Filatex Fashions Ltd - Stock Valuation and Financial Performance

BSE: 532022 | NSE: | Textile | Small Cap

Filatex Fashions Share Price

13.17 -0.20 -1.50%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Filatex Fashions

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Filatex Fashions stock performance -

mw4me loader
P/E Ratio (SA):
220.09
Market Cap:
2,195.2 Cr.
52-wk low:
10.4
52-wk high:
21.5

Is Filatex Fashions Ltd an attractive stock to invest in?

1. Is Filatex Fashions Ltd a good quality company?

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

2. Is Filatex Fashions Ltd undervalued or overvalued?

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

3. Is Filatex Fashions Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Filatex Fashions 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 Filatex Fashions:

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.
Filatex Fashions 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.7%-0%0.4%0%0.4%0.7%1.1%0.2%3.2%9.1%-
Value Creation
Index
-1.0-1.0-1.0-1.0-1.0-1.0-0.9-1.0-0.8-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 25.824.935.238.319.743.758.717.3115164150
Sales YoY Gr.--3.5%41.4%8.9%-48.8%122.2%34.4%-70.5%565.8%42.3%-
Adj EPS 0.1-0-0-000.10.100.31.20.1
YoY Gr.--180%NANANA400%-30%-85.7%2900%310%-
BVPS (₹) 13.112.611.511.411.511.6777.38.613.8
Adj Net
Profit
0.1-0.1000.10.30.70.12.911.910
Cash Flow from Ops. 0-1.8-8-3.1-4.9-13.3-15.4-2.6-46.2-11.5-
Debt/CF from Ops. 0-4.6-0.3-1.8-0.3-0.1-0-0-0.2-5.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 22.8%52.9%40.9%42.3%
Adj EPS 42.7%127.9%160%310%
BVPS-4.6%-5.6%6.8%16.8%
Share Price 12.3% 33.6% 71.3% -2.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.4-0.3-0.1-0.10.20.61.10.22.911.50.5
Op. Profit
Mgn %
3.53.532.83.71.5-0.23.24.19.18.6
Net Profit
Mgn %
0.3-0.3-0.1-0.10.30.71.20.72.57.36.7
Debt to
Equity
0.40.40.10.200000.10.8-
Working Cap
Days
5879548646147254154251,663431466215
Cash Conv.
Cycle
200225218261550265210743130112106

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 40.90%

Net Profit is growing at healthy rate in last 3 years 159.98%

Return on Equity has declined versus last 3 years average to 0.50%

Sales growth is not so good in last 4 quarters at -19.25%

Latest Financials - Filatex Fashions Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 -
TTM Sales (₹ Cr.) 150 -
BVPS (₹.) 13.8 -
Reserves (₹ Cr.) 1,466 -
P/BV 0.95 -
PE 220.09 -
From the Market
52 Week Low / High (₹) 10.41 / 21.50
All Time Low / High (₹) 1.72 / 114.80
Market Cap (₹ Cr.) 2,195
Equity (₹ Cr.) 833.4
Face Value (₹) 5
Industry PE 29

Management X-Ray of Filatex Fashions:

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

Key Ratios of Filatex Fashions

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
Sales2625353820445917115164
Operating Expenses 2524343719435917111149
Manufacturing Costs1000011001
Material Costs2423333617415515108143
Employee Cost 0000111112
Other Costs 0111112123
Operating Profit 11111101515
Operating Profit Margin (%) 3.5%3.5%3.0%2.8%3.7%1.5%-0.2%3.2%4.1%9.1%
Other Income 0000002004
Interest 0000000011
Depreciation 1111111000
Exceptional Items 0000000000
Profit Before Tax 00000010417
Tax 0000000015
Profit After Tax 00000010312
PAT Margin (%) 0.3%-0.3%-0.1%-0.1%0.3%0.7%1.2%0.7%2.5%7.3%
Adjusted EPS (₹)0.10.00.00.00.00.10.10.00.31.2
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 18213333333468687183
Share Capital 781515151548484848
Reserves 11131919191920202335
Minority Interest0000000000
Debt68251100665
Long Term Debt68251100665
Short Term Debt0000000000
Trade Payables355559307996878
Others Liabilities 123292448578
Total Liabilities 6185974444658186202234

Fixed Assets

Gross Block11999232214
Accumulated Depreciation6456000000
Net Fixed Assets5543232213
CWIP 1111111111
Investments 0000000000
Inventories5231111157
Trade Receivables4669833130394344113140
Cash Equivalents 1312111172
Others Assets445692033367480
Total Assets 6185974444658186202234

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0-2-8-3-5-13-15-3-46-11
PBT 00000010417
Adjustment 011110-111-2
Changes in Working Capital 0-3-9-4-6-14-15-3-51-25
Tax Paid 000000000-1
Cash Flow From Investing Activity 0-100001001
Capex 0-1000-1000-2
Net Investments 0000000000
Others 0000002004
Cash Flow From Financing Activity 0564514143525
Net Proceeds from Shares 0312081514000
Net Proceeds from Borrowing 00-64-300000
Interest Paid 000000000-1
Dividend Paid 0000000000
Others 02000-103526
Net Cash Flow 03-2000016-5
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.39-0.33-0.12-0.090.190.911.340.174.1715.46
ROCE (%)1.08-0.070.610.540.590.951.440.234.4512.85
Asset Turnover Ratio0.530.340.390.540.440.80.80.210.80.75
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A-15N/A-15.33-0.92
Working Capital Days
Receivable Days475841789545572290256919248281
Inventory Days60532817125420913
Payable Days361719631316373152215129186

Filatex Fashions Ltd Stock News

Filatex Fashions Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Filatex Fashions on 12-Apr-2024 16:59 is ₹13.17.
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 12-Apr-2024 16:59 the market cap of Filatex Fashions stood at ₹2,195.2.
The latest P/E ratio of Filatex Fashions as of 12-Apr-2024 16:59 is 220.1.
The latest P/B ratio of Filatex Fashions as of 12-Apr-2024 16:59 is 0.95.
The 52-week high of Filatex Fashions is ₹21.50 and the 52-week low is ₹10.41.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Filatex Fashions is ₹150.2 ( Cr.) .

About Filatex Fashions Ltd

Filatex Fashions engages in the manufacture and sale of knitted socks in India. The company is also involved in the trade of textile products. Filatex Fashions is based in Hyderabad, India. The company has informed that the registered office of the company has been shifted to Mayfair Garden Apartments, 8-2-682/3/A & 3/B, Flat No.201, 2nd Floor, Road No.12 Banjara Hills, Hyderabad - 500034. The address shall be effective from January 15, 2010 onwards.

Milestones:

1994 - The company was incorporated as Uni-Socks India and is involved in the textile products business.

2006 - Company's was changed to Filatex Faishons.

2007 - The company was planning for the issue of five million equity shares and convertible warrants on preferential basis to the promoters and others investors.

2008 - The company had allotted 1.1 million preferential shares and 3,409,090 convertibles warrants to individual allottee.

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 Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.