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 ₹ 195 Cr.
- Current Price ₹ 190
- High / Low ₹ 269 / 140
- Stock P/E 15.8
- Book Value ₹ 55.3
- Dividend Yield 0.53 %
- ROCE 34.6 %
- ROE 31.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 43.7%
Cons
- Working capital days have increased from -13.8 days to 64.0 days
* 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 | TTM | |
|---|---|---|---|---|---|---|
| 8 | 12 | 14 | 25 | 36 | 43 | |
| 3 | 4 | 4 | 5 | 6 | 9 | |
| Operating Profit | 5 | 8 | 10 | 19 | 30 | 33 |
| OPM % | 65% | 65% | 70% | 78% | 83% | 78% |
| 0 | -0 | -0 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 0 |
| Depreciation | 4 | 5 | 6 | 5 | 15 | 18 |
| Profit before tax | 1 | 3 | 4 | 14 | 14 | 16 |
| Tax % | 27% | 23% | 26% | 26% | 25% | |
| 1 | 2 | 3 | 10 | 11 | 12 | |
| EPS in Rs | 640.00 | 2,160.00 | 2,700.00 | 102.10 | 10.39 | 12.05 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| TTM: | 36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 69% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 27% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| Last Year: | 31% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0 | 0 | 0 | 1 | 10 | 10 |
| Reserves | 2 | 6 | 9 | 16 | 41 | 47 |
| 4 | 4 | 5 | 17 | 2 | 9 | |
| 5 | 8 | 8 | 8 | 4 | 6 | |
| Total Liabilities | 11 | 18 | 22 | 42 | 57 | 72 |
| 6 | 11 | 14 | 26 | 40 | 46 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 5 | 7 | 8 | 15 | 17 | 26 | |
| Total Assets | 11 | 18 | 22 | 42 | 57 | 72 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 5 | 8 | 10 | 15 | 19 | |
| -5 | -7 | -9 | -21 | -29 | |
| 0 | -0 | 2 | 12 | 8 | |
| Net Cash Flow | -0 | 0 | 3 | 6 | -2 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 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
- Compliances-Certificate Under Regulation 40 (9), (10) Of The SEBI (LODR) Regulations, 2015 10 Apr
-
Compliances-Compliance Certificate For The Period Ended March, 2024
10 Apr - Submission of Certificate pursuant to Regulation 7(3) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 for the Year ended March 31st, 2024
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate pursuant to Regulation 74 (5) of the SEBI (Depositories and Participants) Regulations 2018 for quarter ended March 31, 2024
- Closure of Trading Window 28 Mar
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jan - Certificate pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018
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.