Sabar Flex India Ltd

Sabar Flex India Ltd

₹ 15.3 -1.92%
20 Dec - close price
About

Incorporated in 2018, Sabar Flex India Ltd is a manufacturer and supplier of flexible packaging solutions[1]

Key Points

Business Overview:[1]
SFIL is in the business of packaging products made from plastics catering to the packaging requirements of various industries. It deals in conversion of flexible packaging material and specializes in gravure printing and specialized fancy pouches. Company produces a wide range of custom designed laminate structures for primary packaging of products in solid, powder or liquid form in consumer packaging
and bulk packaging.

  • Market Cap 26.4 Cr.
  • Current Price 15.3
  • High / Low 30.3 / 10.9
  • Stock P/E 7.37
  • Book Value 19.7
  • Dividend Yield 0.00 %
  • ROCE 17.0 %
  • ROE 16.0 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.78 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -13.8%
  • Promoter holding is low: 25.0%
  • Company has a low return on equity of 12.9% 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.

Peer comparison

Sector: Packaging Industry: Packaging

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Half Yearly Results

Figures in Rs. Crores

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
28 44 34 61 38 88 61
26 42 31 59 34 83 58
Operating Profit 2 3 3 3 4 5 3
OPM % 7% 6% 8% 4% 11% 6% 5%
0 0 0 0 0 0 0
Interest 1 1 1 1 1 1 1
Depreciation 0 0 1 0 1 1 1
Profit before tax 1 1 1 1 2 4 1
Tax % 6% 6% 2% 17% 34% 24% 0%
1 1 1 1 2 3 1
EPS in Rs 0.59 0.86 0.61 0.60 1.08 1.58 0.50
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
36 64 74 72 95 126 149
34 60 69 67 90 117 141
Operating Profit 3 4 4 5 5 10 8
OPM % 7% 6% 6% 7% 6% 8% 5%
0 0 0 0 0 0 0
Interest 1 2 2 3 3 3 3
Depreciation 0 1 1 1 1 1 1
Profit before tax 1 1 2 2 2 6 4
Tax % 30% 25% 26% 6% 10% 28%
1 1 1 2 2 4 4
EPS in Rs 0.67 0.82 1.27 1.45 1.21 2.52 2.08
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 28%
3 Years: 20%
TTM: 50%
Compounded Profit Growth
10 Years: %
5 Years: 42%
3 Years: 46%
TTM: 42%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -27%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 13%
Last Year: 16%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 11 11 11 15 19 19
Reserves 1 2 3 4 7 13 15
14 20 24 25 26 22 24
10 8 14 12 7 9 13
Total Liabilities 35 41 52 51 54 64 71
9 8 9 10 13 12 12
CWIP 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0
26 33 43 42 40 52 59
Total Assets 35 41 52 51 54 64 71

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1 -4 -0 3 1 -1
-2 -0 -1 -2 -4 -0
2 4 2 -1 3 1
Net Cash Flow 0 -0 0 -0 0 -0

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 125 73 90 68 69 85
Inventory Days 193 117 125 148 86 70
Days Payable 129 42 44 48 16 9
Cash Conversion Cycle 189 149 172 168 139 146
Working Capital Days 160 134 133 144 125 120
ROCE % 11% 11% 11% 11% 17%

Shareholding Pattern

Numbers in percentages

9 Recently
Sep 2022Mar 2023Sep 2023Dec 2023Mar 2024Sep 2024
38.87% 38.87% 38.87% 30.64% 38.87% 25.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.38%
61.13% 61.13% 61.13% 69.36% 61.13% 74.60%
No. of Shareholders 219184139160147589

* 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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