Shankar Lal Rampal Dye-Chem Limited

NSEI:SRD Stock Report

Market Cap: ₹4.8b

Shankar Lal Rampal Dye-Chem Balance Sheet Health

Financial Health criteria checks 6/6

Shankar Lal Rampal Dye-Chem has a total shareholder equity of ₹985.2M and total debt of ₹62.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are ₹1.1B and ₹70.5M respectively. Shankar Lal Rampal Dye-Chem's EBIT is ₹131.4M making its interest coverage ratio 21.8. It has cash and short-term investments of ₹35.7M.

Key information

6.3%

Debt to equity ratio

₹62.02m

Debt

Interest coverage ratio21.8x
Cash₹35.68m
Equity₹985.20m
Total liabilities₹70.49m
Total assets₹1.06b

Recent financial health updates

No updates

Recent updates

Getting In Cheap On Shankar Lal Rampal Dye-Chem Limited (NSE:SRD) Is Unlikely

Oct 30
Getting In Cheap On Shankar Lal Rampal Dye-Chem Limited (NSE:SRD) Is Unlikely

Financial Position Analysis

Short Term Liabilities: SRD's short term assets (₹1.0B) exceed its short term liabilities (₹70.4M).

Long Term Liabilities: SRD's short term assets (₹1.0B) exceed its long term liabilities (₹113.0K).


Debt to Equity History and Analysis

Debt Level: SRD's net debt to equity ratio (2.7%) is considered satisfactory.

Reducing Debt: SRD's debt to equity ratio has reduced from 87.7% to 6.3% over the past 5 years.

Debt Coverage: SRD's debt is well covered by operating cash flow (94.7%).

Interest Coverage: SRD's interest payments on its debt are well covered by EBIT (21.8x coverage).


Balance Sheet


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