Prakash Woollen & Synthetic Mills Ltd - Stock Valuation and Financial Performance

BSE: 531437 | NSE: | Textile | Small Cap

Prakash Wool.&Syn Share Price

38.05 0.05 0.13%
as on 19-Apr'24 10:17

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Prakash Woollen & Synthetic Mills stock performance -

mw4me loader
P/E Ratio (SA):
108.30
Market Cap:
39 Cr.
52-wk low:
21
52-wk high:
43.8

Is Prakash Woollen & Synthetic Mills Ltd an attractive stock to invest in?

1. Is Prakash Woollen & Synthetic Mills Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Prakash Woollen & Synthetic Mills Ltd is a below average quality company.

2. Is Prakash Woollen & Synthetic Mills Ltd undervalued or overvalued?

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

3. Is Prakash Woollen & Synthetic Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Prakash Woollen & Synthetic 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 Prakash Wool.&Syn:

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.
Prakash Woollen & Synthetic Mills Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 8.4%7%7.4%7.9%7%9%9.4%6.8%1.3%-3.8%-
Value Creation
Index
-0.4-0.5-0.5-0.4-0.5-0.4-0.3-0.5-0.9-1.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 81.288.29510499.712713397.698.5104105
Sales YoY Gr.-8.6%7.7%9.6%-4.3%27.4%4.4%-26.4%1%5.2%-
Adj EPS 2.22.32.62.72.43.84.73.3-0.1-4.90.4
YoY Gr.-6%13.4%3.1%-11.9%60.9%22.5%-29%-103.3%NA-
BVPS (₹) 25.226.42931.734.13845.849.549.644.744.9
Adj Net
Profit
2.22.42.72.82.53.94.83.4-0.1-50
Cash Flow from Ops. 2.45.87.37.67.310.516.79.71.6-0.9-
Debt/CF from Ops. 7.84.84.13.85.22.90.7121.5-54.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.8%0.8%-7.9%5.2%
Adj EPS -209.4%-215.6%-201.5%NA
BVPS6.6%5.6%-0.8%-9.8%
Share Price 7.2% 6.3% 21.1% 70.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
9.98.698.5710.310.96.8-0.2-10.10.8
Op. Profit
Mgn %
9.49.810.811.111.99.98.39.85.41.18.8
Net Profit
Mgn %
2.82.72.82.72.53.13.63.5-0.1-4.90.3
Debt to
Equity
0.7110.91.10.80.20.20.71.1-
Working Cap
Days
11911210710713311298124133149125
Cash Conv.
Cycle
9181757481686278808911

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.80%

Sales growth has been subdued in last 3 years -7.87%

Net Profit has been subdued in last 3 years -201.54%

Debt to equity has increased versus last 3 years average to 1.10

Sales growth is not so good in last 4 quarters at -6.64%

Latest Financials - Prakash Woollen & Synthetic Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 0.4 -
TTM Sales (₹ Cr.) 105 -
BVPS (₹.) 44.9 -
Reserves (₹ Cr.) 36 -
P/BV 0.85 -
PE 108.30 -
From the Market
52 Week Low / High (₹) 21.01 / 43.80
All Time Low / High (₹) 3.00 / 95.65
Market Cap (₹ Cr.) 39
Equity (₹ Cr.) 10.3
Face Value (₹) 10
Industry PE 28.4

Management X-Ray of Prakash Wool.&Syn:

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 Prakash Wool.&Syn

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
Sales81.1888.1894.99104.0899.65126.99132.5797.5598.52103.68
Operating Expenses 73.5579.6384.7892.5987.75114.47121.6388.0693.17102.58
Manufacturing Costs6.568.099.5710.7825.4529.3832.4728.0326.4230.23
Material Costs58.7762.7564.1268.8849.7771.5774.2846.1753.1158.49
Employee Cost 2.553.064.766.227.638.128.938.287.898.16
Other Costs 5.675.746.336.724.905.405.965.585.765.71
Operating Profit 7.648.5510.2111.4811.9012.5210.949.505.361.10
Operating Profit Margin (%) 9.4%9.7%10.7%11.0%11.9%9.9%8.2%9.7%5.4%1.1%
Other Income 0.080.280.280.130.080.610.510.680.180.05
Interest 1.981.672.383.033.373.661.8111.512.24
Depreciation 2.493.614.204.414.744.744.294.224.164.07
Exceptional Items 0000004.71000
Profit Before Tax 3.253.553.914.183.874.7210.054.96-0.13-5.16
Tax 1.011.211.261.421.410.7921.18-0.08-0.12
Profit After Tax 2.232.342.652.762.463.948.063.77-0.06-5.04
PAT Margin (%) 2.8%2.7%2.8%2.7%2.5%3.1%6.1%3.9%-0.1%-4.9%
Adjusted EPS (₹)2.22.32.62.72.43.87.93.7-0.1-4.9
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 27.1528.4431.1033.8436.3440.3148.2352.0752.1447.16
Share Capital 10.2610.2610.2610.2610.2610.2610.2610.2610.2610.26
Reserves 16.8918.1820.8423.5826.0830.0537.9741.8141.8836.90
Minority Interest0000000000
Debt17.4327.0226.8825.8433.9325.787.299.1632.2546.36
Long Term Debt2.1411.1811.9812.3716.3112.145.776.5822.6329.95
Short Term Debt15.2915.8414.9113.4717.6213.631.522.579.6216.41
Trade Payables4.194.786.255.198.395.515.114.934.836.52
Others Liabilities 4.713.115.788.1410.3410.5012.5110.4112.1518.70
Total Liabilities 53.4863.3570.0273.0189.0182.1073.1476.56101.38118.74

Fixed Assets

Gross Block43.8259.4565.8343.7255.7556.9855.9363.0368.4168.42
Accumulated Depreciation18.8323.6927.534.218.8613.6016.6520.5822.0725.70
Net Fixed Assets24.9935.7638.3039.5146.8943.3739.2842.4546.3542.72
CWIP 1.2302.820.200.4700.750.6416.4729.34
Investments 0000000000
Inventories20.0116.7516.5216.9618.2521.3214.1720.7123.0629.35
Trade Receivables5.697.659.6111.5912.539.8011.715.613.995.28
Cash Equivalents 0.270.340.390.401.820.420.230.200.200.27
Others Assets1.282.852.374.349.057.1976.9511.3011.80
Total Assets 53.4863.3570.0273.0189.0182.1073.1476.56101.38118.74

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2.425.797.307.637.3210.5316.689.691.60-0.93
PBT 3.253.553.914.183.874.7210.054.96-0.13-5.16
Adjustment 4.335.046.267.428.187.950.914.715.756.37
Changes in Working Capital -2.25-0.211.7-1.15-3.67-3.947.461.19-3.41-2.52
Tax Paid -0.97-1.12-2.42-2.82-1.061.80-1.75-1.16-0.600.38
Cash Flow From Investing Activity -5.93-14.55-9.45-3.61-11.94-0.214-7.13-24.96-12.74
Capex -5.98-14.70-9.59-3.03-12.38-0.753.62-7.29-23.86-13.32
Net Investments 0000000000
Others 0.050.150.13-0.580.440.540.380.15-1.100.58
Cash Flow From Financing Activity 3.438.822.20-4.026.05-11.73-20.86-2.5923.3513.73
Net Proceeds from Shares 6.69000000000
Net Proceeds from Borrowing -4.178.273.140.485.16-4.21-6.72-2.5617.858.95
Interest Paid 000-3.06-3.26-3.54-2.03-1.08-1.54-2.01
Dividend Paid 0000000000
Others 0.910.55-0.94-1.434.15-3.98-12.121.057.046.79
Net Cash Flow -0.070.060.050.011.43-1.41-0.19-0.0300.07
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)10.468.839.338.867.2810.6418.757.72-0.11-10.42
ROCE (%)12.510.511111.9110.7511.7918.6810.051.89-3.21
Asset Turnover Ratio1.581.511.421.461.231.481.711.31.110.94
PAT to CFO Conversion(x)1.092.472.752.762.982.672.072.57N/AN/A
Working Capital Days
Receivable Days27283337443230321816
Inventory Days87766458645749658192
Payable Days31263130503526403435

Prakash Woollen & Synthetic Mills Ltd Stock News

Prakash Woollen & Synthetic Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prakash Wool.&Syn on 19-Apr-2024 10:17 is ₹38.05.
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 19-Apr-2024 10:17 the market cap of Prakash Wool.&Syn stood at ₹38.99.
The latest P/E ratio of Prakash Wool.&Syn as of 19-Apr-2024 10:17 is 108.3.
The latest P/B ratio of Prakash Wool.&Syn as of 19-Apr-2024 10:17 is 0.85.
The 52-week high of Prakash Wool.&Syn is ₹43.80 and the 52-week low is ₹21.01.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prakash Wool.&Syn is ₹105.4 ( Cr.) .

About Prakash Woollen & Synthetic Mills Ltd

Prakash Woollen Mills was incorporated on August 23, 1979 in the name and style of ‘Prakash Woollen Mills Private Limited’. The company was converted into a public company on the May 14, 1993 by the efforts of his Executive Directors and Senior Management.

Prakash woollen mills, was established as manufacturing concern of Woollen Blankets, the company rapidly honed the skills of the trade. In three decades of its existence the company has acquired the capacity to manufacturing over one million of Mink Blankets per annum and nowadays is one of the largest composite units of mink Blanket.

In a strategic move Prakash Woollen Mills entered into a field of Mink Blankets the diversification of this product was achieved with technical assistance from South Korea and China who are the leaders in Mink Blankets. The entire project and the technology have been imported from Korea and China is of the latest state of art technology.

Prakash Woollen Mills already has its presence in domestic market with a strong dealer network and over the years has gradually increased its presence across the globe and nowadays is the symbol of quality and familiar name in Blanket Industry.

Business area of the company:

The company is engaged in to the blanket manufacturing industry. The company specializes in the production of Mink Blankets and Bed Covers.

Products:

Blankets

  • 2-Ply Mink Blankets
  • Baby Blankets
  • Fleece Blankets
  • Mink Blankets
  • Plain and Embossed Mink Blankets

Soft Blankets

  • Home Furnishing
  • 4 Pcs Sets
  • Comforters and Comforter Sets
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