Savita Oil Technologies Ltd

₹ 1,332 -1.18%
05 Aug - close price
About

Savita Oil Technologies Limited, established in 1961, is a specialty petroleum products company engaged in manufacturing Transformer Oils, White Oils etc. [1]

Key Points

Products
The Co manufactures products like Transformer Oils, Liquid Paraffins, White Oils, Automotive and Industrial Lubricants, Coolants and Greases, among others. These products are essentially obtained through refining base oil, and topped with additives to derive the required characteristics. A wide range of lubricants, greases, and coolants of the Co are sold to retail customers under the brand SAVSOL. [1][2]

  • Market Cap 1,840 Cr.
  • Current Price 1,332
  • High / Low 1,830 / 920
  • Stock P/E 7.07
  • Book Value 924
  • Dividend Yield 1.13 %
  • ROCE 29.9 %
  • ROE 21.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 21.9% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 17.6%

Cons

* 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: Petrochemicals Industry: Petrochemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
536 542 518 450 263 481 535 633 606 690 738 794 872
491 500 479 423 250 432 430 502 498 613 666 706 744
Operating Profit 46 42 39 27 13 49 105 131 107 77 72 89 127
OPM % 8% 8% 8% 6% 5% 10% 20% 21% 18% 11% 10% 11% 15%
4 2 4 4 8 8 12 6 7 8 9 4 4
Interest 4 7 4 5 2 1 2 3 6 4 4 6 8
Depreciation 5 6 6 6 5 5 5 5 5 5 5 5 5
Profit before tax 40 32 34 19 15 51 109 129 104 77 72 82 119
Tax % 30% 21% 36% -7% 27% 26% 26% 26% 26% 27% 22% 27% 26%
Net Profit 28 25 22 21 11 38 81 95 78 56 57 60 88
EPS in Rs 19.82 17.78 15.37 14.64 7.60 26.74 57.64 67.18 56.10 40.59 40.90 43.30 63.48

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
1,533 1,897 1,985 2,066 1,835 1,484 1,496 1,782 2,261 2,044 1,911 2,828 3,094
1,357 1,772 1,869 1,913 1,773 1,395 1,341 1,595 2,064 1,889 1,610 2,479 2,729
Operating Profit 177 125 116 153 62 89 155 186 197 155 300 349 365
OPM % 12% 7% 6% 7% 3% 6% 10% 10% 9% 8% 16% 12% 12%
21 14 70 73 9 10 13 10 18 12 32 25 26
Interest 12 13 10 63 41 26 14 14 29 20 9 19 21
Depreciation 25 25 25 30 34 30 28 26 24 22 20 20 20
Profit before tax 160 100 151 133 -4 43 126 156 163 125 303 335 350
Tax % 32% 32% 31% 32% 70% 15% 26% 19% 30% 23% 26% 25%
Net Profit 109 68 103 90 -1 36 94 126 114 96 224 250 260
EPS in Rs 74.87 46.59 70.76 61.46 -0.87 24.76 64.11 88.12 79.79 67.97 159.16 180.89 188.27
Dividend Payout % 27% 32% 25% 28% -288% 20% 21% 3% 3% 29% 9% 14%
Compounded Sales Growth
10 Years: 4%
5 Years: 14%
3 Years: 8%
TTM: 37%
Compounded Profit Growth
10 Years: 14%
5 Years: 22%
3 Years: 32%
TTM: -11%
Stock Price CAGR
10 Years: 11%
5 Years: 3%
3 Years: 14%
1 Year: -23%
Return on Equity
10 Years: 14%
5 Years: 18%
3 Years: 19%
Last Year: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
15 15 15 15 15 15 15 14 14 14 14 14
Reserves 381 423 497 556 550 577 647 728 837 855 1,078 1,264
69 69 78 96 64 42 22 6 4 1 0 0
509 688 541 869 519 417 461 536 576 561 641 705
Total Liabilities 973 1,195 1,129 1,535 1,149 1,051 1,144 1,284 1,431 1,431 1,733 1,982
197 207 211 287 265 235 230 210 202 189 185 175
CWIP 5 2 21 5 1 3 1 2 3 8 1 2
Investments 49 23 32 12 30 36 19 24 69 177 271 565
721 963 864 1,231 853 776 894 1,049 1,158 1,058 1,277 1,240
Total Assets 973 1,195 1,129 1,535 1,149 1,051 1,144 1,284 1,431 1,431 1,733 1,982

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
78 42 78 127 125 76 55 97 128 177 124 366
-37 -1 -54 -66 -26 -9 -3 -9 -51 -116 -84 -290
-30 -43 -24 -71 -102 -68 -55 -75 -34 -102 -20 -74
Net Cash Flow 11 -1 0 -10 -2 -2 -4 13 43 -41 21 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 83 85 83 93 93 95 103 110 93 91 104 74
Inventory Days 93 104 72 134 70 98 136 114 91 104 160 90
Days Payable 121 134 96 159 31 55 70 59 46 67 93 102
Cash Conversion Cycle 55 55 59 69 132 138 169 166 139 128 171 62
Working Capital Days 45 44 54 60 61 83 102 101 84 84 111 111
ROCE % 40% 23% 18% 22% 5% 11% 21% 24% 23% 16% 31% 30%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
71.75 71.75 71.75 71.75 71.75 71.75 71.75 71.81 71.81 71.81 71.81 71.81
4.38 4.38 4.38 4.38 4.38 3.61 3.13 0.39 1.14 1.73 1.55 1.60
11.97 11.97 11.94 11.92 11.66 10.90 9.08 8.45 7.77 7.45 7.39 7.40
11.90 11.90 11.93 11.95 12.21 13.74 16.04 19.35 19.28 19.01 19.25 19.20

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