Is Swaraj Suiting a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Swaraj Suiting Ltd is a below average quality company .

Is Swaraj Suiting undervalued or overvalued?

The key valuation ratios of Swaraj Suiting Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Swaraj Suiting share price return in the past 10 years?

Data is not available for this company

Is Swaraj Suiting a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Swaraj Suiting Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Swaraj Suiting Ltd - Stock Valuation and Financial Performance

Name: Swaraj Suiting
Brand: Swaraj Suiting

BSE: 0 | NSE: SWARAJ | Textile | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Swaraj Suiting:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	6.2%	8.7%	6.4%	6.3%	7.3%	-
Value Creation Index ⓘ	-0.6	-0.4	-0.5	-0.6	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	55.9	58.2	59.9	129	219	219
Sales YoY Gr.	-	4.1%	2.9%	115.2%	70.2%	-
Adj EPS ⓘ	2.6	4.2	2.9	3.2	3.8	3
YoY Gr.	-	59.7%	-30.5%	8.9%	19.8%	-
BVPS (₹) ⓘ	33.6	39.3	42.2	40.2	45.6	49.7
Adj Net Profit ⓘ	2	3.3	2.6	4.6	5.5	6
Cash Flow from Ops. ⓘ	13.6	7.2	5.6	15	-15.3	-
Debt/CF from Ops. ⓘ	3.1	4.9	7.4	4.9	-7.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	NA	55.6%	70.2%
Adj EPS ⓘ	NA	NA	-3.2%	19.8%
BVPSⓘ	NA	NA	5.1%	13.5%
Share Price	-	-	-	289.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	7.8	11.5	7.6	9.3	8.7	6.4
Op. Profit Mgn % ⓘ	21.4	22.5	16.4	10.4	10.7	NAN
Net Profit Mgn % ⓘ	3.7	5.6	4.4	3.6	2.5	2.5
Debt to Equity ⓘ	1.6	1.2	1.1	1.3	1.7	-
Working Cap Days ⓘ	0	207	274	155	166	0
Cash Conv. Cycle ⓘ	0	127	169	107	100	0

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 55.63%

Return on Equity has declined versus last 3 years average to 6.40%

Net Profit has been subdued in last 3 years -3.20%

Debt to equity has increased versus last 3 years average to 1.73

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Swaraj Suiting Ltd.

	Standalone	Consolidated
TTM EPS (₹)	3	3
TTM Sales (₹ Cr.)	219	219
BVPS (₹.) ⓘ	49.7	50
Reserves (₹ Cr.) ⓘ	72	73
P/BV ⓘ	4.65	4.62
PE ⓘ	75.99	76.00

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	421
Equity (₹ Cr.)	18.2
Face Value (₹)	10
Industry PE ⓘ	29.4

Management X-Ray of Swaraj Suiting:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Swaraj Suiting

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Swaraj Suiting

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	56	58	60	129	219
Operating Expenses ⓘ	44	45	50	115	196
Manufacturing Costs	13	12	7	11	25
Material Costs	25	28	38	97	155
Employee Cost	4	4	3	6	10
Other Costs ⓘ	1	1	1	1	6
Operating Profit ⓘ	12	13	10	13	23
Operating Profit Margin (%)	21.4%	22.5%	16.4%	10.4%	10.7%
Other Income ⓘ	0	0	0	0	1
Interest ⓘ	3	4	3	3	9
Depreciation ⓘ	6	6	4	5	8
Exceptional Items ⓘ	0	0	0	0	0
Profit Before Tax ⓘ	3	4	3	6	8
Tax ⓘ	1	1	1	2	2
Profit After Tax	2	3	3	5	6
PAT Margin (%)	3.6%	5.6%	4.4%	3.5%	2.5%
Adjusted EPS (₹)	2.6	4.2	2.9	3.2	3.9
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	26	30	38	60	66
Share Capital ⓘ	2	2	2	7	7
Reserves ⓘ	24	29	36	53	59
Minority Interest	0	0	0	0	0
Debt	35	31	34	65	102
Long Term Debt	24	20	24	59	56
Short Term Debt	11	11	10	6	46
Trade Payables	6	9	9	3	45
Others Liabilities ⓘ	9	7	10	13	17
Total Liabilities ⓘ	76	78	91	141	230
Fixed Assets
Gross Block	68	68	70	76	127
Accumulated Depreciation	24	30	34	39	47
Net Fixed Assetsⓘ	43	37	36	37	81
CWIP ⓘ	0	0	0	41	3
Investmentsⓘ	3	4	3	3	3
Inventories	20	26	31	30	68
Trade Receivables	6	6	13	14	57
Cash Equivalents	0	0	0	2	0
Others Assetsⓘ	4	6	9	15	18
Total Assets ⓘ	76	78	91	141	230

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	14	7	6	15	-15
PBT ⓘ	3	4	3	6	8
Adjustment ⓘ	9	11	11	21	17
Changes in Working Capital ⓘ	2	-7	-9	-12	-40
Tax Paid ⓘ	0	-1	0	0	0
Cash Flow From Investing Activity ⓘ	-5	0	-6	-47	-17
Capex	-4	0	-2	-47	-14
Net Investments	-2	0	1	0	0
Others ⓘ	0	1	-4	0	-3
Cash Flow From Financing Activityⓘ	-8	-8	0	34	31
Net Proceeds from Shares ⓘ	0	0	0	5	0
Net Proceeds from Borrowing ⓘ	-5	-4	4	35	-3
Interest Paid ⓘ	-3	-4	-3	-3	-9
Dividend Paid ⓘ	0	0	0	0	0
Others ⓘ	0	0	-1	-3	43
Net Cash Flow ⓘ	0	0	0	2	-2

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	7.83	11.53	7.67	9.58	8.96
ROCE (%)	8.37	11.34	8.54	8.63	10.44
Asset Turnover Ratio	0.74	0.76	0.71	1.11	1.18
PAT to CFO Conversion(x)	7	2.33	2	3	-2.5
Working Capital Days
Receivable Days	38	37	58	39	59
Inventory Days	128	142	172	86	82
Payable Days	83	101	89	22	56

Swaraj Suiting Ltd Stock News

Swaraj Suiting Ltd FAQs

What is the share price of Swaraj Suiting?

Company share prices are keep on changing according to the market conditions. The closing price of Swaraj Suiting on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Swaraj Suiting?

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 01-Jan-1970 05:30 the market cap of Swaraj Suiting stood at ₹420.8.

What is the P/E ratio of Swaraj Suiting?

The latest P/E ratio of Swaraj Suiting as of 01-Jan-1970 05:30 is 75.99.

What is the P/B ratio of Swaraj Suiting?

The latest P/B ratio of Swaraj Suiting as of 01-Jan-1970 05:30 is 4.65.

What is the 52-week high and low of Swaraj Suiting?

The 52-week high of Swaraj Suiting is ₹0.00 and the 52-week low is ₹0.00.

What is the TTM revenue of Swaraj Suiting?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Swaraj Suiting is ₹219.3 ( Cr.) .

About Swaraj Suiting Ltd

Swaraj Suiting was set up in the year 2003 and was initially engaged in the manufacture of cotton/synthetic fabrics but later shifted to trading in synthetic fabrics in 2009 by selling off its Sulzer weaving looms to an associate concern, Swaraj Sulz Private Limited. The company re-entered into manufacturing of Cotton and Synthetic fabrics in 2011 and commenced commercial operations in January 2013. The company’s Promoters Mohammed Sabir Khan, Samar Khan and Nasir Khan have a combined experience of more than 25 years in Textile Industry and have sound knowledge of production process, marketing, finance and all kind of other commercial activities related to the textile industry.

The company’s existing manufacturing unit is located at F-483 to F-487, G1-475 to 476, RIICO Growth Centre, Hamirgarh, Bhilwara, Rajasthan - 311025 which is also its Registered Office. In this unit, it has installed 123 Airjet looms which translates into 1.50 million meters of cotton & synthetic fabric per month translating into 225 Lakh Meters Per Annum (LMPA). The company has strategically planned the vertical integration of its operations to the next level of supply chain, aiming to lower production costs and increase the efficiency of the company.

In view of this, the company is in advanced stages of setting up a project in the district of Neemuch, Madhya Pradesh (MP), which is both the backward and forward integration of its existing activity. The commencement of commercial production shall be between March - April, 2022. This unit will manufacture premium quality denim fabric and tap new markets. The new manufacturing unit in MP is a denim processing plant with annual capacity of converting approximately 21.75 million metric meters of denim fabric.

Business area of the company

The company is presently, primarily engaged in the Manufacturing of Grey Fabric involving Cotton and Synthetic, Trading of Yarn, Grey fabric and Finished fabric and Weaving on Job work basis.

Key Milestones of the Company

2003: Incorporation of Company “Swaraj Suiting Private Limited” at Bhilwara.
2012: Set up Textile Manufacturing Facility at Bhilwara, Rajasthan.
2015: Awarded for Latest Technology by Bhilwara Textile Trade Federation.
2018: Registered as MSME under the Industry Classification Category of Manufacturing of Textiles.
2019: Crossed Turnover of Rs 50 crore.
2019: Company obtained ISO Certification.
2020: The Private Limited got converted into Public Limited and name changed to Swaraj Suiting Limited.
2021: Started setting up new Manufacturing Facility at Neemuch, Madhya Pradesh for manufacturing of Finished Fabric (Denim Fabric).
2021: Registration cum Membership by The Synthetic & Rayon Textiles Export Promotion Council.
2021: Company achieved the highest Turnover of Amount Rs 100 crore within 9 months i.e as on December 2022 during the year 2021-22.