Sree Rayalaseema Hi-Strength Hypo Ltd - Stock Valuation and Financial Performance

BSE: 532842 | NSE: SRHHYPOLTD | Chemicals | Small Cap

Sree Rayal.Hi-Strent Share Price

573.10 1.55 0.27%
as on 12-Apr'24 10:20

DeciZen - make an informed investing decision on Sree Rayal.Hi-Strent

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Sree Rayalaseema Hi-Strength Hypo stock performance -

mw4me loader
P/E Ratio (SA):
7.51
Market Cap:
981.1 Cr.
52-wk low:
453.1
52-wk high:
815

Is Sree Rayalaseema Hi-Strength Hypo Ltd an attractive stock to invest in?

1. Is Sree Rayalaseema Hi-Strength Hypo Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sree Rayalaseema Hi-Strength Hypo Ltd is a average quality company.

2. Is Sree Rayalaseema Hi-Strength Hypo Ltd undervalued or overvalued?

The key valuation ratios of Sree Rayalaseema Hi-Strength Hypo Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Sree Rayalaseema Hi-Strength Hypo Ltd a good buy now?

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

10 Year X-Ray of Sree Rayal.Hi-Strent:

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.
Sree Rayalaseema Hi-Strength Hypo 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 % 7.2%10.1%10.3%9.5%8.8%7.5%12%15.7%20%21.7%-
Value Creation
Index
-0.5-0.3-0.3-0.3-0.4-0.5-0.10.10.40.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2973923633665467026899111,2671,6501,136
Sales YoY Gr.-32.2%-7.4%0.8%49%28.6%-1.9%32.2%39.1%30.2%-
Adj EPS 5.111.113.413.614.810.521.634.759.383.376.1
YoY Gr.-119.4%20.5%1.9%8.5%-28.6%105.2%60.5%71%40.5%-
BVPS (₹) 101.5116.7127.6150.7193.7189.5181.5226.1332.3437.6488.9
Adj Net
Profit
7.416.319.721.124.118.137.159.5102143131
Cash Flow from Ops. 19.94314.8475.159.899.370.560.1134-
Debt/CF from Ops. 5.225.81.215.30.90.50.90.30.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 21%24.8%33.8%30.2%
Adj EPS 36.6%41.4%56.8%40.5%
BVPS17.6%17.7%34.1%31.7%
Share Price 39.3% 26.8% 32.9% 12.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
5.110.210.99.98.75.611.71721.321.716.4
Op. Profit
Mgn %
11.110.412.213.58.41414.814.311.710.913
Net Profit
Mgn %
2.54.25.45.84.42.65.46.588.711.5
Debt to
Equity
0.70.50.50.20.30.20.20.200-
Working Cap
Days
14211412511592981109210510584
Cash Conv.
Cycle
3526393330384543464269

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 33.79%

Net Profit is growing at healthy rate in last 3 years 56.81%

Return on Equity has declined versus last 3 years average to 16.40%

Sales growth is not so good in last 4 quarters at -28.08%

Latest Financials - Sree Rayalaseema Hi-Strength Hypo Ltd.

Standalone Consolidated
TTM EPS (₹) 76.1 76
TTM Sales (₹ Cr.) 1,136 1,136
BVPS (₹.) 488.9 488.8
Reserves (₹ Cr.) 822 822
P/BV 1.17 1.17
PE 7.51 7.52
From the Market
52 Week Low / High (₹) 453.05 / 815.00
All Time Low / High (₹) 10.85 / 950.80
Market Cap (₹ Cr.) 981
Equity (₹ Cr.) 17.2
Face Value (₹) 10
Industry PE 49.4

Management X-Ray of Sree Rayal.Hi-Strent:

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 Sree Rayal.Hi-Strent

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
Sales2973923633665467026899111,2671,650
Operating Expenses 2643523193175006045877811,1191,470
Manufacturing Costs5252484866103101125120136
Material Costs1472151921913463973775478481,163
Employee Cost 15161416192123252939
Other Costs 5068666269838683122133
Operating Profit 334144504698102130149180
Operating Profit Margin (%) 11.1%10.4%12.2%13.5%8.4%14.0%14.8%14.3%11.7%10.9%
Other Income 924232471135
Interest 161411891610535
Depreciation 15101025194550511919
Exceptional Items 07-1-41530000
Profit Before Tax 1226261537424581137190
Tax 467-40228203436
Profit After Tax 719191837203861103154
PAT Margin (%) 2.5%4.9%5.1%5.0%6.7%2.9%5.5%6.7%8.1%9.4%
Adjusted EPS (₹)5.113.212.711.922.511.922.135.359.989.9
Dividend Payout Ratio (%)0%11%12%13%9%17%11%9%6%4%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 149172188233316325312388570751
Share Capital 15151515161717171717
Reserves 135157173218300308294371553734
Minority Interest0000000000
Debt8868735070464061198
Long Term Debt563927202261100
Short Term Debt3128462948403961188
Trade Payables41462435234225127770
Others Liabilities 89737246647597118212197
Total Liabilities 3673583573644724874735798781,027

Fixed Assets

Gross Block276293302314344389406405443434
Accumulated Depreciation7698107132150195244295313332
Net Fixed Assets200194195182194194161110130102
CWIP 0528003000
Investments 32232343105651850164214
Inventories2925222937373740144126
Trade Receivables2635533057888297132149
Cash Equivalents 76615101586139113229
Others Assets73695656708885143195207
Total Assets 3673583573644724874735798781,027

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 20431547560997160134
PBT 1226261537424581137190
Adjustment 242519319575852147
Changes in Working Capital -2-3-147-46-296-25-59-21
Tax Paid -4-6-7-64-11-11-37-32-43
Cash Flow From Investing Activity -9-5-3-19-27-24-38-115-1-99
Capex -8-22-7-19-28-45-8-20-145
Net Investments -11740-121-31-999-113
Others 0000101449
Cash Flow From Financing Activity -9-39-12-1916-37-2210-52-23
Net Proceeds from Shares 00012660000
Net Proceeds from Borrowing -11-22-11-51-16-5000
Interest Paid 000-6-7-16-9-5-2-5
Dividend Paid 2-2-3-3-3-4-4-4-5-6
Others 0-151-1718-8-419-44-12
Net Cash Flow 2-108-6-140-35712
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)5.1612.0710.418.7313.336.3711.9117.3221.4523.36
ROCE (%)10.6615.413.818.0113.3914.9915.1521.422728.95
Asset Turnover Ratio0.861.131.071.091.321.461.431.731.741.73
PAT to CFO Conversion(x)2.862.260.792.610.1432.611.160.580.87
Working Capital Days
Receivable Days32274239293845363331
Inventory Days29242224221920152630
Payable Days49414150303032121923

Sree Rayalaseema Hi-Strength Hypo Ltd Stock News

Sree Rayalaseema Hi-Strength Hypo Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sree Rayal.Hi-Strent on 12-Apr-2024 10:20 is ₹573.1.
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-Apr-2024 10:20 the market cap of Sree Rayal.Hi-Strent stood at ₹981.1.
The latest P/E ratio of Sree Rayal.Hi-Strent as of 12-Apr-2024 10:20 is 7.51.
The latest P/B ratio of Sree Rayal.Hi-Strent as of 12-Apr-2024 10:20 is 1.17.
The 52-week high of Sree Rayal.Hi-Strent is ₹815.0 and the 52-week low is ₹453.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sree Rayal.Hi-Strent is ₹1,136 ( Cr.) .

About Sree Rayalaseema Hi-Strength Hypo Ltd

Sree Rayalaseema Hi-Strength Hypo, the torch bearer of the conglomerate, is the only Indian manufacturer of Calcium Hypochlorite, and one of the very few in the world. A state-of-the-art sodium process technology developed through in-house R&D efforts helps the company in manufacturing the product with a chlorine content of 65% to 70%.

Sree Rayalaseema Hi-Strength Hypo exports Calcium Hypochlorite to countries all across the globe viz., Australia, Bangladesh, Belgium, Brunei, China, Colombia, Cyprus, Durban, England, France, Germany, Hungary, Iran, Kenya, Korea, Malaysia, Mauritius, Netherlands, Oman, Peru, Philippines, Quatar, Sri Lanka, Saudi Arabia, Singapore, Tanzania, Thailand, USA, Vietnam etc. The Certificate of Merit awarded by CHEMEXCIL for outstanding export performance reinforces its status as a recognised export house. CODE OF CONDUCT 
  
Calcium Hypochlorite touches vital facets of human existence and is of proven importance in many areas of day-to-day activity. Sree Rayalaseema Hi-Strength Hypo has a distinctive edge in the manufacture of this product, thanks to the twin advantages of indigenous raw materials' availability and supply of some specialised chemicals by Sree Rayalaseema Alkalies and Allied Chemicals Ltd.

The company is also a front-ranking producer of Monochloro Acetic Acid. Manufactured by the scientific crystallizer technology, the product meets international quality standards. Monochloro Acetic Acid is used by all leading manufacturers of Non-Steroid Anti-Inflammatory Drugs, other pharmaceuticals, pesticides, organic chemicals etc.

Product range of the company includes:
  • Calcium Hypochlorite (Granules and Tablets) 
  • Stable Bleaching Powder 
  • Monochloro Acetic Acid 
  • Chlorosulphonic Acid 
  • Oleum 23% and 65% 
  • Bromine 
  • Battery and Commercial grades Sulphuric acid
Achievements/ recognition:
  • ISO 9002 certification 
  • ISI license 
  • DGS&D approved supplier 
  • Best Small Entrepreneur Award 

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