Shreyans Industries revenue increased on 6.0% and EBITDA Margin showed almost no change
24-05-2016 • About Shreyans Industries (
$SHREYANIND) • By InTwits
Shreyans Industries reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Shreyans Industries's Revenue increased on 6.0%. Having declining revenue the company managed to increase EBITDA margin. EBITDA Margin jumped on 16.4 pp from 64.4% to 80.8% in FY2016. During FY2012-FY2016 EBITDA Margin topped in FY2014 at 9.2% and was declining since that time.
Net Income margin showed almost no change in FY2016. During the last 5 years Net Income margin topped in FY2014 at 3.1% and was declining since that time.
Management team
The company's CEO Anil Kumar has spent 9 years with the company.
Financial and operational results
Shreyans Industries ($SHREYANIND) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 2,758 | 3,433 | 4,028 | 3,675 | 3,895 | 6.0% |
| EBITDA | 181 | 285 | 372 | 239 | 241 | 0.8% |
| Net Income | 23 | 78 | 126 | 98 | 87 | -11.5% |
Balance Sheet
|
|---|
| Cash | 13 | 44 | | | | |
| Short Term Debt | 333 | 196 | | | | |
| Long Term Debt | 170 | 123 | | | | |
Cash flow
|
|---|
| Capex | 252 | | | | | |
Ratios
|
|---|
| Revenue growth | 7.8% | 24.4% | 17.3% | -8.8% | 6.0% | |
| EBITDA growth | 8.0% | 57.7% | 30.6% | -35.7% | 0.8% | |
|
|---|
| EBITDA Margin | 6.5% | 8.3% | 9.2% | 6.5% | 6.2% | -0.3% |
| Net Income Margin | 0.8% | 2.3% | 3.1% | 2.7% | 2.2% | -0.4% |
| CAPEX, % of revenue | 9.1% | | | | | |
|
|---|
| ROIC | 6.8% | 13.8% | | | | |
| ROE | 3.4% | 10.9% | | | | |
| Net Debt/EBITDA | 2.7x | 1.0x | 0.0x | 0.0x | 0.0x |
Peers in Paper & Paper Products
Below we provide Shreyans Industries benchmarking against other companies in Paper & Paper Products 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 |
|---|
| N.R.Agarwal Industries ($NRAGRINDQ) | 5.5% | 4.0% | 5.5% | 34.1% | - |
| South India Paper Mills ($STHINPA) | 2.2% | -1.1% | -14.7% | 29.2% | - |
| Pudumjee Pulp & Paper Mills ($PDUMJEPULP) | 2.1% | 8.4% | 4.9% | 26.5% | - |
| Tcpl Packaging ($TCPLPACK) | 17.8% | 33.7% | 5.8% | 26.1% | - |
| Jk Paper ($JKPAPER) | - | 9.4% | 18.5% | 24.3% | 13.5% |
| |
|---|
| Median (14 companies) | 9.1% | 4.7% | 7.5% | 5.0% | 8.4% |
|---|
| Shreyans Industries ($SHREYANIND) | - | 24.4% | 17.3% | -8.8% | 6.0% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Tamil Nadu Newsprint & Papers ($TNPL) | 21.0% | 22.2% | 22.5% | 24.0% | - |
| Tcpl Packaging ($TCPLPACK) | 16.1% | 14.9% | 15.7% | 16.5% | - |
| South India Paper Mills ($STHINPA) | 13.5% | 16.1% | 10.2% | 15.8% | - |
| Yash Papers ($YASHPPR) | 15.7% | 16.8% | 16.0% | 15.7% | - |
| Kuantum Papers ($KUANTUM) | 11.2% | 14.2% | 15.9% | 12.7% | - |
| |
|---|
| Median (15 companies) | 12.2% | 14.4% | 14.9% | 10.1% | 13.1% |
|---|
| Shreyans Industries ($SHREYANIND) | 6.5% | 8.3% | 9.2% | 6.5% | 6.2% |
Top companies by CAPEX/Revenue, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Emami Paper Mills ($EMAMIPAP) | 24.4% | 7.3% | 19.2% | 89.3% | 21.7% |
| Tamil Nadu Newsprint & Papers ($TNPL) | 18.9% | 10.4% | 5.5% | 35.2% | - |
| Tcpl Packaging ($TCPLPACK) | 18.3% | 8.6% | 11.1% | 12.1% | - |
| Jk Paper ($JKPAPER) | 47.6% | 59.5% | 15.9% | 4.2% | 1.6% |
| |
|---|
| Median (4 companies) | 13.2% | 9.5% | 13.5% | 23.6% | 11.7% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Tcpl Packaging ($TCPLPACK) | 15.4% | 17.4% | 16.9% | 23.1% | - |
| Tamil Nadu Newsprint & Papers ($TNPL) | 5.3% | 8.2% | 11.1% | 12.7% | - |
| Jk Paper ($JKPAPER) | 5.2% | 2.7% | 1.1% | 4.3% | 10.5% |
| Emami Paper Mills ($EMAMIPAP) | 5.8% | 5.9% | 5.4% | 3.0% | 2.0% |
| Rama Pulp & Papers ($RAMAPULP) | - | 10.8% | - | - | - |
| |
|---|
| Median (21 companies) | 8.3% | 8.2% | 11.1% | 8.5% | 6.2% |
|---|
| Shreyans Industries ($SHREYANIND) | 6.8% | 13.8% | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Emami Paper Mills ($EMAMIPAP) | 7.4x | 5.3x | 5.0x | 11.2x | 16.7x |
| Jk Paper ($JKPAPER) | 6.8x | 12.7x | 14.1x | 8.6x | 4.0x |
| Tamil Nadu Newsprint & Papers ($TNPL) | 5.4x | 3.6x | 2.8x | 4.0x | - |
| Tcpl Packaging ($TCPLPACK) | 2.6x | 2.3x | 2.2x | 1.9x | - |
| Yash Papers ($YASHPPR) | 5.2x | 5.5x | 4.5x | 0.0x | - |
| |
|---|
| Median (13 companies) | 3.6x | 3.3x | 0.0x | 0.0x | 4.0x |
|---|
| Shreyans Industries ($SHREYANIND) | 2.7x | 1.0x | 0.0x | 0.0x | 0.0x |
