Volant Textile Mills Ltd - Stock Valuation and Financial Performance

BSE: 531865 | NSE: | Textile - Spinning | Small Cap

BSE Share Price
Not Listed

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Volant Textile Mills stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
3.7 Cr.
52-wk low:
0.5
52-wk high:
0.5

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Volant Textiles:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13TTM
ROCE % -22.2%-14.1%19.7%-16.3%204.2%-7.1%0.7%5.4%4.8%-6.4%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5.82.30-0.22.99.215.318.721.730.319
Sales YoY Gr.--61.1%-99.6%-2,100%NA216.2%67.3%21.6%16.5%39.1%-
Adj EPS -1-0.30.3-0.33.1-0.100.10-0.1-0.4
YoY Gr.-NANA-178.8%NA-104.6%NANA-50%-400%-
BVPS (₹) -3.5-3.8-3.4-3.7-0.6-0.8-0.8-0.7-0.7-0.8-1.1
Adj Net
Profit
-7.6-22.5-222.9-100.60.3-0.9-3
Cash Flow from Ops. -6.2-0.5-0.2-1.1-1.3-0.30.21.62.51.2-
Debt/CF from Ops. -6.6-90.3-174.8-36.1-12.6-79.4102.511.76.814.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 20.1%59.8%25.4%39.1%
Adj EPS NA-152.3%NA-400%
BVPSNANANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13TTM
Return on
Equity %
34.27.4-9.27.4-141.920.1-0.1-11.7-6.11848.1
Op. Profit
Mgn %
-13.5-42.7-2963.3466.2-11.2-1.36.810.38.60.3-9.9
Net Profit
Mgn %
-130.5-88.635351.5974.3788.7-11.403.41.4-3.1-17.8
Debt to
Equity
-1.6-1.5-1.5-1.4-3.4-3.5-3.4-3.6-3.5-2.9-
Working Cap
Days
21335848,402017090105148156149280
Cash Conv.
Cycle
-2-5116,9370-53123041453616

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 - Volant Textile Mills Ltd.

Standalone Consolidated
TTM EPS (₹) -0.4 -
TTM Sales (₹ Cr.) 18.6 -
BVPS (₹.) -1.1 -
Reserves (₹ Cr.) -15 -
P/BV -0.46 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 0.49 / 0.49
All Time Low / High (₹) 0.18 / 11.64
Market Cap (₹ Cr.) 3.7
Equity (₹ Cr.) 7.5
Face Value (₹) 1
Industry PE 30.7

Management X-Ray of Volant Textiles:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.003.883.883.880.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Volant Textiles

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13
Sales5.842.270.01-0.202.909.1715.3418.6621.7430.25
Operating Expenses 6.633.240.210.743.239.3014.3016.7419.8730.16
Manufacturing Costs0.910.380.020.081.011.341.641.171.034.41
Material Costs4.722.12001.046.4110.9713.5816.5523.66
Employee Cost 0.360.390.070.130.600.901.101.151.321.37
Other Costs 0.630.340.120.540.590.640.590.840.980.72
Operating Profit -0.79-0.97-0.21-0.94-0.32-0.121.041.921.870.09
Operating Profit Margin (%) -13.5%-42.7%-2,963.3%466.2%-11.2%-1.3%6.8%10.3%8.6%0.3%
Other Income 0.0203.660.0524.580.380.300.100.210.45
Interest 5.860.0500.070.310.200.140.180.470.27
Depreciation 10.990.991.011.021.091.201.201.191.19
Exceptional Items 0000000000
Profit Before Tax -7.62-2.012.46-1.9722.93-1.0300.630.41-0.92
Tax 00000.020.020000
Profit After Tax -7.62-2.012.46-1.9722.91-1.0500.630.41-0.92
PAT Margin (%) -130.0%-88.6%35,351.5%974.3%788.7%-11.5%0.0%3.4%1.9%-3.0%
Adjusted EPS (₹)-1.0-0.30.3-0.33.1-0.10.00.10.1-0.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13

Equity and Liabilities

Shareholders Fund -26.07-28.08-25.62-27.59-4.69-5.74-5.73-5.10-4.69-5.61
Share Capital 7.507.507.507.507.507.507.507.507.507.50
Reserves -33.57-35.58-33.11-35.09-12.18-13.23-13.23-12.59-12.18-13.10
Minority Interest0000000000
Debt41.0641.1537.5639.2115.7120.1119.9019.1416.7216.71
Long Term Debt41.0641.1537.5639.2115.7120.1119.9018.5416.7116.71
Short Term Debt00000000.600.010
Trade Payables2.111.891.721.371.391.503.065.275.6910.85
Others Liabilities 0.420.320.290.180.261.051.161.201.442.58
Total Liabilities 17.5315.2813.9513.1612.6816.9318.3920.5119.1624.53

Fixed Assets

Gross Block20.1820.1920.1920.5720.8224.0423.982423.7723.93
Accumulated Depreciation5.866.857.838.859.8710.8112.0113.2114.1415.33
Net Fixed Assets14.3313.3412.3511.7210.9513.2311.9710.799.628.59
CWIP 000000.080000
Investments 0000.170.030000.050.05
Inventories0.770.1200.050.801.731.641.892.092.69
Trade Receivables0.760.550.520.150.250.503.276.426.0911.30
Cash Equivalents 0.030.020.060.120.110.670.390.28-0.030.38
Others Assets1.641.251.020.940.540.721.121.131.331.52
Total Assets 17.5315.2813.9513.1612.6816.9318.3920.5119.1624.53

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13
Cash Flow From Operating Activity -6.23-0.46-0.21-1.09-1.25-0.250.191.642.461.18
PBT -7.58-2.01-1.20-1.92-1.52-1.040.010.630.41-0.92
Adjustment 6.881.081.021.111.341.291.341.321.131.41
Changes in Working Capital 0.360.53-0.04-0.16-0.73-0.28-1.01-0.290.90.74
Tax Paid 00000-0.020-0.01-0.01-0.06
Cash Flow From Investing Activity 0.410.360.20-0.510.26-3.59-0.2600.24-0.14
Capex 0-0.010-0.38-0.25-3.440.14-0.020.26-0.16
Net Investments 00000.140.0300-0.050
Others 0.410.370.20-0.120.37-0.18-0.400.020.030.02
Cash Flow From Financing Activity 5.840.080.071.650.984.41-0.21-1.73-2.72-0.72
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 5.8400-2.86-26.17-1.48-0.69-2.04-1.830
Interest Paid 0000000-0.14-0.30-0.24
Dividend Paid 0000000000
Others 00.080.074.5127.145.890.480.45-0.59-0.48
Net Cash Flow 0.01-0.010.050.06-0.010.56-0.28-0.09-0.020.32
PARTICULARSMar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.330.15000.220.620.870.961.11.38
PAT to CFO Conversion(x)N/AN/A-0.09N/A-0.05N/AN/A2.66N/A
Working Capital Days
Receivable Days35970026154595105105
Inventory Days756600545040343329
Payable Days152345004868376112121128

Volant Textile Mills Ltd Stock News

Volant Textile Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Volant Textiles on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Volant Textiles stood at ₹3.67.
The latest P/E ratio of Volant Textiles as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Volant Textiles as of 01-Jan-1970 05:30 is -0.46.
The 52-week high of Volant Textiles is ₹0.49 and the 52-week low is ₹0.49.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Volant Textiles is ₹18.59 ( Cr.) .

About Volant Textile Mills Ltd

Volant Textile Mills Ltd. incorporated in 1994, having its registered office address at E-2 , Ansa Industrial Estate,Saki Vihar Road,Saki Naka, Andheri (E),Mumbai  400072,  is  a 100% Export Oriented Unit manufacturing cotton and bleached grey fabrics. Our weaving unit comprises of-  36 nos. Sulzer machines - Model PU 130 ES 120 E10 D1 having 130' reed space. 5 nos of these Sulzer machines are with batching motion, 6 nos. Sulzer machines – Model PU 130 having 130” reed space with Dobby,  10 nos. Somet Rapier SM93 Model Looms having 90” reed space with Jacquard 1344 hooks,  High Speed wraping machine from Benninger India Ltd. Twin sow-box sizing machine with synchro-four system from Amba Machine Works Pvt. Ltd.

Weave - direct humidification plant from LTG, Germany

Inspection, checking, roll & bale packaging equipments 

Generator plant for full capacity requirement

It has exported to all major markets of the world like Australia, Bangladesh, EEC, Hong Kong, Israel, Nigeria, Russia, Taiwan, USA. The company follows the American 10 point grey inspection

All its fabrics are of closed selvedge and can be exported in bales or rolls The Weaving unit comprises of Sulzer machines - Model PU 130 ES 120 E 10 D1 having 130' and 153' reed space.

In 2008, the promoters have made payment to SASF for buy back of 7,50,000 Equity shares at par, as per terms of the negotiated settlement the Company had entered into with SASF on September 27, 2006.

The Company added 6 Sulzer weaving machines with Dobby and 10 Jaquard weaving machines, commercial production of which will start on October 09, 2008. The addition of machines was with reference to proposed Draft Rehabilitation scheme which has been submitted to the Operating Agency for bringing about Viability for the Company.

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