Sanghi Industries Ltd.
| Sanghi Industries | |||||||||||||||
| Year | FV | CMP | Market Cap | 52 Week High | 52 Week Low | Equity Capital | Net Worth | Total Debt | Total Sales | PAT | BV | EPS | P/E | P/BV | Promoter’s Holdings |
| Rs | Rs | Rs Cr. | Rs | Rs | Rs Cr. | Rs Cr. | Rs Cr. | Rs Cr. | Rs Cr. | Rs | % | ||||
| 2020 Q1 | 10.00 | 55.35 | 1389 | 74.45 | 46.30 | 251 | 1689 | 756 | 278 | 38 | 67.28 | 1.53 | 9.05 | 0.82 | 65.71 |
| 2019 | 10.00 | 55.35 | 251 | 1650 | 756 | 1088 | 53 | 65.75 | 2.10 | 26.41 | 0.84 | 65.71 | |||
Industry: Cement
Shares Pledged by promoters: 98.67% of 16,49,43,167 shares, which comes up to 64.83% of the total shareholdings.
Board of Directors:
- Shri Ravi Sanghi: Chairman and Managing Director
- Shri Aditya Sanghi: Executive Director
- Shri Alok Sanghi:Executive Director
Important Points from the Annual Report 2018/19:
- During the year under review, the Company has commenced the project for expansion of its capacity from 4.1 MMTPA to 8.1 MMTPA as planned out by the Company
- The Indian cement industry’s production increased by 13.3% in FY-19 compared to a growth of 6.3% in FY-18. The cement production was 337.32 million tonne in FY-19 against 297.71 million tonne in FY-18. The capacity utilization during FY-19 was around 67% against 65% during FY-18.(Industry Analysis).
- The company’s cement sales volume was 25.74 Lac MT in FY19 as compared to 23.62 Lac MT in FY18. The growth in sales volume was approximately 9%..
- The Company face high costs in 2019 as compared to 2018. Even though the employees coast and administrative expenses reduced significantly from the previous year, their power and fuel cost per tonne of sale increased by 15%, the raw material cost increased by 13% and selling and distribution cost increased by 3%. This in turn reduced the profits drastically.
- The Net profit margins were down by almost 46% due to an increase in the expenses.
- The Company has raised17 Crore through Qualified Institutions Placement by issuing 3,10,21,000 Equity Shares of 10/- each at an issue price of 129/- each at a premium of 119/- each during the Financial year 2017-18. The Company has utilized 278.25 Crore towards Issue expenses and Capital Expenditure. The Unutilized balance of QIP is 121.92 Crore as on 31.03.2019 which is booked as Short Term Deposits with the Bank and remaining balances with Bank under Cash and Cash Equivalent
- Operating Cash flow fell down significantly from 222 Cr in 2018 to 98 Cr in 2019. (High Inventories)