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Last Updated on: 11 October, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Shri Ram Switchgears Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: July 26, 2024, 11:17 am

Market Cap 10.1 Cr.
Current Price 10.1
High / Low/
Stock P/E
Book Value 22.2
Dividend Yield0.00 %
ROCE4.07 %
ROE%
Face Value 10.0
PEG Ratio0.00

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

View Share Price Target for Shri Ram Switchgears Ltd

Competitors of Shri Ram Switchgears Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Shri Ram Switchgears Ltd 10.1 Cr. 10.1/ 22.20.00 %4.07 %% 10.0
Industry Average0 Cr10.10022.200.00%4.07%0%10.00

All Competitor Stocks of Shri Ram Switchgears Ltd

Quarterly Result

MonthMar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023
Sales18.3411.3711.061.187.871.572.761.461.260.85
Expenses14.757.6411.992.9515.663.8513.722.202.091.06
Operating Profit3.593.73-0.93-1.77-7.79-2.28-10.96-0.74-0.83-0.21
OPM %19.57%32.81%-8.41%-150.00%-98.98%-145.22%-397.10%-50.68%-65.87%-24.71%
Other Income0.720.350.220.050.160.160.090.030.310.01
Interest3.603.702.162.444.341.502.011.181.120.70
Depreciation0.290.230.250.230.180.160.160.160.100.13
Profit before tax0.420.15-3.12-4.39-12.15-3.78-13.04-2.05-1.74-1.03
Tax %0.00%20.00%1.28%0.00%-2.30%-0.26%0.08%0.00%-4.02%0.00%
Net Profit0.420.11-3.09-4.39-12.42-3.79-13.03-2.05-1.82-1.03
EPS in Rs0.420.11-3.09-4.39-12.41-3.79-13.02-2.05-1.82-1.03

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales26.6821.3238.8952.8945.3768.3851.1226.8120.767.834.022.472.11
Expenses26.1118.0335.7848.8041.7657.7939.9019.1817.9717.3917.264.053.15
Operating Profit0.573.293.114.093.6110.5911.227.632.79-9.56-13.24-1.58-1.04
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%-49.29%
Other Income0.490.700.331.512.680.680.590.760.580.210.250.350.32
Interest1.822.632.673.503.987.147.637.055.866.783.512.301.82
Depreciation0.260.160.160.271.030.850.720.570.490.400.320.270.23
Profit before tax-1.021.200.611.831.283.283.460.77-2.98-16.53-16.82-3.80-2.77
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-0.981.140.421.210.852.112.250.77-2.97-16.81-16.83-3.87-2.85
EPS in Rs-3.454.021.262.481.742.872.250.77-2.97-16.79-16.81-3.87-2.85
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%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
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:-9%
3 Years:-9%
1 Year:%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Equity Capital2.842.843.344.884.897.3410.0110.0110.0110.0110.0110.01
Reserves1.401.541.963.684.273.828.479.256.27-10.54-27.37-31.23
Borrowings12.8715.3819.1118.8731.6838.3936.6738.6543.7849.1855.4862.72
Other Liabilities8.2012.0927.4734.8630.1832.4229.5231.0923.8818.2211.9512.11
Total Liabilities25.3131.8551.8862.2971.0281.9784.6789.0083.9466.8750.0753.61
Fixed Assets0.791.211.755.794.714.123.452.882.612.211.671.40
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.030.030.030.030.030.000.000.000.000.000.000.00
Other Assets24.4930.6150.1056.4766.2877.8581.2286.1281.3364.6648.4052.21
Total Assets25.3131.8551.8862.2971.0281.9784.6789.0083.9466.8750.0753.61

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1.48-3.70-0.5210.510.199.43-1.822.853.62-7.13-5.18-6.02
Cash from Investing Activity 0.60-0.14-0.43-5.201.380.060.02-0.01-0.070.100.320.09
Cash from Financing Activity 2.63-0.121.57-2.20-0.40-10.150.22-1.75-3.644.323.154.96
Net Cash Flow4.71-3.960.623.111.17-0.66-1.581.09-0.10-2.72-1.71-0.96

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days99.18198.76110.94191.78280.69224.94321.16543.35587.411,423.642,476.923,920.43
Inventory Days123.68309.09296.60163.90201.40198.61320.94919.48877.62601.64336.322,922.27
Days Payable128.43263.01171.2386.03220.76143.13226.86478.85321.88251.76139.351,201.55
Cash Conversion Cycle94.44244.84236.30269.65261.33280.42415.24983.981,143.151,773.522,673.885,641.14
Working Capital Days135.30273.24280.81192.54263.79206.41350.65731.77977.552,227.293,581.906,515.32
ROCE %20.78%14.85%20.56%15.12%22.79%21.18%13.80%4.53%-17.94%-31.05%-4.07%

Financial Efficiency Indicators Chart

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

ROCE Trend

EPS Trend

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.

Fair Value

Fair Value of Shri Ram Switchgears Ltd as of October 11, 2024 is: ₹50.95

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 11, 2024, Shri Ram Switchgears Ltd is Undervalued by 404.46% compared to the current share price ₹10.10

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Intrinsic Value of Shri Ram Switchgears Ltd as of October 11, 2024 is: ₹52.12

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 11, 2024, Shri Ram Switchgears Ltd is Undervalued by 416.04% compared to the current share price ₹10.10

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 2.29%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.
Financial or basic stock data is empty.

About the Company - Qualitative Analysis

Shri Ram Switchgears Ltd. is a Public Limited Listed company incorporated on 06/09/1985 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L31200MP1985PLC003026 and registration number is 003026. Currently Company is involved in the business activities of Manufacture of electric power distribution transformers, arc-welding transformers, fluorescent ballasts, transmission and distribution voltage regulators. Company’s Total Operating Revenue is Rs. 4.33 Cr. and Equity Capital is Rs. 10.01 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Electric Equipment - Switchgear/Circuit BreakerShri Ram Bhawan, Ratlam Madhya Pradesh 457001info@shriramswitchgears.com
http://www.shriramswitchgears.com
Management
NamePosition Held
Mr. Rohit Kumar JhalaniWhole Time Director
Mr. Nilesh JhalaniManaging Director
Mr. Devraj JhalaniWhole Time Director
Ms. Sapna JhalaniNon Executive Director
Mr. Atul KhandelwalIndependent Director
Mr. Mudit GuptaIndependent Director

FAQ

What is the latest fair value of Shri Ram Switchgears Ltd?

The latest fair value of Shri Ram Switchgears Ltd is ₹50.95.

What is the Market Cap of Shri Ram Switchgears Ltd?

The Market Cap of Shri Ram Switchgears Ltd is 10.1 Cr..

What is the current Stock Price of Shri Ram Switchgears Ltd as on 20 August 2024?

The current stock price of Shri Ram Switchgears Ltd as on 20 August 2024 is 10.1.

What is the High / Low of Shri Ram Switchgears Ltd stocks in FY 2024?

In FY 2024, 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.

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 Shri Ram Switchgears 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