Sandesh Ltd

Sandesh Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sandesh Ltd

₹ 1,224 1.88%
21 May - close price
sandesh.com BSE: 526725 NSE: SANDESH
About

Incorporated in 1943, Sandesh Ltd is in
the business of editing, printing, and publishing newspapers and periodicals, and also runs a Gujarati news channel[1]

Key Points

Business Overview:[1][2]
TSL, part of the Sandesh group, is one of the top three print media players in Gujarat and publishes the Gujarati daily newspaper Sandesh. With printing presses in Ahmedabad, Vadodara, Surat, Rajkot, Bhavnagar, and Bhuj, it circulates across Gujarat and Mumbai. The company also runs the Gujarati TV news channel "Sandesh Telecast" and offers an e-paper via its web portal and mobile app.

Website BSE NSE
  • Market Cap ₹ 927 Cr.
  • Current Price ₹ 1,224
  • High / Low ₹ 2,058 / 1,000
  • Stock P/E 6.66
  • Book Value ₹ 1,779
  • Dividend Yield 0.41 %
  • ROCE 20.9 %
  • ROE 16.3 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Stock is trading at 0.69 times its book value
  • Company has delivered good profit growth of 24.4% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of -5.14% over past five years.
  • Company has a low return on equity of 11.7% over last 3 years.
  • Earnings include an other income of Rs.167 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.

Peer comparison

Sector: Media - Print/Television/Radio Industry: Entertainment / Electronic Media Software

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
77 104 82 81 99 77 72 72 91 86 68 70 79
55 90 66 57 65 70 56 57 65 60 53 54 120
Operating Profit 22 14 16 24 34 8 16 15 26 26 16 16 -41
OPM % 29% 14% 19% 29% 34% 10% 23% 20% 28% 30% 23% 22% -52%
9 25 5 34 12 8 29 21 49 66 50 47 3
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 2 1 1 1 1 2 2 2 2 2 2 2 2
Profit before tax 29 38 20 56 45 14 44 34 73 90 64 61 -40
Tax % 23% 22% 31% 21% 26% 17% 24% 23% 21% 20% 21% 38% -48%
22 29 13 44 33 11 33 26 58 72 50 38 -21
EPS in Rs 29.65 38.60 17.82 58.25 43.77 14.94 43.77 34.27 76.23 95.01 66.70 50.32 -27.61
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 TTM
307 313 345 374 354 375 417 341 272 307 339 320 303
226 230 248 246 248 257 330 271 197 231 244 238 287
Operating Profit 81 83 97 128 106 118 87 70 75 76 96 82 15
OPM % 26% 26% 28% 34% 30% 31% 21% 20% 28% 25% 28% 26% 5%
13 1 1 4 14 14 20 12 49 48 44 166 167
Interest 5 8 4 2 1 0 0 0 0 0 0 0 0
Depreciation 8 8 8 8 8 9 9 8 7 6 6 6 7
Profit before tax 81 68 86 123 111 123 97 74 116 118 134 241 175
Tax % 28% 33% 34% 35% 36% 35% 35% 21% 23% 24% 24% 22%
58 46 57 80 71 80 63 58 89 90 102 189 140
EPS in Rs 76.12 60.52 75.36 105.24 93.65 105.32 83.38 77.10 117.99 118.32 134.78 249.28 184.42
Dividend Payout % 5% 7% 5% 5% 5% 5% 6% 6% 4% 4% 4% 2%
Compounded Sales Growth
10 Years: 0%
5 Years: -5%
3 Years: 6%
TTM: -3%
Compounded Profit Growth
10 Years: 15%
5 Years: 24%
3 Years: 29%
TTM: 9%
Stock Price CAGR
10 Years: 9%
5 Years: 23%
3 Years: 17%
1 Year: 1%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 12%
Last Year: 16%

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 Sep 2024
Equity Capital 8 8 8 8 8 8 8 8 8 8 8 8 8
Reserves 351 393 447 563 582 657 716 770 877 939 1,044 1,250 1,339
68 56 10 14 2 0 0 0 0 0 0 0 0
80 90 84 118 95 87 69 55 75 63 62 87 110
Total Liabilities 507 547 549 702 686 752 793 832 960 1,010 1,113 1,345 1,457
75 68 71 73 126 138 132 128 120 110 111 110 108
CWIP 0 0 1 0 11 0 0 0 0 0 0 1 1
Investments 159 159 171 393 285 387 497 419 508 508 662 974 1,168
273 319 307 236 264 227 163 285 331 392 339 260 180
Total Assets 507 547 549 702 686 752 793 832 960 1,010 1,113 1,345 1,457

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
74 28 55 97 96 80 48 -90 48 22 84 154
-5 -2 -22 -39 -31 -112 -102 86 -40 33 -106 -131
-46 -15 -50 -4 -17 -6 -5 -5 -4 -4 -4 -4
Net Cash Flow 22 11 -17 55 49 -38 -58 -10 4 51 -26 20

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 60 60 60 62 68 69 64 72 68 50 43 54
Inventory Days 71 87 158 68 128 128 48 66 125 132 47 61
Days Payable 22 36 18 37 37 50 24 18 87 27 27 33
Cash Conversion Cycle 108 111 200 92 158 146 89 120 106 155 64 83
Working Capital Days 153 103 110 16 50 56 59 217 138 145 98 121
ROCE % 18% 17% 19% 24% 19% 20% 14% 10% 14% 11% 13% 21%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
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% 0.01% 0.05% 0.16% 0.15% 0.14%
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% 25.19% 25.19% 25.18% 25.20% 25.19% 25.19% 25.17% 25.14% 25.02% 25.04% 25.04%
No. of Shareholders 5,6565,5625,5846,1355,9665,9345,6296,4436,3436,9517,2867,548

* 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.

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