Sturdy Industries Ltd
Sturdy Industries Limited, incorporated in 1989, is involved in the business of manufacturing Irrigation systems, Power generation products, and I.T. Infrastructure products. The company caters to all over the country.[1]
- Market Cap ₹ 6.81 Cr.
- Current Price ₹ 0.45
- High / Low ₹ 0.69 / 0.37
- Stock P/E
- Book Value ₹ -5.63
- Dividend Yield 0.00 %
- ROCE -7.06 %
- ROE %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -71.6% over past five years.
- Promoter holding is low: 12.1%
- Contingent liabilities of Rs.12.6 Cr.
- Company has high debtors of 20,032 days.
- Promoter holding has decreased over last 3 years: -12.4%
- Working capital days have increased from 9,628 days to 18,658 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: Non Ferrous Metals Industry: Aluminium and Aluminium Products
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
834.86 | 841.20 | 430.45 | 423.50 | 398.51 | 203.98 | 185.03 | 121.24 | 50.91 | 12.09 | 3.39 | 0.34 | |
814.06 | 839.37 | 428.52 | 412.58 | 395.21 | 241.77 | 190.03 | 233.28 | 63.17 | 22.28 | 9.32 | 9.90 | |
Operating Profit | 20.80 | 1.83 | 1.93 | 10.92 | 3.30 | -37.79 | -5.00 | -112.04 | -12.26 | -10.19 | -5.93 | -9.56 |
OPM % | 2.49% | 0.22% | 0.45% | 2.58% | 0.83% | -18.53% | -2.70% | -92.41% | -24.08% | -84.28% | -174.93% | -2,811.76% |
1.38 | 1.56 | 1.75 | 5.28 | 11.35 | 22.12 | -6.04 | -58.75 | -11.22 | 8.33 | 2.31 | 0.05 | |
Interest | 12.98 | 18.48 | 19.96 | 24.49 | 10.51 | 3.46 | 5.97 | 9.34 | 13.35 | 0.23 | 0.00 | 0.00 |
Depreciation | 4.96 | 4.99 | 9.65 | 8.77 | 6.86 | 6.02 | 3.25 | 3.33 | 3.03 | 2.77 | 2.51 | 2.16 |
Profit before tax | 4.24 | -20.08 | -25.93 | -17.06 | -2.72 | -25.15 | -20.26 | -183.46 | -39.86 | -4.86 | -6.13 | -11.67 |
Tax % | 63.44% | -9.21% | 20.52% | 31.18% | -44.49% | 14.47% | 9.82% | 13.65% | 26.44% | 173.87% | 31.16% | 21.34% |
1.55 | -21.93 | -20.62 | -11.74 | -3.93 | -21.51 | -18.26 | -158.42 | -29.32 | 3.59 | -4.22 | -9.18 | |
EPS in Rs | 0.24 | -3.41 | -3.21 | -1.83 | -0.26 | -1.42 | -1.21 | -10.47 | -1.94 | 0.24 | -0.28 | -0.61 |
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: | -54% |
5 Years: | -72% |
3 Years: | -81% |
TTM: | -90% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | % |
3 Years: | 13% |
TTM: | -45% |
Stock Price CAGR | |
---|---|
10 Years: | -15% |
5 Years: | 8% |
3 Years: | -1% |
1 Year: | 18% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12.86 | 12.86 | 12.86 | 14.82 | 30.25 | 32.25 | 30.25 | 30.25 | 30.25 | 30.25 | 30.25 | 146.85 |
Reserves | 55.42 | 33.45 | 12.51 | 10.44 | 8.46 | -13.12 | -31.17 | -192.12 | -221.52 | -224.92 | -230.27 | -231.95 |
Preference Capital | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 0.00 | 2.00 | 116.60 | 116.60 | 116.60 | 116.60 | |
151.53 | 215.79 | 235.77 | 259.63 | 184.16 | 256.57 | 249.64 | 174.29 | 221.70 | 209.88 | 206.18 | 176.42 | |
82.97 | 91.25 | 90.23 | 76.40 | 109.53 | 26.27 | 36.05 | 160.45 | 126.10 | 120.32 | 117.74 | 17.55 | |
Total Liabilities | 302.78 | 353.35 | 351.37 | 361.29 | 332.40 | 301.97 | 284.77 | 172.87 | 156.53 | 135.53 | 123.90 | 108.87 |
93.23 | 88.45 | 84.08 | 80.75 | 68.90 | 62.47 | 59.29 | 52.42 | 45.05 | 33.77 | 29.25 | 23.72 | |
CWIP | 0.92 | 0.92 | 0.92 | 0.92 | 1.00 | 1.07 | 1.64 | 1.64 | 1.64 | 1.64 | 1.64 | 1.64 |
Investments | 0.17 | 0.17 | 0.17 | 0.51 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 |
208.46 | 263.81 | 266.20 | 279.11 | 262.19 | 238.12 | 223.53 | 118.50 | 109.53 | 99.81 | 92.70 | 83.20 | |
Total Assets | 302.78 | 353.35 | 351.37 | 361.29 | 332.40 | 301.97 | 284.77 | 172.87 | 156.53 | 135.53 | 123.90 | 108.87 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19.69 | 2.12 | -67.76 | 17.66 | 16.89 | 0.00 | 8.12 | 18.56 | -35.29 | 4.54 | -1.57 | 2.52 | |
-18.39 | -0.20 | -5.65 | 13.98 | 7.09 | 0.00 | -0.63 | 2.61 | 1.49 | 9.58 | 3.00 | 8.18 | |
-3.35 | 1.43 | 68.28 | -34.62 | -23.50 | 0.00 | -6.31 | -22.79 | 34.06 | -18.79 | -3.71 | -10.83 | |
Net Cash Flow | -2.05 | 3.35 | -5.12 | -2.97 | 0.48 | 0.00 | 1.19 | -1.63 | 0.27 | -4.67 | -2.28 | -0.13 |
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 | 45.48 | 68.42 | 150.55 | 137.31 | 161.24 | 310.37 | 282.01 | 164.02 | 278.82 | 958.54 | 3,211.78 | 20,032.06 |
Inventory Days | 36.50 | 32.98 | 55.80 | 80.77 | 41.66 | 50.32 | 71.41 | 24.12 | 31.49 | 111.73 | 31.94 | 45.62 |
Days Payable | 30.84 | 33.40 | 69.29 | 54.79 | 40.30 | 36.44 | 67.55 | 118.15 | 60.76 | 96.13 | 47.45 | 1,505.62 |
Cash Conversion Cycle | 51.14 | 68.00 | 137.06 | 163.30 | 162.60 | 324.26 | 285.88 | 69.98 | 249.55 | 974.15 | 3,196.27 | 18,572.06 |
Working Capital Days | 54.49 | 73.61 | 147.13 | 166.31 | 168.80 | 349.41 | 316.69 | 75.87 | 506.53 | 2,269.70 | 7,956.78 | 18,657.94 |
ROCE % | 8.11% | -0.66% | -2.26% | 2.70% | 3.04% | -8.67% | 0.75% | -47.31% | -10.06% | -8.84% | -6.47% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Appointment of Interim Resolution Professional (IRP)
7 Jun - The Hon''ble National Company Law Tribunal, Chandigarh Bench, Court has vide order dated 06.06.2024 admitted the application filed by Punjab National Bank against the company …
- Compliances-Reg.24(A)-Annual Secretarial Compliance 30 May
- Board Meeting Outcome for Outcome Of The Board Meeting- Disclosure Under Regulation 30 Of The SEBI (Listing Obaligations And Disclosure Requirements) Regulations, 2015. 17 May
- Board Meeting Outcome for OUTCOME OF THE BOARD MEETING- DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LODR) REGULATIONS, 2015 15 May
- Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1) Of SEBI (LODR) Regulations, 2015. 9 May
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
-
Financial Year 2007
from bse
Products
AAC, AAAC & ACSR Conductors, ABC Cables, Aluminium Composite Panels under the brand SUNBOND. and it also manufactures Sprinkler & Drip Irrigation Systems, HDPE & PVC Pipes, Permanent Lubricant HDPE Ducts and Plastic Water Storage Tanks.[1]