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Last Updated on: 23 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of SIS Ltd

Basic Stock Data

Last Updated: June 22, 2024, 10:25 pm

Market Cap 6,271 Cr.
Current Price 435
High / Low565/393
Stock P/E33.4
Book Value 167
Dividend Yield0.00 %
ROCE10.3 %
ROE7.90 %
Face Value 5.00
PEG Ratio-11.04

Competitors of SIS Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Info Edge (India) Ltd 82,608 Cr. 6,3856,546/3,972128 2,3390.34 %4.36 %2.96 % 10.0
Touchwood Entertainment Ltd 162 Cr. 146222/11844.7 32.70.24 %17.2 %13.2 % 10.0
Quess Corp Ltd 8,957 Cr. 603670/39829.8 1891.33 %11.7 %11.2 % 10.0
Ace Integrated Solutions Ltd 34.9 Cr. 34.255.5/29.685.1 18.70.00 %2.06 %2.19 % 10.0
KHFM Hospitality & Facility Mgt. Services Ltd 153 Cr. 76.493.0/41.444.2 23.40.00 %10.7 %7.90 % 10.0
Industry Average11,305.93 Cr1,311.1449.09307.280.37%14.47%12.77%9.25

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales2,4452,3792,4312,6012,6482,6782,7682,9042,9962,9773,0743,0733,138
Expenses2,3222,2592,3092,4712,5242,5572,6582,7782,8612,8382,9292,9223,054
Operating Profit12312112212912412111012613513914415184
OPM %5%5%5%5%5%5%4%4%4%5%5%5%3%
Other Income7412828971042114191222
Interest28252524252528313233354040
Depreciation29272628302933343936404249
Profit before tax1418180104797559668585888217
Tax %27%26%14%4%-23%-11%-14%-58%-9%-6%15%55%168%
Net Profit102606810197836710393907537-12
EPS in Rs6.904.044.656.846.605.614.587.036.396.145.172.53-0.81

Last Updated: June 10, 2024, 4:59 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 27, 2024, 12:48 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales2,6403,0923,5463,8354,3855,8337,0938,4859,12710,05911,34612,261
Expenses2,5172,9453,3883,6664,1655,5336,7427,9698,6079,56110,85411,743
Operating Profit123147158169220300352516521498492519
OPM %5%5%4%4%5%5%5%6%6%5%4%4%
Other Income161217153361853202554368
Interest3126484877929415212798115148
Depreciation26314543365666128113112135166
Profit before tax831028294110187210289483344285272
Tax %34%36%41%31%1%13%-2%22%24%5%-22%30%
Net Profit54654874110163215225367326346190
EPS in Rs53.4155.3750.5561.078.1411.0714.7215.3824.6422.1123.7713.19
Dividend Payout %18%32%26%36%0%16%12%13%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 (%)20.37%-26.15%54.17%48.65%48.18%31.90%4.65%63.11%-11.17%6.13%-45.09%
Change in YoY Net Profit Growth (%)0.00%-46.52%80.32%-5.52%-0.47%-16.28%-27.25%58.46%-74.28%17.31%-51.22%

Growth

Compounded Sales Growth
10 Years:15%
5 Years:12%
3 Years:10%
TTM:8%
Compounded Profit Growth
10 Years:11%
5 Years:-2%
3 Years:-31%
TTM:-45%
Stock Price CAGR
10 Years:%
5 Years:2%
3 Years:9%
1 Year:21%
Return on Equity
10 Years:18%
5 Years:17%
3 Years:13%
Last Year:8%

Last Updated: May 2, 2024, 6:05 am

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital556666973737374747373
Reserves2593113863914435229551,1771,3151,7571,9982,2602,403
Preference Capital16160000000000
Borrowings2332092474444467005579751,2141,4731,4511,6471,721
Other Liabilities4465135176235807201,1861,9641,9981,6891,5371,6891,838
Total Liabilities9431,0371,1561,4631,4752,0102,7724,1894,6004,9925,0595,6706,035
Fixed Assets2092312513293084007171,5751,6591,5601,6021,6271,648
CWIP568704591317234120
Investments1011111012979212193949698105
Other Assets7197888851,1171,1551,5091,9572,4852,8353,3223,3383,9034,261
Total Assets9431,0371,1561,4631,4752,0102,7724,1894,6004,9925,0595,6706,035

Reserves and Borrowings Chart

SIS Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 7173100215205201640234171
Cash from Investing Activity -110-52-297-122-553-269-126-119-137
Cash from Financing Activity 152-6419399127-14144-351-229
Net Cash Flow113-42-4193-222-209557-237-195

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow107.00147.00158.00169.00220.00300.00352.00516.00521.00498.00492.00519.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days413032273539495150505456
Inventory Days
Days Payable
Cash Conversion Cycle413032273539495150505456
Working Capital Days151620191519241711243134
ROCE %20%20%16%15%17%19%16%18%30%13%11%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters72.88%72.81%71.62%71.55%71.55%71.48%71.59%71.59%71.59%71.59%71.58%71.70%
FIIs11.48%12.00%15.12%15.42%15.97%15.03%14.66%14.95%15.25%16.31%16.41%16.87%
DIIs5.53%4.93%4.42%4.31%3.98%4.49%4.50%4.05%3.96%3.12%3.17%2.91%
Public10.11%10.26%8.84%8.72%8.50%9.00%9.25%9.41%9.21%9.00%8.84%8.52%
No. of Shareholders42,43444,62737,79336,12434,89545,84440,47140,64038,98834,73239,19534,419

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Small Cap Fund2,942,8560.31133.69438,0772024-06-22571.77%
Sundaram Services Fund557,5080.7925.33438,0772024-06-2227.26%
Aditya Birla Sun Life Pure Value Fund438,0770.3619.9438,0772024-06-220%
Motilal Oswal Nifty Microcap 250 Index Fund45,9790.342.09438,0772024-06-22-89.5%
Sundaram Long Term Micro Cap Tax Advantage Fund - Series III18,4090.990.84438,0772024-06-22-95.8%
Sundaram Long Term Micro Cap Tax Advantage Fund - Series V9,3881.270.43438,0772024-06-22-97.86%
Sundaram Long Term Micro Cap Tax Advantage Fund - Series VI9,5041.040.43438,0772024-06-22-97.83%
Sundaram Long Term Micro Cap Tax Advantage Fund - Series IV8,4450.940.38438,0772024-06-22-98.07%
ICICI Prudential S&P BSE 500 ETF4430.010.02438,0772024-06-22-99.9%
HDFC S&P BSE 500 ETF170.010438,0772024-06-22-100%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)13.0823.6422.0924.8515.38
Diluted EPS (Rs.)12.9723.4321.8724.7315.13
Cash EPS (Rs.)23.0032.3229.5832.3524.43
Book Value[Excl.RevalReserv]/Share (Rs.)167.49160.11141.08123.5994.70
Book Value[Incl.RevalReserv]/Share (Rs.)167.49160.11141.08123.5994.70
Revenue From Operations / Share (Rs.)850.90778.55684.14615.45578.65
PBDIT / Share (Rs.)38.9735.9837.4967.3339.11
PBIT / Share (Rs.)27.4226.7329.9059.7130.36
PBT / Share (Rs.)17.1418.8523.2132.5020.01
Net Profit / Share (Rs.)11.4623.0821.9924.7215.68
NP After MI And SOA / Share (Rs.)13.1923.7722.1124.6415.38
PBDIT Margin (%)4.574.625.4710.946.75
PBIT Margin (%)3.223.434.379.705.24
PBT Margin (%)2.012.423.395.283.45
Net Profit Margin (%)1.342.963.214.012.70
NP After MI And SOA Margin (%)1.543.053.234.002.65
Return on Networth / Equity (%)7.8714.8415.6919.9516.23
Return on Capital Employeed (%)13.2311.2814.7631.0116.25
Return On Assets (%)3.186.066.377.254.84
Long Term Debt / Equity (X)0.090.340.290.400.45
Total Debt / Equity (X)0.620.650.640.630.84
Asset Turnover Ratio (%)2.101.070.940.900.99
Current Ratio (X)1.191.441.311.331.25
Quick Ratio (X)1.181.421.291.321.23
Inventory Turnover Ratio (X)1.960.000.000.000.00
Dividend Payout Ratio (NP) (%)0.000.000.000.0024.38
Dividend Payout Ratio (CP) (%)0.000.000.000.0015.54
Earning Retention Ratio (%)0.000.000.000.0075.62
Cash Earning Retention Ratio (%)0.000.000.000.0084.46
Interest Coverage Ratio (X)3.794.565.607.853.78
Interest Coverage Ratio (Post Tax) (X)2.113.934.296.052.51
Enterprise Value (Cr.)6666.095443.447732.125866.826886.16
EV / Net Operating Revenue (X)0.540.470.760.640.81
EV / EBITDA (X)11.8710.3814.035.8812.01
MarketCap / Net Operating Revenue (X)0.480.410.700.630.74
Retention Ratios (%)0.000.000.000.0075.61
Price / BV (X)2.442.003.453.164.56
Price / Net Operating Revenue (X)0.480.410.700.630.74
EarningsYield0.030.070.040.060.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 449.46

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: 3.32% compared to the current price 435

Intrinsic Value: 435.86

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: 0.20% compared to the current price ₹435

Last 5 Year EPS CAGR: -3.03%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 16.25%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 20.42, which is a positive sign.
  3. The company has higher reserves (1,154.67 cr) compared to borrowings (1.33 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (6.42 cr) and profit (211.75 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 42.83, which may not be favorable.

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 SIS Ltd:
    1. Net Profit Margin: 1.34%
      • 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: 13.23% (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%: 7.87% (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): 2.11
      • 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: 1.18
      • 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: 33.4 (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: 0.62
      • 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

SIS Ltd. is a Public Limited Listed company incorporated on 02/01/1985 and has its registered office in the State of Bihar, India. Company’s Corporate Identification Number(CIN) is L75230BR1985PLC002083 and registration number is 002083. Currently company belongs to the Industry of Services - Others. Company’s Total Operating Revenue is Rs. 3317.85 Cr. and Equity Capital is Rs. 73.52 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Services - OthersAnnapoorna Bhawan, Telephone Exchange Road, Patna Bihar 800010investorrelations@sisindia.com
http://www.sisindia.com
Management
NamePosition Held
Mr. Ravindra Kishore SinhaChairman
Mrs. Rituraj Kishore SinhaGroup Managing Director
Mr. Rita Kishore SinhaNon Executive Director
Mr. Rivoli SinhaNon Executive Director
Mr. Arvind Kumar PrasadDirector - Finance
Mr. T C A RanganathanIndependent Director
Mr. Sunil SrivastavIndependent Director
Mr. Upendra Kumar SinhaIndependent Director
Mr. Uday SinghIndependent Director
Mr. Rajan VermaIndependent Director
Mr. Vrinda SarupIndependent Director

FAQ

What is the latest fair value of SIS Ltd?

The latest fair value of SIS Ltd is ₹449.46.

What is the Market Cap of SIS Ltd?

The Market Cap of SIS Ltd is 6,271 Cr..

What is the current Stock Price of SIS Ltd as on 23 June 2024?

The current stock price of SIS Ltd as on 23 June 2024 is ₹435.

What is the High / Low of SIS Ltd stocks in FY 2024?

In FY 2024, the High / Low of SIS Ltd stocks is 565/393.

What is the Stock P/E of SIS Ltd?

The Stock P/E of SIS Ltd is 33.4.

What is the Book Value of SIS Ltd?

The Book Value of SIS Ltd is 167.

What is the Dividend Yield of SIS Ltd?

The Dividend Yield of SIS Ltd is 0.00 %.

What is the ROCE of SIS Ltd?

The ROCE of SIS Ltd is 10.3 %.

What is the ROE of SIS Ltd?

The ROE of SIS Ltd is 7.90 %.

What is the Face Value of SIS Ltd?

The Face Value of SIS Ltd is 5.00.

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 SIS 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