BSE: 526117 | NSE: | Construction - Real Estate | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Shervani Industrial Syndicate Ltd is a average quality company.
The key valuation ratios of Shervani Industrial Syndicate Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shervani Industrial Syndicate Ltd is likely to Fall 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'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -1.7% | 3.5% | 30.5% | 54.9% | 58.5% | 35.3% | 7.2% | -3.7% | 4.9% | 33.6% | - |
| Value Creation Index ⓘ | -1.1 | -0.8 | 1.2 | 2.9 | 3.2 | 1.5 | -0.5 | -1.3 | -0.7 | 1.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 0 | 28.4 | 41.8 | 87.3 | 73.1 | 87.4 | 27.5 | 4.3 | 21.6 | 138 | 64 |
| Sales YoY Gr. | - | NA | 47.2% | 109% | -16.3% | 19.6% | -68.5% | -84.4% | 401.4% | 539.2% | - |
| Adj EPS ⓘ | -5.3 | 4.9 | 86.3 | 79.7 | 104.4 | 72.6 | 25.6 | -10.1 | 10.8 | 109.6 | 14.3 |
| YoY Gr. | - | NA | 1679.4% | -7.7% | 30.9% | -30.5% | -64.7% | -139.5% | NA | 911% | - |
| BVPS (₹) ⓘ | 112.9 | 115.9 | 162.4 | 202.1 | 210.9 | 236.3 | 263.1 | 253.1 | 262.2 | 358.4 | 337.1 |
| Adj Net Profit ⓘ | -1.7 | 1.6 | 28.1 | 24.8 | 32.5 | 19.6 | 6.9 | -2.7 | 2.9 | 28.2 | 4 |
| Cash Flow from Ops. ⓘ | -2.8 | 1.7 | 15.4 | 25.9 | 24.8 | -13 | 5.2 | 0.9 | 6.4 | -8.8 | - |
| Debt/CF from Ops. ⓘ | -3.9 | 4.8 | 0.1 | 0.3 | 0.3 | -0.4 | 0.7 | 11.9 | 0.1 | -3.6 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | 13.5% | 71.1% | 539.2% | ||||
| Adj EPS ⓘ | NA | 1% | 62.4% | 911% | ||||
| BVPSⓘ | 13.7% | 11.2% | 10.9% | 36.7% | ||||
| Share Price | 13.2% | 0.2% | 26.7% | -2.6% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -0.9 | 0.8 | 14.5 | 13.3 | 19.8 | 13.7 | 5.2 | -2.1 | 2.3 | 21.8 | 4.1 |
| Op. Profit Mgn % ⓘ | 0 | 6.1 | 24.7 | 37.8 | 58.1 | 28.1 | 17.4 | -72 | 14.8 | 21.5 | 6.7 |
| Net Profit Mgn % ⓘ | 0 | 5.6 | 67.4 | 28.5 | 44.5 | 22.4 | 25.1 | -63.5 | 13.6 | 20.5 | 5.7 |
| Debt to Equity ⓘ | 0.3 | 0.2 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0 | 0.3 | 0.2 |
| Working Cap Days ⓘ | 0 | 2,165 | 1,460 | 682 | 807 | 631 | 1,912 | 13,891 | 3,234 | 476 | 382 |
| Cash Conv. Cycle ⓘ | 0 | 2,009 | 1,389 | 629 | 714 | 585 | 1,796 | 13,220 | 3,071 | 444 | 268 |
Sales growth is growing at healthy rate in last 3 years 71.08%
Net Profit is growing at healthy rate in last 3 years 62.39%
Sales growth is good in last 4 quarters at 238.95%
Return on Equity has declined versus last 3 years average to 4.10%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 14.3 | 14.4 |
| TTM Sales (₹ Cr.) | 64.5 | 69 |
| BVPS (₹.) ⓘ | 337.1 | 418.3 |
| Reserves (₹ Cr.) ⓘ | 91 | 105 |
| P/BV ⓘ | 1.47 | 1.18 |
| PE ⓘ | 34.63 | 34.35 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 469.30 / 800.00 |
| All Time Low / High (₹) | 10.00 / 1195.00 |
| Market Cap (₹ Cr.) | 127 |
| Equity (₹ Cr.) | 2.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 80.9 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 28 | 42 | 87 | 73 | 87 | 28 | 4 | 22 | 138 |
| Operating Expenses ⓘ | 2 | 28 | 31 | 54 | 31 | 63 | 23 | 7 | 18 | 108 |
| Manufacturing Costs | 0 | 1 | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 16 |
| Material Costs | 0 | 24 | 28 | 49 | 25 | 54 | 17 | 3 | 13 | 86 |
| Employee Cost | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 2 | 3 |
| Other Costs ⓘ | 1 | 3 | 2 | 3 | 3 | 5 | 4 | 3 | 3 | 3 |
| Operating Profit ⓘ | -2 | 0 | 10 | 33 | 42 | 24 | 5 | -3 | 3 | 30 |
| Operating Profit Margin (%) | - | 0.2% | 24.7% | 37.7% | 58.0% | 28.0% | 17.1% | -72.0% | 14.8% | 21.5% |
| Other Income ⓘ | 2 | 1 | 2 | 2 | 3 | 1 | 2 | 1 | 1 | 4 |
| Interest ⓘ | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 1 | 4 | 0 | -3 | 0 | -1 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -1 | 1 | 15 | 34 | 42 | 25 | 5 | -3 | 4 | 33 |
| Tax ⓘ | 0 | 0 | 0 | 9 | 8 | 5 | -2 | 0 | 1 | 3 |
| Profit After Tax | -1 | 1 | 15 | 25 | 33 | 20 | 7 | -3 | 3 | 30 |
| PAT Margin (%) | - | 3.4% | 36.0% | 28.4% | 45.6% | 22.4% | 25.6% | -63.4% | 13.6% | 21.6% |
| Adjusted EPS (₹) | -4.0 | 3.0 | 46.1 | 79.7 | 106.9 | 72.6 | 26.0 | -10.1 | 10.8 | 115.6 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 107% | 0% | 3% | 10% | -20% | 23% | 17% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 189 | 189 | 199 | 175 | 154 | 134 | 134 | 130 | 125 | 134 |
| Share Capital ⓘ | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves ⓘ | 185 | 186 | 196 | 172 | 151 | 131 | 131 | 127 | 122 | 131 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 11 | 8 | 1 | 6 | 7 | 5 | 3 | 10 | 0 | 31 |
| Long Term Debt | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 19 |
| Short Term Debt | 10 | 8 | 1 | 5 | 5 | 4 | 3 | 10 | 0 | 12 |
| Trade Payables | 4 | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 3 |
| Others Liabilities ⓘ | 6 | 7 | 11 | 49 | 69 | 30 | 47 | 78 | 116 | 38 |
| Total Liabilities ⓘ | 209 | 204 | 211 | 231 | 231 | 169 | 184 | 218 | 242 | 206 |
Fixed Assets | ||||||||||
| Gross Block | 8 | 8 | 8 | 10 | 12 | 11 | 12 | 12 | 12 | 17 |
| Accumulated Depreciation | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 5 | 5 |
| Net Fixed Assetsⓘ | 6 | 6 | 6 | 8 | 9 | 8 | 8 | 8 | 7 | 12 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Investmentsⓘ | 17 | 15 | 20 | 21 | 21 | 12 | 12 | 16 | 14 | 21 |
| Inventories | 165 | 152 | 134 | 148 | 152 | 131 | 142 | 168 | 195 | 143 |
| Trade Receivables | 0 | 12 | 24 | 0 | 2 | 1 | 2 | 1 | 2 | 1 |
| Cash Equivalents | 17 | 16 | 18 | 43 | 38 | 12 | 14 | 16 | 14 | 15 |
| Others Assetsⓘ | 5 | 4 | 10 | 12 | 9 | 7 | 7 | 9 | 10 | 12 |
| Total Assets ⓘ | 209 | 204 | 211 | 231 | 231 | 169 | 184 | 218 | 242 | 206 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -3 | 2 | 15 | 26 | 25 | -13 | 5 | 1 | 6 | -9 |
| PBT ⓘ | -1 | 1 | 15 | 34 | 42 | 25 | 5 | -3 | 4 | 33 |
| Adjustment ⓘ | -1 | 1 | -10 | -45 | -23 | -18 | -7 | -1 | -8 | -15 |
| Changes in Working Capital ⓘ | -0 | -0 | 11 | 47 | 11 | -15 | 6 | 6 | 12 | -19 |
| Tax Paid ⓘ | 0 | 0 | 0 | -11 | -5 | -4 | 1 | -1 | -1 | -7 |
| Cash Flow From Investing Activity ⓘ | 3 | 1 | -6 | -26 | 9 | 26 | 0 | -5 | 0 | -11 |
| Capex | 0 | 0 | 0 | -2 | -2 | 0 | -1 | -2 | 0 | -7 |
| Net Investments | 2 | 1 | -7 | -25 | 9 | 25 | 0 | -4 | -1 | -5 |
| Others ⓘ | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Cash Flow From Financing Activityⓘ | 4 | -3 | -7 | 1 | -31 | -23 | -3 | 6 | -11 | 23 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 18 |
| Interest Paid ⓘ | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 |
| Dividend Paid ⓘ | 0 | 0 | 0 | -2 | -25 | 0 | -1 | -1 | -1 | -1 |
| Others ⓘ | 5 | -3 | -7 | 3 | -6 | -23 | -1 | 7 | -10 | 6 |
| Net Cash Flow ⓘ | 4 | -1 | 2 | 1 | 3 | -9 | 2 | 1 | -4 | 3 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -3.46 | 2.59 | 33.14 | 42.83 | 51.76 | 30.28 | 10.43 | -3.91 | 4.21 | 36.5 |
| ROCE (%) | -1.73 | 3.45 | 30.53 | 54.9 | 58.53 | 35.26 | 7.17 | -3.69 | 4.94 | 33.57 |
| Asset Turnover Ratio | 0 | 0.14 | 0.2 | 0.39 | 0.32 | 0.44 | 0.16 | 0.02 | 0.09 | 0.61 |
| PAT to CFO Conversion(x) | N/A | 2 | 1 | 1.04 | 0.76 | -0.65 | 0.71 | N/A | 2 | -0.3 | Working Capital Days |
| Receivable Days | 0 | 151 | 154 | 0 | 12 | 6 | 14 | 129 | 32 | 5 |
| Inventory Days | 0 | 2,034 | 1,248 | 589 | 748 | 590 | 1,806 | 0 | 3,075 | 448 |
| Payable Days | 0 | 32 | 2 | 2 | 15 | 9 | 20 | 135 | 28 | 9 |
Shervani Industrial Syndicate was incorporated in the year 1948. Earlier known as Geep Industrial Syndicate, it acquired its present name with effect from May 21, 1999. The company's facilities are located at Allahabad in Uttar Pradesh and Mysore in Karnataka.
Shervani Industrial Syndicate focuses on real estate operations in India. Previously, the company engaged in manufacturing flashlights and dry cell batteries under the brand name of 'Geep'. The company’s manufacturing units has installed capacities of 5 million flashlight cases, 153 million dry cell batteries, and 6 million miniature lamps and undertakes related job work.
In the year 2008, due to non receipt of adequate orders for production of flashlights, the company suffered huge operational losses and shareholders have approved to dispose off the flashlight and dry-cell battery division.
Subsidiary Company:
Tara Snacks & Foods is a subsidiary of this company whose name has been changed to Farco Foods with effect from March 19, 2009.
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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.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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