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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Superhouse Ltd

About the Company - Superhouse Ltd

Superhouse Ltd. is a Public Limited Listed company incorporated on 14/01/1980 and has its registered office in the State of Uttar Pradesh, India. Company’s Corporate Identification Number(CIN) is L24231UP1980PLC004910 and registration number is 004910. Currently company belongs to the Industry of Leather/Synthetic Products. Company’s Total Operating Revenue is Rs. 548.35 Cr. and Equity Capital is Rs. 11.03 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Leather/Synthetic Products150 Feet Road, Jajmau, Kanpur Uttar Pradesh 208010share@superhouse.in
http://www.superhouse.in
Management
NamePosition Held
Mr. Mukhtarul AminChairman & Managing Director
Mr. Zafarul AminJoint Managing Director
Mr. Mohammad ShadabDeputy Managing Director
Mrs. Shahina MukhtarNon Independent Director
Dr. Krishna Kumar AgarwalIndependent Director
Mr. Anil SoniIndependent Director
Mr. Kamal AgarwalIndependent Director
Mr. Syed Javed Ali HashmiIndependent Director
Mr. Dilip Kumar DheerIndependent Director
Mr. Ajai Kumar SengarIndependent Director
Mr. Yusuf AminNon Independent Director
Mr. Vinay SananNon Independent Director

Superhouse Ltd. Share Price Update

Share PriceValue
Today₹241.25
Previous Day₹244.90

Basic Stock Data of Superhouse Ltd

Market Cap 246 Cr.
Current Price 223
High / Low287/194
Stock P/E15.7
Book Value 404
Dividend Yield0.45 %
ROCE8.20 %
ROE6.07 %
Face Value 10.0

Data Source: screener.in

Competitors of Superhouse Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Sreeleathers Ltd – a Premier Leather Goods Manufacturer 733 Cr. 317436/15925.4 1710.00 %9.80 %7.23 % 10.0
AKI India Ltd 214 Cr. 24.932.5/10.6209 2.230.00 %7.87 %7.45 % 2.00
Relaxo Footwears Ltd 20,710 Cr. 832974/748102 76.20.30 %11.8 %8.65 % 1.00
Amin Tannery Ltd 22.2 Cr. 2.063.09/1.4858.5 1.140.00 %5.25 %3.02 % 1.00
Mirza International Ltd 722 Cr. 52.274.0/29.954.9 39.60.00 %7.57 %4.59 % 2.00
Industry Average4,480.24 Cr245.6389.9658.030.06%8.46%6.19%3.20

Superhouse Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales144.60157.47164.98141.87163.96155.28189.36175.38218.99195.90175.72164.42191.04
Expenses126.98139.33157.04126.64152.27141.00172.80164.96208.19177.09159.00155.65177.98
Operating Profit17.6218.147.9415.2311.6914.2816.5610.4210.8018.8116.728.7713.06
OPM %12.19%11.52%4.81%10.74%7.13%9.20%8.75%5.94%4.93%9.60%9.52%5.33%6.84%
Other Income3.022.762.80-0.223.002.454.824.415.140.710.321.902.06
Interest3.082.682.331.882.043.881.862.773.983.683.763.784.16
Depreciation3.973.883.543.463.743.673.633.973.843.944.264.284.42
Profit before tax13.5914.344.879.678.919.1815.898.098.1211.909.022.616.54
Tax %14.20%20.57%16.43%20.68%29.18%28.32%24.10%29.17%28.82%20.67%22.62%38.31%19.42%
Net Profit11.6611.395.407.678.097.5712.686.006.4810.217.542.105.95
EPS in Rs10.5810.334.906.967.346.8711.094.494.868.256.491.374.46

Superhouse Ltd Quarterly Chart

Superhouse Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales535588753800710666650694609537650766676
Expenses477529665718639625604635563488593709631
Operating Profit58588882714145594649585745
OPM %11%10%12%10%10%6%7%9%8%9%9%7%7%
Other Income555811111571389118
Interest17192521222120191711101415
Depreciation10121414151616151515141617
Profit before tax35335455451625322730423721
Tax %31%32%31%35%38%47%29%34%2%19%26%25%
Net Profit2522373628818212628363018
EPS in Rs22.5320.2433.6332.3725.327.5915.9918.9623.8025.3832.2424.0414.20
Dividend Payout %7%8%5%5%6%14%6%5%3%4%3%4%

Superhouse Ltd Profit & Loss Yearly Chart

Superhouse Ltd Growth

Compounded Sales Growth
10 Years:3%
5 Years:3%
3 Years:8%
TTM:-2%
Compounded Profit Growth
10 Years:2%
5 Years:15%
3 Years:0%
TTM:-25%
Stock Price CAGR
10 Years:10%
5 Years:15%
3 Years:23%
1 Year:23%
Return on Equity
10 Years:8%
5 Years:8%
3 Years:8%
Last Year:6%

Superhouse Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital11111111111111111111111111
Reserves147167200234262272289312342370404427435
Borrowings142168193232231221220209181145160192193
Other Liabilities133155180160161151184174147145211204198
Total Liabilities434501584638667656705707680671786833837
Fixed Assets144168172193223231224222219211222249245
CWIP8531612463248913
Investments5569101216192528252829
Other Assets278323402420422409460463435427531548550
Total Assets434501584638667656705707680671786833837

Superhouse Ltd Reserves and Borrowings Chart

Superhouse Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 31252538586021415684-127
Cash from Investing Activity -27-36-17-51-38-22-6-9-10-14-11-46
Cash from Financing Activity -211-318-24-33-23-31-47-48417
Net Cash Flow2-145-35-82-123-9-2

Superhouse Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days626471577060877881928586
Inventory Days208163149208181249263249298293396312
Days Payable1361089710492121173155148164220163
Cash Conversion Cycle134119122162159188177172230220261235
Working Capital Days68788489104105121121130142148138
ROCE %20%16%21%17%13%7%7%10%8%8%10%8%

Superhouse Ltd Financial Efficiency Indicators Chart

Superhouse Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters54.88%54.88%54.88%54.88%54.88%54.88%54.88%54.88%54.88%54.88%54.88%54.88%
FIIs0.00%0.00%0.48%0.79%0.98%0.74%0.74%0.78%0.72%0.72%0.78%0.77%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public45.11%45.11%44.63%44.31%44.13%44.36%44.37%44.32%44.39%44.39%44.33%44.33%
No. of Shareholders23,78424,87824,27922,82823,16922,86022,96921,48720,93721,58621,21620,649

Superhouse Ltd Shareholding Pattern Chart

No. of Superhouse Ltd Shareholders

This stock is not held by any mutual fund

Superhouse Ltd ROCE Trend

Superhouse Ltd EPS Trend

Superhouse Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)24.0432.2422.1323.8018.96
Diluted EPS (Rs.)24.0432.2422.1323.8018.96
Cash EPS (Rs.)39.8541.6636.0337.2131.77
Book Value[Excl.RevalReserv]/Share (Rs.)411.26384.94345.40320.41282.94
Book Value[Incl.RevalReserv]/Share (Rs.)411.26384.94345.40320.41282.94
Revenue From Operations / Share (Rs.)694.78590.00486.84552.08608.07
PBDIT / Share (Rs.)61.0763.8951.5053.0558.18
PBIT / Share (Rs.)46.5550.7437.6039.6544.71
PBT / Share (Rs.)33.6838.5127.3324.2927.76
Net Profit / Share (Rs.)25.3328.5122.1323.8018.30
NP After MI And SOA / Share (Rs.)25.3328.5122.1323.8018.30
PBDIT Margin (%)8.7910.8210.579.609.56
PBIT Margin (%)6.708.607.727.187.35
PBT Margin (%)4.846.525.614.394.56
Net Profit Margin (%)3.644.834.544.313.01
NP After MI And SOA Margin (%)3.644.834.544.313.01
Return on Networth / Equity (%)6.377.566.407.426.46
Return on Capital Employeed (%)10.5312.379.8411.2313.39
Return On Assets (%)3.323.973.603.822.93
Long Term Debt / Equity (X)0.030.020.060.050.11
Total Debt / Equity (X)0.430.380.300.430.58
Asset Turnover Ratio (%)0.930.830.710.790.89
Current Ratio (X)1.531.531.631.431.37
Quick Ratio (X)0.780.770.940.760.75
Inventory Turnover Ratio (X)1.371.691.441.481.75
Dividend Payout Ratio (NP) (%)4.210.000.000.000.00
Dividend Payout Ratio (CP) (%)2.680.000.000.000.00
Earning Retention Ratio (%)95.790.000.000.000.00
Cash Earning Retention Ratio (%)97.320.000.000.000.00
Interest Coverage Ratio (X)4.747.295.023.453.43
Interest Coverage Ratio (Post Tax) (X)2.974.653.162.552.08
Enterprise Value (Cr.)397.22282.13177.27177.34285.75
EV / Net Operating Revenue (X)0.510.430.330.290.41
EV / EBITDA (X)5.904.003.123.034.30
MarketCap / Net Operating Revenue (X)0.330.270.250.110.20
Retention Ratios (%)95.780.000.000.000.00
Price / BV (X)0.590.430.350.190.43
Price / Net Operating Revenue (X)0.330.270.250.110.20
EarningsYield0.100.170.170.380.15

Superhouse Ltd Profitability Ratios (%)

Superhouse Ltd Liquidity Ratios

Superhouse Ltd Liquidity Ratios (%)

Superhouse Ltd Interest Coverage Ratios (X)

Superhouse Ltd Valuation Ratios

Fair Value / Intrinsic Value of Superhouse Ltd

Fair Value: ₹386.74

The stock is undervalued by 73.43% compared to the current price ₹223

*Investments are subject to market risks

Strength and Weakness of Superhouse Ltd

StrengthWeakness
  1. The company has higher reserves (297.00 cr) compared to borrowings (191.31 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (664.15 cr) and profit (34.77 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 43.85 and average Dividend Yield of 7.51%.
  2. The stock has a low average ROCE of 12.08%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 110.67, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 181.58, which may not be favorable.

Should I Buy Superhouse Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Superhouse Ltd:
    1. Net Profit Margin: 3.64%
      • 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: 10.53% (Industry Average ROCE: 9.26%)
      • 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): 2.97
      • 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: 0.78
      • 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: 15.5 (Industry average Stock P/E: 97.13)
      • 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: 0.43
      • 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 Superhouse 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