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Last Updated on: 21 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Shiv Aum Steels Ltd

Basic Stock Data

Last Updated: June 21, 2024, 3:33 pm

Market Cap 424 Cr.
Current Price 312
High / Low325/300
Stock P/E41.7
Book Value 77.9
Dividend Yield0.00 %
ROCE13.3 %
ROE10.6 %
Face Value 10.0
PEG Ratio2.79

Competitors of Shiv Aum Steels Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Sakuma Exports Ltd 1,067 Cr. 34.037.6/13.126.7 15.40.15 %10.0 %8.93 % 1.00
Oswal Agro Mills Ltd 642 Cr. 47.859.0/24.0140 62.40.00 %0.48 %0.55 % 10.0
Arunjyoti Bio Ventures Ltd 149 Cr. 80.090.7/23.5 0.950.00 %1.80 %18.0 % 10.0
Ace Men Engg Works Ltd 13.9 Cr. 45.070.5/40.6 12.30.00 %1.06 %0.80 % 10.0
Dhruv Wellness Ltd 11.8 Cr. 11.221.4/10.4 13.50.00 %0.37 %% 10.0
Industry Average8,714.84 Cr216.7742.89101.130.14%14.85%10.27%8.57

Quarterly Result

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
Sales16517077190186221235261279269
Expenses16316474186174213219253267261
Operating Profit2625128168118
OPM %1%4%3%2%7%4%7%3%4%3%
Other Income4001001111
Interest3222222334
Depreciation0000000000
Profit before tax240310614594
Tax %12%25%25%29%24%25%25%28%25%27%
Net Profit23028510473
EPS in Rs1.512.220.071.515.803.387.712.825.182.30

Last Updated: June 9, 2024, 10:04 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 27, 2024, 6:03 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales279362343287242273372339267407496548
Expenses277357339284240264361327260386472528
Operating Profit26332811127212419
OPM %1%2%1%1%1%3%3%4%3%5%5%3%
Other Income046575611112
Interest076545764457
Depreciation000011110111
Profit before tax233348963171914
Tax %31%31%34%33%27%32%35%20%28%24%26%25%
Net Profit222235652121410
EPS in Rs3.284.103.603.622.935.465.723.731.609.1810.537.48
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)0.00%0.00%0.00%50.00%66.67%20.00%-16.67%-60.00%500.00%16.67%-28.57%
Change in YoY Net Profit Growth (%)0.00%0.00%0.00%50.00%16.67%-46.67%-36.67%-43.33%560.00%-483.33%-45.24%

Growth

Compounded Sales Growth
10 Years:4%
5 Years:8%
3 Years:27%
TTM:10%
Compounded Profit Growth
10 Years:17%
5 Years:12%
3 Years:67%
TTM:-29%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:81%
1 Year:4%
Return on Equity
10 Years:11%
5 Years:12%
3 Years:14%
Last Year:11%

Last Updated: June 17, 2024, 2:14 am

Shiv Aum Steels Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital555551010101414141414
Reserves21222426282531375355688289
Borrowings41636039484063775350465967
Other Liabilities1210115655742788
Total Liabilities79100100768680109131124121134163178
Fixed Assets1111665766664
CWIP0000000000000
Investments151110101222000468
Other Assets638889656873102124117115124152165
Total Assets79100100768680109131124121134163178

Reserves and Borrowings Chart

Shiv Aum Steels Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -10-191323-1-0-17-236446
Cash from Investing Activity -241-0-212-14-01-4-1
Cash from Financing Activity 1015-11-263-121914-6-4-4-5
Net Cash Flow-204-40-0-0-501-40

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-61.00-54.00-36.00-45.00-38.00-55.00-66.00-41.00-43.00-25.00-35.00-50.00

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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days656757474960776561583126
Inventory Days29203546554751847273
Days Payable10331211010
Cash Conversion Cycle656776648110513011111014210298
Working Capital Days8410174637897127111118148105105
ROCE %3%3%11%11%10%8%14%14%10%6%17%17%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Dec 2021Mar 2022Sep 2022Mar 2023Sep 2023
Promoters73.53%73.53%73.53%73.53%73.53%73.53%73.53%73.53%73.53%73.53%
Public26.47%26.47%26.47%26.47%26.47%26.48%26.47%26.47%26.47%26.47%
No. of Shareholders362636366655556535063

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)10.539.181.594.285.72
Diluted EPS (Rs.)10.539.181.594.285.73
Cash EPS (Rs.)10.959.641.924.126.37
Book Value[Excl.RevalReserv]/Share (Rs.)70.4059.8850.6949.1046.63
Book Value[Incl.RevalReserv]/Share (Rs.)70.4059.8850.6949.1046.63
Revenue From Operations / Share (Rs.)364.64299.13196.31249.37371.71
PBDIT / Share (Rs.)18.4115.665.709.3316.06
PBIT / Share (Rs.)17.9915.215.378.9415.42
PBT / Share (Rs.)14.2312.152.224.688.78
Net Profit / Share (Rs.)10.539.181.593.735.72
PBDIT Margin (%)5.045.232.903.744.32
PBIT Margin (%)4.935.082.733.584.14
PBT Margin (%)3.904.061.131.872.36
Net Profit Margin (%)2.883.070.811.491.53
Return on Networth / Equity (%)14.9515.333.147.5912.27
Return on Capital Employeed (%)23.3022.859.3615.9721.73
Return On Assets (%)8.789.301.784.094.38
Long Term Debt / Equity (X)0.090.100.120.130.51
Total Debt / Equity (X)0.610.560.720.791.65
Asset Turnover Ratio (%)3.343.182.182.673.10
Current Ratio (X)2.642.832.662.442.05
Quick Ratio (X)1.111.201.381.531.30
Inventory Turnover Ratio (X)0.000.130.140.000.00
Interest Coverage Ratio (X)4.905.111.812.192.42
Interest Coverage Ratio (Post Tax) (X)3.804.001.511.871.86
Enterprise Value (Cr.)350.94181.49120.25111.280.00
EV / Net Operating Revenue (X)0.700.440.450.320.00
EV / EBITDA (X)14.028.5215.528.770.00
MarketCap / Net Operating Revenue (X)0.580.330.280.180.00
Price / BV (X)3.051.671.080.910.00
Price / Net Operating Revenue (X)0.580.330.280.180.00
EarningsYield0.040.090.020.080.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 351.22

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.

Undervalued: 12.57% compared to the current price 312

Intrinsic Value: 403.66

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 29.38% compared to the current price ₹312

Last 5 Year EPS CAGR: 14.93%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (351.25 cr) and profit (7.58 cr) over the years.
  1. The stock has a low average ROCE of 10.33%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 100.92, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 95.92, which may not be favorable.
  4. The company has higher borrowings (55.58) compared to reserves (45.25), which may suggest financial risk.

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 Shiv Aum Steels Ltd:
    1. Net Profit Margin: 2.88%
      • 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: 23.30% (Industry Average ROCE: %)
      • 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%: 14.95% (Industry Average ROE: %)
      • 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): 3.80
      • 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: 1.11
      • 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: 41.7 (Industry average Stock P/E: )
      • 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: 0.61
      • 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

Shiv Aum Steels Ltd. is a Public Limited Listed company incorporated on 11/03/2002 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L27105MH2002PLC135117 and registration number is 135117. Currently Company is involved in the business activities of Manufacture of other basic iron and steel n.e.c. Company’s Total Operating Revenue is Rs. 406.83 Cr. and Equity Capital is Rs. 13.60 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Trading & Distributors515, The Summit Business Bay, Mumbai Maharashtra 400093info@shivaumsteels.com
http://www.shivaumsteels.com
Management
NamePosition Held
Mr. Jatin N MehtaWhole Time Director
Mr. Ajay N BansalWhole Time Director
Mr. Krishna N MehtaWhole Time Director
Mr. Harsh LapsiaIndependent Director
Mr. Ankit S MehtaIndependent Director
Mr. Sanjay N BansalWhole Time Director
Mrs. Vanita S BansalNon Executive Director
Mrs. Niyati MehtaNon Executive Director
Mr. Rishabh J MehtaWhole Time Director
Mr. Utsav S BansalWhole Time Director
Ms. Bharti DagaIndependent Director
Mr. Pramod BasrurIndependent Director

FAQ

What is the latest fair value of Shiv Aum Steels Ltd?

The latest fair value of Shiv Aum Steels Ltd is ₹351.22.

What is the Market Cap of Shiv Aum Steels Ltd?

The Market Cap of Shiv Aum Steels Ltd is 424 Cr..

What is the current Stock Price of Shiv Aum Steels Ltd as on 21 June 2024?

The current stock price of Shiv Aum Steels Ltd as on 21 June 2024 is ₹312.

What is the High / Low of Shiv Aum Steels Ltd stocks in FY 2024?

In FY 2024, the High / Low of Shiv Aum Steels Ltd stocks is 325/300.

What is the Stock P/E of Shiv Aum Steels Ltd?

The Stock P/E of Shiv Aum Steels Ltd is 41.7.

What is the Book Value of Shiv Aum Steels Ltd?

The Book Value of Shiv Aum Steels Ltd is 77.9.

What is the Dividend Yield of Shiv Aum Steels Ltd?

The Dividend Yield of Shiv Aum Steels Ltd is 0.00 %.

What is the ROCE of Shiv Aum Steels Ltd?

The ROCE of Shiv Aum Steels Ltd is 13.3 %.

What is the ROE of Shiv Aum Steels Ltd?

The ROE of Shiv Aum Steels Ltd is 10.6 %.

What is the Face Value of Shiv Aum Steels Ltd?

The Face Value of Shiv Aum Steels Ltd is 10.0.

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 Shiv Aum Steels 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