Salguti Industries Ltd

Salguti Industries Ltd

₹ 37.4 0.00%
29 Apr - close price
About

Incorporated in 1984, Salguti Industries Ltd manufactures HDPE/PP Woven sacks for packing of Fertilizers & Cement[1]

Key Points

Business Divisions:[1][2]
a) Plastic Division: SIL is having 2 Plastic units which manufacture HDPE/PP woven sacks to serve the Fertilizers, Sugar, Cement and Food Grain Industries as a supplier in Telengana/ Andhra Pradesh
b) Textiles Division: Company diversified into Textiles Industry by setting up a weaving division and started manufacturing cotton grey fabric for garments, bed linen and furnishings. Company exited the textile business in Q3 FY18

  • Market Cap 28.2 Cr.
  • Current Price 37.4
  • High / Low 37.4 / 25.6
  • Stock P/E
  • Book Value 12.2
  • Dividend Yield 0.00 %
  • ROCE 7.23 %
  • ROE 0.11 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.07 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.48% over past five years.
  • Company has a low return on equity of -0.11% 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: Packaging Industry: Packaging

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Quarterly Results

Figures in Rs. Crores

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
21.36 20.18 32.13 29.40 26.12 23.80 29.07 24.47 25.73 21.93 24.22 20.47 21.12
19.82 19.22 30.98 28.02 25.14 22.63 27.76 23.34 24.47 21.12 22.90 19.37 20.19
Operating Profit 1.54 0.96 1.15 1.38 0.98 1.17 1.31 1.13 1.26 0.81 1.32 1.10 0.93
OPM % 7.21% 4.76% 3.58% 4.69% 3.75% 4.92% 4.51% 4.62% 4.90% 3.69% 5.45% 5.37% 4.40%
0.00 0.24 0.00 0.10 0.03 0.31 0.09 0.13 0.02 0.15 0.08 0.00 0.12
Interest 0.94 1.00 0.62 0.94 0.65 0.88 0.89 0.73 0.78 0.48 0.89 0.51 0.65
Depreciation 0.45 0.51 0.48 0.47 0.48 0.50 0.49 0.51 0.48 0.50 0.54 0.52 0.54
Profit before tax 0.15 -0.31 0.05 0.07 -0.12 0.10 0.02 0.02 0.02 -0.02 -0.03 0.07 -0.14
Tax % -53.33% -87.10% -160.00% -114.29% 50.00% 490.00% 250.00% -200.00% -1,150.00% -1,300.00% 333.33% -14.29% 78.57%
0.24 -0.58 0.14 0.15 -0.05 -0.39 -0.02 0.07 0.25 -0.28 0.07 0.08 -0.03
EPS in Rs 0.32 -0.77 0.19 0.20 -0.07 -0.52 -0.03 0.09 0.33 -0.37 0.09 0.11 -0.04
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
99.89 110.05 122.77 124.95 116.46 85.27 81.27 84.12 80.98 79.59 111.44 101.20 87.74
91.40 100.90 112.93 114.84 106.85 78.08 78.25 79.05 74.97 73.88 106.45 96.47 83.58
Operating Profit 8.49 9.15 9.84 10.11 9.61 7.19 3.02 5.07 6.01 5.71 4.99 4.73 4.16
OPM % 8.50% 8.31% 8.01% 8.09% 8.25% 8.43% 3.72% 6.03% 7.42% 7.17% 4.48% 4.67% 4.74%
0.03 0.08 0.07 0.09 0.20 0.09 0.04 0.07 0.26 0.30 0.44 0.39 0.35
Interest 5.68 7.15 7.54 6.90 6.96 4.95 5.77 4.17 4.37 4.01 3.40 3.10 2.53
Depreciation 2.04 2.54 2.71 3.27 3.33 2.15 1.81 1.78 1.78 1.85 1.93 1.97 2.10
Profit before tax 0.80 -0.46 -0.34 0.03 -0.48 0.18 -4.52 -0.81 0.12 0.15 0.10 0.05 -0.12
Tax % 78.75% -106.52% -111.76% -866.67% 16.67% 177.78% 75.88% 113.58% 566.67% 20.00% 260.00% 80.00%
0.17 -0.95 -0.71 0.30 -0.40 -0.14 -1.09 0.12 -0.55 0.12 -0.16 0.01 -0.16
EPS in Rs 0.23 -1.26 -0.94 0.40 -0.53 -0.19 -1.45 0.16 -0.73 0.16 -0.21 0.01 -0.21
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: -1%
5 Years: 4%
3 Years: 8%
TTM: -15%
Compounded Profit Growth
10 Years: 7%
5 Years: 15%
3 Years: 26%
TTM: -78%
Stock Price CAGR
10 Years: %
5 Years: 18%
3 Years: 74%
1 Year: 36%
Return on Equity
10 Years: -2%
5 Years: -1%
3 Years: 0%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

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 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54 7.54
Reserves 5.53 5.10 4.39 3.58 3.18 3.04 1.95 2.07 1.51 1.63 1.47 1.48 1.63
50.97 58.57 62.40 58.69 56.54 51.62 34.64 37.42 37.22 38.59 37.53 31.61 31.37
12.16 12.87 13.58 17.90 22.43 20.02 11.98 11.29 16.35 13.37 17.02 16.55 18.98
Total Liabilities 76.20 84.08 87.91 87.71 89.69 82.22 56.11 58.32 62.62 61.13 63.56 57.18 59.52
34.67 40.23 38.13 34.36 31.40 25.65 11.23 10.32 9.27 8.60 7.40 5.81 6.01
CWIP 2.17 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 0.11 0.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.03 0.03 0.03
39.25 43.69 49.78 53.35 58.29 56.57 44.88 48.00 53.35 52.50 56.13 51.34 53.48
Total Assets 76.20 84.08 87.91 87.71 89.69 82.22 56.11 58.32 62.62 61.13 63.56 57.18 59.52

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
13.74 8.67 6.54 13.25 0.00 0.00 7.00 -0.12 3.43 4.77 4.98 -6.04
-12.63 -6.59 -1.00 -0.64 0.00 0.00 11.31 -1.88 -0.63 -0.98 -0.43 0.21
-1.03 -2.08 -5.63 -12.56 0.00 0.00 -18.09 1.77 -2.69 -3.89 -4.56 -9.06
Net Cash Flow 0.08 0.00 -0.09 0.05 0.00 0.00 0.22 -0.24 0.11 -0.10 -0.01 -14.89

Ratios

Figures in Rs. Crores

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 52.33 63.38 55.45 60.35 66.60 72.34 80.98 91.47 108.94 74.66 76.74 83.06
Inventory Days 79.06 81.82 95.47 91.66 89.93 153.05 117.65 95.08 112.55 148.71 104.14 97.79
Days Payable 36.18 33.66 30.98 47.12 69.16 100.12 65.06 58.01 89.74 72.20 61.56 65.47
Cash Conversion Cycle 95.21 111.53 119.94 104.89 87.37 125.28 133.57 128.54 131.75 151.17 119.31 115.38
Working Capital Days 94.42 96.81 97.81 90.44 99.54 145.97 128.94 139.59 154.51 167.07 119.12 115.34
ROCE % 10.98% 9.89% 9.89% 9.62% 9.46% 7.93% 2.35% 7.37% 9.62% 8.85% 7.42% 7.23%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07% 67.07%
3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32% 3.32%
29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62% 29.62%
No. of Shareholders 3,2383,1933,1823,1913,2013,2033,2113,2083,2063,2113,2113,211

* 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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