Shah Metacorp Ltd
Incorporated in 1999, Shah Metacorp Ltd manufactures and sells diverse range of SS products[1]
- Market Cap ₹ 170 Cr.
- Current Price ₹ 4.05
- High / Low ₹ 5.50 / 2.50
- Stock P/E
- Book Value ₹ 1.14
- Dividend Yield 0.00 %
- ROCE 0.06 %
- ROE %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 3.56 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -16.0% over past five years.
- Promoter holding is low: 36.2%
- Contingent liabilities of Rs.164 Cr.
- Company might be capitalizing the interest cost
- Company has high debtors of 232 days.
- Promoter holding has decreased over last 3 years: -28.7%
- Working capital days have increased from -60.5 days to 68.3 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
287.30 | 277.07 | 181.52 | 164.18 | 173.02 | 95.16 | 147.90 | 64.72 | 12.58 | 20.04 | 39.88 | 71.16 | |
272.31 | 265.82 | 166.44 | 161.75 | 161.20 | 97.82 | 157.19 | 77.63 | 94.45 | 29.57 | 43.92 | 76.51 | |
Operating Profit | 14.99 | 11.25 | 15.08 | 2.43 | 11.82 | -2.66 | -9.29 | -12.91 | -81.87 | -9.53 | -4.04 | -5.35 |
OPM % | 5.22% | 4.06% | 8.31% | 1.48% | 6.83% | -2.80% | -6.28% | -19.95% | -650.79% | -47.55% | -10.13% | -7.52% |
1.64 | 4.46 | 1.79 | 4.58 | 0.21 | 0.16 | 1.02 | 8.75 | 0.23 | 14.11 | 7.00 | 4.36 | |
Interest | 10.40 | 10.72 | 10.51 | 11.68 | 12.12 | 10.20 | 6.60 | 5.96 | 6.17 | 0.54 | 0.33 | 0.14 |
Depreciation | 3.68 | 4.12 | 5.58 | 10.58 | 9.20 | 7.89 | 6.65 | 5.54 | 4.54 | 3.67 | 2.92 | 3.44 |
Profit before tax | 2.55 | 0.87 | 0.78 | -15.25 | -9.29 | -20.59 | -21.52 | -15.66 | -92.35 | 0.37 | -0.29 | -4.57 |
Tax % | 38.43% | 36.78% | 102.56% | 12.66% | 35.20% | 13.55% | 5.72% | 12.58% | 19.48% | 1,621.62% | 668.97% | |
1.58 | 0.55 | -0.01 | -13.32 | -6.03 | -17.81 | -20.30 | -13.69 | -74.37 | -5.63 | 1.65 | -3.47 | |
EPS in Rs | 0.05 | 0.02 | 0.00 | -0.40 | -0.18 | -0.54 | -0.61 | -0.41 | -2.24 | -0.17 | 0.05 | -0.11 |
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: | -18% |
5 Years: | -16% |
3 Years: | -15% |
TTM: | 211% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | 16% |
3 Years: | 28% |
TTM: | -339% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | 3% |
3 Years: | 30% |
1 Year: | 56% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 15.83 | 15.83 | 15.83 | 15.83 | 15.83 | 15.83 | 15.83 | 15.83 | 15.83 | 15.83 | 33.24 | 41.91 |
Reserves | 76.28 | 76.83 | 76.85 | 63.53 | 59.66 | 42.48 | 21.67 | 8.05 | -65.97 | -47.29 | -15.57 | 5.75 |
78.96 | 79.48 | 85.68 | 95.72 | 101.11 | 81.59 | 74.27 | 75.60 | 92.65 | 79.09 | 67.48 | 41.50 | |
41.59 | 87.72 | 69.04 | 67.33 | 75.42 | 89.11 | 86.19 | 84.52 | 72.05 | 39.41 | 35.31 | 32.85 | |
Total Liabilities | 212.66 | 259.86 | 247.40 | 242.41 | 252.02 | 229.01 | 197.96 | 184.00 | 114.56 | 87.04 | 120.46 | 122.01 |
27.88 | 29.83 | 60.55 | 56.26 | 47.52 | 41.61 | 34.27 | 28.87 | 24.40 | 20.75 | 24.54 | 22.82 | |
CWIP | 12.46 | 15.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 7.07 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
165.25 | 214.82 | 186.83 | 186.13 | 204.50 | 187.40 | 163.69 | 155.13 | 90.16 | 66.29 | 95.92 | 99.19 | |
Total Assets | 212.66 | 259.86 | 247.40 | 242.41 | 252.02 | 229.01 | 197.96 | 184.00 | 114.56 | 87.04 | 120.46 | 122.01 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
8.47 | 23.14 | -7.45 | -2.98 | 3.81 | 20.48 | 7.95 | 4.05 | -11.23 | -21.33 | -0.40 | |
-7.03 | -9.66 | 5.14 | 3.76 | -2.21 | -1.82 | 0.84 | 0.01 | 0.08 | 0.12 | -6.63 | |
-1.26 | -10.10 | -3.32 | -1.48 | -0.88 | -19.04 | -8.97 | -4.02 | 10.95 | 21.39 | 35.28 | |
Net Cash Flow | 0.18 | 3.38 | -5.63 | -0.70 | 0.72 | -0.38 | -0.18 | 0.03 | -0.20 | 0.17 | 28.25 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 51.10 | 108.58 | 197.36 | 242.21 | 282.33 | 429.59 | 272.01 | 620.48 | 1,166.96 | 359.90 | 231.74 |
Inventory Days | 83.99 | 85.64 | 116.30 | 122.08 | 114.15 | 203.65 | 90.38 | 155.10 | 187.35 | 295.12 | 74.49 |
Days Payable | 46.57 | 91.95 | 104.81 | 101.45 | 154.08 | 187.74 | 141.12 | 271.12 | 391.12 | 403.89 | 156.88 |
Cash Conversion Cycle | 88.51 | 102.27 | 208.85 | 262.85 | 242.40 | 445.50 | 221.27 | 504.46 | 963.19 | 251.13 | 149.35 |
Working Capital Days | 91.21 | 92.77 | 198.04 | 247.73 | 245.91 | 320.12 | 167.91 | 334.09 | -323.51 | 73.76 | 68.28 |
ROCE % | 6.71% | 6.36% | -1.99% | 1.60% | -6.55% | -7.34% | -9.18% | -121.39% | -22.90% | 0.06% |
Documents
Announcements
- Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015. 1 May
- Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 1 May
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 30 Apr
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 30 Apr
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Apr - Submission of Copy of Newspaper Publication for Corrigendum of Notice of Postal Ballot
Annual reports
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Financial Year 2023
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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 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Business Overview:[1]
Company is a manufacturer, exporter and supplier of Stainless Steel long Products viz. Stainless Steel Bars, and Mild Steel