Shivalik Rasayan Ltd
- Market Cap ₹ 866 Cr.
- Current Price ₹ 557
- High / Low ₹ 893 / 493
- Stock P/E 93.0
- Book Value ₹ 238
- Dividend Yield 0.09 %
- ROCE 5.19 %
- ROE 5.35 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 24.1% CAGR over last 5 years
Cons
- Tax rate seems low
- Company has a low return on equity of 6.91% over last 3 years.
- Debtor days have increased from 57.0 to 76.1 days.
- Promoter holding has decreased over last 3 years: -4.97%
- Working capital days have increased from 114 days to 212 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: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
25.94 | 28.85 | 35.47 | 41.30 | 42.60 | 40.94 | 43.63 | 47.94 | 60.77 | 84.87 | 99.30 | 93.58 | 94.02 | |
24.45 | 27.34 | 33.40 | 38.47 | 37.74 | 34.17 | 36.33 | 41.69 | 51.31 | 66.12 | 76.07 | 74.48 | 76.98 | |
Operating Profit | 1.49 | 1.51 | 2.07 | 2.83 | 4.86 | 6.77 | 7.30 | 6.25 | 9.46 | 18.75 | 23.23 | 19.10 | 17.04 |
OPM % | 5.74% | 5.23% | 5.84% | 6.85% | 11.41% | 16.54% | 16.73% | 13.04% | 15.57% | 22.09% | 23.39% | 20.41% | 18.12% |
0.23 | 0.30 | 0.13 | 0.41 | 0.56 | 0.52 | 0.72 | 4.34 | 1.20 | 0.38 | 1.99 | 2.20 | 1.27 | |
Interest | 0.32 | 0.31 | 0.27 | 0.34 | 1.05 | 1.97 | 1.31 | 1.13 | 0.94 | 0.53 | 1.12 | 1.45 | 3.01 |
Depreciation | 0.14 | 0.15 | 0.14 | 0.18 | 0.38 | 0.38 | 0.34 | 0.82 | 1.01 | 6.06 | 5.24 | 5.24 | 5.14 |
Profit before tax | 1.26 | 1.35 | 1.79 | 2.72 | 3.99 | 4.94 | 6.37 | 8.64 | 8.71 | 12.54 | 18.86 | 14.61 | 10.16 |
Tax % | 30.95% | 31.85% | 34.08% | 33.46% | 33.08% | 33.20% | 19.47% | -3.12% | -0.46% | -1.12% | -2.60% | -3.35% | |
0.87 | 0.93 | 1.18 | 1.81 | 2.67 | 3.30 | 5.13 | 8.91 | 8.75 | 12.68 | 19.36 | 15.10 | 9.32 | |
EPS in Rs | 1.01 | 1.08 | 1.37 | 2.10 | 3.10 | 3.84 | 4.84 | 6.47 | 6.35 | 9.20 | 13.36 | 10.42 | 6.21 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 10.36% | 8.21% | 7.73% | 3.94% | 5.43% | 3.74% | 4.79% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 16% |
3 Years: | 15% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | 32% |
5 Years: | 24% |
3 Years: | 20% |
TTM: | -46% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | -7% |
1 Year: | -28% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 3.42 | 3.42 | 3.42 | 3.42 | 3.42 | 3.42 | 4.21 | 6.89 | 6.89 | 6.89 | 7.24 | 7.24 | 7.78 |
Reserves | 3.90 | 4.83 | 6.01 | 7.82 | 10.49 | 13.79 | 42.28 | 152.84 | 160.76 | 173.12 | 265.98 | 283.56 | 362.15 |
1.84 | 0.02 | 0.00 | 0.41 | 11.10 | 13.95 | 7.67 | 8.52 | 0.27 | 11.33 | 15.33 | 39.80 | 33.64 | |
5.99 | 7.89 | 8.63 | 11.24 | 11.95 | 7.23 | 6.85 | 10.22 | 18.43 | 31.27 | 29.03 | 34.07 | 41.25 | |
Total Liabilities | 15.15 | 16.16 | 18.06 | 22.89 | 36.96 | 38.39 | 61.01 | 178.47 | 186.35 | 222.61 | 317.58 | 364.67 | 444.82 |
6.50 | 6.60 | 6.37 | 6.96 | 8.24 | 8.44 | 15.01 | 16.35 | 17.88 | 120.35 | 128.17 | 125.53 | 123.88 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.06 | 61.24 | 0.00 | 3.30 | 57.34 | 79.28 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 16.16 | 17.65 | 26.71 | 26.71 | 39.32 | 53.40 | 55.01 | 64.94 | 64.94 |
8.65 | 9.56 | 11.69 | 15.93 | 12.56 | 12.30 | 19.29 | 124.35 | 67.91 | 48.86 | 131.10 | 116.86 | 176.72 | |
Total Assets | 15.15 | 16.16 | 18.06 | 22.89 | 36.96 | 38.39 | 61.01 | 178.47 | 186.35 | 222.61 | 317.58 | 364.67 | 444.82 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6.31 | -3.00 | -0.63 | 3.81 | 6.21 | 4.50 | -1.57 | -12.00 | -7.08 | 46.00 | 7.02 | -12.66 | |
-4.34 | 0.02 | 0.08 | -0.44 | -17.26 | -1.72 | -15.72 | -8.92 | -64.65 | -61.28 | -16.50 | -64.89 | |
-2.59 | 2.67 | 0.24 | 0.75 | 7.37 | -1.51 | 18.92 | 103.82 | -8.77 | 10.22 | 75.52 | 20.51 | |
Net Cash Flow | -0.62 | -0.31 | -0.31 | 4.11 | -3.69 | 1.27 | 1.63 | 82.90 | -80.51 | -5.06 | 66.05 | -57.04 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 77.81 | 75.66 | 93.33 | 79.72 | 61.35 | 47.07 | 64.17 | 66.09 | 49.31 | 70.06 | 24.92 | 76.14 |
Inventory Days | 41.73 | 32.30 | 7.73 | 5.47 | 13.65 | 21.50 | 35.99 | 81.71 | 33.23 | 44.95 | 97.28 | 256.32 |
Days Payable | 72.03 | 112.39 | 102.89 | 125.88 | 139.22 | 76.11 | 65.89 | 92.20 | 165.62 | 118.68 | 108.12 | 153.72 |
Cash Conversion Cycle | 47.52 | -4.44 | -1.82 | -40.69 | -64.21 | -7.54 | 34.27 | 55.59 | -83.08 | -3.66 | 14.08 | 178.73 |
Working Capital Days | 39.96 | 4.05 | 17.29 | -10.61 | -39.67 | -36.73 | 38.06 | 168.64 | 202.47 | 32.56 | 97.19 | 212.07 |
ROCE % | 20.17% | 19.05% | 23.28% | 29.03% | 27.50% | 24.60% | 18.00% | 8.79% | 5.74% | 7.28% | 8.33% | 5.19% |
Documents
Announcements
- Disclosure Under Regulation 31(4) Of SAST Regulations, 2011 16 Apr
- Compliance Certificate As Per Regulation 40(9) Of LODR Regulations, 2015 15 Apr
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Compliance Certificate For The Year Ended On 31.03.2024
11 Apr - Compliance Certificate as per Regulation 7(3) of LODR Regulations, 2015 for the year ended on 31.03.2024
- Completion Of US FDA Inspection At The API Facility Of Shivalik Rasayan Limited At Dahej Unit 9 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Compliance Certificate as per reg 74(5) of SEBI DP Regulations
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 2010
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Financial Year 2009
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Financial Year 2008
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Business Segments
Shivalik Rasayan is into 2 business segments :