Shervani Industrial Syndicate Ltd

Shervani Industrial Syndicate Ltd

₹ 636 -1.60%
24 Apr - close price
About

Incorporated in 1948, Shervani Industrial Syndicate Ltd is in the business of Real Estate and Biscuit manufacturing on job work basis[1]

Key Points

Business Overview:[1]
SISL was engaged in manufacturing of Geep brand Torches & Drycell Batteries. It diversified its activities in the area of Real Estate. Company's maiden real estate project was Sterling Apartments at Prayagraj.

  • Market Cap 172 Cr.
  • Current Price 636
  • High / Low 800 / 350
  • Stock P/E 5.43
  • Book Value 527
  • Dividend Yield 0.39 %
  • ROCE 2.79 %
  • ROE 2.30 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 61.2 to 39.6 days.
  • Promoter holding has increased by 2.02% over last quarter.

Cons

  • The company has delivered a poor sales growth of -24.4% over past five years.
  • Company has a low return on equity of 1.92% over last 3 years.
  • Dividend payout has been low at 4.26% of profits 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.

Peer comparison

Sector: Realty Industry: Construction

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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
10.42 8.19 0.53 0.65 0.15 2.97 0.92 15.09 2.05 3.50 72.25 29.17 11.85
8.24 6.58 1.41 1.79 1.22 2.97 1.65 10.57 2.62 3.52 52.14 21.94 9.71
Operating Profit 2.18 1.61 -0.88 -1.14 -1.07 0.00 -0.73 4.52 -0.57 -0.02 20.11 7.23 2.14
OPM % 20.92% 19.66% -166.04% -175.38% -713.33% 0.00% -79.35% 29.95% -27.80% -0.57% 27.83% 24.79% 18.06%
0.68 0.02 0.20 0.23 0.20 0.36 0.24 0.17 0.59 0.25 0.29 0.36 2.82
Interest 0.05 0.03 0.03 0.03 0.03 0.02 0.02 0.01 0.02 0.02 0.01 0.01 0.03
Depreciation 0.13 0.24 0.19 0.17 0.19 0.18 0.18 0.18 0.19 0.19 0.19 0.17 0.20
Profit before tax 2.68 1.36 -0.90 -1.11 -1.09 0.16 -0.69 4.50 -0.19 0.02 20.20 7.41 4.73
Tax % 0.00% -158.82% 0.00% 0.00% 0.00% -137.50% 0.00% 0.00% 0.00% 3,550.00% 0.00% 0.00% 0.00%
2.68 3.52 -0.90 -1.11 -1.09 0.38 -0.69 4.50 -0.19 -0.69 20.20 7.41 4.73
EPS in Rs 9.92 13.03 -3.33 -4.11 -4.04 1.41 -2.55 16.66 -0.70 -2.55 74.79 27.43 17.51
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
7 9 -0 0 28 42 87 73 87 27 4 22 117
8 8 2 2 27 31 54 31 63 23 7 18 87
Operating Profit -1 1 -2 -2 2 10 33 42 25 5 -3 3 29
OPM % -10% 8% 6% 25% 38% 58% 28% 17% -72% 15% 25%
2 -23 2 2 0 5 1 -0 1 1 1 1 4
Interest 0 0 0 0 1 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 1 1 1 1 1 1
Profit before tax 1 -23 -1 -1 1 15 34 42 25 5 -3 4 32
Tax % 0% 2% -1% -1% 12% -0% 27% 20% 21% -44% 7% 20%
1 -23 -1 -1 1 15 25 33 20 7 -3 3 32
EPS in Rs 2.27 -69.23 -3.59 -3.99 2.98 46.13 79.69 106.90 72.60 26.03 -10.07 10.85 117.18
Dividend Payout % 44% 0% -14% 0% 0% 0% 107% 0% 3% 10% -20% 23%
Compounded Sales Growth
10 Years: 10%
5 Years: -24%
3 Years: -37%
TTM: 455%
Compounded Profit Growth
10 Years: 0%
5 Years: -35%
3 Years: -47%
TTM: 691%
Stock Price CAGR
10 Years: 24%
5 Years: -2%
3 Years: 43%
1 Year: 62%
Return on Equity
10 Years: 6%
5 Years: 9%
3 Years: 2%
Last Year: 2%

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 3 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 211 188 187 185 186 196 172 151 131 131 127 122 140
Preference Capital 0 0 0 0 0 0 0 0 0 0 0 0
1 0 6 11 8 1 7 7 5 4 10 0 4
11 6 5 10 7 12 50 70 31 47 78 117 46
Total Liabilities 225 198 202 209 204 212 232 231 169 184 218 242 192
5 5 5 6 6 6 8 9 8 8 10 9 10
CWIP 0 0 1 0 0 0 0 0 0 0 0 0 1
Investments 27 18 18 17 15 20 21 21 12 12 16 14 16
193 175 177 186 183 186 203 202 150 164 193 219 165
Total Assets 225 198 202 209 204 212 232 231 169 184 218 242 192

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
-1 1 -7 -3 2 15 26 25 -13 5 1 6
0 2 -0 3 1 -6 -26 9 26 -0 -5 -0
-0 -1 6 4 -3 -7 1 -31 -23 -3 6 -11
Net Cash Flow -1 3 -2 4 -1 2 1 3 -9 2 1 -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 0 17 0 151 206 0 12 2 21 123 40
Inventory Days 4,261 2,672 1,821 2,221
Days Payable 2 5 5 15
Cash Conversion Cycle 0 17 0 4,410 2,873 1,816 12 2,209 21 123 40
Working Capital Days 9,076 6,604 5,803,500 2,057 1,331 444 461 446 1,357 8,348 1,468
ROCE % 1% 1% -1% -1% 1% 6% 18% 26% 17% 4% -2% 3%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024
60.12% 60.12% 60.12% 60.12% 60.11% 60.11% 60.11% 60.11% 60.07% 62.11% 60.22% 60.22%
39.88% 39.88% 39.88% 39.88% 39.89% 39.89% 39.89% 39.89% 39.93% 37.90% 39.78% 39.78%
No. of Shareholders 2,2542,2112,1732,0352,0101,8621,8621,8012,3162,3602,9162,879

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