South Asian Enterprises Ltd
Incorporated in 1990, South Asian Enterprises
Ltd runs amusement parks and is engaged in other activities including trading in earthing
and lightning protection systems.
- Market Cap ₹ 21.4 Cr.
- Current Price ₹ 53.5
- High / Low ₹ 53.6 / 28.5
- Stock P/E
- Book Value ₹ 16.2
- Dividend Yield 0.00 %
- ROCE -3.62 %
- ROE -3.92 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company's working capital requirements have reduced from 127 days to 54.1 days
Cons
- Stock is trading at 3.31 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -32.0% over past five years.
- Company has a low return on equity of -3.38% over last 3 years.
- Company has high debtors of 176 days.
* 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.
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.55 | 1.43 | 2.33 | 2.08 | 2.19 | 1.76 | 1.85 | 1.57 | 1.06 | 0.71 | 0.14 | 0.27 | 0.48 | |
1.42 | 1.46 | 2.37 | 1.90 | 2.06 | 2.02 | 2.03 | 1.91 | 1.34 | 1.11 | 0.83 | 0.87 | 0.99 | |
Operating Profit | 0.13 | -0.03 | -0.04 | 0.18 | 0.13 | -0.26 | -0.18 | -0.34 | -0.28 | -0.40 | -0.69 | -0.60 | -0.51 |
OPM % | 8.39% | -2.10% | -1.72% | 8.65% | 5.94% | -14.77% | -9.73% | -21.66% | -26.42% | -56.34% | -492.86% | -222.22% | -106.25% |
-0.06 | 0.06 | 0.22 | 0.17 | 0.16 | 0.08 | 0.07 | 0.11 | 0.92 | 0.35 | 0.37 | 0.37 | 0.44 | |
Interest | 0.01 | 0.01 | 0.03 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | -0.00 | -0.00 | 0.00 |
Depreciation | 0.16 | 0.10 | 0.06 | 0.04 | 0.04 | 0.05 | 0.06 | 0.07 | 0.09 | 0.06 | 0.01 | 0.01 | 0.00 |
Profit before tax | -0.10 | -0.08 | 0.09 | 0.30 | 0.24 | -0.25 | -0.19 | -0.32 | 0.54 | -0.12 | -0.33 | -0.24 | -0.07 |
Tax % | 20.00% | -0.00% | 77.78% | 33.33% | 33.33% | -60.00% | 5.26% | 3.12% | -1.85% | 16.67% | -0.00% | -4.17% | |
-0.08 | -0.08 | 0.02 | 0.21 | 0.16 | -0.40 | -0.18 | -0.31 | 0.54 | -0.11 | -0.33 | -0.26 | -0.07 | |
EPS in Rs | -0.20 | -0.20 | 0.05 | 0.52 | 0.40 | -1.00 | -0.45 | -0.78 | 1.35 | -0.28 | -0.82 | -0.65 | -0.18 |
Dividend Payout % | -0.00% | -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: | -15% |
5 Years: | -32% |
3 Years: | -37% |
TTM: | 140% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -11% |
3 Years: | 3% |
TTM: | 76% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 71% |
3 Years: | 66% |
1 Year: | 68% |
Return on Equity | |
---|---|
10 Years: | -2% |
5 Years: | -4% |
3 Years: | -3% |
Last Year: | -4% |
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 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
Reserves | 8.02 | 7.93 | 7.96 | 8.16 | 8.31 | 2.36 | 3.06 | 1.97 | 3.22 | 3.10 | 2.75 | 2.51 | 2.47 |
0.05 | 0.22 | 0.05 | 0.01 | 0.06 | 0.11 | 0.21 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
0.75 | 0.33 | 0.34 | 0.28 | 0.23 | 0.24 | 0.24 | 0.22 | 0.25 | 0.20 | 0.24 | 0.29 | 0.28 | |
Total Liabilities | 12.82 | 12.48 | 12.35 | 12.45 | 12.60 | 6.71 | 7.51 | 6.19 | 7.47 | 7.30 | 6.99 | 6.80 | 6.75 |
0.57 | 0.41 | 0.30 | 0.25 | 0.22 | 0.21 | 0.24 | 0.15 | 0.12 | 0.06 | 0.11 | 0.10 | 0.10 | |
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 | 10.03 | 10.02 | 10.02 | 10.02 | 10.02 | 4.46 | 5.36 | 4.59 | 3.09 | 0.17 | 0.37 | 0.37 | -0.00 |
2.22 | 2.05 | 2.03 | 2.18 | 2.36 | 2.04 | 1.91 | 1.45 | 4.26 | 7.07 | 6.51 | 6.33 | 6.65 | |
Total Assets | 12.82 | 12.48 | 12.35 | 12.45 | 12.60 | 6.71 | 7.51 | 6.19 | 7.47 | 7.30 | 6.99 | 6.80 | 6.75 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.19 | -0.23 | -0.20 | 0.28 | 0.27 | 1.69 | -0.08 | -0.07 | 0.84 | -1.70 | -1.83 | -0.58 | |
0.09 | 0.10 | 0.17 | -0.23 | -0.33 | -1.62 | -0.03 | 0.34 | -0.07 | 1.68 | 1.04 | 0.56 | |
-0.17 | 0.15 | -0.20 | -0.05 | 0.05 | -0.01 | -0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | |
Net Cash Flow | 0.11 | 0.02 | -0.23 | 0.01 | -0.01 | 0.06 | -0.12 | 0.25 | 0.76 | -0.02 | -0.79 | -0.02 |
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 | 89.48 | 51.05 | 101.82 | 71.95 | 58.33 | 66.36 | 104.57 | 39.52 | 89.53 | 128.52 | 104.29 | 175.74 |
Inventory Days | 345.45 | 365.00 | 91.25 | 125.00 | 174.79 | 273.75 | 224.62 | 186.22 | 221.21 | 182.50 | 243.33 | 170.33 |
Days Payable | 228.12 | 45.63 | 20.60 | -0.00 | 61.69 | 24.33 | 33.69 | 14.90 | 22.12 | -0.00 | 91.25 | 170.33 |
Cash Conversion Cycle | 206.81 | 370.42 | 172.47 | 196.95 | 171.43 | 315.78 | 295.49 | 210.85 | 288.62 | 311.02 | 256.37 | 175.74 |
Working Capital Days | 94.19 | 178.67 | 142.55 | 138.63 | 100.00 | 184.57 | 155.86 | 81.37 | 96.42 | 169.65 | 156.43 | 54.07 |
ROCE % | 0.57% | -0.17% | 0.58% | 2.56% | 2.04% | -2.44% | -2.47% | -4.53% | -4.25% | -1.54% | -4.77% | -3.62% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 29 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Apr
-
Compliance Certificate For The Year Ended March 31, 2024.
6 Apr - Compliance Certificate under Regulation 7(3) of SEBI(LODR) Regulations, 2015 for the year ended March 31, 2024.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
5 Apr - Demise of Shri Mahesh Prasad Mehrotra (DIN:00016768)- Promoter and Non-Executive Director of the Company.
-
Announcement under Regulation 30 (LODR)-Demise
5 Apr - Demise of Shri Mahesh Prasad Mehrotra (DIN: 00016768) - Promoter and Non-Executive Director of the Company.
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 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
Business Overview:[1]
Company deals in earthing materials and lightning protection systems including installation in electrical engineering segment. Company's target customers are Power utilities, electronics and other hi-tech centers where earthing is important, apart from high-rise buildings, hotels, residential units, etc.