Sandesh Ltd

Sandesh Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sandesh Ltd

₹ 1,650 1.59%
26 Dec 3:40 p.m.
sandesh.com BSE: 526725 NSE: SANDESH
About

Incorporated in 1943, Sandesh Ltd is in
the business of editing, printing, and publishing newspapers and periodicals, and also runs a Gujarati news channel[1]

Key Points

Business Overview:[1][2]
TSL, part of the Sandesh group, is one of the top three print media players in Gujarat and publishes the Gujarati daily newspaper Sandesh. With printing presses in Ahmedabad, Vadodara, Surat, Rajkot, Bhavnagar, and Bhuj, it circulates across Gujarat and Mumbai. The company also runs the Gujarati TV news channel "Sandesh Telecast" and offers an e-paper via its web portal and mobile app.

Website BSE NSE
  • Market Cap ₹ 1,249 Cr.
  • Current Price ₹ 1,650
  • High / Low ₹ 2,058 / 1,071
  • Stock P/E 5.74
  • Book Value ₹ 1,784
  • Dividend Yield 0.31 %
  • ROCE 20.8 %
  • ROE 16.3 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Stock is trading at 0.93 times its book value
  • Company has delivered good profit growth of 23.8% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of -5.13% over past five years.
  • Company has a low return on equity of 11.7% over last 3 years.
  • Earnings include an other income of Rs.214 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: Media - Print/Television/Radio Industry: Entertainment / Electronic Media Software

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
74 78 104 82 82 100 77 72 72 91 86 69 71
45 56 90 67 58 66 70 56 58 66 61 53 55
Operating Profit 28 22 14 15 24 34 7 16 14 25 26 16 16
OPM % 39% 28% 13% 19% 29% 34% 9% 22% 20% 28% 30% 23% 22%
6 9 25 5 34 12 8 29 21 50 66 50 48
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 2 2 1 1 1 1 2 2 2 2 2 2 2
Profit before tax 32 29 37 19 56 45 13 44 34 73 90 64 61
Tax % 29% 23% 22% 31% 21% 26% 17% 24% 23% 21% 20% 21% 38%
23 22 29 13 44 33 11 33 26 58 72 50 38
EPS in Rs 30.44 29.57 38.52 17.48 58.19 43.72 14.59 43.69 34.23 76.20 95.01 66.70 50.45
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
238 264 375 356 377 419 343 274 309 341 322 316
243 249 247 249 258 331 273 198 232 246 240 234
Operating Profit -5 15 128 106 119 88 71 76 76 95 82 82
OPM % -2% 6% 34% 30% 32% 21% 21% 28% 25% 28% 25% 26%
27 32 4 15 16 21 15 49 48 45 166 214
Interest 1 4 2 1 0 0 0 0 0 0 0 0
Depreciation 4 5 8 8 9 9 8 7 6 6 7 7
Profit before tax 16 38 123 113 126 99 77 117 118 134 241 289
Tax % 44% 32% 35% 36% 34% 35% 21% 23% 24% 24% 22%
9 26 80 73 83 65 61 90 90 101 189 218
EPS in Rs 105.56 96.19 109.44 85.62 80.72 118.87 118.68 133.97 249.15 288.36
Dividend Payout % 25% 10% 5% 5% 5% 6% 6% 4% 4% 4% 2%
Compounded Sales Growth
10 Years: %
5 Years: -5%
3 Years: 6%
TTM: -2%
Compounded Profit Growth
10 Years: %
5 Years: 24%
3 Years: 29%
TTM: 112%
Stock Price CAGR
10 Years: 13%
5 Years: 23%
3 Years: 30%
1 Year: 46%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 12%
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 8 8 8 8 8 8 8 8 8 8
Reserves 172 195 563 584 662 723 779 881 943 1,047 1,254 1,343
0 54 14 2 0 0 0 0 0 0 0 0
60 86 118 95 87 70 55 75 64 62 87 111
Total Liabilities 241 344 702 688 758 800 842 964 1,014 1,117 1,349 1,461
57 53 73 126 138 132 128 120 110 112 110 109
CWIP 0 0 0 11 0 0 0 0 0 0 1 1
Investments 15 7 393 287 392 504 428 512 512 666 977 1,171
169 284 237 265 228 164 285 332 392 340 261 181
Total Assets 241 344 702 688 758 800 842 964 1,014 1,117 1,349 1,461

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-10 -56 99 98 78 48 -90 49 22 84 154
2 8 -39 -33 -110 -102 85 -40 33 -106 -130
14 47 -4 -17 -7 -5 -5 -4 -4 -4 -4
Net Cash Flow 6 -1 57 49 -38 -58 -10 4 51 -26 20

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 41 48 62 68 69 64 72 68 50 43 55
Inventory Days 70 58 68 128 128 48 66 125 132 47 61
Days Payable 57 82 38 37 51 24 18 87 27 27 33
Cash Conversion Cycle 55 24 92 158 146 89 120 106 155 64 83
Working Capital Days 157 263 16 50 56 59 216 138 144 98 121
ROCE % 19% 19% 20% 14% 10% 14% 11% 13% 21%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.05% 0.16%
25.18% 25.18% 25.18% 25.19% 25.19% 25.18% 25.20% 25.19% 25.19% 25.17% 25.14% 25.02%
No. of Shareholders 5,6165,5315,6565,5625,5846,1355,9665,9345,6296,4436,3436,951

* 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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