SSPDL Ltd

SSPDL Ltd

₹ 19.2 2.24%
24 Jul - close price
About

Incorporated in 1994, SSPDL Ltd is in the business of real estate, property development, construction and other related activities[1]

Key Points

Business Overview:[1]
Company develops and builds Commercial (IT Parks, Shopping Malls, Hotels, Service Apartments, Industrial Buildings, etc.) and Residential properties (Gated Communities, Villas, Apartments and Serviced Plots) in South India. Its is executing 11 million sq. ft. of projects in South India

  • Market Cap 24.8 Cr.
  • Current Price 19.2
  • High / Low 31.4 / 13.0
  • Stock P/E
  • Book Value 3.07
  • Dividend Yield 0.00 %
  • ROCE -1.96 %
  • ROE -52.7 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 6.24 times its book value
  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 223 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: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
2.40 0.00 4.06 5.86 14.31 0.98 19.25 17.54 5.68 9.75 6.80 2.18 0.76
2.28 4.22 4.07 4.95 9.48 1.17 22.89 24.24 7.13 11.02 7.87 5.28 3.23
Operating Profit 0.12 -4.22 -0.01 0.91 4.83 -0.19 -3.64 -6.70 -1.45 -1.27 -1.07 -3.10 -2.47
OPM % 5.00% -0.25% 15.53% 33.75% -19.39% -18.91% -38.20% -25.53% -13.03% -15.74% -142.20% -325.00%
0.37 0.00 0.00 0.03 0.64 0.01 0.00 6.41 1.41 0.16 0.08 6.31 0.53
Interest 1.24 1.81 1.73 1.66 1.78 1.55 1.66 0.62 0.38 0.01 0.82 0.45 0.53
Depreciation 0.00 0.10 0.10 0.10 0.10 0.10 0.10 0.04 0.04 0.05 0.05 0.05 0.05
Profit before tax -0.75 -6.13 -1.84 -0.82 3.59 -1.83 -5.40 -0.95 -0.46 -1.17 -1.86 2.71 -2.52
Tax % 790.67% 0.49% 5.43% 18.29% -7.80% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-6.68 -6.15 -1.94 -0.97 3.87 -1.82 -5.40 -0.95 -0.47 -1.17 -1.86 2.71 -2.52
EPS in Rs -5.17 -4.76 -1.50 -0.75 2.99 -1.41 -4.18 -0.73 -0.36 -0.90 -1.44 2.10 -1.95
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
63.48 38.56 154.13 80.76 113.62 48.71 34.58 6.98 6.05 24.22 43.46 19.50
79.97 41.80 158.29 73.09 88.79 58.16 58.08 14.41 9.37 22.66 55.40 27.41
Operating Profit -16.49 -3.24 -4.16 7.67 24.83 -9.45 -23.50 -7.43 -3.32 1.56 -11.94 -7.91
OPM % -25.98% -8.40% -2.70% 9.50% 21.85% -19.40% -67.96% -106.45% -54.88% 6.44% -27.47% -40.56%
1.21 3.44 1.21 4.67 1.82 1.67 0.71 1.07 1.95 0.68 7.83 7.08
Interest 3.80 4.05 3.11 3.51 3.56 4.33 5.06 5.65 5.50 7.04 4.24 1.81
Depreciation 3.37 3.34 5.21 0.90 0.51 0.35 0.12 0.45 0.55 0.38 0.28 0.20
Profit before tax -22.45 -7.19 -11.27 7.93 22.58 -12.46 -27.97 -12.46 -7.42 -5.18 -8.63 -2.84
Tax % -3.34% 0.70% 1.51% -19.92% 40.08% -22.39% -21.52% -7.22% 132.75% 0.00% 0.00% 0.00%
-20.56 -6.51 -11.44 9.39 13.52 -9.67 -21.95 -11.56 -17.28 -5.18 -8.63 -2.84
EPS in Rs -12.44 -5.55 -8.85 7.26 10.46 -7.48 -16.98 -8.94 -13.36 -4.01 -6.67 -2.20
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: -7%
5 Years: -11%
3 Years: 48%
TTM: -55%
Compounded Profit Growth
10 Years: 5%
5 Years: 13%
3 Years: 22%
TTM: 76%
Stock Price CAGR
10 Years: 2%
5 Years: -7%
3 Years: 9%
1 Year: 33%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -53%

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
Equity Capital 12.93 12.93 12.93 12.93 12.93 12.93 12.93 12.93 12.93 12.93 12.93 12.93
Reserves 46.96 37.56 37.03 46.43 56.37 46.70 16.57 4.98 -12.30 -17.48 -6.12 -8.96
31.14 28.38 18.51 22.54 24.37 43.12 47.09 47.92 55.70 74.58 48.70 45.76
88.19 81.58 80.33 65.61 65.93 85.32 112.32 122.21 114.31 98.06 46.05 29.14
Total Liabilities 179.22 160.45 148.80 147.51 159.60 188.07 188.91 188.04 170.64 168.09 101.56 78.87
13.19 9.74 1.99 1.39 0.91 0.54 0.44 0.85 0.32 0.28 0.38 0.19
CWIP 0.00 0.00 0.00 0.00 0.00 0.26 0.29 0.29 0.29 0.00 0.00 0.00
Investments 24.40 25.08 21.30 15.33 8.94 6.62 6.17 3.90 2.99 2.99 2.99 2.99
141.63 125.63 125.51 130.79 149.75 180.65 182.01 183.00 167.04 164.82 98.19 75.69
Total Assets 179.22 160.45 148.80 147.51 159.60 188.07 188.91 188.04 170.64 168.09 101.56 78.87

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
14.38 -6.51 13.19 -9.97 -6.55 -14.46 -3.59 1.73 -4.99 -6.88 24.46 5.21
1.81 0.45 1.74 6.07 3.98 2.24 0.43 2.05 0.66 0.03 -0.21 -0.12
-5.33 -7.83 -7.98 0.54 -1.08 14.98 3.68 -5.28 2.18 12.78 -30.20 -4.47
Net Cash Flow 10.86 -13.89 6.95 -3.36 -3.66 2.77 0.52 -1.50 -2.15 5.93 -5.95 0.62

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 201.99 263.24 57.95 153.39 134.63 338.55 300.72 1,006.63 921.85 211.74 116.99 222.56
Inventory Days 2,097.05 2,959.42 4,909.50 573.54 555.76
Days Payable 289.43 902.78 802.45 150.92 26.96
Cash Conversion Cycle 201.99 263.24 1,865.57 153.39 2,191.27 338.55 300.72 1,006.63 921.85 4,318.78 539.61 751.35
Working Capital Days 226.60 384.40 64.67 211.92 233.35 550.24 403.74 1,680.15 2,276.88 715.53 319.31 593.36
ROCE % -16.06% -5.66% -10.46% 15.19% 29.75% -8.31% -25.55% -9.56% -3.14% 2.94% -12.31% -1.96%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
53.91% 53.91% 53.91% 53.91% 53.90% 53.90% 53.90% 53.90% 53.90% 53.90% 53.90% 53.90%
46.09% 46.09% 46.09% 46.09% 46.10% 46.10% 46.09% 46.09% 46.09% 46.09% 46.09% 46.10%
No. of Shareholders 2,7902,7952,7692,7862,7942,8122,8122,7932,7772,9272,9743,293

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