Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Sagardeep Alloys Ltd

About the Company - Sagardeep Alloys Ltd

Sagardeep Alloys Ltd. is a Public Limited Listed company incorporated on 03/02/2007 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L29253GJ2007PLC050007 and registration number is 050007. Currently company belongs to the Industry of Metals - Non Ferrous - Copper/Copper Alloys - Prod. Company’s Total Operating Revenue is Rs. 90.68 Cr. and Equity Capital is Rs. 17.06 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Metals - Non Ferrous - Copper/Copper Alloys - ProdPlot no. 2070, Rajnagar Patia, Santej Khatraj Road, Gandhinagar Gujarat 382721investors@sdalloys.com
http://www.sdalloys.com
Management
NamePosition Held
Mr. Satishkumar Asamal MehtaChairman & Managing Director
Mr. Jayeshkumar Ashmal MehtaWhole Time Director
Mr. Hemendra Bhailal PatelNon Independent Director
Mrs. Vinita Pankaj MaheshwariIndependent Director
Mr. Manan Girishbhai GajjarIndependent Director
Mr. Amit R PachoriIndependent Director

Sagardeep Alloys Ltd. Share Price Update

Share PriceValue
Today₹28.40
Previous Day₹29.10

Basic Stock Data of Sagardeep Alloys Ltd

Market Cap 49.3 Cr.
Current Price 28.9
High / Low40.4/17.8
Stock P/E117
Book Value 16.3
Dividend Yield0.00 %
ROCE5.66 %
ROE3.42 %
Face Value 10.0

Data Source: screener.in

Competitors of Sagardeep Alloys Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Rajnandini Metal Ltd 373 Cr. 13.521.4/8.1020.4 1.900.49 %29.2 %38.5 % 1.00
Precision Wires India Ltd 2,543 Cr. 142156/59.439.8 26.70.60 %26.8 %14.6 % 1.00
Industry Average1,458.00 Cr77.7530.1014.300.55%28.00%26.55%1.00

Sagardeep Alloys Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales18.2519.7521.2615.6124.8228.2721.9730.0219.0916.4821.4817.6626.80
Expenses18.5419.1319.8815.0724.2427.6521.3429.4018.6916.0921.4017.2226.39
Operating Profit-0.290.621.380.540.580.620.630.620.400.390.080.440.41
OPM %-1.59%3.14%6.49%3.46%2.34%2.19%2.87%2.07%2.10%2.37%0.37%2.49%1.53%
Other Income0.11-0.020.120.060.080.060.090.050.150.240.140.190.25
Interest0.200.230.220.190.330.260.270.160.040.180.190.220.30
Depreciation0.110.120.190.110.270.200.210.190.190.200.160.150.15
Profit before tax-0.490.251.090.300.060.220.240.320.320.25-0.130.260.21
Tax %0.00%-12.00%-0.92%26.67%0.00%27.27%66.67%34.38%21.88%36.00%38.46%53.85%-14.29%
Net Profit-0.490.291.100.220.050.160.080.210.250.17-0.080.120.23
EPS in Rs-0.290.170.640.130.030.090.050.120.150.10-0.050.070.13

Sagardeep Alloys Ltd Quarterly Chart

Sagardeep Alloys Ltd Profit & Loss

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales132.46142.1581.8662.4051.0933.8065.4890.6887.0882.42
Expenses128.76139.0079.5260.5848.0132.7864.4388.2084.8981.10
Operating Profit3.703.152.341.823.081.021.052.482.191.32
OPM %2.79%2.22%2.86%2.92%6.03%3.02%1.60%2.73%2.51%1.60%
Other Income0.100.130.210.200.670.670.380.17-0.130.82
Interest2.601.951.580.881.010.960.821.050.560.89
Depreciation0.360.430.410.410.420.440.520.790.730.66
Profit before tax0.840.900.560.732.320.290.090.810.770.59
Tax %14.29%51.11%39.29%35.62%27.16%24.14%-66.67%37.04%28.57%
Net Profit0.730.440.340.471.690.230.140.510.550.44
EPS in Rs0.580.350.200.270.990.130.080.300.320.25
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Sagardeep Alloys Ltd Profit & Loss Yearly Chart

Sagardeep Alloys Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:7%
3 Years:37%
TTM:5%
Compounded Profit Growth
10 Years:%
5 Years:13%
3 Years:58%
TTM:-41%
Stock Price CAGR
10 Years:%
5 Years:-13%
3 Years:-12%
1 Year:25%
Return on Equity
10 Years:%
5 Years:3%
3 Years:2%
Last Year:3%

Sagardeep Alloys Ltd Balance Sheet

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital7.747.7410.7410.7410.7410.7416.4216.4216.4216.42
Reserves8.979.2812.4912.9614.6514.879.349.8910.4511.41
Borrowings16.6913.4811.3711.0210.6710.056.7113.036.1722.77
Other Liabilities9.1522.9923.1210.019.984.646.425.122.101.96
Total Liabilities42.5553.4957.7244.7346.0440.3038.8944.4635.1452.56
Fixed Assets6.236.826.456.066.075.6511.5510.8110.3210.02
CWIP4.553.934.144.028.669.675.305.575.575.57
Investments0.000.000.000.000.000.000.000.000.003.11
Other Assets31.7742.7447.1334.6531.3124.9822.0428.0819.2533.86
Total Assets42.5553.4957.7244.7346.0440.3038.8944.4635.1452.56

Sagardeep Alloys Ltd Reserves and Borrowings Chart

Sagardeep Alloys Ltd Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 12.993.251.693.397.881.393.44-2.482.59
Cash from Investing Activity -10.232.20-3.54-2.59-6.600.180.602.17-0.14
Cash from Financing Activity -3.05-5.172.16-1.34-1.30-1.55-4.175.27-7.42
Net Cash Flow-0.290.280.31-0.53-0.020.02-0.134.96-4.97

Sagardeep Alloys Ltd Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days63.2791.21163.55122.60108.3878.6245.2146.0537.22
Inventory Days8.3110.0315.0935.0850.17106.5552.5931.2227.02
Days Payable24.5148.62107.2058.7445.3121.3127.5914.823.32
Cash Conversion Cycle47.0752.6171.4498.94113.23163.8670.2062.4460.92
Working Capital Days60.9549.35103.98143.37152.10220.9488.3073.7872.64
ROCE %8.92%6.57%4.76%9.41%3.49%2.67%5.51%5.66%

Sagardeep Alloys Ltd Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

Sagardeep Alloys Ltd ROCE Trend

Sagardeep Alloys Ltd EPS Trend

Sagardeep Alloys Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.320.300.080.211.57
Diluted EPS (Rs.)0.320.300.080.211.57
Cash EPS (Rs.)0.780.790.400.621.97
Book Value[Excl.RevalReserv]/Share (Rs.)16.3616.0215.6923.8523.64
Book Value[Incl.RevalReserv]/Share (Rs.)16.3616.0215.6923.8523.64
Revenue From Operations / Share (Rs.)53.0255.2139.8731.4847.58
PBDIT / Share (Rs.)1.261.620.861.583.49
PBIT / Share (Rs.)0.811.140.541.173.10
PBT / Share (Rs.)0.470.490.050.272.16
Net Profit / Share (Rs.)0.330.310.080.211.57
NP After MI And SOA / Share (Rs.)0.330.310.080.211.57
PBDIT Margin (%)2.362.932.175.027.33
PBIT Margin (%)1.532.061.373.726.50
PBT Margin (%)0.880.890.120.874.53
Net Profit Margin (%)0.630.560.210.673.30
NP After MI And SOA Margin (%)0.630.560.210.673.30
Return on Networth / Equity (%)2.041.950.550.896.65
Return on Capital Employeed (%)4.646.333.164.7912.30
Return On Assets (%)1.561.150.360.563.66
Long Term Debt / Equity (X)0.040.090.080.000.04
Total Debt / Equity (X)0.220.490.260.390.41
Asset Turnover Ratio (%)2.192.161.640.771.18
Current Ratio (X)2.941.872.101.761.62
Quick Ratio (X)2.021.391.261.151.30
Inventory Turnover Ratio (X)11.829.875.824.057.03
Interest Coverage Ratio (X)3.692.521.741.763.72
Interest Coverage Ratio (Post Tax) (X)1.981.491.181.242.67
Enterprise Value (Cr.)39.0470.3459.7070.0074.79
EV / Net Operating Revenue (X)0.440.770.912.071.46
EV / EBITDA (X)18.9226.4641.9141.2219.96
MarketCap / Net Operating Revenue (X)0.380.680.811.781.26
Price / BV (X)1.232.382.062.352.53
Price / Net Operating Revenue (X)0.380.680.811.781.26
EarningsYield0.010.010.000.000.02

Sagardeep Alloys Ltd Profitability Ratios (%)

Sagardeep Alloys Ltd Liquidity Ratios

Sagardeep Alloys Ltd Liquidity Ratios (%)

Sagardeep Alloys Ltd Interest Coverage Ratios (X)

Sagardeep Alloys Ltd Valuation Ratios

Fair Value / Intrinsic Value of Sagardeep Alloys Ltd

Fair Value: ₹66.53

The stock is undervalued by 130.20% compared to the current price ₹28.9

*Investments are subject to market risks

Strength and Weakness of Sagardeep Alloys Ltd

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 1.35 and average Dividend Yield of 3.04%.
  2. The company has shown consistent growth in sales (82.94 cr) and profit (0.79 cr) over the years.
  1. The stock has a low average ROCE of 5.22%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 107.27, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 82.30, which may not be favorable.
  4. The company has higher borrowings (12.20) compared to reserves (11.43), which may suggest financial risk.

Should I Buy Sagardeep Alloys Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Sagardeep Alloys Ltd:
    1. Net Profit Margin: 0.63%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 4.64% (Industry Average ROCE: 28%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 1.98
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 2.02
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 122 (Industry average Stock P/E: 28.75)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.22
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Sagardeep Alloys Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE