Past 10 year's financial track record analysis by Moneyworks4me indicates that Shri Dinesh Mills Ltd is a average quality company.
The key valuation ratios of Shri Dinesh Mills Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shri Dinesh Mills Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 5.3% | 5.4% | 3.9% | 3.7% | -0.8% | 2.9% | -0.9% | 7.4% | 9.1% | 6.3% | - |
| Value Creation Index ⓘ | -0.6 | -0.6 | -0.7 | -0.7 | -1.1 | -0.8 | -1.1 | -0.5 | -0.4 | -0.6 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 86.1 | 80.5 | 78.1 | 79.3 | 76.9 | 68.8 | 51.2 | 49.1 | 55.1 | 59.7 | 65 |
| Sales YoY Gr. | - | -6.5% | -3% | 1.5% | -3.1% | -10.6% | -25.5% | -4.1% | 12.2% | 8.4% | - |
| Adj EPS ⓘ | 8.5 | 8.9 | 5.7 | 5.4 | -3.8 | 4.1 | -2 | 13.7 | 20.1 | 16.2 | 104.6 |
| YoY Gr. | - | 4.9% | -36.1% | -5.3% | -170.6% | NA | -147.8% | NA | 46.2% | -19.6% | - |
| BVPS (₹) ⓘ | 196 | 196.1 | 200 | 204.7 | 192.7 | 190.5 | 187.8 | 202.1 | 244.3 | 277.4 | 358.4 |
| Adj Net Profit ⓘ | 4.3 | 4.5 | 2.9 | 2.8 | -1.9 | 2.1 | -1 | 7.7 | 11.3 | 9.1 | 59 |
| Cash Flow from Ops. ⓘ | 18.1 | 13.5 | 6.3 | 11.5 | 5.7 | 14.4 | 2.2 | 9.2 | 26.3 | 22.2 | - |
| Debt/CF from Ops. ⓘ | 1.4 | 1 | 2 | 0.8 | 0.8 | 0.1 | -0.2 | -0.1 | -0 | -0.1 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -4% | -4.9% | 5.3% | 8.4% | ||||
| Adj EPS ⓘ | 7.4% | NA | NA | -19.6% | ||||
| BVPSⓘ | 3.9% | 7.6% | 13.9% | 13.6% | ||||
| Share Price | 19.9% | 32.7% | 6.6% | -2.5% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 4.4 | 4.6 | 2.9 | 2.7 | -1.9 | 2.1 | -1 | 7.2 | 9 | 6.2 | 32.9 |
| Op. Profit Mgn % ⓘ | 18.4 | 14 | 11.5 | 9.6 | 4.3 | 8.4 | -2.4 | 19.5 | 15.7 | 11.7 | 17.2 |
| Net Profit Mgn % ⓘ | 5 | 5.6 | 3.7 | 3.5 | -2.5 | 3.1 | -2 | 15.7 | 20.4 | 15.2 | 90.4 |
| Debt to Equity ⓘ | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0 | 0 | -0 | -0 | -0 | - |
| Working Cap Days ⓘ | 210 | 204 | 208 | 211 | 211 | 190 | 195 | 170 | 164 | 181 | 394 |
| Cash Conv. Cycle ⓘ | 183 | 176 | 180 | 179 | 178 | 157 | 151 | 124 | 103 | 86 | 342 |
Return on Equity has increased versus last 3 years average to 32.90%
Sales growth is good in last 4 quarters at 13.03%
Sales growth has been subdued in last 3 years 5.25%
Net Profit has been subdued in last 3 years 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 104.6 | 98.2 |
| TTM Sales (₹ Cr.) | 64.8 | 98.1 |
| BVPS (₹.) ⓘ | 358.4 | 354.3 |
| Reserves (₹ Cr.) ⓘ | 195 | 193 |
| P/BV ⓘ | 1.39 | 1.40 |
| PE ⓘ | 4.76 | 5.07 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 452.00 / 569.95 |
| All Time Low / High (₹) | 7.61 / 900.00 |
| Market Cap (₹ Cr.) | 279 |
| Equity (₹ Cr.) | 5.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 29.4 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 86 | 80 | 78 | 79 | 77 | 69 | 51 | 49 | 55 | 60 |
| Operating Expenses ⓘ | 70 | 69 | 69 | 72 | 74 | 63 | 52 | 40 | 46 | 53 |
| Manufacturing Costs | 9 | 10 | 9 | 9 | 9 | 8 | 7 | 6 | 8 | 8 |
| Material Costs | 28 | 24 | 23 | 24 | 27 | 22 | 19 | 12 | 14 | 17 |
| Employee Cost | 24 | 26 | 27 | 28 | 28 | 24 | 18 | 16 | 17 | 18 |
| Other Costs ⓘ | 10 | 10 | 10 | 11 | 10 | 9 | 8 | 7 | 8 | 10 |
| Operating Profit ⓘ | 16 | 11 | 9 | 8 | 3 | 6 | -1 | 10 | 9 | 7 |
| Operating Profit Margin (%) | 18.4% | 14.0% | 11.5% | 9.6% | 4.1% | 8.4% | -2.4% | 19.5% | 15.7% | 11.7% |
| Other Income ⓘ | 3 | 3 | 3 | 4 | 4 | 4 | 8 | 5 | 5 | 7 |
| Interest ⓘ | 3 | 3 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 10 | 8 | 7 | 8 | 7 | 7 | 6 | 4 | 3 | 3 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | -5 | -3 | 0 | 0 | 20 | 18 |
| Profit Before Tax ⓘ | 6 | 4 | 2 | 2 | -7 | -1 | 1 | 10 | 30 | 28 |
| Tax ⓘ | 1 | 0 | 0 | -1 | -1 | -1 | -1 | 1 | 4 | 5 |
| Profit After Tax | 4 | 5 | 3 | 3 | -6 | 0 | 2 | 9 | 27 | 23 |
| PAT Margin (%) | 5.0% | 5.6% | 3.7% | 3.5% | -7.4% | 0.3% | 3.4% | 17.9% | 48.1% | 38.4% |
| Adjusted EPS (₹) | 8.5 | 8.9 | 5.7 | 5.5 | -11.1 | 0.4 | 3.3 | 15.7 | 47.3 | 41.0 |
| Dividend Payout Ratio (%) | 21% | 20% | 26% | 27% | -13% | 486% | 92% | 32% | 16% | 24% |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 100 | 100 | 102 | 104 | 98 | 99 | 100 | 113 | 137 | 155 |
| Share Capital ⓘ | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 |
| Reserves ⓘ | 95 | 95 | 97 | 99 | 93 | 94 | 94 | 108 | 131 | 150 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 17 | 9 | 10 | 5 | 1 | -1 | 0 | -1 | -1 | -1 |
| Long Term Debt | 14 | 10 | 10 | 5 | 2 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 3 | 0 | 0 | 0 | -1 | -1 | 0 | -1 | -1 | -1 |
| Trade Payables | 2 | 1 | 2 | 3 | 3 | 2 | 2 | 2 | 2 | 3 |
| Others Liabilities ⓘ | 36 | 31 | 30 | 30 | 28 | 28 | 20 | 16 | 19 | 24 |
| Total Liabilities ⓘ | 155 | 141 | 144 | 143 | 130 | 128 | 121 | 130 | 158 | 181 |
Fixed Assets | ||||||||||
| Gross Block | 194 | 194 | 201 | 202 | 203 | 204 | 140 | 132 | 130 | 128 |
| Accumulated Depreciation | 132 | 145 | 152 | 159 | 166 | 171 | 116 | 112 | 113 | 112 |
| Net Fixed Assetsⓘ | 62 | 49 | 49 | 43 | 37 | 33 | 24 | 19 | 17 | 16 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 20 | 14 | 13 | 47 | 49 | 60 | 71 | 87 | 108 | 131 |
| Inventories | 32 | 30 | 32 | 35 | 29 | 20 | 12 | 13 | 13 | 12 |
| Trade Receivables | 13 | 12 | 11 | 10 | 9 | 7 | 7 | 5 | 5 | 5 |
| Cash Equivalents | 22 | 31 | 32 | 4 | 3 | 4 | 2 | 2 | 5 | 3 |
| Others Assetsⓘ | 5 | 4 | 5 | 4 | 3 | 4 | 5 | 3 | 10 | 14 |
| Total Assets ⓘ | 155 | 141 | 144 | 143 | 130 | 128 | 121 | 130 | 158 | 181 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 18 | 13 | 6 | 12 | 6 | 14 | 2 | 9 | 26 | 22 |
| PBT ⓘ | 6 | 4 | 2 | 2 | -7 | -1 | 1 | 10 | 30 | 28 |
| Adjustment ⓘ | 11 | 8 | 7 | 7 | 6 | 6 | 0 | 1 | -1 | -3 |
| Changes in Working Capital ⓘ | 2 | 2 | -3 | 3 | 6 | 10 | 1 | -2 | -3 | -0 |
| Tax Paid ⓘ | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 |
| Cash Flow From Investing Activity ⓘ | -4 | 8 | -4 | -32 | -1 | -12 | -2 | -12 | -22 | -19 |
| Capex | -8 | -1 | -7 | -1 | -1 | -3 | 5 | 2 | -5 | -1 |
| Net Investments | 1 | 6 | 1 | -34 | -1 | -10 | -8 | -14 | -17 | -19 |
| Others ⓘ | 2 | 3 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | -6 | -13 | -1 | -8 | -6 | -1 | -3 | 3 | -1 | -5 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 5 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | -5 | -3 | -2 | -1 | 0 | 2 | 0 |
| Interest Paid ⓘ | -3 | -3 | -2 | -2 | -2 | -1 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | -1 | -1 | -1 | -3 | 0 | -3 | -4 |
| Others ⓘ | -3 | -10 | 1 | 0 | 0 | 0 | 0 | -1 | 0 | 0 |
| Net Cash Flow ⓘ | 8 | 9 | 1 | -28 | -1 | 1 | -3 | 0 | 3 | -2 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 4.38 | 4.56 | 2.88 | 2.72 | -5.6 | 0.2 | 1.75 | 8.28 | 21.2 | 15.71 |
| ROCE (%) | 7.13 | 5.67 | 4.12 | 3.47 | -4.64 | 0.29 | 1.32 | 9.4 | 24.59 | 19.47 |
| Asset Turnover Ratio | 0.59 | 0.58 | 0.58 | 0.59 | 0.57 | 0.53 | 0.41 | 0.39 | 0.38 | 0.35 |
| PAT to CFO Conversion(x) | 4.5 | 2.6 | 2 | 4 | N/A | N/A | 1 | 1 | 0.96 | 0.96 | Working Capital Days |
| Receivable Days | 47 | 53 | 51 | 45 | 44 | 42 | 50 | 46 | 34 | 31 |
| Inventory Days | 144 | 132 | 137 | 146 | 149 | 129 | 115 | 94 | 87 | 77 |
| Payable Days | 22 | 24 | 25 | 38 | 39 | 38 | 36 | 56 | 56 | 61 |
Shri Dinesh Mills Ltd. was incorporated on July1, 1935 at Baroda as Maharani Woollen Mills and received the certificate of commencement of business on February 17, 1936.
Shri Dinesh Mills is a composite textile mill with a very strong presence in the textile industry for more than 60 years; manufacturing worsted fabrics (menswear), paper makers felts and industrial textiles. They have scouring and combing plants, top dyeing, worsted and woolen spinning, shuttleless weaving and complete fabric finishing range for woolen, poly wool worsted and poly viscose fabrics. Shri Dinesh Mills markets different products and its marketing set up is divided for different product segments.
At Shri Dinesh Mills Limited, it has products for:- general consumers, menswear, industrial consumers --paper maker's felt --industrial textiles
Their definition for quality is 'As perceived by customer'. They believe in upgradation of manufacturing facilities, quality development and management process besides development of human resources.
The company’s fabrics go through a series of hot and cold processes with the use of special detergents, softeners and other speciality chemicals. These impart a permanent feel and form to the fabric which will endure years of exposure to the atmosphere and other factors like washing, abrasion, strech, bodysweat etc. Suiting Fabrics manufactured by it find their way to the consumers' wardrobe via a network of multi brand outlets spread across the country and also in form of ready made apparels from the fabrics supplied by it to all major garmenters throughout the country and even abroad.
Product range of the company includes:
For International market it has been manufacturing and exporting worsted fabrics to various overseas markets since last 30 Years. It maintain the highest standards of quality to meet the requirements of its discerning customers. It is exporting its products to various countries / continents i.e USA , Canada , Australia, Europe , Middle East & Far East countries.
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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