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Maris Spinners Ltd. Stock Analysis

Small Cap
Evaluated by 22 users | BSE: 531503 | NSE: |
Textile - Spinning
Maris Spinners was originally incorporated as a Private Limited Company on September 18, 1979. The company became a deemed Public Limited Company under section 43A (1A) of the Companies Act, 1956 from July 1, 1994. Consequently the name of the company was changed to Maris Spinners Limited by...

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 4.95%7.88%-0.14%12.21%13.4%11.8%10.55%8.79%7.05%9.57%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 65.391.292.7105116120105118122130
Y-o-Y Gr. Rt.-39.7%1.6%12.7%10.6%3.5%-12.4%12.3%3.8%6.3%
Adjusted EPS (Rs.) -0.033.2-7.324.514.954.063.93.241.263.01
Y-o-Y Gr. Rt.-NA-328.8%NA9.8%-18%-3.9%-16.9%-61.1%138.9%
Book Value per Share (Rs.) 8.4417.8611.6815.1118.9921.9124.6827.9728.0629.93
Adjusted Net Profit 02.6-63.74.13.33.22.712.5
Net Op. Cash Flow (Rs. Cr.) 1.6-9.420.418.813.317.710.621.710.8-1.5
Debt to Cash Flow from Ops 25.55-7.933.073.23.822.734.392.173.33-26.02
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.
Maris Spinners Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 7.9%2.4%7.4%6.3%
Adjusted EPS NA-9.5%-8.3%138.9%
Book Value per Share 15.19.56.66.7
Share Price - - -9.6% -61.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) -0.3124.8-50.5334.2829.6120.2217.0412.524.5810.54
Operating Profit Margin (%) 14.9216.282.8614.7115.8511.4711.228.496.536.68
Net Profit Margin (%) -0.032.86-6.453.523.52.773.042.250.841.89
Debt to Equity 6.075.196.74.973.342.762.342.091.61.64
Working Capital Days 147174182143160155167172182173
Cash Conversion Cycle 881361441031131091171029286
Entity Percentage Holding
Promoters 71.98%
Institutions 7.43%
Non-Institutions 20.58%
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.

Data is not available for this company.

Data is not available for this company

Maris Spinners was originally incorporated as a Private Limited Company on September 18, 1979. The company became a deemed Public Limited Company under section 43A (1A) of the Companies Act, 1956 from July 1, 1994. Consequently the name of the company was changed to Maris Spinners Limited by deleting the word Private, and a fresh certificate of incorporation was issued on February 9, 1995.

The Company commenced commercial production in 1981 with an installed capacity of 11,856 spindles.

Maris Spinners was originally incorporated as a Private Limited Company on September 18, 1979. The company became a deemed Public Limited Company under section 43A (1A) of the Companies Act, 1956 from July 1, 1994. Consequently the name of the company was changed to Maris Spinners Limited by deleting the word Private, and a fresh certificate of incorporation was issued on February 9, 1995.

The Company commenced commercial production in 1981 with an installed capacity of 11,856 spindles. Since its inception, the Company has undertaken regular expansion and modernization programmes to increase capacity and productivity. The present capacity of the spinning unit is 24,672 spindles.

The company presently manufactures 100% cotton carded yarn of counts 30s, and 40s for weaving, knitting and handlooms. The Company's spinning unit is located in Kattemalalavadi village, Hunsur taluk, Mysore District, Karnataka. Maria Spinners has a sound track record of productivity, and has been producing high quality yarn for the domestic market.

The registered office of the company is located at 11, Cathedral Road, Chennai-600086

Business area of the company

The company is engaged in manufacturing of 100% cotton carded yarn for weaving, knitting and handlooms.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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