Suratwwala Business Group Ltd - Stock Valuation and Financial Performance

BSE: 543218 | NSE: SBGLP | Construction - Real Estate | Small Cap

Suratwwala Business Share Price

102.20 -7.00 -6.41%
as on 19-Apr'24 16:01

DeciZen - make an informed investing decision on Suratwwala Business

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Suratwwala Business Group stock performance -

mw4me loader
P/E Ratio (SA):
83.76
Market Cap:
1,778.4 Cr.
52-wk low:
18.5
52-wk high:
117.6

Is Suratwwala Business Group Ltd an attractive stock to invest in?

1. Is Suratwwala Business Group Ltd a good quality company?

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

2. Is Suratwwala Business Group Ltd undervalued or overvalued?

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

3. Is Suratwwala Business Group Ltd a good buy now?

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

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.
Suratwwala Business Group 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 21.8%22.7%9%7.8%19.5%-26.2%170%-
Value Creation
Index
0.60.6-0.4-0.40.4NA11.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 16.310.8910.812.80.861.861
Sales YoY Gr.--33.6%-17.2%19.8%18.6%-93.8%7,722.8%-
Adj EPS 0.30.30.100.4-0.61.21.2
YoY Gr.-24%-71%-55.6%800%-272.2%NA-
BVPS (₹) 0.711.11.11.6-0.60.62.4
Adj Net
Profit
2.22.70.80.66.2-10.821.221
Cash Flow from Ops. 0.62.4-12.6-11.6-6.89.17.3-
Debt/CF from Ops. 11.41.8-1.3-2.1-3.62.11-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA41.7%79.1%7722.8%
Adj EPS NA31.5%212.4%NA
BVPSNA-8.5%-16.5%NA
Share Price - - 150.5% 439.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3636.38.24.830.2-1274185.480
Op. Profit
Mgn %
26.441.130.932.487.9-456.248.747.4
Net Profit
Mgn %
13.625.38.55.348.6-1355.934.234.6
Debt to
Equity
1.20.51.61.70.9-1.90.6-
Working Cap
Days
09371,4591,5721,72635,963537277
Cash Conv.
Cycle
0587661,00574328,49937522

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 79.14%

Net Profit is growing at healthy rate in last 3 years 212.44%

Sales growth is good in last 4 quarters at 6439.65%

Return on Equity has declined versus last 3 years average to 80.00%

Latest Financials - Suratwwala Business Group Ltd.

Standalone Consolidated
TTM EPS (₹) 1.2 1.2
TTM Sales (₹ Cr.) 61.2 61.6
BVPS (₹.) 2.4 2.4
Reserves (₹ Cr.) 25 25
P/BV 42.47 42.48
PE 83.76 83.95
From the Market
52 Week Low / High (₹) 18.50 / 117.60
All Time Low / High (₹) 1.52 / 117.60
Market Cap (₹ Cr.) 1,778
Equity (₹ Cr.) 17.3
Face Value (₹) 1
Industry PE 78.9

Management X-Ray of Suratwwala Business:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Suratwwala Business

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales161191113162
Operating Expenses 126672432
Manufacturing Costs3140000
Material Costs61-24-2023
Employee Cost 0122212
Other Costs 2422236
Operating Profit 443311-430
Operating Profit Margin (%) 26.4%41.1%30.7%30.7%87.9%-456.0%48.6%
Other Income 0000110
Interest 1013443
Depreciation 0000000
Exceptional Items 0000000
Profit Before Tax 34118-727
Tax 1210246
Profit After Tax 23106-1121
PAT Margin (%) 13.7%25.3%8.5%4.2%48.6%-1,354.3%34.3%
Adjusted EPS (₹)0.30.30.10.00.4-0.61.2
Dividend Payout Ratio (%)0%0%0%0%11%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 69101427-1011
Share Capital 00913171717
Reserves 691110-27-6
Minority Interest0000000
Debt74162424197
Long Term Debt74162418135
Short Term Debt0000662
Trade Payables1141228
Others Liabilities 14171515217872
Total Liabilities 28314454748998

Fixed Assets

Gross Block1122223
Accumulated Depreciation1111112
Net Fixed Assets0111011
CWIP 0000000
Investments 1022211
Inventories13192632437177
Trade Receivables00461011
Cash Equivalents 0001111
Others Assets13101213171518
Total Assets 28314454748998

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 12-13-12-797
PBT 34118-727
Adjustment 1000031
Changes in Working Capital -3-1-14-12-1313-17
Tax Paid -1-200-20-4
Cash Flow From Investing Activity 310000-1
Capex 0000000
Net Investments 310000-1
Others 0000000
Cash Flow From Financing Activity -4-413127-9-6
Net Proceeds from Shares 0004700
Net Proceeds from Borrowing -3-31280-4-8
Interest Paid -10-100-3-2
Dividend Paid 00000-10
Others 00200-13
Net Cash Flow 0000000
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)35.9936.318.183.8430.22N/A4193.83
ROCE (%)32.5835.1513.9910.226.04N/A222.52
Asset Turnover Ratio0.580.370.240.220.20.010.66
PAT to CFO Conversion(x)0.50.67-13N/A-1.17N/A0.33
Working Capital Days
Receivable Days001661662312,5804
Inventory Days2905429189781,0660436
Payable Days56391-511243-221077

Suratwwala Business Group Ltd Stock News

Suratwwala Business Group Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Suratwwala Business on 19-Apr-2024 16:01 is ₹102.2.
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 19-Apr-2024 16:01 the market cap of Suratwwala Business stood at ₹1,778.4.
The latest P/E ratio of Suratwwala Business as of 19-Apr-2024 16:01 is 83.76.
The latest P/B ratio of Suratwwala Business as of 19-Apr-2024 16:01 is 42.47.
The 52-week high of Suratwwala Business is ₹117.6 and the 52-week low is ₹18.50.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Suratwwala Business is ₹61.16 ( Cr.) .

About Suratwwala Business Group Ltd

The company was originally incorporated as ‘Suratwala Housing Private Limited’ under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated January 31, 2008 issued by the Registrar of Companies, Maharashtra, Pune. Thereafter, the name of the company was changed to ‘Suratwwala Business Group Private Limited’ and a fresh certificate of incorporation consequent upon change of name dated May 15, 2019 was issued by the Registrar of Companies, Maharashtra, Pune. Subsequently, the company was converted into a public limited company pursuant to a Shareholders' Resolution passed at the Extra-Ordinary General meeting of the company held on July 29, 2019 and the name of the company was changed to ‘Suratwwala Business Group Limited’ vide a fresh certificate of incorporation dated November 21, 2019 issued by the Registrar of Companies, Maharashtra, Pune.

Business area of the Company

The company is a real estate development company primarily focusing on development of residential and commercial projects in the Pune district. Its business activities comprise of development and sale of residential as well as commercial properties (the Development Business) and the maintenance of the properties developed by it (the Maintenance Business). Apart from the development and maintenance business, it also focus on providing the space on rent such as renting for mobile tower, hoardings and banners on building or renting of the unsold space for short durations.

The company’s Development Business spans all activities related to real estate development, which begins from the identification and acquisition of land till through the planning, execution and sales of its developed projects. It uses its knowledge, experience and information from internal and external sources in making decision relating to land acquisition, development and lease/sales decisions. It emphasizes more on quality design and quality construction and work with different domestic architects and contractors in order to ascertain the best possible design and amenities which can be provided to the customers.

Major Events and milestones:

  • 2008: Incorporation of company as ‘Suratwala Housing Private Limited’ under the Companies Act, 1956.
  • 2008: Marked the beginning of Real-estate operations in Pune district by commencing construction of residential project ‘Suratwala Sweet 16’ at Baner, Pune.
  • 2010: Completion of the residential project ‘Suratwala Sweet 16’ at Baner.
  • 2012: The company was awarded with a Certificate for the project ‘Suratwala’s Sweet 16’ for being among the top three nominated projects under the category Residential-Apartment-Low Cost- Non-Metro at the CREDAI Real Estate Awards 2012.
  • 2015: Started Construction of commercial building ‘Suratwala Mark Plazzo Phase I’ at village Hinjewadi, near Rajiv Gandhi IT Park, Pune.
  • 2016: Successfully completed first commercial project ‘Suratwala Mark Plazzo Phase I’.
  • 2019: Awarded with a ‘Certificate of Membership’ under the authority of ‘CREDAI’ Association.
  • 2019: Change in the name of Company from ‘Suratwala Housing Private Limited’ to ‘Suratwwala Business Group Private Limited’.
  • 2019: Conversion of company from private to public i.e. from ‘Suratwwala Business Group Private Limited’ to ‘Suratwwala Business Group Limited’.
  • 2019: Launching commercial project ‘Suratwala Mark Plazzo Phase II’ at Hinjewadi.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.