Shivalik Rasayan Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2017 Mar-2016 Mar-2015 -
Growth matrix (%)        
Revenue growth 12.30 166 -- --
Op profit growth 80.20 248 -- --
EBIT growth 84.20 188 -- --
Net profit growth 169 74.30 -- --
Profitability ratios (%)        
OPM 14.40 8.98 6.86 --
EBIT margin 13.20 8.05 7.43 --
Net profit margin 6.86 2.87 4.38 --
RoCE 30.80 30 -- --
RoNW 16.80 6.15 -- --
RoA 3.99 2.67 -- --
Per share ratios ()        
EPS 24.70 9.21 5.28 --
Dividend per share 1 -- -- --
Cash EPS 18 2.56 4.76 --
Book value per share 31.50 42.10 32.90 --
Valuation ratios        
P/E 4.07 3.14 -- --
P/CEPS 5.59 11.30 -- --
P/B 3.19 0.69 -- --
EV/EBIDTA 6.06 4.67 -- --
Payout (%)        
Dividend payout 4.04 -- -- --
Tax payout (25) (33) (34) --
Liquidity ratios        
Debtor days 80.20 53.60 -- --
Inventory days 40.30 20.80 -- --
Creditor days (96) (70) -- --
Leverage ratios        
Interest coverage (3.30) (2.10) (8.90) --
Net debt / equity 2.47 1.89 (0.30) --
Net debt / op. profit 1.50 2.76 (1.40) --
Cost breakup ()        
Material costs (59) (63) (68) --
Employee costs (7.80) (8) (6) --
Other costs (19) (20) (19) --
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2017 Mar-2016 Mar-2015 -
Revenue 123 110 41.30 --
yoy growth (%) 12.30 166 -- --
Raw materials (72) (69) (28) --
As % of sales 58.70 62.60 67.80 --
Employee costs (9.60) (8.80) (2.50) --
As % of sales 7.80 8.03 6.04 --
Other costs (24) (22) (8) --
As % of sales 19.10 20.40 19.30 --
Operating profit 17.80 9.87 2.83 --
OPM 14.40 8.98 6.86 --
Depreciation (2.30) (2.30) (0.20) --
Interest expense (5) (4.10) (0.30) --
Other income 0.83 1.26 0.41 --
Profit before tax 11.30 4.70 2.72 --
Taxes (2.80) (1.60) (0.90) --
Tax rate (25) (33) (34) --
Minorities and other -- -- -- --
Adj. profit 8.46 3.15 1.81 --
Exceptional items -- -- -- --
Net profit 8.46 3.15 1.81 --
yoy growth (%) 169 74.30 -- --
NPM 6.86 2.87 4.38 --
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2017 Mar-2016 Mar-2015 -
Profit before tax 11.30 4.70 2.72 --
Depreciation (2.30) (2.30) (0.20) --
Tax paid (2.80) (1.60) (0.90) --
Working capital 25.10 -- -- --
Other operating items -- -- -- --
Operating cashflow 31.30 0.88 -- --
Capital expenditure 5.21 -- -- --
Free cash flow 36.50 0.88 -- --
Equity raised 7.07 18.80 -- --
Investments 0.07 -- -- --
Debt financing/disposal 31.50 9.04 -- --
Dividends paid 0.34 -- -- --
Other items -- -- -- --
Net in cash 75.50 28.70 -- --
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2019 Mar-2018 Mar-2017 Mar-2016
Equity capital 6.89 4.21 3.42 3.42
Preference capital -- -- -- --
Reserves 158 44.70 7.37 11
Net worth 165 48.90 10.80 14.40
Minority interest
Debt 20.30 22.20 31.60 30.60
Deferred tax liabilities (net) 0.35 0.61 0.84 0.96
Total liabilities 240 117 58.70 47.20
Fixed assets 66.60 40.60 27.90 27.30
Intangible assets
Investments -- 0.07 0.07 0.02
Deferred tax asset (net) -- -- -- --
Net working capital 78.80 50.30 25.80 16.50
Inventories 21.50 16.80 15.20 12.10
Inventory Days -- -- 44.80 40.20
Sundry debtors 52.10 46.10 31 23.30
Debtor days -- -- 91.60 77.30
Other current assets 53.20 22 15.10 14.70
Sundry creditors (38) (27) (27) (29)
Creditor days -- -- 80.30 95.20
Other current liabilities (10) (8.10) (8.20) (5)
Cash 95 26.20 4.88 3.36
Total assets 240 117 58.70 47.20
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015
Gross Sales 149 126 114 92.70 32
Excise Duty -- -- -- -- --
Net Sales 149 126 114 92.70 32
Other Operating Income -- -- -- -- --
Other Income 2.05 3.33 1.50 0.83 0.50
Total Income 151 129 116 93.60 32.50
Total Expenditure ** 126 108 96.30 80.10 29
PBIDT 24.10 20.80 19.30 13.40 3.44
Interest 1.23 1.88 2.71 3.25 0.46
PBDT 22.80 18.90 16.60 10.20 2.98
Depreciation 2.40 2.19 1.83 1.70 0.20
Minority Interest Before NP -- -- -- -- --
Tax 4.06 4.26 3.66 2.23 0.94
Deferred Tax (0.30) -- (0.20) (0.20) --
Reported Profit After Tax 16.70 12.50 11.30 6.40 1.84
Minority Interest After NP 6.53 5.60 4.97 -- --
Net Profit after Minority Interest 10.20 6.88 6.34 6.40 1.84
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item 10.20 6.88 6.34 6.40 1.84
EPS (Unit Curr.) 7.37 6.39 16.80 18.70 5.36
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 6.89 6.89 4.21 3.42 3.42
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 16.20 16.50 17 14.50 10.80
PBDTM(%) 15.40 15 14.60 11 9.32
PATM(%) 11.20 9.92 9.91 6.90 5.75