Shankara Building Products Ltd // Iron & Steel Products

Pros:
Cons:
The company has delivered a poor growth of 7.61% over past five years.

Peer Comparison

S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE %
1. Jindal Stain .Hi 103.15 6.24 2433.67 0.00 79.39 8.84 2133.16 -3.84 23.73
2. APL Apollo 1365.10 19.27 3239.36 1.03 46.99 20.95 1676.53 45.08 22.41
3. Mishra Dhatu Nig 116.35 16.64 2179.70 1.80 12.82 56.53 106.01 20.80 24.99
4. Srikalahas. Pip. 181.85 6.62 849.21 3.30 17.29 -52.55 296.24 -31.59 16.42
5. Technocraf.Inds. 580.85 12.25 1420.86 0.00 27.94 35.96 274.04 28.10 17.05
6. Shankara Build. 1077.70 32.38 2462.47 0.30 19.46 13.01 785.22 32.72 24.64
7. Gandhi Spl. Tube 360.40 13.83 498.02 2.50 11.30 27.68 37.55 33.92 24.70

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018
570.82 566.88 602.12 540.75 600.39 591.62 571.62 624.62 760.81 785.22
529.39 533.79 564.76 504.58 555.46 552.48 530.49 583.78 706.72 736.41
Operating Profit 41.43 33.09 37.36 36.17 44.93 39.14 41.13 40.84 54.09 48.81
OPM % 7.26% 5.84% 6.20% 6.69% 7.48% 6.62% 7.20% 6.54% 7.11% 6.22%
Other Income 0.13 0.28 0.07 0.12 0.22 0.09 0.18 0.23 0.14 0.21
Depreciation 2.65 2.55 3.12 2.83 2.91 2.86 3.11 3.30 4.31 4.50
Interest 11.61 11.85 12.89 13.11 12.76 9.81 11.80 11.00 13.74 13.87
Profit before tax 27.30 18.96 21.42 20.35 29.48 26.57 26.39 26.77 36.17 30.65
Tax 10.13 5.99 7.89 6.66 10.89 9.34 9.07 9.12 14.57 11.19
Net Profit 17.17 12.97 13.53 13.69 18.59 17.22 17.32 17.65 21.61 19.46

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
1,412 1,766 1,927 1,979 2,036 2,310 2,549 2,742
1,342 1,679 1,839 1,889 1,916 2,159 2,373 2,557
Operating Profit 70 87 89 90 120 152 175 185
OPM % 5% 5% 5% 5% 6% 7% 7% 7%
Other Income 0 0 1 1 1 1 1 1
Interest 23 35 42 47 46 51 46 50
Depreciation 3 5 6 9 10 11 14 15
Profit before tax 45 48 42 35 65 90 116 120
Tax % 31% 33% 32% 35% 37% 35% 36%
Net Profit 30 32 29 23 41 59 74 76
EPS in Rs 32.29
Dividend Payout % 7% 7% 8% 10% 8% 11% 10%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:%
5 Years:7.61%
3 Years:8.80%
TTM:17.45%
Compounded Profit Growth
10 Years:%
5 Years:18.32%
3 Years:47.94%
TTM:20.64%
Return on Equity
10 Years:%
5 Years:15.04%
3 Years:16.74%
TTM:17.45%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
20 21 22 22 22 23 23
Reserves 141 179 211 231 269 367 433
Borrowings 222 275 284 293 223 223 248
96 134 160 180 286 331 513
Total Liabilities 480 610 677 726 799 945 1,216
109 138 175 205 233 259 297
CWIP 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0
371 472 502 522 566 686 919
Total Assets 480 610 677 726 799 945 1,216

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
-44 9 64 80 159 106 41
-51 -33 -38 -40 -38 -37 -75
94 23 -26 -40 -122 -69 34
Net Cash Flow -1 -1 1 -0 0 0 -1