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SKM Egg Products Export (India) Ltd Stock Analysis

Small Cap
Evaluated by 686 users | BSE: 532143 | NSE: SKMEGGPROD |
Consumer Food
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...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed -2.6%-2.33%8.15%15.81%19.72%18.74%-2.57%-1.86%9.09%3.94%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 115127193239271270195282286272
Y-o-Y Gr. Rt.-10.1%52.8%23.8%13.4%-0.7%-27.5%44.3%1.5%-4.9%
Adjusted EPS (Rs.) -4.02-4.410.734.977.097.68-2.56-2.263.560.67
Y-o-Y Gr. Rt.-NANA580.8%42.7%8.3%-133.3%NANA-81.2%
Book Value per Share (Rs.) 18.5514.1414.5217.1925.9633.8233.8234.1135.937.29
Adjusted Net Profit -10.6-11.61.913.118.720.2-6.7-69.41.8
Net Op. Cash Flow (Rs. Cr.) 5.15.110.827.336.627.9-214.716.3-10.2
Debt to Cash Flow from Ops 25.517.057.982.571.131.29-21.542.992.68-6.41
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
SKM Egg Products Export (India) Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 10.1%0.1%11.7%-4.9%
Adjusted EPS NA-37.6%NA-81.2%
Book Value per Share 8.17.53.33.9
Share Price 25% 53.1% -17.7% 128.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) -19.77-26.995.0731.3532.8725.69-7.56-6.6610.181.83
Operating Profit Margin (%) -2.932.6812.7112.3913.4513.04-2.61-1.573.270.14
Net Profit Margin (%) -9.2-9.180.995.476.887.5-3.44-2.113.280.65
Debt to Equity 2.682.362.251.550.610.40.490.490.460.66
Working Capital Days 183152888081871339893114
Cash Conversion Cycle 79403240495790565075
Entity Percentage Holding
Promoters 55.09%
Institutions 0.01%
Non-Institutions 44.90%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of SKM Egg Products Export (India) Ltd's performance infers:

SKM Egg Products Export (India) Ltd earnings have declined by -37.6%, whereas share price has appreciated 53.1% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of SKM Egg Products Export (India) Ltd share prices over the last 10 years. Here is what we found out:

SKM Egg Products Export (India) Ltd share price has appreciated 18.4% annually over the past ten years.

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

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.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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