Systematic Industries Ltd
Incorporated in March 2000, Systematic Industries Limited operates in the steel wire industry, manufacturing and supplying steel wires and cables for power transmission, infrastructure, telecommunications, and agro-based sectors.[1]
- Market Cap ₹ 458 Cr.
- Current Price ₹ 205
- High / Low ₹ 206 / 186
- Stock P/E 24.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 20.6 %
- ROE 25.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 35.8% CAGR over last 5 years
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
Industrials Capital Goods Industrial Products Cables - Electricals
Part of BSE SME IPO
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 213 | 175 | 234 | 320 | 370 | 447 | |
| 204 | 169 | 225 | 307 | 346 | 412 | |
| Operating Profit | 9 | 6 | 9 | 13 | 24 | 35 |
| OPM % | 4% | 3% | 4% | 4% | 7% | 8% |
| 0 | 2 | 2 | 1 | 2 | 3 | |
| Interest | 2 | 2 | 4 | 4 | 7 | 8 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 4 |
| Profit before tax | 5 | 4 | 5 | 8 | 17 | 25 |
| Tax % | 26% | 25% | 26% | 25% | 25% | 26% |
| 4 | 3 | 4 | 6 | 12 | 18 | |
| EPS in Rs | 60.70 | 44.01 | 59.03 | 95.75 | 125.56 | 10.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 24% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 68% |
| TTM: | 49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 21% |
| Last Year: | 26% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.66 | 0.66 | 0.66 | 0.66 | 0.99 | 17 |
| Reserves | 36 | 39 | 43 | 49 | 61 | 64 |
| 25 | 29 | 36 | 62 | 79 | 99 | |
| 10 | 8 | 9 | 18 | 20 | 26 | |
| Total Liabilities | 73 | 77 | 89 | 130 | 162 | 206 |
| 10 | 13 | 11 | 27 | 26 | 61 | |
| CWIP | 0 | 0 | 0 | 0 | 21 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 63 | 65 | 78 | 104 | 115 | 144 | |
| Total Assets | 73 | 77 | 89 | 130 | 162 | 206 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -2 | 2 | -1 | -7 | 15 | 8 | |
| -0 | -4 | -2 | -15 | -24 | -20 | |
| 3 | 1 | 3 | 22 | 10 | 12 | |
| Net Cash Flow | 0 | -0 | 0 | 0 | 0 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 62 | 65 | 62 | 66 | 51 | 65 |
| Inventory Days | 21 | 38 | 30 | 36 | 43 | 42 |
| Days Payable | 14 | 15 | 12 | 18 | 17 | 14 |
| Cash Conversion Cycle | 69 | 88 | 80 | 85 | 78 | 92 |
| Working Capital Days | 52 | 72 | 62 | 43 | 31 | 32 |
| ROCE % | 9% | 12% | 13% | 19% | 21% |
Product Portfolio
a) Steel Wires[1][2]
- Carbon Steel Wire (MS Wire)
- High Carbon Wire (HC Wire)
- Galvanised Iron (GI) Wire
- Cable Armour Wire
- Aluminium Conductor Steel-Reinforced (ACSR Core) Wire
- Aluminium Clad Steel (ACS) Wire
- Zinc-Aluminium Alloy coated wires (Galvasys Wires)