1. Is Patspin India Ltd a good quality company?
Data is not available for this company.
2. Is Patspin India Ltd undervalued or overvalued?
The key valuation ratios of Patspin India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Patspin India Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Patspin India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||2.4%||9.6%||4.2%||9.9%||10.3%||4%||7.9%||-2%||-12%||1.7%||-|
|Value Creation Index ⓘ||-0.8||-0.3||-0.7||-0.3||-0.3||-0.7||-0.4||NA||NA||NA||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||32%||-9.1%||-10.5%||7.1%||-1.6%||4.9%||-28.3%||-62.3%||-3.2%||-|
|Adj EPS ⓘ||-4.1||2.3||-2.8||0.3||1.6||-3.7||-0.1||-7.5||-12||-4.3||-7.1|
|YoY Gr. Rt. %||-||NA||-222.3%||NA||462.1%||-327.6%||NA||NA||NA||NA||-|
|BVPS (₹) ⓘ||2.1||3.5||1.4||1.6||4.6||3.4||3.5||-4.5||-16.6||-20.3||-25.2|
|Adj Net Profit ⓘ||-12.8||7.1||-8.7||0.9||5||-11.5||-0.3||-23.3||-37.1||-13.4||-22|
|Cash Flow from Ops. ⓘ||31.1||35.3||75.2||65.2||47.1||47.7||37.6||51.2||-1||-0.9||-|
|Debt/CF from Ops. ⓘ||9.7||8.5||3.5||3.5||5.2||4.3||4.8||2.9||-165||-176.7||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||NA||-221.6%||NA||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||-46.5||24.9||-30.9||3.6||10.9||-17.9||-0.5||-50.7||-273.6||108.9||31|
|Op. Profit Mgn % ⓘ||6.5||10.2||5.5||9.8||9.7||5.7||6.7||0.1||-2||13.5||5.9|
|Net Profit Mgn % ⓘ||-2.8||1.2||-1.6||0.2||1||-2.2||-0.1||-5.9||-25||-9.3||-19.4|
|Debt to Equity ⓘ||12.4||9.6||10.5||9||17.4||19.9||16.6||-10.8||-3.2||-2.6||-|
|Working Cap Days ⓘ||126||106||109||101||93||99||93||91||118||78||36|
|Cash Conv. Cycle ⓘ||68||52||44||24||31||34||17||-7||-57||-39||0|
Return on Equity has increased versus last 3 years average to 31.00%
Sales growth has been subdued in last 3 years -36.07%
Sales growth is not so good in last 4 quarters at -22.74%
|TTM EPS (₹)||-7.1||-|
|TTM Sales (₹ Cr.)||112||-|
|BVPS (₹.) ⓘ||-25.2||-|
|Reserves (₹ Cr.) ⓘ||-109||-|
|From the Market|
|52 Week Low / High (₹)||5.72 / 15.40|
|All Time Low / High (₹)||3.25 / 45.00|
|Market Cap (₹ Cr.)||31.5|
|Equity (₹ Cr.)||30.9|
|Face Value (₹)||10|
|Industry PE ⓘ||11.5|
Patspin India was incorporated on September 20, 1991 as a public limited company under the Companies Act 1956 with its registered office at Cochin in the State of Kerala. The certificate for commencement of business was obtained on September 30, 1991. The company has been promoted by GTN Textiles Limited, Itochu Corporation Japan & Kerala State Industrial Development Corporation Ltd.
The company is manly engaged in manufacture and export of cotton yarn. The products include cotton yarn, processed yarn, knitted fabric, compact yarn and other speciality yarns.
The success of GTN spilled over to create a new story. The dream was given a new name- Patspin. One of the first EOU company in India. Housed in exotic ambience of an Italian villa. Driven by technology & advancements. About half the capacity dedicated to compact spinning.
Patspin India has an ISO 9002 certified 100 percent EOU yarn processing unit in Kerala which produces yarn that confirms to international standards.
Patspin had come out with a rights issue to finance the expansion of its capacity by 16,128 spindles which it did successfully in December 1996.
Product range of the company includes: