Eastern Silk Industries Ltd - Stock Valuation and Financial Performance

BSE: 590022 | NSE: EASTSILK | Textile | Small Cap

Eastern Silk Inds Share Price

2.13 0.00 0.00%
as on 06-Mar'24 16:59

DeciZen - make an informed investing decision on Eastern Silk Inds

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Eastern Silk Industries stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
16.8 Cr.
52-wk low:
1.8
52-wk high:
3.3

Is Eastern Silk Industries Ltd an attractive stock to invest in?

1. Is Eastern Silk Industries Ltd a good quality company?

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

2. Is Eastern Silk Industries Ltd undervalued or overvalued?

The key valuation ratios of Eastern Silk Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Eastern Silk Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Eastern Silk Industries 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 Eastern Silk Inds:

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.
Eastern Silk Industries 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -16.4%-7.8%-6%18.3%13.6%-6.4%1.8%1.8%-4.6%-11.9%-
Value Creation
Index
NANANANANANA-0.9-0.9NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 79.66170.563.451.565.210390.773.13820
Sales YoY Gr.--23.4%15.5%-10%-18.8%26.7%58.2%-12.1%-19.3%-48%-
Adj EPS -19.1-6.7-8.3-5-2.6-1.20.10.1-0.9-1.9-2.3
YoY Gr.-NANANANANANA-8.3%-890.9%NA-
BVPS (₹) -2.8-8.8-11.6-4.5-1.8-3-3-2.8-3.7-5.5-6.8
Adj Net
Profit
-151-53.1-65.7-39.4-20.4-9.210.9-6.9-14.6-18
Cash Flow from Ops. 44.725.488.614569.55.32.821.23.4-
Debt/CF from Ops. 10.718.14.31.62.227.954.574.8125.942.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -7.9%-5.9%-28.3%-48%
Adj EPS NANA-348.9%NA
BVPSNANANANA
Share Price -0.4% 29.3% -27% -0.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-249.8167.299.270.182.648.7-4-3.826.940.436.7
Op. Profit
Mgn %
-118.8-68.4-101.2-100.1-55.7-2.43.26.4-3.9-30.9-34.3
Net Profit
Mgn %
-189.4-87.1-93.3-62.2-39.7-14.20.91-9.4-38.3-87.5
Debt to
Equity
-58.3-8.3-5-6.4-10.8-6.3-6.5-6.7-5.2-3.4-
Working Cap
Days
1,6811,7311,167861754531286285349572584
Cash Conv.
Cycle
1,6211,6691,105788656435220221280469-579

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 36.70%

Sales growth has been subdued in last 3 years -28.31%

Net Profit has been subdued in last 3 years -348.88%

Sales growth is not so good in last 4 quarters at -5.93%

Latest Financials - Eastern Silk Industries Ltd.

Standalone Consolidated
TTM EPS (₹) -2.3 7.3
TTM Sales (₹ Cr.) 20.3 434
BVPS (₹.) -6.8 0
Reserves (₹ Cr.) -69 310
P/BV -0.31 0.00
PE 0.00 0.29
From the Market
52 Week Low / High (₹) 1.83 / 3.34
All Time Low / High (₹) 0.48 / 72.77
Market Cap (₹ Cr.) 16.8
Equity (₹ Cr.) 15.8
Face Value (₹) 2
Industry PE 29.6

Management X-Ray of Eastern Silk Inds:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Eastern Silk Inds

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales79.6361.0270.4763.4251.4965.24103.1890.6773.1438.01
Operating Expenses 174.27102.87144.01127.6580.1767.3999.8984.9376.2549.79
Manufacturing Costs13.0613.4914.2115.4516.6616.8917.1714.6517.7015.37
Material Costs53.9133.0742.4329.1721.2735.6752.8857.0246.6925.38
Employee Cost 5.677.338.198.017.787.077.454.364.684.53
Other Costs 101.6348.9879.1775.0234.477.7622.398.907.184.51
Operating Profit -94.64-41.85-73.53-64.22-28.68-2.163.285.74-3.11-11.78
Operating Profit Margin (%) -118.0%-68.6%-104.0%-101.0%-55.7%-3.3%3.2%6.3%-4.3%-31.0%
Other Income 25.5010.327.550.420.540.914.701.251.441.45
Interest 48.562.580.301.361.171.191.191.191.171.15
Depreciation 15.6820.2313.7910.668.767.185.744.764.022.96
Exceptional Items -3.0617.4758.25119.9659.1000000
Profit Before Tax -136.45-36.88-21.8344.1421.04-9.621.051.05-6.87-14.43
Tax 0000.0700.010000
Profit After Tax -136.45-36.88-21.8344.0621.03-9.631.051.04-6.87-14.43
PAT Margin (%) -171.0%-60.4%-31.0%69.5%40.8%-14.8%1.0%1.2%-9.4%-38.0%
Adjusted EPS (₹)-17.3-4.7-2.85.62.7-1.20.10.1-0.9-1.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -8.21-55.34-77.17-35.36-14.13-23.81-23.26-22.27-28.87-43.21
Share Capital 29.7929.7929.7915.7915.7915.7915.7915.7915.7915.79
Reserves -38-85.13-106.96-51.15-29.92-39.60-39.05-38.06-44.66-59
Minority Interest0000000000
Debt478.85459.77377.12224.73152.56149.11150.44149.49149.66145.76
Long Term Debt416.61401.11335.8314141414141414
Short Term Debt62.2458.6641.29210.73138.56135.11136.44135.49135.66131.76
Trade Payables2.744.465.415.626.425.725.407.124.451.75
Others Liabilities -13.52-16.86-5.705.6420.8225.16-5.38-6.66-6.242.26
Total Liabilities 459.87392.04299.66200.63165.67156.18127.20127.69119.01106.56

Fixed Assets

Gross Block351.79355.7629079.4279.6381.6782.2682.8383.4883.29
Accumulated Depreciation235.27264.72213.1410.5119.2426.4131.9936.6640.2142.85
Net Fixed Assets116.5291.0476.8668.9160.3955.2650.2746.1743.2640.44
CWIP 4.080.061.3000.1700000
Investments 0000.020.020.030.030.040.050.04
Inventories84.7276.5063.1762.3162.7149.6837.4640.5635.7829
Trade Receivables219.72183.47113.7845.9825.2032.0822.0324.7823.5715.19
Cash Equivalents 27.2834.1337.7216.187.928.078.088.488.6314
Others Assets7.546.836.837.249.2511.069.337.657.727.88
Total Assets 459.87392.04299.66200.63165.67156.18127.20127.69119.01106.56

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 44.6925.3988.63145.1269.505.342.7621.193.44
PBT -133.39-54.35-21.8344.1421.04-9.621.051.05-6.87-14.43
Adjustment 132.1950.2475.3874.6935.946.3616.294.693.864.15
Changes in Working Capital 56.0114.5835.2826.2412.48.42-14.55-3.774.313.66
Tax Paid -0.14-0.20-0.080.140.130.17-0.040.03-0.110.06
Cash Flow From Investing Activity 3.530.54-2.39-1.18-0.16-1.79-0.83-0.69-1.30-0.05
Capex -1.56-1.05-3.02-1.38-0.44-1.99-0.94-0.79-1.39-0.17
Net Investments 4.080.1900000000
Others 1.011.400.640.200.280.200.100.100.080.11
Cash Flow From Financing Activity -34.35-19.08-82.65-155.58-72.17-3.45-1.95-0.950.17-3.90
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-15.50-65.280000000
Interest Paid -41.34000000000
Dividend Paid 0000000000
Others 6.99-3.58-17.36-155.58-72.17-3.45-1.95-0.950.17-3.90
Net Cash Flow 13.876.853.60-11.64-2.830.10-0.030.360.05-0.51
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
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 Ratio0.150.140.20.250.280.410.730.710.590.34
PAT to CFO Conversion(x)N/AN/AN/A3.293.3N/A2.631.92N/AN/A
Working Capital Days
Receivable Days1,2171,2067704602521609694121186
Inventory Days430482362361443314154157190311
Payable Days404042691036238404545

Eastern Silk Industries Ltd Stock News

Eastern Silk Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Eastern Silk Inds on 06-Mar-2024 16:59 is ₹2.13.
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 06-Mar-2024 16:59 the market cap of Eastern Silk Inds stood at ₹16.82.
The latest P/E ratio of Eastern Silk Inds as of 06-Mar-2024 16:59 is 0.00.
The latest P/B ratio of Eastern Silk Inds as of 06-Mar-2024 16:59 is -0.31.
The 52-week high of Eastern Silk Inds is ₹3.34 and the 52-week low is ₹1.83.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Eastern Silk Inds is ₹20.30 ( Cr.) .

About Eastern Silk Industries Ltd

Eastern Silk Industries Limited formerly known as ESI was incorporated in the year 1946 under the laws of the Republic of India with its registered office at R.N Mukherjee Road, Kolkata. The Equity Shares of the Company are listed on the National Stock Exchange (NSE).

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

Business area of the company

The Company is engaged in the manufacture of silk yarn, fabrics and made-ups, home furnishings, fashion fabrics, handloom fabrics, double width fabrics, scarves, laces and belts, and embroidered fabrics.

Products

Furnishing Fabrics
Fashion
Stock Service

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