Sai Swami Metals and Alloys Ltd

Sai Swami Metals and Alloys Ltd

₹ 48.0 -2.20%
21 Nov - close price
About

Incorporated in 1995, Sai Swami Metals and Alloys manufactures and trades stainless Steel Cookware & appliances[1]

Key Points

Business Overview:[1][2]
SSMAL is involved in trading and marketing
of stainless-steel products. It provides a wide range of kitchenware, including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils.
Company is also engaged in trading of basic raw material like S.S. Patta, S.S. Sheet, S.S.
Coil, $.5. Scrap, S.S. Pipe, M.S. Round (Mild steel Round) and M.S. beam, etc.

  • Market Cap 31.7 Cr.
  • Current Price 48.0
  • High / Low 120 / 0.00
  • Stock P/E 11.1
  • Book Value 34.9
  • Dividend Yield 0.00 %
  • ROCE 34.0 %
  • ROE 57.8 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 412 to 41.6 days.
  • Company's working capital requirements have reduced from 215 days to 95.9 days

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: Consumer Durables Industry: Domestic Appliances

Part of BSE SME IPO

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Sep 2023 Mar 2024 Sep 2024
6.27 26.81 13.92 22.82
6.23 25.22 12.08 20.40
Operating Profit 0.04 1.59 1.84 2.42
OPM % 0.64% 5.93% 13.22% 10.60%
0.00 0.00 0.00 0.00
Interest 0.01 0.22 0.23 0.13
Depreciation 0.00 0.04 0.05 0.03
Profit before tax 0.03 1.33 1.56 2.26
Tax % 0.00% 25.56% 25.00% 25.66%
0.03 0.98 1.18 1.68
EPS in Rs 30.00 2.38 2.87 2.54
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 7m Mar 2024 TTM
6.27 40.73 36.74
6.23 37.29 32.48
Operating Profit 0.04 3.44 4.26
OPM % 0.64% 8.45% 11.59%
0.00 0.00 0.00
Interest 0.01 0.46 0.36
Depreciation 0.00 0.09 0.08
Profit before tax 0.03 2.89 3.82
Tax % 0.00% 25.26%
0.03 2.16 2.86
EPS in Rs 30.00 5.25 5.41
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 183%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 58%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 4.12 6.62
Reserves 0.35 2.99 16.48
6.75 5.47 10.04
18.72 7.53 9.28
Total Liabilities 25.83 20.11 42.42
0.41 0.35 0.32
CWIP 0.00 0.00 0.00
Investments 0.13 0.59 0.92
25.29 19.17 41.18
Total Assets 25.83 20.11 42.42

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
-4.74 -1.20
-1.20 -0.49
6.10 2.36
Net Cash Flow 0.16 0.67

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024
Debtor Days 781.81 41.58
Inventory Days 526.31 135.05
Days Payable 844.21 68.69
Cash Conversion Cycle 463.91 107.94
Working Capital Days 334.73 95.89
ROCE % 34.03%

Shareholding Pattern

Numbers in percentages

3 Recently
May 2024Sep 2024
62.15% 62.15%
0.45% 0.00%
0.12% 0.00%
37.28% 37.85%
No. of Shareholders 1,144885

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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