Sandesh Ltd
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]
- Market Cap ₹ 1,272 Cr.
- Current Price ₹ 1,680
- High / Low ₹ 2,058 / 1,000
- Stock P/E 5.82
- Book Value ₹ 1,784
- Dividend Yield 0.30 %
- ROCE 20.8 %
- ROE 16.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.96 times its book value
- Company has delivered good profit growth of 23.8% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of -5.13% 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.214 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
238 | 264 | 375 | 356 | 377 | 419 | 343 | 274 | 309 | 341 | 322 | 316 | |
243 | 249 | 247 | 249 | 258 | 331 | 273 | 198 | 232 | 246 | 240 | 234 | |
Operating Profit | -5 | 15 | 128 | 106 | 119 | 88 | 71 | 76 | 76 | 95 | 82 | 82 |
OPM % | -2% | 6% | 34% | 30% | 32% | 21% | 21% | 28% | 25% | 28% | 25% | 26% |
27 | 32 | 4 | 15 | 16 | 21 | 15 | 49 | 48 | 45 | 166 | 214 | |
Interest | 1 | 4 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 4 | 5 | 8 | 8 | 9 | 9 | 8 | 7 | 6 | 6 | 7 | 7 |
Profit before tax | 16 | 38 | 123 | 113 | 126 | 99 | 77 | 117 | 118 | 134 | 241 | 289 |
Tax % | 44% | 32% | 35% | 36% | 34% | 35% | 21% | 23% | 24% | 24% | 22% | |
9 | 26 | 80 | 73 | 83 | 65 | 61 | 90 | 90 | 101 | 189 | 218 | |
EPS in Rs | 105.56 | 96.19 | 109.44 | 85.62 | 80.72 | 118.87 | 118.68 | 133.97 | 249.15 | 288.36 | ||
Dividend Payout % | 25% | 10% | 5% | 5% | 5% | 6% | 6% | 4% | 4% | 4% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | 6% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 29% |
TTM: | 112% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 25% |
3 Years: | 30% |
1 Year: | 64% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 12% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
Reserves | 172 | 195 | 563 | 584 | 662 | 723 | 779 | 881 | 943 | 1,047 | 1,254 | 1,343 |
0 | 54 | 14 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
60 | 86 | 118 | 95 | 87 | 70 | 55 | 75 | 64 | 62 | 87 | 111 | |
Total Liabilities | 241 | 344 | 702 | 688 | 758 | 800 | 842 | 964 | 1,014 | 1,117 | 1,349 | 1,461 |
57 | 53 | 73 | 126 | 138 | 132 | 128 | 120 | 110 | 112 | 110 | 109 | |
CWIP | 0 | 0 | 0 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Investments | 15 | 7 | 393 | 287 | 392 | 504 | 428 | 512 | 512 | 666 | 977 | 1,171 |
169 | 284 | 237 | 265 | 228 | 164 | 285 | 332 | 392 | 340 | 261 | 181 | |
Total Assets | 241 | 344 | 702 | 688 | 758 | 800 | 842 | 964 | 1,014 | 1,117 | 1,349 | 1,461 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-10 | -56 | 99 | 98 | 78 | 48 | -90 | 49 | 22 | 84 | 154 | |
2 | 8 | -39 | -33 | -110 | -102 | 85 | -40 | 33 | -106 | -130 | |
14 | 47 | -4 | -17 | -7 | -5 | -5 | -4 | -4 | -4 | -4 | |
Net Cash Flow | 6 | -1 | 57 | 49 | -38 | -58 | -10 | 4 | 51 | -26 | 20 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2007 | Mar 2008 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 41 | 48 | 62 | 68 | 69 | 64 | 72 | 68 | 50 | 43 | 55 |
Inventory Days | 70 | 58 | 68 | 128 | 128 | 48 | 66 | 125 | 132 | 47 | 61 |
Days Payable | 57 | 82 | 38 | 37 | 51 | 24 | 18 | 87 | 27 | 27 | 33 |
Cash Conversion Cycle | 55 | 24 | 92 | 158 | 146 | 89 | 120 | 106 | 155 | 64 | 83 |
Working Capital Days | 157 | 263 | 16 | 50 | 56 | 59 | 216 | 138 | 144 | 98 | 121 |
ROCE % | 19% | 19% | 20% | 14% | 10% | 14% | 11% | 13% | 21% |
Documents
Announcements
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
30 Nov - Information on loss of share certificates.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov - Copy of the newspaper publication for the Standalone and Consolidated Financial Results for the Quarter and Half Year ended September 30, 2024.
-
Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2024
12 Nov - Approval of unaudited financial results for Q2 FY2024.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On November 12, 2024
12 Nov - Board approved unaudited financial results for Q2 FY2024.
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Board Meeting Intimation for Approval Of Standalone And Consolidated Unaudited Financial Statements For The Quarter Ended September 30, 2024
8 Nov - Board meeting to approve financial results for Q2 2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
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.