Sarup Industries Ltd

Sarup Industries Ltd

₹ 91.6 -1.96%
10 Jun - close price
About

Incorporated in 1979, Sarup Industries Ltd is a manufacturer of footwear including shoes and shoe uppers.

Key Points

Business Overview:[1]
Company is in the business of leather, tanneries and developing new products with wide range of uppers, soles, tanneries and complete shoes. Company manufactures export quality shoes in Northern India and also a supplier of international brands.

  • Market Cap 29.8 Cr.
  • Current Price 91.6
  • High / Low 132 / 37.8
  • Stock P/E 45.8
  • Book Value -9.25
  • Dividend Yield 0.00 %
  • ROCE 5.25 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -4.98% over past five years.
  • Promoters have pledged 28.9% of their holding.
  • Earnings include an other income of Rs.4.17 Cr.
  • Company has high debtors of 218 days.

* 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

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
3.06 3.43 1.44 3.19 1.09 1.30 1.63 4.83 3.84 3.60 2.84 4.68 4.87
2.91 3.21 1.47 2.83 1.52 1.58 1.83 4.15 2.93 2.96 2.26 4.19 4.27
Operating Profit 0.15 0.22 -0.03 0.36 -0.43 -0.28 -0.20 0.68 0.91 0.64 0.58 0.49 0.60
OPM % 4.90% 6.41% -2.08% 11.29% -39.45% -21.54% -12.27% 14.08% 23.70% 17.78% 20.42% 10.47% 12.32%
0.01 0.55 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 4.14 0.00 0.02
Interest 0.60 0.53 0.47 0.65 0.61 0.65 0.47 0.45 0.52 0.46 0.40 0.25 0.25
Depreciation 0.23 0.20 0.19 0.19 0.25 0.21 0.19 0.19 0.17 0.13 0.14 0.11 0.14
Profit before tax -0.67 0.04 -0.69 -0.48 -1.28 -1.14 -0.86 0.04 0.23 0.05 4.18 0.13 0.23
Tax % 7.46% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 52.17% 0.00% 0.00% 0.00% -86.96%
-0.72 0.04 -0.69 -0.48 -1.28 -1.13 -0.86 0.04 0.11 0.05 4.19 0.13 0.43
EPS in Rs -2.21 0.12 -2.12 -1.48 -3.94 -3.47 -2.64 0.12 0.34 0.15 12.88 0.40 1.32
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
59.39 69.52 49.12 49.66 43.90 19.66 20.66 9.94 12.13 9.14 11.57 16.00
54.66 63.32 47.91 46.79 44.20 25.52 22.26 10.35 11.34 9.03 10.39 13.71
Operating Profit 4.73 6.20 1.21 2.87 -0.30 -5.86 -1.60 -0.41 0.79 0.11 1.18 2.29
OPM % 7.96% 8.92% 2.46% 5.78% -0.68% -29.81% -7.74% -4.12% 6.51% 1.20% 10.20% 14.31%
0.09 0.25 0.14 1.46 1.34 0.42 0.11 0.07 0.13 0.56 0.04 4.17
Interest 1.88 2.09 2.13 2.06 2.43 2.61 2.84 2.96 2.16 2.26 2.06 1.36
Depreciation 1.21 1.82 1.75 1.73 1.90 1.61 1.26 1.03 0.87 0.82 0.74 0.51
Profit before tax 1.73 2.54 -2.53 0.54 -3.29 -9.66 -5.59 -4.33 -2.11 -2.41 -1.58 4.59
Tax % 20.23% 20.08% -7.11% 0.00% -4.56% -5.28% -0.72% 0.46% 2.37% 3.73% 7.59% -4.36%
1.38 2.03 -2.36 0.54 -3.13 -9.15 -5.55 -4.35 -2.17 -2.50 -1.70 4.79
EPS in Rs 4.24 6.24 -7.26 1.66 -9.62 -28.13 -17.06 -13.37 -6.67 -7.69 -5.23 14.73
Dividend Payout % 42.39% 28.82% 0.00% 60.19% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -14%
5 Years: -5%
3 Years: 10%
TTM: 38%
Compounded Profit Growth
10 Years: -11%
5 Years: 16%
3 Years: 32%
TTM: 138%
Stock Price CAGR
10 Years: -2%
5 Years: 28%
3 Years: 60%
1 Year: 125%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

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 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3.25
Reserves 24.36 21.51 19.07 19.19 15.75 6.60 0.01 -4.34 -6.51 -9.00 -11.03 -6.26
12.90 16.59 30.06 34.73 37.67 39.24 38.17 42.14 39.08 39.46 42.98 36.79
16.95 22.87 21.76 20.79 17.80 26.04 30.68 29.97 29.84 30.31 30.25 31.93
Total Liabilities 57.46 64.22 74.14 77.96 74.47 75.13 72.11 71.02 65.66 64.02 65.45 65.71
12.46 17.09 15.05 15.07 13.39 11.86 10.74 9.74 9.15 8.33 7.02 4.66
CWIP 0.26 0.35 10.41 13.09 13.09 15.71 16.00 16.03 16.03 16.03 0.00 0.00
Investments 0.43 0.43 0.43 0.71 0.71 0.40 0.29 0.29 0.29 0.29 0.29 0.29
44.31 46.35 48.25 49.09 47.28 47.16 45.08 44.96 40.19 39.37 58.14 60.76
Total Assets 57.46 64.22 74.14 77.96 74.47 75.13 72.11 71.02 65.66 64.02 65.45 65.71

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
1.02 5.30 -1.70 1.43 4.59 5.13 -2.65 -1.15 5.45 1.65 15.01 1.61
-1.21 -5.99 -9.65 -4.67 -0.34 -2.71 -1.26 -0.06 -0.28 0.00 -16.23 5.99
-3.08 1.17 10.97 2.85 -4.06 -2.44 -2.68 1.10 -5.12 -1.84 1.55 -7.56
Net Cash Flow -3.27 0.47 -0.39 -0.38 0.19 -0.02 -6.59 -0.11 0.04 -0.19 0.33 0.04

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 65.76 64.79 83.22 98.86 92.12 168.95 166.95 365.73 269.61 382.97 298.75 218.09
Inventory Days 331.27 272.88 361.44 403.35 525.59 866.98 842.29 1,694.02 1,208.62 1,745.00 2,839.33 2,294.94
Days Payable 125.76 83.26 131.29 152.95 136.33 314.02 397.16 791.71 670.35 1,097.14 1,013.67 870.27
Cash Conversion Cycle 271.27 254.41 313.37 349.25 481.39 721.91 612.08 1,268.05 807.88 1,030.83 2,124.41 1,642.76
Working Capital Days 171.35 140.66 207.99 231.60 257.66 424.60 286.21 636.00 369.51 410.53 897.52 656.32
ROCE % 8.87% 11.31% -0.85% 4.73% -1.95% -13.33% -6.08% -3.32% 0.13% -0.43% 1.39% 5.25%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36% 74.36%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.10% 0.00% 0.00%
25.64% 25.63% 25.64% 25.64% 25.64% 25.64% 25.64% 25.63% 25.64% 25.54% 25.63% 25.65%
No. of Shareholders 1,6851,6641,6531,6461,6471,6291,6071,5921,5751,5571,5461,549

* 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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