Sikko Industries Ltd
Sikko Industries Limited is one of the leading Manufacturer and Supplier of Organic Agricultural Pesticides, Fungicides, Bio Fungicides, Plant Growth Promoters, NPK Fertilizers, Weedicides, HDPE Bottles and Flexible Pouches.
- Market Cap ₹ 129 Cr.
- Current Price ₹ 77.0
- High / Low ₹ 138 / 28.1
- Stock P/E 50.3
- Book Value ₹ 17.2
- Dividend Yield 0.19 %
- ROCE 12.9 %
- ROE 9.29 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 191 to 142 days.
- Company's working capital requirements have reduced from 194 days to 139 days
Cons
- Company has a low return on equity of 12.9% over last 3 years.
* 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: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3.19 | 13.40 | 8.52 | 11.15 | 11.21 | 20.07 | 15.87 | 25.54 | 25.51 | 30.49 | 38.84 | 50.51 | 58.25 | |
2.70 | 11.01 | 6.06 | 8.24 | 9.84 | 19.83 | 15.38 | 22.74 | 22.74 | 26.89 | 36.21 | 46.95 | 53.08 | |
Operating Profit | 0.49 | 2.39 | 2.46 | 2.91 | 1.37 | 0.24 | 0.49 | 2.80 | 2.77 | 3.60 | 2.63 | 3.56 | 5.17 |
OPM % | 15.36% | 17.84% | 28.87% | 26.10% | 12.22% | 1.20% | 3.09% | 10.96% | 10.86% | 11.81% | 6.77% | 7.05% | 8.88% |
0.01 | 0.02 | 0.02 | 0.04 | 0.21 | 1.21 | 1.53 | 0.62 | 1.18 | 1.08 | 1.91 | 0.22 | -0.90 | |
Interest | 0.11 | 0.53 | 0.38 | 0.44 | 0.48 | 0.60 | 0.43 | 0.21 | 0.57 | 0.57 | 0.29 | 0.54 | 0.34 |
Depreciation | 0.13 | 0.64 | 0.68 | 0.63 | 1.14 | 0.91 | 0.71 | 0.71 | 0.84 | 0.70 | 0.60 | 0.63 | 0.66 |
Profit before tax | 0.26 | 1.24 | 1.42 | 1.88 | -0.04 | -0.06 | 0.88 | 2.50 | 2.54 | 3.41 | 3.65 | 2.61 | 3.27 |
Tax % | 30.77% | 58.87% | 17.61% | 31.91% | 25.00% | -533.33% | 54.55% | 53.20% | 20.87% | 28.74% | 29.32% | 27.97% | |
Net Profit | 0.17 | 0.52 | 1.17 | 1.29 | -0.03 | -0.38 | 0.40 | 1.18 | 2.01 | 2.44 | 2.60 | 1.88 | 2.57 |
EPS in Rs | 0.28 | 0.87 | 1.95 | 2.15 | -0.05 | -0.63 | 0.33 | 0.70 | 1.20 | 1.45 | 1.55 | 1.12 | 1.54 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 26% |
3 Years: | 26% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 36% |
3 Years: | -2% |
TTM: | -19% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 43% |
3 Years: | 130% |
1 Year: | 113% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 4.00 | 5.60 | 5.60 | 5.60 | 11.20 | 11.20 | 11.20 | |
Reserves | 0.53 | 1.04 | 2.20 | 3.47 | 3.41 | 3.69 | 2.31 | 6.54 | 8.71 | 11.14 | 8.09 | 9.97 | 12.09 |
4.38 | 4.48 | 3.37 | 4.54 | 3.93 | 5.52 | 7.03 | 4.36 | 9.21 | 6.63 | 6.78 | 1.64 | 1.00 | |
0.89 | 4.02 | 3.23 | 5.15 | 5.89 | 10.18 | 7.49 | 10.65 | 10.04 | 15.55 | 16.37 | 13.89 | 19.58 | |
Total Liabilities | 7.80 | 11.54 | 10.80 | 15.16 | 15.23 | 21.39 | 20.83 | 27.15 | 33.56 | 38.92 | 42.44 | 36.70 | 43.87 |
0.91 | 5.74 | 5.30 | 5.19 | 4.31 | 3.54 | 3.07 | 4.09 | 3.80 | 3.49 | 3.30 | 3.28 | 3.16 | |
CWIP | 3.68 | 0.62 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 | 0.00 | 0.00 | 0.00 | 0.00 |
3.21 | 5.18 | 5.50 | 9.97 | 10.92 | 17.85 | 17.76 | 23.06 | 29.76 | 35.43 | 39.14 | 33.42 | 40.71 | |
Total Assets | 7.80 | 11.54 | 10.80 | 15.16 | 15.23 | 21.39 | 20.83 | 27.15 | 33.56 | 38.92 | 42.44 | 36.70 | 43.87 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 1.41 | 1.21 | 2.97 | 0.79 | -0.02 | 1.09 | -2.93 | -0.61 | 0.68 | 0.24 | 6.36 | |
0.00 | -1.78 | -0.25 | -3.11 | -0.25 | -0.14 | -0.24 | -1.21 | -0.56 | -0.39 | -0.39 | -0.61 | |
0.00 | 0.42 | -1.49 | 0.73 | -1.08 | 0.15 | 1.66 | 1.68 | 4.29 | -3.11 | -0.14 | -5.69 | |
Net Cash Flow | 0.00 | 0.04 | -0.52 | 0.60 | -0.54 | -0.01 | 2.50 | -2.46 | 3.12 | -2.83 | -0.29 | 0.07 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 200.24 | 49.57 | 65.55 | 91.99 | 77.17 | 147.49 | 123.28 | 135.34 | 174.70 | 230.56 | 201.76 | 142.14 |
Inventory Days | 65.99 | 104.02 | 336.03 | 192.64 | 246.32 | 137.29 | 176.16 | 196.56 | 207.57 | 209.18 | 132.11 | 68.69 |
Days Payable | 47.43 | 51.54 | 77.63 | 144.84 | 149.27 | 198.38 | 195.81 | 164.24 | 129.25 | 192.47 | 117.37 | 53.92 |
Cash Conversion Cycle | 218.79 | 102.05 | 323.94 | 139.78 | 174.22 | 86.40 | 103.63 | 167.66 | 253.03 | 247.28 | 216.50 | 156.91 |
Working Capital Days | 205.96 | 31.87 | 127.24 | 87.08 | 101.26 | 133.67 | 169.05 | 177.64 | 233.22 | 230.92 | 212.29 | 138.96 |
ROCE % | 9.09% | 24.53% | 23.86% | 26.39% | 4.55% | 5.26% | 10.67% | 18.16% | 15.54% | 16.98% | 15.94% | 12.89% |