BSE: 539378 | NSE: | Hospital & Healthcare Services | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Soni Medicare Ltd is a below average quality company.
The key valuation ratios of Soni Medicare 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 Weak which suggest that the price of Soni Medicare 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 % ⓘ | 9.7% | 6% | 6.1% | 1% | -0.6% | -0.7% | 1.5% | 0.5% | 0.8% | -6.6% | - |
| Value Creation Index ⓘ | -0.3 | -0.6 | -0.6 | -0.9 | -1.0 | -1.1 | -0.9 | -1.0 | -0.9 | -1.5 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 16.8 | 15.4 | 13.1 | 13.3 | 14.7 | 15.2 | 15.8 | 22.6 | 27.5 | 27.3 | 28 |
| Sales YoY Gr. | - | -8.4% | -14.7% | 1.8% | 10% | 3.4% | 4.1% | 43.1% | 21.8% | -1% | - |
| Adj EPS ⓘ | 0.5 | 0.4 | 0.2 | 0.7 | -1.6 | -3 | -1.3 | -1.4 | -1.6 | -3.9 | -5.2 |
| YoY Gr. | - | -22.2% | -42.9% | 208.3% | -312.2% | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 15.9 | 15.6 | 15.9 | 16.6 | 15 | 12.1 | 10.7 | 9.3 | 7.7 | 3.8 | 2.9 |
| Adj Net Profit ⓘ | 0.2 | 0.2 | 0.1 | 0.3 | -0.7 | -1.3 | -0.6 | -0.6 | -0.7 | -1.7 | -2 |
| Cash Flow from Ops. ⓘ | 4.9 | 0.3 | -0.1 | 1.4 | 0.7 | -0.1 | 3.3 | -2.3 | 0.2 | 0.4 | - |
| Debt/CF from Ops. ⓘ | 0.9 | 10.6 | -63.1 | 2.9 | 8 | -47.3 | 2.2 | -3.2 | 41.8 | 24.8 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 5.6% | 13.2% | 20% | -1% | ||||
| Adj EPS ⓘ | -224.7% | NA | NA | NA | ||||
| BVPSⓘ | -14.7% | -24.1% | -29.3% | -51% | ||||
| Share Price | - | 0.3% | -13.4% | 45.9% | ||||
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 % ⓘ | 3.4 | 2.7 | 1.5 | 4.5 | -9.9 | -21.9 | -11.7 | -14.3 | -18.5 | -68.5 | -155.7 |
| Op. Profit Mgn % ⓘ | 8.8 | 7.3 | 8 | 8.5 | 3 | 0.7 | 4.1 | 0.7 | -0.8 | -5.6 | -2.7 |
| Net Profit Mgn % ⓘ | 1.4 | 1.2 | 0.8 | 2.4 | -4.6 | -8.4 | -3.6 | -2.7 | -2.5 | -6.2 | -8 |
| Debt to Equity ⓘ | 0.6 | 0.5 | 0.6 | 0.6 | 0.8 | 1.2 | 1.6 | 1.9 | 2.6 | 6.1 | 7.3 |
| Working Cap Days ⓘ | 131 | 123 | 152 | 166 | 156 | 183 | 208 | 170 | 161 | 167 | 70 |
| Cash Conv. Cycle ⓘ | 34 | 16 | 25 | 38 | 39 | 43 | 41 | 34 | 31 | 37 | 18 |
Sales growth is growing at healthy rate in last 3 years 19.96%
Return on Equity is Poor
Debt to equity has increased versus last 3 years average to 6.05
Sales growth is not so good in last 4 quarters at 0.30%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -5.2 | - |
| TTM Sales (₹ Cr.) | 27.7 | - |
| BVPS (₹.) ⓘ | 2.9 | - |
| Reserves (₹ Cr.) ⓘ | -3 | - |
| P/BV ⓘ | 13.57 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 22.27 / 45.98 |
| All Time Low / High (₹) | 16.01 / 83.65 |
| Market Cap (₹ Cr.) | 16.5 |
| Equity (₹ Cr.) | 4.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 43.2 |
| 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 | 16.76 | 15.35 | 13.09 | 13.34 | 14.67 | 15.17 | 15.79 | 22.60 | 27.53 | 27.25 |
| Operating Expenses ⓘ | 15.29 | 14.23 | 12.05 | 12.21 | 14.22 | 15.07 | 15.15 | 22.44 | 27.74 | 28.77 |
| Manufacturing Costs | 5.20 | 4.95 | 5.04 | 5.66 | 7.21 | 6.88 | 6.73 | 8.99 | 11.32 | 11.12 |
| Material Costs | 5.47 | 4.53 | 2.39 | 1.73 | 1.50 | 2.46 | 2.71 | 7.34 | 8.44 | 8.14 |
| Employee Cost | 3.09 | 3.26 | 3.24 | 3.21 | 3.91 | 4.24 | 3.73 | 4.56 | 5.64 | 6.83 |
| Other Costs ⓘ | 1.52 | 1.49 | 1.38 | 1.61 | 1.61 | 1.49 | 1.98 | 1.55 | 2.34 | 2.69 |
| Operating Profit ⓘ | 1.47 | 1.12 | 1.04 | 1.13 | 0.44 | 0.10 | 0.64 | 0.16 | -0.21 | -1.52 |
| Operating Profit Margin (%) | 8.8% | 7.3% | 8.0% | 8.5% | 3.0% | 0.7% | 4.1% | 0.7% | -0.8% | -5.6% |
| Other Income ⓘ | 0.27 | 0.28 | 0.37 | 0.13 | 0.24 | 0.58 | 0.27 | 0.67 | 0.96 | 1.27 |
| Interest ⓘ | 0.85 | 0.41 | 0.47 | 0.53 | 0.53 | 0.65 | 0.79 | 0.72 | 0.71 | 0.85 |
| Depreciation ⓘ | 0.58 | 0.77 | 0.79 | 0.74 | 0.76 | 0.76 | 0.74 | 0.78 | 0.66 | 0.52 |
| Exceptional Items ⓘ | -0.02 | 0 | 0 | -0.40 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.30 | 0.22 | 0.16 | -0.42 | -0.60 | -0.73 | -0.62 | -0.67 | -0.61 | -1.63 |
| Tax ⓘ | 0.08 | 0.04 | 0.05 | -0.73 | 0.07 | 0.54 | -0.05 | -0.07 | 0.06 | 0.05 |
| Profit After Tax | 0.22 | 0.18 | 0.10 | 0.31 | -0.67 | -1.27 | -0.57 | -0.60 | -0.67 | -1.68 |
| PAT Margin (%) | 1.3% | 1.2% | 0.8% | 2.4% | -4.6% | -8.3% | -3.6% | -2.7% | -2.4% | -6.2% |
| Adjusted EPS (₹) | 0.5 | 0.4 | 0.2 | 0.7 | -1.6 | -3.0 | -1.3 | -1.4 | -1.6 | -3.9 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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 | 6.79 | 6.63 | 6.77 | 7.08 | 6.41 | 5.15 | 4.58 | 3.97 | 3.30 | 1.62 |
| Share Capital ⓘ | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 | 4.26 |
| Reserves ⓘ | 2.53 | 2.37 | 2.50 | 2.82 | 2.15 | 0.88 | 0.31 | -0.29 | -0.97 | -2.65 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 4.34 | 3.19 | 3.83 | 3.62 | 4.69 | 5.60 | 6.94 | 6.74 | 7.70 | 9.12 |
| Long Term Debt | 0.02 | 0.53 | 1.03 | 0.67 | 1.42 | 2.56 | 0.48 | 3.93 | 4.95 | 9.12 |
| Short Term Debt | 4.32 | 2.66 | 2.81 | 2.95 | 3.27 | 3.04 | 6.46 | 2.81 | 2.74 | 0 |
| Trade Payables | 1.72 | 1.60 | 1.48 | 1.31 | 1.26 | 2.74 | 2.76 | 4.85 | 5.22 | 4.98 |
| Others Liabilities ⓘ | 1.46 | 1.91 | 2.08 | 1.81 | 2.41 | 2.89 | 2.72 | 3.33 | 3.87 | 3.94 |
| Total Liabilities ⓘ | 14.31 | 13.33 | 14.17 | 13.82 | 14.79 | 16.37 | 17 | 18.89 | 20.09 | 19.66 |
Fixed Assets | ||||||||||
| Gross Block | 15.46 | 16.89 | 17.19 | 17.32 | 18.16 | 18.82 | 19.19 | 20.04 | 20.44 | 20.71 |
| Accumulated Depreciation | 7.75 | 8.86 | 9.65 | 10.39 | 11.14 | 11.86 | 12.60 | 13.36 | 14.02 | 14.54 |
| Net Fixed Assetsⓘ | 7.71 | 8.03 | 7.54 | 6.93 | 7.02 | 6.96 | 6.60 | 6.68 | 6.42 | 6.17 |
| CWIP ⓘ | 0 | 0 | 0 | 0.35 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 0.01 | 0.01 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 |
| Inventories | 2.46 | 1.25 | 1.10 | 1.10 | 1.35 | 1.58 | 1.16 | 0.73 | 0.48 | 0.53 |
| Trade Receivables | 0.59 | 0.75 | 2.16 | 1.69 | 1.84 | 3.03 | 3.98 | 6.26 | 7.82 | 7.09 |
| Cash Equivalents | 0.94 | 0.61 | 0.34 | 0.57 | 1.10 | 0.81 | 0.92 | 0.60 | 0.87 | 1.30 |
| Others Assetsⓘ | 2.60 | 2.67 | 2.98 | 3.13 | 3.43 | 3.95 | 4.31 | 4.57 | 4.46 | 4.53 |
| Total Assets ⓘ | 14.31 | 13.33 | 14.17 | 13.82 | 14.79 | 16.37 | 17 | 18.89 | 20.09 | 19.66 |
| 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 ⓘ | 4.90 | 0.32 | -0.07 | 1.36 | 0.67 | -0.13 | 3.27 | -2.31 | 0.21 | 0.39 |
| PBT ⓘ | 0.30 | 0.22 | 0.16 | -0.01 | -0.60 | -0.73 | -0.62 | -0.67 | -0.61 | -1.63 |
| Adjustment ⓘ | 1.15 | 0.90 | 1.21 | 1.22 | 1.14 | 1.34 | 1.87 | 1.37 | 1.22 | 0.87 |
| Changes in Working Capital ⓘ | 4.3 | -0.39 | -1.39 | 0.24 | 0.14 | -0.75 | 2.01 | -3.01 | -0.4 | 1.16 |
| Tax Paid ⓘ | 0 | 0 | -0.04 | -0.09 | -0.02 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | -0.29 | -1.16 | -0.27 | -0.29 | -0.47 | -0.65 | -0.29 | -0.73 | -0.25 | -0.17 |
| Capex | -0.56 | -1.43 | -0.29 | -0.13 | -0.50 | -0.70 | -0.38 | -0.85 | -0.39 | -0.27 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.27 | 0.27 | 0.03 | -0.16 | 0.03 | 0.05 | 0.09 | 0.12 | 0.14 | 0.10 |
| Cash Flow From Financing Activityⓘ | -5.12 | 0.51 | 0.06 | -0.84 | 0.33 | 0.49 | -2.87 | 2.72 | 0.31 | 0.21 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0.75 | 1.14 | -2.08 | 3.45 | 1.02 | 1.06 |
| Interest Paid ⓘ | 0 | 0 | -0.44 | -0.48 | -0.46 | -0.65 | -0.79 | -0.72 | -0.71 | -0.85 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -5.12 | 0.51 | 0.50 | -0.36 | 0.04 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | -0.51 | -0.33 | -0.27 | 0.23 | 0.53 | -0.29 | 0.11 | -0.32 | 0.27 | 0.43 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 3.25 | 2.67 | 1.5 | 4.53 | -9.92 | -21.89 | -11.71 | -14.05 | -18.52 | -68.46 |
| ROCE (%) | 9.74 | 6.01 | 6.05 | 1.04 | -0.61 | -0.68 | 1.53 | 0.48 | 0.84 | -6.61 |
| Asset Turnover Ratio | 1.11 | 1.11 | 0.95 | 0.95 | 1.03 | 0.97 | 0.95 | 1.26 | 1.41 | 1.37 |
| PAT to CFO Conversion(x) | 22.27 | 1.78 | -0.7 | 4.39 | N/A | N/A | N/A | N/A | N/A | N/A | Working Capital Days |
| Receivable Days | 12 | 16 | 41 | 53 | 44 | 59 | 81 | 83 | 93 | 100 |
| Inventory Days | 64 | 44 | 33 | 30 | 30 | 35 | 32 | 15 | 8 | 7 |
| Payable Days | 113 | 134 | 235 | 295 | 313 | 297 | 371 | 189 | 218 | 229 |
Soni Medicare Ltd. was incorporated in the name of Soni Hospitals Private Limited on August 2, 1988 with the Registrar of Companies, Rajasthan, Jaipur. On March 30, 1995 the name of the company was changed to Soni Medicare Private Limited. It was later converted into a public limited company with a special resolution passed in the Extraordinary General Meeting on April 3, 1995 and a fresh certificate of incorporation was obtained on the April 17, 1995. Consequently, the name of the company was changed to Soni Medicare Limited.
Soni Hospitals, A unit of Soni Medicare Ltd. was started as a 20-bedded Hospital in 1988 and was founded by Dr. B. R. Soni and inaugurated by Shri Hari Dev Joshi, Chief Minister, Rajasthan (1973 - 1977). In 1989 Soni Hospital became a 40 bedded hospital, then expanded to 80 beds. Finally in the year 1996 it got a status of a 100 bed Corporate Multi-specialty Hospital with prime and central location opp. Moti Doongri Ganesh Temple on main JLN Marg.
Soni Hospital got the prestigious NABH accreditation in the year 2013. It converted to a fully air conditioned hospital in 2014. In the year 2018, it was completely revamped to state of the art infrastructure with a new modern women’s health & well-being centre with the name of ‘Joy’ for mother & child wing.
Soni Hospital was the first Hospital to introduce Lithotripsy Machine in Rajasthan in the year 1988. It was the first hospital to do an IOL Implant cataract operation in Rajasthan in 1989. In 1992/93 it became the First hospital to have installed a CT scan & MRI machine. It was the first ISO certified hospital of Rajasthan from 2001 till 2008. It has been NABH accredited since 2013. The inauguration was done by Shri Bheron Singh Shekhawat, Chief Minister, Rajasthan (1990-1998).
Besides these, other Ultra-Modern Equipments like C-ARM, Colonoscope, Laproscopic Surgical Equipments, Wield Microscope, Phacoemulsification Machine and Laser Machine for Eye, ECG Machine, Spirometry Machine, Audiometry Machine, ENG Machine, CTMT Machine, 2D-ECHO Machine etc. were also added and with these facilities, it is now an Ultramodern Hi-Tech Corporate Hospital.
Business area of the company
The company is engaged in providing health care services. The company is running Hospital in the name and style Soni Hospital, which is NABH accredited Hospital, located in Jaipur.
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.
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