Sreechem Resins Ltd
₹ 80.0
0.06%
18 Apr
- close price
About
Incorporated in 1988, Sreechem Resins Ltd is a manufacturer of Phenolic Resins & Allied Product
Key Points
- Market Cap ₹ 32.0 Cr.
- Current Price ₹ 80.0
- High / Low ₹ 93.2 / 34.7
- Stock P/E
- Book Value ₹ 26.9
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 7.44 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 56.1 to 18.4 days.
- Company's working capital requirements have reduced from 63.4 days to 39.8 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 21.0%
- 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
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
29.53 | 28.55 | 30.69 | 31.27 | 24.42 | 24.95 | 28.27 | 32.88 | 29.71 | 34.47 | 72.53 | 76.53 | 42.57 | |
28.42 | 27.44 | 29.61 | 30.28 | 24.27 | 24.73 | 28.03 | 32.44 | 28.81 | 31.52 | 67.47 | 74.38 | 41.50 | |
Operating Profit | 1.11 | 1.11 | 1.08 | 0.99 | 0.15 | 0.22 | 0.24 | 0.44 | 0.90 | 2.95 | 5.06 | 2.15 | 1.07 |
OPM % | 3.76% | 3.89% | 3.52% | 3.17% | 0.61% | 0.88% | 0.85% | 1.34% | 3.03% | 8.56% | 6.98% | 2.81% | 2.51% |
0.06 | 0.05 | 0.03 | 0.08 | 0.13 | 0.05 | -0.45 | 0.02 | 0.04 | 0.06 | 0.05 | 0.05 | 0.09 | |
Interest | 0.56 | 0.56 | 0.53 | 0.49 | 0.34 | 0.30 | 0.28 | 0.34 | 0.31 | 0.37 | 0.65 | 0.61 | 0.36 |
Depreciation | 0.45 | 0.44 | 0.46 | 0.24 | 0.24 | 0.25 | 0.25 | 0.22 | 0.19 | 0.23 | 0.34 | 0.50 | 0.63 |
Profit before tax | 0.16 | 0.16 | 0.12 | 0.34 | -0.30 | -0.28 | -0.74 | -0.10 | 0.44 | 2.41 | 4.12 | 1.09 | 0.17 |
Tax % | 37.50% | 25.00% | 33.33% | 29.41% | 0.00% | 3.57% | 28.38% | 0.00% | 40.91% | 22.82% | 24.51% | 24.77% | |
0.10 | 0.11 | 0.09 | 0.24 | -0.31 | -0.26 | -0.53 | -0.10 | 0.26 | 1.85 | 3.10 | 0.82 | -0.09 | |
EPS in Rs | 0.25 | 0.28 | 0.22 | 0.60 | -0.78 | -0.65 | -1.32 | -0.25 | 0.65 | 4.62 | 7.75 | 2.05 | -0.22 |
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: | 10% |
5 Years: | 22% |
3 Years: | 37% |
TTM: | -58% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 79% |
3 Years: | 47% |
TTM: | -102% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 67% |
3 Years: | 80% |
1 Year: | 33% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 16% |
3 Years: | 22% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
Reserves | 2.17 | 2.28 | 2.37 | 2.61 | 2.30 | 2.04 | 1.51 | 1.41 | 1.66 | 3.52 | 6.62 | 7.43 | 6.76 |
4.05 | 4.28 | 3.69 | 2.83 | 2.65 | 2.13 | 2.70 | 3.13 | 3.50 | 5.76 | 7.31 | 3.78 | 2.42 | |
3.93 | 4.44 | 4.29 | 2.36 | 3.56 | 1.73 | 3.93 | 2.71 | 5.50 | 6.45 | 5.44 | 1.20 | 2.42 | |
Total Liabilities | 14.15 | 15.00 | 14.35 | 11.80 | 12.51 | 9.90 | 12.14 | 11.25 | 14.66 | 19.73 | 23.37 | 16.41 | 15.60 |
2.72 | 2.49 | 2.15 | 1.92 | 1.82 | 1.67 | 1.47 | 1.58 | 1.80 | 2.50 | 5.14 | 6.19 | 6.06 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.51 | 1.98 | 0.97 | 0.01 | 0.00 |
Investments | 0.03 | 0.03 | 0.03 | 0.03 | 0.06 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.03 | 0.56 |
11.40 | 12.48 | 12.17 | 9.85 | 10.63 | 8.20 | 10.64 | 9.64 | 12.33 | 15.23 | 17.24 | 10.18 | 8.98 | |
Total Assets | 14.15 | 15.00 | 14.35 | 11.80 | 12.51 | 9.90 | 12.14 | 11.25 | 14.66 | 19.73 | 23.37 | 16.41 | 15.60 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.94 | 0.56 | 0.97 | 1.26 | 0.46 | 0.91 | -0.32 | 0.23 | 0.90 | 0.27 | 1.00 | 4.71 | |
-0.23 | -0.22 | -0.12 | 0.06 | -0.16 | -0.09 | -0.04 | -0.34 | -0.86 | -2.40 | -1.96 | -0.60 | |
-0.58 | -0.31 | -1.06 | -1.34 | -0.35 | -0.77 | 0.33 | 0.13 | 0.10 | 1.95 | 0.95 | -4.10 | |
Net Cash Flow | 0.13 | 0.03 | -0.21 | -0.02 | -0.05 | 0.04 | -0.04 | 0.02 | 0.13 | -0.19 | -0.01 | 0.02 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 65.02 | 78.75 | 47.93 | 22.18 | 56.50 | 42.57 | 58.23 | 45.96 | 91.77 | 101.12 | 48.86 | 18.41 |
Inventory Days | 75.09 | 82.15 | 102.45 | 96.91 | 110.29 | 83.56 | 84.03 | 66.14 | 65.99 | 73.96 | 46.76 | 28.13 |
Days Payable | 49.56 | 54.45 | 45.10 | 22.51 | 53.39 | 24.69 | 59.14 | 37.31 | 86.93 | 92.30 | 32.46 | 4.81 |
Cash Conversion Cycle | 90.54 | 106.45 | 105.28 | 96.58 | 113.39 | 101.44 | 83.12 | 74.79 | 70.83 | 82.79 | 63.16 | 41.73 |
Working Capital Days | 91.47 | 100.87 | 92.89 | 86.96 | 106.12 | 90.99 | 80.95 | 72.49 | 78.50 | 91.70 | 58.73 | 39.82 |
ROCE % | 6.86% | 6.93% | 6.30% | 7.90% | 0.44% | 0.23% | 0.24% | 2.99% | 8.47% | 24.78% | 30.57% | 10.26% |
Documents
Announcements
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Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations 2015
2d - All the activities in relation to both physical and electric transfer facility for the period from 1st April, 2023 to 31st March, 2024 are maintained …
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under Regulation74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2024.
- Revised Proceedings Of Annual General Meeting (AGM) Held On 29Th September, 2023. 8 Apr
- Closure of Trading Window 30 Mar
- Revised Proceedings Of The Extra-Ordinary General Meeting Held On 16Th March, 2024. 19 Mar
Annual reports
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Financial Year 2023
from bse
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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
from bse
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Financial Year 2009
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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