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 Semi Strong which suggest that the price of Suryalakshmi Cotton Mills Ltd is likely to Rise-somewhat 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.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||10.1%||10.3%||5.7%||5.7%||8.2%||6.6%||4.6%||2.2%||0.3%||0.9%||-|
|Value Creation Index ⓘ||-0.3||-0.3||-0.6||-0.6||-0.4||-0.5||-0.7||-0.8||-1.0||-0.9||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||5.5%||-0.5%||0.5%||7.8%||2.3%||-2.1%||-2.5%||-19.5%||-18.3%||-|
|Adj EPS ⓘ||19.7||22.3||5.6||7.4||18.2||10.9||1.8||-7.1||-14||-12.5||18.3|
|YoY Gr. Rt. %||-||13.3%||-74.9%||31.8%||147.4%||-40.4%||-83.4%||-490.1%||NA||NA||-|
|BVPS (₹) ⓘ||123||141.5||147.1||141.3||156.1||165.7||167.4||160.7||140.9||139.1||133.2|
|Adj Net Profit ⓘ||28.6||32.4||8.1||12.3||30.4||18.1||3||-11.8||-23.3||-20.8||34|
|Cash Flow from Ops. ⓘ||78.8||92.4||77.1||77.9||68.6||86.5||29||78.1||64.9||33.4||-|
|Debt/CF from Ops. ⓘ||4.5||3.8||4.3||3.8||5.4||4.3||13.4||4.5||4.9||9.3||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-195.1%||-192.7%||-290.3%||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||16.8||16.5||3.2||3.9||9.3||5.9||1.1||-4.3||-9.2||-8.9||13.4|
|Op. Profit Mgn % ⓘ||12.4||14.2||9.9||10.6||12.8||12.4||8.6||5.7||4.1||5.7||10.2|
|Net Profit Mgn % ⓘ||4.3||4.6||1.2||1.7||4||2.3||0.4||-1.6||-3.9||-4.3||4.4|
|Debt to Equity ⓘ||1.9||1.7||1.5||1.2||1.4||1.3||1.4||1.3||1.3||1.3||0.4|
|Working Cap Days ⓘ||144||136||142||148||154||148||168||177||209||256||165|
|Cash Conv. Cycle ⓘ||85||85||83||82||86||78||91||90||99||105||51|
Return on Equity has increased versus last 3 years average to 13.40%
Sales growth is good in last 4 quarters at 100.15%
Sales growth has been subdued in last 3 years -13.75%
Net Profit has been subdued in last 3 years -290.33%
Debt to equity has increased versus last 3 years average to 1.33
|TTM EPS (₹)||18.3||16.2|
|TTM Sales (₹ Cr.)||778||727|
|BVPS (₹.) ⓘ||133.2||0|
|Reserves (₹ Cr.) ⓘ||232||190|
|From the Market|
|52 Week Low / High (₹)||42.85 / 98.90|
|All Time Low / High (₹)||1.62 / 270.00|
|Market Cap (₹ Cr.)||124|
|Equity (₹ Cr.)||18.8|
|Face Value (₹)||10|
|Industry PE ⓘ||13.4|
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.
The company has an exciting product range in the counts 16s Ne to 40s Ne.100 % cotton combed yarns