Eurotex Industries and Exports Ltd
Established in 1989, Eurotex Industries and Exports Limited is engaged in manufacturing of cotton yarn & knitted fabric.
- Market Cap ₹ 11.3 Cr.
- Current Price ₹ 13.0
- High / Low ₹ 22.0 / 8.77
- Stock P/E
- Book Value ₹ -26.0
- Dividend Yield 0.00 %
- ROCE -6.28 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -53.1% over past five years.
- Contingent liabilities of Rs.5.14 Cr.
- Earnings include an other income of Rs.1.90 Cr.
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
257.55 | 283.15 | 344.29 | 280.57 | 233.92 | 188.63 | 252.05 | 196.75 | 42.06 | 23.64 | 2.25 | 5.72 | 5.71 | |
250.76 | 264.08 | 314.81 | 270.38 | 228.76 | 190.12 | 256.70 | 204.17 | 62.95 | 39.78 | 9.52 | 5.49 | 4.99 | |
Operating Profit | 6.79 | 19.07 | 29.48 | 10.19 | 5.16 | -1.49 | -4.65 | -7.42 | -20.89 | -16.14 | -7.27 | 0.23 | 0.72 |
OPM % | 2.64% | 6.73% | 8.56% | 3.63% | 2.21% | -0.79% | -1.84% | -3.77% | -49.67% | -68.27% | -323.11% | 4.02% | 12.61% |
22.76 | 0.42 | 0.47 | 1.50 | 1.67 | 1.21 | 1.14 | 1.40 | 7.54 | 11.02 | 2.55 | 2.24 | 1.90 | |
Interest | 12.11 | 10.03 | 10.10 | 10.44 | 8.10 | 7.54 | 7.79 | 7.36 | 4.74 | 3.27 | 2.65 | 2.66 | 2.60 |
Depreciation | 10.03 | 9.87 | 9.60 | 4.62 | 4.45 | 4.20 | 3.98 | 3.91 | 3.71 | 3.66 | 3.30 | 3.16 | 2.93 |
Profit before tax | 7.41 | -0.41 | 10.25 | -3.37 | -5.72 | -12.02 | -15.28 | -17.29 | -21.80 | -12.05 | -10.67 | -3.35 | -2.91 |
Tax % | -12.55% | -336.59% | 45.66% | 4.15% | 5.77% | 2.75% | 7.26% | 1.21% | 13.94% | 2.66% | -9.65% | 23.28% | |
8.34 | -1.80 | 5.57 | -3.23 | -5.38 | -11.68 | -14.17 | -17.07 | -18.76 | -11.73 | -11.70 | -2.57 | -1.88 | |
EPS in Rs | 9.53 | -2.06 | 6.37 | -3.69 | -6.15 | -13.35 | -16.19 | -19.51 | -21.44 | -13.41 | -13.37 | -2.94 | -2.15 |
Dividend Payout % | 0.00% | 0.00% | 7.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -32% |
5 Years: | -53% |
3 Years: | -49% |
TTM: | 28450% |
Compounded Profit Growth | |
---|---|
10 Years: | -13% |
5 Years: | 12% |
3 Years: | 23% |
TTM: | 82% |
Stock Price CAGR | |
---|---|
10 Years: | -3% |
5 Years: | -2% |
3 Years: | 27% |
1 Year: | 47% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
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 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 | 8.74 |
Reserves | 57.45 | 55.58 | 60.57 | 55.65 | 50.27 | 47.34 | 32.86 | 15.38 | -4.46 | -15.71 | -25.23 | -28.30 | -31.51 |
Preference Capital | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | |
72.55 | 77.53 | 64.26 | 58.75 | 41.80 | 46.53 | 47.56 | 29.04 | 23.80 | 24.36 | 33.08 | 33.08 | 38.05 | |
51.40 | 50.33 | 59.22 | 43.63 | 39.12 | 65.70 | 64.97 | 59.76 | 45.27 | 33.31 | 31.73 | 30.28 | 26.31 | |
Total Liabilities | 190.14 | 192.18 | 192.79 | 166.77 | 139.93 | 168.31 | 154.13 | 112.92 | 73.35 | 50.70 | 48.32 | 43.80 | 41.59 |
85.60 | 78.41 | 75.80 | 73.07 | 69.29 | 65.40 | 61.31 | 57.49 | 50.98 | 39.57 | 36.09 | 32.87 | 30.12 | |
CWIP | 0.43 | 0.01 | 1.66 | 0.05 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 3.18 | 3.18 | 3.18 | 3.18 | 3.18 | 13.83 | 13.22 | 12.50 | 1.10 | 1.94 | 4.81 | 3.27 | 3.74 |
100.93 | 110.58 | 112.15 | 90.47 | 67.41 | 89.03 | 79.60 | 42.93 | 21.27 | 9.19 | 7.42 | 7.66 | 7.73 | |
Total Assets | 190.14 | 192.18 | 192.79 | 166.77 | 139.93 | 168.31 | 154.13 | 112.92 | 73.35 | 50.70 | 48.32 | 43.80 | 41.59 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19.04 | 5.74 | 30.33 | 17.34 | 23.75 | -1.33 | 0.37 | 23.40 | -6.41 | -16.88 | -7.47 | 1.06 | |
24.35 | -1.97 | -7.25 | -1.81 | 0.65 | 0.56 | 0.94 | 0.77 | 16.25 | 19.03 | 1.40 | 0.81 | |
-43.17 | -4.14 | -23.02 | -15.51 | -24.31 | 1.29 | -0.90 | -25.25 | -9.50 | -2.38 | 6.42 | -2.40 | |
Net Cash Flow | 0.22 | -0.37 | 0.06 | 0.02 | 0.09 | 0.52 | 0.41 | -1.08 | 0.34 | -0.23 | 0.35 | -0.52 |
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 | 28.09 | 20.41 | 16.60 | 15.23 | 14.17 | 25.06 | 15.67 | 3.08 | 17.01 | 0.93 | 0.00 | 6.38 |
Inventory Days | 120.56 | 149.46 | 115.42 | 117.48 | 101.44 | 161.02 | 106.97 | 83.19 | 97.59 | 34.36 | 142.91 | |
Days Payable | 66.37 | 55.89 | 54.03 | 48.99 | 45.48 | 88.89 | 59.48 | 47.97 | 92.91 | 212.49 | 1,672.43 | |
Cash Conversion Cycle | 82.28 | 113.97 | 77.99 | 83.73 | 70.13 | 97.19 | 63.16 | 38.30 | 21.69 | -177.21 | -1,529.52 | 6.38 |
Working Capital Days | 65.47 | 76.91 | 52.48 | 55.08 | 40.65 | 52.54 | 32.00 | -9.80 | -156.12 | -276.84 | -2,752.91 | -957.17 |
ROCE % | -1.58% | 6.86% | 14.68% | 5.41% | 2.13% | -4.40% | -7.61% | -13.04% | -49.96% | -64.40% | -41.52% | -6.28% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Cessation
2d - The tenure of Smt. Hema Thakur as an Independent Director of the Company has come to an end w.e.f. 31st March 2024. Hence, she ceases …
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 20 Apr
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Announcement under Regulation 30 (LODR)-Newspaper Publication
19 Apr - Newspaper advertisement for Extra-ordinary General Meeting to be held on 16th May, 2024.
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Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015.
19 Apr - Certificate issued by M/s Aabid & Co. Company Secretaries in Practice pursuant to Regulation 40(9) of SEBI (LODR) Regulation, 2015 for the year ended 31st …
-
Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015
19 Apr - Compliance Certificate under Regulation 7(3) of SEBI (LODR) Regulations, 2015 for the year ended 31st March 2024.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Product Profile:
a) Yarns: [1] In 1989, company established first 100% Export Oriented Spinning Unit in India's private sector. Presently, company exports 100% cotton yarn from India, which exceeds 8000 tonnes, to a clientele spread worldwide.
Company manufactures wide range of combed cotton yarn counts ranging 20s to 120s. These yarns are used for knitting, weaving, dyeing and processing. Eurotex also manufactures specfic yarns that meet the requirements of its customers.
Company produces single and 2-ply yarns, RKM yarns, Double Yarns, TFO-Knotless Yarns, Gassed Yarns, Compact Yarns, Autoconed Yarns, Soft Precision Wound Yarns etc.
b) Fabrics:[2] Company knits fabrics in various structures viz.,
Single jersey in 24/28 gg and 30"
Interlock in 24 gg and 30"/34"
Rib in 18 gg and 30"
Company also produces Single Jersey Pique fabric, cotton/spandex knitted fabrics.