Sarveshwar Foods Ltd
Sarveshwar Foods Limited, incorporated in 2004 in Jammu & Kashmir, is engaged in the manufacturing, trading and export of Basmati rice, which is a long grain rice with a fine texture. [1]
- Market Cap ₹ 896 Cr.
- Current Price ₹ 9.15
- High / Low ₹ 15.7 / 2.19
- Stock P/E 61.9
- Book Value ₹ 2.49
- Dividend Yield 0.00 %
- ROCE 8.12 %
- ROE 4.69 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 123 to 93.3 days.
Cons
- Stock is trading at 3.68 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.47% over past five years.
- Company has a low return on equity of 3.48% over last 3 years.
- Promoter holding has decreased over last 3 years: -18.8%
* 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: FMCG Industry: Food - Processing - Indian
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
259 | 354 | 418 | 481 | 566 | 488 | 514 | 605 | 689 | 752 | |
232 | 325 | 381 | 439 | 531 | 463 | 494 | 577 | 657 | 699 | |
Operating Profit | 28 | 30 | 37 | 42 | 36 | 25 | 20 | 27 | 32 | 53 |
OPM % | 11% | 8% | 9% | 9% | 6% | 5% | 4% | 5% | 5% | 7% |
3 | 1 | 2 | 1 | 4 | 4 | 2 | 3 | 8 | 5 | |
Interest | 18 | 20 | 19 | 18 | 14 | 20 | 13 | 20 | 27 | 36 |
Depreciation | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 |
Profit before tax | 10 | 7 | 18 | 22 | 23 | 7 | 8 | 9 | 11 | 20 |
Tax % | 21% | 22% | 27% | 24% | 23% | 18% | 34% | 28% | 27% | |
8 | 6 | 13 | 17 | 18 | 6 | 5 | 3 | 8 | 14 | |
EPS in Rs | 0.29 | 0.20 | 0.24 | 0.22 | 0.25 | 0.08 | 0.07 | 0.05 | 0.11 | 0.15 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 12% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -14% |
3 Years: | 11% |
TTM: | 107% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 50% |
3 Years: | 96% |
1 Year: | 267% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 3% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 18 | 25 | 25 | 25 | 25 | 25 | 29 | 98 |
Reserves | 21 | 26 | 30 | 90 | 107 | 112 | 113 | 116 | 163 | 146 |
Preference Capital | 0 | 0 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | |
184 | 199 | 183 | 182 | 227 | 224 | 266 | 266 | 288 | 290 | |
73 | 41 | 94 | 137 | 71 | 68 | 76 | 107 | 81 | 181 | |
Total Liabilities | 287 | 275 | 325 | 433 | 430 | 429 | 480 | 514 | 560 | 715 |
30 | 27 | 25 | 24 | 23 | 22 | 20 | 19 | 16 | 16 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 1 | 1 | 1 |
257 | 248 | 300 | 409 | 407 | 407 | 456 | 494 | 543 | 698 | |
Total Assets | 287 | 275 | 325 | 433 | 430 | 429 | 480 | 514 | 560 | 715 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
26 | 18 | 22 | -15 | -34 | 11 | -35 | 22 | -36 | |
-7 | -3 | -9 | -1 | -1 | -3 | 2 | -3 | -6 | |
-18 | -14 | -15 | 32 | 19 | -8 | 31 | -19 | 41 | |
Net Cash Flow | 1 | 0 | -1 | 16 | -16 | 1 | -1 | -0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 31 | 88 | 58 | 73 | 58 | 146 | 143 | 132 | 93 |
Inventory Days | 422 | 198 | 231 | 247 | 217 | 162 | 196 | 148 | 160 |
Days Payable | 83 | 41 | 65 | 96 | 31 | 32 | 40 | 44 | 17 |
Cash Conversion Cycle | 370 | 246 | 224 | 225 | 245 | 276 | 299 | 236 | 236 |
Working Capital Days | 293 | 212 | 190 | 209 | 230 | 269 | 285 | 246 | 256 |
ROCE % | 12% | 15% | 14% | 11% | 7% | 5% | 7% | 8% |
Documents
Announcements
-
Initial Disclosure For Large Entities
20 Apr - We do not fall under the definition of large Entity.
- REGULATION 7(3) Compliance For Year Ended 31-03-2024 19 Apr
- Certificate Under Regulation 40(9) Of Securities Exchange Board Of India (LODR) Regulations, 2015. 16 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Apr
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
5 Apr - Completion of Acquisition of Green Point Pte. Ltd, Singapore based Company.
Products
The Co’s product range includes the complete range of Indian traditional Basmati rice, 1121 Basmati Rice, Pusa Basmati Rice, Sharbati Rice and wheat flour. It has recently launched spices as a new product under “Nimbark Foods”. [1]