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 7.30
  • Book Value 1,467
  • Dividend Yield 0.41 %
  • ROCE 12.8 %
  • ROE 9.67 %
  • 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 98.0 days

Cons

  • The company has delivered a poor sales growth of -2.02% over past five years.
  • Company has a low return on equity of 9.42% 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

Consolidated Figures in Rs. Crores / View Standalone

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
79 91 54 74 78 104 82 82 100 77 72 72 91
56 67 41 45 56 90 67 58 66 70 56 58 66
Operating Profit 23 24 12 28 22 14 15 24 34 7 16 14 25
OPM % 29% 26% 23% 39% 28% 13% 19% 29% 34% 9% 22% 20% 28%
30 3 9 6 9 25 5 34 12 8 29 21 50
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 50 25 19 32 29 37 19 56 45 13 44 34 73
Tax % 19% 24% 21% 29% 23% 22% 31% 21% 26% 17% 24% 23% 21%
41 19 15 23 22 29 13 44 33 11 33 26 58
EPS in Rs 53.82 25.34 20.15 30.44 29.57 38.52 17.48 58.19 43.72 14.59 43.69 34.23 76.20
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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 TTM
238 264 375 356 377 419 343 274 309 341 313
243 249 247 249 258 331 273 198 232 246 250
Operating Profit -5 15 128 106 119 88 71 76 76 95 63
OPM % -2% 6% 34% 30% 32% 21% 21% 28% 25% 28% 20%
27 32 4 15 16 21 15 49 48 45 107
Interest 1 4 2 1 0 0 0 0 0 0 0
Depreciation 4 5 8 8 9 9 8 7 6 6 7
Profit before tax 16 38 123 113 126 99 77 117 118 134 164
Tax % 44% 32% 35% 36% 34% 35% 21% 23% 24% 24%
9 26 80 73 83 65 61 90 90 101 128
EPS in Rs 105.56 96.19 109.44 85.62 80.72 118.87 118.68 133.97 168.71
Dividend Payout % 25% 10% 5% 5% 5% 6% 6% 4% 4% 4%
Compounded Sales Growth
10 Years: %
5 Years: -2%
3 Years: 0%
TTM: -15%
Compounded Profit Growth
10 Years: %
5 Years: 3%
3 Years: 17%
TTM: 8%
Stock Price CAGR
10 Years: 15%
5 Years: 11%
3 Years: 23%
1 Year: 34%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 9%
Last Year: 10%

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 Sep 2023
Equity Capital 9 9 8 8 8 8 8 8 8 8 8
Reserves 172 195 563 584 662 723 779 881 943 1,047 1,103
0 54 14 2 0 0 0 0 0 0 0
60 86 118 95 87 70 55 75 64 62 62
Total Liabilities 241 344 702 688 758 800 842 964 1,014 1,117 1,172
57 53 73 126 138 132 128 120 110 112 110
CWIP 0 0 0 11 0 0 0 0 0 0 0
Investments 15 7 393 287 392 504 428 512 512 666 763
169 284 237 265 228 164 285 332 392 340 300
Total Assets 241 344 702 688 758 800 842 964 1,014 1,117 1,172

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
-10 -56 99 98 78 48 -90 49 22 96
2 8 -39 -33 -110 -102 85 -40 33 -112
14 47 -4 -17 -7 -5 -5 -4 -4 -4
Net Cash Flow 6 -1 57 49 -38 -58 -10 4 51 -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
Debtor Days 41 48 62 68 69 64 72 68 50 43
Inventory Days 70 58 68 128 128 48 66 125 132 47
Days Payable 57 82 38 37 51 24 18 87 27 22
Cash Conversion Cycle 55 24 92 158 146 89 120 106 155 69
Working Capital Days 157 263 16 50 56 59 216 138 144 98
ROCE % 19% 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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