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BSE: 522237 | NSE: | Engineering | Small Cap
1. Is Shivagrico Implements Ltd a good quality company?
Data is not available for this company.
2. Is Shivagrico Implements Ltd undervalued or overvalued?
The key valuation ratios of Shivagrico Implements Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
3. Is Shivagrico Implements Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shivagrico Implements Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘValue Creation Index Colour Code Guide ⓘ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | TTM | |||
| ROCE % ⓘ | 5.2% | 3.7% | 3.6% | 3% | 2.6% | 0.4% | -2.1% | 0.5% | 3% | 5.3% | - | ||
| Value Creation Index ⓘ | -0.6 | -0.7 | -0.7 | -0.8 | -0.8 | -1.0 | -1.2 | -1.0 | -0.8 | -0.6 | - | ||
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ |
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| Sales ⓘ | 29.8 | 26.2 | 24.3 | 25.5 | 23.8 | 21.9 | 25.3 | 25 | 37.9 | 48.2 | 43 | ||
| YoY Gr. Rt. % | - | -12.1% | -7.3% | 5.3% | -6.7% | -8.3% | 15.9% | -1.1% | 51.2% | 27.3% | - | ||
| Adj EPS ⓘ | 0.5 | 0.2 | 0.1 | -0.1 | 0.1 | -0.7 | -1.8 | -1 | 0.3 | 1.3 | 0.7 | ||
| YoY Gr. Rt. % | - | -66.7% | -50% | -233.3% | NA | -1183.3% | NA | NA | NA | 375% | - | ||
| BVPS (₹) ⓘ | 15.3 | 15.4 | 15.5 | 15.4 | 15.5 | 14.9 | 13.3 | 12.2 | 12.4 | 14.2 | 14.5 | ||
| Adj Net Profit ⓘ | 0.3 | 0.1 | 0.1 | -0.1 | 0 | -0.3 | -0.9 | -0.5 | 0.1 | 0.7 | 0 | ||
| Cash Flow from Ops. ⓘ | 2.2 | 1.1 | 0.5 | 1.2 | 2.3 | -0.2 | -0.5 | 1.1 | -1.1 | 2.6 | - | ||
| Debt/CF from Ops. ⓘ | 2.9 | 6.3 | 17.5 | 8.3 | 4.2 | -73.8 | -26.4 | 12.6 | -17.2 | 7.2 | - | ||
CAGR ⓘCAGR Colour Code Guide ⓘ |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9 Years | 5 Years | 3 Years | 1 Years | |||||||||
| Sales ⓘ | 5.5% | 15.1% | 23.9% | 27.3% | ||||||||
| Adj EPS ⓘ | 10.5% | 85.8% | NA | 375% | ||||||||
| BVPS ⓘ | -0.8 | -1.7 | 2.4 | 14.9 | ||||||||
| Share Price | 2.9% | 26% | 53.9% | 42% | ||||||||
Key Financial Parameters ⓘPerformance Ratio Colour Code Guide ⓘ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | TTM | ||
| Return on Equity % ⓘ | 3.6 | 1.2 | 0.6 | -0.8 | 0.4 | -4.3 | -13.1 | -8.1 | 2.3 | 10 | 5.2 | |
| Op. Profit Mgn % ⓘ | 5.6 | 6.5 | 7.2 | 7.2 | 6.9 | 4.4 | 2.4 | 5.7 | 5.1 | 5.8 | 7 | |
| Net Profit Mgn % ⓘ | 0.9 | 0.3 | 0.2 | -0.2 | 0.1 | -1.5 | -3.7 | -2.1 | 0.4 | 1.4 | 0.9 | |
| Debt to Equity ⓘ | 0.8 | 0.9 | 1.1 | 1.3 | 1.2 | 1.5 | 1.9 | 2.2 | 2.9 | 2.6 | 0.4 | |
| Working Cap Days ⓘ | 86 | 93 | 117 | 134 | 152 | 177 | 175 | 199 | 152 | 131 | 147 | |
| Cash Conv. Cycle ⓘ | 62 | 68 | 84 | 100 | 110 | 124 | 127 | 143 | 110 | 97 | 10 | |
Return on Equity has increased versus last 3 years average to 5.20%
Sales growth is growing at healthy rate in last 3 years 23.92%
Debt to equity has declined versus last 3 years average to 2.58
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at -4.87%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 0.7 | - |
| TTM Sales (₹ Cr.) | 43.4 | - |
| BVPS (₹.) ⓘ | 14.5 | - |
| Reserves (₹ Cr.) ⓘ | 2 | - |
| P/BV ⓘ | 1.34 | - |
| PE ⓘ | 26.29 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 11.70 / 25.50 |
| All Time Low / High (₹) | 1.00 / 42.50 |
| Market Cap (₹ Cr.) | 9.7 |
| Equity (₹ Cr.) | 5 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 23.5 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Shivagrico Implements Ltd. a Ranawat Group of company is one of the leading manufacturer & exporter of Agricultural Implements / Hand tools for the last three decades, and was recognized as a Public Limited Company in 1992.
The company has wide product range of about 115 products of agricultural implements & hand tools such as pickaxes, crowbars, garden rakes, shuttering clamps, hoes etc.
Their manufacturing unit is located at Rajasthan (Falna) and their head office is in Mumbai. They have their own induction furnace, rolling plant and two forging units. Hence starting from the basic raw material like ingots up to the finished product, every product is manufactured by them. Their team of dedicated and qualified personnel supervises the entire production. Quality is determined at every stage of production.
The company is also having its workshop to make dyes, tools, jigs etc. which can be used for the manufacturing of any rolled / forged items as per buyer's specification and can undertake turnkey projects for establishment of industrial units for manufacturing agricultural implements.
They have been exporting their products under the trademark 'Lion Brand'. Their satisfied customers hail from various countries like Africa, U.K., Mozambique, Curaceo, Ghana and a number of gulf countries such as Dubai, Jeddah, Riyadh and Asian countries like Srilanka etc. They also supply their products to defense, railways, PWD irrigation. They have also received Export Excellence Award for five consecutive years.
They assure that the agricultural implements manufactured by them shall meet customer's specifications to the best of their ability. To assure the customer of quality and timely service, they have an in house laboratory for testing the chemical composition.
Shivagrico Implements made a tremendous progress as the manufacturer and exporter of hand tools, shuttering clamps, garden tools, wrenches, hoes and tool holders from India. Their innovative range of hand tools depicts their commitment to promote high quality hand tools after much research and modifications.
Product range of the company includes:
Achievements/ recognition:
The company has received Export Excellence Award for five consecutive years.
