Shraddha Prime Projects Ltd

Shraddha Prime Projects Ltd

₹ 233 -2.00%
12 Dec - close price
About

Incorporated in 2007, Shraddha Prime Projects Ltd is in the business of Real Estate Development[1]

Key Points

Business Overview:[1]
SPPL is in the business of real estate activities which involves developing, leasing, constructing, reconstructing, etc. of residential projects in India.

  • Market Cap 471 Cr.
  • Current Price 233
  • High / Low 238 / 75.6
  • Stock P/E 29.8
  • Book Value 31.5
  • Dividend Yield 0.09 %
  • ROCE 8.02 %
  • ROE 33.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 98.0% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.9%

Cons

  • Stock is trading at 7.41 times its book value
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.7.26 Cr.

* 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: Realty Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 26.11 17.17 22.05 22.32
0.18 0.08 0.02 0.32 0.14 0.04 0.34 0.08 0.41 16.37 23.58 17.57 17.80
Operating Profit -0.18 -0.08 -0.02 -0.32 -0.14 -0.04 -0.34 -0.08 -0.41 9.74 -6.41 4.48 4.52
OPM % 37.30% -37.33% 20.32% 20.25%
0.03 0.02 0.00 0.00 0.00 0.03 0.00 0.00 0.10 0.00 4.80 -1.56 4.02
Interest 0.00 0.00 0.00 0.00 0.00 0.01 0.04 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.01 0.02 0.00 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax -0.15 -0.06 -0.02 -0.32 -0.15 -0.04 -0.38 -0.09 -0.32 9.73 -1.62 2.91 8.53
Tax % 0.00% 0.00% 0.00% 0.00% 13.33% -75.00% -57.89% 0.00% 0.00% 18.29% -38.27% 45.70% 14.42%
-0.15 -0.06 -0.02 -0.32 -0.16 -0.01 -0.16 -0.09 -0.32 7.95 -1.00 1.58 7.29
EPS in Rs -0.07 -0.03 -0.01 -0.15 -0.08 -0.00 -0.08 -0.04 -0.16 3.94 -0.50 0.78 3.61
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0 0 0 0 0 0 0 0 0 0 0 43 88
0 0 0 0 0 4 0 0 0 0 1 40 75
Operating Profit -0 -0 -0 -0 -0 -4 -0 -0 -0 -0 -1 3 12
OPM % -15% -10% -31% -45% -223% -4,289% -429% -625% -675% -529% 7% 14%
0 0 0 0 0 1 0 0 0 0 0 5 7
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 -0 -0 -0 -0 -3 -0 -0 -0 -0 -1 8 20
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% -26% 15%
-0 -0 -0 -0 -0 -3 -0 -0 -0 -0 -1 7 16
EPS in Rs -0.02 -0.01 -0.02 -0.04 -0.14 -1.19 -0.11 -0.08 -0.12 -0.15 -0.31 3.23 7.83
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 60%
5 Years: 262%
3 Years: 927%
TTM: %
Compounded Profit Growth
10 Years: 63%
5 Years: 98%
3 Years: 221%
TTM: 2828%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 169%
1 Year: 192%
Return on Equity
10 Years: 2%
5 Years: 21%
3 Years: 26%
Last Year: 33%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 6 22
Reserves -1 -1 -1 -1 -2 -5 -5 -5 -5 -6 -5 33 41
0 0 0 0 0 0 0 0 0 20 75 78 55
0 0 0 0 2 0 0 0 0 0 22 30 161
Total Liabilities 5 6 6 6 6 2 2 1 1 21 98 146 279
0 0 0 0 0 0 0 0 0 0 19 16 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 1 2 19
5 5 5 5 6 2 2 1 1 21 78 129 260
Total Assets 5 6 6 6 6 2 2 1 1 21 98 146 279

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

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 -1 -0 -0 1 -2 -0 -0 -0 -20 -35 -36
-0 -0 0 0 -1 2 0 0 0 0 -19 2
0 1 0 0 0 0 0 0 0 20 54 34
Net Cash Flow -0 0 -0 -0 0 -0 -0 0 -0 -0 1 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 912 1,114 2,988 4,480 870 1,054 313 274 91 0 0
Inventory Days 328 433 1,408 2,798 511 332 852 2,190 2,190
Days Payable 18 14 52 122 0 33 122 730 365
Cash Conversion Cycle 1,223 1,533 4,344 7,156 1,381 1,353 1,043 1,734 1,916 0 0
Working Capital Days 1,084 1,404 3,559 5,210 -3,145 1,460 678 730 639 109,865 825
ROCE % -1% -1% -1% -1% -6% -123% -13% -11% -16% -3% -2% 8%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
75.44% 75.44% 75.44% 75.44% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
24.56% 24.56% 24.56% 24.56% 25.01% 25.01% 25.00% 25.00% 25.01% 25.00% 24.99% 24.99%
No. of Shareholders 4093973923883853863908941,3141,4871,9181,823

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