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Simmonds Marshall

₹84.5 4 | 5%

Market Cap ₹95 Cr.

Stock P/E 23.6

P/B 2.7

Current Price ₹84.5

Book Value ₹ 31.2

Face Value 2

52W High ₹100

Dividend Yield 0%

52W Low ₹ 38

Simmonds Marshall Research see more...

Overview Inc. Year: 1960Industry: Fasteners

Simmonds Marshall Share Price

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Peer Comparison

Simmonds Marshall Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 41 38 44 47 51 43 46 47 50 47
Other Income 0 0 0 0 1 0 1 1 0 0
Total Income 41 39 44 47 51 43 47 47 50 47
Total Expenditure 36 35 43 44 47 42 42 43 45 43
Operating Profit 5 3 2 3 4 0 5 4 6 4
Interest 2 2 2 2 2 2 2 2 2 2
Depreciation 2 2 2 2 2 2 2 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 -1 0 2
Profit Before Tax 1 -1 -2 -1 0 -4 1 -0 2 2
Provision for Tax 0 0 -0 0 0 0 0 0 0 -0
Profit After Tax 1 -1 -2 -1 0 -4 1 -0 1 2
Adjustments 0 0 0 0 0 0 -0 0 0 0
Profit After Adjustments 1 -1 -2 -1 0 -4 1 -0 2 2
Adjusted Earnings Per Share 0.8 -0.5 -1.8 -0.5 0 -3.2 1.3 -0.4 1.4 1.4

Simmonds Marshall Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 98 112 144 145 155 188 195 152 134 157 186 190
Other Income 0 1 0 0 0 1 1 0 1 1 2 2
Total Income 98 113 144 146 155 188 196 152 135 158 188 191
Total Expenditure 87 100 125 130 138 166 179 152 138 147 174 173
Operating Profit 11 13 19 16 17 22 16 0 -3 11 13 19
Interest 4 3 4 4 3 3 4 5 8 9 9 8
Depreciation 2 2 4 4 4 4 5 5 7 7 7 8
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 1
Profit Before Tax 5 7 11 8 10 15 8 -11 -18 -5 -3 5
Provision for Tax 2 3 4 3 3 4 2 -3 -0 -0 0 0
Profit After Tax 4 5 7 5 6 10 6 -8 -18 -5 -3 4
Adjustments -0 -0 0 -0 0 -0 0 -0 0 0 0 0
Profit After Adjustments 4 5 7 5 6 10 6 -8 -18 -5 -3 5
Adjusted Earnings Per Share 3.1 4.1 6.6 4.2 5.7 8.9 5.2 -6.9 -16 -4.3 -2.4 3.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 18% 7% -0% 7%
Operating Profit CAGR 18% 0% -10% 2%
PAT CAGR 0% 0% NAN% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 119% 39% 3% 15%
ROE Average -8% -19% -12% 2%
ROCE Average 8% 1% 2% 10%

Simmonds Marshall Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 33 37 43 47 54 63 68 58 40 35 33
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 14 14 16 13 13 10 12 17 22 20 15
Other Non-Current Liabilities 2 3 3 3 3 2 3 -1 37 37 38
Total Current Liabilities 31 31 43 37 41 48 59 85 98 92 90
Total Liabilities 80 84 105 100 111 123 141 159 197 184 175
Fixed Assets 23 23 27 23 29 28 29 26 83 78 72
Other Non-Current Assets 2 3 2 3 2 2 4 23 4 4 3
Total Current Assets 56 58 77 73 80 93 108 110 110 103 100
Total Assets 80 84 105 100 111 123 141 159 197 184 175

Simmonds Marshall Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 6 6 5 6 3 1 0 1 1 0 0
Cash Flow from Operating Activities 6 9 9 9 9 11 -0 14 7 14 13
Cash Flow from Investing Activities -1 -4 -6 -2 -8 -3 -5 -17 -8 -4 -1
Cash Flow from Financing Activities -4 -5 -2 -8 -3 -8 6 2 0 -11 -13
Net Cash Inflow / Outflow 0 -0 0 -0 -3 -1 0 0 -0 -0 0
Closing Cash & Cash Equivalent 6 5 6 6 1 0 1 1 0 0 0

Simmonds Marshall Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 3.13 4.11 6.62 4.21 5.68 8.94 5.23 -6.93 -15.96 -4.29 -2.42
CEPS(Rs) 4.85 6.02 9.92 8.53 9.32 12.58 9.23 -2 -10.07 2.19 3.73
DPS(Rs) 0.5 0.5 0.5 0.5 0.5 0.7 0.5 0 0 0 0
Book NAV/Share(Rs) 29.59 32.94 38.84 42.31 48.31 56.29 60.3 52.02 35.8 31.11 29.04
Core EBITDA Margin(%) 9.86 9.56 11.73 9.78 10.56 11.32 7.81 -0.06 -2.57 6.55 6.19
EBIT Margin(%) 8.41 8.37 9.58 7.25 8.12 9.49 5.89 -3.46 -7.07 2.48 3.4
Pre Tax Margin(%) 4.81 5.75 7.09 4.88 6.27 7.74 3.98 -7.03 -13.37 -3.11 -1.44
PAT Margin (%) 3.2 3.65 4.56 3.15 4.1 5.36 2.96 -5.09 -13.34 -3.1 -1.48
Cash Profit Margin (%) 4.96 5.34 6.97 5.91 6.75 7.51 5.31 -1.48 -8.4 1.56 2.25
ROA(%) 4.41 5.6 7.66 4.96 6.01 8.58 4.37 -5.14 -10.05 -2.56 -1.53
ROE(%) 11.03 13.16 18.1 11.2 12.49 17.17 8.83 -12.26 -36.4 -13.03 -8.17
ROCE(%) 14.41 15.86 20.92 14.82 15.17 20.17 11.73 -4.98 -9.49 4.32 7.59
Receivable days 82.19 74.6 70.48 77.45 87.15 86.8 84.35 71.7 63.14 61.27 49.64
Inventory Days 76.32 69.1 66.19 72.84 76.83 72.28 96.61 153.8 164.82 127.09 112.49
Payable days 83.61 73.76 89.55 95.11 96.9 122.02 142.22 176.35 199.83 204.58 166.16
PER(x) 6.71 5.47 11.04 15.88 16.42 12.98 14.6 0 0 0 0
Price/Book(x) 0.71 0.68 1.88 1.58 1.93 2.06 1.27 0.42 0.84 1.22 1.33
Dividend Yield(%) 2.38 2.22 0.68 0.75 0.54 0.6 0.65 0 0 0 0
EV/Net Sales(x) 0.51 0.45 0.77 0.7 0.86 0.83 0.63 0.47 0.65 0.6 0.49
EV/Core EBITDA(x) 4.51 3.97 5.8 6.27 7.99 7.16 7.61 307.13 -30.62 8.36 6.81
Net Sales Growth(%) 4.64 14.58 28.61 0.94 6.35 21.34 3.75 -22.15 -11.49 17.28 18.14
EBIT Growth(%) -40.85 14.68 44.46 -23.25 7.15 41.86 -35.58 -145.67 -80.86 141.18 61.97
PAT Growth(%) -56.02 31.53 57.82 -30.01 24.51 58.65 -42.66 -233.77 -132.07 72.73 43.6
EPS Growth(%) -56.02 31.5 61.04 -36.38 34.68 57.48 -41.43 -232.3 -130.43 73.12 43.62
Debt/Equity(x) 0.98 0.83 0.8 0.68 0.59 0.44 0.55 0.81 1.35 1.49 1.45
Current Ratio(x) 1.79 1.91 1.79 1.99 1.96 1.93 1.84 1.3 1.12 1.12 1.12
Quick Ratio(x) 1.03 1.12 1 1.16 1.12 1.1 0.77 0.54 0.54 0.55 0.43
Interest Cover(x) 2.33 3.19 3.85 3.06 4.4 5.41 3.08 -0.97 -1.12 0.44 0.7
Total Debt/Mcap(x) 1.38 1.22 0.43 0.43 0.3 0.21 0.44 1.92 1.6 1.22 1.09

Simmonds Marshall Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 58.77 58.77 58.77 59.12 59.12 59.12 59.12 59.12 59.12 59.57
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 41.23 41.23 41.23 40.88 40.88 40.88 40.88 40.88 40.88 40.43
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 204.58 to 166.16days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of -19% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Simmonds Marshall News

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