Blue chip Tex Industries Ltd - Stock Valuation and Financial Performance

BSE: 506981 | NSE: | Textile - Manmade Fibres | Small Cap

Blue Chip Tex Inds. Share Price

175.50 -2.75 -1.54%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Blue Chip Tex Inds.

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Blue chip Tex Industries stock performance -

mw4me loader
P/E Ratio (SA):
22.05
Market Cap:
35.1 Cr.
52-wk low:
120
52-wk high:
218.5

Is Blue chip Tex Industries Ltd an attractive stock to invest in?

1. Is Blue chip Tex Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Blue chip Tex Industries Ltd is a good quality company.

2. Is Blue chip Tex Industries Ltd undervalued or overvalued?

The key valuation ratios of Blue chip Tex Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Blue chip Tex Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Blue chip Tex Industries 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 Blue Chip Tex Inds.:

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.
Blue chip Tex Industries Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 17.4%15.6%21.9%18.5%23.3%12.4%17%7%9.6%3.5%-
Value Creation
Index
0.20.10.60.30.7-0.10.2-0.5-0.3-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 71.5112138140181258222156243253255
Sales YoY Gr.-56.2%23.7%1.5%29.3%42.2%-13.9%-29.6%55.6%4%-
Adj EPS 6812.310.726.314.929.19.216.24.68.1
YoY Gr.-33.6%53.1%-12.9%146.6%-43.3%95%-68.4%76.4%-71.9%-
BVPS (₹) 25.933.143.554.178.691.2118.4125.8139140.7145.8
Adj Net
Profit
1.21.62.42.15.22.95.71.83.20.92
Cash Flow from Ops. 671.24.11.88.67.18.63.61.9-
Debt/CF from Ops. 11.37.61.511.72.72.51.93.15.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 15.1%6.9%4.4%4%
Adj EPS -3%-29.6%-46.1%-71.9%
BVPS20.7%12.4%5.9%1.3%
Share Price 29.5% 12.6% 24% 35.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
25.327.13221.939.717.627.87.512.33.35.6
Op. Profit
Mgn %
5.43.54.84.25.73.65.4431.51.9
Net Profit
Mgn %
1.71.41.81.52.91.12.61.21.30.40.6
Debt to
Equity
1.21.410.61.41.30.80.70.40.4-
Working Cap
Days
2432404446373954333118
Cash Conv.
Cycle
8-5-7-4312202917217

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 5.60%

Sales growth has been subdued in last 3 years 4.44%

Net Profit has been subdued in last 3 years -46.09%

Sales growth is not so good in last 4 quarters at -0.31%

Latest Financials - Blue chip Tex Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 8.1 -
TTM Sales (₹ Cr.) 255 -
BVPS (₹.) 145.8 -
Reserves (₹ Cr.) 27 -
P/BV 1.22 -
PE 22.05 -
From the Market
52 Week Low / High (₹) 120.00 / 218.50
All Time Low / High (₹) 1.10 / 283.45
Market Cap (₹ Cr.) 35.1
Equity (₹ Cr.) 2
Face Value (₹) 10
Industry PE 30.1

Management X-Ray of Blue Chip Tex Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *31.330.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Blue Chip Tex Inds.

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
Sales71.45111.57137.99140.03181.12257.55221.85156.23243.08252.72
Operating Expenses 67.65107.65131.40134.19170.74248.28209.90149.91235.71248.85
Manufacturing Costs5.7012.1516.7917.0918.6225.6326.1920.8226.7831.76
Material Costs60.5092.47110.12111.84144.76214.13174.80120.59199.80207.77
Employee Cost 0.561.161.872.6734.094.823.503.843.98
Other Costs 0.891.872.632.594.364.434.0955.295.35
Operating Profit 3.793.916.595.8510.379.2711.956.317.373.87
Operating Profit Margin (%) 5.3%3.5%4.8%4.2%5.7%3.6%5.4%4.0%3.0%1.5%
Other Income 0.190.330.080.130.200.260.270.230.670.50
Interest 1.080.731.691.511.522.711.841.510.940.61
Depreciation 1.151.021.261.291.642.672.772.542.652.57
Exceptional Items 0000000000
Profit Before Tax 1.762.493.723.177.424.147.612.494.451.18
Tax 0.600.781.311.072.231.251.800.681.230.27
Profit After Tax 1.161.712.412.105.182.895.821.813.220.91
PAT Margin (%) 1.6%1.5%1.7%1.5%2.9%1.1%2.6%1.2%1.3%0.4%
Adjusted EPS (₹)5.98.712.210.626.314.729.59.216.34.6
Dividend Payout Ratio (%)20%14%12%14%7%12%6%33%18%43%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 5.116.528.5810.6615.5017.9823.3424.7927.3927.73
Share Capital 1.981.981.981.981.981.981.981.981.981.98
Reserves 3.134.556.608.6813.521621.3722.8225.4125.76
Minority Interest0000000000
Debt5.017.516.884.4419.3720.5614.9514.348.837.82
Long Term Debt3.395.163.461.7215.3917.6414.959.584.382.15
Short Term Debt1.622.353.422.723.982.9204.764.455.67
Trade Payables3.0114.4611.2912.6915.1211.296.1812.016.275.48
Others Liabilities 5.634.895.755.2211.148.168.315.636.066.74
Total Liabilities 18.7633.3832.4933.0161.1157.9952.7856.7848.5547.78

Fixed Assets

Gross Block15.5618.1419.6919.9436.4940.6942.0342.5542.4942.49
Accumulated Depreciation3.903.915.176.468.1110.6413.4115.9518.5821.14
Net Fixed Assets11.6714.2314.5213.4928.3830.0528.6226.6023.9121.34
CWIP 1.080.02003.4600000
Investments 0000.420.420.420.520.430.430.42
Inventories1.453.362.703.314.257.357.2810.959.9710.22
Trade Receivables2.037.967.947.6417.3214.6914.0311.119.6911.79
Cash Equivalents 1.024.422.180.941.153.200.646.403.463.22
Others Assets1.513.405.157.226.132.281.691.291.090.79
Total Assets 18.7633.3832.4933.0161.1157.9952.7856.7848.5547.78

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 5.967.031.164.081.838.627.128.603.611.91
PBT 1.762.493.723.177.424.147.612.494.451.18
Adjustment 2.211.592.902.763.165.134.673.953.583.05
Changes in Working Capital 2.173.48-4.5-0.7-7.040.41-3.232.84-3.31-1.64
Tax Paid -0.19-0.53-0.97-1.15-1.70-1.06-1.93-0.69-1.11-0.68
Cash Flow From Investing Activity -3.93-5.63-1.30-0.43-14.69-5.81-1.580.150.180.11
Capex -0.26-4.25-1.55-0.26-14.90-5.99-1.88-0.030.070
Net Investments -3.76-1.570-0.42000000
Others 0.090.190.240.250.210.180.300.180.110.12
Cash Flow From Financing Activity -1.932-2.52-3.8811.840.25-5.25-7.72-6.47-3.58
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000-1.849.192.59-2.75-5.90-5.01-2.41
Interest Paid -0.85-0.84-1.87-1.69-1.66-2.53-2.07-1.47-0.87-0.59
Dividend Paid -0.19-0.25-0.28-0.34-0.34-0.42-0.42-0.35-0.58-0.58
Others -0.893.10-0.3704.650.600000
Net Cash Flow 0.103.40-2.67-0.22-1.033.050.301.03-2.68-1.56
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)24.7929.4831.9321.8239.6617.2828.167.5412.333.31
ROCE (%)25.5324.1532.927.4533.3417.5522.939.713.474.7
Asset Turnover Ratio3.854.284.194.283.854.334.012.854.625.25
PAT to CFO Conversion(x)5.144.110.481.940.352.981.224.751.122.1
Working Capital Days
Receivable Days10162120252324291615
Inventory Days78888812211615
Payable Days11344339352318281710

Blue chip Tex Industries Ltd Stock News

Blue chip Tex Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Blue Chip Tex Inds. on 28-Mar-2024 16:01 is ₹175.5.
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 28-Mar-2024 16:01 the market cap of Blue Chip Tex Inds. stood at ₹35.12.
The latest P/E ratio of Blue Chip Tex Inds. as of 28-Mar-2024 16:01 is 22.05.
The latest P/B ratio of Blue Chip Tex Inds. as of 28-Mar-2024 16:01 is 1.22.
The 52-week high of Blue Chip Tex Inds. is ₹218.5 and the 52-week low is ₹120.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Blue Chip Tex Inds. is ₹254.8 ( Cr.) .

About Blue chip Tex Industries Ltd

Blue Chip Tex Industries was incorporated on September 17, 1985. The company manufactures Texurised and Twisted Yarn.

The Company's Twisting Plant is located at Silvassa, in the Union Territory of Dadra & Nagar Haveli and Wind Electricity Generation Unit is located in the State of Tamilnadu.

In the last fiscal the Company continued with its own manufacturing activity and its own sale of twisted yarn. Also from the Wind Power generation units, through sale of power, the Company expects to maintain its profitability from Sales and other Income by way of Rent. Considering the market demand, by marketing Twisted Yarn to the customers, the Company expects to increase its turnover and resultant profitability.

Business area of the company:

  • The company manufactures Texurised and Twisted Yarn it is also in the Wind Power generation.
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