Sreeleathers Ltd

Sreeleathers Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sreeleathers Ltd

₹ 219 -1.84%
13 Mar - close price
sreeleathers.com BSE: 535601 NSE: SREEL
About

Incorporated in 1991, Sreeleathers
Ltd is in the business of trading in
footwear and accessories through
its retail and wholesale network[1]

Key Points

Business Overview:[1][2]
SL is in the business of Leather and Non-Leather footwear and accessories with distribution network comprising exclusive stores and 27 dealers. Its flagship store viz. Lindsay street showroom holds the record for being the World’s Largest Single brand footwear store.
Company has 3 operational business units, 2 in Kolkata and 1 in Jaipur.[3]

Website BSE NSE
  • Market Cap ₹ 502 Cr.
  • Current Price ₹ 219
  • High / Low ₹ 338 / 212
  • Stock P/E 22.7
  • Book Value ₹ 190
  • Dividend Yield 0.00 %
  • ROCE 9.29 %
  • ROE 6.80 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Stock is trading at 1.15 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 6.42% over last 3 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
41.14 35.16 44.91 59.12 47.33 48.29 49.63 60.28 58.16 49.60 48.69 62.66 55.42
32.40 29.59 37.14 49.62 38.39 38.78 40.54 48.20 48.49 42.86 42.01 52.72 46.71
Operating Profit 8.74 5.57 7.77 9.50 8.94 9.51 9.09 12.08 9.67 6.74 6.68 9.94 8.71
OPM % 21.24% 15.84% 17.30% 16.07% 18.89% 19.69% 18.32% 20.04% 16.63% 13.59% 13.72% 15.86% 15.72%
0.16 0.18 0.12 0.19 0.12 0.16 0.11 0.15 0.15 0.16 0.10 0.29 0.13
Interest 0.09 0.19 0.10 0.11 0.11 0.13 0.12 0.14 0.16 0.16 0.14 0.07 0.12
Depreciation 0.26 0.36 0.28 0.28 0.36 0.35 0.35 0.34 0.34 0.15 0.30 0.27 0.32
Profit before tax 8.55 5.20 7.51 9.30 8.59 9.19 8.73 11.75 9.32 6.59 6.34 9.89 8.40
Tax % 25.73% 29.04% 25.43% 26.02% 25.49% 26.77% 25.77% 25.79% 26.39% 27.47% 27.44% 34.88% 25.83%
6.35 3.68 5.60 6.88 6.41 6.73 6.48 8.73 6.86 4.78 4.61 6.45 6.23
EPS in Rs 2.74 1.59 2.42 2.97 2.77 2.91 2.80 3.77 2.96 2.06 1.99 2.79 2.69
Raw PDF

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 TTM
53 57 67 80 100 141 168 173 83 122 198 215 216
43 46 54 64 79 109 130 133 67 98 162 178 184
Operating Profit 10 11 13 16 21 32 38 40 16 24 36 38 32
OPM % 19% 19% 19% 20% 21% 23% 22% 23% 20% 19% 18% 17% 15%
1 1 2 3 1 2 8 0 0 1 1 1 1
Interest 0 1 1 0 0 0 0 0 0 0 0 1 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 11 10 12 17 21 33 44 39 15 23 35 36 31
Tax % 31% 33% 32% 35% 35% 34% 30% 26% 26% 27% 26% 26%
7 7 8 11 13 21 31 29 11 17 26 27 22
EPS in Rs 2.93 2.81 3.36 4.49 5.33 8.50 12.36 11.43 4.81 7.14 11.06 11.60 9.53
Dividend Payout % 9% 9% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 14%
5 Years: 5%
3 Years: 37%
TTM: 0%
Compounded Profit Growth
10 Years: 15%
5 Years: 1%
3 Years: 34%
TTM: -23%
Stock Price CAGR
10 Years: -1%
5 Years: 12%
3 Years: 7%
1 Year: -21%
Return on Equity
10 Years: 7%
5 Years: 6%
3 Years: 6%
Last Year: 7%

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 Sep 2024
Equity Capital 25 25 25 25 25 25 25 25 23 23 23 23 23
Reserves 156 162 171 182 204 230 264 299 291 314 349 394 417
0 0 0 3 3 1 1 0 3 3 3 3 3
9 21 11 12 15 32 26 15 13 14 19 19 22
Total Liabilities 190 208 207 222 247 288 317 339 330 355 394 439 465
158 157 160 159 158 157 151 150 152 152 151 151 152
CWIP 4 4 0 0 0 0 0 0 0 0 0 0 0
Investments 12 30 29 28 64 77 130 167 159 182 219 264 286
16 17 17 35 25 55 36 21 19 21 23 24 26
Total Assets 190 208 207 222 247 288 317 339 330 355 394 439 465

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
7 20 -1 9 14 28 15 29 11 17 29 30
-5 -18 3 -6 -16 -4 -32 -34 25 -16 -25 -30
-1 -2 -2 -0 -0 -0 -2 0 -33 -1 -1 -1
Net Cash Flow 1 -0 -0 2 -2 24 -18 -5 2 0 4 -1

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 19 15 3 1 3 1 1 1 2 1 1 1
Inventory Days 41 40 51 53 50 39 44 43 69 53 35 28
Days Payable 26 25 15 22 25 15 21 22 35 26 19 18
Cash Conversion Cycle 34 29 40 32 28 24 23 22 35 28 17 11
Working Capital Days 23 -56 9 12 16 -11 14 12 21 16 6 4
ROCE % 6% 6% 6% 8% 9% 13% 14% 13% 5% 7% 10% 9%

Shareholding Pattern

Numbers in percentages

7 Recently
Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
74.62% 74.91% 74.91% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
5.26% 5.16% 5.17% 5.31% 5.28% 5.44% 6.14% 6.90% 6.92% 6.90% 6.93% 6.90%
0.21% 0.21% 0.21% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
19.91% 19.72% 19.71% 19.68% 19.72% 19.57% 18.86% 18.10% 18.08% 18.10% 18.07% 18.10%
No. of Shareholders 7,4797,6308,1078,3898,5078,7358,4849,44410,09510,37711,13411,279

* 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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Documents

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