SP Refractories Ltd
₹ 176
1.97%
22 Nov
- close price
About
Incorporated in 2007, SP Refractories
Ltd manufactures and supplies refractory
material[1]
Key Points
- Market Cap ₹ 31.6 Cr.
- Current Price ₹ 176
- High / Low ₹ 380 / 95.0
- Stock P/E 17.7
- Book Value ₹ 64.1
- Dividend Yield 0.00 %
- ROCE 17.6 %
- ROE 16.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 2.75 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.23% over past five years.
- Company has a low return on equity of 12.7% over last 3 years.
* 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: Refractories Industry: Refractories / Intermediates
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 18.53 | 20.97 | 25.69 | 31.51 | 27.24 | 28.81 | 29.29 | |
| 17.65 | 19.78 | 24.23 | 29.51 | 25.76 | 25.91 | 26.08 | |
| Operating Profit | 0.88 | 1.19 | 1.46 | 2.00 | 1.48 | 2.90 | 3.21 |
| OPM % | 4.75% | 5.67% | 5.68% | 6.35% | 5.43% | 10.07% | 10.96% |
| 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | 0.03 | 0.03 | |
| Interest | 0.40 | 0.44 | 0.21 | 0.42 | 0.41 | 0.43 | 0.46 |
| Depreciation | 0.22 | 0.22 | 0.24 | 0.22 | 0.24 | 0.33 | 0.35 |
| Profit before tax | 0.29 | 0.56 | 1.04 | 1.37 | 0.84 | 2.17 | 2.43 |
| Tax % | 24.14% | 26.79% | 27.88% | 27.74% | 26.19% | 28.11% | |
| 0.21 | 0.40 | 0.75 | 0.98 | 0.62 | 1.56 | 1.78 | |
| EPS in Rs | 4.22 | 8.04 | 5.03 | 5.48 | 3.46 | 8.72 | 9.95 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 4% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 28% |
| TTM: | 46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 92% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 13% |
| Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 0.50 | 1.49 | 1.79 | 1.79 | 1.79 | 1.79 |
| Reserves | 3.02 | 3.42 | 3.18 | 6.53 | 7.15 | 8.71 | 9.68 |
| 3.75 | 4.13 | 3.79 | 5.07 | 5.42 | 4.68 | 3.82 | |
| 0.65 | 0.94 | 2.11 | 1.90 | 1.74 | 1.96 | 2.25 | |
| Total Liabilities | 7.92 | 8.99 | 10.57 | 15.29 | 16.10 | 17.14 | 17.54 |
| 2.07 | 2.01 | 1.90 | 4.04 | 3.89 | 7.12 | 6.93 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.76 | 2.41 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| 5.85 | 6.98 | 8.66 | 10.48 | 9.79 | 10.01 | 10.60 | |
| Total Assets | 7.92 | 8.99 | 10.57 | 15.29 | 16.10 | 17.14 | 17.54 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 0.84 | 0.79 | -0.66 | 0.80 | 0.41 | 1.59 | |
| -0.17 | -0.16 | -0.11 | -3.13 | -1.73 | -1.15 | |
| -0.65 | -0.64 | 0.76 | 3.15 | 0.51 | -0.44 | |
| Net Cash Flow | 0.01 | -0.01 | -0.01 | 0.82 | -0.81 | 0.00 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 78.99 | 77.80 | 98.74 | 70.20 | 81.60 | 81.21 |
| Inventory Days | 33.01 | 31.72 | 27.69 | 37.05 | 54.34 | 58.31 |
| Days Payable | 3.85 | 9.85 | 20.12 | 24.48 | 24.49 | 23.41 |
| Cash Conversion Cycle | 108.14 | 99.67 | 106.32 | 82.76 | 111.45 | 116.12 |
| Working Capital Days | 92.38 | 87.55 | 93.06 | 88.96 | 106.53 | 101.48 |
| ROCE % | 13.05% | 15.14% | 16.38% | 9.01% | 17.60% |
Documents
Announcements
-
Financial Result Updates
13 November 2024 - Sp Refractories Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Outcome of Board Meeting
13 November 2024 - Sp Refractories Limited has informed regarding financial results for the half year ended 30th September 2024Board meeting held on November 13, 2024.
-
Board Meeting Intimation
6 November 2024 - SP REFRACTORIES LIMITED has informed about Board Meeting to be held on 13-Nov-2024 to inter-alia consider and approve the Unaudited Financial results of the Company …
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
20 October 2024 - Sp Refractories Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q_ FY 20__-__
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 October 2024 - Sp Refractories Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Business Overview:[1][2]
SPRL manufactures high quality refractory material made using premium grade cement, aggregates, hydrated lime, Calcined Alumina, and other raw material. The final product is used by iron, steel, and construction industries because of its thermal conductivity, maximum strength and heat resistance. Company also offers customized solutions and large product lines for its clients.