Srivari Spices & Foods Ltd

Srivari Spices & Foods Ltd

₹ 328 5.00%
28 May - close price
About

Incorporated in 2019, Srivari Spices and Foods Limited is engaged in the business of manufacturing and marketing spices and flour (chakki atta) across Andhra Pradesh and Telangana.[1]

Key Points

Product Portfolio[1]
Diverse range of spices, Masala, and Atta

  • Market Cap 234 Cr.
  • Current Price 328
  • High / Low 418 / 102
  • Stock P/E 74.8
  • Book Value 26.9
  • Dividend Yield 0.00 %
  • ROCE 35.0 %
  • ROE 44.4 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%

Cons

  • Stock is trading at 12.2 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 85.8 to 117 days.
  • Working capital days have increased from 87.3 days to 172 days

* 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: FMCG Industry: Food - Processing - Indian

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Half Yearly Results

Figures in Rs. Crores

Sep 2022 Sep 2023
12.28 30.95
10.99 25.83
Operating Profit 1.29 5.12
OPM % 10.50% 16.54%
0.00 0.00
Interest 0.20 0.93
Depreciation 0.35 0.36
Profit before tax 0.74 3.83
Tax % 28.38% 31.85%
0.54 2.61
EPS in Rs 3.65
Raw PDF
Upcoming result date: today

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.19 11.40 17.60 35.81
0.21 10.59 15.96 29.93
Operating Profit -0.02 0.81 1.64 5.88
OPM % -10.53% 7.11% 9.32% 16.42%
0.00 0.00 0.00 0.01
Interest 0.00 0.00 0.11 0.86
Depreciation 0.06 0.34 0.52 0.70
Profit before tax -0.08 0.47 1.01 4.33
Tax % 0.00% 27.66% 27.72% 27.71%
-0.08 0.35 0.73 3.13
EPS in Rs 6.26
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 473%
TTM: 103%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 245%
TTM: 329%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 29%
Last Year: 44%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1.88 4.02 4.02 5.00 7.14
Reserves -0.08 0.25 0.97 4.10 12.08
0.00 0.00 2.77 12.83 12.34
0.42 2.00 2.91 3.76 9.07
Total Liabilities 2.22 6.27 10.67 25.69 40.63
1.58 3.20 4.46 4.86 4.76
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00
0.64 3.07 6.21 20.83 35.87
Total Assets 2.22 6.27 10.67 25.69 40.63

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.17 -1.10 -9.15
-1.95 -1.78 -1.10
2.14 2.68 10.21
Net Cash Flow 0.02 -0.21 -0.04

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0.00 54.43 85.65 117.32
Inventory Days 146.00 40.56 49.26 120.70
Days Payable 1,022.00 77.93 57.34 36.18
Cash Conversion Cycle -876.00 17.06 77.57 201.84
Working Capital Days -153.68 24.01 65.95 171.95
ROCE % 15.49% 18.62% 34.96%

Shareholding Pattern

Numbers in percentages

4 Recently
Mar 2024
69.94%
30.06%
No. of Shareholders 547

Documents