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Eastern Silk Industries Ltd. Stock Analysis

Small Cap
Evaluated by 174 users | BSE: 590022 | NSE: EASTSILK |
Textile
Eastern Silk Industries formerly known as ESI was incorporated in the year 1946.  The company is engaged in manufacturing of silk yarn, fabrics, home furnishings, fashion fabrics, handloom fabrics, double width fabrics, scarves, laces, belts and embroidered fabrics.Company’s...

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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 5.62%-6.71%-13.55%-11.33%-21.8%-11.73%-18.4%-15.48%-11.97%-6.37%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 54463794.475.979.66170.563.451.565.2
Y-o-Y Gr. Rt.-17.1%-85.2%-19.6%5%-23.4%15.5%-10%-18.8%26.7%
Adjusted EPS (Rs.) 1.35-8.1-14.97-13.45-19.1-6.73-8.33-4.99-2.59-1.17
Y-o-Y Gr. Rt.--700%NANANANANANANANA
Book Value per Share (Rs.) 49.6741.9830.1914.56-2.81-8.78-11.55-4.48-1.79-3.02
Adjusted Net Profit 10.7-63.9-118-106-151-53.1-65.7-39.4-20.4-9.2
Net Op. Cash Flow (Rs. Cr.) 4.4-60.5-1504.644.725.488.614569.55.3
Debt to Cash Flow from Ops 39.27-4.3-2.96103.7910.7218.114.341.552.227.93
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.
Eastern Silk Industries Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -21%-3.9%-2.5%26.7%
Adjusted EPS -198.4%NANANA
Book Value per Share -173.3000
Share Price -14.6% -17.8% -40.2% 63.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 2.63-17.02-39.55-55.69-249.78167.2499.2370.0882.5848.66
Operating Profit Margin (%) 8.47-4.4912.91-93.46-118.83-68.35-101.23-100.11-55.65-2.44
Net Profit Margin (%) 1.96-10.04-125.21-139.95-189.42-87.09-93.29-62.17-39.69-14.15
Debt to Equity 0.420.751.763.66-58.32-8.31-4.99-6.36-10.79-6.26
Working Capital Days 3032561,7452,1341,6811,7311,167861754531
Cash Conversion Cycle 1691631,5072,0781,6211,6691,105788656435
Entity Percentage Holding
Promoters 51.28%
Institutions 1.92%
Non-Institutions 46.80%
Pledged *100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Eastern Silk Industries Ltd.'s performance infers:

Eastern Silk Industries Ltd. earnings have grown by 0%, whereas share price has depreciated -17.8% 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 Eastern Silk Industries Ltd. share prices over the last 10 years. Here is what we found out:

Eastern Silk Industries Ltd. share price has depreciated -22.1% annually over the past ten years.

Eastern Silk Industries formerly known as ESI was incorporated in the year 1946.  The company is engaged in manufacturing of silk yarn, fabrics, home furnishings, fashion fabrics, handloom fabrics, double width fabrics, scarves, laces, belts and embroidered fabrics.

Company’s research facility has developed technology for fast colour printing on fabrics. Company’s manufacturing units are located at Bangalore, Karnataka and West Bengal

The company has bagged

Eastern Silk Industries formerly known as ESI was incorporated in the year 1946.  The company is engaged in manufacturing of silk yarn, fabrics, home furnishings, fashion fabrics, handloom fabrics, double width fabrics, scarves, laces, belts and embroidered fabrics.

Company’s research facility has developed technology for fast colour printing on fabrics. Company’s manufacturing units are located at Bangalore, Karnataka and West Bengal

The company has bagged various awards for its export performance from Handloom Export Promotion Council, Indian Silk Export Promotion Council, Central Silk Board and Ministry Of Commerce.

The Government of India has recognized the company as “Golden Star Trading House”.

Currently the company has net worth of about Rs 359 crores. Company employs over 20,000 people directly or indirectly.

Eastern Silk Industries exports products to Japan, Canada, US and the UK. Annually the company has a processing capacity of 40.5 lakh meter of silk.

Products

Furnishing Fabrics- The Company is engaged in manufacturing of plain, embroidery, patch, weaves and embossed fabrics for furnishing.

Fashion Accessories- Under this company manufactures fashion fabrics, readymade furnishings and scarves.

Future Strategies

Eastern Silk Industries plans to undertake various initiatives in order to increase its business such as develop products with innovative designs and patterns; upgrading machineries and focusing on R&D activities for adding value to its product range.In order to cater to the high-end users of silk products, the Company is embarking on an expansion plan for producing silk velvets including jacquard velvets and this change in the product mix is likely to place the Company's products in a different lead.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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