Katare Spinning Mills Ltd

₹ 292 1.71%
05 Dec 4:01 p.m.
About

Katare Spinning Mills is engaged in the manufacture of cotton yarn, solar power and is also engaged in the hospitality business.

  • Market Cap 83.2 Cr.
  • Current Price 292
  • High / Low 497 / 22.6
  • Stock P/E 6.42
  • Book Value 440
  • Dividend Yield 0.00 %
  • ROCE 6.29 %
  • ROE -0.57 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.66 times its book value

Cons

  • Promoter holding has decreased over last quarter: -0.43%
  • The company has delivered a poor sales growth of -37.2% over past five years.
  • Company has a low return on equity of -6.50% over last 3 years.
  • Earnings include an other income of Rs.16.8 Cr.
  • Company has high debtors of 174 days.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
6.44 7.45 8.04 3.32 4.51 0.26 2.38 2.58 0.10 0.81 -0.04 0.80 1.81
6.65 7.83 8.60 3.38 4.80 0.59 2.05 2.65 6.00 0.72 5.55 0.79 1.98
Operating Profit -0.21 -0.38 -0.56 -0.06 -0.29 -0.33 0.33 -0.07 -5.90 0.09 -5.59 0.01 -0.17
OPM % -3.26% -5.10% -6.97% -1.81% -6.43% -126.92% 13.87% -2.71% -5,900.00% 11.11% 1.25% -9.39%
0.02 0.08 0.00 0.00 0.00 0.00 0.10 0.00 8.96 0.00 15.52 0.04 1.21
Interest 0.13 0.14 0.26 0.14 0.18 0.11 0.17 0.09 0.08 0.08 -3.55 0.00 0.00
Depreciation 0.22 0.23 0.22 0.22 0.22 0.22 0.21 0.22 0.22 0.22 0.70 0.34 0.34
Profit before tax -0.54 -0.67 -1.04 -0.42 -0.69 -0.66 0.05 -0.38 2.76 -0.21 12.78 -0.29 0.70
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -0.54 -0.68 -1.04 -0.43 -0.69 -0.67 0.05 -0.38 2.76 -0.21 12.77 -0.29 0.70
EPS in Rs -1.89 -2.39 -3.65 -1.51 -2.42 -2.35 0.18 -1.33 9.68 -0.74 44.81 -1.02 2.46
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
48 42 41 36 35 33 35 32 32 31 10 3 3
45 41 38 34 36 32 35 32 32 32 11 6 9
Operating Profit 3 1 2 2 -0 0 0 -0 -0 -1 -0 -3 -6
OPM % 7% 1% 6% 5% -1% 1% 0% -0% -1% -3% -3% -85% -167%
0 1 0 1 1 3 0 1 5 0 0 24 17
Interest 1 1 2 2 2 3 3 3 3 1 1 5 -3
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 2
Profit before tax 2 -1 0 0 -2 -1 -4 -4 0 -2 -2 15 13
Tax % 15% 2% -105% 194% 111% 74% 29% 23% 31% 0% 0% 47%
Net Profit 2 -1 0 -0 0 -0 -3 -3 0 -2 -2 8 13
EPS in Rs 5.65 -2.95 1.58 -0.60 0.67 -1.19 -9.16 -10.25 0.35 -7.82 -6.11 27.79 45.51
Dividend Payout % 0% 0% 63% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -22%
5 Years: -37%
3 Years: -52%
TTM: -36%
Compounded Profit Growth
10 Years: 5%
5 Years: 13%
3 Years: %
TTM: 637%
Stock Price CAGR
10 Years: 37%
5 Years: 77%
3 Years: 141%
1 Year: 1255%
Return on Equity
10 Years: -8%
5 Years: -9%
3 Years: -7%
Last Year: -1%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
3 3 3 3 3 3 3 3 3 3 3 3 3
Reserves 14 12 10 10 8 8 5 2 2 -0 -2 122 123
9 11 15 21 27 25 29 31 32 29 29 1 0
4 4 4 5 2 6 4 4 4 2 2 4 4
Total Liabilities 31 30 32 38 40 42 40 41 41 33 32 130 130
17 15 15 14 12 20 20 19 18 17 16 125 124
CWIP 0 0 0 7 10 1 1 1 1 1 1 0 0
Investments 1 0 0 0 0 0 0 0 0 0 0 0 0
13 15 17 17 18 21 20 21 22 15 15 5 5
Total Assets 31 30 32 38 40 42 40 41 41 33 32 130 130

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
2 -4 0 -7 2 -1 2 0 2 -3 1 5
-0 1 -0 -2 -2 3 0 0 -1 6 0 25
0 2 0 9 0 -2 -2 -1 -2 -4 -1 -29
Net Cash Flow 2 -1 0 -0 -0 0 -0 -0 -0 0 -0 0

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 6 16 14 10 12 17 7 23 23 26 65 174
Inventory Days 35 27 28 34 24 29 155 32 264 28 74 202
Days Payable 13 18 19 35 14 41 184 42 239 9 36 29
Cash Conversion Cycle 28 25 23 9 22 5 -21 13 48 45 103 347
Working Capital Days 22 45 20 26 36 -9 6 10 23 44 100 97
ROCE % 11% 2% 9% 6% -0% 5% -2% -2% 9% -5% -4% 6%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
50.65 47.73 47.73 47.73 47.73 47.73 47.73 47.73 47.73 47.73 50.23 49.80
0.28 0.28 0.28 0.28 0.28 0.28 0.28 0.28 0.28 0.28 0.28 0.28
49.07 51.99 51.99 51.99 51.99 51.99 51.99 51.99 51.99 51.99 49.49 49.93

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

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