CLC Industries Ltd Stock Analysis

BSE: 521082 | NSE: SPENTEX | Textile - Spinning | Small Cap

BSE Share Price Jan 25, 18:01
2.54 -0.01 (-0.39%)

DeciZen - Make an Informed Decision on CLC Industries

M-Cap below 100cr DeciZen not available

FAQ's

1. Is CLC Industries Ltd a good quality company?

Data is not available for this company.

2. Is CLC Industries Ltd undervalued or overvalued?

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

3. Is CLC Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of CLC Industries 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 CLC Industries:

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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
ROCE % 3.8%16.3%-22.8%15.6%10.2%-3.4%-8.4%-15.4%-83.2%-29%-
Value Creation Index -0.70.2NA0.1NANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 7301,0609681,1301,143891799781480245109
YoY Gr. Rt. %-45.3%-8.7%16.7%1.2%-22%-10.3%-2.3%-38.5%-49%-
Adj EPS -3.55-20.81.4-1.5-7.6-9.2-9.3-16.7-2.8-4
YoY Gr. Rt. %-NA-515.8%NA-208.9%NANANANANA-
BVPS (₹) 9.314.6-9.5-6.3-7.2-14.3-23.3-30.9-50-52.30
Adj Net Profit -26.140.6-17311.9-13.2-68.2-82.8-83.7-150-24.9-36
Cash Flow from Ops. 41.299.276.261.390.71041.861.46.86.8-
Debt/CF from Ops. 12.64.76.385.34.2306.58.577.876.5-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -11.4%-26.5%-32.6%-49%
Adj EPS NANANANA
BVPS -221.2000
Share Price -10.9% -9.7% 20.3% 113.4%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
Return on Equity % -32.541.5-806.9-18.122.775.352.636.142.75.515.4
Op. Profit Mgn % 4.414-4.896.51.3-0.2-6.4-7.8-22.5-69.1
Net Profit Mgn % -3.63.8-17.91.1-1.2-7.7-10.4-10.7-31.3-10.2-33.2
Debt to Equity 7.64-6.1-8.8-7.4-3.5-2.7-1.9-1.2-1.1-
Working Cap Days 16413513294102120120114121133580
Cash Conv. Cycle 17133-82-11-512-7-450

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 15.40%

Sales growth has been subdued in last 3 years -32.55%

Sales growth is not so good in last 4 quarters at -71.36%

Latest Financials - CLC Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -4 -4.1
TTM Sales (₹ Cr.) 109 245
BVPS (₹.) 0 0
Reserves (₹ Cr.) -587 -1,079
P/BV 0.00 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.67 / 4.86
All Time Low / High (₹) 0.29 / 77.35
Market Cap (₹ Cr.) 22.8
Equity (₹ Cr.) 89.8
Face Value (₹) 10
Industry PE 18.4

Management X-Ray of CLC Industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About CLC Industries Ltd

Spentex Industries Ltd. was incorporated on November 25, 1991. The Company has been jointly promoted by CESCON Ltd. and KEC International Ltd. for setting up a project for the manufacture of combed cotton yarn at Baramati in Maharashtra.

Spentex Industries has emerged as one of the leading textile company of India. With its vision of 'Going Beyond Tomorrow', it has shown consistent performance and innovation to become one of the largest yarn manufacturer in India. Its success is deeply rooted in the finest quality cotton and synthetic yarns it manufactures at its 9 state of the art manufacturing facilities both in India and abroad.

CLC Enterprises was founded in the mid 20th century under the stewardship of Shri Chiranji Lal Choudhary, the founder patriarch. With his sheer determination and hard work, the Company moved ahead on the path of success through trading and agency business in the Textile sector.

With a humble beginning, it has moved on to become one of the largest Textile Conglomerate of India.

Product range of the company  includes:
  • Cotton Yarn
  • Synthetic & Blended Yarn
  • Cotton Fabric (Grey, Bleached & Dyed)
  • Synthetic and Blended Fabric (Grey, Bleached & Dyed)
Milestones:
  • 2007:Acquisition of Schoeller Textil, Czech Republic
          -Merger of Indo Rama Textiles Ltd. in Spentex Industries Ltd.
  •  2006: Acquisition of Nagpur and Indore Units (Indo Rama Textiles Ltd.)
        -Acquisition of Kolhapur Unit (Amit Spinning Industries Ltd.)
        -Acquisition of Tashkent Toytepa Tekstil Ltd., Uzbekistan
        -Allotment of first QIP.
  •  2005:Merger of all group companies in Spentex Industries Ltd.
       - Signed agreement with Bombay Dyeing & Manufacturing Co. Ltd. to set up a contract manufacturing facility with 50,000 spindles at Solapur unit.
        -Expansion of Baramati unit with 36,000 spindles.
        -Equity participation by Citigroup’s Venture Capital Arm: CVCI.
  •  2004:Acquisition of Baramati Unit (Spentex Industries Ltd.)
  •  2003:Acquisition of Solapur Unit (Cimmco Spinners).
  •  2001:Merger of textile trading division with CLC Global Ltd.

Achievements/ recognition:

Awards
  • Bronze Trophy for export performance in Fabrics Category (Grey) for the year 2006-07.
  • Gold Trophies for export performance in Fabrics amongst Merchant Exporters for the year 2005-06.
  • Gold Trophies for export performance in Fabrics amongst Merchant Exporters for the year 2004-05.
  • Bronze Trophy for export performance in Yarn amongst Merchant Exporters for the year 2003-04.
  • Gold Trophies for export performance in Fabrics amongst Merchant Exporters for the years 2002-03.
  • Gold Trophies for export performance in Fabrics amongst Merchant Exporters for the years 2001-02.
  • Silver Trophy for export performance in Fabrics amongst Non-Quota Category for the year 2001-02.Developing the light industry of the Republic of Uzbekistan. And many more.
Certification
  • Spentex Solapur has been certified by ISO 9001:2000 for Quality Management System.
  • Spentex Kolhapur has been certified by ISO 9001:2000 for Quality Management System.
  • Spentex Butibori has been certified by ISO 9001:2000 for Quality Management System.
  • Spentex Butibori has been certified by ISO 140001:2004 for Environmental Management System.
  • Spentex Pithampur has been certified by ISO 9001:2000 for Manufacture and Supply of Yarn.
  • Spentex Industries Ltd. has been certified by Oeko-Tex for 100% harmless substance free cotton yarn and fibre raw.

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