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SVOGL Oil Gas and Energy Ltd. Stock Analysis

Small Cap
Evaluated by 705 users | BSE: 522175 | NSE: SVOGL |
Oil Exploration
Incorporated in 1989, Shiv-Vani  Oil & Gas Exploration Services,commenced its operations in 1990, providing shot-hole drilling services to ONGC - the largest and most prominent state-owned oil and gas exploration and production company in India. Over the next 10 years, the company has...

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
 Dec'05Dec'06Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15
Return on Capital Employed 8.05%6.17%9.4%9.37%8.68%6.55%7.66%6.18%-7.68%-9.47%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1762053286801,0721,2221,2591,074238126
Y-o-Y Gr. Rt.-16.9%60%107.4%57.5%14%3%-14.7%-77.8%-47.1%
Adjusted EPS (Rs.) 9.048.039.7624.4618.177.9714.327.43-116.98-127.72
Y-o-Y Gr. Rt.--11.2%21.5%150.6%-25.7%-56.1%79.7%-48.1%-1674.4%NA
Book Value per Share (Rs.) 77.2463.96109.2158.11195.84205.89215.22221.39106.59-19.14
Adjusted Net Profit 19.625.742.910784.236.966.434.5-542-592
Net Op. Cash Flow (Rs. Cr.) -29.936.593147180-34749152.6-996-344
Debt to Cash Flow from Ops -14.1212.66.39.349.6-6.664.8752.07-3.27-10.45
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
SVOGL Oil Gas and Energy Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -3.6%-34.8%-53.6%-47.1%
Adjusted EPS -234.2%-247.7%-307.4%NA
Book Value per Share -185.6-162.8-144.6-118
Share Price -39.2% -15.7% - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Dec'05Dec'06Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15
Return on Equity (%) 13.2412.9312.415.3510.093.936.83.4-71.34-222.99
Operating Profit Margin (%) 34.2634.3740.7641.7336.5933.5136.2942.21-81.76-70.87
Net Profit Margin (%) 11.1412.5113.0615.787.863.025.273.21-227.42-469.48
Debt to Equity 2.452.251.221.981.92.422.392.676.6-40.55
Working Capital Days 1693353753522923704615902,7305,041
Cash Conversion Cycle 1021201086812791611781,1272,131
Entity Percentage Holding
Promoters 33.65%
Institutions 41.84%
Non-Institutions 24.51%
Pledged *87.0587.0586.5485.0429.5729.5729.5729.5729.5729.57
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of SVOGL Oil Gas&Energy's performance infers:

SVOGL Oil Gas&Energy earnings have declined by -247.7%, whereas share price has depreciated -15.7% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of SVOGL Oil Gas&Energy share prices over the last 10 years. Here is what we found out:

SVOGL Oil Gas&Energy share price has depreciated -41.4% annually over the past ten years.

Incorporated in 1989, Shiv-Vani  Oil & Gas Exploration Services,commenced its operations in 1990, providing shot-hole drilling services to ONGC - the largest and most prominent state-owned oil and gas exploration and production company in India. Over the next 10 years, the company has gained a position of strength and acquired a large number of shot-hole drilling and workover rigs.

Today, Shiv-Vani owns the largest fleet of onshore rigs in India and has successfully diversified

Incorporated in 1989, Shiv-Vani  Oil & Gas Exploration Services,commenced its operations in 1990, providing shot-hole drilling services to ONGC - the largest and most prominent state-owned oil and gas exploration and production company in India. Over the next 10 years, the company has gained a position of strength and acquired a large number of shot-hole drilling and workover rigs.

Today, Shiv-Vani owns the largest fleet of onshore rigs in India and has successfully diversified into other crucial activity areas such as seismic surveying, gas compression services and offshore drilling & logistics.

Shiv-Vani has rapidly evolved to emerge as a key player in the upstream sector of the hydrocarbon industry. Headquartered in New Delhi, the company offers a wide spectrum of services in the field of oil and natural gas exploration and production. From shot hole drilling and seismic surveying through to directional drilling, well development, downhole operations, engineering and logistics - it specialise in every area of onshore and offshore operations, as well as in natural gas compression & allied services. The company is the only integrated CBM services provider in India and has successfully pioneered horizontal and directional drilling in the country to enhance CBM procurement. Its professional expertise, combined with exclusive know-how and advanced equipment, has enabled its  clients to accomplish their objectives on time and within budget.

Besides its strong presence in India and extensive working relationships with key corporations like ONGC and Oil India, Shiv-Vani is pre-qualified to work for more than 25 oil and gas exploration and production companies at home and abroad. The company is pre-qualified for drilling and workover service contracts in such countries as Oman, Syria, Iraq, Sudan, Qatar and Indonesia and seismic services in several countries like Iran. We are also targeting the western markets such as the USA and the CIS.The company is listed with the Bombay Stock Exchange and the National Stock Exchange of India, and has recently floated foreign currency convertible bonds (FCCBs) listed on the Singapore Stock Exchange. The company has strategic tie-ups and alliances with conglomerates in Russia, USA, China, Malaysia, UAE, Canada and Germany, and the extensive business build-up in the Middle East.

In 2012 Shiv Vani wins an offshore drilling contract from GUPCO and completes acquisition of offshore jack up rig.

Product -

Shiv-Vani offers a wide spectrum of services in the field of oil and natural gas exploration and production. From shot hole drilling and seismic surveying through to directional drilling, well development, downhole operations, engineering and logistics -they specialize in every area of onshore and offshore operations, as well as in natural gas compression & allied services.

Core Services

Seismic Data Acquisition, Processing and Interpretation- conducts high quality 2D and 3D land seismic surveys for the systematic discovery and development of hydrocarbon deposits. Powered by most modern equipment and latest data gathering techniques, our team of experienced geophysicists, surveyors and engineers gather 2D and 3D seismic data which will not only help assess the chances of finding new oil reservoirs but can also determine whether older fields still contain oil and gas.The company is also involved in, Drilling, Workover, Reservoir Data Acquisition and Pipeline Construction.

Specialised Services

Cementing- In collaboration with its global partners, Shiv-Vani offers a wide range of innovative cementing solutions to support well development and minimise environmental impact.

Stimulation- Shiv-Vani, along with its global partners, employs the latest tools and techniques to provide a full range of solutions and services for stimulation.

Other Specilised  services of the company includes Logging, Well Testing, Directional Drilling and Mud Engineering

The  integrated services provided by the company includes, Integrated Seismic Services, Integrated Drilling and Workover Services, Integrated Well Maintenance Services, Integrated Services for Oil & Gas Field and Integrated CBM Services.

Coal Bed Methane -To meet the rapidly growing energy demands, industry leaders now focus on the exploration, extraction and commercial utilisation of coal bed methane. Shiv-Vani, in collaboration with its global business partners, has ventured into this new area of the energy sector and offers a full range of consultation services for CBM prospecting and production.

Gas Compression & Allied Services

  • Natural Gas Compression-- Shiv-Vani has successfully catered to the natural gas industry and set up a large number of gas compressors at various collecting stations to ensure smooth transportation and enhance operational efficiency.
  • Gas Collecting/Group Gathering Stations-- Shiv-Vani has the unsurpassed expertise and unique capability to provide turnkey solutions for setting up large-scale, state-of-the-art gas collecting/group gathering stations.
  • CNG Booster Compressor-- Shiv-Vani has installed a number of booster compressors to ensure uninterrupted and cost-effective CNG distribution. Booster compressors are ideally suited for 'daughter' stations and connect mobile cascades to dispensing systems in order to maintain a high pressure for fast filling operations.

Company’s offshore business-- Shiv-Vani, a leading name in the upstream services segment, owns and operates a fleet of four state-of-the-art offshore vessels (MV Satyam, MV Shivam, MV Sundaram and MV Sachinam) and provides transportation services to the oil & gas industry.

Platforms & Structures-- Shiv-Vani, a premium E&P service provider, has entered a strategic tie-up and currently utilises the partner's yard and fabrication facilities for engineering and maintenance of offshore platforms and structures.

Drilling-- Shiv-Vani has recently expanded its core skills and diversified into the offshore drilling segment. The company is all set to start its new venture and currently is in the process of acquiring two jack-up rigs.

Milestones Achieved

ISO 9001:2000 Certification  -Shiv-Vani has received ISO 9001:2000 certification in 2003 -- a significant achievement which underlines the company's commitment to total quality management. 

IADC Membership  -Shiv-Vani is a member of the International Association of Drilling Contractors (IADC) -- a premier organisation committed to promoting safety, environmental preservation and advancement in drilling technology.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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