Ambika Cotton Mills Ltd
Ambika Cotton Mills is engaged in manufacturing and selling specialtycotton yarn catering to the needs of manufacturers of premium branded Shirts and T-shirts. [1]
- Market Cap ₹ 880 Cr.
- Current Price ₹ 1,536
- High / Low ₹ 1,890 / 1,386
- Stock P/E 13.5
- Book Value ₹ 1,486
- Dividend Yield 2.28 %
- ROCE 20.7 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.03 times its book value
- Company has been maintaining a healthy dividend payout of 19.5%
Cons
- The company has delivered a poor sales growth of 7.73% over past five years.
* 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 - Cotton/Blended
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
389 | 398 | 477 | 495 | 492 | 528 | 584 | 656 | 623 | 633 | 921 | 848 | 804 | |
311 | 311 | 373 | 395 | 399 | 423 | 471 | 531 | 517 | 507 | 650 | 672 | 694 | |
Operating Profit | 78 | 87 | 104 | 100 | 93 | 105 | 113 | 125 | 106 | 126 | 271 | 176 | 110 |
OPM % | 20% | 22% | 22% | 20% | 19% | 20% | 19% | 19% | 17% | 20% | 29% | 21% | 14% |
1 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 0 | 5 | 14 | 23 | |
Interest | 20 | 19 | 13 | 7 | 6 | 4 | 6 | 10 | 10 | 7 | 2 | 7 | 17 |
Depreciation | 27 | 27 | 32 | 29 | 30 | 29 | 29 | 29 | 28 | 29 | 29 | 30 | 28 |
Profit before tax | 32 | 41 | 60 | 64 | 59 | 72 | 80 | 87 | 69 | 90 | 244 | 152 | 88 |
Tax % | 26% | 24% | 19% | 20% | 25% | 23% | 23% | 27% | 24% | 25% | 26% | 27% | |
24 | 31 | 48 | 51 | 44 | 56 | 61 | 63 | 52 | 68 | 180 | 112 | 65 | |
EPS in Rs | 40.65 | 52.73 | 81.94 | 87.11 | 75.68 | 97.36 | 106.67 | 110.36 | 91.28 | 118.69 | 314.22 | 195.44 | 113.57 |
Dividend Payout % | 12% | 18% | 15% | 16% | 20% | 0% | 33% | 27% | 16% | 30% | 11% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 11% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 29% |
TTM: | -54% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 6% |
3 Years: | 19% |
1 Year: | 1% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 16% |
3 Years: | 18% |
Last Year: | 15% |
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 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 190 | 215 | 254 | 295 | 329 | 369 | 423 | 469 | 500 | 559 | 719 | 811 | 845 |
152 | 94 | 100 | 63 | 20 | 9 | 28 | 89 | 69 | 0 | 0 | 0 | 0 | |
90 | 108 | 95 | 86 | 69 | 93 | 107 | 50 | 51 | 64 | 99 | 164 | 189 | |
Total Liabilities | 438 | 423 | 455 | 450 | 424 | 476 | 565 | 613 | 626 | 629 | 824 | 980 | 1,039 |
310 | 291 | 289 | 270 | 255 | 254 | 259 | 260 | 246 | 245 | 227 | 215 | 206 | |
CWIP | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 6 | 4 | 0 | 0 | 13 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
128 | 131 | 165 | 180 | 169 | 222 | 305 | 352 | 373 | 380 | 596 | 765 | 821 | |
Total Assets | 438 | 423 | 455 | 450 | 424 | 476 | 565 | 613 | 626 | 629 | 824 | 980 | 1,039 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
135 | 87 | 38 | 43 | 67 | 67 | 16 | 10 | 50 | 103 | 302 | -80 | |
-4 | -9 | -28 | -9 | -13 | -28 | -32 | -46 | -3 | -25 | -3 | -4 | |
-132 | -79 | -8 | -34 | -52 | -32 | 10 | 36 | -46 | -84 | -21 | -26 | |
Net Cash Flow | -1 | -1 | 1 | 0 | 2 | 6 | -5 | 1 | 1 | -5 | 277 | -110 |
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 | 10 | 6 | 4 | 4 | 14 | 28 | 8 | 7 | 11 | 8 | 18 | 17 |
Inventory Days | 127 | 143 | 175 | 173 | 150 | 167 | 233 | 239 | 281 | 285 | 165 | 280 |
Days Payable | 52 | 77 | 43 | 27 | 23 | 49 | 59 | 6 | 9 | 21 | 43 | 87 |
Cash Conversion Cycle | 85 | 72 | 136 | 150 | 141 | 146 | 182 | 239 | 283 | 272 | 140 | 211 |
Working Capital Days | 33 | 22 | 53 | 79 | 95 | 99 | 142 | 171 | 196 | 191 | 94 | 147 |
ROCE % | 13% | 18% | 22% | 20% | 18% | 21% | 20% | 19% | 14% | 17% | 38% | 21% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 22 Apr
- Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (LODR) Regulations, 2015 18 Apr
- Filing Of Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations 2015 For The Year Ended 31.03.2024 10 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Apr - Filing of Compliance Certificate under Regulation 74(5) of SEBI(DP) Regulations, 2018
- Compliance Certificate For The Period Ended 31.03.2024 6 Apr
Annual reports
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Financial Year 2023
from bse
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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
from nse
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
Product Differentiation
ACML specializes in manufacturing premium quality compact and Eli Twist yarn. The company uses extra-long staple cotton in its yarn manufacturing by importing high-quality Giza and Pima cotton from Egypt, Australia, and US[1]. This is used to manufacture premium branded shirts and t-shirts[2] enabling Ambika's products to command a premium against market rates.