Shri Venkatesh Refineries Ltd

Shri Venkatesh Refineries Ltd

₹ 217 2.27%
13 Dec - close price
About

Incorporated in 2003, Shri Venkatesh Refineries Ltd manufactures and trades Refined Oil and Raw Oil[1]

Key Points

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.

  • Market Cap 479 Cr.
  • Current Price 217
  • High / Low 224 / 68.5
  • Stock P/E 32.3
  • Book Value 39.3
  • Dividend Yield 0.46 %
  • ROCE 16.6 %
  • ROE 20.6 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 64.2% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.2%

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

Loading peers table ...

Half Yearly Results

Figures in Rs. Crores

Sep 2020 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
132 311 301 324 305 287 288 308
128 305 282 310 291 272 274 293
Operating Profit 5 7 19 14 14 16 14 15
OPM % 4% 2% 6% 4% 5% 5% 5% 5%
0 0 0 0 0 0 0 1
Interest 2 3 3 3 5 5 3 5
Depreciation 0 0 0 0 1 0 0 1
Profit before tax 2 3 16 11 9 10 10 10
Tax % 25% 20% 28% 26% 26% 26% 26% 26%
2 3 12 8 6 7 8 7
EPS in Rs 0.98 1.55 5.23 3.56 2.93 3.35 3.45 3.26
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
132 227 235 337 612 629 575 596
128 222 228 327 586 601 545 568
Operating Profit 4 5 7 10 26 28 29 29
OPM % 3% 2% 3% 3% 4% 4% 5% 5%
0 0 0 0 0 0 0 1
Interest 3 3 4 5 6 8 8 9
Depreciation 0 0 1 1 1 1 1 1
Profit before tax 1 2 3 5 19 19 20 20
Tax % 31% 32% 26% 25% 27% 26% 26%
1 1 2 4 14 14 15 15
EPS in Rs 21.00 1.43 1.81 2.15 6.37 6.49 6.79 6.71
Dividend Payout % -0% -0% -0% -0% 8% 8% -0%
Compounded Sales Growth
10 Years: %
5 Years: 20%
3 Years: 19%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: 64%
3 Years: 62%
TTM: 7%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 111%
1 Year: 103%
Return on Equity
10 Years: %
5 Years: 22%
3 Years: 25%
Last Year: 21%

Balance Sheet

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1 4 6 8 11 11 22 22
Reserves 4 16 18 19 42 55 58 65
19 26 36 58 73 77 124 134
9 3 8 9 15 25 33 73
Total Liabilities 33 49 67 93 141 168 237 294
5 19 22 23 23 24 24 32
CWIP -0 -0 -0 -0 -0 -0 3 4
Investments 0 0 0 -0 -0 -0 -0 -0
29 30 45 71 119 144 209 258
Total Assets 33 49 67 93 141 168 237 294

Cash Flows

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3 -2 -15 -20 7 -28
-1 -4 -1 -1 -2 -5
-2 7 16 21 -5 37
Net Cash Flow 0 0 0 0 0 4

Ratios

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 19 11 18 0 1 2 7
Inventory Days 63 35 48 71 68 80 122
Days Payable 7 3 10 7 5 9 18
Cash Conversion Cycle 75 43 56 64 64 72 112
Working Capital Days 69 42 54 64 62 69 109
ROCE % 14% 13% 14% 24% 20% 17%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Sep 2023Dec 2023Mar 2024Sep 2024
100.00% 73.53% 73.53% 73.53% 73.52% 73.52% 73.52% 73.52% 73.52% 73.52% 73.52%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03%
0.00% 26.47% 26.47% 26.47% 26.47% 26.48% 26.47% 26.48% 26.47% 26.48% 26.44%
No. of Shareholders 15390356391439446511598596600586

* 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.

Documents