Synergy Green Industries Ltd
Incorporated in 2010, Synergy Green Industries Ltd is into manufacturing of SG & CI Castings.[1]
- Market Cap ₹ 506 Cr.
- Current Price ₹ 358
- High / Low ₹ 436 / 124
- Stock P/E 43.1
- Book Value ₹ 29.0
- Dividend Yield 0.00 %
- ROCE 12.5 %
- ROE 2.22 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 40.8 to 27.8 days.
Cons
- Stock is trading at 12.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.22% over last 3 years.
- Company's cost of borrowing seems high
* 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: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
0 | 0 | 103 | 165 | 208 | 199 | 284 | 290 | 329 | |
0 | 0 | 86 | 145 | 185 | 174 | 260 | 263 | 289 | |
Operating Profit | 0 | 0 | 16 | 20 | 22 | 24 | 24 | 26 | 40 |
OPM % | 16% | 12% | 11% | 12% | 8% | 9% | 12% | ||
0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | |
Interest | 0 | 0 | 7 | 9 | 10 | 11 | 12 | 14 | 13 |
Depreciation | 0 | 0 | 6 | 7 | 7 | 8 | 11 | 12 | 12 |
Profit before tax | 0 | 0 | 3 | 5 | 6 | 5 | 3 | 1 | 16 |
Tax % | -60% | 12% | 47% | 39% | 53% | -25% | |||
0 | 0 | 5 | 5 | 3 | 3 | 1 | 1 | 12 | |
EPS in Rs | 0.00 | 0.00 | 4.50 | 3.22 | 2.36 | 2.25 | 1.01 | 0.62 | 8.31 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 12% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -30% |
3 Years: | -38% |
TTM: | 1934% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 32% |
3 Years: | 58% |
1 Year: | 175% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 5% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 5 | 10 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 2 | 2 | -12 | 13 | 17 | 19 | 20 | 21 | 27 |
Preference Capital | 0 | 7 | 11 | 11 | 11 | 11 | 11 | 11 | |
0 | 25 | 42 | 51 | 48 | 65 | 72 | 73 | 77 | |
0 | 10 | 68 | 66 | 67 | 77 | 88 | 74 | 72 | |
Total Liabilities | 2 | 42 | 108 | 145 | 146 | 175 | 194 | 182 | 190 |
0 | 2 | 33 | 33 | 58 | 63 | 76 | 69 | 72 | |
CWIP | 0 | 37 | 0 | 4 | 1 | 3 | 7 | 11 | 7 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
2 | 3 | 75 | 107 | 88 | 109 | 111 | 102 | 111 | |
Total Assets | 2 | 42 | 108 | 145 | 146 | 175 | 194 | 182 | 190 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
0 | 0 | 15 | 11 | 26 | 11 | 28 | 26 | |
-2 | -36 | -6 | -23 | -16 | -18 | -25 | -14 | |
2 | 36 | -9 | 12 | -8 | 7 | -5 | -12 | |
Net Cash Flow | 0 | -0 | -0 | 0 | 2 | 0 | -2 | 0 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 64 | 65 | 29 | 53 | 42 | 28 | ||
Inventory Days | 557 | 314 | 215 | 278 | 189 | 186 | ||
Days Payable | 736 | 337 | 226 | 296 | 202 | 154 | ||
Cash Conversion Cycle | -116 | 42 | 18 | 35 | 29 | 61 | ||
Working Capital Days | 11 | 53 | 28 | 64 | 43 | 46 | ||
ROCE % | 0% | 20% | 18% | 17% | 13% | 12% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 21 Apr
- PCS Certificate Under Reg.40(10) Of SEBI (LODR) Reg.2015 For Transfer And Transmission. 12 Apr
- Compliance Certificate Pursuant To Regulation 7 (3) Of SEBI (LODR) Regulations, 2015. 10 Apr
- Disclosure Under Reg.30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015. 4 Apr
- Cancellation of Board Meeting 3 Apr
Business Overview:[1][2]
SGIL is a part of the Shirgaokar Brothers Group whose major business activities include, Sugar, Foundry products and heavy engineering products. It holds 38% shareholding in SGIL. Company is an associate concern of SB Reshellers Pvt Ltd. It primarily manufactures iron castings for wind turbines