Sicagen India Ltd
Incorporated in 2004, Sicagen India is in the business of trading Building materials, Sales & Servicing Power and controls systems, manufacturing of MS barrels and water treatment chemicals[1]
- Market Cap ₹ 234 Cr.
- Current Price ₹ 59.0
- High / Low ₹ 79.5 / 30.0
- Stock P/E 18.0
- Book Value ₹ 116
- Dividend Yield 1.02 %
- ROCE 4.29 %
- ROE 2.72 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.51 times its book value
- Company has delivered good profit growth of 59.1% CAGR over last 5 years
- Debtor days have improved from 99.6 to 76.2 days.
Cons
- The company has delivered a poor sales growth of 3.94% over past five years.
- Company has a low return on equity of 0.53% over last 3 years.
- Contingent liabilities of Rs.71.8 Cr.
- Earnings include an other income of Rs.13.2 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,058 | 1,027 | 620 | 645 | 601 | 711 | 738 | 820 | 699 | 542 | 836 | 895 | 802 | |
1,052 | 994 | 631 | 644 | 608 | 707 | 737 | 817 | 688 | 533 | 814 | 869 | 771 | |
Operating Profit | 6 | 34 | -11 | 1 | -7 | 3 | 1 | 3 | 11 | 9 | 22 | 27 | 30 |
OPM % | 1% | 3% | -2% | 0% | -1% | 0% | 0% | 0% | 2% | 2% | 3% | 3% | 4% |
38 | 7 | 41 | 18 | 18 | 15 | 15 | 15 | 11 | 8 | -0 | 15 | 13 | |
Interest | 12 | 11 | 7 | 6 | 6 | 7 | 9 | 9 | 9 | 5 | 6 | 9 | 10 |
Depreciation | 4 | 4 | 6 | 5 | 5 | 4 | 5 | 6 | 10 | 10 | 11 | 11 | 10 |
Profit before tax | 29 | 26 | 17 | 8 | -1 | 8 | 2 | 3 | 3 | 1 | 5 | 22 | 23 |
Tax % | 29% | 31% | 1% | 13% | 300% | 3% | 30% | 95% | 89% | 322% | 112% | 18% | |
21 | 18 | 17 | 7 | 1 | 7 | 1 | 0 | 0 | -3 | -1 | 18 | 19 | |
EPS in Rs | 5.19 | 4.52 | 4.27 | 1.67 | 0.27 | 1.89 | 0.29 | 0.03 | 0.09 | -0.81 | -0.15 | 4.50 | 4.70 |
Dividend Payout % | 19% | 22% | 19% | 36% | 224% | 32% | 206% | 1,218% | 550% | -74% | -162% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | 4% |
3 Years: | 9% |
TTM: | -18% |
Compounded Profit Growth | |
---|---|
10 Years: | -5% |
5 Years: | 59% |
3 Years: | 219% |
TTM: | 18% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 20% |
3 Years: | 59% |
1 Year: | 98% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 0% |
3 Years: | 1% |
Last Year: | 3% |
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 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
Reserves | 402 | 421 | 441 | 439 | 443 | 345 | 353 | 343 | 336 | 355 | 383 | 400 | 419 |
93 | 103 | 73 | 48 | 60 | 89 | 97 | 119 | 96 | 79 | 95 | 121 | 132 | |
110 | 112 | 119 | 84 | 76 | 105 | 114 | 184 | 133 | 72 | 140 | 68 | 57 | |
Total Liabilities | 643 | 675 | 673 | 610 | 619 | 578 | 604 | 685 | 605 | 546 | 656 | 629 | 648 |
57 | 60 | 64 | 59 | 57 | 183 | 203 | 151 | 168 | 168 | 141 | 141 | 139 | |
CWIP | 0 | 2 | 0 | 1 | 2 | 12 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
Investments | 98 | 100 | 100 | 100 | 100 | 54 | 34 | 26 | 20 | 37 | 70 | 69 | 77 |
488 | 513 | 509 | 451 | 460 | 329 | 367 | 507 | 417 | 340 | 445 | 418 | 431 | |
Total Assets | 643 | 675 | 673 | 610 | 619 | 578 | 604 | 685 | 605 | 546 | 656 | 629 | 648 |
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 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
39 | 16 | -14 | 2 | -3 | -41 | -12 | 20 | -37 | 31 | -2 | 15 | |
-31 | 8 | 17 | 2 | 9 | 5 | 11 | -5 | 45 | -17 | 18 | -4 | |
7 | -17 | -18 | -11 | 4 | 22 | -4 | -12 | -18 | -12 | -18 | -13 | |
Net Cash Flow | 15 | 7 | -15 | -6 | 10 | -13 | -5 | 3 | -10 | 3 | -2 | -3 |
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 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 35 | 44 | 75 | 61 | 71 | 75 | 91 | 119 | 108 | 115 | 107 | 76 |
Inventory Days | 41 | 47 | 70 | 56 | 59 | 70 | 68 | 58 | 78 | 80 | 50 | 65 |
Days Payable | 14 | 18 | 35 | 19 | 19 | 32 | 42 | 75 | 60 | 40 | 60 | 24 |
Cash Conversion Cycle | 63 | 73 | 110 | 98 | 110 | 113 | 117 | 102 | 126 | 155 | 97 | 117 |
Working Capital Days | 64 | 66 | 104 | 90 | 106 | 106 | 115 | 110 | 138 | 155 | 121 | 130 |
ROCE % | 7% | 7% | 2% | 2% | 1% | 3% | 2% | 3% | 3% | 2% | 4% | 4% |
Documents
Announcements
- Closure of Trading Window 15h
- Board Meeting Outcome for Increase In Remuneration Of Whole Time Director By Seeking Shareholders Approval Through Postal Ballot 25 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 9 Mar
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
8 Mar - The Company on 7th March 2024, has received an order dated 06.03.2024 passed by NCLT Bangalore Bench approving the Scheme of Amalgamation between the wholly …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Business Overview:[1]
Company is an ISO 9001:2015 certified company and part of the Singapore headquartered $2+ billion AM International group, Sicagen has 5 business verticals and 2 subsidiaries.
It is an integrated, value-added solutions provider for Building Materials, Power & Control Systems, Industrial Packaging and Speciality Chemicals for water treatment