Silicon Rental Solutions Ltd
Incorporated in 2016, Silicon Rental Solutions Ltd does trading and letting out on hire of Computers, Computer Software and Computer Accessories and other Equipment[1]
- Market Cap ₹ 188 Cr.
- Current Price ₹ 183
- High / Low ₹ 269 / 144
- Stock P/E 14.5
- Book Value ₹ 61.2
- Dividend Yield 0.55 %
- ROCE 33.7 %
- ROE 25.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 82.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.5%
- Debtor days have improved from 69.6 to 45.6 days.
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: Miscellaneous Industry: Miscellaneous
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
8 | 12 | 14 | 25 | 36 | 63 | |
3 | 4 | 4 | 5 | 6 | 24 | |
Operating Profit | 5 | 8 | 10 | 19 | 30 | 39 |
OPM % | 65% | 65% | 70% | 78% | 83% | 61% |
0 | -0 | -0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 0 | 0 | 1 | 0 |
Depreciation | 4 | 5 | 6 | 5 | 15 | 21 |
Profit before tax | 1 | 3 | 4 | 14 | 14 | 17 |
Tax % | 27% | 23% | 26% | 26% | 25% | 25% |
1 | 2 | 3 | 10 | 11 | 13 | |
EPS in Rs | 640.00 | 2,160.00 | 2,700.00 | 102.10 | 10.39 | 12.56 |
Dividend Payout % | 0% | 0% | 0% | 0% | 10% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 50% |
3 Years: | 66% |
TTM: | 74% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 82% |
3 Years: | 68% |
TTM: | 21% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 15% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 35% |
Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 1 | 10 | 10 |
Reserves | 2 | 6 | 9 | 16 | 41 | 53 |
4 | 4 | 5 | 17 | 2 | 6 | |
5 | 8 | 8 | 8 | 4 | 8 | |
Total Liabilities | 11 | 18 | 22 | 42 | 57 | 77 |
6 | 11 | 14 | 26 | 40 | 44 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
5 | 7 | 8 | 15 | 17 | 33 | |
Total Assets | 11 | 18 | 22 | 42 | 57 | 77 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
5 | 8 | 10 | 15 | 19 | 21 | |
-5 | -7 | -9 | -21 | -29 | -25 | |
0 | -0 | 2 | 12 | 8 | 2 | |
Net Cash Flow | -0 | 0 | 3 | 6 | -2 | -2 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 154 | 140 | 121 | 84 | 80 | |
Inventory Days | 0 | |||||
Days Payable | ||||||
Cash Conversion Cycle | 154 | 140 | 121 | 84 | 80 | |
Working Capital Days | -55 | -52 | -85 | -20 | 64 | |
ROCE % | 39% | 32% | 59% | 35% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Credit Rating
3h - Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Credit Rating
- Results For The Financial Year Ended On 31St March, 2024 30 May
- Board Meeting Outcome for Outcome Of The Board Meeting 30 May
- Update on board meeting 18 May
- Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On Thursday, 30Th May, 2024 Pursuant To Regulation 29 Of SEBI (LODR) Regulations, 2015 18 May
Annual reports
Concalls
-
Nov 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Nov 2022Transcript PPT
Business Overview:[1]
SRSL is an IT Equipment outsourcing company which provides end to end IT equipment like laptops, desktops, printers, servers and other peripherals like CCTV cameras, projectors, storage devices etc. on a rental and returnable basis. Company also sells the IT equipment to clients. Additionally, it offers complete networking project solutions with Cat 6E Cabling, Server setup, firewalls, CCTV, etc.