Shree Rama Multi-Tech EBITDA surged on 62.7% and EBITDA Margin increased on 5.6 pp from 8.6% to 14.1%
10-05-2016 • About Shree Rama Multi-Tech (
$SHREERAMA) • By InTwits
Shree Rama Multi-Tech reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Shree Rama Multi-Tech's Revenue decreased slightly on 1.5%. During FY2012-FY2016 Revenue growth topped in FY2014 at 23.3% and was decelerating since that time. Revenue decline happened at the same time with EBITDA margin expansion. EBITDA Margin increased on 5.6 pp from 8.6% to 14.1% in FY2016.
Net Income margin jumped on 10.3 pp from -12.3% to -2.0% in FY2016.
Financial and operational results
Shree Rama Multi-Tech ($SHREERAMA) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 722 | 854 | 1,053 | 1,078 | 1,062 | -1.5% |
| EBITDA | 24 | 97 | | 92 | 150 | 62.7% |
| Net Income | 4 | -199 | 333 | -133 | -21 | |
Balance Sheet
|
|---|
| Cash | 153 | 115 | | | | |
| Short Term Debt | 150 | 603 | | | | |
| Long Term Debt | 2,821 | 1,026 | | | | |
Cash flow
|
|---|
| Capex | 59 | | | | | |
Ratios
|
|---|
| Revenue growth | -25.0% | 18.2% | 23.3% | 2.4% | -1.5% | |
| EBITDA growth | -84.8% | 302.8% | | | 62.7% | |
|
|---|
| EBITDA Margin | 3.3% | 11.3% | | 8.6% | 14.1% | 5.6% |
| Net Income Margin | 0.5% | -23.3% | 31.6% | -12.3% | -2.0% | 10.3% |
| CAPEX, % of revenue | 8.2% | | | | | |
|
|---|
| ROIC | -10.5% | -7.2% | | | | |
| Net Debt/EBITDA | 117.6x | 15.7x | | 0.0x | 0.0x |
Peers in Containers & Packaging
Below we provide Shree Rama Multi-Tech benchmarking against other companies in Containers & Packaging industry for the last 5 years. We show data for the top-5 companies by key financial metric together with the median value for all the companies in the industry.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Control Print ($CONTROLPR) | - | 20.0% | 14.1% | 23.9% | - |
| Shri Jagdamba Polymers ($SHRJAGP) | 35.5% | 38.3% | 21.7% | 22.7% | - |
| Kg Petrochem ($KGPETRO) | 16.1% | 24.0% | 20.9% | 22.4% | - |
| Kanpur Plastipack ($KANPRPLA) | 57.2% | -4.6% | 21.1% | 15.9% | - |
| Emmbi Industries ($EMMBI) | 35.6% | 36.6% | 13.9% | 14.8% | - |
| |
|---|
| Median (19 companies) | 19.8% | 15.3% | 13.9% | 8.5% | -6.0% |
|---|
| Shree Rama Multi-Tech ($SHREERAMA) | - | 18.2% | 23.3% | 2.4% | -1.5% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Control Print ($CONTROLPR) | 13.9% | 19.2% | 22.5% | 25.2% | - |
| Manaksia ($MANAKSIA) | 14.4% | 17.4% | 20.3% | 18.6% | - |
| Essel Propack ($ESSELPRO) | 17.0% | 17.4% | 16.9% | 17.2% | 19.4% |
| Time Technoplast ($TIMETECHNO) | 15.9% | 16.2% | 14.1% | 13.7% | - |
| Piramal Glass ($PIRAMGLAS) | 23.7% | 18.9% | 15.5% | 13.5% | - |
| |
|---|
| Median (22 companies) | 12.9% | 10.6% | 12.2% | 9.4% | 19.4% |
|---|
| Shree Rama Multi-Tech ($SHREERAMA) | 3.3% | 11.3% | - | 8.6% | 14.1% |
Top companies by CAPEX/Revenue, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Control Print ($CONTROLPR) | 3.0% | 5.0% | 7.5% | 11.9% | - |
| Essel Propack ($ESSELPRO) | 10.0% | 6.7% | 8.5% | 9.4% | 8.9% |
| Manaksia ($MANAKSIA) | 9.0% | 4.8% | 4.7% | 6.5% | - |
| Piramal Glass ($PIRAMGLAS) | 20.7% | 6.0% | 7.7% | 4.6% | - |
| Time Technoplast ($TIMETECHNO) | 17.9% | 11.1% | 6.2% | 4.2% | - |
| |
|---|
| Median (7 companies) | 8.9% | 6.7% | 6.7% | 4.6% | 8.9% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Control Print ($CONTROLPR) | - | 19.7% | 22.2% | 25.2% | - |
| Essel Propack ($ESSELPRO) | 8.6% | 9.9% | 12.5% | 14.7% | 16.6% |
| Time Technoplast ($TIMETECHNO) | 12.8% | 13.4% | 12.0% | 12.9% | - |
| Manaksia ($MANAKSIA) | 12.9% | 15.5% | 16.0% | 11.4% | - |
| Uflex ($UFLEX) | 12.5% | 9.9% | 8.1% | 8.4% | - |
| |
|---|
| Median (32 companies) | 9.4% | 9.9% | 11.6% | 11.4% | 16.6% |
|---|
| Shree Rama Multi-Tech ($SHREERAMA) | -10.5% | -7.2% | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Hindusthan National Glass & Industries ($HINDNATGLS) | 7.4x | 15.8x | 11.2x | 10.6x | - |
| Piramal Glass ($PIRAMGLAS) | 3.1x | 4.1x | 4.3x | 4.2x | - |
| Uflex ($UFLEX) | 2.7x | 3.0x | 3.2x | 2.8x | - |
| Essel Propack ($ESSELPRO) | 3.2x | 2.9x | 2.6x | 2.2x | 1.6x |
| Time Technoplast ($TIMETECHNO) | 2.6x | 2.6x | 2.6x | 2.2x | - |
| |
|---|
| Median (20 companies) | 3.2x | 3.3x | 1.5x | 0.0x | 1.6x |
|---|
| Shree Rama Multi-Tech ($SHREERAMA) | 117.6x | 15.7x | - | 0.0x | 0.0x |
