Shree Ram Proteins Ltd
Incorporated in 2008, Shree Ram Proteins Ltd is in the business of edible oil and solvent extraction from all types of agro[1]
- Market Cap ₹ 47.1 Cr.
- Current Price ₹ 1.10
- High / Low ₹ 11.3 / 0.95
- Stock P/E
- Book Value ₹ 1.27
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 7.11 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.87 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -12.7%
- The company has delivered a poor sales growth of -3.60% over past five years.
- Promoter holding is low: 4.31%
- Company has a low return on equity of 7.27% 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: Edible Oil Industry: Solvent Extraction
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
75.41 | 80.66 | 174.44 | 183.26 | 157.57 | 195.40 | 158.14 | 155.90 | 152.56 | 287.80 | 162.68 | 76.77 | |
72.32 | 80.05 | 166.53 | 176.48 | 151.29 | 187.67 | 149.10 | 148.13 | 146.78 | 274.94 | 152.17 | 72.51 | |
Operating Profit | 3.09 | 0.61 | 7.91 | 6.78 | 6.28 | 7.73 | 9.04 | 7.77 | 5.78 | 12.86 | 10.51 | 4.26 |
OPM % | 4.10% | 0.76% | 4.53% | 3.70% | 3.99% | 3.96% | 5.72% | 4.98% | 3.79% | 4.47% | 6.46% | 5.55% |
0.05 | 0.17 | 0.23 | 0.31 | 0.23 | 0.13 | 0.24 | 0.52 | 0.12 | 0.76 | 0.05 | 0.35 | |
Interest | 0.00 | 0.00 | 4.74 | 4.34 | 3.92 | 3.55 | 3.54 | 3.61 | 3.79 | 4.49 | 4.29 | 3.75 |
Depreciation | 2.34 | 0.67 | 2.20 | 2.00 | 1.63 | 1.42 | 1.29 | 1.17 | 1.01 | 0.90 | 0.99 | 0.92 |
Profit before tax | 0.80 | 0.11 | 1.20 | 0.75 | 0.96 | 2.89 | 4.45 | 3.51 | 1.10 | 8.23 | 5.28 | -0.06 |
Tax % | 20.00% | 18.18% | -14.17% | 33.33% | 30.21% | 37.37% | 24.72% | 25.64% | 23.64% | 25.52% | 27.27% | |
0.64 | 0.08 | 1.36 | 0.51 | 0.67 | 1.81 | 3.34 | 2.61 | 0.84 | 6.14 | 3.85 | -0.23 | |
EPS in Rs | 0.05 | 0.01 | 0.11 | 0.02 | 0.02 | 0.04 | 0.08 | 0.06 | 0.02 | 0.14 | 0.09 | -0.01 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | 1% |
TTM: | -71% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 14% |
TTM: | -104% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -27% |
3 Years: | -44% |
1 Year: | -90% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6.25 | 6.25 | 6.25 | 15.00 | 15.00 | 21.42 | 21.42 | 21.42 | 21.42 | 21.42 | 21.42 | 21.42 |
Reserves | 0.76 | 0.84 | 3.26 | 3.77 | 4.43 | 18.14 | 21.48 | 23.81 | 24.66 | 30.81 | 34.65 | 32.96 |
31.85 | 37.40 | 55.32 | 49.88 | 47.23 | 46.67 | 41.98 | 39.53 | 43.73 | 42.51 | 36.94 | 37.17 | |
3.19 | 4.28 | 39.18 | 15.24 | 21.09 | 26.35 | 11.96 | 16.08 | 10.29 | 21.31 | 13.07 | 14.99 | |
Total Liabilities | 42.05 | 48.77 | 104.01 | 83.89 | 87.75 | 112.58 | 96.84 | 100.84 | 100.10 | 116.05 | 106.08 | 106.54 |
17.69 | 20.41 | 14.91 | 13.02 | 11.46 | 10.59 | 9.56 | 8.40 | 7.41 | 6.77 | 6.97 | 5.98 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
24.36 | 28.36 | 89.10 | 70.87 | 76.29 | 101.99 | 87.28 | 92.44 | 92.69 | 109.28 | 99.06 | 100.56 | |
Total Assets | 42.05 | 48.77 | 104.01 | 83.89 | 87.75 | 112.58 | 96.84 | 100.84 | 100.10 | 116.05 | 106.08 | 106.54 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
9.44 | 1.17 | 6.41 | -13.71 | 8.48 | 5.40 | 0.86 | 36.27 | -20.20 | |||
0.15 | -0.08 | -0.06 | -1.12 | -0.06 | 0.46 | -0.01 | -0.24 | -1.24 | |||
-10.66 | -1.03 | -6.57 | 15.17 | -8.15 | -5.79 | -0.60 | -5.69 | -9.85 | |||
Net Cash Flow | -1.06 | 0.06 | -0.22 | 0.35 | 0.27 | 0.06 | 0.25 | 30.33 | -31.29 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 17.67 | 14.39 | 121.65 | 74.13 | 87.77 | 98.42 | 85.86 | 120.15 | 103.91 | 10.12 | 62.44 |
Inventory Days | 64.71 | 66.17 | 89.61 | 94.81 | 121.44 | 98.97 | 121.47 | 84.60 | 95.77 | ||
Days Payable | 62.99 | 27.91 | 48.97 | 46.27 | 26.94 | 35.88 | 23.34 | 25.21 | 20.13 | ||
Cash Conversion Cycle | 17.67 | 14.39 | 123.37 | 112.39 | 128.41 | 146.97 | 180.36 | 183.24 | 202.03 | 69.51 | 138.07 |
Working Capital Days | 84.27 | 84.89 | 103.51 | 109.48 | 125.55 | 140.12 | 172.04 | 177.47 | 195.18 | 72.00 | 192.75 |
ROCE % | 0.26% | 7.63% | 7.21% | 8.42% | 9.34% | 8.39% | 5.60% | 13.78% | 10.19% |
Business Overview:[1][2]
Company is involved in cotton seed extraction and does trading of cotton bales, cotton seed cakes, oil rice bran, soya beans and occasionally mustard seeds, etc. It does delinting and dehulling of cotton seeds by mechanical process, oil extraction from cotton seeds and solvent extraction from cotton seeds oil cake and ground nuts