SKM Egg Products Export (India) Ltd Stock Analysis

BSE: 532143 | NSE: SKMEGGPROD | Consumer Food | Small Cap

BSE Share Price 06-Feb-2023 18:01
158.65 -1.45 (-0.91%)

DeciZen - Make an Informed Decision on SKM Egg Products

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

SKM Egg Products Price Chart

P/E Ratio ( SA) :
18.77
Market Cap :
417.7 Cr.
52-wk low :
52
52-wk high :
167.6
Bole Toh?

1. Is SKM Egg Products Export (India) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that SKM Egg Products Export (India) Ltd is a average quality company.

2. Is SKM Egg Products Export (India) Ltd undervalued or overvalued?

The key valuation ratios of SKM Egg Products Export (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is SKM Egg Products Export (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of SKM Egg Products Export (India) Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of SKM Egg Products:

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.
SKM Egg Products Export (India) 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8.2%15.8%19.7%18.7%-2.6%-1.9%9.1%3.9%9.4%4.4%-
Value Creation Index -0.40.10.40.3-1.2-1.1-0.4-0.7-0.3-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 193239271270195282286272246291444
YoY Gr. Rt. %-23.8%13.4%-0.7%-27.5%44.3%1.5%-4.9%-9.9%18.4%-
Adj EPS 0.757.17.7-2.6-2.33.60.74.928.5
YoY Gr. Rt. %-580.8%42.7%8.3%-133.3%NANA-81.2%634.3%-58.9%-
BVPS (₹) 14.517.22633.833.834.135.937.342.844.751.4
Adj Net Profit 1.913.118.720.2-6.7-69.41.8135.322
Cash Flow from Ops. 10.827.336.627.9-214.716.3-10.223-0.1-
Debt/CF from Ops. 82.61.11.3-21.532.7-6.42.4-700.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.6%8.3%0.5%18.4%
Adj EPS 12%NA-17.2%-58.9%
BVPS 13.35.87.64.7
Share Price 37.6% 15.3% 70.2% 109.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 5.131.432.925.7-7.6-6.710.21.812.34.617.6
Op. Profit Mgn % 12.712.413.513-2.6-1.63.30.112.810.39.7
Net Profit Mgn % 15.56.97.5-3.4-2.13.30.75.31.85
Debt to Equity 2.31.60.60.40.50.50.50.70.50.70.1
Working Cap Days 888081871339893114150141108
Cash Conv. Cycle 324049579056507510711140

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 17.60%

Debt to equity has declined versus last 3 years average to 0.67

Sales growth is good in last 4 quarters at 66.66%

Sales growth has been subdued in last 3 years 0.50%

Net Profit has been subdued in last 3 years -17.21%

Latest Financials - SKM Egg Products Export (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 8.5 8.5
TTM Sales (₹ Cr.) 444 449
BVPS (₹.) 51.4 52.3
Reserves (₹ Cr.) 109 111
P/BV 3.08 3.03
PE 18.77 18.65
From the Market
52 Week Low / High (₹) 51.95 / 167.55
All Time Low / High (₹) 1.10 / 167.55
Market Cap (₹ Cr.) 418
Equity (₹ Cr.) 26.3
Face Value (₹) 10
Industry PE 57.8

Management X-Ray of SKM Egg Products :

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 SKM Egg Products

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

SKM Egg Products Export (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of SKM Egg Products on 06-Feb-2023 18:01 is : 158.7.
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 06-Feb-2023 18:01 the market cap of SKM Egg Products stood at ₹ 417.7.
The latest PE ratio of SKM Egg Products as of 06-Feb-2023 18:01 is 18.77.
The latest PB ratio of SKM Egg Products as of 06-Feb-2023 18:01 is 3.08
The 52-week high of SKM Egg Products is ₹ 167.6 and the 52-week low is ₹ 51.95.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of SKM Egg Products is ₹ 443.7 ( Cr.) .

About SKM Egg Products Export (India) Ltd

SKM Egg Products Export (India) established in 1995 is a part of SKM, which was founded by visionary SKM Mailenandhan, who started his career as a humble general store merchant. Today through the sheer commitment and values of excellence SKM has grown from an Individual to institution. SKM embarked on a new journey of excellence by starting SKM Egg Products as a 100% export oriented unit (EOU) .The modern state-of-the-art processing plant uses the best of the technology and commenced the commercial production in July 1997. 

The project now employs more than 200 people can process 1.2 million eggs every day and produce a range of albumen powder, yolk powder and whole egg powder for the international market. SKM Egg Products is gearing up for the future with lot more value additions in the products by delivering the best.

SKM egg processing plant´s entire construction and machinery installation confirms to EU / USDA regulations.The plant is approved by EIC-EIA as per the Indian Act 'Export of Egg Products Quality Control, Inspection, and Monitoring Rules 1997 Act, based on EU/USDA Guide lines'.

There are two product lines, one for yolk based products and another for egg albumen. The eggs are processed in a modern, fully automated factory using state-of-the-art equipments. The factory is fully air-conditioned and positive pressure is maintained in sterile zones. A fully automatic CIP system has been employed for cleaning the tanks and pipelines.

The utilities are housed in a separate building to eliminate the possibility of any contaminants in the processing area. The effluent generated are treated and put to use in accordance with the environmental norms to make processing eco-friendly.

The standard range of products developed by SKM R&D find wide applications in health food, baby food, mayonnaise, sauces, soup, meat, fish, pasta, bakery and confectionary industries.    

Product range of the company includes:

SKM offers the complete portfolio of spray dried egg ingredients, variety of egg white powders, egg yolk powder (heat stable) and a range of bakery mixes based on whole egg powder.

  • Egg yolk powder
  • Egg albumen powder
  • Whole egg powder
  • Bakery Mix.

Achievements/ recognition:

  • SO 9001:2000
  • HACCP Certification

Award:

  • SKM is the leading exporter from India and in recognition of their performance the APEDA [Govt. of India] is awarding them the silver trophy year after year. They have also been recognised by other Government bodies for their achievement in various fields.

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