Suratwwala Business Group Ltd
Suratwwala Business Group Limited (SBGL) is engaged in the development and maintenance of commercial and residential real estate projects in Pune.[1]
- Market Cap ₹ 1,903 Cr.
- Current Price ₹ 110
- High / Low ₹ 143 / 49.3
- Stock P/E 116
- Book Value ₹ 3.58
- Dividend Yield 0.00 %
- ROCE 79.7 %
- ROE 80.5 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 105% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 86.2%
- Debtor days have improved from 136 to 34.4 days.
Cons
- Stock is trading at 30.6 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from -463 days to 296 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: Realty Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 4 | 6 | 19 | 16 | 11 | 9 | 11 | 13 | 1 | 62 | 72 | 47 | |
1 | 3 | 4 | 15 | 12 | 6 | 6 | 7 | 2 | 5 | 32 | 34 | 23 | |
Operating Profit | 1 | 1 | 2 | 4 | 4 | 4 | 3 | 3 | 11 | -4 | 30 | 38 | 25 |
OPM % | 48% | 28% | 36% | 23% | 26% | 41% | 31% | 32% | 88% | -480% | 48% | 53% | 52% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 1 | 1 | 0 | 1 | 2 | |
Interest | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 3 | 4 | 4 | 2 | 1 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 1 | 1 | 1 | 3 | 3 | 4 | 1 | 0 | 8 | -7 | 27 | 38 | 25 |
Tax % | 20% | 36% | 35% | 36% | 35% | 33% | 42% | 10% | 25% | 55% | 23% | 26% | |
0 | 1 | 1 | 2 | 2 | 3 | 1 | 0 | 6 | -11 | 21 | 28 | 16 | |
EPS in Rs | 21.50 | 36.00 | 45.50 | 101.50 | 107.00 | 142.00 | 0.09 | 0.04 | 0.35 | -0.62 | 1.22 | 1.60 | 0.95 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 12% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 33% |
5 Years: | 52% |
3 Years: | 78% |
TTM: | -43% |
Compounded Profit Growth | |
---|---|
10 Years: | 44% |
5 Years: | 105% |
3 Years: | 71% |
TTM: | -50% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 125% |
1 Year: | 119% |
Return on Equity | |
---|---|
10 Years: | 51% |
5 Years: | 58% |
3 Years: | 86% |
Last Year: | 80% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 9 | 13 | 17 | 17 | 17 | 17 | 17 |
Reserves | 0 | 1 | 2 | 4 | 6 | 9 | 1 | 1 | 10 | -27 | -6 | 41 | 45 |
4 | 6 | 8 | 10 | 5 | 4 | 16 | 24 | 24 | 19 | 7 | 21 | 5 | |
8 | 10 | 13 | 17 | 16 | 18 | 19 | 16 | 22 | 77 | 76 | 29 | 46 | |
Total Liabilities | 12 | 18 | 23 | 31 | 28 | 31 | 44 | 54 | 74 | 87 | 94 | 107 | 113 |
0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 4 | 1 | 0 | 2 | 2 | 2 | 1 | 1 | 2 | 2 |
12 | 17 | 22 | 26 | 26 | 30 | 42 | 51 | 71 | 85 | 92 | 104 | 110 | |
Total Assets | 12 | 18 | 23 | 31 | 28 | 31 | 44 | 54 | 74 | 87 | 94 | 107 | 113 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 1 | -11 | -12 | -7 | 9 | 7 | -7 | ||||
0 | 0 | 1 | -0 | -0 | -0 | -0 | -1 | -1 | ||||
0 | 0 | -2 | 11 | 12 | 7 | -9 | -7 | 14 | ||||
Net Cash Flow | 0 | 0 | -0 | -0 | 0 | 0 | -0 | 0 | 5 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 166 | 194 | 298 | 370 | 4 | 34 |
Inventory Days | 1,063 | 499 | 1,908 | 2,973 | 1,192 | 1,001 | ||||||
Days Payable | 113 | 37 | 129 | 99 | 123 | 121 | ||||||
Cash Conversion Cycle | 0 | 0 | 0 | 950 | 462 | 1,779 | 166 | 3,068 | 298 | 370 | 1,073 | 914 |
Working Capital Days | 135 | 369 | 348 | 106 | 168 | 329 | 824 | 830 | 1,538 | -1,700 | 16 | 296 |
ROCE % | 18% | 20% | 25% | 38% | 34% | 38% | 14% | 11% | 25% | -12% | 213% | 80% |
Documents
Announcements
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Minutes Of 17Th Annual General Meeting Held On September 27, 2024.
13 Nov - Minutes of 17th AGM held on September 27, 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Oct - Copy of Newspaper Publication of Financial Results for Quarter and half tear ended on September 30, 2024.
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Board Meeting Outcome for Outcome Of Board Meeting For The Quarter And Half Year Ended As On September 30,2024
26 Oct - Board meeting outcome: financial results and appointments.
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Financial Result For The Quarter And Half Year Ended As On September 30,2024
26 Oct - Board meeting outcome and financial results for Q2 2024.
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Board Meeting Intimation for To Consider And Approve The Un-Audited Standalone And Consolidated Financial Results For The Period Ended As On September 30, 2024
19 Oct - Board meeting to consider financial statements.
Business Segments