Thambbi Modern Spinning Mills Ltd - Stock Valuation and Financial Performance

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

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Thambbi Modern Spinning Mills stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
23.8 Cr.
52-wk low:
14
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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -5.8%-3.6%1%-74.2%-5.2%-9.8%-8.1%-7.7%-21.4%-10.9%-
Value Creation
Index
-1.4-1.3-0.9-6.3-1.4NANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1.32.521.82.22.51.91.72.22.93
Sales YoY Gr.-86.4%-17.9%-11.4%22.9%12.7%-23%-12.6%32.3%31.7%-
Adj EPS -1.6-1.2-0.2-13.7-1.8-3-3-2.9-5-1.9-1
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 19.117.917.742.1-0.7-3.6-5.9-12.8-5.1-5.5
Adj Net
Profit
-1.2-0.9-0.1-10.2-1.3-2.2-2.2-2.2-3.7-2.2-1
Cash Flow from Ops. -4.9-0.610.42.91.6-0.1-1.52.71.9-
Debt/CF from Ops. -0.4-4.33.515.93.46.9-148.5-11.97.17.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.2%5.8%15.1%31.7%
Adj EPS NANANANA
BVPS-186.4%-219.2%NANA
Share Price 13.6% 29.4% 50.6% 47.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-9.1-6.4-1-126.5-58.8-417.9136.261.453.828.418
Op. Profit
Mgn %
-145.2-1.815.717.24.17.424.127.1-30.21131.1
Net Profit
Mgn %
-87.8-35.7-6.7-566.8-60.6-90.3-114.1-129.5-167.7-74.9-36.3
Debt to
Equity
0.10.20.32.26-22-5.4-4.1-2-2.4-
Working Cap
Days
1,258656783807642539652756411138113
Cash Conv.
Cycle
56334141339930229844952464-160-54

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 (₹) 13.99 / 20.62
All Time Low / High (₹) 0.78 / 42.78
Market Cap (₹ Cr.) 23.8
Equity (₹ Cr.) 11.5
Face Value (₹) 10
Industry PE 29.1

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Thambbi Modern Spg

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1.322.462.021.792.202.481.911.672.212.91
Operating Expenses 4.662.671.731.482.112.301.451.223.152.59
Manufacturing Costs0.330.870.870.330.310.550.320.390.520.69
Material Costs0.360.97000.550.400000
Employee Cost 1.160.340.340.340.710.760.580.430.420.67
Other Costs 2.820.490.520.820.540.590.550.392.211.23
Operating Profit -3.34-0.200.290.310.090.180.460.45-0.940.32
Operating Profit Margin (%) -253.0%-8.2%14.3%17.2%4.1%7.4%24.1%27.1%-42.3%11.0%
Other Income 2.160.020.270.0900.030.010.810.020.04
Interest 0.250.430.430.671.151.671.821.691.781.74
Depreciation 0.770.400.300.230.270.600.630.650.600.54
Exceptional Items 0.120.110.040-0.050.210-0.07-1.73-0.09
Profit Before Tax -2.07-0.91-0.13-0.50-1.37-1.85-1.98-1.14-5.03-2.01
Tax 0009.6600.240.210.500.070.23
Profit After Tax -2.07-0.91-0.13-10.15-1.37-2.10-2.18-1.65-5.10-2.24
PAT Margin (%) -157.0%-37.0%-6.3%-566.0%-62.1%-84.4%-114.0%-98.7%-230.0%-77.1%
Adjusted EPS (₹)-2.8-1.2-0.2-13.7-1.9-2.8-3.0-2.2-6.9-2.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 14.1513.2313.102.951.58-0.51-2.69-4.34-9.44-5.92
Share Capital 5.765.765.765.765.765.765.765.765.7611.53
Reserves 8.387.477.34-2.81-4.18-6.27-8.46-10.10-15.21-17.45
Minority Interest0000000000
Debt22.533.625.969.3210.8314.011718.0113.21
Long Term Debt02.533.625.969.3210.8314.011718.0113.21
Short Term Debt2000000000
Trade Payables0.900.450.140.370.620.180.070.111.770.76
Others Liabilities -8.82-8.24-8.490.823.695.084.152.804.316.35
Total Liabilities 8.237.988.3710.1115.2115.5815.5415.5614.6314.39

Fixed Assets

Gross Block10.567.697.867.8513.4316.7616.7617.7316.9219.01
Accumulated Depreciation6.994.424.103.994.264.865.496.016.136.67
Net Fixed Assets3.573.283.763.869.1711.9011.2711.7210.7812.34
CWIP 0002.211.8300.5501.990.17
Investments 00000.0100000
Inventories0.21000000000
Trade Receivables2.892.862.502.432.392.492.532.470.930.25
Cash Equivalents 0.350.160.500.230.270.270.290.370.361.17
Others Assets1.201.691.611.381.540.920.911.010.580.45
Total Assets 8.237.988.3710.1115.2115.5815.5415.5614.6314.39

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -4.92-0.591.040.402.851.63-0.10-1.492.671.91
PBT -2.03-0.91-0.13-0.50-1.32-2.06-1.98-1.14-5.03-2.01
Adjustment -0.080.390.570.771.172.462.361.522.642.31
Changes in Working Capital -2.65-0.070.590.6631.23-0.49-1.915.11.54
Tax Paid 000-0.53000.010.04-0.040.06
Cash Flow From Investing Activity 0.960.120.27-2.45-5.21-1.48-0.540.27-1.90-0.32
Capex 00.110-2.53-5.20-1.50-0.550.25-1.92-0.28
Net Investments 0000-0.010.010000
Others 0.960.020.270.0900.010.010.010.02-0.03
Cash Flow From Financing Activity 1.810.27-0.961.772.40-0.150.651.30-0.78-0.78
Net Proceeds from Shares 0000000005.76
Net Proceeds from Borrowing 0002.343.361.512.402.981.01-4.80
Interest Paid 0-0.320.43-0.63-0.95-1.66-1.74-1.68-1.78-1.74
Dividend Paid 0000000000
Others 1.810.59-1.390.06000000
Net Cash Flow -2.15-0.200.35-0.270.0400.020.08-0.010.81
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-16.23-6.65-0.97-126.46-60.27N/AN/AN/AN/AN/A
ROCE (%)-10.63-2.981.861.3-2.14N/AN/AN/AN/AN/A
Asset Turnover Ratio0.120.30.250.190.170.160.120.110.150.2
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days82342648450240035947954628074
Inventory Days109000000000
Payable Days2,473255003293650000

Thambbi Modern Spinning Mills Ltd Stock News

Thambbi Modern Spinning Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing 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 26-Feb-2024 16:59 the market cap of Thambbi Modern Spg stood at ₹23.75.
The latest P/E ratio of Thambbi Modern Spg as of 26-Feb-2024 16:59 is 0.00.
The latest P/B ratio of Thambbi Modern Spg as of 26-Feb-2024 16:59 is -3.73.
The 52-week high of Thambbi Modern Spg is ₹20.62 and the 52-week low is ₹13.99.
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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