Simplex Realty Ltd - Stock Valuation and Financial Performance

BSE: 503229 | NSE: | Construction - Real Estate | Small Cap

Simplex Realty Share Price

155 5.25 3.51%
as on 18-May'24 10:00

DeciZen - make an informed investing decision on Simplex Realty

M-Cap below 100cr DeciZen not available

Simplex Realty stock performance -

mw4me loader
P/E Ratio (SA):
9.11
Market Cap:
46.4 Cr.
52-wk low:
77.3
52-wk high:
183.6

Is Simplex Realty Ltd an attractive stock to invest in?

1. Is Simplex Realty Ltd a good quality company?

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

2. Is Simplex Realty Ltd undervalued or overvalued?

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

3. Is Simplex Realty Ltd a good buy now?

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

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.
Simplex Realty 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 8.1%0.9%3.4%-4.9%-1.7%0%0.2%0.4%1.6%1.2%-
Value Creation
Index
-0.4-0.9-0.8-1.4-1.1-1.0-1.0-1.0-0.9-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 354.828.59.216.44.694.11.91.62
Sales YoY Gr.--86.4%499.2%-67.7%78.2%-71.7%94.4%-54.7%-53.1%-17.7%-
Adj EPS 30.62.614.3-20.3-6.6-1.301.25.74.417
YoY Gr.--91.6%454.9%-242.6%NANANA3800%385.5%-23.1%-
BVPS (₹) 406.8407.9401.3383.5359.1371.6368.2373.1382383.5398.3
Adj Net
Profit
9.10.84.3-6.1-2-0.400.41.71.35
Cash Flow from Ops. -10.7105.3-10.705.4-3.82.1-4.6-4.9-
Debt/CF from Ops. -0.80.40.7-0.3-1677.80.6-0.50.6-0.10-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -29.1%-37.4%-44.1%-17.7%
Adj EPS -19.4%NA426.2%-23.1%
BVPS-0.7%1.3%1.4%0.4%
Share Price -0.1% 17.4% 48.4% 85.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
7.80.63.5-5.2-1.8-0.400.31.51.14.4
Op. Profit
Mgn %
33.2-103.113.2-155.2-42.5-143.7-39.9-105.5-177.3-264.3-250.5
Net Profit
Mgn %
26.116.115-66.1-12-8.50.18.588.682.6301.1
Debt to
Equity
0.1000000000-
Working Cap
Days
1,34810,2861,6665,7183,4519,9343,8287,42616,10721,83018,966
Cash Conv.
Cycle
4533,5625891,8729672,8911,4692,9155,9847,82418,038

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.40%

Net Profit is growing at healthy rate in last 3 years 426.16%

Sales growth is good in last 4 quarters at 13.17%

Sales growth has been subdued in last 3 years -44.05%

Latest Financials - Simplex Realty Ltd.

Standalone Consolidated
TTM EPS (₹) 17 16.8
TTM Sales (₹ Cr.) 1.7 1.7
BVPS (₹.) 398.3 383
Reserves (₹ Cr.) 116 112
P/BV 0.39 0.40
PE 9.11 9.23
From the Market
52 Week Low / High (₹) 77.31 / 183.60
All Time Low / High (₹) 2.00 / 650.00
Market Cap (₹ Cr.) 46.4
Equity (₹ Cr.) 3
Face Value (₹) 10
Industry PE 85.2

Management X-Ray of Simplex Realty:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Simplex Realty

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
Sales35.034.7628.529.2016.394.649.024.091.921.58
Operating Expenses 23.439.7124.7623.4824.3811.3212.618.445.325.77
Manufacturing Costs0.460.390.450.250.260.210.310.180.520.31
Material Costs19.935.8319.6311.5917.964.198.374.421.020.69
Employee Cost 1.791.712.072.262.532.802.582.702.712.95
Other Costs 1.241.792.609.383.634.111.341.131.071.82
Operating Profit 11.61-4.953.76-14.28-8-6.68-3.60-4.35-3.41-4.19
Operating Profit Margin (%) 33.1%-103.0%13.2%-155.0%-48.8%-144.0%-39.9%-106.0%-177.0%-265.0%
Other Income 5.697.086.926.075.895.684.745.096.806.10
Interest 1.060.6000.300.110.570.360.210.100.03
Depreciation 0.180.280.240.120.140.170.180.120.160.15
Exceptional Items 00-8.390-6.565.530000
Profit Before Tax 16.071.262.05-8.64-8.913.780.600.413.131.72
Tax 6.920.523.65-2.55-1.670.310.54-0.060.670.42
Profit After Tax 9.140.74-1.61-6.09-7.243.470.050.472.471.30
PAT Margin (%) 26.1%15.6%-5.6%-66.1%-44.2%74.8%0.6%11.4%128.7%82.2%
Adjusted EPS (₹)30.62.5-5.4-20.3-24.211.60.21.68.34.4
Dividend Payout Ratio (%)10%40%-19%-4%0%0%0%0%12%23%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 121.68122.02120.05114.72107.44111.17110.16111.61114.26114.73
Share Capital 2.992.992.992.992.992.992.992.992.992.99
Reserves 118.69119.02117.06111.73104.44108.18107.16108.62111.26111.74
Minority Interest0000000000
Debt8.853.763.583.343.042.801.650.6500
Long Term Debt3.853.763.583.343.042.801.650.6500
Short Term Debt5000000000
Trade Payables1.320.162.200.890.170.220.150.150.140.08
Others Liabilities 9.7712.927.6447.5645.578.549.479.4910.1214.72
Total Liabilities 141.63138.87133.47166.50156.22122.73121.42121.90124.52129.53

Fixed Assets

Gross Block2.742.762.791.391.881.881.982.482.231.87
Accumulated Depreciation0.891.181.420.120.260.400.590.710.640.79
Net Fixed Assets1.851.591.381.271.621.481.391.771.591.09
CWIP 000000000.110
Investments 3.023.023.013.762.9813.7436.1934.2129.9727.76
Inventories43.6948.8245.0750.5934.7539.1135.1431.6433.5734.35
Trade Receivables0.221.020.040.491.8600000
Cash Equivalents 0.691.901.151.110.390.340.330.343.240.34
Others Assets92.1682.5282.82109.28114.6368.0748.3853.9556.0466
Total Assets 141.63138.87133.47166.50156.22122.73121.42121.90124.52129.53

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -10.6710.015.34-10.6805.43-3.842.06-4.63-4.87
PBT 16.071.2610.43-8.64-8.913.780.600.413.131.72
Adjustment -3.01-4.84-5.701.302.56-9.98-3.95-4.48-6.28-5.60
Changes in Working Capital -22.7215.781.650.1213.864.85-0.226.4-1.87-0.7
Tax Paid -1.01-2.20-1.04-3.46-0.950.80-0.27-0.270.38-0.30
Cash Flow From Investing Activity 4.77-2.05-5.5511.590.01-4.855.32-0.958.442.66
Capex -0.12-0.12-0.03-0.02-0.43-0.06-0.09-0.30-0.03-0.02
Net Investments 0.27000-0.05-10.50-23.563.285.461.58
Others 4.62-1.93-5.5211.610.495.7028.98-3.923.011.09
Cash Flow From Financing Activity 6.28-6.74-0.54-0.91-0.69-0.60-1.48-1.08-0.88-0.67
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00000-0.25-1.14-0.89-0.80-0.35
Interest Paid -1.05-0.590-0.30-0.11-0.35-0.34-0.19-0.08-0.01
Dividend Paid -0.52-1.05-0.36-0.36-0.290000-0.30
Others 7.86-5.09-0.18-0.24-0.2900000
Net Cash Flow 0.381.22-0.750.01-0.68-0.0300.032.93-2.88
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.770.61-1.33-5.18-6.523.170.050.422.191.14
ROCE (%)13.971.451.64-6.88-7.683.870.850.552.841.53
Asset Turnover Ratio0.260.030.210.060.10.030.070.030.020.01
PAT to CFO Conversion(x)-1.1713.53N/AN/AN/A1.56-76.84.38-1.87-3.75
Working Capital Days
Receivable Days2487112600000
Inventory Days4613,5456011,8979452,8391,4902,9325,9957,836
Payable Days1446224911178125357

Simplex Realty Ltd Stock News

Simplex Realty Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Simplex Realty on 18-May-2024 10:00 is ₹155.0.
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 18-May-2024 10:00 the market cap of Simplex Realty stood at ₹46.37.
The latest P/E ratio of Simplex Realty as of 18-May-2024 10:00 is 9.11.
The latest P/B ratio of Simplex Realty as of 18-May-2024 10:00 is 0.39.
The 52-week high of Simplex Realty is ₹183.6 and the 52-week low is ₹77.31.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Simplex Realty is ₹1.69 ( Cr.) .

About Simplex Realty Ltd

Simplex Realty (formerly known as The Simplex Mills Company Ltd) is a well known name in the Mumbai real estate business. The group has been in the business of construction and property development for almost a decade now. Entering the real estate realm in the year 2001, with its first mega residential project “Planet Godrej” located in South-Central Mumbai; which is spread on 6.51 lakh sq ft area, comprising five towers being the tallest in the vicinity and each tower having 48 floors. The said project ‘Planet Godrej’ comprises 2 BHK, 3 BHK, duplex and penthouses and is developed in association with Godrej Properties. Spearheading the Damani family to its zenith in the textile and yarn Industries was Surajratan Damani who had started off on his visionary stride by taking over one of the oldest textile mills located at Byculla, Mumbai in 1954.

Subsequently the company also started a new unit of industrial fabrics and cotton yarn located at Akola, Maharashtra. The company’s next foray was into the paper industry, which saw the setting up of a paper unit in Gondia, Maharashtra in the year 1983-84. During the year 2004-05 the Damani conglomerate demerged into two separate entities namely Simplex Mills Company Limited and Simplex Papers. Subsequently “Simplex Mills Company Limited” was renamed to “Simplex Realty Limited” as the company has entered into the real-estate business in both residential and commercial segment.

Milestones:

1912 - The company was incorporated at Mumbai. The main objective of the company is to manufacture cotton, silk, terene & blended textiles & bleaching & dyeing materials & paper & paper board. 

1983 - The company set up a paper plant at Gondia in Maharashtra. A second-hand reconditioned paper plant with an annual capacity of 10,000 tonnes purchased from UK was installed. 

1988 - New products like nylon conveyor belting and nylon cycle cord were introduced to cater to the needs of the industrial sector. 

1989 - The Gondia paper plant unit could dispose of all accumulated stocks. In order to overcome loss of production it was decided to modernise the existing machines for which a scheme was submitted to the financial Institutions. 

1990 - The company undertook to replace all the ordinary looms with 140 Ruti-C looms. 48 of these looms were installed and put into operation and the remaining 92 were installed during 1992-93. 

1991 - The company undertook to install a high efficiency fluidised bed combustion boiler. With a view to improving the plant performance to cater to the high end of the market and also to increase plant capacity to approximately 40%, the company approached a German Consultancy firm. 

1992 - The increase in input costs, transporters' strike in July, followed by communal disturbances once again affected the working of the unit. The German Consultants recommended shutting down the plant for carrying out modification in the paper machine. 

1994 - During the year, the company undertook to install balancing equipment in order to increase production. 

1995 - The company proposed to increase the daily output to 100 tonnes. 

1996 - The performance of the Gondia paper plant was badly affected due to poor price realisation on account of stiff competition from imported papers including writing and printing papers. 

1997 - The performance of the company was not satisfactory due to poor market conditions, increase in excise duty, etc. The performance of the Akola unit was adversely affected, due to increase in excise duty coupled with poor market conditions. The performance of the Gondia paper plant was not satisfactory due to competition from imported paper, reduced prices of domestic paper resulting in erosions of margins.

2010 - Best Podium Garden for the year 2010 by Brihanmumbai Mahanagarpalika & Tree Authority Udyan – Planet Godrej.

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.