Surat Textile Mills Ltd Stock Analysis

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

BSE Share Price Jan 25, 18:01
24.50 -1.25 (-4.85%)

DeciZen - Make an Informed Decision on Surat Textile Mills

Overall Rating
See How?

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

FAQ's

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

Data is not available for this 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 Overvalued zone.

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

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Surat Textile Mills Ltd is likely to Rise-somewhat 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.

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 2.8%15%2.6%2.9%9.8%15.6%7.1%10.1%5.2%9.5%-
Value Creation Index -0.80.1-0.8-0.8-0.30.1-0.5-0.3-0.6-0.3-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 188218182128117139201216180131116
YoY Gr. Rt. %-15.6%-16.7%-29.7%-8.1%18.3%44.5%7.9%-16.7%-27.3%-
Adj EPS 00.50.10.10.40.70.30.50.30.60.4
YoY Gr. Rt. %-4800%-89.8%80%288.9%88.6%-51.5%56.3%-48%115.4%-
BVPS (₹) 3.13.53.53.63.94.75.15.45.66.26
Adj Net Profit 0.1111.227.814.7711.15.812.49
Cash Flow from Ops. 5.217.6-17.72.220.2-0.226.65.2-1.45.3-
Debt/CF from Ops. 0.20-0.30.70.1-3.50.1000-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -4%2.3%-13.2%-27.3%
Adj EPS 56.4%9.9%20.5%115.4%
BVPS 89.77.210.7
Share Price 34.2% 44.1% 97.1% 526.6%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 0.2151.52.59.415.56.59.54.79.46.7
Op. Profit Mgn % 1.691.72.67.49.46.843.910.18.7
Net Profit Mgn % 0.150.61.56.710.63.55.13.29.47.8
Debt to Equity 000.100000000
Working Cap Days 9495139196180141107961031335,084
Cash Conv. Cycle 75527513613982332217234,954

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 20.51%

Return on Equity has declined versus last 3 years average to 6.70%

Sales growth has been subdued in last 3 years -13.20%

Sales growth is not so good in last 4 quarters at 5.34%

Latest Financials - Surat Textile Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 0.4 0.8
TTM Sales (₹ Cr.) 116 157
BVPS (₹.) 6 0
Reserves (₹ Cr.) 112 81
P/BV 4.06 0.00
PE 59.09 32.72
From the Market
52 Week Low / High (₹) 3.11 / 34.15
All Time Low / High (₹) 0.50 / 34.15
Market Cap (₹ Cr.) 544
Equity (₹ Cr.) 22.2
Face Value (₹) 1
Industry PE 11.4

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

Analyst's Notes

News

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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