Financials The Sandesh Limited

Equities

SANDESH

INE583B01015

Consumer Publishing

Market Closed - NSE India S.E. 07:43:49 2024-05-03 am EDT 5-day change 1st Jan Change
1,237 INR -2.79% Intraday chart for The Sandesh Limited +1.55% +10.15%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 7,450 5,752 3,470 4,908 4,950 7,276
Enterprise Value (EV) 1 5,064 2,844 1,432 1,884 2,034 2,979
P/E ratio 8.99 x 8.88 x 5.68 x 5.45 x 5.51 x 7.17 x
Yield 0.51% 0.66% 1.09% 0.77% 0.76% 0.52%
Capitalization / Revenue 1.91 x 1.31 x 0.98 x 1.53 x 1.47 x 1.92 x
EV / Revenue 1.3 x 0.65 x 0.4 x 0.59 x 0.61 x 0.78 x
EV / EBITDA 3.82 x 2.64 x 1.74 x 1.53 x 1.96 x 2.23 x
EV / FCF 7.5 x 5.01 x -1.72 x 1.06 x 4.67 x 2.63 x
FCF Yield 13.3% 20% -58.1% 94.7% 21.4% 38%
Price to Book 1.11 x 0.79 x 0.44 x 0.55 x 0.52 x 0.69 x
Nbr of stocks (in thousands) 7,569 7,569 7,569 7,569 7,569 7,569
Reference price 2 984.2 759.9 458.4 648.4 654.0 961.3
Announcement Date 5/28/18 9/4/19 12/7/20 9/6/21 9/6/22 8/29/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 3,906 4,388 3,548 3,209 3,359 3,796
EBITDA 1 1,325 1,078 822.3 1,231 1,036 1,336
EBIT 1 1,240 989.4 743.7 1,161 971.5 1,279
Operating Margin 31.75% 22.55% 20.96% 36.19% 28.92% 33.69%
Earnings before Tax (EBT) 1 1,265 992 769.2 1,172 1,182 1,335
Net income 1 828.4 648.1 611 899.8 898.3 1,014
Net margin 21.21% 14.77% 17.22% 28.04% 26.74% 26.72%
EPS 2 109.4 85.62 80.72 118.9 118.7 134.0
Free Cash Flow 1 674.9 567.6 -832.5 1,784 435.7 1,133
FCF margin 17.28% 12.93% -23.46% 55.59% 12.97% 29.84%
FCF Conversion (EBITDA) 50.93% 52.66% - 144.93% 42.07% 84.74%
FCF Conversion (Net income) 81.47% 87.58% - 198.24% 48.51% 111.68%
Dividend per Share 2 5.000 5.000 5.000 5.000 5.000 5.000
Announcement Date 5/28/18 9/4/19 12/7/20 9/6/21 9/6/22 8/29/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,385 2,908 2,038 3,025 2,916 4,297
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 675 568 -833 1,784 436 1,133
ROE (net income / shareholders' equity) 13.1% 9.26% 8.05% 10.7% 9.77% 10.1%
ROA (Net income/ Total Assets) 10.7% 7.94% 5.66% 8.04% 6.14% 7.5%
Assets 1 7,726 8,165 10,793 11,192 14,634 13,527
Book Value Per Share 2 885.0 965.0 1,040 1,174 1,256 1,394
Cash Flow per Share 2 109.0 31.90 19.30 24.60 92.00 65.30
Capex 1 98 37.4 18.7 5.18 5.53 28.4
Capex / Sales 2.51% 0.85% 0.53% 0.16% 0.16% 0.75%
Announcement Date 5/28/18 9/4/19 12/7/20 9/6/21 9/6/22 8/29/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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