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 ₹ 2,301 Cr.
- Current Price ₹ 48.3
- High / Low ₹ 49.4 / 20.7
- Stock P/E 60.2
- Book Value ₹ 1.68
- Dividend Yield 0.00 %
- ROCE 18.2 %
- ROE 37.2 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 68.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.8%
Cons
- Stock is trading at 28.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Promoters have pledged 40.0% of their holding.
- Earnings include an other income of Rs.17.1 Cr.
- Promoter holding has decreased over last 3 years: -15.5%
* 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
Part of BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 130 | 206 | 222 | 212 | 299 | 403 | 452 | |
| 126 | 198 | 212 | 195 | 280 | 370 | 411 | |
| Operating Profit | 4 | 8 | 11 | 17 | 19 | 33 | 41 |
| OPM % | 3.2% | 3.8% | 4.8% | 8% | 6% | 8% | 9% |
| 0 | 0 | 2 | 4 | 9 | 14 | 17 | |
| Interest | 1 | 2 | 2 | 7 | 8 | 11 | 13 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 3 | 6 | 9 | 13 | 18 | 34 | 44 |
| Tax % | 28% | 39% | 26% | 28% | 27% | 26% | |
| 2 | 3 | 7 | 9 | 13 | 25 | 38 | |
| EPS in Rs | 0.04 | 0.07 | 0.15 | 0.19 | 0.28 | 0.53 | 0.81 |
| Dividend Payout % | 0% | 0% | 15% | 17% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 22% |
| TTM: | 47% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 69% |
| 3 Years: | 54% |
| TTM: | 144% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 119% |
| 3 Years: | 74% |
| 1 Year: | 121% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 30% |
| Last Year: | 37% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 11 | 21 | 21 | 32 | 48 | 48 |
| Reserves | 12 | 5 | 13 | 12 | 8 | 33 |
| 0 | 9 | 27 | 53 | 136 | 227 | |
| 54 | 61 | 54 | 88 | 80 | 129 | |
| Total Liabilities | 76 | 97 | 115 | 185 | 271 | 437 |
| 4 | 6 | 8 | 23 | 25 | 26 | |
| CWIP | 0 | 0 | 0 | 1 | 3 | 15 |
| Investments | 0 | 2 | 4 | 6 | 5 | 0 |
| 72 | 89 | 102 | 155 | 237 | 396 | |
| Total Assets | 76 | 97 | 115 | 185 | 271 | 437 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 4 | -11 | -5 | -69 | -72 | ||
| -4 | -6 | -20 | -5 | -13 | ||
| 0 | 17 | 25 | 82 | 91 | ||
| Net Cash Flow | 1 | 1 | 0 | 8 | 5 | |
| Free Cash Flow | 2 | -15 | -22 | -76 | -86 | |
| CFO/OP | 87% | -78% | -7% | -344% | -189% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 85 | 86 | 92 | 148 | 101 | 123 |
| Inventory Days | 95 | 50 | 57 | 76 | 125 | 112 |
| Days Payable | 113 | 75 | 65 | 136 | 74 | 92 |
| Cash Conversion Cycle | 67 | 62 | 83 | 87 | 152 | 143 |
| Working Capital Days | 54 | 28 | 36 | 48 | 43 | 46 |
| ROCE % | 25% | 24% | 25% | 17% | 18% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Aug 2024 | |
|---|---|---|---|---|---|
| Garment Segment Revenue Share % of total revenue |
|
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| IT & Manpower Supply Segment Revenue Share % of total revenue |
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| Tours & Travels Segment Revenue Share % of total revenue |
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| Total Permanent Employees count ・Standalone data |
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| Garment Manufacturing Capacity pieces per month ・Standalone data |
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| Number of Distributors count ・Standalone data |
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| Number of Retailers count ・Standalone data |
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| Number of SKUs count ・Standalone data |
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Extracted by Screener AI
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.