Sarthak Metals Ltd
Incorporated in 1995, Sarthak Metals Ltd manufactures and sells cored wires, ferro alloys, aluminium wire and related items[1]
- Market Cap ₹ 264 Cr.
- Current Price ₹ 193
- High / Low ₹ 449 / 181
- Stock P/E 19.2
- Book Value ₹ 84.8
- Dividend Yield 1.04 %
- ROCE 17.8 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 18.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.9%
Cons
- The company has delivered a poor sales growth of 10.0% over past five 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: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
113 | 147 | 151 | 128 | 152 | 171 | 189 | 214 | 222 | 457 | 408 | 305 | |
106 | 139 | 144 | 119 | 143 | 161 | 177 | 203 | 206 | 419 | 368 | 285 | |
Operating Profit | 6 | 8 | 7 | 9 | 9 | 10 | 12 | 11 | 16 | 38 | 40 | 20 |
OPM % | 6% | 5% | 5% | 7% | 6% | 6% | 6% | 5% | 7% | 8% | 10% | 6% |
1 | 0 | 1 | 1 | 2 | 2 | 2 | 1 | 0 | 4 | 3 | 2 | |
Interest | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 4 | 3 | 4 | 1 | 1 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | 3 | 4 | 4 | 5 | 6 | 7 | 8 | 6 | 11 | 36 | 40 | 19 |
Tax % | 30% | 33% | 32% | 34% | 34% | 32% | 28% | 28% | 26% | 23% | 26% | 27% |
2 | 3 | 3 | 4 | 4 | 5 | 6 | 5 | 8 | 27 | 30 | 14 | |
EPS in Rs | 2.97 | 2.15 | 2.37 | 2.95 | 2.89 | 3.48 | 4.21 | 3.37 | 5.84 | 20.07 | 21.74 | 10.10 |
Dividend Payout % | 0% | 0% | 0% | 0% | 17% | 0% | 12% | 15% | 17% | 10% | 9% | 20% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 10% |
3 Years: | 11% |
TTM: | -25% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 19% |
3 Years: | 20% |
TTM: | -54% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 65% |
3 Years: | 48% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 23% |
3 Years: | 26% |
Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 12 | 12 | 12 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 7 | 6 | 8 | 12 | 19 | 23 | 29 | 32 | 39 | 64 | 91 | 102 |
20 | 20 | 24 | 24 | 27 | 26 | 36 | 23 | 32 | 22 | 0 | 0 | |
1 | 3 | 3 | 1 | 3 | 3 | 5 | 7 | 6 | 16 | 5 | 4 | |
Total Liabilities | 37 | 40 | 47 | 49 | 63 | 65 | 84 | 76 | 91 | 116 | 110 | 120 |
5 | 6 | 6 | 7 | 7 | 9 | 14 | 15 | 14 | 11 | 11 | 15 | |
CWIP | 0 | 0 | 2 | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 2 | 0 |
Investments | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
31 | 34 | 39 | 40 | 53 | 55 | 69 | 61 | 77 | 104 | 97 | 105 | |
Total Assets | 37 | 40 | 47 | 49 | 63 | 65 | 84 | 76 | 91 | 116 | 110 | 120 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-3 | 6 | 2 | 5 | 4 | 0 | 1 | 17 | -1 | 16 | 35 | 27 | |
-0 | -2 | -3 | -1 | -2 | 0 | -6 | -3 | -1 | 3 | -2 | -3 | |
2 | -4 | 2 | -3 | 6 | 0 | 7 | -17 | 4 | -15 | -26 | -3 | |
Net Cash Flow | -1 | 0 | -0 | 0 | 7 | 0 | 2 | -2 | 2 | 4 | 7 | 20 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 69 | 50 | 60 | 71 | 71 | 62 | 45 | 48 | 63 | 45 | 47 | 48 |
Inventory Days | 24 | 29 | 29 | 36 | 29 | 39 | 60 | 45 | 60 | 27 | 16 | 28 |
Days Payable | 2 | 4 | 4 | 0 | 1 | 2 | 8 | 8 | 1 | 10 | 1 | 0 |
Cash Conversion Cycle | 92 | 75 | 85 | 106 | 100 | 99 | 97 | 85 | 122 | 63 | 63 | 76 |
Working Capital Days | 91 | 72 | 84 | 106 | 97 | 107 | 115 | 87 | 109 | 64 | 68 | 79 |
ROCE % | 18% | 19% | 17% | 19% | 18% | 17% | 17% | 14% | 18% | 40% | 41% | 18% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Jul
- Reg. 34 (1) Annual Report. 20 Jul
- Board Meeting Outcome for Outcome Of Board Meeting Dated 12Th July 2024 12 Jul
- Board Meeting Intimation for Approval Of Directors Report Along With Its Annexures And Fixing Of Day, Date, Time And Venue Of Annual General Meeting And Approval Of Notice Of Annual General Meeting And Other Matters On Agenda. 4 Jul
- Closure of Trading Window 26 Jun
Annual reports
Concalls
-
Jun 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
Jun 2023Transcript PPT
-
Feb 2023TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Oct 2021TranscriptNotesPPT
Business Overview:[1]
SML, a part of the DB Group, is a manufacturer and exporter of cored wires and aluminum flipping coils. These are essential consumables in modern metallurgy, used for fine-tuning steel.