BSE: 0 | NSE: SDREAMS | Textile |
Past 10 year's financial track record analysis by Moneyworks4me indicates that SD Retail Ltd is a average quality company.
The key valuation ratios of SD Retail Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of SD Retail Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 7.9% | 32.6% | 15.1% | 18.9% | - |
| Value Creation Index ⓘ | -0.4 | 1.3 | 0.1 | 0.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 96.2 | 129 | 135 | 163 | 163 |
| Sales YoY Gr. | - | 33.6% | 5.1% | 20.3% | - |
| Adj EPS ⓘ | 0.3 | 7.3 | 3.1 | 5.4 | 4.1 |
| YoY Gr. | - | 2719.2% | -57.7% | 74.2% | - |
| BVPS (₹) ⓘ | 14.4 | 21.7 | 24.9 | 30.4 | 63.7 |
| Adj Net Profit ⓘ | 0.4 | 10.1 | 4.3 | 7.4 | 8 |
| Cash Flow from Ops. ⓘ | 8.4 | -2.5 | 1.1 | -12.2 | - |
| Debt/CF from Ops. ⓘ | 1.6 | -7.3 | 18.3 | -3.6 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 19.1% | 20.3% | ||||
| Adj EPS ⓘ | NA | NA | 174.9% | 74.2% | ||||
| BVPSⓘ | NA | NA | 28.3% | 22.2% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 1.8 | 40.6 | 13.3 | 19.6 | 8.6 |
| Op. Profit Mgn % ⓘ | 3.2 | 10.8 | 5.9 | 8.5 | NAN |
| Net Profit Mgn % ⓘ | 0.4 | 7.9 | 3.2 | 4.6 | 4.7 |
| Debt to Equity ⓘ | 0.7 | 0.6 | 0.6 | 1 | - |
| Working Cap Days ⓘ | 0 | 185 | 213 | 221 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 119 | 142 | 156 | 0 |
Sales growth is growing at healthy rate in last 3 years 19.10%
Net Profit is growing at healthy rate in last 3 years 174.88%
Return on Equity has declined versus last 3 years average to 8.60%
Debt to equity has increased versus last 3 years average to 1.04
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 4.1 | - |
| TTM Sales (₹ Cr.) | 163 | - |
| BVPS (₹.) ⓘ | 63.7 | - |
| Reserves (₹ Cr.) ⓘ | 101 | - |
| P/BV ⓘ | 2.77 | - |
| PE ⓘ | 43.47 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 330 |
| Equity (₹ Cr.) | 18.7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 29.6 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 96 | 129 | 135 | 163 |
| Operating Expenses ⓘ | 93 | 115 | 127 | 149 |
| Manufacturing Costs | 9 | 14 | 15 | 13 |
| Material Costs | 50 | 57 | 67 | 76 |
| Employee Cost | 10 | 13 | 15 | 15 |
| Other Costs ⓘ | 24 | 31 | 30 | 45 |
| Operating Profit ⓘ | 3 | 14 | 8 | 14 |
| Operating Profit Margin (%) | 3.2% | 10.8% | 5.9% | 8.5% |
| Other Income ⓘ | 0 | 0 | 1 | 1 |
| Interest ⓘ | 2 | 2 | 2 | 3 |
| Depreciation ⓘ | 1 | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 12 | 6 | 10 |
| Tax ⓘ | 0 | 2 | 2 | 3 |
| Profit After Tax | 0 | 10 | 4 | 8 |
| PAT Margin (%) | 0.4% | 7.9% | 3.2% | 4.7% |
| Adjusted EPS (₹) | 0.3 | 7.4 | 3.1 | 5.5 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 20 | 30 | 34 | 42 | ||||||
| Share Capital ⓘ | 1 | 1 | 1 | 1 | ||||||
| Reserves ⓘ | 19 | 29 | 34 | 41 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 14 | 18 | 21 | 44 | ||||||
| Long Term Debt | 0 | 0 | 0 | 0 | ||||||
| Short Term Debt | 14 | 18 | 21 | 44 | ||||||
| Trade Payables | 17 | 19 | 21 | 19 | ||||||
| Others Liabilities ⓘ | 10 | 9 | 13 | 17 | ||||||
| Total Liabilities ⓘ | 60 | 77 | 88 | 122 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 9 | 10 | 10 | 13 | ||||||
| Accumulated Depreciation | 6 | 7 | 7 | 8 | ||||||
| Net Fixed Assetsⓘ | 3 | 3 | 3 | 5 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 16 | 23 | 26 | 26 | ||||||
| Trade Receivables | 38 | 48 | 52 | 81 | ||||||
| Cash Equivalents | 1 | 1 | 1 | 4 | ||||||
| Others Assetsⓘ | 3 | 3 | 6 | 5 | ||||||
| Total Assets ⓘ | 60 | 77 | 88 | 122 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 8 | -3 | 1 | -12 |
| PBT ⓘ | 0 | 12 | 6 | 10 |
| Adjustment ⓘ | 3 | 2 | 3 | 4 |
| Changes in Working Capital ⓘ | 5 | -15 | -6 | -24 |
| Tax Paid ⓘ | 0 | -2 | -2 | -3 |
| Cash Flow From Investing Activity ⓘ | 1 | -1 | -1 | -5 |
| Capex | -1 | -1 | -1 | -3 |
| Net Investments | -1 | 0 | 0 | 0 |
| Others ⓘ | 2 | 0 | 0 | -2 |
| Cash Flow From Financing Activityⓘ | -9 | 3 | 0 | 20 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -2 | -2 | -2 | -3 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | -7 | 5 | 2 | 23 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 3 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 1.88 | 40.69 | 13.42 | 19.99 | ||||||
| ROCE (%) | 7.92 | 32.63 | 15.13 | 18.86 | ||||||
| Asset Turnover Ratio | 1.6 | 1.87 | 1.64 | 1.55 | ||||||
| PAT to CFO Conversion(x) | N/A | -0.3 | 0.25 | -1.5 | Working Capital Days | |||||
| Receivable Days | 144 | 122 | 135 | 150 | ||||||
| Inventory Days | 59 | 55 | 66 | 58 | ||||||
| Payable Days | 123 | 115 | 109 | 95 | ||||||
SD Retail Limited was originally incorporated as ‘S D Retail Private Limited’ under the provisions of the Companies Act 1956 pursuant to Certificate of Incorporation dated May 14, 2004 issued by Registrar of Companies, Mumbai, Maharashtra. Further, the registered office of the company was shifted from Mumbai, Maharashtra to Ahmedabad, Gujarat with effect from February 9, 2009. Subsequently, the company was converted into Public Limited Company and name of company was changed from ‘S D Retail Private Limited’ to ‘S D Retail Limited’ vide fresh certificate of incorporation dated June 19, 2024 issued by the Registrar of Companies, Central Registration Centre.
SD Retail is in the business of designing, manufacturing, outsourcing, marketing, and retailing sleepwear under the brand name ‘SWEET DREAMS’. SWEET DREAMS is a sleepwear-focused company offering a wide portfolio of stylish and comfortable sleepwear for the entire family, celebrating the transition from work to home life and catering to every aspect of downtime. The combination of comfort, style, and functionality places SWEET DREAMS in a unique position within a habit-forming apparel category, where its clothes are worn daily by its customers in similar time-ranges. This brand is targeted primarily at the modern Indian woman’s sleepwear requirements since she is most engaged with this category across various retail channels. In addition, it also sells sleepwear for men and kids, whose casual clothes are predominantly purchased by the women in the house. The company offers one of the widest portfolios of sleepwear products among apparel retailers in India in terms of fabrics, colours, and styles. The company’s sleepwear products include Pyjamas, Night Sets, Nighties, T-shirts, etc. It designs its products to cater to men and women across all age groups including kids (from age 2 Year to 16 Year) and fits that are suitable to various body types and physiques. In addition, it is in adjacent categories such as loungewear, workout wear, athleisure, and work leisure pants.
The company has constructed well-established infrastructural facility and manufacturing unit that is equipped with all the necessary machines and tools that are required for a modern manufacturing unit. Machinery that is equipped in its infrastructure is operated by its highly experienced team of professionals. Backed by sound manufacturing facility, it is capable of undertaking bulk requirements of its clients and deliver within stipulated time schedule. Also, majority of its manufacturing is outsourced to the Job workers (on contract manufacturing basis) who manufacture products as per the design and requirement of the company. The Contract manufacturing enables it to cater bulk orders and deliver the products to its customers on time. It achieves varied price points through its two product lines: Essentials and Fashion. Its Essentials product line is characterized by limited print or design, is relatively insulated from changes in fashion trends, lower ASPs, high repeat purchases and is sold throughout the year. Its Fashion product line on the other hand is characterized by seasonal designs, low repeat purchases, higher ASPs and is sold seasonally (Autumn/Winter and summer seasons).
Business area of the company
The Company is engaged in the business of manufacturing and sale of Garments and its accessories.
History and milestones
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
