Shiva Global Agro Industries Ltd

Shiva Global Agro Industries Ltd

₹ 43.5 6.22%
22 Nov - 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 43.5 Cr.
  • Current Price 43.5
  • High / Low 81.4 / 37.0
  • Stock P/E
  • Book Value 87.4
  • Dividend Yield 0.00 %
  • ROCE -8.17 %
  • ROE -17.3 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.50 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.12% over past five years.
  • Company has a low return on equity of 1.16% 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

Consolidated Figures in Rs. Crores / View Standalone

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
101.51 188.17 193.15 142.30 124.13 151.85 121.93 105.99 68.45 98.44 91.39 92.75 94.30
94.01 183.70 180.19 135.03 119.44 147.13 118.66 101.69 71.27 113.52 97.19 93.54 94.88
Operating Profit 7.50 4.47 12.96 7.27 4.69 4.72 3.27 4.30 -2.82 -15.08 -5.80 -0.79 -0.58
OPM % 7.39% 2.38% 6.71% 5.11% 3.78% 3.11% 2.68% 4.06% -4.12% -15.32% -6.35% -0.85% -0.62%
0.18 0.53 0.43 0.15 0.21 0.02 0.86 0.19 0.26 -0.13 0.83 0.05 0.34
Interest 1.78 1.75 2.24 2.23 1.49 2.90 3.95 2.99 2.88 3.01 3.63 2.44 2.57
Depreciation 0.63 0.63 0.85 0.62 0.66 0.76 0.81 0.71 0.71 0.71 0.64 0.67 0.67
Profit before tax 5.27 2.62 10.30 4.57 2.75 1.08 -0.63 0.79 -6.15 -18.93 -9.24 -3.85 -3.48
Tax % 24.86% 25.19% 24.95% 25.16% 25.09% 25.00% -9.52% 40.51% -5.20% 0.00% -89.07% 0.00% 0.29%
3.95 1.96 7.74 3.42 2.06 0.80 -0.58 0.47 -5.83 -18.94 -1.01 -3.85 -3.49
EPS in Rs 3.45 1.49 6.27 3.06 1.65 0.69 0.06 0.65 -4.98 -14.00 0.63 -3.59 -2.65
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
510 520 508 454 442 444 500 490 573 638 540 364 377
484 490 480 430 418 421 475 469 550 604 520 384 399
Operating Profit 26 29 28 25 24 23 24 21 22 35 20 -19 -22
OPM % 5% 6% 6% 5% 5% 5% 5% 4% 4% 5% 4% -5% -6%
2 1 1 1 1 2 -3 1 1 1 1 1 1
Interest 17 18 16 14 11 12 8 8 5 7 11 13 12
Depreciation 3 3 3 3 3 3 2 2 3 3 3 3 3
Profit before tax 9 10 10 8 10 11 11 12 15 26 8 -34 -36
Tax % 34% 34% 32% 38% 31% 29% 38% 20% 24% 25% 26% -25%
6 7 7 5 7 7 7 9 12 20 6 -25 -27
EPS in Rs 4.43 4.63 4.95 3.62 5.07 5.11 3.76 6.36 7.95 15.97 5.46 -17.69 -19.61
Dividend Payout % 11% 0% 0% 0% 0% 0% 0% 0% 6% 5% 0% 0%
Compounded Sales Growth
10 Years: -3%
5 Years: -6%
3 Years: -14%
TTM: -16%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -383%
Stock Price CAGR
10 Years: 7%
5 Years: 16%
3 Years: -12%
1 Year: -18%
Return on Equity
10 Years: 5%
5 Years: 4%
3 Years: 1%
Last Year: -17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 10 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 41 46 50 54 59 65 67 73 81 97 101 84 77
152 158 128 108 102 95 71 87 57 101 129 109 85
86 92 91 111 107 82 72 78 58 74 70 41 50
Total Liabilities 289 305 279 282 277 252 220 247 205 282 310 244 222
39 43 47 46 44 42 36 41 43 43 42 40 39
CWIP 11 9 6 5 5 5 0 2 0 1 0 0 1
Investments 2 2 2 1 1 1 0 0 1 3 2 2 2
236 252 225 230 227 204 183 204 162 236 266 202 180
Total Assets 289 305 279 282 277 252 220 247 205 282 310 244 222

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-2 6 42 34 17 17 37 -5 32 -31 -18 33
3 2 -1 1 1 0 -4 -3 -2 -4 0 1
12 -12 -46 -35 -18 -18 -33 8 -27 32 16 -32
Net Cash Flow 13 -4 -6 0 1 -0 -1 0 3 -3 -1 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 79 91 82 77 99 62 56 67 42 50 50 54
Inventory Days 76 77 76 106 92 111 71 83 58 84 137 130
Days Payable 44 42 40 59 50 21 18 19 7 11 16 3
Cash Conversion Cycle 111 126 118 125 141 152 109 131 93 123 171 180
Working Capital Days 106 118 110 110 122 123 94 114 85 110 155 179
ROCE % 13% 12% 12% 11% 11% 11% 12% 10% 11% 15% 7% -8%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
58.40% 59.95% 59.95% 59.95% 59.95% 59.95% 59.95% 59.95% 59.95% 59.95% 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%
41.58% 40.03% 40.03% 40.03% 40.02% 40.03% 40.02% 40.02% 40.01% 40.02% 40.02% 40.02%
No. of Shareholders 3,6133,5923,5173,5203,5493,8273,9173,9884,1435,1665,4405,341

* 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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