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Last Updated on: 24 February, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 503811 | NSE: SIYSIL

Siyaram Silk Mills Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 22, 2025, 6:41 am

Market Cap 2,952 Cr.
Current Price 651
High / Low 1,175/410
Stock P/E15.1
Book Value 265
Dividend Yield1.69 %
ROCE20.5 %
ROE16.3 %
Face Value 2.00
PEG Ratio0.14

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

View Share Price Target for Siyaram Silk Mills Ltd

Competitors of Siyaram Silk Mills Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Gravity (India) Ltd 4.37 Cr. 4.86 8.40/3.72 2.240.00 %81.2 %86.2 % 10.0
Flora Textiles Ltd 69.4 Cr. 116 187/9.0011.0 10.80.00 %88.9 %% 10.0
E-Land Apparel Ltd 69.1 Cr. 14.4 16.5/6.54 1030.00 %%% 10.0
Acknit Industries Ltd 74.5 Cr. 245 406/2108.37 2710.61 %11.3 %11.4 % 10.0
Siyaram Silk Mills Ltd 2,952 Cr. 651 1,175/41015.1 2651.69 %20.5 %16.3 % 2.00
Industry Average2,485.20 Cr165.4412.51105.240.34%31.29%26.27%7.22

All Competitor Stocks of Siyaram Silk Mills Ltd

Quarterly Result

MetricJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales 233480562628398635501695354585502646307
Expenses 203395460510346516425573331497433540296
Operating Profit 3085102118521207612123886810610
OPM % 13%18%18%19%13%19%15%17%6%15%14%16%3%
Other Income 869679131081211624
Interest 5554466545655
Depreciation 15151414141415141314141414
Profit before tax 17729210641109681131381609316
Tax % 25%26%25%27%25%26%24%22%24%24%26%26%24%
Net Profit 13536977318152881061446912
EPS in Rs 2.7511.3614.7316.496.6117.1811.0918.852.1413.109.7615.212.65

Last Updated: October 9, 2024, 4:56 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 9, 2024, 4:56 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 1,0321,2911,4961,6091,5701,7331,8151,6981,0881,9032,2292,0872,040
Expenses 9221,1461,3211,4131,3731,4871,5731,5291,0331,5691,8601,8011,768
Operating Profit 11014617419619724624116955334369286272
OPM % 11%11%12%12%13%14%13%10%5%18%17%14%13%
Other Income 19101614252024344129403653
Interest 25293131323448433018202021
Depreciation 22294152556162736159585555
Profit before tax 8298119127136171154885287332247250
Tax % 33%35%34%34%33%35%35%18%-2%26%24%25%
Net Profit 5564798491112101725213252185187
EPS in Rs 11.7313.5516.8017.9319.4123.8121.5815.301.1445.3453.7340.7040.72
Dividend Payout % 13%12%12%12%15%18%20%56%404%20%20%27%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)16.36%23.44%6.33%8.33%23.08%-9.82%-28.71%-93.06%4160.00%18.31%-26.59%
Change in YoY Net Profit Growth (%)0.00%7.07%-17.11%2.00%14.74%-32.90%-18.89%-64.34%4253.06%-4141.69%-44.90%

Siyaram Silk Mills Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:5%
5 Years:3%
3 Years:24%
TTM:0%
Compounded Profit Growth
10 Years:11%
5 Years:12%
3 Years:235%
TTM:-4%
Stock Price CAGR
10 Years:13%
5 Years:24%
3 Years:13%
1 Year:27%
Return on Equity
10 Years:16%
5 Years:16%
3 Years:21%
Last Year:16%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:38 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 9999999999999
Reserves 3053604264975876697487587659281,1321,1321,194
Borrowings 278314309408305573444428139223163175260
Other Liabilities 195213236282258301303308304355336290337
Total Liabilities 7888969811,1951,1591,5531,5051,5031,2171,5151,6401,6061,800
Fixed Assets 305349332398409439519548487498477474480
CWIP 163753693843251961
Investments 000150332525524913541133
Other Assets 4665436417787149899539266769671,0221,0721,126
Total Assets 7888969811,1951,1591,5531,5051,5031,2171,5151,6401,6061,800

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +68666081203-2819220533236235128
Cash from Investing Activity +-73-61-23-111-69-158-12-27-29-55-11368
Cash from Financing Activity +6-3-3831-135204-194-182-30119-123-194
Net Cash Flow12-11-118-15-41-1-02

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-168.00-168.00-135.00-212.00-108.00-327.00-203.00-259.00-84.00111.00206.00111.00

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 Days717482827189797387747082
Inventory Days152122110147156203190190146164143171
Days Payable8165657969857981102876560
Cash Conversion Cycle142131127151157206190182132151148193
Working Capital Days9592101111106143136135125127118144
ROCE %19%21%21%19%18%19%17%11%3%29%28%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters67.18%67.18%67.18%67.18%67.18%67.18%67.18%67.45%67.45%67.45%67.45%67.45%
FIIs3.65%3.28%2.66%2.61%2.04%2.39%1.91%1.75%1.56%1.53%1.48%1.93%
DIIs6.19%6.24%6.11%4.45%4.85%4.27%4.42%3.44%2.93%2.54%2.52%2.52%
Public22.98%23.29%24.04%25.74%25.94%26.14%26.49%27.37%28.07%28.47%28.56%28.11%
No. of Shareholders28,42640,00444,82842,97338,11135,39051,44939,85539,72239,09140,14149,729

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
DSP Small Cap Fund360,9540.1419.2916,3592025-02-212106.46%
Motilal Oswal Nifty Microcap 250 Index Fund16,3590.140.8716,3592025-02-210%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 39.9953.5546.140.7614.77
Diluted EPS (Rs.) 39.9953.5546.140.7614.77
Cash EPS (Rs.) 52.9365.9758.7113.8130.36
Book Value[Excl.RevalReserv]/Share (Rs.) 250.61242.56199.27163.64162.59
Book Value[Incl.RevalReserv]/Share (Rs.) 250.61242.56199.27163.64162.59
Revenue From Operations / Share (Rs.) 461.11476.32406.44232.40362.56
PBDIT / Share (Rs.) 71.1687.1978.4120.1842.93
PBIT / Share (Rs.) 58.9574.7865.847.1327.35
PBT / Share (Rs.) 54.4770.5761.990.7318.17
Net Profit / Share (Rs.) 40.7253.5546.140.7614.77
NP After MI And SOA / Share (Rs.) 40.7253.5546.140.7614.77
PBDIT Margin (%) 15.4318.3019.298.6811.84
PBIT Margin (%) 12.7815.6916.203.067.54
PBT Margin (%) 11.8114.8115.250.315.01
Net Profit Margin (%) 8.8311.2411.350.324.07
NP After MI And SOA Margin (%) 8.8311.2411.350.324.07
Return on Networth / Equity (%) 16.2422.0723.150.469.08
Return on Capital Employeed (%) 22.1128.6629.343.6413.05
Return On Assets (%) 11.5315.3314.290.294.65
Long Term Debt / Equity (X) 0.000.010.030.070.13
Total Debt / Equity (X) 0.140.130.220.100.45
Asset Turnover Ratio (%) 1.291.411.400.801.14
Current Ratio (X) 2.732.662.122.291.77
Quick Ratio (X) 1.541.641.241.420.91
Inventory Turnover Ratio (X) 1.912.252.531.091.62
Dividend Payout Ratio (NP) (%) 27.3319.0422.970.0058.20
Dividend Payout Ratio (CP) (%) 21.0315.4618.050.0028.32
Earning Retention Ratio (%) 72.6780.9677.030.0041.80
Cash Earning Retention Ratio (%) 78.9784.5481.950.0071.68
Interest Coverage Ratio (X) 15.9120.7020.343.164.68
Interest Coverage Ratio (Post Tax) (X) 10.1013.7212.971.122.61
Enterprise Value (Cr.) 2132.142099.462173.16938.35998.85
EV / Net Operating Revenue (X) 1.020.941.140.860.58
EV / EBITDA (X) 6.605.145.919.924.96
MarketCap / Net Operating Revenue (X) 0.940.871.030.800.38
Retention Ratios (%) 72.6680.9577.020.0041.79
Price / BV (X) 1.741.722.111.140.86
Price / Net Operating Revenue (X) 0.940.871.030.800.38
EarningsYield 0.090.120.100.000.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Siyaram Silk Mills Ltd as of February 24, 2025 is: ₹530.61

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 February 24, 2025, Siyaram Silk Mills Ltd is Overvalued by 18.49% compared to the current share price ₹651.00

Intrinsic Value of Siyaram Silk Mills Ltd as of February 24, 2025 is: 1,084.82

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 February 24, 2025, Siyaram Silk Mills Ltd is Undervalued by 66.64% compared to the current share price ₹651.00

Last 5 Year EPS CAGR: 104.45%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 18.75%, which is a positive sign.
  2. The company has higher reserves (730.85 cr) compared to borrowings (309.15 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (1.23 cr) and profit (161.23 cr) over the years.
  1. The stock has a high average Working Capital Days of 119.42, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 159.17, 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 Siyaram Silk Mills Ltd:
    1. Net Profit Margin: 8.83%
      • 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: 22.11% (Industry Average ROCE: 31.29%)
      • 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%: 16.24% (Industry Average ROE: 26.27%)
      • 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): 10.1
      • 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: 1.54
      • 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: 15.1 (Industry average Stock P/E: 12.51)
      • 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: 0.14
      • 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 - Qualitative Analysis

Siyaram Silk Mills Ltd. is a Public Limited Listed company incorporated on 29/06/1978 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L17116MH1978PLC020451 and registration number is 020451. Currently Company is involved in the business activities of Weaving, manufacture of cotton and cotton mixture fabrics.. Company's Total Operating Revenue is Rs. 2087.18 Cr. and Equity Capital is Rs. 9.07 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Textiles - WeavingH-3/2, MIDC, A-Road, Tarapur, Palghar District Maharashtra 401506sharedept@siyaram.com
http://www.siyaram.com
Management
NamePosition Held
Mr. Ramesh D PoddarChairman & Managing Director
Mr. Pawan D PoddarJoint Managing Director
Mr. Shrikishan D PoddarExecutive Director
Mr. Gaurav P PoddarExecutive Director & President
Mr. Ashok M JalanSenior President & Director
Mrs. Mangala R PrabhuIndependent Director
Mr. Sachindra N ChaturvediIndependent Director
Mr. Deepak R ShahIndependent Director
Mr. Ashok N DesaiIndependent Director
Mr. Chetan S ThakkarIndependent Director

FAQ

What is the latest intrinsic value of Siyaram Silk Mills Ltd?

Let's break down Siyaram Silk Mills Ltd's intrinsic value simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 24 February 2025:

  • Calculated Fair Value: ₹530.61
  • Current Market Price: ₹651.00
  • Variance: 18.49% lower

This suggests Siyaram Silk Mills Ltd is currently overvalued by 18.49%. For context:

  • Market Cap: 2,952 Cr.
  • 52-Week Range: 1,175/410
  • Reserves (Sep 2024): ₹1,194 Cr
  • Liabilities: 1,800 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Siyaram Silk Mills Ltd?

The Market Cap of Siyaram Silk Mills Ltd is 2,952 Cr..

What is the current Stock Price of Siyaram Silk Mills Ltd as on 24 February 2025?

The current stock price of Siyaram Silk Mills Ltd as on 24 February 2025 is ₹651.

What is the High / Low of Siyaram Silk Mills Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Siyaram Silk Mills Ltd stocks is 1,175/410.

What is the Stock P/E of Siyaram Silk Mills Ltd?

The Stock P/E of Siyaram Silk Mills Ltd is 15.1.

What is the Book Value of Siyaram Silk Mills Ltd?

The Book Value of Siyaram Silk Mills Ltd is 265.

What is the Dividend Yield of Siyaram Silk Mills Ltd?

The Dividend Yield of Siyaram Silk Mills Ltd is 1.69 %.

What is the ROCE of Siyaram Silk Mills Ltd?

The ROCE of Siyaram Silk Mills Ltd is 20.5 %.

What is the ROE of Siyaram Silk Mills Ltd?

The ROE of Siyaram Silk Mills Ltd is 16.3 %.

What is the Face Value of Siyaram Silk Mills Ltd?

The Face Value of Siyaram Silk Mills Ltd is 2.00.

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 Siyaram Silk Mills 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