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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Savita Oil Technologies Ltd

About the Company - Savita Oil Technologies Ltd

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
Chemicals - Speciality - Others66/67, Nariman Bhavan, Nariman Point, Mumbai Maharashtra 400021legal@savita.com
http://www.savita.com
Management
NamePosition Held
Mr. G N MehraChairman & Managing Director
Mr. S M DixitWholeTime Director & CFO
Mr. S G MehraWhole Time Director
Mrs. M C DalalIndependent Director
Mr. R N PisharodyIndependent Director
Mr. H SunderIndependent Director

Savita Oil Technologies Ltd. Share Price Update

Share PriceValue
Today₹396.60
Previous Day₹397.70

Basic Stock Data of Savita Oil Technologies Ltd

Market Cap 3,124 Cr.
Current Price 452
High / Low485/232
Stock P/E15.0
Book Value 221
Dividend Yield0.85 %
ROCE24.2 %
ROE16.1 %
Face Value 2.00

Data Source: screener.in

Competitors of Savita Oil Technologies Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Mangalam Global Enterprise Ltd 314 Cr. 21.828.2/11.519.4 8.630.09 %10.8 %13.8 % 2.00
Apar Industries Ltd 25,129 Cr. 6,2566,542/2,10030.2 6130.63 %51.1 %32.3 % 10.0
Pidilite Industries Ltd 1,40,201 Cr. 2,7572,805/2,25082.0 1480.40 %23.8 %18.7 % 1.00
Gujarat Fluorochemicals Ltd 39,454 Cr. 3,5923,920/2,53759.2 5240.11 %29.6 %27.0 % 1.00
Omkar Speciality Chemicals Ltd 17.4 Cr. 8.4512.4/6.80 83.00.00 %10.5 %% 10.0
Industry Average41,023.08 Cr2,527.0538.16275.330.25%25.16%18.36%4.80

Savita Oil Technologies Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales481535633606690738794901865890956920889
Expenses432430502498613666706769767850907851829
Operating Profit491051311077772891329840486960
OPM %10%20%21%18%11%10%11%15%11%5%5%8%7%
Other Income8126789451010131714
Interest123644681011799
Depreciation5555555555655
Profit before tax511091291047772821249334497360
Tax %26%26%26%26%27%22%27%27%25%22%26%24%21%
Net Profit38819578565760917027365648
EPS in Rs5.3411.5213.4311.228.128.188.6613.1410.103.875.278.056.88

Savita Oil Technologies Ltd Quarterly Chart

Savita Oil Technologies Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,8971,9852,0661,8351,4841,4961,7822,2612,0441,9112,9373,6293,655
Expenses1,7721,8691,9131,7731,3951,3411,5952,0641,8891,6102,5783,2933,437
Operating Profit1251161536289155186197155300358336218
OPM %7%6%7%3%6%10%10%9%8%16%12%9%6%
Other Income1470739101310181232312354
Interest1310634126141429209193535
Depreciation25253034302826242220212120
Profit before tax100151133-443126156163125303348303217
Tax %32%31%32%70%15%26%19%30%23%26%25%25%
Net Profit6810390-1369412611496224260226166
EPS in Rs9.3214.1512.29-0.174.9512.8217.6315.9613.5931.8137.7032.6624.07
Dividend Payout %32%25%28%-288%20%21%3%3%29%9%13%12%

Savita Oil Technologies Ltd Profit & Loss Yearly Chart

Savita Oil Technologies Ltd Growth

Compounded Sales Growth
10 Years:6%
5 Years:15%
3 Years:21%
TTM:7%
Compounded Profit Growth
10 Years:13%
5 Years:12%
3 Years:33%
TTM:-17%
Stock Price CAGR
10 Years:19%
5 Years:17%
3 Years:27%
1 Year:77%
Return on Equity
10 Years:15%
5 Years:17%
3 Years:20%
Last Year:16%

Savita Oil Technologies Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital15151515151514141414141414
Reserves4234975565505776477288378551,0781,2441,4351,511
Borrowings6978966442226410000
Other Liabilities688541869519417461536576561641731815861
Total Liabilities1,1951,1291,5351,1491,0511,1441,2841,4311,4311,7331,9892,2642,386
Fixed Assets207211287265235230210202189185184180174
CWIP2215131238152039
Investments2332123036192469177271468326402
Other Assets9638641,2318537768941,0491,1581,0581,2771,3321,7381,771
Total Assets1,1951,1291,5351,1491,0511,1441,2841,4311,4311,7331,9892,2642,386

Savita Oil Technologies Ltd Reserves and Borrowings Chart

Savita Oil Technologies Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 4278127125765597128177124369-64
Cash from Investing Activity -1-54-66-26-9-3-9-51-116-84-298124
Cash from Financing Activity -43-24-71-102-68-55-75-34-102-20-76-69
Net Cash Flow-10-10-2-2-41343-4121-4-9

Savita Oil Technologies Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days858393939510311093911047375
Inventory Days1047213470981361149110416095103
Days Payable1349615910310812612710611715210292
Cash Conversion Cycle55596960851129879781126787
Working Capital Days445460618310210184841116787
ROCE %23%18%22%5%11%21%24%23%16%31%31%24%

Savita Oil Technologies Ltd Financial Efficiency Indicators Chart

Savita Oil Technologies Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters71.75%71.81%71.81%71.81%71.81%71.81%71.81%71.81%71.92%71.92%71.92%71.92%
FIIs3.13%0.39%1.14%1.73%1.55%1.60%1.78%1.87%1.92%1.86%1.73%1.41%
DIIs9.08%8.45%7.77%7.45%7.39%7.40%7.40%7.40%7.40%7.72%7.42%7.40%
Public16.04%19.35%19.28%19.01%19.25%19.20%19.02%18.93%18.76%18.50%18.95%19.28%
No. of Shareholders29,90918,16920,53121,30421,77021,74527,23329,31529,27529,05728,99928,210

Savita Oil Technologies Ltd Shareholding Pattern Chart

No. of Savita Oil Technologies Ltd Shareholders

Savita Oil Technologies Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
HDFC Balanced Advantage Fund - Regular Plan51109350.25179.93

Savita Oil Technologies Ltd ROCE Trend

Savita Oil Technologies Ltd EPS Trend

Savita Oil Technologies Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.0010.0010.0010.0010.00
Basic EPS (Rs.)32.66180.51159.1667.5579.79
Diluted EPS (Rs.)32.66180.51159.1667.5579.79
Cash EPS (Rs.)35.64195.51173.5183.7796.22
Book Value[Excl.RevalReserv]/Share (Rs.)209.70924.34775.96617.28594.61
Book Value[Incl.RevalReserv]/Share (Rs.)209.70924.34775.96617.28594.61
Dividend / Share (Rs.)4.0025.0015.0020.002.50
Revenue From Operations / Share (Rs.)525.382046.531359.041454.171579.74
PBDIT / Share (Rs.)51.92270.71236.10118.66150.25
PBIT / Share (Rs.)48.94256.09221.75102.86133.82
PBT / Share (Rs.)43.81242.52215.4188.66113.61
Net Profit / Share (Rs.)32.66180.88159.1667.9779.78
PBDIT Margin (%)9.8813.2217.378.159.51
PBIT Margin (%)9.3112.5116.317.078.47
PBT Margin (%)8.3311.8515.846.097.19
Net Profit Margin (%)6.218.8311.714.675.05
Return on Networth / Equity (%)15.5719.5620.5111.0113.41
Return on Capital Employeed (%)23.1827.5128.3216.4822.10
Return On Assets (%)9.9712.6112.926.687.98
Asset Turnover Ratio (%)1.711.521.211.431.67
Current Ratio (X)2.432.312.382.202.15
Quick Ratio (X)1.401.541.441.391.38
Inventory Turnover Ratio (X)4.113.852.533.454.11
Dividend Payout Ratio (NP) (%)15.300.000.003.673.13
Dividend Payout Ratio (CP) (%)14.020.000.002.982.59
Earning Retention Ratio (%)84.700.000.0096.3396.87
Cash Earning Retention Ratio (%)85.980.000.0097.0297.41
Interest Coverage Ratio (X)10.1319.9637.228.357.43
Interest Coverage Ratio (Post Tax) (X)7.3714.3326.095.784.95
Enterprise Value (Cr.)1584.521400.351318.50879.181647.51
EV / Net Operating Revenue (X)0.430.490.680.420.72
EV / EBITDA (X)4.423.743.975.277.66
MarketCap / Net Operating Revenue (X)0.450.510.710.440.75
Retention Ratios (%)84.690.000.0096.3296.86
Price / BV (X)1.131.141.261.042.01
Price / Net Operating Revenue (X)0.450.510.710.440.75
EarningsYield0.130.170.160.100.06

Savita Oil Technologies Ltd Profitability Ratios (%)

Savita Oil Technologies Ltd Liquidity Ratios

Savita Oil Technologies Ltd Liquidity Ratios (%)

Savita Oil Technologies Ltd Interest Coverage Ratios (X)

Savita Oil Technologies Ltd Valuation Ratios

Fair Value / Intrinsic Value of Savita Oil Technologies Ltd

Fair Value: ₹538.25

The stock is undervalued by 19.08% compared to the current price ₹452

*Investments are subject to market risks

Strength and Weakness of Savita Oil Technologies Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 20.75%, which is a positive sign.
  2. The company has higher reserves (841.38 cr) compared to borrowings (29.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (1.62 cr) and profit (166.46 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 165.53 and average Dividend Yield of 10.73%.
  2. The stock has a high average Working Capital Days of 78.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 80.08, which may not be favorable.

Should I Buy Savita Oil Technologies Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Savita Oil Technologies Ltd:
    1. Net Profit Margin: 6.21%
      • 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: 23.18% (Industry Average ROCE: 21.28%)
      • 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): 7.37
      • 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: 1.40
      • 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: 14.5 (Industry average Stock P/E: 34.96)
      • 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: N/A
      • 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 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