SG Mart Ltd

SG Mart Ltd

₹ 371 -2.37%
12 Dec 2:17 p.m.
About

SG Mart offers a wide range of products with 27+ product categories, and 2500+ SKUs. These categories include steel construction products like TMT Rebars, HR Sheet, Welding rod, Binding wire, mesh net, tapping screw and barbed wire, tiles, cement, bath fittings, laminates and paints. [1]

Key Points

Takeover [1][2]
Open offer at Rs 450 was made by Meenakshi and Dhruv Gupta, relatives of Sanjay Gupta of APL Apollo group. The Acquirers have adequate knowledge of the industry and its workflow; therefore they intend to acquire the company to explore the new market and for the growth and expansion of the existing business

  • Market Cap 4,162 Cr.
  • Current Price 371
  • High / Low 638 / 356
  • Stock P/E 43.9
  • Book Value 102
  • Dividend Yield 0.00 %
  • ROCE 14.5 %
  • ROE 11.1 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 233% CAGR over last 5 years
  • Company's median sales growth is 28.0% of last 10 years

Cons

  • Stock is trading at 3.66 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 10.7% over last 3 years.
  • Earnings include an other income of Rs.72.1 Cr.
  • Promoter holding has decreased over last 3 years: -34.0%

* 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: Trading Industry: Trading

Part of BSE SmallCap BSE Industrials BSE Allcap

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0 0 0 0 0 2 0 151 506 748 1,278 1,137 1,787
0 0 0 0 0 2 0 149 495 731 1,246 1,112 1,772
Operating Profit -0 -0 -0 -0 -0 -0 -0 2 11 17 32 24 14
OPM % -400% -8% 1% 2% 2% 2% 2% 1%
0 0 0 0 0 0 0 0 1 10 21 21 21
Interest 0 0 0 0 0 0 0 0 0 3 8 8 13
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 0 0 0 -0 2 12 23 45 37 22
Tax % 25% 25% 25% 19% 35% -24% 26% 25% 26% 25% 27% 25%
0 0 0 0 0 0 -0 1 9 17 34 27 17
EPS in Rs 0.02 0.02 0.10 0.11 0.06 0.00 -0.06 0.64 1.12 1.53 3.02 2.44 1.49
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 TTM
0 0 0 0 0 1 1 0 6 0 2 2,683 4,949
0 0 0 0 0 1 1 0 6 0 2 2,621 4,862
Operating Profit -0 -0 -0 -0 0 -0 -0 -0 -0 -0 -1 62 88
OPM % -100% -100% -300% 28% -5% -2% -36% -2% -425% -48% 2% 2%
0 0 0 0 0 0 0 1 1 1 1 32 72
Interest 0 0 0 0 0 0 0 0 0 0 0 12 32
Depreciation 0 0 0 0 0 0 0 0 0 0 0 1 1
Profit before tax 0 -0 -0 0 0 0 0 1 0 0 0 81 127
Tax % 0% 0% 21% 28% 28% 25% 27% 26% 27% 26% 25%
0 -0 -0 0 0 0 0 0 0 0 0 61 95
EPS in Rs 0.00 -0.00 -0.02 0.06 0.16 0.09 0.08 0.24 0.15 0.15 0.10 5.47 8.48
Dividend Payout % 0% 0% 45% 32% 56% 67% 21% 33% 0% 0% 0%
Compounded Sales Growth
10 Years: 226%
5 Years: 389%
3 Years: 652%
TTM: 651%
Compounded Profit Growth
10 Years: 139%
5 Years: 233%
3 Years: 488%
TTM: 839%
Stock Price CAGR
10 Years: %
5 Years: 135%
3 Years: 187%
1 Year: -3%
Return on Equity
10 Years: 10%
5 Years: 10%
3 Years: 11%
Last Year: 11%

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 Sep 2024
Equity Capital 1 1 1 1 1 1 1 1 1 1 1 11 11
Reserves 5 5 5 5 5 5 5 10 11 11 11 1,076 1,131
0 0 0 0 0 0 0 0 0 0 0 182 42
0 0 0 0 0 0 0 0 0 2 0 218 571
Total Liabilities 6 6 6 6 6 6 6 12 12 14 12 1,487 1,755
0 0 0 0 0 0 0 0 0 0 0 39 47
CWIP 0 0 0 0 0 0 0 0 0 0 0 17 27
Investments 6 6 0 2 2 2 6 0 0 5 0 0 0
0 0 6 3 4 4 1 12 12 8 12 1,431 1,680
Total Assets 6 6 6 6 6 6 6 12 12 14 12 1,487 1,755

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
-0 -0 -4 1 -0 0 -0 -0 -5 1 4 32
0 0 6 0 0 -0 -3 4 1 -4 6 -1,106
-0 -0 0 -3 0 0 3 -0 -0 -0 0 1,184
Net Cash Flow 0 0 2 -2 0 0 0 3 -5 -2 10 110

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 0 0 262 0 46 26 300 0 0 12
Inventory Days 0 0 0 1,385 0 10
Days Payable 0 27
Cash Conversion Cycle 0 0 0 262 0 46 26 1,685 0 0 -5
Working Capital Days 182 548 68,802 175 -10 -8 7,456 445 46,994 80 6
ROCE % 0% -0% -1% 2% 7% 4% 3% 4% 4% 3% 1% 15%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
94.69% 94.69% 94.69% 94.69% 89.37% 75.00% 75.00% 75.00% 53.79% 52.69% 40.97% 40.78%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 3.65% 5.62% 5.34%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.16% 0.54% 0.54% 1.61%
0.00% 0.00% 0.90% 0.90% 0.90% 0.90% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
5.31% 5.31% 4.40% 4.40% 9.73% 24.10% 25.00% 25.00% 42.01% 43.11% 52.88% 52.27%
No. of Shareholders 3174023843805665794604861,47210,73712,76922,908

* 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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