Sarda Proteins Share Price & Earnings Call Analysis

Financials of Sarda Proteins

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Sarda Proteins

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +0.740.240.001.000.060.000.1424.050.0010.954.300.250.65
Expenses +0.770.280.051.030.080.080.0323.950.1011.444.010.370.05
Operating Profit-0.03-0.04-0.05-0.03-0.02-0.080.110.10-0.10-0.490.29-0.120.60
OPM %-4.05%-16.67%-3.00%-33.33%78.57%0.42%-4.47%6.74%-48.00%92.31%
Other Income +0.040.040.040.040.040.000.000.000.000.000.110.000.24
Interest0.000.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax0.010.00-0.010.010.02-0.080.110.10-0.10-0.490.40-0.120.84
Tax %500.00%0.00%0.00%0.00%0.00%0.00%0.00%20.00%0.00%0.00%0.00%0.00%
Net Profit +-0.040.00-0.010.010.02-0.080.110.10-0.11-0.490.40-0.120.84
EPS in Rs-0.230.00-0.060.060.12-0.460.640.58-0.64-2.842.32-0.700.94

Financials of Sarda Proteins

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +5.022.066.185.657.225.4011.3610.765.801.3024.1916.16
Expenses +5.142.186.356.007.335.3111.3810.505.951.4524.1715.87
Operating Profit-0.12-0.12-0.17-0.35-0.110.09-0.020.26-0.15-0.150.020.29
OPM %-2.39%-5.83%-2.75%-6.19%-1.52%1.67%-0.18%2.42%-2.59%-11.54%0.08%1.79%
Other Income +0.800.000.00-0.010.030.080.080.090.160.170.000.35
Interest0.020.030.010.000.000.000.000.000.000.000.000.00
Depreciation0.040.020.010.010.010.000.000.000.000.000.000.00
Profit before tax0.62-0.17-0.19-0.37-0.090.170.060.350.010.020.020.64
Tax %4.84%-5.88%-31.58%-10.81%44.44%82.35%133.33%14.29%500.00%0.00%100.00%0.00%
Net Profit +0.59-0.15-0.13-0.33-0.120.03-0.020.31-0.030.020.010.64
EPS in Rs1.80-0.87-0.75-1.91-0.700.17-0.121.80-0.170.120.060.71
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Financials of Sarda Proteins

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2.432.502.502.502.502.502.502.502.502.502.502.50
Reserves0.300.150.02-0.31-0.44-0.41-0.43-0.12-0.15-0.13-0.130.51
Borrowings +0.210.610.200.000.010.000.000.000.000.000.000.16
Other Liabilities +0.200.210.200.130.120.060.070.070.050.070.2883.44
Total Liabilities3.143.472.922.322.192.152.142.452.402.442.6586.61
Fixed Assets +0.100.060.050.030.020.010.010.000.000.000.000.00
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.010.010.010.010.000.000.000.000.000.000.000.00
Other Assets +3.033.402.862.282.172.142.132.452.402.442.6586.61
Total Assets3.143.472.922.322.192.152.142.452.402.442.6586.61

Financials of Sarda Proteins

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-0.72-1.20-0.090.48-0.59-0.05-0.050.10-0.30-0.23-0.11-76.39
Cash from Investing Activity +1.900.200.000.020.110.090.080.090.160.170.000.36
Cash from Financing Activity +-0.130.37-0.42-0.200.01-0.010.000.000.000.000.0383.51
Net Cash Flow1.05-0.63-0.510.30-0.470.030.030.19-0.14-0.07-0.087.48
Free Cash Flow0.73-1.18-0.090.48-0.59-0.04-0.050.10-0.30-0.23-0.11-76.38
CFO/OP525%1,000%53%-134%536%-22%200%38%200%153%-550%-26,341%

Financials of Sarda Proteins

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days13.810.0038.9844.5836.4056.1024.747.120.000.000.0096.44
Inventory Days32.70324.2264.4128.640.000.000.000.000.000.000.000.00
Days Payable0.760.000.610.00
Cash Conversion Cycle45.75324.22102.7873.2236.4056.1024.747.120.000.000.0096.44
Working Capital Days65.44251.60108.0876.2383.92114.9155.9164.45130.27603.6533.95-104.35
ROCE %-5.93%-4.52%-6.02%-14.66%-5.63%8.17%2.88%15.73%0.42%0.85%0.84%23.06%

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