Suratwwala Business Group Ltd

Suratwwala Business Group Ltd

₹ 110 0.09%
22 Nov - close price
About

Suratwwala Business Group Limited (SBGL) is engaged in the development and maintenance of commercial and residential real estate projects in Pune.[1]

Key Points

Business Segments

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
10.42 0.37 0.07 38.05 10.23 16.25 18.34 16.35 21.04 8.67 1.31
4.30 1.44 1.17 17.70 9.32 8.36 7.23 7.27 10.67 3.48 1.43
Operating Profit 6.12 -1.07 -1.10 20.35 0.91 7.89 11.11 9.08 10.37 5.19 -0.12
OPM % 58.73% -289.19% -1,571.43% 53.48% 8.90% 48.55% 60.58% 55.54% 49.29% 59.86% -9.16%
0.26 0.04 0.01 0.07 0.07 0.09 0.14 0.12 0.28 0.37 0.77
Interest 0.76 1.32 0.59 0.43 0.32 0.42 0.32 0.10 0.29 0.03 0.03
Depreciation 0.03 0.06 0.02 0.05 0.04 0.06 0.06 0.09 0.10 0.07 0.09
Profit before tax 5.59 -2.41 -1.70 19.94 0.62 7.50 10.87 9.01 10.26 5.46 0.53
Tax % 25.94% 58.51% 0.00% 9.73% 259.68% -0.93% 25.21% 27.41% 45.61% 25.27% 58.49%
4.13 -3.82 -1.70 18.00 -0.99 7.57 8.12 6.54 5.58 4.09 0.22
EPS in Rs 0.24 -0.22 -0.10 1.04 -0.06 0.44 0.47 0.38 0.32 0.24 0.01
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 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%

Shareholding Pattern

Numbers in percentages

5 Recently
Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.42% 73.42% 73.53% 74.34% 74.74% 74.78% 74.78% 73.39% 73.39% 73.39% 73.39% 73.39%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.15% 0.01% 0.00% 0.11% 0.03%
26.58% 26.58% 26.47% 25.66% 25.26% 25.22% 25.18% 26.45% 26.60% 26.60% 26.50% 26.57%
No. of Shareholders 1101131161721836988071,2482,1143,1079,4159,054

* 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.

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