Shiva Granito Export Ltd - Stock Valuation and Financial Performance

BSE: 540072 | NSE: | Ceramics/Marble/Granite/Sanitaryware | Small Cap

Shiva Granito Export Share Price

22.77 1.07 4.93%
as on 04-Nov'24 15:31

DeciZen - make an informed investing decision on Shiva Granito Export

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Shiva Granito Export stock performance -

mw4me loader
P/E Ratio (SA):
34.43
Market Cap:
28.7 Cr.
52-wk low:
8.4
52-wk high:
23

Is Shiva Granito Export Ltd an attractive stock to invest in?

1. Is Shiva Granito Export Ltd a good quality company?

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

2. Is Shiva Granito Export Ltd undervalued or overvalued?

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

3. Is Shiva Granito Export Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shiva Granito Export 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 Shiva Granito Export:

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.
Shiva Granito Export 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'15Dec'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.4%-1.4%-1.3%7%5.4%5.3%5.7%3.7%2.8%-47.8%-
Value Creation
Index
-1.0-1.1-1.1-0.5-0.6-0.6-0.6-0.7-0.8-4.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 14.515.320.419.121.315.514.56.494.95
Sales YoY Gr.-5%33.3%-6.3%11.8%-27.6%-6.3%-56%41.4%-46.2%-
Adj EPS -0.8-5-2.81.20.30.2-0.2-00.1-1.80.6
YoY Gr.-NANANA-78.2%-19.2%-200%NANA-2300%-
BVPS (₹) 8.90.831.69.910.310.710.610.710.855
Adj Net
Profit
-0.9-1-2.51.60.30.3-0.300.1-2.31
Cash Flow from Ops. -3.74.5-32.3-2.3-0.51.8-0.32.40.9-6.3-
Debt/CF from Ops. -3.15.1-1.1-3.8-214.3-25.92.35.6-0.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -11.5%-25.7%-30.6%-46.2%
Adj EPS NA-246.6%NA-2300%
BVPS-6.2%-13.4%-21.9%-53.4%
Share Price - 45.9% 130.9% 123.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Dec'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-11.7-16.4-17.314.92.42-2-0.30.8-22.212.6
Op. Profit
Mgn %
11.69.24.414.711.614.19.523.313.318.720.7
Net Profit
Mgn %
-5.9-6.6-12.58.21.61.8-1.9-0.71.2-47.915.3
Debt to
Equity
1.2138.41.30.70.70.50.50.40.40.60.4
Working Cap
Days
1862885512032824575031,0647391,058121
Cash Conv.
Cycle
11618234812420435740963724047567

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.60%

Sales growth has been subdued in last 3 years -30.55%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -4.33%

Latest Financials - Shiva Granito Export Ltd.

Standalone Consolidated
TTM EPS (₹) 0.6 -
TTM Sales (₹ Cr.) 5.4 -
BVPS (₹.) 5 -
Reserves (₹ Cr.) -7 -
P/BV 4.33 -
PE 34.43 -
From the Market
52 Week Low / High (₹) 8.44 / 23.00
All Time Low / High (₹) 1.66 / 30.85
Market Cap (₹ Cr.) 28.7
Equity (₹ Cr.) 13.2
Face Value (₹) 10
Industry PE 44.1

Management X-Ray of Shiva Granito Export:

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 Shiva Granito Export

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Dec'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales14.5411.455.0919.0821.3415.4614.486.379.014.85
Operating Expenses 12.8510.444.8616.2718.8813.2913.114.897.813.94
Manufacturing Costs0.910.900.311.091.451.790.890.760.860.84
Material Costs10.978.884.2113.3915.498.7110.272.374.171.97
Employee Cost 0.400.330.170.981.091.131.011.152.040.79
Other Costs 0.570.330.170.810.841.650.940.610.730.34
Operating Profit 1.691.020.222.802.472.171.371.491.200.91
Operating Profit Margin (%) 11.6%8.9%4.4%14.7%11.6%14.0%9.5%23.3%13.3%18.7%
Other Income 0.050.050.020.070.070.120.490.090.040.03
Interest 1.240.820.341.020.580.731.070.610.350.32
Depreciation 1.671.330.461.551.311.090.620.810.710.56
Exceptional Items 000000000-7.56
Profit Before Tax -1.17-1.08-0.550.310.640.470.160.160.19-7.51
Tax -0.32-0.310.08-1.260.310.190.320.160.080.10
Profit After Tax -0.85-0.77-0.631.570.340.28-0.1600.11-7.61
PAT Margin (%) -5.9%-6.8%-12.5%8.2%1.6%1.8%-1.1%0.0%1.2%-157.0%
Adjusted EPS (₹)-0.8-3.8-0.71.20.30.2-0.10.00.1-5.8
Dividend Payout Ratio (%)0%0%0%0%0%118%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 9.060.127.2213.8614.1914.4714.1414.1314.246.63
Share Capital 10.182.029.0213.2213.2213.2213.2213.2213.2213.22
Reserves -1.12-1.89-1.790.640.981.260.920.921.02-6.59
Minority Interest0000000000
Debt10.5416.288.938.719.737.487.445.485.054.13
Long Term Debt7.9813.776.536.046.443.683.181.0201.02
Short Term Debt2.562.512.402.683.283.814.264.455.053.11
Trade Payables2.211.871.362.911.763.861.820.342.242.14
Others Liabilities 0.670.600.60-0.450.771.661.953.311.741.63
Total Liabilities 22.4818.8718.1125.0226.4427.4825.3423.2623.2614.53

Fixed Assets

Gross Block13.8413.9613.5013.6613.6813.7113.7814.0914.0914.98
Accumulated Depreciation2.103.443.384.906.217.307.938.749.4510
Net Fixed Assets11.7410.5310.128.757.466.415.855.364.654.97
CWIP 0000000000
Investments 000.190.210.2300000
Inventories3.354.332.244.173.842.603.812.953.727.10
Trade Receivables6.192.384.328.1513.2117.1714.603.824.400.32
Cash Equivalents 0.0100.010.030.040.090.020.0200.06
Others Assets1.201.621.223.711.661.201.0511.1210.492.08
Total Assets 22.4818.8718.1125.0226.4427.4825.3423.2623.2614.53

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Dec'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -3.673.38-8.07-2.28-0.461.75-0.292.380.90-6.32
PBT -1.17-1.08-0.550.310.640.470.160.160.19-7.51
Adjustment 2.872.15-2.133.351.841.771.321.331.030.86
Changes in Working Capital -5.362.32-5.38-5.95-2.91-0.37-1.680.92-0.290.36
Tax Paid 0000-0.03-0.12-0.09-0.02-0.02-0.03
Cash Flow From Investing Activity -0.42-0.14-14.21-0.660.041.111.340.25-0.197.62
Capex -0.770-13.50-0.15-0.02-0.04-0.07-0.320-0.88
Net Investments 00-0.19-0.02-0.02-0.02-0.02-0.03-0.020.31
Others 0.35-0.14-0.51-0.490.071.171.420.59-0.178.19
Cash Flow From Financing Activity 4.08-3.2517.602.970.43-2.81-1.12-2.63-0.78-1.23
Net Proceeds from Shares 4.4209.024.20000000
Net Proceeds from Borrowing 0.6706.53-0.500.41-1.32-0.49-2.16-1.021.02
Interest Paid -1.240-0.34-1.02-0.58-0.73-1.07-0.61-0.35-0.32
Dividend Paid 0-3.2500000000
Others 0.2402.400.280.61-0.760.450.130.59-1.93
Net Cash Flow -0.010-4.670.020.010.05-0.070-0.080.06
PARTICULARSMar'15Dec'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-11.71-16.84-17.5315.52.522.02-1.15-0.010.74-72.96
ROCE (%)0.4-1.42-1.297.015.435.335.743.732.75-47.83
Asset Turnover Ratio0.770.580.290.960.840.570.550.260.390.26
PAT to CFO Conversion(x)N/AN/AN/A-1.45-1.356.25N/AN/A8.18N/A
Working Capital Days
Receivable Days85130231110180359401528167178
Inventory Days7211622657687681194135407
Payable Days49841405855118101166113405

Shiva Granito Export Ltd Stock News

Shiva Granito Export Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shiva Granito Export on 04-Nov-2024 15:31 is ₹22.77.
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 04-Nov-2024 15:31 the market cap of Shiva Granito Export stood at ₹28.68.
The latest P/E ratio of Shiva Granito Export as of 04-Nov-2024 15:31 is 34.43.
The latest P/B ratio of Shiva Granito Export as of 04-Nov-2024 15:31 is 4.33.
The 52-week high of Shiva Granito Export is ₹23.00 and the 52-week low is ₹8.44.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shiva Granito Export is ₹5.44 ( Cr.) .

About Shiva Granito Export Ltd

The is originally formed and registered as a partnership firm under the Partnership Act, 1932 in the name and style of ‘Shiva Export Co’ pursuant to a deed of partnership dated July 16, 2007. The constitution and capital of the partnership firm were changed several times pursuant to supplementary agreement modifying the partnership deeds dated October 11, 2008, April 1, 2015 and November 3, 2015. M/s Shiva Export Co. was thereafter converted from a partnership firm to a public limited company under Part I chapter XXI of the Companies Act, 2013 with the name of Shiva Granito Export Limitedand received a fresh certificate of incorporation from the Registrar of Companies, Jaipur, Rajasthan on December 31, 2015. The registered office of the company is situated at 8, Bhatt Ji Ki Baari, Udaipur in Rajasthan.

Spread over 4.1 bighas, the company’s manufacturing facility located at Vana Village in Udaipur District, Rajasthan, the company‘s manufacturing unit is equipped with laboratory, enabling the company in-house to develop new colours, besides facilitating conducting of tests and analysis of various products. At present the company has manufacturing plant for engineered quartz stone slabs, different grade of resins, quartz powder and God & Goddess Statues/ Deities.

Business area of the company

The company started as partnership firm in the year 2007 as importer and exporter of all kind of decorative stones, minerals, chemicals. Later it decided to extend its operation by entering into manufacturing of the engineered quartz stone slabs, different grades of resins and quartz stone powder and manufacture & dealing of God & Goddess Statues/deities.

Key events and milestones

  • 2007: Incorporation of Partnership firm in the name Shiva Export Co.
  • 2013: Purchase of Plant and machinery from China among other countries.
  • 2013: Started production of quartz powder, unsaturated polyster resin and God & Goddess Statues/Deities.
  • 2014: Started production of engineered quartz slabs (Artificial Granite).
  • 2016: Conversion of partnership firm into public limited Company.
  • 2016: Increase in authorised capital and subsequent change in the capital clause of the Company.
  • 2016: Alteration of object clause in order to provide more clarity and to remove any ambiguity as to the activities that may be carried out by the Company.

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