Saint-Gobain Sekurit India Ltd
Established in 1973, Saint-Gobain Sekurit India Limited is a subsidiary of Compagnie de Saint-Gobain(a transnational group with its headquarters in Paris). The Company is engaged primarily in the business of manufacture and sale of automotive glass. It offers its products mainly to 3 wheelers, Passenger Vehicles and Commercial Vehicles. [1][2]
- Market Cap ₹ 1,326 Cr.
- Current Price ₹ 146
- High / Low ₹ 158 / 109
- Stock P/E 42.2
- Book Value ₹ 21.6
- Dividend Yield 1.37 %
- ROCE 20.4 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 19.6% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 54.3%
- Debtor days have improved from 51.1 to 35.1 days.
- Company's working capital requirements have reduced from 52.0 days to 35.7 days
Cons
* 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: Glass & Glass Products Industry: Glass & Glass Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
109 | 104 | 133 | 141 | 123 | 146 | 160 | 135 | 105 | 151 | 186 | 201 | 200 | |
96 | 94 | 115 | 119 | 108 | 120 | 134 | 116 | 89 | 117 | 151 | 164 | 165 | |
Operating Profit | 12 | 9 | 18 | 22 | 16 | 27 | 26 | 19 | 16 | 34 | 36 | 37 | 35 |
OPM % | 11% | 9% | 13% | 16% | 13% | 18% | 16% | 14% | 15% | 22% | 19% | 18% | 18% |
-1 | 1 | 0 | -13 | 3 | 3 | 6 | 7 | 5 | 32 | 7 | 10 | 11 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 9 | 9 | 10 | 9 | 8 | 9 | 8 | 8 | 5 | 4 | 4 | 4 | 4 |
Profit before tax | 2 | 1 | 8 | 0 | 10 | 21 | 23 | 18 | 15 | 61 | 39 | 43 | 42 |
Tax % | 70% | 55% | 13% | 100% | 35% | 34% | 29% | 25% | 24% | 22% | 26% | 27% | |
1 | 0 | 7 | 0 | 7 | 14 | 16 | 13 | 11 | 48 | 29 | 31 | 31 | |
EPS in Rs | 0.07 | 0.05 | 0.74 | 0.00 | 0.74 | 1.51 | 1.76 | 1.47 | 1.25 | 5.23 | 3.17 | 3.43 | 3.45 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 80% | 57% | 47% | 58% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 24% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 52% |
5 Years: | 20% |
3 Years: | 47% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 23% |
3 Years: | 26% |
1 Year: | 23% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 12% |
3 Years: | 14% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 |
Reserves | -18 | -18 | -11 | -11 | -4 | 9 | 25 | 38 | 50 | 89 | 90 | 108 | 105 |
6 | 6 | 0 | 1 | 2 | 4 | 3 | 2 | 6 | 6 | 6 | 1 | 0 | |
25 | 18 | 28 | 21 | 16 | 14 | 21 | 26 | 24 | 19 | 20 | 26 | 29 | |
Total Liabilities | 105 | 97 | 108 | 103 | 105 | 119 | 141 | 157 | 171 | 205 | 207 | 226 | 226 |
62 | 56 | 50 | 39 | 44 | 38 | 32 | 25 | 22 | 20 | 18 | 17 | 18 | |
CWIP | 5 | 5 | 1 | 2 | 2 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 |
Investments | 0 | 1 | 10 | 15 | 23 | 43 | 51 | 97 | 103 | 133 | 143 | 160 | 117 |
38 | 36 | 47 | 46 | 36 | 38 | 57 | 35 | 46 | 52 | 46 | 48 | 90 | |
Total Assets | 105 | 97 | 108 | 103 | 105 | 119 | 141 | 157 | 171 | 205 | 207 | 226 | 226 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 17 | 15 | 11 | 7 | 17 | 24 | 27 | 2 | 12 | 34 | 30 | |
-12 | 0 | -9 | -10 | -8 | -18 | -21 | -27 | -5 | -2 | -5 | -9 | |
2 | 0 | -6 | -0 | 1 | 2 | -1 | -1 | 3 | -9 | -28 | -18 | |
Net Cash Flow | 1 | 17 | -0 | 0 | 0 | 0 | 1 | -1 | 1 | 0 | 1 | 2 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 50 | 49 | 53 | 40 | 46 | 61 | 50 | 48 | 92 | 69 | 49 | 35 |
Inventory Days | 99 | 99 | 72 | 66 | 71 | 51 | 64 | 66 | 87 | 93 | 60 | 75 |
Days Payable | 111 | 83 | 106 | 74 | 60 | 44 | 72 | 95 | 97 | 69 | 54 | 57 |
Cash Conversion Cycle | 37 | 66 | 19 | 32 | 57 | 68 | 42 | 18 | 83 | 93 | 55 | 53 |
Working Capital Days | 28 | 49 | 44 | 47 | 46 | 55 | 45 | 25 | 68 | 75 | 45 | 36 |
ROCE % | 5% | 1% | 10% | 18% | 11% | 20% | 16% | 11% | 8% | 18% | 18% | 20% |
Documents
Announcements
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations')
13 Nov - Received Show Cause Notice from GST Authority.
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Disclosure Under Regulation 30 - Termination Of Agreement With VEH Wind Energy Private Limited
28 Oct - Termination of agreement with VEH Wind Energy Private Limited.
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Disclosure Under Regulation 30 - Investment In Radiance MH Sunrise Thirteen Private Limited
28 Oct - Approval of ₹2.45 Cr investment in green power sourcing.
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Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2024, After Limited Review
28 Oct - Unaudited financial results for Q2 and H1 2024.
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Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2024, After Limited Review
28 Oct - Unaudited financial results for Q2 and H1 2024.
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 Portfolio
The Co. produces laminated and tempered glasses that are fitted on the body of automobiles. Laminated glass is used in windshields and tempered glass is used in backlights and sidelites. [1]