SBC Exports Ltd
Incorporated in 2011, SBC Exports
Ltd does trading and Manufacturing
of Garments, Manpower Supply and
Services & Tour Operator Services[1]
- Market Cap ₹ 703 Cr.
- Current Price ₹ 14.8
- High / Low ₹ 25.3 / 11.0
- Stock P/E 58.3
- Book Value ₹ 1.14
- Dividend Yield 0.23 %
- ROCE 17.0 %
- ROE 24.5 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 55.6% CAGR over last 5 years
- Company's median sales growth is 25.0% of last 10 years
Cons
- Stock is trading at 12.9 times its book value
- Promoter holding has decreased over last quarter: -6.39%
- Company might be capitalizing the interest cost
- Promoters have pledged 30.9% of their holding.
- Earnings include an other income of Rs.8.70 Cr.
- Working capital days have increased from 127 days to 207 days
* 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
Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 16 | 21 | 29 | 64 | 80 | 109 | 192 | 205 | 214 | 193 | 232 | |
10 | 16 | 21 | 28 | 62 | 77 | 105 | 188 | 197 | 204 | 176 | 215 | |
Operating Profit | 0 | 0 | 0 | 1 | 2 | 3 | 4 | 4 | 8 | 11 | 17 | 17 |
OPM % | 1% | 0% | 1% | 2% | 2% | 3% | 4% | 2% | 4% | 5% | 9% | 7% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 4 | 9 | |
Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 | 7 | 7 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 3 | 6 | 9 | 13 | 17 |
Tax % | 33% | 33% | 30% | 35% | 33% | 27% | 34% | 28% | 39% | 26% | 27% | 28% |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 7 | 9 | 12 | |
EPS in Rs | 0.03 | 0.07 | 0.12 | 0.55 | 1.42 | 0.04 | 0.03 | 0.04 | 0.07 | 0.14 | 0.20 | 0.25 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 16% | 17% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 30% |
5 Years: | 16% |
3 Years: | 4% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | 77% |
5 Years: | 56% |
3 Years: | 52% |
TTM: | 28% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 93% |
3 Years: | 82% |
1 Year: | -22% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 24% |
Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 8 | 11 | 11 | 21 | 21 | 32 | 48 |
Reserves | 0 | 0 | 0 | 0 | 1 | 5 | 10 | 12 | 5 | 13 | 12 | 7 |
0 | 0 | 0 | 1 | 3 | 13 | 7 | 9 | 9 | 27 | 53 | 130 | |
1 | 6 | 4 | 8 | 15 | 14 | 25 | 45 | 61 | 53 | 87 | 72 | |
Total Liabilities | 1 | 6 | 5 | 9 | 19 | 40 | 53 | 76 | 97 | 114 | 184 | 256 |
0 | 0 | 0 | 0 | 1 | 3 | 4 | 4 | 6 | 8 | 23 | 24 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 5 | 14 | 0 |
1 | 6 | 4 | 9 | 18 | 37 | 48 | 71 | 88 | 102 | 146 | 229 | |
Total Assets | 1 | 6 | 5 | 9 | 19 | 40 | 53 | 76 | 97 | 114 | 184 | 256 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 1 | 0 | 0 | -18 | 4 | -2 | 5 | -12 | 3 | -65 | |
0 | 0 | -0 | -0 | -1 | -3 | -2 | -1 | -4 | -5 | -27 | -3 | |
0 | 0 | 0 | 0 | 1 | 21 | -0 | 2 | 0 | 17 | 25 | 76 | |
Net Cash Flow | 0 | 0 | 0 | 0 | 1 | 0 | 2 | -1 | 1 | 1 | 0 | 8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 16 | 114 | 44 | 51 | 42 | 82 | 74 | 57 | 87 | 95 | 172 | 133 |
Inventory Days | 23 | 11 | 26 | 46 | 46 | 41 | 41 | 62 | 50 | 59 | 84 | 168 |
Days Payable | 29 | 133 | 66 | 100 | 85 | 66 | 86 | 74 | 75 | 67 | 151 | 96 |
Cash Conversion Cycle | 10 | -8 | 3 | -3 | 3 | 57 | 29 | 46 | 62 | 87 | 105 | 206 |
Working Capital Days | 12 | 2 | -3 | 1 | 10 | 98 | 65 | 45 | 36 | 73 | 100 | 207 |
ROCE % | 15% | 19% | 33% | 58% | 56% | 17% | 12% | 14% | 22% | 24% | 25% | 17% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report filed for FY ended March 31, 2025 as per SEBI regulations.
-
Announcement under Regulation 30 (LODR)-Change in Management
22 May - Board approved MD re-appointment; subsidiary Mauji Trip IPO planned; expanding e-commerce partnerships including Amazon.
- Result- Financial Results 31-03-2025 21 May
-
Announcement Of Outcome Of Board Meeting
21 May - Approved FY25 audited results; MD re-appointed; subsidiary IPO proposed; tie-ups with Amazon, Flipkart, Myntra, Meesho.
-
Board Meeting Outcome for Outcome Of Board Meeting And Submission Of Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended On March 31, 2025
21 May - Audited Q4 and FY25 standalone and consolidated financial results approved by board on May 21, 2025.
Annual reports
Concalls
-
Aug 2024TranscriptNotesPPT
Business Overview:[1]
SBC started as a trader of handmade carpets & other handicraft items in Mirzapur. Company has established integrated facilities which includes dyeing, printing, stitching & packaging.
Besides IT & Garmenting, company has diversified in fast growing Travels Services
by setting up a wholly owned subsidiary viz.
M/s Mauji Trip Limited.