Sikko Industries Ltd

Sikko Industries Ltd

₹ 73.8 -1.20%
25 Apr - close price
About

Incorporated in 2000, Sikko Industries Ltd manufactures, trades & exports Bio-Agro chemicals, Pesticides, Fertilizers, Seeds, Sprayers, Packaging, Machinery and FMCG products, etc.[1]

Key Points

Business Overview:[1]
Company is in the business of manufacturing formulations through its Fertilizer and Pesticide
unit which manufactures a special and exclusive range of agrochemicals including organic pesticides, organic fertilizers, etc.

  • Market Cap 124 Cr.
  • Current Price 73.8
  • High / Low 118 / 54.6
  • Stock P/E 41.3
  • Book Value 14.2
  • Dividend Yield 0.20 %
  • ROCE 16.3 %
  • ROE 12.8 %
  • Face Value 10.0

Pros

Cons

  • Company has a low return on equity of 12.1% over last 3 years.
  • Company has high debtors of 180 days.

* 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.

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Quarterly Results

Figures in Rs. Crores

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
8.79 18.28 10.43 12.61 12.36 15.63 17.42 15.08 10.12 7.05 14.59 18.85 13.58
8.24 18.29 14.13 6.44 11.64 15.27 16.65 12.97 8.19 7.04 13.68 16.45 11.39
Operating Profit 0.55 -0.01 -3.70 6.17 0.72 0.36 0.77 2.11 1.93 0.01 0.91 2.40 2.19
OPM % 6.26% -0.05% -35.47% 48.93% 5.83% 2.30% 4.42% 13.99% 19.07% 0.14% 6.24% 12.73% 16.13%
0.01 1.22 0.55 0.11 0.65 -1.09 0.04 0.03 0.12 0.07 0.02 0.01 0.02
Interest 0.07 0.19 0.13 0.15 0.16 0.10 0.05 0.07 0.12 0.20 0.16 0.14 0.19
Depreciation 0.11 0.22 0.13 0.17 0.15 0.18 0.17 0.19 0.12 0.10 0.11 0.12 0.19
Profit before tax 0.38 0.80 -3.41 5.96 1.06 -1.01 0.59 1.88 1.81 -0.22 0.66 2.15 1.83
Tax % 28.95% 28.75% 0.29% 12.08% 28.30% 27.72% 32.20% 10.11% 33.15% -81.82% 25.76% 25.12% 28.42%
0.27 0.58 -3.40 5.24 0.77 -0.73 0.40 1.69 1.21 -0.41 0.48 1.62 1.31
EPS in Rs 0.16 0.35 -2.02 3.12 0.46 -0.43 0.24 1.01 0.72 -0.24 0.29 0.96 0.78
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
13.40 8.52 11.15 11.21 20.07 15.87 25.54 25.51 30.49 38.84 50.51 49.21 54.07
11.01 6.06 8.24 9.84 19.83 15.38 22.74 22.74 26.89 36.21 46.95 44.38 48.56
Operating Profit 2.39 2.46 2.91 1.37 0.24 0.49 2.80 2.77 3.60 2.63 3.56 4.83 5.51
OPM % 17.84% 28.87% 26.10% 12.22% 1.20% 3.09% 10.96% 10.86% 11.81% 6.77% 7.05% 9.82% 10.19%
0.02 0.02 0.04 0.21 1.21 1.53 0.62 1.18 1.08 1.91 0.22 0.25 0.12
Interest 0.53 0.38 0.44 0.48 0.60 0.43 0.21 0.57 0.57 0.29 0.54 0.44 0.69
Depreciation 0.64 0.68 0.63 1.14 0.91 0.71 0.71 0.84 0.70 0.60 0.63 0.59 0.52
Profit before tax 1.24 1.42 1.88 -0.04 -0.06 0.88 2.50 2.54 3.41 3.65 2.61 4.05 4.42
Tax % 58.87% 17.61% 31.91% 25.00% -533.33% 54.55% 53.20% 20.87% 28.74% 29.32% 27.97% 28.64%
0.52 1.17 1.29 -0.03 -0.38 0.40 1.18 2.01 2.44 2.60 1.88 2.89 3.00
EPS in Rs 0.87 1.95 2.15 -0.05 -0.63 0.33 0.70 1.20 1.45 1.55 1.12 1.72 1.79
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.72%
Compounded Sales Growth
10 Years: 19%
5 Years: 14%
3 Years: 17%
TTM: -7%
Compounded Profit Growth
10 Years: 9%
5 Years: 20%
3 Years: 6%
TTM: 17%
Stock Price CAGR
10 Years: %
5 Years: 47%
3 Years: 60%
1 Year: -7%
Return on Equity
10 Years: 12%
5 Years: 13%
3 Years: 12%
Last Year: 13%

Balance Sheet

Figures in Rs. Crores

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 2.00 2.00 2.00 2.00 2.00 4.00 5.60 5.60 5.60 11.20 11.20 16.80 16.80
Reserves 1.04 2.20 3.47 3.41 3.69 2.31 6.54 8.71 11.14 8.09 9.97 7.01 9.11
4.48 3.37 4.54 3.93 5.52 7.03 4.36 9.21 6.63 6.78 1.64 8.61 3.28
4.02 3.23 5.15 5.89 10.18 7.49 10.65 10.04 15.55 16.37 13.89 13.07 23.43
Total Liabilities 11.54 10.80 15.16 15.23 21.39 20.83 27.15 33.56 38.92 42.44 36.70 45.49 52.62
5.74 5.30 5.19 4.31 3.54 3.07 4.09 3.80 3.49 3.30 3.28 4.76 5.03
CWIP 0.62 0.00 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
5.18 5.50 9.97 10.92 17.85 17.76 23.06 29.76 35.43 39.14 33.42 40.73 47.59
Total Assets 11.54 10.80 15.16 15.23 21.39 20.83 27.15 33.56 38.92 42.44 36.70 45.49 52.62

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.41 1.21 2.97 0.79 -0.02 1.09 -2.93 -0.61 0.68 0.24 6.36 -4.05
-1.78 -0.25 -3.11 -0.25 -0.14 -0.24 -1.21 -0.56 -0.39 -0.39 -0.61 -1.95
0.42 -1.49 0.73 -1.08 0.15 1.66 1.68 4.29 -3.11 -0.14 -5.69 6.28
Net Cash Flow 0.04 -0.52 0.60 -0.54 -0.01 2.50 -2.46 3.12 -2.83 -0.29 0.07 0.28

Ratios

Figures in Rs. Crores

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 49.57 65.55 91.99 77.17 147.49 123.28 135.34 174.70 230.56 201.76 142.14 179.57
Inventory Days 104.02 336.03 192.64 246.32 137.29 176.16 196.56 207.57 209.18 132.11 68.69 91.57
Days Payable 51.54 77.63 144.84 149.27 198.38 195.81 164.24 129.25 192.47 117.37 53.92 62.67
Cash Conversion Cycle 102.05 323.94 139.78 174.22 86.40 103.63 167.66 253.03 247.28 216.50 156.91 208.47
Working Capital Days 31.87 127.24 87.08 101.26 133.67 169.05 177.64 233.22 230.92 212.29 138.96 200.64
ROCE % 24.53% 23.86% 26.39% 4.55% 5.26% 10.67% 18.16% 15.54% 16.98% 15.94% 12.89% 16.26%

Shareholding Pattern

Numbers in percentages

Mar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
71.43% 71.43% 71.43% 71.43% 71.43% 71.43% 71.44% 71.44% 71.44% 71.44% 71.44% 71.44%
0.00% 0.00% 0.00% 0.00% 0.00% 0.13% 0.13% 0.05% 0.00% 0.00% 0.00% 0.00%
28.57% 28.57% 28.57% 28.57% 28.57% 28.44% 28.43% 28.51% 28.56% 28.56% 28.56% 28.56%
No. of Shareholders 1161107077971,2978,92513,69614,49715,87817,01519,05917,783

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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