Shankara Building Products Ltd
Shankara Building Products is one of the India's leading organized retailers of home improvement and building products in India. It caters to a large customer base spread across various end-user segments in urban and semi-urban markets through a retail led, multi-channel sales approach complemented by processing facilities, supply chain and logistics facilities. It deals with a number of product categories including structural steel, cement, TMT bars, hollow blocks, pipes and tubes, roofing solutions, welding accessories, primers, solar heaters, plumbing materials, tiles, sanitary ware, water tanks, plywood, kitchen sinks, lighting and other allied products.
- Market Cap ₹ 1,032 Cr.
- Current Price ₹ 452
- High / Low ₹ 518 / 214
- Stock P/E 73.4
- Book Value ₹ 214
- Dividend Yield 0.44 %
- ROCE 13.3 %
- ROE 8.12 %
- Face Value ₹ 10.0
Pros
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Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.93% over past five years.
- Company has a low return on equity of 10.54% for last 3 years.
- Dividend payout has been low at 10.66% of profits over last 3 years
- Company's cost of borrowing seems high
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
761 | 785 | 644 | 580 | 598 | 639 | 633 | 700 | 667 | 346 | 488 | 562 | |
707 | 736 | 613 | 560 | 583 | 610 | 606 | 669 | 640 | 356 | 469 | 526 | |
Operating Profit | 54 | 49 | 31 | 20 | 15 | 30 | 27 | 31 | 27 | -10 | 19 | 36 |
OPM % | 7% | 6% | 5% | 3% | 2% | 5% | 4% | 4% | 4% | -3% | 4% | 6% |
Other Income | 0 | 0 | 2 | 0 | 2 | 1 | 1 | 1 | 3 | 1 | 2 | 2 |
Interest | 14 | 14 | 15 | 13 | 10 | 11 | 11 | 10 | 11 | 9 | 8 | 8 |
Depreciation | 4 | 4 | 5 | 4 | 4 | 9 | 6 | 7 | 5 | 7 | 7 | 6 |
Profit before tax | 36 | 31 | 13 | 4 | 3 | 10 | 11 | 15 | 15 | -25 | 5 | 24 |
Tax % | 40% | 37% | 29% | 24% | 39% | 34% | 4% | 22% | 26% | 1% | -15% | 11% |
Net Profit | 22 | 19 | 9 | 3 | 2 | 7 | 10 | 12 | 11 | -25 | 6 | 22 |
EPS in Rs | 9.46 | 8.52 | 3.99 | 1.26 | 0.71 | 2.96 | 4.49 | 5.05 | 4.95 | -11.07 | 2.74 | 9.55 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
1,412 | 1,766 | 1,927 | 1,979 | 2,036 | 2,310 | 2,549 | 2,546 | 2,640 | 2,063 | |
1,342 | 1,679 | 1,838 | 1,889 | 1,916 | 2,159 | 2,373 | 2,447 | 2,525 | 1,992 | |
Operating Profit | 70 | 87 | 89 | 90 | 120 | 152 | 175 | 99 | 115 | 72 |
OPM % | 5% | 5% | 5% | 5% | 6% | 7% | 7% | 4% | 4% | 3% |
Other Income | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 9 | 5 | 8 |
Interest | 23 | 35 | 42 | 47 | 46 | 51 | 46 | 47 | 43 | 36 |
Depreciation | 3 | 5 | 6 | 9 | 10 | 11 | 14 | 15 | 25 | 24 |
Profit before tax | 45 | 48 | 42 | 35 | 65 | 90 | 116 | 46 | 51 | 20 |
Tax % | 31% | 33% | 32% | 35% | 37% | 35% | 36% | 29% | 22% | |
Net Profit | 30 | 32 | 29 | 23 | 41 | 59 | 74 | 33 | 40 | 14 |
EPS in Rs | 14.71 | 15.03 | 13.13 | 10.32 | 18.62 | 25.72 | 32.29 | 14.33 | 17.45 | 6.17 |
Dividend Payout % | 7% | 7% | 8% | 10% | 8% | 11% | 10% | 10% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 5% |
TTM: | -20% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | -12% |
TTM: | -53% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -38% |
1 Year: | 1% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 11% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
20 | 21 | 22 | 22 | 22 | 23 | 23 | 23 | 23 | 23 | |
Reserves | 141 | 179 | 211 | 231 | 269 | 367 | 433 | 456 | 485 | 466 |
Borrowings | 222 | 275 | 284 | 293 | 223 | 223 | 248 | 197 | 241 | 217 |
96 | 134 | 158 | 179 | 285 | 329 | 509 | 435 | 427 | 168 | |
Total Liabilities | 480 | 609 | 676 | 725 | 799 | 942 | 1,213 | 1,112 | 1,175 | 874 |
109 | 138 | 175 | 205 | 233 | 259 | 297 | 253 | 282 | 265 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 2 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
370 | 472 | 501 | 521 | 566 | 683 | 916 | 855 | 892 | 607 | |
Total Assets | 480 | 609 | 676 | 725 | 799 | 942 | 1,213 | 1,112 | 1,175 | 874 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|
-44 | 9 | 64 | 80 | 159 | 106 | 40 | 171 | -30 | |
-51 | -33 | -38 | -40 | -38 | -37 | -74 | -48 | 55 | |
94 | 23 | -26 | -40 | -122 | -69 | 34 | -115 | -21 | |
Net Cash Flow | -1 | -1 | 1 | -0 | 0 | 0 | -1 | 8 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|
ROCE % | 19% | 17% | 15% | 21% | 25% | 25% | 13% | 13% | |
Debtor Days | 56 | 54 | 47 | 48 | 50 | 49 | 61 | 48 | 59 |
Inventory Turnover | 10.16 | 8.59 | 7.80 | 7.29 | 7.44 | 6.37 | 5.81 | 6.14 |
Documents
Add documentRecent announcements
- Movement In Price 19 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1 Feb
- Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Jan
- Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015. 29 Jan
- Announcement under Regulation 30 (LODR)-Investor Presentation 29 Jan
View all