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 | 2,484 | 2,424 | 2,436 | 2,377 | 2,332 | 2,391 | 2,416 | 2,414 | 2,387 | 2,352 | 2,376 | 2,366 |
| Expenses | 749 | 669 | 722 | 720 | 626 | 754 | 729 | 773 | 948 | 1,642 | 1,313 | 1,023 |
| Operating Profit | 1,735 | 1,754 | 1,715 | 1,657 | 1,705 | 1,637 | 1,687 | 1,640 | 1,439 | 710 | 1,063 | 1,343 |
| OPM % | 70% | 72% | 70% | 70% | 73% | 68% | 70% | 68% | 60% | 30% | 45% | 57% |
| Other Income | 289 | 221 | 173 | 250 | 372 | 261 | 226 | 246 | 415 | 351 | 400 | 421 |
| Interest | 1,869 | 1,898 | 1,854 | 1,783 | 1,750 | 1,735 | 1,772 | 1,793 | 1,756 | 1,765 | 1,757 | 1,764 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 155 | 77 | 33 | 124 | 327 | 163 | 142 | 94 | 98 | -704 | -294 | -1 |
| Tax % | 69% | 35% | 42% | 40% | 41% | 50% | 28% | 3% | 36% | 6% | 100% | 7,689% |
| Net Profit | 49 | 50 | 19 | 74 | 192 | 81 | 103 | 91 | 62 | -743 | -588 | -68 |
| EPS in Rs | 8.44 | 3.24 | 12.54 | 27.00 | 11.44 | 14.46 | 12.86 | 8.74 | -104.49 | -82.66 | -9.53 |
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,299 | 2,691 | 3,434 | 4,123 | 4,378 | 5,229 | 6,896 | 8,635 | 9,707 | 9,569 | 9,609 | 9,481 |
| Expenses | 915 | 846 | 828 | 1,021 | 998 | 1,348 | 1,681 | 1,828 | 2,618 | 2,654 | 3,110 | 4,927 |
| Operating Profit | 1,384 | 1,844 | 2,606 | 3,102 | 3,380 | 3,880 | 5,215 | 6,807 | 7,088 | 6,915 | 6,499 | 4,554 |
| OPM % | 60% | 69% | 76% | 75% | 77% | 74% | 76% | 79% | 73% | 72% | 68% | 48% |
| Other Income | 351 | 364 | 447 | 582 | 528 | 581 | 581 | 653 | 852 | 1,015 | 1,148 | 1,586 |
| Interest | 1,343 | 1,698 | 2,477 | 2,841 | 2,978 | 3,533 | 4,998 | 6,507 | 7,323 | 7,285 | 7,055 | 7,042 |
| Depreciation | 53 | 42 | 48 | 41 | 43 | 47 | 50 | 59 | 80 | 84 | 95 | 0 |
| Profit before tax | 339 | 468 | 528 | 802 | 888 | 882 | 747 | 895 | 537 | 560 | 497 | -901 |
| Tax % | 24% | 30% | 27% | 24% | 23% | 17% | 32% | 31% | 43% | 40% | 32% | |
| Net Profit | 259 | 326 | 386 | 608 | 684 | 728 | 510 | 615 | 304 | 336 | 338 | -1,336 |
| EPS in Rs | 47.19 | 47.50 | -187.94 | |||||||||
| Dividend Payout % | 19% | 15% | 13% | 11% | 12% | 12% | 18% | 16% | 4% | 9% | 11% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 15% | 13% | 4% | -1% | ||
| Compounded Profit Growth | 3% | -14% | -18% | -386% | ||
| Stock Price CAGR | 1% | % | % | % | ||
| Return on Equity | 14% | 9% | 6% | 6% |
| 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 | 50 | 50 | 50 | 59 | 71 | 71 |
| Reserves | 1,282 | 1,549 | 1,668 | 2,200 | 2,791 | 3,414 | 3,816 | 4,315 | 4,910 | 5,667 | 5,950 | 5,170 |
| Borrowings | 27,163 | 32,887 | 38,203 | 44,589 | 54,134 | 63,884 | 79,077 | 93,371 | 96,155 | 94,873 | 104,068 | 107,949 |
| Other Liabilities | 3,368 | 3,507 | 4,183 | 2,511 | 2,481 | 3,629 | 3,043 | 3,843 | 4,171 | 4,996 | 4,417 | 3,302 |
| Total Liabilities | 31,862 | 37,993 | 44,105 | 49,349 | 59,455 | 70,977 | 85,987 | 101,579 | 105,285 | 105,595 | 114,507 | 116,493 |
| Fixed Assets | 165 | 160 | 166 | 172 | 203 | 221 | 243 | 286 | 339 | 432 | 445 | 988 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 10,630 | 9,718 | 11,353 | 13,232 | 15,844 | 17,927 | 22,438 | 27,226 | 27,941 | 24,819 | 36,062 | 38,940 |
| Other Assets | 21,068 | 28,115 | 32,585 | 35,946 | 43,407 | 52,828 | 63,306 | 74,068 | 77,005 | 80,344 | 78,000 | 76,564 |
| Total Assets | 31,862 | 37,993 | 44,105 | 49,349 | 59,455 | 70,977 | 85,987 | 101,579 | 105,285 | 105,595 | 114,507 | 116,493 |
| 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 | -1,520 | 1,127 | 630 | -955 | 2,111 | ||||||
| Cash from Investing Activity | -110 | -38 | -54 | -47 | -74 | ||||||
| Cash from Financing Activity | 184 | 178 | 461 | -231 | -358 | ||||||
| Net Cash Flow | -1,447 | 1,267 | 1,037 | -1,233 | 1,679 | ||||||
| Free Cash Flow | -1,631 | 1,089 | 576 | -1,002 | 2,037 | ||||||
| CFO/OP | -99% | 67% | 32% | -23% | 67% |
| 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 | -378 | -331 | -332 | -147 | -97 | -123 | 5 | -81 | -41 | 46 | 106 |
| ROCE % | 7% | 8% | 8% | 7% | 7% | 8% | 8% | 8% | 8% | 7% |
| Jun 2016 | Sep 2016 | Dec 2016 | |
|---|---|---|---|
| Promoters | 79.09% | 79.09% | 79.09% |
| FIIs | 0.31% | 0.58% | 0.78% |
| DIIs | 1.90% | 1.96% | 1.72% |
| Government | 0.91% | 0.91% | 0.91% |
| Public | 17.79% | 17.46% | 17.50% |
| No. of Shareholders | 61,633 | 60,664 | 58,217 |
Fundamentals
Market Cap₹ 4,328 Cr.
Current Price₹ 609
Book Value₹ 737
ROCE7.17 %
ROE5.75 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-386%
Standalone figures.
Valuation
Market capRs 4,328 Cr
Enterprise valueRs 103,073 Cr
Price to book0.72x
Price to sales0.46x
EV / EBITDA16.53x
EV / EBIT16.79x
EV / sales10.87x
Earnings yield-30.87%
Dividend yield0.82%
P/E, 3-year average7.56x
P/B, 3-year average0.44x
P/E, 5-year average6.53x
P/B, 5-year average0.54x
Profitability
Operating margin (excl. other income)67.63%
Operating margin (incl. other income)79.58%
EBITDA margin65.77%
Pre-tax margin-9.51%
Net profit margin-14.09%
Net margin, latest quarter-2.86%
ROE5.75%
ROCE7.17%
ROA0.31%
ROE, 3-year average6.19%
ROCE, 3-year average7.62%
ROA, 3-year average0.31%
ROE, 5-year average9.49%
ROCE, 5-year average7.74%
ROA, 5-year average0.45%
ROIC (approx.)3.98%
Tax rate32.06%
Other income / net worth19.07%
Growth
Sales growth (latest year)0.42%
Profit growth (latest year)0.66%
Sales CAGR, 3 years3.63%
Sales CAGR, 5 years12.94%
Profit CAGR, 3 years-18.11%
Profit CAGR, 5 years-14.23%
Sales growth QoQ-0.41%
Sales growth YoY (latest quarter)-1.99%
Profit growth YoY (latest quarter)-174.08%
Per share
EPS (TTM)Rs -187.92
EPS (latest year)Rs 47.50
EPS (latest quarter)Rs -9.53
EPS, 3-year averageRs 55.00
EPS, 5-year averageRs 78.02
Book value per shareRs 846.80
Sales per shareRs 1,333.40
Free cash flow per shareRs 286.48
Dividend per share (latest year)Rs 5.00
Dividend per share, 3-year averageRs 4.17
Dividend per share, 5-year averageRs 10.10
Dividends
Dividend payout10.53%
Dividend payout, 3-year average7.82%
Dividend payout, 5-year average11.47%
Efficiency
Asset turnover0.08x
Fixed asset turnover21.60x
Cash conversion cycle0 days
Working capital days106 days
Leverage
Total debtRs 104,068 Cr
Cash and bankRs 5,324 Cr
Net debtRs 98,744 Cr
Debt to equity17.28x
Net debt / EBITDA15.84x
Interest coverage0.87x
Owners' fund to total sources5.26%
Debt to assets90.88%
Cash flow
Free cash flow (latest year)Rs 2,037 Cr
FCFE (approx.: FCF + change in debt)Rs 11,232 Cr
Cash from ops / profit, 5 years0.62x
Statement figures
Net sales (TTM)Rs 9,481 Cr
Net sales (latest year)Rs 9,609 Cr
Sales (latest quarter)Rs 2,366 Cr
Operating profit excl. other income (latest year)Rs 6,499 Cr
Operating profit (latest quarter)Rs 1,343 Cr
Other income (TTM)Rs 1,586 Cr
EBITDA (TTM)Rs 6,235 Cr
PBDT (TTM)Rs -806 Cr
Profit before tax (TTM)Rs -901 Cr
Tax (latest year)Rs 159 Cr
Net profit (TTM)Rs -1,336 Cr
Net profit (latest year)Rs 338 Cr
Net profit (latest quarter)Rs -68 Cr
Depreciation (TTM)Rs 95 Cr
Interest (TTM)Rs 7,042 Cr
Cost of goods sold (latest year)Rs 21 Cr
Total expenditure (latest year)Rs 3,110 Cr
Total income (latest year)Rs 10,757 Cr
Share capitalRs 71 Cr
ReservesRs 5,950 Cr
Shareholders' fundsRs 6,021 Cr
Total assetsRs 114,507 Cr
Net blockRs 445 Cr
InvestmentsRs 36,062 Cr
Other liabilitiesRs 4,417 Cr
Shares outstanding (crore)7.11
Ownership
Promoter holding79.09%
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 | SBT | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +4.1% | -2.8% | +6.9 pts |
| 1 month | +5.8% | -6.8% | +12.6 pts |
| 3 months | +6.7% | -7.6% | +14.4 pts |
| 6 months | +9.4% | +0.4% | +9.0 pts |
| 1 year | +56.0% | -9.9% | +65.9 pts |
| 2 years | +19.2% | -13.6% | +32.8 pts |
| 3 years | +66.6% | +14.2% | +52.4 pts |
| 5 years | +4.3% | +27.9% | -23.6 pts |
Red flags
F-score 2 of 6| explain | Low interest cover Interest cover 1.1x in 2016 |
| look | Profit leans on other income Other income was 231% 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 ₹2,366 Cr -2.0% vs Dec 2015.
Net loss ₹68 Cr.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2016-05-05 | Annual General Meeting/ Final Dividend - Rs 5/- Per Share | |
| 2015-05-14 | Dividend - Rs 5/- Per Share | |
| 2015-03-03 | Rights 1:5 @ Premium Rs 390/- Per Share | |
| 2014-05-09 | Annual General Meeting (Purpose Revised) | |
| 2014-04-09 | Interim Dividend - Rs 2.50/- Per Share (Purpose Revised) | |
| 2013-05-06 | Annual General Meeting / Final Dividend Rs.3/- Per Equity Share | |
| 2013-03-26 | Interim Dividend Rs.17/- Per Share (Purpose Revised) | |
| 2012-05-08 | Annual General Meeting And Dividend Rs.2/- Per Share | |
| 2012-03-29 | Interim Dividend Rs.16/- Per Share (Purpose Revised) | |
| 2011-05-03 | Dividend-Rs.10/- Per Share (Purpose Revised) | |
| 2010-10-07 | Interim Dividend-Rs.8/- Per Share | |
| 2010-04-28 | Dividend-Rs.16/- Pr Sharepurpose Revised | |
| 2009-04-22 | Dividend - 130% Purpose Revised | |
| 2008-04-22 | Dividend - 100% Purpose Revised | |
| 2007-04-24 | Dividend | |
| 2006-05-03 | Dividend-100% 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 Travancore(Merged)?
State Bank of Travancore(Merged) (SBT) has a market capitalisation of Rs 4,328 Cr. at the 2017-03-15 close.
What were State Bank of Travancore(Merged)'s latest quarterly results?
In the Dec 2016 quarter, State Bank of Travancore(Merged) sales was Rs 2,366 Cr (-2.0% vs Dec 2015) with a net loss of Rs 68 Cr.