1. Is Sri Nachammai Cotton Mills Ltd a good quality company?
Data is not available for this company.
2. Is Sri Nachammai Cotton Mills Ltd undervalued or overvalued?
The key valuation ratios of Sri Nachammai Cotton Mills Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
3. Is Sri Nachammai Cotton Mills Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sri Nachammai Cotton Mills 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 % ⓘ||11.8%||6.9%||4.5%||1.5%||5.3%||4.9%||4.6%||4.3%||5%||10.5%||-|
|Value Creation Index ⓘ||-0.2||-0.5||-0.7||-0.9||-0.6||-0.7||-0.7||-0.7||-0.6||-0.3||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||21%||-11.2%||-6.7%||11.2%||-6.6%||1.6%||-10.1%||9.7%||29.7%||-|
|Adj EPS ⓘ||10.4||4.1||-1.7||-5.6||1.6||1.7||0.6||-2.4||1.3||13.8||13.4|
|YoY Gr. Rt. %||-||-61.1%||-141.2%||NA||NA||10.3%||-66.7%||-521.1%||NA||982.7%||-|
|BVPS (₹) ⓘ||6.5||12.6||7.6||3.7||4.4||52||52.4||49.7||51||64||65.7|
|Adj Net Profit ⓘ||4.5||1.7||-0.7||-2.4||0.7||0.7||0.2||-1||0.6||5.9||6|
|Cash Flow from Ops. ⓘ||7.2||8.6||4.7||9.7||10||-0.5||7.1||1.2||8.8||6.7||-|
|Debt/CF from Ops. ⓘ||9.7||8.7||14.4||8.9||6||-145.3||9||56.3||7.5||10.1||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||3.1%||54.7%||188.9%||982.7%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||27.9||9.1||-3.7||-10.5||4||3.8||1.1||-4.7||2.5||24||20.6|
|Op. Profit Mgn % ⓘ||10||6.8||5.9||4.7||5.4||4.1||3.8||4.7||4.2||6.8||6.7|
|Net Profit Mgn % ⓘ||3||1||-0.4||-1.6||0.4||0.5||0.2||-0.7||0.4||2.9||3|
|Debt to Equity ⓘ||3.9||3.7||3.7||4||3.6||2.9||2.9||3.1||3||2.5||0.9|
|Working Cap Days ⓘ||150||140||166||227||148||173||191||224||208||165||178|
|Cash Conv. Cycle ⓘ||123||110||131||193||131||152||164||191||166||140||91|
Return on Equity has increased versus last 3 years average to 20.60%
Net Profit is growing at healthy rate in last 3 years 188.94%
Debt to equity has declined versus last 3 years average to 2.48
Sales growth has been subdued in last 3 years 8.55%
Sales growth is not so good in last 4 quarters at 8.16%
|TTM EPS (₹)||13.4||-|
|TTM Sales (₹ Cr.)||193||-|
|BVPS (₹.) ⓘ||65.7||-|
|Reserves (₹ Cr.) ⓘ||24||-|
|From the Market|
|52 Week Low / High (₹)||35.15 / 71.00|
|All Time Low / High (₹)||3.00 / 71.00|
|Market Cap (₹ Cr.)||18.5|
|Equity (₹ Cr.)||4.3|
|Face Value (₹)||10|
|Industry PE ⓘ||11.5|
Sri Nachammai Cotton Mills Limited (SNCM) was incorporated in March 1980 as a wholly owned subsidiary of 'The Jawahar Mills Limited'. The assets of the Chettinad unit of the Jawahar Mills Limited, were transferred to SNCM in May 1980. A transfer deed for the transfer was executed and registered in March 1982. It ceased to be a subsidiary of The Jawahar Mills Limited with the allotment of the said 46,000 shares on 9.8.1982. In September 1984, the company issued 50,000 equity shares of Rs.10 each for cash at par to the existing shareholders as right shares. Since then, the company has made five bonus issues.
The company has been expanding and modernizing its plant over the years. All expansions and modernisation schemes completed so far has been funded from internal accruals and Long-term borrowings. It has expanded its spindlage from 16,120 spindles in 1980 to the present level of 43,448 spindles and 504 rotors.
The company's spinning mills are situated at Chettinad, Sivaganga district. The company has two units there. The company has taken another unit called 'C' Unit from M/s Supreme Yarn Spinners Limited, on lease from 5.5.1995, situated at Veeranam village, Salem. The company manufactures combed and carded cotton hosiery and hank yarn of counts ranging from 10s to 40s which are used by manufacturers to convert the same into fabric or garments for dyeing and export.
The company has issued 11,10,000 equity shares of Rs.10/- each at a premium of Rs.60 per share to the public in 1995.
The company has attained a sound financial footing with its good performance over years and is surging ahead towards better prospects every year.
Product manufactured by the company:
The company is a manufacturer of Combed and Carded Cotton Hosiery Yarn.
Sri Nachammai Cotton Mills Ltd ranked 900th in the BS 1000 listing of top Indian companies in terms of sales in 2002-2003.