Shashwat Furnishing Solutions Ltd

Shashwat Furnishing Solutions Ltd

₹ 46.0 0.00%
23 Dec 4:00 p.m.
About

Incorporated in 2021, Shashwat Furnishing Solutions Ltd is in the business of furniture
and handicraft items[1]

Key Points

Business Overview:[1][2]
a) SFSL is a manufacturer and supplier
of Indian handicrafts in Jodhpur. It provides
a wide array of handicrafts in India made by
a team of artisans, by using several material including metal, marble, glass, paper, wood,
and many others.
b) Company processes of semifinished
furniture products into finished products
and manufacturing through job work of
furniture and handicraft item

  • Market Cap 9.60 Cr.
  • Current Price 46.0
  • High / Low 46.3 / 38.1
  • Stock P/E
  • Book Value 15.7
  • Dividend Yield 0.00 %
  • ROCE -14.4 %
  • ROE -25.0 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 148 to 110 days.

Cons

  • Stock is trading at 2.94 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -7.92% 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: Miscellaneous Industry: Miscellaneous

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Half Yearly Results

Figures in Rs. Crores

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
0.20 1.18 1.88 2.68 1.02 2.04 2.34
0.19 1.03 1.80 2.54 1.33 2.25 2.02
Operating Profit 0.01 0.15 0.08 0.14 -0.31 -0.21 0.32
OPM % 5.00% 12.71% 4.26% 5.22% -30.39% -10.29% 13.68%
0.00 0.00 0.00 0.01 0.01 0.01 0.00
Interest 0.00 0.00 0.00 0.05 0.07 0.10 0.08
Depreciation 0.01 0.01 0.01 0.02 0.09 0.14 0.12
Profit before tax 0.00 0.14 0.07 0.08 -0.46 -0.44 0.12
Tax % 28.57% -157.14% 75.00% 10.87% -6.82% 50.00%
0.00 0.10 0.18 0.03 -0.52 -0.41 0.06
EPS in Rs 0.00 0.65 0.86 0.14 -2.49 -1.96 0.29
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 1m Mar 2022 Mar 2023 Mar 2024 TTM
0.00 1.38 4.57 3.06 4.38
0.00 1.22 4.35 3.58 4.27
Operating Profit 0.00 0.16 0.22 -0.52 0.11
OPM % 11.59% 4.81% -16.99% 2.51%
0.00 0.00 0.01 0.02 0.01
Interest 0.00 0.00 0.05 0.17 0.18
Depreciation 0.00 0.02 0.03 0.23 0.26
Profit before tax 0.00 0.14 0.15 -0.90 -0.32
Tax % 28.57% -40.00% 2.22%
0.00 0.11 0.21 -0.92 -0.35
EPS in Rs 0.00 0.72 1.01 -4.41 -1.67
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 18%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 29%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 44%
Return on Equity
10 Years: %
5 Years: %
3 Years: -8%
Last Year: -25%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 1.53 2.09 2.09 2.09
Reserves 0.00 0.29 2.05 1.13 1.18
0.00 0.01 1.21 1.57 1.33
0.00 0.52 0.44 0.70 0.12
Total Liabilities 0.01 2.35 5.79 5.49 4.72
0.00 0.03 0.11 1.40 1.27
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00
0.01 2.32 5.68 4.09 3.45
Total Assets 0.01 2.35 5.79 5.49 4.72

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 -1.23 -2.90
0.00 -0.11 -0.24
0.01 1.71 3.31
Net Cash Flow 0.01 0.37 0.17

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 238.04 96.64 109.74
Inventory Days 151.03 152.64 307.92
Days Payable 155.23 22.12 64.59
Cash Conversion Cycle 233.85 227.16 353.07
Working Capital Days 357.07 352.22 350.69
ROCE % 15.22% 5.57% -14.40%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.28% 73.28% 73.28% 73.28% 73.28% 73.28% 73.28% 73.42% 73.42% 73.42%
26.72% 26.72% 26.72% 26.72% 26.72% 26.73% 26.72% 26.58% 26.57% 26.58%
No. of Shareholders 136126121117115117118116112113

Documents