Ashnoor Textile Mills Ltd
Incorporated in 1984, Ashnoor Textiles Mills Ltd manufactures and exports white terry towels[1]
- Market Cap ₹ 101 Cr.
- Current Price ₹ 63.1
- High / Low ₹ 69.9 / 25.0
- Stock P/E 12.5
- Book Value ₹ 38.1
- Dividend Yield 0.00 %
- ROCE 8.75 %
- ROE 11.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 22.5% CAGR over last 5 years
- Debtor days have improved from 94.4 to 62.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
50 | 92 | 67 | 101 | 97 | 82 | 88 | 129 | 137 | 118 | 262 | 177 | 129 | |
48 | 87 | 60 | 96 | 92 | 72 | 82 | 115 | 128 | 107 | 243 | 162 | 112 | |
Operating Profit | 2 | 5 | 7 | 5 | 5 | 10 | 7 | 13 | 9 | 11 | 19 | 15 | 17 |
OPM % | 4% | 5% | 11% | 5% | 5% | 12% | 7% | 10% | 7% | 10% | 7% | 9% | 13% |
-0 | -0 | -0 | 1 | 1 | -1 | 1 | 0 | 0 | 1 | 0 | 1 | 4 | |
Interest | 0 | 3 | 5 | 3 | 1 | 2 | 2 | 6 | 3 | 2 | 4 | 4 | 5 |
Depreciation | 1 | 2 | 2 | 1 | 2 | 3 | 2 | 2 | 3 | 3 | 4 | 4 | 4 |
Profit before tax | 0 | 0 | 0 | 2 | 3 | 4 | 4 | 5 | 4 | 7 | 12 | 8 | 12 |
Tax % | 92% | 82% | 61% | 10% | 56% | 31% | 41% | 16% | 21% | 22% | 26% | 23% | |
0 | 0 | 0 | 1 | 1 | 3 | 2 | 4 | 3 | 5 | 9 | 6 | 8 | |
EPS in Rs | 0.02 | 0.05 | 0.09 | 1.06 | 0.89 | 2.17 | 1.63 | 2.65 | 2.03 | 3.41 | 5.64 | 3.85 | 5.09 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 15% |
3 Years: | 9% |
TTM: | -41% |
Compounded Profit Growth | |
---|---|
10 Years: | 52% |
5 Years: | 23% |
3 Years: | 23% |
TTM: | 82% |
Stock Price CAGR | |
---|---|
10 Years: | 39% |
5 Years: | 37% |
3 Years: | 72% |
1 Year: | 139% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 13% |
3 Years: | 14% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 13 | 13 | 13 | 13 | 13 |
Reserves | 6 | 6 | 6 | 7 | 9 | 11 | 14 | 20 | 23 | 29 | 38 | 44 | 48 |
15 | 20 | 23 | 27 | 26 | 34 | 40 | 47 | 61 | 59 | 98 | 71 | 74 | |
14 | 19 | 12 | 11 | 18 | 17 | 20 | 17 | 20 | 22 | 31 | 11 | 13 | |
Total Liabilities | 43 | 55 | 51 | 56 | 63 | 73 | 85 | 96 | 117 | 123 | 179 | 138 | 147 |
12 | 12 | 11 | 15 | 24 | 24 | 24 | 24 | 29 | 30 | 37 | 43 | 41 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 14 | 22 |
31 | 43 | 39 | 40 | 38 | 49 | 60 | 71 | 87 | 91 | 139 | 82 | 84 | |
Total Assets | 43 | 55 | 51 | 56 | 63 | 73 | 85 | 96 | 117 | 123 | 179 | 138 | 147 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | -4 | -3 | 1 | 18 | -7 | -9 | -7 | 3 | 2 | -14 | 45 | |
-1 | -2 | -1 | -5 | -11 | -2 | -2 | -2 | -13 | -3 | -17 | -24 | |
-3 | 7 | 3 | 4 | -2 | 7 | 8 | 10 | 9 | 0 | 39 | -27 | |
Net Cash Flow | -0 | 1 | -0 | -1 | 6 | -2 | -3 | -0 | -0 | -1 | 8 | -5 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 63 | 64 | 75 | 60 | 42 | 78 | 98 | 96 | 100 | 124 | 97 | 62 |
Inventory Days | 187 | 142 | 124 | 89 | 86 | 163 | 162 | 127 | 161 | 197 | 91 | 128 |
Days Payable | 161 | 140 | 58 | 50 | 43 | 55 | 74 | 58 | 67 | 81 | 47 | 10 |
Cash Conversion Cycle | 88 | 67 | 140 | 100 | 85 | 186 | 187 | 166 | 194 | 240 | 141 | 180 |
Working Capital Days | 106 | 84 | 129 | 99 | 71 | 143 | 176 | 148 | 159 | 217 | 142 | 146 |
ROCE % | 2% | 13% | 15% | 13% | 9% | 17% | 9% | 16% | 8% | 9% | 13% | 9% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 Apr
- The Terms Of The Issue Of The Proposed Rights Issue Of Ashnoor Textile Mills Limited ('The Company'). 24 Apr
- Intimation Of Record Date 22 Apr
- Board Meeting Outcome for Outcome Of Board Meeting 22 Apr
-
Announcement under Regulation 30 (LODR)-Meeting Updates
22 Apr - Company approving the terms of the rights issue and intimation of record date.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2008
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Business Overview:[1]
Company manufactures a full range of white, colored, pool and kitchen towels, catering to medium and large size hotel chains. It also exports terry towels to the US