Shri Venkatesh Refineries Ltd
Incorporated in 2003, Shri Venkatesh Refineries Ltd manufactures and trades Refined Oil and Raw Oil[1]
- Market Cap ₹ 299 Cr.
- Current Price ₹ 135
- High / Low ₹ 163 / 68.5
- Stock P/E 19.7
- Book Value ₹ 37.6
- Dividend Yield 0.74 %
- 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
* 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 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 132 | 227 | 235 | 337 | 612 | 629 | 575 | 588 | |
| 128 | 222 | 228 | 327 | 586 | 601 | 545 | 558 | |
| Operating Profit | 4 | 5 | 7 | 10 | 26 | 28 | 29 | 30 |
| OPM % | 3% | 2% | 3% | 3% | 4% | 4% | 5% | 5% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 3 | 3 | 4 | 5 | 6 | 8 | 8 | 8 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 2 | 3 | 5 | 19 | 19 | 20 | 21 |
| 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 | 6.86 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 8% | 8% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 19% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 64% |
| 3 Years: | 62% |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 35% |
| 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 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 4 | 6 | 8 | 11 | 11 | 22 |
| Reserves | 4 | 16 | 18 | 19 | 42 | 55 | 58 |
| 19 | 26 | 36 | 58 | 73 | 77 | 124 | |
| 9 | 3 | 8 | 9 | 15 | 25 | 33 | |
| Total Liabilities | 33 | 49 | 67 | 93 | 141 | 168 | 237 |
| 5 | 19 | 22 | 23 | 23 | 24 | 24 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 29 | 30 | 45 | 71 | 119 | 144 | 209 | |
| Total Assets | 33 | 49 | 67 | 93 | 141 | 168 | 237 |
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% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 2 Oct
- Proceeding Of The Annual General Meeting 2 Oct
-
Intimation Of Book Closure Pursuant To Section 91 Of Companies Act 2013 And Regulation 42 Of The SEBI (LODR) Regulations, 2015 Of Shri Venkatesh Refineries Limited ("The Company"),
19 Sep - Book closure for AGM and dividend eligibility.
- Annual General Meeting On 30 Th September 2024 14 Sep
- Closure of Trading Window 14 Sep
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.