SRM Energy Ltd - Stock Valuation and Financial Performance

BSE: 523222 | NSE: | Textile | Small Cap

SRM Energy Share Price

25.88 -0.52 -1.97%
as on 18-Apr'24 16:01

DeciZen - make an informed investing decision on SRM Energy

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SRM Energy stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
23.5 Cr.
52-wk low:
2.6
52-wk high:
39.5

Is SRM Energy Ltd an attractive stock to invest in?

1. Is SRM Energy Ltd a good quality company?

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

2. Is SRM Energy Ltd undervalued or overvalued?

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

3. Is SRM Energy Ltd a good buy now?

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

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.
SRM Energy 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 % -29.4%-49%-46.9%-36.2%-37.4%-34.1%-29%-33%-37.9%-27.8%-
Value Creation
Index
-3.1-4.5NANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00000000000
Sales YoY Gr.-NANANANANANANANANA-
Adj EPS -0.4-0.7-0.6-0.5-0.5-0.5-0.4-0.5-0.5-0.4-0.4
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 0.90.1-0.5-0.9-1.4-1.9-2.3-2.7-3.3-3.7-4
Adj Net
Profit
-0.4-0.6-0.6-0.4-0.4-0.4-0.4-0.4-0.5-0.40
Cash Flow from Ops. -0.3-0.5-0.4-0.3-0.6-0.4-0.5-0.4-0.5-0.4-
Debt/CF from Ops. -1.7-2-3.9-6.5-4.3-7.6-6.9-9.2-8.9-12.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANANA
Adj EPS NANANANA
BVPS-217.3%NANANA
Share Price 19.3% 43.4% 117.9% 327.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-40.5-134.4332.563.340.227.719.418.91811.411.2
Op. Profit
Mgn %
0000000000NAN
Net Profit
Mgn %
0000000000-INF
Debt to
Equity
0.79.6-3.7-2.3-2-1.7-1.6-1.5-1.4-1.4-
Working Cap
Days
00000000000
Cash Conv.
Cycle
00000000000

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 11.20%

Sales growth has been subdued in last 3 years 0.00%

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

Latest Financials - SRM Energy Ltd.

Standalone Consolidated
TTM EPS (₹) -0.4 -1.7
TTM Sales (₹ Cr.) 0 0
BVPS (₹.) -4 -50.7
Reserves (₹ Cr.) -13 -55
P/BV -6.45 -0.51
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 2.63 / 39.54
All Time Low / High (₹) 0.70 / 69.00
Market Cap (₹ Cr.) 23.5
Equity (₹ Cr.) 9.1
Face Value (₹) 10
Industry PE 28.4

Management X-Ray of SRM Energy:

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 SRM Energy

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
Sales0000000000
Operating Expenses 0.400.580.550.440.430.410.450.430.490.36
Manufacturing Costs0000000000
Material Costs0000000000
Employee Cost 0.170.310.280.190.320.210.330.320.380.23
Other Costs 0.230.270.270.250.110.200.110.110.110.13
Operating Profit -0.40-0.58-0.55-0.44-0.43-0.41-0.45-0.43-0.49-0.36
Operating Profit Margin (%) ----------
Other Income 00.0100.03000.09000
Interest 0000000000
Depreciation 0000000000
Exceptional Items 0-0.1100000000
Profit Before Tax -0.40-0.68-0.55-0.41-0.43-0.41-0.36-0.43-0.49-0.36
Tax 0000000000
Profit After Tax -0.40-0.68-0.55-0.41-0.43-0.41-0.36-0.43-0.49-0.36
PAT Margin (%) ----------
Adjusted EPS (₹)-0.4-0.8-0.6-0.5-0.5-0.5-0.4-0.5-0.5-0.4
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 0.790.11-0.44-0.85-1.28-1.69-2.05-2.48-2.97-3.33
Share Capital 9.069.069.069.069.069.069.069.069.069.06
Reserves -8.27-8.95-9.50-9.91-10.34-10.75-11.11-11.54-12.03-12.39
Minority Interest0000000000
Debt0.511.061.631.922.502.883.363.774.264.62
Long Term Debt0000000000
Short Term Debt0.511.061.631.922.502.883.363.774.264.62
Trade Payables00.090.120.050.010.030.020.020.010
Others Liabilities 0.150.120.050.210.100.120.010.020.030.04
Total Liabilities 1.451.371.361.331.331.341.341.331.331.32

Fixed Assets

Gross Block0000000000
Accumulated Depreciation0000000000
Net Fixed Assets0000000000
CWIP 0.11000000000
Investments 1.321.321.321.321.321.321.321.321.321.32
Inventories0000000000
Trade Receivables0000000000
Cash Equivalents 0.020.020.01000000.010
Others Assets0.010.030.0300.010.010.01000
Total Assets 1.451.371.361.331.331.341.341.331.331.32

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.30-0.54-0.42-0.30-0.58-0.38-0.49-0.41-0.48-0.36
PBT -0.40-0.68-0.55-0.41-0.43-0.41-0.36-0.43-0.49-0.36
Adjustment 00.1000000000
Changes in Working Capital 0.110.040.130.11-0.150.03-0.120.020.01-0
Tax Paid 0000000000
Cash Flow From Investing Activity 0000000000
Capex 0000000000
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity 0.270.550.580.290.580.380.480.410.490.35
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0.270.550.580.290.580.380.480.410.490.35
Net Cash Flow -0.030.010.16-0.0100000.01-0.01
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-40.52-151.17N/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)-29.36-55.16N/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0000000000
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days0000000000
Inventory Days0000000000
Payable Days0000000000

SRM Energy Ltd Stock News

SRM Energy Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of SRM Energy on 18-Apr-2024 16:01 is ₹25.88.
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 18-Apr-2024 16:01 the market cap of SRM Energy stood at ₹23.45.
The latest P/E ratio of SRM Energy as of 18-Apr-2024 16:01 is 0.00.
The latest P/B ratio of SRM Energy as of 18-Apr-2024 16:01 is -6.45.
The 52-week high of SRM Energy is ₹39.54 and the 52-week low is ₹2.63.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of SRM Energy is ₹0.00 ( Cr.) .

About SRM Energy Ltd

SRM Energy was incorporated at Bombay on September 3, 1985 and obtained the certificate of commencement of business on February 4, 1986. It was promoted by K K Hitakri and Ved Kapoor of Hitkari group and BM Chaturvedi. The company manufactures non-woven fabrics based on needle punching technology.

The preparatory plant for non-woven fabrics was imported from Heregeth Hollingworth of West Germany.

The registered office of the company is located at 36/37, Mittal Chambers, Nariman Point Mumbai, Maharashtra 400021.

Milestones

2010 - Signing of Tripartite MoU with ICBC and CDTE for financing the project
Issue of LoI to CDTE for 3x660 MW Supercritical Units
2011 - Received Final Environmental Clearance from MoEF
Received Clearance from Railway Authorities for Crossing of Railway lines for laying Coal Conveyors and Sea Water Pipelines
2013 - Received CRZ Clearance
Received clearance from National Highways Authority for crossing highways for laying Coal Conveyors and Sea Water Pipelines

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