Cheslind Textiles Ltd.- (Amalgamation) - Stock Valuation and Financial Performance

BSE: 521056 | NSE: CHESLINTEX | Textile - Spinning | Small Cap

BSE Share Price
Not Listed

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Cheslind Textiles Ltd.- (Amalgamation) stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
49.6 Cr.
52-wk low:
10.6
52-wk high:
11.3

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?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Cheslind Textiles:

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'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Sep'12Mar'13Mar'14TTM
ROCE % 2.1%5.6%2.3%0.5%-14.2%3.1%15.1%-14.7%8.7%11.5%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 13812612498.8117133185166207261255
Sales YoY Gr.--8.1%-1.6%-20.6%18.2%13.8%39.4%-10.3%24.8%25.7%-
Adj EPS -0.51.5-0.5-1.8-11.5-1.45.1-4.52.10.5-3
YoY Gr.-NA-135.3%NANANANA-189.3%NA-74.9%-
BVPS (₹) 26.125.726.424.4108.613.63.412.17.13.8
Adj Net
Profit
-1.13.5-1.3-4.1-26.5-3.211.7-20.49.42.4-14
Cash Flow from Ops. 11.81.718.5-7.3-2-10.615.78.838.210.2-
Debt/CF from Ops. 5.746.24-12.6-51.9-9.86.46.248.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.4%17.4%12.1%25.7%
Adj EPS NANA-53.1%-74.9%
BVPS-13.5%-6.6%-19.6%-41.5%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Sep'12Mar'13Mar'14TTM
Return on
Equity %
-1.75.7-2-6.9-66.5-14.745.5-112.718.67.9-55.3
Op. Profit
Mgn %
9.415.193.4-4.412.317.10.112.18.43.1
Net Profit
Mgn %
-0.82.8-1-4.1-22.7-2.46.3-12.34.50.9-5.3
Debt to
Equity
1.11.31.21.64.65.33.23.62.82.6-
Working Cap
Days
137152153179159132111801568537
Cash Conv.
Cycle
68727995856469474622-1

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 - Cheslind Textiles Ltd.- (Amalgamation)

Standalone Consolidated
TTM EPS (₹) -3 -
TTM Sales (₹ Cr.) 255 -
BVPS (₹.) 3.8 -
Reserves (₹ Cr.) -28 -
P/BV 2.91 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 10.60 / 11.30
All Time Low / High (₹) 4.00 / 36.45
Market Cap (₹ Cr.) 49.6
Equity (₹ Cr.) 45.3
Face Value (₹) 10
Industry PE 31.9

Management X-Ray of Cheslind Textiles:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *22.6222.6222.6222.6222.6222.6222.6222.6222.6222.62
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Cheslind Textiles

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Sep'12Mar'13Mar'14
Sales137.56126.44124.4098.82116.77132.93185.26249.31103.73260.72
Operating Expenses 124.68107.32113.2295.67132.47116.83153.53249.4391.27238.85
Manufacturing Costs30.5533.0935.5025.3725.8124.3728.2643.0518.4040.42
Material Costs79.5860.7560.8055.5276.8476.12107.58175.9860.17166.97
Employee Cost 5.555.706.337.4711.429.319.9416.486.6118.46
Other Costs 97.7810.597.3218.407.027.7613.926.0913
Operating Profit 12.8819.1211.183.14-15.7016.1131.73-0.1212.4621.87
Operating Profit Margin (%) 9.4%15.1%9.0%3.2%-13.4%12.1%17.1%0.0%12.0%8.4%
Other Income 0.910.312.283.881.830.290.180.061.853.21
Interest 5.565.616.376.849.8510.1510.8318.866.2414.73
Depreciation 7.628.048.629.199.109.059.3512.273.436.86
Exceptional Items 0000000000
Profit Before Tax 0.625.78-1.52-9.01-32.82-2.8011.73-31.204.643.48
Tax 1.692.26-0.27-4.750.950.410-0.3300
Profit After Tax -1.073.52-1.25-4.25-33.77-3.2111.73-30.874.643.48
PAT Margin (%) -0.8%2.8%-1.0%-4.3%-28.9%-2.4%6.3%-12.4%4.5%1.3%
Adjusted EPS (₹)-0.51.5-0.5-1.8-14.6-1.45.1-6.81.00.8
Dividend Payout Ratio (%)-108%66%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Sep'12Mar'13Mar'14

Equity and Liabilities

Shareholders Fund 61.7062.4361.0256.7722.9919.7831.5122.8727.5132.17
Share Capital 23.0923.0923.0923.0923.0923.0923.0945.3245.3245.32
Reserves 38.6039.3437.9233.67-0.10-3.318.42-22.45-17.81-13.16
Minority Interest0000000000
Debt66.9677.7673.3292.22105.50104.3493.1079.0672.9975.91
Long Term Debt66.9677.7673.3292.22105.50104.3466.9461.646051.56
Short Term Debt00000026.1617.421324.35
Trade Payables15.4213.6014.019.6620.786.2514.087.5321.1330.86
Others Liabilities 6.6010.657.752.546.627.1414.895.675.109.58
Total Liabilities 150.67164.45156.10161.19155.90137.52153.59115.13126.74148.52

Fixed Assets

Gross Block147.27156.74168.61179.65181.77180.69180.25181.16185.56186.32
Accumulated Depreciation49.1257.1165.4774.1880.6989.1497.30109.47112.82116.83
Net Fixed Assets98.1599.63103.14105.47101.0891.5682.9571.6972.7469.49
CWIP 0.382.261.091.1500000.790
Investments 00000003.173.172.69
Inventories28.6336.1529.7429.8323.4030.0351.3517.2322.6635.42
Trade Receivables8.099.677.197.4721.223.778.338.419.9818.94
Cash Equivalents 2.572.474.514.522.522.012.080.221.692.57
Others Assets12.8614.2710.4212.747.6710.158.8714.4215.7019.42
Total Assets 150.67164.45156.10161.19155.90137.52153.59115.13126.74148.52

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Sep'12Mar'13Mar'14
Cash Flow From Operating Activity 11.781.6818.52-7.33-2.03-10.6315.7413.1919.0910.21
PBT 0.625.78-1.69-9.01-32.82-2.8011.73-31.204.643.48
Adjustment 13.2414.2017.4216.2119.7219.3020.1028.269.1421.26
Changes in Working Capital 5.19-8.7110.1-6.9220.92-16.99-16.0915.85.31-14.53
Tax Paid -0.49-1.57-0.9400000.3300
Cash Flow From Investing Activity -4.53-11.27-9.41-11.56-4.200.34-0.76-4.20-5.31-2
Capex -4.64-11.36-9.58-11.74-4.270.29-0.77-1.05-5.31-2.48
Net Investments 0000000-3.1700.48
Others 0.110.100.160.180.080.050.010.0200
Cash Flow From Financing Activity -7.069.48-7.0718.904.249.78-14.90-10.86-12.31-7.32
Net Proceeds from Shares 000000022.2300
Net Proceeds from Borrowing 0000000000
Interest Paid 000000-10.83-18.86-6.24-14.73
Dividend Paid -3.48-1.32-2.630000000
Others -3.5810.80-4.4318.904.249.78-4.07-14.23-6.067.41
Net Cash Flow 0.19-0.102.040-1.99-0.520.08-1.871.470.89
PARTICULARSMar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Sep'12Mar'13Mar'14
Ratios
ROE (%)-1.735.89-2.07-7.25-85.23-1545.72-113.5418.4211.67
ROCE (%)4.728.623.57-1.53-16.585.8217.64-10.4110.4216.6
Asset Turnover Ratio0.890.80.780.620.740.911.271.860.861.89
PAT to CFO Conversion(x)N/A0.48N/AN/AN/AN/A1.34N/A4.112.93
Working Capital Days
Receivable Days23262527453412123220
Inventory Days929497110837380507041
Payable Days73878378726535228757

Cheslind Textiles Ltd.- (Amalgamation) Stock News

Cheslind Textiles Ltd.- (Amalgamation) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Cheslind Textiles on 01-Jan-1970 05:30 is ₹0.00.
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-Jan-1970 05:30 the market cap of Cheslind Textiles stood at ₹49.63.
The latest P/E ratio of Cheslind Textiles as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Cheslind Textiles as of 01-Jan-1970 05:30 is 2.91.
The 52-week high of Cheslind Textiles is ₹11.30 and the 52-week low is ₹10.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Cheslind Textiles is ₹255.2 ( Cr.) .

About Cheslind Textiles Ltd.- (Amalgamation)

Cheslind Textiles incorporated in 1989, is engaged in the business of manufacturing combed cotton yarn and knitted fabrics. In 1992, the company set up a 100% export oriented unit for combed cotton yarn. Company is a subsidiary of RSWM which is engaged in the business of manufacturing synthetic cotton yarn, cellulosic blended grey and dyed yarn, cotton melange yarn, blended fabric and denim fabric.

Cheslind Textiles’ headquarter is located at Bangalore. Its manufacturing units are located at Tamil Nadu (2) and Pondicherry (1). Company is listed on Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and Madras Stock Exchange (MSE). Cheslind has been accredited ISO 9001-2000 by BVQI for its quality management.

Internationally the company has customer base located at Switzerland, Italy, Germany, Mauritius, Turkey, Korea, Japan and Hong Kong. Besides this products are also marketed in countries like Indonesia, Pakistan, Sri Lanka and Bangladesh.

Cheslind manufactures a wide range of products from Ne 24s to Ne 110s, both single and TFO doubled and Gassed products from as many as five raw material mixes. Raw materials include specially selected imported varieties like US Pima, Egyptian Giza, West African and Chinese. Indigenous cottons include Shankar 6 and MCU 5. Products may be used for hosiery or weaving applications and are tailor-made to suit customers' specifications.

Products

  • 100% COMBED COTTON YARN
  • Single yarn for knitting and weaving application, product range Ne 24/1 to Ne 120/1
  • TFO Doubled yarns for knitting and weaving application, product range Ne 30/2 to Ne 120/2
  • Elite (Compact) yarns,  product range Ne 30/1 to Ne 100/1
  • Gas and rewound yarns, product range Ne 30/2 to Ne 120/2 TFO
  • Single and TFO Doubled yarn, soft cones on ready to dye packages

Future Plans

Cheslind Textiles is involved in an ongoing process and continuous improvements are being carried out in the Plant & Machinery maintenance and the quality of the finished products.

Company also plans to improve the productivity and quality by process control and development of new value added products are in progress like Bamboo Cotton gassed yam, Modal Cotton blends and organic yarn for Hosiery industry.

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