Siyaram Silk Mills Ltd Stock Analysis

BSE: 503811 | NSE: SIYSIL | Textile - Weaving | Small Cap

BSE Share Price Aug 19, 18:03
503.15 -12.15 (-2.36%)

DeciZen - Make an Informed Decision on Siyaram Silk Mills

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Siyaram Silk Mills Price Chart

P/E Ratio (SA) :
10.47
Market Cap :
2,415.2 Cr.
52-wk low :
330
52-wk high :
698
Bole Toh?

1. Is Siyaram Silk Mills Ltd a good quality company?

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

2. Is Siyaram Silk Mills Ltd undervalued or overvalued?

The key valuation ratios of Siyaram Silk Mills Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Siyaram Silk Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Siyaram Silk 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 Siyaram Silk Mills:

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.
Siyaram Silk 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 12.3%13.8%13.9%13%12.3%12.8%11.3%8.8%2.3%21.7%-
Value Creation Index -0.1-0.0-0.0-0.1-0.1-0.1-0.2-0.4-0.8NA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,0411,3031,5101,6091,5681,7331,8151,6981,0881,9032,068
YoY Gr. Rt. %-25.2%15.9%6.5%-2.5%10.5%4.7%-6.4%-36%75%-
Adj EPS 10.714.416.618.31924.222.215.50.544.449.2
YoY Gr. Rt. %-35.3%15.2%10%4%27.4%-8.2%-30.3%-97%9355.3%-
BVPS (₹) 6778.992.8108127.3144.8161.6163.6165.1200206.6
Adj Net Profit 5067.677.985.68911310472.62.2208231
Cash Flow from Ops. 68.165.659.680.8203-2819220533235.6-
Debt/CF from Ops. 4.14.85.25.11.5-20.52.31.90.46-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.9%3.9%1.6%75%
Adj EPS 17.2%18.5%26%9355.3%
BVPS 12.99.57.421.1
Share Price 23.9% 4.5% 28.9% 34.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 17.219.819.418.216.217.814.59.50.324.324.2
Op. Profit Mgn % 10.611.111.512.112.614.213.310.15.117.617.2
Net Profit Mgn % 4.85.25.25.35.76.65.74.30.21111.1
Debt to Equity 0.90.90.70.80.50.80.60.50.20.2-
Working Cap Days 1301131131311491361431441821280
Cash Conv. Cycle 706566727373838070530

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 24.20%

Net Profit is growing at healthy rate in last 3 years 25.99%

Sales growth is good in last 4 quarters at 79.59%

Sales growth has been subdued in last 3 years 1.60%

Latest Financials - Siyaram Silk Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 49.2 50
TTM Sales (₹ Cr.) 2,068 2,071
BVPS (₹.) 206.6 205.9
Reserves (₹ Cr.) 959 955
P/BV 2.49 2.50
PE 10.47 10.29
From the Market
52 Week Low / High (₹) 330.00 / 698.00
All Time Low / High (₹) 2.67 / 799.00
Market Cap (₹ Cr.) 2,415
Equity (₹ Cr.) 9.4
Face Value (₹) 2
Industry PE 12.1

Management X-Ray of Siyaram Silk Mills :

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

Login/Register to view analysis.

Analyst's Notes

Login/Register to view analysis.

Key Ratios of Siyaram Silk Mills

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

About Siyaram Silk Mills Ltd

Siyaram Silk Mills, incorporated in 1978, is a leading producer of blended fabrics in India. The company is one of the most renowned vertically integrated textile companies in the country. It operates the widest range of latest machinery in its eco-friendly plant at Tarapur, Daman and Mumbai.

With over 4 million metres of fabric produced per month, Siyaram has achieved the status of the leading textile manufacturer in the country. Its in-house production facility consisting of spinning, dyeing, weaving and finishing plus garmenting enables it to present a wide offering of yarns, fabric, home textiles and apparels.

The Siyaram brand retails in over 40,000 outlets across the country. Its exclusive retail outlets offer the entire range of Siyaram brand

The company has the largest weaving infrastructure with over 500 looms of both dobby and Jacquard. It has the capacity to process 48 million metres of suiting, shirting and home textiles fabrics each year.

Products

  • Yarn - It has a production capacity of 700 metric tonnes of yarn per month in a wide range of compositions ranging from polyester, cotton, viscose, wool and linen. It produces dyed yarns such as space dyed yarns, heavy denier multicolour fancy yarns, embroidery and selvedge yarns, fancy dyed knitting yarns and microfilament dyed yarn.
  • Fabrics - The company is acknowledged for the production of the largest variety of fabrics and is recognised as the country’s leading blended fabric manufacturer. Under this segment, it manufactures premium suiting, workwear fabrics and shirting fabrics.
  • Ready to wear garments - It owns well established brands such as MSD (Monday to Sunday Dressing), Oxemberg and J Hampstead Apparels.
  • Home textiles.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now