Financials Salem Erode Investments Limited

Equities

SALEM6

INE894E01028

Consumer Lending

Market Closed - Bombay S.E. 03:55:09 29/05/2024 pm IST 5-day change 1st Jan Change
58.35 INR -5.00% Intraday chart for Salem Erode Investments Limited -27.04% +45.88%

Valuation

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Capitalization 1 14.33 14.33 20.64 34.51 984.3 470.1
Enterprise Value (EV) 1 -2.86 -191.3 15.24 28.47 1,047 544.7
P/E ratio 1.72 x 0.23 x -17.2 x 2.52 x 138 x -486 x
Yield - - - - - -
Capitalization / Revenue 1.01 x 0.19 x 1.7 x 1.55 x 35.1 x 11.7 x
EV / Revenue -0.2 x -2.57 x 1.26 x 1.28 x 37.4 x 13.5 x
EV / EBITDA -0.26 x -2.81 x 9.24 x 1.81 x 71.5 x 33.1 x
EV / FCF -0.41 x -5.24 x -0.07 x -22.5 x -15.6 x -95 x
FCF Yield -245% -19.1% -1,349% -4.44% -6.39% -1.05%
Price to Book 0.08 x 0.06 x 0.09 x 0.14 x 3.79 x 1.82 x
Nbr of stocks (in thousands) 11,466 11,466 11,466 11,466 11,466 11,466
Reference price 2 1.250 1.250 1.800 3.010 85.85 41.00
Announcement Date 13/10/18 30/08/19 05/09/20 01/09/21 01/09/22 21/06/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net sales 1 14.15 74.45 12.12 22.29 28.02 40.27
EBITDA 1 11.21 68.16 1.65 15.75 14.64 16.46
EBIT 1 10.65 68 1.489 15.63 13.22 14.94
Operating Margin 75.29% 91.33% 12.29% 70.13% 47.16% 37.1%
Earnings before Tax (EBT) 1 10.65 68 -0.5119 19.08 10.94 -0.8427
Net income 1 8.346 61.01 -1.2 13.72 7.123 -0.9668
Net margin 58.98% 81.96% -9.9% 61.55% 25.42% -2.4%
EPS 2 0.7279 5.320 -0.1047 1.197 0.6200 -0.0843
Free Cash Flow 1 7.002 36.52 -205.6 -1.264 -66.94 -5.733
FCF margin 49.48% 49.06% -1,696.93% -5.67% -238.85% -14.24%
FCF Conversion (EBITDA) 62.46% 53.59% - - - -
FCF Conversion (Net income) 83.9% 59.86% - - - -
Dividend per Share - - - - - -
Announcement Date 13/10/18 30/08/19 05/09/20 01/09/21 01/09/22 21/06/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 62.6 74.6
Net Cash position 1 17.2 206 5.39 6.04 - -
Leverage (Debt/EBITDA) - - - - 4.28 x 4.531 x
Free Cash Flow 1 7 36.5 -206 -1.26 -66.9 -5.73
ROE (net income / shareholders' equity) 4.99% 30% -0.51% 5.58% 2.78% -0.37%
ROA (Net income/ Total Assets) 3.82% 19.7% 0.38% 3.72% 2.49% 2.38%
Assets 1 218.4 309.4 -315.8 368.7 286 -40.67
Book Value Per Share 2 14.90 20.40 20.90 22.00 22.70 22.60
Cash Flow per Share 2 0.9300 0.2700 0.0200 0.0300 3.740 3.030
Capex - - - 4.28 1.89 2.89
Capex / Sales - - - 19.18% 6.73% 7.18%
Announcement Date 13/10/18 30/08/19 05/09/20 01/09/21 01/09/22 21/06/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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