Shiva Texyarn Ltd - Stock Valuation and Financial Performance

BSE: 511108 | NSE: SHIVATEX | Textile - Spinning | Small Cap

Shiva Texyarn Share Price

143.90 2.95 2.09%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Shiva Texyarn

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Shiva Texyarn stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
186.5 Cr.
52-wk low:
114.1
52-wk high:
201

Is Shiva Texyarn Ltd an attractive stock to invest in?

1. Is Shiva Texyarn Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shiva Texyarn Ltd is a average quality company.

2. Is Shiva Texyarn Ltd undervalued or overvalued?

The key valuation ratios of Shiva Texyarn Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Shiva Texyarn Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shiva Texyarn Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shiva Texyarn:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shiva Texyarn Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 9.5%6.6%7%7.1%8.5%7.3%4.8%7.5%11.2%-2.6%-
Value Creation
Index
-0.3-0.5-0.5-0.5-0.4-0.5-0.7-0.5-0.2-1.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 504465450383359354368341477411362
Sales YoY Gr.--7.8%-3.3%-14.9%-6.2%-1.5%4.1%-7.4%40%-13.9%-
Adj EPS 9.74.25.14.37.85.2-0.96.215.4-12.6-7.7
YoY Gr.--56.7%21.2%-15.9%82.2%-33.2%-116.7%NA150%-182%-
BVPS (₹) 6769.973.675.483.486.485.795.4109.9103.591
Adj Net
Profit
20.99.1119.210.16.8-1.1820-16.4-10
Cash Flow from Ops. -26.792.827.544.617.114.34168.619.867.2-
Debt/CF from Ops. -10.82.58.93.710.6144.51.87.11.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -2.3%2.8%3.7%-13.9%
Adj EPS -203%-210.2%NA-182%
BVPS5%4.4%6.5%-5.9%
Share Price 19.4% -3.5% 0.7% 22%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
15.46.17.17.19.76.1-16.815-11.8-7.9
Op. Profit
Mgn %
14.411.712.112.412.511.99.112.611.72.32.1
Net Profit
Mgn %
4.122.42.42.81.9-0.32.34.2-4-2.8
Debt to
Equity
21.51.51.71.71.81.7110.7-
Working Cap
Days
11814613514713915014615011511849
Cash Conv.
Cycle
537875786992968567732

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.70

Return on Equity is Poor

Sales growth has been subdued in last 3 years 3.73%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -15.97%

Latest Financials - Shiva Texyarn Ltd.

Standalone Consolidated
TTM EPS (₹) -7.7 11.6
TTM Sales (₹ Cr.) 362 559
BVPS (₹.) 91 0
Reserves (₹ Cr.) 105 105
P/BV 1.58 0.00
PE 0.00 12.38
From the Market
52 Week Low / High (₹) 114.10 / 200.95
All Time Low / High (₹) 3.05 / 655.00
Market Cap (₹ Cr.) 187
Equity (₹ Cr.) 13
Face Value (₹) 10
Industry PE 29.1

Management X-Ray of Shiva Texyarn:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shiva Texyarn

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales504465450383359354368341477411
Operating Expenses 432411396335314312334298422403
Manufacturing Costs58616553484042506052
Material Costs334302276232209212234195297289
Employee Cost 18242934414241364442
Other Costs 22242615161817172119
Operating Profit 7254544745423443558
Operating Profit Margin (%) 14.4%11.7%12.1%12.4%12.5%11.8%9.1%12.6%11.5%2.0%
Other Income 11123157116
Interest 23252321192222181414
Depreciation 20171713131315161314
Exceptional Items 0000000000
Profit Before Tax 3013151615811730-4
Tax 94463104103
Profit After Tax 219111011721220-7
PAT Margin (%) 4.1%1.9%2.4%2.7%3.2%1.9%0.4%3.6%4.2%-1.6%
Adjusted EPS (₹)9.74.15.04.88.75.21.29.515.4-5.1
Dividend Payout Ratio (%)12%24%22%34%18%21%0%13%9%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 14515115999108112111124142134
Share Capital 222222-42131313131313
Reserves 123129137141959998111130121
Minority Interest0000000000
Debt25219120313115417516910512380
Long Term Debt130958758727870564743
Short Term Debt12397116738297100497637
Trade Payables48312337272930361424
Others Liabilities 89909684725045588270
Total Liabilities 534464481352361366355323361308

Fixed Assets

Gross Block440452398225223228233200210248
Accumulated Depreciation14215910813132632263851
Net Fixed Assets297293289213209201201174172197
CWIP 15701303101
Investments 2111111123
Inventories130799264678080729958
Trade Receivables43353936415048342623
Cash Equivalents 19786912710108
Others Assets42444433331918284219
Total Assets 534464481352361366355323361308

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -27932745171441692067
PBT 3013151615811230-4
Adjustment 43424031303433282714
Changes in Working Capital -10040-240-24-25828-3058
Tax Paid 0-2-3-3-4-2-10-6-1
Cash Flow From Investing Activity -12-16-12-6-9-9-516-25-6
Capex -11-17-15-9-12-8-818-25-5
Net Investments -11021-21-2-1-1
Others 0031111101
Cash Flow From Financing Activity 39-89-14-39-7-5-39-845-64
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -14-35-7-2064-16-15-6-4
Interest Paid -23-25-23-17-19-22-22-18-14-13
Dividend Paid -3-3-2-3-2-3-20-2-2
Others 78-271908161-5127-45
Net Cash Flow 0-131-101-310-2
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)15.376.0276.398.366.091.3910.4615.04-4.8
ROCE (%)13.599.399.711.0112.259.887.7312.6616.614.01
Asset Turnover Ratio1.040.930.950.921.010.971.021.011.41.23
PAT to CFO Conversion(x)-1.2910.332.454.51.55220.55.751N/A
Working Capital Days
Receivable Days28303036394749442322
Inventory Days63826974677680826569
Payable Days50483647564845613024

Shiva Texyarn Ltd Stock News

Shiva Texyarn Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shiva Texyarn on 28-Mar-2024 16:01 is ₹143.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Shiva Texyarn stood at ₹186.5.
The latest P/E ratio of Shiva Texyarn as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Shiva Texyarn as of 28-Mar-2024 16:01 is 1.58.
The 52-week high of Shiva Texyarn is ₹200.9 and the 52-week low is ₹114.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shiva Texyarn is ₹362.5 ( Cr.) .

About Shiva Texyarn Ltd

Shiva Texyarn Limited incorporated on March 23, 2002, promoted by Dr. S. V. Balasubramaniam and carrying on the business of manufacturing of textile yarn was merged with Annamallai Finance Limited through a scheme of amalgamation. Annamalai Finance Private Limited was incorporated on May 28, 1980 and subsequently became a public company on November 25, 1985. The name of the company was changed to “Annamallai Finance Limited” on December 3, 1985. The company carried out the business as Non Banking Financial Company (NBFC). The company’s initial public offer was made in the year 1986 and the shares of the company were initially listed on the Bombay Stock Exchange and Madras Stock Exchange.The shares of the company got listed on National Stock exchange with effect from October 18, 1995. The company is currently engaged in the business of finance, windmill and textiles.

The company’s wind mills, with an installed capacity of 16.795 megawatts, produced 211.59 lakh units of wind electricity in 2009. The company has a 50% interest in a joint venture company, namely Bannari Amman Apparel.

The registered office of the company is situated at 252, Mettupalayam Road, Coimbatore, Tamil Nadu- 641043.

Business area of the company

The company is engaged in the manufacturing and marketing of cotton yarn and other textile products. Its business also includes wind power generations.

Business Divisions

  • Textile division
  • Wind mill division
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