SBC Exports Ltd
SBC Exports Ltd was incorporated in 2011. It is engaged in the Trading and Manufacturing of Garments, Manpower Supply Services & Tour Operator Services. Currently, co. has 70 distributors in India, receives an average of 75 new projects every year. Mr Govindji Gupta is the MD of the co. [1] [2] [3]
- Market Cap ₹ 857 Cr.
- Current Price ₹ 27.0
- High / Low ₹ 37.9 / 18.4
- Stock P/E 50.8
- Book Value ₹ 1.76
- Dividend Yield 0.19 %
- ROCE 24.6 %
- ROE 23.6 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 15.3 times its book value
- Company has high debtors of 156 days.
- Promoter holding has decreased over last 3 years: -3.77%
- Working capital days have increased from 70.5 days to 104 days
* 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: Textiles Industry: Textiles - Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|
130 | 206 | 222 | 212 | 253 | |
126 | 198 | 212 | 195 | 233 | |
Operating Profit | 4 | 8 | 11 | 17 | 20 |
OPM % | 3% | 4% | 5% | 8% | 8% |
0 | 0 | 2 | 4 | 6 | |
Interest | 1 | 2 | 2 | 7 | 7 |
Depreciation | 1 | 1 | 1 | 2 | 2 |
Profit before tax | 3 | 6 | 9 | 13 | 17 |
Tax % | 28% | 39% | 26% | 28% | |
2 | 3 | 7 | 9 | 17 | |
EPS in Rs | 0.06 | 0.11 | 0.22 | 0.29 | 0.53 |
Dividend Payout % | 0% | 0% | 15% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 18% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 71% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 98% |
3 Years: | 112% |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 21% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|
Equity Capital | 11 | 21 | 21 | 32 | 32 |
Reserves | 12 | 5 | 13 | 12 | 24 |
0 | 9 | 27 | 53 | 43 | |
54 | 61 | 54 | 88 | 139 | |
Total Liabilities | 76 | 97 | 115 | 185 | 238 |
4 | 6 | 8 | 23 | 29 | |
CWIP | 0 | 0 | 0 | 1 | 1 |
Investments | 0 | 2 | 4 | 6 | 0 |
72 | 89 | 102 | 155 | 209 | |
Total Assets | 76 | 97 | 115 | 185 | 238 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
4 | -11 | -5 | ||
-4 | -6 | -20 | ||
0 | 17 | 25 | ||
Net Cash Flow | 1 | 1 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 85 | 86 | 92 | 156 |
Inventory Days | 95 | 50 | 57 | 76 |
Days Payable | 113 | 75 | 65 | 136 |
Cash Conversion Cycle | 67 | 62 | 83 | 95 |
Working Capital Days | 54 | 37 | 70 | 104 |
ROCE % | 25% | 24% | 25% |
Documents
Announcements
- Re- Submission Of Un-Audited Financial Results For September 30, 2024 11 Nov
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
8 Nov - Work order awarded by Ministry of Electronics for ₹ 41.91 lakh.
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Additional Details Required For Corporate Announcement Filed Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
24 Oct - Outcome of Board Meeting and financial results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
24 Oct - Newspaper Advertisement of Un-Audited Standalone and consolidated Financial Results for Quarter And Half Year Ended 30th September, 2024.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
23 Oct - SBC Exports Q2 FY 2024-25 earnings update released.
Annual reports
Concalls
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Aug 2024TranscriptNotesPPT
Business Overview
SBC Exports Limited is engaged in the Trading and Manufacturing of Garments, Manpower Supply Services & Tour Operator Services. Earlier it was engaged in the Trading of handmade carpets, cushion covers, cotton quilts and bedspreads etc. It entered into Business of Information Technology and Manpower Supply Services in 2017 and Tour and Travel Services in 2018. It is working as a Tour & Travel Booking engine via Maujitrip.Com .[1]
Business Segment
Textiles, Garments (~53% in 9M FY24 vs 51% in FY23) - Co. is engaged in the production of Hosiery Fabrics & Hosiery Garments for Ladies, Mens’ and Kids, which are sold under the brand name of “SBC DESIGN+”, “SBC F-ROUTE”, “IEDEE”. It is also into Home Furnishings which includes handmade carpets, cushion covers, cotton quilts, and bedspreads, etc. It has 2 processing units in UP.