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

Fundamental Analysis of SIL Investments Ltd

About the Company - SIL Investments Ltd

SIL Investments Ltd. is a Public Limited Listed company incorporated on 22/11/1934 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L17301RJ1934PLC002761 and registration number is 002761. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs. 42.81 Cr. and Equity Capital is Rs. 10.61 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsPachpahar Road, Bhawanimandi Rajasthan 326502investor.grievances@silinvestments.in
http://www.silinvestments.in
Management
NamePosition Held
Mr. C S NopanyChairman
Mrs. Shalini NopanyManaging Director
Mr. Brij Mohan AgarwalDirector-In-Charge
Mr. Sanjay GoenkaDirector
Mr. Abhrajit DuttaDirector
Mr. Shrikant MantriDirector

SIL Investments Ltd. Share Price Update

Share PriceValue
Today₹437.30
Previous Day₹450.80

Basic Stock Data of SIL Investments Ltd

Market Cap 494 Cr.
Current Price 466
High / Low492/245
Stock P/E12.4
Book Value 1,849
Dividend Yield0.53 %
ROCE1.94 %
ROE1.39 %
Face Value 10.0

Data Source: screener.in

Competitors of SIL Investments Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Abhishek Finlease Ltd 14.0 Cr. 32.843.7/20.493.1 10.10.00 %3.33 %2.17 % 10.0
IIFL Finance Ltd 23,036 Cr. 604704/40812.8 2600.65 %11.5 %19.4 % 2.00
Adcon Capital Services Ltd 23.7 Cr. 1.272.96/1.2798.8 0.960.00 %3.93 %3.99 % 1.00
Sastasundar Ventures Ltd 1,170 Cr. 368507/190 2350.00 %10.9 %8.57 % 10.0
Prime Securities Ltd 604 Cr. 182202/92.329.7 41.20.28 %11.6 %8.35 % 5.00
Industry Average4,969.54 Cr237.6146.88109.450.19%8.25%8.50%5.60

SIL Investments Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales6143323617-120520321
Expenses1131123122222
Operating Profit5130221415-318318219
OPM %80%90%1%72%94%69%84%90%64%92%52%91%
Other Income0400001050011
Interest0000011111100
Depreciation0000000000000
Profit before tax5170321314-422217219
Tax %30%16%2,178%26%18%38%15%-13%21%64%16%22%32%
Net Profit414-2218212-418114213
EPS in Rs3.3313.36-1.801.7416.451.8911.09-3.8216.660.5913.481.4912.17

SIL Investments Ltd Quarterly Chart

SIL Investments Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales313229272632178263928494449
Expenses1412345556777
Operating Profit292727252329174213422423742
OPM %95%86%95%94%89%89%97%81%87%78%86%85%86%
Other Income1112111475162
Interest18161310864000142
Depreciation0001000000122
Profit before tax121115161523171254027413841
Tax %14%21%17%21%11%15%20%18%11%23%19%24%
Net Profit11912121319136203621332930
EPS in Rs9.998.2211.2211.5912.6117.97127.6918.8733.2219.1631.1526.5027.73
Dividend Payout %13%15%11%11%10%8%1%8%8%13%8%9%

SIL Investments Ltd Profit & Loss Yearly Chart

SIL Investments Ltd Growth

Compounded Sales Growth
10 Years:3%
5 Years:-24%
3 Years:4%
TTM:59%
Compounded Profit Growth
10 Years:12%
5 Years:-27%
3 Years:-7%
TTM:53%
Stock Price CAGR
10 Years:27%
5 Years:23%
3 Years:32%
1 Year:50%
Return on Equity
10 Years:4%
5 Years:2%
3 Years:2%
Last Year:1%

SIL Investments Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital11111111111111111111111111
Reserves1591661761871982173511,0047351,2592,3431,6881,949
Borrowings14011190806772000049460
Other Liabilities12121112121116231569266145190
Total Liabilities3212992882892883113771,0377611,3392,6681,8892,149
Fixed Assets17171716161616161615979595
CWIP00000000000412
Investments1401351391401411432289436461,1952,4301,7161,972
Other Assets16314713213413215213379991281417471
Total Assets3212992882892883113771,0377611,3392,6681,8892,149

SIL Investments Ltd Reserves and Borrowings Chart

Abhishek Finlease Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -6-9-3-7-5-10-756824-1730100
Cash from Investing Activity 5114971379-63-617-64-88
Cash from Financing Activity -1-2-2-2-2-2-2-2-2-346-6
Net Cash Flow-3-0-00012316-3136

SIL Investments Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days130120000000
Inventory Days
Days Payable
Cash Conversion Cycle130120000000
Working Capital Days1,8731,6511,6381,7721,8071,665250446392217
ROCE %10%9%10%9%8%10%51%4%4%3%2%2%

SIL Investments Ltd Financial Efficiency Indicators Chart

SIL Investments Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters62.75%62.75%62.85%62.85%63.79%63.79%63.79%63.79%63.79%63.79%63.79%63.79%
DIIs0.06%0.06%0.06%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%0.05%
Public37.19%37.19%37.10%37.10%36.15%36.15%36.15%36.16%36.16%36.15%36.16%36.15%
No. of Shareholders4,8265,2014,6694,4114,4804,4904,4724,3424,2814,4414,4184,522

SIL Investments Ltd Shareholding Pattern Chart

No. of SIL Investments Ltd Shareholders

This stock is not held by any mutual fund

SIL Investments Ltd ROCE Trend

SIL Investments Ltd EPS Trend

SIL Investments Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)26.5031.1619.1533.2218.87
Diluted EPS (Rs.)26.5031.1619.1533.2218.87
Cash EPS (Rs.)28.6332.2619.8933.9819.53
Book Value[Excl.RevalReserv]/Share (Rs.)1642.202277.391217.06713.98973.41
Book Value[Incl.RevalReserv]/Share (Rs.)1642.202277.391217.06713.98973.41
Revenue From Operations / Share (Rs.)41.2946.1926.8136.5924.22
PBDIT / Share (Rs.)40.5240.8025.8438.3223.73
PBIT / Share (Rs.)38.8740.0125.4237.8623.30
PBT / Share (Rs.)35.3938.7225.3137.8323.18
Net Profit / Share (Rs.)26.9731.4719.4633.5219.09
NP After MI And SOA / Share (Rs.)26.4731.1319.1333.1918.85
PBDIT Margin (%)98.1388.3296.39104.7197.99
PBIT Margin (%)94.1286.6194.81103.4596.19
PBT Margin (%)85.7083.8394.41103.3795.69
Net Profit Margin (%)65.3268.1472.6091.6278.82
NP After MI And SOA Margin (%)64.1167.3971.3790.6977.81
Return on Networth / Equity (%)1.651.401.594.721.97
Return on Capital Employeed (%)2.231.622.015.272.38
Return On Assets (%)1.481.231.514.621.92
Total Debt / Equity (X)0.020.020.000.000.00
Asset Turnover Ratio (%)0.010.020.020.030.03
Current Ratio (X)38.1651.402992.441628.63240.41
Quick Ratio (X)38.1651.402992.441628.63240.41
Dividend Payout Ratio (NP) (%)9.438.0213.054.517.95
Dividend Payout Ratio (CP) (%)8.877.8212.764.457.77
Earning Retention Ratio (%)90.5791.9886.9595.4992.05
Cash Earning Retention Ratio (%)91.1392.1887.2495.5592.23
Interest Coverage Ratio (X)11.6531.78243.631209.55196.68
Interest Coverage Ratio (Post Tax) (X)8.7625.52184.501059.30159.21
Enterprise Value (Cr.)308.77371.92163.5177.79195.28
EV / Net Operating Revenue (X)7.057.595.752.007.60
EV / EBITDA (X)7.188.605.971.917.76
MarketCap / Net Operating Revenue (X)6.617.287.242.297.17
Retention Ratios (%)90.5691.9786.9495.4892.04
Price / BV (X)0.170.150.160.110.18
Price / Net Operating Revenue (X)6.627.287.242.297.17
EarningsYield0.090.090.090.390.10

SIL Investments Ltd Profitability Ratios (%)

SIL Investments Ltd Liquidity Ratios

SIL Investments Ltd Liquidity Ratios (%)

SIL Investments Ltd Interest Coverage Ratios (X)

SIL Investments Ltd Valuation Ratios

Fair Value / Intrinsic Value of SIL Investments Ltd

Fair Value: ₹320.38

The stock is overvalued by 31.25% compared to the current price ₹466

*Investments are subject to market risks

Strength and Weakness of SIL Investments Ltd

StrengthWeakness
  1. The company has higher reserves (802.46 cr) compared to borrowings (50.38 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (45.38 cr) and profit (36.54 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 33.09 and average Dividend Yield of 95.04%.
  2. The stock has a low average ROCE of 10.17%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 32.00, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 0.58, which may not be favorable.

Should I Buy Abhishek Finlease Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in SIL Investments Ltd:
    1. Net Profit Margin: 65.32%
      • 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: 2.23% (Industry Average ROCE: 7.54%)
      • 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): 8.76
      • 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: 38.16
      • 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: 12.2 (Industry average Stock P/E: 25.84)
      • 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: 0.02
      • 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 SIL Investments 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