Saint-Gobain Sekurit India Ltd
Established in 1973, Saint-Gobain Sekurit India Limited is a subsidiary of Compagnie de Saint-Gobain(a transnational group with its headquarters in Paris). The Company is engaged primarily in the business of manufacture and sale of automotive glass. It offers its products mainly to 3 wheelers, Passenger Vehicles and Commercial Vehicles. [1][2]
- Market Cap ₹ 1,142 Cr.
- Current Price ₹ 125
- High / Low ₹ 156 / 93.2
- Stock P/E 36.6
- Book Value ₹ 21.8
- Dividend Yield 1.20 %
- ROCE 22.3 %
- ROE 16.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 22.7% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 54.3%
- Debtor days have improved from 51.1 to 35.1 days.
Cons
- Working capital days have increased from 149 days to 326 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: Glass & Glass Products Industry: Glass & Glass Products
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
109 | 104 | 133 | 141 | 123 | 146 | 160 | 135 | 105 | 151 | 186 | 201 | |
96 | 94 | 115 | 119 | 108 | 120 | 134 | 116 | 89 | 117 | 151 | 164 | |
Operating Profit | 12 | 9 | 18 | 22 | 16 | 27 | 26 | 19 | 16 | 34 | 36 | 37 |
OPM % | 11% | 9% | 13% | 16% | 13% | 18% | 16% | 14% | 15% | 22% | 19% | 18% |
-1 | 1 | 0 | -13 | 3 | 3 | 6 | 7 | 5 | 32 | 7 | 10 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 9 | 9 | 10 | 9 | 8 | 9 | 8 | 8 | 5 | 4 | 4 | 4 |
Profit before tax | 2 | 1 | 8 | 0 | 10 | 21 | 23 | 18 | 15 | 61 | 39 | 43 |
Tax % | 70% | 55% | 13% | 100% | 35% | 34% | 29% | 25% | 24% | 22% | 26% | 27% |
1 | 0 | 7 | 0 | 7 | 14 | 16 | 13 | 11 | 48 | 29 | 31 | |
EPS in Rs | 0.07 | 0.05 | 0.74 | 0.00 | 0.74 | 1.51 | 1.76 | 1.47 | 1.25 | 5.23 | 3.17 | 3.43 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 80% | 57% | 47% | 58% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 24% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 54% |
5 Years: | 23% |
3 Years: | 53% |
TTM: | 30% |
Stock Price CAGR | |
---|---|
10 Years: | 21% |
5 Years: | 18% |
3 Years: | 22% |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 12% |
3 Years: | 15% |
Last Year: | 16% |
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 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 |
Reserves | -18 | -18 | -11 | -11 | -4 | 9 | 25 | 38 | 50 | 89 | 90 | 108 |
6 | 6 | 0 | 1 | 2 | 4 | 3 | 2 | 6 | 6 | 6 | 1 | |
25 | 18 | 28 | 21 | 16 | 14 | 21 | 26 | 24 | 19 | 20 | 26 | |
Total Liabilities | 105 | 97 | 108 | 103 | 105 | 119 | 141 | 157 | 171 | 205 | 207 | 226 |
62 | 56 | 50 | 39 | 44 | 38 | 32 | 25 | 22 | 20 | 18 | 17 | |
CWIP | 5 | 5 | 1 | 2 | 2 | 0 | 0 | 0 | 0 | 1 | 0 | 1 |
Investments | 0 | 1 | 10 | 15 | 23 | 43 | 51 | 97 | 103 | 133 | 143 | 160 |
38 | 36 | 47 | 46 | 36 | 38 | 57 | 35 | 46 | 52 | 46 | 48 | |
Total Assets | 105 | 97 | 108 | 103 | 105 | 119 | 141 | 157 | 171 | 205 | 207 | 226 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 17 | 15 | 11 | 7 | 17 | 24 | 27 | 2 | 12 | 34 | 30 | |
-12 | 0 | -9 | -10 | -8 | -18 | -21 | -27 | -5 | -2 | -5 | -9 | |
2 | 0 | -6 | -0 | 1 | 2 | -1 | -1 | 3 | -9 | -28 | -18 | |
Net Cash Flow | 1 | 17 | -0 | 0 | 0 | 0 | 1 | -1 | 1 | 0 | 1 | 2 |
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 | 50 | 49 | 53 | 40 | 46 | 61 | 50 | 48 | 92 | 69 | 49 | 35 |
Inventory Days | 99 | 99 | 72 | 66 | 71 | 51 | 64 | 66 | 87 | 93 | 60 | 75 |
Days Payable | 111 | 83 | 106 | 74 | 60 | 44 | 72 | 95 | 97 | 69 | 54 | 57 |
Cash Conversion Cycle | 37 | 66 | 19 | 32 | 57 | 68 | 42 | 18 | 83 | 93 | 55 | 53 |
Working Capital Days | 28 | 49 | 44 | 47 | 46 | 55 | 45 | 25 | 68 | 75 | 45 | 326 |
ROCE % | 5% | 1% | 10% | 18% | 11% | 20% | 16% | 11% | 8% | 18% | 18% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
15 May - Annual Secretarial Compliance Report for the year ended March 31, 2024.
- Corporate Action-Board to consider Dividend 13 May
- AGM Of The Company 13 May
- Register Of Members And Share Transfer Books Of The Company Will Remain Closed From Saturday,July 20, 2024 To Friday, July 26, 2024, (Both Days Inclusive) 13 May
- Announcement under Regulation 30 (LODR)-Date of payment of Dividend 13 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product Portfolio
The Co. produces laminated and tempered glasses that are fitted on the body of automobiles. Laminated glass is used in windshields and tempered glass is used in backlights and sidelites. [1]