Sterling Green Woods Ltd

Sterling Green Woods Ltd

₹ 32.0 -1.99%
24 Apr 11:27 a.m.
About

Incorporated in 1992, Sterling Greenwoods Ltd is in the business of resorts and real estate[1]

Key Points

Projects Undertaken:[1][2]
Company is into real estate, clubs, and hospitality. It completed over 50 projects that include multistoried apartments, commercial centers, plotted developments, clubs and resort. It also promoted, designed & constructed Ahmedabad city’s first corporate Multi-specialty hospital. Many of its projects are in Ahmedabad viz. The Sunrise Park Township, Sterling Multi-specialty Hospital, Greenwoods Club & Lake Resort, Sanand Nalsarovar Road, etc.

  • Market Cap 13.6 Cr.
  • Current Price 32.0
  • High / Low 49.7 / 25.2
  • Stock P/E
  • Book Value 32.5
  • Dividend Yield 0.00 %
  • ROCE -2.64 %
  • ROE -7.89 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.99 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -5.19% over past five years.
  • Company has a low return on equity of -4.61% over last 3 years.
  • Promoter holding has decreased over last 3 years: -17.1%

* 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: Hotels & Restaurants Industry: Hotels

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
0.57 0.55 0.32 0.36 0.63 1.62 0.81 0.51 1.17 1.41 1.27 0.48 0.59
0.52 0.81 0.66 0.53 0.67 0.83 0.89 0.81 1.21 1.11 0.95 0.90 0.97
Operating Profit 0.05 -0.26 -0.34 -0.17 -0.04 0.79 -0.08 -0.30 -0.04 0.30 0.32 -0.42 -0.38
OPM % 8.77% -47.27% -106.25% -47.22% -6.35% 48.77% -9.88% -58.82% -3.42% 21.28% 25.20% -87.50% -64.41%
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
Interest 0.27 -0.46 0.09 0.07 0.07 0.69 0.26 0.27 0.28 0.04 0.21 0.21 0.21
Depreciation 0.12 0.22 0.14 0.14 0.14 0.09 0.13 0.13 0.13 0.16 0.14 0.14 0.14
Profit before tax -0.34 -0.02 -0.57 -0.38 -0.25 0.01 -0.47 -0.70 -0.45 0.10 -0.03 -0.77 -0.73
Tax % 0.00% 300.00% 0.00% 0.00% 0.00% -1,900.00% 0.00% 0.00% 0.00% -360.00% 0.00% 0.00% 0.00%
-0.34 0.03 -0.57 -0.39 -0.25 0.20 -0.47 -0.70 -0.45 0.47 -0.03 -0.77 -0.73
EPS in Rs -0.80 0.07 -1.34 -0.92 -0.59 0.47 -1.11 -1.65 -1.06 1.11 -0.07 -1.82 -1.72
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
7.27 6.60 2.91 2.11 3.09 2.64 4.53 3.77 2.84 2.15 1.74 3.47 3.75
6.11 4.23 2.88 1.67 2.04 3.95 3.53 3.63 3.30 1.99 2.43 4.06 3.93
Operating Profit 1.16 2.37 0.03 0.44 1.05 -1.31 1.00 0.14 -0.46 0.16 -0.69 -0.59 -0.18
OPM % 15.96% 35.91% 1.03% 20.85% 33.98% -49.62% 22.08% 3.71% -16.20% 7.44% -39.66% -17.00% -4.80%
0.40 -0.05 1.96 1.10 -0.07 3.34 0.77 0.49 0.35 0.38 1.18 0.43 0.00
Interest 0.42 0.46 0.51 0.85 0.86 0.60 0.68 0.85 1.03 0.35 0.92 0.86 0.67
Depreciation 0.39 1.56 0.56 0.68 0.69 0.73 0.68 0.67 0.47 0.57 0.52 0.55 0.58
Profit before tax 0.75 0.30 0.92 0.01 -0.57 0.70 0.41 -0.89 -1.61 -0.38 -0.95 -1.57 -1.43
Tax % 24.00% 76.67% 20.65% 100.00% 29.82% -5.71% -2.44% -2.25% 26.71% 15.79% 20.00% 22.93%
0.57 0.07 0.72 0.00 -0.40 0.74 0.42 -0.90 -1.18 -0.32 -0.76 -1.20 -1.06
EPS in Rs 1.34 0.17 1.70 0.00 -0.94 1.75 0.99 -2.12 -2.78 -0.75 -1.79 -2.83 -2.50
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: -6%
5 Years: -5%
3 Years: 7%
TTM: -9%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -1%
TTM: 25%
Stock Price CAGR
10 Years: 15%
5 Years: 31%
3 Years: 52%
1 Year: -1%
Return on Equity
10 Years: -3%
5 Years: -5%
3 Years: -5%
Last Year: -8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29 4.29
Reserves 18.88 18.34 18.92 15.59 15.05 14.49 14.78 14.63 13.31 12.83 11.74 10.37 9.50
4.03 4.30 5.63 8.42 7.82 6.42 8.73 9.28 11.93 11.64 11.04 12.83 11.07
7.60 7.84 7.78 7.08 5.76 8.44 6.67 6.75 6.04 5.55 5.74 5.74 6.53
Total Liabilities 34.80 34.77 36.62 35.38 32.92 33.64 34.47 34.95 35.57 34.31 32.81 33.23 31.39
26.43 25.03 24.70 23.55 22.97 21.40 24.79 24.93 24.42 24.30 23.67 23.31 22.36
CWIP 0.25 0.32 0.49 0.54 0.54 3.87 0.26 0.26 0.26 0.26 0.26 0.29 0.33
Investments 0.06 0.06 0.06 0.06 0.06 0.65 0.65 0.65 0.65 0.00 0.00 0.00 0.65
8.06 9.36 11.37 11.23 9.35 7.72 8.77 9.11 10.24 9.75 8.88 9.63 8.05
Total Assets 34.80 34.77 36.62 35.38 32.92 33.64 34.47 34.95 35.57 34.31 32.81 33.23 31.39

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.93 0.89 2.47 1.37 1.26 0.10 2.16 0.97 -1.89 0.74 -0.05 -0.48
-1.17 -0.60 -1.62 0.05 -1.16 -0.91 -0.42 -0.07 -0.08 0.01 -0.04 -0.36
-1.28 -0.35 -0.72 1.58 -0.75 -0.76 -1.55 -0.94 1.81 -0.63 -0.14 0.95
Net Cash Flow -0.52 -0.06 0.13 3.01 -0.65 -1.56 0.19 -0.03 -0.15 0.12 -0.23 0.11

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 172.21 242.23 218.25 65.73 114.58 27.65 14.50 9.68 28.27 13.58 25.17 6.31
Inventory Days 381.34 451.08 2,342.08 3,037.74 2,798.33 2,050.95 2,928.30 4,254.14 3,848.14 1,528.94
Days Payable 130.75 285.80 288.96 0.00 0.00 0.00 174.20 113.28 93.86 60.83
Cash Conversion Cycle 422.80 407.51 218.25 65.73 2,167.70 3,065.39 2,812.84 2,060.63 2,782.37 4,154.44 3,779.46 1,474.42
Working Capital Days 26.61 -36.50 -214.48 -361.54 -255.15 -483.90 -89.44 -32.92 107.96 166.37 318.85 197.75
ROCE % 4.07% 4.32% 5.27% 2.90% 2.85% -6.53% 2.64% -0.14% -2.01% -0.03% -0.11% -2.64%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
65.52% 65.52% 65.52% 65.52% 65.52% 65.52% 65.52% 65.52% 65.52% 48.45% 48.45% 48.45%
34.48% 34.48% 34.48% 34.48% 34.48% 34.49% 34.48% 34.49% 34.48% 51.55% 51.54% 51.54%
No. of Shareholders 2,5892,5942,6172,6272,6362,6772,6792,6512,6682,6732,7542,943

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