Balance Sheet Sheetal Cool Products Limited

Equities

SCPL

INE501Y01019

Food Processing

Market Closed - Bombay S.E. Other stock markets 03:31:00 06/09/2024 pm IST			5-day change	1st Jan Change
397.80 ^INR	-1.91%		-1.98%	+18.92%

15/07	Sheetal Cool Products Limited Reports Earnings Results for the First Quarter Ended June 30, 2024	CI
11/05	Sheetal Cool Products Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024	CI

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Published financial data: SHEETAL COOL PRODUCTS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	2.59B	2.32B	3.27B	3.4B	3.53B
Other Revenues, Total	-	-	-	15.24M	20.66M
Total Revenues	2.59B	2.32B	3.27B	3.42B	3.55B
Cost of Goods Sold, Total	1.78B	1.65B	2.4B	2.28B	2.43B
Gross Profit	814M	669M	864M	1.14B	1.12B
Selling General & Admin Expenses, Total	230M	188M	194M	267M	236M
Provision for Bad Debts	79.32K	28.14K	-	-	-
Depreciation & Amortization - (IS)	159M	150M	109M	96.44M	91.67M
Other Operating Expenses	260M	253M	295M	406M	413M
Other Operating Expenses, Total	649M	591M	597M	769M	741M
Operating Income	165M	78.68M	267M	369M	380M
Interest Expense, Total	-42.95M	-54.57M	-45.74M	-67.02M	-86.92M
Interest And Investment Income	1.19M	878K	857K	1.12M	1.34M
Net Interest Expenses	-41.76M	-53.69M	-44.89M	-65.9M	-85.58M
Currency Exchange Gains (Loss)	-	726	-	-	-
Other Non Operating Income (Expenses)	6.82M	15.27M	23.72M	-7.68M	-2.05M
EBT, Excl. Unusual Items	130M	40.27M	246M	296M	292M
Gain (Loss) On Sale Of Assets	-2.48M	42.16M	-1.78M	-18.72M	-10.8M
Insurance Settlements	784K	732K	4.26M	183K	575K
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	128M	83.16M	248M	277M	282M
Income Tax Expense	30.4M	22.2M	63.99M	72.45M	73.69M
Earnings From Continuing Operations	98.09M	60.96M	184M	205M	208M
Net Income to Company	98.09M	60.96M	184M	205M	208M
Net Income - (IS)	98.09M	60.96M	184M	205M	208M
Net Income to Common Incl Extra Items	98.09M	60.96M	184M	205M	208M
Net Income to Common Excl. Extra Items	98.09M	60.96M	184M	205M	208M
Per Share Items
Net EPS - Basic	9.34	5.81	17.55	19.48	19.85
Basic EPS - Continuing Operations	9.34	5.81	17.55	19.48	19.85
Basic Weighted Average Shares Outstanding	10.5M	10.5M	10.5M	10.5M	10.5M
Net EPS - Diluted	9.34	5.81	17.55	19.48	19.85
Diluted EPS - Continuing Operations	9.34	5.81	17.55	19.48	19.85
Diluted Weighted Average Shares Outstanding	10.5M	10.5M	10.5M	10.5M	10.5M
Normalized Basic EPS	7.75	2.4	14.63	17.59	17.4
Normalized Diluted EPS	7.75	2.4	14.63	17.59	17.4
Supplemental Items
EBITDA	323M	228M	376M	465M	471M
EBITA	165M	78.68M	267M	369M	380M
EBIT	165M	78.68M	267M	369M	380M
EBITDAR	324M	230M	377M	467M	472M
Total Revenues (As Reported)	2.6B	2.39B	3.3B	3.42B	3.56B
Effective Tax Rate - (Ratio)	23.66	26.7	25.77	26.16	26.12
Total Current Taxes	31.68M	20.03M	70.07M	81.76M	79.34M
Total Deferred Taxes	-1.28M	2.14M	-6.08M	-9.22M	-5.6M
Normalized Net Income	81.37M	25.17M	154M	185M	183M
Interest on Long-Term Debt	40.58M	36.41M	30.64M	20.94M	24.72M
Non-Cash Pension Expense	88.91K	-3.6K	-1.18M	22K	25K
Supplemental Operating Expense Items
Advertising Expense	67.38M	40.06M	25.51M	28.4M	31M
Selling and Marketing Expenses	67.38M	40.06M	25.51M	28.4M	31M
Net Rental Expense, Total	511K	1.9M	1.08M	1.51M	1M
Imputed Operating Lease Interest Expense	359K	1.35M	542K	1.01M	823K
Imputed Operating Lease Depreciation	151K	553K	536K	497K	179K
Maintenance & Repair Expenses, Total	8.88M	7.35M	8.81M	5.52M	5.03M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	5.59M	40.79M	9.43M	19.4M	50.42M
Total Cash And Short Term Investments	5.59M	40.79M	9.43M	19.4M	50.42M
Accounts Receivable, Total	252M	55.21M	208M	31.63M	500M
Other Receivables	1.82M	236K	618K	3.92M	3.34M
Notes Receivable	1.01M	601K	548K	726K	797K
Total Receivables	255M	56.05M	209M	36.27M	504M
Inventory	509M	972M	1.17B	1.68B	1.3B
Prepaid Expenses	2.44M	1.61M	405K	3.31M	2.88M
Other Current Assets, Total	20.95M	13.61M	10.66M	2.13M	8.54M
Total Current Assets	793M	1.08B	1.4B	1.74B	1.86B
Gross Property Plant And Equipment	1.33B	1.13B	1.11B	1.17B	1.2B
Accumulated Depreciation	-409M	-475M	-584M	-675M	-765M
Net Property Plant And Equipment	920M	653M	529M	490M	439M
Long-term Investments	11.64M	14.73M	19.23M	17.49M	2.61M
Other Intangibles, Total	1.87M	1.49M	1.12M	1.04M	812K
Deferred Tax Assets Long-Term	-	-	-	6.57M	12.15M
Other Long-Term Assets, Total	5.68M	6.14M	8.87M	12.25M	29.5M
Total Assets	1.73B	1.76B	1.96B	2.27B	2.35B
Liabilities
Accounts Payable, Total	355M	330M	271M	248M	192M
Accrued Expenses, Total	3.18M	10.94M	4.62M	24.72M	34.66M
Short-term Borrowings	96.75M	361M	350M	541M	606M
Current Portion of Long-Term Debt	95.3M	87.27M	80.86M	77.64M	73.16M
Current Income Taxes Payable	8.04M	18.63M	69.69M	81.22M	34.49M
Other Current Liabilities	21.37M	8.41M	19.14M	7.73M	13.57M
Total Current Liabilities	580M	817M	796M	980M	954M
Long-Term Debt	326M	265M	311M	239M	156M
Pension & Other Post Retirement Benefits	322K	876K	309K	342K	316K
Deferred Tax Liability Non Current	6.55M	8.7M	2.62M	-	-
Other Non Current Liabilities	333M	121M	116M	111M	91.42M
Total Liabilities	1.25B	1.21B	1.23B	1.33B	1.2B
Common Stock, Total	105M	105M	105M	105M	105M
Additional Paid In Capital	210M	210M	210M	210M	210M
Retained Earnings	172M	233M	417M	621M	829M
Comprehensive Income and Other	-	-	-	1M	1.06M
Total Common Equity	487M	548M	732M	937M	1.15B
Total Equity	487M	548M	732M	937M	1.15B
Total Liabilities And Equity	1.73B	1.76B	1.96B	2.27B	2.35B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	10.5M	10.5M	10.5M	10.5M	10.5M
ECS Total Common Shares Outstanding	10.5M	10.5M	10.5M	10.5M	10.5M
Book Value / Share	46.38	52.19	69.74	89.23	109.08
Tangible Book Value	485M	546M	731M	936M	1.14B
Tangible Book Value Per Share	46.2	52.04	69.63	89.13	109
Total Debt	518M	713M	742M	858M	836M
Net Debt	512M	673M	732M	838M	785M
Debt Equivalent of Unfunded Proj. Benefit Obligation	386K	892K	309K	345K	322K
Debt Equivalent Oper. Leases	4.09M	15.2M	8.62M	12.06M	8.02M
Account Code - Inventory Valuation	6	6	6	5	5
Inventories - Raw Materials, Total	283M	202M	292M	292M	222M
Inventories - Finished Goods, Total	226M	770M	879M	1.39B	1.08B
Inventories - Others	-	-	-	-	-
Land - (BS)	18.04M	18.04M	18.04M	18.04M	18.04M
Buildings, Total	111M	111M	111M	111M	111M
Machinery, Total	1.2B	999M	984M	1.04B	1.07B
Full Time Employees	310	449	387	1.53K	860
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	193K	316K

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	98.09M	60.96M	184M	205M	208M
Depreciation & Amortization - CF	158M	150M	109M	96.12M	91.4M
Depreciation & Amortization, Total	158M	150M	109M	96.12M	91.4M
Amortization of Deferred Charges, Total - (CF)	448K	480K	373K	316K	261K
(Gain) Loss From Sale Of Asset	2.48M	-42.16M	1.78M	18.72M	10.8M
Provision and Write-off of Bad Debts	79.32K	28.14K	-	193K	123K
Other Operating Activities, Total	53.29M	76.11M	94.58M	75.88M	35.3M
Change In Accounts Receivable	-157M	197M	-153M	176M	-469M
Change In Inventories	-118M	-463M	-199M	-508M	380M
Change In Accounts Payable	50.45M	-25.15M	-58.81M	-23.73M	-55.59M
Change in Other Net Operating Assets	125M	111M	78.98M	136M	96.48M
Cash from Operations	213M	64.91M	58.45M	176M	299M
Capital Expenditure	-270M	-165M	-66.14M	-208M	-160M
Sale of Property, Plant, and Equipment	21.73M	4.69M	-	240K	1.55M
Sale (Purchase) of Intangible assets	-740K	-104K	-	-	-
Other Investing Activities, Total	-2.02M	-2.03M	-3M	528K	1.53M
Cash from Investing	-251M	-162M	-69.13M	-207M	-157M
Short Term Debt Issued, Total	487M	1.69B	4.44B	188M	60.77M
Long-Term Debt Issued, Total	152M	77.01M	112M	-	-
Total Debt Issued	639M	1.77B	4.56B	188M	60.77M
Short Term Debt Repaid, Total	-439M	-1.43B	-4.37B	-	-
Long-Term Debt Repaid, Total	-140M	-146M	-163M	-72.16M	-82.85M
Total Debt Repaid	-579M	-1.57B	-4.53B	-72.16M	-82.85M
Issuance of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-46.72M	-62.7M	-49.19M	-74.7M	-88.98M
Cash from Financing	13.06M	133M	-20.68M	41.15M	-111M
Miscellaneous Cash Flow Adjustments	-	-	1K	1K	-
Net Change in Cash	-24.98M	35.2M	-31.36M	9.98M	31.02M
Supplemental Items
Cash Interest Paid	46.72M	54.57M	45.74M	67.02M	86.92M
Cash Income Tax Paid (Refund)	23.64M	9.46M	19.01M	70.15M	126M
Levered Free Cash Flow	-206M	-276M	-170M	-256M	-65.26M
Unlevered Free Cash Flow	-179M	-242M	-141M	-214M	-10.93M
Change In Net Working Capital	170M	276M	351M	333M	180M
Net Debt Issued / Repaid	59.77M	195M	28.52M	116M	-22.08M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	6.57	2.82	8.98	10.92	10.29
Return on Total Capital	11.14	4.34	12.2	14.12	12.58
Return On Equity %	22.4	11.78	28.79	24.51	20.02
Return on Common Equity	22.4	11.78	28.79	24.51	20.02
Margin Analysis
Gross Profit Margin %	31.44	28.86	26.45	33.31	31.58
SG&A Margin	8.89	8.09	5.92	7.8	6.65
EBITDA Margin %	12.49	9.85	11.5	13.61	13.29
EBITA Margin %	6.38	3.39	8.17	10.8	10.71
EBIT Margin %	6.38	3.39	8.17	10.8	10.71
Income From Continuing Operations Margin %	3.79	2.63	5.64	5.98	5.87
Net Income Margin %	3.79	2.63	5.64	5.98	5.87
Net Avail. For Common Margin %	3.79	2.63	5.64	5.98	5.87
Normalized Net Income Margin	3.14	1.09	4.7	5.4	5.15
Levered Free Cash Flow Margin	-7.95	-11.89	-5.19	-7.49	-1.84
Unlevered Free Cash Flow Margin	-6.91	-10.42	-4.32	-6.26	-0.31
Asset Turnover
Asset Turnover	1.65	1.33	1.76	1.62	1.54
Fixed Assets Turnover	2.97	2.95	5.53	6.7	7.64
Receivables Turnover (Average Receivables)	14.92	15.09	24.85	28.42	13.27
Inventory Turnover (Average Inventory)	3.95	2.23	2.24	1.6	1.63
Short Term Liquidity
Current Ratio	1.37	1.33	1.76	1.77	1.95
Quick Ratio	0.45	0.12	0.27	0.06	0.58
Operating Cash Flow to Current Liabilities	0.37	0.08	0.07	0.18	0.31
Days Sales Outstanding (Average Receivables)	24.54	24.18	14.69	12.84	27.58
Days Outstanding Inventory (Average Inventory)	92.78	163.8	162.68	228.11	224.39
Average Days Payable Outstanding	63.83	59.22	42.19	33.98	39.31
Cash Conversion Cycle (Average Days)	53.48	128.77	135.19	206.97	212.67
Long Term Solvency
Total Debt/Equity	106.36	130.19	101.32	91.56	72.96
Total Debt / Total Capital	51.54	56.56	50.33	47.8	42.18
LT Debt/Equity	66.93	48.35	42.49	25.51	13.63
Long-Term Debt / Total Capital	32.43	21	21.11	13.32	7.88
Total Liabilities / Total Assets	71.89	68.86	62.61	58.68	51.21
EBIT / Interest Expense	3.84	1.44	5.84	5.51	4.37
EBITDA / Interest Expense	7.53	4.18	8.21	6.94	5.42
(EBITDA - Capex) / Interest Expense	1.24	1.16	6.77	3.84	3.58
Total Debt / EBITDA	1.6	3.12	1.98	1.84	1.77
Net Debt / EBITDA	1.58	2.95	1.95	1.8	1.67
Total Debt / (EBITDA - Capex)	9.76	11.26	2.4	3.34	2.68