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Katare Spinning Mills Ltd. Stock Analysis

Small Cap
Evaluated by 35 users | BSE: 502933 | NSE: |
Textile - Spinning
Katare Spinning Mills, incorporated in the year 1980. The company manufactures textiles. It engages in spinning and cotton blending operations. Katare Spinning Mills offers cotton and synthetic yarn and is based in Solapur, India.Milestones:1980 -- The company was incorporated on...

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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 5.98%8.97%0.5%7.23%3.16%3.48%1.49%-1.27%-1.98%6.12%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 35.148.142.14136.435.632.935.632.432
Y-o-Y Gr. Rt.-36.9%-12.5%-2.7%-11.1%-2.2%-7.5%8.1%-8.9%-1.3%
Adjusted EPS (Rs.) 2.795.56-2.951.54-2.720.21-6.01-9.17-10.40.02
Y-o-Y Gr. Rt.-99.3%-153.1%NA-276.6%NA-2961.9%NANANA
Book Value per Share (Rs.) 25.4431.0828.1323.4322.8317.3116.126.95-3.28-2.94
Adjusted Net Profit 0.81.6-0.80.4-0.80.1-1.7-2.6-30
Net Op. Cash Flow (Rs. Cr.) -0.21.8-4.30.3-7.22-0.92.40.12.4
Debt to Cash Flow from Ops -47.794.85-2.5958.95-2.9413.69-28.6912.16564.6413.73
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.
Katare Spinning Mills Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -1%-2.5%-1%-1.3%
Adjusted EPS -42.2%NANANA
Book Value per Share -178.7-166.4-156.70
Share Price -2% -2.9% -3.1% -10.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 4.719.33-5.213.13-6.090.51-16.08-28.89-47.190.13
Operating Profit Margin (%) 4.946.581.35.965.4-0.851.350.02-0.06-0.97
Net Profit Margin (%) 2.273.3-21.07-2.130.17-5.2-7.34-9.150.02
Debt to Equity 1.191.011.392.243.275.515.514.57-33.62-39.61
Working Capital Days 1017895122149148171161168154
Cash Conversion Cycle 617252215151551022
Entity Percentage Holding
Promoters 47.73%
Institutions 0.28%
Non-Institutions 51.99%
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 Katare Spinning Mills Ltd.'s performance infers:

Katare Spinning Mills Ltd. earnings have grown by 0%, whereas share price has depreciated -2.9% 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 Katare Spinning Mills Ltd. share prices over the last 10 years. Here is what we found out:

Katare Spinning Mills Ltd. share price has depreciated -4.9% annually over the past ten years.

Katare Spinning Mills, incorporated in the year 1980. The company manufactures textiles. It engages in spinning and cotton blending operations. Katare Spinning Mills offers cotton and synthetic yarn and is based in Solapur, India.

Milestones:

1980 -- The company was incorporated on August 8, at Solapur in Maharashtra. It was promoted by Tulsidas T Katare and members of his family. The company manufactures cotton yarn. It set up a spinning mill with an

Katare Spinning Mills, incorporated in the year 1980. The company manufactures textiles. It engages in spinning and cotton blending operations. Katare Spinning Mills offers cotton and synthetic yarn and is based in Solapur, India.

Milestones:

1980 -- The company was incorporated on August 8, at Solapur in Maharashtra. It was promoted by Tulsidas T Katare and members of his family. The company manufactures cotton yarn. It set up a spinning mill with an installed capacity of 25,088 spindles at Tamalwadi, Dist. Osmanabad for the manufacture of cotton yarn of count 20s and 2/20s.

1983 -- By January, 6,000 spindles were installed. The balance spindleage was commissioned in April 1984. The company set up a new spinning unit with 12,500 spindles for the manufacture of synthetic yarn. This unit was set up adjacent to the existing unit at Tamalwadi.

1987 -- The company entered into an agreement to purchase land within city limits of Solapur to set up a hotel and the financial institutions agreed to finance the project.

1990 -- 7,168 spindles were installed and commissioned. The balance spindles were installed during 1991-92.

1995 -- The knitting unit was established.  In order to put the captive use of quality yarn produced by the company, it was proposed to set up cotton yarn knitting unit in the adjacent premises of the existing factory.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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