Super Tannery Ltd - Stock Valuation and Financial Performance

BSE: 523842 | NSE: | Leather | Small Cap

Super Tannery Share Price

9.30 0.25 2.76%
as on 16-Apr'24 16:01

DeciZen - make an informed investing decision on Super Tannery

M-Cap below 100cr DeciZen not available

Super Tannery stock performance -

mw4me loader
P/E Ratio (SA):
18.00
Market Cap:
99.9 Cr.
52-wk low:
6.4
52-wk high:
12.8

Is Super Tannery Ltd an attractive stock to invest in?

1. Is Super Tannery Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Super Tannery Ltd is a below average quality company.

2. Is Super Tannery Ltd undervalued or overvalued?

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

3. Is Super Tannery Ltd a good buy now?

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

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.
Super Tannery Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.3%8.6%5.7%5.8%4.8%4.7%6.2%5.3%4%5.7%-
Value Creation
Index
-0.2-0.4-0.6-0.6-0.7-0.7-0.6-0.6-0.7-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 351316238233235186182191221225212
Sales YoY Gr.--10.1%-24.7%-2%0.8%-20.7%-2.2%4.7%15.9%1.5%-
Adj EPS 10.70.30.40.30.30.40.50.40.60.5
YoY Gr.--35.6%-47.7%14.7%-12.8%-26.5%72%4.7%-17.8%56.8%-
BVPS (₹) 6.77.17.47.877.27.688.48.99.2
Adj Net
Profit
10.973.74.23.72.74.64.946.36
Cash Flow from Ops. -4.98.112.9272.225.217.84.221.221.3-
Debt/CF from Ops. -19.712.28.43.536.12.84.119.63.73.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -4.8%-0.9%7.2%1.5%
Adj EPS -6%11.3%10.5%56.8%
BVPS3.1%4.9%5.4%6.2%
Share Price 17.5% 29.8% 51.6% 38.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
15.89.14.65.14.63.55.85.84.56.75.7
Op. Profit
Mgn %
8.19.29.297.18.88.48.677.67.8
Net Profit
Mgn %
3.12.21.51.81.61.42.52.61.82.82.6
Debt to
Equity
1.31.31.31.11.10.90.910.90.7-
Working Cap
Days
187208265272255284274281244222110
Cash Conv.
Cycle
10712115817415517516816314112617

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.70%

Net Profit is growing at healthy rate in last 3 years 10.49%

Debt to equity has declined versus last 3 years average to 0.71

Sales growth has been subdued in last 3 years 7.19%

Sales growth is not so good in last 4 quarters at -2.72%

Latest Financials - Super Tannery Ltd.

Standalone Consolidated
TTM EPS (₹) 0.5 0.5
TTM Sales (₹ Cr.) 212 216
BVPS (₹.) 9.2 8.8
Reserves (₹ Cr.) 88 84
P/BV 1.01 1.05
PE 18.00 17.44
From the Market
52 Week Low / High (₹) 6.37 / 12.80
All Time Low / High (₹) 0.10 / 12.80
Market Cap (₹ Cr.) 99.9
Equity (₹ Cr.) 10.8
Face Value (₹) 1
Industry PE 36.2

Management X-Ray of Super Tannery:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *50.8250.8250.8250.8250.8250.8450.8951.1051.1051.12
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Super Tannery

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
Sales350.95315.65237.81233.05234.93186.39182.35190.86221.18224.59
Operating Expenses 322.80288.97216212.85218.99170.72167.28174.81205.72208.05
Manufacturing Costs89.9190.7071.3579.0563.6958.7569.2265.1174.0582.53
Material Costs204.76163.50114.72103.04126.548671.8385.31103.1493.49
Employee Cost 5.897.077.838.078.637.417.207.488.279.46
Other Costs 22.2427.7022.1022.6920.1418.5619.0316.9220.2622.57
Operating Profit 28.1526.6821.8220.2015.9415.6815.0716.0415.4616.54
Operating Profit Margin (%) 8.0%8.5%9.2%8.7%6.8%8.4%8.3%8.4%7.0%7.4%
Other Income 0.260.882.152.021.950.820.981.171.422.06
Interest 10.0311.459.609.085.996.306.705.333.964.46
Depreciation 4.377.087.267.295.705.965.705.956.276.56
Exceptional Items 0000000000
Profit Before Tax 14.019.037.115.846.204.233.645.936.647.59
Tax 3.393.553.542.052.132.11-0.851.322.611.53
Profit After Tax 10.625.473.573.794.072.134.494.614.036.06
PAT Margin (%) 3.0%1.7%1.5%1.6%1.7%1.1%2.5%2.4%1.8%2.7%
Adjusted EPS (₹)1.00.50.30.40.40.20.40.40.40.6
Dividend Payout Ratio (%)5%10%0%0%0%0%0%12%13%9%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 74.7178.5382.1084.0175.4577.6581.7486.5090.1695.79
Share Capital 10.8010.8010.8010.8010.8010.8010.8010.8010.8010.80
Reserves 63.9167.7371.3073.2264.6566.8570.9475.7079.3784.99
Minority Interest0000000000
Debt92.7192.3710592.3378.8670.4670.8081.6776.8167.92
Long Term Debt4.804.202.670.360.600.503.362.800.540.45
Short Term Debt87.9188.17102.3391.9778.2669.9767.4478.8776.2767.47
Trade Payables49.1839.7936.4442.3831.2030.9634.5142.6433.4235.46
Others Liabilities 35.1433.9029.2930.3029.5824.4026.3827.0930.0127.77
Total Liabilities 251.74244.60252.83249.03215.09203.47213.44237.89230.41226.94

Fixed Assets

Gross Block105.80114.31123.75124.4263.9672.3284.7398.30104.69111.64
Accumulated Depreciation40.2948.3055.2560.6311.3616.6522.3027.8833.4339.85
Net Fixed Assets65.5166.0168.5063.7952.5955.6762.4370.4371.2571.79
CWIP 2.442.381.422.022.674.521.652.148.4011.25
Investments 2.582.592.912.942.893.192.932.973.023.08
Inventories86.8690.6498.19108.5671.7879.7486.0978.6364.7459.56
Trade Receivables64.1952.2051.6045.5155.9437.1836.8856.1953.2653.39
Cash Equivalents 3.892.415.845.883.024.388.346.888.077.82
Others Assets26.2628.3724.3620.3226.1918.7915.1120.6521.6620.04
Total Assets 251.74244.60252.83249.03215.09203.47213.44237.89230.41226.94

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -4.938.1012.8726.982.1925.1517.794.2221.2221.32
PBT 14.019.037.115.846.204.233.645.936.647.59
Adjustment 9.2118.3815.6715.109.2010.7710.259.878.198.99
Changes in Working Capital -17.49-6.14-6.698.69-10.7411.795.47-10.997.745.97
Tax Paid -3.43-4.68-3.23-2.65-2.46-1.64-1.58-0.58-1.35-1.23
Cash Flow From Investing Activity -9.18-9.23-10.49-5.08-3.45-10.63-11.12-13.83-11.27-7.52
Capex -9.95-9.22-8.83-4.92-3.32-10.14-9.16-13.94-11.46-8.38
Net Investments 0-0.01-0.31-0.03-0.06-0.300.26000
Others 0.770-1.35-0.13-0.06-0.19-2.220.110.190.86
Cash Flow From Financing Activity 14.79-0.36-0.32-22.10-1.19-13.50-5.167.99-8.81-13.38
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000-0.49-0.242.870.68-2.26-0.09
Interest Paid -1.49-1.40-8.48-8.03-5.04-4.96-5.50-4.12-2.85-3.52
Dividend Paid -0.61-0.61-0.610.010000-0.54-0.54
Others 16.901.668.77-14.084.34-8.30-2.5311.43-3.17-9.23
Net Cash Flow 0.69-1.482.06-0.21-2.451.021.51-1.621.140.42
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)15.857.334.554.625.12.785.645.484.566.52
ROCE (%)15.3711.869.28.177.346.956.856.976.297.26
Asset Turnover Ratio1.351.230.960.931.010.890.870.850.940.98
PAT to CFO Conversion(x)-0.461.483.617.120.5411.813.960.925.273.52
Working Capital Days
Receivable Days68698076799174899087
Inventory Days93106145161140148166158118101
Payable Days8399121140106132166165135134

Super Tannery Ltd Stock News

Super Tannery Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Super Tannery on 16-Apr-2024 16:01 is ₹9.30.
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 16-Apr-2024 16:01 the market cap of Super Tannery stood at ₹99.88.
The latest P/E ratio of Super Tannery as of 16-Apr-2024 16:01 is 18.00.
The latest P/B ratio of Super Tannery as of 16-Apr-2024 16:01 is 1.01.
The 52-week high of Super Tannery is ₹12.80 and the 52-week low is ₹6.37.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Super Tannery is ₹212.1 ( Cr.) .

About Super Tannery Ltd

Super Tannery the buyer driven organization, founded by Ch. Ehsan Kareem with a conviction to bring distant people closer, promotes understanding, friendship and co-operation among nations. This name is reckoned in the international leather forums  for fusing new knowledge and technologies to create new products for the benefit of all mankind.

Safety shoes, military boots or specialty leather for industrial application and upholsteries Super Tannery's second nature is to lead from the front in the innovative ventures. Past five decades have recorded the company's growth on a 40,000 sq. m plot of land. Not just in terms of sheds, yards, machines and structures but with in the form of pioneers who build goodwill for leather ware internationally.

Super Tannery standard of building customitized select list as per market demands holds it apart to reign supreme. Uninterrupted production flow and effective management features help it bear the hallmark company seal.

The eco friendly site at Banther having proximity and connectivity for customer convenience location wise covers a huge working area of 80000 sq. feet was developed for goat leather production. A focal venture of the dedicated, professional shared and sharpened experience holders in management of international acumen in leather standard.  The company’s ability to relate to a customer's requirements and respond with the flexibility of products made-to-order-and-deliver capability is a definite edge it enjoys over its competition. Combining them with state-of-the-art machinery, the company is engaged in a constant endeavour to set the highest standards in quality, performance, reliability and professionalism.

One of the leading tanners and footwear manufacturers in Northern India, they export finished leather, footwear components, dress and casual shoes, as well as safety boots to several countries in Europe, Africa & Asia.

Product range of the company includes:

From its three shoe factories, it manufactures

  • Goodyear Welt safety shoes
  • Stitched down casual shoes
  • Hand lasted moccasin
  • Cement lasted dress shoes
  • Vulcanized safety shoes & combat boots
  • It produces Safety Shoes/Boots which conform to the safety norms specified under EN345.

Achievements/ recognition

  • An ISO 9001-2000 Certified company.
  • It possesses certification from basic safety to S3 version
  • It produces safety shoes/boots which conform to the safety norms specified under EN345
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.