Simran Farms Ltd - Stock Valuation and Financial Performance

BSE: 519566 | NSE: | Agriculture | Small Cap

Simran Farms Share Price

186.75 1.85 1.00%
as on 26-Dec'24 16:59

DeciZen - make an informed investing decision on Simran Farms

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Simran Farms stock performance -

mw4me loader
P/E Ratio (SA):
12.30
Market Cap:
70.1 Cr.
52-wk low:
105.5
52-wk high:
269.7

Is Simran Farms Ltd an attractive stock to invest in?

1. Is Simran Farms Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Simran Farms Ltd is a average quality company.

2. Is Simran Farms Ltd undervalued or overvalued?

The key valuation ratios of Simran Farms Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Simran Farms Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Simran Farms Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Simran Farms:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Simran Farms Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 12%9.2%12.3%15.5%14.3%-63.5%60%23.8%9.4%3.8%-
Value Creation
Index
-0.1-0.3-0.10.10.0-5.53.30.7-0.3-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 444447410341320281322394367486613
Sales YoY Gr.-0.7%-8.3%-16.8%-6.2%-12.1%14.6%22.2%-6.8%32.6%-
Adj EPS 2.11.62.410.610.7-56.932.922.48.4-0.315
YoY Gr.--23.8%49.7%350.2%0.9%-633%NA-31.9%-62.3%-103.2%-
BVPS (₹) 41.242.746.256.667.21043.470.679.680.1103.6
Adj Net
Profit
0.80.60.944-21.612.58.53.2-0.16
Cash Flow from Ops. -12.9-16.83.89.516-710.6-2.4-6.88.2-
Debt/CF from Ops. -2.2-2.910.33.61.8-4.22.6-11.5-4.54.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1%8.7%14.7%32.6%
Adj EPS -179.8%-147.9%-120.2%-103.2%
BVPS7.7%3.6%22.7%0.6%
Share Price 28.5% 36.7% 1.2% 9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
5.13.75.320.617.2-147.3123.239.311.2-0.316.4
Op. Profit
Mgn %
1.31.62.33.13.1-9.37.82.81.80.41.4
Net Profit
Mgn %
0.20.10.21.21.3-7.73.92.20.9-00.9
Debt to
Equity
1.832.21.61.27.81.7111.20
Working Cap
Days
7394978874735852726934
Cash Conv.
Cycle
132532322411-5820212

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 14.73%

Sales growth is good in last 4 quarters at 47.51%

Return on Equity has declined versus last 3 years average to 16.40%

Net Profit has been subdued in last 3 years -120.17%

Debt to equity has increased versus last 3 years average to 1.16

Latest Financials - Simran Farms Ltd.

Standalone Consolidated
TTM EPS (₹) 15 15.2
TTM Sales (₹ Cr.) 613 613
BVPS (₹.) 103.6 105.7
Reserves (₹ Cr.) 35 36
P/BV 1.78 1.75
PE 12.30 12.13
From the Market
52 Week Low / High (₹) 105.50 / 269.65
All Time Low / High (₹) 0.55 / 273.00
Market Cap (₹ Cr.) 70.1
Equity (₹ Cr.) 3.8
Face Value (₹) 10
Industry PE 41.5

Management X-Ray of Simran Farms:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Simran Farms

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales444.01447.17410.03340.97319.92281.12322.08393.70366.96486.42
Operating Expenses 438.45440.08400.79330.48309.91307.37297.03382.65360.26484.55
Manufacturing Costs52.3048.7145.6537.0436.3532.6230.2232.6535.9649.97
Material Costs351.81356.94323.45264.30246.11248.84240.08318.90292.82396.17
Employee Cost 9.5510.6110.9911.9811.4511.7311.2012.1012.9215.68
Other Costs 24.7923.8120.6917.1516.0114.1715.5418.9918.5722.73
Operating Profit 5.567.099.2410.5010.01-26.2425.0511.056.701.87
Operating Profit Margin (%) 1.3%1.6%2.3%3.1%3.1%-9.3%7.8%2.8%1.8%0.4%
Other Income 0.160.030.220.310.050.260.350.150.312.26
Interest 3.434.786.093.381.871.201.771.932.081.89
Depreciation 1.762.0622.102.102.102.102.091.961.74
Exceptional Items 00000002.670.390
Profit Before Tax 0.530.291.375.336.09-29.2721.539.853.360.51
Tax -0.25-0.300.481.392.05-7.739.05-0.49-0.140.20
Profit After Tax 0.770.590.893.944.04-21.5412.4910.353.490.31
PAT Margin (%) 0.2%0.1%0.2%1.2%1.3%-7.7%3.9%2.6%1.0%0.1%
Adjusted EPS (₹)2.01.52.410.410.7-56.832.927.39.20.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 15.6116.2017.5321.4725.493.7916.4426.7830.1930.37
Share Capital 3.793.793.793.793.793.793.793.793.793.79
Reserves 11.8212.4113.7417.6821.70012.6522.9826.3926.57
Minority Interest0000000000
Debt27.0447.7637.5933.7929.1729.4727.5327.6029.6634.79
Long Term Debt6.624.870.710.851.521.900.200.200.840.33
Short Term Debt20.4242.9036.8832.9427.6527.5627.3327.3928.8234.46
Trade Payables79.2874.5057.4834.3342.5254.4940.6243.3551.9869.54
Others Liabilities 6.987.114.886.426.02-3.126.241.730.961.21
Total Liabilities 128.90145.57117.4896.01103.2184.6390.8299.45112.79135.92

Fixed Assets

Gross Block27.0231.1532.6038.1639.1740.4740.0743.9147.8149.18
Accumulated Depreciation10.8812.8714.8716.4018.4619.9821.2523.2725.1226.86
Net Fixed Assets16.1418.2817.7421.7720.7220.5018.8220.6422.6922.32
CWIP 1.05000000.69000
Investments 1.321.321.321.321.321.321.321.321.321.32
Inventories81.3795.4181.6055.4447.4438.8838.3050.0171.2583.48
Trade Receivables20.9320.5610.058.819.789.897.748.239.7813.34
Cash Equivalents 3.913.302.064.8520.2211.5019.0815.906.0312.12
Others Assets4.186.704.723.833.742.554.883.361.723.35
Total Assets 128.90145.57117.4896.01103.2184.6390.8299.45112.79135.92

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -12.86-16.793.779.5416.03-7.0310.57-2.43-6.768.15
PBT 0.530.291.375.336.09-29.2721.539.853.360.51
Adjustment 3.613.904.543.032.602.472.50-0.2222.53
Changes in Working Capital -16.92-20.89-1.892.428.9420.58-11.4-9.86-11.75.51
Tax Paid -0.08-0.10-0.25-1.25-1.60-0.81-2.07-2.20-0.41-0.40
Cash Flow From Investing Activity -5.22-2.72-1.48-6.24-1.06-1.85-1.08-0.45-3.59-1.36
Capex -4.38-4.22-1.46-6.23-1.06-1.85-1.08-0.55-3.60-1.37
Net Investments 0000000000
Others -0.831.50-0.02-0.010000.1000
Cash Flow From Financing Activity 20.4818.91-3.53-0.510.400.16-1.91-0.290.48-0.70
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 6.530.230000-1.710.010.63-0.51
Interest Paid -1.57-1.82-2.57-0.65-0.27-0.22-0.20-0.30-0.15-0.19
Dividend Paid 0000000000
Others 15.5220.49-0.960.140.670.380000
Net Cash Flow 2.40-0.61-1.242.7915.37-8.727.57-3.17-9.886.09
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)5.023.685.2920.2117.19-147.14123.4547.8812.261.03
ROCE (%)11.999.2312.2715.5414.34-63.4759.9723.829.443.81
Asset Turnover Ratio4.093.263.123.193.212.993.674.143.463.91
PAT to CFO Conversion(x)-16.7-28.464.242.423.97N/A0.85-0.23-1.9426.29
Working Capital Days
Receivable Days14171410111310799
Inventory Days56727973595644416058
Payable Days70797463577172485956

Simran Farms Ltd Stock News

Simran Farms Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Simran Farms on 26-Dec-2024 16:59 is ₹186.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Dec-2024 16:59 the market cap of Simran Farms stood at ₹70.11.
The latest P/E ratio of Simran Farms as of 26-Dec-2024 16:59 is 12.30.
The latest P/B ratio of Simran Farms as of 26-Dec-2024 16:59 is 1.78.
The 52-week high of Simran Farms is ₹269.6 and the 52-week low is ₹105.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Simran Farms is ₹612.9 ( Cr.) .

About Simran Farms Ltd

Simran Farms was incorporated on October 26, 1984 and started its production in February, 25 1990 as a private limited company; and was converted into a public limited company with effect from September 2, 1993. The Certificate from Registrar of Companies giving effect of conversion to Public Limited Company was received on October 15, 1993 with effect from September 2, 1993.

The company is an existing profit making dividend paying company with installed capacity of 12,000 grower birds and 22,500 layer birds for the purposes of producing hatching eggs. Looking at the growth potential, the company is embarking upon expanding programme for increasing the capacity of grower birds to 36,000 and layer birds to 72,000 per annum for the purpose of expanding the capacity from 3.37 million poultry hatching eggs to 14.17 million poultry hatching eggs p.a. The company was in the process of identifying suitable land with necessary infrastructure for putting up the project, due to which the company could not go ahead with the project however after identifying the land the company immediately implemented the project and started the commercial production from February 1990. Further, the company has not faced any labour problems/litigation defaults and there was no closure.

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