SIREN : 502035785
SRD is a French company founded 18 years ago, specialized in the sector Distribution d'électricité. Based in POITIERS (86000), this company of category GE shows in 2024 a revenue of 87.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87 518 132 € | 106 232 998 € | 74 385 761 € | 67 263 025 € | 63 601 823 € | 62 956 441 € | 59 249 222 € | 62 205 821 € |
| Net income | 20 397 206 € | 32 693 107 € | 15 608 615 € | 23 189 219 € | 66 480 422 € | 6 104 237 € | 8 419 386 € | 13 424 664 € |
| EBITDA | 61 175 300 € | 52 297 457 € | 49 999 791 € | 43 023 497 € | 76 851 993 € | 36 958 679 € | 27 574 587 € | 61 776 107 € |
| Net margin | 23.3% | 30.8% | 21.0% | 34.5% | 104.5% | 9.7% | 14.2% | 21.6% |
In 2024, SRD achieves revenue of 87.5 M€. Revenue is growing positively over 8 years (CAGR: +4.4%). Significant drop of -18% vs 2023. After deducting consumption (15.9 M€), gross margin stands at 71.7 M€, i.e. a rate of 82%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 61.2 M€, representing 69.9% of revenue. Positive scissor effect: EBITDA margin improves by +20.7 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 20.4 M€, i.e. 23.3% of revenue. This profit can be retained or distributed to shareholders.
87 518 132 €
71 652 789 €
61 175 300 €
25 840 540 €
20 397 206 €
56.7%
The debt ratio (= Financial debt / Equity x 100) stands at 6%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 74%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 19.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
6.255%
73.95%
19.876%
1.619
67.5%
In 2024, the debt ratio of SRD (6.25) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of SRD (74.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of SRD (1.62) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 317.06. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.
317.061
0.634
In 2024, the liquidity ratio of SRD (317.06) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of SRD (0.6x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 91 days. Favorable situation: supplier credit is longer than customer credit by 3 days. Inventory turnover is 22 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 388 days of revenue, i.e. 94.2 M€ to permanently finance. Over 2016-2024, WCR increased by +435%, requiring additional financing.
94 238 649 €
88 j
91 j
22 j
388 j
Based on 93 transactions of similar company sales
(all years),
the value of SRD is estimated at
96 224 831 €
(range 12 156 832€ - 357 835 762€).
With an EBITDA of 61 175 300€, the sector multiple of 2.3x is applied.
The price/revenue ratio is 0.59x
(in line with sector norms).
This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 93 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SRD with other companies in the same sector:
Voir toutes les statistiques du secteur Distribution d'électricité
The revenue of SRD in 2024 is 87.5 M€.
Yes, SRD generated a net profit of 20.4 M€ in 2024.
The headquarters of SRD is located in POITIERS (86000), in the department Vienne.
The tax return of SRD is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
SRD operates in the sector Distribution d'électricité (NAF code 35.13Z). See the 'Sector positioning' section above to compare the company with its competitors.