Sicagen India Ltd

Sicagen India Ltd

₹ 77.0 0.00%
25 Nov 12:01 p.m.
About

Incorporated in 2004, Sicagen India is in the business of trading Building materials, Sales & Servicing Power and controls systems, manufacturing of MS barrels and water treatment chemicals[1]

Key Points

Business Overview:[1]
Company is an ISO 9001:2015 certified company and part of the Singapore headquartered $2+ billion AM International group, Sicagen has 5 business verticals and 2 subsidiaries.
It is an integrated, value-added solutions provider for Building Materials, Power & Control Systems, Industrial Packaging and Speciality Chemicals for water treatment

  • Market Cap 305 Cr.
  • Current Price 77.0
  • High / Low 119 / 42.6
  • Stock P/E 26.0
  • Book Value 111
  • Dividend Yield 0.77 %
  • ROCE 3.86 %
  • ROE 2.21 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.69 times its book value
  • Company has been maintaining a healthy dividend payout of 46.1%
  • Promoter holding has increased by 4.93% over last quarter.

Cons

  • The company has delivered a poor sales growth of -2.37% over past five years.
  • Company has a low return on equity of 1.64% over last 3 years.
  • Earnings include an other income of Rs.8.02 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: 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
108.89 118.17 131.09 105.57 99.76 109.02 124.39 113.35 115.84 131.46 116.31 152.55 127.32
104.71 114.37 127.56 101.54 97.20 104.46 120.58 107.10 112.99 128.12 112.22 145.64 122.62
Operating Profit 4.18 3.80 3.53 4.03 2.56 4.56 3.81 6.25 2.85 3.34 4.09 6.91 4.70
OPM % 3.84% 3.22% 2.69% 3.82% 2.57% 4.18% 3.06% 5.51% 2.46% 2.54% 3.52% 4.53% 3.69%
-7.08 0.97 3.95 1.32 2.12 1.88 10.19 1.26 1.33 2.20 1.29 1.38 3.15
Interest 0.89 0.97 0.95 1.12 1.03 1.10 1.20 1.41 1.23 1.38 1.44 1.40 1.54
Depreciation 2.16 1.69 1.22 1.26 1.94 1.26 1.73 1.18 1.21 1.29 1.33 1.35 1.35
Profit before tax -5.95 2.11 5.31 2.97 1.71 4.08 11.07 4.92 1.74 2.87 2.61 5.54 4.96
Tax % 14.79% 39.34% 22.60% 27.95% 32.16% 21.57% 4.07% 25.41% 40.80% 31.36% 16.86% 25.45% 30.85%
-6.83 1.28 4.11 2.14 1.16 3.20 10.62 3.67 1.03 1.97 2.17 4.13 3.43
EPS in Rs -1.73 0.32 1.04 0.54 0.29 0.81 2.68 0.93 0.26 0.50 0.55 1.04 0.87
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
884 430 486 451 561 566 538 434 348 443 439 477 528
857 449 488 451 555 563 532 426 336 426 424 460 509
Operating Profit 28 -19 -2 -0 5 4 6 8 12 17 15 17 19
OPM % 3% -5% -0% -0% 1% 1% 1% 2% 3% 4% 3% 4% 4%
6 40 15 14 10 12 8 8 5 -2 16 6 8
Interest 11 6 6 6 6 7 7 6 4 4 4 5 6
Depreciation 2 3 3 3 2 2 2 5 5 6 6 5 5
Profit before tax 21 11 4 6 8 7 5 5 8 5 20 12 16
Tax % 36% -1% 18% -19% 1% 9% 57% 59% 30% 79% 14% 27%
13 11 3 7 8 6 2 2 6 1 17 9 12
EPS in Rs 3.36 2.74 0.77 1.82 1.90 1.62 0.55 0.54 1.48 0.26 4.33 2.26 2.96
Dividend Payout % 30% 29% 78% 33% 32% 37% 72% 93% 41% 98% 14% 26%
Compounded Sales Growth
10 Years: 1%
5 Years: -2%
3 Years: 11%
TTM: 14%
Compounded Profit Growth
10 Years: 20%
5 Years: 27%
3 Years: 16%
TTM: 16%
Stock Price CAGR
10 Years: 18%
5 Years: 31%
3 Years: 56%
1 Year: 27%
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: 2%
Last Year: 2%

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 40 40 40 40 40 40 40 40 40 40 40 40 40
Reserves 369 376 376 381 343 346 341 336 350 367 375 391 400
103 72 48 45 66 53 65 38 35 37 53 50 69
105 103 73 65 57 70 59 35 21 29 19 27 23
Total Liabilities 616 591 537 530 505 509 505 448 445 472 486 508 531
32 36 31 30 80 82 36 44 43 40 39 40 40
CWIP 1 0 0 0 0 0 0 0 0 0 0 1 0
Investments 135 135 135 135 160 146 146 143 154 170 170 179 186
447 420 371 365 264 281 323 261 248 262 278 287 305
Total Assets 616 591 537 530 505 509 505 448 445 472 486 508 531

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
14 -6 -11 1 -12 -11 6 -37 25 1 11 28
-1 19 11 5 22 20 0 40 -17 6 -3 -11
-7 -18 -11 -10 -9 -9 -8 -11 -7 -9 -8 -16
Net Cash Flow 6 -5 -10 -4 2 -0 -1 -8 1 -2 -0 0

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 41 71 60 67 75 85 84 88 102 79 66 63
Inventory Days 42 63 41 45 41 38 39 46 46 35 62 55
Days Payable 19 40 20 20 32 42 38 23 11 17 9 8
Cash Conversion Cycle 64 94 80 91 84 81 85 110 137 97 118 110
Working Capital Days 58 91 73 89 84 83 93 126 137 128 144 129
ROCE % 7% 0% 2% 3% 3% 3% 3% 3% 3% 3% 3% 4%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
38.78% 38.78% 38.78% 45.66% 45.66% 50.57% 55.46% 55.46% 55.46% 55.46% 55.46% 60.39%
12.33% 12.33% 12.33% 7.34% 7.34% 7.34% 7.34% 7.34% 7.34% 7.34% 7.34% 2.42%
0.61% 0.61% 0.61% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60% 0.60%
48.28% 48.28% 48.28% 46.39% 46.38% 41.49% 36.60% 36.59% 36.60% 36.58% 36.59% 36.58%
No. of Shareholders 28,33929,64428,98227,49425,68925,31425,19925,16025,11424,72624,30924,855

* 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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