SEPC Ltd
SEPC (Shriram EPC Ltd till February 2021) was incorporated in June 2000. The company became majority owned by Mark AB since September 2022 post infusion of Rs 350 crore. SEPC specialises in executing EPC contracts, providing integrated solutions encompassing design, engineering, procurement, construction and project management services in water, process and process and metallurgy, and infrastructure segments.[1]
- Market Cap ₹ 2,827 Cr.
- Current Price ₹ 20.0
- High / Low ₹ 27.7 / 7.38
- Stock P/E
- Book Value ₹ 8.14
- Dividend Yield 0.00 %
- ROCE -2.62 %
- ROE -12.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.79%
- The company has delivered a poor sales growth of -14.5% over past five years.
- Promoter holding is low: 27.0%
- Company has a low return on equity of -17.0% over last 3 years.
- Earnings include an other income of Rs.40.2 Cr.
- Company has high debtors of 281 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
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,862 | 1,906 | 495 | 548 | 548 | 744 | 829 | 1,202 | 1,208 | 583 | 329 | 379 | 555 | |
1,614 | 1,652 | 753 | 615 | 519 | 736 | 813 | 1,139 | 1,149 | 641 | 366 | 435 | 523 | |
Operating Profit | 248 | 253 | -258 | -67 | 28 | 8 | 16 | 63 | 59 | -58 | -36 | -56 | 32 |
OPM % | 13% | 13% | -52% | -12% | 5% | 1% | 2% | 5% | 5% | -10% | -11% | -15% | 6% |
26 | 10 | 67 | 121 | 46 | 83 | 105 | 70 | -15 | 12 | -53 | 155 | 40 | |
Interest | 227 | 448 | 231 | 301 | 272 | 298 | 104 | 95 | 115 | 126 | 125 | 67 | 41 |
Depreciation | 20 | 23 | 4 | 6 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 5 |
Profit before tax | 28 | -208 | -426 | -253 | -204 | -213 | 11 | 31 | -77 | -178 | -221 | 25 | 26 |
Tax % | 54% | 21% | -3% | -0% | -0% | 35% | 118% | 3% | -0% | -1% | -19% | 119% | |
42 | -269 | -506 | -266 | -204 | -137 | -2 | 31 | -77 | -179 | -264 | -5 | -4 | |
EPS in Rs | 8.78 | -56.83 | -107.04 | -28.81 | -5.79 | -1.38 | -0.02 | 0.30 | -0.75 | -1.73 | -2.54 | -0.03 | -0.03 |
Dividend Payout % | 13% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -14% |
3 Years: | -32% |
TTM: | 69% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 98% |
Stock Price CAGR | |
---|---|
10 Years: | -6% |
5 Years: | 20% |
3 Years: | 73% |
1 Year: | 90% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -9% |
3 Years: | -17% |
Last Year: | -12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Jun 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 | 44 | 44 | 44 | 86 | 331 | 937 | 972 | 972 | 972 | 972 | 972 | 1,322 | 1,371 |
Reserves | 688 | 238 | -268 | -365 | 125 | 204 | 258 | 288 | 212 | 32 | -234 | -235 | -224 |
Preference Capital | -0 | -0 | 300 | 300 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
2,054 | 1,578 | 1,723 | 2,122 | 1,967 | 841 | 800 | 657 | 684 | 836 | 981 | 409 | 422 | |
1,140 | 623 | 887 | 784 | 528 | 883 | 1,121 | 1,055 | 735 | 577 | 505 | 506 | 539 | |
Total Liabilities | 3,927 | 2,484 | 2,387 | 2,627 | 2,951 | 2,865 | 3,151 | 2,971 | 2,603 | 2,416 | 2,223 | 2,002 | 2,108 |
218 | 45 | 43 | 41 | 55 | 61 | 56 | 55 | 51 | 45 | 41 | 36 | 34 | |
CWIP | 5 | 9 | 27 | 29 | 10 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 |
Investments | 416 | 282 | 17 | 5 | 5 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
3,288 | 2,148 | 2,300 | 2,552 | 2,880 | 2,803 | 3,094 | 2,915 | 2,551 | 2,370 | 2,182 | 1,965 | 2,074 | |
Total Assets | 3,927 | 2,484 | 2,387 | 2,627 | 2,951 | 2,865 | 3,151 | 2,971 | 2,603 | 2,416 | 2,223 | 2,002 | 2,108 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-511 | 700 | -376 | -299 | 12 | 28 | 302 | -7 | -50 | -72 | 21 | ||
-22 | -148 | 167 | 22 | -6 | 21 | -38 | 40 | 21 | 1 | 12 | ||
469 | -880 | 218 | 306 | 35 | -81 | -257 | -52 | 25 | 68 | -6 | ||
Net Cash Flow | -63 | -327 | 8 | 29 | 42 | -32 | 7 | -19 | -4 | -3 | 27 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 279 | 112 | 181 | 168 | 194 | 237 | 160 | 147 | 145 | 252 | 413 | 281 |
Inventory Days | 435 | 861 | 195 | 679 | 421 | |||||||
Days Payable | 684 | 1,089 | 519 | 1,895 | 1,894 | |||||||
Cash Conversion Cycle | 29 | -116 | -142 | -1,048 | -1,280 | 237 | 160 | 147 | 145 | 252 | 413 | 281 |
Working Capital Days | 323 | 239 | 292 | 404 | 642 | 429 | 228 | 307 | 313 | 611 | 1,057 | 756 |
ROCE % | 11% | 13% | 2% | 6% | 4% | 6% | 7% | 5% | -2% | -2% | -3% |
Documents
Announcements
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Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015.
1d - In pursuance to Regulation 7(3) of SEBI (LODR) Regulations, 2015, we herewith enclose the Compliance Certificate duly signed by the Company Secretary of the Company …
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Apr - In pursuance to Regulation 74(5) of SEBI (Depository Participants) Regulations, 2018, we herewith enclose the certificate received from Ms. Cameo Corporate Services Limited (RTA)
- Intimation On The Outcome Of Meeting Of The Rights Issue Committee Under Regulation 30 Of The SEBI (LODR) Regulations, 2015. 17 Apr
- Intimation Regarding Award Of Authorisation Letter To Setup 2Nd Generation Compressed Biogas (2G CBG) Plants Based On Primove''s Patented Agrogaz Technology And To Canvass Business For The Same In India. 15 Apr
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 13 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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