Salora International Ltd

Salora International Ltd

₹ 61.4 -1.73%
13 May - close price
About

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.

Key Points

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

  • Market Cap 54.1 Cr.
  • Current Price 61.4
  • High / Low 80.4 / 30.8
  • 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 0.82 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

Sector: Retail Industry: Trading

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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: 12%
5 Years: 34%
3 Years: 16%
1 Year: 77%
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 74 92 98 107 144 110 86 182 140
ROCE % 14% 5% -1% -2% 0% 6% 3% 3% 3% 3% -6% 3%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.72% 66.72% 66.72% 66.72% 66.92% 66.92% 67.26% 68.88% 73.76% 73.76% 73.76% 73.76%
0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
33.27% 33.27% 33.27% 33.27% 33.08% 33.07% 32.74% 31.12% 26.25% 26.24% 26.24% 26.25%
No. of Shareholders 3,6073,5443,6973,5663,5683,6023,6423,6423,7093,7783,7973,794

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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