Salora International Ltd
Incorporated in 1986, Salora International Ltd manufactures hand deals in consumer electronics.[1]
- Market Cap ₹ 27.6 Cr.
- Current Price ₹ 31.3
- High / Low ₹ 57.9 / 25.2
- Stock P/E
- Book Value ₹ 74.7
- Dividend Yield 0.00 %
- ROCE 3.11 %
- ROE -7.45 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.42 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -14.8% over past five years.
- Company has a low return on equity of -7.34% over last 3 years.
- Contingent liabilities of Rs.70.8 Cr.
- Debtor days have increased from 64.4 to 95.9 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
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,113 | 718 | 529 | 511 | 413 | 390 | 393 | 293 | 309 | 321 | 128 | 176 | |
| 1,092 | 702 | 527 | 513 | 411 | 379 | 386 | 284 | 301 | 317 | 133 | 170 | |
| Operating Profit | 21 | 16 | 1 | -2 | 2 | 11 | 7 | 8 | 8 | 4 | -6 | 6 |
| OPM % | 2% | 2% | 0% | -0% | 1% | 3% | 2% | 3% | 3% | 1% | -4% | 3% |
| 23 | 1 | 2 | 2 | 1 | 2 | 5 | 1 | 0 | 3 | 0 | 0 | |
| Interest | 5 | 11 | 7 | 8 | 10 | 8 | 7 | 6 | 7 | 7 | 7 | 7 |
| Depreciation | 6 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 2 | 2 |
| Profit before tax | 33 | 1 | -9 | -13 | -11 | 1 | 1 | -1 | -1 | -3 | -15 | -3 |
| Tax % | 30% | 78% | -40% | -28% | -26% | -209% | -50% | -29% | -40% | -14% | -29% | 52% |
| 23 | 0 | -5 | -9 | -8 | 2 | 2 | -0 | -1 | -2 | -10 | -5 | |
| EPS in Rs | 26.46 | 0.10 | -6.05 | -10.34 | -9.02 | 2.87 | 1.76 | -0.33 | -0.84 | -2.59 | -11.75 | -5.84 |
| Dividend Payout % | 17% | 979% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -15% |
| 3 Years: | -17% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 51% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -6% |
| 3 Years: | -1% |
| 1 Year: | -30% |
| Return on Equity | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -4% |
| 3 Years: | -7% |
| Last Year: | -7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 127 | 126 | 121 | 112 | 104 | 106 | 105 | 104 | 103 | 73 | 62 | 57 |
| 93 | 87 | 57 | 53 | 56 | 43 | 48 | 46 | 41 | 57 | 59 | 68 | |
| 99 | 81 | 99 | 52 | 71 | 51 | 28 | 25 | 47 | 29 | 19 | 44 | |
| Total Liabilities | 327 | 302 | 285 | 225 | 239 | 209 | 190 | 183 | 199 | 168 | 149 | 178 |
| 57 | 54 | 50 | 45 | 41 | 38 | 36 | 31 | 30 | 27 | 25 | 23 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 2 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| 268 | 247 | 234 | 179 | 196 | 169 | 154 | 152 | 170 | 141 | 124 | 155 | |
| Total Assets | 327 | 302 | 285 | 225 | 239 | 209 | 190 | 183 | 199 | 168 | 149 | 178 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -57 | 13 | 42 | 13 | 3 | 16 | -1 | 7 | 12 | -11 | 4 | -3 | |
| 13 | -2 | -1 | 1 | -0 | -1 | 3 | -0 | -1 | -0 | -0 | 0 | |
| 41 | -18 | -42 | -15 | -3 | -15 | -1 | -7 | -11 | 11 | -4 | 3 | |
| Net Cash Flow | -3 | -6 | -1 | -0 | -1 | -0 | 1 | -1 | 0 | -0 | -0 | -0 |
| Free Cash Flow | -63 | 12 | 41 | 14 | 3 | 15 | -3 | 6 | 11 | -12 | 4 | -3 |
| CFO/OP | -230% | 130% | 3,422% | -369% | 58% | 145% | -19% | 80% | 157% | -293% | -79% | -47% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30 | 54 | 66 | 50 | 88 | 75 | 68 | 91 | 78 | 51 | 46 | 96 |
| Inventory Days | 48 | 58 | 71 | 43 | 44 | 40 | 40 | 57 | 64 | 63 | 184 | 123 |
| Days Payable | 26 | 33 | 64 | 30 | 59 | 40 | 21 | 21 | 53 | 30 | 46 | 88 |
| Cash Conversion Cycle | 52 | 78 | 73 | 63 | 73 | 74 | 87 | 126 | 88 | 84 | 184 | 130 |
| Working Capital Days | 56 | 89 | 97 | 45 | 51 | 68 | 71 | 96 | 72 | 31 | 41 | 33 |
| ROCE % | 14% | 5% | -1% | -2% | 0% | 6% | 3% | 3% | 3% | 3% | -6% | 3% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Employees Number ・Standalone data |
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| Wind Energy Installed Capacity MW ・Standalone data |
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| LED TV Monthly Production Capacity Units/Month ・Standalone data |
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| Number of Service Centers Number ・Standalone data |
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| Salora Brand Contribution to Income % ・Standalone data |
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Documents
Announcements
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DISCLOSURE UNDER REGULATION 30 OF SEBI LODR- SHOW CAUSE NOTICE RECEIVED FROM GST DEPARTMENT
28 Mar - Received GST show-cause notice 27 Mar 2026; registration suspended; reply due seven days; hearing 9 Apr 2026.
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Closure of Trading Window
24 Mar - Trading window closed Apr 1, 2026 until 48 hours after board meeting approving FY2026 results.
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REVISED DISCLOSURE REGULATION 30 OF SEBI LODR- COMMUNICATION RECEIVED FROM GST DEPARTMENT
23 Mar - GST provisional attachment of Kotak Mahindra and Canara bank accounts on 20 March 2026.
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DISCLOSURE UNDER REGULATION 30 OF SEBI LODR-COMMUNICATION RECEIVED FROM GST DEPARTMENT
21 Mar - 21 Mar 2026: GST authority provisionally attached company's bank accounts at Kotak Mahindra and Canara Bank.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Feb - News Paper publication of Unaudited Financial Result for Quarter ended 31st December 2025 in hindi and english news paper on 08th February 2026
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
Business Overview:[1][2]
SIL is engaged in the manufacturing and trading of mobile handsets, televisions, and other consumer electronics, along with distribution of telecom, audio, and lifestyle products. Earlier operating in consumer electronics and wind energy, the company currently focuses on manufacturing consumer electronics and e-commerce-led trading under its brands Salora and Arya.