Sanghi Industries Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 21, 2025, 9:41 pm

Market Cap	1,389 Cr.
Current Price	53.8
High / Low	117/53.0
Stock P/E
Book Value	31.9
Dividend Yield	0.00 %
ROCE	5.45 %
ROE	34.1 %
Face Value	10.0
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Sanghi Industries Ltd

Competitors of Sanghi Industries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Visaka Industries Ltd	617 Cr.	71.4	145/68.6		86.4	0.70 %	3.33 %	0.33 %	2.00
Sanghi Industries Ltd	1,389 Cr.	53.8	117/53.0		31.9	0.00 %	5.45 %	34.1 %	10.0
Ramco Industries Ltd	2,016 Cr.	232	324/192	10.7	474	0.32 %	3.15 %	2.67 %	1.00
Indian Hume Pipe Company Ltd	1,737 Cr.	330	614/233	17.0	164	0.45 %	13.2 %	10.1 %	2.00
GPT Infraprojects Ltd	1,307 Cr.	103	207/68.4	19.6	39.8	1.93 %	21.6 %	19.1 %	10.0
Industry Average	1,281.71 Cr	205.97		32.10	169.49	0.63%	10.66%	14.68%	5.29

All Competitor Stocks of Sanghi Industries Ltd

Quarterly Result

Metric	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	282	211	281	355	339	230	134	226	167	181	189	285	223
Expenses	216	171	239	311	320	232	152	238	263	209	212	226	228
Operating Profit	66	40	42	44	19	-2	-18	-13	-96	-28	-23	59	-5
OPM %	23%	19%	15%	12%	6%	-1%	-13%	-6%	-58%	-15%	-12%	21%	-2%
Other Income	2	3	4	2	6	12	1	1	4	95	-58	-10	8
Interest	21	21	20	20	45	46	77	70	73	78	90	42	48
Depreciation	16	16	16	17	24	23	23	23	24	27	31	25	43
Profit before tax	32	6	10	9	-44	-59	-118	-105	-189	-39	-201	-19	-89
Tax %	30%	25%	25%	29%	-25%	-25%	22%	0%	0%	0%	0%	0%	0%
Net Profit	22	4	8	6	-33	-44	-144	-105	-189	-39	-202	-19	-89
EPS in Rs	0.89	0.18	0.30	0.25	-1.31	-1.77	-5.57	-4.05	-7.33	-1.50	-7.80	-0.74	-3.44

Last Updated: October 25, 2024, 4:25 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 25, 2024, 4:25 pm

Metric	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,055	1,048	932	840	998	1,026	1,061	888	939	1,129	928	821	878
Expenses	854	851	775	689	799	811	907	695	696	938	942	899	875
Operating Profit	201	197	157	151	198	216	154	193	244	192	-14	-77	3
OPM %	19%	19%	17%	18%	20%	21%	15%	22%	26%	17%	-1%	-9%	0%
Other Income	12	8	7	-59	2	22	27	12	6	11	19	19	34
Interest	15	14	27	22	64	72	57	78	73	82	238	284	259
Depreciation	145	148	106	54	73	72	71	62	64	64	93	107	127
Profit before tax	53	44	31	16	63	93	53	65	113	57	-326	-449	-348
Tax %	13%	-14%	0%	2%	0%	0%	0%	0%	31%	28%	0%	0%
Net Profit	46	50	31	16	63	93	53	65	78	41	-326	-449	-348
EPS in Rs	2.09	2.25	1.39	0.73	2.87	3.72	2.10	2.60	3.12	1.62	-12.61	-17.37	-13.48
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	293.75%	47.62%	-43.01%	22.64%	20.00%	-47.44%	-895.12%	-37.73%
Change in YoY Net Profit Growth (%)	0.00%	-246.13%	-90.63%	65.65%	-2.64%	-67.44%	-847.69%	857.39%

Sanghi Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	-2%
5 Years:	-5%
3 Years:	-4%
TTM:	20%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	53%

Stock Price CAGR
10 Years:	-1%
5 Years:	9%
3 Years:	6%
1 Year:	-53%

Return on Equity
10 Years:	-2%
5 Years:	-7%
3 Years:	-15%
Last Year:	-34%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:43 pm

Month	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	220	220	220	220	220	251	251	251	251	251	258	258	258
Reserves	620	670	691	831	894	1,347	1,399	1,464	1,543	1,583	1,301	852	566
Borrowings	751	651	535	603	599	740	771	1,256	1,415	1,397	1,548	2,084	2,679
Other Liabilities	290	217	314	366	352	316	394	433	395	589	602	434	495
Total Liabilities	1,881	1,757	1,760	2,020	2,066	2,654	2,816	3,404	3,604	3,820	3,710	3,628	3,998
Fixed Assets	1,381	1,266	1,238	1,478	1,452	1,509	1,605	1,706	1,652	3,163	3,117	3,185	3,154
CWIP	55	59	56	82	167	294	437	1,004	1,338	42	42	4	55
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	445	432	466	460	447	852	774	694	614	614	550	439	790
Total Assets	1,881	1,757	1,760	2,020	2,066	2,654	2,816	3,404	3,604	3,820	3,710	3,628	3,998

Reserves and Borrowings Chart

Cash Flow

Month	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	145	210	197	142	76	222	122	71	302	402	-25	-243
Cash from Investing Activity +	-24	-44	-44	-124	-8	-684	-112	-471	-342	-298	29	234
Cash from Financing Activity +	-124	-167	-152	-19	-68	463	-10	401	39	-105	-3	182
Net Cash Flow	-3	-0	0	-0	-0	0	0	2	-1	-1	1	172

Free Cash Flow

Month	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-550.00	-454.00	-378.00	-452.00	-401.00	-524.00	-617.00	192.00	243.00	191.00	-15.00	-79.00

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	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	9	4	6	8	9	11	15	16	19	30	20	0
Inventory Days		561		729	863	811	891	1,814	1,500	1,612		308
Days Payable		290		758	658	730	725	668	589	1,348		98
Cash Conversion Cycle	9	275	6	-21	214	93	181	1,163	930	294	20	210
Working Capital Days	70	26	-4	-14	32	26	12	32	86	32	-40	-73
ROCE %	4%	4%	4%	6%	8%	8%	5%	5%	6%	4%	-3%	-5%

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	70.33%	70.33%	71.93%	72.72%	72.72%	72.72%	72.72%	72.59%	78.52%	75.00%	75.00%	75.00%
FIIs	0.19%	0.16%	0.66%	0.90%	1.01%	2.09%	1.31%	1.02%	0.13%	0.18%	0.18%	0.70%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.36%	0.62%	0.09%	0.30%	0.34%	0.40%
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.08%	0.00%	0.00%	0.00%
Public	29.48%	29.51%	27.42%	26.36%	26.28%	25.19%	24.61%	25.76%	21.17%	24.52%	24.47%	23.88%
No. of Shareholders	58,192	62,178	57,054	49,225	46,548	42,926	46,461	48,467	57,095	72,594	76,040	83,139

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-17.37	-12.88	1.62	3.12	2.60
Diluted EPS (Rs.)	-17.37	-12.88	1.62	3.12	2.60
Cash EPS (Rs.)	-13.23	-8.99	4.17	5.65	5.08
Book Value[Excl.RevalReserv]/Share (Rs.)	43.00	60.35	73.08	71.46	68.34
Book Value[Incl.RevalReserv]/Share (Rs.)	43.00	60.35	73.08	71.46	68.34
Revenue From Operations / Share (Rs.)	31.79	35.94	45.00	37.42	35.36
PBDIT / Share (Rs.)	-2.92	0.22	8.08	9.94	8.18
PBIT / Share (Rs.)	-7.06	-3.39	5.53	7.40	5.71
PBT / Share (Rs.)	-17.36	-12.61	2.26	4.49	2.60
Net Profit / Share (Rs.)	-17.37	-12.61	1.62	3.12	2.60
PBDIT Margin (%)	-9.18	0.63	17.96	26.56	23.14
PBIT Margin (%)	-22.21	-9.42	12.28	19.77	16.14
PBT Margin (%)	-54.61	-35.08	5.02	11.98	7.36
Net Profit Margin (%)	-54.64	-35.08	3.59	8.32	7.36
Return on Networth / Equity (%)	-40.40	-20.88	2.21	4.35	3.80
Return on Capital Employeed (%)	-5.58	-2.86	4.58	6.26	5.32
Return On Assets (%)	-12.36	-8.77	1.06	2.16	1.91
Long Term Debt / Equity (X)	1.87	0.86	0.54	0.59	0.51
Total Debt / Equity (X)	1.87	0.98	0.75	0.74	0.66
Asset Turnover Ratio (%)	0.22	0.24	0.30	0.26	0.28
Current Ratio (X)	1.07	0.76	0.71	0.87	0.82
Quick Ratio (X)	0.69	0.31	0.30	0.31	0.32
Inventory Turnover Ratio (X)	2.06	1.72	1.39	0.80	1.05
Interest Coverage Ratio (X)	-0.26	0.02	2.48	3.41	2.63
Interest Coverage Ratio (Post Tax) (X)	-0.64	-0.36	1.50	2.07	1.84
Enterprise Value (Cr.)	4226.92	3174.34	2426.94	2373.81	1560.51
EV / Net Operating Revenue (X)	5.15	3.42	2.15	2.53	1.76
EV / EBITDA (X)	-56.03	542.62	11.96	9.52	7.60
MarketCap / Net Operating Revenue (X)	2.85	1.83	0.96	1.13	0.53
Price / BV (X)	2.10	1.09	0.59	0.59	0.27
Price / Net Operating Revenue (X)	2.85	1.83	0.96	1.13	0.53
EarningsYield	-0.19	-0.19	0.03	0.07	0.13

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Sanghi Industries Ltd as of February 23, 2025 is: ₹133.15

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 February 23, 2025, Sanghi Industries Ltd is Undervalued by 147.49% compared to the current share price ₹53.80

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Sanghi Industries Ltd as of February 23, 2025 is: 75.03

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 February 23, 2025, Sanghi Industries Ltd is Undervalued by 39.46% compared to the current share price ₹53.80

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -43.65%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of 15.42, which is a positive sign.	The stock has a low average ROCE of 3.83%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 184.33, which may not be favorable. The company has higher borrowings (1,156.08) compared to reserves (1,058.54), which may suggest financial risk. The company has not shown consistent growth in sales (556.08) and profit (-41.15).

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 Sanghi Industries Ltd:
1. Net Profit Margin: -54.64%
  - 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: -5.58% (Industry Average ROCE: 10.66%)
  - 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%: -40.4% (Industry Average ROE: 14.68%)
  - 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): -0.64
  - 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: 0.69
  - 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: 0 (Industry average Stock P/E: 32.1)
  - 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: 1.87
  - 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

Sanghi Industries Ltd. is a Public Limited Listed company incorporated on 14/06/1985 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is L18209TG1985PLC005581 and registration number is 005581. Currently Company is involved in the business activities of Manufacture of clinkers and cement. Company's Total Operating Revenue is Rs. 821.35 Cr. and Equity Capital is Rs. 258.33 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Cement Products	Sanghinagar P.O., Hyderabad Telangana 501511	companysecretary.sil@adani.com http://www.sanghicement.com

Management
Name	Position Held
Mr. Ajay Kapur	Chairman
Mr. Sukuru Ramarao	WholeTime Director & CEO
Mr. Vinod Bahety	Non Executive Director
Mr. Ravi Kapoor	Independent Director
Ms. Shruti Shah	Independent Director
Mr. Sudhir Nanavati	Independent Director

FAQ

What is the latest intrinsic value of Sanghi Industries Ltd?

Let's break down Sanghi Industries Ltd's intrinsic value simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 23 February 2025:

Calculated Fair Value: ₹133.15
Current Market Price: ₹53.80
Variance: 147.49% higher

This suggests Sanghi Industries Ltd is currently undervalued by 147.49%. For context:

Market Cap: 1,389 Cr.
52-Week Range: 117/53.0
Reserves (Sep 2024): ₹566 Cr
Liabilities: 3,998 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Sanghi Industries Ltd?

The Market Cap of Sanghi Industries Ltd is 1,389 Cr..

What is the current Stock Price of Sanghi Industries Ltd as on 23 February 2025?

The current stock price of Sanghi Industries Ltd as on 23 February 2025 is ₹53.8.

What is the High / Low of Sanghi Industries Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Sanghi Industries Ltd stocks is 117/53.0.

What is the Stock P/E of Sanghi Industries Ltd?

The Stock P/E of Sanghi Industries Ltd is .

What is the Book Value of Sanghi Industries Ltd?

The Book Value of Sanghi Industries Ltd is 31.9.

What is the Dividend Yield of Sanghi Industries Ltd?

The Dividend Yield of Sanghi Industries Ltd is 0.00 %.

What is the ROCE of Sanghi Industries Ltd?

The ROCE of Sanghi Industries Ltd is 5.45 %.

What is the ROE of Sanghi Industries Ltd?

The ROE of Sanghi Industries Ltd is 34.1 %.

What is the Face Value of Sanghi Industries Ltd?

The Face Value of Sanghi Industries Ltd is 10.0.