Sarda Proteins Ltd

Sarda Proteins Ltd

₹ 75.0 -4.58%
05 Dec - close price
About

Incorporated in 1991, Sarda Proteins
Ltd deals in the trading of Solar Cells[1]

Key Points

Business Overview:[1][2][3]
a) SPL used to deal in the protein products
and various other food products.
b) However, on 4th Sept 2024, the company resolved to switch its business to Power Industry for solar cell manufacturing and to deal
into dealing with all the machinery, instruments, and equipment for solar cell manufacturing
and solar power generation.
c) Hence, the company changed and
added a business objective to deal with
the renewable energy sector and solar
cell products.
d) Currently, it has core expertise in solar plant services, carbon-credit markets, intelligent asset management, and advanced automation technologies.

  • Market Cap 12.9 Cr.
  • Current Price 75.0
  • High / Low 144 / 60.0
  • Stock P/E
  • Book Value 13.2
  • Dividend Yield 0.00 %
  • ROCE 0.84 %
  • ROE 0.42 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company's working capital requirements have reduced from 256 days to 34.0 days

Cons

  • Stock is trading at 5.68 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 0.00% 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.

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
2.79 2.27 0.74 0.24 0.00 1.00 0.06 0.00 0.14 24.05 0.00 10.95 4.30
2.81 2.31 0.77 0.28 0.05 1.03 0.08 0.08 0.03 23.95 0.10 11.44 4.01
Operating Profit -0.02 -0.04 -0.03 -0.04 -0.05 -0.03 -0.02 -0.08 0.11 0.10 -0.10 -0.49 0.29
OPM % -0.72% -1.76% -4.05% -16.67% -3.00% -33.33% 78.57% 0.42% -4.47% 6.74%
0.02 0.04 0.04 0.04 0.04 0.04 0.04 0.00 0.00 0.00 0.00 0.00 0.11
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.00 0.00 0.01 0.00 -0.01 0.01 0.02 -0.08 0.11 0.10 -0.10 -0.49 0.40
Tax % 500.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 20.00% 0.00% 0.00%
0.00 0.00 -0.04 0.00 -0.01 0.01 0.02 -0.08 0.11 0.10 -0.11 -0.49 0.40
EPS in Rs 0.00 0.00 -0.23 0.00 -0.06 0.06 0.12 -0.46 0.64 0.58 -0.64 -2.84 2.32
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 TTM
2.47 5.02 2.06 6.18 5.65 7.22 5.40 11.36 10.76 5.80 1.30 24.19 39.30
2.60 5.14 2.18 6.35 6.00 7.33 5.31 11.38 10.50 5.95 1.45 24.17 39.50
Operating Profit -0.13 -0.12 -0.12 -0.17 -0.35 -0.11 0.09 -0.02 0.26 -0.15 -0.15 0.02 -0.20
OPM % -5.26% -2.39% -5.83% -2.75% -6.19% -1.52% 1.67% -0.18% 2.42% -2.59% -11.54% 0.08% -0.51%
0.00 0.80 0.00 0.00 -0.01 0.03 0.08 0.08 0.09 0.16 0.17 0.00 0.11
Interest 0.01 0.02 0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.03 0.04 0.02 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.17 0.62 -0.17 -0.19 -0.37 -0.09 0.17 0.06 0.35 0.01 0.02 0.02 -0.09
Tax % -29.41% 4.84% -5.88% -31.58% -10.81% 44.44% 82.35% 133.33% 14.29% 500.00% 0.00% 100.00%
-0.12 0.59 -0.15 -0.13 -0.33 -0.12 0.03 -0.02 0.31 -0.03 0.02 0.01 -0.10
EPS in Rs -0.37 1.80 -0.87 -0.75 -1.91 -0.70 0.17 -0.12 1.80 -0.17 0.12 0.06 -0.58
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: 17%
5 Years: 35%
3 Years: 31%
TTM: 3175%
Compounded Profit Growth
10 Years: 8%
5 Years: -20%
3 Years: -68%
TTM: -267%
Stock Price CAGR
10 Years: %
5 Years: 51%
3 Years: -22%
1 Year: -30%
Return on Equity
10 Years: -2%
5 Years: 3%
3 Years: 0%
Last Year: 0%

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 Sep 2025
Equity Capital 2.43 2.43 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50
Reserves -0.29 0.30 0.15 0.02 -0.31 -0.44 -0.41 -0.43 -0.12 -0.15 -0.13 -0.13 -0.22
0.32 0.21 0.61 0.20 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.16
0.13 0.20 0.21 0.20 0.13 0.12 0.06 0.07 0.07 0.05 0.07 0.28 84.69
Total Liabilities 2.59 3.14 3.47 2.92 2.32 2.19 2.15 2.14 2.45 2.40 2.44 2.65 87.13
0.50 0.10 0.06 0.05 0.03 0.02 0.01 0.01 0.00 0.00 0.00 0.00 0.00
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.70 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1.39 3.03 3.40 2.86 2.28 2.17 2.14 2.13 2.45 2.40 2.44 2.65 87.13
Total Assets 2.59 3.14 3.47 2.92 2.32 2.19 2.15 2.14 2.45 2.40 2.44 2.65 87.13

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
-0.12 -0.72 -1.20 -0.09 0.48 -0.59 -0.05 -0.05 0.10 -0.30 -0.23 -0.11
-0.10 1.90 0.20 0.00 0.02 0.11 0.09 0.08 0.09 0.16 0.17 0.00
0.25 -0.13 0.37 -0.42 -0.20 0.01 -0.01 0.00 0.00 0.00 0.00 0.03
Net Cash Flow 0.03 1.05 -0.63 -0.51 0.30 -0.47 0.03 0.03 0.19 -0.14 -0.07 -0.08

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 8.87 13.81 0.00 38.98 44.58 36.40 56.10 24.74 7.12 0.00 0.00 0.00
Inventory Days 92.42 32.70 324.22 64.41 28.64 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable 3.13 0.76 0.00 0.61 0.00
Cash Conversion Cycle 98.16 45.75 324.22 102.78 73.22 36.40 56.10 24.74 7.12 0.00 0.00 0.00
Working Capital Days 50.24 65.44 251.60 108.08 76.23 83.92 114.91 55.91 64.45 130.27 603.65 33.95
ROCE % -6.72% -5.93% -4.52% -6.02% -14.66% -5.63% 8.17% 2.88% 15.73% 0.42% 0.85% 0.84%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
28.42% 28.42% 28.42% 28.42% 28.42% 28.42% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
71.59% 71.59% 71.58% 71.58% 71.59% 71.59% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
No. of Shareholders 3,1583,1723,1763,2003,2173,1573,1073,0473,0042,9642,9412,938

Documents