Saraswati Commercial (India) Ltd
Incorporated in 1983, Saraswati Commercial (India) Ltd deals in shares and securities & lending[1]
- Market Cap ₹ 540 Cr.
- Current Price ₹ 5,244
- High / Low ₹ 8,427 / 2,251
- Stock P/E 8.42
- Book Value ₹ 4,904
- Dividend Yield 0.00 %
- ROCE 4.53 %
- ROE 2.70 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.07 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.76% 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 19 | 11 | 16 | 9 | 1 | 28 | 87 | 24 | 81 | |
| 1 | 3 | 2 | 2 | 14 | 2 | 2 | 3 | 4 | |
| Operating Profit | 18 | 8 | 14 | 8 | -13 | 26 | 85 | 21 | 77 |
| OPM % | 95% | 74% | 86% | 82% | -938% | 94% | 97% | 87% | 96% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 4 | 3 | 0 | 0 | 0 | 2 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 14 | 5 | 14 | 8 | -13 | 25 | 84 | 19 | 75 |
| Tax % | 0% | -2% | -17% | 10% | 26% | 14% | 22% | 39% | |
| 14 | 5 | 16 | 7 | -10 | 21 | 65 | 12 | 64 | |
| EPS in Rs | 159.46 | 67.44 | -96.01 | 213.11 | 630.35 | 113.51 | 622.98 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 160% |
| TTM: | 52% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | 48% |
| TTM: | 81% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 160% |
| 3 Years: | 40% |
| 1 Year: | 98% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 10% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 35 | 115 | 128 | 135 | 156 | 278 | 426 | 437 | 504 |
| 42 | 8 | 32 | 0 | 10 | 5 | 28 | 22 | 41 | |
| 5 | 9 | 1 | 1 | 1 | 15 | 34 | 30 | 39 | |
| Total Liabilities | 82 | 133 | 162 | 137 | 168 | 299 | 488 | 491 | 585 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 51 | 97 | 119 | 117 | 137 | 292 | 474 | 489 | 511 |
| 32 | 36 | 42 | 20 | 31 | 7 | 14 | 2 | 74 | |
| Total Assets | 82 | 133 | 162 | 137 | 168 | 299 | 488 | 491 | 585 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| -16 | -23 | -6 | -16 | -18 | -5 | 50 | 27 | |
| 20 | 27 | 8 | 16 | 16 | 4 | -81 | -22 | |
| -4 | -3 | -3 | -0 | 9 | -7 | 33 | -7 | |
| Net Cash Flow | 0 | 2 | -1 | -0 | 7 | -7 | 2 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 119 | 91 | 0 | 0 | 32 | 0 | 4 | 0 |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 119 | 91 | 0 | 0 | 32 | 0 | 4 | 0 |
| Working Capital Days | 495 | 746 | 792 | 530 | 4,748 | 64 | 44 | 5 |
| ROCE % | 8% | 10% | 5% | -8% | 12% | 23% | 5% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 4 Apr
- Certificate Under Sub Regulation (9) Of Regulation 40 Of The SEBI (LODR) Regulations, 2015. 3 Apr
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Compliance Certificate - Regulation 7 (3) Of SEBI (LODR) Regulations, 2015
2 Apr - Compliance Certificate under regulation 7(3)of SEBI (LODR) Regulations, 2015 for the period April 01, 2023 to March 31, 2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Apr - Certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024.
- Closure of Trading Window 27 Mar
Annual reports
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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 2011
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Financial Year 2010
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Financial Year 2009
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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.