Shish Industries Ltd
Incorporated in 2012, Shish Industries
Ltd manufactures, trades and markets PP Sheets and Rolls[1]
- Market Cap ₹ 557 Cr.
- Current Price ₹ 159
- High / Low ₹ 172 / 92.9
- Stock P/E 66.1
- Book Value ₹ 16.9
- Dividend Yield 0.00 %
- ROCE 21.3 %
- ROE 18.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 56.8% CAGR over last 5 years
Cons
- Stock is trading at 9.43 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last 3 years: -3.76%
- Working capital days have increased from 148 days to 209 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: Plastic products Industry: Plastics Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.90 | 3.68 | 5.19 | 0.00 | 8.30 | 11.03 | 16.00 | 28.28 | 50.01 | 70.19 | 85.48 | |
0.00 | 0.84 | 3.13 | 4.59 | 0.00 | 6.85 | 8.81 | 13.95 | 26.05 | 46.40 | 62.91 | 74.93 | |
Operating Profit | 0.00 | 0.06 | 0.55 | 0.60 | 0.00 | 1.45 | 2.22 | 2.05 | 2.23 | 3.61 | 7.28 | 10.55 |
OPM % | 6.67% | 14.95% | 11.56% | 17.47% | 20.13% | 12.81% | 7.89% | 7.22% | 10.37% | 12.34% | ||
0.00 | 0.07 | 0.15 | 0.14 | 0.00 | 0.12 | 0.11 | 0.37 | 0.80 | 1.00 | 1.75 | 2.65 | |
Interest | 0.00 | 0.15 | 0.25 | 0.27 | 0.00 | 0.23 | 0.28 | 0.25 | 0.30 | 0.35 | 0.35 | 0.77 |
Depreciation | 0.03 | 0.36 | 0.41 | 0.39 | 0.00 | 0.49 | 0.79 | 0.84 | 0.83 | 1.01 | 1.00 | 1.12 |
Profit before tax | -0.03 | -0.38 | 0.04 | 0.08 | 0.00 | 0.85 | 1.26 | 1.33 | 1.90 | 3.25 | 7.68 | 11.31 |
Tax % | 33.33% | 31.58% | 50.00% | 37.50% | 28.24% | 29.37% | 26.32% | 28.95% | 24.00% | 25.52% | 25.46% | |
-0.02 | -0.27 | 0.03 | 0.05 | 0.00 | 0.61 | 0.89 | 0.97 | 1.34 | 2.47 | 5.73 | 8.43 | |
EPS in Rs | 0.00 | 0.21 | 0.30 | 0.33 | 0.44 | 0.78 | 1.73 | 2.41 | ||||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 51% |
3 Years: | 45% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | 83% |
5 Years: | 57% |
3 Years: | 85% |
TTM: | 47% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 92% |
3 Years: | 85% |
1 Year: | 47% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 19% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.00 | 0.00 | 0.00 | 0.00 | 3.09 | 4.44 | 4.44 | 4.44 | 10.11 | 10.54 | 11.06 | 35.01 |
Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.31 | 4.20 | 5.17 | 1.61 | 6.72 | 22.56 | 24.09 |
0.57 | 2.18 | 2.22 | 2.30 | 1.91 | 2.54 | 2.40 | 1.98 | 1.04 | 4.63 | 7.30 | 13.22 | |
0.70 | 2.10 | 2.52 | 2.84 | 0.65 | 0.37 | 1.31 | 1.45 | 4.38 | 5.33 | 10.95 | 11.80 | |
Total Liabilities | 1.27 | 4.28 | 4.74 | 5.14 | 5.65 | 10.66 | 12.35 | 13.04 | 17.14 | 27.22 | 51.87 | 84.12 |
0.63 | 2.62 | 2.40 | 2.39 | 2.36 | 3.72 | 5.28 | 4.68 | 5.66 | 5.74 | 5.17 | 11.30 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.56 | 0.00 | 0.00 | 0.00 | 0.11 | 0.73 | 4.40 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.61 | 0.94 |
0.64 | 1.66 | 2.34 | 2.75 | 3.29 | 5.38 | 7.07 | 8.36 | 11.48 | 21.13 | 45.36 | 67.48 | |
Total Assets | 1.27 | 4.28 | 4.74 | 5.14 | 5.65 | 10.66 | 12.35 | 13.04 | 17.14 | 27.22 | 51.87 | 84.12 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.01 | -0.16 | 0.27 | 0.31 | -0.01 | -3.38 | 0.95 | 0.53 | 2.25 | -5.32 | -1.05 | -16.12 | |
-0.56 | -2.29 | -0.12 | -0.31 | 0.00 | -6.22 | -0.81 | -0.22 | -1.81 | -1.42 | -1.35 | -16.77 | |
0.56 | 3.05 | -0.10 | -0.07 | 0.01 | 9.68 | -0.14 | -0.35 | -0.42 | 6.74 | 13.05 | 22.25 | |
Net Cash Flow | 0.01 | 0.60 | 0.05 | -0.07 | 0.00 | 0.09 | 0.00 | -0.04 | 0.02 | -0.01 | 10.65 | -10.64 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56.78 | 64.47 | 47.12 | 88.39 | 56.92 | 25.32 | 25.94 | 64.52 | 110.56 | 80.40 | ||
Inventory Days | 372.45 | 90.87 | 93.10 | 169.19 | 248.15 | 163.41 | 95.54 | 78.47 | 64.30 | 74.52 | ||
Days Payable | 134.08 | 59.07 | 57.13 | 11.16 | 59.74 | 30.33 | 60.52 | 38.77 | 61.41 | 43.69 | ||
Cash Conversion Cycle | 295.15 | 96.28 | 83.09 | 246.42 | 245.33 | 158.41 | 60.96 | 104.22 | 113.45 | 111.24 | ||
Working Capital Days | 223.06 | 91.25 | 90.72 | 194.81 | 158.84 | 137.56 | 83.25 | 113.49 | 122.67 | 209.02 | ||
ROCE % | -10.34% | -16.73% | 13.18% | 15.49% | 0.00% | 17.16% | 14.44% | 13.96% | 18.07% | 20.78% | 25.57% |
Documents
Announcements
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Receipt Of Order By The Company 23 Apr
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
22 Apr - Copy of the communication being released to the press with title "SHish Industries Limited signs 5 year trade agreement with USA based entity "Best construction …
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
18 Apr - Press release being released at various online and media platforms on 19/04/2024
- Statement Of Deviation Or Variation In Utilization Of Funds Raised Through Preferential Issue For The Quarter Ended March 31, 2024 18 Apr
- Financial Results For The Quarter And Financial Year Ended 31/03/2024 18 Apr
Business Overview:[1]
SIL is in the business of manufacturing solutions in the protective packaging domain. It was the 1st company to develop & patent 5-ply Polypropylene Corrugated Sheet. Company is a Developer of Indigenous Reflective Insulation Product- Carmika™. It also pioneered the concept of Insulated water tank covers in India