Standard Batteries Ltd Stock Analysis

BSE: 504180 | NSE: STANDRDBAT | Trading | Small Cap

BSE Share Price May 23, 18:01
31.05 -0.75 (-2.36%)

DeciZen - Make an Informed Decision on Standard Batteries

M-Cap below 100cr DeciZen not available

FAQs

1. Is Standard Batteries Ltd a good quality company?

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

2. Is Standard Batteries Ltd undervalued or overvalued?

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

3. Is Standard Batteries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Standard Batteries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Standard Batteries:

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.
Standard Batteries 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'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 4.5%5.8%-30.2%-0.8%0.8%-1%-5.4%16.4%16.2%-5.2%-
Value Creation Index -0.7-0.6-3.2-1.1-0.9-1.1-1.40.20.2NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.20.10.20.70.20.20.20.50.400
YoY Gr. Rt. %--73.9%166.7%312.5%-74.2%41.2%-25%172.2%-20.4%-100%-
Adj EPS 0.60.7-3.4-0.10.1-0.1-0.51.82.1-0.7-1.2
YoY Gr. Rt. %-34.6%-563.5%NANA-225%NANA18.2%-133.7%-
BVPS (₹) 12.313.19.7109.89.79.611.813.913.212
Adj Net Profit 0.30.4-1.800-0.1-0.30.91.1-0.4-1
Cash Flow from Ops. -0.5-0.6-1.4-0.8-0.2-0.7-0.2-1-0.5-0.6-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS -202.7%-254.3%NA-133.7%
BVPS 0.7611-5.1
Share Price 9.1% 32.9% 98.2% 3.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 4.55.8-30.2-0.90.8-1-5.416.416.2-5.2-9.2
Op. Profit Mgn % -381.4-948.8-323.6-80.6-357.8-223.4-500.3-159.5-178.300
Net Profit Mgn % 122.7667.4-1094.7-6.523.8-21.2-150.6186.5277.500
Debt to Equity 0000000000-
Working Cap Days 6,32726,49811,0993,57313,7198,21112,8944,7346,32000
Cash Conv. Cycle -2028718720498552262427949300

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -100.00%

Sales growth is not so good in last 4 quarters at -25.00%

Latest Financials - Standard Batteries Ltd.

Standalone Consolidated
TTM EPS (₹) -1.2 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 12 -
Reserves (₹ Cr.) 6 -
P/BV 2.66 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 20.00 / 49.75
All Time Low / High (₹) 1.30 / 660.00
Market Cap (₹ Cr.) 16.4
Equity (₹ Cr.) 0.5
Face Value (₹) 1
Industry PE 90.9

Management X-Ray of Standard Batteries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *84.2784.2784.2784.2784.2784.2784.2784.2784.2784.27
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Standard Batteries Ltd

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

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