Suraj Industries Ltd

₹ 103 5.00%
19 Aug - close price
About

Suraj Industries is engaged in trading edible oils, empty glass bottles, and other products. [1]

Key Points

Products
The company deals with products like edible oils, Empty glass bottles, and other products. It has also started bottling operations of the Indian Made Foreign Liquor and Country Liquor from July 2021. [1] [2]

  • Market Cap 115 Cr.
  • Current Price 103
  • High / Low 181 / 2.70
  • Stock P/E 26.6
  • Book Value 4.77
  • Dividend Yield 0.00 %
  • ROCE 30.0 %
  • ROE 126 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 131 to 20.5 days.

Cons

  • Stock is trading at 21.6 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -8.06%
  • Company might be capitalizing the interest cost

* 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: Edible Oil Industry: Solvent Extraction

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Quarterly Results

Figures in Rs. Crores

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
0.63 0.24 0.11 0.32 0.13 0.39 0.07 6.40 3.06 14.96 12.25 11.00 9.83
0.82 0.39 0.20 0.38 0.18 0.47 0.15 6.16 3.03 13.95 10.68 8.89 7.89
Operating Profit -0.19 -0.15 -0.09 -0.06 -0.05 -0.08 -0.08 0.24 0.03 1.01 1.57 2.11 1.94
OPM % -30.16% -62.50% -81.82% -18.75% -38.46% -20.51% -114.29% 3.75% 0.98% 6.75% 12.82% 19.18% 19.74%
0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.05 0.00 0.00 0.00 0.02 0.18
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.01 0.02 0.15
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.19 0.21 0.20 0.24
Profit before tax -0.19 -0.15 -0.09 -0.04 -0.05 -0.08 -0.08 0.28 0.03 0.82 1.35 1.91 1.73
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -110.71% 0.00% 0.00% 0.00% 54.97% 24.86%
Net Profit -0.19 -0.15 -0.09 -0.04 -0.05 -0.08 -0.08 0.58 0.03 0.82 1.36 0.86 1.30
EPS in Rs -0.26 -0.21 -0.12 -0.05 -0.07 -0.11 -0.11 0.67 0.03 0.95 1.43 0.90 1.16

Profit & Loss

Figures in Rs. Crores

Mar 2009 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.85 1.30 6.99 41.26 48.04
0.14 0.02 0.02 0.00 0.01 0.08 0.15 0.15 0.77 1.76 6.89 36.54 41.41
Operating Profit -0.14 -0.02 -0.02 0.00 -0.01 -0.08 -0.15 -0.12 0.08 -0.46 0.10 4.72 6.63
OPM % -400.00% 9.41% -35.38% 1.43% 11.44% 13.80%
0.33 0.03 0.00 -0.01 0.01 0.00 0.00 0.00 0.19 0.02 0.05 0.02 0.20
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.09 0.02 0.18
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.60 0.84
Profit before tax 0.19 0.01 -0.02 -0.01 0.00 -0.08 -0.15 -0.12 0.27 -0.46 0.06 4.12 5.81
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -516.67% 25.49%
Net Profit 0.19 0.01 -0.02 -0.01 0.00 -0.08 -0.15 -0.12 0.27 -0.46 0.37 3.07 4.34
EPS in Rs 0.37 -0.63 0.43 3.22 4.44
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: 265%
TTM: 384%
Compounded Profit Growth
10 Years: 77%
5 Years: 86%
3 Years: 125%
TTM: 864%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 3888%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 126%

Balance Sheet

Figures in Rs. Crores

Mar 2009 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
7.34 7.34 7.34 7.34 7.34 7.34 7.34 7.29 7.29 7.29 8.65 9.54
Reserves -10.20 -8.14 -8.15 -8.17 -8.19 -8.28 -8.43 -8.49 -8.22 -8.69 -8.32 -4.99
1.42 1.14 1.14 1.14 1.14 1.14 1.14 1.14 1.14 1.24 3.53 19.23
1.94 1.90 1.89 1.90 1.78 1.69 1.27 0.28 0.85 1.09 3.86 3.02
Total Liabilities 0.50 2.24 2.22 2.21 2.07 1.89 1.32 0.22 1.06 0.93 7.72 26.80
0.13 0.04 0.04 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.12
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
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00
0.37 2.20 2.18 2.18 2.07 1.89 1.32 0.21 1.06 0.93 7.72 14.68
Total Assets 0.50 2.24 2.22 2.21 2.07 1.89 1.32 0.22 1.06 0.93 7.72 26.80

Cash Flows

Figures in Rs. Crores

Mar 2009 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-0.11 -0.16 0.00 -0.01 -0.01 0.00 0.00 0.00 0.05 -0.11 0.00 -4.97
0.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -3.98 -9.02
-0.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.04 0.10 4.15 16.66
Net Cash Flow -0.01 -0.16 0.00 -0.01 -0.01 0.00 0.00 0.00 0.01 -0.01 0.17 2.68

Ratios

Figures in Rs. Crores

Mar 2009 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 0.00 403.65 210.58 162.92 20.52
Inventory Days 0.00 0.00 0.00 0.00 1.84
Days Payable 16.35
Cash Conversion Cycle 0.00 403.65 210.58 162.92 6.01
Working Capital Days -973.33 90.18 -44.92 -4.70 81.21
ROCE % -5.97% 0.00% 0.00% -32.65% -120.00% 360.00% -1,760.00% 8.11% 29.96%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
40.42 40.42 40.42 40.42 40.41 40.41 49.81 49.81 49.81 54.50 54.50 46.44
59.58 59.58 59.58 59.58 59.59 59.59 50.19 50.19 50.19 45.50 45.50 53.55

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