Standard Industries Ltd

₹ 23.8 -4.61%
16 Aug 11:40 a.m.
About

Standard Industries Limited was previously engaged in the business of manufacturing textiles, chemicals and garments. Presently, the Company is in the business of property division and trading in textiles and chemicals. [1]

Key Points

Trading Activities
The Company has trading activity in textiles and deals in 100% Cotton Towels, Bed Sheets, Interlining Fabric, Cotton and blended Dhoti, Cotton/PC blended and poly viscose suiting, 100% cotton, PC Poplins and shirtings, 2x2 Rubia, 2x1 Rubia in 100% cotton as well as PC Blended and Punjabi suits (ready to stitch). [1]

  • Market Cap 153 Cr.
  • Current Price 23.8
  • High / Low 41.5 / 11.4
  • Stock P/E 0.82
  • Book Value 22.0
  • Dividend Yield 10.5 %
  • ROCE 254 %
  • ROE 376 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Stock is trading at 1.13 times its book value
  • Stock is providing a good dividend yield of 10.0%.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 59.0% CAGR over last 5 years

Cons

  • Promoter holding is low: 20.2%

* 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

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
8.34 3.90 3.99 4.99 1.90 3.43 2.77 3.81 3.02 2.07 3.50 430.37 8.78
11.12 6.56 7.40 7.27 3.82 7.67 6.98 7.24 5.09 5.78 7.05 217.67 9.88
Operating Profit -2.78 -2.66 -3.41 -2.28 -1.92 -4.24 -4.21 -3.43 -2.07 -3.71 -3.55 212.70 -1.10
OPM % -33.33% -68.21% -85.46% -45.69% -101.05% -123.62% -151.99% -90.03% -68.54% -179.23% -101.43% 49.42% -12.53%
0.45 0.69 4.89 -19.10 3.63 7.45 14.61 5.89 5.89 13.03 0.80 4.84 6.34
Interest 4.27 3.66 3.54 3.46 3.45 3.44 3.42 3.26 1.15 0.86 0.84 1.54 1.51
Depreciation 0.60 0.70 0.86 0.84 0.83 0.84 0.84 0.79 0.60 0.58 0.62 0.58 0.62
Profit before tax -7.20 -6.33 -2.92 -25.68 -2.57 -1.07 6.14 -1.59 2.07 7.88 -4.21 215.42 3.11
Tax % 0.00% 0.00% 0.00% 7.79% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.24% 16.94% 0.00%
Net Profit -7.20 -6.33 -2.92 -23.67 -2.57 -1.07 6.14 -1.59 2.07 7.88 -4.22 178.93 3.11
EPS in Rs -1.12 -0.98 -0.45 -3.68 -0.40 -0.17 0.95 -0.25 0.32 1.22 -0.66 27.81 0.48

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
10 10 12 13 11 10 10 14 16 21 12 437 445
21 24 24 24 21 23 30 29 30 32 23 234 240
Operating Profit -11 -14 -13 -12 -11 -13 -20 -15 -13 -11 -12 203 204
OPM % -112% -131% -110% -91% -100% -133% -205% -110% -82% -53% -99% 47% 46%
9 10 9 2 6 1 2 39 10 -13 32 25 25
Interest 0 0 2 1 1 1 4 8 18 15 14 4 5
Depreciation 5 7 15 15 2 1 1 1 1 3 3 2 2
Profit before tax -7 -10 -22 -25 -7 -14 -23 15 -23 -42 3 221 222
Tax % 3% 3% 5% 0% -1% -0% 1% 23% 0% 5% 0% 17%
Net Profit -7 -10 -21 -25 -7 -14 -23 11 -23 -40 3 185 186
EPS in Rs -1.06 -1.58 -3.20 -3.84 -1.03 -2.20 -3.52 1.75 -3.64 -6.24 0.48 28.71 28.85
Dividend Payout % -71% -48% -23% -20% -73% -34% -21% 57% 0% 0% 0% 9%
Compounded Sales Growth
10 Years: 45%
5 Years: 114%
3 Years: 200%
TTM: 3313%
Compounded Profit Growth
10 Years: 34%
5 Years: 59%
3 Years: 115%
TTM: 3246%
Stock Price CAGR
10 Years: 3%
5 Years: 2%
3 Years: 22%
1 Year: 51%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 376%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
32 32 32 32 32 32 32 32 32 32 32 32
Reserves 116 100 74 43 31 11 -11 -6 -37 -77 -75 109
5 12 36 6 0 25 19 108 143 114 53 26
18 30 21 18 19 36 67 93 212 293 373 86
Total Liabilities 170 174 163 100 82 104 107 228 350 361 382 253
17 26 36 21 16 22 21 26 46 52 28 28
CWIP 2 11 11 11 11 0 1 0 0 0 0 0
Investments 11 5 12 8 1 15 18 91 137 159 98 97
140 131 104 60 54 66 67 111 168 150 256 128
Total Assets 170 174 163 100 82 104 107 228 350 361 382 253

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-18 -0 -24 -25 -9 4 22 2 110 76 39 60
47 -17 -47 41 14 -21 -6 -77 -84 -65 87 -16
-1 1 19 -35 -6 18 -16 78 9 -46 -75 -32
Net Cash Flow 28 -16 -52 -19 -0 1 -0 4 34 -35 52 12

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 45 39 42 54 79 60 55 830 310 231 475 2
Inventory Days 1,214 1,384 1,422 959 1,337 2,225 1,932 1,552 2,377 2,046 4,709
Days Payable 85 72 111 62 117 102 0 82 123 109 324
Cash Conversion Cycle 1,174 1,351 1,353 951 1,298 2,184 1,988 2,299 2,563 2,169 4,859 2
Working Capital Days 727 342 1,398 230 252 48 -1,622 -257 -4,684 -2,978 -6,528 -52
ROCE % -7% -7% -14% -22% -14% -20% -35% 26% -4% -26% 40% 254%

Shareholding Pattern

Numbers in percentages

2 recently
Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
20.15 20.15 20.15 20.15 20.15 20.15 20.15 20.15 20.15 20.15 20.15 20.15
4.96 4.96 4.96 4.96 4.96 4.95 4.95 4.95 4.95 4.55 4.19 4.14
74.89 74.89 74.89 74.89 74.89 74.90 74.90 74.90 74.90 75.30 75.66 75.71

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