What is Shree Steel Wire Ropes share price return in the past 10 years?

Shree Steel Wire Ropes Ltd share price has appreciated 20.2% annually (CAGR) over the past ten years.

What is the P/E ratio of Shree Steel Wire Ropes?

The latest standalone P/E ratio of Shree Steel Wire Ropes as of 18-Apr-2024 is 0.00.

What is the P/B ratio of Shree Steel Wire Ropes?

The latest standalone P/B ratio of Shree Steel Wire Ropes as of 18-Apr-2024 is 0.92.

What is the 52-week high and low of Shree Steel Wire Ropes?

The 52-week high of Shree Steel Wire Ropes is Rs. 48.04 and the 52-week low is Rs. 27.30.

Shree Steel Wire Ropes Ltd - Stock Valuation and Financial Performance

Name: Shree Steel Wire Ropes
Brand: Shree Steel Wire Ropes

BSE: 513488 | NSE: | Steel & Iron Products | Small Cap

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Shree Steel Wire Share Price

₹36.85 -0.44 -1.18%
as on 18-Apr'24 16:01

DeciZen - make an informed investing decision on Shree Steel Wire

Based on:

Data

M-Cap below 100cr DeciZen not available

Shree Steel Wire Ropes stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

0.00

Market Cap:

12.4 Cr.

52-wk low:

27.3

52-wk high:

Is Shree Steel Wire Ropes Ltd an attractive stock to invest in?

1. Is Shree Steel Wire Ropes Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shree Steel Wire Ropes Ltd is a average quality company.

2. Is Shree Steel Wire Ropes Ltd undervalued or overvalued?

The key valuation ratios of Shree Steel Wire Ropes Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Shree Steel Wire Ropes Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shree Steel Wire Ropes 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 Shree Steel Wire:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	16%	9.4%	12.5%	6.1%	7.4%	5.7%	17.8%	7.2%	2.2%	6%	-
Value Creation Index ⓘ	0.1	-0.3	-0.1	-0.6	-0.5	-0.6	0.3	-0.5	-0.9	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	9	9.5	11.5	9.6	13	18.1	21.5	14	15.2	18.1	11
Sales YoY Gr.	-	6%	20.6%	-16.2%	34.8%	39.3%	19.1%	-35.2%	9.2%	19%	-
Adj EPS ⓘ	3	2	3	1.6	2.1	1.4	5.9	2.6	0.8	2.4	-0.6
YoY Gr.	-	-33.9%	49.3%	-46.3%	29.2%	-33.7%	326.8%	-55.5%	-69.1%	192.6%	-
BVPS (₹) ⓘ	20.6	22.6	25.6	27.3	29.3	30.7	35.5	38.5	39.4	41	40.4
Adj Net Profit ⓘ	1	0.7	1	0.5	0.7	0.5	2	0.9	0.3	0.8	0
Cash Flow from Ops. ⓘ	0	0.6	0.4	0.6	0.7	0.7	0.3	0.5	0.4	1.9	-
Debt/CF from Ops. ⓘ	-1.9	0	0.2	0.1	0.3	0.2	0.1	0.2	0.1	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.1%	6.9%	-5.6%	19%
Adj EPS ⓘ	-2.7%	2.6%	-26.2%	192.6%
BVPSⓘ	7.9%	6.9%	4.9%	4.1%
Share Price	20.2%	19.3%	18.2%	23.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	16	9.4	12.5	6.1	7.4	4.6	17.9	7.1	2.1	5.9	-1.5
Op. Profit Mgn % ⓘ	11.5	7.8	11.1	6.1	6.1	6.6	12.6	10.6	3.2	7.4	1.6
Net Profit Mgn % ⓘ	11.2	7	8.6	5.5	5.3	2.5	9.1	6.2	1.8	4.3	-1.9
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	219	224	205	251	195	155	123	199	193	172	126
Cash Conv. Cycle ⓘ	42	51	45	71	52	45	45	97	98	96	102

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -5.59%

Sales growth is not so good in last 4 quarters at -51.31%

Latest Financials - Shree Steel Wire Ropes Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-0.6	-
TTM Sales (₹ Cr.)	10.9	-
BVPS (₹.) ⓘ	40.4	-
Reserves (₹ Cr.) ⓘ	10	-
P/BV ⓘ	0.92	-
PE ⓘ	0.00	-

From the Market
52 Week Low / High (₹)	27.30 / 48.04
All Time Low / High (₹)	0.55 / 55.00
Market Cap (₹ Cr.)	12.4
Equity (₹ Cr.)	3.3
Face Value (₹)	10
Industry PE ⓘ	26.1

Management X-Ray of Shree Steel Wire:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Shree Steel Wire

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Shree Steel Wire

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	8.99	9.53	11.49	9.63	12.98	18.08	21.53	13.95	15.23	18.12
Operating Expenses ⓘ	7.97	8.78	10.22	9.04	12.19	16.88	18.86	12.47	14.75	16.79
Manufacturing Costs	0.42	0.53	0.57	0.51	0.50	0.69	1.28	0.92	0.81	0.84
Material Costs	5.68	6.16	7.01	6.06	7.46	10.72	14.70	8.91	11.01	12.71
Employee Cost	0.71	0.88	1.19	1.20	1.47	2.01	2.12	2.01	2.18	2.49
Other Costs ⓘ	1.16	1.21	1.45	1.27	2.76	3.45	0.76	0.64	0.76	0.75
Operating Profit ⓘ	1.02	0.74	1.28	0.59	0.79	1.20	2.67	1.47	0.48	1.33
Operating Profit Margin (%)	11.3%	7.8%	11.1%	6.1%	6.1%	6.6%	12.4%	10.6%	3.1%	7.4%
Other Income ⓘ	0.29	0.34	0.37	0.39	0.27	0.07	0.06	0.03	0.09	0.07
Interest ⓘ	0.01	0	0.01	0.01	0.02	0.17	0.01	0.01	0.01	0.01
Depreciation ⓘ	0.16	0.12	0.11	0.11	0.14	0.16	0.19	0.26	0.30	0.32
Exceptional Items ⓘ	0.15	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	1.29	0.96	1.52	0.86	0.91	0.95	2.53	1.23	0.26	1.07
Tax ⓘ	0.29	0.30	0.53	0.33	0.22	0.49	0.60	0.37	-0.01	0.28
Profit After Tax	1	0.67	0.99	0.53	0.69	0.46	1.93	0.87	0.27	0.78
PAT Margin (%)	11.1%	7.0%	8.6%	5.5%	5.3%	2.5%	8.9%	6.2%	1.8%	4.3%
Adjusted EPS (₹)	3.0	2.0	3.0	1.6	2.1	1.4	5.8	2.6	0.8	2.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	6.80	7.46	8.46	8.99	9.68	10.11	11.72	12.70	13	13.52
Share Capital ⓘ	3.30	3.30	3.30	3.30	3.30	3.30	3.30	3.30	3.30	3.30
Reserves ⓘ	3.50	4.17	5.16	5.69	6.38	6.81	8.42	9.41	9.70	10.22
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0.04	0	0.06	0.03	0.20	0.03	0	0.02	0	0
Long Term Debt	0.04	0	0.06	0	0.12	0.03	0	0.02	0	0
Short Term Debt	0	0	0	0.03	0.08	0	0	0	0	0
Trade Payables	0.96	1.37	1.22	1.61	1.93	2.49	1.70	1.44	1.71	0.78
Others Liabilities ⓘ	0.33	0.09	0.47	0.29	0.22	1.13	0.93	0.74	1.15	1.52
Total Liabilities ⓘ	8.12	8.92	10.21	10.93	12.03	13.76	14.35	14.91	15.85	15.83
Fixed Assets
Gross Block	8.27	8.35	8.48	8.49	8.80	8.87	10.16	4.23	12.26	12.45
Accumulated Depreciation	6.80	6.92	7.03	7.15	7.28	7.19	7.37	0	7.93	8.25
Net Fixed Assetsⓘ	1.47	1.42	1.44	1.34	1.52	1.68	2.80	4.23	4.33	4.21
CWIP ⓘ	0	0	0	0	0	0	0.27	0	0	0
Investmentsⓘ	0	0	0	1.26	2.44	2.44	1.24	0.01	0.01	0.01
Inventories	0.68	1.45	1.54	1.37	2.22	3.07	2.80	2.73	4.04	3.37
Trade Receivables	2.27	1.48	2.25	2.57	1.59	2.48	3.72	3.70	3.13	2.13
Cash Equivalents	0.44	0.74	1.12	1.24	0.98	1.35	1.19	1.55	1.65	3.74
Others Assetsⓘ	3.26	3.84	3.86	3.16	3.28	2.74	2.34	2.69	2.69	2.36
Total Assets ⓘ	8.12	8.92	10.21	10.93	12.03	13.76	14.35	14.91	15.85	15.83

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	-0.02	0.64	0.40	0.63	0.70	0.72	0.26	0.49	0.35	1.94
PBT ⓘ	1.14	0.96	1.52	0.86	0.91	0.95	2.53	1.23	0.26	1.07
Adjustment ⓘ	-0.36	-0.19	-0.17	-0.16	-0.07	0.17	0.16	0.23	0.12	-0.07
Changes in Working Capital ⓘ	-0.51	0.28	-0.51	0.3	0.18	-0.23	-1.85	-0.51	0.14	1.04
Tax Paid ⓘ	-0.29	-0.41	-0.44	-0.36	-0.32	-0.17	-0.58	-0.46	-0.16	-0.10
Cash Flow From Investing Activity ⓘ	-0.08	-0.30	-0.08	-0.48	-1.13	-0.25	-0.75	0.16	-0.57	-0.76
Capex	-0.01	-0.07	-0.13	-0.01	-0.32	-0.32	-0.39	-0.20	-0.40	-0.20
Net Investments	0	0	0	-1.25	-1.21	0	-0.37	0.33	-0.38	-1.05
Others ⓘ	-0.07	-0.23	0.05	0.79	0.39	0.07	0.01	0.03	0.21	0.48
Cash Flow From Financing Activityⓘ	-0.01	-0.04	0.06	-0.03	0.15	-0.11	-0.03	0.04	-0.05	-0.01
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	-0.04	0.06	-0.03	0.20	-0.09	-0.03	0.02	-0.02	0
Interest Paid ⓘ	-0.01	0	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	0	-0.01
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	-0.03	0	0	0.02	-0.03	0
Net Cash Flow ⓘ	-0.10	0.30	0.38	0.12	-0.28	0.36	-0.53	0.69	-0.27	1.16

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	15.82	9.35	12.48	6.11	7.36	4.62	17.65	7.11	2.08	5.92
ROCE (%)	20.48	13.51	19.19	9.87	9.78	11.09	23.13	10.16	2.11	8.15
Asset Turnover Ratio	1.25	1.24	1.34	1.01	1.16	1.4	1.81	1.12	1.17	1.19
PAT to CFO Conversion(x)	-0.02	0.96	0.4	1.19	1.01	1.57	0.13	0.56	1.3	2.49
Working Capital Days
Receivable Days	72	65	53	82	57	41	44	82	69	51
Inventory Days	33	37	43	49	49	53	42	61	69	72
Payable Days	77	69	67	85	87	75	52	64	52	36

Shree Steel Wire Ropes Ltd Stock News

Shree Steel Wire Ropes Ltd FAQs

What is the share price of Shree Steel Wire?

Company share prices are keep on changing according to the market conditions. The closing price of Shree Steel Wire on 18-Apr-2024 16:01 is ₹36.85.

What is the market cap of Shree Steel Wire?

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-Apr-2024 16:01 the market cap of Shree Steel Wire stood at ₹12.35.

What is the P/E ratio of Shree Steel Wire?

The latest P/E ratio of Shree Steel Wire as of 18-Apr-2024 16:01 is 0.00.

What is the P/B ratio of Shree Steel Wire?

The latest P/B ratio of Shree Steel Wire as of 18-Apr-2024 16:01 is 0.92.

What is the 52-week high and low of Shree Steel Wire?

The 52-week high of Shree Steel Wire is ₹48.04 and the 52-week low is ₹27.30.

What is the TTM revenue of Shree Steel Wire?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shree Steel Wire is ₹10.93 ( Cr.) .

About Shree Steel Wire Ropes Ltd

Shree Steel Wire Ropes established in 1972 is today a BLUE CHIP Company and a leader in Steel Wire Ropes. Operating from its modern sophisticated state-of-the-art plant at Khopoli. Shree believes quality is not an incidental phenomena but the outcome of untinted cohesive team work. This is why their technocrats are always one step ahead.

The company is a dominating name in the field of Steel Wire Ropes since 1972 having its modern sophisticated plant at Khopoli near Mumbai.

The company is keeping pace with the modern latest technology. This is one of the main reason for their winning continuously Export Excellency Award from Govt. of India for the fourth consecutive year since 1992-93 till date.

The company produces wire ropes to all international standards including BS/DIN/GOST/API/FEDERAL. They have the 'Total Technology for any type of wire rope'.

Shree is also a major source of indigenous development of various import substitution items. 'SHREE' Wire ropes are approved by internationally acclaimed inspection agencies like Lloyd's, American Bureau of Shipping, Bureau Veritas, SGS India Ltd., etc., on several occasions. 'SHREE' is playing a key role and one of the major supplier to Railways, Port Trusts, ONGC, Oil India, Defense, Steel Plants, Dept. of Atomic Energy, CoalFields and other major projects.

Shree Wire Ropes are in extensive use in general Engineering, Shipping, Fishing, Mining, Oil Well Exploration, Construction, Aerial Application, Deep Sea Exploration and so on. Shree Steel Wire Ropes has recently introduced a new fully equipped modern foundry division. This area produces specially the following items:

Non-ferrous castings
Aluminium Alloys.
Aluminium Bronze
Brass

Shree Steel Wire Ropes can produce the various engineering components and parts from 50 grams to 10 kg per piece as per the customerâ€™s drawings and specifications with International standards.

The companyâ€™s current production is over 1000 kg per day and its promised to improve the poduction atleast twice in the coming year.

Product range of the company includes:

Wire ropes A wire rope is made up of a number of strands laid helically about a metallic or non metallic core. Each strand consists of a number of wires also laid helically about a metallic or non metallic centre. For manufacturing rope wire the following materials are used such as Iron, Traction Steel, Plough Steel/Improved Plough Steel. Iron wire rope is largely used for low strengths, Plough and Improved Plough Steels are used for higher strengths. Ropes made of galvanized wire or wire coated with zinc by the electro deposition process are used in certain applications where additional protection against rusting is required.
Allied Products

Achievements/ recognition:

An ISO 9002 certified company
'SHREE' is the winner of Export Excellency Award for 91-92, 92-93, 93-94, 94-95 & 95-96
'SHREE' wire ropes are approved by internationally acclaimed inspection agencies like Lloyd's, American Bureau of Shipping, Bureau Veritas, SGS India Ltd., etc., on several occasions.