S & S Power Switchgear Ltd

S & S Power Switchgear Ltd

₹ 350 5.00%
26 Jul - close price
About

Incorporated in 1975, S&S Power Switchgear Ltd is in the business of Transmission & Distribution of Equipment industry, power sector focused Switchgear, P&C Solutions and associated electrical systems, product, and services.

Key Points

Business Overview:[1]
Company is a part of Power and T&D Equipment industry, focused on Switchgear, Protection and Control Systems, associated products and services. Emerging markets & developing economies and UK are focused geography, along with India

  • Market Cap 432 Cr.
  • Current Price 350
  • High / Low 352 / 59.1
  • Stock P/E
  • Book Value 29.3
  • Dividend Yield 0.00 %
  • ROCE -2.24 %
  • ROE -13.2 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 301 to 37.2 days.

Cons

  • Stock is trading at 11.9 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -8.63% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.54 0.50 0.37 0.49 0.66 0.57 0.45 0.50 0.51 0.37 0.37 0.36 0.47
1.23 0.70 0.65 0.78 0.72 0.64 0.59 0.63 0.83 0.51 0.51 0.44 0.60
Operating Profit -0.69 -0.20 -0.28 -0.29 -0.06 -0.07 -0.14 -0.13 -0.32 -0.14 -0.14 -0.08 -0.13
OPM % -127.78% -40.00% -75.68% -59.18% -9.09% -12.28% -31.11% -26.00% -62.75% -37.84% -37.84% -22.22% -27.66%
0.78 0.46 0.47 0.50 0.49 0.25 0.31 10.58 0.69 0.01 0.01 0.01 0.02
Interest 0.38 0.39 0.39 0.39 0.38 0.39 0.41 0.36 0.10 0.43 0.46 0.46 0.45
Depreciation 0.17 0.11 0.12 0.13 0.12 0.08 0.10 0.10 0.10 0.10 0.10 0.10 0.10
Profit before tax -0.46 -0.24 -0.32 -0.31 -0.07 -0.29 -0.34 9.99 0.17 -0.66 -0.69 -0.63 -0.66
Tax % 10.87% -8.33% 0.00% -3.23% 71.43% -6.90% 0.00% -0.20% 64.71% -1.52% 0.00% 0.00% -10.61%
-0.51 -0.22 -0.32 -0.30 -0.12 -0.28 -0.34 10.01 0.06 -0.65 -0.69 -0.63 -0.59
EPS in Rs -0.82 -0.35 -0.52 -0.48 -0.19 -0.45 -0.55 16.15 0.10 -1.05 -1.11 -1.02 -0.95
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.42 1.66 1.59 2.59 0.34 0.70 0.51 0.86 0.57 0.58 0.59 1.57
2.28 1.49 2.15 3.35 3.13 3.89 4.02 5.01 3.11 2.87 2.69 2.06
Operating Profit -0.86 0.17 -0.56 -0.76 -2.79 -3.19 -3.51 -4.15 -2.54 -2.29 -2.10 -0.49
OPM % -60.56% 10.24% -35.22% -29.34% -820.59% -455.71% -688.24% -482.56% -445.61% -394.83% -355.93% -31.21%
-1.31 1.61 1.40 1.37 2.47 3.29 5.60 -1.11 3.48 3.36 13.27 0.04
Interest 0.27 0.38 0.41 0.46 0.63 0.88 1.12 1.25 1.57 1.54 1.26 1.79
Depreciation 0.22 0.14 0.16 0.17 0.15 0.15 0.16 0.47 0.47 0.48 0.38 0.39
Profit before tax -2.66 1.26 0.27 -0.02 -1.10 -0.93 0.81 -6.98 -1.10 -0.95 9.53 -2.63
Tax % 0.00% 0.00% 0.00% 0.00% -6.36% 11.83% 1.23% -0.86% 0.00% 2.11% 0.73% -3.04%
-2.66 1.26 0.27 -0.02 -1.02 -1.04 0.80 -6.92 -1.10 -0.96 9.45 -2.55
EPS in Rs -4.29 2.03 0.44 -0.03 -1.65 -1.68 1.29 -11.16 -1.77 -1.55 15.24 -4.11
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -1%
5 Years: 25%
3 Years: 40%
TTM: 166%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -381%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 160%
1 Year: 403%
Return on Equity
10 Years: -4%
5 Years: -8%
3 Years: -9%
Last Year: -13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 6.20 6.20 6.20 6.20 6.20 6.20 6.20 6.20 6.20 6.20 6.20 6.20
Reserves 13.77 15.34 15.61 15.59 13.95 12.98 13.74 6.82 5.89 4.89 14.38 11.98
6.89 6.62 7.37 7.37 11.06 14.76 13.94 15.48 15.96 15.13 17.29 18.87
5.68 4.68 5.21 5.88 4.67 4.50 3.79 4.78 4.05 4.44 2.99 2.96
Total Liabilities 32.54 32.84 34.39 35.04 35.88 38.44 37.67 33.28 32.10 30.66 40.86 40.01
3.37 3.34 3.27 3.14 2.90 2.78 2.87 3.31 2.88 0.49 0.84 0.48
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 16.95 16.95 16.95 16.95 15.75 18.74 18.74 13.02 13.02 13.02 13.02 27.28
12.22 12.55 14.17 14.95 17.23 16.92 16.06 16.95 16.20 17.15 27.00 12.25
Total Assets 32.54 32.84 34.39 35.04 35.88 38.44 37.67 33.28 32.10 30.66 40.86 40.01

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1.15 -0.64 0.12 -0.41 0.06 0.45 -0.69 0.48 -0.18 1.23 0.22
1.36 0.37 0.23 -1.57 -2.92 1.48 0.90 0.57 0.72 11.54 14.26
-0.26 0.34 -0.46 2.01 2.83 -1.94 0.09 -1.32 -0.57 -12.78 -14.47
Net Cash Flow -0.05 0.07 -0.11 0.03 -0.03 -0.01 0.30 -0.26 -0.02 -0.01 0.00

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 496.09 397.98 484.37 404.46 3,156.18 1,209.71 916.08 645.12 204.91 654.48 210.34 37.20
Inventory Days 381.59 182.50 385.86 107.70 419.07 101.86 317.69 1,733.75 476.73
Days Payable 1,169.66 488.73 1,480.86 879.59 621.85 237.67 358.24 1,569.50 402.24
Cash Conversion Cycle 496.09 397.98 -303.70 98.23 2,061.18 437.83 713.30 509.30 164.36 818.73 284.83 37.20
Working Capital Days 2,190.00 2,174.61 2,499.91 1,545.97 2,726.76 766.50 844.51 432.91 332.98 1,913.10 680.51 192.96
ROCE % 0.64% 1.74% 2.37% 1.30% -1.72% 0.00% 5.90% -0.03% 1.66% 2.17% 2.31% -2.24%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21% 50.21%
2.60% 2.76% 2.78% 0.96% 0.99% 0.98% 0.96% 0.46% 0.41% 0.41% 0.41% 0.41%
47.19% 47.04% 47.02% 48.83% 48.80% 48.82% 48.84% 49.32% 49.38% 49.38% 49.38% 49.38%
No. of Shareholders 20,21220,17420,16920,27220,26520,14920,02519,87319,66919,62819,56719,621

* 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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