Standard Industries Ltd

Standard Industries Ltd

₹ 27.0 0.04%
21 Nov - close price
About

Incorporated in 1892, Standard Industries Ltd is in the business of property division and trading in textiles and chemicals

Key Points

Product Profile:[1] 100% Cotton Towels, Bed Sheets, Interlining Fabric, Cotton and blended Dhoti, Cotton/PC blended and poly viscose suiting, 100% cotton, PC Poplins and shirting, 2x2 Rubia, 2x1 Rubia in 100% cotton as well as PC Blended and Punjabi suits (ready to stitch) Company also plans to introduce Cotton Sarees

  • Market Cap 174 Cr.
  • Current Price 27.0
  • High / Low 39.0 / 20.2
  • Stock P/E 56.5
  • Book Value 27.9
  • Dividend Yield 3.89 %
  • ROCE -6.09 %
  • ROE -5.61 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.97 times its book value
  • Stock is providing a good dividend yield of 3.89%.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 37.8%

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 20.3%
  • Earnings include an other income of Rs.15.2 Cr.
  • Company has high debtors of 923 days.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 580 days to 843 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: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
1.56 2.98 429.97 5.80 2.90 2.88 4.34 6.55 4.73 2.75 5.03 4.47 4.30
5.40 6.41 217.53 8.47 7.21 5.49 8.44 9.52 8.56 6.01 8.40 7.33 7.37
Operating Profit -3.84 -3.43 212.44 -2.67 -4.31 -2.61 -4.10 -2.97 -3.83 -3.26 -3.37 -2.86 -3.07
OPM % -246.15% -115.10% 49.41% -46.03% -148.62% -90.62% -94.47% -45.34% -80.97% -118.55% -67.00% -63.98% -71.40%
12.97 0.76 4.80 6.30 6.69 31.19 0.77 1.39 -0.01 1.67 8.49 2.28 2.80
Interest 0.86 0.84 1.54 1.51 0.71 3.46 0.81 0.82 0.80 0.78 0.71 0.65 0.49
Depreciation 0.55 0.59 0.55 0.58 0.62 0.65 0.64 0.65 0.65 0.65 0.63 0.62 0.62
Profit before tax 7.72 -4.10 215.15 1.54 1.05 24.47 -4.78 -3.05 -5.29 -3.02 3.78 -1.85 -1.38
Tax % 0.00% 0.00% 16.96% 0.00% 0.00% 6.13% 10.46% 0.00% 0.00% 0.00% -146.83% 0.00% 0.00%
7.71 -4.10 178.65 1.54 1.05 22.97 -5.28 -3.04 -5.29 -3.03 9.32 -1.84 -1.38
EPS in Rs 1.20 -0.64 27.77 0.24 0.16 3.57 -0.82 -0.47 -0.82 -0.47 1.45 -0.29 -0.21
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
8.41 9.43 6.90 6.30 7.35 10.05 11.62 16.69 7.32 433.96 15.75 18.50 16.55
22.73 24.81 18.32 19.91 20.56 25.07 25.65 28.70 20.23 231.61 29.42 31.93 29.11
Operating Profit -14.32 -15.38 -11.42 -13.61 -13.21 -15.02 -14.03 -12.01 -12.91 202.35 -13.67 -13.43 -12.56
OPM % -170.27% -163.10% -165.51% -216.03% -179.73% -149.45% -120.74% -71.96% -176.37% 46.63% -86.79% -72.59% -75.89%
9.16 4.89 8.91 4.33 0.80 38.82 9.57 -13.11 31.45 24.34 44.94 11.55 15.24
Interest 0.00 0.00 0.00 0.94 4.19 8.21 18.43 14.93 13.57 4.39 6.49 3.12 2.63
Depreciation 0.94 0.95 1.49 1.19 0.83 0.76 1.13 2.87 3.16 2.25 2.49 2.58 2.52
Profit before tax -6.10 -11.44 -4.00 -11.41 -17.43 14.83 -24.02 -42.92 1.81 220.05 22.29 -7.58 -2.47
Tax % -15.90% 0.00% 0.00% 0.00% -0.80% 22.79% 0.00% -4.66% 0.00% 16.59% 8.97% -73.22%
-5.14 -11.44 -4.00 -11.40 -17.29 11.44 -24.03 -40.92 1.80 183.55 20.29 -2.04 3.07
EPS in Rs -0.80 -1.78 -0.62 -1.77 -2.69 1.78 -3.74 -6.36 0.28 28.53 3.15 -0.32 0.48
Dividend Payout % -93.85% -42.17% -120.60% -42.32% -27.90% 56.22% 0.00% 0.00% 0.00% 8.76% 33.29% -331.06%
Compounded Sales Growth
10 Years: 7%
5 Years: 10%
3 Years: 36%
TTM: -11%
Compounded Profit Growth
10 Years: 1%
5 Years: 9%
3 Years: %
TTM: -67%
Stock Price CAGR
10 Years: 5%
5 Years: 21%
3 Years: 24%
1 Year: 23%
Return on Equity
10 Years: 11%
5 Years: 27%
3 Years: 38%
Last Year: -6%

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 32.16 32.16 32.16 32.16 32.16 32.16 32.16 32.16 32.16 32.16 32.16 32.16 32.16
Reserves 103.57 86.49 76.47 59.26 45.54 51.17 19.31 -21.63 -20.99 162.70 167.00 154.29 147.53
0.00 0.00 0.00 25.00 18.68 108.23 143.41 113.56 53.22 26.07 26.49 22.03 15.16
18.32 17.95 18.57 35.10 66.74 92.95 211.71 292.49 371.53 85.04 18.52 17.16 16.12
Total Liabilities 154.05 136.60 127.20 151.52 163.12 284.51 406.59 416.58 435.92 305.97 244.17 225.64 210.97
17.87 16.99 15.12 20.89 20.21 24.13 44.69 50.29 26.79 26.05 31.16 23.17 21.96
CWIP 10.91 10.91 10.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 9.83 5.74 1.64 15.90 77.72 150.96 196.29 218.83 158.16 156.97 132.74 122.18 116.11
115.44 102.96 99.53 114.73 65.19 109.42 165.61 147.46 250.97 122.95 80.27 80.29 72.90
Total Assets 154.05 136.60 127.20 151.52 163.12 284.51 406.59 416.58 435.92 305.97 244.17 225.64 210.97

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
-23.86 -25.12 -10.14 3.33 22.70 2.13 109.19 73.90 37.70 57.62 -105.78 -6.13
-22.74 11.57 14.90 -20.19 -6.35 -76.93 -83.95 -63.34 88.65 -13.54 59.59 20.72
-5.55 -5.66 -5.58 18.23 -16.02 78.42 9.18 -46.17 -74.70 -31.75 -22.53 -14.34
Net Cash Flow -52.15 -19.21 -0.82 1.37 0.33 3.61 34.43 -35.60 51.66 12.34 -68.73 0.25

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 227.42 69.28 109.50 82.85 58.10 1,115.34 416.51 292.39 758.42 2.08 946.45 922.56
Inventory Days 1,231.81 1,030.16 1,274.67 2,071.82 1,786.16 1,656.22 2,309.86 2,059.77 4,667.64 0.00 96.06
Days Payable 88.18 62.57 103.72 83.09 68.10 84.94 116.23 103.63 315.68 48.13
Cash Conversion Cycle 1,371.05 1,036.87 1,280.45 2,071.58 1,776.16 2,686.62 2,610.14 2,248.54 5,110.39 2.08 946.45 970.49
Working Capital Days 2,107.97 342.94 427.42 114.71 -2,188.01 -366.82 -6,572.51 -3,773.78 -10,441.89 -53.04 949.70 842.66
ROCE % -4.29% -8.99% -6.43% -9.32% -6.33% 15.99% -2.89% -17.55% 15.32% 157.33% 9.44% -6.09%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
20.15% 20.15% 20.15% 20.31% 20.31% 20.31% 20.31% 20.31% 20.31% 20.31% 20.31% 20.31%
0.00% 0.00% 0.00% 38.87% 38.88% 38.86% 38.86% 38.86% 38.86% 38.86% 38.86% 38.86%
4.55% 4.19% 4.14% 4.13% 4.13% 4.13% 4.04% 4.04% 4.04% 4.04% 4.04% 4.04%
75.30% 75.66% 75.71% 36.69% 36.69% 36.71% 36.79% 36.78% 36.78% 36.78% 36.79% 36.80%
No. of Shareholders 25,75726,13730,98839,20543,95247,37748,53947,20647,10247,98546,72346,427

* 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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