Siyaram Recycling Industries Ltd

Siyaram Recycling Industries Ltd

₹ 153 0.66%
13 Dec 1:48 p.m.
About

Incorporated in 2007, Siyaram Recycling Industries Ltd's main activities include segregating brass scrap, manufacturing brass ingots, billets, and brass rods, and producing brass-based components[1]

Key Points

Business Segments[1]
a)Segregation of brass scrap,
b) Manufacturing of brass ingots, billets, and brass rods
c) Manufacturing of brass-based components (plumbing and sanitary parts).

  • Market Cap 333 Cr.
  • Current Price 153
  • High / Low 184 / 55.0
  • Stock P/E 30.4
  • Book Value 44.9
  • Dividend Yield 0.00 %
  • ROCE 13.5 %
  • ROE 12.2 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.40 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -9.68%
  • Company has a low return on equity of 12.7% over last 3 years.

* 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.

Loading peers table ...

Half Yearly Results

Figures in Rs. Crores

Mar 2023 Sep 2023 Mar 2024 Sep 2024
275 215 198 246
270 205 191 231
Operating Profit 5 10 7 14
OPM % 2% 5% 4% 6%
3 0 1 1
Interest 3 3 4 4
Depreciation 2 1 0 1
Profit before tax 3 6 4 10
Tax % 147% 25% 27% 25%
-1 4 3 8
EPS in Rs -1.02 3.08 1.74 4.09
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
139 423 492 413 444
135 418 481 396 422
Operating Profit 4 6 11 17 21
OPM % 3% 1% 2% 4% 5%
1 3 5 1 2
Interest 2 2 4 7 7
Depreciation 1 2 2 1 1
Profit before tax 2 4 10 10 15
Tax % 27% 29% 31% 26%
1 3 7 8 11
EPS in Rs 1.03 2.33 5.19 4.00 5.83
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 44%
TTM: -10%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 74%
TTM: 286%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 13%
Last Year: 12%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 14 14 14 19 19
Reserves 22 25 32 58 66
29 28 67 59 71
33 32 38 34 43
Total Liabilities 98 99 151 170 198
7 8 7 6 5
CWIP 0 0 0 0 0
Investments 0 0 0 0 0
91 91 144 164 193
Total Assets 98 99 151 170 198

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
7 11 -35 -4
-2 -2 -1 -1
-6 -6 34 5
Net Cash Flow -1 2 -1 -0

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 112 29 26 26
Inventory Days 119 48 63 117
Days Payable 86 26 22 17
Cash Conversion Cycle 145 50 66 125
Working Capital Days 149 49 78 110
ROCE % 11% 16% 14%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2023Mar 2024Sep 2024Nov 2024
70.55% 70.82% 70.87% 61.13%
4.39% 1.20% 0.00% 0.00%
6.34% 2.21% 1.68% 2.25%
18.73% 25.78% 27.46% 36.62%
No. of Shareholders 8369191,2271,267

* 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.

Documents