Suryavanshi Spinning Mills Ltd - Stock Valuation and Financial Performance

BSE: 514140 | NSE: SURYVANSPG | Textile - Spinning | Small Cap

Suryavanshi Spg Mill Share Price

24.65 1.60 6.94%
as on 25-Apr'24 16:01

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Suryavanshi Spinning Mills stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
11.3 Cr.
52-wk low:
19.4
52-wk high:
37.9

Is Suryavanshi Spinning Mills Ltd an attractive stock to invest in?

1. Is Suryavanshi Spinning Mills Ltd a good quality company?

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

2. Is Suryavanshi Spinning Mills Ltd undervalued or overvalued?

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

3. Is Suryavanshi Spinning Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Suryavanshi Spinning Mills 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 Suryavanshi Spg Mill:

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.
Suryavanshi Spinning Mills 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 % 4.1%7.1%-1%-21.3%-14.8%-10.3%-18.4%3%16.5%-20.7%-
Value Creation
Index
-0.7-0.5-1.1NANANANANA0.2NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11310610265.53320.125.943.352.853.133
Sales YoY Gr.--5.8%-4.3%-35.7%-49.6%-39.1%28.7%67.4%22%0.6%-
Adj EPS -0.20-8.5-26.1-11-6.9-12.3-1.43.1-8.5-6.1
YoY Gr.-NA-85500%NANANANANANA-375.7%-
BVPS (₹) 28.828.319.8-5.5-12.6-18.9-21.8-22.6-19.1-19.7-20.3
Adj Net
Profit
-0.10-4.2-12.8-5.4-3.4-6-0.71.5-4.2-3
Cash Flow from Ops. 13.7-6.75.91.74.52.5-0.947.5-1.4-
Debt/CF from Ops. 1.7-5.46.222.78.414.8-33.97.33.1-16.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -8%10%27.1%0.6%
Adj EPS NANANA-375.7%
BVPS-195.9%NANANA
Share Price 9.2% 42.1% 45.7% -0.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-0.40.1-35.6-365.1121.44460.36.4-14.843.930.4
Op. Profit
Mgn %
5.64.72.7-6.9-11.7-6-18.48.36-6.6-12.1
Net Profit
Mgn %
-0.10-4.1-19.6-16.3-16.9-23.3-1.62.9-7.9-9.1
Debt to
Equity
1.62.63.8-14-6-4-2.8-2.6-2.4-2.4-
Working Cap
Days
179787810314518815098928939
Cash Conv.
Cycle
2418373817-19-9-20-24-22-62

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 30.40%

Sales growth is growing at healthy rate in last 3 years 27.11%

Sales growth is not so good in last 4 quarters at -36.52%

Latest Financials - Suryavanshi Spinning Mills Ltd.

Standalone Consolidated
TTM EPS (₹) -6.1 -7.4
TTM Sales (₹ Cr.) 32.7 268
BVPS (₹.) -20.3 0
Reserves (₹ Cr.) -15 26
P/BV -1.13 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 19.40 / 37.90
All Time Low / High (₹) 1.35 / 220.00
Market Cap (₹ Cr.) 11.3
Equity (₹ Cr.) 4.9
Face Value (₹) 10
Industry PE 32

Management X-Ray of Suryavanshi Spg Mill:

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 Suryavanshi Spg Mill

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
Sales112.93106.35101.8165.463320.1025.8743.3052.8453.13
Operating Expenses 106.63101.4599.0970.0636.8821.3630.8639.8449.6956.72
Manufacturing Costs16.4417.5819.5913.229.369.397.356.1110.1011.63
Material Costs7668.9463.4543.8318.554.2615.4927.0831.0936.22
Employee Cost 7.717.999.328.706.945.785.355.347.055.94
Other Costs 6.496.956.744.302.031.922.671.311.452.94
Operating Profit 6.304.902.72-4.60-3.88-1.26-4.993.463.16-3.59
Operating Profit Margin (%) 5.6%4.6%2.7%-7.0%-11.8%-6.3%-19.3%8.0%6.0%-6.8%
Other Income 1.511.531.150.560.330.240.660.441.591.17
Interest 4.824.405.346.010.710.552.431.801.521.93
Depreciation 2.891.731.731.821.911.841.721.731.721.59
Exceptional Items 00-0.1502.6307.600.0305.74
Profit Before Tax 0.100.29-3.34-11.87-3.54-3.40-0.870.401.51-0.20
Tax 000.860.920001.1700.04
Profit After Tax 0.100.29-4.20-12.79-3.54-3.40-0.87-0.771.51-0.24
PAT Margin (%) 0.1%0.3%-4.1%-19.5%-10.7%-16.9%-3.4%-1.8%2.9%-0.5%
Adjusted EPS (₹)0.20.6-8.6-26.1-7.2-6.9-1.8-1.63.1-0.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 14.1313.909.70-2.68-6.20-9.26-10.71-11.09-9.37-9.69
Share Capital 4.914.914.914.914.914.914.914.914.914.91
Reserves 9.228.994.79-7.59-11.11-14.18-15.62-16-14.28-14.60
Minority Interest0000000000
Debt20.3033.1933.2033.9231.2332.7324.0424.5023.9120.46
Long Term Debt7.5819.1819.0817.4214.5515.6611.5911.9911.3620.18
Short Term Debt12.7214.0214.1216.4916.6817.0712.4612.5212.550.28
Trade Payables16.933.8965.825.025.336.5211.1810.3511.64
Others Liabilities 7.357.077.8112.3111.8211.1217.8214.7814.7913.64
Total Liabilities 58.7258.0656.7149.3741.8739.9237.6839.3739.6836.06

Fixed Assets

Gross Block66.9766.8567.2571.1371.0470.2467.2164.5565.8664.82
Accumulated Depreciation33.1135.2536.3638.1339.9140.9340.7839.2940.9841.30
Net Fixed Assets33.8631.6130.9033.0131.1329.3126.4225.2624.8723.52
CWIP 00.953.650.040.040.040.040.040.100
Investments 0.050.620.620.110.090.080.060.140.200.14
Inventories9.9410.4511.097.462.181.912.534.795.964.40
Trade Receivables6.664.874.481.612.141.273.023.152.361.53
Cash Equivalents 1.472.630.440.380.190.170.221.550.250.63
Others Assets6.736.935.536.776.097.135.384.445.935.85
Total Assets 58.7258.0656.7149.3741.8739.9237.6839.3739.6836.06

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 13.70-6.735.911.664.452.49-0.903.957.45-1.43
PBT 0.100.29-3.34-11.87-3.54-3.40-0.870.401.51-0.20
Adjustment 7.095.716.577.092.242.18-3.513.402.240.26
Changes in Working Capital 6.55-12.683.597.385.894.033.491.33.80.14
Tax Paid -0.04-0.04-0.92-0.94-0.14-0.310-1.17-0.10-0.29
Cash Flow From Investing Activity -1.54-1.24-3.560.010.96-0.176.600.63-2.77-0.49
Capex -2.05-0.94-3.72-0.43-0.04-0.016.50-0.68-1.44-0.56
Net Investments 0-0.5700.290.86-0.2801.20-1.470.06
Others 0.510.280.150.150.140.120.100.100.140.01
Cash Flow From Financing Activity -14.099.13-4.53-1.73-5.56-2.33-5.59-3.26-5.982.30
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-0.08-0.0900000-5.267.57
Interest Paid -4.79-4.18-4.89-3.32-2.54-0.140-0.57-0.73-5.27
Dividend Paid 0000000000
Others -9.3113.390.451.59-3.02-2.19-5.59-2.6900
Net Cash Flow -1.941.16-2.19-0.06-0.15-0.010.111.32-1.300.38
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.462.07-35.6N/AN/AN/AN/AN/AN/AN/A
ROCE (%)6.0810.814.15N/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.911.821.771.230.720.490.671.121.341.4
PAT to CFO Conversion(x)137-23.21N/AN/AN/AN/AN/AN/A4.93N/A
Working Capital Days
Receivable Days46201717213130261913
Inventory Days86353952533731313736
Payable Days154552849107443140119126111

Suryavanshi Spinning Mills Ltd Stock News

Suryavanshi Spinning Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Suryavanshi Spg Mill on 25-Apr-2024 16:01 is ₹24.65.
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 25-Apr-2024 16:01 the market cap of Suryavanshi Spg Mill stood at ₹11.31.
The latest P/E ratio of Suryavanshi Spg Mill as of 25-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Suryavanshi Spg Mill as of 25-Apr-2024 16:01 is -1.13.
The 52-week high of Suryavanshi Spg Mill is ₹37.90 and the 52-week low is ₹19.40.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Suryavanshi Spg Mill is ₹32.67 ( Cr.) .

About Suryavanshi Spinning Mills Ltd

Suryavanshi Spinning Mills Ltd (SVSM) Group was started by B N Agarwal. Suryavanshi started its operations with spinning activity in 1978 with a spindle capacity of 1728 and steadily grown to a capacity of 100,000 by 2002. Over the years the management has acquired an in-depth knowledge on raw-material. They have also installed Evenness Tester Machine for testing of cotton for all parameters like strength, length of the fiber, etc.

By virtue of experience of more than two decades with the technical support of the latest machines available they select the best of raw-material for input in their plants. To meet all the parameters in terms of international standards the management kept on modernizing all its mills and the present equipment available is state-of-art machines in all the plants of the company.

The company has quality testing equipments to test all parameters. It manufactures quality yarn to suit all requirements. With a vision in mind the company has diversified in textile related activities and set up knitting and processing plant under the same management. They have also entered into manufacturing of fashionable garments in the year 1997.

Surryavanshi Group, with this integrated activity of manufacturing of yarn to readymade garments has become a deep layer in the textile industry in India and also adding its share to the exports. The products of the Company have greatly been accepted in the overseas markets and the accolades it has received are the obvious testimony of what the Group's vision is -- quality and reaching globally.

Product range of the company includes:

  • Grey yarn
  • Specialty yarn
  • Dyed yarn
  • Fabrics
  • Garment

The products of Surryavanshi are being exported to the countries like United States, Europe, Japan, China, Korea, Vietnam, Hong Kong, Bangladesh, Italy, Egypt, etc.

Achievements/ recognition:

  • Award for Good Housekeeping
  • Best Exporter Award, 1990-91
  • Best Exporter Award, 1991-92
  • Best Exporter Award, 1994-95
  • Vishweswara Industrial Award
  • Corporate Award, Share Business 1995
  • ISO-9002- Aliabad Unit - March 1998
  • ISO- 9002- Rajna Unit- 2001
  • ISO – 9002 - Bhongir Unit - June 2000
  • Appreciation of Outstanding Cotton Yarn Spinners in India,1999
  • Birla Award 1999-2000 - For Achieving Excellence of Cost Reduction by Birla Economic & Textile Research Foundation, New Delhi.
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