Sharat Industries Ltd
Incorporated in 1990, Sharat Industries
Ltd is in the business of Shrimp Aquaculture
and manufactures & sells shrimp feeds[1]
- Market Cap ₹ 110 Cr.
- Current Price ₹ 46.2
- High / Low ₹ 70.4 / 42.0
- Stock P/E 18.9
- Book Value ₹ 34.8
- Dividend Yield 0.54 %
- ROCE 11.1 %
- ROE 8.79 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 43.7% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 39.0%
- Company has a low return on equity of 6.47% over last 3 years.
- Promoter holding has decreased over last 3 years: -13.2%
* 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: Miscellaneous Industry: Aquaculture
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
40 | 59 | 137 | 199 | 145 | 158 | 147 | 193 | 199 | 250 | 246 | 332 | 300 | |
39 | 54 | 131 | 189 | 136 | 152 | 140 | 181 | 187 | 239 | 233 | 313 | 279 | |
Operating Profit | 1 | 5 | 7 | 10 | 9 | 6 | 8 | 12 | 12 | 11 | 14 | 19 | 21 |
OPM % | 2% | 8% | 5% | 5% | 7% | 4% | 5% | 6% | 6% | 5% | 6% | 6% | 7% |
3 | 1 | 1 | 2 | 2 | 4 | 1 | 1 | 2 | 2 | 1 | 3 | 1 | |
Interest | 0 | 0 | 1 | 2 | 4 | 5 | 4 | 6 | 8 | 6 | 6 | 9 | 10 |
Depreciation | 3 | 3 | 3 | 5 | 4 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 5 |
Profit before tax | 0 | 2 | 4 | 4 | 3 | 3 | 2 | 4 | 3 | 4 | 5 | 9 | 8 |
Tax % | 11% | 33% | 35% | 34% | 34% | 34% | 31% | 18% | 31% | 34% | 23% | 28% | |
0 | 2 | 3 | 3 | 2 | 2 | 1 | 3 | 2 | 3 | 3 | 7 | 6 | |
EPS in Rs | 0.11 | 0.69 | 1.17 | 1.17 | 0.95 | 0.77 | 0.49 | 1.32 | 0.80 | 1.17 | 1.45 | 2.73 | 2.45 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 19% |
5 Years: | 18% |
3 Years: | 19% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 44% |
3 Years: | 55% |
TTM: | -13% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 19% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 6% |
Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 24 | 24 | 24 |
Reserves | 23 | 18 | 21 | 23 | 25 | 27 | 28 | 31 | 33 | 35 | 46 | 55 | 59 |
0 | 0 | 11 | 30 | 39 | 30 | 43 | 55 | 58 | 82 | 89 | 89 | 86 | |
9 | 16 | 17 | 26 | 17 | 17 | 17 | 34 | 40 | 42 | 27 | 30 | 37 | |
Total Liabilities | 54 | 56 | 71 | 101 | 103 | 96 | 110 | 142 | 152 | 181 | 186 | 198 | 206 |
28 | 27 | 29 | 34 | 36 | 36 | 37 | 43 | 42 | 42 | 46 | 49 | 48 | |
CWIP | 3 | 3 | 4 | 0 | 0 | 0 | 1 | 0 | 2 | 2 | 3 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
23 | 26 | 38 | 67 | 67 | 60 | 72 | 98 | 109 | 137 | 138 | 147 | 157 | |
Total Assets | 54 | 56 | 71 | 101 | 103 | 96 | 110 | 142 | 152 | 181 | 186 | 198 | 206 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | 5 | 7 | -2 | -2 | 7 | -3 | -3 | 7 | -11 | 2 | 17 | |
0 | -2 | -10 | -8 | -8 | 0 | -4 | -9 | -3 | -6 | -8 | -6 | |
-3 | -0 | -1 | 16 | 5 | -8 | 3 | 13 | -5 | 17 | 9 | -7 | |
Net Cash Flow | 1 | 3 | -3 | 7 | -4 | -1 | -3 | 1 | -0 | 0 | 3 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 87 | 75 | 59 | 26 | 44 | 30 | 57 | 79 | 71 | 61 | 84 | 62 |
Inventory Days | 80 | 39 | 24 | 90 | 128 | 105 | 115 | 103 | 136 | 122 | 114 | 82 |
Days Payable | 146 | 95 | 55 | 57 | 44 | 27 | 45 | 50 | 61 | 50 | 26 | 24 |
Cash Conversion Cycle | 20 | 18 | 28 | 60 | 128 | 107 | 128 | 132 | 146 | 133 | 172 | 120 |
Working Capital Days | 74 | 11 | 40 | 52 | 103 | 97 | 123 | 121 | 129 | 133 | 155 | 117 |
ROCE % | -1% | 6% | 10% | 13% | 9% | 9% | 7% | 9% | 9% | 8% | 7% | 11% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 Apr
- Submission Of Certificate Under Regulation 40 (9) Of SEBI (LODR) Regulation, 2015 For The Year Ended 31St March, 2024 24 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for your reference and records.
-
Compliances-Compliance Certificate For The Period Ended Mrach 31, 2024.
10 Apr - Compliance Certificate under Regulation 7(3) of SEBI (LODR) Regulations, 2015 for the period ended March 31, 2024 for your reference and records.
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
-
Financial Year 2007
from bse
-
Financial Year 2006
from bse
-
Financial Year 2005
from bse
-
Financial Year 2004
from bse
Concalls
-
Feb 2024TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
Jun 2023Transcript PPT
-
Feb 2023TranscriptNotesPPT
Business Overview:[1]
SIL is a vertically integrated aquaculture company with operations across shrimp, hatchery, farming, shrimp feed manufacturing, shrimp processing and cold storage. Co started with Black Tiger and Scampi shrimps and then became a pioneer of Vannamei (white shrimp) culture in India. At present, company produces a wide range of raw and cooked frozen-shrimp and also sells shrimp feed