Silicon Rental Solutions Ltd

Silicon Rental Solutions Ltd

₹ 190 0.26%
10 Jun 12:44 p.m.
About

Incorporated in 2016, Silicon Rental Solutions Ltd does trading and letting out on hire of Computers, Computer Software and Computer Accessories and other Equipment[1]

Key Points

Business Overview:[1]
SRSL is an IT Equipment outsourcing company that provides end-to-end IT equipment like laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices, etc. on a rental and returnable basis. The company also sells the IT equipment to clients. Additionally, it offers complete networking project solutions with Cat 6E Cabling, Server setup, firewalls, CCTV, etc.

  • Market Cap 218 Cr.
  • Current Price 190
  • High / Low 292 / 147
  • Stock P/E 16.5
  • Book Value 88.6
  • Dividend Yield 0.53 %
  • ROCE 21.7 %
  • ROE 16.1 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 21.2%

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.

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Half Yearly Results

Figures in Rs. Crores

Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025
11 14 18 19 24 39 55 47
2 3 3 3 6 18 32 25
Operating Profit 8 11 15 15 18 21 23 22
OPM % 78% 78% 83% 82% 74% 54% 42% 48%
0 0 0 0 1 -1 0 0
Interest 0 0 0 0 0 0 0 0
Depreciation 4 1 7 8 10 12 13 14
Profit before tax 4 9 7 7 9 8 10 8
Tax % 25% 26% 26% 22% 23% 28% 26% 30%
3 7 5 5 7 6 7 6
EPS in Rs 3,230.00 69.70 7.17 5.11 6.94 5.62 7.06 5.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
8 12 14 25 36 63 102
3 4 4 5 6 24 57
Operating Profit 5 8 10 19 30 39 45
OPM % 65% 65% 70% 78% 82% 61% 44%
0 -0 -0 0 0 0 1
Interest 0 0 0 0 1 0 1
Depreciation 4 5 6 5 15 21 27
Profit before tax 1 3 4 14 14 17 18
Tax % 27% 23% 26% 26% 24% 25% 28%
1 2 3 10 11 13 13
EPS in Rs 640.00 2,160.00 2,700.00 102.10 10.39 12.56 11.56
Dividend Payout % 0% 0% 0% 0% 10% 8% 9%
Compounded Sales Growth
10 Years: %
5 Years: 53%
3 Years: 61%
TTM: 61%
Compounded Profit Growth
10 Years: %
5 Years: 43%
3 Years: 9%
TTM: 3%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 19%
Return on Equity
10 Years: %
5 Years: 26%
3 Years: 21%
Last Year: 16%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.01 0.01 0.01 1 10 10 11
Reserves 2 6 9 16 41 53 90
4 4 5 17 2 6 5
5 8 8 8 4 8 10
Total Liabilities 11 18 22 42 57 77 116
6 11 14 26 40 44 58
CWIP 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0
5 7 8 15 17 33 58
Total Assets 11 18 22 42 57 77 116

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
5 8 10 15 19 21 40
-5 -7 -9 -21 -29 -25 -40
0 -0 2 12 8 2 23
Net Cash Flow -0 0 3 6 -2 -2 23

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 154 140 121 84 80 152 101
Inventory Days 0 0 5
Days Payable 0
Cash Conversion Cycle 154 140 121 84 80 152 105
Working Capital Days -55 -52 -85 -20 64 115 73
ROCE % 39% 32% 59% 34% 29% 22%

Shareholding Pattern

Numbers in percentages

Oct 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025
73.44% 73.44% 73.44% 73.67% 74.13% 66.69%
0.00% 0.00% 0.00% 0.09% 0.54% 4.29%
0.00% 0.00% 0.12% 0.00% 0.05% 0.00%
26.55% 26.56% 26.45% 26.23% 25.28% 29.02%
No. of Shareholders 9876398138761,0181,028

* 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.

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