Shashwat Furnishing Solutions Ltd
The company is engaged in processing of semi-finished furniture products into finished products. It specializes in developing a range of Industrial Furniture and Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames etc.[1]
- Market Cap ₹ 7.96 Cr.
- Current Price ₹ 38.1
- High / Low ₹ 44.5 / 27.5
- Stock P/E 37.9
- Book Value ₹ 17.3
- Dividend Yield 0.00 %
- ROCE 5.57 %
- ROE 7.05 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 167 to 96.6 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- 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: Miscellaneous Industry: Miscellaneous
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 0.00 | 1.38 | 4.57 | |
| 0.00 | 1.22 | 4.35 | |
| Operating Profit | 0.00 | 0.16 | 0.22 |
| OPM % | 11.59% | 4.81% | |
| 0.00 | 0.00 | 0.01 | |
| Interest | 0.00 | 0.00 | 0.05 |
| Depreciation | 0.00 | 0.02 | 0.03 |
| Profit before tax | 0.00 | 0.14 | 0.15 |
| Tax % | 28.57% | -40.00% | |
| 0.00 | 0.11 | 0.21 | |
| EPS in Rs | 0.00 | 0.72 | 1.01 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 231% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 91% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 1.53 | 2.09 | 2.09 |
| Reserves | 0.00 | 0.29 | 2.05 | 1.53 |
| 0.00 | 0.01 | 1.21 | 1.42 | |
| 0.00 | 0.52 | 0.44 | 0.35 | |
| Total Liabilities | 0.01 | 2.35 | 5.79 | 5.39 |
| 0.00 | 0.03 | 0.11 | 1.31 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.01 | 2.32 | 5.68 | 4.08 | |
| Total Assets | 0.01 | 2.35 | 5.79 | 5.39 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| 0.00 | -1.23 | -2.90 | |
| 0.00 | -0.11 | -0.24 | |
| 0.01 | 1.71 | 3.31 | |
| Net Cash Flow | 0.01 | 0.37 | 0.17 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|
| Debtor Days | 238.04 | 96.64 | |
| Inventory Days | 151.03 | 152.64 | |
| Days Payable | 155.23 | 22.12 | |
| Cash Conversion Cycle | 233.85 | 227.16 | |
| Working Capital Days | 357.07 | 352.22 | |
| ROCE % | 15.22% | 5.57% |
Documents
Announcements
-
Compliances- Compliance Certificate For The Year Ended March 31, 2024
11 Apr - Shashwat Furnishing Solutions Limited has submitted to exchange compliance certificate for the year ended March 31, 2024
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Shashwat Furnishing Solutions Limited has submitted to the exchange certificate under Reg.74(5) of SEBI (DP) Regulations, 2018 received from Registrar.
- Closure of Trading Window 1 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Jan - Shashwat Furnishing Solutions Limited has submitted to BSE certificate received from Registrar under Regulation 74(5) of SEBI (DP) regulations, 2018.
- Board Meeting Outcome for Board Meeting Dated November 01, 2023 9 Nov 2023
About[1]
The company is engaged in processing of semi-finished furniture into finished products.