Salora International Ltd

Salora International Ltd

₹ 62.1 -0.67%
04 Jul 4:01 p.m.
About

Incorporated in 1986, Salora International Ltd is engaged in the business of Consumer Electronics, Telecom, Information Technology and Lifestyle and caters to both retail and B2B space.

Key Points

Product Portfolio:[1][2]
Presently, company is focusing on manufacturing of consumer electronics and trading through E-commerce.
a) Arya Phones & uWear
b) Smart Phone & Feature Phones
c) Accessories
d) Tablets
e) 3G Dongle
f) LED
g) Multimedia Speaker
h) CTV
i) Q'BON Glassware Catalog
j) Q'BON Melamine ware Catalog
k) CE Components
l) Home Appliances

  • Market Cap 54.7 Cr.
  • Current Price 62.1
  • High / Low 80.4 / 33.4
  • Stock P/E
  • Book Value 64.0
  • Dividend Yield 0.00 %
  • ROCE -1.72 %
  • ROE -3.64 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.97 times its book value
  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 106 days to 47.8 days

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -8.82% over last 3 years.
  • Contingent liabilities of Rs.61.2 Cr.

* 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: Retail Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
29.02 17.40 14.94 29.65 8.09 10.52 46.90 35.55 23.10 35.75 43.09 46.91 33.38
31.19 18.45 16.11 30.33 16.30 11.25 47.49 36.32 24.14 36.77 43.43 46.66 33.95
Operating Profit -2.17 -1.05 -1.17 -0.68 -8.21 -0.73 -0.59 -0.77 -1.04 -1.02 -0.34 0.25 -0.57
OPM % -7.48% -6.03% -7.83% -2.29% -101.48% -6.94% -1.26% -2.17% -4.50% -2.85% -0.79% 0.53% -1.71%
0.35 0.05 -2.96 1.22 44.09 0.03 0.05 -6.19 -1.33 0.06 0.10 0.28 0.17
Interest 1.13 1.53 0.93 0.36 0.31 0.24 0.27 0.29 0.28 0.27 0.28 0.45 0.49
Depreciation 0.13 0.11 0.11 0.12 0.09 0.04 0.05 0.05 0.05 0.05 0.05 0.05 0.05
Profit before tax -3.08 -2.64 -5.17 0.06 35.48 -0.98 -0.86 -7.30 -2.70 -1.28 -0.57 0.03 -0.94
Tax % 21.43% 24.62% 24.95% 33.33% 15.81% 24.49% 29.07% 25.21% 20.00% 25.00% 22.81% 0.00% 24.47%
-2.42 -1.99 -3.87 0.04 29.87 -0.74 -0.61 -5.46 -2.16 -0.96 -0.44 0.02 -0.71
EPS in Rs -2.75 -2.26 -4.39 0.05 33.92 -0.84 -0.69 -6.20 -2.45 -1.09 -0.50 0.02 -0.81
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
367 395 295 312 322 128 176 169 88 70 116 159
356 388 286 305 318 133 170 172 91 81 119 161
Operating Profit 11 7 9 7 4 -5 6 -3 -4 -11 -3 -2
OPM % 3% 2% 3% 2% 1% -4% 3% -2% -5% -16% -3% -1%
2 5 1 0 3 0 0 -0 -5 42 -7 1
Interest 8 7 6 6 7 7 7 7 6 3 1 1
Depreciation 4 4 3 3 2 2 2 2 1 0 0 0
Profit before tax 1 1 0 -1 -2 -14 -3 -13 -16 28 -12 -3
Tax % -190% -57% 10% 39% 27% 29% -50% -5% 27% 13% 24% 25%
2 2 0 -1 -2 -10 -5 -14 -11 24 -9 -2
EPS in Rs 2.83 1.73 0.41 -0.99 -1.99 -11.41 -5.54 -15.37 -12.96 27.31 -10.18 -2.37
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -9%
5 Years: -2%
3 Years: 22%
TTM: 37%
Compounded Profit Growth
10 Years: -7%
5 Years: 9%
3 Years: 18%
TTM: -61%
Stock Price CAGR
10 Years: 4%
5 Years: 43%
3 Years: 14%
1 Year: 72%
Return on Equity
10 Years: -7%
5 Years: -12%
3 Years: -9%
Last Year: -4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 104 105 105 104 75 65 60 46 35 59 50 48
41 44 44 38 55 57 66 66 69 17 18 16
47 27 23 45 29 19 43 27 25 13 6 6
Total Liabilities 201 186 181 197 167 149 177 147 138 98 82 78
35 33 29 28 25 24 22 20 8 1 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 8 4 3 3 3 3 3 0 0 0 0 0
158 149 148 166 138 121 152 127 130 97 81 77
Total Assets 201 186 181 197 167 149 177 147 138 98 82 78

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
16 -1 5 12 -11 4 -3 4 -3 4 -10 4
-1 6 -0 -1 -0 -0 -0 3 6 52 9 -0
-15 -4 -5 -10 11 -4 3 -7 -2 -55 -0 -4
Net Cash Flow -0 1 -1 0 -0 -0 -0 0 0 1 -1 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 76 67 89 76 51 46 91 48 91 39 26 13
Inventory Days 42 39 54 62 63 184 123 111 207 169 70 42
Days Payable 41 21 20 52 30 46 88 47 97 55 13 7
Cash Conversion Cycle 77 84 123 86 84 184 125 111 201 153 83 48
Working Capital Days 101 103 142 107 85 180 133 115 195 189 83 48
ROCE % 6% 3% 4% 3% 3% -6% 3% -4% -3% -9% -4%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.72% 66.72% 66.72% 66.72% 66.92% 66.92% 67.26% 68.88% 73.76% 73.76% 73.76% 73.76%
0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
33.27% 33.27% 33.27% 33.27% 33.08% 33.07% 32.74% 31.12% 26.25% 26.24% 26.24% 26.25%
No. of Shareholders 3,6073,5443,6973,5663,5683,6023,6423,6423,7093,7783,7973,794

* 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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