Girnar Spintex Industries Ltd - Stock Valuation and Financial Performance

BSE: 521076 | NSE: ASIL | Textile - Spinning | Small Cap

BSE Share Price
Not Listed

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Girnar Spintex Industries stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
0.3 Cr.
52-wk low:
0.7
52-wk high:
0.7

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Girnar Spintex Inds.:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -40.5%-287%472.8%59.1%37.3%31%-6.7%6.2%16.5%-4.4%-
Value Creation
Index
NANANANANANANA-0.60.2NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 26.432.10.40.20039.546.711578.178
Sales YoY Gr.-21.5%-98.8%-59%-100%NANA18.3%147.4%-32.3%-
Adj EPS -2.3-5.9-3.7-2.4-3.9-1.3-1.64.829.5-16.7-16.7
YoY Gr.-NANANANANANANA514.8%-156.7%-
BVPS (₹) -12.5-13.8-17.5-20.7-29.6-0.9-3.4-26.81.7-14.7-263.9
Adj Net
Profit
-9.6-24.1-15-10-16.2-5.5-6.6212.1-6.9-7
Cash Flow from Ops. 8.13.2240-94.4-2.23.310.50.7-
Debt/CF from Ops. 7.619.230.615.2-3637.8-0.4-21.214.64.371-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.8%NA25.6%-32.3%
Adj EPS NANANA-156.7%
BVPSNANANA-956.7%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
20.644.523.412.815.78.8-44.75.426.4-14.312
Op. Profit
Mgn %
-6.2-26.4-2177.5-3641.5003.415.214.4-1.8-1
Net Profit
Mgn %
-36.5-75.3-3856.7-6338.500-16.84.210.5-8.8-8.8
Debt to
Equity
-1.2-1.1-0.9-0.7-0.5-8.8-3.4-4.463.7-8.40.6
Working Cap
Days
42036631,85071,460005289528864
Cash Conv.
Cycle
-333-332-636-1,394001263266-71

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Girnar Spintex Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -16.7 -
TTM Sales (₹ Cr.) 78.1 -
BVPS (₹.) -263.9 -
Reserves (₹ Cr.) -111 -
P/BV 0.00 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.69 / 0.69
All Time Low / High (₹) 0.36 / 27.50
Market Cap (₹ Cr.) 0.3
Equity (₹ Cr.) 2.1
Face Value (₹) 5
Industry PE 31.9

Management X-Ray of Girnar Spintex Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.0039.240.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Girnar Spintex Inds.

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
Sales26.3932.060.390.160039.4646.67115.4678.12
Operating Expenses 28.0340.528.885.934.211.2938.1139.7399.0379.52
Manufacturing Costs17.3310.620.280.320.43-0.108.097.2411.159.86
Material Costs0.0218.640.460.150026.1427.3581.0763.82
Employee Cost 9.6210.055.363.603.160.140.791.172.472.40
Other Costs 1.061.222.781.870.621.253.093.964.353.44
Operating Profit -1.64-8.47-8.49-5.77-4.21-1.291.356.9416.43-1.40
Operating Profit Margin (%) -6.2%-26.4%-2,177.5%-3,641.5%--3.4%14.9%14.2%-1.8%
Other Income 0.090.040.020.01000.071.111.750.24
Interest 3.973.473.090.020.861.324.154.634.413.81
Depreciation 4.103.443.472.972.702.782.521.551.731.92
Exceptional Items 000-4.31-28.85-1.68-4.59000
Profit Before Tax -9.62-15.33-15.03-13.06-36.62-7.08-9.831.8712.04-6.88
Tax 08.7800000000
Profit After Tax -9.62-24.12-15.03-13.06-36.62-7.08-9.831.8712.04-6.88
PAT Margin (%) -36.5%-75.2%-3,856.2%-8,244.4%---24.9%4.0%10.4%-8.8%
Adjusted EPS (₹)-2.3-5.9-3.7-3.2-8.9-1.7-2.44.629.2-16.7
Dividend Payout Ratio (%)0%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 -51.44-56.86-71.90-85.12-121.74-3.8733.4636.2047.6640.64
Share Capital 20.5820.5820.5820.5820.5820.5820.582.062.062.06
Reserves -72.03-77.45-92.48-105.71-142.33-24.4612.8834.1445.6038.58
Minority Interest0000000000
Debt56.3955.6752.3248.2548.5134.2044.6543.8237.9643.83
Long Term Debt45.0840.7235.9232.0132.0134.2033.7330.8826.8822.83
Short Term Debt11.3114.9516.4016.2416.50010.9212.9411.0820.99
Trade Payables33.6749.7756.2565.0365.341.174.914.292.761.90
Others Liabilities 16.0128.7934.3736.6139.890.953.1510.2812.5613.37
Total Liabilities 54.6277.3671.0464.773232.4486.1794.59100.9399.74

Fixed Assets

Gross Block100.19100.94100.94100.9497.7160.6075.6979.3280.1180.66
Accumulated Depreciation74.4859.2262.6965.6566.3131.310000
Net Fixed Assets25.7041.7238.2635.2931.4029.2975.6979.3280.1180.66
CWIP 0000000000
Investments 0000000000
Inventories0.591.010.280.2900.354.746.1710.377.97
Trade Receivables0.670.800.830001.395.428.338.11
Cash Equivalents 0.160.170.2200.241.040.860.900.230.24
Others Assets27.5033.6631.4529.190.361.753.492.781.902.76
Total Assets 54.6277.3671.0464.773232.4486.1794.59100.9399.74

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 8.103.222.024.03-0.02-94.44-2.193.3110.460.72
PBT -9.62-15.33-15.03-13.22-36.62-7.08-9.831.8712.04-6.73
Adjustment 8.266.558.10-0.1535.834.9915.766.266.235.68
Changes in Working Capital 9.3111.778.9417.40.77-90.67-3.53-4.82-7.811.77
Tax Paid 0.150.240.010000000
Cash Flow From Investing Activity -0.55-0.720.010.010-1.20-6.10-5.35-3.42-3.11
Capex -0.63-0.76000-1.20-6.20-5.40-3.23-2.75
Net Investments 0000000000
Others 0.080.040.010.01000.090.05-0.19-0.36
Cash Flow From Financing Activity -7.46-2.49-1.98-4.090.2696.448.112.08-7.702.40
Net Proceeds from Shares 00000001.4500
Net Proceeds from Borrowing 000-3.910-32.59-0.47-2.84-4.01-4.04
Interest Paid -4.20-2.49-1.87-0.0200-4.14-4.62-4.40-3.80
Dividend Paid 0000000000
Others -3.260-0.11-0.160.26129.0312.728.090.7110.25
Net Cash Flow 0.090.010.05-0.050.240.80-0.180.04-0.670
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/A0000
ROCE (%)N/AN/AN/AN/AN/AN/A-18.0617.6136.26-6.26
Asset Turnover Ratio0.460.490.010000.70.541.260.82
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/A1.770.87N/A
Working Capital Days
Receivable Days1487649580012252037
Inventory Days1296046580022412441
Payable Days0817000042611613

Girnar Spintex Industries Ltd Stock News

Girnar Spintex Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Girnar Spintex Inds. on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Girnar Spintex Inds. stood at ₹0.33.
The latest P/E ratio of Girnar Spintex Inds. as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Girnar Spintex Inds. as of 01-Jan-1970 05:30 is 0.00.
The 52-week high of Girnar Spintex Inds. is ₹0.69 and the 52-week low is ₹0.69.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Girnar Spintex Inds. is ₹78.12 ( Cr.) .

About Girnar Spintex Industries Ltd

Amit Spinning Industries  is engaged in the manufacture of cotton yarn. The company’s manufacturing plant located at Kolhapur. The company’s holding company is Spentex Industries. As of March 31, 2010, the company had installed capacity to produce 30,672 spindles of cotton yarn and had four knitting machines. During the fiscal year ended March 31, 2010 (fiscal 2010), the company produced and sold 5,090,209 kilograms and 5,084,622 kilograms of cotton yarn, respectively. During fiscal 2010, the company purchased and sold 30,827 kilograms of cotton yarn. During fiscal 2010, the company produced and sold 1,962,829 kilograms and 1,963,163 kilograms of cotton waste, respectively.

The company’s vision is to become a world class organization and therefore. In order to make the Company a learning organization, shared vision, systems thinking, an atmosphere of participative and reflective openness, team learning and personal mastery are necessary. A comprehensive programme encompassing to instill each one of these disciplines has been launched, under which all levels of employees have been included and they are being given adequate training for the same. The registered office of the company is located at A - 60,Okhla Industrial Area, Phase- 2 New Delhi.

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