Saint-Gobain Sekurit India Ltd

The company maintains a strong liquidity position, with a current ratio of 9.08, indicating a high ability to meet short-term obligations. Its cash and equivalents amount to INR 46.64 million, and operating cash flow stands at INR 296.79 million, supporting its liquidity needs. The debt-to-equity ratio is 0.01, reflecting a conservative capital structure with minimal leverage.

Profitability metrics show a return on equity of 3.67% and a return on assets of 3.23%, which are below the industry median for the Auto, Truck & Motorcycle Parts sector. The gross profit margin is 45.55%, and the operating margin is 17.27%, both of which are in line with industry norms. The net income margin is 15.84%, indicating efficient cost management and pricing power.

The company's revenue is concentrated in the automotive glass manufacturing segment, with no disclosed geographic diversification beyond India. This concentration may expose the company to regional economic fluctuations and regulatory changes.

Revenue growth is expected to remain stable, with no significant changes in the outlook for the current and next fiscal years. Historical revenue trends show a consistent performance, with the company generating INR 460.798 million in revenue. The capital expenditure of INR -24.757 million indicates a focus on maintaining existing operations rather than expanding.

The risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's low debt levels and strong cash reserves reduce the likelihood of financial distress. There is no evidence of dilution potential in the near term, as shares outstanding remain unchanged between basic and diluted measures.

Recent filings and transcripts do not highlight any material events or strategic shifts. The company continues to operate within its core automotive glass manufacturing segment, with no disclosed new product launches or market expansions.

Debt-to-equity ratio of 0.01 is well below the 0.41 cohort median, indicating a highly conservative and low-risk capital structure.

Cash conversion ratio of 4.07 exceeds the 1.37 cohort median, reflecting strong ability to turn earnings into actual cash.

Revenue grew 37.8% year-over-year to INR 2.08 billion, showing robust top-line expansion despite recent margin pressures.

Operating income fell 37.9% year-over-year, indicating severe compression in core operational profitability during the latest period.

Return on equity of 3.7% is only marginally above the 3.4% cohort median, suggesting limited value creation for shareholders.

Four-year revenue CAGR of 2.8% is modest, indicating that recent growth spikes may not represent a long-term trend.

Revenue INR 2.01B, +7,7% YoY; Operating income +4,7% YoY.

• ▍Revenue INR 2.01B, +7,7% YoY
• ▍Operating income +4,7% YoY
• ▍Net income +8,2% YoY
• ▍Free cash flow +440,6% YoY
• ▍Net margin 15.6%

Revenue INR 1.86B, +23,1% YoY; Operating income −44,7% YoY.

• ▍Revenue INR 1.86B, +23,1% YoY
• ▍Operating income −44,7% YoY
• ▍Net income −39,5% YoY
• ▍Free cash flow −91,4% YoY
• ▍Net margin 15.5%