Srivasavi Adhesive Tapes Ltd

Srivasavi Adhesive Tapes Ltd

₹ 107 6.15%
26 Dec 3:31 p.m.
About

Incorporated in 2002, Srivasavi Adhesive Tapes Ltd manufactures Adhesive Tapes[1]

Key Points

Business Overview:[1]
Company is an ISO 9001:2015 certified company by TUV Nord and engaged in manufacturing/coating, converting and Die cuts of industrial Specialty self-adhesive tapes. It does customized die cutting of Films, Foams and allied products catering to various industries

  • Market Cap 152 Cr.
  • Current Price 107
  • High / Low 168 / 93.5
  • Stock P/E 22.6
  • Book Value 26.9
  • Dividend Yield 0.00 %
  • ROCE 21.6 %
  • ROE 16.4 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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: Packaging Industry: Packaging

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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
30.69 30.57 28.61 40.07 37.26 40.15
26.69 27.90 25.62 35.89 33.68 35.07
Operating Profit 4.00 2.67 2.99 4.18 3.58 5.08
OPM % 13.03% 8.73% 10.45% 10.43% 9.61% 12.65%
0.35 0.15 0.38 0.11 0.23 1.32
Interest 0.39 0.23 0.28 0.00 0.17 0.12
Depreciation 0.37 0.36 0.35 0.44 0.43 0.52
Profit before tax 3.59 2.23 2.74 3.85 3.21 5.76
Tax % 37.05% 19.28% 34.31% 28.31% 25.55% 25.17%
2.26 1.81 1.81 2.75 2.39 4.31
EPS in Rs 18.12 1.74 1.28 1.94 1.69 3.04
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
13.81 17.06 46.00 55.21 63.44 59.18 77.33 77.41
13.22 16.30 43.23 52.16 57.69 53.54 69.57 68.75
Operating Profit 0.59 0.76 2.77 3.05 5.75 5.64 7.76 8.66
OPM % 4.27% 4.45% 6.02% 5.52% 9.06% 9.53% 10.03% 11.19%
0.18 0.32 0.34 0.41 0.31 0.54 0.34 1.55
Interest 0.35 0.53 0.55 0.21 0.37 0.50 0.17 0.29
Depreciation 0.11 0.19 0.53 0.62 0.74 0.71 0.87 0.95
Profit before tax 0.31 0.36 2.03 2.63 4.95 4.97 7.06 8.97
Tax % 35.48% 33.33% 40.39% 26.62% 26.87% 27.16% 27.05%
0.20 0.24 1.21 1.93 3.62 3.62 5.15 6.70
EPS in Rs 2.11 2.53 9.70 15.47 29.02 2.55 3.63 4.73
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 19%
5 Years: %
3 Years: 12%
TTM: 13%
Compounded Profit Growth
10 Years: 38%
5 Years: %
3 Years: 38%
TTM: 47%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -28%
Return on Equity
10 Years: %
5 Years: %
3 Years: 21%
Last Year: 16%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.95 0.95 1.25 1.25 1.25 14.17 14.17 14.17
Reserves 0.55 0.79 3.90 5.83 9.68 14.55 19.70 24.00
3.84 4.35 5.73 3.95 6.09 1.69 2.40 1.45
1.97 2.62 9.51 11.60 10.02 10.87 12.81 13.63
Total Liabilities 7.31 8.71 20.39 22.63 27.04 41.28 49.08 53.25
1.62 2.35 4.92 5.95 6.42 7.17 11.58 13.66
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.13 0.11 0.16 0.11 0.00 0.00 0.00 0.00
5.56 6.25 15.31 16.57 20.62 34.11 37.50 39.59
Total Assets 7.31 8.71 20.39 22.63 27.04 41.28 49.08 53.25

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2.77 5.00 -1.94 -0.09 -0.51
-0.60 -1.72 -1.21 -9.23 0.06
-1.84 -1.99 1.57 9.36 0.61
Net Cash Flow 0.33 1.28 -1.58 0.04 0.16

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 90.13 86.44 74.27 69.02 57.99 76.91 77.93
Inventory Days 53.48 47.53 45.65 28.52 63.08 84.54 87.75
Days Payable 50.04 58.04 78.74 80.75 67.21 76.94 71.85
Cash Conversion Cycle 93.57 75.93 41.18 16.79 53.87 84.51 93.82
Working Capital Days 92.51 75.52 43.88 22.21 48.33 77.65 91.38
ROCE % 15.57% 25.92% 37.86% 23.07% 21.57%

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024Sep 2024
73.21% 73.21% 73.21% 73.21%
26.79% 26.79% 26.79% 26.79%
No. of Shareholders 5006421,1431,376

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