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Eurotex Industries & Exports Ltd. Stock Analysis

Small Cap
Evaluated by 98 users | BSE: 521014 | NSE: EUROTEXIND |
Textile - Spinning
Eurotex Industries and Exports, incorporated in 1989, is a Patodia Group company engaged in export of 100% cotton yarn in single and 2-ply. It’s double yarns, Including knotless, are twisted on Volkmann TFO TwistersThe company is the manufacturer of knitted fabrics in various structures...

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
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 8.6%1.62%4.2%9.44%3.14%0.6%-6.02%-8.59%-15.18%-42.28%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 21225828334428123418925219742.1
Y-o-Y Gr. Rt.-21.8%9.9%21.5%-18.5%-16.6%-19.4%33.6%-21.9%-78.6%
Adjusted EPS (Rs.) 6.5-7.68-1.96.26-3.42-5.7-13.34-16.14-19.34-25.92
Y-o-Y Gr. Rt.--218.2%NANA-154.6%NANANANANA
Book Value per Share (Rs.) 65.274.7472.6878.4772.8466.6963.3446.7626.774.06
Adjusted Net Profit 5.7-6.7-1.75.5-3-5-11.7-14.1-16.9-22.7
Net Op. Cash Flow (Rs. Cr.) 7.519.15.730.317.323.8-1.30.423.4-6.4
Debt to Cash Flow from Ops 13.93.8113.512.123.391.76-34.96143.381.45-4.49
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Eurotex Industries & Exports Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -16.4%-31.6%-39.4%-78.6%
Adjusted EPS -216.6%NANANA
Book Value per Share -26.5-43.9-60-84.8
Share Price -9.1% -23.5% -38.7% -32.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 10.27-10.82-2.558.2-4.47-8.09-20.29-28.92-51.5-159.69
Operating Profit Margin (%) 12.12.766.88.563.82.44-0.79-1.82-3.66-49.36
Net Profit Margin (%) 2.69-2.61-0.591.59-1.07-2.13-6.19-5.6-8.6-53.92
Debt to Equity 1.821.111.220.940.920.720.841.291.458.11
Working Capital Days 163149136119133126161128117276
Cash Conversion Cycle 93756761646174544998
Entity Percentage Holding
Promoters 70.99%
Institutions 0.61%
Non-Institutions 28.40%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Eurotex Industries & Exports Ltd.'s performance infers:

Eurotex Industries & Exports Ltd. earnings have grown by 0%, whereas share price has depreciated -23.5% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Eurotex Industries & Exports Ltd. share prices over the last 10 years. Here is what we found out:

Eurotex Industries & Exports Ltd. share price has depreciated -12.9% annually over the past ten years.

Eurotex Industries and Exports, incorporated in 1989, is a Patodia Group company engaged in export of 100% cotton yarn in single and 2-ply. It’s double yarns, Including knotless, are twisted on Volkmann TFO Twisters

The company is the manufacturer of knitted fabrics in various structures such as single jersey, interlock, rib, etc and a wide range of knitted garments including baby bodies and pyjamas, kids and teen wear, polo pique and round neck T-shirts.

The company is one of the

Eurotex Industries and Exports, incorporated in 1989, is a Patodia Group company engaged in export of 100% cotton yarn in single and 2-ply. It’s double yarns, Including knotless, are twisted on Volkmann TFO Twisters

The company is the manufacturer of knitted fabrics in various structures such as single jersey, interlock, rib, etc and a wide range of knitted garments including baby bodies and pyjamas, kids and teen wear, polo pique and round neck T-shirts.

The company is one of the largest exporters of 100% cotton yarn from India. Its exports exceed 24000 tonnes, to a clientele spread worldwide. It is the first 100% export oriented spinning unit in India’s private sector.

The company spin yarn between counts Ne 20’s combed and Ne 120’s combed, both in single and 2-ply. All yarns are wound on the latest Schlafhorst 338 & Murata Autoconers. It produces high RKM yarns for high speed looms. Our double yarns, including knotless, are twisted on Volkmann TFO twisters. Its gassed yarns are singed on the latest Swiss Mettler machines.

The company has installed a Suessen Elite compact spinning machine and can offer compact yarn between counts Ne 40's and Ne 100’s. It also have an SSM Precision Dye Package Winder for yarn on soft winding perforated dye packages (both conical 4020 and cylindrical).

The company is the part of the Patodia Group of Industries. The group of national and international fame was founded by Late Shri B L Patodia as early as 1938 and pioneered the business of cotton and art silk yarns in India.

The trade and export activities of the group rose to enormous proportions after World War II. The group's present turnover is in excess of $100 million, and covers almost full range of the activities of textile industry, from raw cotton to ready to wear fashion garments. The group has firm business tie-ups with textile companies all over the world including Japan, Switzerland, UK, Germany, South Korea, Italy and USA. Cotton yarn exports of the group comprise almost 10% of India's yarn exports.

The company’s plant, spread out over a sprawling 18 acres at Kolhapur in Maharashtra, India, is one of the most sophisticated in its class in the world today. The latest machinery and technological know-how was acquired from reputed world leaders in their respective fields and the plant is professionally managed by the best technical team in India today.

Based on its experience and expertise, it confidently offers a high-end textile product, whether it is yarn, fabric or the finished garment.It is one of the largest exporters of 100% cotton yarn from India. Its exports exceed 24000 tonnes, to a clientele spread worldwide and is the first 100% export oriented spinning unit in India's private sector. It had installed a Suessen Elite compact spinning machine. It also has an SSM Precision Dye Package Winder for yarn on soft winding perforated dye packages (both conical 4020 and cylindrical).

Its knitting facility is housed in the same premises as its spinning units. It had installed single jersey, interlock and rib machines manufactured by Mayer & Cie and Terrot.Its ultra-modern garment manufacturing unit is located in New Bombay. With all machinery from Pegasus, Yamato, Juki and Brother, a full-fledged garment testing laboratory, and the latest fusing machines and needle detectors, they distinguish themselves on the basis of strict quality control that offered to customers.

Product range of the company includes:

  • Yarn- It spins yarn between counts Ne 20's combed and Ne 120's combed, both in single and 2-ply. All yarns are wound on the latest Schlafhorst 338 & Murata Autoconers. It produce high RKM yarns for high speed looms. Its double yarns, including knotless, are twisted on Volkmann TFO twisters. Its gassed yarns are singed on the latest Swiss Mettler machines. It offers compact yarn between counts Ne 40's and Ne 100's.
  • Fabric-It knits fabrics in various structures, it also produces single jersey pique fabric. Its machines are also equipped with lycra attachments which enable them to offer high quality cotton / lycra fabrics.
  • Garments-It manufactures high quality knitted garments for the export market. Its garment product range covers a wide spectrum from baby bodies and pyjamas, kids and teen wear, and polo pique and round neck t-shirts.

Awards/Achievements

  • The company has ISO 9000 and Oeko-Tex 100 accreditations.
  • The company is also a consistent recipient of the Maharashtra State Best Exporter Award.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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