Simmonds Marshall Ltd

About [ edit ]

Simmonds Marshall is primarily engaged in the business of manufacture of Industrial Fasteners such as nuts, bolts etc.

  • Market Cap 35.6 Cr.
  • Current Price 31.8
  • High / Low 49.5 / 20.0
  • Stock P/E
  • Book Value 41.0
  • Dividend Yield 0.00 %
  • ROCE -4.77 %
  • ROE -12.3 %
  • Face Value 2.00

Pros

  • Stock is trading at 0.78 times its book value
  • Debtor days have improved from 72.86 to 44.67 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.95% over past five years.
  • Company has a low return on equity of 4.34% for last 3 years.
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
46.85 42.01 49.49 49.03 41.26 42.23 36.11 31.74 31.62 7.63 33.10 40.46
41.02 38.65 43.36 45.52 39.42 38.77 36.09 32.49 34.99 14.79 32.78 41.12
Operating Profit 5.83 3.36 6.13 3.51 1.84 3.46 0.02 -0.75 -3.37 -7.16 0.32 -0.66
OPM % 12.44% 8.00% 12.39% 7.16% 4.46% 8.19% 0.06% -2.36% -10.66% -93.84% 0.97% -1.63%
Other Income 0.30 0.08 0.15 0.76 0.04 0.05 0.05 0.07 0.13 0.20 0.09 0.18
Interest 1.02 0.75 0.75 0.97 1.16 1.01 1.06 1.36 1.26 1.26 1.46 1.53
Depreciation 0.91 1.05 1.10 1.18 1.17 1.40 1.45 1.45 1.09 1.15 1.42 1.31
Profit before tax 4.20 1.64 4.43 2.12 -0.45 1.10 -2.44 -3.49 -5.59 -9.37 -2.47 -3.32
Tax % 22.86% 28.05% 28.44% 35.85% 113.33% 47.27% 34.02% 25.79% 26.83% -0.00% -0.00% -0.00%
Net Profit 3.24 1.17 3.17 1.37 0.06 0.57 -1.60 -2.59 -4.09 -9.36 -2.47 -3.32
EPS in Rs 2.89 1.04 2.83 1.22 0.05 0.51 -1.43 -2.31 -3.65 -8.36 -2.21 -2.96

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
33 48 71 91 90 104 135 136 145 175 182 142 113
28 38 55 74 80 93 117 121 129 154 167 142 124
Operating Profit 5 10 16 17 11 12 18 16 16 21 15 0 -11
OPM % 15% 21% 23% 18% 12% 11% 14% 11% 11% 12% 8% 0% -10%
Other Income 1 0 0 0 0 1 0 0 1 1 1 0 1
Interest 2 2 2 3 4 3 4 4 3 3 4 5 6
Depreciation 1 1 1 2 2 2 4 4 4 4 4 5 5
Profit before tax 3 7 13 12 5 7 11 8 10 14 8 -10 -21
Tax % 36% 36% 33% 34% 33% 37% 36% 36% 34% 30% 25% 26%
Net Profit 2 4 8 8 3 4 7 5 6 10 6 -8 -19
EPS in Rs 7.54 6.99 3.09 3.92 6.37 4.41 5.66 8.97 5.15 -6.88 -17.18
Dividend Payout % 15% 10% 7% 7% 16% 13% 8% 11% 9% 8% 10% -0%
Compounded Sales Growth
10 Years:11%
5 Years:1%
3 Years:-1%
TTM:-25%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-440%
Stock Price CAGR
10 Years:-0%
5 Years:-16%
3 Years:-37%
1 Year:46%
Return on Equity
10 Years:12%
5 Years:7%
3 Years:4%
Last Year:-12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
2 2 2 2 2 2 2 2 2 2 2 2 2
Reserves 8 13 21 28 31 35 41 45 52 61 65 56 44
Borrowings 17 14 20 31 32 31 35 32 32 28 37 47 46
9 9 11 14 13 16 25 18 23 29 32 31 40
Total Liabilities 36 38 54 76 79 83 103 98 108 120 137 137 133
11 12 13 22 22 21 26 22 28 28 28 26 44
CWIP -0 -0 0 0 0 -0 -0 0 0 1 1 19 3
Investments 0 0 0 2 3 3 3 4 4 4 4 4 3
25 27 40 52 54 58 74 72 76 88 105 89 83
Total Assets 36 38 54 76 79 83 103 98 108 120 137 137 133

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
2 7 2 7 6 8 9 9 9 11 -0 14
-3 -2 -3 -12 -3 -4 -6 -1 -8 -3 -5 -17
0 -4 3 7 -4 -5 -2 -8 -3 -8 6 3
Net Cash Flow -1 1 2 2 0 -1 0 -0 -2 -1 0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 17% 32% 42% 30% 14% 15% 21% 15% 15% 20% 12% -5%
Debtor Days 91 93 87 91 94 92 89 87 94 98 76 45
Inventory Turnover 1.48 1.98 2.09 2.15 1.88 2.06 1.91 1.76 1.94 1.92 1.44 0.90

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
56.67 56.67 56.50 58.12 58.12 58.12 58.12 58.37 58.41 58.63 58.63 58.63
2.59 2.45 0.82 0.88 0.89 0.91 0.97 0.97 1.00 1.00 1.00 1.00
40.73 40.88 42.69 40.99 40.99 40.96 40.90 40.67 40.59 40.36 40.36 40.36

Documents