Scan Projects Ltd

Scan Projects Ltd

₹ 74.9 -2.42%
22 Nov - close price
About

Incorporated in 1992, Scan Projects Ltd is in the business of providing Engineering Services[1]

Key Points

Business Overview:[1]
SPL (formerly Ambala Cements Ltd) previously operated a Mini Cement Plant for manufacturing and selling cement. Currently, it procures orders for supplying cement machinery parts and their erection and commissioning of cement plants in India and abroad.

  • Market Cap 21.5 Cr.
  • Current Price 74.9
  • High / Low 93.3 / 18.0
  • Stock P/E 24.7
  • Book Value 17.0
  • Dividend Yield 0.00 %
  • ROCE 20.0 %
  • ROE 18.3 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 162 to 107 days.

Cons

  • Stock is trading at 4.41 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -3.91%
  • Company has a low return on equity of 8.84% 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: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
1.55 1.88 1.52 1.66 1.47 1.27 1.45 1.90 1.70 1.33 3.07 2.23 3.41
1.43 1.65 1.47 1.52 1.37 1.24 1.49 1.87 1.57 1.23 2.37 2.20 3.38
Operating Profit 0.12 0.23 0.05 0.14 0.10 0.03 -0.04 0.03 0.13 0.10 0.70 0.03 0.03
OPM % 7.74% 12.23% 3.29% 8.43% 6.80% 2.36% -2.76% 1.58% 7.65% 7.52% 22.80% 1.35% 0.88%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.86 0.02 0.02 0.00 0.03
Interest 0.01 0.01 0.01 0.02 0.02 0.01 0.01 0.00 0.00 0.00 0.01 0.00 0.01
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.01 0.01 0.01
Profit before tax 0.10 0.21 0.03 0.11 0.07 0.01 -0.06 0.02 -0.74 0.10 0.70 0.02 0.04
Tax % 30.00% 23.81% 66.67% 27.27% 28.57% 100.00% -16.67% 50.00% 6.76% 30.00% -7.14% 0.00% 25.00%
0.08 0.15 0.02 0.08 0.05 0.00 -0.06 0.01 -0.78 0.08 0.75 0.01 0.03
EPS in Rs 0.28 0.52 0.07 0.28 0.17 0.00 -0.21 0.03 -2.71 0.28 2.61 0.03 0.10
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
3.05 4.63 5.82 6.78 3.15 3.90 4.09 3.16 3.04 5.83 5.85 7.99 10.04
2.51 4.03 5.30 6.21 2.77 3.53 3.77 2.94 2.80 5.36 5.62 7.01 9.18
Operating Profit 0.54 0.60 0.52 0.57 0.38 0.37 0.32 0.22 0.24 0.47 0.23 0.98 0.86
OPM % 17.70% 12.96% 8.93% 8.41% 12.06% 9.49% 7.82% 6.96% 7.89% 8.06% 3.93% 12.27% 8.57%
0.11 0.12 0.12 0.14 0.03 0.01 0.00 0.00 0.04 0.00 0.00 -0.83 0.07
Interest 0.06 0.09 0.10 0.13 0.16 0.11 0.11 0.11 0.14 0.04 0.06 0.02 0.02
Depreciation 0.06 0.07 0.11 0.08 0.07 0.05 0.04 0.08 0.06 0.05 0.04 0.04 0.05
Profit before tax 0.53 0.56 0.43 0.50 0.18 0.22 0.17 0.03 0.08 0.38 0.13 0.09 0.86
Tax % 0.00% 23.21% 32.56% 32.00% 33.33% 36.36% 23.53% 33.33% 50.00% 26.32% 30.77% 44.44%
0.53 0.42 0.30 0.34 0.12 0.13 0.13 0.02 0.03 0.28 0.08 0.06 0.87
EPS in Rs 1.84 1.46 1.04 1.18 0.42 0.45 0.45 0.07 0.10 0.97 0.28 0.21 3.02
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: 6%
5 Years: 14%
3 Years: 38%
TTM: 59%
Compounded Profit Growth
10 Years: 8%
5 Years: 47%
3 Years: 208%
TTM: 8800%
Stock Price CAGR
10 Years: %
5 Years: 85%
3 Years: 178%
1 Year: 325%
Return on Equity
10 Years: 5%
5 Years: 6%
3 Years: 9%
Last Year: 18%

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 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 2.87
Reserves -0.87 -0.45 -0.20 0.13 0.08 0.20 0.34 0.36 0.40 0.63 0.78 0.84 2.01
0.58 0.88 1.17 2.14 0.99 0.94 0.39 0.90 0.76 0.94 0.08 0.12 0.93
1.49 1.94 2.25 1.84 1.40 1.68 1.72 1.23 1.16 1.63 0.84 1.19 1.34
Total Liabilities 5.20 6.37 7.22 8.11 6.47 6.82 6.45 6.49 6.32 7.20 5.70 6.15 7.15
0.54 0.71 0.58 0.52 0.46 0.39 0.60 0.52 0.45 0.40 0.36 0.43 0.42
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 0.00 0.00 0.00 0.00 0.01 0.05 0.06 0.10 0.10 0.10 0.10 0.09 0.09
4.66 5.66 6.64 7.59 6.00 6.38 5.79 5.87 5.77 6.70 5.24 5.63 6.64
Total Assets 5.20 6.37 7.22 8.11 6.47 6.82 6.45 6.49 6.32 7.20 5.70 6.15 7.15

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
0.04 -0.19 -0.45 -0.83 -0.22 0.37 0.95 -0.54 -0.05 -0.24 0.99 0.38
0.14 0.03 0.03 0.07 1.35 -0.02 -0.26 -0.05 0.26 0.06 0.00 0.11
-0.19 0.29 0.29 0.97 -1.30 -0.16 -0.65 0.41 -0.24 0.14 -0.92 -0.08
Net Cash Flow -0.01 0.13 -0.14 0.21 -0.17 0.18 0.04 -0.18 -0.03 -0.04 0.07 0.41

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 312.34 212.85 113.51 117.36 260.71 271.41 213.29 286.46 307.37 231.02 147.25 107.35
Inventory Days 168.46 62.05 27.20 42.37 23.68 12.20 11.09 58.54
Days Payable 526.44 284.70 283.39 211.83 126.27 81.34 23.10 44.08
Cash Conversion Cycle 312.34 212.85 113.51 -240.62 260.71 48.76 -42.89 116.99 204.77 161.88 135.24 121.82
Working Capital Days 192.67 152.94 166.82 214.80 493.62 393.08 315.92 493.21 540.30 315.54 270.79 184.56
ROCE % 16.64% 15.97% 11.28% 11.21% 6.00% 6.27% 5.67% 2.80% 4.22% 7.83% 3.64% 19.96%

Shareholding Pattern

Numbers in percentages

11 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
68.59% 68.59% 68.59% 68.59% 68.59% 68.59% 68.59% 68.59% 68.59% 68.59% 68.59% 64.68%
31.41% 31.41% 31.41% 31.41% 31.41% 31.41% 31.41% 31.41% 31.41% 31.41% 31.41% 35.32%
No. of Shareholders 228231231231231231231232259320323430

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