Share Price and Basic Stock Data
Last Updated: December 31, 2024, 7:56 am
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Shri Ram Switchgears Ltd operates in the electric equipment sector, specifically focusing on switchgear and circuit breaker manufacturing. The company has experienced significant fluctuations in revenue over the years, with sales peaking at ₹68.38 Cr in March 2017 before declining to ₹2.47 Cr by March 2023. The drop in sales reflects a consistent downward trend, particularly evident from the ₹52.89 Cr recorded in March 2015 and the subsequent decline to ₹4.02 Cr in March 2022. The company’s operating profit margin (OPM) has similarly deteriorated, moving from a healthy 21.95% in March 2018 to a negative OPM of -63.97% in March 2023. This decline in revenue and profitability suggests challenges in maintaining market share and efficiency, potentially exacerbated by competition and operational inefficiencies. The company’s ability to reverse this trend hinges on strategic initiatives to enhance product offerings and operational capabilities.
Profitability and Efficiency Metrics
Shri Ram Switchgears Ltd’s profitability metrics portray a concerning picture, with net profit declining consistently from ₹2.25 Cr in March 2018 to a loss of ₹3.87 Cr in March 2023. The operating profit also turned negative in recent years, with a recorded loss of ₹1.58 Cr in March 2023. The interest coverage ratio (ICR) remains unreported, indicating potential challenges in meeting interest obligations. Efficiency metrics have worsened significantly, as evidenced by the cash conversion cycle (CCC), which ballooned to 5,641.14 days in March 2023. This prolonged CCC suggests severe liquidity issues, where the company’s capital is tied up for extended periods, hindering operational flexibility. Additionally, the days payable increased to 1,201.55 days, which may indicate a struggle to manage supplier relationships effectively. Collectively, these metrics highlight the urgent need for operational restructuring to improve profitability and efficiency.
Balance Sheet Strength and Financial Ratios
The balance sheet of Shri Ram Switchgears Ltd reveals a challenging financial position, with total borrowings reaching ₹62.72 Cr against negative reserves of ₹31.23 Cr as of March 2023. This significant level of debt, coupled with negative equity, raises concerns about the company’s solvency and financial health. The company’s total assets stood at ₹53.61 Cr, while its liabilities exceeded this amount, reflecting a precarious balance sheet structure. The return on capital employed (ROCE) also turned negative at -4.07% in March 2023, indicating that the company is failing to generate returns on its capital investments. The operating profit margin (OPM) further reinforces this concern, as it has declined sharply into negative territory, suggesting inefficiencies in cost management. The financial ratios indicate that the company is under considerable strain, necessitating a strategic overhaul to stabilize its financial standing.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Shri Ram Switchgears Ltd remains unclear, with no available data on promoter, FII, DII, or public ownership. This lack of transparency may lead to diminished investor confidence, especially in light of the company’s declining financial performance. The absence of institutional investors can be seen as a red flag, suggesting that larger investors may be wary of the company’s operational difficulties and financial instability. The negative net profit reported in recent years may further deter potential investors, leading to a lack of interest in acquiring shares. Without a robust shareholder base, the company may struggle to raise capital necessary for strategic initiatives and operational improvements. Additionally, the lack of dividends paid out since 2012 indicates a conservative approach to retaining cash, but this may also reflect a scarcity of available funds to reward shareholders.
Outlook, Risks, and Final Insight
The outlook for Shri Ram Switchgears Ltd is fraught with challenges, primarily stemming from its declining sales, profitability, and operational inefficiencies. The substantial borrowings and negative reserves present significant risks that could hinder the company’s ability to navigate potential market recoveries. However, if the company can implement effective restructuring strategies to enhance operational efficiency, there is potential for recovery. Key risks include persistent liquidity issues and market competition, which could further exacerbate financial strains. Conversely, if the company can stabilize its operations and manage costs effectively, it may gradually regain investor confidence and improve its financial metrics. Overall, the path forward requires decisive management actions to address these pressing concerns and reposition the company for sustainable growth.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Shri Ram Switchgears Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Hitachi Energy India Ltd | 96,105 Cr. | 21,563 | 22,450/8,738 | 134 | 1,028 | 0.03 % | 19.4 % | 13.8 % | 2.00 |
| Shri Ram Switchgears Ltd | Cr. | 10.1 | / | 22.2 | 0.00 % | 4.07 % | % | 10.0 | |
| Industry Average | 96,105.00 Cr | 10,786.55 | 134.00 | 525.10 | 0.02% | 11.74% | 13.80% | 6.00 |
Quarterly Result
| Metric |
|---|
| Sales |
| Expenses |
| Operating Profit |
| OPM % |
| Other Income |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| Net Profit |
| EPS in Rs |
Last Updated: February 28, 2025, 5:09 pm
Below is a detailed analysis of the quarterly data for Shri Ram Switchgears Ltd based on the most recent figures () and their trends compared to the previous period:
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: March 6, 2025, 2:52 pm
| Metric | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26.68 | 21.32 | 38.89 | 52.89 | 45.37 | 68.38 | 51.12 | 26.81 | 20.76 | 7.83 | 4.02 | 2.47 |
| Expenses | 26.11 | 18.03 | 35.78 | 48.80 | 41.76 | 57.79 | 39.90 | 19.18 | 17.97 | 17.39 | 17.26 | 4.05 |
| Operating Profit | 0.57 | 3.29 | 3.11 | 4.09 | 3.61 | 10.59 | 11.22 | 7.63 | 2.79 | -9.56 | -13.24 | -1.58 |
| OPM % | 2.14% | 15.43% | 8.00% | 7.73% | 7.96% | 15.49% | 21.95% | 28.46% | 13.44% | -122.09% | -329.35% | -63.97% |
| Other Income | 0.49 | 0.70 | 0.33 | 1.51 | 2.68 | 0.68 | 0.59 | 0.76 | 0.58 | 0.21 | 0.25 | 0.35 |
| Interest | 1.82 | 2.63 | 2.67 | 3.50 | 3.98 | 7.14 | 7.63 | 7.05 | 5.86 | 6.78 | 3.51 | 2.30 |
| Depreciation | 0.26 | 0.16 | 0.16 | 0.27 | 1.03 | 0.85 | 0.72 | 0.57 | 0.49 | 0.40 | 0.32 | 0.27 |
| Profit before tax | -1.02 | 1.20 | 0.61 | 1.83 | 1.28 | 3.28 | 3.46 | 0.77 | -2.98 | -16.53 | -16.82 | -3.80 |
| Tax % | -3.92% | 5.00% | 31.15% | 33.88% | 32.81% | 35.67% | 34.97% | -1.30% | -0.34% | 1.69% | 0.00% | 1.84% |
| Net Profit | -0.98 | 1.14 | 0.42 | 1.21 | 0.85 | 2.11 | 2.25 | 0.77 | -2.97 | -16.81 | -16.83 | -3.87 |
| EPS in Rs | -3.45 | 4.02 | 1.26 | 2.48 | 1.74 | 2.87 | 2.25 | 0.77 | -2.97 | -16.79 | -16.81 | -3.87 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2012-2013 | 2013-2014 | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 216.33% | -63.16% | 188.10% | -29.75% | 148.24% | 6.64% | -65.78% | -485.71% | -465.99% | -0.12% | 77.01% |
| Change in YoY Net Profit Growth (%) | 0.00% | -279.48% | 251.25% | -217.85% | 177.99% | -141.60% | -72.41% | -419.94% | 19.72% | 465.87% | 77.12% |
Shri Ram Switchgears Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -19% |
| 5 Years: | -45% |
| 3 Years: | -51% |
| TTM: | -50% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -9% |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | 11% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Last Updated: September 5, 2025, 1:31 pm
Balance Sheet
Last Updated: Unknown
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.84 | 2.84 | 3.34 | 4.88 | 4.89 | 7.34 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 |
| Reserves | 1.40 | 1.54 | 1.96 | 3.68 | 4.27 | 3.82 | 8.47 | 9.25 | 6.27 | -10.54 | -27.37 | -31.23 |
| Borrowings | 12.87 | 15.38 | 19.11 | 18.87 | 31.68 | 38.39 | 36.67 | 38.65 | 43.78 | 49.18 | 55.48 | 62.72 |
| Other Liabilities | 8.20 | 12.09 | 27.47 | 34.86 | 30.18 | 32.42 | 29.52 | 31.09 | 23.88 | 18.22 | 11.95 | 12.11 |
| Total Liabilities | 25.31 | 31.85 | 51.88 | 62.29 | 71.02 | 81.97 | 84.67 | 89.00 | 83.94 | 66.87 | 50.07 | 53.61 |
| Fixed Assets | 0.79 | 1.21 | 1.75 | 5.79 | 4.71 | 4.12 | 3.45 | 2.88 | 2.61 | 2.21 | 1.67 | 1.40 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 24.49 | 30.61 | 50.10 | 56.47 | 66.28 | 77.85 | 81.22 | 86.12 | 81.33 | 64.66 | 48.40 | 52.21 |
| Total Assets | 25.31 | 31.85 | 51.88 | 62.29 | 71.02 | 81.97 | 84.67 | 89.00 | 83.94 | 66.87 | 50.07 | 53.61 |
Below is a detailed analysis of the balance sheet data for Shri Ram Switchgears Ltd based on the most recent figures (Mar 2023) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2023, the value is 10.01 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2022) which recorded 10.01 Cr..
- For Reserves, as of Mar 2023, the value is -31.23 Cr.. The value appears to be worsening (becoming more negative). It has deteriorated from -27.37 Cr. (Mar 2022) to -31.23 Cr., marking a decline of 3.86 Cr..
- For Borrowings, as of Mar 2023, the value is 62.72 Cr.. The value appears to be increasing, which may not be favorable. However, Reserves are negative, which is a major warning sign. It has increased from 55.48 Cr. (Mar 2022) to 62.72 Cr., marking an increase of 7.24 Cr..
- For Other Liabilities, as of Mar 2023, the value is 12.11 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11.95 Cr. (Mar 2022) to 12.11 Cr., marking an increase of 0.16 Cr..
- For Total Liabilities, as of Mar 2023, the value is 53.61 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 50.07 Cr. (Mar 2022) to 53.61 Cr., marking an increase of 3.54 Cr..
- For Fixed Assets, as of Mar 2023, the value is 1.40 Cr.. The value appears to be declining and may need further review. It has decreased from 1.67 Cr. (Mar 2022) to 1.40 Cr., marking a decrease of 0.27 Cr..
- For CWIP, as of Mar 2023, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2022) which recorded 0.00 Cr..
- For Investments, as of Mar 2023, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2022) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2023, the value is 52.21 Cr.. The value appears strong and on an upward trend. It has increased from 48.40 Cr. (Mar 2022) to 52.21 Cr., marking an increase of 3.81 Cr..
- For Total Assets, as of Mar 2023, the value is 53.61 Cr.. The value appears strong and on an upward trend. It has increased from 50.07 Cr. (Mar 2022) to 53.61 Cr., marking an increase of 3.54 Cr..
However, the Borrowings (62.72 Cr.) are higher than the Reserves (-31.23 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -12.30 | -12.09 | -16.00 | -14.78 | -28.07 | -27.80 | -25.45 | -31.02 | -40.99 | -58.74 | -68.72 | -64.30 |
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.
Financial Efficiency Indicators
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99.18 | 198.76 | 110.94 | 191.78 | 280.69 | 224.94 | 321.16 | 543.35 | 587.41 | 1,423.64 | 2,476.92 | 3,920.43 |
| Inventory Days | 123.68 | 309.09 | 296.60 | 163.90 | 201.40 | 198.61 | 320.94 | 919.48 | 877.62 | 601.64 | 336.32 | 2,922.27 |
| Days Payable | 128.43 | 263.01 | 171.23 | 86.03 | 220.76 | 143.13 | 226.86 | 478.85 | 321.88 | 251.76 | 139.35 | 1,201.55 |
| Cash Conversion Cycle | 94.44 | 244.84 | 236.30 | 269.65 | 261.33 | 280.42 | 415.24 | 983.98 | 1,143.15 | 1,773.52 | 2,673.88 | 5,641.14 |
| Working Capital Days | 135.30 | 273.24 | 280.81 | 106.48 | 162.19 | 114.18 | 230.05 | 498.42 | 639.63 | 1,545.31 | 1,444.56 | 3,539.17 |
| ROCE % | 20.78% | 14.85% | 20.56% | 15.12% | 22.79% | 21.18% | 13.80% | 4.53% | -17.94% | -31.05% | -4.07% |
No data available for the Shareholding
No data available for the Shareholding Pattern chart.
No data available for the No. of Shareholders chart.
This stock is not held by any mutual fund.
No data available for the key financial ratios table.
No data available for the profitability ratios chart.
No data available for the liquidity ratios chart.
No data available for the liquidity ratios percentage chart.
No data available for the coverage ratios chart.
No data available for the valuation ratios chart.
Error: Data is incomplete for fair value calculation.Strength and Weakness
Unable to fetch valid data for stock valuation.About the Company
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Electric Equipment - Switchgear/Circuit Breaker | Shri Ram Bhawan, Ratlam Madhya Pradesh 457001 | info@shriramswitchgears.com http://www.shriramswitchgears.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Rohit Kumar Jhalani | Whole Time Director |
| Mr. Nilesh Jhalani | Managing Director |
| Mr. Devraj Jhalani | Whole Time Director |
| Ms. Sapna Jhalani | Non Executive Director |
| Mr. Atul Khandelwal | Independent Director |
| Mr. Mudit Gupta | Independent Director |
Shri Ram Switchgears Ltd. Share Price Update | |
|---|---|
| Share Price | Value |
| Today | ₹6.30 |
| Previous Day | ₹6.30 |
FAQ
What is the intrinsic value of Shri Ram Switchgears Ltd?
Shri Ram Switchgears Ltd's intrinsic value (as of 21 July 2025) is 50.95 404.46% higher the current market price of 10.10, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's Cr. market cap, FY2025-2026 high/low of /, reserves of -31.23 Cr, and liabilities of 53.61 Cr.
What is the Market Cap of Shri Ram Switchgears Ltd?
The Market Cap of Shri Ram Switchgears Ltd is Cr..
What is the current Stock Price of Shri Ram Switchgears Ltd as on 21 July 2025?
The current stock price of Shri Ram Switchgears Ltd as on 21 July 2025 is 10.1.
What is the High / Low of Shri Ram Switchgears Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Shri Ram Switchgears Ltd stocks is ₹/.
What is the Stock P/E of Shri Ram Switchgears Ltd?
The Stock P/E of Shri Ram Switchgears Ltd is .
What is the Book Value of Shri Ram Switchgears Ltd?
The Book Value of Shri Ram Switchgears Ltd is 22.2.
What is the Dividend Yield of Shri Ram Switchgears Ltd?
The Dividend Yield of Shri Ram Switchgears Ltd is 0.00 %.
What is the ROCE of Shri Ram Switchgears Ltd?
The ROCE of Shri Ram Switchgears Ltd is 4.07 %.
What is the ROE of Shri Ram Switchgears Ltd?
The ROE of Shri Ram Switchgears Ltd is %.
What is the Face Value of Shri Ram Switchgears Ltd?
The Face Value of Shri Ram Switchgears Ltd is 10.0.