Siyaram Recycling Industries Ltd
₹ 170
-2.72%
21 Nov
- close price
About
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]
Key Points
- Market Cap ₹ 319 Cr.
- Current Price ₹ 170
- High / Low ₹ 184 / 55.0
- Stock P/E 29.1
- Book Value ₹ 44.9
- Dividend Yield 0.00 %
- ROCE 13.5 %
- ROE 12.2 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.78 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -9.68%
- Company has a low return on equity of 12.7% 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 139 | 423 | 492 | 413 | 444 | |
| 135 | 418 | 481 | 396 | 422 | |
| Operating Profit | 4 | 6 | 11 | 17 | 21 |
| OPM % | 3% | 1% | 2% | 4% | 5% |
| 1 | 3 | 5 | 1 | 2 | |
| Interest | 2 | 2 | 4 | 7 | 7 |
| Depreciation | 1 | 2 | 2 | 1 | 1 |
| Profit before tax | 2 | 4 | 10 | 10 | 15 |
| Tax % | 27% | 29% | 31% | 26% | |
| 1 | 3 | 7 | 8 | 11 | |
| EPS in Rs | 1.03 | 2.33 | 5.19 | 4.00 | 5.83 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 74% |
| TTM: | 286% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 19 | 19 |
| Reserves | 22 | 25 | 32 | 58 | 66 |
| 29 | 28 | 67 | 59 | 71 | |
| 33 | 32 | 38 | 34 | 43 | |
| Total Liabilities | 98 | 99 | 151 | 170 | 198 |
| 7 | 8 | 7 | 6 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 91 | 91 | 144 | 164 | 193 | |
| Total Assets | 98 | 99 | 151 | 170 | 198 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 7 | 11 | -35 | -4 | |
| -2 | -2 | -1 | -1 | |
| -6 | -6 | 34 | 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 | 26 |
| Inventory Days | 119 | 48 | 63 | 117 |
| Days Payable | 86 | 26 | 22 | 17 |
| Cash Conversion Cycle | 145 | 50 | 66 | 125 |
| Working Capital Days | 149 | 49 | 78 | 110 |
| ROCE % | 11% | 16% | 14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 Nov - Siyaram Recycling announces H1 FY25 financial results.
-
Announcement under Regulation 30 (LODR)-Allotment
14 Nov - Allotment of 29,91,712 equity shares at ₹118 each.
-
Submission Of Standalone Unaudited Financial Results For The Half Year Ended On
30.09.2024 And Disclosure Pursuant To Regulation 33 Of SEBI (LODR) Regulations, 2015
14 Nov - Submission of standalone unaudited financial results for H1 2024.
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today On 14Th November, 2024
14 Nov - Approval of financial results and preferential share allotment.
-
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Thursday, 14Th November, 2024
11 Nov - Board meeting on 14th November to discuss financial results.
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).