Sree Rayalaseema Hi-Strength Hypo Ltd - Stock Valuation and Financial Performance

BSE: 532842 | NSE: SRHHYPOLTD | Chemicals | Small Cap

Sree Rayal.Hi-Strent Share Price

784.20 -7.60 -0.96%
as on 26-Dec'24 16:01

DeciZen - make an informed investing decision on Sree Rayal.Hi-Strent

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Sree Rayalaseema Hi-Strength Hypo stock performance -

mw4me loader
P/E Ratio (SA):
16.17
Market Cap:
1,359.1 Cr.
52-wk low:
439
52-wk high:
944

Is Sree Rayalaseema Hi-Strength Hypo Ltd an attractive stock to invest in?

1. Is Sree Rayalaseema Hi-Strength Hypo Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sree Rayalaseema Hi-Strength Hypo Ltd is a good quality company.

2. Is Sree Rayalaseema Hi-Strength Hypo Ltd undervalued or overvalued?

The key valuation ratios of Sree Rayalaseema Hi-Strength Hypo Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Sree Rayalaseema Hi-Strength Hypo Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Sree Rayalaseema Hi-Strength Hypo Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Sree Rayal.Hi-Strent:

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.
Sree Rayalaseema Hi-Strength Hypo Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 15.4%13.8%8%13.4%15%15.2%21.4%27%29%14.4%-
Value Creation
Index
0.10.0-0.40.00.10.10.50.91.10.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3923633665467026899111,2671,650866719
Sales YoY Gr.--7.4%0.8%49%28.6%-1.9%32.2%39.1%30.2%-47.5%-
Adj EPS 11.113.413.614.810.521.634.759.383.351.249
YoY Gr.-20.5%1.9%8.5%-28.6%105.2%60.5%71%40.5%-38.5%-
BVPS (₹) 116.7127.6150.7193.7189.5181.5226.1332.3437.6467.3510.3
Adj Net
Profit
16.319.721.124.118.137.159.51021438884
Cash Flow from Ops. 4314.8475.159.899.370.560.1131132-
Debt/CF from Ops. 25.81.215.30.90.50.90.30.10-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.2%4.3%-1.7%-47.5%
Adj EPS 18.6%37.2%13.9%-38.5%
BVPS16.7%19.8%27.4%6.8%
Share Price 32.4% 51.6% 34% 36.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
10.210.99.98.75.611.71721.321.711.310
Op. Profit
Mgn %
10.412.213.58.41414.814.311.710.912.814.7
Net Profit
Mgn %
4.25.45.84.42.65.46.588.710.211.7
Debt to
Equity
0.50.50.20.30.20.20.20000
Working Cap
Days
114125115929811092105105160146
Cash Conv.
Cycle
26393330384543464264131

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 13.89%

Return on Equity has declined versus last 3 years average to 10.00%

Sales growth has been subdued in last 3 years -1.67%

Sales growth is not so good in last 4 quarters at -37.65%

Latest Financials - Sree Rayalaseema Hi-Strength Hypo Ltd.

Standalone Consolidated
TTM EPS (₹) 49 46.7
TTM Sales (₹ Cr.) 719 719
BVPS (₹.) 510.3 509.5
Reserves (₹ Cr.) 859 857
P/BV 1.55 1.55
PE 16.17 16.97
From the Market
52 Week Low / High (₹) 438.95 / 943.95
All Time Low / High (₹) 10.85 / 950.80
Market Cap (₹ Cr.) 1,359
Equity (₹ Cr.) 17.2
Face Value (₹) 10
Industry PE 57.5

Management X-Ray of Sree Rayal.Hi-Strent:

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 Sree Rayal.Hi-Strent

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
Sales3923633665467026899111,2671,650866
Operating Expenses 3523193175006045877811,1191,470755
Manufacturing Costs52484866103101125120136141
Material Costs2151921913463973775478481,163479
Employee Cost 16141619212325293935
Other Costs 68666269838683122133100
Operating Profit 4144504698102130149180111
Operating Profit Margin (%) 10.4%12.2%13.5%8.4%14.0%14.8%14.3%11.7%10.9%12.8%
Other Income 2423247113524
Interest 14118916105354
Depreciation 10102519455051191911
Exceptional Items 7-1-41530000-11
Profit Before Tax 26261537424581137190109
Tax 67-4022820343628
Profit After Tax 1919183720386110315480
PAT Margin (%) 4.9%5.1%5.0%6.7%2.9%5.5%6.7%8.1%9.4%9.3%
Adjusted EPS (₹)13.212.711.922.511.922.135.359.989.946.9
Dividend Payout Ratio (%)11%12%13%9%17%11%9%6%4%6%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 172188233316325312388570751802
Share Capital 15151516171717171717
Reserves 157173218300308294371553734785
Minority Interest0000000000
Debt687350704640611980
Long Term Debt39272022611000
Short Term Debt284629484039611880
Trade Payables46243523422512777013
Others Liabilities 737246647597118212252155
Total Liabilities 3583573644724874735798781,081970

Fixed Assets

Gross Block293302314344389406405443434438
Accumulated Depreciation98107132150195244295313332342
Net Fixed Assets19419518219419416111013010295
CWIP 5280030000
Investments 232343105651850164268253
Inventories2522293737374014412632
Trade Receivables35533057888297132149107
Cash Equivalents 6615101586139113229334
Others Assets695656708885143195207149
Total Assets 3583573644724874735798781,081970

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 431547560997160131132
PBT 26261537424581137190109
Adjustment 2519319575852145-4
Changes in Working Capital -3-147-46-296-25-591556
Tax Paid -6-7-64-11-11-37-32-79-28
Cash Flow From Investing Activity -5-3-19-27-24-38-115-1-99-8
Capex -22-7-19-28-45-8-20-145-9
Net Investments 1740-121-31-999-10-12
Others 00010144-9414
Cash Flow From Financing Activity -39-12-1916-37-2210-52-20-22
Net Proceeds from Shares 00126600000
Net Proceeds from Borrowing -22-11-51-16-50000
Interest Paid 00-6-7-16-9-5-2-2-4
Dividend Paid -2-3-3-3-4-4-4-5-6-7
Others -151-1718-8-419-44-12-11
Net Cash Flow -108-6-140-35712103
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)12.0710.418.7313.336.3711.9117.3221.4523.3610.36
ROCE (%)15.413.818.0113.3914.9915.1521.422728.9514.43
Asset Turnover Ratio1.131.071.091.321.461.431.731.741.690.85
PAT to CFO Conversion(x)2.260.792.610.1432.611.160.580.851.65
Working Capital Days
Receivable Days27423929384536333154
Inventory Days24222422192015263033
Payable Days41415030303212192332

Sree Rayalaseema Hi-Strength Hypo Ltd Stock News

Sree Rayalaseema Hi-Strength Hypo Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sree Rayal.Hi-Strent on 26-Dec-2024 16:01 is ₹784.2.
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 16:01 the market cap of Sree Rayal.Hi-Strent stood at ₹1,359.1.
The latest P/E ratio of Sree Rayal.Hi-Strent as of 26-Dec-2024 16:01 is 16.17.
The latest P/B ratio of Sree Rayal.Hi-Strent as of 26-Dec-2024 16:01 is 1.55.
The 52-week high of Sree Rayal.Hi-Strent is ₹944.0 and the 52-week low is ₹438.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sree Rayal.Hi-Strent is ₹718.6 ( Cr.) .

About Sree Rayalaseema Hi-Strength Hypo Ltd

Sree Rayalaseema Hi-Strength Hypo, the torch bearer of the conglomerate, is the only Indian manufacturer of Calcium Hypochlorite, and one of the very few in the world. A state-of-the-art sodium process technology developed through in-house R&D efforts helps the company in manufacturing the product with a chlorine content of 65% to 70%.

Sree Rayalaseema Hi-Strength Hypo exports Calcium Hypochlorite to countries all across the globe viz., Australia, Bangladesh, Belgium, Brunei, China, Colombia, Cyprus, Durban, England, France, Germany, Hungary, Iran, Kenya, Korea, Malaysia, Mauritius, Netherlands, Oman, Peru, Philippines, Quatar, Sri Lanka, Saudi Arabia, Singapore, Tanzania, Thailand, USA, Vietnam etc. The Certificate of Merit awarded by CHEMEXCIL for outstanding export performance reinforces its status as a recognised export house. CODE OF CONDUCT 
  
Calcium Hypochlorite touches vital facets of human existence and is of proven importance in many areas of day-to-day activity. Sree Rayalaseema Hi-Strength Hypo has a distinctive edge in the manufacture of this product, thanks to the twin advantages of indigenous raw materials' availability and supply of some specialised chemicals by Sree Rayalaseema Alkalies and Allied Chemicals Ltd.

The company is also a front-ranking producer of Monochloro Acetic Acid. Manufactured by the scientific crystallizer technology, the product meets international quality standards. Monochloro Acetic Acid is used by all leading manufacturers of Non-Steroid Anti-Inflammatory Drugs, other pharmaceuticals, pesticides, organic chemicals etc.

Product range of the company includes:
  • Calcium Hypochlorite (Granules and Tablets) 
  • Stable Bleaching Powder 
  • Monochloro Acetic Acid 
  • Chlorosulphonic Acid 
  • Oleum 23% and 65% 
  • Bromine 
  • Battery and Commercial grades Sulphuric acid
Achievements/ recognition:
  • ISO 9002 certification 
  • ISI license 
  • DGS&D approved supplier 
  • Best Small Entrepreneur Award 

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