Shanti Overseas (India) Ltd

Shanti Overseas (India) Ltd

₹ 15.3 -1.61%
19 Apr - close price
About

Incorporated in 2011, Shanti Overseas India Ltd is in the business of processing and trading of agri commodities and manufacturing of Soya Products[1]

Key Points

Product Profile:[1]
a) Organic Soybean Seed[2]
b) Organic Soybean Meal[3]
c) Organic Soya Crude Oil[4]
d) Organic Soybean Lecithin[5]

  • Market Cap 17.0 Cr.
  • Current Price 15.3
  • High / Low 34.4 / 14.4
  • Stock P/E
  • Book Value 13.0
  • Dividend Yield 0.00 %
  • ROCE -30.5 %
  • ROE -21.3 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.17 times its book value
  • Company's working capital requirements have reduced from 31.5 days to 18.9 days

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.29% over past five years.
  • Company has a low return on equity of -2.29% over last 3 years.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -22.9%

* 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: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
47.98 81.92 27.27 7.35 47.29 120.06 99.11 36.82 8.32 5.07 7.25 0.00 2.13
47.03 77.98 25.99 9.30 48.82 109.10 100.29 38.73 12.57 16.40 7.65 0.45 3.17
Operating Profit 0.95 3.94 1.28 -1.95 -1.53 10.96 -1.18 -1.91 -4.25 -11.33 -0.40 -0.45 -1.04
OPM % 1.98% 4.81% 4.69% -26.53% -3.24% 9.13% -1.19% -5.19% -51.08% -223.47% -5.52% -48.83%
0.04 0.07 0.00 0.06 0.02 0.18 0.02 0.29 0.03 -0.05 0.06 0.01 0.76
Interest 0.69 1.03 0.40 0.56 0.38 0.47 0.24 0.35 0.65 0.29 0.02 0.11 0.11
Depreciation 1.18 1.10 0.96 0.96 0.92 1.01 0.82 0.85 0.77 0.75 0.05 0.05 0.04
Profit before tax -0.88 1.88 -0.08 -3.41 -2.81 9.66 -2.22 -2.82 -5.64 -12.42 -0.41 -0.60 -0.43
Tax % 7.95% -3.19% 0.00% 13.78% 29.89% 16.15% 1.80% 0.71% 9.22% 44.85% -2.44% 1.67% 0.00%
-0.81 1.94 -0.08 -2.95 -1.97 8.10 -2.18 -2.79 -5.11 -6.85 -0.42 -0.59 -0.43
EPS in Rs -0.73 1.75 -0.07 -2.66 -1.77 7.29 -1.96 -2.51 -4.60 -6.17 -0.38 -0.53 -0.39
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
89.90 109.81 133.37 173.47 158.90 210.44 202.81 149.33 14.45
85.91 101.51 122.81 155.85 149.94 202.89 194.06 156.15 27.67
Operating Profit 3.99 8.30 10.56 17.62 8.96 7.55 8.75 -6.82 -13.22
OPM % 4.44% 7.56% 7.92% 10.16% 5.64% 3.59% 4.31% -4.57% -91.49%
1.12 0.83 0.10 0.36 0.12 0.13 0.26 -11.52 0.78
Interest 2.02 2.42 2.51 4.06 3.63 3.31 1.81 1.56 0.53
Depreciation 0.28 1.05 0.90 4.21 5.39 4.55 3.86 3.18 0.89
Profit before tax 2.81 5.66 7.25 9.71 0.06 -0.18 3.34 -23.08 -13.86
Tax % 33.10% 33.04% 34.62% 35.12% 350.00% 144.44% 7.78% 26.78%
1.88 3.79 4.74 6.30 -0.15 0.08 3.10 -16.90 -8.29
EPS in Rs 20.89 7.02 4.27 5.68 -0.14 0.07 2.79 -15.22 -7.47
Dividend Payout % 0.00% 0.00% 7.81% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 2%
3 Years: -2%
TTM: -95%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -319%
Stock Price CAGR
10 Years: %
5 Years: -5%
3 Years: -13%
1 Year: 0%
Return on Equity
10 Years: %
5 Years: 3%
3 Years: -2%
Last Year: -21%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.60 3.60 7.40 7.40 11.11 11.11 11.11 11.11 11.11
Reserves 4.20 4.98 15.94 21.94 18.07 18.16 21.28 4.39 3.38
26.94 24.77 47.32 51.65 41.14 32.04 14.83 1.02 0.73
3.34 2.87 9.70 8.54 4.86 9.36 2.25 1.65 0.60
Total Liabilities 35.08 36.22 80.36 89.53 75.18 70.67 49.47 18.17 15.82
6.05 6.88 18.93 37.92 33.97 29.89 26.49 1.15 0.72
CWIP 0.00 0.50 9.52 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
29.03 28.84 51.91 51.61 41.21 40.78 22.98 17.02 15.10
Total Assets 35.08 36.22 80.36 89.53 75.18 70.67 49.47 18.17 15.82

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
7.44 -7.46 17.26 14.08 13.45 16.94 2.95
-2.30 -21.89 -13.61 -1.35 -0.39 -0.36 11.05
-4.47 29.45 -3.73 -12.77 -12.71 -16.29 -14.24
Net Cash Flow 0.66 0.10 -0.08 -0.04 0.34 0.29 -0.24

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 46.45 44.97 41.74 62.85 24.21 24.63 12.20 15.55
Inventory Days 65.11 38.50 77.84 16.01 43.93 27.20 16.03 0.60
Days Payable 9.23 0.77 18.92 9.70 7.93 15.81 1.45 1.63
Cash Conversion Cycle 102.32 82.70 100.66 69.17 60.21 36.02 26.79 14.52
Working Capital Days 97.16 78.68 103.67 77.37 70.98 44.59 31.08 18.94
ROCE % 24.83% 18.77% 18.16% 4.88% 4.76% 9.45% -30.47%

Shareholding Pattern

Numbers in percentages

31 Recently
Mar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.96% 74.96% 74.96% 52.39% 52.39% 52.39% 52.39% 52.39% 52.39% 52.12% 52.09% 52.09%
25.04% 25.04% 25.04% 47.61% 47.61% 47.61% 47.61% 47.61% 47.61% 47.88% 47.91% 47.91%
No. of Shareholders 2083386559061,4461,6111,7681,8242,3252,7363,0845,027

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