Sejal Glass Ltd - Stock Valuation and Financial Performance

BSE: 532993 | NSE: SEJALLTD | Glass | Small Cap

Sejal Glass Share Price

342 -6.95 -1.99%
as on 18-Mar'24 16:59

DeciZen - make an informed investing decision on Sejal Glass

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

1. Quality

2. Valuation

Undervalued

3. Price Trend

Sejal Glass stock performance -

mw4me loader
P/E Ratio (SA):
37.51
Market Cap:
345.4 Cr.
52-wk low:
211.4
52-wk high:
401.9

Is Sejal Glass Ltd an attractive stock to invest in?

1. Is Sejal Glass Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sejal Glass Ltd is a average quality company.

2. Is Sejal Glass Ltd undervalued or overvalued?

The key valuation ratios of Sejal Glass Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Sejal Glass Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Sejal Glass Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Sejal Glass:

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.
Sejal Glass 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -5%-32.2%-165.3%176.1%9.4%16.7%20%16.2%-621.3%25.7%-
Value Creation
Index
-1.4-3.3NANANANANANA-45.40.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 12614.414.24.99.78.53.71024.346.454
Sales YoY Gr.--88.6%-1.7%-65.3%97.6%-12%-56.4%169.4%142.8%90.8%-
Adj EPS -5.2-18.4-36.2-14.1-2.2-4.4-6.4-5.5145.59.39.1
YoY Gr.-NANANANANANANANA-93.6%-
BVPS (₹) 32.915.9-20-33.8-35.9-39-45.4-50.9-13.60.312.3
Adj Net
Profit
-17.3-61.6-121-47.2-7.5-14.7-21.5-18.41479.39
Cash Flow from Ops. -1.4-6.35.920.72.92.97.22.8-6-1.8-
Debt/CF from Ops. -40.8-8.48.51.49.27.73.123.2-5.5-17.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -10.5%36.8%132%90.8%
Adj EPS NANANA-93.6%
BVPS-40.9%NANANA
Share Price 58.4% 128% 306% 46.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-10.7-52.9-614.373.28.214.217.713-203.289.5145.2
Op. Profit
Mgn %
-4.5-116.4-101.8-126-28.2-78.3-115-28.8-4.57.99.4
Net Profit
Mgn %
-13.7-427.7-857.7-960.5-77-171.7-578.7-183.8604.120.116.9
Debt to
Equity
0.51-0.7-0.3-0.2-0.2-0.2-0.4-2.4106.8-
Working Cap
Days
5224,1342,4212,8829796941,41255418710068
Cash Conv.
Cycle
72858550622-42-54-53-231-6165-25

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 145.20%

Sales growth is growing at healthy rate in last 3 years 131.96%

Sales growth is good in last 4 quarters at 27.76%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 106.83

Latest Financials - Sejal Glass Ltd.

Standalone Consolidated
TTM EPS (₹) 9.1 10
TTM Sales (₹ Cr.) 54.4 126
BVPS (₹.) 12.3 14.4
Reserves (₹ Cr.) 2 4
P/BV 27.87 23.68
PE 37.51 34.08
From the Market
52 Week Low / High (₹) 211.35 / 401.90
All Time Low / High (₹) 2.24 / 517.45
Market Cap (₹ Cr.) 345
Equity (₹ Cr.) 10.1
Face Value (₹) 10
Industry PE 31.9

Management X-Ray of Sejal Glass:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.130.150.150.150.110.150.150.17
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Sejal Glass

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales126141451094102446
Operating Expenses 13332291112158132543
Manufacturing Costs2111111234
Material Costs1181115478371730
Employee Cost 6544333345
Other Costs 71592232123
Operating Profit -7-18-15-6-3-7-4-3-14
Operating Profit Margin (%) -5.2%-123.0%-102.0%-126.0%-28.2%-78.3%-115.0%-28.7%-4.5%7.5%
Other Income 11831310000
Interest 9964222312
Depreciation 2543332211
Exceptional Items -12-16-100-34-3-4-13-10150-1
Profit Before Tax -19-40-121-47-7-15-22-181470
Tax 0220000000-9
Profit After Tax -19-62-121-47-7-15-22-181479
PAT Margin (%) -14.8%-430.0%-855.0%-950.0%-77.0%-171.0%-578.0%-183.0%604.1%18.5%
Adjusted EPS (₹)-5.6-18.5-36.1-13.9-2.2-4.4-6.4-5.5145.58.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 15281-41-88-95-111-132-151615
Share Capital 34343434343434341010
Reserves 11947-75-121-129-144-166-184-45
Minority Interest0000000000
Debt53514929272222643331
Long Term Debt1736330000006
Short Term Debt35151629272222643325
Trade Payables481414131313132112
Others Liabilities 2771821291201281521193-6
Total Liabilities 28121710482645355534342

Fixed Assets

Gross Block97737171716969697059
Accumulated Depreciation21222529313436394039
Net Fixed Assets76514642393532303020
CWIP 7885533300
Investments 1111110004
Inventories10742211123
Trade Receivables66361866445510
Cash Equivalents 1110005512
Others Assets1191132826109101053
Total Assets 28121710482645355534342

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -1-66213373-6-2
PBT -19-40-121-47-7-15-22-9-30
Adjustment 153411405417623
Changes in Working Capital 5-11527513116-5-5
Tax Paid 0000000000
Cash Flow From Investing Activity 1618140400-27
Capex 710130300012
Net Investments 300000000-4
Others 58110000-2-1
Cash Flow From Financing Activity -15-13-7-25-3-7-2-34-4
Net Proceeds from Shares 00000000100
Net Proceeds from Borrowing 0-200000000
Interest Paid -9-9-6-4-2-2-2-3-1-2
Dividend Paid 0000000000
Others -6-2-2-21-1-400-5-2
Net Cash Flow 0-100005-1-41
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-15.73-75.66N/AN/AN/AN/AN/AN/A00
ROCE (%)-5.54-22.13N/AN/AN/AN/AN/AN/A07.3
Asset Turnover Ratio0.470.060.10.060.130.150.070.190.51.08
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/A-0.04-0.22
Working Capital Days
Receivable Days1431,1986358052162174111677259
Inventory Days38203127205865860312320
Payable Days1181,0173551,0916936061,90894323520

Sejal Glass Ltd Stock News

Sejal Glass Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sejal Glass on 18-Mar-2024 16:59 is ₹342.0.
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-Mar-2024 16:59 the market cap of Sejal Glass stood at ₹345.4.
The latest P/E ratio of Sejal Glass as of 18-Mar-2024 16:59 is 37.51.
The latest P/B ratio of Sejal Glass as of 18-Mar-2024 16:59 is 27.87.
The 52-week high of Sejal Glass is ₹401.9 and the 52-week low is ₹211.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sejal Glass is ₹54.40 ( Cr.) .

About Sejal Glass Ltd

Sejal Glass was incorporated as ‘Sejal Architectural Glass Private Limited’ vide Certificate of Incorporation dated December 11, 1998 under the Companies Act, 1956. The company was subsequently converted to a public limited company vide fresh certificate of incorporation dated March 08, 1999. Promoted by the members of the Gada family, the company is in the business of processing glass.

The company started its commercial operations in the year 2000-01 by setting up a processing facility for insulating glass. As a step forward, it started another process for toughened glass in the year 2001. Since then, the company has expanded its operations by adding an automated lamination line in January 2007. The company has broadened its scope of business activities by processing various value added glass for exterior and interior applications, including decorative glass.

It is one of the preferred players in India and comprises of many companies; each offering a specific product range catering to different segments. The company is consistently analyzing and satisfying the customer's needs, conveniences and preferences.

Sejal Architectural Glass, the flagship of Sejal Group, is one of the preferred processors in India today. SAGL is consistently analyzing and satisfying the customer's needs, conveniences and preferences by offering specific product range in different segment. For profitability and steady growth, the group has broadened its business into proceeding complete architectural solutions, both nationally and internationally. From strength to strength on sheer trust.

In 1991, it started with a small glass trading retail outlet, Sejal Glass House. Envisioning the demand for glass in the Indian market. It expanded to a processing unit in Charkop with Sejal Glass Craft Pvt Ltd. Glass was being increasingly used in construction. Recognizing this trend quickly, Sejal Architectural Glass Ltd. was established. It has a processing unit at Silvassa boasting all state of art CNC machines.

The group has also made a foray into insurance broking and finance businesses. With its ambitious expansion plans Sejal has marked its presence into Interior Products Retailing.

European machinery, solid infrastructure, corporate clients, and most importantly a thirst to grow with a vision is what makes Sejal today as one of country’s preferred player in glass solutions. They have emerged as a One-stop-shop for virtually ‘Everything in Glass’.

Products range of the company includes:

  • Solid Glass
  • Kool Glass
  • Tone Glass
  • Fort Glass
  • Armor Glass
  • Decor Glass
  • Fireban Glass
  • Fresca
  • Lunaro

Milestones:

  • Incorporation 1998
  • Started Commercial Production of Insulating Glass 2000
  • Started Commercial Production of Toughened Glass 2001
  • “Good” eQ rating of 8.1% by AC Nielson Research Pvt. Ltd. 2005
  • Acquired Land for the float glass project at Jhagadia, Gujarat 2006
  • Completed expansion of the New Lamination Line 2007
  • Contract for Machinery Supply with Stein Heurtey, France for float glass project 2007
  • Inauguration of “SEJAL ENCASA” the exclusive Glass Trading Outlet 2007
  • Roll out of Supply Chain Management Enterprise Resource Planning (ERP) modules in the organization 2008
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