NSEI:SMPL

Stock Analysis Report

Splendid Metal Products

Executive Summary

Splendid Metal Products Limited manufactures and trades in steel products primarily in India.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has Splendid Metal Products's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-33.3%

SMPL

4.2%

IN Metals and Mining

3.2%

IN Market


1 Year Return

-77.8%

SMPL

-28.0%

IN Metals and Mining

5.6%

IN Market

Return vs Industry: SMPL underperformed the Indian Metals and Mining industry which returned -28% over the past year.

Return vs Market: SMPL underperformed the Indian Market which returned 5.6% over the past year.


Shareholder returns

SMPLIndustryMarket
7 Day-33.3%4.2%3.2%
30 Day-60.0%1.2%6.0%
90 Day-71.4%-9.2%2.0%
1 Year-77.8%-77.8%-25.0%-28.0%7.8%5.6%
3 Year-96.4%-96.4%1.8%-9.7%22.6%16.3%
5 Year-96.9%-96.9%4.3%-12.8%43.1%29.6%

Price Volatility Vs. Market

How volatile is Splendid Metal Products's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Splendid Metal Products undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Splendid Metal Products is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Splendid Metal Products has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of SMPL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Splendid Metal Products regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is Splendid Metal Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Splendid Metal Products has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Splendid Metal Products performed over the past 5 years?

-44.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SMPL is unprofitable, and losses have increased over the past 5 years at a rate of -44.6% per year.

Accelerating Growth: Unable to compare SMPL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SMPL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (14.3%).


Return on Equity

High ROE: SMPL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: SMPL is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: SMPL is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Splendid Metal Products's financial position?


Financial Position Analysis

Short Term Liabilities: SMPL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SMPL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SMPL has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SMPL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: SMPL has a high level of physical assets or inventory.

Debt Coverage by Assets: SMPL has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if SMPL has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SMPL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Splendid Metal Products's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.4%industryaverage4.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate SMPL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate SMPL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if SMPL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SMPL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SMPL's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Splendid Metal Products's salary, the management and board of directors tenure and is there insider trading?

20.2yrs

Average board tenure


CEO

Raj Birla (67yo)

6.8yrs

Tenure

0

Mr. Raj Kumar Birla has been the Managing Director of Sujana Metal Products Ltd., since January 28, 2013 and serves its Chief Executive Officer Mr. Birla serves as Managing Director of Sujana Group of Co ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Raj's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Raj's compensation has been consistent with company performance over the past year.


Board Age and Tenure

20.2yrs

Average Tenure

67.5yo

Average Age

Experienced Board: SMPL's board of directors are seasoned and experienced ( 20.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Raj Birla (67yo)

    MD & Executive Director

    • Tenure: 6.8yrs
  • Shaik Ibraheem

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
    • Compensation: ₹1.07m
  • Lakshmana Srimantula

    Chief Financial Officer

    • Tenure: 1.4yrs

Board Members

  • Godavarthi Raju (56yo)

    Non-Executive Director

    • Tenure: 20.2yrs
  • S. Rao (68yo)

    Non-Executive Director

    • Tenure: 20.3yrs
  • Raj Birla (67yo)

    MD & Executive Director

    • Tenure: 6.8yrs
  • Kankipati Rao (85yo)

    Non-Executive Chairman

    • Tenure: 0yrs
    • Compensation: ₹80.00k
  • Nitil Pandya

    Director

    • Tenure: 1.4yrs

Company Information

Splendid Metal Products Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Splendid Metal Products Limited
  • Ticker: SMPL
  • Exchange: NSEI
  • Founded: 1988
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₹60.202m
  • Shares outstanding: 301.01m
  • Website: https://www.sujana.com

Location

  • Splendid Metal Products Limited
  • Plot No. 18
  • 8-2-248/1/7/18, Nagarjuna Hills
  • Hyderabad
  • Andhra Pradesh
  • 500082
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
513414BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2006
SMPLNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2006

Biography

Splendid Metal Products Limited manufactures and trades in steel products primarily in India. The company offers thermo mechanically treated bars in various sizes; structural steels, such as MS angles, squ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 12:52
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.