Super Fine Knitters Ltd - Stock Valuation and Financial Performance

BSE: 540269 | NSE: | Textile | Small Cap

Super Fine Knitters Share Price

12.73 0.60 4.95%
as on 18-Apr'24 16:01

DeciZen - make an informed investing decision on Super Fine Knitters

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Super Fine Knitters stock performance -

mw4me loader
P/E Ratio (SA):
292.64
Market Cap:
15 Cr.
52-wk low:
8.8
52-wk high:
15.4

Is Super Fine Knitters Ltd an attractive stock to invest in?

1. Is Super Fine Knitters Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Super Fine Knitters Ltd is a below average quality company.

2. Is Super Fine Knitters Ltd undervalued or overvalued?

The key valuation ratios of Super Fine Knitters Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Super Fine Knitters Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Super Fine Knitters 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 Super Fine Knitters:

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.
Super Fine Knitters 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 % 6.3%6.8%6%5.8%4.6%5.5%5.4%1.2%-1.7%2%-
Value Creation
Index
-0.6-0.5-0.6-0.6-0.7-0.6-0.6-0.9-1.1-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 70.675.984.785.890.292.291.945.954.727.928
Sales YoY Gr.-7.5%11.6%1.3%5.1%2.2%-0.3%-50.1%19.1%-49.1%-
Adj EPS 0.10.90.70.90.70.91-1.1-2.10.10
YoY Gr.-780%-23.9%28.4%-22.1%37.3%6.5%-214.3%NANA-
BVPS (₹) 20.220.921.722.119.320.22119.918.318.418.4
Adj Net
Profit
0.10.70.50.80.81.21.2-1.4-2.60.10
Cash Flow from Ops. 2.13.51.7-3.13.53.51.2-2.317.72-
Debt/CF from Ops. 8.55.212.5-7.888.726.9-17.90.75.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -9.8%-20.9%-32.8%-49.1%
Adj EPS -5.5%-38.3%-60.6%NA
BVPS-1%-1%-4.4%0.2%
Share Price - 9.5% 21.5% -17.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.5433.73.54.74.8-5.5-110.30.2
Op. Profit
Mgn %
6.85.45.25.45.36.16.26.90.88.55.5
Net Profit
Mgn %
0.10.90.60.90.91.21.3-3-4.80.30.2
Debt to
Equity
1.111.211.21.21.31.60.60.50.5
Working Cap
Days
16115615418218518720141628641557
Cash Conv.
Cycle
859410312214014715834023134515

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.20%

Debt to equity has declined versus last 3 years average to 0.53

Sales growth has been subdued in last 3 years -32.83%

Net Profit has been subdued in last 3 years -60.59%

Sales growth is not so good in last 4 quarters at -2.51%

Latest Financials - Super Fine Knitters Ltd.

Standalone Consolidated
TTM EPS (₹) 0 -
TTM Sales (₹ Cr.) 27.9 -
BVPS (₹.) 18.4 -
Reserves (₹ Cr.) 10 -
P/BV 0.66 -
PE 292.64 -
From the Market
52 Week Low / High (₹) 8.80 / 15.40
All Time Low / High (₹) 3.19 / 19.40
Market Cap (₹ Cr.) 15
Equity (₹ Cr.) 12.4
Face Value (₹) 10
Industry PE 28.5

Management X-Ray of Super Fine Knitters:

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 Super Fine Knitters

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
Sales70.5975.9084.6785.7890.1792.1591.9145.9054.6827.86
Operating Expenses 65.7771.7980.2681.1485.6486.6686.2242.8354.2825.54
Manufacturing Costs6.027.0120.1417.7017.4217.7018.468.2310.658.14
Material Costs37.2040.4248.3650.5656.4655.1351.0928.6342.4615.91
Employee Cost 1.260.988.729.388.359.5613.534.450.530.50
Other Costs 21.2923.383.053.503.414.273.131.510.640.98
Operating Profit 4.824.114.404.634.535.505.693.080.402.32
Operating Profit Margin (%) 6.8%5.4%5.2%5.4%5.0%6.0%6.2%6.7%0.7%8.3%
Other Income 0.560.350.240.190.310.130.080.031.250.02
Interest 3.102.452.482.492.082.602.703.042.470.92
Depreciation 1.321.031.061.071.351.581.621.531.370.88
Exceptional Items -0.16-0.160000-0.21000
Profit Before Tax 0.800.821.111.271.401.441.24-1.47-2.190.54
Tax 0.510.230.480.470.760.350.20-0.03-0.320.49
Profit After Tax 0.300.590.630.800.641.091.05-1.44-1.870.05
PAT Margin (%) 0.4%0.8%0.7%0.9%0.7%1.2%1.1%-3.1%-3.4%0.2%
Adjusted EPS (₹)0.40.70.80.90.50.90.8-1.2-1.50.0
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 17.1817.7718.4023.2723.9125.0126.0624.6122.7422.79
Share Capital 8.998.998.9912.3912.3912.3912.3912.3912.3912.39
Reserves 8.198.789.4010.8811.5212.6213.6612.2210.3510.40
Minority Interest0000000000
Debt17.5217.2020.4923.8326.6628.7630.8735.9312.6211.84
Long Term Debt3.573.234.064.437.198.418.1410.652.846.61
Short Term Debt13.9613.9716.4319.4019.4820.3522.7225.289.785.23
Trade Payables7.85611.6711.114.846.886.844.573.371.65
Others Liabilities 4.386.244.155.759.4210.979.166.995.254.67
Total Liabilities 46.9247.2154.7063.9664.8471.6372.9372.1043.9840.95

Fixed Assets

Gross Block24.1524.6625.7028.9934.5837.6738.4938.7920.7021.18
Accumulated Depreciation10.5811.6412.7013.7714.8916.4318.0519.589.8110.66
Net Fixed Assets13.5713.0213.0115.2219.6921.2420.4419.2110.8910.52
CWIP 000.230.49000000
Investments 000.050.310.050.590.090.0200
Inventories11.0117.1820.4621.0621.7325.3831.4334.9424.7920.98
Trade Receivables17.4311.9316.5323.6820.0619.4616.9813.146.126.83
Cash Equivalents 0.961.562.781.040.390.330.510.110.050.06
Others Assets3.963.531.652.172.924.633.484.672.132.55
Total Assets 46.9247.2154.7063.9664.8471.6372.9372.1043.9840.95

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2.143.491.70-3.133.513.511.22-2.2517.652.03
PBT 0.960.981.111.271.401.441.46-1.47-2.190.54
Adjustment 3.543.243.213.283.274.124.264.522.741.80
Changes in Working Capital -1.87-0.28-2.17-7.06-0.6-1.65-4.22-5.117.1-0.31
Tax Paid -0.28-0.48-0.38-0.55-0.43-0.28-0.30000
Cash Flow From Investing Activity -0.62-0.69-1.25-3.71-5.02-3.15-0.47-0.228.03-0.55
Capex -0.71-0.75-1.32-3.81-5.09-3.18-0.50-0.2390.07
Net Investments 0000000000
Others 0.090.060.070.100.070.030.030.02-0.96-0.61
Cash Flow From Financing Activity -1.87-2.200.775.110.86-0.42-0.562.06-25.74-1.48
Net Proceeds from Shares 0.330.29-0.294.08000000
Net Proceeds from Borrowing 000.820.372.761.22-0.262.51-7.813.77
Interest Paid -2.15-2.17-2.23-2.31-1.97-2.52-2.66-3-2.43-0.90
Dividend Paid 0000000000
Others -0.05-0.322.462.970.080.882.372.55-15.50-4.35
Net Cash Flow -0.360.601.22-1.74-0.65-0.060.19-0.40-0.060.01
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.893.573.664.282.934.474.1-5.7-7.90.23
ROCE (%)10.999.179.488.6277.546.92.540.564.14
Asset Turnover Ratio1.531.611.661.451.41.351.270.630.940.66
PAT to CFO Conversion(x)7.135.922.7-3.915.483.221.16N/AN/A40.6
Working Capital Days
Receivable Days847161868978721206485
Inventory Days586881888793113264199300
Payable Days71636782523949733458

Super Fine Knitters Ltd Stock News

Super Fine Knitters Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Super Fine Knitters on 18-Apr-2024 16:01 is ₹12.73.
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 18-Apr-2024 16:01 the market cap of Super Fine Knitters stood at ₹15.03.
The latest P/E ratio of Super Fine Knitters as of 18-Apr-2024 16:01 is 292.6.
The latest P/B ratio of Super Fine Knitters as of 18-Apr-2024 16:01 is 0.66.
The 52-week high of Super Fine Knitters is ₹15.40 and the 52-week low is ₹8.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Super Fine Knitters is ₹27.86 ( Cr.) .

About Super Fine Knitters Ltd

The company started in the year 1998 as a fabric knitting unit and is now a well-known supplier of knitted fabrics and apparels to national and international brands. Its manufacturing facilities are located at (a) 269 Industrial Area A, Ludhiana, Punjab and (b) C-5, Phase-V, Focal Point, Dhandari Kalan, Ludhiana, Punjab. 

The company’s range of apparels that it manufactures for national and international brands covers all the age groups and segments such as for men’s wear, women’s wear, kids’ wear, boys & girls wear. It uses variety of knitted fabrics such as 100% cotton to cotton lycra, 100% polyester, blended (cotton and polyester), mercerized to plain, washed to over dyed and other blended fabrics in the production of apparels. Under its own brand ‘Super Star’ it manufactures knitted garments for aforesaid age groups and segments.

Business area of the company

The company is a multi-divisional textile unit engage in the business of manufacturing knitted apparels for itself as well as for national and international brands and is a well-known supplier of knitted fabrics for large companies in India involved in manufacturing and exporting knitted apparels.

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