Superhouse Ltd - Stock Valuation and Financial Performance

BSE: 523283 | NSE: SUPERHOUSE | Footwear | Small Cap

Superhouse Share Price

197 -0.60 -0.30%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Superhouse

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Superhouse stock performance -

mw4me loader
P/E Ratio (SA):
19.32
Market Cap:
217.4 Cr.
52-wk low:
191
52-wk high:
286.1

Is Superhouse Ltd an attractive stock to invest in?

1. Is Superhouse Ltd a good quality company?

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

2. Is Superhouse Ltd undervalued or overvalued?

The key valuation ratios of Superhouse Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Superhouse Ltd a good buy now?

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

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.
Superhouse 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 13.9%11.6%8.8%5.7%4.7%6.9%7.2%5.8%7%5.1%-
Value Creation
Index
0.0-0.2-0.4-0.6-0.7-0.5-0.5-0.6-0.5-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 666707617585563594520454548633518
Sales YoY Gr.-6.1%-12.6%-5.2%-3.8%5.5%-12.4%-12.8%20.8%15.5%-
Adj EPS 28.829.221.511.47.617.620.41824.416.110.2
YoY Gr.-1.4%-26.3%-47.2%-33.4%132.6%15.8%-12%35.9%-33.9%-
BVPS (₹) 173.1199.8221.1233.2245.2261.2282299.5322.5339.8343.9
Adj Net
Profit
31.832.223.812.58.319.422.519.826.917.811
Cash Flow from Ops. 24.241.555.249.627.737.450.276.412.624.6-
Debt/CF from Ops. 7.34.63.53.86.64.731.69.55.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.6%2.4%6.8%15.5%
Adj EPS -6.3%16.3%-7.5%-33.9%
BVPS7.8%6.8%6.4%5.4%
Share Price 7.6% 10.1% 16.8% -16.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
17.715.510.153.277.56.27.84.93
Op. Profit
Mgn %
12.111.110.87.87.19.289.59.66.66.1
Net Profit
Mgn %
4.84.63.92.11.53.34.34.44.92.82.2
Debt to
Equity
0.90.90.80.70.70.60.50.40.30.4-
Working Cap
Days
172190226215213213237246213205125
Cash Conv.
Cycle
73841011061049711612411011241

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years 6.76%

Net Profit has been subdued in last 3 years -7.53%

Sales growth is not so good in last 4 quarters at -13.66%

Latest Financials - Superhouse Ltd.

Standalone Consolidated
TTM EPS (₹) 10.2 16.1
TTM Sales (₹ Cr.) 518 653
BVPS (₹.) 343.9 405.9
Reserves (₹ Cr.) 368 437
P/BV 0.57 0.49
PE 19.32 12.25
From the Market
52 Week Low / High (₹) 191.00 / 286.05
All Time Low / High (₹) 1.80 / 295.90
Market Cap (₹ Cr.) 217
Equity (₹ Cr.) 11
Face Value (₹) 10
Industry PE 88.3

Management X-Ray of Superhouse:

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 Superhouse

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales666707617585563594520454548633
Operating Expenses 586629551540523540479411496591
Manufacturing Costs194219193203198221202173228243
Material Costs288302257238229223186165178250
Employee Cost 31373639403838303842
Other Costs 73716460565953425256
Operating Profit 80786646405441435242
Operating Profit Margin (%) 12.0%11.0%10.8%7.8%7.1%9.1%7.9%9.4%9.5%6.6%
Other Income 6587137126911
Interest 2319201818181510811
Depreciation 13131415151414141415
Exceptional Items 00000000-40
Profit Before Tax 50514119202924253627
Tax 171816671005107
Profit After Tax 32322513131924202720
PAT Margin (%) 4.9%4.6%4.1%2.2%2.3%3.2%4.7%4.3%4.9%3.2%
Adjusted EPS (₹)29.429.522.811.811.717.422.017.824.218.3
Dividend Payout Ratio (%)5%5%7%8%9%6%4%6%4%5%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 194223247257271288311330356375
Share Capital 11111111111111111111
Reserves 182212235246259277300319345364
Minority Interest0000000000
Debt157170178173169165132100111126
Long Term Debt353540303228131300
Short Term Debt12213513814313813711987111126
Trade Payables100100101921191119288117108
Others Liabilities 12113712466635964646160
Total Liabilities 573630651589622622600582644669

Fixed Assets

Gross Block271289331211221234244250258289
Accumulated Depreciation11112613915294355687791
Net Fixed Assets159163192197192191188182180199
CWIP 316124632489
Investments 32353537394343434545
Inventories145173176170160152145121178164
Trade Receivables12610511495131128125121127160
Cash Equivalents 26283041393839695660
Others Assets811099247566756415032
Total Assets 573630651589622622600582644669

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 24415550283750761325
PBT 50514119202924253627
Adjustment 34313231262824242223
Changes in Working Capital -47-20-19-12-10530-38-17
Tax Paid -13-21-17-10-6-10-3-3-7-9
Cash Flow From Investing Activity -17-35-39-20-8-12-9-14-15-33
Capex -16-33-37-14-7-11-10-8-19-31
Net Investments -3-30-1-1-40-1-10
Others 21-1-5031-55-2
Cash Flow From Financing Activity -4-5-19-25-24-26-43-41-98
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 22-150-6-82-234
Interest Paid -25-18-19-18-18-18-15-10-8-11
Dividend Paid -2-2-2-2-1-1-1-1-1-1
Others 21133-10-5-1-18-322415
Net Cash Flow 32-34-5-1-122-11-1
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)18.3615.7910.825.24.896.868.126.137.795.53
ROCE (%)21.2517.9114.298.528.3410.178.537.69.577.59
Asset Turnover Ratio1.261.180.970.950.930.950.850.770.890.96
PAT to CFO Conversion(x)0.751.282.23.852.151.952.083.80.481.25
Working Capital Days
Receivable Days58606465738089998283
Inventory Days76821031071079610410710099
Payable Days124121143148168188199199209164

Superhouse Ltd Stock News

Superhouse Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Superhouse on 28-Mar-2024 16:01 is ₹197.0.
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 28-Mar-2024 16:01 the market cap of Superhouse stood at ₹217.4.
The latest P/E ratio of Superhouse as of 28-Mar-2024 16:01 is 19.32.
The latest P/B ratio of Superhouse as of 28-Mar-2024 16:01 is 0.57.
The 52-week high of Superhouse is ₹286.1 and the 52-week low is ₹191.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Superhouse is ₹518.4 ( Cr.) .

About Superhouse Ltd

Superhouse Group is a conglomeration of several companies engaged in manufacturing and export of finished leather, leather products and textile garments. The parent company, Aminsons Leather Finishers Pvt., was incorporated as private company on January 14, 1980. It was converted into a public limited company on December 22, 1984 and its name was changed to Aminsons on February 21,1989.

In addition, five group companies - Super House Limited, Super Garments Limited, Sharp Leathers Limited, Super Footwear and Allen Shoes - were merged with Aminsons Limited in 1994, 1995 and 1996 as per the orders of the Hon’ble High Court of Judicature, Allahabad. The name of the company was changed to Superhouse Leathers on March 4,1996 and finally Superhouse Limited on November 10, 2006 with the approval of the Registrar of Companies, Kanpur (U.P.).

Superhouse Group, is a multi- unit and multi- product conglomerate with brand leadership in the field of footwear manufacturing and exports. The group is well equipped with the most modern machineries and a specialized workforce and produces all types of quality leather, leather goods and textile garments that are appreciated all over the world. A $75 million group, Superhouse Group has 15 units, with a workforce of over 5000 and a presence in more than 35 countries. Their commitment to quality is reaffirmed by their stringent EN 345-norms make them one of the most respected manufacturers amongst importers from European countries. Being equipped with requisite infrastructure and strict adherence to high standards of quality, they are able meet CSA, ANZ & and SABS standards.

Nine state-of-the-art units involved in manufacturing footwear and Shoe accessories, are ably backed by its marketing offices strategically located in the USA, the UK, the UAE and Romania.

Its four modern tanneries provide it with the finest quality leather for their footwear production. To meet the exacting demand of clients they also import leather from Brazil, Italy and Columbia.

Product range of the company includes:

  • Finished Leather
  • Men’s Footwear
  • Ladies Footwear
  • Children Footwear
  • Safety Footwear
  • Leather Accessories
  • Readymade Garments
  • Leather Garments
  • Riding Products
  • Safety Wear

Achievements/ recognition:

  • 2011-12
    Excellent Export Performance 2011-12 for Leather Footwear Silver Trophy Presented by Council for Leather Exports
    Best Export Performance 2011-12 for Non Leather Harness & Saddlery presented by Council for Leather Exports.
    Best Overall Export Performance 2011-12 Gold Trophy presented by Council for Leather Exports.
  • 2010-11
    Excellent Export Performance 2010-11 for Leather Footwear Silver Trophy Presented by Council for Leather Exports.
    Best Export Performance 2010-11 for Non Leather Harness & Saddlery presented by Council for Leather Exports.
    Best Overall Export Performance 2010-11 Gold Trophy presented by Council for Leather Exports.
  • 2007-08 -  Commendable Export Performance 2007-08 Silver Trophy.presented by Council for Leather Exports. 
  • 2007-08  - Best Export Performance 2007-08 Non-Leather Saddlery & Harness.presented by Council for Leather Exports. 
  • 2007-08 -  Trading House Certificate.presented by Ministry of Commerce and Industry, Government of India.
  • 2006-07 -  Best Overall Export Performance 2006-07 Gold Trophy presented by Council for Leather Exports.
  • 2006-07 -  Best Export Performance 2006-07 Non- Leather Saddlery & Harness presented by Council for Leather Exports
  • 2006-07 -  Certificate of Merit for Securing ISO 14001 Certification for Finished Leather, Shoes & Accessories Units. presented by Council for Leather Exports.
  • 2006-07 - Certificate of Merit for Securing OHSAS 18001 Certification for Finished Leather, Shoes & Accessories Units.
  • 2006-07 - 21st Century Millennium Award for Outstanding Achievements in Chosen Field of Activity, presented by International Institute of Education & Management.
  • Mr. Mukhtarul Amin, Chairman and Managing Director of Superhouse unanimously elected as Chairman of Council for Leather Export.
  • 2005-06  - Best Overall Export Performance 2005-2006 Gold Trophy presented by Council For Leather Exports.
  • 2004-05 -  Utkrast Puraskaar-2004-05 / Rajya Niryaat Puraskaar presented by Niryaat Protsaahan Vibhag, Uttar Pradesh Govt.
  • 2003-04  - Best Overall Export Performance 2003-04 Gold Trophy presented by Council For Leather Exports.
  • 2003-04 -  1st Prize Rajya Niryaat Puraskaar 2003-04, presented by Rajya Niryaat Protsaahan Vibhag, Uttar Pradesh Govt.
  • 2002-03   2nd Prize Rajya Niryaat Puraskaar 2002-03,presented by Niryaat Protsaahan Vibhag, Uttar Pradesh Govt. 2001-02  - Best Export Performance in Finished Leather, presented by Council for Leather Exports. 1998-99  - Commendable Export Performance during 1998-99 in Overall Exports, presented by Council for Leather Exports.
  • Trophy for Best Performance among the Exporters Above US $ 5 Million during 1998-99 in Footwear Components.presented by Council for Leather Exports.
  • 1997-98 -  Certificate of Merit for Commendable Performance during 1997-98.presented by Council for Leather Exports.
  • 1997-98  - Certificate of Merit for Commendable Performance during 1997-98 in Footwear Components.presented by Council for Leather Exports.
  • 1996-97 -  Certificate of Merit for Commendable Performance during 1996-97 in Footwear Components. presented by Council for Leather Exports.
  • 1995-96  - 2nd Prize State Export Award.presented by Uttar Pradesh Govt.
  • 1995-96 -  Certificate of Merit for Commendable Performance during 1995-96 in Footwear Components.presented by Council for Leather Exports.
  • 1994-95 -  Certificate of Merit for Commendable Performance during 1994-95 in Footwear Components.presented by Council for Leather Exports.
  • 1991-92 -  2nd Prize State Export Award. presented by Uttar Pradesh Sarkar.
  • 1991-92 -  State Export Award 1990-1991.presented by Uttar Pradesh Govt.
  • Action Award 1991 presented to Mr. Mukhtarul Amin for Excellent Person of the year.
  • 1988-89 - 1st Prize state Export Award 1988-89 presented by Uttar Pradesh Govt.
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