Srivari Spices & Foods Ltd

Srivari Spices & Foods Ltd

₹ 288 -2.29%
26 Jul - close price
About

Incorporated in 2019, Srivari Spices and Foods Limited is engaged in the business of manufacturing and marketing spices and flour (chakki atta) across Andhra Pradesh and Telangana.[1]

Key Points

Product Portfolio[1]
Diverse range of spices, Masala, and Atta

  • Market Cap 206 Cr.
  • Current Price 288
  • High / Low 418 / 102
  • Stock P/E 29.3
  • Book Value 33.6
  • Dividend Yield 0.00 %
  • ROCE 53.4 %
  • ROE 77.2 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 52.4%
  • Debtor days have improved from 85.6 to 53.7 days.
  • Company's working capital requirements have reduced from 106 days to 78.7 days

Cons

  • Stock is trading at 8.58 times its book value
  • 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: FMCG Industry: Food - Processing - Indian

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Sep 2023 Mar 2024
12.28 30.95 47.33
10.99 25.83 39.88
Operating Profit 1.29 5.12 7.45
OPM % 10.50% 16.54% 15.74%
0.00 0.00 0.00
Interest 0.20 0.93 0.76
Depreciation 0.35 0.36 0.48
Profit before tax 0.74 3.83 6.21
Tax % 28.38% 31.85% 28.66%
0.54 2.61 4.43
EPS in Rs 3.65 6.20
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.19 11.40 17.60 35.81 78.28
0.21 10.59 15.96 29.93 65.71
Operating Profit -0.02 0.81 1.64 5.88 12.57
OPM % -10.53% 7.11% 9.32% 16.42% 16.06%
0.00 0.00 0.00 0.01 0.00
Interest 0.00 0.00 0.11 0.86 1.69
Depreciation 0.06 0.34 0.52 0.70 0.85
Profit before tax -0.08 0.47 1.01 4.33 10.03
Tax % 0.00% 27.66% 27.72% 27.71% 29.91%
-0.08 0.35 0.73 3.13 7.03
EPS in Rs 6.26 9.84
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 90%
TTM: 119%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 172%
TTM: 125%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 52%
Last Year: 77%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1.88 4.02 4.02 5.00 7.14
Reserves -0.08 0.25 0.97 4.10 16.85
0.00 0.00 2.77 12.83 19.27
0.42 2.00 2.91 3.76 11.50
Total Liabilities 2.22 6.27 10.67 25.69 54.76
1.58 3.20 4.46 4.86 5.80
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.01
0.64 3.07 6.21 20.83 48.95
Total Assets 2.22 6.27 10.67 25.69 54.76

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.17 -1.10 -9.15 -10.77
-1.95 -1.78 -1.10 -1.80
2.14 2.68 10.21 12.57
Net Cash Flow 0.02 -0.21 -0.04 0.00

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 54.43 85.65 117.32
Inventory Days 146.00 40.56 49.26 120.70
Days Payable 1,022.00 77.93 57.34 36.18
Cash Conversion Cycle -876.00 17.06 77.57 201.84
Working Capital Days -153.68 24.01 65.95 171.95
ROCE % 15.49% 18.62% 34.96%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2024
69.94%
30.06%
No. of Shareholders 547

Documents