Shashwat Furnishing Solutions Ltd
₹ 41.5
-4.99%
28 Apr
- close price
About
Incorporated in 2021, Shashwat Furnishing Solutions Ltd is in the business of furniture
and handicraft items[1]
Key Points
- Market Cap ₹ 8.67 Cr.
- Current Price ₹ 41.5
- High / Low ₹ 48.0 / 39.2
- Stock P/E
- Book Value ₹ 15.7
- Dividend Yield 0.00 %
- ROCE -14.4 %
- ROE -25.0 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 148 to 110 days.
Cons
- Stock is trading at 2.65 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -7.92% over last 3 years.
* 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: Consumer Durables Industry: Miscellaneous
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 1m | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 0.00 | 1.38 | 4.57 | 3.06 | 4.38 | |
| 0.00 | 1.22 | 4.35 | 3.58 | 4.27 | |
| Operating Profit | 0.00 | 0.16 | 0.22 | -0.52 | 0.11 |
| OPM % | 11.59% | 4.81% | -16.99% | 2.51% | |
| 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | |
| Interest | 0.00 | 0.00 | 0.05 | 0.17 | 0.18 |
| Depreciation | 0.00 | 0.02 | 0.03 | 0.23 | 0.26 |
| Profit before tax | 0.00 | 0.14 | 0.15 | -0.90 | -0.32 |
| Tax % | 28.57% | -40.00% | 2.22% | ||
| 0.00 | 0.11 | 0.21 | -0.92 | -0.35 | |
| EPS in Rs | 0.00 | 0.72 | 1.01 | -4.41 | -1.67 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -8% |
| Last Year: | -25% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 1.53 | 2.09 | 2.09 | 2.09 |
| Reserves | 0.00 | 0.29 | 2.05 | 1.13 | 1.18 |
| 0.00 | 0.01 | 1.21 | 1.57 | 1.33 | |
| 0.00 | 0.52 | 0.44 | 0.70 | 0.12 | |
| Total Liabilities | 0.01 | 2.35 | 5.79 | 5.49 | 4.72 |
| 0.00 | 0.03 | 0.11 | 1.40 | 1.27 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.01 | 2.32 | 5.68 | 4.09 | 3.45 | |
| Total Assets | 0.01 | 2.35 | 5.79 | 5.49 | 4.72 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 0.00 | -1.23 | -2.85 | ||
| 0.00 | -0.11 | -0.24 | ||
| 0.01 | 1.71 | 3.26 | ||
| Net Cash Flow | 0.01 | 0.37 | 0.17 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 238.04 | 96.64 | 109.74 | |
| Inventory Days | 151.03 | 152.64 | 307.92 | |
| Days Payable | 155.23 | 22.12 | 64.59 | |
| Cash Conversion Cycle | 233.85 | 227.16 | 353.07 | |
| Working Capital Days | 357.07 | 352.22 | 350.69 | |
| ROCE % | 15.22% | 5.57% | -14.40% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
7h - SME company exempted from submitting Annual Secretarial Compliance Report for FY ending March 31, 2025.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
1d - Company confirms non-applicability of Large Corporate disclosure requirements as per SEBI circulars.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Apr - Certificate for demat/remat of securities for March 2025 quarter.
- Closure of Trading Window 31 Mar
-
Opening Of First Offline Experience Centre Cum Studio And Upcoming Launch Of E-Commerce Platform.
20 Jan - Opening of first offline store and upcoming e-commerce platform.
Business Overview:[1][2]
a) SFSL is a manufacturer and supplier
of Indian handicrafts in Jodhpur. It provides
a wide array of handicrafts in India made by
a team of artisans, by using several material including metal, marble, glass, paper, wood,
and many others.
b) Company processes of semifinished
furniture products into finished products
and manufacturing through job work of
furniture and handicraft item