Shri Gang Industries & Allied Products Ltd - Stock Valuation and Financial Performance

BSE: 523309 | NSE: | Edible Oil | Small Cap

Shri Gang Ind&Allied Share Price

69.03 -3.63 -5.00%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Shri Gang Ind&Allied

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

1. Quality

2. Valuation

Fair

3. Price Trend

Shri Gang Industries & Allied Products stock performance -

mw4me loader
P/E Ratio (SA):
5.61
Market Cap:
123.8 Cr.
52-wk low:
50.3
52-wk high:
168.5

Is Shri Gang Industries & Allied Products Ltd an attractive stock to invest in?

1. Is Shri Gang Industries & Allied Products Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shri Gang Industries & Allied Products Ltd is a below average quality company.

2. Is Shri Gang Industries & Allied Products Ltd undervalued or overvalued?

The key valuation ratios of Shri Gang Industries & Allied Products Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Shri Gang Industries & Allied Products Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shri Gang Industries & Allied Products 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 Shri Gang Ind&Allied:

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.
Shri Gang Industries & Allied Products 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'15Jun'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -5.3%-6.4%4.6%6.5%8.8%11.2%-26.5%-13.2%16.9%26.4%-
Value Creation
Index
-1.4-1.5NANANANANANA0.20.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0000.7134.4032.280.2139283
Sales YoY Gr.-NANANA1,788.4%-66.2%-99.8%3,21,800%149.2%72.9%-
Adj EPS 0.80.8-0.8-2.3-5.5-3.1-4.6-4.55.27.312.3
YoY Gr.-0%-197.6%NANANANANANA42.3%-
BVPS (₹) -69.6-69.6-93.8-73.9-79.9-83.2-97-92.7-85.6-25-17.4
Adj Net
Profit
0.70.7-0.6-1.8-4.4-2.4-3.6-3.54.113.222
Cash Flow from Ops. 000-50.8-6.35.811.91.69.512.9-
Debt/CF from Ops. 28581.128581.13250.8-0.4-611.96.856.312.39.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA60.5%2302.5%72.9%
Adj EPS 27.4%NANA42.3%
BVPSNANANANA
Share Price - - - 3.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Jun'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-1.2-1.20.93.27.23.75.35-5.8-23.4-58.2
Op. Profit
Mgn %
000-140.4-14.6-27.4-20707.9-1.41012.912.5
Net Profit
Mgn %
000-266.7-33.5-55-60894.2-115.19.57.8
Debt to
Equity
-0.8-0.8-0.8-0.3-0.6-1-1.1-1.3-1.7-2.8-
Working Cap
Days
0003,0182448777,58,583166847621
Cash Conv.
Cycle
000-1,298-141-1839,029-86-38-8-64

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 2302.54%

Sales growth is good in last 4 quarters at 163.02%

Return on Equity is Poor

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Shri Gang Industries & Allied Products Ltd.

Standalone Consolidated
TTM EPS (₹) 12.3 -
TTM Sales (₹ Cr.) 283 -
BVPS (₹.) -17.4 -
Reserves (₹ Cr.) -49 -
P/BV -3.98 -
PE 5.61 -
From the Market
52 Week Low / High (₹) 50.27 / 168.50
All Time Low / High (₹) 0.25 / 242.55
Market Cap (₹ Cr.) 124
Equity (₹ Cr.) 17.9
Face Value (₹) 10
Industry PE 73.1

Management X-Ray of Shri Gang Ind&Allied:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.0021.24
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shri Gang Ind&Allied

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSJun'14Jun'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales000113403280139
Operating Expenses 000215613372121
Manufacturing Costs00001011216
Material Costs00011240286393
Employee Cost 0000110234
Other Costs 0001110257
Operating Profit 000-1-2-1-10818
Operating Profit Margin (%) ----140.0%-14.6%-27.4%-20,707.9%-1.4%10.0%12.9%
Other Income 0100010011
Interest 0000222225
Depreciation 0000000123
Exceptional Items 0-10-1-100000
Profit Before Tax 00-1-3-5-3-4-4510
Tax 000000001-4
Profit After Tax 00-1-3-5-3-4-4513
PAT Margin (%) ----404.0%-36.9%-58.0%-60,894.2%-11.0%5.9%9.5%
Adjusted EPS (₹)-0.50.1-0.8-3.5-6.1-3.2-4.6-4.56.07.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund -55-55-56-59-63-66-70-73-68-45
Share Capital 88888888818
Reserves -63-63-64-67-71-74-77-81-76-63
Minority Interest0000000000
Debt4442038637388114108
Long Term Debt444864336771
Short Term Debt00012315870854737
Trade Payables1110111033416728
Others Liabilities 46474741494349426772
Total Liabilities 6661327435772120163

Fixed Assets

Gross Block222222223536377151131
Accumulated Depreciation181919191717171848
Net Fixed Assets44331919205347123
CWIP 0000011180530
Investments 0000000000
Inventories11111004523
Trade Receivables0000100003
Cash Equivalents 0000000011
Others Assets111861319141413
Total Assets 6661327435772120163

Cash Flow

(All Figures are in Crores.)
PARTICULARSJun'14Jun'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 000-51-66122913
PBT 00-1-3-5-3-4-4510
Adjustment 0001323339
Changes in Working Capital 0-00-49-471322-5
Tax Paid 0000000000
Cash Flow From Investing Activity 0000-17-17-13-13-48-26
Capex 0000-15-11-9-17-48-26
Net Investments 0000000000
Others 0000-1-6-4400
Cash Flow From Financing Activity 0005123111123813
Net Proceeds from Shares 00000000010
Net Proceeds from Borrowing 0004-2-2-1000
Interest Paid 0000-2-2-2-2-2-5
Dividend Paid 0000000000
Others 000472714414408
Net Cash Flow 0000000000
PARTICULARSJun'14Jun'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0000.070.650.1300.50.830.98
PAT to CFO Conversion(x)NANNANN/AN/AN/AN/AN/AN/A1.81
Working Capital Days
Receivable Days000281100204
Inventory Days00062727430221937
Payable Days0006,99021629101276668

Shri Gang Industries & Allied Products Ltd Stock News

Shri Gang Industries & Allied Products Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shri Gang Ind&Allied on 28-Mar-2024 16:01 is ₹69.03.
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 Shri Gang Ind&Allied stood at ₹123.8.
The latest P/E ratio of Shri Gang Ind&Allied as of 28-Mar-2024 16:01 is 5.61.
The latest P/B ratio of Shri Gang Ind&Allied as of 28-Mar-2024 16:01 is -3.98.
The 52-week high of Shri Gang Ind&Allied is ₹168.5 and the 52-week low is ₹50.27.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shri Gang Ind&Allied is ₹283.4 ( Cr.) .

About Shri Gang Industries & Allied Products Ltd

Shri Gang Industries and Allied Products Limited is a public limited company incorporated in 1989 under the provisions of the Companies Act, 1956 having its registered office at Sandila Phase IV, Sandila Hardoi, Uttar Pradesh.  

The Company was engaged in the business of manufacturing and Sale of Vanaspati, Refined Oils and Bakery Shortening. It manufactured these products under its brands, “Apna” and “Mr. Baker” through their plant situated at Sikandrabad, Uttar Pradesh (UP) and the sales were mainly in the State of Uttar Pradesh. The manufacturing activities at factory premises was suspended with effect from March 25, 2010 since the plant at Sikandrabad (UP) was quite old and required substantial capex towards technological up-gradation and addition of new equipment.

Due to this the company diversified into liquor business and set up Bottling Plant for Indian Made Foreign Liquor (IMFL) at Sandila, Dist. Hardoi, Uttar Pradesh which commenced commercial production in July 2020. The Company also set-up a Distillery unit as a backward integration of Bottling Plant. The Distillery unit commenced commercial production in September, 2022. The company is exclusively manufacturing IMFL for United Spirits Limited.

Business area of the company

The company is now focusing on its liquor business as the edible oils business is not conducive as the plant at Sikandrabad (UP) is quite old and requires substantial capex towards technological up-gradation and addition of new equipment. The company is exclusively manufacturing Indian-made Indian liquor (IMIL) for United Spirits in their popular and prestigious brands. The company also has a long term agreement for supply of ENA to United Spirits.

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