Safa Systems & Technologies Ltd
Incorporated in 2012, Safa Systems & Technologies Ltd distribution of mobile phones, electronic gadgets, mobile phone accessories, computer and computer parts, and other electronic media equipment [1]
- Market Cap ₹ 28.1 Cr.
- Current Price ₹ 11.2
- High / Low ₹ 21.3 / 11.1
- Stock P/E 13.1
- Book Value ₹ 13.6
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 8.41 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.83 times its book value
- Debtor days have improved from 50.6 to 24.3 days.
- Company's working capital requirements have reduced from 69.4 days to 31.7 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -29.1%
- Earnings include an other income of Rs.2.28 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 255 | 255 | 209 | 127 | 416 | 627 | |
| 253 | 252 | 206 | 126 | 414 | 623 | |
| Operating Profit | 1 | 3 | 2 | 0 | 2 | 5 |
| OPM % | 1% | 1% | 1% | 0% | 0% | 1% |
| 1 | 0 | 0 | 2 | 4 | 2 | |
| Interest | 1 | 3 | 2 | 1 | 3 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 0 | 0 | 0 | 2 | 3 |
| Tax % | 49% | 26% | 26% | 24% | 30% | 27% |
| 0 | 0 | 0 | 0 | 2 | 2 | |
| EPS in Rs | 0.19 | 1.05 | 0.86 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 44% |
| TTM: | 51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 95% |
| TTM: | 35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 25 | |||
| Reserves | 0 | 2 | 9 | |||
| 33 | 43 | 41 | ||||
| 6 | 8 | 15 | ||||
| Total Liabilities | 55 | 68 | 90 | |||
| 1 | 1 | 1 | ||||
| CWIP | 0 | 0 | 0 | |||
| Investments | 0 | 0 | 15 | |||
| 54 | 67 | 74 | ||||
| Total Assets | 55 | 68 | 90 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -45 | -5 | 6 | ||||
| -1 | -0 | 0 | ||||
| 47 | 6 | -6 | ||||
| Net Cash Flow | 2 | 1 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 87 | 40 | 24 | |||
| Inventory Days | 37 | 8 | 4 | |||
| Days Payable | 17 | 6 | 7 | |||
| Cash Conversion Cycle | 107 | 42 | 21 | |||
| Working Capital Days | 128 | 48 | 32 | |||
| ROCE % | 10% | 10% |
Documents
Announcements
-
Intimation Of Book Closure.
9 Sep - Book closure for 3rd Annual General Meeting.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Sep - Newspaper Publication for Dispatch of Notice of 3rd Annual General Meeting of the Company
-
Reg. 34 (1) Annual Report.
7 Sep - Submission of annual report and notice for AGM.
- NOTICE OF 3Rd ANNUAL GENERAL MEETING OF THE COMPANY FOR FY 2023-24 7 Sep
- Shareholders Meeting Date 30Th September, 2024 At 1.00 PM 7 Sep
Business Overview:[1]
SSTL is an ISO 9001:2015 certified distributor of electronic products and accessories in South India, offering a range of items including telecommunication devices, accessories, LED televisions, tablets, IT products, and home appliances.