Soma Textiles & Industries Ltd - Stock Valuation and Financial Performance

BSE: 521034 | NSE: SOMATEX | Textile | Small Cap

Soma Textiles Share Price

34.16 -0.04 -0.12%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Soma Textiles

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Soma Textiles & Industries stock performance -

mw4me loader
P/E Ratio (SA):
5.35
Market Cap:
112.8 Cr.
52-wk low:
18.4
52-wk high:
41.9

Is Soma Textiles & Industries Ltd an attractive stock to invest in?

1. Is Soma Textiles & Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Soma Textiles & Industries Ltd is a below average quality company.

2. Is Soma Textiles & Industries Ltd undervalued or overvalued?

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

3. Is Soma Textiles & Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Soma Textiles & Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Soma Textiles:

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.
Soma Textiles & Industries 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 % -2.4%-9.6%-1.7%-1.3%-4.6%-16.1%-5.5%-19%-16.9%276.3%-
Value Creation
Index
-1.2-1.7-1.1NANANANANANA18.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 27322617012782.738.525.912.814.65.26
Sales YoY Gr.--17.4%-24.5%-25.2%-35%-53.5%-32.7%-50.4%13.4%-64.3%-
Adj EPS -7-11.3-5.7-3.7-4.2-6.8-3.8-6-5.643.16.4
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 15.85.10.8-5-7.4-12.7-14.5-21-2622.726.7
Adj Net
Profit
-23-37.3-18.9-12.3-14-22.6-12.6-19.8-18.514221
Cash Flow from Ops. -6.350.315.62513.4-17.9-6.2-6.133.1170-
Debt/CF from Ops. -29.83.510.44.98.7-6.4-18-18.23.30.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -35.6%-42.5%-41.4%-64.3%
Adj EPS NANANANA
BVPS4.1%NANANA
Share Price 21.1% 63.8% 70.8% 27.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-33.3-84-96.7657.369.268.528.233.823.9-269225.9
Op. Profit
Mgn %
0.8-4.32.44.95.5-20.6-7.2-41.2-32.6-95.7-58.6
Net Profit
Mgn %
-8.4-16.6-11.1-9.7-16.9-58.7-48.6-154.3-127.22738.2368.4
Debt to
Equity
36.513.1-7.6-4.8-2.7-2.4-1.6-1.30.10
Working Cap
Days
2933123483834579261,4582,8792,1645,230934
Cash Conv.
Cycle
12110758432717-21162261439

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 25.90%

Sales growth is good in last 4 quarters at 299.44%

Sales growth has been subdued in last 3 years -41.42%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Soma Textiles & Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 6.4 6.4
TTM Sales (₹ Cr.) 5.7 5.7
BVPS (₹.) 26.7 26.7
Reserves (₹ Cr.) 55 55
P/BV 1.28 1.28
PE 5.35 5.35
From the Market
52 Week Low / High (₹) 18.38 / 41.91
All Time Low / High (₹) 0.95 / 191.25
Market Cap (₹ Cr.) 113
Equity (₹ Cr.) 33
Face Value (₹) 10
Industry PE 29.4

Management X-Ray of Soma Textiles:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *11.8811.8811.8811.8811.1710.4010.400.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Soma Textiles

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
Sales27322617012783382613155
Operating Expenses 271235166121784628181910
Manufacturing Costs6559554036139670
Material Costs173148845521209575
Employee Cost 2321191714105442
Other Costs 10899745423
Operating Profit 2-10465-8-2-5-5-5
Operating Profit Margin (%) 0.8%-4.3%2.4%4.9%5.5%-20.6%-7.2%-41.1%-32.6%-95.7%
Other Income 53226311711
Interest 2423231513131314198
Depreciation 131874332111
Exceptional Items 12465359-32169
Profit Before Tax -18-44-18-6-3-16-7-23-15167
Tax -4-10-4251-1-112
Profit After Tax -13-34-14-8-8-17-6-21-16165
PAT Margin (%) -4.9%-14.9%-8.4%-6.5%-9.9%-44.6%-22.7%-167.0%-113.0%3,183.5%
Adjusted EPS (₹)-4.0-10.2-4.3-2.5-2.5-5.2-1.8-6.5-5.050.1
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 622712-16-24-42-48-69-8675
Share Capital 43434333333333333333
Reserves 19-16-31-49-58-75-81-103-11942
Minority Interest0000000000
Debt171127151116114111110108979
Long Term Debt5625151116114111110108979
Short Term Debt11510200000000
Trade Payables1717142954200
Others Liabilities 4445334053688499126-10
Total Liabilities 29421621014215114215013913775

Fixed Assets

Gross Block1731671481241241015855389
Accumulated Depreciation1021181089496773938276
Net Fixed Assets7149403028251917113
CWIP 0000000000
Investments 0000232222
Inventories6933188933300
Trade Receivables4319185200002
Cash Equivalents 3111323181927441
Others Assets108113123978694107898067
Total Assets 29421621014215114215013913775

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -650162513-18-6-633170
PBT -26-48-24-11-6-21-16-19-17-2
Adjustment 334029201314141514-3
Changes in Working Capital -21544227-16-142356
Tax Paid 0000000000
Cash Flow From Investing Activity 2422956961020
Capex 24225334168
Net Investments 0000-200100
Others 10044454312
Cash Flow From Financing Activity -18-55-8-43-2-2-2-2-3-233
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -13000000000
Interest Paid -24-14-2-1-1-1-1-1-1-134
Dividend Paid 0000000000
Others 19-41-6-41-2-2-1-2-2-98
Net Cash Flow 0-210-916-141-240-42
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-22.62-97.35-148.3N/AN/AN/AN/AN/AN/A0
ROCE (%)2.24-9.42.52N/AN/AN/AN/AN/AN/A327.35
Asset Turnover Ratio0.880.880.80.720.570.260.180.090.110.05
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/A1.03
Working Capital Days
Receivable Days61514032161226569
Inventory Days9382543638604383390
Payable Days53436852921211882435726

Soma Textiles & Industries Ltd Stock News

Soma Textiles & Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Soma Textiles on 12-Jul-2024 16:01 is ₹34.16.
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-Jul-2024 16:01 the market cap of Soma Textiles stood at ₹112.8.
The latest P/E ratio of Soma Textiles as of 12-Jul-2024 16:01 is 5.35.
The latest P/B ratio of Soma Textiles as of 12-Jul-2024 16:01 is 1.28.
The 52-week high of Soma Textiles is ₹41.91 and the 52-week low is ₹18.38.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Soma Textiles is ₹5.73 ( Cr.) .

About Soma Textiles & Industries Ltd

Soma Textiles & Industries Limited, established in 1940 and a Somany Group company is a $40 Million Textile company with integrated manufacturing facilities for all its product groups. It is a 36 year old company head-quartered in Ahmedabad, India having factories in Ahmedabad and Baramati.

It is a professionally managed company headed by Managing Director Arvind Somany and guided by their Chairman S K Somany.

Soma textiles has been in the field of manufacturing of the fabrics since 1969 with a major focus on domestic market. It started the operation with one range of Sucker Mulluar and equivalent set of other plant and machineries. Looking in to changing business dynamics coupled with philosophy of entering it to the international league, the company has gone for expansion and installed Benniger Dyeing and sizing range with state of the art Toyota most modern air jet looms. So its current installed capacity has been 18 Million Mtrs per annum.

A team of highly qualified professionals manages the day to day affairs of the company. It is guided by the belief “Customer First” in its practices. In that direction its corporate philosophy is - “Innovate & Produce only the Best in accordance with Consumer Preferences at Right Price and in Right Time”.

Obsession with innovation and customer orientation helped it not only in sailing through rough weathers of globalization but emerged as a strong player in this competitive environment.

It produces wide range of shirting and bottom-wear categories in 100% cotton, polyester cotton blends and poly-cottons. It provides these finished fabrics in piece dyed, bleach and ready to dye (RFD) varieties. These fabrics are manufactured in plain, twill, satin weaves and various dobby designs.

Product range of the company includes:

The company is into manufacturing and marketing of following products

  • 100% Cotton Yarn – exclusively for exports (from their Baramati Plant)
  • High Value Shirting Fabrics – 100% Cotton & PC blended
  • Bottom Wear Fabrics – 100% Cotton & Poly-Cotton
  • Denim Fabrics 
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