Aditya Spinners Ltd - Stock Valuation and Financial Performance

BSE: 521141 | NSE: ADITYASPIN | Textile - Spinning | Small Cap

Aditya Spinners Share Price

25.84 0.12 0.47%
as on 11-Oct'24 16:01

DeciZen - make an informed investing decision on Aditya Spinners

M-Cap below 100cr DeciZen not available

Aditya Spinners stock performance -

mw4me loader
P/E Ratio (SA):
45.11
Market Cap:
43.3 Cr.
52-wk low:
17.4
52-wk high:
32

Is Aditya Spinners Ltd an attractive stock to invest in?

1. Is Aditya Spinners Ltd a good quality company?

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

2. Is Aditya Spinners Ltd undervalued or overvalued?

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

3. Is Aditya Spinners Ltd a good buy now?

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

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.
Aditya Spinners 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 12.6%10.9%9.4%8.1%8.5%7.9%2.8%11%9.3%5.3%-
Value Creation
Index
-0.1-0.2-0.3-0.4-0.4-0.4-0.8-0.2-0.3-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 44.847.453.554.160.95733.46468.961.361
Sales YoY Gr.-5.9%12.9%1.2%12.4%-6.4%-41.4%91.6%7.6%-11.1%-
Adj EPS 0.70.80.400.53.3-0.321.31.10.6
YoY Gr.-7.1%-45.3%-95.1%2600%507.4%-107.9%NA-35%-15.9%-
BVPS (₹) 5.86.5777.51615.617.52829.328.9
Adj Net
Profit
1.21.30.700.95.5-0.43.42.21.91
Cash Flow from Ops. 1.32.53.534.35.42.765.78.8-
Debt/CF from Ops. 5.45.25.15.94.23.77.73.43.71.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.6%0.1%22.4%-11.1%
Adj EPS 5.3%15.5%NA-15.9%
BVPS19.8%31.1%23.4%4.4%
Share Price - 48.2% 25.2% 2.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
8.873.90.2626.1-1.612.35.83.92
Op. Profit
Mgn %
5.46.67.27.66.17.47.910.810.47.25.5
Net Profit
Mgn %
2.62.71.30.11.59.6-1.35.33.231.6
Debt to
Equity
0.71.21.51.51.40.80.80.70.50.3-
Working Cap
Days
60626771636711062677429
Cash Conv.
Cycle
37404247444576403438-8

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 22.40%

Return on Equity has declined versus last 3 years average to 2.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -9.63%

Latest Financials - Aditya Spinners Ltd.

Standalone Consolidated
TTM EPS (₹) 0.6 -
TTM Sales (₹ Cr.) 60.6 -
BVPS (₹.) 28.9 -
Reserves (₹ Cr.) 32 -
P/BV 0.89 -
PE 45.11 -
From the Market
52 Week Low / High (₹) 17.35 / 32.00
All Time Low / High (₹) 0.10 / 32.00
Market Cap (₹ Cr.) 43.3
Equity (₹ Cr.) 16.7
Face Value (₹) 10
Industry PE 27.4

Management X-Ray of Aditya Spinners:

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 Aditya Spinners

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales44.7547.4053.4954.1460.8756.9733.4164.0168.8961.26
Operating Expenses 42.3444.2849.6750.0357.1852.7630.7957.1361.7256.84
Manufacturing Costs10.2211.3611.7911.4712.3512.398.1113.0715.0113.93
Material Costs21.0221.1025.2625.4831.4725.7613.5928.9730.9528.45
Employee Cost 6.577.128.449.129.4210.436.4711.1210.8210.68
Other Costs 4.534.704.193.973.944.182.633.984.943.78
Operating Profit 2.413.123.824.113.694.202.626.887.184.42
Operating Profit Margin (%) 5.4%6.6%7.1%7.6%6.1%7.4%7.8%10.7%10.4%7.2%
Other Income 0.380.180.090.070.510.650.560.420.581.66
Interest 0.810.891.702.251.871.991.821.801.641.62
Depreciation 0.801.091.391.801.621.781.882.022.282.59
Exceptional Items 0000000000
Profit Before Tax 1.181.320.810.130.701.08-0.523.483.841.87
Tax 0.010.060.140.09-0.21-4.55-0.100.081.630.01
Profit After Tax 1.171.260.670.040.915.63-0.423.402.211.86
PAT Margin (%) 2.6%2.7%1.3%0.1%1.5%9.9%-1.3%5.3%3.2%3.0%
Adjusted EPS (₹)0.70.80.40.00.53.4-0.32.01.31.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 18.1817.831715.4314.7427.3526.0629.2246.9048.96
Share Capital 16.7416.7416.7416.7416.7416.7416.7416.7416.7416.74
Reserves 1.441.090.26-1.31-210.619.3212.4830.1632.22
Minority Interest0000000000
Debt6.3913.1517.3516.5217.0219.0918.6217.5217.1913.67
Long Term Debt3.399.4613.8812.4912.5014.2713.8812.8012.668.30
Short Term Debt33.693.484.034.524.824.744.724.535.36
Trade Payables0.390.430.570.620.641.030.800.681.170.86
Others Liabilities 2.202.873.535.4450.710.833.777.504.09
Total Liabilities 27.1734.2838.4538.0237.4048.1846.3151.2072.7667.59

Fixed Assets

Gross Block52.9758.8364.6870.5572.6786.8587.3387.46114.92115.76
Accumulated Depreciation33.8136.5039.4742.8846.1148.8151.4153.7056.2459.09
Net Fixed Assets19.1722.3325.2027.6726.5638.0435.9233.7658.6856.67
CWIP 0.191.822.360.140005.8500
Investments 0000000000
Inventories2.772.873.594.893.653.974.974.234.926.03
Trade Receivables2.303.463.343.254.373.872.943.682.141.70
Cash Equivalents 0.501.410.080.080.070.160.150.120.140.14
Others Assets2.242.383.881.992.752.152.333.566.873.04
Total Assets 27.1734.2838.4538.0237.4048.1846.3151.2072.7667.59

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1.272.543.463.024.325.412.666.015.688.83
PBT 1.181.320.810.130.701.08-0.523.483.841.87
Adjustment 1.611.983.104.053.493.773.703.823.834.10
Changes in Working Capital -1.52-0.76-0.45-1.160.130.56-0.51-1.29-1.992.86
Tax Paid 0000000000
Cash Flow From Investing Activity -2.57-7.49-8.13-1.76-2.73-5.75-0.63-5.98-5.71-0.73
Capex -2.57-7.49-6.42-3.65-1.98-6.29-0.63-0.13-5.81-0.84
Net Investments 0000000000
Others 00-1.711.89-0.760.550-5.850.090.11
Cash Flow From Financing Activity -0.955.863.34-1.26-1.590.35-2.05-0.070.05-8.09
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0.126.065.29-0.780.182.19-1.070.590.12-4.96
Interest Paid -0.81-0.89-1.70-2.25-1.87-1.99-1.82-1.80-1.64-1.62
Dividend Paid 0000000000
Others -0.020.69-0.241.780.100.150.831.141.57-1.51
Net Cash Flow -2.250.91-1.330-0.010.01-0.01-0.040.020
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)12.9712.295.950.317.4828.53-1.612.315.813.87
ROCE (%)12.5610.899.48.078.527.892.7710.969.325.26
Asset Turnover Ratio1.931.541.471.421.611.330.711.311.110.87
PAT to CFO Conversion(x)1.092.025.1675.54.750.96N/A1.772.574.75
Working Capital Days
Receivable Days21222322232637191511
Inventory Days22222229262449262433
Payable Days137797122491113

Aditya Spinners Ltd Stock News

Aditya Spinners Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Aditya Spinners on 11-Oct-2024 16:01 is ₹25.84.
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 11-Oct-2024 16:01 the market cap of Aditya Spinners stood at ₹43.26.
The latest P/E ratio of Aditya Spinners as of 11-Oct-2024 16:01 is 45.11.
The latest P/B ratio of Aditya Spinners as of 11-Oct-2024 16:01 is 0.89.
The 52-week high of Aditya Spinners is ₹32.00 and the 52-week low is ₹17.35.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aditya Spinners is ₹60.58 ( Cr.) .

About Aditya Spinners Ltd

Aditya Spinners was incorporated in 1991. The company is engaged in the business of manufacturing and marketing of polyester and viscose blended yarn, 100% viscose yarn and 100% polyester yarn. The registered office and factory of the company are located at Perindesam village, Chittoor district in Andhra Pradesh.

Installed capacity of the company is 15,360 ring spindles to produce polyester / viscose blended yarn. The licensed capacity of the company is 25,000 spindles. The company started exports in 1995-96 and to promote this activity it is now going in for the ISO 9000 accreditation. The export market is steadily improving and the company is getting good orders with better realizations and hopes to do better in the export market.

The company has submitted a revival proposal to IDBI which includes financial restructuring, expansion, modernization and line balancing

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