Sacheta Metals Ltd

Sacheta Metals Ltd

₹ 21.8 0.74%
25 Apr - close price
About

Incorporated in 1990, Sacheta Metals
Ltd manufacturers & exporters of Aluminum, stainless and mild steel housewares, kitchenware Utensils, etc.[1]

Key Points

Product Profile:[1]
a) Tawa
b) Nonstick Cookware
c) Kettle & Milk Can
d) Fry Pan
e) Degada & Rice Stainer
f) Plate/Khumcha
g) Cups
h) Screw Barni & Milk Jug
i) Basri Top
j) Charvi, Kathali & Khaldasta
k) Tiffin
l) Sauce Pan
j) Stainless Steel Kitchenware
k) Casting, Sheet, Coils, Circles

  • Market Cap 54.6 Cr.
  • Current Price 21.8
  • High / Low 27.8 / 16.8
  • Stock P/E 33.9
  • Book Value 19.6
  • Dividend Yield 0.00 %
  • ROCE 6.21 %
  • ROE 5.69 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 1.11 times its book value

Cons

  • The company has delivered a poor sales growth of 7.26% over past five years.
  • Company has a low return on equity of 6.26% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -11.1%

* 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.

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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
24.04 23.92 27.46 21.84 18.48 24.18 23.42 23.07 24.82 27.98 19.88 22.01 16.87
22.01 22.88 26.51 20.81 16.74 23.19 22.58 21.86 23.16 26.56 18.79 20.88 15.63
Operating Profit 2.03 1.04 0.95 1.03 1.74 0.99 0.84 1.21 1.66 1.42 1.09 1.13 1.24
OPM % 8.44% 4.35% 3.46% 4.72% 9.42% 4.09% 3.59% 5.24% 6.69% 5.08% 5.48% 5.13% 7.35%
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
Interest 0.44 0.24 0.05 0.08 0.11 0.15 0.01 0.22 0.09 0.20 0.21 0.19 0.22
Depreciation 0.39 0.19 0.33 0.36 0.39 0.22 0.43 0.44 0.46 0.47 0.44 0.45 0.50
Profit before tax 1.20 0.61 0.57 0.59 1.24 0.62 0.40 0.55 1.11 0.75 0.44 0.49 0.52
Tax % 25.83% 21.31% 22.81% 28.81% 24.19% 32.26% 25.00% 23.64% 26.13% 30.67% 25.00% 24.49% 25.00%
0.89 0.48 0.44 0.42 0.94 0.42 0.30 0.42 0.82 0.52 0.33 0.37 0.39
EPS in Rs 0.47 0.25 0.23 0.22 0.49 0.22 0.16 0.22 0.43 0.27 0.17 0.15 0.16
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
62.25 66.38 66.92 67.97 50.11 61.00 69.00 96.97 97.24 82.36 90.44 97.96 86.74
61.73 63.54 63.77 64.15 46.58 57.75 64.61 92.69 93.15 78.52 86.96 93.79 81.86
Operating Profit 0.52 2.84 3.15 3.82 3.53 3.25 4.39 4.28 4.09 3.84 3.48 4.17 4.88
OPM % 0.84% 4.28% 4.71% 5.62% 7.04% 5.33% 6.36% 4.41% 4.21% 4.66% 3.85% 4.26% 5.63%
3.05 0.57 0.80 0.15 0.14 0.35 0.97 1.10 0.56 1.43 1.52 1.33 0.00
Interest 0.95 0.86 0.82 0.89 0.89 0.88 0.92 1.06 1.38 1.07 0.68 0.88 0.82
Depreciation 1.52 1.53 2.04 2.55 2.11 1.78 1.65 1.47 1.43 1.34 1.30 1.80 1.86
Profit before tax 1.10 1.02 1.09 0.53 0.67 0.94 2.79 2.85 1.84 2.86 3.02 2.82 2.20
Tax % 32.73% 36.27% 34.86% 33.96% 38.81% 36.17% 32.97% 27.02% 30.43% 24.83% 26.49% 26.60%
0.75 0.65 0.71 0.34 0.42 0.60 1.86 2.07 1.28 2.16 2.22 2.06 1.61
EPS in Rs 0.39 0.34 0.37 0.18 0.22 0.31 0.97 1.08 0.67 1.13 1.16 1.08 0.75
Dividend Payout % 63.13% 72.85% 66.69% 83.56% 67.64% 78.92% 25.46% 22.87% 29.59% 22.14% 21.54% 0.00%
Compounded Sales Growth
10 Years: 4%
5 Years: 7%
3 Years: 0%
TTM: -9%
Compounded Profit Growth
10 Years: 12%
5 Years: 2%
3 Years: 17%
TTM: -18%
Stock Price CAGR
10 Years: 3%
5 Years: 4%
3 Years: 13%
1 Year: 18%
Return on Equity
10 Years: 5%
5 Years: 6%
3 Years: 6%
Last Year: 6%

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 18.94 18.94 18.94 18.94 18.94 18.94 18.94 18.94 18.94 19.13 19.13 19.13 25.00
Reserves 8.40 8.51 8.67 8.64 8.71 9.31 10.59 12.10 12.35 14.31 16.06 18.12 23.98
7.81 19.02 15.24 11.57 16.14 18.94 24.02 17.87 17.98 12.45 23.96 22.82 17.34
5.26 8.35 10.96 16.74 13.33 8.68 7.66 6.01 5.46 9.57 13.10 10.03 6.71
Total Liabilities 40.41 54.82 53.81 55.89 57.12 55.87 61.21 54.92 54.73 55.46 72.25 70.10 73.03
11.22 13.80 14.09 13.34 11.56 10.11 9.50 9.02 8.72 7.79 10.82 10.36 10.66
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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.35 0.89 0.87 0.65 0.49
29.19 41.02 39.72 42.55 45.56 45.76 51.71 45.90 45.66 46.78 60.56 59.09 61.88
Total Assets 40.41 54.82 53.81 55.89 57.12 55.87 61.21 54.92 54.73 55.46 72.25 70.10 73.03

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
-1.19 6.23 1.28 -0.18 3.81 1.10 5.68 0.12 0.60 13.84 -11.10 3.15
-2.24 -3.50 -2.28 -1.68 -0.24 -0.31 -1.02 -0.99 -1.48 -0.88 -4.34 -1.13
3.42 1.74 -2.00 -0.48 -1.88 1.09 3.90 -7.38 -1.87 -6.16 8.99 -1.90
Net Cash Flow -0.01 4.47 -3.00 -2.34 1.69 1.88 8.57 -8.26 -2.74 6.80 -6.46 0.12

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 23.63 74.78 102.21 85.49 136.21 162.69 100.88 65.08 61.00 47.77 43.39 43.86
Inventory Days 111.24 88.39 65.66 90.24 154.46 63.68 90.26 75.35 53.35 79.02 172.31 141.37
Days Payable 24.26 36.71 68.63 107.55 127.59 67.63 49.72 31.91 22.70 49.71 69.03 44.35
Cash Conversion Cycle 110.61 126.46 99.25 68.18 163.08 158.74 141.42 108.52 91.65 77.09 146.67 140.87
Working Capital Days 119.32 124.71 119.34 109.01 189.02 172.63 152.72 118.64 121.99 104.01 155.62 148.00
ROCE % 7.79% 4.63% 4.28% 3.46% 3.76% 4.00% 7.37% 7.63% 6.56% 8.26% 7.04% 6.21%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.57% 64.69% 64.69% 51.08% 51.08% 51.08% 51.08% 51.08% 51.08% 55.48% 55.48% 55.48%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00%
33.42% 35.30% 35.30% 48.91% 48.91% 48.92% 48.91% 48.91% 48.91% 44.52% 44.52% 44.51%
No. of Shareholders 5,0835,8735,88932,51229,98527,96326,94925,43324,13822,75021,79621,366

* 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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