Super Sales India Ltd

Super Sales India Ltd

₹ 1,590 -1.54%
04 Jul - close price
About

Incorporated in 1981, Super Sales India
Ltd manufactures yarn, gears and provides agency services[1]

Key Points

Business Divisions
a) Marketing (Agency) Division:
Company is one of the selling agents
for the sale of the machinery manufactured
by LMW. This contributes a major part of the
revenue to the Company by way of commission for the sale of the machinery and erection charges. It is one of the suppliers of the gears, gearboxes, and accessories manufactured at its Engineering division and also provides services
to LMW. Company is also purchasing raw materials, machinery, and spares from
LMW.

b) Textile Division -
Company manufactures high-quality 100%
cotton yarn for both domestic and overseas markets under the brand VAAMAA

c) Engineering Division:
Company is also in the business of manufacturing Gears of various types required for the textile and other industries.

Production Capacity:[1]
a) Textile Division:
This division manufactures compact and non-compact cotton yarn with spindle capacity of 1,04,208 with 2 units and manufactures super fine yarn counts ranging from 40s to 100s
b) Engineering Division:
Company manufactures gears wheels
and gearboxes for LMW and others with
an installed capacity of around 12 Lac pieces

  • Market Cap 488 Cr.
  • Current Price 1,590
  • High / Low 2,149 / 896
  • Stock P/E 26.8
  • Book Value 1,816
  • Dividend Yield 0.44 %
  • ROCE 5.37 %
  • ROE 3.68 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.88 times its book value
  • Company has delivered good profit growth of 34.6% CAGR over last 5 years

Cons

  • Company has a low return on equity of 6.91% 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: Textiles Industry: Textiles - Cotton/Blended

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
92.75 73.45 110.49 109.00 126.47 125.01 74.85 71.38 96.55 107.92 108.90 102.20 100.16
74.87 60.07 84.68 88.95 106.67 107.26 63.41 63.92 86.84 94.40 94.29 92.36 95.97
Operating Profit 17.88 13.38 25.81 20.05 19.80 17.75 11.44 7.46 9.71 13.52 14.61 9.84 4.19
OPM % 19.28% 18.22% 23.36% 18.39% 15.66% 14.20% 15.28% 10.45% 10.06% 12.53% 13.42% 9.63% 4.18%
0.51 0.86 1.46 1.36 5.80 2.56 6.74 1.40 0.43 1.47 7.63 2.26 1.57
Interest 1.73 1.55 1.38 1.15 1.67 1.46 0.68 0.73 1.45 1.62 1.96 1.76 1.99
Depreciation 4.58 3.73 4.23 4.46 4.62 4.31 4.75 4.95 5.11 5.15 5.35 5.53 6.11
Profit before tax 12.08 8.96 21.66 15.80 19.31 14.54 12.75 3.18 3.58 8.22 14.93 4.81 -2.34
Tax % 39.32% 28.79% 28.72% 27.91% 22.63% 28.20% 24.78% 2.20% -45.53% 28.22% 20.03% 17.26% 16.67%
7.33 6.38 15.45 11.40 14.94 10.44 9.59 3.12 5.22 5.90 11.94 3.98 -1.95
EPS in Rs 23.86 20.77 50.30 37.12 48.64 33.99 31.22 10.16 16.99 19.21 38.87 12.96 -6.35
Raw PDF

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
187 218 221 229 233 254 296 284 267 419 368 419
141 175 184 190 194 216 270 255 227 340 321 377
Operating Profit 46 43 36 39 38 38 26 29 40 79 46 42
OPM % 25% 20% 16% 17% 16% 15% 9% 10% 15% 19% 13% 10%
4 6 4 6 4 3 6 6 2 9 11 13
Interest 12 9 8 7 6 7 8 9 8 6 4 7
Depreciation 19 19 12 14 17 17 18 19 18 17 19 22
Profit before tax 18 20 21 25 20 17 6 7 15 66 34 26
Tax % 43% 14% 25% 29% 28% 14% -3% 1% 43% 27% 17% 22%
11 17 16 17 15 14 6 6 9 48 28 20
EPS in Rs 34.28 54.99 51.47 56.62 47.44 46.26 19.37 20.97 28.65 156.80 92.37 64.69
Dividend Payout % 7% 5% 5% 4% 5% 5% 13% 12% 9% 6% 8% 11%
Compounded Sales Growth
10 Years: 7%
5 Years: 7%
3 Years: 16%
TTM: 14%
Compounded Profit Growth
10 Years: 1%
5 Years: 35%
3 Years: 28%
TTM: -23%
Stock Price CAGR
10 Years: 14%
5 Years: 37%
3 Years: 40%
1 Year: 73%
Return on Equity
10 Years: 6%
5 Years: 6%
3 Years: 7%
Last Year: 4%

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
Equity Capital 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 72 88 102 118 206 276 267 185 294 399 431 555
96 81 65 53 55 66 86 87 78 75 77 80
35 37 35 29 33 35 37 33 39 67 60 79
Total Liabilities 206 209 206 204 297 380 392 308 414 545 571 717
123 108 115 114 111 114 120 121 104 109 150 165
CWIP 3 1 0 0 6 2 1 0 0 10 0 3
Investments 2 2 2 1 86 157 140 53 156 221 229 348
78 98 89 88 94 107 131 134 154 204 192 200
Total Assets 206 209 206 204 297 380 392 308 414 545 571 717

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
36 29 43 28 36 32 24 23 21 50 65 34
-4 -1 -15 -10 -32 -24 -17 -15 -2 -40 -48 -37
-30 -30 -26 -19 -6 -7 -8 -9 -17 -9 -5 -7
Net Cash Flow 2 -2 1 -1 -1 1 -1 0 1 0 11 -11

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 59 66 65 59 53 66 64 79 81 60 66 53
Inventory Days 111 122 99 137 138 116 118 103 151 151 110 119
Days Payable 41 29 30 30 23 25 30 30 19 39 42 46
Cash Conversion Cycle 130 159 134 167 168 158 152 151 213 172 135 127
Working Capital Days 66 84 84 102 101 108 117 130 157 111 106 100
ROCE % 17% 16% 16% 18% 11% 8% 3% 4% 7% 16% 7%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
59.43% 59.43% 59.43% 59.43% 59.43% 59.43% 59.43% 59.43% 59.43% 59.43% 59.43% 59.43%
40.57% 40.57% 40.57% 40.57% 40.57% 40.56% 40.57% 40.56% 40.57% 40.57% 40.57% 40.56%
No. of Shareholders 4,3114,3504,5064,6034,7884,8224,7114,6434,5514,2884,3294,473

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