T.T. Ltd Stock Analysis

BSE: 514142 | NSE: TTL | Textile | Small Cap

BSE Share Price 29-Nov-2022 18:01
93.40 -1.95 (-2.05%)

DeciZen - Make an Informed Decision on T.T.

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

1. Quality

2. Valuation

Overvalued

3. Price Trend

T.T. Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
200.8 Cr.
52-wk low :
65.9
52-wk high :
137
Bole Toh?

1. Is T.T. Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that T.T. Ltd is a average quality company.

2. Is T.T. Ltd undervalued or overvalued?

The key valuation ratios of T.T. Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is T.T. Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of T.T. 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 T.T.:

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.
T.T. 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 % 7.6%8.3%7.8%6.1%4.7%0.5%5.8%6.3%9.1%10.4%-
Value Creation Index -0.5-0.4-0.4-0.6-0.7-1.0-0.6-0.6-0.4-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 503744679700678511524423394396291
YoY Gr. Rt. %-47.9%-8.7%3%-3.1%-24.6%2.6%-19.3%-6.9%0.4%-
Adj EPS 34.21.90.5-1.7-8.9-0.2-0.656.8-2.4
YoY Gr. Rt. %-40.5%-54.9%-73.8%-432%NANANANA37%-
BVPS (₹) 24.127.227.728.142.235.935.521.418.724.119.2
Adj Net Profit 6.59.14.11.1-3.6-19.2-0.5-1.210.714.7-5
Cash Flow from Ops. 55.758.946.647.816.451.820.83940.140.9-
Debt/CF from Ops. 5.85.66.96.419.25.213.376.34.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -2.6%-10.2%-9%0.4%
Adj EPS 9.5%NANA37%
BVPS 0-10.6-12.228.9
Share Price 14% 5.2% 30.4% 14.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 6.7941-3.7-22.8-0.6-1.61519.8-11.1
Op. Profit Mgn % 10.58.79.375.45.878.310.19.96.3
Net Profit Mgn % 1.31.20.60.2-0.5-3.8-0.1-0.32.73.7-1.8
Debt to Equity 6.35.65.45.13.53.53.65.96.33.31
Working Cap Days 10378908894123115144199203305
Cash Conv. Cycle 7150565458746992959684

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 3.31

Return on Equity is Poor

Sales growth has been subdued in last 3 years -8.97%

Sales growth is not so good in last 4 quarters at -31.58%

Latest Financials - T.T. Ltd.

Standalone Consolidated
TTM EPS (₹) -2.4 -
TTM Sales (₹ Cr.) 291 -
BVPS (₹.) 19.2 -
Reserves (₹ Cr.) 20 -
P/BV 4.87 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 65.90 / 137.00
All Time Low / High (₹) 2.07 / 141.50
Market Cap (₹ Cr.) 201
Equity (₹ Cr.) 21.5
Face Value (₹) 10
Industry PE 23.8

Management X-Ray of T.T. :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of T.T.

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

News

T.T. Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of T.T. on 29-Nov-2022 18:01 is : 93.40.
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 29-Nov-2022 18:01 the market cap of T.T. stood at ₹ 200.8.
The latest PE ratio of T.T. as of 29-Nov-2022 18:01 is 0.00.
The latest PB ratio of T.T. as of 29-Nov-2022 18:01 is 4.87
The 52-week high of T.T. is ₹ 137.0 and the 52-week low is ₹ 65.90.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of T.T. is ₹ 290.9 ( Cr.) .

About T.T. Ltd

TT Ltd. was incorporated as Tirupati Texknit Limited on September 29, 1978 under the Indian Companies Act, 1956, The name of the company was changed to T T Limited with effect from January 15,1998. The company came out with a public issue in 2006.

T T Limited is engaged in the manufacturing of combed cotton yarn, carded cotton yarn and knitted fabric cloth at its units at Gajroula (U.P) and Avinashi (Tamil Nadu). TT is a progressive organization with sound investments in good quality systems and innovative marketing.

TT limited started with facilities to manufacture knitted fabric in 1978 at Ghaziabad. It had a network of franchise manufacturing units for the manufacture of undergarments, which were marketed under the brand name TT. In February 1990 the company came out with a public issue of Rs 330 lakh to acquire certain balancing equipments and also to expand network of franchise manufacturing units of hosiery goods/ knitwears. In the year 1993 the company set up a 100% EOU spinning mill at Gajroula with an installed capacity of 12500 spindles. To part finance the project cost of Rs 2511 Lakhs it came out with a rights Issue of Rs 901 lakh in February 1993.

In April 1994, the company set up another 100% export oriented spinning unit for manufacturing of Carded yarn with 12,500 spindles at Avanashi, Coimbatore at a cost of Rs 1835 lakh. In 2000 the company undertook modernization of Gajroula unit. The Ghaziabad unit was also later relocated to Gajroula in the Year 2004.The company had been granted ISO 9001: 2000 Certification by KPMG for its Gajroula Spinning Unit which was valid upto August 26, 2006. The same has been further renewed for a period of three months by Intertek Quality Registrar vides their Letter dated August 25, 2006. The company converted its 100% Export Oriented Spinning Unit at Avinashi, Coimbatore to a DTA Unit. Today T T Limited has its presence in fibre, yarn, knitted fabrics and undergarments. It has presence in both domestic and international market and is exporting yarn and cotton to various countries. It is selling its products all over India through a network of dealer spread across the country.

The company presently has three manufacturing units

  • The Gajroula Unit sprawled over 14 acres of land located in verdant green environs about 110 km from the national capital Delhi, very thoughtfully planned, the mill area is spacious and permits the straight line flow of materials.
  • The Tirupur Unit is situated about 66 km north of Coimbatore in south India. The weather is more equitable throughout the year. A dedicated work force of almost 250 workers in the unit and the best technology at its disposal create a conducive atmosphere for excellent house keeping. No doubt that the yarn Quality matches up to the world standards.
  • The Gondal Unit are located in 17 acres of land in the heart of the best cotton growing areas in India. It is 25 km from the city of Rajkot in Gujarat. Machinery is state of the art and all facilities are less then 6 years old.

Product range of the company includes:

Man

  • Vests / Singlet
  • Brief / Drawers
  • T-Shirts
  • Bermuda
  • Socks
  • Handkerchief
  • Others
  • Interlock white
  • Spice Rib White (RN)

Woman

  • Bra
  • Panty
  • Thermal Innerwear
  • Others

Knitted

  • Vests
  • Drawers / Briefs
  • Baba Suits
  • Panties / Bloomers
  • Others

Achievements/ recognition:

  • Trading House Certificate
  • ISO - 9001 Certified
  • OEKO – Certified
  • ISO 9002
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