Surat Textile Mills Ltd Stock Analysis

BSE: 530185 | NSE: | Textile - Manmade Fibres | Small Cap

BSE Share Price 02-Dec-2022 18:01
10.02 0.02 (0.20%)

DeciZen - Make an Informed Decision on Surat Textile Mills

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Surat Textile Mills Price Chart

P/E Ratio (SA) :
303.24
Market Cap :
300.2 Cr.
52-wk low :
8.5
52-wk high :
34.2
Bole Toh?

1. Is Surat Textile Mills Ltd a good quality company?

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

2. Is Surat Textile Mills Ltd undervalued or overvalued?

The key valuation ratios of Surat Textile Mills Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Surat Textile Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Surat Textile Mills 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 Surat Textile Mills:

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.
Surat Textile Mills 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 15%2.6%2.9%9.8%15.6%7.1%10.1%5.2%-0.1%0.6%-
Value Creation Index 0.1-0.8-0.8-0.30.1-0.5-0.3-0.6-1.0-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 218182128117139201216180001
YoY Gr. Rt. %--16.7%-29.7%-8.1%18.3%44.5%7.9%-16.7%-100%NA-
Adj EPS 0.50.10.10.40.70.30.50.3-000
YoY Gr. Rt. %--89.8%80%288.9%88.6%-51.5%56.3%-48%-103.9%NA-
BVPS (₹) 3.53.53.63.94.75.15.45.66.266.8
Adj Net Profit 111.227.814.7711.15.8-0.20.81
Cash Flow from Ops. 17.6-17.72.220.2-0.226.65.2-1.4-10.5-7.6-
Debt/CF from Ops. 0-0.30.70.1-3.50.10000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS -26.7%-46.1%-60.9%NA
BVPS 6.45.23.4-3.2
Share Price 19% 13% 110.8% 11.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 151.52.59.415.56.59.54.7-0.20.60.5
Op. Profit Mgn % 91.72.67.49.46.843.900-129.7
Net Profit Mgn % 50.61.56.710.63.55.13.20074.9
Debt to Equity 00.1000000000
Working Cap Days 9513919618014110796103000
Cash Conv. Cycle 527513613982332217000

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 0.50%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years -60.85%

Sales growth is not so good in last 4 quarters at -49.30%

Latest Financials - Surat Textile Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 0 0.6
TTM Sales (₹ Cr.) 1.2 157
BVPS (₹.) 6.8 0
Reserves (₹ Cr.) 173 81
P/BV 1.48 0.00
PE 303.24 18.11
From the Market
52 Week Low / High (₹) 8.51 / 34.15
All Time Low / High (₹) 0.50 / 34.15
Market Cap (₹ Cr.) 300
Equity (₹ Cr.) 30
Face Value (₹) 1
Industry PE 7.1

Management X-Ray of Surat Textile Mills :

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 Surat Textile Mills

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Surat Textile Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Surat Textile Mills on 02-Dec-2022 18:01 is : 10.02.
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 02-Dec-2022 18:01 the market cap of Surat Textile Mills stood at ₹ 300.2.
The latest PE ratio of Surat Textile Mills as of 02-Dec-2022 18:01 is 303.2.
The latest PB ratio of Surat Textile Mills as of 02-Dec-2022 18:01 is 1.48
The 52-week high of Surat Textile Mills is ₹ 34.15 and the 52-week low is ₹ 8.51.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Surat Textile Mills is ₹ 1.20 ( Cr.) .

About Surat Textile Mills Ltd

Surat Textile Mills was incorporated in 1945. The registered office of the company is situated at Garden Mills Complex,Sahara Gate, Surat,Gujarat-395010.

Business area of the company

The company’s principal activity is to manufacture yarn and polyester chips.

Products of the company

  • Cotton yarn
  • Synthetic filament yarn
  • Polyester chips.

History

  • 2003- The company was ranked 491st in Business Barons- Global Data Services of India’s list of India’s 500 most outstanding companies.
  • 2003- The company had ranked 888th in the 12th Business Today list of India’s most valuable private sector companies.
  • 2004- The company had received a composite score of 11 out of a possible 15 in Industry 2.0’s SCM Metrics study.
  • 2005- The company had re-appointed MR Momaya as director of the company and also appointed MR Momaya as the managing director of the company for a period of 5 years.
  • 2007- S M Vig was reappointed as the director of the company.
  • 2008- The board for industrial and financial reconstruction (BIFR) has approved the draft rehabilitation scheme (DRS) forwarded by Industrial Development Bank of India (IDBI), the operating agency (OA).
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