Thambbi Modern Spinning Mills Ltd (514484) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 514484 | NSE: | Textile - Spinning | Small Cap

Thambbi Modern Spg Share Price

20.61 0.00 0.00%
as on 26-Feb'24 16:59

DeciZen - make an informed investing decision on Thambbi Modern Spg

Based on:

M-Cap below 100cr DeciZen not available

Thambbi Modern Spinning Mills stock performance -

Key Ratios
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P/E Ratio (SA):
0.00
Market Cap:
23.8 Cr.
52-wk low:
19.6
52-wk high:
20.6

Is an attractive stock to invest in?

1. Is a good quality company?

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

2. Is undervalued or overvalued?

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

3. Is a good buy now?

No data found

10 Year X-Ray of Thambbi Modern Spg:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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.
Thambbi Modern 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 1.9%1.3%-2.1%-1.7%-1.4%4.3%-28.3%-3.1%12.4%13.5%-
Value Creation
Index
-0.9-0.9-1.2NANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 21.82.22.51.91.72.22.93.13.33
Sales YoY Gr.--11.4%22.9%12.7%-23%-12.6%32.3%31.7%6.5%7.1%-
Adj EPS -0.2-13.7-1.8-3-3-2.9-5-1.9-0.7-0.7-1
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 17.742.1-0.7-3.6-5.9-12.8-5.1-5.6-6.4-5.5
Adj Net
Profit
-0.1-10.2-1.3-2.2-2.2-2.2-3.7-2.2-0.8-0.8-1
Cash Flow from Ops. 10.42.91.6-0.1-1.52.71.91.9-1.3-
Debt/CF from Ops. 3.515.93.46.9-148.5-11.97.17.47.6-13.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.7%11.7%14.5%7.1%
Adj EPS NANANANA
BVPS-189.3%NANANA
Share Price 16.8% 28.1% 13.8% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-1-126.5-58.8-417.9136.261.453.828.412.611.216.2
Op. Profit
Mgn %
15.717.24.17.424.127.1-30.21139.753.931.1
Net Profit
Mgn %
-6.7-566.8-60.6-90.3-114.1-129.5-167.7-74.9-25.2-23.3-36.3
Debt to
Equity
0.32.26-22-5.4-4.1-2-2.4-2.2-2.3-
Working Cap
Days
78380764253965275641113885103113
Cash Conv.
Cycle
41339930229844952464-160-4942-54

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Thambbi Modern Spinning Mills Ltd.

Standalone Consolidated
TTM EPS (₹) -1 -1.2
TTM Sales (₹ Cr.) 3.1 2.2
BVPS (₹.) -5.5 0
Reserves (₹ Cr.) -18 -4
P/BV -3.73 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 19.64 / 20.62
All Time Low / High (₹) 0.78 / 42.78
Market Cap (₹ Cr.) 23.8
Equity (₹ Cr.) 11.5
Face Value (₹) 10
Industry PE 19.7

Management X-Ray of Thambbi Modern Spg:

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 (%)

Valuation of Thambbi Modern Spg - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Key Ratios of Thambbi Modern Spg

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales2.021.792.202.481.911.672.212.913.103.32
Operating Expenses 1.731.482.112.301.451.223.152.591.871.53
Manufacturing Costs0.870.330.310.550.320.390.520.690.580.33
Material Costs000.550.40000000
Employee Cost 0.340.340.710.760.580.430.420.670.610.67
Other Costs 0.520.820.540.590.550.392.211.230.670.53
Operating Profit 0.290.310.090.180.460.45-0.940.321.231.79
Operating Profit Margin (%) 14.3%17.2%4.1%7.4%24.1%27.1%-42.3%11.0%39.7%53.9%
Other Income 0.270.0900.030.010.810.020.040.020.02
Interest 0.430.671.151.671.821.691.781.741.521.80
Depreciation 0.300.230.270.600.630.650.600.540.580.55
Exceptional Items 0.040-0.050.210-0.07-1.73-0.090.30-0.11
Profit Before Tax -0.13-0.50-1.37-1.85-1.98-1.14-5.03-2.01-0.55-0.64
Tax 09.6600.240.210.500.070.230.020.21
Profit After Tax -0.13-10.15-1.37-2.10-2.18-1.65-5.10-2.24-0.57-0.85
PAT Margin (%) -6.3%-566.0%-62.1%-84.4%-114.0%-98.7%-230.0%-77.1%-18.3%-25.7%
Adjusted EPS (₹)-0.2-13.7-1.9-2.8-3.0-2.2-6.9-2.0-0.5-0.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 13.102.951.58-0.51-2.69-4.34-9.44-5.92-6.49-7.35
Share Capital 5.765.765.765.765.765.765.7611.5311.5311.53
Reserves 7.34-2.81-4.18-6.27-8.46-10.10-15.21-17.45-18.02-18.87
Minority Interest0000000000
Debt3.625.969.3210.8314.011718.0113.2113.0516.41
Long Term Debt3.625.969.3210.8314.011718.0113.2113.0516.41
Short Term Debt0000000000
Trade Payables0.140.370.620.180.070.111.770.760.050
Others Liabilities -8.490.823.695.084.152.804.316.357.415.13
Total Liabilities 8.3710.1115.2115.5815.5415.5614.6314.3914.0214.19

Fixed Assets

Gross Block7.867.8513.4316.7616.7617.7316.9219.0119.0120.24
Accumulated Depreciation4.103.994.264.865.496.016.136.677.257.80
Net Fixed Assets 3.763.869.1711.9011.2711.7210.7812.3411.7612.44
CWIP 02.211.8300.5501.990.171.090.26
Investments 000.010000000
Inventories0000000000
Trade Receivables2.502.432.392.492.532.470.930.250.270.60
Cash Equivalents 0.500.230.270.270.290.370.361.170.420.36
Others Assets 1.611.381.540.920.911.010.580.450.480.53
Total Assets 8.3710.1115.2115.5815.5415.5614.6314.3914.0214.19

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 1.040.402.851.63-0.10-1.492.671.911.85-1.25
PBT -0.13-0.50-1.32-2.06-1.98-1.14-5.03-2.01-0.55-0.64
Adjustment 0.570.771.172.462.361.522.642.312.112.32
Changes in Working Capital 0.590.6631.23-0.49-1.915.11.540.33-2.91
Tax Paid 0-0.53000.010.04-0.040.06-0.04-0.01
Cash Flow From Investing Activity 0.27-2.45-5.21-1.48-0.540.27-1.90-0.32-0.93-0.37
Capex 0-2.53-5.20-1.50-0.550.25-1.92-0.28-0.92-0.39
Net Investments 00-0.010.01000000
Others 0.270.0900.010.010.010.02-0.03-0.010.02
Cash Flow From Financing Activity -0.961.772.40-0.150.651.30-0.78-0.78-1.681.56
Net Proceeds from Shares 00000005.7600
Net Proceeds from Borrowing 02.343.361.512.402.981.01-4.80-0.153.35
Interest Paid 0.43-0.63-0.95-1.66-1.74-1.68-1.78-1.74-1.52-1.80
Dividend Paid 0000000000
Others -1.390.060000000-0
Net Cash Flow 0.35-0.270.04-00.020.08-0.010.81-0.75-0.06

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-0.97-126.46-60.27N/AN/AN/AN/AN/AN/AN/A
ROCE (%)1.861.3-2.14N/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.250.190.170.160.120.110.150.20.220.24
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days484502400359479546280743048
Inventory Days0000000000
Payable Days00329365000000

Thambbi Modern Spinning Mills Ltd Stock News

Thambbi Modern Spinning Mills Ltd FAQs

The current trading price of Thambbi Modern Spg on 26-Feb-2024 16:59 is ₹20.61.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Feb-2024 the market cap of Thambbi Modern Spg stood at ₹23.75.
The latest P/E ratio of Thambbi Modern Spg as of 25-Feb-2024 is 0.00.
The latest P/B ratio of Thambbi Modern Spg as of 25-Feb-2024 is -3.73.
The 52-week high of Thambbi Modern Spg is ₹20.62 and the 52-week low is ₹19.64.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Thambbi Modern Spg is ₹3.05 ( Cr.) .

About Thambbi Modern Spinning Mills Ltd

Thambbi Modern Spinning Mills (TMSL) was incorporated as a Private Limited Company in 1977 with the object of taking over the business of ‘Thambi Modern Spinners’ a partnership firm in existence from 1973. TMSL was originally promoted by N.Ramasamy Udayar. Udayar has also promoted various textile and other industries in and around Salem.

During 1978, the partnership firm was dissolved and the entire assets and liabilities of the firm were taken over by TMSL. The Company became a full fledged Public Limited Company on March 11, 1994 and the name of the Company was changed to Thambbi Modern Spinning Mills Limited on May 6, 1994.

Thambbi Brand Melange is the top / dope dyed yarn spun with advanced technology of yarn - dyeing and spinning.

The Company is an established unit having a wide network of outlets all over the country through its brokers. It also has a share in the export market and about 50% of its yarn is being exported to foreign countries. The Directorate General of Foreign Trade, Ministry of Commerce, Government of India has recognised the Company as a Registered Export House.

Product range of the company includes:

  • Ring Spun
  • Blended Yarn
  • Fancy Yarn
  • Processed Yarns
  • Rotor Spun Yarn (Open End)

Clientele:The Company exports its yarn directly to various textile manufactures in Europe, Israel and Turkey, UK, Colombia, Mouritius, and Bangladesh who are supplying garments to well-known departmental chains in Europe with acclaimed international quality standards such as

  • Marks & Spencers - UK
  • Hema - Holland
  • Playtex - Europe
  • Seidensticker - Germany
  • Carrefour - France
  • Pryca - Spain
  • Victoria Secret - USA

Achievements/ recognition:

  • Certified with  ISO 9001-2000
  • Government of India has recognised the Company as a Registered Export House.
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