Kandagiri Spinning Mills Ltd - Stock Valuation and Financial Performance

BSE: 521242 | NSE: KANDAGIRI | Textile - Spinning | Small Cap

Kandagiri Spinning Mills Ltd Share Price

24.94 0.00 0.00%
as on 23-Feb'24 16:59

DeciZen - make an informed investing decision on Kandagiri Spg Mills

M-Cap below 100cr DeciZen not available

Kandagiri Spinning Mills stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
9.6 Cr.
52-wk low:
12
52-wk high:
25.6

Is Kandagiri Spinning Mills Ltd an attractive stock to invest in?

1. Is Kandagiri Spinning Mills Ltd a good quality company?

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

2. Is Kandagiri Spinning Mills Ltd undervalued or overvalued?

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

3. Is Kandagiri Spinning Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kandagiri Spinning Mills 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 Kandagiri Spg Mills:

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.
Kandagiri Spinning Mills 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 8.7%7.1%-1.5%-10.6%-5.6%-18.2%-35.3%2.9%10.6%27.4%-
Value Creation
Index
-0.4-0.5-1.1-1.8-1.4-2.3NANANA1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1941891457854.469.626.62.53.21.21
Sales YoY Gr.--2.2%-23.5%-46.1%-30.3%27.9%-61.8%-90.4%25.6%-61.4%-
Adj EPS 10.63.8-29.5-56.3-29.2-45.2-40.6-2.4-0.74-0.7
YoY Gr.--63.9%-867.2%NANANANANANANA-
BVPS (₹) 7478.249.596.56415.6-14.5-16.9-16.2-12.2-14.5
Adj Net
Profit
4.11.5-11.3-21.7-11.2-17.4-15.6-0.9-0.31.50
Cash Flow from Ops. 22.816.78.49-6.3-5.5-24.92.70.61.3-
Debt/CF from Ops. 45.210.97.5-9.4-9.4-0.65.424.710.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -43%-53.1%-64.1%-61.4%
Adj EPS -10.4%NANANA
BVPS-181.9%-171.8%NANA
Share Price -8.6% 3.8% 40.9% 19.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
8.52.9-24.8-56.1-36.4-113.5-7163.715.54.1-285.2
Op. Profit
Mgn %
13.411.36.4-8.2-8.4-10.5-34.9-18.4-8.7-20.1-4.6
Net Profit
Mgn %
2.10.8-7.8-27.8-20.7-25-58.8-36.9-8.1124.2-21.6
Debt to
Equity
3.22.94.81.82.48.6-2.8-2.2-2.3-3.1-
Working Cap
Days
11212917324825222937657726567329
Cash Conv.
Cycle
6669102157171100108-58-200-283-85

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.20%

Sales growth is good in last 4 quarters at 74.19%

Sales growth has been subdued in last 3 years -64.09%

Latest Financials - Kandagiri Spinning Mills Ltd.

Standalone Consolidated
TTM EPS (₹) -0.7 -1.8
TTM Sales (₹ Cr.) 1.2 1.2
BVPS (₹.) -14.5 -14.5
Reserves (₹ Cr.) -9 -9
P/BV -1.72 -1.72
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 12.00 / 25.55
All Time Low / High (₹) 3.60 / 134.90
Market Cap (₹ Cr.) 9.6
Equity (₹ Cr.) 3.9
Face Value (₹) 10
Industry PE 34.3

Management X-Ray of Kandagiri Spg Mills:

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 Kandagiri Spg Mills

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

Kandagiri Spinning Mills Ltd Stock News

Kandagiri Spinning Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kandagiri Spg Mills on 23-Feb-2024 16:59 is ₹24.94.
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-Feb-2024 16:59 the market cap of Kandagiri Spg Mills stood at ₹9.60.
The latest P/E ratio of Kandagiri Spg Mills as of 23-Feb-2024 16:59 is 0.00.
The latest P/B ratio of Kandagiri Spg Mills as of 23-Feb-2024 16:59 is -1.72.
The 52-week high of Kandagiri Spg Mills is ₹25.55 and the 52-week low is ₹12.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kandagiri Spg Mills is ₹1.23 ( Cr.) .

About Kandagiri Spinning Mills Ltd

Kandagiri Spinning Mills Limited was incorporated in 1976 by Sarvashri. S.P.Ratnam, S.P.Sambandam, S.P. Rajendran and K.R. Manicka Mudaliar who had been doyers in Textile Business at Salem. Due to their strenuous efforts over decades, the company has flowered into a major industrial concern presently boasting of a total spindleage of 50,588 and 336 OE Rotors in two units, first at Udayapatti, Salem (25,100 spindles) and another at Seshanchavadi (25,488 spindles).

There has been a continuous expansion and modernization at these units. The company manufactures Carded, Combed, Auto coned, TFO, Ring Doubled Yarn. It is making large profits and declaring sizeable dividends year after year.

The company went for Public Issue in January 1995 as a Premium Issue which was a roaring success; it was oversubscribed 9 times. The company’s paid up capital consists of 38, 49,250 shares of Rs. 10/- each. The company’s shares are listed in Mumbai, Chennai and Coimbatore Stock Exchanges.

Kandagiri Spinning Mills Limited is a significant member of the Sambandam Group of Companies. It strives for excellence in every sphere of its activities. Quality, best services, customer friendly and steady development are its policies. The company is committed to Corporate Governance in fulfilling its quest for achieving significant growth with profits. The award of ISO 9001:2000 & EMS 14001:2004 Accreditation to the company is a fitting testimony in this regard.

Product range of the company includes:

  • Single yarn - Weaving - Cared
  • Combed
  • Knitting - Carded
  • Compact Yarn 
  • Double Yarn - Ring Doubled - Carded 
  • Gassed Yarn - Combed
  • Open End 

Achievements/ recognition:

The ISO 9001:2000 & EMS 14001:2004 Accreditation

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