Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 15 October, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 524667 | NSE: SOTL

Savita Oil Technologies Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: October 15, 2024, 10:55 pm

Market Cap 3,824 Cr.
Current Price 554
High / Low655/315
Stock P/E20.0
Book Value 235
Dividend Yield0.72 %
ROCE18.7 %
ROE12.4 %
Face Value 2.00
PEG Ratio-7.20

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

View Share Price Target for Savita Oil Technologies Ltd

Competitors of Savita Oil Technologies Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gandhar Oil Refinery (India) Ltd 2,387 Cr. 244345/18218.9 1200.21 %21.6 %14.7 % 2.00
Continental Petroleums Ltd 54.6 Cr. 98.2114/43.814.8 43.30.00 %16.6 %12.0 % 5.00
Tide Water Oil Co (I) Ltd 3,710 Cr. 2,1302,800/1,03124.9 4752.44 %23.7 %18.0 % 2.00
Savita Oil Technologies Ltd 3,824 Cr. 554655/31520.0 2350.72 %18.7 %12.4 % 2.00
Castrol India Ltd 22,755 Cr. 230284/13225.7 21.63.26 %56.7 %42.5 % 5.00
Industry Average8,169.00 Cr651.2420.86178.981.33%27.46%19.92%3.20

All Competitor Stocks of Savita Oil Technologies Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales606690738794901865909956920889958973956
Expenses498613666706769767867908851829873941908
Operating Profit1077772891329842476960863247
OPM %18%11%10%11%15%11%5%5%8%7%9%3%5%
Other Income789451011141714242620
Interest64468101179910107
Depreciation5555555655766
Profit before tax1047772821249337497360934155
Tax %26%27%22%27%27%25%22%26%24%21%27%20%23%
Net Profit78565760917029365648683342
EPS in Rs11.228.128.188.6613.1410.104.155.278.056.889.894.746.12

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

Quarterly Chart

Profit & Loss - Annual Report

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales1,9852,0661,8351,4841,4961,7822,2612,0441,9112,9373,6293,7403,776
Expenses1,8691,9131,7731,3951,3411,5952,0641,8891,6102,5783,2933,4863,551
Operating Profit1161536289155186197155300358336254225
OPM %6%7%3%6%10%10%9%8%16%12%9%7%6%
Other Income7073910131018123231237484
Interest1063412614142920919353836
Depreciation25303430282624222021212324
Profit before tax151133-443126156163125303348303267249
Tax %31%32%-70%15%26%19%30%23%26%25%25%24%
Net Profit10390-1369412611496224260226204191
EPS in Rs14.1512.29-0.174.9512.8217.6315.9613.5931.8137.7032.6629.5627.63
Dividend Payout %25%28%-288%20%21%3%3%29%9%13%12%14%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
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%

Savita Oil Technologies Ltd 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:0%
Stock Price CAGR
10 Years:14%
5 Years:27%
3 Years:23%
1 Year:66%
Return on Equity
10 Years:15%
5 Years:17%
3 Years:16%
Last Year:12%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital151515151514141414141414
Reserves4975565505776477288378551,0781,2441,4351,611
Borrowings78966442226410000
Other Liabilities541869519417461536576561641731815855
Total Liabilities1,1291,5351,1491,0511,1441,2841,4311,4311,7331,9892,2642,480
Fixed Assets211287265235230210202189185184180192
CWIP215131238152019
Investments32123036192469177271468326404
Other Assets8641,2318537768941,0491,1581,0581,2771,3321,7381,864
Total Assets1,1291,5351,1491,0511,1441,2841,4311,4311,7331,9892,2642,480

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 78127125765597128177124369-64177
Cash from Investing Activity -54-66-26-9-3-9-51-116-84-298124-49
Cash from Financing Activity -24-71-102-68-55-75-34-102-20-76-69-61
Net Cash Flow0-10-2-2-41343-4121-4-967

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow38.0057.00-2.0047.00133.00180.00193.00154.00300.00358.00336.00254.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days839393951031109391104737577
Inventory Days7213470981361149110416095103100
Days Payable961591031081261271061171521029290
Cash Conversion Cycle59696085112987978112678787
Working Capital Days546061831021018484111678788
ROCE %18%22%5%11%21%24%23%16%31%31%24%19%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters71.81%71.81%71.81%71.81%71.81%71.81%71.92%71.92%71.92%71.92%68.92%68.92%
FIIs1.14%1.73%1.55%1.60%1.78%1.87%1.92%1.86%1.73%1.41%1.33%1.43%
DIIs7.77%7.45%7.39%7.40%7.40%7.40%7.40%7.72%7.42%7.40%10.68%11.06%
Public19.28%19.01%19.25%19.20%19.02%18.93%18.76%18.50%18.95%19.28%19.08%18.58%
No. of Shareholders20,53121,30421,77021,74527,23329,31529,27529,05728,99928,21032,03133,922

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Balanced Advantage Fund - Regular Plan4,520,3160.29275.254,1642024-10-138245.61%
LIC MF Dividend Yield Fund63,1000.983.8454,1642024-10-1316.5%
LIC MF Infrastructure Fund54,1640.453.354,1642024-10-130%
LIC MF Value Fund32,6341.571.9954,1642024-10-13-39.75%
LIC MF Childrens Fund4,0251.420.2554,1642024-10-13-92.57%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.0010.0010.0010.00
Basic EPS (Rs.)29.5632.66180.51159.1667.55
Diluted EPS (Rs.)29.5632.66180.51159.1667.55
Cash EPS (Rs.)32.8635.64195.51173.5183.77
Book Value[Excl.RevalReserv]/Share (Rs.)235.20209.70924.34775.96617.28
Book Value[Incl.RevalReserv]/Share (Rs.)235.20209.70924.34775.96617.28
Dividend / Share (Rs.)4.004.0025.0015.0020.00
Revenue From Operations / Share (Rs.)541.36525.382046.531359.041454.17
PBDIT / Share (Rs.)47.4551.92270.71236.10118.66
PBIT / Share (Rs.)44.1648.94256.09221.75102.86
PBT / Share (Rs.)38.6943.81242.52215.4188.66
Net Profit / Share (Rs.)29.5632.66180.88159.1667.97
PBDIT Margin (%)8.769.8813.2217.378.15
PBIT Margin (%)8.159.3112.5116.317.07
PBT Margin (%)7.148.3311.8515.846.09
Net Profit Margin (%)5.466.218.8311.714.67
Return on Networth / Equity (%)12.5615.5719.5620.5111.01
Return on Capital Employeed (%)18.6023.1827.5128.3216.48
Return On Assets (%)8.239.9712.6112.926.68
Asset Turnover Ratio (%)1.581.711.521.211.43
Current Ratio (X)2.372.432.312.382.20
Quick Ratio (X)1.361.401.541.441.39
Inventory Turnover Ratio (X)3.694.113.852.533.45
Dividend Payout Ratio (NP) (%)0.0015.300.000.003.67
Dividend Payout Ratio (CP) (%)0.0014.020.000.002.98
Earning Retention Ratio (%)0.0084.700.000.0096.33
Cash Earning Retention Ratio (%)0.0085.980.000.0097.02
Interest Coverage Ratio (X)8.6810.1319.9637.228.35
Interest Coverage Ratio (Post Tax) (X)6.417.3714.3326.095.78
Enterprise Value (Cr.)3058.551584.521400.351318.50879.18
EV / Net Operating Revenue (X)0.810.430.490.680.42
EV / EBITDA (X)9.334.423.743.975.27
MarketCap / Net Operating Revenue (X)0.850.450.510.710.44
Retention Ratios (%)0.0084.690.000.0096.32
Price / BV (X)1.961.131.141.261.04
Price / Net Operating Revenue (X)0.850.450.510.710.44
EarningsYield0.060.130.170.160.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Savita Oil Technologies Ltd as of October 15, 2024 is: ₹587.00

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 October 15, 2024, Savita Oil Technologies Ltd is Undervalued by 5.96% compared to the current share price ₹554.00

Intrinsic Value of Savita Oil Technologies Ltd as of October 15, 2024 is: ₹570.69

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 October 15, 2024, Savita Oil Technologies Ltd is Undervalued by 3.01% compared to the current share price ₹554.00

Last 5 Year EPS CAGR: -2.78%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 20.42%, which is a positive sign.
  2. The company has higher reserves (884.58 cr) compared to borrowings (26.08 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (1.77 cr) and profit (181.77 cr) over the years.
  1. The stock has a high average Working Capital Days of 81.83, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 82.75, 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 Savita Oil Technologies Ltd:
    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: 27.46%)
      • 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: 19.92%)
      • 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: 20 (Industry average Stock P/E: 20.86)
      • 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.
INDUSTRYADDRESSCONTACT
Lubricants66/67, Nariman Bhavan, Nariman Point, Mumbai Maharashtra 400021legal@savita.com
http://www.savita.com
Management
NamePosition Held
Mr. Gautam N MehraChairman & Managing Director
Mr. Siddharth G MehraWhole Time Director
Mr. Vishal SoodWhole Time Director
Mr. Ravindra N PisharodyIndependent Director
Mr. Hariharan SunderIndependent Director
Ms. Kavita NairIndependent Director

FAQ

What is the latest fair value of Savita Oil Technologies Ltd?

The latest fair value of Savita Oil Technologies Ltd is ₹587.00.

What is the Market Cap of Savita Oil Technologies Ltd?

The Market Cap of Savita Oil Technologies Ltd is 3,824 Cr..

What is the current Stock Price of Savita Oil Technologies Ltd as on 15 October 2024?

The current stock price of Savita Oil Technologies Ltd as on 15 October 2024 is ₹554.

What is the High / Low of Savita Oil Technologies Ltd stocks in FY 2024?

In FY 2024, the High / Low of Savita Oil Technologies Ltd stocks is 655/315.

What is the Stock P/E of Savita Oil Technologies Ltd?

The Stock P/E of Savita Oil Technologies Ltd is 20.0.

What is the Book Value of Savita Oil Technologies Ltd?

The Book Value of Savita Oil Technologies Ltd is 235.

What is the Dividend Yield of Savita Oil Technologies Ltd?

The Dividend Yield of Savita Oil Technologies Ltd is 0.72 %.

What is the ROCE of Savita Oil Technologies Ltd?

The ROCE of Savita Oil Technologies Ltd is 18.7 %.

What is the ROE of Savita Oil Technologies Ltd?

The ROE of Savita Oil Technologies Ltd is 12.4 %.

What is the Face Value of Savita Oil Technologies Ltd?

The Face Value of Savita Oil Technologies Ltd is 2.00.

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 Savita Oil Technologies 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