Synergy Green Industries Ltd
Incorporated in 2010, Synergy Green Industries Ltd is into manufacturing of SG & CI Castings.[1]
- Market Cap ₹ 548 Cr.
- Current Price ₹ 389
- High / Low ₹ 436 / 185
- Stock P/E 47.4
- Book Value ₹ 33.0
- Dividend Yield 0.00 %
- ROCE 22.7 %
- ROE 28.3 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 20.6% CAGR over last 5 years
- Company's working capital requirements have reduced from 40.0 days to 31.8 days
Cons
- Stock is trading at 11.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.5% 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: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
0 | 0 | 103 | 165 | 208 | 199 | 284 | 290 | 326 | |
0 | 0 | 86 | 145 | 185 | 174 | 260 | 263 | 287 | |
Operating Profit | 0 | 0 | 16 | 20 | 22 | 24 | 24 | 26 | 39 |
OPM % | 16% | 12% | 11% | 12% | 8% | 9% | 12% | ||
0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 2 | |
Interest | 0 | 0 | 7 | 9 | 10 | 11 | 12 | 14 | 13 |
Depreciation | 0 | 0 | 6 | 7 | 7 | 8 | 11 | 12 | 12 |
Profit before tax | 0 | 0 | 3 | 5 | 6 | 5 | 3 | 1 | 16 |
Tax % | -60% | 12% | 47% | 39% | 53% | -25% | 26% | ||
0 | 0 | 5 | 5 | 3 | 3 | 1 | 1 | 12 | |
EPS in Rs | 0.00 | 0.00 | 4.50 | 3.22 | 2.36 | 2.25 | 1.01 | 0.62 | 8.18 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 18% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 54% |
TTM: | 1401% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 44% |
1 Year: | 103% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 28% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 5 | 10 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 2 | 2 | -12 | 13 | 17 | 19 | 20 | 21 | 33 |
Preference Capital | 0 | 7 | 11 | 11 | 11 | 11 | 11 | 11 | |
0 | 25 | 42 | 51 | 48 | 65 | 72 | 73 | 80 | |
0 | 10 | 68 | 66 | 67 | 77 | 88 | 74 | 71 | |
Total Liabilities | 2 | 42 | 108 | 145 | 146 | 175 | 194 | 182 | 198 |
0 | 2 | 33 | 33 | 58 | 63 | 76 | 69 | 79 | |
CWIP | 0 | 37 | 0 | 4 | 1 | 3 | 7 | 11 | 9 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
2 | 3 | 75 | 107 | 88 | 109 | 111 | 102 | 111 | |
Total Assets | 2 | 42 | 108 | 145 | 146 | 175 | 194 | 182 | 198 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
0 | 0 | 15 | 11 | 26 | 11 | 28 | 26 | 38 | |
-2 | -36 | -6 | -23 | -16 | -18 | -25 | -14 | -19 | |
2 | 36 | -9 | 12 | -8 | 7 | -5 | -12 | -15 | |
Net Cash Flow | 0 | -0 | -0 | 0 | 2 | 0 | -2 | 0 | 4 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 64 | 65 | 29 | 53 | 42 | 28 | 38 | ||
Inventory Days | 557 | 314 | 215 | 278 | 189 | 186 | 151 | ||
Days Payable | 736 | 337 | 226 | 296 | 202 | 154 | 144 | ||
Cash Conversion Cycle | -116 | 42 | 18 | 35 | 29 | 61 | 45 | ||
Working Capital Days | 11 | 53 | 28 | 64 | 43 | 46 | 32 | ||
ROCE % | 0% | 20% | 18% | 17% | 13% | 12% |
Documents
Announcements
- Closure of Trading Window 29 Jun
-
Finalized Development Order For 4 MW Parts To Senvion Wind Technology.
20 Jun - Finalized development order for 4 MW part to Senvion Wind Technology updated to exchange under Reg. 30 of SEBI (LODR) Reg. 2015.
-
Senvion Wind Technology Order Booked For Rs.62.00 Cr.
20 Jun - Senvion Wind Technology Order booked for Rs.62.00 Cr. for the F.Y.2023-24 updated under regulation 30 of SEBI (LODR) Reg.2015
-
Announcement under Regulation 30 (LODR)-Credit Rating
12 Jun - Credit rating of long term / short term Loan and FD.
-
Submission Of Draft Letter Of Offer For In-Principal Approval.
11 Jun - Draft of Letter of Offer of Synergy Green Industries Limited towards in-principal approval of exchange.
Business Overview:[1][2]
SGIL is a part of the Shirgaokar Brothers Group whose major business activities include, Sugar, Foundry products and heavy engineering products. It holds 38% shareholding in SGIL. Company is an associate concern of SB Reshellers Pvt Ltd. It primarily manufactures iron castings for wind turbines