Supreme Engineering Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:46 am

Market Cap	72.7 Cr.
Current Price	2.91
High / Low	3.93/0.65
Stock P/E
Book Value	3.08
Dividend Yield	0.00 %
ROCE	21.8 %
ROE	%
Face Value	1.00
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Incon Engineers Ltd	6.40 Cr.	14.8	24.8/12.5		0.44	0.00 %	72.7 %	162 %	10.0
Hittco Tools Ltd	8.22 Cr.	13.4	16.0/9.53		4.59	0.00 %	7.27 %	5.66 %	10.0
Harshil Agrotech Ltd	262 Cr.	5.15	13.7/0.43	44.0	1.20	0.00 %	16.4 %	13.5 %	1.00
Gujarat Toolroom Ltd	242 Cr.	15.1	45.9/10.8	2.06	14.8	6.62 %	179 %	170 %	1.00
GTV Engineering Ltd	164 Cr.	525	640/395	25.0	125	0.00 %	12.7 %	13.5 %	10.0
Industry Average	4,210.79 Cr	558.17		41.04	132.38	0.40%	29.10%	26.17%	6.39

All Competitor Stocks of

Quarterly Result

Month	Mar 2019	Sep 2019	Mar 2020	Sep 2020	Sep 2021	Sep 2022	Sep 2023
Sales	91	84	83	15	29	11	15
Expenses	82	75	76	15	29	16	16
Operating Profit	9	9	7	0	-0	-5	-1
OPM %	10%	11%	9%	1%	-0%	-43%	-5%
Other Income	1	0	1	0	1	0	1
Interest	3	5	5	4	3	1	0
Depreciation	1	1	1	1	1	1	1
Profit before tax	6	4	2	-5	-4	-6	-1
Tax %	26%	28%	21%	-3%	9%	23%	-33%
Net Profit	4	3	2	-5	-3	-5	-1
EPS in Rs	0.16	0.11	0.06	-0.21	-0.14	-0.20	-0.05

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2011	Mar 2012	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Sales	43	52	113	120	152	174	167	70	73	18
Expenses	41	51	103	108	134	156	150	64	78	124
Operating Profit	2	1	10	12	18	17	17	6	-6	-106
OPM %	5%	2%	9%	10%	12%	10%	10%	9%	-8%	-574%
Other Income	0	0	1	0	1	1	1	3	1	0
Interest	0	0	7	8	9	8	10	10	4	1
Depreciation	0	0	1	2	2	2	3	3	2	2
Profit before tax	2	1	1	3	7	9	5	-3	-11	-109
Tax %	56%	146%	22%	24%	31%	25%	24%	-5%	-17%	-3%
Net Profit	1	-1	1	2	5	7	4	-3	-9	-105
EPS in Rs	5.05	-2.55	5.60	10.75	0.27	0.27	0.15	-0.12	-0.37	-4.21
Dividend Payout %	0%	0%	0%	0%	0%	18%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2011-2012	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023
YoY Net Profit Growth (%)	-200.00%	100.00%	150.00%	40.00%	-42.86%	-175.00%	-200.00%	-1066.67%
Change in YoY Net Profit Growth (%)	0.00%	300.00%	50.00%	-110.00%	-82.86%	-132.14%	-25.00%	-866.67%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2011-2012 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	-32%
3 Years:	-29%
TTM:	39%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	90%

Stock Price CAGR
10 Years:	%
5 Years:	6%
3 Years:	14%
1 Year:	177%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:33 pm

Month	Mar 2011	Mar 2012	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	2	2	2	2	18	25	25	25	25	25	25
Reserves	6	6	12	14	10	26	26	23	14	-91	-102
Borrowings	17	27	83	89	83	89	90	106	103	103	100
Other Liabilities	25	31	17	37	63	51	90	59	22	19	10
Total Liabilities	50	66	114	142	174	192	231	213	164	56	33
Fixed Assets	11	10	17	20	28	28	28	25	26	23	16
CWIP	0	0	7	6	2	0	0	0	0	0	0
Investments	0	0	7	7	0	0	0	0	0	0	0
Other Assets	39	55	82	109	145	163	202	188	139	34	18
Total Assets	50	66	114	142	174	192	231	213	164	56	33

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2011	Mar 2012	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	0	0	10	8	5	-17	11	-4	6	9	5
Cash from Investing Activity +	0	0	1	-3	1	-0	0	3	-0	1	0
Cash from Financing Activity +	0	0	-10	-4	-5	17	-13	3	-9	-9	-5
Net Cash Flow	0	0	0	1	2	0	-2	2	-4	0	-0

Free Cash Flow

Month	Mar 2011	Mar 2012	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	-15.00	-26.00	-73.00	-77.00	-65.00	-72.00	-73.00	-100.00	-109.00	-209.00

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

Month	Mar 2011	Mar 2012	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	50	121	88	122	127	131	202	372	106	20
Inventory Days			168	204	239	229	270	713	628	487
Days Payable			49	111	157	104	200	298	48	171
Cash Conversion Cycle	50	121	207	216	209	256	271	787	686	336
Working Capital Days	78	114	118	192	178	223	236	622	545	-106
ROCE %		4%		10%	15%	13%	11%	5%	-5%	-120%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Sep 2023	Dec 2023	Mar 2024
Promoters	67.99%	67.99%	65.99%	53.28%	45.27%	41.28%	41.27%	41.28%	41.27%	41.27%	41.27%	41.27%
DIIs	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	31.61%	32.01%	34.01%	46.73%	54.73%	58.73%	58.73%	58.73%	58.73%	58.73%	58.73%	58.73%
No. of Shareholders	698	3,065	4,518	6,170	13,479	19,953	19,953	19,953	23,041	24,455	32,849	41,189

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19
FaceValue	1.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-42.08	-3.66	-1.18	1.70	3.05
Diluted EPS (Rs.)	-42.08	-3.66	-1.18	1.70	3.05
Cash EPS (Rs.)	-4.12	-2.69	-0.16	2.42	3.46
Book Value[Excl.RevalReserv]/Share (Rs.)	-2.65	15.48	19.09	21.49	20.39
Book Value[Incl.RevalReserv]/Share (Rs.)	-2.65	15.48	19.09	21.49	20.39
Dividend / Share (Rs.)	0.00	0.00	0.00	0.00	0.50
Revenue From Operations / Share (Rs.)	0.73	29.12	28.00	66.77	69.44
PBDIT / Share (Rs.)	-4.21	-1.89	3.67	6.94	7.37
PBIT / Share (Rs.)	-4.29	-2.86	2.66	6.22	6.62
PBT / Share (Rs.)	-4.34	-4.43	-1.25	2.29	3.61
Net Profit / Share (Rs.)	-4.21	-3.66	-1.18	1.70	2.71
PBDIT Margin (%)	-571.35	-6.50	13.10	10.39	10.62
PBIT Margin (%)	-583.12	-9.82	9.48	9.31	9.53
PBT Margin (%)	-590.10	-15.21	-4.47	3.42	5.19
Net Profit Margin (%)	-571.57	-12.56	-4.22	2.54	3.89
Return on Networth / Equity (%)	0.00	-23.62	-6.19	7.91	13.26
Return on Capital Employeed (%)	206.65	-12.22	9.57	21.25	23.72
Return On Assets (%)	-187.23	-5.62	-1.38	1.82	3.52
Long Term Debt / Equity (X)	-0.21	0.55	0.44	0.31	0.31
Total Debt / Equity (X)	-1.36	2.50	2.12	1.63	1.73
Asset Turnover Ratio (%)	0.16	0.38	0.31	0.78	0.94
Current Ratio (X)	0.25	1.31	1.31	1.28	1.32
Quick Ratio (X)	0.08	0.25	0.56	0.63	0.57
Inventory Turnover Ratio (X)	0.16	0.66	0.37	1.34	1.74
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	21.14	0.00
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	14.86	0.00
Earning Retention Ratio (%)	0.00	0.00	0.00	78.86	0.00
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	85.14	0.00
Interest Coverage Ratio (X)	-81.81	-1.21	0.93	1.76	2.45
Interest Coverage Ratio (Post Tax) (X)	-80.84	-1.33	0.69	1.43	1.90
Enterprise Value (Cr.)	103.76	101.50	163.19	120.27	140.36
EV / Net Operating Revenue (X)	5.64	1.39	2.33	0.72	0.80
EV / EBITDA (X)	-0.98	-21.43	17.79	6.93	7.61
MarketCap / Net Operating Revenue (X)	0.88	0.08	0.96	0.21	0.33
Retention Ratios (%)	0.00	0.00	0.00	78.85	0.00
Price / BV (X)	-0.24	0.16	1.41	0.68	1.13
Price / Net Operating Revenue (X)	0.88	0.08	0.96	0.21	0.33
EarningsYield	-6.47	-1.41	-0.04	0.11	0.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 7.07

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 December 22, 2024, is Undervalued by 142.96% compared to the current share price 2.91

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Intrinsic Value of as of December 22, 2024 is: 5.03

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 December 22, 2024, is Undervalued by 72.85% compared to the current share price 2.91

Default values used*: Default value of 15 for Stock P/E is used, Default value of 15% for ROE is used

Last 5 Year EPS CAGR: -28.84%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
	The stock has a low average ROCE of -6.70%, which may not be favorable. The stock has a high average Working Capital Days of 220.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 313.90, which may not be favorable. The company has higher borrowings (80.91) compared to reserves (-5.09), which may suggest financial risk. The company has not shown consistent growth in sales (98.20) and profit (-9.50).

Strength

Weakness

The stock has a low average ROCE of -6.70%, which may not be favorable.
The stock has a high average Working Capital Days of 220.00, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 313.90, which may not be favorable.
The company has higher borrowings (80.91) compared to reserves (-5.09), which may suggest financial risk.
The company has not shown consistent growth in sales (98.20) and profit (-9.50).

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 :
1. Net Profit Margin: -571.57%
  - 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: 206.65% (Industry Average ROCE: 29.1%)
  - 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%: 0% (Industry Average ROE: 26.17%)
  - 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): -80.84
  - 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: 0.08
  - 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: 0 (Industry average Stock P/E: 41.04)
  - 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: -1.36
  - 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

Supreme Engineering Ltd. is a Public Limited Listed company incorporated on 20/04/1987 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1987PLC043205 and registration number is 043205. Currently Company is involved in the business activities of Manufacture of hot-rolled and cold-rolled products of steel. Company’s Total Operating Revenue is Rs. 72.78 Cr. and Equity Capital is Rs. 25.00 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Engineering - General	R-223, MIDC Complex, Thane Belapur Road, Mumbai Maharashtra 400701	cs@supremesteels.com http://www.supremesteels.com

Management
Name	Position Held
Mr. Sanjay Chowdhri	Chairman & Managing Director
Mr. Abhinav Sanjay Chowdhri	Executive Director
Mrs. Lalita Sanjay Chowdhri	Non Exe.Non Ind.Director
Mr. Prakash Vithalrao Deshmukh	Ind.& Non Exe.Director
Mr. Sanjeev Ishwari Khandelwal	Ind.& Non Exe.Director
Mrs. Priya Dilipbhai Shah	Ind.& Non Exe.Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹7.07, which is 142.96% higher than the current market price of ₹2.91. The stock has a market capitalization of 72.7 Cr. and recorded a high/low of 3.93/0.65 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹-102 Cr and total liabilities of ₹33 Cr.

What is the Market Cap of ?

The Market Cap of is 72.7 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 2.91.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 3.93/0.65.

What is the Stock P/E of ?

The Stock P/E of is .

What is the Book Value of ?

The Book Value of is 3.08.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 21.8 %.

What is the ROE of ?

The ROE of is %.

What is the Face Value of ?

The Face Value of is 1.00.

Share Price and Basic Stock Data

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

Competitors of

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Cash Flow

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of ?

What is the Market Cap of ?

What is the current Stock Price of as on 22 December 2024?

What is the High / Low of stocks in FY 2024-2025?

What is the Stock P/E of ?

What is the Book Value of ?

What is the Dividend Yield of ?

What is the ROCE of ?

What is the ROE of ?

What is the Face Value of ?

About the Author

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