Siyaram Recycling Industries Ltd
₹ 34.4
-2.35%
29 Oct
12:56 p.m.
About
Incorporated in 2007, Siyaram Recycling Industries Ltd manufactures all kinds of Brass Plumbing and Sanitary Components[1]
Key Points
- Market Cap ₹ 75.0 Cr.
- Current Price ₹ 34.4
- High / Low ₹ 99.7 / 31.5
- Stock P/E 19.8
- Book Value ₹ 59.7
- Dividend Yield 0.00 %
- ROCE 7.34 %
- ROE 2.95 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.58 times its book value
- Promoter holding has increased by 0.98% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 8.88% over last 3 years.
- Debtor days have increased from 39.1 to 55.1 days.
- Working capital days have increased from 93.9 days to 136 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
Industrials Capital Goods Industrial Products Other Industrial Products
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Upcoming result date: today
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 139 | 423 | 492 | 413 | 511 | 362 | |
| 135 | 418 | 481 | 396 | 484 | 345 | |
| Operating Profit | 4 | 6 | 11 | 17 | 27 | 17 |
| OPM % | 2.7% | 1.3% | 2.3% | 4.1% | 5% | 4.7% |
| 1 | 3 | 5 | 1 | 2 | 1 | |
| Interest | 2 | 2 | 4 | 7 | 8 | 11 |
| Depreciation | 1 | 2 | 2 | 1 | 1 | 2 |
| Profit before tax | 2 | 4 | 10 | 10 | 20 | 6 |
| Tax % | 27% | 29% | 31% | 26% | 29% | 34% |
| 1 | 3 | 7 | 8 | 15 | 4 | |
| EPS in Rs | 1.03 | 2.33 | 5.19 | 4.00 | 6.69 | 1.74 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | -10% |
| TTM: | -29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | -19% |
| TTM: | -74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -64% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 9% |
| Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 19 | 22 | 22 |
| Reserves | 22 | 25 | 32 | 58 | 105 | 108 |
| 29 | 28 | 67 | 59 | 76 | 114 | |
| 33 | 32 | 38 | 34 | 80 | 30 | |
| Total Liabilities | 98 | 99 | 151 | 170 | 283 | 274 |
| 7 | 8 | 7 | 6 | 8 | 6 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 91 | 91 | 144 | 164 | 276 | 268 | |
| Total Assets | 98 | 99 | 151 | 170 | 283 | 274 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 7 | 11 | -35 | -4 | -43 | -28 | |
| -2 | -2 | -1 | -1 | -3 | -0 | |
| -6 | -6 | 34 | 5 | 45 | 29 | |
| Net Cash Flow | -1 | 2 | -1 | -0 | -1 | 0 |
| Free Cash Flow | 5 | 8 | -36 | -5 | -46 | -28 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 178% | 192% | -261% | -9% | -138% | -153% |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 112 | 29 | 26 | 26 | 36 | 55 |
| Inventory Days | 119 | 48 | 63 | 117 | 161 | 226 |
| Days Payable | 86 | 26 | 22 | 17 | 30 | 26 |
| Cash Conversion Cycle | 145 | 50 | 66 | 125 | 167 | 255 |
| Working Capital Days | 114 | 27 | 31 | 59 | 86 | 136 |
| ROCE % | 11% | 16% | 14% | 17% | 7% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Export Revenue Share % |
|
||||
| Trading (Brass Scrap) Share of Revenue % |
|||||
| Brass Ingots Share of Manufactured Products Revenue % |
|||||
| Imported Brass Scrap Share of Total Brass Scrap Cost % |
|||||
| Permanent Employees count |
|||||
| Solar Power Installed Capacity KW |
|||||
| Value-added Products (Components + Rods) Share of Manufactured Products Revenue % |
|||||
Requires Premium
Requires Premium
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- Attached herewith Intimation of Order recieved from Sahjanand Impex
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- Siyaram Recycling secured Rs 1.92 crore domestic Brass Scrap Honey order from Anurag Impex, executable within 15 days.
-
Announcement under Regulation 30 (LODR) - Awarding of order(s) or contract(s)
- Siyaram Recycling secured Rs 8.71 crore brass billet order from Green Metals FZCO, Dubai, for execution within 30 days.
-
Announcement under Regulation 30 (LODR) - Awarding of order(s) or contract(s)
- Siyaram Recycling secured a Rs 17.28 crore brass billets order from Green Metals FZCO, Dubai, executable within 30 days.
-
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Thursday, 29Th October, 2026
- Board meeting on 29 Oct 2026 to approve unaudited half-year results for 30 Sep 2026.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
Business Overview:[1][2]
SRIL is in the business of manufacturing copper alloy (brass) ingots and billets, this includes brass-based components, primarily plumbing and sanitary parts, with both domestic and export sales. It operates in the segregation of brass scrap, manufacturing brass ingots, billets, and rods, and also the manufacturing brass-based plumbing and sanitary components, including brass inserts, brass ceramic cartridges (brass spindles), brass valves, extension nipples, and other products developed according to the customer requirements.