Super Bakers (India) Ltd

Super Bakers (India) Ltd

₹ 28.5 9.62%
23 Apr - close price
About

Incorporated in 1978, Super Bakers (India) manufacturers bread and its varieties under brand name ‘Super Bread’.

Key Points

License:[1]
Company is a license holder of Modern Food Enterprises Pvt. Ltd. i.e. franchise of ‘Modern Bread’ for manufacturing & marketing in Gujarat and some parts of Rajasthan.

  • Market Cap 8.61 Cr.
  • Current Price 28.5
  • High / Low 39.5 / 16.4
  • Stock P/E 25.3
  • Book Value 14.9
  • Dividend Yield 0.00 %
  • ROCE 8.83 %
  • ROE 6.68 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 22.3%
  • Company has a low return on equity of 6.72% 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: FMCG Industry: Food - Processing - Indian

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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
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
0.04 0.06 0.06 0.05 0.04 0.06 0.06 0.04 0.09 0.06 0.08 0.06 0.04
Operating Profit -0.04 -0.06 -0.06 -0.05 -0.04 -0.06 -0.06 -0.04 -0.09 -0.06 -0.08 -0.06 -0.04
OPM %
0.17 0.17 0.16 0.17 0.17 0.18 0.18 0.18 0.18 0.18 0.19 0.21 0.21
Interest 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
Depreciation 0.02 0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Profit before tax 0.11 0.08 0.08 0.10 0.11 0.10 0.10 0.12 0.07 0.10 0.09 0.13 0.15
Tax % 0.00% 100.00% 25.00% 20.00% 27.27% 20.00% 20.00% 25.00% 14.29% 20.00% 22.22% 23.08% 26.67%
0.11 0.00 0.06 0.07 0.08 0.07 0.07 0.09 0.05 0.07 0.07 0.09 0.11
EPS in Rs 0.36 0.00 0.20 0.23 0.26 0.23 0.23 0.30 0.17 0.23 0.23 0.30 0.36
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
6.35 13.63 15.23 13.79 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
6.07 13.42 15.03 13.72 0.15 0.16 0.32 0.20 0.23 0.20 0.21 0.25 0.24
Operating Profit 0.28 0.21 0.20 0.07 -0.15 -0.16 -0.32 -0.20 -0.23 -0.20 -0.21 -0.25 -0.24
OPM % 4.41% 1.54% 1.31% 0.51%
0.06 0.10 0.05 0.00 0.15 0.47 0.65 0.62 0.58 0.62 0.67 0.71 0.79
Interest 0.04 0.06 0.07 0.07 0.03 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.23 0.20 0.14 0.14 0.14 0.14 0.14 0.07 0.05 0.10 0.09 0.09 0.08
Profit before tax 0.07 0.05 0.04 -0.14 -0.17 0.16 0.19 0.35 0.30 0.32 0.37 0.37 0.47
Tax % 28.57% 40.00% 125.00% -42.86% 0.00% -12.50% 21.05% 34.29% 26.67% 28.12% 24.32% 27.03%
0.05 0.03 -0.01 -0.20 -0.17 0.18 0.16 0.23 0.21 0.23 0.28 0.28 0.34
EPS in Rs 0.17 0.10 -0.03 -0.66 -0.56 0.60 0.53 0.76 0.69 0.76 0.93 0.93 1.12
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: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 25%
5 Years: 10%
3 Years: 10%
TTM: 21%
Stock Price CAGR
10 Years: 25%
5 Years: 18%
3 Years: 43%
1 Year: 50%
Return on Equity
10 Years: 3%
5 Years: 6%
3 Years: 7%
Last Year: 7%

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 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02 3.02
Reserves 0.30 0.33 0.32 -0.23 -0.39 -0.08 0.08 0.31 0.52 0.75 1.03 1.31 1.47
0.27 0.15 0.22 0.30 0.14 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.94 0.97 0.81 0.08 0.05 0.18 0.23 0.14 0.26 0.22 0.24 0.22 0.30
Total Liabilities 4.53 4.47 4.37 3.17 2.82 3.16 3.33 3.47 3.80 3.99 4.29 4.55 4.79
1.05 0.89 0.97 0.79 0.65 0.38 0.36 0.29 0.24 0.71 0.63 0.54 0.47
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 0.01 0.01 0.01 0.00 0.00 0.13 0.00 0.00 0.00 0.00 0.00 0.00 0.03
3.47 3.57 3.39 2.38 2.17 2.65 2.97 3.18 3.56 3.28 3.66 4.01 4.29
Total Assets 4.53 4.47 4.37 3.17 2.82 3.16 3.33 3.47 3.80 3.99 4.29 4.55 4.79

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
-0.05 0.27 0.26 0.08 1.05 -0.42 -0.02 -0.40 0.51 0.97 0.33 0.36
-0.08 -0.04 -0.23 0.06 0.00 0.00 0.37 1.19 0.00 -0.58 0.00 0.00
-0.18 -0.18 0.00 0.01 -0.20 -0.11 -0.04 0.00 0.00 0.00 0.00 0.00
Net Cash Flow -0.31 0.05 0.03 0.16 0.85 -0.53 0.31 0.79 0.51 0.39 0.33 0.36

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 50.01 33.74 14.14 42.35
Inventory Days 77.13 41.71 49.91 7.27
Days Payable 66.36 26.03 19.20 1.21
Cash Conversion Cycle 60.77 49.42 44.85 48.41
Working Capital Days 54.61 46.06 40.50 47.11
ROCE % 3.03% 3.10% 3.40% -2.11% -4.78% 5.91% 6.58% 8.09% 8.73% 8.76% 9.46% 8.83%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
22.31% 22.31% 22.31% 22.31% 22.31% 22.31% 22.31% 22.31% 22.31% 22.31% 22.31% 22.31%
77.69% 77.69% 77.69% 77.69% 77.69% 77.68% 77.69% 77.68% 77.69% 77.68% 77.70% 77.70%
No. of Shareholders 2,2502,2562,2852,3162,3052,3022,3182,3372,3282,3292,3552,388

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