Sreeleathers Ltd - Stock Valuation and Financial Performance

BSE: 535601 | NSE: SREEL | Trading | Small Cap

Sreeleathers Share Price

276 -4.40 -1.57%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Sreeleathers

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Sreeleathers stock performance -

mw4me loader
P/E Ratio (SA):
22.53
Market Cap:
648.9 Cr.
52-wk low:
160
52-wk high:
436

Is Sreeleathers Ltd an attractive stock to invest in?

1. Is Sreeleathers Ltd a good quality company?

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

2. Is Sreeleathers Ltd undervalued or overvalued?

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

3. Is Sreeleathers Ltd a good buy now?

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

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.
Sreeleathers 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 % 3.9%4.2%5.2%5.9%8.4%9.5%9.4%3.6%5.2%7.3%-
Value Creation
Index
-0.7-0.7-0.6-0.6-0.4-0.3-0.3-0.8-0.6-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5766.879.799.614116817383.4122200216
Sales YoY Gr.-17.1%19.4%24.9%41.5%18.9%3.2%-51.8%46.2%63.8%-
Adj EPS 2.72.94.15.18.110.311.44.87.111.112.4
YoY Gr.-9.8%40.1%25.4%56.9%27.7%11.2%-57.9%48.4%54.9%-
BVPS (₹) 74.577.982.491.1101.4115128.7135.4145.6160.6174.4
Adj Net
Profit
6.77.310.312.920.325.928.811.216.525.629
Cash Flow from Ops. 19.7-1.28.614.227.815.528.910.916.629.1-
Debt/CF from Ops. 0.6-2.30.30.200.10000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 15%7.2%4.9%63.8%
Adj EPS 17.2%6.6%-1.1%54.9%
BVPS8.9%9.6%7.7%10.3%
Share Price 0.2% 3.6% 24.4% 65.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.63.85.15.98.49.59.43.55.17.27.4
Op. Profit
Mgn %
19.419.219.920.822.822.523.119.519.317.918.7
Net Profit
Mgn %
11.71112.91314.415.416.613.413.612.813.3
Debt to
Equity
0.1000000000-
Working Cap
Days
7061636359614866422721
Cash Conv.
Cycle
2223211613121120151010

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.40%

Sales growth is good in last 4 quarters at 18.17%

Sales growth has been subdued in last 3 years 4.88%

Net Profit has been subdued in last 3 years -1.09%

Latest Financials - Sreeleathers Ltd.

Standalone Consolidated
TTM EPS (₹) 12.4 -
TTM Sales (₹ Cr.) 216 -
BVPS (₹.) 174.4 -
Reserves (₹ Cr.) 381 -
P/BV 1.61 -
PE 22.53 -
From the Market
52 Week Low / High (₹) 160.00 / 435.95
All Time Low / High (₹) 87.10 / 435.95
Market Cap (₹ Cr.) 649
Equity (₹ Cr.) 23.2
Face Value (₹) 10
Industry PE 76.7

Management X-Ray of Sreeleathers:

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 Sreeleathers

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
Sales57678010014116817383122200
Operating Expenses 465464791091301336798164
Manufacturing Costs0000000000
Material Costs414757701001201226089149
Employee Cost 1222233345
Other Costs 35576774510
Operating Profit 11131621323840162436
Operating Profit Margin (%) 19.4%19.2%19.9%20.8%22.8%22.5%23.1%19.5%19.3%17.9%
Other Income 1231200011
Interest 1100000000
Depreciation 1111111111
Exceptional Items 0000070000
Profit Before Tax 10121721334439152335
Tax 3467111310469
Profit After Tax 781113213129111726
PAT Margin (%) 12.4%12.6%14.2%13.5%15.2%18.5%16.6%13.4%13.6%12.8%
Adjusted EPS (₹)2.83.44.55.38.512.411.44.87.111.1
Dividend Payout Ratio (%)9%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 187196207229255289324314337372
Share Capital 25252525252525232323
Reserves 162171182204230264299291314349
Minority Interest0000000000
Debt0003110000
Long Term Debt0000000000
Short Term Debt0003110000
Trade Payables3235477668
Others Liabilities 17811927197101114
Total Liabilities 208206221246287317339330355394

Fixed Assets

Gross Block161166166159166161161164164165
Accumulated Depreciation457191011121214
Net Fixed Assets157160159158157151150152152151
CWIP 4000000000
Investments 3029286477130167159182219
Inventories47810111414111314
Trade Receivables2101001000
Cash Equivalents 551862675578
Others Assets448816142211
Total Assets 208206221246287317339330355394

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 20-1914281529111729
PBT 10121721334439152335
Adjustment 10-200-61122
Changes in Working Capital 12-10-117-9-11-11
Tax Paid -4-4-6-7-11-13-10-7-7-9
Cash Flow From Investing Activity -183-6-16-4-32-3425-16-25
Capex 0000013000-1
Net Investments -183-8-17-4-45-3425-16-24
Others 0121000000
Cash Flow From Financing Activity -2-2000-20-33-1-1
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -1-100000000
Dividend Paid -1-100000000
Others 00000-10-33-1-1
Net Cash Flow 002-224-18-5204
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)3.844.415.616.148.8311.429.383.55.087.23
ROCE (%)6.0178.719.4413.4216.2412.784.867.069.89
Asset Turnover Ratio0.290.320.370.430.530.560.530.250.360.53
PAT to CFO Conversion(x)2.86-0.130.821.081.330.481111.12
Working Capital Days
Receivable Days17822211211
Inventory Days28303433262730563625
Payable Days25181721161722402517

Sreeleathers Ltd Stock News

Sreeleathers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sreeleathers on 28-Mar-2024 16:01 is ₹276.0.
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 Sreeleathers stood at ₹648.9.
The latest P/E ratio of Sreeleathers as of 28-Mar-2024 16:01 is 22.53.
The latest P/B ratio of Sreeleathers as of 28-Mar-2024 16:01 is 1.61.
The 52-week high of Sreeleathers is ₹435.9 and the 52-week low is ₹160.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sreeleathers is ₹216.4 ( Cr.) .

About Sreeleathers Ltd

The beginning of the brand Sreeleathers was many decades ago, when Sri Satyabrata Dey came to Calcutta and started a business of selling footwear from a little shop on Lindsay street. At a time when wearing leather footwear was seen as a Luxury, and the retail industry didn’t cater to the middle class population in India: he focused on making good quality leather footwear accessible to everyone.

Sri Satyabrata Dey Nurtured a dream to make durable footwear that could be affordable. This dream came true when Sreeleathers expanded to become a pioneer in Eastern India, gradually landing it an international dimension. The Lindsay street showroom holds record for being the World’s Largest Single brand footwear store. There are 35 Dealer Showroom, apart from its own 5 Showrooms, all over the Country. Although, he values growth in his business endeavours, his patrons, have always been his top priority; and would always protect their interests become authorising a Dealer showroom. Sri Satyabrata dey’s ability to be ambitious and yet true to his founding principles, made Sreeleathers a household name today.

Business area of the company

The company is engaged in the business of dealing in all kinds of footwear and leather accessories. It is also engaged as retailer and wholesaler of footwear and leather articles.

Products

  • Shoes
  • Sandals
  • Chappals
  • Nagra Shoes
  • Belts
  • Wallets
  • Bags
  • Special Boxes
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