Eurotex Industries And Exports Ltd - Stock Valuation and Financial Performance

BSE: 521014 | NSE: EUROTEXIND | Textile - Spinning | Small Cap

Eurotex Inds.&Export Share Price

15.86 0.00 0.00%
as on 10-Apr'24 16:01

DeciZen - make an informed investing decision on Eurotex Inds.&Export

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Eurotex Industries And Exports stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
14 Cr.
52-wk low:
8.8
52-wk high:
20.8

Is Eurotex Industries And Exports Ltd an attractive stock to invest in?

1. Is Eurotex Industries And Exports Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Eurotex Industries And Exports Ltd is a below average quality company.

2. Is Eurotex Industries And Exports Ltd undervalued or overvalued?

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

3. Is Eurotex Industries And Exports Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Eurotex Industries And Exports 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 Eurotex Inds.&Export:

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.
Eurotex Industries And Exports 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 9.4%3.1%0.6%-6%-8.6%-15.2%-42.3%-56.8%-48.1%-5.3%-
Value Creation
Index
-0.3-0.8-1.0-1.4-1.6-2.1-4.0NANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 34428123418925219742.123.62.35.76
Sales YoY Gr.--18.5%-16.6%-19.4%33.6%-21.9%-78.6%-43.8%-90.5%154.2%-
Adj EPS 6.3-3.4-5.7-13.3-16.1-19.3-25.9-20.7-14.3-3.4-2.2
YoY Gr.--154.6%NANANANANANANANA-
BVPS (₹) 78.572.866.763.346.826.84.1-8.8-19.7-23.2-29.5
Adj Net
Profit
5.5-3-5-11.7-14.1-16.9-22.7-18.1-12.5-3-2
Cash Flow from Ops. 30.317.323.8-1.30.423.4-6.4-16.9-7.51.1-
Debt/CF from Ops. 2.13.41.8-35143.41.5-4.5-1.7-5.135.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -36.6%-53.1%-48.6%154.2%
Adj EPS -193.4%NANANA
BVPS-187.3%-186.9%-278.8%NA
Share Price -2.5% 0.1% 32.9% 21.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
8.2-4.5-8.1-20.3-28.9-51.5-159.71342.7106.416.48.2
Op. Profit
Mgn %
8.63.82.4-0.8-1.8-3.7-49.4-68.3-322.6470.6
Net Profit
Mgn %
1.6-1.1-2.1-6.2-5.6-8.6-53.9-76.5-554.3-51.8-33
Debt to
Equity
0.90.90.70.81.31.58.1-3.8-2.2-1.9-
Working Cap
Days
1191331261611281172762281,25645063,438
Cash Conv.
Cycle
61646174544998-7-148-247-10,99,921

Recent Performance Summary

Sales growth is good in last 4 quarters at 14225.00%

Return on Equity has declined versus last 3 years average to 8.20%

Sales growth has been subdued in last 3 years -48.57%

Latest Financials - Eurotex Industries And Exports Ltd.

Standalone Consolidated
TTM EPS (₹) -2.2 -
TTM Sales (₹ Cr.) 5.7 -
BVPS (₹.) -29.5 -
Reserves (₹ Cr.) -35 -
P/BV -0.54 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 8.77 / 20.80
All Time Low / High (₹) 3.85 / 275.00
Market Cap (₹ Cr.) 14
Equity (₹ Cr.) 8.8
Face Value (₹) 10
Industry PE 31.6

Management X-Ray of Eurotex Inds.&Export:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Eurotex Inds.&Export

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales344.29280.57233.92188.63252.05196.7542.0623.642.255.72
Operating Expenses 314.82270.37228.76190.12256.70204.1762.9439.799.525.49
Manufacturing Costs36.4336.0131.5119.9931.7223.571.530.760.810.74
Material Costs234.97189.55156.68140.22187.16144.8837.4420.081.890.24
Employee Cost 22.4825.4224.2017.1823.5120.4118.2714.704.732.63
Other Costs 20.9419.3916.3712.7314.3115.315.714.252.081.88
Operating Profit 29.4710.205.16-1.49-4.65-7.42-20.89-16.14-7.260.23
Operating Profit Margin (%) 8.6%3.6%2.2%-0.8%-1.8%-3.8%-49.7%-68.3%-322.0%4.0%
Other Income 1.111.081.671.611.451.707.6411.072.612.29
Interest 10.7410.038.107.938.107.664.843.322.712.70
Depreciation 9.604.624.454.203.983.913.713.663.303.16
Exceptional Items 0000000000
Profit Before Tax 10.25-3.37-5.72-12.01-15.28-17.29-21.80-12.05-10.67-3.34
Tax 4.68-0.14-0.33-0.33-1.11-0.21-3.04-0.321.03-0.78
Profit After Tax 5.57-3.23-5.38-11.68-14.17-17.07-18.76-11.73-11.70-2.57
PAT Margin (%) 1.6%-1.1%-2.3%-6.2%-5.6%-8.7%-44.6%-49.6%-519.0%-44.9%
Adjusted EPS (₹)6.4-3.7-6.2-13.4-16.2-19.5-21.5-13.4-13.4-2.9
Dividend Payout Ratio (%)8%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 69.3164.3959.0156.0841.6024.124.28-6.97-16.49-19.56
Share Capital 8.748.748.748.748.748.748.748.748.748.74
Reserves 60.5755.6550.2747.3432.8615.38-4.46-15.71-25.23-28.30
Minority Interest0000000000
Debt56.9151.6637.4845.7551.7833.3228.3629.3638.0838.08
Long Term Debt14.107.072.756.986.205.475.035.035.035.03
Short Term Debt42.8144.5834.7338.7745.5927.8523.3324.3333.0533.05
Trade Payables34.7725.4519.5234.1530.5019.049.5411.698.663.69
Others Liabilities 35.2225.2929.7238.1435.2536.4431.1716.6218.0721.59
Total Liabilities 196.22166.79145.73174.12159.13112.9273.3550.7048.3243.81

Fixed Assets

Gross Block223.86226.33227.0169.6065.2965.3858.6049.9149.6649.55
Accumulated Depreciation148.05153.27157.724.203.987.897.6210.3413.5716.67
Net Fixed Assets75.8073.0769.2965.4061.3157.4950.9839.5736.0932.87
CWIP 1.660.050.050.05000000
Investments 3.183.183.1813.8313.2212.501.101.944.813.27
Inventories74.3061.0143.5461.8654.8533.0210.011.890.741.75
Trade Receivables15.6611.719.0812.9510.821.661.960.0600.10
Cash Equivalents 0.811.3710.831.430.170.510.380.730.24
Others Assets24.8116.4019.5919.2017.508.098.796.865.945.57
Total Assets 196.22166.79145.73174.12159.13112.9273.3550.7048.3243.81

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 30.3317.3423.75-1.330.3723.40-6.41-16.88-7.471.06
PBT 10.25-3.37-5.72-12.01-15.28-17.29-21.80-12.05-10.67-3.34
Adjustment 18.6413.2010.4910.2910.7710.100.19-2.913.796.18
Changes in Working Capital 2.2412.3818.930.444.9330.7315.23-1.67-0.67-2
Tax Paid -0.80-4.880.05-0.04-0.05-0.14-0.03-0.250.080.23
Cash Flow From Investing Activity -7.25-1.810.650.560.940.7716.2519.031.400.81
Capex -8.21-2.62-0.68-0.310.16-0.096.3418.991.290.63
Net Investments 0000009.79000
Others 0.960.811.320.870.790.860.120.050.110.19
Cash Flow From Financing Activity -23.02-15.51-24.311.29-0.90-25.25-9.50-2.386.42-2.40
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -2.33-7.28-7.10-0.78-0.78-0.72-0.72-0.4400
Interest Paid -9.76-9.50-7.36-6.97-6.94-6.79-4.26-2.94-2.30-2.40
Dividend Paid 0-0.5000000000
Others -10.941.77-9.859.046.82-17.74-4.5218.720
Net Cash Flow 0.060.020.090.520.41-1.080.34-0.230.35-0.52
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)8.44-4.88-8.83-20.56-29.45-53.13-139.18N/AN/AN/A
ROCE (%)15.325.222.14-4.04-7.35-12.76-37.78N/AN/AN/A
Asset Turnover Ratio1.771.551.51.181.511.450.450.380.050.12
PAT to CFO Conversion(x)5.45N/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days171816211712161653
Inventory Days80888210285821879221379
Payable Days4958527063621391931,9629,425

Eurotex Industries And Exports Ltd Stock News

Eurotex Industries And Exports Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Eurotex Inds.&Export on 10-Apr-2024 16:01 is ₹15.86.
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 10-Apr-2024 16:01 the market cap of Eurotex Inds.&Export stood at ₹13.96.
The latest P/E ratio of Eurotex Inds.&Export as of 10-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Eurotex Inds.&Export as of 10-Apr-2024 16:01 is -0.54.
The 52-week high of Eurotex Inds.&Export is ₹20.80 and the 52-week low is ₹8.77.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Eurotex Inds.&Export is ₹5.72 ( Cr.) .

About Eurotex Industries And Exports Ltd

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.
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