Shri Venkatesh Refineries Ltd
Incorporated in 2003, Shri Venkatesh Refineries Ltd manufactures and trades Refined Oil and Raw Oil[1]
- Market Cap ₹ 246 Cr.
- Current Price ₹ 111
- High / Low ₹ 132 / 59.1
- Stock P/E 19.0
- Book Value ₹ 34.6
- Dividend Yield 0.45 %
- ROCE 20.2 %
- ROE 24.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 86.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
Cons
- Company might be capitalizing the interest cost
* 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: Edible Oil Industry: Solvent Extraction
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|
| 132 | 227 | 235 | 337 | 612 | 629 | 557 | |
| 128 | 222 | 228 | 327 | 586 | 601 | 528 | |
| Operating Profit | 4 | 5 | 7 | 10 | 26 | 28 | 30 |
| OPM % | 3% | 2% | 3% | 3% | 4% | 4% | 5% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 3 | 3 | 4 | 5 | 6 | 8 | 11 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 2 | 3 | 5 | 19 | 19 | 18 |
| Tax % | 31% | 32% | 26% | 25% | 27% | 26% | |
| 1 | 1 | 2 | 4 | 14 | 14 | 13 | |
| EPS in Rs | 21.00 | 1.43 | 1.81 | 2.15 | 6.37 | 6.49 | 5.85 |
| Dividend Payout % | -0% | -0% | -0% | -0% | 8% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 39% |
| TTM: | -13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 87% |
| 3 Years: | 87% |
| TTM: | -30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 26% |
| Last Year: | 24% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 4 | 6 | 8 | 11 | 11 | 11 |
| Reserves | 4 | 16 | 18 | 19 | 42 | 55 | 62 |
| Preference Capital | 0 | 0 | -0 | -0 | -0 | -0 | |
| 19 | 26 | 36 | 58 | 73 | 77 | 134 | |
| 10 | 3 | 8 | 9 | 15 | 25 | 31 | |
| Total Liabilities | 33 | 49 | 67 | 93 | 141 | 168 | 239 |
| 5 | 19 | 22 | 23 | 23 | 24 | 24 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | 0 | 0 | 0 | -0 | -0 | -0 | -0 |
| 29 | 30 | 45 | 71 | 119 | 144 | 215 | |
| Total Assets | 33 | 49 | 67 | 93 | 141 | 168 | 239 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| 3 | -2 | -15 | -20 | 7 | ||
| -1 | -4 | -1 | -1 | -2 | ||
| -2 | 7 | 16 | 21 | -5 | ||
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 19 | 11 | 18 | 0 | 1 | 2 |
| Inventory Days | 63 | 35 | 48 | 71 | 68 | 80 |
| Days Payable | 7 | 3 | 10 | 7 | 5 | 9 |
| Cash Conversion Cycle | 75 | 43 | 56 | 64 | 64 | 72 |
| Working Capital Days | 69 | 42 | 54 | 64 | 62 | 69 |
| ROCE % | 14% | 13% | 14% | 24% | 20% |
Documents
Announcements
-
Appointment of Company Secretary and Compliance Officer
18 Apr - Cs Sapna Kamaldas Vaishnav appointed as Company Secretary cum compliance officer of the Company with effect from 18th April 2024. The exchange is further requested …
- Board Meeting Outcome for Outcome Of Board Meeting 18 Apr
- Board Meeting Intimation for Appointment Of Company Secretary Cum Compliance Officer And Other Matter. 10 Apr
- Reply To Clarification Sought By The Exchange For Significant Movement In Of The Company 10 Apr
-
Clarification sought from Shri Venkatesh Refineries Ltd
6 Apr - Exchange has sought clarification from Shri Venkatesh Refineries Ltd on April 5, 2024 with reference to significant movement in price, in order to ensure that …
Business Overview:[1][2]
SVRL is a refinery company which sells edible oil brand Rich Soya in Maharashtra. It does production, processing and preservation of
edible oils, mainly Soyabean Oil and Cotton Seed Oil. The business involves purchase of raw oil, refining, packaging and selling of edible oil. Apart from refining, company also does trading of edible oil viz. soyabean oil, sunflower oil, cotton seed oil, mustard oil, and palm oil. Company sells the by-products generated during the refining process viz. Soya Acid Oil, Soyabean Sludge Oil and Soya Fatty Acid.