Sat Industries Ltd

Sat Industries Ltd

₹ 111 3.26%
23 Feb - close price
About

Sat Industries Ltd (SIL) is engaged in various business activities such as manufacturing, education, leasing, finance, investments, domestic trading, and import and export through its various subsidiaries and associates. [1]

Key Points

Business Model
The Company (through itself and its subsidiaries) actively invests in start-ups which have disruptive and innovative business models. It is primarily engaged in following businesses through its subsidiaries:
Sah Polymers Ltd: Manufacturer and exporter of PP woven bags, box bags, BOPP laminated bags and Flexible Intermediate Bulk Containers.
Aeroflex Industries Ltd: Manufacturer and exporter of SS Corrugated Flexible Flow Solutions, which include stainless steel flexible hoses and assemblies.
Genext Students Pvt Ltd: Engaged in providing a hybrid tutoring platform combining private home tutoring and technology-enabled learning. [1]

  • Market Cap 1,255 Cr.
  • Current Price 111
  • High / Low 146 / 54.9
  • Stock P/E 5.51
  • Book Value 30.2
  • Dividend Yield 0.18 %
  • ROCE 4.53 %
  • ROE 3.41 %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 64.2%
  • Debtor days have improved from 52.2 to 28.9 days.

Cons

  • Stock is trading at 3.67 times its book value
  • Company has a low return on equity of 1.99% over last 3 years.
  • Earnings include an other income of Rs.265 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: Steel Industry: Steel - Medium / Small

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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
1.03 1.10 1.46 1.70 3.46 11.87 21.12 28.84 27.55 31.43 22.77 25.15 17.76
0.37 1.00 0.93 0.53 2.66 11.26 19.66 27.61 24.81 30.20 20.49 24.55 16.84
Operating Profit 0.66 0.10 0.53 1.17 0.80 0.61 1.46 1.23 2.74 1.23 2.28 0.60 0.92
OPM % 64.08% 9.09% 36.30% 68.82% 23.12% 5.14% 6.91% 4.26% 9.95% 3.91% 10.01% 2.39% 5.18%
0.00 0.00 0.01 0.37 0.00 2.24 0.32 4.03 1.87 0.31 71.45 187.05 6.00
Interest 0.01 0.01 0.01 0.01 0.01 0.01 0.44 0.52 1.41 0.51 0.00 0.54 0.61
Depreciation 0.09 0.09 0.09 0.09 0.09 0.09 0.14 0.14 0.24 0.14 0.13 0.13 0.12
Profit before tax 0.56 0.00 0.44 1.44 0.70 2.75 1.20 4.60 2.96 0.89 73.60 186.98 6.19
Tax % 17.86% 15.91% 17.36% 18.57% 15.64% 42.50% 13.26% 13.51% 8.99% 21.70% 11.87% 30.21%
0.46 -0.17 0.36 1.19 0.58 2.31 0.69 3.99 2.56 0.81 57.62 164.78 4.33
EPS in Rs 0.04 -0.02 0.03 0.11 0.05 0.20 0.06 0.35 0.23 0.07 5.10 14.57 0.38
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
19 14 14 9 48 48 52 34 21 6 19 107 97
18 17 17 12 48 46 46 29 20 4 15 102 92
Operating Profit 0 -2 -3 -3 0 2 6 5 0 2 4 5 5
OPM % 1% -15% -18% -28% 1% 5% 11% 15% 2% 30% 19% 5% 5%
0 -3 0 -11 -0 12 0 0 1 0 4 6 265
Interest 0 0 0 0 0 0 0 0 0 0 1 2 2
Depreciation 0 0 0 0 0 0 0 0 0 0 1 1 1
Profit before tax 0 -6 -2 -14 0 14 6 4 1 1 6 9 268
Tax % 0% 11% 34% 0% 171% 1% 19% 25% 40% 35% 17% 16%
0 -5 -1 -14 -0 14 4 3 1 1 5 7 228
EPS in Rs 0.01 -1.28 -0.38 -2.99 -0.05 1.39 0.42 0.31 0.05 0.08 0.45 0.66 20.12
Dividend Payout % 0% 0% 0% 0% 0% 0% 24% 32% 0% 129% 34% 30%
Compounded Sales Growth
10 Years: 22%
5 Years: 16%
3 Years: 73%
TTM: 9%
Compounded Profit Growth
10 Years: 17%
5 Years: -1%
3 Years: 306%
TTM: 2283%
Stock Price CAGR
10 Years: 51%
5 Years: 33%
3 Years: 73%
1 Year: 57%
Return on Equity
10 Years: 2%
5 Years: 2%
3 Years: 2%
Last Year: 3%

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 8 8 8 9 11 20 22 22 23 23 23 23 23
Reserves 13 12 11 -4 -2 56 69 70 84 85 93 98 319
1 0 1 3 18 0 1 1 1 0 29 35 35
3 0 0 0 37 22 14 9 10 4 65 78 53
Total Liabilities 25 20 20 8 64 98 104 102 118 113 209 233 430
0 0 0 0 2 2 4 6 6 6 8 6 6
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 17 12 12 0 22 39 39 38 53 54 53 55 57
9 8 8 8 40 57 61 58 59 53 149 172 366
Total Assets 25 20 20 8 64 98 104 102 118 113 209 233 430

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
-1 -1 -1 -1 16 -27 -12 2 -1 5 0 15
7 1 1 -0 -23 -6 -2 -2 -14 -1 1 5
-6 -1 0 4 7 36 13 -2 15 -0 -3 -5
Net Cash Flow 0 -0 0 3 -0 3 -1 -1 -1 4 -1 15

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 94 96 57 15 265 160 56 62 81 60 67 29
Inventory Days 0 0 0 0 0 0 0 0 0 3 113 15
Days Payable 75 134 29
Cash Conversion Cycle 94 96 57 15 265 160 56 62 81 -12 47 14
Working Capital Days 161 180 117 133 13 147 294 467 726 2,588 320 -20
ROCE % 0% -10% -13% -16% 2% 4% 6% 5% 0% 1% 3% 5%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
51.59% 51.59% 51.59% 51.59% 51.59% 51.59% 51.59% 51.59% 51.59% 51.59% 51.59% 51.59%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.89% 0.88% 1.97% 2.29% 0.75%
48.41% 48.41% 48.41% 48.41% 48.41% 48.41% 48.42% 47.53% 47.52% 46.44% 46.12% 47.66%
No. of Shareholders 1,5801,8402,0712,0833,3653,3613,4575,0855,8226,95816,58824,970

* 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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