Sreechem Resins Ltd
Incorporated in 1988, Sreechem Resins Ltd is a manufacturer of Phenolic Resins & Allied Product
- Market Cap ₹ 16.0 Cr.
- Current Price ₹ 38.2
- High / Low ₹ 95.0 / 36.0
- Stock P/E
- Book Value ₹ 34.0
- Dividend Yield 0.00 %
- ROCE -1.17 %
- ROE -2.14 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 1.12 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 7.62% 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
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
30.69 | 31.27 | 24.42 | 24.95 | 28.27 | 32.88 | 29.71 | 34.47 | 72.53 | 76.53 | 52.97 | 35.50 | |
29.61 | 30.28 | 24.27 | 24.73 | 28.03 | 32.44 | 28.81 | 31.52 | 67.47 | 74.38 | 48.89 | 35.32 | |
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 |
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% |
0.03 | 0.08 | 0.13 | 0.05 | -0.45 | 0.02 | 0.04 | 0.06 | 0.05 | 0.05 | 0.08 | 0.16 | |
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 |
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 |
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 |
Tax % | 33.33% | 29.41% | 0.00% | -3.57% | -28.38% | 0.00% | 40.91% | 22.82% | 24.51% | 24.77% | 26.79% | -42.31% |
0.09 | 0.24 | -0.31 | -0.26 | -0.53 | -0.10 | 0.26 | 1.85 | 3.10 | 0.82 | 2.35 | -0.30 | |
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 | -0.71 |
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: | -33% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -113% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -7% |
1 Year: | -45% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 15% |
3 Years: | 8% |
Last Year: | -2% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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 |
3.69 | 2.83 | 2.65 | 2.13 | 2.70 | 3.13 | 3.50 | 5.76 | 7.31 | 3.79 | 3.92 | 2.23 | |
4.29 | 2.36 | 3.56 | 1.73 | 3.93 | 2.71 | 5.50 | 6.45 | 5.44 | 1.19 | 2.39 | 0.75 | |
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 |
2.15 | 1.92 | 1.82 | 1.67 | 1.47 | 1.58 | 1.80 | 2.50 | 5.14 | 6.19 | 6.23 | 5.89 | |
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 |
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 |
12.17 | 9.85 | 10.63 | 8.20 | 10.64 | 9.64 | 12.33 | 15.23 | 17.24 | 10.18 | 13.72 | 9.10 | |
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 |
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 | 0.79 | 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 | -0.28 | -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 | 92.89 | 86.96 | 106.12 | 90.99 | 80.95 | 72.49 | 78.50 | 91.70 | 58.73 | 39.82 | 77.52 | 81.43 |
ROCE % | 6.30% | 7.90% | 0.44% | 0.23% | 0.24% | 2.99% | 8.47% | 24.78% | 30.57% | 10.26% | 22.22% | -1.17% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Jun - Company has published the Audited Financial Results for the quarter and year 31st March ,2025.
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Intimation Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015
30 May - Re-appointment of Secretarial Auditor Mr. Navin Kothari for 5 years from April 2025, subject to shareholder approval.
- Standalone Audited Financial Results For The Quarter And Year Ended 31St March, 2025 In Compliance With IND AS Rules 30 May
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Board Meeting Outcome for Standalone Audited Financial Results For The Quarter And Year Ended 31St March, 2025 In Compliance With IND AS Rules
30 May - Sreechem Resins reports standalone audited financials for FY ended March 31, 2025, with unmodified audit opinion.
-
Closure of Trading Window
19 May - Board meeting on May 30 to approve audited results; trading window closed till 48 hours post declaration.
Annual reports
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Financial Year 2024
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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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Product Profile:[1]
Synthetic PF Resins viz., Novolak Resin and
Resol Resin, both in Liquid and Powder Form, Magnesia carbon refractory, Alumina carbon refractory, Dolomite refractory and Continuous casting refractory