Sanghi Industries Ltd
Sanghi Industries Limited is engaged in the manufacturing and marketing of cement and cement products in domestic and export markets. The Company’s manufacturing facilities are at Sanghipuram, Gujarat. The company sells in Gujarat, Rajasthan, Maharashtra and Kerala and International Markets of the Middle East, Africa and the Indian subcontinent. It also sells Ready Mix Concrete in Ahmedabad and Rajkot markets.[1]
- Market Cap ₹ 2,514 Cr.
- Current Price ₹ 97.3
- High / Low ₹ 156 / 82.9
- Stock P/E
- Book Value ₹ 43.0
- Dividend Yield 0.00 %
- ROCE -5.45 %
- ROE -34.1 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.99% over past five years.
- Company has a low return on equity of -15.5% 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: Cement Industry: Cement - North India
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,055 | 1,048 | 932 | 840 | 998 | 1,026 | 1,061 | 888 | 939 | 1,129 | 928 | 821 | |
854 | 851 | 775 | 689 | 799 | 811 | 907 | 695 | 696 | 938 | 942 | 899 | |
Operating Profit | 201 | 197 | 157 | 151 | 198 | 216 | 154 | 193 | 244 | 192 | -14 | -77 |
OPM % | 19% | 19% | 17% | 18% | 20% | 21% | 15% | 22% | 26% | 17% | -1% | -9% |
12 | 8 | 7 | -59 | 2 | 22 | 27 | 12 | 6 | 11 | 19 | 19 | |
Interest | 15 | 14 | 27 | 22 | 64 | 72 | 57 | 78 | 73 | 82 | 238 | 284 |
Depreciation | 145 | 148 | 106 | 54 | 73 | 72 | 71 | 62 | 64 | 64 | 93 | 107 |
Profit before tax | 53 | 44 | 31 | 16 | 63 | 93 | 53 | 65 | 113 | 57 | -326 | -449 |
Tax % | 13% | -14% | 0% | 2% | 0% | 0% | 0% | 0% | 31% | 28% | 0% | 0% |
46 | 50 | 31 | 16 | 63 | 93 | 53 | 65 | 78 | 41 | -326 | -449 | |
EPS in Rs | 2.09 | 2.25 | 1.39 | 0.73 | 2.87 | 3.72 | 2.10 | 2.60 | 3.12 | 1.62 | -12.61 | -17.37 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | -5% |
3 Years: | -4% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -36% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 9% |
3 Years: | 15% |
1 Year: | 8% |
Return on Equity | |
---|---|
10 Years: | -2% |
5 Years: | -7% |
3 Years: | -15% |
Last Year: | -34% |
Balance Sheet
Figures in Rs. Crores
Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 220 | 220 | 220 | 220 | 220 | 251 | 251 | 251 | 251 | 251 | 258 | 258 |
Reserves | 620 | 670 | 691 | 831 | 894 | 1,347 | 1,399 | 1,464 | 1,543 | 1,583 | 1,301 | 852 |
751 | 651 | 535 | 603 | 599 | 740 | 771 | 1,256 | 1,415 | 1,397 | 1,548 | 2,084 | |
290 | 217 | 314 | 366 | 352 | 316 | 394 | 433 | 395 | 589 | 602 | 434 | |
Total Liabilities | 1,881 | 1,757 | 1,760 | 2,020 | 2,066 | 2,654 | 2,816 | 3,404 | 3,604 | 3,820 | 3,710 | 3,628 |
1,381 | 1,266 | 1,238 | 1,478 | 1,452 | 1,509 | 1,605 | 1,706 | 1,652 | 3,163 | 3,117 | 3,185 | |
CWIP | 55 | 59 | 56 | 82 | 167 | 294 | 437 | 1,004 | 1,338 | 42 | 42 | 4 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
445 | 432 | 466 | 460 | 447 | 852 | 774 | 694 | 614 | 614 | 550 | 439 | |
Total Assets | 1,881 | 1,757 | 1,760 | 2,020 | 2,066 | 2,654 | 2,816 | 3,404 | 3,604 | 3,820 | 3,710 | 3,628 |
Cash Flows
Figures in Rs. Crores
Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
145 | 210 | 197 | 142 | 76 | 222 | 122 | 71 | 302 | 402 | -25 | -243 | |
-24 | -44 | -44 | -124 | -8 | -684 | -112 | -471 | -342 | -298 | 29 | 234 | |
-124 | -167 | -152 | -19 | -68 | 463 | -10 | 401 | 39 | -105 | -3 | 182 | |
Net Cash Flow | -3 | -0 | 0 | -0 | -0 | 0 | 0 | 2 | -1 | -1 | 1 | 172 |
Ratios
Figures in Rs. Crores
Jun 2013 | Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 9 | 4 | 6 | 8 | 9 | 11 | 15 | 16 | 19 | 30 | 20 | 0 |
Inventory Days | 561 | 729 | 863 | 811 | 891 | 1,814 | 1,500 | 1,612 | 308 | |||
Days Payable | 290 | 758 | 658 | 730 | 725 | 668 | 589 | 1,348 | 98 | |||
Cash Conversion Cycle | 9 | 275 | 6 | -21 | 214 | 93 | 181 | 1,163 | 930 | 294 | 20 | 210 |
Working Capital Days | 70 | 26 | -4 | -14 | 32 | 26 | 12 | 32 | 86 | 32 | -40 | -73 |
ROCE % | 4% | 4% | 4% | 6% | 8% | 8% | 5% | 5% | 6% | 4% | -3% | -5% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment
2d - Allotment of 8% Non-convertible Cumulative Redeemable Preference Shares (RPS) on Private Placement basis to Ambuja Cements Limited.
- Board Meeting Intimation for Consideration And Approval Of The Un-Audited Financial Results Of The Company For The Quarter Ended 30Th June, 2024. 16 Jul
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Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
16 Jul - About resignation of M/s. S. K. Mehta & Co. Chartered Accountants as Statutory Auditor of the Company.
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Announcement under Regulation 30 (LODR)-Allotment
9 Jul - Allotment of 8% Non-convertible Cumulative Redeemable Preference Shares (RPS) on Private Placement basis to Ambuja Cements Limited.
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Announcement under Regulation 30 (LODR)-Allotment
8 Jul - Allotment of 8% Non-convertible Cumulative Redeemable Preference Shares (RPS) on Private Placement basis to Ambuja Cements Limited.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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May 2024Transcript PPT
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Apr 2024TranscriptNotesPPT
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Apr 2024TranscriptNotesPPT
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May 2022TranscriptPPT
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Jun 2021TranscriptNotesPPT
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Jun 2021TranscriptNotesPPT
Product Portfolio Revenue Split FY23
The Co. manufactures Clinker & different types of Cement such as:
Ordinary Portland Cement (OPC) - 66%
Portland Pozzolana Cement (PPC)- 33%
Portland Slag Cement (PSC) - 1%. [1]