Sikko Industries Ltd
Incorporated in 2000, Sikko Industries Ltd manufactures, trades & exports Bio-Agro chemicals, Pesticides, Fertilizers, Seeds, Sprayers, Packaging, Machinery and FMCG products, etc.[1]
- Market Cap ₹ 217 Cr.
- Current Price ₹ 99.4
- High / Low ₹ 124 / 62.4
- Stock P/E 37.4
- Book Value ₹ 15.1
- Dividend Yield 0.00 %
- ROCE 20.7 %
- ROE 15.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
Cons
- Company has a low return on equity of 12.9% over last 3 years.
- Earnings include an other income of Rs.3.47 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: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8.52 | 11.15 | 11.21 | 20.07 | 15.87 | 25.54 | 25.51 | 30.49 | 38.84 | 50.51 | 49.00 | 60.24 | 59.05 | |
6.06 | 8.24 | 9.84 | 19.83 | 15.38 | 22.74 | 22.74 | 26.89 | 36.21 | 46.95 | 44.38 | 56.10 | 52.71 | |
Operating Profit | 2.46 | 2.91 | 1.37 | 0.24 | 0.49 | 2.80 | 2.77 | 3.60 | 2.63 | 3.56 | 4.62 | 4.14 | 6.34 |
OPM % | 28.87% | 26.10% | 12.22% | 1.20% | 3.09% | 10.96% | 10.86% | 11.81% | 6.77% | 7.05% | 9.43% | 6.87% | 10.74% |
0.02 | 0.04 | 0.21 | 1.21 | 1.53 | 0.62 | 1.18 | 1.08 | 1.91 | 0.22 | 0.46 | 3.42 | 3.47 | |
Interest | 0.38 | 0.44 | 0.48 | 0.60 | 0.43 | 0.21 | 0.57 | 0.57 | 0.29 | 0.54 | 0.44 | 0.79 | 0.61 |
Depreciation | 0.68 | 0.63 | 1.14 | 0.91 | 0.71 | 0.71 | 0.84 | 0.70 | 0.60 | 0.63 | 0.59 | 0.72 | 0.83 |
Profit before tax | 1.42 | 1.88 | -0.04 | -0.06 | 0.88 | 2.50 | 2.54 | 3.41 | 3.65 | 2.61 | 4.05 | 6.05 | 8.37 |
Tax % | 17.61% | 31.91% | -25.00% | 533.33% | 54.55% | 53.20% | 20.87% | 28.74% | 29.32% | 27.97% | 28.64% | 33.06% | |
1.17 | 1.29 | -0.03 | -0.38 | 0.40 | 1.18 | 2.01 | 2.44 | 2.60 | 1.88 | 2.89 | 4.06 | 5.81 | |
EPS in Rs | 1.50 | 1.65 | -0.04 | -0.49 | 0.26 | 0.54 | 0.91 | 1.11 | 1.19 | 0.86 | 1.33 | 1.86 | 2.66 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 8.72% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 19% |
3 Years: | 16% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 15% |
3 Years: | 16% |
TTM: | 100% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 59% |
3 Years: | 30% |
1 Year: | -1% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 14% |
3 Years: | 13% |
Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
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 | 2.00 | 2.00 | 2.00 | 2.00 | 4.00 | 5.60 | 5.60 | 5.60 | 11.20 | 11.20 | 16.80 | 16.80 | 16.80 |
Reserves | 2.20 | 3.47 | 3.41 | 3.69 | 2.31 | 6.54 | 8.71 | 11.14 | 8.09 | 9.97 | 7.01 | 11.07 | 16.20 |
3.37 | 4.54 | 3.93 | 5.52 | 7.03 | 4.36 | 9.21 | 6.63 | 6.78 | 1.64 | 8.61 | 5.89 | 4.05 | |
3.23 | 5.15 | 5.89 | 10.18 | 7.49 | 10.65 | 10.04 | 15.55 | 16.37 | 13.89 | 13.07 | 17.93 | 18.77 | |
Total Liabilities | 10.80 | 15.16 | 15.23 | 21.39 | 20.83 | 27.15 | 33.56 | 38.92 | 42.44 | 36.70 | 45.49 | 51.69 | 55.82 |
5.30 | 5.19 | 4.31 | 3.54 | 3.07 | 4.09 | 3.80 | 3.49 | 3.30 | 3.28 | 4.76 | 4.01 | 3.88 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 | 1.30 | 1.30 |
5.50 | 9.97 | 10.92 | 17.85 | 17.76 | 23.06 | 29.76 | 35.43 | 39.14 | 33.42 | 40.37 | 46.38 | 50.64 | |
Total Assets | 10.80 | 15.16 | 15.23 | 21.39 | 20.83 | 27.15 | 33.56 | 38.92 | 42.44 | 36.70 | 45.49 | 51.69 | 55.82 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.21 | 2.97 | 0.79 | -0.02 | 1.09 | -2.93 | -0.61 | 0.68 | 0.24 | 6.36 | -4.05 | 2.15 | |
-0.25 | -3.11 | -0.25 | -0.14 | -0.24 | -1.21 | -0.56 | -0.39 | -0.39 | -0.61 | -1.95 | 0.94 | |
-1.49 | 0.73 | -1.08 | 0.15 | 1.66 | 1.68 | 4.29 | -3.11 | -0.14 | -5.69 | 6.28 | -3.49 | |
Net Cash Flow | -0.52 | 0.60 | -0.54 | -0.01 | 2.50 | -2.46 | 3.12 | -2.83 | -0.29 | 0.07 | 0.28 | -0.40 |
Ratios
Figures in Rs. Crores
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 | 65.55 | 91.99 | 77.17 | 147.49 | 123.28 | 135.34 | 174.70 | 230.56 | 201.76 | 142.14 | 180.34 | 140.27 |
Inventory Days | 336.03 | 192.64 | 246.32 | 137.29 | 176.16 | 196.56 | 207.57 | 209.18 | 132.11 | 68.69 | 91.57 | 93.17 |
Days Payable | 77.63 | 144.84 | 149.27 | 198.38 | 195.81 | 164.24 | 129.25 | 192.47 | 117.37 | 53.92 | 62.67 | 54.47 |
Cash Conversion Cycle | 323.94 | 139.78 | 174.22 | 86.40 | 103.63 | 167.66 | 253.03 | 247.28 | 216.50 | 156.91 | 209.24 | 178.97 |
Working Capital Days | 127.24 | 87.08 | 101.26 | 133.67 | 169.05 | 177.64 | 233.22 | 230.92 | 212.29 | 138.96 | 201.57 | 172.68 |
ROCE % | 23.86% | 26.39% | 4.55% | 5.26% | 10.67% | 18.16% | 15.54% | 16.98% | 15.94% | 12.89% | 16.26% | 20.67% |
Documents
Announcements
-
Copy of Newspaper Publication
18 December 2024 - Sikko Industries Limited has informed about Copy of Newspaper Publication
-
Updates
12 December 2024 - Sikko Industries Limited has informed regarding An incorporation of Wholly Owned Subsidiary ( WOS ) under the name of Sikko Foundation , a Section 8 …
-
Outcome of Board Meeting
12 December 2024 - Sikko Industries Limited has informed regarding Outcome of Board Meeting held on December 12, 2024.
-
Outcome of Board Meeting
4 December 2024 - Sikko Industries Limited has informed regarding Outcome of Board Meeting held on December 04, 2024.
-
General Updates
4 December 2024 - Of Sikko Industries Limited at its meeting held on today i.e. Wednesday, December 04, 2024, has inter alia considered and approved the Letter of Offer …
Business Overview:[1]
Company is in the business of manufacturing formulations through its Fertilizer and Pesticide
unit which manufactures a special and exclusive range of agrochemicals including organic pesticides, organic fertilizers, etc.