Sandesh Ltd

Sandesh Ltd

₹ 1,230 0.61%
25 Apr - close price
About

Sandesh Ltd belongs to the Regional Print Media Industry and is a publisher of “SANDESH” a premier Gujarati daily newspaper. [1]

Key Points

Business Offerings
Sandesh Newspaper: Published from Gujarat, Sandesh is the largest Gujarati media company with 6 editions across Gujarat.
Sandesh Television: The 24x7 Gujarati News Channel, Sandesh News reaches out to the most Gujarati Audience through 100 plus reporters.
Sandesh Digital: The Co has launched a Gujarati news App in India, and has an expanding digital presence of millions of followers across all platforms.
Out Of Home media solutions: It operates under the brand name of "Spotlight", and focuses on innovatively and effectively enhancing the brand message by going beyond just grabbing eyeballs, and creating a lasting buzz around the brand. [1]

  • Market Cap 931 Cr.
  • Current Price 1,230
  • High / Low 1,437 / 880
  • Stock P/E 7.28
  • Book Value 1,467
  • Dividend Yield 0.41 %
  • ROCE 12.9 %
  • ROE 9.77 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.84 times its book value
  • Company's working capital requirements have reduced from 127 days to 98.2 days

Cons

  • The company has delivered a poor sales growth of -1.98% over past five years.
  • Company has a low return on equity of 9.46% over last 3 years.
  • Earnings include an other income of Rs.107 Cr.

* 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
78 91 53 73 77 104 82 81 99 77 72 72 91
56 67 41 45 55 90 66 57 65 70 56 57 65
Operating Profit 22 24 12 28 22 14 16 24 34 8 16 15 26
OPM % 29% 26% 22% 39% 29% 14% 19% 29% 34% 10% 23% 20% 28%
23 3 9 6 9 25 5 34 12 8 29 21 49
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 2 2 2 2 2 1 1 1 1 2 2 2 2
Profit before tax 43 25 19 32 29 38 20 56 45 14 44 34 73
Tax % 22% 24% 21% 29% 23% 22% 31% 21% 26% 17% 24% 23% 21%
34 19 15 23 22 29 13 44 33 11 33 26 58
EPS in Rs 44.72 25.26 19.76 30.31 29.65 38.60 17.82 58.25 43.77 14.94 43.77 34.27 76.23
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
266 307 313 345 374 354 375 417 341 272 307 339 312
193 226 230 248 246 248 257 330 271 197 231 244 248
Operating Profit 73 81 83 97 128 106 118 87 70 75 76 96 64
OPM % 28% 26% 26% 28% 34% 30% 31% 21% 20% 28% 25% 28% 20%
2 13 1 1 4 14 14 20 12 49 48 44 107
Interest 10 5 8 4 2 1 0 0 0 0 0 0 0
Depreciation 7 8 8 8 8 8 9 9 8 7 6 6 6
Profit before tax 59 81 68 86 123 111 123 97 74 116 118 134 164
Tax % 33% 28% 33% 34% 35% 36% 35% 35% 21% 23% 24% 24%
39 58 46 57 80 71 80 63 58 89 90 102 128
EPS in Rs 45.90 76.12 60.52 75.36 105.24 93.65 105.32 83.38 77.10 117.99 118.32 134.78 169.21
Dividend Payout % 8% 5% 7% 5% 5% 5% 5% 6% 6% 4% 4% 4%
Compounded Sales Growth
10 Years: 1%
5 Years: -2%
3 Years: 0%
TTM: -15%
Compounded Profit Growth
10 Years: 7%
5 Years: 4%
3 Years: 19%
TTM: 8%
Stock Price CAGR
10 Years: 15%
5 Years: 11%
3 Years: 23%
1 Year: 34%
Return on Equity
10 Years: 11%
5 Years: 9%
3 Years: 9%
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 9 8 8 8 8 8 8 8 8 8 8 8 8
Reserves 325 351 393 447 563 582 657 716 770 877 939 1,044 1,103
82 68 56 10 14 2 0 0 0 0 0 0 0
99 80 90 84 118 95 87 69 55 75 63 62 62
Total Liabilities 514 507 547 549 702 686 752 793 832 960 1,010 1,113 1,172
78 75 68 71 73 126 138 132 128 120 110 111 110
CWIP 2 0 0 1 0 11 0 0 0 0 0 0 0
Investments 146 159 159 171 393 285 387 497 419 508 508 662 763
289 273 319 307 236 264 227 163 285 331 392 339 300
Total Assets 514 507 547 549 702 686 752 793 832 960 1,010 1,113 1,172

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-80 74 28 55 97 96 80 48 -90 48 22 96
-63 -5 -2 -22 -39 -31 -112 -102 86 -40 33 -113
65 -46 -15 -50 -4 -17 -6 -5 -5 -4 -4 -4
Net Cash Flow -78 22 11 -17 55 49 -38 -58 -10 4 51 -20

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 85 60 60 60 62 68 69 64 72 68 50 43
Inventory Days 90 71 87 158 68 128 128 48 66 125 132 47
Days Payable 40 22 36 18 37 37 50 24 18 87 27 21
Cash Conversion Cycle 136 108 111 200 92 158 146 89 120 106 155 69
Working Capital Days 264 153 103 110 16 50 56 59 217 138 145 98
ROCE % 19% 18% 17% 19% 24% 19% 20% 14% 10% 14% 11% 13%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81% 74.81%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
25.18% 25.18% 25.18% 25.18% 25.18% 25.19% 25.19% 25.18% 25.20% 25.19% 25.19% 25.17%
No. of Shareholders 4,8825,6895,6165,5315,6565,5625,5846,1355,9665,9345,6296,443

* 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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