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Past 10 year’s financial track record analysis by Moneyworks4me indicates that Soma Textiles & Industries Ltd is a below average quality company.
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.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Soma Textiles & Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | -1.1 | NA | NA | NA | NA | NA | NA | 18.7 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 273 | 226 | 170 | 127 | 82.7 | 38.5 | 25.9 | 12.8 | 14.6 | 5.2 | 7 |
| 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 | -5.6 | 43.1 | -0.2 |
| YoY Gr. | - | NA | NA | NA | NA | NA | NA | NA | NA | NA | - |
| BVPS (₹) ⓘ | 15.8 | 5.1 | 0.8 | -5 | -7.4 | -12.7 | -14.5 | -21 | -26 | 22.7 | 23.2 |
| Adj Net Profit ⓘ | -23 | -37.3 | -18.9 | -12.3 | -14 | -22.6 | -12.6 | -19.8 | -18.5 | 142 | -1 |
| Cash Flow from Ops. ⓘ | -6.3 | 50.3 | 15.6 | 25 | 13.4 | -17.9 | -6.2 | -6.1 | 33.1 | 170 | - |
| Debt/CF from Ops. ⓘ | -29.8 | 3.5 | 10.4 | 4.9 | 8.7 | -6.4 | -18 | -18.2 | 3.3 | 0.1 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -35.6% | -42.5% | -41.4% | -64.3% | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | 4.1% | NA | NA | NA | ||||
| Share Price | 23.8% | 44.9% | 82.5% | 22.3% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -33.3 | -84 | -96.7 | 657.3 | 69.2 | 68.5 | 28.2 | 33.8 | 23.9 | -2692 | -0.8 |
| Op. Profit Mgn % ⓘ | 0.8 | -4.3 | 2.4 | 4.9 | 5.5 | -20.6 | -7.2 | -41.2 | -32.6 | -95.7 | -57.4 |
| Net Profit Mgn % ⓘ | -8.4 | -16.6 | -11.1 | -9.7 | -16.9 | -58.7 | -48.6 | -154.3 | -127.2 | 2738.2 | -8 |
| Debt to Equity ⓘ | 3 | 6.5 | 13.1 | -7.6 | -4.8 | -2.7 | -2.4 | -1.6 | -1.3 | 0.1 | - |
| Working Cap Days ⓘ | 293 | 312 | 348 | 383 | 457 | 926 | 1,458 | 2,879 | 2,164 | 5,230 | 115 |
| Cash Conv. Cycle ⓘ | 121 | 107 | 58 | 43 | 27 | 17 | -21 | 16 | 22 | 61 | 71 |
Sales growth is good in last 4 quarters at 330.12%
Return on Equity is Poor
Sales growth has been subdued in last 3 years -41.42%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -0.2 | -0.2 |
| TTM Sales (₹ Cr.) | 7.5 | 7.5 |
| BVPS (₹.) ⓘ | 23.2 | 23.2 |
| Reserves (₹ Cr.) ⓘ | 44 | 44 |
| P/BV ⓘ | 1.28 | 1.28 |
| PE ⓘ | 0.00 | 0.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 15.76 / 37.40 |
| All Time Low / High (₹) | 0.95 / 191.25 |
| Market Cap (₹ Cr.) | 98.4 |
| Equity (₹ Cr.) | 33 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 28.5 |
| Pledged * | 11.88 | 11.88 | 11.88 | 11.88 | 11.88 | 11.17 | 10.40 | 10.40 | 0.00 | 0.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 272.93 | 225.54 | 170.24 | 127.32 | 82.71 | 38.46 | 25.87 | 12.83 | 14.55 | 5.20 |
| Operating Expenses ⓘ | 270.73 | 235.14 | 166.21 | 121.13 | 78.14 | 46.36 | 27.74 | 18.10 | 19.29 | 10.17 |
| Manufacturing Costs | 65.13 | 58.82 | 54.58 | 39.64 | 35.51 | 12.59 | 8.88 | 5.51 | 6.65 | 0.22 |
| Material Costs | 172.63 | 147.92 | 83.74 | 55.22 | 21.43 | 20.33 | 8.86 | 4.54 | 6.80 | 4.78 |
| Employee Cost | 22.76 | 20.59 | 19.06 | 17.34 | 14.43 | 9.75 | 4.84 | 4.28 | 3.57 | 1.78 |
| Other Costs ⓘ | 10.21 | 7.80 | 8.84 | 8.93 | 6.77 | 3.70 | 5.17 | 3.77 | 2.27 | 3.38 |
| Operating Profit ⓘ | 2.20 | -9.60 | 4.02 | 6.18 | 4.58 | -7.91 | -1.87 | -5.28 | -4.74 | -4.97 |
| 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 ⓘ | 4.99 | 2.75 | 1.57 | 1.81 | 6.09 | 2.84 | 1.24 | 1.32 | 6.88 | 11.42 |
| Interest ⓘ | 23.62 | 22.52 | 22.59 | 15.04 | 13.46 | 13.44 | 12.62 | 13.90 | 18.75 | 8.08 |
| Depreciation ⓘ | 13.16 | 18.27 | 6.79 | 4.08 | 3.30 | 2.95 | 2.47 | 1.29 | 0.88 | 0.52 |
| Exceptional Items ⓘ | 11.90 | 3.89 | 5.93 | 4.96 | 2.65 | 5.21 | 8.71 | -3.38 | 2.03 | 169.42 |
| Profit Before Tax ⓘ | -17.69 | -43.75 | -17.86 | -6.16 | -3.43 | -16.25 | -7.01 | -22.51 | -15.46 | 167.26 |
| Tax ⓘ | -4.35 | -10.17 | -3.63 | 2.09 | 4.79 | 0.92 | -1.13 | -1.03 | 1.02 | 1.80 |
| Profit After Tax | -13.34 | -33.58 | -14.23 | -8.26 | -8.23 | -17.17 | -5.87 | -21.49 | -16.48 | 165.46 |
| 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 | -5.0 | 50.1 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 62.23 | 26.65 | 12.42 | -16.17 | -24.35 | -41.62 | -47.73 | -69.29 | -85.72 | 75.14 |
| Share Capital ⓘ | 42.98 | 42.98 | 42.98 | 33.23 | 33.23 | 33.23 | 33.23 | 33.23 | 33.23 | 33.23 |
| Reserves ⓘ | 19.25 | -16.33 | -30.55 | -49.40 | -57.58 | -74.85 | -80.96 | -102.51 | -118.95 | 41.92 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 171.15 | 126.89 | 150.80 | 116.13 | 113.98 | 111.20 | 109.77 | 107.68 | 96.58 | 9.49 |
| Long Term Debt | 56.44 | 25.15 | 150.80 | 116.13 | 113.98 | 111.20 | 109.77 | 107.68 | 96.58 | 9.49 |
| Short Term Debt | 114.71 | 101.75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 17.19 | 17.48 | 13.61 | 2.02 | 8.73 | 4.80 | 4.34 | 1.70 | 0.44 | 0.25 |
| Others Liabilities ⓘ | 43.91 | 44.80 | 33.05 | 39.88 | 52.53 | 67.82 | 83.93 | 98.80 | 126.08 | -10.31 |
| Total Liabilities ⓘ | 294.48 | 215.82 | 209.88 | 141.86 | 150.89 | 142.20 | 150.32 | 138.89 | 137.38 | 74.58 |
Fixed Assets | ||||||||||
| Gross Block | 172.91 | 166.88 | 148.18 | 124.40 | 123.78 | 101.39 | 58.48 | 54.77 | 37.67 | 8.58 |
| Accumulated Depreciation | 101.83 | 118.34 | 108.36 | 94.48 | 95.89 | 76.63 | 39.44 | 37.94 | 26.57 | 5.70 |
| Net Fixed Assetsⓘ | 71.08 | 48.53 | 39.82 | 29.92 | 27.88 | 24.76 | 19.04 | 16.83 | 11.10 | 2.88 |
| CWIP ⓘ | 0.24 | 0.06 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 0.34 | 0.34 | 0.34 | 0.34 | 2.42 | 2.52 | 2.26 | 1.93 | 1.84 | 1.99 |
| Inventories | 68.78 | 32.95 | 17.71 | 7.55 | 9.45 | 3.15 | 2.97 | 2.86 | 0.26 | 0 |
| Trade Receivables | 43.07 | 19.34 | 17.67 | 4.86 | 2.41 | 0.21 | 0.05 | 0.34 | 0.08 | 1.88 |
| Cash Equivalents | 3.24 | 1.15 | 11.29 | 2.68 | 22.56 | 17.90 | 19.35 | 27.49 | 44.12 | 0.67 |
| Others Assetsⓘ | 107.73 | 113.44 | 123.04 | 96.51 | 86.17 | 93.65 | 106.65 | 89.43 | 79.98 | 67.16 |
| Total Assets ⓘ | 294.48 | 215.82 | 209.88 | 141.86 | 150.89 | 142.20 | 150.32 | 138.89 | 137.38 | 74.58 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -6.34 | 50.33 | 15.62 | 24.96 | 13.35 | -17.91 | -6.24 | -6.06 | 33.10 | 170.23 |
| PBT ⓘ | -26.21 | -47.64 | -23.79 | -11.19 | -6.09 | -21.46 | -15.72 | -19.14 | -17.49 | -2.16 |
| Adjustment ⓘ | 32.55 | 40.30 | 29.35 | 19.53 | 12.78 | 13.93 | 14.28 | 14.73 | 13.93 | -2.79 |
| Changes in Working Capital ⓘ | -21.38 | 53.78 | 4.18 | 21.72 | 6.69 | -15.59 | -13.52 | 1.73 | 35.04 | 5.94 |
| Tax Paid ⓘ | 0.18 | 0 | -0.06 | 0.06 | 0 | 0 | 0 | 0 | -0.41 | -0.18 |
| Cash Flow From Investing Activity ⓘ | 24.40 | 2.47 | 2.26 | 9.26 | 4.74 | 6.50 | 8.71 | 6.13 | 9.62 | 20.26 |
| Capex | 23.71 | 2.06 | 2.01 | 5.44 | 2.74 | 2.52 | 3.82 | 0.92 | 6.24 | 8.09 |
| Net Investments | 0 | 0 | 0 | 0.01 | -2.06 | -0.08 | 0.26 | 0.72 | 0.09 | -0.15 |
| Others ⓘ | 0.69 | 0.41 | 0.25 | 3.81 | 4.06 | 4.06 | 4.62 | 4.49 | 3.28 | 12.32 |
| Cash Flow From Financing Activityⓘ | -18.49 | -54.89 | -7.75 | -42.82 | -2.21 | -2.47 | -1.94 | -2.29 | -2.92 | -232.59 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -12.67 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -24.44 | -13.50 | -2.11 | -1.39 | -0.70 | -0.67 | -0.69 | -0.75 | -1.03 | -134.23 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 18.61 | -41.39 | -5.64 | -41.42 | -1.51 | -1.80 | -1.25 | -1.55 | -1.89 | -98.36 |
| Net Cash Flow ⓘ | -0.44 | -2.09 | 10.13 | -8.61 | 15.88 | -13.88 | 0.52 | -2.22 | 39.80 | -42.09 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -22.62 | -97.35 | -148.3 | N/A | N/A | N/A | N/A | N/A | N/A | 0 |
| ROCE (%) | 2.24 | -9.4 | 2.52 | N/A | N/A | N/A | N/A | N/A | N/A | 327.35 |
| Asset Turnover Ratio | 0.88 | 0.88 | 0.8 | 0.72 | 0.57 | 0.26 | 0.18 | 0.09 | 0.11 | 0.05 |
| PAT to CFO Conversion(x) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.03 | Working Capital Days |
| Receivable Days | 61 | 51 | 40 | 32 | 16 | 12 | 2 | 6 | 5 | 69 |
| Inventory Days | 93 | 82 | 54 | 36 | 38 | 60 | 43 | 83 | 39 | 0 |
| Payable Days | 53 | 43 | 68 | 52 | 92 | 121 | 188 | 243 | 57 | 26 |
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 Timeâ€.
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
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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