Maris Spinners Ltd Stock Analysis

BSE: 531503 | NSE: | Textile - Spinning | Small Cap

BSE Share Price Jan 24, 13:03
87.25 -4.35 (-4.75%)

DeciZen - Make an Informed Decision on Maris Spinners

M-Cap below 100cr DeciZen not available

FAQ's

1. Is Maris Spinners Ltd a good quality company?

Data is not available for this company.

2. Is Maris Spinners Ltd undervalued or overvalued?

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

3. Is Maris Spinners Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Maris Spinners Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Maris Spinners:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % -0.1%12.2%13.4%11.8%10.6%8.8%7.1%9.6%1.9%15.4%-
Value Creation Index -1.0-0.1-0.0-0.2-0.3-0.4-0.5-0.3-0.90.1-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 92.7105116120105118122130122106139
YoY Gr. Rt. %-12.7%10.6%3.5%-12.4%12.3%3.8%6.3%-5.9%-13.3%-
Adj EPS -7.34.554.13.93.21.33-2.8822.7
YoY Gr. Rt. %-NA9.8%-18%-3.9%-16.9%-61.1%139.7%-191.1%NA-
BVPS (₹) 11.715.11921.924.72828.129.926.234.343.9
Adj Net Profit -63.74.13.33.22.712.5-2.36.618
Cash Flow from Ops. 20.418.813.317.710.621.710.8-1.511.80.6-
Debt/CF from Ops. 3.13.23.82.74.42.23.3-262.872.9-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 1.5%0.2%-4.6%-13.3%
Adj EPS NA15.6%85.5%NA
BVPS 12.76.86.931.2
Share Price - 22.8% 19.6% 414.7%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % -50.534.329.620.21712.54.610.6-9.92757.9
Op. Profit Mgn % 2.914.715.911.511.28.56.56.72.914.422.7
Net Profit Mgn % -6.53.53.52.832.30.81.9-1.86.212.9
Debt to Equity 6.753.32.82.32.11.61.61.61.60.4
Working Cap Days 182143160155167172182173160181109
Cash Conv. Cycle 1441031131091171029286859335

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 57.90%

Net Profit is growing at healthy rate in last 3 years 85.48%

Debt to equity has declined versus last 3 years average to 1.59

Sales growth is good in last 4 quarters at 95.63%

Sales growth has been subdued in last 3 years -4.62%

Latest Financials - Maris Spinners Ltd.

Standalone Consolidated
TTM EPS (₹) 22.7 -
TTM Sales (₹ Cr.) 139 -
BVPS (₹.) 43.9 -
Reserves (₹ Cr.) 27 -
P/BV 2.09 -
PE 4.04 -
From the Market
52 Week Low / High (₹) 16.65 / 102.80
All Time Low / High (₹) 0.15 / 102.80
Market Cap (₹ Cr.) 72.6
Equity (₹ Cr.) 7.9
Face Value (₹) 10
Industry PE 19

Management X-Ray of Maris Spinners :

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

Analyst's Notes

News

About Maris Spinners Ltd

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.

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