1. Is Sandur Manganese & Iron Ores Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Sandur Manganese & Iron Ores Ltd is a average quality company.
2. Is Sandur Manganese & Iron Ores Ltd undervalued or overvalued?
The key valuation ratios of Sandur Manganese & Iron Ores Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Sandur Manganese & Iron Ores Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sandur Manganese & Iron Ores Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||10.5%||10.7%||4.5%||-2.5%||14.4%||21.7%||23.9%||18%||14.1%||42.1%||-|
|Value Creation Index ⓘ||-0.3||-0.2||-0.7||-1.2||0.0||0.6||0.7||0.3||0||2.0||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||85.9%||-1.7%||-24.5%||89.9%||44%||15.5%||-15.7%||26.2%||201.2%||-|
|Adj EPS ⓘ||12.5||14.7||6||-3.6||20.1||38.7||54.8||59.1||57.4||250.9||148.2|
|YoY Gr. Rt. %||-||18.1%||-59.5%||-160.1%||NA||92.2%||41.6%||7.8%||-2.9%||337.4%||-|
|BVPS (₹) ⓘ||130.9||144.5||148.7||142||165.6||203.1||269.8||321.8||370.1||618.3||636.5|
|Adj Net Profit ⓘ||32.5||38.4||15.5||-9.4||52.5||101||143||154||154||673||400|
|Cash Flow from Ops. ⓘ||24.5||5.5||29.9||3||80.3||122||169||-13.3||340||873||-|
|Debt/CF from Ops. ⓘ||0||0||0||0||0||0||0||-30.4||1.1||0.4||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||39.6%||65.6%||66.1%||337.4%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||10||10.7||4.1||-2.5||13.1||21||23.2||20||16.8||50.8||23.6|
|Op. Profit Mgn % ⓘ||17||17.2||8.9||1.3||21.5||27.3||32.6||34.1||36.5||43.3||21.5|
|Net Profit Mgn % ⓘ||20.2||12.8||5.3||-4.2||12.4||16.6||20.3||26||20.6||29.9||17.1|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0.5||0.4||0.2||0.1|
|Working Cap Days ⓘ||348||331||495||473||155||109||109||191||207||113||293|
|Cash Conv. Cycle ⓘ||123||63||69||72||33||7||-21||-8||-47||-67||174|
Sales growth is growing at healthy rate in last 3 years 47.40%
Net Profit is growing at healthy rate in last 3 years 66.08%
Sales growth is good in last 4 quarters at 110.54%
Return on Equity has declined versus last 3 years average to 23.60%
|TTM EPS (₹)||148.2||45|
|TTM Sales (₹ Cr.)||2,338||608|
|BVPS (₹.) ⓘ||636.5||0|
|Reserves (₹ Cr.) ⓘ||1,692||1,692|
|From the Market|
|52 Week Low / High (₹)||641.22 / 1702.52|
|All Time Low / High (₹)||5.87 / 1702.52|
|Market Cap (₹ Cr.)||2,057|
|Equity (₹ Cr.)||27|
|Face Value (₹)||10|
|Industry PE ⓘ||9.4|
Sandur Manganese & Iron Ores (SMIORE), the flagship company of the Sandur Group, was founded by former ruler of the Princely State of Sandur, Yeshwanthrao Hindurao Ghorpade in 1954.
The major activities of SMIORE are mining of finest low grade, low phosphorous, manganese and iron ores, facility for production of ferroalloys and management of hydro-electric power generation.
The company also owns facilities to produce resistor networks and copper clad laminates. The company undertook the production of solar photo-voltaic modules for various applications and is capable of producing 30MW of solar panels. During the fiscal year ended March 31, 2008, the company produced 2,17,404 tonnes of manganese ores.
It is the first and among the largest electrometallurgy units and the second largest manganese ore company in the private sector after the public sector MOIL, Nagpur. SAIL was once its largest customer.
In 1998, the company started tottering due to 'an unviable power tariff' under dues of Rs 92 crore to Karnataka Power Transmission Corporation, most of it as interest. The company was declared sick in May 2000, it once had a liability of over Rs 350 crore.
Associated with the management of the company from its inception, the ex-Chairman & Managing Director, M Y Ghorpade, with a Masterâ€™s Degree in Economics from Cambridge, has nurtured and developed SMIORE into one of the finest professionally managed companies in India, doing business in the fields of manganese ore, ferroalloys and electronics.
The Group also owns facilities to produce resistor networks and copper clad laminates. Recently, the Company has undertaken production of solar photo-voltaic modules for various applications using the above facilities, which are one of their kinds in the world and are jointly capable of producing 30 MW of solar panels annually.
The company is engaged in the business of low phosphorous, manganese and iron ores mining.