Salora International Ltd
Incorporated in 1986, Salora International Ltd is engaged in the business of Consumer Electronics, Telecom, Information Technology and Lifestyle and caters to both retail and B2B space.
- Market Cap ₹ 38.6 Cr.
- Current Price ₹ 43.8
- High / Low ₹ 85.0 / 38.3
- 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 0.59 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: | 0% |
| 5 Years: | 23% |
| 3 Years: | 5% |
| 1 Year: | -25% |
| 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 |
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% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
25 Sep - 56th AGM on 24 Sep 2025: all resolutions passed; directors reappointed; secretarial auditor appointed; auditor remuneration ratified.
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PROCEEDING OF 56TH ANNUAL GENERAL MEETING
24 Sep - AGM Sep 24, 2025: financials adopted; director reappointment; independent director confirmations; auditors/cost-secretarial appointments.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
24 Sep - AGM on 24 Sep 2025: financials adoption, director reappointment, confirmations of Rajiv Bajaj and Tarun Jiwarajka, e-voting process.
-
COMMUNICATION TO BE PRESENTED AT ENSUING AGM FOR EXPANSION OF BUSINESS
23 Sep - Proposes new procurement-supply services vertical for food processing; pilots done; presented at 24 Sep 2025 AGM.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Sep - NOTICE OF 56TH ANNUAL GENERAL MEETING OF THE MEMBERS
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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 2012
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Financial Year 2012
from nse
Product Portfolio:[1][2]
Presently, company is focusing on manufacturing of consumer electronics and trading through E-commerce.
a) Arya Phones & uWear
b) Smart Phone & Feature Phones
c) Accessories
d) Tablets
e) 3G Dongle
f) LED
g) Multimedia Speaker
h) CTV
i) Q'BON Glassware Catalog
j) Q'BON Melamine ware Catalog
k) CE Components
l) Home Appliances