Spectrum Foods Ltd
Incorporated in 1984, Spectrum Foods Ltd (a part of Saboo Sodium Chloro Limited) is in the business of trading of salt and power generation through wind mill[1]
- Market Cap ₹ 75.0 Cr.
- Current Price ₹ 31.4
- High / Low ₹ 42.4 / 19.3
- Stock P/E 163
- Book Value ₹ 19.4
- Dividend Yield 0.00 %
- ROCE 104 %
- ROE 203 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 39.7 to 20.8 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.0.47 Cr.
* 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: FMCG Industry: Food - Processing - Indian
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.23 | 1.53 | 1.94 | 5.25 | 8.46 | 8.06 | 7.01 | 5.31 | 7.56 | 14.18 | 9.98 | 19.15 | 23.03 | |
0.24 | 1.48 | 1.59 | 2.99 | 6.13 | 6.23 | 4.74 | 2.31 | 5.92 | 12.67 | 7.83 | 16.23 | 22.02 | |
Operating Profit | -0.01 | 0.05 | 0.35 | 2.26 | 2.33 | 1.83 | 2.27 | 3.00 | 1.64 | 1.51 | 2.15 | 2.92 | 1.01 |
OPM % | -4.35% | 3.27% | 18.04% | 43.05% | 27.54% | 22.70% | 32.38% | 56.50% | 21.69% | 10.65% | 21.54% | 15.25% | 4.39% |
0.04 | 0.01 | 0.27 | 0.17 | 0.17 | 0.33 | 0.84 | 0.33 | 0.05 | 0.19 | 0.12 | 0.29 | 0.47 | |
Interest | 0.00 | 0.01 | 0.50 | 1.58 | 1.69 | 1.33 | 1.50 | 1.46 | 0.97 | 0.66 | 0.40 | 0.06 | 0.04 |
Depreciation | 0.00 | 0.00 | 1.17 | 2.07 | 2.58 | 2.45 | 2.07 | 1.72 | 1.47 | 1.28 | 1.14 | 1.01 | 0.96 |
Profit before tax | 0.03 | 0.05 | -1.05 | -1.22 | -1.77 | -1.62 | -0.46 | 0.15 | -0.75 | -0.24 | 0.73 | 2.14 | 0.48 |
Tax % | 66.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 58.70% | 6.67% | 152.00% | 8.33% | 46.58% | 38.32% | |
0.01 | 0.05 | -1.04 | -1.22 | -1.77 | -1.63 | -0.73 | 0.14 | -1.89 | -0.25 | 0.38 | 1.33 | 0.46 | |
EPS in Rs | 0.01 | 0.04 | -0.43 | -0.50 | -0.73 | -0.67 | -0.30 | 0.06 | -0.78 | -0.10 | 0.16 | 0.55 | 0.22 |
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: | 29% |
5 Years: | 22% |
3 Years: | 36% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | 39% |
5 Years: | 27% |
3 Years: | 39% |
TTM: | -82% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 14% |
3 Years: | 57% |
1 Year: | 51% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 203% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.80 | 3.93 | 6.37 | 6.37 | 6.37 | 6.37 | 4.85 | 4.85 | 4.85 | 4.85 | 4.85 | 4.85 | 24.09 |
Reserves | 1.45 | 2.31 | 0.59 | -0.63 | -2.40 | -4.02 | -3.23 | -3.10 | -4.99 | -5.24 | -4.86 | -3.53 | 20.62 |
1.91 | 7.96 | 22.08 | 20.47 | 18.51 | 17.65 | 17.05 | 14.02 | 8.90 | 9.84 | 1.16 | 1.76 | 0.49 | |
0.28 | 1.12 | 3.63 | 4.92 | 5.92 | 4.00 | 3.08 | 3.98 | 8.36 | 7.18 | 12.74 | 10.87 | 3.71 | |
Total Liabilities | 7.44 | 15.32 | 32.67 | 31.13 | 28.40 | 24.00 | 21.75 | 19.75 | 17.12 | 16.63 | 13.89 | 13.95 | 48.91 |
0.57 | 8.95 | 8.56 | 18.15 | 17.25 | 14.80 | 12.53 | 10.81 | 9.82 | 9.16 | 8.07 | 7.35 | 13.79 | |
CWIP | 0.46 | 0.00 | 12.11 | 1.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.48 | 0.00 |
Investments | 1.22 | 1.45 | 4.85 | 3.75 | 2.87 | 2.85 | 2.94 | 3.18 | 1.19 | 0.61 | 0.90 | 0.18 | 10.36 |
5.19 | 4.92 | 7.15 | 7.78 | 8.28 | 6.35 | 6.28 | 5.76 | 6.11 | 6.86 | 4.92 | 3.94 | 24.76 | |
Total Assets | 7.44 | 15.32 | 32.67 | 31.13 | 28.40 | 24.00 | 21.75 | 19.75 | 17.12 | 16.63 | 13.89 | 13.95 | 48.91 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.94 | -0.79 | 0.72 | 2.21 | 2.97 | 1.75 | 1.47 | 3.10 | 4.90 | 0.69 | 9.10 | 3.31 | |
-2.49 | -7.70 | -16.16 | -0.83 | 0.61 | 0.45 | 0.59 | 1.40 | 1.16 | -0.57 | -0.23 | -2.77 | |
1.99 | 7.00 | 15.39 | -1.51 | -3.64 | -2.17 | -2.04 | -4.49 | -6.08 | -0.65 | -8.79 | -0.26 | |
Net Cash Flow | -1.44 | -1.49 | -0.05 | -0.14 | -0.07 | 0.03 | 0.02 | 0.02 | -0.02 | -0.52 | 0.08 | 0.28 |
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 | 0.00 | 11.93 | 101.60 | 75.09 | 72.48 | 55.25 | 47.38 | 102.42 | 58.42 | 52.00 | 46.45 | 20.78 |
Inventory Days | 15,877.50 | 736.19 | 1,078.53 | 883.47 | 839.71 | 423.77 | 1,120.55 | 1,787.97 | 341.22 | 153.13 | 137.95 | 53.98 |
Days Payable | 4,197.50 | 327.88 | 987.97 | 817.10 | 968.41 | 109.81 | 167.90 | 259.20 | 40.25 | 30.82 | 419.61 | 7.07 |
Cash Conversion Cycle | 11,680.00 | 420.23 | 192.16 | 141.45 | -56.22 | 369.21 | 1,000.03 | 1,631.19 | 359.38 | 174.30 | -235.21 | 67.68 |
Working Capital Days | 5,030.65 | 830.20 | 588.89 | 149.48 | 73.78 | 80.16 | 153.60 | 112.73 | -55.04 | 6.44 | -292.95 | -116.08 |
ROCE % | 0.49% | 0.56% | -3.15% | 1.27% | -0.78% | -2.21% | 3.62% | 9.35% | 2.20% | 4.61% | 21.32% | 104.02% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Meeting Updates
1d - Increase in share capital and preferential allotment.
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Announcement under Regulation 30 (LODR)-Meeting Updates
20 Dec - Outcome of board meeting on capital increase and share allotment.
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Board Meeting Intimation for Consider The Proposal For Issuance Of Equity Shares By Way Of Preferential Issue For Consideration Other Than Cash.
17 Dec - Board meeting to consider preferential issue of equity shares.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Dec - Spectrum Foods signs MoUs worth ¥220 Crores for resorts.
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Board Meeting Outcome for Appointment Of Company Secretary And Resignation Of Previous Company Secretary.
25 Nov - Appointment of Mr. Nakul Sharma as Company Secretary.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Product Profile:
a) Salt:[1] Brand name Surya Salt, Tota Salt, Saboo Salt
b) Spices:[2]
Company offer spices in various forms, viz.
whole, grounded, blended and flakes which includes – turmeric powder, red chili powder,
cumin seeds, fennel powder, coriander seeds, fenugreek seeds, mixed spices and others
c) Guar Gum:[3]
Used in food, beverages, pharmaceuticals, cosmetics, paper, textile, construction, oil & gas well drilling, mining, etc.
d) Windmill:[4]
Company has 1 x 1.5 MW Wind power project wind turbine located in District Ratlam, Madhya Pradesh for generating electricity. This produced electricity from the said windmill plant is sold to Madhya Pradesh Madhya Kshetra Vidyut Company Ltd