Shiva Texyarn Ltd Stock Analysis

BSE: 511108 | NSE: SHIVATEX | Textile - Spinning | Small Cap

BSE Share Price Jan 17, 18:01
259.30 8.80 (3.51%)

DeciZen - Make an Informed Decision on Shiva Texyarn

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Fair
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

10 Year X-Ray:

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%10%9.5%6.6%7%7.1%8.5%7.3%4.8%7.5%-
Value Creation Index NA-0.3-0.3-0.5-0.5-0.5-0.4-0.5-0.7-0.5-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 332419504465450383359354368341406
YoY Gr. Rt. %-26.3%20.4%-7.8%-3.3%-14.9%-6.2%-1.5%4.1%-7.4%-
Adj EPS -9.18.79.74.25.14.37.85.2-0.96.217.2
YoY Gr. Rt. %-NA11.5%-56.7%21.2%-15.9%82.2%-33.2%-116.7%NA-
BVPS (₹) 49.858.76769.973.675.483.486.485.795.4104.5
Adj Net Profit -19.618.720.99.1119.210.16.8-1.1822
Cash Flow from Ops. 102109-26.792.827.544.617.114.34168.7-
Debt/CF from Ops. 2.82.1-10.82.58.93.710.6144.51.8-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 0.3%-5.4%-1.7%-7.4%
Adj EPS NA3.9%-7.5%NA
BVPS 7.55.34.611.2
Share Price 28.6% -1.2% 9.6% 98.7%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % -16.71615.46.17.17.19.76.1-16.817.3
Op. Profit Mgn % 517.114.411.712.112.412.511.99.112.613.5
Net Profit Mgn % -5.94.54.122.42.42.81.9-0.32.35.5
Debt to Equity 2.71.821.51.51.71.71.81.710.4
Working Cap Days 194108118146135147139150146150116
Cash Conv. Cycle 12441537875786992968526

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 17.20%

Debt to equity has declined versus last 3 years average to 0.97

Sales growth is good in last 4 quarters at 31.17%

Sales growth has been subdued in last 3 years -1.70%

Net Profit has been subdued in last 3 years -7.49%

Latest Financials - Shiva Texyarn Ltd.

Standalone Consolidated
TTM EPS (₹) 17.2 11.6
TTM Sales (₹ Cr.) 406 559
BVPS (₹.) 104.5 0
Reserves (₹ Cr.) 122 162
P/BV 2.48 0.00
PE 15.05 22.55
From the Market
52 Week Low / High (₹) 120.55 / 289.00
All Time Low / High (₹) 3.05 / 655.00
Market Cap (₹ Cr.) 336
Equity (₹ Cr.) 13
Face Value (₹) 10
Industry PE 20.5

Management X-Ray:

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 Shiva Texyarn Ltd

Shiva Texyarn Limited incorporated on March 23, 2002, promoted by Dr. S. V. Balasubramaniam and carrying on the business of manufacturing of textile yarn was merged with Annamallai Finance Limited through a scheme of amalgamation. Annamalai Finance Private Limited was incorporated on May 28, 1980 and subsequently became a public company on November 25, 1985. The name of the company was changed to “Annamallai Finance Limited” on December 3, 1985. The company carried out the business as Non Banking Financial Company (NBFC). The company’s initial public offer was made in the year 1986 and the shares of the company were initially listed on the Bombay Stock Exchange and Madras Stock Exchange.The shares of the company got listed on National Stock exchange with effect from October 18, 1995. The company is currently engaged in the business of finance, windmill and textiles.

The company’s wind mills, with an installed capacity of 16.795 megawatts, produced 211.59 lakh units of wind electricity in 2009. The company has a 50% interest in a joint venture company, namely Bannari Amman Apparel.

The registered office of the company is situated at 252, Mettupalayam Road, Coimbatore, Tamil Nadu- 641043.

Business area of the company

The company is engaged in the manufacturing and marketing of cotton yarn and other textile products. Its business also includes wind power generations.

Business Divisions

  • Textile division
  • Wind mill division
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