Scrip Watch

Sanghi Industries Ltd.

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Sanghi Industries Ltd.

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:

  1. Shri Ravi Sanghi: Chairman and Managing Director
  2. Shri Aditya Sanghi: Executive Director
  3. 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)

 

Excerpts from Gaurav’s Blog

Mumbai Equity Workshop ~ Saturday April 30 2022 ~ Almost Full ~ Top 10 Winning Moves

Losers Focus on Winners – Winners Focus on Winning   Workshop Conceptualised & Conducted by GAURAV A PARIKH Stock Markets ~ Minting Millions ~ TOP 10 Winning Moves Grabbing Short Term Too While Compounding Long Term Post Pandemic lock-down, this is the First Fundamental Direct Equity ‘Value Vs Price’ Workshop in over Two and a Half Years by Gaurav Parikh and Jeena … Mumbai Equity Workshop ~ Saturday April 30 2022 ~ Almost Full ~ Top 10 Winning Moves Read More » The post Mumbai Equity Workshop ~ Saturday April 30 2022 ~ Almost Full ~ Top 10 Winning Moves first appeared on Gaurav's Blog. [...]

RIP S T Gerela ex GM BSE ~ gave me the best compliment till date

  Rest in Peace now Gerela Saab  ! Mr S T Gerela ex GM of BSE passed away peacefully this morning We had not met in years but he always remained at the top of my mind when it came to testimonials for this is what he had said to me over a decade ago,when … RIP S T Gerela ex GM BSE ~ gave me the best compliment till date Read More » The post RIP S T Gerela ex GM BSE ~ gave me the best compliment till date first appeared on Gaurav's Blog. [...]

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal !

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of  Vedanta Ltd has proposed a voluntary de-listing at an indicative offer price of Rs 87.50~are the over 7.3 lakh minority shareholders from Alibag !? …apologies to the people of Alibag Some would term this as De-listing Duplicity ~ but I would … Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Read More » The post Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! first appeared on Gaurav's Blog. [...]

Riskless Reliance Industries Rights Investment Strategy

This is a Riskless Reliance Industries Rights Investment Strategy for those over 2.3 Million Shareholders already holding RIL shares. It is not a recommendation to buy RIL cum rights  It’s a no brainer yet I’m just penning a brief note because some have told me they hold Reliance but are skipping the Rights ! Don’t … Riskless Reliance Industries Rights Investment Strategy Read More » The post Riskless Reliance Industries Rights Investment Strategy first appeared on Gaurav's Blog. [...]

Covid-19 Crisis-Your Well Being is more important than Stock Market Well Being

 Wealth is negotiable, Health is not Your Personal Well Being is more important that the Stock Market Well Being ~ Always & more so in this unfathomable ongoing Covid-19 Reality Above’s a three minute reach out by me last night to all connected with me to reinforce this .It’s also posted on Facebook , … Covid-19 Crisis-Your Well Being is more important than Stock Market Well Being Read More » The post Covid-19 Crisis-Your Well Being is more important than Stock Market Well Being first appeared on Gaurav's Blog. [...]