Sparc Electrex Ltd

Sparc Electrex Ltd

₹ 18.2 -0.44%
26 Jul - close price
About

Incorporated in 1989, Sparc Systems Ltd deals in Software and Hardware Electronic Security Solutions i.e. office automation tools.

Key Points

Product Profile:[1]
a) Power Tools:
Electrex Eid 13, Demolition Hammers E,
Grinders Power Tools, Sanders, Demolition Hammer, Rotary Hammers
b) Marble Cutter:
Electrex Electric Cutter Ec4, Cut Off Machine
c) Air Blower:
Electrex Blower Ebc40
d) Hole Saw Cutter:
Drill And Cutter
e) Drilling Machines:
Geared Head Drill Machine
f) Saw:
Automatic Circular Saw and Chain Saw
g) Graphics Card:
Portable Planer

  • Market Cap 18.6 Cr.
  • Current Price 18.2
  • High / Low 36.8 / 15.0
  • Stock P/E 186
  • Book Value 18.9
  • Dividend Yield 0.00 %
  • ROCE 4.74 %
  • ROE 0.98 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.97 times its book value

Cons

  • Promoter holding is low: 27.1%
  • Company has high debtors of 469 days.
  • Working capital days have increased from 314 days to 626 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: Trading Industry: Trading

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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
0.00 0.15 1.91 6.00 5.09 1.07 2.27 1.21 0.30 0.83 0.96 1.43 4.17
1.99 0.05 1.77 5.83 5.21 1.16 1.95 1.09 0.27 0.79 0.86 1.37 3.81
Operating Profit -1.99 0.10 0.14 0.17 -0.12 -0.09 0.32 0.12 0.03 0.04 0.10 0.06 0.36
OPM % 66.67% 7.33% 2.83% -2.36% -8.41% 14.10% 9.92% 10.00% 4.82% 10.42% 4.20% 8.63%
0.05 0.00 0.00 0.00 1.93 0.41 0.00 0.00 0.00 0.00 0.00 0.01 0.00
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 0.15
Depreciation 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
Profit before tax -1.94 0.10 0.14 0.17 1.81 0.32 0.32 0.12 0.03 0.04 0.10 0.07 0.21
Tax % -0.52% 0.00% 42.86% 23.53% 0.55% 0.00% 18.75% 16.67% 33.33% 25.00% 30.00% 0.00% 133.33%
-1.94 0.10 0.08 0.13 1.80 0.32 0.26 0.10 0.02 0.03 0.07 0.07 -0.08
EPS in Rs 0.11 0.10 -0.09
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
0.17 0.17 0.06 0.00 0.07 0.03 0.01 0.00 0.00 13.15 4.85 7.39
0.41 0.37 0.76 0.12 0.12 0.21 0.12 0.09 2.06 12.86 4.48 6.83
Operating Profit -0.24 -0.20 -0.70 -0.12 -0.05 -0.18 -0.11 -0.09 -2.06 0.29 0.37 0.56
OPM % -141.18% -117.65% -1,166.67% -71.43% -600.00% -1,100.00% 2.21% 7.63% 7.58%
-0.12 0.01 0.01 0.02 0.02 0.17 0.23 0.08 0.05 1.93 0.41 0.01
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.15
Depreciation 0.06 0.06 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.42 -0.25 -0.70 -0.11 -0.04 -0.02 0.11 -0.01 -2.01 2.22 0.78 0.42
Tax % 16.67% -4.00% -4.29% 9.09% 0.00% 0.00% 0.00% 0.00% -0.50% 4.50% 10.26% 76.19%
-0.49 -0.24 -0.67 -0.12 -0.04 -0.02 0.11 -0.01 -2.00 2.12 0.70 0.10
EPS in Rs 0.12
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: 46%
5 Years: 275%
3 Years: %
TTM: 52%
Compounded Profit Growth
10 Years: 9%
5 Years: -2%
3 Years: 27%
TTM: -70%
Stock Price CAGR
10 Years: 16%
5 Years: 41%
3 Years: 25%
1 Year: -49%
Return on Equity
10 Years: -1%
5 Years: 2%
3 Years: 15%
Last Year: 1%

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 4.97 4.97 4.97 4.97 4.97 4.97 4.97 4.97 4.97 4.97 4.97 19.64
Reserves -0.53 -0.77 -1.45 -1.57 -1.61 -1.63 -1.52 -1.53 -3.53 -1.41 -0.72 -3.37
0.10 0.11 0.00 0.00 0.00 0.00 0.01 0.02 0.07 2.17 2.52 1.00
0.19 0.15 0.09 0.11 0.09 0.07 0.08 0.05 0.08 1.89 3.13 2.60
Total Liabilities 4.73 4.46 3.61 3.51 3.45 3.41 3.54 3.51 1.59 7.62 9.90 19.87
0.25 0.20 0.17 0.16 0.15 0.14 0.13 0.04 0.04 1.10 1.10 1.10
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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
4.48 4.26 3.44 3.35 3.30 3.27 3.41 3.47 1.55 6.52 8.80 18.77
Total Assets 4.73 4.46 3.61 3.51 3.45 3.41 3.54 3.51 1.59 7.62 9.90 19.87

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
0.66 -0.06 0.15 -0.04 0.04 -0.22 -0.22 -0.08 -0.12 -0.29 -1.38 -8.91
-0.08 0.01 0.01 0.02 0.01 0.16 0.22 0.05 0.05 -1.04 0.50 0.01
-0.65 0.01 -0.11 0.00 0.00 0.00 0.01 0.01 0.05 2.10 0.34 10.25
Net Cash Flow -0.07 -0.04 0.05 -0.02 0.06 -0.05 0.01 -0.02 -0.02 0.77 -0.54 1.34

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 85.88 128.82 182.50 0.00 0.00 0.00 47.19 274.69 469.22
Inventory Days 26.07 33.18 121.67 365.00 0.00 0.00 17.49 132.32 182.19
Days Payable 26.07 66.36 243.33 365.00 48.69 216.69 89.87
Cash Conversion Cycle 85.88 95.64 60.83 0.00 0.00 0.00 15.99 190.32 561.54
Working Capital Days 4,186.76 3,864.71 10,037.50 7,195.71 36,621.67 115,340.00 51.63 264.91 625.78
ROCE % -1.20% -5.42% -17.88% -3.18% -1.18% -0.60% 3.24% -0.29% -80.89% 61.33% 5.92% 4.74%

Shareholding Pattern

Numbers in percentages

11 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
24.51% 27.12% 27.12% 27.12% 27.12% 27.12% 27.12% 32.49% 32.49% 27.12% 27.12% 27.12%
0.83% 0.83% 0.83% 0.83% 0.83% 0.83% 0.83% 0.21% 0.21% 0.21% 0.21% 0.21%
74.66% 72.06% 72.06% 72.06% 72.06% 72.06% 72.04% 67.30% 67.31% 72.67% 72.67% 72.69%
No. of Shareholders 2,2752,2682,2612,2562,6373,0263,8133,9793,9334,2485,2165,967

* 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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