Srikalahasthi Pipes Ltd - Stock Valuation and Financial Performance

BSE: 513605 | NSE: SRIPIPES | Castings/Forgings | Small Cap

Srikalahasthi Pipes Share Price

201.15 0.00 0.00%
as on 12-Jan'22 18:01

DeciZen - make an informed investing decision on Srikalahasthi Pipes

M-Cap below 100cr DeciZen not available

Srikalahasthi Pipes stock performance -

mw4me loader
P/E Ratio (SA):
5.67
Market Cap:
939.3 Cr.
52-wk low:
199
52-wk high:
204

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

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

3. Is a good buy now?

No data found

10 Year X-Ray of Srikalahasthi Pipes:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 5.7%4.3%11.6%16.2%19.8%13.5%11.5%9%12.4%6.9%-
Value Creation
Index
-0.6-0.7-0.20.20.40.0-0.2-0.4-0.1-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7878649891,0841,1461,1781,5871,5591,6631,5031,778
Sales YoY Gr.-9.8%14.5%9.5%5.7%2.8%34.7%-1.8%6.7%-9.6%-
Adj EPS -1.1-3.39.520.838.834.529.525.54222.835.5
YoY Gr.-NANA120%86.4%-11.2%-14.6%-13.5%64.8%-45.8%-
BVPS (₹) 5248.756.773.8175.4204.6252.4270.3303.3318.4329.3
Adj Net
Profit
-4.3-13.137.782.8154137138119196106166
Cash Flow from Ops. -14185145158200185114239-125549-
Debt/CF from Ops. -352.53.12.72.22.63.91.6-50.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.5%5.6%-1.8%-9.6%
Adj EPS NA-10.1%-8.3%-45.8%
BVPS22.3%12.7%8.1%5%
Share Price 23.4% -2.6% 6.1% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on
Equity %
-2.1-6.51831.931.218.213.89.814.67.311
Op. Profit
Mgn %
8.35.311.71723.319.414.812.716.812.915.2
Net Profit
Mgn %
-0.6-1.53.87.613.511.78.77.611.87.19.3
Debt to
Equity
2.42.421.50.60.60.40.30.40.30.1
Working Cap
Days
228202166150125126120191260290131
Cash Conv.
Cycle
121106645569788011613913768

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Srikalahasthi Pipes Ltd.

Standalone Consolidated
TTM EPS (₹) 35.5 -
TTM Sales (₹ Cr.) 1,778 -
BVPS (₹.) 329.3 -
Reserves (₹ Cr.) 1,491 -
P/BV 0.61 -
PE 5.67 -
From the Market
52 Week Low / High (₹) 199.00 / 204.00
All Time Low / High (₹) 1.00 / 448.85
Market Cap (₹ Cr.) 939
Equity (₹ Cr.) 46.7
Face Value (₹) 10
Industry PE 33.9

Management X-Ray of Srikalahasthi Pipes:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *31.3631.3631.1831.1631.1631.1631.160.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Srikalahasthi Pipes

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Sales787863.89989.401,083.551,145.611,177.871,586.791,558.801,662.901,502.59
Operating Expenses 721.75818.10873.70901.26878.87949.371,353.011,372.031,402.711,321.70
Manufacturing Costs129.24161.83206.96211.05262.41275.58270.38264.10340.45320.79
Material Costs524.47587.76585595.78512.04549.74872.77878.31855.41798.65
Employee Cost 36.0537.9944.3653.7568.0470.6775.1178.7887.2483.47
Other Costs 31.9730.5237.3740.6836.3853.37134.74150.84119.60118.79
Operating Profit 65.2545.79115.70182.29266.74228.50233.78186.77260.20180.89
Operating Profit Margin (%) 8.3%5.3%11.7%16.8%23.3%19.4%14.7%12.0%15.6%12.0%
Other Income 8.4315.4810.0511.9919.9338.9045.5750.8263.6956.34
Interest 57.8660.4256.3943.6942.5039.2942.9740.5046.2045.56
Depreciation 19.9922.1827.9431.1734.6736.8935.4537.0541.1746.24
Exceptional Items 0000000000
Profit Before Tax -4.17-21.3341.42119.42209.51191.22200.93160.05236.52145.42
Tax -0.22-8.232.7237.2554.1950.9953.5342.5148.8541.77
Profit After Tax -3.95-13.1038.7082.17155.32140.23147.40117.54187.68103.65
PAT Margin (%) -0.5%-1.5%3.9%7.6%13.6%11.9%9.3%7.5%11.3%6.9%
Adjusted EPS (₹)-1.0-3.39.720.739.135.331.625.240.222.2
Dividend Payout Ratio (%)0%0%15%15%13%17%19%24%17%27%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21

Equity and Liabilities

Shareholders Fund 206.86193.77225.48293.29697.30813.541,178.791,262.391,416.151,486.99
Share Capital 39.7639.7639.7639.7639.7639.7646.7046.7046.7046.70
Reserves 167.10154.01185.72253.53657.54773.771,132.091,215.691,369.451,440.30
Minority Interest0000000000
Debt450.72427.36410.20378.63401.53451.09416.29351.13572.01420.48
Long Term Debt129.59150.66174.62179.97109.0263.8738.41163.93118.11122.48
Short Term Debt321.13276.71235.57198.66292.50387.23377.87187.20453.91298
Trade Payables122.10104.80195.70102.4051.5485.3386.16317.24127.36110.30
Others Liabilities 161.43179.67186.76196.86230.61207214.41435.54561.74637.46
Total Liabilities 941.11905.611,018.15971.191,380.981,556.951,895.652,366.302,677.262,655.23

Fixed Assets

Gross Block460.69612.67634.63710.91833.71980.86943.47997.571,107.181,152.38
Accumulated Depreciation149.20171.30199.17223.6134.6771.55106.98139.06180.07226.26
Net Fixed Assets311.49441.37435.45487.30799.04909.31836.49858.52927.11926.12
CWIP 63.1417.0220.048.8919.445.6829.7624.0740.37172.37
Investments 0000147.29152.64213.4600156.61
Inventories318.77208.26236.75134.59118.89213.43209.12352.68332.84305.71
Trade Receivables122.37119.43148.01186.05207.55143.34334.73305.48541.73225.81
Cash Equivalents 10.2410.2157.3559.2521.5455.48204.56462.81363362.82
Others Assets115.10109.32120.5495.1267.2377.0867.52362.74472.21505.80
Total Assets 941.11905.611,018.15971.191,380.981,556.951,895.652,366.302,677.262,655.23

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Cash Flow From Operating Activity -14185.15145.12157.62200.25185.10114.31238.51-124.58548.91
PBT -4.17-21.3341.42119.42209.51191.22200.93160.05236.52145.42
Adjustment 77.3582.6282.8675.8175.5657.9752.4237.5729.7444.05
Changes in Working Capital -86.59123.8613.35-60.8-38.82-23.6-96.0275.71-332.48395.64
Tax Paid 007.5024-46-40.50-43.02-34.83-58.36-36.21
Cash Flow From Investing Activity -65.79-105.96-25.07-72.81-201.43-137.11-15.65-52.60-189.97-107.28
Capex -66.29-105.96-25.07-73.28-39.08-133.3513.31-54.22-105.81-143.35
Net Investments 0.50000.47-159.901.11-46.9514.09-148.19-45.76
Others 0000-2.44-4.8717.99-12.4664.0381.83
Cash Flow From Financing Activity 71.09-83.48-71.63-82.14-32.88-14.8248.99-130.6165.36-333.84
Net Proceeds from Shares 000000246.34000
Net Proceeds from Borrowing 52.4721.0723.975.34-70.94-45.16-35.84133.97-35.911.05
Interest Paid -56.04-60.13-54.46-43.59-42.10-40.33-42.85-40.33-47.33-47.18
Dividend Paid -5.9600-5.96-14.36-24.06-28.85-33.58-33.63-32.56
Others 80.63-44.42-41.13-37.9294.5294.72-89.81-190.67182.23-255.15
Net Cash Flow -8.69-4.2948.422.67-34.0633.17147.6455.30-249.19107.78
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21
Ratios
ROE (%)-1.89-6.5418.4631.6831.3618.5614.89.6314.017.14
ROCE (%)8.515.7614.6423.3427.0418.8716.712.2715.379.6
Asset Turnover Ratio0.940.971.081.1310.820.920.730.660.56
PAT to CFO Conversion(x)N/AN/A3.751.921.291.320.782.03-0.665.3
Working Capital Days
Receivable Days58494754615355759393
Inventory Days1241077860395048667578
Payable Days87709491554536394954

Srikalahasthi Pipes Ltd Stock News

Srikalahasthi Pipes Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Srikalahasthi Pipes on 12-Jan-2022 18:01 is ₹201.2.
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 12-Jan-2022 18:01 the market cap of Srikalahasthi Pipes stood at ₹939.3.
The latest P/E ratio of Srikalahasthi Pipes as of 12-Jan-2022 18:01 is 5.67.
The latest P/B ratio of Srikalahasthi Pipes as of 12-Jan-2022 18:01 is 0.61.
The 52-week high of Srikalahasthi Pipes is ₹204.0 and the 52-week low is ₹199.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Srikalahasthi Pipes is ₹1,778 ( Cr.) .

About Srikalahasthi Pipes Ltd

Lanco Industries (LIL) was incorporated on November 1, 1991 by Lanco group of companies to manufacture pig iron using Korf (German) technology and cement. The unit is located at Rachagunneri Village on Tirupathi, Srikalahasthi road which is about 30 km from Tirupathi and 10 km from Srikalahasthi. The installed capacity of pig iron was 90,000 TPA and with similar capacity 90,000 TPA for cement.

Due to poor demand and other reasons, the operations of the cement unit of the company was suspended and the unit was reengineered for producing a different product mix having potential in south India.

As a measure of forward integration project for adding value to the pig iron manufactured by the company, LIL floated an another company named Lanco Kalahasthi Castings (LKCL) on March 4,1997 to manufacture iron castings and spun pipes in the same campus of the company with an annual capacity of 40,000 TPA and 35,700 TPA respectively. Accordingly, LIL had an arrangement with LKCL for supply of molten iron and pig iron to LKCL, being a value added product, as such iron pipes manufactured by LKCL offered better returns.

However, due to falling pig iron prices, increased additional capacity in the industry, competition and the technical & financial assistance, the operations of both LIL and LKCL were affected and the company was exploring financial and technical strategic alliance with Indian / Foreign Partner.

History

  • 1991 -Incorporation of Lanco
  • 1994 -Setting up of Mini Blast Furnace with 90,000 TPA capacity 
  • 1995 -Setting up a 250 TPD Mini Cement Plant 
  • 1997 -Setting up of LKCL for manufacture of 40,000 TPA castings and 35,700 TPA DI Pipes
  • 2002 -Strategic Alliance with Electrosteel Casting Limited
  • 2002 -Infusion of Rs.2200 lakhs to the equity and financial restructuring
  • 2003 -Merger of LKCL with LIL for synergy 
  • 2003 -Capacity of Pig Iron was increased to 90,000 TPA to 150000 TPA. 
  • 2004 -Capacity of DI Pipes was increased to 90,000 TPA. 
  • 2005 -Commissioning of 150,000 TPA coke oven plant. 
  • 2005 -Setting up of Captive Power Plant of 12 MW by using the waste heat recovered from the coke oven plant.
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.