Speciality Restaurants Ltd - Stock Valuation and Financial Performance

BSE: 534425 | NSE: SPECIALITY | Restaurants | Small Cap

Speciality Restauran Share Price

176 2.70 1.56%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Speciality Restauran

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Speciality Restaurants stock performance -

mw4me loader
P/E Ratio (SA):
10.43
Market Cap:
833.5 Cr.
52-wk low:
168
52-wk high:
287.3

Is Speciality Restaurants Ltd an attractive stock to invest in?

1. Is Speciality Restaurants Ltd a good quality company?

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

2. Is Speciality Restaurants Ltd undervalued or overvalued?

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

3. Is Speciality Restaurants Ltd a good buy now?

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

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.
Speciality Restaurants 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 % 6.3%3.1%-0.4%-7.4%-18.3%-3.7%-18.8%-15.4%15.6%46.2%-
Value Creation
Index
-0.6-0.8-1.0-1.5-2.3-1.3-2.3-2.10.12.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 264299321312297346358150253375390
Sales YoY Gr.-13.5%7.3%-2.8%-5%16.7%3.3%-58%68.5%48.3%-
Adj EPS 42-0.2-4.7-10-1.8-10.9-7.42.619.316.6
YoY Gr.--50.4%-112.1%NANANANANANA635.5%-
BVPS (₹) 64.765.565.659.848.547.135.229.232.352.765.1
Adj Net
Profit
18.89.3-1.2-21.9-46.7-8.4-51.3-34.812.390.580
Cash Flow from Ops. 26.711.126.53.38.816.742.719.953.280.6-
Debt/CF from Ops. 00.100000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4%4.8%1.6%48.3%
Adj EPS 19.1%NANA635.5%
BVPS-2.3%1.7%14.4%63.1%
Share Price 2.2% 12% 59.4% -14.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
6.33.1-0.4-7.4-18.3-3.7-26.4-238.541.728.2
Op. Profit
Mgn %
12.99.85.3-0.40.3415.9-0.516.820.317.6
Net Profit
Mgn %
7.13.1-0.4-7-15.8-2.4-14.3-23.24.924.120.5
Debt to
Equity
0000000000-
Working Cap
Days
1361541451501481201172249871105
Cash Conv.
Cycle
-26-17-26-40-44-44-34-61-43-2962

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 28.20%

Sales growth has been subdued in last 3 years 1.58%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 9.26%

Latest Financials - Speciality Restaurants Ltd.

Standalone Consolidated
TTM EPS (₹) 16.6 17
TTM Sales (₹ Cr.) 390 396
BVPS (₹.) 65.1 64.3
Reserves (₹ Cr.) 265 261
P/BV 2.66 2.70
PE 10.43 10.21
From the Market
52 Week Low / High (₹) 168.00 / 287.25
All Time Low / High (₹) 20.45 / 287.25
Market Cap (₹ Cr.) 834
Equity (₹ Cr.) 48.1
Face Value (₹) 10
Industry PE 93

Management X-Ray of Speciality Restauran:

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 Speciality Restauran

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
Sales264299321312297346358150253375
Operating Expenses 230270304314296332303152211299
Manufacturing Costs31364141414654344959
Material Costs7694106101951091134576114
Employee Cost 61728384768182344673
Other Costs 61687488839753394052
Operating Profit 342917-111455-14276
Operating Profit Margin (%) 12.9%9.7%5.3%-0.4%0.3%4.0%15.4%-1.0%16.6%20.3%
Other Income 108898912171424
Interest 00000021171514
Depreciation 19252833302957322732
Exceptional Items 0000-100-274-18
Profit Before Tax 2512-3-25-31-5-39-291462
Tax 62-3-3221-100-33
Profit After Tax 1990-22-53-6-38-291496
PAT Margin (%) 7.2%3.2%0.1%-7.0%-18.0%-1.8%-10.7%-19.5%5.3%25.5%
Adjusted EPS (₹)4.02.00.1-4.7-11.4-1.4-8.1-6.32.920.4
Dividend Payout Ratio (%)25%50%0%0%0%0%0%0%0%12%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 304308308281228221165137152247
Share Capital 47474747474747474747
Reserves 25726126123418117411890105200
Minority Interest0000000000
Debt1000000000
Long Term Debt1000000000
Short Term Debt0000000000
Trade Payables31253738424134333032
Others Liabilities 554229324451178163160165
Total Liabilities 391375374351315313377333341445

Fixed Assets

Gross Block188225268143154163323337340396
Accumulated Depreciation82106133275381167185204235
Net Fixed Assets10612013511510182156151136160
CWIP 35423533293533292828
Investments 11180717067727275109176
Inventories5677777657
Trade Receivables201545652357
Cash Equivalents 13654582715
Others Assets10110511711799104105615662
Total Assets 391375374351315313377333341445

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 271126391743205381
PBT 2512-3-25-31-5-39-291462
Adjustment 11202131362698343527
Changes in Working Capital -1-1313-13-3-15104-5
Tax Paid -9-7-4-11-1-151-3
Cash Flow From Investing Activity -19-12-21-5-7-14-14-3-33-72
Capex -53-49-37-10-14-15-19-3-2-10
Net Investments 263111243110-29-61
Others 86543-2-60-2-1
Cash Flow From Financing Activity -5-6-6000-36-11-26-5
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1000000000
Interest Paid 0000000000
Dividend Paid -5-5-50000000
Others -1-1-1000-36-11-26-5
Net Cash Flow 3-7-1-113-76-64
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)6.363.090.09-7.42-21-2.83-19.77-19.429.3747.89
ROCE (%)8.323.79-0.94-8.56-12.18-2.36-9.23-8.3619.4535.08
Asset Turnover Ratio0.740.780.860.860.891.11.040.420.750.95
PAT to CFO Conversion(x)1.421.22INFN/AN/AN/AN/AN/A3.790.84
Working Capital Days
Receivable Days2221115764766
Inventory Days57889771686
Payable Days13011010913615314012126915098

Speciality Restaurants Ltd Stock News

Speciality Restaurants Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Speciality Restauran on 28-Mar-2024 16:01 is ₹176.0.
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 Speciality Restauran stood at ₹833.5.
The latest P/E ratio of Speciality Restauran as of 28-Mar-2024 16:01 is 10.43.
The latest P/B ratio of Speciality Restauran as of 28-Mar-2024 16:01 is 2.66.
The 52-week high of Speciality Restauran is ₹287.2 and the 52-week low is ₹168.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Speciality Restauran is ₹389.5 ( Cr.) .

About Speciality Restaurants Ltd

Speciality Restaurants was incorporated as Speciality Restaurants on December 1, 1999 as a private limited company under the Companies Act, 1956. It is a fine dining operator in India, with 69 restaurants and 13 confectionaries as of February 29, 2012, featuring certain well recognized brands in the Indian restaurant industry. The company focuses on providing the guests an affordable fine dining experience with quality food and service in a modern ambience. The company’s restaurants consist of different restaurant concepts and are located across India, particularly in the western region. Its flagship brand is Mainland China which serves Chinese cuisine in a standalone fine dining setting. Chinese cuisine is the most popular foreign cuisine in India according to the India Retail Report 2009. As of February 29, 2012, its Mainland China brand encompassed 36 restaurants across India as well as one in Bangladesh.

The company’s Mainland China restaurants contributed 53.27%, 57.03%, 60.28% and 61.13% to its total revenues from food and beverages in fiscal years 2009, 2010, 2011 and the nine months ended December 31, 2011, respectively. Its other core brand -- Oh! Calcutta -- encompassed seven restaurants across India as well as one in Bangladesh as of February 29, 2012 and features a range of cuisines from the east Indian city of Kolkata, including Bengali, Nawabi, British and Continental cuisines served in a fine dining setting. The company’s other restaurant brands are Sigree, Flame & Grill, Haka, Just Biryani, KIBBEH, Kix, Machaan, Shack, as well as a confectionary brand, Sweet Bengal.

The company’s Founder and Promoter, Anjan Chatterjee, and his spouse, Suchhanda Chatterjee, other Promoter, hold in aggregate, 80.92% of the outstanding equity shares prior to the public offering. Its Founder and Promoter, is also the Managing Director of the company as well as the vice president of the National Restaurants Association of India (“NRAI”). In addition, it has two investors: SAIF, a private equity investor and Glix Securities, a corporate investor. The company increased the number of company owned and operated restaurants from 30 as of March 31, 2008 to 45 as of March 31, 2011 and further to 49 as of February 29, 2012. 

Its major brands include

  • Mainland China
  • Oh! Calcutta
  • Sigree
  • Machaan
  • Sweet Bengal
  • Flame & Grill
  • Kibbbeh
  • Hakka

Awards/ Achievements

  • 2002 Mainland China, Hyderabad won the coveted H & FS award for Best Oriental Restaurant
  • 2003 Mainland China, Kolkata won the coveted The Telegraph Good Food Award 
  • 2003 Oh! Calcutta, Kolkata won the coveted The Telegraph Good Food Award 
  • 2004 Oh! Calcutta, Kolkata won the prestigious Times Good Food Award for Best Bengali Restaurant
  • 2004 Oh! Calcutta, Mumbai won the prestigious Times Good Food Award for Best Bengali Restaurant 
  • 2005 Oh! Calcutta, Mumbai won the prestigious Times Good Food Award for Best Bengali Restaurant
  • 2006 Sigree, Pune won the prestigious Times Good Food Award for best North Indian food.
  • 2006 Mainland China, Pune won the Times Good Food Award for best Chinese Restaurant
  • 2006 Oh! Calcutta, Delhi won the Times Good Food Award for Best Bengali Restautant
  • 2007 Oh! Calcutta, Mumbai won the prestigious Times Good Food Award for Best Bengali Restaurant.
  • 2008 Mainland China won ´The Golden Spoon Award, 2008´ for being ´The Most Admired F&B Retailer of the Year­ Dine in Restaurant of Indian Origin´
  • 2009 Times Good Food Award for the Best Chinese Restaurant 2009 Mainland China , Chennai 
  • 2009 Top Rated Bengali Restaurant by Burrp 2009 Oh! Calcutta Express, Mumbai 
  • 2009 Mainland China, Bangalore won the coveted H & FS award for Best Oriental Restaurant 
  • 2010 BURRP” CERTIFIED to Oh! Calcutta, Delhi
  • 2010 HT CITY CRYSTALS to Oh! Calcutta, Delhi
  • 2010 Times Food Award for Best Bengali Restaurant to Oh! Calcutta, Pune
  • 2010 Burrp! Award for Top Rated Chinese Restaurant to Mainland China, Pune
  • 2010 Times Food Award for Best Chinese Restaurant to Mainland China, Pune
  • 2010 Burrp! Award for Most Popular Casual Dining Restaurant to Sigree, Pune
  • 2010 Times food award for Best North Indian Restaurant to Sigree, Pune 
  • 2010 Times food award for Best Chinese restaurant to Mainland China, Chennai
  • 2010 Times food award for Best Bengali restaurant standalone to OH! Calcutta, Kolkata
  • 2010 Times food award for Best north Indian restaurant standalone to Sigree, Kolkata
  • 2011 Safari India award to Mainland China, Delhi
  • 2011 Times Food Award to Mainland China, Chandigarh
  • 2011 Times Food Award to Oh! Calcutta, Pune
  • 2011 Times Food Awardfor Best Bengali Restaurant to Oh! Calcutta, Pune
  • 2011 Times Food Award for Best Chinese restaurant to Mainland China, Pune
  • 2011 Times Food Award for Best North Indian Restaurant to Sigree, Pune
  • 2011 Times food award for Best Chinese restaurant to Mainland China, Chennai
  • 2011 The Telegraph food guide for Best Bengali restaurant to Oh! Calcutta, Kolkata
  • 2011 Miele food guide award for best 450 restaurants in Asia to Oh! Calcutta, Kolkata
  • 2011 Times food award for Best Bengali restaurant standalone to Oh! Calcutta, Kolkata
  • 2011-2012 THE MIELE GUIDE award to Oh! Calcutta, Delhi
  • 2011-2012 NDTV GOOD TIMES award to Oh! Calcutta, Delhi
  • 2012 Telegraph Food Guide Award 2012 (Mainland China Kolkata - Excellence for Oriental Restaurant)
  • 2012 Telegraph Food Guide Award 2012 (Oh! Calcutta Kolkata - Excellence for Bengali Restaurant)
  • 2012 Telegraph Food Guide Award 2012 (Sigree Kolkata- Excellence for Mughlai Restaurant)
  • 2012 Mainland China won ‘Most Admired Food Retailer of the Year 2012 Dine-In International Cuisine Mainland China’ 
  • 2012 Mainland China won ‘Most Admired Food Service Retail Personality of the Year 2012′ 
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