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Silktex Ltd. Stock Analysis

Small Cap
Evaluated by 17 users | BSE: 526835 | NSE: |
Textile
Silktex Ltd. was incorporated on August 30, 1993 as Silktex Private Limited and was converted into a public limited company by passing a Special Resolution under Section 44 of the Companies Act, 1956 on July 11, 1994 and adopted a new set of Articles with effect from  July 12, 1994 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
 Jun'02Jun'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11
Return on Capital Employed 15.75%9.31%7.28%14.06%13.2%10.68%1.16%3.76%-0.59%-5.29%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 17.617.418.624.129.732.226.729.820.316.4
Y-o-Y Gr. Rt.--1.3%6.9%30.1%23.1%8.5%-17.1%11.7%-32%-19.2%
Adjusted EPS (Rs.) 4.062.93.054.95.354.83-0.550.75-1.37-3.95
Y-o-Y Gr. Rt.--28.6%5.2%60.7%9.2%-9.7%-111.4%NA-282.7%NA
Book Value per Share (Rs.) 19.9327.2334.4929.1432.8135.8835.1434.5233.8929.97
Adjusted Net Profit 3.12.22.33.74.13.7-0.40.6-1-3
Net Op. Cash Flow (Rs. Cr.) 4.56.26.74.643.37.42.44.41.7
Debt to Cash Flow from Ops 2.751.961.992.183.895.22.447.913.619.18
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.
Silktex Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -0.8%-11.2%-15%-19.2%
Adjusted EPS -199.7%-194.1%NANA
Book Value per Share 4.6-1.8-5.2-11.6
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Jun'02Jun'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10Mar'11
Return on Equity (%) 21.9911.028.5817.7717.2514.04-1.552.16-4.01-12.38
Operating Profit Margin (%) 40.2235.6231.928.7527.6227.7722.9421.7310.32-7.41
Net Profit Margin (%) 17.5512.6812.5115.4513.6811.38-1.571.91-5.13-18.31
Debt to Equity 0.820.590.510.450.630.620.680.710.610.68
Working Capital Days 221317415262236259340311460535
Cash Conversion Cycle 170238255132134187239204297328
Entity Percentage Holding
Promoters 43.28%
Institutions 1.41%
Non-Institutions 55.31%
Pledged *15.2015.2015.2015.2015.2015.2015.2015.2015.2015.20
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

Data is not available for this company.

Data is not available for this company

Silktex Ltd. was incorporated on August 30, 1993 as Silktex Private Limited and was converted into a public limited company by passing a Special Resolution under Section 44 of the Companies Act, 1956 on July 11, 1994 and adopted a new set of Articles with effect from  July 12, 1994 and the name of the company was changed to Silktex Limited.

Silktex is an Indian silk manufacturing company that caters to the growing need for high-quality, premium silk fabric across the world. Their

Silktex Ltd. was incorporated on August 30, 1993 as Silktex Private Limited and was converted into a public limited company by passing a Special Resolution under Section 44 of the Companies Act, 1956 on July 11, 1994 and adopted a new set of Articles with effect from  July 12, 1994 and the name of the company was changed to Silktex Limited.

Silktex is an Indian silk manufacturing company that caters to the growing need for high-quality, premium silk fabric across the world. Their composite mill is located 30 km from Bangalore. High quality silk weaving demands precision in every process from the basic yarn to its preparation leading to the final fabric. Everything needs to conform to exacting standards. At Silktex we have both the expertise and the infrastructure to achieve this.

The highest quality silk yarn is procured from the international market as the first step to the assurance of quality which is of prime concern. Keeping abreast with the international standards, the mill is equipped with a careful selection of modern and sophisticated machinery for the different stages of production. To complement these, they have a seasoned team of skilled and motivated professionals who have a keen eye for detail along with an acute awareness of the changing tastes and styles. Their inhouse Design Studio equipped with the latest CAD system to assist their innovative team of designers enables them to meet the high standards of their international clients.

With a capacity of 500,000 meters per annum in a variety of designs and colours, they are fully geared to meet the needs of their ever-widening base of customers. They look forward to continued growth through constant innovation and by consistently satisfying the needs of their customer.    

Product range of the company includes:

  • Home Furnishings
  • Apparel Silks

Achievements/ recognition:

  • An ISO 9001 certified company
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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