Simmonds Marshall Ltd

About

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

  • Market Cap 38.4 Cr.
  • Current Price 34.2
  • High / Low 49.4 / 17.1
  • Stock P/E
  • Book Value 52.0
  • Dividend Yield 0.00 %
  • ROCE -4.98 %
  • ROE -12.3 %
  • Face Value 2.00

Pros

  • Stock is trading at 0.66 times its book value
  • Debtor days have improved from 72.82 to 46.29 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor growth of 1.02% over past five years.
  • Company has a low return on equity of 4.36% for last 3 years.
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
0.00 45.30 38.56 33.74 33.95 8.63
0.00 41.82 38.52 33.84 37.39 15.77
Operating Profit 0.00 3.48 0.04 -0.10 -3.44 -7.14
OPM % 7.68% 0.10% -0.30% -10.13% -82.73%
Other Income 0.00 0.05 0.06 0.08 0.14 0.20
Interest 0.00 1.01 1.14 2.08 1.26 1.26
Depreciation 0.00 1.42 1.47 1.47 1.11 1.17
Profit before tax 0.00 1.10 -2.51 -3.57 -5.67 -9.37
Tax % 47.27% 35.86% 27.45% 27.87% 0.00%
Net Profit 0.00 0.63 -1.54 -2.56 -4.27 -9.37
EPS in Rs 0.00 0.56 -1.38 -2.29 -3.81 -8.37
Notes Notes Notes Notes Notes Notes

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
93 98 112 144 145 155 188 195 152 115
76 87 100 125 130 138 166 179 152 126
Operating Profit 17 11 12 19 16 16 21 15 -0 -11
OPM % 18% 11% 11% 13% 11% 11% 11% 8% -0% -9%
Other Income 0 0 1 0 0 0 1 1 0 0
Interest 3 4 3 4 4 3 3 4 5 6
Depreciation 2 2 2 4 4 4 4 5 5 5
Profit before tax 12 5 7 11 8 10 15 8 -11 -21
Tax % 34% 33% 36% 36% 36% 35% 31% 26% 28%
Net Profit 8 4 5 7 5 6 10 6 -8 -18
EPS in Rs 7.12 3.12 4.12 6.62 4.21 5.67 8.94 5.23 -6.92 -15.85
Dividend Payout % 7% 16% 12% 8% 12% 9% 8% 10% 0%
Compounded Sales Growth
10 Years:%
5 Years:1%
3 Years:-1%
TTM:-22%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-232%
Stock Price CAGR
10 Years:-4%
5 Years:-18%
3 Years:-25%
1 Year:-30%
Return on Equity
10 Years:%
5 Years:7%
3 Years:4%
Last Year:-12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
2 2 2 2 2 2 2 2 2
Reserves 28 31 35 41 45 52 61 65 56
Borrowings 32 33 31 35 32 32 28 37 47
16 15 17 27 20 25 32 36 34
Total Liabilities 79 80 84 105 100 111 123 141 140
23 23 23 27 23 29 28 29 26
CWIP 0 0 0 0 0 0 1 1 19
Investments 0 0 0 0 0 0 0 0 0
55 57 62 78 76 82 94 111 95
Total Assets 79 80 84 105 100 111 123 141 140

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 14% 16% 21% 15% 15% 20% 12% -5%
Debtor Days 97 91 88 87 86 94 96 76 46
Inventory Turnover 2.00 2.13 1.99 1.85 1.98 2.00 1.53 0.98

Shareholding Pattern

Numbers in percentages

Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020
56.67 56.67 56.67 56.67 56.50 58.12 58.12 58.12 58.12 58.37 58.41 58.63
1.96 2.52 2.59 2.45 0.82 0.88 0.89 0.91 0.97 0.97 1.00 1.00
41.37 40.80 40.73 40.88 42.69 40.99 40.99 40.96 40.90 40.67 40.59 40.36

Documents