Shish Industries Ltd
Shish Industries Ltd is engaged in manufacturing and selling Corrugated Plastic Sheets which are used in industries like architecture and construction, packing, printing, medical equipment etc. [1]
- Market Cap ₹ 417 Cr.
- Current Price ₹ 119
- High / Low ₹ 150 / 70.4
- Stock P/E 76.9
- Book Value ₹ 12.5
- Dividend Yield 0.00 %
- ROCE 25.6 %
- ROE 22.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 56.5% CAGR over last 5 years
Cons
- Stock is trading at 9.56 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Debtor days have increased from 67.0 to 111 days.
- Promoter holding has decreased over last 3 years: -3.76%
* 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: Plastic products Industry: Plastics Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 0.90 | 3.68 | 5.19 | 0.00 | 8.30 | 11.03 | 16.00 | 28.28 | 50.01 | 70.19 | 79.08 | |
0.01 | 0.00 | 0.84 | 3.13 | 4.59 | 0.00 | 6.85 | 8.81 | 13.95 | 26.05 | 46.40 | 62.91 | 71.61 | |
Operating Profit | -0.01 | 0.00 | 0.06 | 0.55 | 0.60 | 0.00 | 1.45 | 2.22 | 2.05 | 2.23 | 3.61 | 7.28 | 7.47 |
OPM % | 6.67% | 14.95% | 11.56% | 17.47% | 20.13% | 12.81% | 7.89% | 7.22% | 10.37% | 9.45% | |||
0.00 | 0.00 | 0.07 | 0.15 | 0.14 | 0.00 | 0.12 | 0.11 | 0.37 | 0.80 | 1.00 | 1.75 | 1.49 | |
Interest | 0.00 | 0.00 | 0.15 | 0.25 | 0.27 | 0.00 | 0.23 | 0.28 | 0.25 | 0.30 | 0.35 | 0.35 | 0.64 |
Depreciation | 0.01 | 0.03 | 0.36 | 0.41 | 0.39 | 0.00 | 0.49 | 0.79 | 0.84 | 0.83 | 1.01 | 1.00 | 1.02 |
Profit before tax | -0.02 | -0.03 | -0.38 | 0.04 | 0.08 | 0.00 | 0.85 | 1.26 | 1.33 | 1.90 | 3.25 | 7.68 | 7.30 |
Tax % | 50.00% | 33.33% | 31.58% | 50.00% | 37.50% | 28.24% | 29.37% | 26.32% | 28.95% | 24.00% | 25.52% | ||
-0.01 | -0.02 | -0.27 | 0.03 | 0.05 | 0.00 | 0.61 | 0.89 | 0.97 | 1.34 | 2.47 | 5.73 | 5.42 | |
EPS in Rs | 0.00 | 0.21 | 0.30 | 0.33 | 0.44 | 0.78 | 1.73 | 1.57 | |||||
Dividend Payout % | 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: | % |
5 Years: | 53% |
3 Years: | 64% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 89% |
5 Years: | 57% |
3 Years: | 81% |
TTM: | -10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 81% |
3 Years: | 114% |
1 Year: | 66% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 19% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.09 | 4.44 | 4.44 | 4.44 | 10.11 | 10.54 | 11.06 | 34.19 |
Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.31 | 4.20 | 5.17 | 1.61 | 6.72 | 22.56 | 9.43 |
0.01 | 0.57 | 2.18 | 2.22 | 2.30 | 1.91 | 2.54 | 2.40 | 1.98 | 1.04 | 4.63 | 7.30 | 9.27 | |
0.25 | 0.70 | 2.10 | 2.52 | 2.84 | 0.65 | 0.37 | 1.31 | 1.45 | 4.38 | 5.33 | 10.95 | 9.48 | |
Total Liabilities | 0.26 | 1.27 | 4.28 | 4.74 | 5.14 | 5.65 | 10.66 | 12.35 | 13.04 | 17.14 | 27.22 | 51.87 | 62.37 |
0.19 | 0.63 | 2.62 | 2.40 | 2.39 | 2.36 | 3.72 | 5.28 | 4.68 | 5.66 | 5.74 | 5.17 | 5.22 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.56 | 0.00 | 0.00 | 0.00 | 0.11 | 0.73 | 1.62 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | 0.61 | 0.73 |
0.07 | 0.64 | 1.66 | 2.34 | 2.75 | 3.29 | 5.38 | 7.07 | 8.36 | 11.48 | 21.13 | 45.36 | 54.80 | |
Total Assets | 0.26 | 1.27 | 4.28 | 4.74 | 5.14 | 5.65 | 10.66 | 12.35 | 13.04 | 17.14 | 27.22 | 51.87 | 62.37 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.01 | 0.01 | -0.16 | 0.27 | 0.31 | -0.01 | -3.38 | 0.95 | 0.53 | 2.25 | -5.32 | -1.05 | |
-0.20 | -0.56 | -2.29 | -0.12 | -0.31 | 0.00 | -6.22 | -0.81 | -0.22 | -1.81 | -1.42 | -1.35 | |
0.25 | 0.56 | 3.05 | -0.10 | -0.07 | 0.01 | 9.68 | -0.14 | -0.35 | -0.42 | 6.74 | 13.05 | |
Net Cash Flow | 0.05 | 0.01 | 0.60 | 0.05 | -0.07 | 0.00 | 0.09 | 0.00 | -0.04 | 0.02 | -0.01 | 10.65 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | May 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 56.78 | 64.47 | 47.12 | 88.39 | 56.92 | 25.32 | 25.94 | 64.52 | 110.56 | |||
Inventory Days | 372.45 | 90.87 | 93.10 | 169.19 | 248.15 | 163.41 | 95.54 | 78.47 | 64.30 | |||
Days Payable | 134.08 | 59.07 | 57.13 | 11.16 | 59.74 | 30.33 | 60.52 | 38.77 | 61.41 | |||
Cash Conversion Cycle | 295.15 | 96.28 | 83.09 | 246.42 | 245.33 | 158.41 | 60.96 | 104.22 | 113.45 | |||
Working Capital Days | 223.06 | 91.25 | 90.72 | 194.81 | 158.84 | 137.56 | 83.25 | 113.49 | 122.67 | |||
ROCE % | -10.34% | -16.73% | 13.18% | 15.49% | 0.00% | 17.16% | 14.44% | 13.96% | 18.07% | 20.78% | 25.57% |
Documents
Announcements
- Closure of Trading Window 1d
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Mar - Copy of newspaper notice informing about EOGM /E-voting/Cut-off date as published in requisite newspaper.
- Shareholder Meeting - Extra Ordinary General Meeting Of The Company To Be Held On 06/04/2024 12 Mar
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Mar - Copy of the communication being released to the Press with Title - "Inauguration of World''s 1st Revolutionary packaging industry unifying platform - inpackaging in the …
- Board Meeting Outcome for For Board Meeting Held On 11/03/2024 11 Mar
Business Segments
a. Material Handling: This division offers end-to-end solutions for material handling within advertising, construction, logistics, agriculture and food industries. The products manufactured by the Co include Saffguard and Stagguard which are advanced corrugated sheets for packaging, Composite Straps, Dunnage Bags etc. [1]
b. Insulation and Building Material:The Insulation and Roofing division provides solutions for homes, factories and cold storage and also in automobiles. Products include Carmika, Arkina and radient barriers which are efficient insulation solutions. [2]
c. Cold Chain Solutions: The offerings of the Co include Cooler bags, Ice Box, Water tank insulation covers and Pallet covers. [3]
d. PE/PP Woven Fabrics: These products come in customized Colours,have high Tensile Strength, UV Resistance, Lamination And Durability. [4]