Shriram Asset Management Co Ltd

Shriram Asset Management Co Ltd

₹ 287 0.61%
18 Jun - close price
About

Incorporated in 1994, Shriram
Asset Management Company
Ltd is in the business of performing
asset management of Shriram Mutual
Fund[1]

Key Points

Business Overview:[1]
SAMCL is a part of the Shriram Group
which has a presence in financial services
viz. commercial vehicle, consumer finance,
life and general insurance, stock broking,
chit funds and distribution of financial
products.

  • Market Cap 373 Cr.
  • Current Price 287
  • High / Low 370 / 122
  • Stock P/E
  • Book Value 59.6
  • Dividend Yield 0.00 %
  • ROCE -7.07 %
  • ROE -9.28 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 4.81 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.97% over past five years.
  • Company has a low return on equity of -11.4% over last 3 years.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -6.12%

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1.16 1.28 1.44 1.07 1.01 0.88 1.75 1.67 1.42 1.95 1.79 2.21 2.00
1.49 1.10 1.19 1.19 1.80 2.08 2.06 1.56 2.69 2.30 3.34 3.09 4.17
Operating Profit -0.33 0.18 0.25 -0.12 -0.79 -1.20 -0.31 0.11 -1.27 -0.35 -1.55 -0.88 -2.17
OPM % -28.45% 14.06% 17.36% -11.21% -78.22% -136.36% -17.71% 6.59% -89.44% -17.95% -86.59% -39.82% -108.50%
0.72 0.01 0.06 0.01 0.01 0.01 0.02 0.01 0.08 0.15 0.01 0.04 0.06
Interest 0.01 0.01 0.01 0.01 0.01 0.18 0.46 0.46 0.47 0.47 0.47 0.28 0.02
Depreciation 0.05 0.06 0.06 0.06 0.06 0.06 0.06 0.07 0.16 0.27 0.18 0.22 0.21
Profit before tax 0.33 0.12 0.24 -0.18 -0.85 -1.43 -0.81 -0.41 -1.82 -0.94 -2.19 -1.34 -2.34
Tax % 9.09% 50.00% 20.83% 16.67% -95.29% -16.78% -22.22% 0.00% 47.80% 8.51% -2.74% -0.75% -2.99%
0.29 0.06 0.20 -0.15 -1.66 -1.67 -0.99 -0.42 -0.95 -0.86 -2.25 -1.35 -2.40
EPS in Rs 0.48 0.10 0.33 -0.25 -2.77 -2.78 -1.65 -0.70 -1.58 -1.43 -3.75 -1.04 -1.84
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.66 0.56 1.41 1.78 2.06 4.26 6.23 3.30 5.30 4.88 5.79 7.94
1.79 2.12 2.08 2.90 2.76 5.02 6.18 6.05 5.49 5.28 8.39 12.90
Operating Profit -1.13 -1.56 -0.67 -1.12 -0.70 -0.76 0.05 -2.75 -0.19 -0.40 -2.60 -4.96
OPM % -171.21% -278.57% -47.52% -62.92% -33.98% -17.84% 0.80% -83.33% -3.58% -8.20% -44.91% -62.47%
0.02 0.02 0.02 0.02 0.04 0.36 -1.13 0.02 0.02 0.02 0.05 0.27
Interest 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.05 0.06 0.05 1.57 1.24
Depreciation 0.04 0.05 0.05 0.04 0.03 0.02 0.03 0.18 0.23 0.24 0.35 0.88
Profit before tax -1.15 -1.59 -0.70 -1.14 -0.69 -0.43 -1.11 -2.96 -0.46 -0.67 -4.47 -6.81
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 16.28% -43.24% 7.77% -6.52% -132.84% 9.84% -0.73%
-1.15 -1.60 -0.70 -1.15 -0.70 -0.36 -1.59 -2.73 -0.49 -1.56 -4.03 -6.86
EPS in Rs -1.92 -2.67 -1.17 -1.92 -1.17 -0.60 -2.65 -4.55 -0.82 -2.60 -6.72 -5.27
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: 30%
5 Years: 5%
3 Years: 14%
TTM: 37%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -70%
Stock Price CAGR
10 Years: 29%
5 Years: 16%
3 Years: 47%
1 Year: 130%
Return on Equity
10 Years: -14%
5 Years: -14%
3 Years: -11%
Last Year: -9%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.44 13.02
Reserves 3.36 1.76 1.06 -0.09 -0.79 0.28 -1.37 -4.08 -4.56 -6.18 63.80 64.55
Preference Capital 1.00 4.00 4.00 14.00 14.00 49.00 49.00 49.00 54.00 54.00 4.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.66 0.56 0.36 1.23 0.59
8.46 11.93 13.01 24.07 25.12 50.39 51.37 51.44 56.15 55.76 9.73 1.96
Total Liabilities 17.82 19.69 20.07 29.98 30.33 56.67 56.00 54.02 58.15 55.94 81.20 80.12
0.42 0.38 0.34 0.30 0.26 0.22 0.20 0.83 0.69 0.47 1.49 1.01
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 14.92 18.06 18.47 28.11 28.88 40.13 52.71 51.06 54.01 50.57 65.98 70.53
2.48 1.25 1.26 1.57 1.19 16.32 3.09 2.13 3.45 4.90 13.73 8.58
Total Assets 17.82 19.69 20.07 29.98 30.33 56.67 56.00 54.02 58.15 55.94 81.20 80.12

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.72 -1.86 -0.68 -1.30 -0.47 -17.93 9.17 -4.18 -4.25 -4.23 -7.58 -4.39
-0.78 -2.57 0.65 -8.64 0.43 -17.07 -9.16 4.29 -0.83 4.28 -15.14 -2.36
1.00 3.00 0.00 10.00 0.00 35.00 0.00 0.05 5.06 -0.25 26.99 2.62
Net Cash Flow -0.50 -1.43 -0.02 0.06 -0.04 0.00 0.01 0.16 -0.02 -0.20 4.27 -4.12

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 0.00 0.00 0.00 0.00 6.85 2.34 4.42 3.44 3.74 4.41 5.52
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00 0.00 0.00 6.85 2.34 4.42 3.44 3.74 4.41 5.52
Working Capital Days 204.62 638.75 217.45 205.06 115.17 1,306.63 31.05 -49.77 100.55 271.51 431.19 226.63
ROCE % -11.02% -14.38% -6.13% -7.36% -3.53% -2.04% -2.04% -5.53% -0.74% -1.13% -4.47%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
68.67% 68.67% 68.67% 68.67% 68.67% 68.67% 68.67% 63.94% 63.94% 60.75% 62.55% 62.55%
0.00% 0.02% 0.05% 0.05% 0.05% 0.05% 0.05% 0.08% 0.00% 0.00% 0.00% 0.00%
31.33% 31.32% 31.28% 31.28% 31.28% 31.28% 31.28% 35.98% 36.06% 39.25% 37.44% 37.44%
No. of Shareholders 1,0631,1501,3051,3761,3211,3321,4031,8441,8711,8691,7411,764

* 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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