CLC Industries Ltd - Stock Valuation and Financial Performance

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

CLC Industries Share Price

2.61 0.00 0.00%
as on 11-Jan'24 16:59

DeciZen - make an informed investing decision on CLC Industries

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CLC Industries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
0.1 Cr.
52-wk low:
1.5
52-wk high:
3.6

Is CLC Industries Ltd an attractive stock to invest in?

1. Is CLC Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that CLC Industries Ltd is a average quality 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 Weak which suggest that the price of CLC Industries 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 CLC Industries:

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.
CLC Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'22Mar'23TTM
ROCE % -22.8%15.6%10.2%-3.4%-8.4%-15.4%-83.2%-29%-45.5%149.8%-
Value Creation
Index
NA0.1NANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9681,1301,143891799781480245000
Sales YoY Gr.-16.7%1.2%-22%-10.3%-2.3%-38.5%-49%-100%NA-
Adj EPS -20.81.4-1.5-7.6-9.2-9.3-16.7-2.8-1.3-1.2-210.6
YoY Gr.-NA-208.9%NANANANANANANA-
BVPS (₹) -9.5-6.3-7.2-14.3-23.3-30.9-50-52.3-59.9-61.1-54
Adj Net
Profit
-17311.9-13.2-68.2-82.8-83.7-150-24.9-11.5-10.9-11
Cash Flow from Ops. 76.261.390.71041.861.46.86.8-4.4-0.1-
Debt/CF from Ops. 6.385.34.2306.58.577.876.5-121-5382-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS NANANANA
BVPSNANANANA
Share Price -8.1% 13.4% 34.2% 26.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'22Mar'23TTM
Return on
Equity %
-806.9-18.122.775.352.636.142.75.52.32365.9
Op. Profit
Mgn %
-4.896.51.3-0.2-6.4-7.8-22.500-120.7
Net Profit
Mgn %
-17.91.1-1.2-7.7-10.4-10.7-31.3-10.200-INF
Debt to
Equity
-6.1-8.8-7.4-3.5-2.7-1.9-1.2-1.1-1-10.6
Working Cap
Days
1329410212012011412113300145
Cash Conv.
Cycle
3-82-11-512-7-4500-1,225

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 365.90%

Sales growth has been subdued in last 3 years -100.00%

Sales growth is not so good in last 4 quarters at -42.28%

Latest Financials - CLC Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -210.6 -699.8
TTM Sales (₹ Cr.) 0 245
BVPS (₹.) -54 0
Reserves (₹ Cr.) -638 -1,079
P/BV -0.05 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 1.52 / 3.55
All Time Low / High (₹) 0.29 / 77.35
Market Cap (₹ Cr.) 0.1
Equity (₹ Cr.) 0.5
Face Value (₹) 10
Industry PE 29.2

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

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Analyst's Notes

Key Ratios of CLC Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'22Mar'23
Sales967.841,129.661,142.90891.14799.08780.52480.30245.1700
Operating Expenses 1,014.591,028.261,069.38880.31800.88845.28517.71301.182.121.94
Manufacturing Costs109.19169.16161.05123.10122.29110.8667.2854.470.060.08
Material Costs789730.72779.96629.25546.24567.98343.0415400
Employee Cost 63.1870.1377.5980.1183.9092.8073.2464.140.080.05
Other Costs 53.2158.2550.7847.8548.4673.6434.1528.561.981.82
Operating Profit -46.75101.4173.5210.84-1.81-64.76-37.42-56.01-2.12-1.94
Operating Profit Margin (%) -4.8%9.0%6.4%1.2%-0.2%-8.3%-7.8%-22.8%--
Other Income 15.4122.1813.8716.669.1579.0512.1746.350.010.01
Interest 85.4276.8181.0479.3777.0150.8410.256.6800
Depreciation 33.0826.2018.2111.6911.2510.9210.5510.029.359.01
Exceptional Items -48.59001.370-21-122.045.1600
Profit Before Tax -198.4220.58-11.86-62.19-80.91-68.47-168.09-21.20-11.46-10.94
Tax 3.03000.6000-0.44000
Profit After Tax -201.4520.58-11.86-62.79-80.91-68.47-167.65-21.20-11.46-10.94
PAT Margin (%) -20.8%1.8%-1.0%-7.0%-10.1%-8.8%-34.9%-8.6%--
Adjusted EPS (₹)-24.22.3-1.3-7.0-9.0-7.6-18.7-2.4-1.3-1.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -79.31-53.63-64.09-128.10-209.02-277.48-448.44-469.78-537.34-548.29
Share Capital 83.2788.3789.7789.7789.7789.7789.7789.7789.7789.77
Reserves -162.58-142-153.87-217.88-298.79-367.26-538.21-559.55-627.12-638.06
Minority Interest0000000000
Debt416.03391.84386.25338.94322.32522.89331.99295.52322.98322.98
Long Term Debt330.22291.87241.45170.9525.5735.4131.17000
Short Term Debt85.8199.97144.79167.99296.75487.48300.82295.52322.98322.98
Trade Payables130.77123.01116.33150.6352.6084.1462.2660.0669.2469.24
Others Liabilities 120.40166.73167.29180.70358.1896.99307.75358.33357.08359.12
Total Liabilities 587.89627.95605.78542.17524.09426.53253.57244.13211.96203.05

Fixed Assets

Gross Block646.31649.32652.75652.85654.49650.57639.19636.37636.17636.17
Accumulated Depreciation404.48429.72447.47460.03471.10477.79476.43483.66512.23521.24
Net Fixed Assets241.83219.60205.28192.82183.40172.77162.76152.72123.94114.93
CWIP 0.440.310.060.170.140.2300.160.160.16
Investments 77.4977.4977.4977.4977.4920.460.0100.010.01
Inventories47.3485.94104.3262.7345.2255.1023.555.514.664.66
Trade Receivables45.9439.7933.6432.2545.4137.739.595.769.159.15
Cash Equivalents 4.296.074.313.055.061.072.041.131.971.87
Others Assets170.56198.74180.67173.65167.36139.1655.6278.8572.0772.27
Total Assets 587.89627.95605.78542.17524.09426.53253.57244.13211.96203.05

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'22Mar'23
Cash Flow From Operating Activity 76.1761.2990.67104.441.8461.386.756.82-4.43-0.10
PBT -198.4220.58-11.86-62.19-80.91-68.47-167.65-21.20-11.46-10.94
Adjustment 111.67102.7995.5988.3583.7657.1239.0711.609.349.01
Changes in Working Capital 162.93-62.096.9478.29-1.0172.72136.0616.9-2.311.84
Tax Paid -0.0100000-0.75-0.4800
Cash Flow From Investing Activity -0.73-2.80-2.46-0.23-0.490.511.08-0.350.010
Capex -1.75-3.91-3.32-1.15-1.79-0.48-0.09-0.3500
Net Investments 00000-0.010000
Others 1.011.110.870.921.300.991.1800.010
Cash Flow From Financing Activity -75.23-56.25-90.44-105.50-0.40-62.88-6.93-7.3900
Net Proceeds from Shares 05.10011.10000000
Net Proceeds from Borrowing 13.681.29-52.48-56.660.1900000
Interest Paid -85.51-75.54-78.18-77.87-48.38-48.54-8.77-0.8000
Dividend Paid 0000000000
Others -3.4012.9040.2217.9347.80-14.341.84-6.5900
Net Cash Flow 0.212.24-2.23-1.280.96-0.990.90-0.92-4.42-0.10
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio1.411.861.861.561.51.651.430.9900
PAT to CFO Conversion(x)N/A2.98N/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days231412131819181100
Inventory Days342130342523302200
Payable Days6663567768447814500

CLC Industries Ltd Stock News

CLC Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of CLC Industries on 11-Jan-2024 16:59 is ₹2.61.
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-Jan-2024 16:59 the market cap of CLC Industries stood at ₹0.14.
The latest P/E ratio of CLC Industries as of 11-Jan-2024 16:59 is 0.00.
The latest P/B ratio of CLC Industries as of 11-Jan-2024 16:59 is -0.05.
The 52-week high of CLC Industries is ₹3.55 and the 52-week low is ₹1.52.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of CLC Industries is ₹0.00 ( Cr.) .

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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