Suraj Estate Developers Ltd
Incorporated in 1986, Suraj Estate Developers Limited is a real estate construction company that develops residential and commercial real estate in the South Central Mumbai region.[1]
- Market Cap ₹ 1,689 Cr.
- Current Price ₹ 381
- High / Low ₹ 384 / 256
- Stock P/E 52.6
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 22.2 %
- ROE 58.0 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 55.9%
Cons
- Company has low interest coverage ratio.
- Company's cost of borrowing seems high
* 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: Realty Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 35 | 87 | 240 | 273 | 306 | |
| -20 | 20 | 153 | 141 | 155 | |
| Operating Profit | 54 | 67 | 87 | 132 | 151 |
| OPM % | 157% | 77% | 36% | 48% | 49% |
| 1 | 2 | 4 | 1 | 2 | |
| Interest | 53 | 64 | 79 | 93 | 107 |
| Depreciation | 1 | 2 | 2 | 4 | 3 |
| Profit before tax | 2 | 2 | 9 | 36 | 43 |
| Tax % | 25% | 35% | 31% | 27% | 26% |
| 2 | 2 | 6 | 27 | 32 | |
| EPS in Rs | 2.36 | 2.18 | 9.26 | 7.93 | 9.67 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 52% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 182% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 56% |
| Last Year: | 58% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 16 | 16 |
| Reserves | 15 | 17 | 23 | 23 | 56 |
| 375 | 500 | 603 | 649 | 593 | |
| 201 | 186 | 160 | 175 | 278 | |
| Total Liabilities | 597 | 710 | 792 | 864 | 943 |
| 6 | 22 | 21 | 18 | 16 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 0 | 9 |
| 591 | 688 | 770 | 846 | 918 | |
| Total Assets | 597 | 710 | 792 | 864 | 943 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| -53 | -32 | -15 | 70 | 189 | |
| -4 | -15 | -7 | -21 | -27 | |
| 59 | 45 | 27 | -45 | -156 | |
| Net Cash Flow | 2 | -2 | 5 | 4 | 6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 310 | 177 | 123 | 125 | 135 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 310 | 177 | 123 | 125 | 135 |
| Working Capital Days | 3,992 | 2,073 | 896 | 853 | 707 |
| ROCE % | 15% | 15% | 20% | 22% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 24 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 24 Apr
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 22 Apr
- Compliance Certificate Pursuant To Regulation 40(9) And 40(10) Of SEBI Listing Regulations, 2015 16 Apr
- Announcement under Regulation 30 (LODR)-Change in Management 12 Apr
Concalls
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Feb 2024TranscriptNotesPPT
Property Portfolio[1] SEDL has land parcels located at Bandra (West) and Santacruz (East) for future development. As of October 31, 2023, they have land reserves of 10,359.77 sq. meters (Land parcels admeasuring 9,631.35 sq. meters situated at Bandra (West), and land parcels admeasuring 728.42 sq. meters located at Santacruz (East).