Sonal Mercantile Ltd
Incorporated in 1985, Sonal Mercantile Ltd is an NBFC which provides short term and long term finance
- Market Cap ₹ 143 Cr.
- Current Price ₹ 97.0
- High / Low ₹ 123 / 68.0
- Stock P/E 13.3
- Book Value ₹ 32.9
- Dividend Yield 0.00 %
- ROCE 9.45 %
- ROE 20.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 124% CAGR over last 5 years
Cons
- Stock is trading at 2.95 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 24.9%
- Company might be capitalizing the interest cost
* 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: Finance Industry: Finance & Investments
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 7 | 4 | 2 | 2 | 3 | 3 | 4 | 13 | 19 | 21 | 26 | 38 | |
9 | 7 | 4 | 2 | 2 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | |
Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 12 | 18 | 20 | 26 | 37 |
OPM % | 1% | 0% | 3% | 6% | 7% | 6% | 8% | 76% | 92% | 95% | 97% | 97% | 98% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 9 | 11 | 12 | 15 | 23 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 6 | 8 | 11 | 14 |
Tax % | 38% | -50% | 50% | 33% | 45% | 33% | 25% | 25% | 25% | 25% | 26% | 25% | |
0 | -0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 5 | 6 | 8 | 11 | |
EPS in Rs | 1.09 | -0.01 | 0.01 | 0.02 | 0.04 | 0.05 | 0.09 | 0.47 | 1.35 | 3.13 | 4.13 | 5.33 | 7.27 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 57% |
3 Years: | 26% |
TTM: | 61% |
Compounded Profit Growth | |
---|---|
10 Years: | 82% |
5 Years: | 124% |
3 Years: | 58% |
TTM: | 37% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 62% |
3 Years: | 85% |
1 Year: | 21% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 15% |
3 Years: | 19% |
Last Year: | 20% |
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 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 19 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 10 | 15 | 21 | 29 | 34 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 67 | 134 | 138 | 159 | 304 | 338 | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 26 | 17 | 15 | 14 | |
Total Liabilities | 22 | 22 | 22 | 22 | 23 | 23 | 22 | 90 | 167 | 193 | 211 | 362 | 400 |
0 | 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 | 0 |
Investments | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 8 | 8 | 6 | 6 |
16 | 22 | 22 | 22 | 22 | 23 | 22 | 90 | 163 | 185 | 203 | 355 | 393 | |
Total Assets | 22 | 22 | 22 | 22 | 23 | 23 | 22 | 90 | 167 | 193 | 211 | 362 | 400 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-14 | -6 | -0 | 0 | -0 | 0 | -0 | -59 | -59 | 0 | -21 | -146 | |
14 | 6 | 0 | 0 | 0 | -0 | 0 | 0 | -4 | -4 | -0 | 1 | |
0 | 0 | -0 | -0 | 0 | 0 | 0 | 65 | 58 | 3 | 21 | 145 | |
Net Cash Flow | -0 | 0 | -0 | 0 | -0 | 0 | -0 | 6 | -6 | -0 | 0 | 0 |
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 | 69 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | 15 | 0 | 38 | 50 | 0 | 323 | 0 | |||||
Days Payable | 0 | 0 | 0 | 0 | ||||||||
Cash Conversion Cycle | 15 | 69 | 38 | 50 | 0 | 323 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | 624 | 1,158 | 1,793 | 3,374 | 3,431 | 3,071 | 1,550 | 61 | -150 | -475 | -266 | -189 |
ROCE % | 1% | -0% | 0% | 0% | 0% | 1% | 1% | 6% | 10% | 11% | 11% | 9% |
Documents
Announcements
- Board Meeting Intimation for Considering The Audited Standalone And Consolidated Financial Results Of The Company For The Fourth Quarter And For The Year Ended March 31, 2024 And Other Businesses. 1d
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
7 May - Submission of Annual Secretarial Compliance Report for the year ended 31.03.2024
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 27 Apr
- Shareholder Meeting / Postal Ballot-Outcome of AGM 9 Apr
- Submission Of Certificate From Practicing Company Secretary Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Financieal Year Ended 31.03.2024 6 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 2013
from bse
-
Financial Year 2012
from bse
Business Overview:[1]
Company is engaged in the business of providing Secured and Unsecured Loans & Advances to individuals and body corporates and also makes investment in quoted and unquoted securities. Company offers solutions for meeting specific liquidity requirements in Capital Markets.