Silicon Rental Solutions Ltd
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]
- Market Cap ₹ 162 Cr.
- Current Price ₹ 157
- High / Low ₹ 269 / 140
- Stock P/E 12.5
- Book Value ₹ 61.2
- Dividend Yield 0.64 %
- ROCE 33.7 %
- ROE 25.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 82.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.5%
- Debtor days have improved from 69.6 to 45.6 days.
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: Miscellaneous Industry: Miscellaneous
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 8 | 12 | 14 | 25 | 36 | 63 | |
| 3 | 4 | 4 | 5 | 6 | 24 | |
| Operating Profit | 5 | 8 | 10 | 19 | 30 | 39 |
| OPM % | 65% | 65% | 70% | 78% | 83% | 61% |
| 0 | -0 | -0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 0 |
| Depreciation | 4 | 5 | 6 | 5 | 15 | 21 |
| Profit before tax | 1 | 3 | 4 | 14 | 14 | 17 |
| Tax % | 27% | 23% | 26% | 26% | 25% | 25% |
| 1 | 2 | 3 | 10 | 11 | 13 | |
| EPS in Rs | 640.00 | 2,160.00 | 2,700.00 | 102.10 | 10.39 | 12.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 10% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 50% |
| 3 Years: | 66% |
| TTM: | 74% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 82% |
| 3 Years: | 68% |
| TTM: | 21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 35% |
| Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 1 | 10 | 10 |
| Reserves | 2 | 6 | 9 | 16 | 41 | 53 |
| 4 | 4 | 5 | 17 | 2 | 6 | |
| 5 | 8 | 8 | 8 | 4 | 8 | |
| Total Liabilities | 11 | 18 | 22 | 42 | 57 | 77 |
| 6 | 11 | 14 | 26 | 40 | 44 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 5 | 7 | 8 | 15 | 17 | 33 | |
| Total Assets | 11 | 18 | 22 | 42 | 57 | 77 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 5 | 8 | 10 | 15 | 19 | 21 | |
| -5 | -7 | -9 | -21 | -29 | -25 | |
| 0 | -0 | 2 | 12 | 8 | 2 | |
| Net Cash Flow | -0 | 0 | 3 | 6 | -2 | -2 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 154 | 140 | 121 | 84 | 80 | |
| Inventory Days | 0 | |||||
| Days Payable | ||||||
| Cash Conversion Cycle | 154 | 140 | 121 | 84 | 80 | |
| Working Capital Days | -55 | -52 | -85 | -20 | 64 | |
| ROCE % | 39% | 32% | 59% | 35% |
Documents
Announcements
- Results For The Financial Year Ended On 31St March, 2024 30 May
- Board Meeting Outcome for Outcome Of The Board Meeting 30 May
- Update on board meeting 18 May
- Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On Thursday, 30Th May, 2024 Pursuant To Regulation 29 Of SEBI (LODR) Regulations, 2015 18 May
- Compliances-Certificate Under Regulation 40 (9), (10) Of The SEBI (LODR) Regulations, 2015 10 Apr
Annual reports
Concalls
-
Nov 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Nov 2022Transcript PPT
Business Overview:[1]
SRSL is an IT Equipment outsourcing company which 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. Company also sells the IT equipment to clients. Additionally, it offers complete networking project solutions with Cat 6E Cabling, Server setup, firewalls, CCTV, etc.