Savita Oil Technologies Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:53 am

Market Cap	3,819 Cr.
Current Price	553
High / Low	655/339
Stock P/E	21.8
Book Value	235
Dividend Yield	0.72 %
ROCE	18.7 %
ROE	12.4 %
Face Value	2.00
PEG Ratio	-7.85

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Gandhar Oil Refinery (India) Ltd	2,147 Cr.	219	287/182	20.4	123	0.23 %	21.6 %	14.7 %	2.00
Continental Petroleums Ltd	64.9 Cr.	117	123/51.7	13.7	48.0	0.00 %	16.6 %	12.0 %	5.00
Tide Water Oil Co (I) Ltd	3,710 Cr.	2,130	2,800/1,031	24.9	475	2.44 %	23.7 %	18.0 %	2.00
Savita Oil Technologies Ltd	3,819 Cr.	553	655/339	21.8	235	0.72 %	18.7 %	12.4 %	2.00
Gulf Oil Lubricants India Ltd	5,766 Cr.	1,171	1,514/655	17.0	279	3.07 %	27.2 %	24.7 %	2.00
Industry Average	5,927.67 Cr	635.09		18.74	177.59	1.46%	25.21%	19.12%	3.29

All Competitor Stocks of

Quarterly Result

Month	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	606	690	738	794	901	865	909	956	920	889	958	973	956
Expenses	498	613	666	706	769	767	867	908	851	829	873	941	908
Operating Profit	107	77	72	89	132	98	42	47	69	60	86	32	47
OPM %	18%	11%	10%	11%	15%	11%	5%	5%	8%	7%	9%	3%	5%
Other Income	7	8	9	4	5	10	11	14	17	14	24	26	20
Interest	6	4	4	6	8	10	11	7	9	9	10	10	7
Depreciation	5	5	5	5	5	5	5	6	5	5	7	6	6
Profit before tax	104	77	72	82	124	93	37	49	73	60	93	41	55
Tax %	26%	27%	22%	27%	27%	25%	22%	26%	24%	21%	27%	20%	23%
Net Profit	78	56	57	60	91	70	29	36	56	48	68	33	42
EPS in Rs	11.22	8.12	8.18	8.66	13.14	10.10	4.15	5.27	8.05	6.88	9.89	4.74	6.12

Last Updated: September 18, 2024, 12:29 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 18, 2024, 12:29 pm

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	TTM
Sales	1,985	2,066	1,835	1,484	1,496	1,782	2,261	2,044	1,911	2,937	3,629	3,740	3,776
Expenses	1,869	1,913	1,773	1,395	1,341	1,595	2,064	1,889	1,610	2,578	3,293	3,486	3,551
Operating Profit	116	153	62	89	155	186	197	155	300	358	336	254	225
OPM %	6%	7%	3%	6%	10%	10%	9%	8%	16%	12%	9%	7%	6%
Other Income	70	73	9	10	13	10	18	12	32	31	23	74	84
Interest	10	63	41	26	14	14	29	20	9	19	35	38	36
Depreciation	25	30	34	30	28	26	24	22	20	21	21	23	24
Profit before tax	151	133	-4	43	126	156	163	125	303	348	303	267	249
Tax %	31%	32%	-70%	15%	26%	19%	30%	23%	26%	25%	25%	24%
Net Profit	103	90	-1	36	94	126	114	96	224	260	226	204	191
EPS in Rs	14.15	12.29	-0.17	4.95	12.82	17.63	15.96	13.59	31.81	37.70	32.66	29.56	27.63
Dividend Payout %	25%	28%	-288%	20%	21%	3%	3%	29%	9%	13%	12%	14%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-12.62%	-101.11%	3700.00%	161.11%	34.04%	-9.52%	-15.79%	133.33%	16.07%	-13.08%	-9.73%
Change in YoY Net Profit Growth (%)	0.00%	-88.49%	3801.11%	-3538.89%	-127.07%	-43.57%	-6.27%	149.12%	-117.26%	-29.15%	3.34%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	6%
5 Years:	11%
3 Years:	25%
TTM:	3%

Compounded Profit Growth
10 Years:	14%
5 Years:	12%
3 Years:	-4%
TTM:	4%

Stock Price CAGR
10 Years:	15%
5 Years:	27%
3 Years:	36%
1 Year:	56%

Return on Equity
10 Years:	15%
5 Years:	17%
3 Years:	16%
Last Year:	12%

Last Updated: Unknown

Balance Sheet

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

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	Sep 2024
Equity Capital	15	15	15	15	15	14	14	14	14	14	14	14	14
Reserves	497	556	550	577	647	728	837	855	1,078	1,244	1,435	1,611	1,613
Borrowings	78	96	64	42	22	6	4	1	0	0	0	0	0
Other Liabilities	541	869	519	417	461	536	576	561	641	731	815	855	692
Total Liabilities	1,129	1,535	1,149	1,051	1,144	1,284	1,431	1,431	1,733	1,989	2,264	2,480	2,319
Fixed Assets	211	287	265	235	230	210	202	189	185	184	180	192	183
CWIP	21	5	1	3	1	2	3	8	1	5	20	19	26
Investments	32	12	30	36	19	24	69	177	271	468	326	404	398
Other Assets	864	1,231	853	776	894	1,049	1,158	1,058	1,277	1,332	1,738	1,864	1,712
Total Assets	1,129	1,535	1,149	1,051	1,144	1,284	1,431	1,431	1,733	1,989	2,264	2,480	2,319

Reserves and Borrowings Chart

Cash Flow

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
Cash from Operating Activity +	78	127	125	76	55	97	128	177	124	369	-64	177
Cash from Investing Activity +	-54	-66	-26	-9	-3	-9	-51	-116	-84	-298	124	-49
Cash from Financing Activity +	-24	-71	-102	-68	-55	-75	-34	-102	-20	-76	-69	-61
Net Cash Flow	0	-10	-2	-2	-4	13	43	-41	21	-4	-9	67

Free Cash Flow

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
Free Cash Flow	38.00	57.00	-2.00	47.00	133.00	180.00	193.00	154.00	300.00	358.00	336.00	254.00

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	83	93	93	95	103	110	93	91	104	73	75	77
Inventory Days	72	134	70	98	136	114	91	104	160	95	103	100
Days Payable	96	159	103	108	126	127	106	117	152	102	92	90
Cash Conversion Cycle	59	69	60	85	112	98	79	78	112	67	87	87
Working Capital Days	54	60	61	83	102	101	84	84	111	67	87	88
ROCE %	18%	22%	5%	11%	21%	24%	23%	16%	31%	31%	24%	19%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	71.81%	71.81%	71.81%	71.81%	71.81%	71.81%	71.92%	71.92%	71.92%	71.92%	68.92%	68.92%
FIIs	1.14%	1.73%	1.55%	1.60%	1.78%	1.87%	1.92%	1.86%	1.73%	1.41%	1.33%	1.43%
DIIs	7.77%	7.45%	7.39%	7.40%	7.40%	7.40%	7.40%	7.72%	7.42%	7.40%	10.68%	11.06%
Public	19.28%	19.01%	19.25%	19.20%	19.02%	18.93%	18.76%	18.50%	18.95%	19.28%	19.08%	18.58%
No. of Shareholders	20,531	21,304	21,770	21,745	27,233	29,315	29,275	29,057	28,999	28,210	32,031	33,922

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Balanced Advantage Fund - Regular Plan	4,520,316	0.29	275.2	63,100	2024-12-17	7063.73%
LIC MF Dividend Yield Fund	63,100	0.98	3.84	63,100	2024-12-17	0%
LIC MF Infrastructure Fund	54,164	0.45	3.3	63,100	2024-12-17	-14.16%
LIC MF Value Fund	32,634	1.57	1.99	63,100	2024-12-17	-48.28%
LIC MF Childrens Fund	4,025	1.42	0.25	63,100	2024-12-17	-93.62%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	10.00	10.00	10.00
Basic EPS (Rs.)	29.56	32.66	180.51	159.16	67.55
Diluted EPS (Rs.)	29.56	32.66	180.51	159.16	67.55
Cash EPS (Rs.)	32.86	35.64	195.51	173.51	83.77
Book Value[Excl.RevalReserv]/Share (Rs.)	235.20	209.70	924.34	775.96	617.28
Book Value[Incl.RevalReserv]/Share (Rs.)	235.20	209.70	924.34	775.96	617.28
Dividend / Share (Rs.)	4.00	4.00	25.00	15.00	20.00
Revenue From Operations / Share (Rs.)	541.36	525.38	2046.53	1359.04	1454.17
PBDIT / Share (Rs.)	47.45	51.92	270.71	236.10	118.66
PBIT / Share (Rs.)	44.16	48.94	256.09	221.75	102.86
PBT / Share (Rs.)	38.69	43.81	242.52	215.41	88.66
Net Profit / Share (Rs.)	29.56	32.66	180.88	159.16	67.97
PBDIT Margin (%)	8.76	9.88	13.22	17.37	8.15
PBIT Margin (%)	8.15	9.31	12.51	16.31	7.07
PBT Margin (%)	7.14	8.33	11.85	15.84	6.09
Net Profit Margin (%)	5.46	6.21	8.83	11.71	4.67
Return on Networth / Equity (%)	12.56	15.57	19.56	20.51	11.01
Return on Capital Employeed (%)	18.60	23.18	27.51	28.32	16.48
Return On Assets (%)	8.23	9.97	12.61	12.92	6.68
Asset Turnover Ratio (%)	1.58	1.71	1.52	1.21	1.43
Current Ratio (X)	2.37	2.43	2.31	2.38	2.20
Quick Ratio (X)	1.36	1.40	1.54	1.44	1.39
Inventory Turnover Ratio (X)	3.69	4.11	3.85	2.53	3.45
Dividend Payout Ratio (NP) (%)	0.00	15.30	0.00	0.00	3.67
Dividend Payout Ratio (CP) (%)	0.00	14.02	0.00	0.00	2.98
Earning Retention Ratio (%)	0.00	84.70	0.00	0.00	96.33
Cash Earning Retention Ratio (%)	0.00	85.98	0.00	0.00	97.02
Interest Coverage Ratio (X)	8.68	10.13	19.96	37.22	8.35
Interest Coverage Ratio (Post Tax) (X)	6.41	7.37	14.33	26.09	5.78
Enterprise Value (Cr.)	3058.55	1584.52	1400.35	1318.50	879.18
EV / Net Operating Revenue (X)	0.81	0.43	0.49	0.68	0.42
EV / EBITDA (X)	9.33	4.42	3.74	3.97	5.27
MarketCap / Net Operating Revenue (X)	0.85	0.45	0.51	0.71	0.44
Retention Ratios (%)	0.00	84.69	0.00	0.00	96.32
Price / BV (X)	1.96	1.13	1.14	1.26	1.04
Price / Net Operating Revenue (X)	0.85	0.45	0.51	0.71	0.44
EarningsYield	0.06	0.13	0.17	0.16	0.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 639.83

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 December 21, 2024, is Undervalued by 15.70% compared to the current share price 553.00

Intrinsic Value of as of December 21, 2024 is: 622.05

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 December 21, 2024, is Undervalued by 12.49% compared to the current share price 553.00

Last 5 Year EPS CAGR: -2.78%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 20.42%, which is a positive sign. The company has higher reserves (940.62 cr) compared to borrowings (24.08 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.77 cr) and profit (181.77 cr) over the years.	The stock has a high average Working Capital Days of 81.83, which may not be favorable. The stock has a high average Cash Conversion Cycle of 82.75, which may not be favorable.

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 :
1. Net Profit Margin: 5.46%
  - 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: 18.6% (Industry Average ROCE: 25.21%)
  - 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%: 12.56% (Industry Average ROE: 19.12%)
  - 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): 6.41
  - 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: 1.36
  - 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: 21.8 (Industry average Stock P/E: 18.74)
  - 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

Savita Oil Technologies Ltd. is a Public Limited Listed company incorporated on 19/07/1961 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24100MH1961PLC012066 and registration number is 012066. Currently Company is involved in the business activities of Production of liquid and gaseous fuels, illuminating oils, lubricating oils or greases or other products from crude petroleum or bituminous minerals. Company’s Total Operating Revenue is Rs. 2828.33 Cr. and Equity Capital is Rs. 13.82 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Lubricants	66/67, Nariman Bhavan, Nariman Point, Mumbai Maharashtra 400021	legal@savita.com http://www.savita.com

Management
Name	Position Held
Mr. Gautam N Mehra	Chairman & Managing Director
Mr. Siddharth G Mehra	Whole Time Director
Mr. Vishal Sood	Whole Time Director
Mr. Ravindra N Pisharody	Independent Director
Mr. Hariharan Sunder	Independent Director
Ms. Kavita Nair	Independent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹639.83, which is 15.70% higher than the current market price of ₹553.00. The stock has a market capitalization of 3,819 Cr. and recorded a high/low of 655/339 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,613 Cr and total liabilities of ₹2,319 Cr.

What is the Market Cap of ?

The Market Cap of is 3,819 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 553.

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

In FY 2024-2025, the High / Low of stocks is 655/339.

What is the Stock P/E of ?

The Stock P/E of is 21.8.

What is the Book Value of ?

The Book Value of is 235.

What is the Dividend Yield of ?

The Dividend Yield of is 0.72 %.

What is the ROCE of ?

The ROCE of is 18.7 %.

What is the ROE of ?

The ROE of is 12.4 %.

What is the Face Value of ?

The Face Value of is 2.00.