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Shree Steel Wire share price

Shree Steel Wire Ropes Ltd.

BSE: 513488 SECTOR: Steel & Iron Products  9001   33   0

37.97
+1.16 (3.15%)
BSE: 28 Mar 4:00 PM

Price Summary

Today's High

₹ 38

Today's Low

₹ 37.5

52 Week High

₹ 48.04

52 Week Low

₹ 25.69

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

12.57 Cr.

Enterprise Value

8.83 Cr.

No. of Shares

0.33 Cr.

P/E

0

P/B

0.94

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  40.36

CASH

3.74 Cr.

DEBT

0 Cr.

Promoter Holding

30.23 %

EPS (TTM)

₹  -0.61

Sales Growth

18.97%

ROE

5.92 %

ROCE

8.15%

Profit Growth

194.26 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year18.97%
3 Year-5.59%
5 Year6.9%

Profit Growth

1 Year194.26%
3 Year-25.88%
5 Year2.69%

ROE%

1 Year5.92%
3 Year5.03%
5 Year7.48%

ROCE %

1 Year8.15%
3 Year6.81%
5 Year10.93%

Debt/Equity

0

Price to Cash Flow

6.49

Interest Cover Ratio

75.5874125874126

CFO/PAT (5 Yr. Avg.)

0.872631995498082

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 30.23 0
Sep 2023 29.91 0
Jun 2023 29.58 0
Mar 2023 29.56 0
Dec 2022 29.56 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 0.0222 Cr.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 75.5874125874126.
  • The company has an efficient Cash Conversion Cycle of 87.0468856357922 days.
  • Company has a healthy liquidity position with current ratio of 5.74628109008687.

 Limitations

  • The company has shown a poor profit growth of -25.8763747491479% for the Past 3 years.
  • The company has shown a poor revenue growth of -5.58912050052175% for the Past 3 years.
  • Company has a poor ROE of 5.03442541914882% over the past 3 years.
  • The company is trading at a high EV/EBITDA of 31.7683.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 4.97 4.26 2.27 2.36 2.04
Total Expenditure 4.28 4.09 2.14 2.51 2.01
Operating Profit 0.69 0.17 0.12 -0.15 0.04
Other Income 0.02 0.03 0.01 0.05 0.03
Interest 0 0.01 0.01 0.03 0
Depreciation 0.08 0.08 0.08 0.08 0.08
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.63 0.11 0.05 -0.21 -0.02
Tax 0.24 0.07 0.04 0 0.02
Profit After Tax 0.39 0.04 0.01 -0.21 -0.04
Adjusted EPS (Rs) 1.18 0.13 0.02 -0.65 -0.11

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 18.08 21.53 13.95 15.23 18.12
Total Expenditure 16.88 18.86 12.47 14.75 16.79
Operating Profit 1.2 2.67 1.47 0.48 1.33
Other Income 0.07 0.06 0.03 0.09 0.07
Interest 0.17 0.01 0.01 0.01 0.01
Depreciation 0.16 0.19 0.26 0.3 0.32
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.95 2.53 1.23 0.26 1.07
Tax 0.49 0.6 0.37 -0.01 0.28
Net Profit 0.46 1.93 0.87 0.27 0.78
Adjusted EPS (Rs.) 1.39 5.84 2.63 0.81 2.38

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 3.3 3.3 3.3 3.3 3.3
Total Reserves 6.81 8.42 9.41 9.7 10.22
Borrowings 0.03 0 0.02 0 0
Other N/C liabilities 0.2 0.22 0.3 0.52 0.63
Current liabilities 3.42 2.41 1.89 2.34 1.68
Total Liabilities 13.76 14.35 14.91 15.85 15.83
Assets
Net Block 1.68 2.8 4.23 4.33 4.21
Capital WIP 0 0.27 0 0 0
Intangible WIP 0 0 0 0 0
Investments 2.44 1.24 0.01 0.01 0.01
Loans & Advances 2.13 1.86 1.96 2.03 1.76
Other N/C Assets 0.1 0 0.05 0.06 0.19
Current Assets 7.41 8.19 8.66 9.42 9.66
Total Assets 13.76 14.35 14.91 15.85 15.83
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 0.95 2.53 1.23 0.26 1.07
Adjustment 0.17 0.16 0.23 0.12 -0.07
Changes in Assets & Liabilities -0.23 -1.85 -0.51 0.14 1.04
Tax Paid -0.17 -0.58 -0.46 -0.16 -0.1
Operating Cash Flow 0.72 0.26 0.49 0.35 1.94
Investing Cash Flow -0.25 -0.75 0.16 -0.57 -0.76
Financing Cash Flow -0.11 -0.03 0.04 -0.05 -0.01
Net Cash Flow 0.36 -0.53 0.69 -0.27 1.16

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 29.56 29.56 29.58 29.91 30.23
anil lachman sajnani 4.52 4.52 4.52 4.52 4.52
anil lachman sajnani huf - - - - 0.05
aryan anil sajnani 0.47 0.47 0.47 0.63 0.75
ashish lachman sajnani 3.15 3.15 3.17 3.34 3.45
bholenath developers priv... - 14.81 14.81 14.81 14.81
kirtee anil sajnani 0.97 0.97 0.97 0.97 0.97
lachman sajnani huf 4.63 4.63 4.63 4.63 4.63
lachman sobhraj sajnani 0.93 0.93 0.93 0.93 0.93
minu lachman sajnani 0.05 0.05 0.05 0.05 0.05
sonnalli seygall - - - - 0.08
anil lachaman sajnani huf... 0.05 0.05 0.05 0.05 -
bholenath developers ptiv... 14.81 - - - -
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 70.44 70.44 70.42 70.09 69.77
hitesh ramji javeri 4.97 4.97 4.97 4.97 4.97
mahendra girdharilal 2.22 2.22 2.22 2.22 2.22
parshotam narumal manghna... 21.14 21.14 21.14 21.14 21.14
kailashben ashokkumar pat... - - 1.17 1.44 -
deepinder singh poonian - 1.09 - - -
urvashi surendra parikh 1.30 - - - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Shree Steel Wire Ropes informs about newspaper publication30 Jan 2024, 5:13PM Shree Steel Wire - Quaterly Results29 Jan 2024, 5:48PM Shree Steel Wire - Quaterly Results29 Jan 2024, 5:48PM Shree Steel Wire - Quaterly Results29 Jan 2024, 5:48PM Shree Steel Wire Ropes informs about trading window closure27 Dec 2023, 12:39PM Shree Steel Wire Ropes informs about details of loss of certificate 25 Nov 2023, 12:19PM Shree Steel Wire Ropes informs about press release8 Nov 2023, 4:30PM Shree Steel Wire Ropes informs about newspaper publication31 Aug 2023, 4:56PM Shree Steel Wire Ropes informs about board meeting 31 Jul 2023, 10:08AM Shree Steel Wire Ropes informs about closure of trading window 28 Jun 2023, 11:47AM Shree Steel Wire Ropes informs about board meeting 20 May 2023, 10:47AM Shree Steel Wire Ropes informs about annual secretarial compliance report2 May 2023, 5:07PM Shree Steel Wire Ropes informs about confirmation certificate10 Apr 2023, 10:53AM Shree Steel Wire Ropes informs about newspaper advertisement3 Feb 2023, 12:49PM Shree Steel Wire - Quaterly Results2 Feb 2023, 3:48PM Shree Steel Wire - Quaterly Results2 Feb 2023, 3:48PM Shree Steel Wire - Quaterly Results2 Feb 2023, 3:48PM Shree Steel Wire Ropes informs about board meeting 23 Jan 2023, 3:57PM Shree Steel Wire Ropes informs about confirmation certificate9 Jan 2023, 12:11PM Shree Steel Wire Ropes informs about closure of trading window 27 Dec 2022, 12:52PM Shree Steel wire Ropes informs about newspaper publication 8 Nov 2022, 10:25AM Shree Steel Wire - Quaterly Results7 Nov 2022, 4:41PM Shree Steel Wire - Quaterly Results7 Nov 2022, 4:41PM Shree Steel Wire - Quaterly Results7 Nov 2022, 4:41PM Shree Steel Wire Ropes informs about confirmation certificate11 Oct 2022, 12:45PM Shree Steel Wire Ropes informs about confirmation certificate12 Jul 2022, 10:54AM Shree Steel Wire - Quaterly Results25 May 2022, 5:57PM Shree Steel Wire - Quaterly Results25 May 2022, 5:57PM Shree Steel Wire Ropes informs about disclosure7 May 2022, 3:49PM Shree Steel Wire Ropes informs about newspaper publication26 Apr 2022, 1:00PM Shree Steel Wire Ropes informs about postal ballot results23 Apr 2022, 5:11PM Shree Steel Wire Ropes informs about postal ballot results23 Apr 2022, 5:00PM Shree Steel Wire Ropes informs about compliance certificate16 Apr 2022, 3:32PM Shree Steel Wire Ropes informs about trading window closure1 Apr 2022, 2:32PM Shree Steel Wire Ropes informs about newspaper publication11 Feb 2022, 12:26PM Shree Steel Wire - Quaterly Results9 Feb 2022, 4:27PM Shree Steel Wire - Quaterly Results9 Feb 2022, 4:27PM Shree Steel Wire - Quaterly Results9 Feb 2022, 4:27PM Shree Steel Wire Ropes informs about disclosure14 Jan 2022, 2:40PM Shree Steel Wire Ropes informs about trading window closure1 Jan 2022, 12:57PM Shree Steel Wire - Quaterly Results3 Nov 2021, 3:42PM Shree Steel Wire Ropes informs about closure of trading window30 Sep 2021, 1:23PM Shree Steel Wire Ropes informs about AGM31 Aug 2021, 9:54AM Shree Steel Wire Ropes informs about annual report30 Aug 2021, 1:46PM Shree Steel Wire Ropes informs about newspaper publication9 Aug 2021, 11:47AM Shree Steel Wire Ropes informs about confirmation certificate7 Jul 2021, 12:15PM Shree Steel Wire Ropes informs about board meeting 21 May 2021, 4:38PM Shree Steel Wire Ropes informs about closure of trading window31 Mar 2021, 11:29AM Shree Steel Wire Ropes informs about newspaper publication9 Nov 2020, 10:44AM Shree Steel Wire Ropes informs about certificate19 Oct 2020, 10:59AM

Shree Steel Wire Stock Price Analysis and Quick Research Report. Is Shree Steel Wire an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Shree Steel Wire has a PE ratio of -62.5535420098847 which is low and comparatively undervalued .

  • Share Price: - The current share price of Shree Steel Wire is Rs 37.97. One can use valuation calculators of ticker to know if Shree Steel Wire share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Shree Steel Wire has ROA of 4.95457673343897 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Shree Steel Wire has a Current ratio of 5.74628109008687 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Shree Steel Wire has a ROE of 5.91933324533781 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Shree Steel Wire has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Shree Steel Wire has an Inventory turnover ratio of 5.07904642409034 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Shree Steel Wire has reported revenue growth of 18.9730897249887 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Shree Steel Wire for the current financial year is 7.3655922878695 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Shree Steel Wire is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Shree Steel Wire
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