Birla Cotsyn (India) Ltd - Stock Valuation and Financial Performance

BSE: 533006 | NSE: BIRLACOT | Textile - Spinning | Small Cap

Birla Cotsyn (India) Share Price

0.13 0.00 0.00%
as on 01-Dec'20 18:59

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Birla Cotsyn (India) stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
34.9 Cr.
52-wk low:
0.1
52-wk high:
0.1

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

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

3. Is a good buy now?

No data found

10 Year X-Ray of Birla Cotsyn (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.

Value Creation

Value Creation Index Colour Code Guide

Mar'09Mar'10Mar'11Mar'12Jun'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
ROCE % 2.2%5.4%6.2%4.9%-20.2%-6.9%-17.9%-16.6%-31.7%-116.4%-
Value Creation
Index
-0.8-0.6-0.6-0.7-2.4-1.5NANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 19334554176027512511299.895.610397
Sales YoY Gr.-78.1%56.9%40.5%-63.8%-54.6%-9.9%-11.3%-4.1%7.6%-
Adj EPS 0000-0.4-0.3-0.4-0.3-0.3-0.3-0.4
YoY Gr.-200%33.3%-100%NANANANANANA-
BVPS (₹) 1.111.11.10.50.6-0.1-0.4-0.7-1.1-1.4
Adj Net
Profit
1.98.510.6-0.1-112-72.7-95.2-77.2-88.3-89-110
Cash Flow from Ops. -8.3-9.9-33.7-5164-3.81.11.4-2.45.3-
Debt/CF from Ops. -19-20.8-7.8-5.13.2-95.4235.3190.3-108.947.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -6.8%-17.8%-2.9%7.6%
Adj EPS -247.5%NANANA
BVPS-199.3%-215.5%NANA
Share Price 3.8% 10.2% - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'09Mar'10Mar'11Mar'12Jun'13Mar'14Mar'15Mar'16Mar'17Mar'18TTM
Return on
Equity %
1.53.83.7-0.1-56.5-34.8-173.4125.161.838.633.7
Op. Profit
Mgn %
3.68.19.66.9-26-15.5-2.7-1.9-11.40.4-2
Net Profit
Mgn %
12.52-0-40.7-58.3-84.6-77.4-92.3-86.4-114.2
Debt to
Equity
10.810.91.52.2-8-2.4-1.3-0.9-
Working Cap
Days
1281091602154601,23886879582676938
Cash Conv.
Cycle
2946575474-19-27-18-19-23-1,079

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Birla Cotsyn (India) Ltd.

Standalone Consolidated
TTM EPS (₹) -0.4 -0.3
TTM Sales (₹ Cr.) 96.5 103
BVPS (₹.) -1.4 -1
Reserves (₹ Cr.) -640 -532
P/BV -0.09 -0.13
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.13 / 0.13
All Time Low / High (₹) 0.03 / 1.46
Market Cap (₹ Cr.) 34.9
Equity (₹ Cr.) 268.7
Face Value (₹) 1
Industry PE 29.8

Management X-Ray of Birla Cotsyn (India):

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *37.310.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Birla Cotsyn (India)

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Jun'13Mar'14Mar'15Mar'16Mar'17Mar'18
Sales193.47344.65540.62759.64343.6993.63112.4599.7595.63102.94
Operating Expenses 186.56318.24488.98706.91433.19108.17115.43101.60106.55102.56
Manufacturing Costs13.9223.8725.2529.9836.0413.5517.4216.6913.3913.39
Material Costs156.89269.69431.74644.37283.3072.3882.2367.1371.6575.20
Employee Cost 9.7713.8216.6717.3619.076.738.467.676.966.78
Other Costs 5.9710.8615.3215.2094.7815.527.3110.1214.567.19
Operating Profit 6.9126.4151.6452.73-89.50-14.55-2.98-1.84-10.930.38
Operating Profit Margin (%) 3.6%7.7%9.6%6.9%-26.0%-15.5%-2.6%-1.8%-11.4%0.4%
Other Income 6.519.571.465.514.493.984.990.949.7410.71
Interest 4.9919.2930.7839.6853.5636.4753.4662.5673.4286.41
Depreciation 5.125.158.349.6312.407.5213.7313.7613.6613.62
Exceptional Items 000.131.0900-98.94000
Profit Before Tax 3.3111.5414.1010.02-150.97-54.55-164.12-77.22-88.27-88.94
Tax 1.1943.308.09-11.2700.29000
Profit After Tax 2.127.5510.801.93-139.69-54.55-164.41-77.22-88.27-88.94
PAT Margin (%) 1.1%2.2%2.0%0.3%-40.6%-58.3%-146.0%-77.4%-92.3%-86.4%
Adjusted EPS (₹)0.00.00.00.0-0.5-0.2-0.6-0.3-0.3-0.3
Dividend Payout Ratio (%)55%127%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Jun'13Mar'14Mar'15Mar'16Mar'17Mar'18

Equity and Liabilities

Shareholders Fund 172.05280.51292.16315.94179.45134.45-24.68-98.80-187.06-274.21
Share Capital 116.60213.49261.23266.86266.86266.86266.86266.86266.86268.66
Reserves 55.4567.0230.9349.07-87.41-132.41-291.54-365.66-453.93-542.87
Minority Interest0000000000
Debt157.27204.43241.44234.31213.99227.88164.75160.58160.47155.71
Long Term Debt157.27204.4395.6479.8555.9256.770.01000
Short Term Debt00145.80154.45158.08171.11164.75160.58160.47155.71
Trade Payables25.5921.9977.68147.7429.4324.9814.9916.3016.1014.18
Others Liabilities 13.8129.6141.1154.9797.91117.61236.99300.15374.19455.07
Total Liabilities 368.71536.55652.38752.96520.79504.92392.06378.23363.69350.75

Fixed Assets

Gross Block157.95182.82212.09215.18217.62217.84234.13234.80234.98234.86
Accumulated Depreciation8.3313.4721.7931.3943.7251.2465.0678.8292.48105.97
Net Fixed Assets149.62169.34190.30183.79173.90166.60169.07155.98142.50128.89
CWIP 134.09124.457.5217.9019.9520.160000
Investments 0.020.020.160.180.150.110.110.110.110.11
Inventories18.5920.2465.4336.7215.4211.478.6010.057.927.37
Trade Receivables27.3272.02119.40247.7713.160.450.180.270.220.17
Cash Equivalents 2.69119.02101.403.756.742.763.656.653.875.14
Others Assets36.3831.46168.17262.86291.48303.39210.44205.17209.07209.07
Total Assets 368.71536.55652.38752.96520.79504.92392.06378.23363.69350.75

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Jun'13Mar'14Mar'15Mar'16Mar'17Mar'18
Cash Flow From Operating Activity -8.28-9.85-33.68-51.0380-2.831.131.36-2.385.29
PBT 3.3111.5414.1010.02-150.97-54.55-164.12-77.22-88.27-88.94
Adjustment 1.3417.1937.3945.9762.1049.55163.8379.1086.9192.59
Changes in Working Capital -12.48-38.45-82.35-104.59168.872.171.71-0.52-1.031.65
Tax Paid -0.45-0.13-2.83-2.4200-0.29000
Cash Flow From Investing Activity -158.52-15.14-6.33-12.10-10.09-3.384.755.68-0.30-0.91
Capex -168.35-15.22-6.52-12.87-11.50-0.43-0.76-0.66-0.190.02
Net Investments -0.010-0.14-0.020.030.040000
Others 9.840.080.330.781.38-2.995.516.34-0.11-0.93
Cash Flow From Financing Activity 162.75141.3322.19-34.50-66.922.23-6.37-4.05-0.10-3.11
Net Proceeds from Shares 66.34112.847.284.7810.0700000
Net Proceeds from Borrowing 72.8100000-4.12-0.0100
Interest Paid -9.79-16.04-30.53-39.88-52.81-0.0800.130-0.14
Dividend Paid -0.80-1.36-10-0.02000000
Others 34.1945.8955.430.62-24.182.31-2.25-4.17-0.10-2.97
Net Cash Flow -4.05116.33-17.81-97.632.99-3.98-0.493-2.781.27
PARTICULARSMar'09Mar'10Mar'11Mar'12Jun'13Mar'14Mar'15Mar'16Mar'17Mar'18
Ratios
ROE (%)2.363.5840.67-59.42-36.81N/AN/AN/AN/A
ROCE (%)3.677.878.899.03-19.67-4.38N/AN/AN/AN/A
Asset Turnover Ratio0.70.760.911.080.540.180.250.260.260.29
PAT to CFO Conversion(x)-3.91-1.3-3.12-26.44N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days38536588139271111
Inventory Days27212924285233343427
Payable Days4432426411413789858373

Birla Cotsyn (India) Ltd Stock News

Birla Cotsyn (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Birla Cotsyn (India) on 01-Dec-2020 18:59 is ₹0.13.
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 01-Dec-2020 18:59 the market cap of Birla Cotsyn (India) stood at ₹34.93.
The latest P/E ratio of Birla Cotsyn (India) as of 01-Dec-2020 18:59 is 0.00.
The latest P/B ratio of Birla Cotsyn (India) as of 01-Dec-2020 18:59 is -0.09.
The 52-week high of Birla Cotsyn (India) is ₹0.13 and the 52-week low is ₹0.13.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Birla Cotsyn (India) is ₹96.50 ( Cr.) .

About Birla Cotsyn (India) Ltd

Birla Cotsyn (India) Ltd was incorporated on September 24, 1941 under the name and style of Jamod Ginning Company Private Ltd. Renamed on October 8,1998 as Birla Agro Private Ltd and subsequently changed to Birla Cotsyn (India) Private Ltd on  December 9, 2005. The company was converted into a public limited company and the name was changed to Birla Cotsyn (India) Limited on May 30, 2006.

Birla Cotsyn a flagship of the Yash Birla Group, one of the largest industrial conglomerates in India started its operation in 1932. The Sprawling unit is located at Khamgaon (M.S) in the industrial belt of Central India. Birla Cotsyn (India) is having synthetic blended ring spun yarn manufacturing facility with state of art machineries at Khamgaon.

The company has excellent sales network in India and abroad for grey and dyed solid griddles, fancy, industrial knitting and sewing ring spun yarns in various blends and count range from NE 8s to 60s.

The Yash Birla group promoted Birla Cotsyn India (BCIL) has 50:50 joint venture with the P.B.Bhardwaj  Chairman Sunflag Group. In the first phase, the Rs. 315 core integrated textile complex will manufacture open end, rotor based cotton yarn with an installed capacity of 1728 rotors. It will have 114 looms to weave fabric.

Having acquired 100 acres of land at MIDC, Malkapur, they are expanding current capacities from 21000 spindles to 36,000 spindles. With a proposed 1728 rotors and 114 looms, their capacity is bound to rise to 50,000 meters per day.

The company was earlier engaged in cotton ginning, pressing and oil expelling and after the acquisition of assets of Khamgaon Syntex (I) Ltd at MIDC, Khamgaon with a spindle capacity of 18,304 spindles, with effect from August 2006, has entered into manufacturing of synthetic yarn.

Product range of the company includes:

The company produces high quality synthetic, blended ring spun yarns for usage in woven and knitted fabrics, textiles, blankets, towels, upholstery, furnishings, curtains, bed sheets, made-up and industrial fabrics.

  • Synthetic Yarns
  • Cotton Yarns

Milestones:

  • Sep 1941- Incorporated by Mr. R.D. Birla under the name style of M/s Jamod Ginning Company Pvt. Ltd.
  • Oct 1998- Renamed as M/S. Birla Agro Pvt. Ltd.
  • Dec 2004 -Change in Object clause to include the business of manufacturing / importing / exporting all kinds of yarns, carpets, fabric materials and agro chemicals
  • Dec 2005 -Name Changed to Birla Cotsyn (India) Pvt. Ltd.
  • Mar2006- Name changed to Birla Cotsyn (India) Limited pursuant to conversion into public limited company.
  • Mar2006 -Change of registered office from Queen’ s Mansion, Fort, Mumbai – 400 001 to Dalamal House, 1st Floor, Nariman Point, Mumbai – 400 020.
  • May 2006- Coverted into public limited company and name modified into Birla Cotsyn (India) Ltd
  • Aug 2006- Acquired the business of Khamgaon Syntex (I) Ltd., a wholly owned subsidiary of Zenith Ltd, one of the group companies.
  • Dec 2006 -Entered in to a joint venture agreement with P .B. Bharadwaj Group whereby the promoters’ equity will be shared in the ratio of 50:50 between YBG and PBG.
  • April 2007-Change in Object clause to include the business of extracting/ processing and refining oil from cotton and other seeds
  • May,2007- Mega Project status accorded by Government of Maharashtra
  • Aug, 2007- Bhoomi Pujan at Malkapur and Khamgoan for the proposed project
  • Mar, 2008-Commencement of the commercial production of the open end unit and the cotton spinning unit

Achievements/ recognition:

  • The state government has conferred the ‘mega project status’ to the. 50:50 Joint venture project with the P.B.Bhardwaj  Chairman Sunflag Group.
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