Shree Rama Multi-Tech Ltd Stock Analysis

BSE: 532310 | NSE: SHREERAMA | Plastic Products | Small Cap

BSE Share Price Jan 25, 18:01
17.50 -0.55 (-3.05%)

DeciZen - Make an Informed Decision on Shree RamaMulti-Tech

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity See How?

1. Quality

2. Valuation

Somewhat Undervalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

FAQ's

1. Is Shree Rama Multi-Tech Ltd a good quality company?

Data is not available for this company.

2. Is Shree Rama Multi-Tech Ltd undervalued or overvalued?

The key valuation ratios of Shree Rama Multi-Tech Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Shree Rama Multi-Tech Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shree Rama Multi-Tech Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shree RamaMulti-Tech:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % -2.2%-4.6%1.3%-2.4%4.5%2%0.5%-0.3%17.2%4.2%-
Value Creation Index NANA-0.9-1.2-0.7-0.9-1.0-1.00.2-0.7-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 72.285.4105108107121122117131136145
YoY Gr. Rt. %-18.2%23.4%2.4%-1%13.3%1.2%-4.2%11.5%3.8%-
Adj EPS -0.8-1.7-0.4-1.30.3-0.3-0.4-0.52.50.6-0.1
YoY Gr. Rt. %-NANANANA-222.2%NANANA-77.8%-
BVPS (₹) -21.5-4.90.30.11.81.410.53.94.54
Adj Net Profit -5.2-10.6-2.4-8.31.7-2.1-2.6-3163.5-1
Cash Flow from Ops. 3.610.415.115.57.916.69.212.914.90.8-
Debt/CF from Ops. 81.615.710.39.4167.511.88.15.289.3-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 7.3%4.9%3.5%3.8%
Adj EPS NA15.7%NA-77.8%
BVPS 020.463.914.7
Share Price 17.5% 4.2% 43% 124.4%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 3.313.730.9-101.513.7-15.4-33.2-61.6114.113.4-2.9
Op. Profit Mgn % 1211.312.68.414.111.78.76.913.18.84.6
Net Profit Mgn % -7.2-12.4-2.3-7.71.6-1.7-2.1-2.612.22.6-0.5
Debt to Equity -2.3-6.717.519.4713.616.830.93.12.52.7
Working Cap Days 219199169164171159171201169141148
Cash Conv. Cycle 11911110110310496107114898487

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 2.46

Sales growth is good in last 4 quarters at 21.44%

Return on Equity is Poor

Sales growth has been subdued in last 3 years 3.52%

Latest Financials - Shree Rama Multi-Tech Ltd.

Standalone Consolidated
TTM EPS (₹) -0.1 -
TTM Sales (₹ Cr.) 145 -
BVPS (₹.) 4 -
Reserves (₹ Cr.) -6 -
P/BV 4.40 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 7.05 / 23.00
All Time Low / High (₹) 2.43 / 121.90
Market Cap (₹ Cr.) 111
Equity (₹ Cr.) 31.7
Face Value (₹) 5
Industry PE 24.3

Management X-Ray of Shree RamaMulti-Tech :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Shree Rama Multi-Tech Ltd

From a modest beginning in 1986-87 with a simple extrusion coating line involving a small investment, Shree Rama Multi-Tech (SRMTL) has grown into an international scale organization offering state-of-the-art packaging solutions to a large customer base.

Shree Rama Multi Tech Ltd. (India) as one of the largest manufacturers of flexible packaging materials in global horizon. SRMTL has set up integrated hi-tech production facilities, with an investment of US $ 110 million. It is  an ISO 9001-2000 company having state of the art plant and machinery and technology and a leading player in the global arena.

SRMTL is a complete solution provider to packaging needs of consumer industry, supported by latest technology, intense R & D and vast experience in the industry, the company has attained highest quality standards. The packaging support from SRMTL adds tremendous value and appeal to products.

The company has invested in the most modern plastic process technologies and is one of the largest integrated facilities for laminated and plastic tubes in the world. Their activities manifest their concern for careful attention to the minutest requirements of their valued customers. They strongly believe that they must live up to the expectations of their customers and provide them with superior quality and advanced packaging products, comparable with international standards. This has helped them build a strong relationship base which is the backbone of their organization. 

The future growth of the company is being propelled through the development of new products and creation of new markets, both domestic and international. 

SRMTL is one of the largest producers of laminated tubes, monolayer & multi-layer tubes for toothpaste, shaving cream & beauty cream and ointment, epoxy, adhesives, self adhesive labels, flexible and tube laminates (for toothpaste), specialty laminates, paper cups & HIPS cups, and Tarpaulin. The prestigious clients list for the world class packaging materials in FMCG pharmaceutical & cosmetics companies in domestic (Like HLL, EMAMI, DABUR, VICCO, HIMALAYA, RANBAXY, CIPLA, CHOICE, J.K.HELEN ETC.) and UNILEVER & STS Holdings in International markets.

The company is having technical alliances with :

  • Multilayer Film - Reifenhauser, Germany
  • Extrusion Coating - Davis Standard  / ER-WE-PA
  • Laminated Web - Fujimori Kogyo, Japan
  • Printing - Taiyo Kikai, Japan
  • Laminated Tubes - AISA, Switzerland
  • Paper Cups - PMC, USA

Product range of the company includes:

  • Monolayer Tubes
  • Multilayer Tubes
  • Cups
  • Labels
  • Tarpaulin
  • Multilayer films
  • Plastic lamination
  • Injectrion Moulding

Clientele:

  • Ajanta India Limited
  • Asociated Breweries & Distilleries Pvt. Ltd.
  • Bajaj Consumer Care
  • Balsara Hygiene Products Ltd
  • Beauty Cosmetics (Cavin Care    Limited)
  • Coco Cola India
  • Cormier Textiles Pdts.Inc.(USA)
  • Core HealthCare Ltd
  • Dabur India Ltd
  • D & D International (USA)
  • Elf Lubricants India Ltd
  • Emami Ltd
  • Falcon Exports (Dubai)
  • Fujimori (Japan)
  • Geoffrey Manners & Co. Ltd
  • Gujarat Co-Op. Milk Marketing Federation Ltd.
  • Hatsun Foods
  • Havmor
  • Hindustan Lever Ltd
  • J. L. Morrison (India) Ltd
  • Kodak (India) Ltd
  • Mc Donalds
  • Nectar Ltd. (UK)
  • Nirma Chemical Works Ltd.
  • Oriflame
  • Poly-Pack Ind. Inc. (USA)
  • Procter & Gamble
  • Pure Ice-Cream Co. Ltd.    (U.A.E)
  • Rasna Pvt Ltd
  • Reckitt & Colman India Ltd.
  • Shaw Wallace & Company Ltd
  • S. R. Packaging (S. Africa)
  • The Himalaya Drug Co.
  • United Breweries Ltd.
  • Vadilal
  • Vicco Laboratories
  • Western Railways
  • Zydus Cadilla

Achievements/ recognition

  • It is  an ISO 9001-2000 certified company
Read More Read Less