Shashwat Furnishing Solutions Ltd
Incorporated in 2021, Shashwat Furnishing Solutions Ltd is in the business of furniture
and handicraft items[1]
- Market Cap ₹ 9.11 Cr.
- Current Price ₹ 43.6
- High / Low ₹ 44.9 / 30.0
- Stock P/E
- Book Value ₹ 15.4
- 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 2.83 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 0.00 | 1.38 | 4.57 | 3.06 | |
| 0.00 | 1.22 | 4.35 | 3.58 | |
| Operating Profit | 0.00 | 0.16 | 0.22 | -0.52 |
| OPM % | 11.59% | 4.81% | -16.99% | |
| 0.00 | 0.00 | 0.01 | 0.02 | |
| Interest | 0.00 | 0.00 | 0.05 | 0.17 |
| Depreciation | 0.00 | 0.02 | 0.03 | 0.23 |
| Profit before tax | 0.00 | 0.14 | 0.15 | -0.90 |
| Tax % | 28.57% | -40.00% | 2.22% | |
| 0.00 | 0.11 | 0.21 | -0.92 | |
| EPS in Rs | 0.00 | 0.72 | 1.01 | -4.41 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -538% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 24% |
| 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 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 1.53 | 2.09 | 2.09 |
| Reserves | 0.00 | 0.29 | 2.05 | 1.13 |
| 0.00 | 0.01 | 1.21 | 1.57 | |
| 0.00 | 0.52 | 0.44 | 0.70 | |
| Total Liabilities | 0.01 | 2.35 | 5.79 | 5.49 |
| 0.00 | 0.03 | 0.11 | 1.40 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.01 | 2.32 | 5.68 | 4.09 | |
| Total Assets | 0.01 | 2.35 | 5.79 | 5.49 |
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% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Sep - Submission of Copy of Newspaper Publication of Notice of 04th Annual General Meeting
- Reg. 34 (1) Annual Report. 5 Sep
- Corporate Action-Fixes Book Closure For 04Th Annual General Meeting 5 Sep
- 04Th Annual General Meeting Of The Members Of Shashwat Furnishing Solutions Limited Will Be Held On Monday, September 30, 2024 5 Sep
-
Board Meeting Outcome for Intimation Of Annual General Meeting Of The Members Of The Company And Outcome Of Board
Meeting As Per Regulation 30 Of SEBI (LODR,) 2015
5 Sep - Intimation of 4th AGM and board meeting outcomes.
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