Surbhi Industries Ltd
₹ 2.27
None%
02 May 2023
About
Incorporated in 1992, Surbhi Industries Ltd manufactures Fabric and Yarn (Textile)
Key Points
- Market Cap ₹ 0.78 Cr.
- Current Price ₹ 2.27
- High / Low ₹ 2.27 / 1.89
- Stock P/E 8.67
- Book Value ₹ 44.4
- Dividend Yield 0.00 %
- ROCE 5.11 %
- ROE 0.56 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.05 times its book value
- Debtor days have improved from 75.5 to 55.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.47% over past five years.
- Company has a low return on equity of 5.75% over last 3 years.
- Earnings include an other income of Rs.1.57 Cr.
* 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: Textiles Industry: Textiles - Processing
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17.18 | 18.41 | 35.32 | 41.34 | 30.77 | 20.80 | 19.80 | 19.43 | 28.76 | 18.03 | 28.61 | 27.09 | |
16.73 | 17.67 | 31.27 | 34.30 | 24.21 | 16.99 | 16.81 | 16.55 | 22.77 | 13.26 | 22.96 | 23.59 | |
Operating Profit | 0.45 | 0.74 | 4.05 | 7.04 | 6.56 | 3.81 | 2.99 | 2.88 | 5.99 | 4.77 | 5.65 | 3.50 |
OPM % | 2.62% | 4.02% | 11.47% | 17.03% | 21.32% | 18.32% | 15.10% | 14.82% | 20.83% | 26.46% | 19.75% | 12.92% |
0.84 | 0.70 | 1.44 | 1.96 | 1.76 | 3.78 | 1.35 | 1.56 | 1.35 | 1.02 | 1.09 | 1.57 | |
Interest | 0.33 | 0.48 | 1.56 | 2.25 | 2.26 | 2.41 | 1.47 | 1.40 | 0.94 | 0.48 | 1.08 | 1.50 |
Depreciation | 0.78 | 0.74 | 1.88 | 2.80 | 3.87 | 4.42 | 4.51 | 4.35 | 3.30 | 2.95 | 3.72 | 3.48 |
Profit before tax | 0.18 | 0.22 | 2.05 | 3.95 | 2.19 | 0.76 | -1.64 | -1.31 | 3.10 | 2.36 | 1.94 | 0.09 |
Tax % | 38.89% | -27.27% | 27.32% | 28.61% | 26.94% | 3.95% | 45.73% | 48.09% | 9.68% | 34.32% | 42.78% | 0.00% |
Net Profit | 0.12 | 0.28 | 1.50 | 2.83 | 1.60 | 0.72 | -0.90 | -0.68 | 2.80 | 1.55 | 1.11 | 0.09 |
EPS in Rs | 0.35 | 0.81 | 4.36 | 8.23 | 4.65 | 2.09 | -2.62 | -1.98 | 8.15 | 4.51 | 3.23 | 0.26 |
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: | % |
5 Years: | 6% |
3 Years: | -2% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | -68% |
TTM: | -92% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 6% |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 | 3.44 | |
Reserves | 1.78 | 2.06 | 4.42 | 7.25 | 8.85 | 9.57 | 8.68 | 8.00 | 10.80 | 12.45 | 13.58 | 11.81 |
3.81 | 2.92 | 10.08 | 13.96 | 17.83 | 16.57 | 12.93 | 9.79 | 5.72 | 4.23 | 16.13 | 13.86 | |
1.62 | 2.23 | 3.73 | 6.13 | 8.07 | 1.66 | 0.91 | 1.24 | 1.71 | 1.26 | 1.16 | 6.12 | |
Total Liabilities | 10.64 | 10.64 | 21.66 | 30.77 | 38.18 | 31.23 | 25.96 | 22.47 | 21.67 | 21.38 | 34.31 | 35.23 |
5.29 | 4.81 | 11.78 | 20.60 | 26.56 | 20.63 | 16.38 | 12.11 | 8.84 | 7.46 | 15.30 | 18.87 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.17 | 0.00 |
Investments | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 |
5.13 | 5.61 | 9.66 | 9.95 | 11.40 | 10.38 | 9.36 | 10.14 | 12.61 | 13.56 | 18.62 | 16.14 | |
Total Assets | 10.64 | 10.64 | 21.66 | 30.77 | 38.18 | 31.23 | 25.96 | 22.47 | 21.67 | 21.38 | 34.31 | 35.23 |
Cash Flows
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.74 | 1.59 | 4.09 | 6.80 | 6.92 | 6.96 | 4.21 | 3.70 | 4.60 | 3.36 | 1.27 | 7.46 | |
0.07 | -0.21 | -1.52 | -11.45 | -9.73 | 0.95 | 0.90 | 0.32 | 0.46 | -1.40 | -11.42 | -6.77 | |
-0.80 | -1.37 | -2.59 | 4.67 | 2.82 | -7.92 | -5.11 | -4.02 | -5.01 | -1.97 | 10.60 | -1.20 | |
Net Cash Flow | 0.01 | 0.01 | -0.02 | 0.02 | 0.00 | 0.00 | 0.01 | 0.00 | 0.04 | -0.01 | 0.46 | -0.51 |
Ratios
Figures in Rs. Crores
Mar 2010 | Mar 2011 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 47.17 | 37.67 | 56.53 | 50.94 | 50.06 | 56.33 | 81.11 | 87.73 | 91.25 | 106.48 | 64.68 | 55.24 |
Inventory Days | 55.81 | 73.05 | 28.28 | 20.28 | 85.21 | 89.91 | 39.61 | 37.67 | 22.96 | 109.76 | 66.52 | 147.73 |
Days Payable | 22.55 | 41.13 | 36.69 | 19.14 | 45.04 | 5.66 | 5.97 | 25.33 | 17.39 | 45.56 | 16.33 | 13.19 |
Cash Conversion Cycle | 80.42 | 69.60 | 48.12 | 52.09 | 90.23 | 140.58 | 114.75 | 100.07 | 96.82 | 170.68 | 114.87 | 189.78 |
Working Capital Days | 85.83 | 75.14 | 31.62 | 26.22 | 29.30 | 100.73 | 108.76 | 112.52 | 96.07 | 185.84 | 175.80 | 148.21 |
ROCE % | 5.55% | 8.38% | 28.71% | 16.26% | 10.62% | -0.51% | 0.39% | 19.62% | 14.17% | 11.26% | 5.11% |
Documents
Announcements
- Results - Financial Audit Report As On 31.03.2023 31 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
26 May - Listing Obligation and Disclosure Requirements) Regulations, 2015, we have published the newspaper advertisements for the above mentioned results in western times (English) and Western Times …
- Non-Applicability Of Regulation 23(9) Of SEBI (Listing Obligation And Disclosure Requirement) (Amendment) Regulation, 2018, For The Half Year Ended On 31ST March, 2023 25 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
25 May - Annual Secretarial Compliance Report as specified under Regulation 24A of SEBI (LODR) (Amendment) Regulations, 2018 read with BSE Circular dated 9th May, 2019 to is …
- Board Meeting Outcome for Outcome Of Board Meeting For Audited Financial Results For The Quarter And Year Ended On 31.03.2023 25 May
Business Overview:[1]
Company is a part of the Surbhi Group which consists of other entities viz., Surbhi Textile Mills Private Limited. Company's manufacturing facility is located at Surat and it sells its products under the brand name ‘Surbhi’.