Financials Span Divergent Limited

Equities

SDL6

INE004E01016

Food Processing

Market Closed - Bombay S.E. 06:00:53 2024-05-06 am EDT 5-day change 1st Jan Change
14.88 INR +4.94% Intraday chart for Span Divergent Limited +2.62% +1.43%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 213 152.7 72.26 69.04 67.18 72.81
Enterprise Value (EV) 1 172.2 193.2 158.8 146.2 155.4 140.9
P/E ratio -1.7 x -1.09 x -0.93 x -1.24 x -0.69 x -1.44 x
Yield - - - - - -
Capitalization / Revenue 1.46 x 0.63 x 0.77 x 0.93 x 0.51 x 0.58 x
EV / Revenue 1.18 x 0.8 x 1.69 x 1.98 x 1.19 x 1.12 x
EV / EBITDA -1.81 x -2.97 x -4.66 x -8.54 x 22 x 15 x
EV / FCF -1.22 x -18.4 x -8.54 x 6.79 x 2.01 x 1.97 x
FCF Yield -82% -5.42% -11.7% 14.7% 49.8% 50.8%
Price to Book 0.59 x 0.7 x 0.41 x 0.57 x 3.03 x -2.56 x
Nbr of stocks (in thousands) 5,462 5,462 5,462 5,462 5,462 5,462
Reference price 2 39.00 27.95 13.23 12.64 12.30 13.33
Announcement Date 9/21/18 9/5/19 9/5/20 9/3/21 9/5/22 9/4/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 145.7 241.4 93.79 74.02 130.9 125.2
EBITDA 1 -94.92 -64.93 -34.1 -17.12 7.051 9.38
EBIT 1 -119.9 -100.1 -67.58 -47.63 -9.111 -6.371
Operating Margin -82.25% -41.47% -72.05% -64.35% -6.96% -5.09%
Earnings before Tax (EBT) 1 -123.2 -134.7 -92.61 -61.07 -103.7 -55.22
Net income 1 -125 -140.6 -77.7 -55.86 -98 -50.55
Net margin -85.76% -58.23% -82.84% -75.46% -74.88% -40.36%
EPS 2 -22.88 -25.74 -14.23 -10.23 -17.94 -9.254
Free Cash Flow 1 -141.1 -10.48 -18.59 21.54 77.39 71.57
FCF margin -96.86% -4.34% -19.82% 29.1% 59.13% 57.14%
FCF Conversion (EBITDA) - - - - 1,097.58% 762.97%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 9/21/18 9/5/19 9/5/20 9/3/21 9/5/22 9/4/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 40.5 86.6 77.1 88.2 68.1
Net Cash position 1 40.8 - - - - -
Leverage (Debt/EBITDA) - -0.6238 x -2.538 x -4.506 x 12.51 x 7.256 x
Free Cash Flow 1 -141 -10.5 -18.6 21.5 77.4 71.6
ROE (net income / shareholders' equity) -29.4% -48.4% -48.8% -59.9% -474% 96.1%
ROA (Net income/ Total Assets) -11.7% -11.1% -9.51% -8.05% -1.83% -1.49%
Assets 1 1,072 1,264 817.1 694.3 5,358 3,391
Book Value Per Share 2 66.00 40.10 32.20 22.00 4.070 -5.200
Cash Flow per Share 2 3.210 3.460 0.8500 1.540 0.6300 0.7300
Capex 1 42.1 - 13.4 - - 1.75
Capex / Sales 28.9% - 14.29% - - 1.39%
Announcement Date 9/21/18 9/5/19 9/5/20 9/3/21 9/5/22 9/4/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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