Shree Rama Multi-Tech Ltd

About

Shree Rama Multi-Tech Limited is engaged in manufacturing laminated tubes and laminates.

  • Market Cap 43.8 Cr.
  • Current Price 6.90
  • High / Low 9.98 / 3.20
  • Stock P/E 3.12
  • Book Value 4.93
  • Dividend Yield 0.00 %
  • ROCE 7.91 %
  • ROE 75.9 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 30.97% CAGR over last 5 years
  • Debtor days have improved from 67.25 to 51.66 days.

Cons

  • The company has delivered a poor growth of 3.96% over past five years.
  • Contingent liabilities of Rs.177.43 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.5.50 Cr.

Peer comparison

Sector: Packaging Industry: Packaging

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
28.70 31.21 32.22 24.98 27.71 31.53 33.10 36.06 35.23 29.35 30.17 26.58
25.72 27.64 30.60 24.16 26.51 29.29 29.26 31.24 30.19 26.07 26.16 24.42
Operating Profit 2.98 3.57 1.62 0.82 1.20 2.24 3.84 4.82 5.04 3.28 4.01 2.16
OPM % 10.38% 11.44% 5.03% 3.28% 4.33% 7.10% 11.60% 13.37% 14.31% 11.18% 13.29% 8.13%
Other Income 0.18 0.21 0.09 0.07 0.02 0.01 0.23 0.05 11.94 -4.68 -1.81 0.05
Interest 1.10 1.02 1.04 0.92 0.91 0.92 1.09 1.12 0.84 0.67 0.34 0.35
Depreciation 2.06 2.79 2.74 2.15 2.36 2.26 2.25 2.18 2.13 2.09 2.56 1.84
Profit before tax 0.00 -0.03 -2.07 -2.18 -2.05 -0.93 0.73 1.57 14.01 -4.16 -0.70 0.02
Tax % 1,366.67% 16.91% 104.59% 11.22% 31.18% 189.04% -8.92% -1.00% 5.77% 1,402.86% 0.00%
Net Profit -1.29 0.38 -1.73 0.10 -1.82 -0.65 -0.66 1.71 14.15 -3.93 9.12 0.02
EPS in Rs -0.20 0.06 -0.27 0.02 -0.29 -0.10 -0.10 0.27 2.23 -0.62 1.44 0.00
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
67 429 96 72 85 105 108 107 121 122 117 131 121
50 436 82 64 78 93 99 92 107 112 109 122 107
Operating Profit 17 -7 14 9 7 12 9 15 14 11 8 9 14
OPM % 25% -2% 15% 12% 8% 11% 8% 14% 12% 9% 7% 7% 12%
Other Income 3 85 17 11 -8 56 3 15 1 1 0 14 5
Interest 8 2 1 2 5 6 6 7 7 5 4 3 2
Depreciation 26 18 23 24 22 21 16 14 12 11 9 9 9
Profit before tax -15 58 7 -6 -28 40 -11 9 -4 -4 -4 11 9
Tax % 22% -8% -179% 107% 29% 17% 24% -20% 40% 37% 32% -97%
Net Profit -11 62 19 0 -20 33 -8 11 -2 -3 -3 21 19
EPS in Rs 2.96 0.06 -3.14 5.25 -1.29 1.73 -0.34 -0.40 -0.48 3.32 3.05
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years:-11%
5 Years:4%
3 Years:3%
TTM:-6%
Compounded Profit Growth
10 Years:14%
5 Years:31%
3 Years:109%
TTM:1088%
Stock Price CAGR
10 Years:-1%
5 Years:12%
3 Years:-21%
1 Year:97%
Return on Equity
10 Years:%
5 Years:9%
3 Years:23%
Last Year:76%

Balance Sheet

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
38 38 38 38 38 38 38 32 32 38 38 38
Reserves -307 -245 -226 -168 -63 -30 -31 -21 -23 -25 -28 -7
Borrowings 378 378 370 296 163 155 146 132 124 101 98 71
221 117 102 85 80 39 37 28 29 32 43 25
Total Liabilities 323 282 277 244 212 196 184 172 161 140 145 121
242 223 205 178 148 126 109 97 89 78 75 67
CWIP 4 2 5 0 0 0 1 3 1 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
77 57 68 66 64 70 74 72 71 62 69 54
Total Assets 323 282 277 244 212 196 184 172 161 140 145 121

Cash Flows

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
13 3 17 4 10 15 16 8 17 9 13 15
-7 -6 -7 -4 -2 0 -2 4 -1 10 -7 13
-0 -0 -2 -8 -12 -13 -4 -14 -16 -20 -6 -28
Net Cash Flow 5 -4 8 -8 -4 2 9 -2 0 -1 -0 0

Ratios

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % -6% -9% -1% -7% -8% -3% -3% 2% 2% 0% -1% 8%
Debtor Days 77 11 40 64 58 61 60 80 79 78 72 52
Inventory Turnover 3.42 40.22 5.12 2.20 2.57 2.89 3.09 2.90 3.59 3.75 3.21 2.99

Shareholding Pattern

Numbers in percentages

Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020
42.51 42.51 42.51 42.51 42.51 42.51 42.51 42.51 42.51 42.51 42.51 42.51
0.32 0.32 0.26 0.51 0.26 0.26 0.26 0.26 0.33 0.21 0.21 0.21
57.16 57.16 57.22 56.98 57.22 57.22 57.22 57.22 57.16 57.27 57.27 57.27

Documents