Simran Farms Ltd

Simran Farms Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Simran Farms Ltd

₹ 129 0.00%
25 Apr 11:44 a.m.
simranfarms.com BSE: 519566
About

Incorporated in 1984, Simran Farms Ltd is
in the business of poultry farming and allied activities

Key Points

Business Overview:[1][2][3]
Company does integration and consolidation of poultry products and caters to poultry and its allied sectors. It is mainly focused on integration/contract farming with poultry farmers and consolidation of poultry activities and has also arranged its own manufacturing set-up for production of poultry feeds. Company's parent poultry breeding farms are located near Indore in Madhya Pradesh and hatcheries and contract rearing farms are located in Madhya Pradesh, Chhattisgarh, Punjab, Gujarat, Rajasthan, Jammu & Maharashtra. At present, major part of company’s revenue is generated from selling broilers. Company supplies its products to wholesalers & retailers located in various states

Website BSE
  • Market Cap ₹ 48.9 Cr.
  • Current Price ₹ 129
  • High / Low ₹ 250 / 102
  • Stock P/E 7.95
  • Book Value ₹ 88.9
  • Dividend Yield 0.00 %
  • ROCE 8.73 %
  • ROE 11.2 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has a good return on equity (ROE) track record: 3 Years ROE 39.3%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 1.48% over past five years.
  • Promoter holding is low: 37.3%
  • Tax rate seems low

* 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: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
111.59 70.51 90.28 112.44 106.10 84.87 93.40 83.59 86.92 103.05 105.59 119.04 123.38
95.91 78.79 80.39 107.90 108.44 85.91 92.15 89.09 83.57 95.46 103.66 114.91 127.83
Operating Profit 15.68 -8.28 9.89 4.54 -2.34 -1.04 1.25 -5.50 3.35 7.59 1.93 4.13 -4.45
OPM % 14.05% -11.74% 10.95% 4.04% -2.21% -1.23% 1.34% -6.58% 3.85% 7.37% 1.83% 3.47% -3.61%
0.18 0.05 0.01 0.04 0.01 2.75 0.05 0.01 0.41 0.23 0.48 0.38 0.40
Interest 0.24 0.58 0.37 0.37 0.44 0.75 0.65 0.43 0.47 0.52 0.67 0.45 0.31
Depreciation 0.53 0.53 0.51 0.52 0.53 0.53 0.46 0.54 0.51 0.45 0.40 0.38 0.37
Profit before tax 15.09 -9.34 9.02 3.69 -3.30 0.43 0.19 -6.46 2.78 6.85 1.34 3.68 -4.73
Tax % 41.68% 35.87% 37.03% 16.80% 21.82% -869.77% 57.89% 20.12% 7.91% 12.26% 56.72% 19.84% 28.12%
8.80 -5.99 5.69 3.07 -2.58 4.17 0.08 -5.16 2.57 6.01 0.59 2.95 -3.40
EPS in Rs 23.21 -15.80 15.01 8.10 -6.80 11.00 0.21 -13.61 6.78 15.85 1.56 7.78 -8.97
Raw PDF

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
228 282 360 444 447 410 341 320 281 322 394 367 451
228 284 356 438 440 401 330 310 307 297 383 360 442
Operating Profit 0 -2 3 6 7 9 11 10 -26 25 11 7 9
OPM % 0% -1% 1% 1% 2% 2% 3% 3% -9% 8% 3% 2% 2%
2 1 -0 0 0 0 0 0 0 0 3 1 1
Interest 0 1 1 3 5 6 3 2 1 2 2 2 2
Depreciation 1 1 1 2 2 2 2 2 2 2 2 2 2
Profit before tax 1 -3 1 1 0 1 5 6 -29 22 10 3 7
Tax % 35% -1% 26% -47% -103% 35% 26% 34% 26% 42% -5% -4%
1 -3 1 1 1 1 4 4 -22 12 10 3 6
EPS in Rs 1.79 -7.78 1.66 2.03 1.56 2.35 10.39 10.65 -56.81 32.94 27.30 9.20 16.22
Dividend Payout % 45% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 1%
3 Years: 9%
TTM: 29%
Compounded Profit Growth
10 Years: 12%
5 Years: -4%
3 Years: 29%
TTM: 549%
Stock Price CAGR
10 Years: 25%
5 Years: 6%
3 Years: 17%
1 Year: 18%
Return on Equity
10 Years: 7%
5 Years: 6%
3 Years: 39%
Last Year: 11%

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 4 4 4 4 4 4 4 4 4 4 4 4 4
Reserves 14 11 11 12 12 14 18 22 0 13 23 26 30
0 5 12 29 49 39 35 30 30 28 28 30 21
33 49 61 85 80 61 40 48 58 48 48 57 70
Total Liabilities 51 69 88 129 146 117 96 103 92 92 102 117 125
11 11 14 16 18 18 22 21 20 19 21 23 22
CWIP 0 0 0 1 0 0 0 0 0 1 0 0 0
Investments 1 1 1 1 1 1 1 1 1 1 1 1 1
39 56 73 110 126 98 73 81 70 71 80 93 101
Total Assets 51 69 88 129 146 117 96 103 92 92 102 117 125

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
2 4 3 -13 -17 4 10 16 -7 11 -2 -6
-2 -2 -4 -5 -3 -1 -6 -1 -2 -1 -0 -4
-0 -0 -0 20 19 -4 -1 0 0 -2 -0 0
Net Cash Flow -0 2 -1 2 -1 -1 3 15 -9 8 -3 -10

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 12 9 13 17 17 9 9 11 13 9 8 10
Inventory Days 53 66 69 83 96 91 75 69 56 57 56 88
Days Payable 51 68 69 81 75 64 47 62 79 61 49 64
Cash Conversion Cycle 14 7 12 19 38 36 38 18 -10 5 15 33
Working Capital Days 10 2 6 18 35 31 31 15 -9 4 13 26
ROCE % 7% -13% 9% 11% 9% 12% 16% 14% -64% 60% 18% 9%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
37.32% 37.32% 37.32% 37.32% 37.32% 37.32% 37.32% 37.32% 37.32% 37.32% 37.32% 37.32%
62.68% 62.68% 62.68% 62.68% 62.68% 62.69% 62.68% 62.68% 62.69% 62.68% 62.69% 62.67%
No. of Shareholders 3,6433,8604,7645,5105,4395,4895,4745,3425,1275,0525,1425,305

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