Sathlokhar Synergys E&C Global Ltd.
•₹ 3632.05%
2026-08-21
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 72.2%
- Company has a good return on equity (ROE) track record: 3 Years ROE 60.8%
- Operating margins have improved to 14.4% from 3.1%
- Company comfortably covers its interest (29.9x coverage)
- Company generates healthy free cash flow
CONS
- Operating cash flow has been negative in recent years
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -1.02x)
- Equity base is being diluted - shares outstanding up 1107.0%
- Working capital days have increased from 54 to 143 days
- Stock is trading at 5.6x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4030.10 | 33.42 | 554487.79 | 0.94 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 223.10 | 51.71 | 46516.80 | 0.32 | 1595.20 | 1087.26 | 43212.30 | 1005.52 | 10.81 | 4.41 |
| 3. | KPIL | 1377.05 | 20.69 | 23516.23 | 0.80 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.97 | 24.01 | 22911.97 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1263.50 | 36.08 | 21705.36 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 236.95 | 16.98 | 13317.59 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | TECHNOE | 997.70 | 26.92 | 11603.21 | 0.70 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 8. | IRCON | 122.60 | 22.02 | 11530.72 | 1.55 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 9. | KEC | 423.05 | 20.34 | 11261.59 | 1.30 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 277.95 | 70.65 | 10222.57 | 0.72 | 30.30 | -77.95 | 2671.00 | -20.75 | 12.88 | 9.42 |
| 11. | WAAREERTL | 880.80 | 18.09 | 9193.72 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | SSEGL | 365.15 | 0.00 | 948.61 | 0.00 | 21.41 | 16.39 | 204.81 | 9.95 | 53.42 | 14.63 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|
| 38 | 186 | 123 | 189 | 277 | 205 | |
| 32 | 166 | 110 | 162 | 235 | 178 | |
| Operating Profit | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — |
| Other Income | 0 | 2 | 0 | 0 | 1 | 1 |
| Interest | 1 | 1 | 1 | 2 | 3 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 0 |
| 5 | 21 | 12 | 26 | 41 | 29 | |
| Tax % | 15.15% | 11.29% | 26.12% | 24.57% | 25.43% | 25.23% |
| Net Profit | 4 | 18 | 9 | 20 | 30 | 21 |
| 2 | 8 | 0 | 8 | 12 | 1 | |
| Equity Capital | 26 | 24 | 24 | 26 | 26 | 26 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 26 | 24 | 24 | 26 | 26 | 26 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Dec 2024
- 38
- 32
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 5
- Tax %
- 15.15%
- Net Profit
- 4
- 2
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 186
- 166
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 0
- 21
- Tax %
- 11.29%
- Net Profit
- 18
- 8
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 123
- 110
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 12
- Tax %
- 26.12%
- Net Profit
- 9
- 0
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 189
- 162
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 26
- Tax %
- 24.57%
- Net Profit
- 20
- 8
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 277
- 235
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 1
- 41
- Tax %
- 25.43%
- Net Profit
- 30
- 12
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 205
- 178
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 0
- 29
- Tax %
- 25.23%
- Net Profit
- 21
- 1
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 26
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 58 | 87 | 247 | 399 | 794 | |
| 57 | 79 | 211 | 342 | 684 | |
| Operating Profit | 2 | 8 | 36 | 60 | — |
| OPM % | 3 | 10 | 15 | 15 | — |
| Other Income | 0 | 0 | 0 | 2 | 3 |
| Interest | 1 | 1 | 1 | 2 | 8 |
| Depreciation | 0 | 0 | 0 | 1 | 1 |
| 1 | 7 | 35 | 57 | 108 | |
| Tax % | 25 | 25 | 25 | 25 | 25 |
| Net Profit | 1 | 5 | 26 | 43 | 81 |
| EPS | 4 | 27 | 131 | 18 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 3 | 15 | 18 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 3 | 15 | 18 | — |
Mar 2022
- 58
- 57
- Operating Profit
- 2
- OPM %
- 3
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 1
- Tax %
- 25
- Net Profit
- 1
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 87
- 79
- Operating Profit
- 8
- OPM %
- 10
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 7
- Tax %
- 25
- Net Profit
- 5
- EPS
- 27
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2024
- 247
- 211
- Operating Profit
- 36
- OPM %
- 15
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 35
- Tax %
- 25
- Net Profit
- 26
- EPS
- 131
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 15
Mar 2025
- 399
- 342
- Operating Profit
- 60
- OPM %
- 15
- Other Income
- 2
- Interest
- 2
- Depreciation
- 1
- 57
- Tax %
- 25
- Net Profit
- 43
- EPS
- 18
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
TTM
- 794
- 684
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 8
- Depreciation
- 1
- 108
- Tax %
- 25
- Net Profit
- 81
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 90%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 265%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -28%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 61%
- Last Year:
- 40%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 2 | 2 | 2 | 24 |
| 7 | 12 | 39 | 148 | |
| 6 | 6 | 0 | 9 | |
| Trade Payables | 16 | 13 | 37 | 68 |
| 16 | 14 | 27 | 15 | |
| Total Liabilities | 46 | 48 | 105 | 265 |
| ASSETS | - | - | - | - |
| 1 | 1 | 4 | 9 | |
| 25 | 28 | 66 | 63 | |
| 0 | 0 | 14 | 135 | |
| Cash & Bank | 1 | 3 | 9 | 40 |
| 19 | 17 | 12 | 17 | |
| Total Assets | 46 | 48 | 105 | 265 |
| Total Debt | 7 | 6 | 0 | 9 |
| Net Working Capital | 8 | 13 | 36 | 156 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 44.31 | 71.59 | 202.66 | 71.44 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 7 | 6 | 0 | 9 |
| Net Working Capital | 8 | 13 | 36 | 156 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 44.31 | 71.59 | 202.66 | 71.44 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2022
- Equity Capital
- 2
- 7
- 6
- Trade Payables
- 16
- 16
- Total Liabilities
- 46
- 1
- 25
- 0
- Cash & Bank
- 1
- 19
- Total Assets
- 46
- Total Debt
- 7
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 44.31
- Face Value
- 10.00
- Total Debt
- 7
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 44.31
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 2
- 12
- 6
- Trade Payables
- 13
- 14
- Total Liabilities
- 48
- 1
- 28
- 0
- Cash & Bank
- 3
- 17
- Total Assets
- 48
- Total Debt
- 6
- Net Working Capital
- 13
- Contingent Liabilities
- 0
- Book Value per Share
- 71.59
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- 13
- Contingent Liabilities
- 0
- Book Value per Share
- 71.59
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 2
- 39
- 0
- Trade Payables
- 37
- 27
- Total Liabilities
- 105
- 4
- 66
- 14
- Cash & Bank
- 9
- 12
- Total Assets
- 105
- Total Debt
- 0
- Net Working Capital
- 36
- Contingent Liabilities
- 0
- Book Value per Share
- 202.66
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 36
- Contingent Liabilities
- 0
- Book Value per Share
- 202.66
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 24
- 148
- 9
- Trade Payables
- 68
- 15
- Total Liabilities
- 265
- 9
- 63
- 135
- Cash & Bank
- 40
- 17
- Total Assets
- 265
- Total Debt
- 9
- Net Working Capital
- 156
- Contingent Liabilities
- 0
- Book Value per Share
- 71.44
- Face Value
- 10.00
- Total Debt
- 9
- Net Working Capital
- 156
- Contingent Liabilities
- 0
- Book Value per Share
- 71.44
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -1 | 3 | 12 | -91 | |
| Cash from Investing | -0 | -0 | -3 | -11 |
| Cash from Financing | 2 | -2 | -6 | 97 |
| 1 | 1 | 2 | -5 | |
| Free Cash Flow | -1 | 3 | 9 | -97 |
| OCF / Net Profit | -1.38 | 0.55 | 0.47 | -2.12 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | -1.38 | 0.55 | 0.47 | -2.12 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- -1
- Cash from Investing
- -0
- Cash from Financing
- 2
- 1
- Free Cash Flow
- -1
- OCF / Net Profit
- -1.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.38
- Cumulative 5-Year FCF
- 0
Mar 2023
- 3
- Cash from Investing
- -0
- Cash from Financing
- -2
- 1
- Free Cash Flow
- 3
- OCF / Net Profit
- 0.55
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.55
- Cumulative 5-Year FCF
- 0
Mar 2024
- 12
- Cash from Investing
- -3
- Cash from Financing
- -6
- 2
- Free Cash Flow
- 9
- OCF / Net Profit
- 0.47
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.47
- Cumulative 5-Year FCF
- 0
Mar 2025
- -91
- Cash from Investing
- -11
- Cash from Financing
- 97
- -5
- Free Cash Flow
- -97
- OCF / Net Profit
- -2.12
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.12
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 4.39 | 27.28 | 130.65 | 17.72 |
| Book Value (₹) | 44.31 | 71.59 | 202.66 | 71.44 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.54 | 3.17 | 15.08 | 17.97 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 3.09% | 9.73% | 14.41% | 14.39% |
| Net Margin % | 1.50% | 6.26% | 10.58% | 10.71% |
| ROE % | 9.92% | 47.08% | 95.28% | 40.16% |
| ROCE % | 11.14% | 46.54% | 116.64% | 53.42% |
| 1.90% | 11.62% | 34.29% | 23.16% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 41 | 30 | 16 | 68 |
| Inventory Days | 158 | 111 | 69 | 59 |
| Payable Days | 165 | 107 | 66 | 95 |
| 34 | 34 | 19 | 32 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 0.76x | 0.43x | 0.00x | 0.05x |
| Interest Coverage (x) | 3.08x | 7.79x | 53.74x | 29.87x |
| 1.21x | 1.41x | 1.57x | 2.71x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 48.94% | 183.52% | 61.70% |
| Operating Profit Growth % | 0.00% | 369.01% | 323.80% | 66.84% |
| Net Profit Growth % | 0.00% | 520.86% | 378.93% | 63.68% |
| 0.00% | 0.00% | 378.93% | -86.44% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 22.75x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 5.64x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | -0.19x | 15.71x |
Mar 2022
- EPS (₹)
- 4.39
- Book Value (₹)
- 44.31
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.54
- Operating Margin %
- 3.09%
- Net Margin %
- 1.50%
- ROE %
- 9.92%
- ROCE %
- 11.14%
- 1.90%
- Debtor Days
- 41
- Inventory Days
- 158
- Payable Days
- 165
- 34
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- 3.08x
- 1.21x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 27.28
- Book Value (₹)
- 71.59
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.17
- Operating Margin %
- 9.73%
- Net Margin %
- 6.26%
- ROE %
- 47.08%
- ROCE %
- 46.54%
- 11.62%
- Debtor Days
- 30
- Inventory Days
- 111
- Payable Days
- 107
- 34
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 7.79x
- 1.41x
- Revenue Growth %
- 48.94%
- Operating Profit Growth %
- 369.01%
- Net Profit Growth %
- 520.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 130.65
- Book Value (₹)
- 202.66
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 15.08
- Operating Margin %
- 14.41%
- Net Margin %
- 10.58%
- ROE %
- 95.28%
- ROCE %
- 116.64%
- 34.29%
- Debtor Days
- 16
- Inventory Days
- 69
- Payable Days
- 66
- 19
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 53.74x
- 1.57x
- Revenue Growth %
- 183.52%
- Operating Profit Growth %
- 323.80%
- Net Profit Growth %
- 378.93%
- 378.93%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- -0.19x
Mar 2025
- EPS (₹)
- 17.72
- Book Value (₹)
- 71.44
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 17.97
- Operating Margin %
- 14.39%
- Net Margin %
- 10.71%
- ROE %
- 40.16%
- ROCE %
- 53.42%
- 23.16%
- Debtor Days
- 68
- Inventory Days
- 59
- Payable Days
- 95
- 32
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 29.87x
- 2.71x
- Revenue Growth %
- 61.70%
- Operating Profit Growth %
- 66.84%
- Net Profit Growth %
- 63.68%
- -86.44%
- P/E (x)
- 22.75x
- P/B (x)
- 5.64x
- Dividend Yield %
- 0.00%
- 15.71x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jun 2026
Feb 2026
Nov 2025