Sanstar Ltd
We are one of the major manufacturers of plant based speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications, with an installed capacity of 1,100 metric tons per day.
- Market Cap ₹ 2,023 Cr.
- Current Price ₹ 111
- High / Low ₹ 159 / 105
- Stock P/E 30.3
- Book Value ₹ 37.0
- Dividend Yield 0.00 %
- ROCE 48.5 %
- ROE 53.0 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.0%
- Company's working capital requirements have reduced from 26.3 days to 19.8 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
261 | 310 | 504 | 760 | 1,067 | |
243 | 273 | 464 | 688 | 969 | |
Operating Profit | 19 | 37 | 40 | 71 | 98 |
OPM % | 7% | 12% | 8% | 9% | 9% |
0 | 0 | 0 | 1 | 14 | |
Interest | 11 | 12 | 9 | 9 | 11 |
Depreciation | 7 | 9 | 9 | 9 | 12 |
Profit before tax | 1 | 16 | 22 | 54 | 90 |
Tax % | 167% | 15% | 28% | 24% | 26% |
-1 | 14 | 16 | 41 | 67 | |
EPS in Rs | -0.24 | 4.72 | 5.40 | 13.81 | 4.75 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 51% |
TTM: | 40% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 70% |
TTM: | 64% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 40% |
Last Year: | 53% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2024 | |
---|---|---|---|---|---|
Equity Capital | 30 | 30 | 30 | 30 | 36 |
Reserves | 26 | 40 | 56 | 96 | 638 |
112 | 102 | 85 | 81 | 67 | |
39 | 26 | 37 | 49 | 73 | |
Total Liabilities | 207 | 197 | 207 | 257 | 815 |
148 | 140 | 133 | 160 | 196 | |
CWIP | 0 | 1 | 3 | 1 | 43 |
Investments | 0 | 0 | 0 | 0 | 0 |
58 | 56 | 71 | 95 | 577 | |
Total Assets | 207 | 197 | 207 | 257 | 815 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
8 | 30 | 30 | 53 | 28 | |
-3 | -2 | -4 | -34 | -37 | |
-4 | -29 | -25 | -13 | 5 | |
Net Cash Flow | 1 | -1 | 0 | 5 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 44 | 25 | 29 | 20 | |
Inventory Days | 25 | 24 | 12 | 8 | |
Days Payable | 49 | 16 | 17 | 12 | |
Cash Conversion Cycle | 20 | 33 | 24 | 15 | |
Working Capital Days | 27 | 47 | 31 | 28 | |
ROCE % | 17% | 18% | 33% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper Publication of Unaudited Financial Results of the company for the second quarter and half year ended 30th September, 2024
-
Statement Of Deviation(S) Or Variation(S) Of Funds Under Regulation 32 Of The SEBI (LODR) Regulations, 2015, For The Quarter Ended September 30, 2024
14 Nov - Statement confirming no deviation in IPO fund utilization.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Nov - Monitoring Agency Report for Q2 FY 2024-25.
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Board Meeting Outcome for Board Meeting Outcome For Outcome Of Board Meeting Held On November 14, 2024
14 Nov - Approved standalone un-audited financial results for Q2 2024.
- Results- Financial Results For September, 30 2024 14 Nov
Market Position[1] The Company is the third largest manufacturer of maize-based specialty products and ingredient solutions in India. Their revenues have grown at a CAGR of 45% between FY22 - FY24.[2]