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Spectacle Ventures Ltd. Stock Analysis

Small Cap
Evaluated by 24 users | BSE: 512413 | NSE: SPECTACLE |
IT - Software
Spectacle Industries Ltd was incorporated on May 18,1985 as Nilhari Trading And Finance Limited. Came with its maiden public issue of 2,44,930 Equity Shares in the year 1986 and became a listed company by listing of its Equity shares at BSE. The name of the company was changed to Khaitan...

Analysis of Financial Track Record

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.
Value Creation
 Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Return on Capital Employed 7.61%2%11.21%14%3.39%1.02%-1.91%-1.19%-1.22%-175.26%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 3.23.140.249.91531120000
Y-o-Y Gr. Rt.--5.3%1208.1%24.2%206.4%-26.5%-100%NANANA
Adjusted EPS (Rs.) 0.020.010.10.170.040.01-0.04-0.02-0.02-1.24
Y-o-Y Gr. Rt.--50%900%70%-76.5%-75%-500%NANANA
Book Value per Share (Rs.) 0.281.071.111.231.351.361.311.291.280.04
Adjusted Net Profit 0.10.10.50.90.20.1-0.2-0.1-0.1-6.4
Net Op. Cash Flow (Rs. Cr.) -10.4-0.1-2.3-3.3-1.203.4-0.10
Debt to Cash Flow from Ops -0.460.37-34.27-0.16-0.58-2.91-194.880.05-3.96-12.74
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Spectacle Ventures Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -100%-100%NANA
Adjusted EPS -258.2%-298.7%NANA
Book Value per Share -19.4-50.5-68.7-96.9
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Return on Equity (%) 8.92.098.6914.173.30.79-3.19-1.51-1.25-187.1
Operating Profit Margin (%) 3.381.240.810.320.090.360000
Net Profit Margin (%) 3.372.331.231.730.140.050000
Debt to Equity 0.350.020.430.060.270.50.520.020.031.09
Working Capital Days 1732311320532630000
Cash Conversion Cycle -37-121-142620000
Entity Percentage Holding
Promoters 16.25%
Non-Institutions 83.75%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
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Data is not available for this company.

Data is not available for this company

Spectacle Industries Ltd was incorporated on May 18,1985 as Nilhari Trading And Finance Limited. Came with its maiden public issue of 2,44,930 Equity Shares in the year 1986 and became a listed company by listing of its Equity shares at BSE. The name of the company was changed to Khaitan Weaving Mills Limited through a fresh certificate of incorporation consequent to change in name was obtained on March 16 1988.

Finally Khaitan Weaving Mills Ltd received the
Spectacle Industries Ltd was incorporated on May 18,1985 as Nilhari Trading And Finance Limited. Came with its maiden public issue of 2,44,930 Equity Shares in the year 1986 and became a listed company by listing of its Equity shares at BSE. The name of the company was changed to Khaitan Weaving Mills Limited through a fresh certificate of incorporation consequent to change in name was obtained on March 16 1988.

Finally Khaitan Weaving Mills Ltd received the approval for change of name of the Company from the Registrar of Companies, Mumbai  to its preset as ‘Spectacle Industries Ltd’.

Spectacle achieved prominent growth in various sectors and now became veteran of the Industry after 24 years of long successful journey in the varied sectors.

Existing Profit making company . Established dividend track record. Existing Net Worth of around Rs. 57.07 Million and Market Cap of Rs. 2600 Million.

Due to turmoil in the textile sector, Spectacle decided to undergo for diversification by venturing in to arena of mining, power generation, processing of mineral, ores, and allied activities and altered its main objects. Achieved a turnover of over Rs.400 Million in the fiscal 2009 constituting over 95% of its turnover form diversified activities posing a steady start and committed growth.

The company is looking forward for massive expansion in its new arena of business through corporate restructuring and identified strategic partners for acquisition of mines and metal & mineral processing units.

Business area of the company

The company is presently engaged in purchasing textile materials from other companies in and around Mumbai and selling some significant portion to the wholesalers and some portion to the retailers from local markets and suburban regions in and around Mumbai.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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