Betex India Ltd - Stock Valuation and Financial Performance

BSE: 512477 | NSE: | Textile - Manmade Fibres | Small Cap

Betex India Ltd Share Price

303.10 -15.95 -5.00%
as on 23-Feb'24 16:59

DeciZen - make an informed investing decision on Betex India

M-Cap below 100cr DeciZen not available

Betex India stock performance -

mw4me loader
P/E Ratio (SA):
9.52
Market Cap:
45.5 Cr.
52-wk low:
58.5
52-wk high:
353.5

Is Betex India Ltd an attractive stock to invest in?

1. Is Betex India Ltd a good quality company?

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

2. Is Betex India Ltd undervalued or overvalued?

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

3. Is Betex India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Betex 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 Betex India:

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.
Betex 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 % 6.3%6.1%4.9%5%4.2%2.8%1.5%6.8%1.6%11.3%-
Value Creation
Index
-0.6-0.6-0.7-0.6-0.7-0.8-0.9-0.5-0.9-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 394456.557.951.346.456.848.757.474.689
Sales YoY Gr.-12.7%28.4%2.5%-11.5%-9.5%22.4%-14.3%17.9%30%-
Adj EPS 8.38.45.87.46.15.42.813.82.72131.8
YoY Gr.-1.3%-30.8%26.4%-18%-10.7%-48.3%393.2%-80.2%667.4%-
BVPS (₹) 112.6121.3128.3135.8141.9148.4151.3165167.7188.8201.9
Adj Net
Profit
1.31.30.91.10.90.80.42.10.43.15
Cash Flow from Ops. 2.42.9-1.85.2-1.83.73.15.11.89.8-
Debt/CF from Ops. 5.15.1-10.53-9.13.53.6120.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.5%7.8%9.5%30%
Adj EPS 10.8%28.2%95.8%667.4%
BVPS5.9%5.9%7.7%12.6%
Share Price 12.9% 64.7% 98.2% 312.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
7.474.65.54.33.61.88.51.611.516.3
Op. Profit
Mgn %
8.87.36.36.25.54.62.57.50.66.98.7
Net Profit
Mgn %
3.22.91.61.91.81.80.74.20.74.25.3
Debt to
Equity
0.70.810.80.80.60.50.20.10.1-
Working Cap
Days
19318417820423426222727521215367
Cash Conv.
Cycle
3936425866674210101729

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 16.30%

Net Profit is growing at healthy rate in last 3 years 95.82%

Sales growth is good in last 4 quarters at 31.60%

Sales growth has been subdued in last 3 years 9.53%

Latest Financials - Betex India Ltd.

Standalone Consolidated
TTM EPS (₹) 31.8 -
TTM Sales (₹ Cr.) 89.4 -
BVPS (₹.) 201.9 -
Reserves (₹ Cr.) 29 -
P/BV 1.50 -
PE 9.52 -
From the Market
52 Week Low / High (₹) 58.46 / 353.45
All Time Low / High (₹) 9.50 / 353.45
Market Cap (₹ Cr.) 45.5
Equity (₹ Cr.) 1.5
Face Value (₹) 10
Industry PE 34.7

Management X-Ray of Betex India:

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 Betex India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

Betex India Ltd Stock News

Betex India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Betex India on 23-Feb-2024 16:59 is ₹303.1.
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 23-Feb-2024 16:59 the market cap of Betex India stood at ₹45.47.
The latest P/E ratio of Betex India as of 23-Feb-2024 16:59 is 9.52.
The latest P/B ratio of Betex India as of 23-Feb-2024 16:59 is 1.50.
The 52-week high of Betex India is ₹353.4 and the 52-week low is ₹58.46.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Betex India is ₹89.37 ( Cr.) .

About Betex India Ltd

Betex India is engaged in the textile processing business. The company was incorporated in 1987. The registered office is located at 436, GIDC, Pandesara, Surat-394221, Gujarat.

The company, however, has been suspended from the BSE.

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