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 ₹ 139 Cr.
- Current Price ₹ 170
- High / Low ₹ 344 / 131
- Stock P/E 21.2
- Book Value ₹ 50.0
- 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
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 16.15 | 38.85 | 62.32 | 82.56 | 82.26 | |
| 15.64 | 36.01 | 51.05 | 68.29 | 70.06 | |
| Operating Profit | 0.51 | 2.84 | 11.27 | 14.27 | 12.20 |
| OPM % | 3.16% | 7.31% | 18.08% | 17.28% | 14.83% |
| 0.02 | 0.21 | 0.67 | 0.57 | 0.92 | |
| Interest | 0.26 | 0.42 | 1.36 | 1.47 | 1.48 |
| Depreciation | 0.28 | 0.53 | 1.90 | 2.09 | 2.75 |
| Profit before tax | -0.01 | 2.10 | 8.68 | 11.28 | 8.89 |
| Tax % | 200.00% | 26.67% | 25.23% | 26.15% | |
| -0.03 | 1.53 | 6.48 | 8.33 | 6.58 | |
| EPS in Rs | -30.00 | 1,530.00 | 6,480.00 | 10.21 | 8.07 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 72% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 553% |
| TTM: | -6% |
| 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 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 8.16 | 8.16 |
| Reserves | -0.06 | 1.48 | 7.95 | 29.68 | 32.60 |
| 14.00 | 28.00 | 28.78 | 30.76 | 25.31 | |
| 3.63 | 10.25 | 13.53 | 15.91 | 8.44 | |
| Total Liabilities | 17.58 | 39.74 | 50.27 | 84.51 | 74.51 |
| 4.44 | 5.26 | 15.67 | 23.04 | 29.37 | |
| CWIP | 0.79 | 8.58 | 1.70 | 1.32 | 0.86 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 12.35 | 25.90 | 32.90 | 60.15 | 44.28 | |
| Total Assets | 17.58 | 39.74 | 50.27 | 84.51 | 74.51 |
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
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Presentation on financial results for H1 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 Nov - Details of the 'Shri Balaji Valve Components Ltd' H1 F.Y. 2024-25 ended on 30th September 2024 Earnings Discussion 'scheduled to be held on, Thursday, 21st …
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Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations)
15 Nov - No deviation in IPO fund utilization reported.
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Revised Submission Of Unaudited Financial Results For The Half Year Ended 30Th September, 2024 As Per Regulation 33 Of SEBI (LODR) Regulations, 2015.
10 Nov - Revised unaudited financial results for H1 2024 submitted.
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Submission Of Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2024 As Per Regulation 33 Of SEBI (LODR) Regulations, 2015.
9 Nov - Submission of unaudited financial results for H1 2024.
Concalls
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Nov 2024TranscriptNotesPPT
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.