Shri Venkatesh Refineries Ltd
₹ 163
-0.40%
22 Nov
- close price
About
Incorporated in 2003, Shri Venkatesh Refineries Ltd manufactures and trades Refined Oil and Raw Oil[1]
Key Points
- Market Cap ₹ 361 Cr.
- Current Price ₹ 163
- High / Low ₹ 180 / 68.5
- Stock P/E 24.3
- Book Value ₹ 39.3
- Dividend Yield 0.61 %
- ROCE 16.6 %
- ROE 20.6 %
- 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 25.2%
Cons
- Company might be capitalizing the interest cost
* 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
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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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 132 | 227 | 235 | 337 | 612 | 629 | 575 | 596 | |
| 128 | 222 | 228 | 327 | 586 | 601 | 545 | 568 | |
| Operating Profit | 4 | 5 | 7 | 10 | 26 | 28 | 29 | 29 |
| OPM % | 3% | 2% | 3% | 3% | 4% | 4% | 5% | 5% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 3 | 3 | 4 | 5 | 6 | 8 | 8 | 9 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 2 | 3 | 5 | 19 | 19 | 20 | 20 |
| Tax % | 31% | 32% | 26% | 25% | 27% | 26% | 26% | |
| 1 | 1 | 2 | 4 | 14 | 14 | 15 | 15 | |
| EPS in Rs | 21.00 | 1.43 | 1.81 | 2.15 | 6.37 | 6.49 | 6.79 | 6.71 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 8% | 8% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 19% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 64% |
| 3 Years: | 62% |
| TTM: | 7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 96% |
| 1 Year: | 37% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 25% |
| Last Year: | 21% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 4 | 6 | 8 | 11 | 11 | 22 | 22 |
| Reserves | 4 | 16 | 18 | 19 | 42 | 55 | 58 | 65 |
| 19 | 26 | 36 | 58 | 73 | 77 | 124 | 134 | |
| 9 | 3 | 8 | 9 | 15 | 25 | 33 | 73 | |
| Total Liabilities | 33 | 49 | 67 | 93 | 141 | 168 | 237 | 294 |
| 5 | 19 | 22 | 23 | 23 | 24 | 24 | 32 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 29 | 30 | 45 | 71 | 119 | 144 | 209 | 258 | |
| Total Assets | 33 | 49 | 67 | 93 | 141 | 168 | 237 | 294 |
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 | 7 |
| Inventory Days | 63 | 35 | 48 | 71 | 68 | 80 | 122 |
| Days Payable | 7 | 3 | 10 | 7 | 5 | 9 | 18 |
| Cash Conversion Cycle | 75 | 43 | 56 | 64 | 64 | 72 | 112 |
| Working Capital Days | 69 | 42 | 54 | 64 | 62 | 69 | 109 |
| ROCE % | 14% | 13% | 14% | 24% | 20% | 17% |
Documents
Announcements
-
Statement Of Deviation(S) Or Variation(S) Of Initial Public Offer Proceeds For The Half Year Ended September 30 2024 As per Regulation 32(1) Of The SEBI (LODR) Regulations 2015.
14 Nov - Statement of utilization of IPO proceeds submitted.
-
Financial Result For Half Year Ended 30 September 2024
14 Nov - Board meeting outcome and financial results for Q1 2024.
-
Board Meeting Outcome for Considered, Approved And Took On Record The Unaudited Financial Statements (Standalone) Of The Company For The Quarter Ended 30Th September 2024 And General.
14 Nov - Board meeting outcome and financial results for Q1 2024.
-
Board Meeting Intimation for BOARD MEETING INTIMATION
8 Nov - Board meeting to approve financial statements.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 21 Oct
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.