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Standard Batteries Ltd. Stock Analysis

Small Cap
Evaluated by 67 users | BSE: 504180 | NSE: STANDRDBAT |
Trading
Standard Batteries was incorporated on June 20, 1945 at Mumbai. The company's object is to manufacture batteries and allied products and accessories.Milestones:1945 - The company was incorporated on June 20, at Mumbai. The company's object is to manufacture batteries and allied products...

Analysis of Financial Track Record

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
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 2.68%5.02%4.53%5.79%-30.17%-0.8%0.78%-1.02%-5.37%16.44%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 0.20.30.20.10.20.70.20.20.20.5
Y-o-Y Gr. Rt.-73.3%-11.5%-73.9%166.7%312.5%-74.2%41.2%-25%172.2%
Adjusted EPS (Rs.) 0.270.570.550.74-3.43-0.080.08-0.1-0.521.76
Y-o-Y Gr. Rt.-111.1%-3.5%34.6%-563.5%NANA-225%NANA
Book Value per Share (Rs.) 10.8711.7712.3313.079.659.989.849.749.6311.8
Adjusted Net Profit 0.10.30.30.4-1.800-0.1-0.30.9
Net Op. Cash Flow (Rs. Cr.) -2.4-0.6-0.5-0.6-1.4-0.8-0.2-0.7-0.2-1
Debt to Cash Flow from Ops 0000000000
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Standard Batteries Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 14.1%25.1%42.3%172.2%
Adjusted EPS 23.2%NA180.2%NA
Book Value per Share 0.94.16.222.5
Share Price - -2% -1.2% 155.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 2.685.024.535.79-30.17-0.850.78-1.02-5.3716.44
Operating Profit Margin (%) -547.43-511.38-381.36-948.8-323.6-80.61-357.83-223.37-500.31-159.53
Net Profit Margin (%) 89.51113.06122.68667.39-1094.66-6.4723.84-21.17-150.6186.54
Debt to Equity 0000000000
Working Capital Days 8,2235,5716,32726,49811,0993,57313,7198,21112,8945,418
Cash Conversion Cycle -2,661-879-20287187204985522624279
Entity Percentage Holding
Promoters 40.62%
Institutions 26.86%
Non-Institutions 32.53%
Pledged *0.000.000.000.000.0084.2784.2784.2784.2784.27
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Standard Batteries Ltd.'s performance infers:

Standard Batteries Ltd. earnings have grown by 0%, whereas share price has depreciated -2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

Data is not available for this company

Standard Batteries was incorporated on June 20, 1945 at Mumbai. The company's object is to manufacture batteries and allied products and accessories.

Milestones:

1945 - The company was incorporated on June 20, at Mumbai. The company's object is to manufacture batteries and allied products and accessories. 

1969- Oldham & Son (India) was amalgamated with the company with effect from April 1. 

1983 - Exports came down to Rs.2.22 crore due to

Standard Batteries was incorporated on June 20, 1945 at Mumbai. The company's object is to manufacture batteries and allied products and accessories.

Milestones:

1945 - The company was incorporated on June 20, at Mumbai. The company's object is to manufacture batteries and allied products and accessories. 

1969- Oldham & Son (India) was amalgamated with the company with effect from April 1. 

1983 - Exports came down to Rs.2.22 crore due to imbalance of trade between USSR and India. The company concluded a technical collaboration agreement with the Oldham Batteries, Denton, Manchester, UK to manufacture improved types of miners cap lamp batteries, metrhalarm and maintenance free stand-by range of batteries and their components. Collaborations were also on hand for updating the technology of industrial and submarine batteries. 

1984 - Nackiketa Investments became a subsidiary of the company. 

1986 - The company entered into a long-term wage settlement with the workers union at Mumbai, to be effective from February 1, 1988. 

1987- A new contract was signed with Oldham Batteries Ltd for the supply of miners cap lamp. Implementation of the agreement with the Farukawa Battery Co Ltd, Japan, and with Oldhman SA, France for industrial batteries. The company signed a technical collaboration agreement with Hagen Batteries AG of West Germany for technical know-how on copper stretch material (CSM) batteries.

1989 - The company launched during December the second generation Standard Furukawa automotive batteries. The company also introduced upgraded capacity miners cap lamp, developed with technology from Oldham. 

1990 - Sales turnover was lower at Rs.75.05 crore as compared to the previous year, mainly due to Gulf War and mid stream policy changes in value addition norms for rupee exports to Russia, the chief importer of batteries. Its Kanjur factory was being modernised to produce Type-I battery, designed by Hagen for new generation submarines of the Indian Navy. The proposed modernisation programme of the Vakola factory and Guindy, Chennai was kept in abeyance due to the proposed re-location of the Vakola factory at Taloja. 

1991 - In the industrial batteries group, the company introduced state-of-the-art low maintenance longer life batteries for the stationary and traction applications. In the industrial batteries group, new products offering improved performance were introduced. The performance of mineric cap lamp batteries suffered due to low offtake from Coal India Ltd. 

1992 - Turnover declined to Rs.84.48 crore mainly due to the lockout at the Vakola factory for about ten months. In spite of inflation, higher interest cost, recession in the automotive industry and lockout at Vakola factory with effect from April 21 to May 7 (which was lifted on January 27, 1993), sales turnover went up.

1998-99 - The business undertakings consisting of entire battery business of the company were sold to Exide Industries Ltd. with effect from February 16, 1998.

Subsidiary:

• Nackiketa Investments

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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