TGV SRACC Ltd - Stock Valuation and Financial Performance

BSE: 507753 | NSE: SREERAYALK | Chemicals | Small Cap

TGV SRACC Share Price

81.13 -0.94 -1.15%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on TGV SRACC

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

TGV SRACC stock performance -

mw4me loader
P/E Ratio (SA):
10.16
Market Cap:
868.8 Cr.
52-wk low:
80.8
52-wk high:
132.8

Is TGV SRACC Ltd an attractive stock to invest in?

1. Is TGV SRACC Ltd a good quality company?

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

2. Is TGV SRACC Ltd undervalued or overvalued?

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

3. Is TGV SRACC Ltd a good buy now?

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

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.
TGV SRACC 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 % 9.1%9.1%9.1%7.8%11.2%16.8%9.3%6%14.2%31.9%-
Value Creation
Index
-0.4-0.4-0.4-0.4-0.20.2-0.3-0.60.01.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7697778169311,1891,2051,0401,0091,5252,3261,707
Sales YoY Gr.-1%5.1%14.1%27.6%1.4%-13.6%-3%51.2%52.5%-
Adj EPS 3.43.43.92.45.69.14.92.512.834.48
YoY Gr.-0.3%14.3%-39.9%136.6%62.8%-46.1%-48%402.8%169.2%-
BVPS (₹) 33.735.337.439.541.648.652.35769.497.7102.8
Adj Net
Profit
25.526.932.420.551.187.549.627.213736886
Cash Flow from Ops. 78.265.350142153202122132168429-
Debt/CF from Ops. 3.958.63.42.91.63.23.62.60.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.1%14.4%30.8%52.5%
Adj EPS 29.3%44%91.7%169.2%
BVPS12.6%18.6%23.2%40.8%
Share Price 24.2% 14.2% 49.4% -12.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
9.49.410.261420.39.84.720.241.18
Op. Profit
Mgn %
13.213.914.214.71720.115.414.920.423.610.9
Net Profit
Mgn %
3.33.542.24.37.34.82.7915.85
Debt to
Equity
1.11.11.31.41.20.70.70.80.60.2-
Working Cap
Days
91909510399901241321059154
Cash Conv.
Cycle
99151622274951454216

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 30.76%

Net Profit is growing at healthy rate in last 3 years 91.68%

Debt to equity has declined versus last 3 years average to 0.21

Return on Equity has declined versus last 3 years average to 8.00%

Sales growth is not so good in last 4 quarters at -26.05%

Latest Financials - TGV SRACC Ltd.

Standalone Consolidated
TTM EPS (₹) 8 -
TTM Sales (₹ Cr.) 1,707 -
BVPS (₹.) 102.8 -
Reserves (₹ Cr.) 994 -
P/BV 0.79 -
PE 10.16 -
From the Market
52 Week Low / High (₹) 80.75 / 132.75
All Time Low / High (₹) 2.25 / 182.00
Market Cap (₹ Cr.) 869
Equity (₹ Cr.) 107.1
Face Value (₹) 10
Industry PE 47

Management X-Ray of TGV SRACC:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.300.300.300.300.300.300.300.300.300.30
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of TGV SRACC

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
Sales7697778169311,1891,2051,0401,0091,5252,326
Operating Expenses 6706697047949879648838591,2191,786
Manufacturing Costs331314338383471565479407670979
Material Costs271286282305266262279336396564
Employee Cost 32313338424953485668
Other Costs 3737496920988726898176
Operating Profit 99108113137201241157150306539
Operating Profit Margin (%) 12.8%13.9%13.8%14.7%16.9%20.0%15.1%14.9%20.1%23.2%
Other Income 46597581077
Interest 40404460587144483530
Depreciation 36363547775856636974
Exceptional Items -130000-120000
Profit Before Tax 14373940731056549209442
Tax 09818232717197580
Profit After Tax 1428302250784830135362
PAT Margin (%) 1.9%3.6%3.7%2.4%4.2%6.5%4.6%2.9%8.8%15.6%
Adjusted EPS (₹)1.93.63.62.55.58.14.72.812.633.8
Dividend Payout Ratio (%)0%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 2712973283453824695326107441,047
Share Capital 9498102879297102107107107
Reserves 177199227258290373430503636939
Minority Interest0000000000
Debt261273385415369274367447437212
Long Term Debt1099816015713312217625318171
Short Term Debt152175225258237151190194256142
Trade Payables76566582594855747265
Others Liabilities 189192193239286312325327379463
Total Liabilities 7968189721,0811,0961,1031,2791,4591,6321,786

Fixed Assets

Gross Block9019541,2101,3001,3671,3921,6181,6481,8402,053
Accumulated Depreciation4705095506016987578118749381,011
Net Fixed Assets4314446606986696368087749021,041
CWIP 126124001377291255511
Investments 222914108898931
Inventories624370666590127116109140
Trade Receivables52536575106998399232227
Cash Equivalents 223342605338691067062
Others Assets100119133172176153155149174274
Total Assets 7968189721,0811,0961,1031,2791,4591,6321,786

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 786550142153202122132168429
PBT 2737393453956448209442
Adjustment 6666709714511791948998
Changes in Working Capital 40-6-1616-334-144-93-4
Tax Paid -9-1-8-6-12-14-19-14-37-107
Cash Flow From Investing Activity -75-52-132-109-75-55-188-163-147-169
Capex -75-52-132-90-81-89-157-125-126-169
Net Investments 000-23030-35-43-27-5
Others 0004644465
Cash Flow From Financing Activity -12-291-33-76-1456558-38-255
Net Proceeds from Shares 230160628141500
Net Proceeds from Borrowing 000-18-6-105377-73-111
Interest Paid 000-50-51-62-36-36-27-23
Dividend Paid 0000000000
Others -35-27535-25-10134262-122
Net Cash Flow -9119022026-185
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)5.810.5610.286.713.8418.389.65.2119.8840.45
ROCE (%)9.1912.8711.8512.4715.9921.6112.569.5721.5338.65
Asset Turnover Ratio1.111.091.0311.121.280.870.740.991.36
PAT to CFO Conversion(x)5.572.321.676.453.062.592.544.41.241.19
Working Capital Days
Receivable Days23222325272732334036
Inventory Days26222224202038442720
Payable Days102847888977468706744

TGV SRACC Ltd Stock News

TGV SRACC Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of TGV SRACC on 28-Mar-2024 16:01 is ₹81.13.
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 TGV SRACC stood at ₹868.8.
The latest P/E ratio of TGV SRACC as of 28-Mar-2024 16:01 is 10.16.
The latest P/B ratio of TGV SRACC as of 28-Mar-2024 16:01 is 0.79.
The 52-week high of TGV SRACC is ₹132.8 and the 52-week low is ₹80.75.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of TGV SRACC is ₹1,707 ( Cr.) .

About TGV SRACC Ltd

Sree Rayalaseema Alkalies & Allied Chemicals a TGV Group company is a leading producer of Chlor-Alkali products, Sree Rayalaseema Alkalies and Allied Chemicals is the flagship company of the conglomerate.

The company also manufactures Castor Derivatives and Fatty Acids. It has the unique distinction of being the pioneer of the Bipolar Membrane Cell Technology from Denora, Spa, Italy, in India. The company uses only state-of-the-art equipment and up-to-the minute technologies including the Costruzioni Meccaniche Bernardini (CMB) technology from Italy for its fatty acids division. A captive power plant assures uninterrupted and cost-effective power supply to the manufacturing plant. Consistent overseas demand for its products has made the company a recognised export house today.

TGV conglomerate is backed by a rich and varied experience spanning more than two glorious decades, is a rapidly growing, well-diversified one, with interests in Chemicals, Financial services, Merchant Banking, Securities, Real Estate, Power, Pharmaceuticals, Healthcare, Hospitality, Entertainment, Information Technology, Personal Products, Salt and Aquaculture.

The international class quality of the company's produce and the intricate marketing network spanning continents have found for it an assured place in the export markets ever since its inception. Canada, China, Dubai, France, Georgia, Germany, Greece, Iran, Italy, Japan, Jordan, Kenya, Korea, Kuwait, Malaysia, Netherlands, Poland, Russia, Singapore, Spain, Sri Lanka, Saudi Arabia, Thailand, USA, UK and a host of other countries prefer Sree Rayalaseema Alkalies and Allied Chemicals Ltd. over other players in the field. The soaps division exports its products to Sri Lanka, Malaysia, Kuwait, Sharjah, Bahrain, Dubai and other countries in the Gulf.

The soap division

The fragrant Royal Sandal Saffron Soap is the first and only one of its kind to bring the goodness of both saffron and sandal together and offer the 'fairness' benefit to the users.

  • Cool Lime is the company's answer to the freshness and fragrance segment. Royal He-man is an economically-priced bathing bar for the common man on the move.
  • Baby Doctor caters to the babies segment and is manufactured with special attention to the soft, tender skin of the babies.
  • Lady Doctor, a beauty soap, is targeted at women and comes with the promise of a lingering fragrance.

Product range of the company includes:

Chlor-Alkali products:

  • Caustic Soda (Lye/Flakes) (Mercury-free)
  • Liquid Chlorine
  • Hydrochloric Acid
  • Caustic Potash (Lye/Flakes)
  • Sodium Hypochlorite (Liquid)
  • Barium Sulphate (Precipitated powder)

Castor Derivatives:

  • Hydrogenated Castor Oil (Flakes)
  • 12 Hydroxy Stearic Acid (Flakes)
  • Ricinoleic Acid (Liquid)
  • Rubber Grade Stearic Acid
  • Methyl 12 H S A (Flakes)

Fatty Acids

  • Stearic Acid
  • Hard Fatty Acids
  • Soft Fatty Acids
  • Soap Noodles
  • Glycerine

Other group companies:

  • Sree Rayalaseema Alkalies and Allied Chemicals Ltd.
  • SRHHL Industries Ltd.Results (Formerly Sree Rayalaseema Hi-Strength Hypo Ltd)
  • Sree Rayalaseema Hi-Strength Hypo Ltd.
  • Sree Rayalaseema Dutch Kassenbouw Ltd.
  • Sree Rayalaseema Galaxy Projects Ltd.
  • Sree Rayalaseema Agrochemicals (P) Ltd.
  • TGV Projects and Investments Pvt. Ltd.
  • TGV Infosystems Ltd.
  • Brilliant Industries Ltd.
  • Brilliant Securities Ltd.
  • Gowri Gopal Apollo Hospital
  • Sree Maruthi Marine Industries Ltd.

Achievements/ recognition:

The ISO 9002, ISO 14001 and IS-2888 certifications.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.