Shree Rama Multi-Tech reports 140% Net Income decline while 2.4% Revenue growth
28-05-2015 • About Shree Rama Multi-Tech (
$SHREERAMA) • By InTwits
Shree Rama Multi-Tech reported FY2015 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.
Shree Rama Multi-Tech ($SHREERAMA) key annual financial indicators
| mln. INR | 2011 | 2012 | 2013 | 2014 | 2015 | 2015/2014 |
|---|
P&L
|
|---|
| Revenue | 963 | 722 | 854 | 1,053 | 1,078 | 2.4% |
| EBITDA | 158 | 24 | 97 | | 92 | |
| Net Income | 188 | 4 | -199 | 333 | -133 | -139.9% |
Balance Sheet
|
|---|
| Cash | 40 | 153 | 115 | | | |
| Short Term Debt | 408 | 150 | 603 | | | |
| Long Term Debt | 3,292 | 2,821 | 1,026 | | | |
Cash flow
|
|---|
| Capex | 76 | 59 | | | | |
Ratios
|
|---|
| Revenue growth | -18.3% | -25.0% | 18.2% | 23.3% | 2.4% | |
| EBITDA growth | 265.8% | -84.8% | 302.8% | | | |
| EBITDA Margin | 16.4% | 3.3% | 11.3% | 0.0% | 8.6% | 8.6% |
| Net Income Margin | 19.5% | 0.5% | -23.3% | 31.6% | -12.3% | -44.0% |
| CAPEX, % of revenue | 7.9% | 8.2% | | | | 0.0% |
| ROIC | -4.1% | -10.5% | -7.2% | | | 0.0% |
| Net Debt/EBITDA | 23.2x | 117.6x | 15.7x | | 0.0x | 0.0x |
Revenue and profitability
Shree Rama Multi-Tech's Revenue increased on 2.4% in FY2015.
Net Income marign dropped on 44.0 pp from 31.6% to -12.3% in FY2015.
Appendix 1: Peers in Containers & Packaging
Below you can find Shree Rama Multi-Tech benchmarking vs. other companies in Containers & Packaging industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Neo Corp International ($NEOCORP) | -63.2% | 36.7% | 45.2% | 56.4% | |
| Gopala Polyplast ($GOPALA) | -42.9% | -1.7% | 17.0% | 29.6% | |
| Shri Jagdamba Polymers ($SHRJAGP) | -66.8% | 35.5% | 38.3% | 21.7% | |
| Time Technoplast ($TIMETECHNO) | -58.8% | 19.8% | 17.6% | 21.6% | |
| Kanpur Plastipack ($KANPRPLA) | | 57.2% | -4.6% | 21.1% | 15.9% |
| |
|---|
| Median (19 companies) | -49.0% | 18.0% | 15.3% | 13.9% | 8.6% |
|---|
| Shree Rama Multi-Tech ($SHREERAMA) | | -25.0% | 18.2% | 23.3% | 2.4% |
Top companies by EBITDA margin, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Manaksia ($MANAKSIA) | 16.5% | 14.4% | 17.4% | 20.3% | 18.6% |
| Essel Propack ($ESSELPRO) | 17.8% | 17.0% | 17.4% | 16.9% | 17.2% |
| Hindusthan National Glass & Industries ($HINDNATGLS) | 17.8% | 15.4% | 9.3% | 12.2% | 12.1% |
| Kanpur Plastipack ($KANPRPLA) | 9.3% | 13.0% | 13.2% | | 11.9% |
| Uflex ($UFLEX) | 34.2% | 15.3% | 14.0% | 12.3% | 11.9% |
| |
|---|
| Median (11 companies) | 11.5% | 12.9% | 10.6% | 12.2% | 6.9% |
|---|
| Shree Rama Multi-Tech ($SHREERAMA) | 16.4% | 3.3% | 11.3% | | 8.6% |
Top companies by CAPEX/Revenue, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Essel Propack ($ESSELPRO) | 7.9% | 10.0% | 6.7% | 8.5% | 9.4% |
| Piramal Glass ($PIRAMGLAS) | 12.6% | 20.7% | 6.0% | 7.7% | |
| Control Print ($CONTROLPR) | | 3.0% | 5.0% | 7.5% | |
| Hindusthan National Glass & Industries ($HINDNATGLS) | 21.7% | 75.5% | 25.0% | 6.7% | 0.4% |
| Time Technoplast ($TIMETECHNO) | 18.5% | 17.9% | 11.1% | 6.2% | |
| |
|---|
| Median (7 companies) | 12.5% | 8.9% | 6.7% | 6.7% | 5.1% |
|---|
Top companies by ROIC, %
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Control Print ($CONTROLPR) | | | 19.7% | 22.2% | |
| Manaksia ($MANAKSIA) | 12.7% | 12.9% | 15.5% | 16.0% | 11.4% |
| Neo Corp International ($NEOCORP) | 17.4% | 14.9% | 13.7% | 15.7% | |
| Kg Petrochem ($KGPETRO) | 5.0% | 10.8% | 10.1% | 14.3% | |
| Hitech Plast ($HITECHPLAS) | 18.1% | 13.8% | 12.6% | 14.0% | |
| |
|---|
| Median (32 companies) | 8.7% | 9.4% | 9.9% | 11.6% | 9.9% |
|---|
| Shree Rama Multi-Tech ($SHREERAMA) | -4.1% | -10.5% | -7.2% | | |
Top companies by Net Debt / EBITDA
| Top 5 | FY2011 | FY2012 | FY2013 | FY2014 | FY2015 |
|---|
| Union Quality Plastics ($UNQTYMI) | | | 14.9x | 12.9x | 0.0x |
| Hindusthan National Glass & Industries ($HINDNATGLS) | 2.1x | 7.4x | 15.8x | 11.2x | 10.6x |
| Piramal Glass ($PIRAMGLAS) | 3.0x | 3.1x | 4.1x | 4.3x | |
| Kg Petrochem ($KGPETRO) | 6.2x | 3.3x | 3.6x | 3.4x | |
| Uflex ($UFLEX) | 1.0x | 2.7x | 3.0x | 3.2x | 2.8x |
| |
|---|
| Median (19 companies) | 3.0x | 3.2x | 3.3x | 1.5x | 0.0x |
|---|
