Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of SML ISUZU Ltd

About the Company - SML ISUZU Ltd

SML Isuzu Ltd. is a Public Limited Listed company incorporated on 26/07/1983 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L50101PB1983PLC005516 and registration number is 005516. Currently Company is involved in the business activities of Manufacture of commercial vehicles such as vans, lorries, over-the-road tractors for semi-trailers etc.. Company’s Total Operating Revenue is Rs. 924.17 Cr. and Equity Capital is Rs. 14.48 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Auto - LCVs/HCVsVillage Asron, Distt. Shahid Bhagat Singh Nagar, Nawanshahr Punjab 144533investors@smlisuzu.com
http://www.smlisuzu.com
Management
NamePosition Held
Mr. S K TutejaChairman
Mr. Junya YamanishiManaging Director & CEO
Mr. Sudhir NayarDirector
Mr. Chandra Shekhar VermaDirector
Mr. Masaki MorohoshiDirector
Mr. Eiichi SetoDirector
Mr. Takuro HorikoshiDirector
Mr. Atima KhannaInd. Non-Executive Director
Mr. Takashi NishidaNon Executive Director

SML Isuzu Ltd. Share Price Update

Share PriceValue
Today₹1,525.20
Previous Day₹1,607.05

Basic Stock Data of SML ISUZU Ltd

Market Cap 3,265 Cr.
Current Price 2,256
High / Low2,398/658
Stock P/E39.6
Book Value 159
Dividend Yield0.00 %
ROCE9.39 %
ROE11.7 %
Face Value 10.0

Data Source: screener.in

Competitors of SML ISUZU Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Olectra Greentech Ltd 16,606 Cr. 2,0232,222/480184 1060.02 %13.3 %8.11 % 4.00
Ashok Leyland Ltd 51,089 Cr. 174192/13321.7 30.21.49 %11.4 %15.0 % 1.00
Industry Average33,847.50 Cr1,098.50102.8568.100.76%12.35%11.56%2.50

SML ISUZU Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales120184258100233250342500410328583632499
Expenses139193264117249259340483405312540585459
Operating Profit-18-9-5-17-16-10217616434739
OPM %-15%-5%-2%-17%-7%-4%1%3%1%5%7%7%8%
Other Income2110411001220
Interest7655664547957
Depreciation12121111111110111111101212
Profit before tax-35-26-20-33-30-26-112-9-1253221
Tax %0%0%-1%0%2%0%-0%0%0%86%-7%1%0%
Net Profit-35-26-20-33-29-26-112-9-0273221
EPS in Rs-23.99-18.24-13.90-23.11-20.12-17.82-7.891.62-6.34-0.0918.5121.9714.57

SML ISUZU Ltd Quarterly Chart

SML ISUZU Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,0361,0028811,1061,1661,3561,1351,4091,1545919241,8222,041
Expenses9569328501,0361,0791,2461,0901,3351,1426609651,7401,896
Operating Profit8070326987110457412-69-4182145
OPM %8%7%4%6%7%8%4%5%1%-12%-4%4%7%
Other Income2955643455635
Interest1119665611161523222528
Depreciation10121320202428384146444244
Profit before tax604818496884924-38-133-1001777
Tax %30%25%2%24%25%25%10%20%45%-0%1%-15%
Net Profit423617375163820-21-133-1002080
EPS in Rs28.9325.1712.0225.5335.3543.545.8713.52-14.55-92.24-68.9413.7154.96
Dividend Payout %28%32%25%24%23%18%26%22%0%0%0%0%

SML ISUZU Ltd Profit & Loss Yearly Chart

SML ISUZU Ltd Growth

Compounded Sales Growth
10 Years:6%
5 Years:10%
3 Years:16%
TTM:33%
Compounded Profit Growth
10 Years:-6%
5 Years:19%
3 Years:43%
TTM:548%
Stock Price CAGR
10 Years:25%
5 Years:34%
3 Years:71%
1 Year:253%
Return on Equity
10 Years:-1%
5 Years:-14%
3 Years:-31%
Last Year:12%

SML ISUZU Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital14141414141414141414141414
Reserves227250262288326389384399370241147163215
Borrowings1001620225541212246185261298265255
Other Liabilities281233274350332341377435289279357494435
Total Liabilities6226595516757277859871,095859796816937920
Fixed Assets135139143138171215365380426389349356350
CWIP8109274078352735161110
Investments0000000000000
Other Assets479510399511515492587688429403450569560
Total Assets6226595516757277859871,095859796816937920

SML ISUZU Ltd Reserves and Borrowings Chart

SML ISUZU Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 74-2516269-12121-3355150-47-1990
Cash from Investing Activity -27-2822-103-13-89-98-58-47-28-7-42
Cash from Financing Activity -930-1821117-3414610-976017-55
Net Cash Flow38-242-23-8-21586-15-8-7

SML ISUZU Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days435534343231383812243115
Inventory Days104110133129146107158146109202143105
Days Payable75539090747092946714211873
Cash Conversion Cycle721127773104691049154845648
Working Capital Days508447375845635619603818
ROCE %23%17%7%19%20%22%4%6%-4%-20%-16%9%

SML ISUZU Ltd Financial Efficiency Indicators Chart

SML ISUZU Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters43.96%43.96%43.96%43.96%43.96%43.96%43.96%43.96%43.96%43.96%43.96%43.96%
FIIs3.33%2.90%1.61%1.62%1.70%1.64%1.76%16.69%16.68%15.11%15.28%15.43%
DIIs1.29%1.32%1.28%1.00%0.94%0.01%0.00%0.00%0.00%0.00%0.00%0.00%
Public51.42%51.81%53.14%53.41%53.40%54.39%54.27%39.35%39.34%40.92%40.76%40.59%
No. of Shareholders32,79633,20832,26029,24530,31529,06927,55326,79425,68724,11324,88325,023

SML ISUZU Ltd Shareholding Pattern Chart

No. of SML ISUZU Ltd Shareholders

This stock is not held by any mutual fund

SML ISUZU Ltd ROCE Trend

SML ISUZU Ltd EPS Trend

SML ISUZU Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)13.71-68.94-92.24-14.5513.53
Diluted EPS (Rs.)13.71-68.94-92.24-14.5513.53
Cash EPS (Rs.)43.01-38.84-60.3113.5740.07
Book Value[Excl.RevalReserv]/Share (Rs.)122.90111.53176.51265.81285.65
Book Value[Incl.RevalReserv]/Share (Rs.)122.90111.53176.51265.81285.65
Dividend / Share (Rs.)0.000.000.000.003.00
Revenue From Operations / Share (Rs.)1258.11638.29408.52797.13973.30
PBDIT / Share (Rs.)58.53-24.33-44.1111.7654.47
PBIT / Share (Rs.)29.23-54.39-75.99-16.3627.92
PBT / Share (Rs.)11.93-69.25-92.11-26.4716.80
Net Profit / Share (Rs.)13.70-68.90-92.20-14.5513.52
PBDIT Margin (%)4.65-3.81-10.791.475.59
PBIT Margin (%)2.32-8.52-18.60-2.052.86
PBT Margin (%)0.94-10.84-22.54-3.321.72
Net Profit Margin (%)1.08-10.79-22.56-1.821.38
Return on Networth / Equity (%)11.14-61.77-52.23-5.474.73
Return on Capital Employeed (%)16.82-35.40-31.02-4.397.01
Return On Assets (%)2.11-12.22-16.76-2.451.78
Long Term Debt / Equity (X)0.090.050.180.240.25
Total Debt / Equity (X)1.451.800.800.330.51
Asset Turnover Ratio (%)2.081.150.711.181.35
Current Ratio (X)0.780.700.821.201.27
Quick Ratio (X)0.160.200.230.350.44
Inventory Turnover Ratio (X)4.162.601.671.972.69
Dividend Payout Ratio (NP) (%)0.000.000.000.0013.36
Dividend Payout Ratio (CP) (%)0.000.000.000.004.51
Earning Retention Ratio (%)0.000.000.000.0086.64
Cash Earning Retention Ratio (%)0.000.000.000.0095.49
Interest Coverage Ratio (X)3.38-1.64-2.741.164.90
Interest Coverage Ratio (Post Tax) (X)1.79-3.64-4.72-0.432.22
Enterprise Value (Cr.)1319.50993.43828.28525.911383.12
EV / Net Operating Revenue (X)0.721.071.400.450.98
EV / EBITDA (X)15.57-28.20-12.9730.8917.54
MarketCap / Net Operating Revenue (X)0.580.771.110.370.85
Retention Ratios (%)0.000.000.000.0086.63
Price / BV (X)6.004.442.561.132.90
Price / Net Operating Revenue (X)0.580.771.110.370.85
EarningsYield0.01-0.13-0.20-0.040.01

SML ISUZU Ltd Profitability Ratios (%)

SML ISUZU Ltd Liquidity Ratios

SML ISUZU Ltd Liquidity Ratios (%)

SML ISUZU Ltd Interest Coverage Ratios (X)

SML ISUZU Ltd Valuation Ratios

Fair Value / Intrinsic Value of SML ISUZU Ltd

Fair Value: ₹751.41

The stock is overvalued by 66.69% compared to the current price ₹2256

*Investments are subject to market risks

Strength and Weakness of SML ISUZU Ltd

StrengthWeakness
  1. The company has higher reserves (281.62 cr) compared to borrowings (161.69 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (185.15 cr) and profit (14.08 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 11.26 and average Dividend Yield of -4.80%.
  2. The stock has a low average ROCE of 7.25%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 47.92, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 78.67, which may not be favorable.

Should I Buy SML ISUZU Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in SML ISUZU Ltd:
    1. Net Profit Margin: 1.08%
      • 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: 16.82% (Industry Average ROCE: 12.35%)
      • 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): 1.79
      • 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: 0.16
      • 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: 30.7 (Industry average Stock P/E: 103.25)
      • 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: 1.45
      • 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 SML ISUZU 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