Suryalakshmi Cotton Mills Ltd Stock Analysis

BSE: 521200 | NSE: SURYALAXMI | Textile | Small Cap

BSE Share Price 31-Jan-2023 18:03
59.20 1.25 (2.16%)

DeciZen - Make an Informed Decision on Suryalakshmi Cotton

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

1. Quality

2. Valuation

Fair

3. Price Trend

Suryalakshmi Cotton Price Chart

P/E Ratio ( SA) :
3.75
Market Cap :
111.3 Cr.
52-wk low :
53.6
52-wk high :
98.4
Bole Toh?

1. Is Suryalakshmi Cotton Mills Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Suryalakshmi Cotton Mills Ltd is a average quality company.

2. Is Suryalakshmi Cotton Mills Ltd undervalued or overvalued?

The key valuation ratios of Suryalakshmi Cotton Mills Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Suryalakshmi Cotton Mills Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Suryalakshmi Cotton Mills 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 Suryalakshmi Cotton:

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.
Suryalakshmi Cotton Mills 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 10.3%5.7%5.7%8.2%6.6%4.6%2.2%0.3%2.5%8.5%-
Value Creation Index -0.3-0.6-0.6-0.4-0.5-0.7-0.8-1.0-0.8-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 705702705760777761742597486778891
YoY Gr. Rt. %--0.5%0.5%7.8%2.3%-2.1%-2.5%-19.5%-18.6%60.2%-
Adj EPS 22.35.67.418.210.91.8-7.1-14-5.615.115.8
YoY Gr. Rt. %--74.9%31.8%147.4%-40.4%-83.4%-490.1%NANANA-
BVPS (₹) 141.5147.1141.3156.1165.7167.4160.7140.9139.1133.2138.9
Adj Net Profit 32.48.112.330.418.13-11.8-23.3-9.328.330
Cash Flow from Ops. 92.477.177.968.686.52978.164.933.451.5-
Debt/CF from Ops. 3.84.33.85.44.313.44.54.99.35.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 1.1%0%1.6%60.2%
Adj EPS -4.3%6.8%NANA
BVPS -0.7-4.3-6.1-4.3
Share Price -1.5% -7.8% 44.4% -27.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 16.53.23.99.35.91.1-4.3-9.2-411.711.6
Op. Profit Mgn % 14.29.910.612.812.48.65.74.17.110.29.1
Net Profit Mgn % 4.61.21.742.30.4-1.6-3.9-1.93.63.3
Debt to Equity 1.71.51.21.41.31.41.31.31.31.10.3
Working Cap Days 136142148154148168177209257165157
Cash Conv. Cycle 85838286789190991056451

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.60%

Sales growth is good in last 4 quarters at 31.67%

Sales growth has been subdued in last 3 years 1.61%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 1.06

Latest Financials - Suryalakshmi Cotton Mills Ltd.

Standalone Consolidated
TTM EPS (₹) 15.8 16.2
TTM Sales (₹ Cr.) 891 727
BVPS (₹.) 138.9 0
Reserves (₹ Cr.) 242 190
P/BV 0.43 0.00
PE 3.75 3.62
From the Market
52 Week Low / High (₹) 53.55 / 98.35
All Time Low / High (₹) 1.62 / 270.00
Market Cap (₹ Cr.) 111
Equity (₹ Cr.) 18.8
Face Value (₹) 10
Industry PE 23.1

Management X-Ray of Suryalakshmi Cotton :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *14.9114.9167.5967.5967.5967.5955.0155.0155.0155.01
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Suryalakshmi Cotton

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Suryalakshmi Cotton Mills Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Suryalakshmi Cotton on 31-Jan-2023 18:03 is : 59.20.
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 31-Jan-2023 18:03 the market cap of Suryalakshmi Cotton stood at ₹ 111.3.
The latest PE ratio of Suryalakshmi Cotton as of 31-Jan-2023 18:03 is 3.75.
The latest PB ratio of Suryalakshmi Cotton as of 31-Jan-2023 18:03 is 0.43
The 52-week high of Suryalakshmi Cotton is ₹ 98.35 and the 52-week low is ₹ 53.55.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Suryalakshmi Cotton is ₹ 891.0 ( Cr.) .

About Suryalakshmi Cotton Mills Ltd

L N Agarwal started Suryalakshmi Cotton Mills in the year 1962, with 6,000 spindles to manufacture world class cotton and blended yarns, with a vision and commitment to establish the company as a leading enterprise in the textile industry. The company has, as a result, grown multifold in just four decades and also established the state of the art denim manufacturing plant having a capacity of 30 million meters per annum.

Today Suryalakshmi's yarn and rope dyed denim are acknowledged as the finest across international markets.The company has registered a growth of over 600% in the last decade alone.

Suryalakshmi's ongoing programme of modernisation and higher production Capacity has resulted in its denim production from 10 million meters to 30 million meters per annum. While yarn production capacity has also increased in multifold.

Suryalakshmi's denim plant at Ramtek near Nagpur, Maharashtra is equipped with the state of the art machines to produce Rope dyed denim. The plant has a capacity to produce 30 million meters of denim per annum.  Suryalakshmi's denim plant ranks among the best in the world. The blow room line, cards and draw frames are from Trutzschler, Autocore open end are of schalafhorst. Ball warping Machines and Long Chain Beamers are from Reed Chatwood Inc. and McCoy Ellison. Rope Dyeing Machine is from KTM, USA. The finishing range is from Monforts. The company has airjet looms of Nissan, Toyoda, Tsudakoma and Picanol.

Complete harmony is present not only across width of the fabric but right through the different batches. Fabric enriched by its excellent gradation. All this is made possible through our technologically superior machinery. 

In 2010 Suryalakshmi alloted Rs 150 crore for expansion; to enter power sector. In 2012 the Company's 25 MW Captive Power Plant at its Denim Division near Ramtek commenced operations.

Product range of the company includes:

The company has over 300 different varieties of denim to offer. Other than the basics, the product range can be broadly classified into Silky, Streaky, Ring, Cross hatch, Blends, Stretch, SL magic, Trends and last but not the least a wide range in Shirting denim fabrics.

Denim 

  • Basics
  • Blends
  • Silky
  • Stretch
  • Streaky Ring
  • SL magic
  • Cross Hatch
  • Trends

Spinning

The company has an exciting product range in the counts 16s Ne to 40s Ne.100 % cotton combed yarns

Achievements/ recognition:-

  • An IS /ISO 9001:2000 certified company
  • Suryalakshmi Cotton Mills is recognized as an Export House by the Government of India
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 | Register Now