Sanwaria Consumer Limited - Results for - Q4 FY 2017-18

 

Sanwaria Consumer Limited

 

Results for

Q4 FY 2017-18

Sanwaria Consumer Limited is a FMCG Food Processing company that commenced its operations in 1993. It is one of the largest integrated food processors in India and is engaged in the business of manufacturing and selling of Rice, edible oil and staple food products like Pulses, Sugar, Soya Chunks, Wheat Flour, Rice Flour, Salt, Suji, Maida, Besan, Daliya, Soya Meal etc.

Currently the Company is having the capacity of 2500 TPD of Solvent Extraction Plant, Soya Refinery of 250 TPD and 500 TPD of Rice Milling Plant, in Madhya Pradesh; It’s a state where Soyabean, Paddy, Wheat are available in plenty along with Skilled, semi-skilled and unskilled labour. The Company has a strong distribution network with reputable brands like Sanwaria, Narmada, Sulabh and Nashira.

The Company has ventured into direct retail by opening up ATM size retail outlets under the brand name ‘ Sanwaria Consumer Shoppy ’ to reach the end customer directly.

The Group has sustained exposure in manufacturing /processing/trading of Soya Products, Rice and rice related products, food grains and pulses. In Addition, the Company has marked it’s presence in international market for Import and Export for its various commodities and has a 100% Subsidiary in Singapore.

The Company has manufacturing units at 3 locations - Mandideep, Itarsi and Betul, strategically located in the food production and consumption belt in India.

The Company was ranked 336th in amongst 1000 India's finest Companies on the basis of Turnover by the “The Financial Express”.

Its Q4  FY 2017-18 results are tabled below.Net Sales have increased 24.3% YoY and 10.55% QoQ. Net Profit has increased  133% YoY and 42%  QoQ. PE stands at 11.64 at current price of 22.35 .Price Growth during last one year has been very Good.

SANWARIA CHEM	Mar '18	Dec '17	Sep '17	Jun '17	Mar '17	YOY	QOQ
Net Sales	1,407.82	1,273.49	1,221.47	1,152.10	1,132.37	24.33	10.55
Other Operating Income	6.34	3.18	2.93	1.94	5.91	7.28	99.37
Total Income	1,414.16	1,276.67	1,224.39	1,154.04	1,138.28	24.24	10.77
EXPENDITURE
Raw Materials	1,297.60	1,184.31	1,223.92	1,108.31	1,103.96	17.54	9.57
Increase in Stocks	37.71	-6.57	-70.14	-17.33	-8.02	-570.2	-673.97
Employees Cost	1.25	1.35	1.67	1.08	1.17	6.84	-7.41
Depreciation	1.82	1.82	1.82	1.82	1.98	-8.08	0
Other Expenses	12.14	44.03	23.96	20.73	11.29	7.53	-72.43
P/B Int., Excpt. Items & Tax	63.64	51.73	43.16	39.44	27.9	128.1	23.02
Interest	20.11	19.57	17.44	17.61	11.38	76.71	2.76
P B T	43.54	32.15	25.72	21.83	16.51	163.72	35.43
Tax	7.84	7.07	4.67	3.21	1.22	542.62	10.89
Net Profit	35.7	25.08	21.05	18.61	15.3	133.33	42.34
Equity	73.61	73.61	73.61	36.81	36.81	99.97	0
Basic EPS	0.48	0.34	0.29	0.51	0.42	14.29	41.18
Diluted EPS	0.48	0.34	0.14	0.51	0.42	14.29	41.18
MP	22.35
PE	11.64
PRICE GROWTH	1 week	2 week	1 month	3 month	6 month	9 month	1 year
Price	19.8	19	15.75	30.1	12.17	9.54	6.46
Gain	12.63%	17.37%	41.59%	-25.91%	83.24%	133.75%	245.20%

PERFORMANCE HIGH LIGHTS

> Net profit for FY 2017-18 (unaudited) has increased by 133.36% from FY 2016-17

> Revenue for FY 2017-18 has increased by 43.91% from FY 2016-17

> Diluted EPS stood at 1.36 for FY 2017-18 against 0.66 for 2016-17

> Company has entered into Agreement with Patanjali Ayurved, to manufacture and supply soya chunks or Soya bari in Patanjali Brand

> Sanwaria is opening retail outlets under the Brand Name Sanwaria Consumer Shoppy. So far opened 25 such stores in MP and 25 more are in pipeline. Planning to open 500 stores in various parts of India.

> Recently, company is ranked 313th amongst top 500 companies on the basis of  turnover by Fortune India 500.

> Company has 35 products currently which will go up to 50 quickly and to 100 within 203 years