Srivasavi Adhesive Tapes Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: SRIVASAVI | Plastic Products | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Srivasavi Adhesive

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Semi Strong

Srivasavi Adhesive Tapes stock performance -

mw4me loader
P/E Ratio (SA):
29.52
Market Cap:
152 Cr.
52-wk low:
0
52-wk high:
0

Is Srivasavi Adhesive Tapes Ltd an attractive stock to invest in?

1. Is Srivasavi Adhesive Tapes Ltd a good quality company?

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

2. Is Srivasavi Adhesive Tapes Ltd undervalued or overvalued?

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

3. Is Srivasavi Adhesive Tapes Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Srivasavi Adhesive Tapes Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Srivasavi Adhesive:

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.
Srivasavi Adhesive Tapes 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'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 7.6%15.8%14.8%16.4%13.6%24.9%26%37.9%23.1%21.7%-
Value Creation
Index
-0.50.10.10.20.00.80.91.70.70.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1417.121.224.335.84655.363.459.277.377
Sales YoY Gr.-22%24%14.8%47.1%28.7%20.1%14.8%-6.7%30.7%-
Adj EPS 0.30.10.20.20.31.21.93.42.53.63.6
YoY Gr.--76.9%183.3%-5.9%56.3%368%59%82.8%-25.9%42.9%-
BVPS (₹) 1.92.22.22.63.156.810.520.323.923.9
Adj Net
Profit
0.20.10.20.20.31.21.93.53.65.15
Cash Flow from Ops. 001.1002.85-1.9-0.1-0.5-
Debt/CF from Ops. 003.7002.10.8-3.1-18.3-4.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 20.9%16.7%11.9%30.7%
Adj EPS 33.9%70.5%24.6%42.9%
BVPS32.6%50.1%52%17.9%
Share Price - - - -29.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
14.63.18.86.68.628.931.639.21816.315.2
Op. Profit
Mgn %
34.53.13.23.765.59.19.510NAN
Net Profit
Mgn %
1.50.30.80.70.72.63.55.666.66.7
Debt to
Equity
2.62.51.8221.10.60.60.10.1-
Working Cap
Days
12412579120118114991021681680
Cash Conv.
Cycle
4,2677429565043273265710

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 11.85%

Net Profit is growing at healthy rate in last 3 years 24.62%

Return on Equity has declined versus last 3 years average to 15.20%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Srivasavi Adhesive Tapes Ltd.

Standalone Consolidated
TTM EPS (₹) 3.6 -
TTM Sales (₹ Cr.) 77.3 -
BVPS (₹.) 23.9 -
Reserves (₹ Cr.) 20 -
P/BV 4.49 -
PE 29.52 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 152
Equity (₹ Cr.) 14.2
Face Value (₹) 10
Industry PE 43

Management X-Ray of Srivasavi Adhesive:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Srivasavi Adhesive

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22Mar'23Mar'24
Sales14172124364655635977
Operating Expenses 14162024344352585470
Manufacturing Costs0122245122
Material Costs0131518283541474256
Employee Cost 0111223567
Other Costs 13122222434
Operating Profit 0111133668
Operating Profit Margin (%) 3.0%4.5%3.1%3.2%3.7%6.0%5.5%9.1%9.5%10.0%
Other Income 0011100010
Interest 0111010010
Depreciation 0000111111
Exceptional Items 0000000000
Profit Before Tax 0001123557
Tax 0000011112
Profit After Tax 0000112445
PAT Margin (%) 1.5%1.4%1.2%1.8%1.6%2.6%3.5%5.7%6.1%6.7%
Adjusted EPS (₹)0.30.30.30.40.51.21.93.52.63.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1223357112934
Share Capital 111111111414
Reserves 1111246101520
Minority Interest0000000000
Debt4445754612
Long Term Debt1112110410
Short Term Debt3334553302
Trade Payables223478109911
Others Liabilities 0001112122
Total Liabilities 791013182023274149

Fixed Assets

Gross Block23334810111217
Accumulated Depreciation0000034456
Net Fixed Assets22334566712
CWIP 0000000000
Investments 0000000000
Inventories222345481013
Trade Receivables34459910101217
Cash Equivalents 0000002000
Others Assets00011112127
Total Assets 791013182023274149

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0010035-20-1
PBT 0000023557
Adjustment 0010011111
Changes in Working Capital 00-000-02-7-4-6
Tax Paid 000000-1-1-2-2
Cash Flow From Investing Activity 00-100-1-2-1-90
Capex 00-100-1-20-3-4
Net Investments 0000000-1-74
Others 0000000000
Cash Flow From Financing Activity 00000-2-2291
Net Proceeds from Shares 00000000140
Net Proceeds from Borrowing 00000000-2-1
Interest Paid 00-100-10000
Dividend Paid 0000000000
Others 00000-1-22-22
Net Cash Flow 0000001-200
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)14.5714.7512.8717.0518.5928.8631.6240.2118.2516.44
ROCE (%)7.6215.7814.7616.3713.6124.9325.9637.9423.0921.69
Asset Turnover Ratio2.282.133.222.172.372.422.572.551.731.71
PAT to CFO Conversion(x)N/AN/AN/AN/A032.5-0.50-0.2
Working Capital Days
Receivable Days72805273737365597068
Inventory Days41392435343528345555
Payable Days4,321546167717982747665

Srivasavi Adhesive Tapes Ltd Stock News

Srivasavi Adhesive Tapes Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Srivasavi Adhesive on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Srivasavi Adhesive stood at ₹151.9.
The latest P/E ratio of Srivasavi Adhesive as of 01-Jan-1970 05:30 is 29.52.
The latest P/B ratio of Srivasavi Adhesive as of 01-Jan-1970 05:30 is 4.49.
The 52-week high of Srivasavi Adhesive is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Srivasavi Adhesive is ₹77.33 ( Cr.) .

About Srivasavi Adhesive Tapes Ltd

Srivasavi Adhesive Tapes is an ISO 9001:2015 certified company certified by TUV Nord and it has two business divisions (i) domestic sales; and (ii) exports. It has presence in many states for its domestic market sales. Internationally it supplies products in various countries such as Egypt, France, Indonesia, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Sri Lanka, United State of America and UAE.

The company’s manufacturing facilities are well equipped with the required facilities including machinery, other handling equipment’s to facilitate smooth manufacturing process and easy logistics. It endeavours to maintain safety in its premises by adhering to key safety norms, established through its internal health and safety manual, accompanied by regular safety meetings. It is also engaged in manufacturing of its products for third party customers and the same is supplied according to their specific branding requirements. It generally doesn’t enter into a purchase agreement with them but manufacture the same on the basis of specifications received on purchase order.

Business area of the company

The company is engaged in manufacturing/ coating, converting and Die cuts of industrial Specialty self-adhesive tapes. The company does customized die cutes of Films, Foams and allied products catering to various industries such as Automotive, Locomotives, Aerospace, Defence, Electrical & Electronics, Renewable Energy, Print & Paper, Food & Pharma, FMCG, White & Brown Goods, Furniture, Retail, Construction, Infrastructure, Sports & Fitness Equipment, Textiles & Leather Industries serves wide range of pressure sensitive adhesive tapes, BOPP tapes, Eco Friendly paper Tapes, Filament tapes, Double Side tapes, Packaging tapes, Specialty Protection tapes, Surface Protection tapes, Masking tapes, Specialty Foams/ Films.

History and milestones

  • 2010: Incorporation of the company as private limited company.
  • 2012: ISO 9001:2015 in accordance with TUV Nord.
  • 2017: Awarded with Sir M. Visvesvaraya Manufacturing Excellence Award 2017 (District Category).
  • 2018: FKCCI Award.
  • 2020: Kassai Founders Day Awards in 2020 - 2021for Existing Industry with New Innovative Products.
  • 2022: Awarded with Best District Export Award 2022 - 17th Edition Export Excellence Awards.
  • 2022: Conversion of the company from Private Limited to Public Limited Company.
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