SIP Industries Ltd

SIP Industries Ltd

₹ 6.01 2.56%
17 Apr 2023
About

SIP Industries manufacture, import and distribute Municipal Casting, Utility Fittings, Joint Restraints and OEM Castings.

  • Market Cap 2.81 Cr.
  • Current Price 6.01
  • High / Low /
  • Stock P/E
  • Book Value -0.28
  • Dividend Yield 0.00 %
  • ROCE -467 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.

* 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

Figures in Rs. Crores

Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
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
0.03 0.04 0.07 0.03 0.06 0.08 0.03 0.03 0.00 0.07 0.02 0.02 0.08
Operating Profit -0.03 -0.04 -0.07 -0.03 -0.06 -0.08 -0.03 -0.03 0.00 -0.07 -0.02 -0.02 -0.08
OPM %
0.00 0.00 0.00 0.00 -0.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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 -0.03 -0.04 -0.07 -0.03 -0.58 -0.08 -0.03 -0.03 0.00 -0.07 -0.02 -0.02 -0.08
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.03 -0.04 -0.07 -0.03 -0.58 -0.08 -0.03 -0.03 0.00 -0.07 -0.02 -0.02 -0.08
EPS in Rs -0.06 -0.09 -0.15 -0.06 -1.24 -0.17 -0.06 -0.06 0.00 -0.15 -0.04 -0.04 -0.17
Raw PDF

Profit & Loss

Figures in Rs. Crores

Sep 2008 Sep 2009 Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023 TTM
0.52 1.03 1.18 0.94 0.37 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.82 0.89 0.92 2.06 0.74 0.30 0.22 0.28 0.16 0.17 0.00 0.07 0.19
Operating Profit -0.30 0.14 0.26 -1.12 -0.37 -0.30 -0.22 -0.28 -0.16 -0.17 0.00 -0.07 -0.19
OPM % -57.69% 13.59% 22.03% -119.15% -100.00%
0.24 0.11 -0.03 0.00 0.00 0.00 0.00 0.63 0.00 0.00 0.00 0.00 0.00
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 0.28 0.28 0.28 0.27 0.27 0.26 0.26 0.09 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.34 -0.03 -0.05 -1.39 -0.64 -0.56 -0.48 0.26 -0.16 -0.17 0.00 -0.07 -0.19
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.34 -0.03 -0.05 -1.39 -0.64 -0.56 -0.48 0.26 -0.16 -0.17 0.00 -0.07 -0.19
EPS in Rs -0.73 -0.06 -0.11 -2.97 -1.37 -1.20 -1.03 0.56 -0.34 -0.36 0.00 -0.15 -0.40
Dividend Payout % 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: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 7%
5 Years: 10%
3 Years: %
TTM: %
Stock Price CAGR
10 Years: 4%
5 Years: 9%
3 Years: 36%
1 Year: 0%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Sep 2008 Sep 2009 Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68 4.68
Reserves -1.14 -1.14 -1.19 -2.58 -3.21 -3.77 -4.25 -3.99 -4.15 -4.32 -5.07 -4.78 -4.81
0.98 0.94 0.62 0.38 0.54 0.99 1.18 0.00 0.08 0.24 0.42 0.10 0.12
0.51 0.27 0.31 0.25 0.45 0.28 1.49 1.24 1.25 1.26 0.09 0.00 0.02
Total Liabilities 5.03 4.75 4.42 2.73 2.46 2.18 3.10 1.93 1.86 1.86 0.12 0.00 0.01
2.86 2.58 2.28 2.01 1.74 1.48 1.22 0.00 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.17 2.17 2.14 0.72 0.72 0.70 1.88 1.93 1.86 1.86 0.12 0.00 0.01
Total Assets 5.03 4.75 4.42 2.73 2.46 2.18 3.10 1.93 1.86 1.86 0.12 0.00 0.01

Cash Flows

Figures in Rs. Crores

Sep 2008 Sep 2009 Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023
-0.03 -0.03 0.31 0.24 -0.16 -0.44 -0.18 0.11 -0.14 -0.16 0.00 0.32
0.00 0.00 -0.01 0.00 0.00 0.00 0.00 1.13 0.00 0.00 0.00 0.00
0.00 -0.04 -0.31 -0.24 0.16 0.44 0.19 -1.18 0.08 0.16 0.00 -0.32
Net Cash Flow -0.03 -0.07 -0.01 0.00 0.00 0.00 0.01 0.05 -0.06 0.00 0.00 0.00

Ratios

Figures in Rs. Crores

Sep 2008 Sep 2009 Sep 2010 Sep 2011 Sep 2012 Sep 2013 Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2022 Mar 2023
Debtor Days 35.10 42.52 34.03 0.00 19.73
Inventory Days 634.78 1,095.00
Days Payable 269.78 786.15
Cash Conversion Cycle 35.10 42.52 34.03 365.00 328.58
Working Capital Days 1,102.02 666.21 562.97 178.62 256.49
ROCE % -7.44% -0.67% -0.47% -42.19% -28.51% -28.64% -27.35% 22.61% -24.62% -28.10% -466.67%

Shareholding Pattern

Numbers in percentages

Dec 2018Mar 2019Jun 2019Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.48% 62.48% 62.48% 62.48% 61.22% 62.48% 62.48% 62.48% 62.48% 62.48% 62.48% 62.48%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
37.51% 37.51% 37.51% 37.51% 38.77% 37.51% 37.52% 37.52% 37.52% 37.52% 37.52% 37.52%
No. of Shareholders 3,9113,9143,9174,4144,5904,6884,7454,7454,7454,7454,7454,745

* 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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