Omnitex Industries (India) Ltd - Stock Valuation and Financial Performance

BSE: 514324 | NSE: | Trading | Small Cap

Omnitex Industries Share Price

181 1.00 0.56%
as on 12-Apr'24 09:53

DeciZen - make an informed investing decision on Omnitex Industries

M-Cap below 100cr DeciZen not available

Omnitex Industries (India) stock performance -

mw4me loader
P/E Ratio (SA):
46.99
Market Cap:
76.1 Cr.
52-wk low:
45.2
52-wk high:
186.2

Is Omnitex Industries (India) Ltd an attractive stock to invest in?

1. Is Omnitex Industries (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Omnitex Industries (India) Ltd is a below average quality company.

2. Is Omnitex Industries (India) Ltd undervalued or overvalued?

The key valuation ratios of Omnitex Industries (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Omnitex Industries (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Omnitex Industries (India) 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 Omnitex Industries:

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.
Omnitex Industries (India) 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 % 3%0.8%-1%-2.3%1.2%0.8%-1%-2.7%-4%-3.8%-
Value Creation
Index
-0.8-0.9-1.1-1.2-0.9-0.9-1.1-1.2-1.3-1.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.10.20.40.50.80.10.42.10.40.31
Sales YoY Gr.-100%81.8%25%60%-87.5%300%435%-80.8%-17.1%-
Adj EPS 0.40.1-0.2-0.30.20.1-0.2-0.4-0.6-0.53.9
YoY Gr.--72.1%-225%NANA-25%-225%NANANA-
BVPS (₹) 14.514.614.414.114.214.414.213.813.212.8245
Adj Net
Profit
0.20.1-0.1-0.10.10.1-0.1-0.2-0.2-0.22
Cash Flow from Ops. -0.2-0.2-0.2-0.1-0.1-0.1-0.40-0.2-0.4-
Debt/CF from Ops. 000-0.500-0.4-0.5-10-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.4%-15.7%-5.3%-17.1%
Adj EPS -202.1%-226.6%NANA
BVPS-1.4%-2.2%-3.6%-3.7%
Share Price 27.5% 78.5% 99.5% 300.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
30.8-1-2.31.10.8-1.1-2.8-4.2-43
Op. Profit
Mgn %
-74-53.6-32.5-29.2-14.9-145.9-52.6-6.6-47.9-46.8-9.2
Net Profit
Mgn %
165.622.9-15.7-27.98.448.4-16.1-7.8-58.1-64.1111.5
Debt to
Equity
0000000000-
Working Cap
Days
2,4151,3928697443331,7785148537757173
Cash Conv.
Cycle
-18-11-9332218161120104-1,955

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.00%

Sales growth is good in last 4 quarters at 40.39%

Sales growth has been subdued in last 3 years -5.27%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Omnitex Industries (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 3.9 0.3
TTM Sales (₹ Cr.) 1.5 0
BVPS (₹.) 245 0
Reserves (₹ Cr.) 99 -1
P/BV 0.74 0.00
PE 46.99 595.41
From the Market
52 Week Low / High (₹) 45.20 / 186.20
All Time Low / High (₹) 1.20 / 186.20
Market Cap (₹ Cr.) 76.1
Equity (₹ Cr.) 4.2
Face Value (₹) 10
Industry PE 79.8

Management X-Ray of Omnitex Industries:

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 Omnitex Industries

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
Sales0.110.220.400.500.800.100.402.140.410.34
Operating Expenses 0.190.330.530.650.920.250.622.280.610.50
Manufacturing Costs0.020.020.020.020.020.020.020.020.020.02
Material Costs0.110.210.400.500.800.100.392.100.400.34
Employee Cost 0.020.020.030.040.020.030.050.050.040.04
Other Costs 0.050.080.080.090.080.100.150.100.140.11
Operating Profit -0.08-0.12-0.13-0.15-0.12-0.15-0.21-0.14-0.20-0.16
Operating Profit Margin (%) -74.0%-53.6%-32.5%-29.2%-14.9%-145.0%-52.6%-6.6%-47.9%-46.8%
Other Income 0.320.290.170.100.300.280.230.050.030.03
Interest 00000.01000.010.010.01
Depreciation 0.060.150.110.090.090.090.090.070.070.06
Exceptional Items -0.02-0.0200000000
Profit Before Tax 0.150.01-0.06-0.140.080.04-0.07-0.17-0.24-0.20
Tax -0.02-0.03000.02-0.01-0.01000.01
Profit After Tax 0.170.04-0.06-0.140.070.05-0.06-0.17-0.24-0.21
PAT Margin (%) 153.7%16.7%-15.7%-27.8%8.4%48.4%-16.1%-7.8%-58.1%-60.8%
Adjusted EPS (₹)0.40.1-0.2-0.30.20.1-0.2-0.4-0.6-0.5
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 6.116.156.095.956.016.0665.835.595.39
Share Capital 4.234.234.234.234.234.234.234.234.234.23
Reserves 1.881.921.861.721.781.831.771.601.361.16
Minority Interest0000000000
Debt0000.07000.170.020.200
Long Term Debt0000000000
Short Term Debt0000.07000.170.020.200
Trade Payables0.010.010.010.180.010.130.01000
Others Liabilities 0000.120.120.120.030.010.020.01
Total Liabilities 6.136.166.106.326.146.326.205.865.815.40

Fixed Assets

Gross Block2.582.592.590.320.320.320.320.320.320.24
Accumulated Depreciation0.250.370.470.170.200.230.260.270.280.22
Net Fixed Assets2.342.232.120.150.120.090.060.040.030.02
CWIP 0000000000
Investments 2.932.932.934.724.974.914.863.233.233.23
Inventories000000.120000
Trade Receivables0000.230.0200.14000.19
Cash Equivalents 0.100.110.040.410.630.760.710.600.600.05
Others Assets0.760.891.010.800.400.440.441.981.941.89
Total Assets 6.136.166.106.326.146.326.205.865.815.40

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.15-0.15-0.15-0.14-0.14-0.12-0.43-0.04-0.20-0.38
PBT 0.150.01-0.06-0.140.080.04-0.07-0.17-0.24-0.20
Adjustment -0.23-0.12-0.06-0.01-0.20-0.18-0.140.020.040.04
Changes in Working Capital -0.06-0.03-0.020.01-0.030.02-0.220.1-0.01-0.21
Tax Paid 000000000-0.01
Cash Flow From Investing Activity 0.190.160.080.510.370.250.220.090.030.04
Capex 0.040.0200.09000000.02
Net Investments 0000-0.3000000
Others 0.150.140.080.420.670.250.220.090.030.02
Cash Flow From Financing Activity 0000-0.0100.17-0.150.17-0.21
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000-0.0100-0.01-0.01-0.01
Dividend Paid 0000000000
Others 0000000.17-0.150.18-0.20
Net Cash Flow 0.040.01-0.070.370.210.13-0.05-0.110-0.55
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)2.790.59-1.02-2.331.120.81-1.08-2.84-4.19-3.79
ROCE (%)2.550.15-1.05-2.291.530.68-1.16-2.61-3.94-3.36
Asset Turnover Ratio0.020.040.060.080.130.020.060.350.070.06
PAT to CFO Conversion(x)-0.88-3.75N/AN/A-2-2.4N/AN/AN/AN/A
Working Capital Days
Receivable Days00017158012800104
Inventory Days000004250000
Payable Days372112714324964000

Omnitex Industries (India) Ltd Stock News

Omnitex Industries (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Omnitex Industries on 12-Apr-2024 09:53 is ₹181.0.
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 12-Apr-2024 09:53 the market cap of Omnitex Industries stood at ₹76.07.
The latest P/E ratio of Omnitex Industries as of 12-Apr-2024 09:53 is 46.99.
The latest P/B ratio of Omnitex Industries as of 12-Apr-2024 09:53 is 0.74.
The 52-week high of Omnitex Industries is ₹186.2 and the 52-week low is ₹45.20.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Omnitex Industries is ₹1.45 ( Cr.) .

About Omnitex Industries (India) Ltd

Omnitex Industries India was incorporated on January 30, 1987 in the state of Maharashtra with the main object of manufacturing Textured/Twisted Polyester Filament Yarn. The company has been promoted by a team of entrepreneurs having good experience in the textile industry. The Chief Promoters of the Company are Ashok M Bhawnani, and R K Shriya.

From a small beginning in 1987-88, when the company achieved the turnover of just over Rs. 3 crore, the company is hopeful of achieving its expected sales of over Rs.50 crore for the year ending 2001.

It would not be out of place to mention that knitted fabrics and garments have contributed towards its export turnover and bottom line and it is here that the company intends to further strengthen its efforts.

The company’s factories are located at Silvassa and Daman, both near Vapi. Commercial production began in December 1987, and both the factories are currently operational at optimal levels.

The company came with an IPO in November 1993, with its shares currently listed on all the major stock exchanges of India.

Product range of the company includes:

  • Garments- Product line includes Formal, Semi Formal and Casual range of Mens ShirtsBabies, Kids and Youths Wear, Mens Wear, School Uniforms and Caps. 
  • Polyester Textured Yarn
  • Knitted Fabrics: -  This unit of Omnitex offers Synthetic Knitted fabrics made on Mayer and Cie as well as Terrot knitting machines in 30”Dia 28GG as per Specific requirements

Current Buyer Countries include: USA, Canada, Germany, France, Portugal, Belgium, Japan, Sri Lanka, Peru, Nigeria, Italy, Spain, Turkey and Kenya.

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