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Suryalata Spinning Mills Ltd. Stock Analysis

Small Cap
Evaluated by 124 users | BSE: 514138 | NSE: |
Textile - Spinning
Suryalata Spinning Mills, incorporated in 1983, was promoted by Vithaldas Agarwal and his family members.The company is a leading manufacturer and exporter of high quality yarns including polyester viscose yarn (Grey) (Single and Double), polyester viscose yarn (Dyed) (Single and Double), 100%...

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 9.75%19.67%6.71%9.17%9.81%11.11%8.76%8.03%7.32%10.32%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 170244253269350365354347361429
Y-o-Y Gr. Rt.-43.7%3.5%6.7%29.9%4.4%-3.2%-2%4.1%18.8%
Adjusted EPS (Rs.) 19.3760.9711.4522.124.2529.422.4820.518.4332.96
Y-o-Y Gr. Rt.-214.8%-81.2%93%9.7%21.2%-23.5%-8.8%-10.1%78.8%
Book Value per Share (Rs.) 52.58107.73116.04134.59155.23177.66198.82219.2237.15270.34
Adjusted Net Profit 6.319.94.28.18.912.69.68.87.914.1
Net Op. Cash Flow (Rs. Cr.) 1719.719.18.936.319.840.121.726.121.1
Debt to Cash Flow from Ops 5.194.674.4314.372.965.652.143.972.675.99
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.
Suryalata Spinning Mills Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 10.9%4.1%6.6%18.8%
Adjusted EPS 6.1%6.3%13.6%78.8%
Book Value per Share 2011.710.814
Share Price -0.1% -5.2% -14.7% -41.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 28.2858.418.9715.214.717.7211.459.528.0812.99
Operating Profit Margin (%) 12.0316.163.654.2546.098.117.226.849.12
Net Profit Margin (%) 3.738.171.663.012.543.432.712.522.183.28
Debt to Equity 3.592.151.692.251.671.450.950.920.691.1
Working Capital Days 82819091888784817565
Cash Conversion Cycle 48536158515050484541
Entity Percentage Holding
Promoters 70.36%
Institutions 0.02%
Non-Institutions 29.62%
Pledged *59.9659.9659.9659.9659.9659.9659.9659.9659.9659.96
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Suryalata Spg Mills's performance infers:

Suryalata Spg Mills earnings have grown by 6.3%, whereas share price has depreciated -5.2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Suryalata Spg Mills share prices over the last 10 years. Here is what we found out:

Suryalata Spg Mills share price has depreciated -3.7% annually over the past ten years.

Suryalata Spinning Mills, incorporated in 1983, was promoted by Vithaldas Agarwal and his family members.

The company is a leading manufacturer and exporter of high quality yarns including polyester viscose yarn (Grey) (Single and Double), polyester viscose yarn (Dyed) (Single and Double), 100% viscose yarn (Single and Double), 100% polyester yarn (single and double), and 100% polyester sewing threads (Single and Double).

The company’s yarns surpass others in the same

Suryalata Spinning Mills, incorporated in 1983, was promoted by Vithaldas Agarwal and his family members.

The company is a leading manufacturer and exporter of high quality yarns including polyester viscose yarn (Grey) (Single and Double), polyester viscose yarn (Dyed) (Single and Double), 100% viscose yarn (Single and Double), 100% polyester yarn (single and double), and 100% polyester sewing threads (Single and Double).

The company’s yarns surpass others in the same domain with their ISO certified manufacturing units of a total capacity of about 65,000 spindles.

The first unit situated at Kalwakurthy, Mahabubnagar District, Andhra Pradesh has an installed capacity of 36,000 spindles manufacturing counts ranging from 20s to 60s in various blends in synthetic yarn with a production capacity of 30 MTs per day.

The second unit situated at Ramtek, Nagpur, Maharashtra with a capacity of 29,000 spindles manufactures counts ranging from 20s to 40s polyester viscose-blended yarn with a production capacity of 25 MTs per day.

The company is setting up a third unit with a capacity of 20,000 spindles at Urkondapet, Mahabubnagar District, Andhra Pradesh.

Suryalata Spinning Mills is equipped with ultra-modern machinery like Trumac, L/R Chute Feed Blow Room, TFO/Volkman, DK780 & LC300A, LR Simplex Machine, LMW Textile Machinery, Auto Levelers Draw Frames from Rieter, LR Ring Frames G5/1 & L/R 6, and Murata Autocone Winders 21C & 7/V and Scholfhorst 23.

The company has goodwill in export markets of Italy, Turkey, Taiwan, Sri Lanka, Indonesia, Nigeria, Bangladesh and other European countries.

Product Range

  • Polyester Viscose Yarn (Grey) (Single and Double)
  • Polyester Viscose Yarn (Dyed) (Single and Double)
  • 100% Viscose Yarn (Single and Double)
  • 100% Polyester Yarn (Single and Double)
  • 100% Polyester Sewing Threads (Single and Double)
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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