Shree Steel Wire Ropes Ltd.

BSE: 513488 SECTOR: Steel & Iron Products  4049   28   0

23.90
+0.05 (0.21%)
BSE: Today, 02:10 PM

Price Summary

Today's High

₹ 23.95

Today's Low

₹ 23

52 Week High

₹ 34.9

52 Week Low

₹ 0

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

7.91 Cr.

Enterprise Value

6.44 Cr.

No. of Shares

0.33 Cr.

P/E

23.7

P/B

0.61

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  39.12

CASH

1.55 Cr.

DEBT

0.07 Cr.

Promoter Holding

29.56 %

EPS (TTM)

₹  1.01

Sales Growth

-35.24%

ROE

7.11 %

ROCE

10.16%

Profit Growth

-54.95 %

* 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

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* 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 Year-35.24%
3 Year2.42%
5 Year3.94%

Profit Growth

1 Year-54.95%
3 Year8.1%
5 Year-2.67%

ROE%

1 Year7.11%
3 Year9.79%
5 Year8.57%

ROCE %

1 Year10.16%
3 Year14.79%
5 Year12.8%

Debt/Equity

0.0057

Price to Cash Flow

16

Interest Cover Ratio

98.5053872240184

CFO/PAT (5 Yr. Avg.)

0.625770894705803

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 29.56 0
Mar 2022 29.37 0
Dec 2021 29.56 0
Sep 2021 29.53 0
Jun 2021 29.53 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 98.5053872240184.
  • The company has an efficient Cash Conversion Cycle of 79.1644347616092 days.
  • Company has a healthy liquidity position with current ratio of 4.58173283620863.

 Limitations

  • The company has shown a poor profit growth of 8.1040785270359% for the Past 3 years.
  • The company has shown a poor revenue growth of 2.42143810423434% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 2.53 4.22 3.79 7.45 4.6
Total Expenditure 2.62 4.14 3.78 6.96 4.58
Operating Profit -0.09 0.08 0 0.49 0.02
Other Income 0.01 0.02 0 0.06 0.01
Interest 0 0 0 0.01 0
Depreciation 0.07 0.07 0.08 0.08 0.08
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.16 0.03 -0.07 0.46 -0.05
Tax -0.03 0.03 -0.04 0.03 0
Profit After Tax -0.12 -0.01 -0.04 0.43 -0.05
Adjusted EPS (Rs) -0.37 -0.03 -0.11 1.3 -0.16

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

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Net Sales 9.63 12.98 18.08 21.53 13.95
Total Expenditure 9.04 12.19 16.88 18.86 12.47
Operating Profit 0.59 0.79 1.2 2.67 1.47
Other Income 0.39 0.27 0.07 0.06 0.03
Interest 0.01 0.02 0.17 0.01 0.01
Depreciation 0.11 0.14 0.16 0.19 0.26
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.86 0.91 0.95 2.53 1.23
Tax 0.33 0.22 0.49 0.6 0.37
Net Profit 0.53 0.69 0.46 1.93 0.87
Adjusted EPS (Rs.) 1.62 2.08 1.39 5.84 2.63

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 3.3 3.3 3.3 3.3 3.3
Total Reserves 5.69 6.38 6.81 8.42 9.41
Borrowings 0 0.12 0.03 0 0.02
Other N/C liabilities -0.03 -0.02 0.2 0.22 0.3
Current liabilities 1.97 2.25 3.42 2.41 1.89
Total Liabilities 10.93 12.03 13.76 14.35 14.91
Assets
Net Block 1.34 1.52 1.68 2.8 4.23
Capital WIP 0 0 0 0.27 0
Intangible WIP 0 0 0 0 0
Investments 1.26 2.44 2.44 1.24 0.01
Loans & Advances 2.72 0.1 2.13 1.86 1.96
Other N/C Assets 0 0.11 0.1 0 0.05
Current Assets 5.61 7.86 7.41 8.19 8.66
Total Assets 10.93 12.03 13.76 14.35 14.91
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Profit from operations 0.86 0.91 0.95 2.53 1.23
Adjustment -0.16 -0.07 0.17 0.16 0.23
Changes in Assets & Liabilities 0.3 0.18 -0.23 -1.85 -0.51
Tax Paid -0.36 -0.32 -0.17 -0.58 -0.46
Operating Cash Flow 0.63 0.7 0.72 0.26 0.49
Investing Cash Flow -0.48 -1.13 -0.25 -0.75 0.16
Financing Cash Flow -0.03 0.15 -0.11 -0.03 0.04
Net Cash Flow 0.12 -0.28 0.36 -0.53 0.69

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 29.53 29.53 29.56 29.37 29.56
bholenath develope... 14.81 - 14.81 14.81 -
bholenath develope... - 14.81 - - -
bholenath develope... - - - - 14.81
chandru ramchand c... 9.04 - - - -
chanda chandru cha... - 7.82 7.82 6.74 5.53
anil lachman sajna... 1.83 3.03 3.03 3.55 4.19
ashish lachman saj... 2.39 2.39 2.39 2.39 2.82
vinod chandru chaw... 0.04 0.05 0.05 0.05 0.05
kirtee anil sajnani 0.94 0.94 0.97 0.97 0.97
lachman sobhraj sa... 0.05 0.05 0.05 0.42 0.74
aryan anil sajnani 0.27 0.27 0.27 0.27 0.27
anil lachaman sajn... 0.05 0.05 0.05 0.05 0.05
lachman sajnani huf 0.05 0.05 0.05 0.05 0.05
minu lachman sajna... 0.05 0.05 0.05 0.05 0.05
kanishka vinod cha... 0.03 0.03 0.03 0.03 0.03
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 70.47 70.47 70.44 70.63 70.44
mahender hiranand ... 21.14 21.14 21.14 21.14 21.14
hitesh ramji javeri 4.97 4.97 4.97 4.97 4.97
surendra ratilal p... - - - - -
mahendra girdharil... 2.22 2.22 2.22 2.22 2.22
deepinder singh po... - - - - -
abhaykumar harilal... 1.47 - - - -
urvashi surendra p... 1.44 1.39 1.39 1.39 1.39
abhay harilal shah - 1.47 1.46 - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

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 Ropes informs voting results of 28th AGM 25 Aug 2020, 3:37PM Shree Steel Wire Ropes informs about newspaper publication11 Aug 2020, 10:22AM Shree Steel Wire Ropes informs about newspaper publication28 Jul 2020, 11:00AM Shree Steel Wire Ropes partially resumes operations26 Jun 2020, 12:03PM Shree Steel Wire Ropes informs about compliance certificate23 May 2020, 10:22AM

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 23.6962125718818 which is high and comparatively 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 5.93308520555762 % 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 4.58173283620863 .

  • 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 7.10833621336988 % .(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 0.0057 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 5.94974072912519 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 -35.2378063826956 % which is poor 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 10.5691408486815 %.

  • 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 %.

Brief about Shree Steel Wire

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