Shriram Asset Management Co Ltd
Incorporated in 1994, Shriram
Asset Management Company
Ltd is in the business of performing
asset management of Shriram Mutual
Fund[1]
- Market Cap ₹ 420 Cr.
- Current Price ₹ 323
- High / Low ₹ 370 / 122
- Stock P/E
- Book Value ₹ 60.6
- Dividend Yield 0.00 %
- ROCE -4.47 %
- ROE -11.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 5.33 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -16.3% over last 3 years.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -6.12%
- Working capital days have increased from 268 days to 431 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.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.88 | 0.66 | 0.56 | 1.41 | 1.78 | 2.06 | 4.26 | 6.23 | 3.30 | 5.30 | 4.88 | 5.79 | 7.38 | |
0.64 | 1.79 | 2.12 | 2.08 | 2.90 | 2.76 | 5.02 | 6.18 | 6.05 | 5.49 | 5.28 | 8.39 | 11.42 | |
Operating Profit | 0.24 | -1.13 | -1.56 | -0.67 | -1.12 | -0.70 | -0.76 | 0.05 | -2.75 | -0.19 | -0.40 | -2.60 | -4.04 |
OPM % | 27.27% | -171.21% | -278.57% | -47.52% | -62.92% | -33.98% | -17.84% | 0.80% | -83.33% | -3.58% | -8.20% | -44.91% | -54.74% |
0.02 | 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 | 0.00 | 0.01 | 0.00 | 0.05 | 0.06 | 0.05 | 1.57 | 1.69 |
Depreciation | 0.02 | 0.04 | 0.05 | 0.05 | 0.04 | 0.03 | 0.02 | 0.03 | 0.18 | 0.23 | 0.24 | 0.35 | 0.83 |
Profit before tax | 0.24 | -1.15 | -1.59 | -0.70 | -1.14 | -0.69 | -0.43 | -1.11 | -2.96 | -0.46 | -0.67 | -4.47 | -6.29 |
Tax % | 33.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16.28% | -43.24% | 7.77% | -6.52% | -132.84% | 9.84% | |
0.15 | -1.15 | -1.60 | -0.70 | -1.15 | -0.70 | -0.36 | -1.59 | -2.73 | -0.49 | -1.56 | -4.03 | -5.41 | |
EPS in Rs | 0.25 | -1.92 | -2.67 | -1.17 | -1.92 | -1.17 | -0.60 | -2.65 | -4.55 | -0.82 | -2.60 | -6.72 | -7.80 |
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: | 24% |
5 Years: | 6% |
3 Years: | 21% |
TTM: | 39% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -19% |
TTM: | -14% |
Stock Price CAGR | |
---|---|
10 Years: | 30% |
5 Years: | 16% |
3 Years: | 49% |
1 Year: | 145% |
Return on Equity | |
---|---|
10 Years: | -19% |
5 Years: | -23% |
3 Years: | -16% |
Last Year: | -12% |
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 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.44 | 8.11 |
Reserves | 4.51 | 3.36 | 1.76 | 1.06 | -0.09 | -0.79 | 0.28 | -1.37 | -4.08 | -4.56 | -6.18 | 63.80 | 70.76 |
Preference Capital | 0.00 | 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 | 0.00 | 0.66 | 0.56 | 0.36 | 1.23 | 0.84 | |
6.40 | 8.46 | 11.93 | 13.01 | 24.07 | 25.12 | 50.39 | 51.37 | 51.44 | 56.15 | 55.76 | 9.73 | 2.50 | |
Total Liabilities | 16.91 | 17.82 | 19.69 | 20.07 | 29.98 | 30.33 | 56.67 | 56.00 | 54.02 | 58.15 | 55.94 | 81.20 | 82.21 |
0.32 | 0.42 | 0.38 | 0.34 | 0.30 | 0.26 | 0.22 | 0.20 | 0.83 | 0.69 | 0.47 | 1.49 | 1.19 | |
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 | 6.48 | 14.92 | 18.06 | 18.47 | 28.11 | 28.88 | 40.13 | 52.71 | 51.06 | 54.01 | 50.57 | 65.98 | 72.81 |
10.11 | 2.48 | 1.25 | 1.26 | 1.57 | 1.19 | 16.32 | 3.09 | 2.13 | 3.45 | 4.90 | 13.73 | 8.21 | |
Total Assets | 16.91 | 17.82 | 19.69 | 20.07 | 29.98 | 30.33 | 56.67 | 56.00 | 54.02 | 58.15 | 55.94 | 81.20 | 82.21 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5.35 | -0.72 | -1.86 | -0.68 | -1.30 | -0.47 | -17.93 | 9.17 | -4.18 | -4.25 | -4.23 | -7.58 | |
-4.74 | -0.78 | -2.57 | 0.65 | -8.64 | 0.43 | -17.07 | -9.16 | 4.29 | -0.83 | 4.28 | -15.14 | |
0.00 | 1.00 | 3.00 | 0.00 | 10.00 | 0.00 | 35.00 | 0.00 | 0.05 | 5.06 | -0.25 | 26.99 | |
Net Cash Flow | 0.61 | -0.50 | -1.43 | -0.02 | 0.06 | -0.04 | 0.00 | 0.01 | 0.16 | -0.02 | -0.20 | 4.27 |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.85 | 2.34 | 4.42 | 3.44 | 3.74 | 4.41 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.85 | 2.34 | 4.42 | 3.44 | 3.74 | 4.41 |
Working Capital Days | 2,808.01 | 204.62 | 638.75 | 217.45 | 205.06 | 115.17 | 1,306.63 | 31.05 | -49.77 | 100.55 | 271.51 | 431.19 |
ROCE % | 2.30% | -11.02% | -14.38% | -6.13% | -7.36% | -3.53% | -2.04% | -2.04% | -5.53% | -0.74% | -1.13% | -4.47% |
Documents
Announcements
- Board Meeting Intimation for Consideration Of Audited Financial Results For The Quarter And Year Ended March 31 2024 On May 15, 2024 25 Apr
- Compliance Certificate Under Regulation 40 (9) & 40 (10) Of The SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024 16 Apr
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 9 Apr
-
Compliances - Compliance Certificate For The Period Ended March 2024.
8 Apr - Compliance Certificate as per Regulation 7(3) of SEBI (LODR) Regulations, 2015, for the year ended March 31, 2024.
-
General - Updates
8 Apr - The Company will take on record and publish the Audited Financial Results for the Quarter and Year ended March 31, 2024 within 60 days from …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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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.