Cheviot Company Ltd Stock Analysis

BSE: 526817 | NSE: | Textile | Small Cap

BSE Share Price May 26, 09:51
1127.30 -2.05 (-0.18%)

DeciZen - Make an Informed Decision on Cheviot Company

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

FAQs

1. Is Cheviot Company Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Cheviot Company Ltd is a average quality company.

2. Is Cheviot Company Ltd undervalued or overvalued?

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

3. Is Cheviot Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Cheviot Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Cheviot Company:

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.
Cheviot Company Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 9.3%9.2%7.1%8.1%8.7%10.4%10.8%9.4%8.1%11.5%-
Value Creation Index -0.3-0.4-0.5-0.4-0.4-0.3-0.2-0.3-0.4-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 295290278267343394376395458396564
YoY Gr. Rt. %--1.6%-4.1%-4.1%28.5%14.7%-4.4%4.9%16.1%-13.6%-
Adj EPS 39.841.734.641.950.769.681.880.276.8120.9149.5
YoY Gr. Rt. %-4.7%-16.8%20.8%21.2%37.2%17.6%-2%-4.2%57.4%-
BVPS (₹) 330.2363.9391.8428.5469.1566.2631.6711.8728.2843.6734.4
Adj Net Profit 26.928.223.428.334.347.152.951.849.775.890
Cash Flow from Ops. 23.132.114.323.21131.238.519.640.134.8-
Debt/CF from Ops. 0.60.40.90.61.10.40.200.10.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.3%2.9%1.7%-13.6%
Adj EPS 13.1%19%13.9%57.4%
BVPS 1112.510.115.9
Share Price 18.5% 6.5% 22.3% -0.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 9.69.37.38.28.910.610.99.3811.619
Op. Profit Mgn % 12.413.412.410.913.111.114.714.512.513.215.6
Net Profit Mgn % 9.19.78.410.6101214.113.110.819.115.9
Debt to Equity 0.10.10.10.1000000-
Working Cap Days 981021121191021021121191161430
Cash Conv. Cycle 6971788673768692871070

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 18.90%

Net Profit is growing at healthy rate in last 3 years 13.90%

Sales growth is good in last 4 quarters at 125.65%

Sales growth has been subdued in last 3 years 1.71%

Latest Financials - Cheviot Company Ltd.

Standalone Consolidated
TTM EPS (₹) 149.5 -
TTM Sales (₹ Cr.) 564 -
BVPS (₹.) 734.4 -
Reserves (₹ Cr.) 436 -
P/BV 1.54 -
PE 7.55 -
From the Market
52 Week Low / High (₹) 1041.10 / 2055.55
All Time Low / High (₹) 7.11 / 2055.55
Market Cap (₹ Cr.) 680
Equity (₹ Cr.) 6
Face Value (₹) 10
Industry PE 12.6

Management X-Ray of Cheviot Company :

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 Cheviot Company Ltd

Cheviot Company (CCL) was incorporated on December 27, 1897 as Delta Jute Mills Company Limited (DJML). Subsequently, the name of DJML was changed to Budge Budge Amalgamated Mills Limited(BBAML), whose name was further changed to Cheviot Company Limited(CCL).

The company is engaged in the manufacturing of Sacking bags(for packing Food grains),Sacking Cloth, Hessian cloth & Bags,Decorative Fabrics - Jute and Jute blendedYarn of 3lbs to 36lbs,100% Jute and also Jute blended with other Textile fibres.

The company is the part of Cheviot Group of companies. The group has marked its presence in jute, yarn, tea and leather segment.

The Jute Mill of the Company is located at 19, Mehta Road, Budge Budge in District 24 Parganas of West Bengal. CCL has been a producer of traditional jute products like sacking and hessian. It is to the credit of the Company that while in the 1980s many jute companies fared quite indifferently, the Company managed to retain a healthy growth and went ahead with the modernization of their manufacturing facilities.

A new unit was set up at Ghaziabad in Uttar Pradesh in 1986 for the manufacture of HDPE/PP laminated and unlaminated woven sacks and fabrics. The nineties saw the manufacture of high-value diversified yarns and fabrics. Fine yarns are exported to Belgium, U.K., Germany, U.S.A., Holland and other countries. In 1993 the Company expanded its manufacturing faciities to include special quality yarns.

In 1996, the company set up a 100% EOU near its said jute unit at Budge Budge for the manufacture of jute specility fabrics.

Again in March’03 the company set up another 100% EOU unit at Sector II, Falta Export Processing Zone, Falta, West Bengal, adding another feather to its cap, for its increasing focus on exports. CCL today has emerged as one of the leading manufactures and exporters of fine jute yarn.

The Cheviot Company Limited was accorded Export House status in 1995, exports constituting 70% of its turnover. It was awarded ISO 9002 Certification by the Bureau of Indian Standards in 1996, signifying consistently high quality of its products. It was commissioned as an Export Oriented Unit in 1997. Cheviot has now carved a niche for itself in the non-traditional and high value market segments.

The company focuses on Export which constitute more than 70% of its total turnover.

Future plans

Cheviot Company Ltd. is planning diversifications into non-jute products in a bid to overcome losses accrued through its jute businesses. The company will also be looking at more non-traditional jute products as part of its future diversified product mix.

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