Shri Venkatesh Refineries Ltd
Incorporated in 2003, Shri Venkatesh Refineries Ltd manufactures and trades Refined Oil and Raw Oil[1]
- Market Cap ₹ 303 Cr.
- Current Price ₹ 137
- High / Low ₹ 148 / 59.1
- Stock P/E 20.2
- Book Value ₹ 36.0
- Dividend Yield 0.36 %
- ROCE 20.1 %
- ROE 22.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 64.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.2%
Cons
* 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: Edible Oil Industry: Solvent Extraction
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
132 | 227 | 235 | 337 | 612 | 629 | 575 | |
128 | 222 | 228 | 327 | 586 | 601 | 546 | |
Operating Profit | 4 | 5 | 7 | 10 | 26 | 28 | 29 |
OPM % | 3% | 2% | 3% | 3% | 4% | 4% | 5% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 3 | 3 | 4 | 5 | 6 | 8 | 8 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 1 | 2 | 3 | 5 | 19 | 19 | 20 |
Tax % | 31% | 32% | 26% | 25% | 27% | 26% | 26% |
1 | 1 | 2 | 4 | 14 | 14 | 15 | |
EPS in Rs | 21.00 | 1.43 | 1.81 | 2.15 | 6.37 | 6.49 | 6.79 |
Dividend Payout % | 0% | 0% | 0% | 0% | 8% | 8% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 20% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 64% |
3 Years: | 62% |
TTM: | 5% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 79% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 26% |
Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 1 | 4 | 6 | 8 | 11 | 11 | 22 |
Reserves | 4 | 16 | 18 | 19 | 42 | 55 | 58 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | |
19 | 26 | 36 | 58 | 73 | 77 | 124 | |
10 | 3 | 8 | 9 | 15 | 25 | 33 | |
Total Liabilities | 33 | 49 | 67 | 93 | 141 | 168 | 237 |
5 | 19 | 22 | 23 | 23 | 24 | 24 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
29 | 30 | 45 | 71 | 119 | 144 | 209 | |
Total Assets | 33 | 49 | 67 | 93 | 141 | 168 | 237 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
3 | -2 | -15 | -20 | 7 | -28 | ||
-1 | -4 | -1 | -1 | -2 | -5 | ||
-2 | 7 | 16 | 21 | -5 | 37 | ||
Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 4 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 19 | 11 | 18 | 0 | 1 | 2 | |
Inventory Days | 63 | 35 | 48 | 71 | 68 | 80 | |
Days Payable | 7 | 3 | 10 | 7 | 5 | 9 | |
Cash Conversion Cycle | 75 | 43 | 56 | 64 | 64 | 72 | |
Working Capital Days | 69 | 42 | 54 | 64 | 62 | 69 | |
ROCE % | 14% | 13% | 14% | 24% | 20% |
Documents
Announcements
-
Clarification sought from Shri Venkatesh Refineries Ltd
26 Jun - Exchange has sought clarification from Shri Venkatesh Refineries Ltd on June 25, 2024 with reference to significant movement in price, in order to ensure that …
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Dear Sir/Madam Pursuant to Regulation 24(A) of the SEBI (LODR) Requirements 2015, we are enclosing herewith the copy of the Annual Compliance Report for the …
- Statement Of Deviation(S) Or Variation(S) Of Initial Public Offer Proceeds For The Half Year Ended March 31, 2024 As per Regulation 32(1) Of The SEBI (LODR) Regulations, 2015. 30 May
- Financial Results 31St March 2024 29 May
- Board Meeting Outcome for Outcome Of The Board Meeting 29 May
Business Overview:[1][2]
SVRL is a refinery company which sells edible oil brand Rich Soya in Maharashtra. It does production, processing and preservation of
edible oils, mainly Soyabean Oil and Cotton Seed Oil. The business involves purchase of raw oil, refining, packaging and selling of edible oil. Apart from refining, company also does trading of edible oil viz. soyabean oil, sunflower oil, cotton seed oil, mustard oil, and palm oil. Company sells the by-products generated during the refining process viz. Soya Acid Oil, Soyabean Sludge Oil and Soya Fatty Acid.