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 ₹ 254 Cr.
- Current Price ₹ 247
- High / Low ₹ 292 / 144
- Stock P/E 19.5
- Book Value ₹ 68.2
- Dividend Yield 0.40 %
- ROCE 29.2 %
- ROE 22.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 82.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.5%
Cons
- Company has high debtors of 152 days.
- Working capital days have increased from 53.0 days to 115 days
* 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 8 | 12 | 14 | 25 | 36 | 63 | 94 | |
| 3 | 4 | 4 | 5 | 6 | 24 | 50 | |
| Operating Profit | 5 | 8 | 10 | 19 | 30 | 39 | 44 |
| OPM % | 65% | 65% | 70% | 78% | 82% | 61% | 47% |
| 0 | -0 | -0 | 0 | 0 | 0 | -0 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 0 | 1 |
| Depreciation | 4 | 5 | 6 | 5 | 15 | 21 | 25 |
| Profit before tax | 1 | 3 | 4 | 14 | 14 | 17 | 18 |
| Tax % | 27% | 23% | 26% | 26% | 24% | 25% | |
| 1 | 2 | 3 | 10 | 11 | 13 | 13 | |
| EPS in Rs | 640.00 | 2,160.00 | 2,700.00 | 102.10 | 10.39 | 12.56 | 12.68 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 10% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 66% |
| TTM: | 119% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 82% |
| 3 Years: | 68% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 56% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 33% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 1 | 10 | 10 | 10 |
| Reserves | 2 | 6 | 9 | 16 | 41 | 53 | 60 |
| 4 | 4 | 5 | 17 | 2 | 6 | 14 | |
| 5 | 8 | 8 | 8 | 4 | 8 | 19 | |
| Total Liabilities | 11 | 18 | 22 | 42 | 57 | 77 | 103 |
| 6 | 11 | 14 | 26 | 40 | 44 | 56 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 5 | 7 | 8 | 15 | 17 | 33 | 47 | |
| Total Assets | 11 | 18 | 22 | 42 | 57 | 77 | 103 |
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 | 152 |
| Inventory Days | 0 | 0 | ||||
| Days Payable | ||||||
| Cash Conversion Cycle | 154 | 140 | 121 | 84 | 80 | 152 |
| Working Capital Days | -55 | -52 | -85 | -20 | 64 | 115 |
| ROCE % | 39% | 32% | 59% | 34% | 29% |
Documents
Announcements
-
Outcome Of The Board Meeting Held On November 14, 2024 Pursuant To Regulation 30 Of SEBI (Listing
Obligations And Disclosure Requirements) Regulations, 2015
14 Nov - Board approved unaudited financial results for H1 2024.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On November 14, 2024 Pursuant To Regulation 30 Of SEBI (Listing
Obligations And Disclosure Requirements) Regulations, 2015
14 Nov - Board approved unaudited financial results for H1 2024.
-
Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On November 14, 2024 Pursuant To Regulation 29 Of SEBI (LODR) Regulations, 2015
8 Nov - Board meeting scheduled for November 14, 2024.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 24 Oct
- Shareholder Meeting / Postal Ballot-Outcome of EGM 23 Oct
Annual reports
Concalls
-
Sep 2024TranscriptNotesPPT
-
Nov 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Nov 2022Transcript PPT
Business Overview:[1]
SRSL is an IT Equipment outsourcing company that 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. The company also sells the IT equipment to clients. Additionally, it offers complete networking project solutions with Cat 6E Cabling, Server setup, firewalls, CCTV, etc.