Sarda Energy & Minerals Ltd

Sarda Energy & Minerals Ltd

₹ 233 0.39%
03 Jul 11:44 a.m.
About

Incorporated in 1973, Sarda Energy & Minerals Limited (SEML) is the flagship company of Sarda Group and is engaged in the production of steel, ferro alloys and power. [1]

Key Points

Product Portfolio
The Co. offers a wide range of products that include Wires Rods, HB Wires, Ferro Alloys, Pellets, Sponge Iron, and Billets. [1]

  • Market Cap 8,216 Cr.
  • Current Price 233
  • High / Low 284 / 143
  • Stock P/E 17.6
  • Book Value 99.8
  • Dividend Yield 0.32 %
  • ROCE 18.4 %
  • ROE 14.1 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

  • Earnings include an other income of Rs.185 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: Steel Industry: Steel - Medium / Small

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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
551 619 592 671 761 819 688 698 816 760 646 657 670
408 414 401 473 477 554 495 520 610 619 540 527 534
Operating Profit 143 205 191 198 284 266 193 177 205 141 106 131 136
OPM % 26% 33% 32% 30% 37% 32% 28% 25% 25% 19% 16% 20% 20%
22 -3 51 -1 27 -32 61 41 17 80 37 37 30
Interest 8 7 5 3 7 4 4 4 5 4 5 4 5
Depreciation 12 12 13 13 15 16 16 17 17 16 16 16 16
Profit before tax 145 182 224 181 289 214 233 198 202 202 123 147 144
Tax % 23% 26% 21% 26% 26% 29% 20% 23% 26% 21% 25% 24% 30%
111 134 177 134 215 152 186 151 149 159 93 113 101
EPS in Rs 3.09 3.72 4.91 3.72 5.96 4.23 5.28 4.29 4.22 4.52 2.63 3.20 2.87
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
1,384 1,271 1,379 1,041 1,026 1,476 1,653 1,424 1,595 2,642 3,020 2,733
1,112 1,042 1,083 919 855 1,175 1,279 1,184 1,223 1,764 2,179 2,219
Operating Profit 272 228 296 122 171 301 374 240 372 878 841 514
OPM % 20% 18% 21% 12% 17% 20% 23% 17% 23% 33% 28% 19%
15 32 -87 40 80 53 32 61 93 75 87 185
Interest 63 63 59 56 42 36 35 36 34 22 16 18
Depreciation 64 63 68 51 47 49 50 51 48 54 66 64
Profit before tax 160 134 82 56 162 269 321 214 382 877 847 617
Tax % 22% 44% 32% 33% 19% 30% 33% 15% 22% 25% 25% 24%
125 75 56 37 131 188 215 182 297 660 638 466
EPS in Rs 3.47 2.10 1.55 1.04 3.64 5.21 5.96 5.06 8.23 18.30 18.12 13.22
Dividend Payout % 9% 14% 19% 48% 11% 10% 8% 10% 9% 4% 8% 8%
Compounded Sales Growth
10 Years: 8%
5 Years: 11%
3 Years: 20%
TTM: -10%
Compounded Profit Growth
10 Years: 20%
5 Years: 17%
3 Years: 15%
TTM: -27%
Stock Price CAGR
10 Years: 23%
5 Years: 60%
3 Years: 54%
1 Year: 62%
Return on Equity
10 Years: 16%
5 Years: 19%
3 Years: 21%
Last Year: 14%

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 36 36 36 36 36 36 36 36 36 36 35 35
Reserves 884 949 995 1,028 1,160 1,333 1,530 1,695 1,975 2,607 3,067 3,481
661 628 527 399 397 325 295 391 270 171 139 134
181 232 221 205 203 268 220 260 309 362 263 240
Total Liabilities 1,762 1,844 1,780 1,668 1,795 1,962 2,081 2,382 2,590 3,175 3,504 3,891
754 728 690 621 579 575 570 543 528 589 595 582
CWIP 65 65 39 36 30 31 27 35 66 68 28 46
Investments 403 412 451 500 576 692 721 849 913 1,161 1,102 1,401
541 639 601 510 611 664 762 956 1,084 1,357 1,780 1,861
Total Assets 1,762 1,844 1,780 1,668 1,795 1,962 2,081 2,382 2,590 3,175 3,504 3,891

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
276 139 128 318 121 215 261 152 199 585 380 877
-132 9 -3 -119 -77 -91 -178 -191 -26 -418 -165 -723
-138 -109 -169 -200 -43 -124 -83 41 -173 -156 -227 -81
Net Cash Flow 6 38 -44 -1 1 0 0 2 -1 12 -12 74

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 16 14 14 14 18 15 9 16 18 13 11 6
Inventory Days 100 149 185 94 138 114 107 147 165 107 112 71
Days Payable 47 56 29 45 62 55 34 71 77 47 17 14
Cash Conversion Cycle 69 107 170 63 94 74 81 92 105 72 106 62
Working Capital Days 54 67 75 94 130 98 122 178 159 111 132 188
ROCE % 14% 13% 17% 7% 10% 19% 20% 13% 20% 35% 28%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.50% 72.50% 72.50% 72.50% 71.01% 72.64% 72.64% 72.64% 72.64% 72.64% 72.64% 72.64%
0.76% 1.33% 1.56% 1.72% 1.83% 1.97% 1.91% 2.44% 2.55% 2.69% 2.81% 2.69%
2.31% 1.94% 1.77% 2.21% 2.54% 2.82% 3.44% 3.76% 3.76% 3.92% 3.85% 3.61%
24.43% 24.23% 24.17% 23.58% 24.62% 22.55% 21.99% 21.16% 21.04% 20.74% 20.70% 21.04%
No. of Shareholders 24,93925,95924,94125,40028,79627,89726,58126,24226,63338,80742,08253,543

* 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.

Documents

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