Shriram Properties Ltd
- Market Cap ₹ 1,139 Cr.
- Current Price ₹ 67.0
- High / Low ₹ 94.1 / 53.0
- Stock P/E 17.3
- Book Value ₹ 70.6
- Dividend Yield 0.00 %
- ROCE 10.1 %
- ROE 5.66 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.95 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 23.7% CAGR over last 5 years
- Debtor days have improved from 81.8 to 42.6 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 28.0%
- Tax rate seems low
- Company has a low return on equity of 0.13% over last 3 years.
- Contingent liabilities of Rs.758 Cr.
- Earnings include an other income of Rs.142 Cr.
* 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: Construction Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
368 | 650 | 572 | 432 | 433 | 674 | |
367 | 652 | 582 | 415 | 358 | 631 | |
Operating Profit | 1 | -2 | -10 | 17 | 74 | 43 |
OPM % | 0% | -0% | -2% | 4% | 17% | 6% |
408 | 203 | 63 | 73 | 87 | 142 | |
Interest | 94 | 113 | 128 | 129 | 122 | 106 |
Depreciation | 2 | 5 | 6 | 7 | 7 | 8 |
Profit before tax | 312 | 83 | -82 | -45 | 33 | 72 |
Tax % | -10% | 41% | -6% | -51% | 45% | 5% |
Net Profit | 343 | 49 | -86 | -68 | 18 | 68 |
EPS in Rs | 23.15 | 3.39 | -5.80 | -4.60 | 0.58 | 3.88 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 6% |
TTM: | 56% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 40% |
TTM: | 594% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -7% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -3% |
3 Years: | 0% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
148 | 148 | 148 | 148 | 170 | 170 | |
Reserves | 790 | 832 | 756 | 690 | 963 | 1,030 |
807 | 846 | 739 | 727 | 543 | 644 | |
1,540 | 1,528 | 1,759 | 1,719 | 2,060 | 1,800 | |
Total Liabilities | 3,285 | 3,353 | 3,403 | 3,284 | 3,736 | 3,643 |
30 | 60 | 81 | 76 | 82 | 81 | |
CWIP | 0 | 8 | 0 | 0 | 0 | 0 |
Investments | 346 | 296 | 99 | 36 | 39 | 121 |
2,909 | 2,989 | 3,223 | 3,172 | 3,614 | 3,441 | |
Total Assets | 3,285 | 3,353 | 3,403 | 3,284 | 3,736 | 3,643 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
-297 | -179 | 129 | 146 | 124 | -13 | |
203 | 172 | 100 | 9 | 30 | -30 | |
122 | -7 | -227 | -119 | -100 | 10 | |
Net Cash Flow | 28 | -14 | 2 | 36 | 54 | -33 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 156 | 121 | 105 | 112 | 91 | 43 |
Inventory Days | 7,272 | 7,584 | 10,012 | 4,839 | ||
Days Payable | 520 | 511 | 716 | 303 | ||
Cash Conversion Cycle | 156 | 6,873 | 7,178 | 9,409 | 91 | 4,579 |
Working Capital Days | 978 | 581 | 699 | 899 | 986 | 718 |
ROCE % | 4% | 2% | 5% | 9% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Of conference call with Investors/ Analyst, we enclose the transcript of the conference call held on May 30, 2023.
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Announcement under Regulation 30 (LODR)-Resignation of Director
1 Jun - Mr. Raphael Rene Dawaon representative of WSI/ WSIQ(XXXII) Mauritius Limited, on our Board has resigned with effect from May 31, 2023
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - Newspaper publication of Consolidated Audited Financial results for the quarter and year ended March 31, 2023 published in Makkal Kural in Tamil newspaper May 30, …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
30 May - Audio recording of the Analyst / Institutional Investor meeting held on May 30, 2023 https://www.shriramproperties.com/financials
- Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (LODR) Regulations, 2015. 30 May
Concalls
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Dec 2022Transcript PPT
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Nov 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
Part of Shriram group
Shriram Properties is part of the Shriram Group, which is a prominent business group with four decades of operating history in India and a well-recognized brand in the retail financial services sector and several other industries. [1]