Siyaram Recycling Industries Ltd
Incorporated in 2007, Siyaram Recycling Industries Ltd's main activities include segregating brass scrap, manufacturing brass ingots, billets, and brass rods, and producing brass-based components[1]
- Market Cap ₹ 134 Cr.
- Current Price ₹ 71.5
- High / Low ₹ 144 / 55.0
- Stock P/E 17.9
- Book Value ₹ 40.8
- Dividend Yield 0.00 %
- ROCE 14.8 %
- ROE 16.2 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Non Ferrous Metals Industry: Mining / Minerals / Metals
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 139 | 423 | 492 | 413 | |
| 135 | 418 | 481 | 396 | |
| Operating Profit | 4 | 6 | 12 | 17 |
| OPM % | 3% | 1% | 2% | 4% |
| 1 | 3 | 5 | 1 | |
| Interest | 2 | 2 | 4 | 7 |
| Depreciation | 1 | 2 | 2 | 1 |
| Profit before tax | 2 | 4 | 11 | 10 |
| Tax % | 27% | 29% | 29% | 26% |
| 1 | 3 | 8 | 8 | |
| EPS in Rs | 1.03 | 2.33 | 5.54 | 4.00 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| TTM: | -16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 74% |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 19 |
| Reserves | 22 | 25 | 33 | 58 |
| 29 | 28 | 67 | 59 | |
| 33 | 32 | 38 | 34 | |
| Total Liabilities | 98 | 99 | 151 | 170 |
| 7 | 8 | 7 | 6 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 91 | 91 | 144 | 164 | |
| Total Assets | 98 | 99 | 151 | 170 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 7 | 11 | -28 | -4 | |
| -2 | -2 | -1 | -1 | |
| -6 | -6 | 28 | 5 | |
| Net Cash Flow | -1 | 2 | -1 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 112 | 29 | 26 | |
| Inventory Days | 119 | 48 | 63 | |
| Days Payable | 86 | 26 | 22 | |
| Cash Conversion Cycle | 145 | 50 | 66 | |
| Working Capital Days | 149 | 49 | 78 | |
| ROCE % | 11% | 17% |
Documents
Announcements
- Award From TIMES REALTY & INFRASTRUCTURE CONCLAVE In The Field Of Excellence In Brass Recycling (Non- Metro). 11 Jun
-
Announcement under Regulation 30 (LODR)-Change in Management
28 May - Announcement Under Reg 30 (LODR) for Appointment of M/s. Kalpit Shah & Associates as Cost Auditor of the Company for the F.Y. 2024-25
-
Announcement under Regulation 30 (LODR)-Change in Management
28 May - Announcement Under Reg 30 (LODR) for Appointment of CA Prafulla Rani Chode as Internal Auditors of the Company for F.Y. 2024-25
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Announcement under Regulation 30 (LODR)-Change in Management
28 May - Announcement Under Reg 30 (LODR) for Appointment of M/s. Murtuza Mandorwala & Associates as Secretarial Auditor of the Company for F.Y. 2024-25
- Statement Of Deviation Or Variation In The Use Of Proceeds Of Equity Issue For The Quarter Ended March 31, 2024 28 May
Annual reports
No data available.
Business Segments[1]
a)Segregation of brass scrap,
b) Manufacturing of brass ingots, billets, and brass rods
c) Manufacturing of brass-based components (plumbing and sanitary parts).