Is Deepak Spinners a good quality company?

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

Is Deepak Spinners undervalued or overvalued?

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

What is Deepak Spinners share price return in the past 10 years?

Deepak Spinners Ltd share price has appreciated 18.7% annually (CAGR) over the past ten years.

Is Deepak Spinners a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Deepak Spinners Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Deepak Spinners Ltd - Stock Valuation and Financial Performance

Name: Deepak Spinners
Brand: Deepak Spinners

BSE: 514030 | NSE: DEEPAKSPIN | Textile - Spinning | Small Cap

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Deepak Spinners Share Price

₹231.50 2.15 0.94%
as on 23-Apr'24 12:53

10 Year X-Ray of Deepak Spinners:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	10%	9.6%	10.2%	7%	5.7%	7.7%	9.1%	9%	18.2%	15.9%	-
Value Creation Index ⓘ	-0.3	-0.3	-0.3	-0.5	-0.6	-0.5	-0.4	-0.4	0.3	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	392	435	401	411	439	475	461	397	532	561	470
Sales YoY Gr.	-	10.8%	-7.8%	2.5%	6.9%	8%	-3%	-13.9%	34%	5.6%	-
Adj EPS ⓘ	16.6	13.2	21.8	10.6	7.6	16	20.6	21.6	53.8	55.4	14.3
YoY Gr.	-	-20.6%	65.2%	-51.4%	-28.7%	111%	29.1%	5%	148.9%	3%	-
BVPS (₹) ⓘ	114.4	126.8	146.2	154.8	163.1	182.4	199.5	221.2	274	327.6	332.1
Adj Net Profit ⓘ	12	9.5	15.7	7.6	5.4	11.5	14.8	15.5	38.7	39.9	10
Cash Flow from Ops. ⓘ	21.5	37.4	44.6	21.4	40.2	29.1	44	38.8	38.8	41.7	-
Debt/CF from Ops. ⓘ	6.4	3.2	3.4	7	3.2	3.9	1.9	1.4	1.2	1.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.1%	5%	6.8%	5.6%
Adj EPS ⓘ	14.3%	49%	39.1%	3%
BVPSⓘ	12.4%	15%	18%	19.6%
Share Price	18.7%	18.9%	35.8%	-4.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	15.6	10.9	16	7	4.8	9.2	10.8	10.3	21.7	18.4	4.3
Op. Profit Mgn % ⓘ	11	8.1	10.6	9.3	7.4	8.4	7.5	10.5	13.1	12.6	6.8
Net Profit Mgn % ⓘ	3.1	2.2	3.9	1.9	1.2	2.4	3.2	3.9	7.3	7.1	2.2
Debt to Equity ⓘ	1.7	1.3	1.4	1.4	1.1	0.9	0.6	0.3	0.2	0.2	-
Working Cap Days ⓘ	97	89	91	100	105	105	107	109	90	103	59
Cash Conv. Cycle ⓘ	60	61	68	75	72	65	64	70	58	64	22

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 39.12%

Return on Equity has declined versus last 3 years average to 4.30%

Sales growth has been subdued in last 3 years 6.81%

Sales growth is not so good in last 4 quarters at -20.54%

Latest Financials - Deepak Spinners Ltd.

	Standalone	Consolidated
TTM EPS (₹)	14.3	13.6
TTM Sales (₹ Cr.)	470	297
BVPS (₹.) ⓘ	332.1	0
Reserves (₹ Cr.) ⓘ	231	58
P/BV ⓘ	0.69	0.00
PE ⓘ	16.10	16.84

From the Market
52 Week Low / High (₹)	202.00 / 320.00
All Time Low / High (₹)	4.00 / 464.85
Market Cap (₹ Cr.)	164
Equity (₹ Cr.)	7.2
Face Value (₹)	10
Industry PE ⓘ	31.2

Management X-Ray of Deepak Spinners:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Deepak Spinners

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Deepak Spinners

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	392	435	401	411	439	475	461	397	532	561
Operating Expenses ⓘ	350	399	358	373	407	435	426	355	462	491
Manufacturing Costs	50	57	58	61	64	69	67	59	76	83
Material Costs	257	292	246	252	280	295	286	226	295	307
Employee Cost	31	37	41	44	48	52	56	53	63	72
Other Costs ⓘ	12	13	13	16	16	19	17	17	28	29
Operating Profit ⓘ	42	35	42	38	32	40	35	42	69	70
Operating Profit Margin (%)	10.8%	8.1%	10.6%	9.3%	7.3%	8.4%	7.5%	10.5%	13.1%	12.5%
Other Income ⓘ	3	6	5	4	4	4	3	2	3	3
Interest ⓘ	12	16	12	15	13	10	9	6	4	3
Depreciation ⓘ	11	14	14	16	16	16	16	16	16	16
Exceptional Items ⓘ	0	-2	0	-2	0	3	0	0	0	0
Profit Before Tax ⓘ	23	10	22	9	7	20	12	21	53	54
Tax ⓘ	11	1	6	2	1	7	-2	6	13	14
Profit After Tax	12	9	16	6	6	14	15	16	39	40
PAT Margin (%)	2.9%	2.1%	3.9%	1.5%	1.3%	2.9%	3.2%	4.0%	7.4%	7.1%
Adjusted EPS (₹)	16.0	12.4	21.8	8.7	7.9	19.1	20.7	21.8	54.6	55.8
Dividend Payout Ratio (%)	0%	0%	9%	0%	0%	8%	7%	9%	5%	4%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	82	91	105	111	117	131	143	159	197	236
Share Capital ⓘ	7	7	7	7	7	7	7	7	7	7
Reserves ⓘ	75	84	98	104	110	124	136	152	190	228
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	122	106	137	133	109	92	75	45	42	43
Long Term Debt	73	66	96	79	62	38	25	15	9	4
Short Term Debt	49	40	41	54	47	54	51	31	33	39
Trade Payables	21	7	9	16	27	30	24	14	18	24
Others Liabilities ⓘ	51	50	58	62	66	68	52	50	47	46
Total Liabilities ⓘ	277	254	309	322	319	322	296	268	304	349
Fixed Assets
Gross Block	261	267	327	213	221	225	232	231	240	282
Accumulated Depreciation	103	112	124	16	33	49	64	78	89	102
Net Fixed Assetsⓘ	158	155	203	197	188	177	168	153	150	180
CWIP ⓘ	3	1	2	1	0	1	1	3	1	4
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	58	51	60	69	72	82	75	59	81	98
Trade Receivables	38	30	26	39	37	37	29	34	33	30
Cash Equivalents	1	0	2	1	1	1	1	1	1	1
Others Assetsⓘ	19	17	15	15	21	24	23	18	38	36
Total Assets ⓘ	277	254	309	322	319	322	296	268	304	349

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	21	37	45	21	40	29	44	39	39	42
PBT ⓘ	23	10	22	9	7	20	12	21	53	54
Adjustment ⓘ	21	27	22	29	27	27	24	22	20	17
Changes in Working Capital ⓘ	-16	5	5	-14	7	-11	14	2	-19	-16
Tax Paid ⓘ	-6	-5	-4	-2	-1	-8	-6	-6	-15	-14
Cash Flow From Investing Activity ⓘ	-28	-4	-59	-6	-5	-4	-3	-2	-26	-37
Capex	-30	-8	-62	-9	-7	-5	-5	-3	-27	-39
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	1	5	3	2	2	2	2	1	1	1
Cash Flow From Financing Activityⓘ	6	-34	16	-16	-35	-25	-41	-37	-13	-4
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	14	-8	0	-14	-15	-21	-25	-10	-9	-6
Interest Paid ⓘ	-14	-17	-12	-15	-14	-10	-10	-6	-4	-3
Dividend Paid ⓘ	0	0	-1	0	0	0	-3	0	-1	-2
Others ⓘ	6	-9	29	13	-7	7	-4	-20	2	6
Net Cash Flow ⓘ	-1	0	1	-1	0	0	-1	0	-1	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	15.05	10.29	15.98	5.79	4.99	11.06	10.84	10.37	22.07	18.54
ROCE (%)	16.91	11.87	14.29	9.11	7.76	12.52	9.23	12.47	24.86	21.54
Asset Turnover Ratio	1.55	1.64	1.42	1.3	1.37	1.48	1.49	1.41	1.87	1.73
PAT to CFO Conversion(x)	1.75	4.11	2.81	3.5	6.67	2.07	2.93	2.44	1	1.05
Working Capital Days
Receivable Days	33	29	26	29	32	28	26	29	23	20
Inventory Days	44	45	50	57	59	59	62	61	48	58
Payable Days	26	17	12	18	28	35	35	31	20	25

Deepak Spinners Ltd Stock News

Deepak Spinners Ltd FAQs

What is the share price of Deepak Spinners?

Company share prices are keep on changing according to the market conditions. The closing price of Deepak Spinners on 23-Apr-2024 12:53 is ₹231.5.

What is the market cap of Deepak Spinners?

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 23-Apr-2024 12:53 the market cap of Deepak Spinners stood at ₹164.3.

What is the P/E ratio of Deepak Spinners?

The latest P/E ratio of Deepak Spinners as of 23-Apr-2024 12:53 is 16.10.

What is the P/B ratio of Deepak Spinners?

The latest P/B ratio of Deepak Spinners as of 23-Apr-2024 12:53 is 0.69.

What is the 52-week high and low of Deepak Spinners?

The 52-week high of Deepak Spinners is ₹320.0 and the 52-week low is ₹202.0.

What is the TTM revenue of Deepak Spinners?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Deepak Spinners is ₹470.2 ( Cr.) .

About Deepak Spinners Ltd

Deepak Spinners Limited was incorporated in the year of 1982. The registered office of the company is located at Himachal Pradesh.

Deepak Spinners is one of the major exporters of blended yarn. It has its plants at Solan and Guna in Madhya Pradesh. The company has installed balancing equipment such as dyeing machine, cards, draw frames and speed frames to provide greater flexibility in product mix and also for optimum utilization of the existing facilities.

The group exports its products to the United Kingdom, Italy, Spain, Switzerland, Poland, Belgium, Turkey, Greece, Chile, Egypt, Jordan, Syria, Russia and Bangladesh.

The main area of the business:

The company manufactures synthetic blended yarns, both grey and dyed, made of polyester, viscose, acrylic, and other man-made files. Its products include polyester and viscose yarn, acrylic yarn, acrylic polyester blends and acrylic viscose blends.