Winsome Textile Industries Ltd Stock Analysis

BSE: 514470 | NSE: | Textile | Small Cap

BSE Share Price Jan 18, 18:01
81.90 -3.00 (-3.53%)

DeciZen - Make an Informed Decision on Winsome Textile

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

1. Quality

2. Valuation

Fair
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

10 Year X-Ray of Winsome Textile:

Analysis of Financial Track Record

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 4%10.4%9.6%10.6%12.6%11.5%7.5%9.5%6.9%4.9%-
Value Creation Index -0.7-0.3-0.3-0.2-0.1-0.2-0.5-0.3-0.5-0.7-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 316352499649658713698723662624758
YoY Gr. Rt. %-11.2%41.8%30.2%1.4%8.4%-2.2%3.6%-8.4%-5.8%-
Adj EPS -4.38.38.56.210.511.12.46.1-1.5-0.59.2
YoY Gr. Rt. %-NA2.4%-26.6%69.2%5.5%-78.4%155.2%-123.8%NA-
BVPS (₹) 46.153.762.969.679.786.489.195.694.393.999.1
Adj Net Profit -8.516.416.812.320.8224.712.1-2.9-1.118
Cash Flow from Ops. 60.470.12111197.299.310188.276.720.7-
Debt/CF from Ops. 3.95.219.93.43.63.63.23.23.313.1-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 7.8%-1.1%-3.7%-5.8%
Adj EPS NA-155.3%-160.9%NA
BVPS 8.23.41.8-0.4
Share Price 1.9% 4.8% 41.3% 180%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % -8.816.514.59.414.113.32.76.6-1.5-0.69.6
Op. Profit Mgn % 1018.618.415.215.815.711.211.89.89.114.3
Net Profit Mgn % -2.74.73.41.93.23.10.71.7-0.4-0.22.4
Debt to Equity 2.63.43.42.82.22.11.81.51.41.50.7
Working Cap Days 243242225196190192210200212229183
Cash Conv. Cycle 15611611312013113614413414616333

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.60%

Sales growth is good in last 4 quarters at 45.26%

Sales growth has been subdued in last 3 years -3.66%

Net Profit has been subdued in last 3 years -160.91%

Debt to equity has increased versus last 3 years average to 1.46

Latest Financials - Winsome Textile Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 9.2 9.1
TTM Sales (₹ Cr.) 758 502
BVPS (₹.) 99.1 0
Reserves (₹ Cr.) 177 105
P/BV 0.83 0.00
PE 8.87 9.00
From the Market
52 Week Low / High (₹) 24.40 / 91.10
All Time Low / High (₹) 4.83 / 128.00
Market Cap (₹ Cr.) 162
Equity (₹ Cr.) 19.8
Face Value (₹) 10
Industry PE 15.2

Management X-Ray of Winsome Textile :

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

Analyst's Notes

News

About Winsome Textile Industries Ltd

The Winsome Group put down its roots with a trading company in Calcutta in 1952.With an eye on increasing business opportunities being offered by the textile industry, Winsome established a spinning unit at Baddi in Himachal Pradesh in 1980. Since then its textile ventures are :

  • Winsome Textile Industries Ltd 50,000 Spindles ,9,500 kgs per day of fibre/yarn dyeing
  • Winsome Yarns Ltd ( 100% E.O.U.) 50,000 Spindles

All their spinning units are equipped with latest machinery from Reiter, Lakshmi, Schlafhorst and Murata. Special stress has been given to minimise contamination, both at pre-spinning and post-spinning stages by adding machines like Vision Shield in Blow Room and Schlafhorst-338 with LOEPFE - 9001 (SIRO CLEANER) Contamination Control Channel at winding stage.

The dye house is a fully imported plant with precision winder from SSM, dyeing vessels from Cubotex, hydro extractor from Galvanin & R/F dryer from Stalam.

Product range of the company includes:

The Company's principal activity is to manufacture yarn. It manufactures cotton yarn containing 85% or more cotton, containing less than 85% cotton, synthetic staple fibre yarn containing 85% or more of acrylic.

  • 100% Cotton   
  • 100% Acrylic 

Cotton Blends with : 

  • Viscose  
  • Polyester 
  • Modal   
  • Silk    
  • Wool   
  • Acrylic  
  • Flax/Linen

Achievements/ recognition:

  • Quality Management System - ISO 9002
  • Environment Management System  ISO 14001
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