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Sobhagya Mercantile

₹21.4 -15 | 41.2%

Market Cap ₹1 Cr.

Stock P/E 0.1

P/B 0

Current Price ₹21.4

Book Value ₹ 1840.8

Face Value 10

52W High ₹21.4

Dividend Yield 0%

52W Low ₹ 7.2

Sobhagya Mercantile Research see more...

Overview Inc. Year: 1997Industry: Trading

Sobhagya Mercantile Share Price

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Peer Comparison

Sobhagya Mercantile 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 19 12 18 19 15 32 46 36 24 27
Other Income 0 1 0 0 0 0 0 0 0 0
Total Income 19 13 18 19 15 32 46 36 24 27
Total Expenditure 16 10 14 16 13 28 39 31 20 23
Operating Profit 3 3 4 3 2 4 6 5 3 4
Interest 0 0 0 0 0 0 0 1 0 1
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 2 3 3 1 4 6 4 3 3
Provision for Tax 0 0 0 1 0 1 2 1 1 1
Profit After Tax 2 2 3 2 1 3 5 3 2 2
Adjustments 0 -0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 2 3 2 1 3 5 3 2 2
Adjusted Earnings Per Share 59.1 49.8 76.4 57.9 21.5 72.9 110.6 82.5 51.2 53

Sobhagya Mercantile 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 0 0 0 0 0 0 0 6 38 67 109 133
Other Income 0 0 0 0 0 0 0 5 4 5 3 0
Total Income 0 0 0 0 0 0 0 11 42 72 112 133
Total Expenditure 0 0 0 0 0 0 0 5 32 58 96 113
Operating Profit -0 -0 -0 -0 -0 -0 -0 6 10 14 16 18
Interest 0 0 0 0 0 0 0 0 0 0 1 2
Depreciation 0 0 0 0 0 0 0 0 1 1 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 -0 -0 -0 -0 -0 6 9 13 14 16
Provision for Tax 0 0 0 0 0 0 0 0 1 2 4 5
Profit After Tax -0 -0 -0 -0 -0 -0 -0 6 8 11 11 12
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 -0 -0 -0 -0 -0 -0 6 8 11 11 12
Adjusted Earnings Per Share -0.3 -0.3 -0.5 -1 -0 -0.4 -1.1 144.5 193.9 268.7 263 297.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 63% 163% 0% 0%
Operating Profit CAGR 14% 39% 0% 0%
PAT CAGR 0% 22% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 85% 177% NA% NA%
ROE Average 36% 57% 64% 24%
ROCE Average 44% 54% 51% 20%

Sobhagya Mercantile 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 0 0 0 0 0 0 0 6 14 25 36
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 1 1
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 -0 0
Total Current Liabilities 0 0 0 0 0 0 0 9 21 26 51
Total Liabilities 0 0 0 0 0 0 0 15 35 52 88
Fixed Assets 0 0 0 0 0 0 0 1 2 1 2
Other Non-Current Assets 0 0 0 0 0 0 0 10 13 5 0
Total Current Assets 0 0 0 0 0 0 0 4 21 46 85
Total Assets 0 0 0 0 0 0 0 15 35 52 88

Sobhagya Mercantile 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 0 0 0 0 0 0 0 0 0 2 0
Cash Flow from Operating Activities -0 -0 -0 -0 -0 -0 -0 1 -1 -14 -2
Cash Flow from Investing Activities 0 0 0 0 0 0 0 -6 2 13 3
Cash Flow from Financing Activities 0 0 0 0 0 0 0 5 1 -0 -1
Net Cash Inflow / Outflow -0 -0 0 0 -0 0 0 0 2 -2 0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 2 0 0

Sobhagya Mercantile 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) -0.29 -0.29 -0.53 -0.99 -0.02 -0.4 -1.07 144.51 193.87 268.69 263
CEPS(Rs) -0.29 -0.28 -0.53 -0.99 -0.02 -0.4 -1.07 149.2 206.24 281.48 275.01
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 6 5.72 5.17 4.19 3.21 2.99 1.53 145.57 340.3 609.49 872.37
Core EBITDA Margin(%) 0 0 0 0 0 0 0 21.75 15.22 13.52 11.49
EBIT Margin(%) 0 0 0 0 0 0 0 106.59 24.83 20.35 14.05
Pre Tax Margin(%) 0 0 0 0 0 0 0 106.23 24.24 19.61 13.23
PAT Margin (%) 0 0 0 0 0 0 0 101.62 20.7 16.47 9.86
Cash Profit Margin (%) 0 0 0 0 0 0 0 104.92 22.02 17.25 10.31
ROA(%) -3.78 -3.76 -6.99 -12.91 -0.33 -5.91 -15.97 78.39 31.8 25.24 15.36
ROE(%) -4.71 -4.89 -9.78 -21.06 -0.65 -13.05 -47.81 196.47 79.8 56.58 35.5
ROCE(%) -3.78 -3.76 -6.99 -12.94 -0.33 -5.94 -16.19 109.21 60.17 57.21 44.15
Receivable days 0 0 0 0 0 0 0 196.07 86.41 71.99 104.82
Inventory Days 0 0 0 0 0 0 0 0.11 0.31 1.18 2.05
Payable days 0 0 0 0 0 0 0 0 201.11 232.15 300.21
PER(x) 0 0 0 0 0 0 0 0 0 0 0
Price/Book(x) 0 0 0 0 0 0 0 0 0 0 0
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0 0 0 0 0 0 0 0.91 0.13 0.03 0.05
EV/Core EBITDA(x) -25.92 -27.31 -15.56 -9.38 -391.46 -24.12 -9.91 0.83 0.49 0.16 0.33
Net Sales Growth(%) 0 0 0 0 0 0 0 0 558.53 74.25 63.48
EBIT Growth(%) -50.89 0.85 -86.18 -85.63 97.58 -1597.82 -168.93 0 53.43 42.75 12.86
PAT Growth(%) -51.55 0.87 -85.65 -85.12 97.56 -1581.25 -168.7 0 34.16 38.59 -2.12
EPS Growth(%) -51.53 0.85 -85.64 -85.13 97.56 -1581.25 -164.81 0 34.16 38.59 -2.12
Debt/Equity(x) 0.26 0.33 0.47 0.82 1.08 1.31 3.18 0.86 0.47 0.08 0.19
Current Ratio(x) 0.12 4.57 5.22 5.82 0.07 0.08 0.08 0.44 0.99 1.79 1.67
Quick Ratio(x) 0.12 4.57 5.22 5.82 0.07 0.08 0.08 0.44 0.99 1.77 1.65
Interest Cover(x) -124.2 -127.97 -200.75 -445.76 -83.05 -461.99 -771.86 299.26 41.84 27.68 17.21
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Sobhagya Mercantile Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 34.51 34.51 34.51 34.51 34.51 34.51 34.51 34.51 34.51 34.51
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 65.49 65.49 65.49 65.49 65.49 65.49 65.49 65.49 65.49 65.49
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at 0 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 57%
  • Company is almost debt free.

Cons

  • Promoter holding is low: 34.51%.
  • Debtor days have increased from 232.15 to 300.21days.

* 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.

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