.82% -8.22%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
59.95% 59.95% 59.95% 59.95% 59.95% 59.95% 59.95% 59.95% 59.95% 59.96% 59.96% 59.96%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
40.03% 40.03% 40.03% 40.02% 40.03% 40.02% 40.02% 40.01% 40.02% 40.02% 40.02% 40.01%
No. of Shareholders 3,5923,5173,5203,5493,8273,9173,9884,1435,1665,4405,3415,235

* 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.

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