Shervani Industrial Syndicate Ltd
Incorporated in 1948, Shervani Industrial Syndicate Ltd is in the business of Real Estate and Biscuit manufacturing on job work basis[1]
- Market Cap ₹ 160 Cr.
- Current Price ₹ 594
- High / Low ₹ 800 / 350
- Stock P/E 5.09
- Book Value ₹ 527
- Dividend Yield 0.43 %
- ROCE 2.79 %
- ROE 2.30 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.12 times its book value
- Debtor days have improved from 61.2 to 39.6 days.
Cons
- Promoter holding has decreased over last quarter: -1.88%
- The company has delivered a poor sales growth of -24.4% over past five years.
- Company has a low return on equity of 1.92% over last 3 years.
- Dividend payout has been low at 4.26% of profits 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: Realty Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 9 | -0 | 0 | 28 | 42 | 87 | 73 | 87 | 27 | 4 | 22 | 117 | |
8 | 8 | 2 | 2 | 27 | 31 | 54 | 31 | 63 | 23 | 7 | 18 | 87 | |
Operating Profit | -1 | 1 | -2 | -2 | 2 | 10 | 33 | 42 | 25 | 5 | -3 | 3 | 29 |
OPM % | -10% | 8% | 6% | 25% | 38% | 58% | 28% | 17% | -72% | 15% | 25% | ||
2 | -23 | 2 | 2 | 0 | 5 | 1 | -0 | 1 | 1 | 1 | 1 | 4 | |
Interest | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 1 | -23 | -1 | -1 | 1 | 15 | 34 | 42 | 25 | 5 | -3 | 4 | 32 |
Tax % | 0% | 2% | -1% | -1% | 12% | -0% | 27% | 20% | 21% | -44% | 7% | 20% | |
1 | -23 | -1 | -1 | 1 | 15 | 25 | 33 | 20 | 7 | -3 | 3 | 32 | |
EPS in Rs | 2.27 | -69.23 | -3.59 | -3.99 | 2.98 | 46.13 | 79.69 | 106.90 | 72.60 | 26.03 | -10.07 | 10.85 | 117.18 |
Dividend Payout % | 44% | 0% | -14% | 0% | 0% | 0% | 107% | 0% | 3% | 10% | -20% | 23% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | -24% |
3 Years: | -37% |
TTM: | 455% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | -35% |
3 Years: | -47% |
TTM: | 691% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | -2% |
3 Years: | 36% |
1 Year: | 34% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 9% |
3 Years: | 2% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 211 | 188 | 187 | 185 | 186 | 196 | 172 | 151 | 131 | 131 | 127 | 122 | 140 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
1 | 0 | 6 | 11 | 8 | 1 | 7 | 7 | 5 | 4 | 10 | 0 | 4 | |
11 | 6 | 5 | 10 | 7 | 12 | 50 | 70 | 31 | 47 | 78 | 117 | 46 | |
Total Liabilities | 225 | 198 | 202 | 209 | 204 | 212 | 232 | 231 | 169 | 184 | 218 | 242 | 192 |
5 | 5 | 5 | 6 | 6 | 6 | 8 | 9 | 8 | 8 | 10 | 9 | 10 | |
CWIP | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Investments | 27 | 18 | 18 | 17 | 15 | 20 | 21 | 21 | 12 | 12 | 16 | 14 | 16 |
193 | 175 | 177 | 186 | 183 | 186 | 203 | 202 | 150 | 164 | 193 | 219 | 165 | |
Total Assets | 225 | 198 | 202 | 209 | 204 | 212 | 232 | 231 | 169 | 184 | 218 | 242 | 192 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 1 | -7 | -3 | 2 | 15 | 26 | 25 | -13 | 5 | 1 | 6 | |
0 | 2 | -0 | 3 | 1 | -6 | -26 | 9 | 26 | -0 | -5 | -0 | |
-0 | -1 | 6 | 4 | -3 | -7 | 1 | -31 | -23 | -3 | 6 | -11 | |
Net Cash Flow | -1 | 3 | -2 | 4 | -1 | 2 | 1 | 3 | -9 | 2 | 1 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 17 | 0 | 151 | 206 | 0 | 12 | 2 | 21 | 123 | 40 | |
Inventory Days | 4,261 | 2,672 | 1,821 | 2,221 | ||||||||
Days Payable | 2 | 5 | 5 | 15 | ||||||||
Cash Conversion Cycle | 0 | 17 | 0 | 4,410 | 2,873 | 1,816 | 12 | 2,209 | 21 | 123 | 40 | |
Working Capital Days | 9,076 | 6,604 | 5,803,500 | 2,057 | 1,331 | 444 | 461 | 446 | 1,357 | 8,348 | 1,468 | |
ROCE % | 1% | 1% | -1% | -1% | 1% | 6% | 18% | 26% | 17% | 4% | -2% | 3% |
Documents
Announcements
-
40(9) Compliance Certificate
25 Apr - Company has submitted the Certificate pursuant to LODR Regulation as issued by M/s Siddiqui & Associates for the FY ended on 31-03-2024.
-
Updates on Buyback Offer
12 Apr - Sumedha Fiscal Services Ltd ("Manager to the Offer") has submitted to BSE regarding Certificate of Extinguishment in respect to the Buyback Offer of Shervani Industrial …
-
Compliance Certificate For The Period Ended 01-04-2023 To 31-03-2024
9 Apr - Company has received the certificate from RTA Link Intime India Private Limited pursuant to reg. 7(3) of SEBI (LODR) dated 04-04-2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Certificate received from RTA Link Intime Private Limited dated 03-04-2024.
- Re- Email Dated 06-04-2024 Regarding Non Submission Of Proceedings Of Annual General Meeting Held On 30.09.2023 9 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
Business Overview:[1]
SISL was engaged in manufacturing of Geep brand Torches & Drycell Batteries. It diversified its activities in the area of Real Estate. Company's maiden real estate project was Sterling Apartments at Prayagraj.