Price
Financials
Standalone, Rs crore| Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,117 | 2,227 | 2,252 | 2,283 | 2,243 | 2,430 | 2,410 | 2,408 | 2,344 | 2,447 | 2,327 | 2,262 |
| Expenses | 815 | 614 | 722 | 698 | 699 | 662 | 754 | 783 | 867 | 1,534 | 1,391 | 995 |
| Operating Profit | 1,302 | 1,613 | 1,530 | 1,586 | 1,544 | 1,767 | 1,656 | 1,626 | 1,477 | 913 | 936 | 1,267 |
| OPM % | 62% | 72% | 68% | 69% | 69% | 73% | 69% | 68% | 63% | 37% | 40% | 56% |
| Other Income | 336 | 183 | 158 | 193 | 392 | 254 | 210 | 228 | 365 | 325 | 288 | 384 |
| Interest | 1,377 | 1,475 | 1,511 | 1,536 | 1,542 | 1,608 | 1,592 | 1,539 | 1,548 | 1,577 | 1,550 | 1,577 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 262 | 321 | 177 | 243 | 394 | 413 | 274 | 315 | 294 | -340 | -327 | 74 |
| Tax % | 9% | 33% | 33% | 33% | 29% | 34% | 34% | 34% | 34% | -35% | -36% | 21% |
| Net Profit | 238 | 215 | 119 | 163 | 280 | 271 | 181 | 206 | 193 | -222 | -210 | 58 |
| EPS in Rs | 33.95 | 30.66 | 16.95 | 23.34 | 40.04 | 38.66 | 25.80 | 29.45 | 27.60 | -31.65 | -30.01 | 8.26 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,966 | 2,374 | 3,052 | 3,810 | 3,977 | 4,796 | 6,291 | 7,498 | 8,169 | 9,005 | 9,592 | 9,380 |
| Expenses | 1,024 | 897 | 889 | 1,009 | 1,055 | 1,527 | 1,856 | 2,254 | 2,614 | 2,696 | 2,969 | 4,787 |
| Operating Profit | 942 | 1,477 | 2,163 | 2,802 | 2,923 | 3,270 | 4,435 | 5,244 | 5,555 | 6,310 | 6,623 | 4,593 |
| OPM % | 48% | 62% | 71% | 74% | 73% | 68% | 70% | 70% | 68% | 70% | 69% | 49% |
| Other Income | 362 | 493 | 478 | 599 | 583 | 640 | 599 | 726 | 876 | 926 | 1,057 | 1,361 |
| Interest | 973 | 1,435 | 2,113 | 2,707 | 2,766 | 3,027 | 4,070 | 4,932 | 5,345 | 6,064 | 6,288 | 6,253 |
| Depreciation | 67 | 58 | 60 | 41 | 49 | 57 | 54 | 57 | 76 | 37 | 96 | 0 |
| Profit before tax | 264 | 477 | 468 | 652 | 690 | 825 | 910 | 981 | 1,011 | 1,135 | 1,296 | -299 |
| Tax % | 45% | 36% | 33% | 38% | 34% | 33% | 28% | 26% | 28% | 32% | 34% | |
| Net Profit | 145 | 306 | 315 | 403 | 455 | 551 | 652 | 730 | 732 | 777 | 851 | -181 |
| EPS in Rs | 78.70 | 93.15 | 104.32 | 104.53 | 110.98 | 121.51 | -25.80 | |||||
| Dividend Payout % | 22% | 16% | 16% | 15% | 16% | 15% | 16% | 15% | 14% | 13% | 12% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 17% | 15% | 9% | -1% | ||
| Compounded Profit Growth | 19% | 9% | 5% | -119% | ||
| Stock Price CAGR | 1% | % | % | % | ||
| Return on Equity | 16% | 15% | 14% | 13% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 50 | 50 | 50 | 50 | 50 | 50 | 70 | 70 | 70 | 70 | 70 | 70 |
| Reserves | 1,356 | 1,604 | 1,663 | 1,996 | 2,367 | 2,802 | 4,095 | 4,694 | 5,286 | 5,943 | 6,673 | 7,224 |
| Borrowings | 22,906 | 29,647 | 35,178 | 41,660 | 49,034 | 56,866 | 64,527 | 77,958 | 80,581 | 91,813 | 98,893 | 98,785 |
| Other Liabilities | 3,202 | 3,207 | 4,263 | 2,664 | 2,692 | 3,236 | 3,836 | 3,294 | 4,940 | 4,476 | 4,700 | 3,505 |
| Total Liabilities | 27,514 | 34,507 | 41,154 | 46,370 | 54,144 | 62,954 | 72,528 | 86,017 | 90,877 | 102,302 | 110,336 | 109,583 |
| Fixed Assets | 162 | 142 | 161 | 162 | 198 | 209 | 202 | 231 | 264 | 353 | 398 | 1,357 |
| CWIP | 1 | 1 | 0 | 9 | 1 | 0 | 0 | 0 | 0 | 40 | 1 | 0 |
| Investments | 7,932 | 8,735 | 10,498 | 10,999 | 13,600 | 13,521 | 16,669 | 20,146 | 17,750 | 22,139 | 24,782 | 28,451 |
| Other Assets | 19,418 | 25,630 | 30,495 | 35,200 | 40,344 | 49,224 | 55,657 | 65,640 | 72,862 | 79,770 | 85,155 | 79,775 |
| Total Assets | 27,514 | 34,507 | 41,154 | 46,370 | 54,144 | 62,954 | 72,528 | 86,017 | 90,877 | 102,302 | 110,336 | 109,583 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 542 | 1,352 | -97 | 22 | 157 | -1,825 | -1,825 | 2,235 | 1,100 | 1,704 | 2,279 |
| Cash from Investing Activity | -107 | -37 | -78 | -52 | -77 | -46 | -46 | -86 | -108 | -166 | -102 |
| Cash from Financing Activity | 242 | 587 | 380 | -170 | -216 | 279 | 279 | -266 | -322 | -608 | -291 |
| Net Cash Flow | 677 | 1,903 | 204 | -200 | -137 | -1,593 | -1,593 | 1,882 | 670 | 930 | 1,886 |
| Free Cash Flow | 436 | 1,316 | -176 | -30 | 79 | -1,871 | -1,871 | 2,148 | 992 | 1,538 | 2,177 |
| CFO/OP | 67% | 101% | 10% | 12% | 13% | -50% | -37% | 47% | 28% | 33% | 40% |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | |||||||||||
| Days Payable | |||||||||||
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -259 | -285 | -333 | -92 | -117 | -46 | -102 | -66 | -132 | -79 | -79 |
| ROCE % | 7% | 8% | 8% | 7% | 7% | 8% | 8% | 8% | 8% | 7% |
| Jun 2016 | Sep 2016 | Dec 2016 | |
|---|---|---|---|
| Promoters | 75.07% | 75.07% | 75.07% |
| FIIs | 1.09% | 1.23% | 1.18% |
| DIIs | 8.87% | 9.25% | 9.22% |
| Public | 14.97% | 14.45% | 14.53% |
| No. of Shareholders | 60,072 | 58,941 | 56,796 |
Fundamentals
Market Cap₹ 5,403 Cr.
Current Price₹ 772
Book Value₹ 1,042
ROCE7.45 %
ROE13.3 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-119%
Standalone figures.
Valuation
Market capRs 5,403 Cr
Enterprise valueRs 94,581 Cr
Price to book0.80x
Price to sales0.58x
EV / EBITDA15.63x
EV / EBIT15.88x
EV / sales10.08x
Price to cash flow2.37x
Earnings yield-3.34%
Dividend yield1.85%
P/E, 3-year average4.20x
P/B, 3-year average0.55x
P/E, 5-year average4.18x
P/B, 5-year average0.59x
Profitability
Operating margin (excl. other income)69.05%
Operating margin (incl. other income)80.06%
EBITDA margin64.51%
Pre-tax margin-3.18%
Net profit margin-1.93%
Net margin, latest quarter2.56%
ROE13.34%
ROCE7.45%
ROA0.80%
ROE, 3-year average13.82%
ROCE, 3-year average7.61%
ROA, 3-year average0.81%
ROE, 5-year average15.28%
ROCE, 5-year average7.68%
ROA, 5-year average0.86%
ROIC (approx.)4.08%
Tax rate34.35%
Other income / net worth15.68%
Growth
Sales growth (latest year)6.52%
Profit growth (latest year)9.49%
Sales CAGR, 3 years8.56%
Sales CAGR, 5 years14.87%
Profit CAGR, 3 years5.22%
Profit CAGR, 5 years9.08%
Sales growth QoQ-2.76%
Sales growth YoY (latest quarter)-6.06%
Profit growth YoY (latest quarter)-71.94%
Per share
EPS (TTM)Rs -25.80
EPS (latest year)Rs 121.51
EPS (latest quarter)Rs 8.26
EPS, 3-year averageRs 112.34
EPS, 5-year averageRs 106.90
Book value per shareRs 963.26
Sales per shareRs 1,340.01
Cash flow per shareRs 325.60
Free cash flow per shareRs 311.00
Dividend per share (latest year)Rs 14.30
Dividend per share, 3-year averageRs 14.30
Dividend per share, 5-year averageRs 14.70
Dividends
Dividend payout11.77%
Dividend payout, 3-year average12.78%
Dividend payout, 5-year average13.87%
Efficiency
Asset turnover0.09x
Fixed asset turnover24.11x
Cash conversion cycle0 days
Working capital days-79 days
Leverage
Total debtRs 98,893 Cr
Cash and bankRs 9,715 Cr
Net debtRs 89,178 Cr
Debt to equity14.67x
Net debt / EBITDA14.74x
Interest coverage0.95x
Owners' fund to total sources6.11%
Debt to assets89.63%
Cash flow
Cash from Operating Activity (latest year)Rs 2,279 Cr
Cash from Investing Activity (latest year)Rs -102 Cr
Cash from Financing Activity (latest year)Rs -291 Cr
Net Cash Flow (latest year)Rs 1,886 Cr
Free cash flow (latest year)Rs 2,177 Cr
FCFE (approx.: FCF + change in debt)Rs 9,258 Cr
Cash from ops / profit, 5 years1.47x
Sales to cash flow4.21x
Statement figures
Net sales (TTM)Rs 9,380 Cr
Net sales (latest year)Rs 9,592 Cr
Sales (latest quarter)Rs 2,262 Cr
Operating profit excl. other income (latest year)Rs 6,623 Cr
Operating profit (latest quarter)Rs 1,267 Cr
Other income (TTM)Rs 1,361 Cr
EBITDA (TTM)Rs 6,051 Cr
PBDT (TTM)Rs -202 Cr
Profit before tax (TTM)Rs -299 Cr
Tax (latest year)Rs 445 Cr
Net profit (TTM)Rs -181 Cr
Net profit (latest year)Rs 851 Cr
Net profit (latest quarter)Rs 58 Cr
Depreciation (TTM)Rs 96 Cr
Interest (TTM)Rs 6,253 Cr
Cost of goods sold (latest year)Rs 23 Cr
Total expenditure (latest year)Rs 2,969 Cr
Total income (latest year)Rs 10,650 Cr
Share capitalRs 70 Cr
ReservesRs 6,673 Cr
Shareholders' fundsRs 6,743 Cr
Total assetsRs 110,336 Cr
Net blockRs 398 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 24,782 Cr
Other liabilitiesRs 4,700 Cr
Shares outstanding (crore)7.00
Ownership
Promoter holding75.07%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | SBBJ | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +3.6% | -2.8% | +6.4 pts |
| 1 month | +4.2% | -6.8% | +11.0 pts |
| 3 months | +6.5% | -7.6% | +14.2 pts |
| 6 months | +8.3% | +0.4% | +7.9 pts |
| 1 year | +53.1% | -9.9% | +63.0 pts |
| 2 years | +24.5% | -13.6% | +38.1 pts |
| 3 years | +168.4% | +14.2% | +154.2 pts |
| 5 years | +83.2% | +27.9% | +55.3 pts |
Red flags
F-score 6 of 8| explain | Low interest cover Interest cover 1.2x in 2016 |
| look | Profit leans on other income Other income was 82% of pre-tax profit in 2016 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Dec 2016Sales ₹2,262 Cr -6.1% vs Dec 2015.
Net profit ₹58 Cr -71.8%.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2016-05-05 | Dividend Rs 14.30 Per Share (Purpose Revised) | |
| 2015-06-05 | Annual General Meeting | |
| 2015-03-30 | Interim Dividend - Rs 14.30/- Per Share (Purpose Revised) | |
| 2014-05-22 | Annual General Meeting (Bc Dates And Agm Date Revised) | |
| 2014-03-27 | Interim Dividend - Rs 14.30/- Per Share (Purpose Revised) | |
| 2013-05-29 | Annual General Meeting | |
| 2013-03-26 | Interim Dividend Rs.16.10 Per Share (Purpose Revised) | |
| 2012-05-15 | Annual General Meeting | |
| 2012-03-26 | Interim Dividend Rs.14.50 Per Share (Purpose Revised) | |
| 2011-05-02 | Dividend-Rs.9.20 Per Share (Purpose Revised) | |
| 2011-03-16 | Rights 2:5 @ Premium Of Rs 380 Per Share | |
| 2010-10-04 | Interim Dividend Rs.7.20 Per Share (Purpose Revised) | |
| 2010-04-28 | Dividend-Rs.14.40 Pr Shr Purpose Revised | |
| 2009-04-23 | Dividend - 120% Purpose Revised | |
| 2008-04-21 | Dividend - 100% Purpose Revised | |
| 2007-05-07 | Dividend - 50% Purpose Revised | |
| 2007-03-29 | Interim Dividend-50% Purpose Revised |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of State Bank of Bikaner and Jaipur(Merged)?
State Bank of Bikaner and Jaipur(Merged) (SBBJ) has a market capitalisation of Rs 5,403 Cr. at the 2017-03-15 close.
What were State Bank of Bikaner and Jaipur(Merged)'s latest quarterly results?
In the Dec 2016 quarter, State Bank of Bikaner and Jaipur(Merged) sales was Rs 2,262 Cr (-6.1% vs Dec 2015) and net profit was Rs 58 Cr.