Saraswati Commercial (India) Ltd

Saraswati Commercial (India) Ltd

₹ 9,670 4.41%
12 Jul - close price
About

Incorporated in 1983, Saraswati Commercial (India) Ltd deals in shares and securities & lending[1]

Key Points

Business Overview:[1][2][3]
SCIL is a Systemically Important Non
deposit-taking Non-Banking Financial
Company registered with RBI under the category of Investment and Credit Company.
It is in the business of investment in shares
and securities and lending activities. Company is identified for categorization as NBFC -Middle Layer under Scale Based Regulation, as the asset size of the company together with other NBFCs in a group is 1000+ crores.

  • Market Cap 996 Cr.
  • Current Price 9,670
  • High / Low 10,508 / 2,251
  • Stock P/E 9.59
  • Book Value 6,703
  • Dividend Yield 0.00 %
  • ROCE 21.8 %
  • ROE 18.5 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 73.2% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 13.5% over last 3 years.

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
-4 20 67 -11 11 -28 57 12 -18 30 29 40 30
1 0 1 0 1 0 1 1 1 1 1 1 1
Operating Profit -5 20 66 -11 10 -28 57 12 -19 29 28 39 29
OPM % 98% 99% 92% 99% 95% 98% 98% 98% 97%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 1 0 0 0 1 0 0 0 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -5 20 66 -11 10 -29 56 11 -20 28 28 39 29
Tax % 119% 19% 19% 5% 35% 14% 20% 26% 13% 14% 14% 14% 22%
1 16 53 -11 6 -25 45 8 -17 24 24 33 22
EPS in Rs 9.39 154.48 518.50 -105.06 62.04 -240.02 440.72 81.56 -169.05 237.11 231.09 323.53 217.21
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 22 99 19 11 16 9 1 28 87 24 128
0 21 87 1 3 2 2 14 2 2 3 3
Operating Profit 0 1 12 18 8 14 8 -13 26 85 21 125
OPM % 81% 5% 13% 95% 75% 86% 82% -938% 94% 97% 87% 98%
0 0 1 0 0 0 0 0 0 0 0 0
Interest 0 1 5 4 3 0 0 0 2 1 2 2
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 8 14 5 14 7 -13 25 84 19 123
Tax % 18% 0% 18% 0% -2% -17% 10% 26% 14% 22% 39% 16%
0 0 7 14 5 16 7 -10 21 65 12 104
EPS in Rs 159.56 66.64 -96.01 213.21 629.96 113.21 1,008.93
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 19%
5 Years: 69%
3 Years: 66%
TTM: 435%
Compounded Profit Growth
10 Years: 120%
5 Years: 73%
3 Years: 69%
TTM: 791%
Stock Price CAGR
10 Years: %
5 Years: 185%
3 Years: 54%
1 Year: 303%
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 13%
Last Year: 18%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1 1 1 1 1 1 1 1 1 1 1 1
Reserves 14 14 21 35 115 128 135 155 275 421 432 689
0 41 32 42 8 32 0 10 5 28 22 0
0 12 6 5 9 1 0 0 12 30 26 67
Total Liabilities 15 67 59 82 133 162 137 166 293 480 482 758
0 0 0 0 0 0 0 0 0 0 0 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 13 37 44 51 97 119 117 135 286 465 480 749
2 30 16 32 36 42 20 31 7 14 2 8
Total Assets 15 67 59 82 133 162 137 166 293 480 482 758

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1 25 -5 -16 -23 -6 -16 -18 -5 50 27 33
1 -23 10 20 27 8 16 16 4 -81 -22 -7
0 -1 -5 -4 -3 -3 -0 9 -7 33 -7 -24
Net Cash Flow 0 0 -0 0 2 -1 -0 7 -7 2 -2 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 2 2 119 91 0 0 32 0 4 0 0
Inventory Days 368 59
Days Payable 194 0
Cash Conversion Cycle 0 176 61 119 91 0 0 32 0 4 0 0
Working Capital Days 446 283 36 493 744 792 534 4,750 64 44 5 -36
ROCE % 3% 3% 23% 28% 8% 10% 5% -8% 12% 23% 5% 22%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
72.32% 72.32% 72.32% 72.32% 72.33% 72.33% 72.33% 72.33% 72.33% 72.33% 72.33% 72.33%
27.68% 27.68% 27.68% 27.68% 27.68% 27.68% 27.68% 27.67% 27.68% 27.68% 27.67% 27.68%
No. of Shareholders 1,2711,2361,3051,3141,6431,7021,7891,7961,7801,7651,9991,970

Documents