Centenial Surgical Suture Ltd - Stock Valuation and Financial Performance

BSE: 531380 | NSE: | Medical Equipment/Supplies/Accessories | Small Cap

Centenial Surgical Share Price

137.35 0.35 0.26%
as on 26-Dec'24 16:59

DeciZen - make an informed investing decision on Centenial Surgical

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Centenial Surgical Suture stock performance -

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P/E Ratio (SA):
54.29
Market Cap:
50.1 Cr.
52-wk low:
84
52-wk high:
169.5

Is Centenial Surgical Suture Ltd an attractive stock to invest in?

1. Is Centenial Surgical Suture Ltd a good quality company?

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

2. Is Centenial Surgical Suture Ltd undervalued or overvalued?

The key valuation ratios of Centenial Surgical Suture Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Centenial Surgical Suture Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Centenial Surgical Suture 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 Centenial Surgical:

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.
Centenial Surgical Suture 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 % 14.2%11.7%14%14.8%16.8%12.6%8.7%7.3%8%8.9%-
Value Creation
Index
0.0-0.200.10.2-0.1-0.4-0.5-0.4-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 51.851.552.852.856.155.636.944.452.751.252
Sales YoY Gr.--0.6%2.7%-0.2%6.3%-0.8%-33.6%20.3%18.5%-2.8%-
Adj EPS 4.74.54.54.25.33.72.51.72.232.5
YoY Gr.--4.3%1.8%-7.3%26.7%-30.8%-32.9%-33.2%33.3%37.3%-
BVPS (₹) 53.357.662.366.57273.676.277.980.383.484.6
Adj Net
Profit
1.71.61.71.51.91.30.90.60.81.11
Cash Flow from Ops. 0.2-1.501.81.62.124.81.36.2-
Debt/CF from Ops. 59.1-8.7-2610.70.86.16.827.72.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.1%-1.8%11.5%-2.8%
Adj EPS -4.7%-10.7%6.9%37.3%
BVPS5.1%3%3.1%3.9%
Share Price 17.2% 32.7% 38.5% 36%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
8.47.476.17.24.73.122.63.53
Op. Profit
Mgn %
9.69.49.18.59.410.813.810.18.410.111.7
Net Profit
Mgn %
3.33.23.12.93.52.42.41.41.52.21.8
Debt to
Equity
0.60.60.10.100.40.50.30.30.50
Working Cap
Days
309324341351333361585468392447225
Cash Conv.
Cycle
154186236245241254422339273311114

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.00%

Sales growth is growing at healthy rate in last 3 years 11.50%

Net Profit has been subdued in last 3 years 6.93%

Sales growth is not so good in last 4 quarters at -0.91%

Latest Financials - Centenial Surgical Suture Ltd.

Standalone Consolidated
TTM EPS (₹) 2.5 -
TTM Sales (₹ Cr.) 52.4 -
BVPS (₹.) 84.6 -
Reserves (₹ Cr.) 27 -
P/BV 1.62 -
PE 54.29 -
From the Market
52 Week Low / High (₹) 84.01 / 169.50
All Time Low / High (₹) 0.60 / 169.50
Market Cap (₹ Cr.) 50.1
Equity (₹ Cr.) 3.7
Face Value (₹) 10
Industry PE 76.5

Management X-Ray of Centenial Surgical:

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 Centenial Surgical

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
Sales51.7751.4552.8452.7556.0555.6136.9344.4352.6651.19
Operating Expenses 46.7946.7248.0548.2850.7649.6931.8339.9448.2646.04
Manufacturing Costs8.7991.311.151.541.211.070.941.201.39
Material Costs15.2815.3223.0723.9525.0424.2910.3619.6520.0717.06
Employee Cost 7.047.288.399.209.4710.679.9810.7711.1911.33
Other Costs 15.6915.1315.2813.9714.7213.5210.418.5815.8016.25
Operating Profit 4.984.734.804.465.295.925.114.484.405.15
Operating Profit Margin (%) 9.6%9.2%9.1%8.5%9.4%10.6%13.8%10.1%8.4%10.1%
Other Income 0.410.020.110.070.130.090.090.040.130.13
Interest 1.651.701.771.511.892.312.121.931.772.62
Depreciation 0.830.680.590.600.691.551.551.531.301.39
Exceptional Items 0000000000
Profit Before Tax 2.902.372.552.412.842.151.531.071.461.27
Tax 0.990.810.830.870.830.860.570.450.580.14
Profit After Tax 1.921.561.721.542.021.300.960.630.891.13
PAT Margin (%) 3.7%3.0%3.3%2.9%3.6%2.3%2.6%1.4%1.7%2.2%
Adjusted EPS (₹)5.34.34.74.25.53.62.61.72.43.1
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 21.2222.7824.5026.0428.0628.6129.5730.2031.0832.22
Share Capital 5.425.425.425.425.425.425.425.425.425.42
Reserves 15.7917.3519.0720.6222.6323.1824.1524.7725.6626.79
Minority Interest0000000000
Debt12.2813.111.201.201.2012.7213.479.309.9214.44
Long Term Debt1.201.201.201.201.201.201.20000
Short Term Debt11.0811.9100011.5212.279.309.9214.44
Trade Payables10.657.989.258.908.2512.5110.588.5612.239.71
Others Liabilities 11.138.6920.8519.2519.2515.4416.4313.2813.1722.78
Total Liabilities 55.2752.5655.8055.3956.7669.2970.0461.3466.4079.15

Fixed Assets

Gross Block13.0813.1413.8014.4916.2823.3823.4623.6223.7831.47
Accumulated Depreciation8.959.5010.0910.6912.2012.9414.4916.0117.3118.70
Net Fixed Assets4.133.643.713.804.0810.448.977.606.4612.77
CWIP 0.190.190.190.220.220.220000
Investments 0000000000
Inventories22.2823.5029.6330.5729.8232.2036.2332.2637.2442.52
Trade Receivables19.5818.6918.9318.1020.7023.3522.4019.5320.5918.80
Cash Equivalents 1.961.080.831.070.330.720.540.260.330.68
Others Assets7.145.452.501.631.602.351.901.691.774.37
Total Assets 55.2752.5655.8055.3956.7669.2970.0461.3466.4079.15

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.21-1.5101.761.552.081.974.751.306.21
PBT 2.902.372.552.412.842.161.531.071.461.27
Adjustment 0.820.682.380.530.731.403.623.432.984.08
Changes in Working Capital -2.52-3.74-4.93-0.31-1.2-0.62-2.610.55-2.61.27
Tax Paid -0.99-0.810-0.87-0.83-0.86-0.57-0.30-0.55-0.41
Cash Flow From Investing Activity -0.36-0.19-2.38-0.64-1.02-1.31-0.89-0.17-0.18-7.92
Capex -0.36-0.19-0.66-0.71-0.98-1.08-0.84-0.16-0.16-7.70
Net Investments 000000.020000
Others 00-1.720.07-0.04-0.25-0.05-0.01-0.01-0.22
Cash Flow From Financing Activity 0.960.822.14-0.88-1.27-0.37-1.27-4.87-1.052.06
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -1000000000
Interest Paid 0000000-1.89-1.66-2.47
Dividend Paid 0000000000
Others 1.960.822.14-0.88-1.27-0.37-1.27-2.970.624.53
Net Cash Flow 0.80-0.88-0.250.24-0.750.40-0.18-0.280.070.35
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)10.377.727.866.567.984.883.522.233.073.8
ROCE (%)14.2211.7414.0214.8416.7512.648.657.278.028.87
Asset Turnover Ratio1.041.010.980.9510.880.530.680.820.7
PAT to CFO Conversion(x)0.11-0.9701.140.771.62.057.541.465.5
Working Capital Days
Receivable Days128128130128126145226172139140
Inventory Days136153184208197204338281241284
Payable Days249222136138125156407178189235

Centenial Surgical Suture Ltd Stock News

Centenial Surgical Suture Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Centenial Surgical on 26-Dec-2024 16:59 is ₹137.3.
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 Centenial Surgical stood at ₹50.11.
The latest P/E ratio of Centenial Surgical as of 26-Dec-2024 16:59 is 54.29.
The latest P/B ratio of Centenial Surgical as of 26-Dec-2024 16:59 is 1.62.
The 52-week high of Centenial Surgical is ₹169.5 and the 52-week low is ₹84.01.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Centenial Surgical is ₹52.44 ( Cr.) .

About Centenial Surgical Suture Ltd

Centenial Surgical Suture Ltd., founded in 1995, manufactures a broad range of quality sterile needled sutures, with state-of-the-art manufacturing and packaging equipment, sophisticated processes designed and operated by Centenial's competent and devoted staff. Centenial Sutures is a combination of Craftmanship, the Latest Production Technology, Strictest Quality Control, Care and Dedication, results in Products of Incomparable Quality. Centenial is a company with a Surgeon's eye for Quality. At Centenial doing business the fair way is their Foremost Concern, by Guaranteeing Courteous, Fair and Honest Service, enough inventory to meet any order size and pricing. Centenial is confident that it can prove its flexibility, capacity and attention for Quality and Consistency in manufacturing world class sutures in India. 

Centenial has introduced Good Manufacturing Practice into all aspects of production and quality control which includes the maintenance of detailed batch records, a recall system, control of procedures, staff training and a controlled production environment.

All products are manufactured to meet US Pharmacopoeia and European Pharmacopoeia and other regulatory requirements. The company proposes to have its range of sutures registered with the US Food and Drug Administration as manufacturer of sterile absorbable and non absorbable sutures.

Product range of the company includes:

Absorbable Sutures

Natural Sutures  

  • Centenial-catgut plain
  • Centenial-catgut chromic

Synthetic Sutures 

  • Centicryl Braided, Coated Polyglycolic Acid (PGA) (Violet & Undyed) 
  • Centicryl Rapid Braided ,Coated Undyed Polyglycolic Acid (PGA)
  • Monosynth Monofilament Synthetic Polydioxanone  
  • Centisorb Poly(glycolide-co-L-lactide) Glacomer 91
  • Braided, Coated with Poly(glycolide-co-L-lactide) 

Non Absorbable Sutures

  • Centilene High Performance Needles for Cardiovascular Surgery 
  • Centlon Black Monofilament Polyamide Atraumatic Needle Suture Combinationsy
  • Centsilk Black Braided Silk, Atraumatic Needle Suture Combinations
  • Centibond High Performance Needles for Cardiovascular Surgery 
  • Centsteel Monofilament 316 LVM Stainless Steel 
  • Centip Ace Temporary Pacemaker Electrode 

Medical Devices

  • T-Suit Female Urinary Incontinency Set
  • Centilene Mesh Non Absprbable Synthetic Knotted Surgical Meshy
  • Skin Stapler Disposable Skin Stapler Manipler S-2 35W
  • Centiclip Titanium Haemostatic Clip For Cardiovascular Surgery
  • Aortic Punch Disposable Aortic Punch for Cardiovascular Anastomosis 
  • Kinfe Cardiovascular Vessel Knife for Cardiovascular Surgery

Awards & Achievements:

  • An ISO 9001:2000 certified company
  • ISO 13485:2003 Certified Company
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