Shri Balaji Valve Components Ltd
Founded in November 2011, Shri Balaji Valve Components Ltd. produces valve components for ball valves, butterfly valves, and other valves, including forged products.[1]
- Market Cap ₹ 212 Cr.
- Current Price ₹ 260
- High / Low ₹ 344 / 131
- Stock P/E 25.6
- Book Value ₹ 46.4
- Dividend Yield 0.00 %
- ROCE 24.1 %
- ROE 36.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 57.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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: Capital Goods-Non Electrical Equipment Industry: Engineering
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 16.15 | 38.85 | 62.32 | 82.56 | |
| 15.64 | 36.01 | 51.05 | 68.29 | |
| Operating Profit | 0.51 | 2.84 | 11.27 | 14.27 |
| OPM % | 3.16% | 7.31% | 18.08% | 17.28% |
| 0.02 | 0.21 | 0.67 | 0.57 | |
| Interest | 0.26 | 0.42 | 1.36 | 1.47 |
| Depreciation | 0.28 | 0.53 | 1.90 | 2.09 |
| Profit before tax | -0.01 | 2.10 | 8.68 | 11.28 |
| Tax % | 200.00% | 26.67% | 25.23% | 26.15% |
| -0.03 | 1.53 | 6.48 | 8.33 | |
| EPS in Rs | -30.00 | 1,530.00 | 6,480.00 | 10.21 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 72% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 553% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 58% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 8.16 |
| Reserves | -0.06 | 1.48 | 7.95 | 29.68 |
| 14.00 | 28.00 | 28.78 | 30.76 | |
| 3.63 | 10.25 | 13.53 | 15.91 | |
| Total Liabilities | 17.58 | 39.74 | 50.27 | 84.51 |
| 4.44 | 5.26 | 15.67 | 23.04 | |
| CWIP | 0.79 | 8.58 | 1.70 | 1.32 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 12.35 | 25.90 | 32.90 | 60.15 | |
| Total Assets | 17.58 | 39.74 | 50.27 | 84.51 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -7.60 | -3.32 | 5.69 | -5.38 | |
| -2.76 | -8.93 | -4.87 | -11.72 | |
| 10.37 | 13.58 | -0.58 | 22.11 | |
| Net Cash Flow | 0.01 | 1.33 | 0.25 | 5.01 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 163.40 | 139.42 | 105.01 | 134.62 |
| Inventory Days | 124.66 | 94.74 | 82.76 | 87.40 |
| Days Payable | 104.82 | 123.99 | 93.62 | 76.91 |
| Cash Conversion Cycle | 183.24 | 110.17 | 94.15 | 145.12 |
| Working Capital Days | 195.27 | 134.63 | 103.08 | 149.17 |
| ROCE % | 11.60% | 30.32% | 24.11% |
Documents
Announcements
- Closure of Trading Window 2h
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 15 Sep
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
15 Sep - Submission of Scrutinizers Report for AGM voting results.
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
14 Sep - Re-appointment of statutory auditor for five years.
- Proceedings Of The 13TH Annual General Meeting Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015. 14 Sep
Product Portfolio[1]
The company produces various valve components such as balls, spindles, valve bodies, ports, trunnions, flanges, housings, rings, shafts, hoods, discs, and sleeves. These are used in different valves such as ball valves, butterfly valves, control valves, gate valves, and check valves which are essential for controlling the flow of liquids and gases in sectors like oil and gas, water treatment, and chemical processing. The company manufactures valves sized from ½ inch to 60 inches.