Standard Industries Ltd

Standard Industries Ltd

₹ 22.7 2.48%
16 Apr - close price
About

Incorporated in 1892, Standard Industries Ltd is in the business of property division and trading in textiles and chemicals

Key Points

Product Profile:[1] 100% Cotton Towels, Bed Sheets, Interlining Fabric, Cotton and blended Dhoti, Cotton/PC blended and poly viscose suiting, 100% cotton, PC Poplins and shirting, 2x2 Rubia, 2x1 Rubia in 100% cotton as well as PC Blended and Punjabi suits (ready to stitch) Company also plans to introduce Cotton Sarees

  • Market Cap 146 Cr.
  • Current Price 22.7
  • High / Low 32.6 / 20.2
  • Stock P/E
  • Book Value 31.0
  • Dividend Yield 4.63 %
  • ROCE 9.44 %
  • ROE 6.74 %
  • Face Value 5.00

Pros

  • Stock is trading at 0.73 times its book value
  • Stock is providing a good dividend yield of 4.63%.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 63.6%

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 9.46% over past five years.
  • Promoter holding is low: 20.3%
  • Company has high debtors of 944 days.
  • Company's cost of borrowing seems high
  • Working capital days have increased from -3,185 days to 939 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.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
1.78 3.37 1.10 1.56 2.98 429.97 5.80 2.90 2.88 4.34 6.55 4.73 2.75
6.11 6.67 3.91 5.40 6.41 217.53 8.47 7.21 5.49 8.44 9.52 8.56 6.01
Operating Profit -4.33 -3.30 -2.81 -3.84 -3.43 212.44 -2.67 -4.31 -2.61 -4.10 -2.97 -3.83 -3.26
OPM % -243.26% -97.92% -255.45% -246.15% -115.10% 49.41% -46.03% -148.62% -90.62% -94.47% -45.34% -80.97% -118.55%
14.58 5.87 5.81 12.97 0.76 4.80 6.30 6.69 31.19 0.77 1.39 -0.01 1.67
Interest 3.42 3.26 1.15 0.86 0.84 1.54 1.51 0.71 3.46 0.81 0.82 0.80 0.78
Depreciation 0.81 0.75 0.57 0.55 0.59 0.55 0.58 0.62 0.65 0.64 0.65 0.65 0.65
Profit before tax 6.02 -1.44 1.28 7.72 -4.10 215.15 1.54 1.05 24.47 -4.78 -3.05 -5.29 -3.02
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 16.96% 0.00% 0.00% 6.13% -10.46% 0.00% 0.00% 0.00%
6.02 -1.44 1.28 7.71 -4.10 178.65 1.54 1.05 22.97 -5.28 -3.04 -5.29 -3.03
EPS in Rs 0.94 -0.22 0.20 1.20 -0.64 27.77 0.24 0.16 3.57 -0.82 -0.47 -0.82 -0.47
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
12 8 9 7 6 7 10 12 17 7 434 16 18
23 23 25 18 20 21 25 26 29 20 232 29 33
Operating Profit -10 -14 -15 -11 -14 -13 -15 -14 -12 -13 202 -14 -14
OPM % -82% -170% -163% -166% -216% -180% -149% -121% -72% -176% 47% -87% -77%
11 9 5 9 4 1 39 10 -13 31 24 45 4
Interest 0 0 0 0 1 4 8 18 15 14 4 6 3
Depreciation 1 1 1 1 1 1 1 1 3 3 2 2 3
Profit before tax -0 -6 -11 -4 -11 -17 15 -24 -43 2 220 22 -16
Tax % 72% 16% 0% 0% 0% 1% 23% 0% 5% 0% 17% 9%
-0 -5 -11 -4 -11 -17 11 -24 -41 2 184 20 -17
EPS in Rs -0.02 -0.80 -1.78 -0.62 -1.77 -2.69 1.78 -3.74 -6.36 0.28 28.53 3.15 -2.58
Dividend Payout % -4,824% -94% -42% -121% -42% -28% 56% 0% 0% 0% 9% 33%
Compounded Sales Growth
10 Years: 7%
5 Years: 9%
3 Years: -2%
TTM: -96%
Compounded Profit Growth
10 Years: 17%
5 Years: 3%
3 Years: 32%
TTM: -108%
Stock Price CAGR
10 Years: 5%
5 Years: 10%
3 Years: 7%
1 Year: -22%
Return on Equity
10 Years: 11%
5 Years: 32%
3 Years: 64%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital 32 32 32 32 32 32 32 32 32 32 32 32
Reserves 114 104 86 76 59 46 51 19 -22 -21 163 167
0 0 0 0 25 19 108 143 114 53 26 26
30 18 18 19 35 67 93 212 292 372 85 19
Total Liabilities 176 154 137 127 152 163 285 407 417 436 306 244
18 18 17 15 21 20 24 45 50 27 26 31
CWIP 11 11 11 11 0 0 0 0 0 0 0 0
Investments 3 10 6 2 16 78 151 196 219 158 157 133
144 115 103 100 115 65 109 166 147 251 123 80
Total Assets 176 154 137 127 152 163 285 407 417 436 306 244

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0 -24 -25 -10 3 23 2 109 74 38 58 -106
-10 -23 12 15 -20 -6 -77 -84 -63 89 -14 60
-6 -6 -6 -6 18 -16 78 9 -46 -75 -32 -23
Net Cash Flow -16 -52 -19 -1 1 0 4 34 -36 52 12 -69

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 145 227 69 110 83 58 1,115 417 292 758 2 944
Inventory Days 1,300 1,232 1,030 1,275 2,072 1,786 1,656 2,310 2,060 4,668 0
Days Payable 60 88 63 104 83 68 85 116 104 316
Cash Conversion Cycle 1,385 1,371 1,037 1,280 2,072 1,776 2,687 2,610 2,249 5,110 2 944
Working Capital Days 439 2,108 343 427 115 -2,188 -367 -6,573 -3,774 -10,442 -53 939
ROCE % -1% -4% -9% -6% -9% -6% 16% -3% -18% 15% 157% 9%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
20.15% 20.15% 20.15% 20.15% 20.15% 20.15% 20.31% 20.31% 20.31% 20.31% 20.31% 20.31%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 38.87% 38.88% 38.86% 38.86% 38.86% 38.86%
4.95% 4.95% 4.95% 4.55% 4.19% 4.14% 4.13% 4.13% 4.13% 4.04% 4.04% 4.04%
74.90% 74.90% 74.90% 75.30% 75.66% 75.71% 36.69% 36.69% 36.71% 36.79% 36.78% 36.78%
No. of Shareholders 25,45825,80425,71025,75726,13730,98839,20543,95247,37748,53947,20647,102

* 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.

Click on the line-items to see the names of individual entities.

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