Sreeleathers Ltd - Stock Valuation and Financial Performance

BSE: 535601 | NSE: SREEL | Trading | Small Cap

Sreeleathers Share Price

260.95 1.55 0.60%
as on 05-Nov'24 00:00

DeciZen - make an informed investing decision on Sreeleathers

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Sreeleathers stock performance -

mw4me loader
P/E Ratio (SA):
24.20
Market Cap:
604.2 Cr.
52-wk low:
246.1
52-wk high:
436

Is Sreeleathers Ltd an attractive stock to invest in?

1. Is Sreeleathers Ltd a good quality company?

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

2. Is Sreeleathers Ltd undervalued or overvalued?

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

3. Is Sreeleathers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sreeleathers 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 Sreeleathers:

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.
Sreeleathers 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 7%8.7%9.4%13.4%16.2%12.8%4.9%7.1%9.9%9.4%-
Value Creation
Index
-0.5-0.4-0.30.00.2-0.1-0.7-0.5-0.3-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 66.879.799.614116817383.4122200218217
Sales YoY Gr.-19.4%24.9%41.5%18.9%3.2%-51.8%46.2%63.8%9%-
Adj EPS 2.94.15.18.110.311.44.87.111.111.610.8
YoY Gr.-40.1%25.4%56.9%27.7%11.2%-57.9%48.4%54.9%4.8%-
BVPS (₹) 77.982.491.1101.4115128.7135.4145.6160.6180.3182.3
Adj Net
Profit
7.310.312.920.325.928.811.216.525.626.925
Cash Flow from Ops. -1.28.614.227.815.528.910.916.629.129.5-
Debt/CF from Ops. -2.30.30.200.100000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14%5.4%37.7%9%
Adj EPS 16.6%2.4%34.1%4.8%
BVPS9.8%9.4%10%12.3%
Share Price 0% 9.2% 12.9% 3.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
3.85.15.98.49.59.43.55.17.26.86
Op. Profit
Mgn %
19.219.920.822.822.523.119.519.317.917.316.2
Net Profit
Mgn %
1112.91314.415.416.613.413.612.812.311.5
Debt to
Equity
0000000000-
Working Cap
Days
6163635961486642272421
Cash Conv.
Cycle
232116131211201510710

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 37.70%

Net Profit is growing at healthy rate in last 3 years 34.06%

Return on Equity has declined versus last 3 years average to 5.90%

Sales growth is not so good in last 4 quarters at 6.42%

Latest Financials - Sreeleathers Ltd.

Standalone Consolidated
TTM EPS (₹) 10.8 -
TTM Sales (₹ Cr.) 217 -
BVPS (₹.) 182.3 -
Reserves (₹ Cr.) 399 -
P/BV 1.43 -
PE 24.20 -
From the Market
52 Week Low / High (₹) 246.05 / 435.95
All Time Low / High (₹) 87.10 / 435.95
Market Cap (₹ Cr.) 604
Equity (₹ Cr.) 23.2
Face Value (₹) 10
Industry PE 70.2

Management X-Ray of Sreeleathers:

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

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Analyst's Notes

Key Ratios of Sreeleathers

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales678010014116817383122200218
Operating Expenses 5464791091301336798164180
Manufacturing Costs0000000000
Material Costs4757701001201226089149163
Employee Cost 2222333455
Other Costs 557677451012
Operating Profit 13162132384016243638
Operating Profit Margin (%) 19.2%19.9%20.8%22.8%22.5%23.1%19.5%19.3%17.9%17.3%
Other Income 2312000111
Interest 1000000001
Depreciation 1111111111
Exceptional Items 0000700000
Profit Before Tax 12172133443915233536
Tax 46711131046910
Profit After Tax 8111321312911172627
PAT Margin (%) 12.6%14.2%13.5%15.2%18.5%16.6%13.4%13.6%12.8%12.3%
Adjusted EPS (₹)3.44.55.38.512.411.44.87.111.111.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 196207229255289324314337372418
Share Capital 25252525252523232323
Reserves 171182204230264299291314349394
Minority Interest0000000000
Debt0031100000
Long Term Debt0000000000
Short Term Debt0031100000
Trade Payables2354776688
Others Liabilities 81192719710111414
Total Liabilities 206221246287317339330355394439

Fixed Assets

Gross Block166166159166161161164164165165
Accumulated Depreciation5719101112121414
Net Fixed Assets160159158157151150152152151151
CWIP 0000000000
Investments 29286477130167159182219264
Inventories781011141411131413
Trade Receivables1010010000
Cash Equivalents 5186267557811
Others Assets488161422111
Total Assets 206221246287317339330355394439

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -191428152911172930
PBT 12172133443915233536
Adjustment 0-200-611222
Changes in Working Capital -10-117-9-11-111
Tax Paid -4-6-7-11-13-10-7-7-9-10
Cash Flow From Investing Activity 3-6-16-4-32-3425-16-25-30
Capex 000013000-1-1
Net Investments 3-8-17-4-45-3425-16-24-29
Others 1210000000
Cash Flow From Financing Activity -2000-20-33-1-1-1
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -1000000000
Dividend Paid -1000000000
Others 0000-10-33-1-1-1
Net Cash Flow 02-224-18-5204-1
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)4.415.616.148.8311.429.383.55.087.236.8
ROCE (%)78.719.4413.4216.2412.784.867.069.899.36
Asset Turnover Ratio0.320.370.430.530.560.530.250.360.530.52
PAT to CFO Conversion(x)-0.130.821.081.330.481111.121.11
Working Capital Days
Receivable Days8222112111
Inventory Days30343326273056362523
Payable Days18172116172240251718

Sreeleathers Ltd Stock News

Sreeleathers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sreeleathers on 05-Nov-2024 00:00 is ₹260.9.
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 05-Nov-2024 00:00 the market cap of Sreeleathers stood at ₹604.2.
The latest P/E ratio of Sreeleathers as of 05-Nov-2024 00:00 is 24.20.
The latest P/B ratio of Sreeleathers as of 05-Nov-2024 00:00 is 1.43.
The 52-week high of Sreeleathers is ₹435.9 and the 52-week low is ₹246.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sreeleathers is ₹216.7 ( Cr.) .

About Sreeleathers Ltd

The beginning of the brand Sreeleathers was many decades ago, when Sri Satyabrata Dey came to Calcutta and started a business of selling footwear from a little shop on Lindsay street. At a time when wearing leather footwear was seen as a Luxury, and the retail industry didn’t cater to the middle class population in India: he focused on making good quality leather footwear accessible to everyone.

Sri Satyabrata Dey Nurtured a dream to make durable footwear that could be affordable. This dream came true when Sreeleathers expanded to become a pioneer in Eastern India, gradually landing it an international dimension. The Lindsay street showroom holds record for being the World’s Largest Single brand footwear store. There are 35 Dealer Showroom, apart from its own 5 Showrooms, all over the Country. Although, he values growth in his business endeavours, his patrons, have always been his top priority; and would always protect their interests become authorising a Dealer showroom. Sri Satyabrata dey’s ability to be ambitious and yet true to his founding principles, made Sreeleathers a household name today.

Business area of the company

The company is engaged in the business of dealing in all kinds of footwear and leather accessories. It is also engaged as retailer and wholesaler of footwear and leather articles.

Products

  • Shoes
  • Sandals
  • Chappals
  • Nagra Shoes
  • Belts
  • Wallets
  • Bags
  • Special Boxes
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