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

Fundamental Analysis of Sumit Woods Ltd

Basic Stock Data

Last Updated: June 21, 2024, 10:23 pm

Market Cap 243 Cr.
Current Price 79.3
High / Low82.5/27.0
Stock P/E27.0
Book Value 24.8
Dividend Yield0.00 %
ROCE13.6 %
ROE12.9 %
Face Value 10.0
PEG Ratio1.50

Competitors of Sumit Woods Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Setubandhan Infrastructure Ltd 12.2 Cr. 0.970.97/0.55135 3.940.00 %0.44 %0.18 % 1.00
Supreme Infrastructure India Ltd 221 Cr. 86.1116/20.3 2,2210.00 %11.2 %% 10.0
SKIL Infrastructure Ltd 117 Cr. 5.4210.2/3.456.87 9.140.00 %0.21 %% 10.0
PSP Projects Ltd 2,614 Cr. 659846/59821.0 2540.38 %19.1 %14.4 % 10.0
Parshwanath Corporation Ltd 15.9 Cr. 50.785.0/30.434.5 36.90.00 %4.20 %4.07 % 10.0
Industry Average7,523.16 Cr306.7036.53143.110.10%13.22%50.92%6.50

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales21.8911.3510.6812.5631.4913.1020.7421.8045.8133.5938.6242.8565.40
Expenses21.2510.189.9611.5630.228.5116.4714.7438.1427.6133.7535.5654.77
Operating Profit0.641.170.721.001.274.594.277.067.675.984.877.2910.63
OPM %2.92%10.31%6.74%7.96%4.03%35.04%20.59%32.39%16.74%17.80%12.61%17.01%16.25%
Other Income3.200.200.240.200.170.180.400.330.750.370.550.520.57
Interest2.291.701.952.411.932.762.674.505.464.094.164.045.04
Depreciation0.190.140.150.160.170.180.180.180.170.140.150.150.15
Profit before tax1.36-0.47-1.14-1.37-0.661.831.822.712.792.121.113.626.01
Tax %329.41%-42.55%-19.30%-48.18%-42.42%30.05%40.11%22.14%10.75%23.58%14.41%37.29%7.82%
Net Profit-3.12-0.68-1.36-2.04-0.951.291.102.122.481.620.942.275.53
EPS in Rs-0.91-0.13-0.14-0.230.210.510.420.730.840.500.230.541.68

Last Updated: June 9, 2024, 9:31 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 27, 2024, 5:50 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2929453154494766101161
Expenses182136174434596078135
Operating Profit1188141015-1262426
OPM %37%28%19%44%19%30%-26%9%23%16%
Other Income0133313112
Interest977677781518
Depreciation1111111111
Profit before tax1141059-17-2910
Tax %18%19%21%23%50%26%-27%-69%24%
Net Profit113866-24-577
EPS in Rs0.550.482.023.572.190.92-7.34-0.302.502.11
Dividend Payout %0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)0.00%200.00%166.67%-25.00%0.00%-500.00%79.17%240.00%
Change in YoY Net Profit Growth (%)0.00%200.00%-33.33%-191.67%25.00%-500.00%579.17%160.83%

Growth

Compounded Sales Growth
10 Years:%
5 Years:26%
3 Years:28%
TTM:85%
Compounded Profit Growth
10 Years:%
5 Years:-2%
3 Years:35%
TTM:78%
Stock Price CAGR
10 Years:%
5 Years:29%
3 Years:84%
1 Year:89%
Return on Equity
10 Years:%
5 Years:-2%
3 Years:-9%
Last Year:12%

Last Updated: May 2, 2024, 9:15 am

Balance Sheet

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital88811153131313131
Reserves27283239624926253339
Borrowings58655547365065110138140
Other Liabilities33342721685854557264
Total Liabilities126135122118181188176222274273
Fixed Assets10988987777
CWIP0000000010
Investments13201722262222201414
Other Assets1031069788147158146195252252
Total Assets126135122118181188176222274273

Reserves and Borrowings Chart

Sumit Woods Ltd Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1823-7-1-27-15
Cash from Investing Activity -4-97-2-4-4
Cash from Financing Activity -12-19143518
Net Cash Flow1-5014-2

Free Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-47.00-57.00-47.00-33.00-26.00-35.00-77.00-104.00-114.00

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 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days93102132102631161448391
Inventory Days6,6364,1731,0764,8662,8649,9731,081
Days Payable42834210640115070871
Cash Conversion Cycle6,3003,9331,1024,5662,7779,3801,1548391
Working Capital Days851837556727714890841769648
ROCE %8%10%17%10%10%-6%4%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024
Promoters69.94%69.94%69.94%69.94%69.94%69.94%69.94%69.94%69.94%69.94%71.65%65.02%
Public30.06%30.05%30.07%30.07%30.06%30.06%30.06%30.06%30.06%30.06%28.35%34.97%
No. of Shareholders4,2584,6025,7965,7466,3015,1814,8364,7124,6825,3145,2915,436

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)2.50-0.30-6.952.106.24
Diluted EPS (Rs.)2.31-0.30-6.952.106.24
Cash EPS (Rs.)2.50-0.87-6.752.324.77
Book Value[Excl.RevalReserv]/Share (Rs.)28.8824.9027.1623.7849.90
Book Value[Incl.RevalReserv]/Share (Rs.)28.8824.9027.1623.7849.90
Revenue From Operations / Share (Rs.)33.1621.6015.3815.9327.60
PBDIT / Share (Rs.)8.242.18-3.035.189.46
PBIT / Share (Rs.)8.011.97-3.234.969.12
PBT / Share (Rs.)2.97-0.64-5.472.846.30
Net Profit / Share (Rs.)2.26-1.09-6.952.104.42
NP After MI And SOA / Share (Rs.)2.50-0.29-7.340.924.42
PBDIT Margin (%)24.8310.09-19.7132.5534.27
PBIT Margin (%)24.139.13-20.9731.1633.04
PBT Margin (%)8.96-2.96-35.5717.8022.82
Net Profit Margin (%)6.82-5.02-45.1713.2016.03
NP After MI And SOA Margin (%)7.53-1.37-47.745.8116.03
Return on Networth / Equity (%)11.38-1.62-39.483.898.86
Return on Capital Employeed (%)11.423.36-6.6616.2013.55
Return On Assets (%)2.79-0.40-12.562.555.67
Long Term Debt / Equity (X)1.861.831.130.280.34
Total Debt / Equity (X)2.061.971.130.290.41
Asset Turnover Ratio (%)0.400.140.150.080.17
Current Ratio (X)3.894.314.644.065.32
Quick Ratio (X)0.710.821.180.961.51
Interest Coverage Ratio (X)1.640.83-1.352.443.36
Interest Coverage Ratio (Post Tax) (X)1.450.58-2.091.992.57
Enterprise Value (Cr.)247.41156.00115.3763.8884.60
EV / Net Operating Revenue (X)2.442.362.451.312.00
EV / EBITDA (X)9.8223.39-12.444.035.85
MarketCap / Net Operating Revenue (X)0.910.520.620.881.28
Price / BV (X)1.390.610.510.590.71
Price / Net Operating Revenue (X)0.910.520.620.881.28
EarningsYield0.08-0.02-0.760.060.12

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 88.11

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: 11.10% compared to the current price 79.3

Intrinsic Value: 104.02

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: 31.17% compared to the current price ₹79.3

Last 5 Year EPS CAGR: 18.06%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (61.20 cr) and profit (3.00 cr) over the years.
  1. The stock has a low average ROCE of 7.22%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 759.22, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 22.22, which may not be favorable.
  4. The company has higher borrowings (74.30) compared to reserves (36.60), which may suggest financial risk.

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 Sumit Woods Ltd:
    1. Net Profit Margin: 6.82%
      • 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: 11.42% (Industry Average ROCE: 11.94%)
      • 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%: 11.38% (Industry Average ROE: 9.7%)
      • 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): 1.45
      • 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: 0.71
      • 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: 27.0 (Industry average Stock P/E: 20.44)
      • 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: 2.06
      • 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

Sumit Woods Ltd. is a Public Limited Listed company incorporated on 09/01/1997 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L36101MH1997PLC152192 and registration number is 152192. Currently company belongs to the Industry of Construction & Contracting. Company’s Total Operating Revenue is Rs. 21.44 Cr. and Equity Capital is Rs. 30.59 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction, Contracting & EngineeringB -1101, Express Zone, Mumbai Maharashtra 400097cs@sumitwoods.com
http://www.sumitwoods.com
Management
NamePosition Held
Mr. Vineshkumar SinghalChairman & Ind.Dire (Non-Exe)
Mr. Mitaram R JangidManaging Director
Mr. Bhushan S NemlekarWhole Time Director
Mr. Subodh NemlekarNon Executive Director
Mrs. Pooja N ChogleInd. Non-Executive Director
Mrs. Pooja T ParekhInd. Non-Executive Director

FAQ

What is the latest fair value of Sumit Woods Ltd?

The latest fair value of Sumit Woods Ltd is ₹88.11.

What is the Market Cap of Sumit Woods Ltd?

The Market Cap of Sumit Woods Ltd is 243 Cr..

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

The current stock price of Sumit Woods Ltd as on 23 June 2024 is ₹79.3.

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

In FY 2024, the High / Low of Sumit Woods Ltd stocks is 82.5/27.0.

What is the Stock P/E of Sumit Woods Ltd?

The Stock P/E of Sumit Woods Ltd is 27.0.

What is the Book Value of Sumit Woods Ltd?

The Book Value of Sumit Woods Ltd is 24.8.

What is the Dividend Yield of Sumit Woods Ltd?

The Dividend Yield of Sumit Woods Ltd is 0.00 %.

What is the ROCE of Sumit Woods Ltd?

The ROCE of Sumit Woods Ltd is 13.6 %.

What is the ROE of Sumit Woods Ltd?

The ROE of Sumit Woods Ltd is 12.9 %.

What is the Face Value of Sumit Woods Ltd?

The Face Value of Sumit Woods 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 Sumit Woods 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