Spright Agro Ltd

Spright Agro Ltd

₹ 32.5 1.98%
26 Apr - close price
About

Incorporated in 1994, Tine Agro Ltd is in the business of Trading of Agriculture products and related activities

Key Points

Business Overview:[1]
Company develops Agricultural and forest resources based Industries and also plants, grows, cultivates, produces, and raises plantations of various agricultural crops, forest, other plantation, horticultural crops, Green House, Net House, medicinal and aromatic plants in their own farms or taken on lease and to carry on the business as a manufacturer, importers and exporters, whole seller, retailer and dealers of all type of agricultural and other commodities.

  • Market Cap 1,632 Cr.
  • Current Price 32.5
  • High / Low 32.5 / 0.65
  • Stock P/E 140
  • Book Value 1.31
  • Dividend Yield 0.00 %
  • ROCE 38.6 %
  • ROE 35.7 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Debtor days have improved from 166 to 106 days.

Cons

  • Stock is trading at 24.8 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Working capital days have increased from 38.8 days to 164 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: Miscellaneous Industry: Miscellaneous

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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
0.33 0.28 4.26 4.49 2.24 3.21 0.41 1.91 2.18 2.91 3.12 22.68 43.76
0.03 0.05 3.84 3.98 3.38 3.19 0.40 1.90 2.21 2.69 2.88 16.76 37.57
Operating Profit 0.30 0.23 0.42 0.51 -1.14 0.02 0.01 0.01 -0.03 0.22 0.24 5.92 6.19
OPM % 90.91% 82.14% 9.86% 11.36% -50.89% 0.62% 2.44% 0.52% -1.38% 7.56% 7.69% 26.10% 14.15%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.12
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.30 0.23 0.42 0.51 -1.14 0.02 0.01 0.01 -0.03 0.22 0.24 5.92 6.31
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 50.00% 0.00% 0.00% 33.33% 27.27% 25.00% 7.09% 8.24%
0.30 0.23 0.42 0.51 -1.15 0.01 0.01 0.01 -0.02 0.16 0.18 5.50 5.78
EPS in Rs 0.03 0.02 0.04 0.05 -0.10 0.00 0.00 0.00 -0.10 0.80 0.90 0.11 0.12
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
0 0 0 0 0 0 0 0 0 11 8 72
0 0 0 0 0 1 0 0 0 11 8 60
Operating Profit -0 -0 -0 -0 -0 -0 0 -0 0 0 0 13
OPM % -300% -57% 0% 64% 0% 0% 17%
0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 -0 -0 -0 -0 -0 0 -0 0 0 0 13
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 8%
-0 -0 -0 -0 -0 -0 0 -0 0 0 0 12
EPS in Rs -0.01 -0.00 -0.00 -0.01 -0.00 -0.02 0.00 -0.01 0.02 0.00 0.05 0.23
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 143%
5 Years: 176%
3 Years: 503%
TTM: 841%
Compounded Profit Growth
10 Years: 82%
5 Years: %
3 Years: 281%
TTM: 116100%
Stock Price CAGR
10 Years: 61%
5 Years: %
3 Years: 341%
1 Year: 7284%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 36%

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 6 6 6 6 6 6 6 6 6 6 6 50
Reserves -6 -6 -6 -6 -6 -6 -6 -7 -6 -6 -6 16
0 0 0 1 1 1 1 1 1 0 0 0
0 0 0 0 0 0 0 0 0 7 4 3
Total Liabilities 0 0 0 0 0 0 0 0 0 7 4 69
0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 5
0 0 0 0 0 0 0 0 0 7 4 64
Total Assets 0 0 0 0 0 0 0 0 0 7 4 69

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
-0 -0 -0 -0 0 0 -0 -0 1 1 0 -22
0 0 0 0 0 0 0 0 0 0 0 -5
0 0 0 0 0 0 0 0 -1 -1 -0 26
Net Cash Flow -0 0 -0 0 0 0 0 -0 -0 0 0 0

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 1,825 33 0 365 222 170 106
Inventory Days 0 0 0 0 0 87
Days Payable 9
Cash Conversion Cycle 1,825 33 0 365 222 170 184
Working Capital Days -365 -249 -24 310 -18 -29 164
ROCE % -240% -15% 162%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
3.53% 3.53% 3.53% 3.53% 3.53% 3.43% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
96.47% 96.47% 96.47% 96.47% 96.47% 96.58% 100.00% 99.99% 100.00% 100.00% 100.01% 100.00%
No. of Shareholders 3,6333,6363,71420,13318,38617,05416,62316,13110,82710,3999,7939,317

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