SBC Exports Ltd
SBC Exports Ltd was incorporated in 2011. It is engaged in the Trading and Manufacturing of Garments, Manpower Supply Services & Tour Operator Services. Currently, co. has 70 distributors in India, receives an average of 75 new projects every year. Mr Govindji Gupta is the MD of the co. [1] [2] [3]
- Market Cap ₹ 848 Cr.
- Current Price ₹ 26.8
- High / Low ₹ 33.9 / 12.4
- Stock P/E 67.3
- Book Value ₹ 1.34
- Dividend Yield 0.12 %
- ROCE 23.8 %
- ROE 22.4 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 19.9 times its book value
- Promoter holding has decreased over last quarter: -1.19%
* 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: Textiles Industry: Textiles - Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|
130 | 206 | 222 | 208 | |
126 | 198 | 212 | 192 | |
Operating Profit | 4 | 8 | 11 | 16 |
OPM % | 3% | 4% | 5% | 8% |
0 | 0 | 2 | 3 | |
Interest | 1 | 2 | 2 | 5 |
Depreciation | 1 | 1 | 1 | 2 |
Profit before tax | 3 | 6 | 9 | 13 |
Tax % | 28% | 39% | 26% | |
2 | 3 | 7 | 13 | |
EPS in Rs | 0.06 | 0.11 | 0.22 | 0.39 |
Dividend Payout % | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 63% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 169% |
1 Year: | 94% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|
Equity Capital | 11 | 21 | 21 | 21 |
Reserves | 12 | 5 | 14 | 22 |
0 | 9 | 27 | 0 | |
54 | 61 | 54 | 84 | |
Total Liabilities | 76 | 97 | 115 | 127 |
4 | 6 | 8 | 8 | |
CWIP | 0 | 0 | 0 | 0 |
Investments | 0 | 2 | 4 | 0 |
72 | 89 | 103 | 118 | |
Total Assets | 76 | 97 | 115 | 127 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
4 | -11 | ||
-4 | -6 | ||
0 | 17 | ||
Net Cash Flow | 1 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
Debtor Days | 85 | 86 | 92 |
Inventory Days | 95 | 50 | 57 |
Days Payable | 113 | 75 | 65 |
Cash Conversion Cycle | 67 | 62 | 83 |
Working Capital Days | 54 | 37 | 70 |
ROCE % | 24% |
Documents
Announcements
-
Acquisition Of Land - For Upcoming New Export Unit.
12 Apr - Company has acquired a Land worth Rs. 18,00,00,000 for the upcoming new Export Unit.
- Compliance Certificate Under Regulation 40(9) & 40(10) Of SEBI (LODR) Regulations, 2015 8 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Confirmation Certificate from RTA under Regulation 74(5) of SEBi (DP) Regulations, 2018.
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) 2015, For Year Ending 31.03.2024 5 Apr
- Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Mar
Business Overview
SBC Exports Limited is engaged in the Trading and Manufacturing of Garments, Manpower Supply Services & Tour Operator Services. Earlier it was engaged in the Trading of handmade carpets, cushion covers, cotton quilts and bedspreads etc. It entered into Business of Information Technology and Manpower Supply Services in 2017 and Tour and Travel Services in 2018. It is working as a Tour & Travel Booking engine via Maujitrip.Com .[1]
Business Segment
Textiles, Garments (~53% in 9M FY24 vs 51% in FY23) - Co. is engaged in the production of Hosiery Fabrics & Hosiery Garments for Ladies, Mens’ and Kids, which are sold under the brand name of “SBC DESIGN+”, “SBC F-ROUTE”, “IEDEE”. It is also into Home Furnishings which includes handmade carpets, cushion covers, cotton quilts, and bedspreads, etc. It has 2 processing units in UP.