Sandesh Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 25, 2025, 8:03 pm

Market Cap	871 Cr.
Current Price	1,150
High / Low	2,058/1,000
Stock P/E	11.3
Book Value	1,783
Dividend Yield	0.43 %
ROCE	7.57 %
ROE	5.91 %
Face Value	10.0
PEG Ratio	-4.02

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Sandesh Ltd

Competitors of Sandesh Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
H T Media Ltd	468 Cr.	20.1	30.0/14.5	174	71.6	0.00 %	3.10 %	0.16 %	2.00
Gala Global Products Ltd	16.7 Cr.	3.06	4.25/2.80		6.97	0.00 %	2.28 %	13.0 %	5.00
DB Corp Ltd	4,908 Cr.	275	405/189	13.2	125	4.72 %	21.0 %	16.7 %	10.0
Vasa Retail and Overseas Ltd (VASA)	2.37 Cr.	3.95	8.55/3.50		29.8	0.00 %	2.13 %	%	10.0
Sandesh Ltd	871 Cr.	1,150	2,058/1,000	11.3	1,783	0.43 %	7.57 %	5.91 %	10.0
Industry Average	1,613.80 Cr	368.30		90.92	209.02	1.14%	8.30%	8.72%	6.15

All Competitor Stocks of Sandesh Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	104.01	82.02	81.09	98.99	77.12	71.99	72.00	90.67	85.54	68.21	69.95	78.82	75.36
Expenses	89.82	66.42	57.28	64.96	69.58	55.71	57.48	65.16	60.01	52.62	54.29	120.18	62.86
Operating Profit	14.19	15.60	23.81	34.03	7.54	16.28	14.52	25.51	25.53	15.59	15.66	-41.36	12.50
OPM %	13.64%	19.02%	29.36%	34.38%	9.78%	22.61%	20.17%	28.13%	29.85%	22.86%	22.39%	-52.47%	16.59%
Other Income	24.85	5.28	33.70	12.37	7.66	28.98	20.98	49.48	66.35	50.30	47.45	2.60	3.68
Interest	0.05	0.04	0.04	0.04	0.03	0.04	0.04	0.06	0.11	0.04	0.04	0.10	0.02
Depreciation	1.41	1.32	1.37	1.45	1.58	1.54	1.60	1.65	1.71	1.68	1.75	1.60	2.20
Profit before tax	37.58	19.52	56.10	44.91	13.59	43.68	33.86	73.28	90.06	64.17	61.32	-40.46	13.96
Tax %	22.22%	30.89%	21.41%	26.23%	16.78%	24.13%	23.39%	21.26%	20.14%	21.32%	37.88%	-48.32%	29.87%
Net Profit	29.22	13.49	44.09	33.13	11.31	33.13	25.94	57.70	71.92	50.49	38.09	-20.90	9.78
EPS in Rs	38.60	17.82	58.25	43.77	14.94	43.77	34.27	76.23	95.01	66.70	50.32	-27.61	12.92

Last Updated: May 31, 2025, 7:32 am

Below is a detailed analysis of the quarterly data for Sandesh Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 75.36 Cr.. The value appears to be declining and may need further review. It has decreased from 78.82 Cr. (Dec 2024) to 75.36 Cr., marking a decrease of 3.46 Cr..
For Expenses, as of Mar 2025, the value is 62.86 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 120.18 Cr. (Dec 2024) to 62.86 Cr., marking a decrease of 57.32 Cr..
For Operating Profit, as of Mar 2025, the value is 12.50 Cr.. The value appears strong and on an upward trend. It has increased from -41.36 Cr. (Dec 2024) to 12.50 Cr., marking an increase of 53.86 Cr..
For OPM %, as of Mar 2025, the value is 16.59%. The value appears strong and on an upward trend. It has increased from -52.47% (Dec 2024) to 16.59%, marking an increase of 69.06%.
For Other Income, as of Mar 2025, the value is 3.68 Cr.. The value appears strong and on an upward trend. It has increased from 2.60 Cr. (Dec 2024) to 3.68 Cr., marking an increase of 1.08 Cr..
For Interest, as of Mar 2025, the value is 0.02 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.10 Cr. (Dec 2024) to 0.02 Cr., marking a decrease of 0.08 Cr..
For Depreciation, as of Mar 2025, the value is 2.20 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.60 Cr. (Dec 2024) to 2.20 Cr., marking an increase of 0.60 Cr..
For Profit before tax, as of Mar 2025, the value is 13.96 Cr.. The value appears strong and on an upward trend. It has increased from -40.46 Cr. (Dec 2024) to 13.96 Cr., marking an increase of 54.42 Cr..
For Tax %, as of Mar 2025, the value is 29.87%. The value appears to be increasing, which may not be favorable. It has increased from -48.32% (Dec 2024) to 29.87%, marking an increase of 78.19%.
For Net Profit, as of Mar 2025, the value is 9.78 Cr.. The value appears strong and on an upward trend. It has increased from -20.90 Cr. (Dec 2024) to 9.78 Cr., marking an increase of 30.68 Cr..
For EPS in Rs, as of Mar 2025, the value is 12.92. The value appears strong and on an upward trend. It has increased from -27.61 (Dec 2024) to 12.92, marking an increase of 40.53.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 3:45 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	313	345	374	354	375	417	341	272	307	339	320	292
Expenses	230	248	246	248	257	330	271	197	231	244	238	223
Operating Profit	83	97	128	106	118	87	70	75	76	96	82	69
OPM %	26%	28%	34%	30%	31%	21%	20%	28%	25%	28%	26%	24%
Other Income	1	1	4	14	14	20	12	49	48	44	166	38
Interest	8	4	2	1	0	0	0	0	0	0	0	0
Depreciation	8	8	8	8	9	9	8	7	6	6	6	7
Profit before tax	68	86	123	111	123	97	74	116	118	134	241	99
Tax %	33%	34%	35%	36%	35%	35%	21%	23%	24%	24%	22%	22%
Net Profit	46	57	80	71	80	63	58	89	90	102	189	77
EPS in Rs	60.52	75.36	105.24	93.65	105.32	83.38	77.10	117.99	118.32	134.78	249.28	102.33
Dividend Payout %	7%	5%	5%	5%	5%	6%	6%	4%	4%	4%	2%	5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	23.91%	40.35%	-11.25%	12.68%	-21.25%	-7.94%	53.45%	1.12%	13.33%	85.29%	-59.26%
Change in YoY Net Profit Growth (%)	0.00%	16.44%	-51.60%	23.93%	-33.93%	13.31%	61.38%	-52.32%	12.21%	71.96%	-144.55%

Sandesh Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-2%
5 Years:	-3%
3 Years:	-2%
TTM:	-9%

Compounded Profit Growth
10 Years:	3%
5 Years:	6%
3 Years:	1%
TTM:	-59%

Stock Price CAGR
10 Years:	8%
5 Years:	18%
3 Years:	19%
1 Year:	-25%

Return on Equity
10 Years:	10%
5 Years:	10%
3 Years:	11%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:12 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	8	8	8	8	8	8	8	8	8	8	8	8
Reserves	393	447	563	582	657	716	770	877	939	1,044	1,250	1,342
Borrowings	56	10	14	2	0	0	0	0	0	0	0	0
Other Liabilities	90	84	118	95	87	69	55	75	63	62	87	88
Total Liabilities	547	549	702	686	752	793	832	960	1,010	1,113	1,345	1,438
Fixed Assets	68	71	73	126	138	132	128	120	110	111	110	106
CWIP	0	1	0	11	0	0	0	0	0	0	1	0
Investments	159	171	393	285	387	497	419	508	508	662	974	1,133
Other Assets	319	307	236	264	227	163	285	331	392	339	260	198
Total Assets	547	549	702	686	752	793	832	960	1,010	1,113	1,345	1,438

Below is a detailed analysis of the balance sheet data for Sandesh Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 8.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 8.00 Cr..
For Reserves, as of Mar 2025, the value is 1,342.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,250.00 Cr. (Mar 2024) to 1,342.00 Cr., marking an increase of 92.00 Cr..
For Borrowings, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 88.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 87.00 Cr. (Mar 2024) to 88.00 Cr., marking an increase of 1.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 1,438.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,345.00 Cr. (Mar 2024) to 1,438.00 Cr., marking an increase of 93.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 106.00 Cr.. The value appears to be declining and may need further review. It has decreased from 110.00 Cr. (Mar 2024) to 106.00 Cr., marking a decrease of 4.00 Cr..
For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 1.00 Cr..
For Investments, as of Mar 2025, the value is 1,133.00 Cr.. The value appears strong and on an upward trend. It has increased from 974.00 Cr. (Mar 2024) to 1,133.00 Cr., marking an increase of 159.00 Cr..
For Other Assets, as of Mar 2025, the value is 198.00 Cr.. The value appears to be declining and may need further review. It has decreased from 260.00 Cr. (Mar 2024) to 198.00 Cr., marking a decrease of 62.00 Cr..
For Total Assets, as of Mar 2025, the value is 1,438.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,345.00 Cr. (Mar 2024) to 1,438.00 Cr., marking an increase of 93.00 Cr..

Notably, the Reserves (1,342.00 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	28	55	97	96	80	48	-90	48	22	84	154	68
Cash from Investing Activity +	-2	-22	-39	-31	-112	-102	86	-40	33	-106	-131	-109
Cash from Financing Activity +	-15	-50	-4	-17	-6	-5	-5	-4	-4	-4	-4	-2
Net Cash Flow	11	-17	55	49	-38	-58	-10	4	51	-26	20	-43

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	27.00	87.00	114.00	104.00	118.00	87.00	70.00	75.00	76.00	96.00	82.00	69.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	60	60	60	62	68	69	64	72	68	50	43	54
Inventory Days	71	87	158	68	128	128	48	66	125	132	47	61
Days Payable	22	36	18	37	37	50	24	18	87	27	27	33
Cash Conversion Cycle	108	111	200	92	158	146	89	120	106	155	64	83
Working Capital Days	153	103	110	16	50	56	59	217	138	145	98	121
ROCE %	18%	17%	19%	24%	19%	20%	14%	10%	14%	11%	13%	21%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	74.81%	74.81%	74.81%	74.81%	74.81%	74.81%	74.81%	74.81%	74.81%	74.81%	74.81%	74.81%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.05%	0.16%	0.15%
Public	25.18%	25.18%	25.19%	25.19%	25.18%	25.20%	25.19%	25.19%	25.17%	25.14%	25.02%	25.04%
No. of Shareholders	5,531	5,656	5,562	5,584	6,135	5,966	5,934	5,629	6,443	6,343	6,951	7,286

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	101.89	249.14	133.98	118.67	118.88
Diluted EPS (Rs.)	101.89	249.14	133.98	118.67	118.88
Cash EPS (Rs.)	111.56	257.90	141.74	127.16	128.04
Book Value[Excl.RevalReserv]/Share (Rs.)	1787.59	1667.03	1393.79	1256.04	1173.81
Book Value[Incl.RevalReserv]/Share (Rs.)	1787.59	1667.03	1393.79	1256.04	1173.81
Revenue From Operations / Share (Rs.)	388.65	425.51	450.18	408.01	361.61
PBDIT / Share (Rs.)	139.69	327.03	181.79	161.81	162.63
PBIT / Share (Rs.)	130.02	318.27	174.03	153.32	153.47
PBT / Share (Rs.)	130.38	318.10	176.42	156.10	154.88
Net Profit / Share (Rs.)	101.89	249.14	133.98	118.67	118.88
NP After MI And SOA / Share (Rs.)	101.89	249.14	133.98	118.67	118.88
PBDIT Margin (%)	35.94	76.85	40.38	39.65	44.97
PBIT Margin (%)	33.45	74.79	38.65	37.57	42.44
PBT Margin (%)	33.54	74.75	39.18	38.25	42.83
Net Profit Margin (%)	26.21	58.55	29.76	29.08	32.87
NP After MI And SOA Margin (%)	26.21	58.55	29.76	29.08	32.87
Return on Networth / Equity (%)	5.69	14.94	9.61	9.44	10.12
Return on Capital Employeed (%)	7.07	18.55	12.39	12.16	12.98
Return On Assets (%)	5.34	13.97	9.07	8.85	9.33
Asset Turnover Ratio (%)	0.21	0.26	0.31	0.31	0.30
Current Ratio (X)	19.38	17.58	10.61	7.96	6.86
Quick Ratio (X)	18.81	17.22	10.28	7.25	6.40
Inventory Turnover Ratio (X)	4.06	6.08	4.31	2.33	2.52
Dividend Payout Ratio (NP) (%)	0.00	2.00	3.73	4.21	5.07
Dividend Payout Ratio (CP) (%)	0.00	1.93	3.52	3.93	4.70
Earning Retention Ratio (%)	0.00	98.00	96.27	95.79	94.93
Cash Earning Retention Ratio (%)	0.00	98.07	96.48	96.07	95.30
Interest Coverage Ratio (X)	519.33	964.33	919.84	611.79	267.04
Interest Coverage Ratio (Post Tax) (X)	377.46	735.16	665.81	438.18	192.88
Enterprise Value (Cr.)	790.63	823.08	677.64	423.85	469.39
EV / Net Operating Revenue (X)	2.69	2.56	1.99	1.37	1.71
EV / EBITDA (X)	7.48	3.32	4.92	3.46	3.81
MarketCap / Net Operating Revenue (X)	2.80	2.76	2.14	1.60	1.78
Retention Ratios (%)	0.00	97.99	96.26	95.78	94.92
Price / BV (X)	0.60	0.70	0.68	0.51	0.54
Price / Net Operating Revenue (X)	2.80	2.76	2.14	1.60	1.78
EarningsYield	0.09	0.21	0.13	0.18	0.18

After reviewing the key financial ratios for Sandesh Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 101.89. This value is within the healthy range. It has decreased from 249.14 (Mar 24) to 101.89, marking a decrease of 147.25.
For Diluted EPS (Rs.), as of Mar 25, the value is 101.89. This value is within the healthy range. It has decreased from 249.14 (Mar 24) to 101.89, marking a decrease of 147.25.
For Cash EPS (Rs.), as of Mar 25, the value is 111.56. This value is within the healthy range. It has decreased from 257.90 (Mar 24) to 111.56, marking a decrease of 146.34.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,787.59. It has increased from 1,667.03 (Mar 24) to 1,787.59, marking an increase of 120.56.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,787.59. It has increased from 1,667.03 (Mar 24) to 1,787.59, marking an increase of 120.56.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 388.65. It has decreased from 425.51 (Mar 24) to 388.65, marking a decrease of 36.86.
For PBDIT / Share (Rs.), as of Mar 25, the value is 139.69. This value is within the healthy range. It has decreased from 327.03 (Mar 24) to 139.69, marking a decrease of 187.34.
For PBIT / Share (Rs.), as of Mar 25, the value is 130.02. This value is within the healthy range. It has decreased from 318.27 (Mar 24) to 130.02, marking a decrease of 188.25.
For PBT / Share (Rs.), as of Mar 25, the value is 130.38. This value is within the healthy range. It has decreased from 318.10 (Mar 24) to 130.38, marking a decrease of 187.72.
For Net Profit / Share (Rs.), as of Mar 25, the value is 101.89. This value is within the healthy range. It has decreased from 249.14 (Mar 24) to 101.89, marking a decrease of 147.25.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 101.89. This value is within the healthy range. It has decreased from 249.14 (Mar 24) to 101.89, marking a decrease of 147.25.
For PBDIT Margin (%), as of Mar 25, the value is 35.94. This value is within the healthy range. It has decreased from 76.85 (Mar 24) to 35.94, marking a decrease of 40.91.
For PBIT Margin (%), as of Mar 25, the value is 33.45. This value exceeds the healthy maximum of 20. It has decreased from 74.79 (Mar 24) to 33.45, marking a decrease of 41.34.
For PBT Margin (%), as of Mar 25, the value is 33.54. This value is within the healthy range. It has decreased from 74.75 (Mar 24) to 33.54, marking a decrease of 41.21.
For Net Profit Margin (%), as of Mar 25, the value is 26.21. This value exceeds the healthy maximum of 10. It has decreased from 58.55 (Mar 24) to 26.21, marking a decrease of 32.34.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 26.21. This value exceeds the healthy maximum of 20. It has decreased from 58.55 (Mar 24) to 26.21, marking a decrease of 32.34.
For Return on Networth / Equity (%), as of Mar 25, the value is 5.69. This value is below the healthy minimum of 15. It has decreased from 14.94 (Mar 24) to 5.69, marking a decrease of 9.25.
For Return on Capital Employeed (%), as of Mar 25, the value is 7.07. This value is below the healthy minimum of 10. It has decreased from 18.55 (Mar 24) to 7.07, marking a decrease of 11.48.
For Return On Assets (%), as of Mar 25, the value is 5.34. This value is within the healthy range. It has decreased from 13.97 (Mar 24) to 5.34, marking a decrease of 8.63.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.21. It has decreased from 0.26 (Mar 24) to 0.21, marking a decrease of 0.05.
For Current Ratio (X), as of Mar 25, the value is 19.38. This value exceeds the healthy maximum of 3. It has increased from 17.58 (Mar 24) to 19.38, marking an increase of 1.80.
For Quick Ratio (X), as of Mar 25, the value is 18.81. This value exceeds the healthy maximum of 2. It has increased from 17.22 (Mar 24) to 18.81, marking an increase of 1.59.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.06. This value is within the healthy range. It has decreased from 6.08 (Mar 24) to 4.06, marking a decrease of 2.02.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 2.00 (Mar 24) to 0.00, marking a decrease of 2.00.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 1.93 (Mar 24) to 0.00, marking a decrease of 1.93.
For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 98.00 (Mar 24) to 0.00, marking a decrease of 98.00.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 98.07 (Mar 24) to 0.00, marking a decrease of 98.07.
For Interest Coverage Ratio (X), as of Mar 25, the value is 519.33. This value is within the healthy range. It has decreased from 964.33 (Mar 24) to 519.33, marking a decrease of 445.00.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 377.46. This value is within the healthy range. It has decreased from 735.16 (Mar 24) to 377.46, marking a decrease of 357.70.
For Enterprise Value (Cr.), as of Mar 25, the value is 790.63. It has decreased from 823.08 (Mar 24) to 790.63, marking a decrease of 32.45.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.69. This value is within the healthy range. It has increased from 2.56 (Mar 24) to 2.69, marking an increase of 0.13.
For EV / EBITDA (X), as of Mar 25, the value is 7.48. This value is within the healthy range. It has increased from 3.32 (Mar 24) to 7.48, marking an increase of 4.16.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.80. This value is within the healthy range. It has increased from 2.76 (Mar 24) to 2.80, marking an increase of 0.04.
For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 97.99 (Mar 24) to 0.00, marking a decrease of 97.99.
For Price / BV (X), as of Mar 25, the value is 0.60. This value is below the healthy minimum of 1. It has decreased from 0.70 (Mar 24) to 0.60, marking a decrease of 0.10.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.80. This value is within the healthy range. It has increased from 2.76 (Mar 24) to 2.80, marking an increase of 0.04.
For EarningsYield, as of Mar 25, the value is 0.09. This value is below the healthy minimum of 5. It has decreased from 0.21 (Mar 24) to 0.09, marking a decrease of 0.12.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Sandesh Ltd as of June 27, 2025 is: 956.69

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 27, 2025, Sandesh Ltd is Overvalued by 16.81% compared to the current share price 1,150.00

Intrinsic Value of Sandesh Ltd as of June 27, 2025 is: 929.83

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 27, 2025, Sandesh Ltd is Overvalued by 19.15% compared to the current share price 1,150.00

Last 5 Year EPS CAGR: -2.81%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 16.67%, which is a positive sign. The company has higher reserves (798.33 cr) compared to borrowings (6.83 cr), indicating strong financial stability. The company has shown consistent growth in sales (337.42 cr) and profit (115.83 cr) over the years.	The stock has a high average Working Capital Days of 105.50, which may not be favorable. The stock has a high average Cash Conversion Cycle of 119.33, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Sandesh Ltd:
1. Net Profit Margin: 26.21%
  - 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: 7.07% (Industry Average ROCE: 8.3%)
  - 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. ROE%: 5.69% (Industry Average ROE: 8.72%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 377.46
  - 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.
5. Quick Ratio: 18.81
  - 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.
6. Stock P/E: 11.3 (Industry average Stock P/E: 90.92)
  - 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.
7. Total Debt / Equity: 0
  - 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 is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Sandesh Ltd. is a Public Limited Listed company incorporated on 11/03/1943 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L22121GJ1943PLC000183 and registration number is 000183. Currently Company is involved in the business activities of Advertising. Company's Total Operating Revenue is Rs. 292.34 Cr. and Equity Capital is Rs. 7.57 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Printing/Publishing/Stationery	Sandesh Bhavan Lad Society Road, Ahmedabad Gujarat 380054	cs@sandesh.com http://www.sandesh.com

Management
Name	Position Held
Mr. Falgunbhai C Patel	Chairman & Managing Director
Mr. Parthiv F Patel	Managing Director
Mr. Sanjay Kumar Tandon	Whole Time Director
Mrs. Pannaben F Patel	Director
Dr. Gauri Trivedi	Independent Director
Mr. Sudhinbhai Choksey	Independent Director
Mr. Bijalbhai Chhatrapati	Independent Director
Mr. Keyurbhai Gandhi	Independent Director

FAQ

What is the intrinsic value of Sandesh Ltd?

Sandesh Ltd's intrinsic value (as of 27 June 2025) is 956.69 — 16.81% lower the current market price of 1,150.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 871 Cr. market cap, FY2025-2026 high/low of 2,058/1,000, reserves of 1,342 Cr, and liabilities of 1,438 Cr.

What is the Market Cap of Sandesh Ltd?

The Market Cap of Sandesh Ltd is 871 Cr..

What is the current Stock Price of Sandesh Ltd as on 27 June 2025?

The current stock price of Sandesh Ltd as on 27 June 2025 is 1,150.

What is the High / Low of Sandesh Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Sandesh Ltd stocks is ₹2,058/1,000.

What is the Stock P/E of Sandesh Ltd?

The Stock P/E of Sandesh Ltd is 11.3.

What is the Book Value of Sandesh Ltd?

The Book Value of Sandesh Ltd is 1,783.

What is the Dividend Yield of Sandesh Ltd?

The Dividend Yield of Sandesh Ltd is 0.43 %.

What is the ROCE of Sandesh Ltd?

The ROCE of Sandesh Ltd is 7.57 %.

What is the ROE of Sandesh Ltd?

The ROE of Sandesh Ltd is 5.91 %.

What is the Face Value of Sandesh Ltd?

The Face Value of Sandesh Ltd is 10.0.