Sturdy Industries

BSE: 530611
Compare with peers
Market cap
₹ 3 Cr.
P/E
2.6x
ROCE
−10.9%
Dividend yield
0%
Sector
Industrial Products
Industry
Plastic Products - Industrial
Listed on
BSE

About

Sturdy Industries Limited is an India-based company. The Company is engaged in the business of aluminum conductors, pipes and fitting, irrigation systems, aluminum alloy conductors (AAC) & aluminum composite panel (ACP) sheets and trading in polymers and aluminum, and others. The Company operates through three segments: Plastic Pipes and Fitting, Aluminum, and Trading. Its business interest comprises irrigation systems-drip and sprinkler irrigation, power generation products-aluminum conductors, cables, wire rods, infrastructure products, high density polyethylene permanently lubricated (HDPE PLB) ducts. Its drip irrigation system is used for all cereals, crops, fruits, vegetables, and flowers. Its sprinkler system is supplied with complete pipes & fittings including coupler, tee, bend, reducer, and plug. It markets its products under the Swati and Sunbond brands. It has manufacturing facilities at Parwanoo and Baddi (Himachal Pradesh), Guwahati (Assam).

Quick check

The five things to look at first. Open one for more.

Sturdy Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)2.6 against a typical 20.5: cheaper than most peers (1st = cheapest).3rd of 76
  • Sales growth−100% against a typical +14.5% from a year earlier.61st of 66
  • Size₹ 2.9 Cr. market value against a typical ₹ 104.4 Cr. (1st = largest).68th of 68

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales532200100000
Expenses537412316030
Operating Profit−0−1−6−2−1−2−2−1−6−0−3−0
OPM %−5.6%−37.4%−361.4%−63.8%−314.3%−1,520%−339.7%−8,300%−57,000%−230%−1,204.4%—
Other Income6−0−0000200000
Interest−000000000000
Depreciation101100111100
Profit before tax5−1−7−2−1−2−1−1−6−1−3−0
Tax %0%0%−126.2%0%0%0%−173.6%0%0%0%−83.6%0%
Net Profit5−12−2−1−21−1−6−1−0−0
EPS in Rs0.33−0.10.12−0.14−0.07−0.120.05−0.1−0.42−0.06−0.03−0.02

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
−54%
5 Years
−72%
3 Years
−81%
TTM
−65%
Compounded Profit Growth
10 Years
5%
5 Years
—
3 Years
13%
TTM
−41%
Stock Price CAGR
10 Years
−13%
5 Years
−14%
3 Years
−22%
TTM
—
Return on Equity
10 Years
—
5 Years
—
3 Years
—
TTM
—

Shareholding

Latest: Dec 2023.

Promoters
12.08%
0 pts in a year
DIIs
0%
−7.27 pts in a year
Public
87.92%
+7.28 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 2.6xEPS (12 months) ₹ 0.38Median P/E 3.9x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Sturdy Industries—₹ 3 Cr.2.6x———
Hindustan Zinc₹ 496.00₹ 2,09,576 Cr.15.9x9.7x76.9%33.9%
Hindalco Industries₹ 860.50₹ 1,93,374 Cr.11.6x1.6x10.3%4.9%
Vedanta₹ 226.00₹ 88,375 Cr.21.3x2x22.4%14.9%
NMDC₹ 66.30₹ 58,290 Cr.9.8x2.2x23.4%23.1%
Hindustan Copper₹ 398.90₹ 38,575 Cr.47.5x14.1x30.6%29.9%

Management

Mohan Lal Gupta
Chairman of the Board
Ashok Kumar
Chief Financial Officer, Additional Director
Shamsher Kumar Sharma
Managing Director
Ramesh Gupta
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.