Chhabra Spinners Ltd - Stock Valuation and Financial Performance

BSE: 531653 | NSE: | Textile - Spinning | Small Cap

BSE Share Price
Not Listed

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Chhabra Spinners stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
0 Cr.
52-wk low:
0
52-wk high:
0

Is an attractive stock to invest in?

1. Is a good quality company?

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

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Chhabra 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.
Chhabra 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'96Mar'97Mar'98Mar'99Mar'00Mar'01Mar'02Mar'03Mar'04Mar'05TTM
ROCE % 0%0%1.1%4.9%0%1.3%-2.4%-0.3%-2.5%3%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0025.415.7014.613.612.212.59.610
Sales YoY Gr.-NANA-38.4%-100%NA-6.8%-10.7%2.9%-22.9%-
Adj EPS 00-0.80.40-0.5-1.3-0.6-100
YoY Gr.-NANANA-100%NANANANANA-
BVPS (₹) 0020.721.2021.11716.515.315.413.8
Adj Net
Profit
00-0.40.20-0.2-0.7-0.3-0.600
Cash Flow from Ops. 0000.700.3-0.40.60.40-
Debt/CF from Ops. 00-249.15.6012.7-105.77.999.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA-10.9%-22.9%
Adj EPS NANANANA
BVPSNANA-3.4%0.7%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'96Mar'97Mar'98Mar'99Mar'00Mar'01Mar'02Mar'03Mar'04Mar'05TTM
Return on
Equity %
00-4.21.90-2.4-7.6-3.9-7.60.20.1
Op. Profit
Mgn %
001.68.304.1-1.52.404.21.1
Net Profit
Mgn %
00-1.61.20-1.7-4.9-2.5-4.40.10.1
Debt to
Equity
000.50.400.30.50.40.50.5-
Working Cap
Days
00020201952042232092790
Cash Conv.
Cycle
0009001091221261051440

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 %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Chhabra Spinners Ltd.

Standalone Consolidated
TTM EPS (₹) 0 -
TTM Sales (₹ Cr.) 9.6 -
BVPS (₹.) 13.8 -
Reserves (₹ Cr.) 2 -
P/BV 0.00 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 0
Equity (₹ Cr.) 5.3
Face Value (₹) 10
Industry PE 32

Management X-Ray of Chhabra Spinners:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Chhabra Spinners

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'98Mar'99Mar'01Mar'02Mar'03Mar'04Mar'05
Sales25.4315.6714.6013.6112.1512.509.64
Operating Expenses 25.0314.3914.0113.8111.8812.559.24
Manufacturing Costs2.642.082.372.622.802.071.65
Material Costs21.0911.2510.5410.047.999.516.83
Employee Cost 0.720.590.610.620.640.540.43
Other Costs 0.560.470.490.530.450.430.33
Operating Profit 0.401.280.59-0.210.27-0.050.40
Operating Profit Margin (%) 1.6%8.2%4.1%-1.5%2.2%-0.4%4.1%
Other Income 1.430.050.190.140.100.040.50
Interest 0.810.720.600.540.380.410.42
Depreciation 0.420.410.410.420.420.440.43
Exceptional Items 0000000
Profit Before Tax 0.600.20-0.22-1.02-0.43-0.860.04
Tax 0.070.020-0.35-0.14-0.270.03
Profit After Tax 0.530.18-0.22-0.67-0.29-0.590
PAT Margin (%) 2.1%1.2%-1.5%-4.9%-2.4%-4.7%0.0%
Adjusted EPS (₹)1.20.4-0.5-1.5-0.7-1.30.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'98Mar'99Mar'01Mar'02Mar'03Mar'04Mar'05

Equity and Liabilities

Shareholders Fund 9.749.929.767.897.5977
Share Capital 4.534.534.534.534.534.534.53
Reserves 5.205.385.223.353.062.472.47
Minority Interest0000000
Debt4.883.963.213.613.133.353.31
Long Term Debt4.883.963.213.613.133.353.31
Short Term Debt0000000
Trade Payables1.740.760.690.611.231.340.89
Others Liabilities 0.290.040.090.900.770.520.53
Total Liabilities 16.6514.6813.7413.0112.7212.2011.74

Fixed Assets

Gross Block8.348.168.178.288.358.528.47
Accumulated Depreciation1.932.313.133.553.954.134.52
Net Fixed Assets6.415.855.044.744.404.383.95
CWIP 000000.010
Investments 0.010.010.010.010.0100
Inventories4.163.022.352.072.512.152.10
Trade Receivables1.712.223.483.293.122.833.01
Cash Equivalents 0.110.070.110.110.110.220.13
Others Assets4.263.532.762.802.572.612.54
Total Assets 16.6514.6813.7413.0112.7212.2011.74

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'98Mar'99Mar'01Mar'02Mar'03Mar'04Mar'05
Cash Flow From Operating Activity -0.020.700.25-0.360.550.420.03
PBT 0.600.21-0.22-1.02-0.43-0.860.04
Adjustment 1.181.150.940.930.820.930.88
Changes in Working Capital -1.020.120.160.270.520.77-0.55
Tax Paid -0.09-0.0300.01-0.0200
Cash Flow From Investing Activity -0.140.130-0.11-0.11-0.51-0.01
Capex -0.140.130-0.11-0.11-0.51-0.01
Net Investments 0000000
Others 0000000
Cash Flow From Financing Activity 0.20-0.87-0.220.47-0.430.19-0.12
Net Proceeds from Shares 0000000
Net Proceeds from Borrowing -0.44-0.62-0.490-0.28-0.140
Interest Paid 0000000
Dividend Paid 0000000
Others 0.64-0.260.270.47-0.150.33-0.12
Net Cash Flow 0.04-0.040.0300.010.11-0.09
PARTICULARSMar'98Mar'99Mar'01Mar'02Mar'03Mar'04Mar'05
Ratios
ROE (%)5.691.9-2.35-7.78-3.86-8.230.06
ROCE (%)9.916.592.82-3.96-0.47-4.34.48
Asset Turnover Ratio1.571.051.111.11.021.090.83
PAT to CFO Conversion(x)-0.043.89N/AN/AN/AN/AN/A
Working Capital Days
Receivable Days244466848980108
Inventory Days58806255636378
Payable Days30412524424960

Chhabra Spinners Ltd Stock News

Chhabra Spinners Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Chhabra Spinners 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 Chhabra Spinners stood at ₹0.00.
The latest P/E ratio of Chhabra Spinners as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Chhabra Spinners as of 01-Jan-1970 05:30 is 0.00.
The 52-week high of Chhabra Spinners is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Chhabra Spinners is ₹9.64 ( Cr.) .

About Chhabra Spinners Ltd

Chhabra Spinners was incorporated under the Companies Act 1956 on September 20, 1989 as a Private Limited Company and received the certificate of Commencement on May 06, 1991. It was converted into a public Limited Company by passing a special Resolution in its Extra Ordinary General Meeting held on 20-1-95 and obtained certificate on January 31, 1995.

The company was established with a view to establish a unit for spinning of cotton yarn at Dhamnod.  The Company implemented a project for spinning of cotton yarn of coarse count by installing Imported Open End spinning machines of 192 rotors each with a total outlay of Rs 2.43 crore which was financed by MPAVN and MPFC. Term Loans of Rs1.46 crore were availed for the project. The construction work for the unit was started in May, 1990 and the unit commenced production in April, 1991.

 The Company planned an expansion scheme in 1993-94 which envisaged installation of 3840 spindles and the necessary balancing machinery in the Preparatory Section. The Cost of the Expansion scheme was Rs 1.60 crore and the same was financed by way of a Term Loan of Rs 90.00 lakh by MPFC. The scheme was fully implemented by June, 1994.

Again in 1994-95, the company envisaged the expansion of its capacity, in two phases. In the first phase, which became operational partially in April 1995, it installed additional 6048 spindles, to raise the total capacity to around 10,000 spindles. In the second phase, it installed two autoconers and 2520 additional spindles.

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