Standard Batteries Ltd - Stock Valuation and Financial Performance

BSE: 504180 | NSE: STANDRDBAT | Trading | Small Cap

Standard Batteries Share Price

55.18 -2.90 -4.99%
as on 28-Mar'24 16:01

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Standard Batteries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
30 Cr.
52-wk low:
25.1
52-wk high:
65.8

Is Standard Batteries Ltd an attractive stock to invest in?

1. Is Standard Batteries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Standard Batteries Ltd is a below average quality company.

2. Is Standard Batteries Ltd undervalued or overvalued?

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

3. Is Standard Batteries Ltd a good buy now?

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

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.
Standard Batteries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -30.2%-0.8%0.8%-1%-5.4%16.4%16.2%-5.2%-8.4%-159.2%-
Value Creation
Index
-3.2-1.1-0.9-1.1-1.40.20.2-1.4-1.6-12.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.20.70.20.20.20.50.40000
Sales YoY Gr.-312.5%-74.2%41.2%-25%172.2%-20.4%-100%NANA-
Adj EPS -3.4-0.10.1-0.1-0.51.82.1-0.7-1.1-10.4-10.1
YoY Gr.-NANA-225%NANA18.2%-133.7%NANA-
BVPS (₹) 9.7109.89.79.611.813.913.211.71.30.9
Adj Net
Profit
-1.800-0.1-0.30.91.1-0.4-0.5-5.4-5
Cash Flow from Ops. -1.4-0.8-0.2-0.7-0.2-1-0.5-0.6-0.90-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS NANA-270.9%NA
BVPS-19.8%-32.7%-54.2%-88.7%
Share Price 19.5% 55.8% 6.8% 114%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-30.2-0.90.8-1-5.416.416.2-5.2-8.4-159.3-893.3
Op. Profit
Mgn %
-323.6-80.6-357.8-223.4-500.3-159.5-178.3000NAN
Net Profit
Mgn %
-1094.7-6.523.8-21.2-150.6186.5277.5000-INF
Debt to
Equity
0000000000-
Working Cap
Days
11,0993,57313,7198,21112,8944,7346,3200000
Cash Conv.
Cycle
1872049855226242794930000

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -100.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Standard Batteries Ltd.

Standalone Consolidated
TTM EPS (₹) -10.1 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 0.9 -
Reserves (₹ Cr.) - -
P/BV 63.16 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 25.11 / 65.82
All Time Low / High (₹) 1.30 / 660.00
Market Cap (₹ Cr.) 30
Equity (₹ Cr.) 0.5
Face Value (₹) 1
Industry PE 75.3

Management X-Ray of Standard Batteries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *84.2784.2784.2784.2784.2784.2784.2784.2784.2784.27
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Standard Batteries

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
Sales0.160.660.170.240.180.490.39000
Operating Expenses 0.691.200.770.791.071.271.080.640.545.42
Manufacturing Costs0.030.030.020.010.010.010.010.020.010.01
Material Costs0.150.590.150.230.170.460.37000
Employee Cost 0.010.030.040.150.510.310.360.370.270.27
Other Costs 0.500.550.560.390.380.480.340.260.265.13
Operating Profit -0.52-0.53-0.60-0.54-0.89-0.78-0.69-0.64-0.54-5.42
Operating Profit Margin (%) -323.0%-80.6%-357.0%-223.0%-500.0%-159.0%-178.0%---
Other Income 0.801.020.690.710.721.780.150.120.090.05
Interest 0000000000
Depreciation 0.010.010.010000000
Exceptional Items 000.0500.300.3000-0.300
Profit Before Tax 0.260.470.140.160.121.30-0.54-0.53-0.75-5.37
Tax 2.030.300.210.210.180.18-1.62-0.1600
Profit After Tax -1.770.17-0.07-0.05-0.061.121.08-0.36-0.75-5.37
PAT Margin (%) -1,091.8%25.5%-42.0%-21.2%-32.9%229.5%277.5%---
Adjusted EPS (₹)-3.40.3-0.1-0.1-0.12.22.1-0.7-1.5-10.4
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 4.995.165.095.044.986.107.186.816.060.69
Share Capital 0.520.520.520.520.520.520.520.520.520.52
Reserves 4.484.644.574.524.465.586.666.305.540.17
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables000000.060.1000.020.03
Others Liabilities 2.512.752.984.895.322.382.632.412.412.44
Total Liabilities 7.507.918.079.9310.308.549.909.228.493.15

Fixed Assets

Gross Block0.090.090.090.010.020.020.020.0200
Accumulated Depreciation0.060.070.0800.010.010.010.0100
Net Fixed Assets0.030.020.010.010.0100000
CWIP 0000000000
Investments 0.300.300.160.160.460.760.760.460.460.46
Inventories0000000000
Trade Receivables0.130.610.300.400.210.570.550.450.300
Cash Equivalents 1.540.242.664.042.951.991.501.170.480.53
Others Assets5.496.754.945.326.685.217.097.147.252.16
Total Assets 7.507.918.079.9310.308.549.909.228.493.15

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -1.41-0.80-0.22-0.70-0.23-1.04-0.51-0.61-0.900
PBT 0.260.470.140.160.121.30-0.54-0.53-0.75-5.37
Adjustment -0.77-0.70-0.72-0.70-0.71-1.78-0.15-0.12-0.094.80
Changes in Working Capital 0.22-0.50.43-0.160.43-0.560.12-0.03-0.060.57
Tax Paid -1.12-0.07-0.070-0.0700.060.0600
Cash Flow From Investing Activity 1.310.940.140.650.981.310.220.280.460.41
Capex 00000.5800000
Net Investments 000.190-0.302.580.070.160.230.36
Others 1.310.94-0.050.650.71-1.270.150.120.240.05
Cash Flow From Financing Activity 0000000000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000000000
Net Cash Flow -0.100.15-0.08-0.050.750.27-0.29-0.34-0.440.41
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-30.093.32-1.37-1.02-1.1720.2316.2-5.19-11.68-159.25
ROCE (%)4.59.362.733.142.3923.5-8.16-7.49-11.66-159.22
Asset Turnover Ratio0.020.090.020.030.020.050.04000
PAT to CFO Conversion(x)N/A-4.71N/AN/AN/A-0.93-0.47N/AN/AN/A
Working Capital Days
Receivable Days216204985522624293531000
Inventory Days0000000000
Payable Days000004980000

Standard Batteries Ltd Stock News

Standard Batteries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Standard Batteries on 28-Mar-2024 16:01 is ₹55.18.
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 28-Mar-2024 16:01 the market cap of Standard Batteries stood at ₹30.03.
The latest P/E ratio of Standard Batteries as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Standard Batteries as of 28-Mar-2024 16:01 is 63.16.
The 52-week high of Standard Batteries is ₹65.82 and the 52-week low is ₹25.11.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Standard Batteries is ₹0.00 ( Cr.) .

About Standard Batteries Ltd

Standard Batteries was incorporated on June 20, 1945 at Mumbai. The company's object is to manufacture batteries and allied products and accessories.

Milestones:

1945 - The company was incorporated on June 20, at Mumbai. The company's object is to manufacture batteries and allied products and accessories. 

1969- Oldham & Son (India) was amalgamated with the company with effect from April 1. 

1983 - Exports came down to Rs.2.22 crore due to imbalance of trade between USSR and India. The company concluded a technical collaboration agreement with the Oldham Batteries, Denton, Manchester, UK to manufacture improved types of miners cap lamp batteries, metrhalarm and maintenance free stand-by range of batteries and their components. Collaborations were also on hand for updating the technology of industrial and submarine batteries. 

1984 - Nackiketa Investments became a subsidiary of the company. 

1986 - The company entered into a long-term wage settlement with the workers union at Mumbai, to be effective from February 1, 1988. 

1987- A new contract was signed with Oldham Batteries Ltd for the supply of miners cap lamp. Implementation of the agreement with the Farukawa Battery Co Ltd, Japan, and with Oldhman SA, France for industrial batteries. The company signed a technical collaboration agreement with Hagen Batteries AG of West Germany for technical know-how on copper stretch material (CSM) batteries.

1989 - The company launched during December the second generation Standard Furukawa automotive batteries. The company also introduced upgraded capacity miners cap lamp, developed with technology from Oldham. 

1990 - Sales turnover was lower at Rs.75.05 crore as compared to the previous year, mainly due to Gulf War and mid stream policy changes in value addition norms for rupee exports to Russia, the chief importer of batteries. Its Kanjur factory was being modernised to produce Type-I battery, designed by Hagen for new generation submarines of the Indian Navy. The proposed modernisation programme of the Vakola factory and Guindy, Chennai was kept in abeyance due to the proposed re-location of the Vakola factory at Taloja. 

1991 - In the industrial batteries group, the company introduced state-of-the-art low maintenance longer life batteries for the stationary and traction applications. In the industrial batteries group, new products offering improved performance were introduced. The performance of mineric cap lamp batteries suffered due to low offtake from Coal India Ltd. 

1992 - Turnover declined to Rs.84.48 crore mainly due to the lockout at the Vakola factory for about ten months. In spite of inflation, higher interest cost, recession in the automotive industry and lockout at Vakola factory with effect from April 21 to May 7 (which was lifted on January 27, 1993), sales turnover went up.

1998-99 - The business undertakings consisting of entire battery business of the company were sold to Exide Industries Ltd. with effect from February 16, 1998.

Subsidiary:

• Nackiketa Investments

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