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Dhanlaxmi Fabrics Ltd. Stock Analysis

Small Cap
Evaluated by 80 users | BSE: 521151 | NSE: |
Textile
Dhanlaxmi Group started the textile business in the year 1975. In 1984 it started its weaving unit at Ichalkaranji. Dhanlaxmi Fabrics Ltd. (DFL) the flagship company of the group was formed in the year 1992-93. The main activity of the company is processing and marketing of fabrics, yarn and...

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 3.01%1.44%3.49%5.4%6.4%8.91%7.07%3.5%8.33%9.71%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 5145.257.163.178.488.492.870.374.277.6
Y-o-Y Gr. Rt.--11.4%26.2%10.5%24.3%12.8%5%-24.3%5.5%4.6%
Adjusted EPS (Rs.) 0.690.111.071.842.144.33.020.564.936.37
Y-o-Y Gr. Rt.--84.1%872.7%72%16.3%100.9%-29.8%-81.5%780.4%29.2%
Book Value per Share (Rs.) 39.7939.9841.4443.5545.2946.0248.9650.7857.9760.13
Adjusted Net Profit 0.60.10.91.61.83.72.60.54.25.5
Net Op. Cash Flow (Rs. Cr.) -1.611.604.44.7-0.54.515.5-0.24.1
Debt to Cash Flow from Ops -8.080.51-2,750.636.174.65-52.646.981.57-102.432.96
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Dhanlaxmi Fabrics Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 4.8%-0.2%-5.8%4.6%
Adjusted EPS 28%24.4%28.3%29.2%
Book Value per Share 4.75.87.13.7
Share Price 4.7% -9.9% -9.8% 14.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 1.780.282.624.334.819.426.361.139.0710.79
Operating Profit Margin (%) 12.4112.1311.0517.0111.8112.0111.379.3110.8414.48
Net Profit Margin (%) 1.170.221.62.512.344.182.790.695.717.05
Debt to Equity 0.380.170.210.730.570.630.740.560.440.24
Working Capital Days 175184157209202175173230219214
Cash Conversion Cycle 728676100948294117104100
Entity Percentage Holding
Promoters 74.91%
Non-Institutions 25.09%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Dhanlaxmi Fabrics Ltd.'s performance infers:

Dhanlaxmi Fabrics Ltd. earnings have grown by 24.4%, whereas share price has depreciated -9.9% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Dhanlaxmi Fabrics Ltd. share prices over the last 10 years. Here is what we found out:

Dhanlaxmi Fabrics Ltd. share price has depreciated 0.4% annually over the past ten years.

Dhanlaxmi Group started the textile business in the year 1975. In 1984 it started its weaving unit at Ichalkaranji. Dhanlaxmi Fabrics Ltd. (DFL) the flagship company of the group was formed in the year 1992-93. The main activity of the company is processing and marketing of fabrics, yarn and manufacturing of fabrics and garments for exports.

DFL is leading fabric & yarn processing company. DFL is in the processing business for more than 14 years and it got listed in 1994.

Dhanlaxmi

Dhanlaxmi Group started the textile business in the year 1975. In 1984 it started its weaving unit at Ichalkaranji. Dhanlaxmi Fabrics Ltd. (DFL) the flagship company of the group was formed in the year 1992-93. The main activity of the company is processing and marketing of fabrics, yarn and manufacturing of fabrics and garments for exports.

DFL is leading fabric & yarn processing company. DFL is in the processing business for more than 14 years and it got listed in 1994.

Dhanlaxmi Fabrics' weaving and processing base is set up over 130000 Sq. Ft. area in the following locations.

a) Fabric and yarn processing unit located in Dombivli, Dist. - Thane, Maharashtra 40 Kms. from Mumbai b) Weaving factory of 32 Sulzer Looms located at Ichalkaranji, the well known power loom city of Maharashtra, India.

Products of the company:

Dhanlaxmi Fabrics is a one stop shop for the garment exporters, fabric exporters and local garment manufacturers.

Fabric:

Width upto 63” made from 100% cotton, 100% viscose, 100% polyester, blended, lycra as pure white, reactive or vat dyed, pigment, reactive, prints, disperse or dischange print with finishes as required by customer.

Yarn:

Pure white, reactive or vat dyed cotton, rayon, polyester or blended yarn.

Clientele:

The company’s main customers are the garment manufacturers and exporters which finally supply to retail giants Wal Mart, J C Penny etc and export to the US, UK and other countries.

Awards /Recognition

The company is having Oko-Tex Standard 100 Certificate given by Testex Zurich. The company is having capabilities to meet all European & American Standards as regards to usage of eco friendly , azo free dyes & colour chemicals.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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