Suryavanshi Spinning Mills Ltd Stock Analysis

BSE: 514140 | NSE: SURYVANSPG | Textile - Spinning | Small Cap

BSE Share Price May 20, 18:01
18.35 1.60 (9.55%)

DeciZen - Make an Informed Decision on Suryavanshi Spg Mill

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FAQs

1. Is Suryavanshi Spinning Mills Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Suryavanshi Spinning Mills Ltd is a below average quality company.

2. Is Suryavanshi Spinning Mills Ltd undervalued or overvalued?

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

3. Is Suryavanshi Spinning Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Suryavanshi Spinning Mills 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 Suryavanshi Spg Mill:

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.
Suryavanshi Spinning Mills Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % -1.3%-4.9%4.1%7.1%-1%-21.3%-14.8%-10.3%-18.4%3%-
Value Creation Index -1.1-1.4-0.7-0.5-1.1NANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 27126811310610265.53320.125.943.351
YoY Gr. Rt. %--0.9%-57.9%-5.8%-4.3%-35.7%-49.6%-39.1%28.7%67.4%-
Adj EPS -6.9-10.8-0.20-8.5-26.1-11-6.9-12.3-1.4-0.1
YoY Gr. Rt. %-NANANA-85500%NANANANANA-
BVPS (₹) 32.72128.828.319.8-5.5-12.6-18.9-21.8-22.6-21.2
Adj Net Profit -9.2-14.4-0.10-4.2-12.8-5.4-3.4-6-0.70
Cash Flow from Ops. 29.519.913.7-6.75.91.74.52.5-0.94-
Debt/CF from Ops. 2.94.91.7-5.46.222.78.414.8-33.97.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -18.4%-15.7%9.5%67.4%
Adj EPS NANANANA
BVPS -196-202.700
Share Price 4% 11.4% 52.9% 107.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % -19.4-40.4-0.40.1-35.6-365.1121.44460.36.40.5
Op. Profit Mgn % 1.1-0.25.64.72.7-6.9-11.7-6-18.48.37.2
Net Profit Mgn % -3.4-5.4-0.10-4.1-19.6-16.3-16.9-23.3-1.6-0.1
Debt to Equity 23.51.62.63.8-14-6-4-2.8-2.6-
Working Cap Days 1371231797878103145188150980
Cash Conv. Cycle 61362418373817-19-9-200

Recent Performance Summary

Sales growth is good in last 4 quarters at 75.31%

Return on Equity has declined versus last 3 years average to 0.50%

Sales growth has been subdued in last 3 years 9.48%

Latest Financials - Suryavanshi Spinning Mills Ltd.

Standalone Consolidated
TTM EPS (₹) -0.1 -7.4
TTM Sales (₹ Cr.) 51.3 268
BVPS (₹.) -21.2 0
Reserves (₹ Cr.) -15 26
P/BV -0.87 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 8.67 / 26.00
All Time Low / High (₹) 1.35 / 220.00
Market Cap (₹ Cr.) 9
Equity (₹ Cr.) 4.9
Face Value (₹) 10
Industry PE 12.2

Management X-Ray of Suryavanshi Spg Mill :

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 Suryavanshi Spinning Mills Ltd

Suryavanshi Spinning Mills Ltd (SVSM) Group was started by B N Agarwal. Suryavanshi started its operations with spinning activity in 1978 with a spindle capacity of 1728 and steadily grown to a capacity of 100,000 by 2002. Over the years the management has acquired an in-depth knowledge on raw-material. They have also installed Evenness Tester Machine for testing of cotton for all parameters like strength, length of the fiber, etc.

By virtue of experience of more than two decades with the technical support of the latest machines available they select the best of raw-material for input in their plants. To meet all the parameters in terms of international standards the management kept on modernizing all its mills and the present equipment available is state-of-art machines in all the plants of the company.

The company has quality testing equipments to test all parameters. It manufactures quality yarn to suit all requirements. With a vision in mind the company has diversified in textile related activities and set up knitting and processing plant under the same management. They have also entered into manufacturing of fashionable garments in the year 1997.

Surryavanshi Group, with this integrated activity of manufacturing of yarn to readymade garments has become a deep layer in the textile industry in India and also adding its share to the exports. The products of the Company have greatly been accepted in the overseas markets and the accolades it has received are the obvious testimony of what the Group's vision is -- quality and reaching globally.

Product range of the company includes:

  • Grey yarn
  • Specialty yarn
  • Dyed yarn
  • Fabrics
  • Garment

The products of Surryavanshi are being exported to the countries like United States, Europe, Japan, China, Korea, Vietnam, Hong Kong, Bangladesh, Italy, Egypt, etc.

Achievements/ recognition:

  • Award for Good Housekeeping
  • Best Exporter Award, 1990-91
  • Best Exporter Award, 1991-92
  • Best Exporter Award, 1994-95
  • Vishweswara Industrial Award
  • Corporate Award, Share Business 1995
  • ISO-9002- Aliabad Unit - March 1998
  • ISO- 9002- Rajna Unit- 2001
  • ISO – 9002 - Bhongir Unit - June 2000
  • Appreciation of Outstanding Cotton Yarn Spinners in India,1999
  • Birla Award 1999-2000 - For Achieving Excellence of Cost Reduction by Birla Economic & Textile Research Foundation, New Delhi.
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