Sreechem Resins Ltd

Sreechem Resins Ltd

₹ 35.0 0.00%
25 Nov 11:16 a.m.
About

Incorporated in 1988, Sreechem Resins Ltd is engaged in production of Resins[1]

Key Points

Business Overview:[1][2]
SCRL manufactures phenol-based resins and other Allied Products, which are used by refractory units & steel plants. The co. regularly supplies Phenolic Resins to various Refractory manufacturers and to Steel Plants. In FY25, the company has commenced online sales of some consumer Products developed by it

  • Market Cap 14.7 Cr.
  • Current Price 35.0
  • High / Low 66.3 / 29.3
  • Stock P/E
  • Book Value 32.5
  • Dividend Yield 0.00 %
  • ROCE -1.99 %
  • ROE -3.63 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.08 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.63% over past five years.
  • Promoter holding is low: 24.8%
  • Company has a low return on equity of 7.06% over last 3 years.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Figures in Rs. Crores

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
21.96 8.84 7.45 7.29 8.14 19.69 17.86 8.62 8.45 9.60 8.83 8.62 6.54
21.41 9.15 8.48 7.70 8.05 17.27 15.88 8.37 8.84 9.72 8.40 8.58 6.96
Operating Profit 0.55 -0.31 -1.03 -0.41 0.09 2.42 1.98 0.25 -0.39 -0.12 0.43 0.04 -0.42
OPM % 2.50% -3.51% -13.83% -5.62% 1.11% 12.29% 11.09% 2.90% -4.62% -1.25% 4.87% 0.46% -6.42%
0.01 0.01 0.03 0.02 0.04 0.00 0.02 0.00 0.01 0.00 0.16 0.01 0.01
Interest 0.21 0.07 0.10 0.09 0.07 0.10 0.19 0.07 0.06 0.09 0.10 0.05 0.04
Depreciation 0.09 0.09 0.23 0.13 0.13 0.14 0.11 0.12 0.12 0.12 0.17 0.14 0.14
Profit before tax 0.26 -0.46 -1.33 -0.61 -0.07 2.18 1.70 0.06 -0.56 -0.33 0.32 -0.14 -0.59
Tax % 0.00% 0.00% 20.30% 0.00% 0.00% 0.00% 51.18% 0.00% 0.00% 0.00% -68.75% 0.00% -3.39%
0.26 -0.46 -1.60 -0.61 -0.07 2.19 0.83 0.06 -0.56 -0.33 0.54 -0.13 -0.57
EPS in Rs 0.65 -1.15 -4.00 -1.52 -0.18 5.48 2.08 0.14 -1.33 -0.79 1.29 -0.31 -1.36
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
30.69 31.27 24.42 24.95 28.27 32.88 29.71 34.47 72.53 76.53 52.97 35.50 33.59
29.61 30.28 24.27 24.73 28.03 32.44 28.81 31.52 67.47 74.38 48.89 35.32 33.66
Operating Profit 1.08 0.99 0.15 0.22 0.24 0.44 0.90 2.95 5.06 2.15 4.08 0.18 -0.07
OPM % 3.52% 3.17% 0.61% 0.88% 0.85% 1.34% 3.03% 8.56% 6.98% 2.81% 7.70% 0.51% -0.21%
0.03 0.08 0.13 0.05 -0.45 0.02 0.04 0.06 0.05 0.05 0.08 0.16 0.18
Interest 0.53 0.49 0.34 0.30 0.28 0.34 0.31 0.37 0.65 0.61 0.45 0.32 0.28
Depreciation 0.46 0.24 0.24 0.25 0.25 0.22 0.19 0.23 0.34 0.50 0.50 0.54 0.57
Profit before tax 0.12 0.34 -0.30 -0.28 -0.74 -0.10 0.44 2.41 4.12 1.09 3.21 -0.52 -0.74
Tax % 33.33% 29.41% 0.00% -3.57% -28.38% 0.00% 40.91% 22.82% 24.51% 24.77% 26.79% -28.85%
0.09 0.24 -0.31 -0.26 -0.53 -0.10 0.26 1.85 3.10 0.82 2.35 -0.37 -0.49
EPS in Rs 0.22 0.60 -0.78 -0.65 -1.32 -0.25 0.65 4.62 7.75 2.05 5.88 -0.88 -1.17
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 1%
5 Years: 4%
3 Years: -21%
TTM: -39%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -119%
Stock Price CAGR
10 Years: %
5 Years: 54%
3 Years: -33%
1 Year: -45%
Return on Equity
10 Years: 9%
5 Years: 14%
3 Years: 7%
Last Year: -4%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.20 4.20
Reserves 2.37 2.61 2.30 2.04 1.51 1.41 1.66 3.52 6.62 7.43 9.80 10.09 9.44
3.69 2.83 2.65 2.13 2.70 3.13 3.50 5.76 7.31 3.79 3.92 2.23 0.98
4.29 2.36 3.56 1.73 3.93 2.71 5.50 6.45 5.44 1.19 2.39 0.75 0.83
Total Liabilities 14.35 11.80 12.51 9.90 12.14 11.25 14.66 19.73 23.37 16.41 20.11 17.27 15.45
2.15 1.92 1.82 1.67 1.47 1.58 1.80 2.50 5.14 6.19 6.23 5.88 5.61
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.51 1.98 0.97 0.01 0.12 0.14 0.15
Investments 0.03 0.03 0.06 0.03 0.03 0.03 0.02 0.02 0.02 0.03 0.04 2.14 2.20
12.17 9.85 10.63 8.20 10.64 9.64 12.33 15.23 17.24 10.18 13.72 9.11 7.49
Total Assets 14.35 11.80 12.51 9.90 12.14 11.25 14.66 19.73 23.37 16.41 20.11 17.27 15.45

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0.97 1.26 0.46 0.91 -0.32 0.23 0.90 0.27 1.00 4.71 0.77 3.29
-0.12 0.06 -0.16 -0.09 -0.04 -0.34 -0.86 -2.40 -1.96 -0.60 -0.51 -2.17
-1.06 -1.34 -0.35 -0.77 0.33 0.13 0.10 1.95 0.95 -4.10 -0.26 -1.12
Net Cash Flow -0.21 -0.02 -0.05 0.04 -0.04 0.02 0.13 -0.19 -0.01 0.02 -0.01 0.00

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 47.93 22.18 56.50 42.57 58.23 45.96 91.77 101.12 48.86 18.41 56.92 46.78
Inventory Days 102.45 96.91 110.29 83.56 84.03 66.14 65.99 73.96 46.76 28.13 46.32 52.16
Days Payable 45.10 22.51 53.39 24.69 59.14 37.31 86.93 92.30 32.46 4.81 15.89 2.92
Cash Conversion Cycle 105.28 96.58 113.39 101.44 83.12 74.79 70.83 82.79 63.16 41.73 87.35 96.02
Working Capital Days 50.19 54.51 67.71 60.57 46.22 37.74 35.50 50.19 36.84 26.04 50.51 58.61
ROCE % 6.30% 7.90% 0.44% 0.23% 0.24% 2.99% 8.47% 24.78% 30.57% 10.26% 22.22% -1.99%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
21.02% 21.02% 21.02% 21.02% 21.04% 21.04% 24.80% 24.80% 24.80% 24.80% 24.80% 24.80%
0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
78.93% 78.93% 78.94% 78.94% 78.93% 78.91% 75.15% 75.15% 75.15% 75.16% 75.16% 75.16%
No. of Shareholders 10,23510,23710,21310,11310,0589,9309,8349,7959,7069,6509,6299,609

* 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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